#tesla
Long Road to Recovery: Supply Chain Troubles Impact Industry Relaunch
As predicted, supply issues are hampering the automotive industry’s relaunch. The good news is that practically everyone on the planet understood this would be a problem, but it’s undercut by the preliminary damage created by coronavirus lockdowns.
While automakers had sizable cash reserves with which to endure an economic shutdown, many suppliers did not. Small part suppliers have struggled with liquidity as larger equipment manufacturers try to figure out how to ramp up production and address their own supply headaches. As it turns out, shutting down an entire economic sector is a lot easier than restarting one after it’s been kneecapped.
Better Batteries, New Corporate Identity Coming to Tesla?
Tesla plans to introduce a cheaper, longer-lasting battery in Model 3 sedans produced for Chinese customers. With the industry awaiting the next breakthrough in battery tech, and the hope that such a development will bring electric vehicle pricing closer to internal combustion units, this is a big deal.
Initial data also seems to suggest these cells plan on delivering — offering more affordable production options and a million-mile lifespan (a claim always worthy of a grain of salt). According to those familiar with the plan, the batteries also have the capability to be extracted from cars to serve as home-energy solutions. Battery waste is going to become a serious problem once EVs enter into the mainstream. Tesla’s new plan might fail to address the endgame, but it could prolong their usefulness and buy additional time before they have to be recycled or stored at specially designated waste containment areas that can handle hazardous materials.
Closest Thing You'll Find to a Tesla Dealership Lands in Michigan
Until January, any Michigan resident hoping to take home a Tesla had to first leave the state. That all changed following an agreement between the state and the automaker, which sued Michigan back in 2016 to protest its protectionist law against direct sales.
Now, the closest thing you’ll find to a true Tesla dealer has appeared outside Detroit.
Tesla Vs Alameda County Update: Official Production Could Return Monday
Tesla CEO Elon Musk made waves this past weekend by declaring his Fremont, California assembly plant would resume production in defiance of the stay-at-home orders imposed by Alameda County, bolstering his claim by threatening to move his HQ out of the state. He also fired off a lawsuit for good measure.
Musk wasn’t too pleased with the county’s decision to extend the closure of non-essential businesses through the end of the month, arguing that the governor’s word (allowing a return of statewide manufacturing) held sway.
Late Tuesday, the county issued what it probably hopes is the final word on the matter.
QOTD: Do You Care for Over-the-air?
Connectivity is one of those special buzzwords used across most industries, whether it be for a virtual meeting app, a washing machine, or a car. All companies seem to think we need more of it. Today we want to know — are you a fan of cars that come equipped with over-the-air update connectivity?
Try and Stop Me: In Defiance of County Orders, Tesla Turns on the Lights
Furious over a decision by county officials to keep all non-essential businesses offline until the end of the month, Tesla CEO Elon Musk announced late Monday that his Fremont, California assembly plant is opening up anyway.
The move comes two days after the automaker filed a lawsuit against Alameda County. In it, Tesla called the county’s order unconstitutional and in violation of California Governor Gavin Newson’s statewide return-to-work mandate. Should county officials call in the cops, Musk wishes to be the only one in cuffs.
Tesla Sues County; Musk Promises to Pick up Toys, Go Home
California announced late last week that it will allow the cautious reopening of manufacturing operations across the state, but Alameda County resisted, claiming it will keep non-essential businesses shuttered until the end of the month.
Guess which county Tesla’s Fremont assembly plant is located in.
Now guess Tesla CEO Elon Musk’s reaction to the country’s announcement. If you speculated that Tesla might sue Alameda Country, with Musk launching an online tirade in which he promises to move Tesla HQ and all future products out of the state, you’d be right.
Tesla Roadster Delayed, Cybertruck Prioritized
Tesla CEO Elon Musk appeared on the Joe Rogan Podcast this week, mentioning that the resurrected Roadster stands to see less love as the company turns its focus to other projects. Rogan, who already owns a Model S P100D and is an avid car collector, said he was interested in picking up the new Roadster once it becomes available. To that, Musk had some bad news. Higher-volume cars would have to come first.
“Roadster is kind of like dessert,” he said. “We gotta get the meat and potatoes and greens and stuff.”
