Bob Lutz has worked as an executive for General Motors, Chrysler, Ford, and BMW at various points in his storied life. Saying he’s a man who is well-versed in the automotive industry would be a colossal understatement. And that expertise has led him to the assertion that a certain manufacturer is a cult led by a false god.
That, Audi has abandoned its wildly successful career in endurance racing for something far less popular, Ford takes a financial body blow, and Volkswagen Group continues to suffer with Porsche as its sugar daddy… after the break!
Yesterday, after a brief delay and weeks of teasing, Tesla Motors said it will equip all of its new vehicles with the hardware needed for fully autonomous driving. Starting yesterday, the technology comes standard on every model, including the upcoming Model 3 sedan.
But that doesn’t mean you can use it anytime soon. (Read More…)
Mini has revealed what form its new hybrid will take.
That, the e-tron name lives on in Audi’s first dedicated electric SUV, Unifor squares off with Ford, and hype man Elon Musk reschedules his alleged big announcement … after the break! (Read More…)
Tesla CEO Elon Musk vigorously defended his Autopilot system when accident reports rolled in earlier this year. Even when a fatal Florida crash was blamed on a temporarily blinded Autopilot, Musk assured citizens, Tesla owners, regulators and everyone else that the semi-autonomous driving system made his vehicles the safest things on the road.
Just do the math, Musk told the skeptics. Well, someone finally has. (Read More…)
To help make its promise of producing 500,000 vehicles per year a reality, Tesla Motors wants the city of Fremont’s approval to nearly double the size of its assembly plant.
The expansion plan comes as the electric automaker’s CEO promises something unexpected next week. (Read More…)
The brief uptick in share price Tesla enjoyed after beating production estimates this week was swiftly erased by a newly critical Goldman Sachs Group.
The investment bank downgraded the company on Thursday, sending its stock back down the hillside, Bloomberg reports. It’s bad news for CEO Elon Musk’s fundraising plans. (Read More…)
The dialogue from Tesla wasn’t all rainbows and puppies this week.
In oddly coordinated diatribes, CEO Elon Musk and his vice-president of business development took off the soft driving gloves and laid into their competition and the country’s regulators. The message? Put up, pay up, or shut up. (Read More…)
If Elon Musk’s tweets are accurate (and who can prove that they aren’t?), the Tesla CEO plans to build Millennials and hippies their dream ride at some point in the foreseeable future.
As per tradition, Musk took to Twitter to release snippets of detail about his sprawling (but vague) 10-year “master plan,” including what to expect from the automaker’s next two models. One proposed model is a no-brainer, but the other would be worshipped at a counterculture love-in. (Read More…)
To bastardize an old Dodge slogan, if you’re willing to devote your life to sustainable driving and ditch your electricity provider, you could be Tesla material.
The electric automaker announced a deal with solar company SolarCity today — an all-stock agreement worth $2.6 billion. Acquiring the nation’s largest rooftop solar provider gives Tesla CEO Elon Musk the top-to-bottom green company he always wanted, but it opens the company up to new risks. (Read More…)
Tesla CEO Elon Musk’s drive to develop and market new driving technology is well known, but former employees say he brushed aside their concerns about the safety of the company’s Autopilot system.
Several employees, including a former Autopilot engineer, told CNN Money that their concerns fell on deaf ears, as Musk always reverted back to a “bigger picture” position on safety. (Read More…)
His company’s product is under investigation by the National Highway Transportation Safety Administration, but Tesla CEO Elon Musk likes the favorable press the NHTSA gave to its Autopilot system.
Musk tweeted a link to a Wall Street Journal report that quotes NHTSA administrator Mark Rosekind praising the semi-autonomous driving system at a Detroit conference last week. The NHTSA is investigating what role Autopilot played in a fatal Florida crash on May 7. (Read More…)
Tesla CEO Elon Musk’s vision for his company’s future covers all the automotive bases, from personal vehicles to commercial trucks and transit fleets.
In a blog post on Tesla’s website, Musk spelled out the steps of his “Master Plan, Part Deux” — a long-term update of his previous decade-long business plan. With the Model 3 on the way in late 2017, the old plan has come to an end, so the company’s founder is looking for other things to power with electricity. (Read More…)