Automotive

Tesla reports huge $702m net loss for Q1 2019

Tesla reports huge $702m net loss for Q1 2019

Tesla has revealed its Q1 2019 financial details, reporting a heavy loss of $702 million for the first quarter. The company ended Q1 with $2.2 billion in cash and equivalents, a $1.5 billion drop from the end of last year. Among other things, Tesla reports that it was negatively impacted by 'non-recurring items.' The company's $4.54 billion quarterly revenue fell short of expectations.

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New Tesla Models S and X can drive farther before needing to recharge

New Tesla Models S and X can drive farther before needing to recharge

Given the nature of electric vehicles, there will always be two things on drivers' minds. One is where and how fast they can recharge their cars on the road and the other is how long they can go even go before they need to plug in. Tesla announced last month improvements to its Supercharging system and now it is boasting of significant improvements to the latter, claiming that the Model S and Model X are, yet again, the longest-range electric vehicles in the market.

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Tesla custom Full Self-Driving Computer is already in all new cars

Tesla custom Full Self-Driving Computer is already in all new cars

Tesla, particularly CEO Elon Musk, isn't exactly popular for its estimates and predictions. It has recently admitted its failure to meet expectations and demand in shipping its Model 3 electric cars. So when the carmaker actually does get the estimate right, it's a pleasant surprise. Even better, however, Musk has said that its custom Full Self-Driving Computer promised 6 months ago isn't just here, it is actually already hiding inside all Tesla models made within the past weeks.

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Tesla Navigate on Autopilot update brings three new features

Tesla Navigate on Autopilot update brings three new features

Tesla has announced an update for Navigate on Autopilot, the active guidance navigation feature the company launched late last year. The new version brings a "more seamless" experience, according to Tesla, including a specific option the company had promised it would eventually offer: lane changes without stalk confirmation. The update brings a couple other notable changes, as well.

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Tesla Q1 2019 delivery numbers fall terribly short

Tesla Q1 2019 delivery numbers fall terribly short

There have been criticisms of Tesla ability, or rather the lack of it, to deliver on its promises in terms of production and, well, deliveries. That became even more pronounced with the Model 3 which has become the most popular of the three electric sedans. The car maker has largely downplayed those but in its Q1 2019 report on production and deliveries, it had no choice but to admit it had lower than expected deliveries which, of course, will now negatively impact their first-quarter earnings.

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Tesla revives Referral Program with car giveaways, Supercharger perk

Tesla revives Referral Program with car giveaways, Supercharger perk

Tesla has announced a new Referral Program that rewards customers who recommend the company to their friends...assuming that recommendation results in a vehicle purchase, of course. The company explains that its previous Referral Program was popular but pricey, and so it is back with a new version, one that offers exclusive perks for existing customers without the same 'significant costs' for Tesla.

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The Deliverator compact EV brings green deliveries to cramped cities

The Deliverator compact EV brings green deliveries to cramped cities

Arcimoto has launched pre-orders for the Deliverator, a three-wheeled electric vehicle designed specifically for deliveries. The vehicle has a 100-mile range and a top speed of 75mph, making it more substantial than the small autonomous delivery buggies some other companies have introduced. The model offers better efficiency than traditional delivery trucks, however.

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Fiat Chrysler recalls nearly 900,000 cars in US over emissions issue

Fiat Chrysler recalls nearly 900,000 cars in US over emissions issue

The Environmental Protection Agency has announced the voluntary recall of nearly 900,000 Fiat Chrysler vehicles located in the United States. The recall follows an in-use emissions investigation by the EPA, as well as in-use testing Fiat Chrysler conducted under EPA regulations. The recall concerns vehicles that fail to meet emissions standards, according to the agency, which will help consumers deal with the recall.

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All Boeing 737 Max flights suspended in Europe, but not USA (yet)

All Boeing 737 Max flights suspended in Europe, but not USA (yet)

After the Ethiopian Airlines flight ET302 accident this week, the European Union Aviation Safety Agency (EASA) banned all Boeing 737 MAX operations in Europe. This goes for all commercial major and third-country operators both in and out of the European Union. This was announced as an official Airworthiness Directive, in effect as of 19:00 UTC, March 12th, 2019.

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Onewheel Pint is a smaller, more affordable one-wheeled skateboard

Onewheel Pint is a smaller, more affordable one-wheeled skateboard

A relatively compact one-wheeled electric-powered skateboard was revealed today with the name Onewheel Pint. This isn't the first time a personal electric vehicle of this sort's ever been made - it's a sort of refinement of the concept. Like we're a couple iterations in to the idea, and we're getting closer to the sweet spot for size, weight, and cost.

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Bugatti Baby returns in a larger 3D-printed Type 35 body

Bugatti Baby returns in a larger 3D-printed Type 35 body

We see quite a few "miniature" model of iconic cars being made available for children to drive but that practice isn't a modern invention. More than a century ago, Bugatti made a half scale model of the historic Type 35 racing car for his four-year-old son. The car became so popular that the Bugatti Baby became one of the first limited edition miniature cars in history. To celebrate the company's 110th anniversary Bugatti is bringing the Baby back, this time with more than a few modern features for good measure.

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Tesla extends Model 3 delivery dates after surge in orders

Tesla extends Model 3 delivery dates after surge in orders

The last few months have seen an increase in Tesla Model 3s on the road as more of the earliest buyers have received their car. This surge in visibility means that when the carmaker finally launched the long-awaited $35,000 base model just over a week ago, interest in the vehicle was at its highest. As you'd expect, this popularity has resulted in a huge number of orders, forcing Tesla to extend its delivery timelines.

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