The rest of the interview saw the two men discuss Musk’s opposition to unconstitutional lockdown orders resulting from the coronavirus pandemic, as well as humanity’s growing need for symbiosis with technology in order to ensure we’re not left behind as artificial intelligence begins to surpass us — boring stuff that has nothing to do with cars.
EV Offensive Looking More and More Like a Decoy Attack
Mercedes-Benz is nixing its all-electric EQ hatchback, according to R&D boss Markus Schäfer. Instead, it’s going to play a GLA-sized EQA crossover as its next hand.
Speaking with Autocar, Schäfer basically said it was a question of market demand. The EQC has already been delayed until at least 2021 for U.S. customers, though we’ve heard talk that its suspension could prove indefinite as the brand reassesses what should — and shouldn’t — be included in its future lineup. “We have to watch customer demand and, at the moment, SUVs and crossovers are the absolute favorites. Those are our first priorities,” Mercedes’ R&D head explained.
It’s only the latest chapter in a complicated story about an industry that’s constantly having to rethink how it handles electric cars.
Elon Musk Selling Earthly Possessions, Gets Yelled at Online
Tesla CEO Elon Musk has had an interesting few days. It all kicked off when he went off on the politics behind coronavirus lockdowns — suggesting that state mandates had surpassed what should be deemed reasonable and that civil liberties were being infringed upon — during Wednesday’s earnings call. By week’s end, he was using social media to announce Tesla’s stock price was too high.
Despite it not being his first time making such a claim, and with the automaker turning a surprise first-quarter profit, the company’s share price still lost 10 percent in a single day. Musk then announced he would sell practically everything he owned. Initially, it seemed to be another partial joke taken completely literally by some followers and the media. But Musk began making good on the claim, listing two properties over the weekend.
One of Our CEOs Is Missing
Elon Musk — a polarizing figure, if there ever was one, in the world of cars — marked the end of what would normally have been a typical work week by tapping into the deepest reaches of his mind.
In compliance with his personal credo of treating us all like one of the family, the Tesla CEO made sure we were all privy to this stream of consciousness by pulling out his phone and opening up Twitter. And in doing so, as has happened before, his company’s stock suffered.
Coronavirus Could Be Good News for Musk and Co.
Tesla, if you haven’t heard, posted a first-quarter profit on Wednesday — a slim one, to be sure ($16 million), but black ink nonetheless. Compare that to the likes of much larger automakers like Ford. Of course, Tesla waited longer to shut down its sole American assembly plant, and it can chalk up its surprising financial buoyancy to hundreds of millions of dollars of emissions credits sold to rival automakers with far dirtier footprints.
While Q2 is widely expected to be a bad one for all involved, including Tesla, the electric automaker might see a silver lining from the coronavirus pandemic.
Tesla Update Adds Automatic Braking for Controlled Intersections, Results Vary
While we’ve often criticized Tesla Motors’ “Full Self Driving” (FSD) suite for being a $7,000 promise that failed to deliver, the automaker is making moves that might someday force us to eat our words.
Tesla is now releasing a new software update that includes the ability to automatically recognize and slow down for stop signs and traffic lights. CEO Elon Musk mentioned the development in Wednesday’s earnings call, referencing the system as “Traffic Light and Stop Sign Control” that builds on display options added months prior.
Elon Musk Is Dangerously Wrong About Coronavirus and 'Fascism'
I believe we’re all entitled to our opinions.
Except when those opinions are A) factually wrong and B) dangerous to public health.
Tesla CEO Elon Musk expressed an opinion this week that ran afoul of both A and B.
As Brand Goes Electric, Porsche R&D Head Says Tesla Not a Direct Rival
Now that Porsche has committed to Volkswagen Group’s plan for widespread electrification and manufactured its first purpose-built EV, many are starting to make comparisons with Tesla. Like it or not, Porsche’s Taycan is probably the closest competition the Tesla Model S has.
Porsche’s R&D boss, Michael Steiner, doesn’t like the comparison, saying any direct juxtapositions are apples to oranges — even if Tesla’s recent attempts to call out Porsche’s newest model seem contrary to this.
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