Tag Archives: Tesla

How Self-Driving Cars Could Shape Our Future | Entrepreneur

Self-driving cars are a shared ambition among Google, Tesla, Apple, Uber and Lyft, among other automotive, tech and ridesharing companies. For Uber and Lyft specifically, it’s a matter of cutting costs. However, fiscal expediency is not the main benefit of this emerging technology. Roughly 94 percent of traffic accidents are caused by human error, and to many, autonomous vehicles (AVs) seem to be our only path toward lessening related fatalities. In addition, driverless cars have other benefits, such as lower fuel consumption, lower CO2 emissions and a reduction in congestion. Here are the main ways they stand to change our lives and carve out a lane in the consumer marketplace, as well as the challenges this fledgling sector will need to overcome.

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Tesla’s New Pricing Scheme Proves Simpler Is Better | Inc.com

Tesla has streamlined its pricing on the Model S and Model X. And there’s something to be said for that.

The car company on Tuesday removed the Standard Range versions of its Model S and Model X, effectively eliminating the two cheapest versions of its popular cars. The move means the base model Model S now jumps from $75,000 to $79,990 and the base model Model X now costs $84,990, up from $81,000.

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‘Consumer Reports’ calls out Tesla’s Navigate on Autopilot update | Mashable

Tesla CEO Elon Musk has proclaimed unfaltering adoration for his electric car company’s Autopilot feature on highways. But after a recent update meant to make it easier to use the semi-autonomous system, not everyone is so keen on the advanced-driving assistance tool.

Review service and publication Consumer Reports blasted Navigate on Autopilot on Wednesday following Tesla’s updates to the assistance tool last month. The automatic lane-changing and speed-suggesting system, which only works on certain highways, had several issues.

“We found that Navigate on Autopilot lagged far behind a human driver’s skill set,” the publication’s Keith Barry wrote.

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The Detroit Auto Show Proves Americans Sure Love SUVs | WIRED

THE DETROIT AUTO Show circa 2004: Gas prices are low. Auto sales are is good. Bigger is better. The only electrics on the floor are the hybrids brought along by the Japanese automakers like Toyota and Honda. Tesla is a Silicon Valley startup with big ideas, safely ignored. Cars are machines that people buy, own, and drive themselves. Automakers are taking the wraps off their latest machines, talking up power and comfort while the metal gleams in the spotlights.

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Tesla delivers $311m quarterly profit | BBC News

Tesla has reported a quarterly profit for just the third time in its 15-year history.

The electric car-maker made a record $311.5m (£241m) in the three months to 30 September, as the pace of car deliveries accelerated.

The result is a victory for chief executive Elon Musk, who had promised a profit to investors earlier this year.

Tesla’s last profitable quarter came in 2016 and it had faced mounting questions about its finances.

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Tesla surprises fans with $1,500 limited edition surfboards | Mashable

Is Tesla taking merch too far?

Elon Musk has a knack for selling weird branded merchandise that has nothing to do with what his companies actually do — remember The Boring Company’s flamethrowers? Or the $400 leather jackets made from the same automotive grade leather that adorns Tesla interiors?

Tesla added surfboards to its gift shop on Saturday. The surfboards, which were briefly available for the perfectly reasonable price of $1,500, is a collaboration between Tesla Design Studio and Lost Surfboards.

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Tesla Sales Stopped in Hong Kong After Electric Car Tax Break Scrapped | Business Insider

The Hong Kong government’s decision to scrap a tax break for electric vehicles has had a dramatic effect on sales of Tesla cars in the city, according to The Wall Street Journal.

Data analysis from The Journal has shown that zero new Tesla Model S sedans and Model X SUVs were registered with the transport department in April, after the vehicle-registration tax waiver for electrics was discontinued at the start of that month.

Following that, just five privately owned electric cars were registered in May.

The Journal reported a sales surge just before the April 1 rule change, with 2,939 Tesla vehicles registered in March and nearly 3,700 entering the department’s books for the first quarter of 2017. The end of the tax break was announced in February.

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Tesla told to dump Autopilot brand in Germany | BBC News

Tesla has been told to drop the Autopilot brand name, which it uses to promote its driver-assistance software, in Germany.

The Federal Motor Transport Authority (KBA) confirmed it had told Tesla to scrap the “misleading” term.

It said the term gave customers “incorrect expectations” that they could stop concentrating on the road and let Autopilot take over completely.

Tesla said it had always told drivers to keep their hands on the wheel.

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Tesla to unveil “unexpected” new product October 17 | TechCrunch

Tesla will unveil something on Monday October 17, according CEO and founder Elon Musk. It’ll be a new product, he said in a Tweet on Sunday, which will be “unexpected by most,” and which will be separate from a Tesla/SolarCity product unveiling on the 28th.

Musk previously teased the October 28 event, saying it would include the unveiling of joint products from both the electric car and the solar energy companies, including a solar roof, along with an integrated second generation of the Tesla Powerwall energy storage solution, and a Tesla EV charger.

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Tesla reveals ‘cheaper’ Model X SUV | Money CNN

Tesla just put a cheaper version of its Model X SUV on the market. Don’t get too excited, though. The Model X is a luxury SUV and it still costs like one. Prices for the new Model X 60D start at $74,000.

That would be $66,500 after a $7,500 federal tax credit, which is how Tesla usually prefers to talk about its prices.

Tesla (TSLA) boasts on its website that it comes to just $768 a month after “estimated savings,” including the much lower cost of electricity compared to gasoline.

The 60D has a 60 kilowatt hour battery for an estimated driving range, on a full charge, of 200 miles. That’s compared to 237 miles for the $83,000 Model X 75D or 257 miles in the $95,500 90D.

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