Tag: Elon Musk

By on January 8, 2021

Move aside, Jeff Bezos, as Elon Musk is now the world’s richest man. At least according to CNBC.

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By on December 30, 2020

Tesla

Elon Musk said in a tweet, “All Tesla cars delivered in the final three days of the year will get three months of the Full Self-Driving option for free. Delivery & docs must be fully complete by midnight Dec 31st.”

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By on December 1, 2020

While electric automobiles have numerous advantages over internal combustion vehicles, we’ve often wondered when their disadvantages would be offset to a point that would make sense to have them become the dominant mode of transportation. While there are multiple issues that have to be addressed, one of the largest involves finding a way to source the kind of energy needed for the world to recharge them on a regular basis.

An EV-dominated society likely means elevated energy prices and peak demand hours that could easily overtax national energy grids. Renewable energy sources may also prove insufficient in providing the kind of power necessary — potentially requiring countries to double down on plants reliant on coal, oil, and natural gas if nuclear facilities are not approved. Counter-productive takes like that are often downplayed, however, so industrial giants can continue proclaiming the technology as largely trouble-free.

But what happens when EV royalty starts making similar claims about our collective energy needs?

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By on October 23, 2020

Tesla is recalling some 30,000 imported Model S and Model X vehicles in China over claimed defects in the suspension. According to China’s State Administration for Market Regulation, cars manufactured between September 2013 and January 2018 suffered from two distinct issues, with some vehicles having both.

But, almost as quickly as the story was brought to our attention, Tesla announced the accusations were baseless and the recall was being forced by the Chinese government. The group that’s being recalled accounts for most of the American-made EVs shipped to China by the brand. Since Tesla started manufacturing in Shanghai in 2020, U.S. exports have slowed to a trickle. The automaker seemed to hint that there may be political reasons behind the decision but stopped short of saying it wouldn’t comply with Chinese regulators.

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By on October 22, 2020

Tesla continued to prove itself as the electric automaker par excellence by posting its fifth profitable quarter in a row on Wednesday. The California-based (for now) automaker reported a net income of $331 million and a 39 percent improvement in revenue to $8.8 billion.

Of course, a huge amount of that money came via regulatory credits Tesla sold to its rivals. By nature of being an EV manufacturer, the company was able to sell $397 million in environmental absolution while helping its own bottom line. Though third-quarter deliveries were quite strong as automotive revenue jumped 42 percent to $7.6 billion.

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By on October 7, 2020

Elon Musk went on Kara Swisher’s podcast recently and complained about the media coverage of Battery Day and I have to say, Elon, in the highly unlikely event that you’re reading this, hire a real honest-to-God comms shop.

Let me hit you, dear reader, with some inside baseball. You probably know that just about every large company, including every automaker, has some kind of communications/public relations department.

Tesla, it seems, does not.

Update: Now we know it does not, not anymore.

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By on October 6, 2020

Tesla Inc. has reportedly disbanded its U.S. media relations team in the United States, fitting since the only journalists that seem to have any direct contact with the company suffer from a condition where they unquestionably praise its products and business model. While access journalism appears to be on the rise in all industries, the automotive realm was relatively free of the phenomenon until fairly recently. Now its getting to a point where just finding someone in the PR department to respond to you within 48 hours is a minor miracle  and it makes little difference whether you’re one of the big boys or a smaller outfit, like ours.

While Tesla used to be wildly proactive in reaching out to authors, sometimes just to complain about articles, it’s been enacting radio silence for quite some time. Other automakers will at least provide you with a boilerplate corporate response  assuming they haven’t issued one already. But it has been complete static from Tesla for what feels like years, leaving the firm little reason to continue paying people whose sole responsibility was to totally ignore the media.

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By on October 2, 2020

On Friday, Tesla CEO Elon Musk said the automaker was planning to enter the Indian market in 2021. “Next year for sure,” Musk said in a Twitter response that included a photograph of a T-shirt indicating that “India Wants/Loves Tesla.”

