Tesla

Elon Musk makes dire Tesla warning in cost cutting hunt [Updated]

Elon Musk makes dire Tesla warning in cost cutting hunt [Updated]

Tesla's Elon Musk has made an ominous prediction about the automaker's financial outlook, with a leaked memo from within the firm giving it less than a year to achieve breakeven at its current spending rate. Tesla announced losses of $700m in the last quarter, though the automaker did end the three month period with $2.2 billion in cash.

Continue Reading

Trump’s China tariffs land Tesla in an Autopilot nightmare

Trump’s China tariffs land Tesla in an Autopilot nightmare

Tesla faces a tough Autopilot decision, after the US government denied requests to exempt its Full Self-Driving Computer from China tariffs, potentially forcing the automaker to raise prices or dramatically change its supply chain. The EV-maker detailed the Autopilot-enabling hardware at an event earlier this month, as it tried to convince analysts and investors that a truly autonomous Tesla was not only a possibility, but an imminent one.

Continue Reading

Tesla rolls out new safety features for all owners to curb accidents

Tesla rolls out new safety features for all owners to curb accidents

Tesla is going all out on its self-driving technologies, going as far as challenging more established hardware and names in the industry. It has painted LIDARs to be deadly and useless and boasts how its self-designed chip trumps NVIDIA's. Now the company has unveiled two features that improve safety by helping ensure drivers don't accidentally depart from their lanes.

Continue Reading

Tesla will launch its own insurance product in the near future

Tesla will launch its own insurance product in the near future

During a call with analysts today, Tesla CEO Elon Musk revealed the company plans to offer its own insurance product to its customers. The new offering will be available in around a month, according to Musk, who didn't provide any specific details on the product. The insurance will be "much more compelling" than existing alternatives, Musk claimed.

Continue Reading

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.

Continue Reading

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.

Continue Reading

Tesla’s latest full self-driving car went for a drive: Watch how it did

Tesla’s latest full self-driving car went for a drive: Watch how it did

Tesla has released a new video of its latest full self-driving car prototype in action, showing an autonomous Model 3 complete a full journey without human interaction. The demo was released following Tesla's first Autonomy Investor Day on Monday, where the automaker detailed some of the work it has been undertaking on driverless technologies.

Continue Reading

NVIDIA corrects Musk’s math in self-driving supercomputer showdown

NVIDIA corrects Musk’s math in self-driving supercomputer showdown

NVIDIA has pushed back against Tesla's Full-Self Driving Computer claims, praising the upstart automaker for its chip handiwork, but denying that the EV-maker is ahead. Elon Musk, Tesla's CEO, revealed the latest iteration of the car company's computer for assisted and - eventually, or at least so the promise goes - fully-autonomous driving yesterday, at an event in California.

Continue Reading

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.

Continue Reading

Tesla’s 2020 Robotaxi plan is peak Elon Musk

Tesla’s 2020 Robotaxi plan is peak Elon Musk

Tesla believes it can have a Robotaxi service operating as soon as 2020, with owners of the company's EVs able to add their cars to a ride-sharing Tesla Network fleet. Speaking at Tesla's first Autonomy Day, at which the automaker pulled back the curtain on some of the work it had been doing on self-driving vehicles, CEO Elon Musk outlined an aggressive - and at times confusing - vision of self-driving taxis.

Continue Reading

Tesla Autopilot is getting aggression settings

Tesla Autopilot is getting aggression settings

Tesla plans to allow drivers to make Autopilot more aggressive on the road, Elon Musk has revealed, even if doing so also dials up the risk of accidents. Musk confirmed the upcoming setting at the Tesla Autonomy Day, the automaker's first public deep-dive into the work it has been putting into creating self-driving vehicles.

Continue Reading

Tesla Model 3 lease added as $35k EV’s future gets murky

Tesla Model 3 lease added as $35k EV’s future gets murky

Tesla is adding a Model 3 lease option, one of the most requested options for its EV, while making big changes to the most affordable $35,000 version of the car. In addition, Tesla will be making Autopilot a standard feature on all of its cars, though that will mean their base prices increase.

Continue Reading

Prev 2 3 4 5 6 7 8 Next