The original poster is probably correct in that assumption, too. While Indian vehicle prices average around the U.S. equivalent of $7,400, many models can be had for far cheaper. Vehicle ownership is also extremely limited, with only around 25 in 1,000 people able to afford one. But Transport Minister Nitin Gadkari said the nation had a plan to ensure 15 percent of all new vehicle sales were electric by 2023.

That sounded insanely ambitious to our years when we first heard it in 2018, especially considering India’s original plan called for the same number by 2030 and seemed similarly unrealistic. Central planning rarely goes as mapped but it’s all the rage in most nations now that it can be tied to progressive looking environmental reforms.

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By on September 22, 2020

Tesla Model S Grey - Image: Tesla

Tabless batteries and a Plaid trim level of the Model S made the biggest news at Tesla’s much-hyped “Battery Day.”

Batteries that last longer, cost less, and have more power will help drive EV adoption, and the new 4680 tabless battery cells, which are cylindrical and larger, are claimed to provide five times as much energy as before, with six times the power and up to 16 percent more range. Tesla says production on these batteries has already begun.

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By on August 20, 2020

tesla model x, Image: Tesla Motors

Man, this is really something. The 145,000th piece of evidence just landed in support of the hypothesis that Tesla is, in fact, a cult, and that activism and ideology has replaced religion in the wealthier, progressive, and more youthful corners of America.

Which brings us to Tesla Dating. (Read More…)

By on August 3, 2020

Tesla CEO Elon Musk was on top of his game during an interview with Automotive News last week. By that, we mean his ego and various personality quirks came through like a shaft of sunlight parting a fog bank.

Musk announced during the talk that his company performed no customer research before designing and revealing the polarizing and still-not-clearly-legal Cybertruck to would-be buyers, laughing at the idea. If folks don’t like it, he said, there’s a plan. (Read More…)

By on July 15, 2020

If you happen to find yourself running a section of this country and would like an automaker to build a factory there, we’ve got a couple of tips to help improve your odds. It might be unfair to call them tips, however, as they’re common knowledge and realistically the only way to get a business to settle on your land. Step One involves promising as much money and as little regulation as possible. Step Two involves waiting for their response.

Hoping to beat out Oklahoma as the home of Tesla’s Cybertruck, Texas is attempting to dazzle the electric automaker with the tax breaks it knew the company wanted. All the automaker has to do is spend over a billion dollars to build its facility in Travis County.  (Read More…)

By on July 9, 2020

Tesla is reportedly “very close” to achieving complete driving autonomy, according to CEO Elon Musk.

“I’m extremely confident that level 5 or essentially complete autonomy will happen and I think will happen very quickly,” Musk said during a video message for the opening of Shanghai’s annual World Artificial Intelligence Conference.  (Read More…)

By on July 2, 2020

With the automotive industry seeing losses across the board, most investors could do nothing but watch in horror as sales reports showed the post-lockdown recovery had not yet begun. But there was a faction that ignored the carnage taking place around them and continued to pump money into their preferred auto brand until it became the most valuable automaker in the world.

While it’s a sin for you not to know, we are obviously discussing Tesla Motors — the infallible, gleaming beacon of modern-day motoring.

The firm officially surpassed mega-giant Toyota on Wednesday, with shares trading as high as $1,228 before tapering off in the evening with a market cap of around $220 billion.  (Read More…)

By on June 30, 2020

Tesla CEO Elon Musk is reportedly cracking the whip again, spurring his company’s workforce into a frenzy of car-building as the end of the second quarter looms.

After posting a surprising first-quarter profit in early April, Tesla warned that the full weight of the coronavirus pandemic — and related lockdowns and sales implosion — would land on its balance sheet in Q2. To keep investor enthusiasm alive, the push is on to make those numbers as rosy as possible. (Read More…)

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