What is Tesla's full self-driving and why its rollout in China matters
“It’s really important that driver monitoring systems take into account that humans tend to over-trust technology,” Acting NHTSA Administrator Ann Carlson told Reuters earlier this year. Tesla said it will deploy an over-the-air software update that will “incorporate additional controls and alerts already in place on affected vehicles to encourage drivers to follow their continued […]
Huawei’s new phone shows China’s chip breakthrough
According to estimates by S&P Global Mobility, the annual production of light electric vehicles in India is expected to increase to 1.4 million by 2030, accounting for close to 19 percent of the total projected production of 7.25 million. In 2022 it was less than 50,000. India’s emerging EV market is dominated by local player […]
Tesla employees “broadcast recordings of Tesla customers in private and embarrassing situations without their consent,” courtesy of sophisticated camera systems built into the cars, a court filing found. Examples listed in the suit include a naked man walking toward a Tesla and incidents of road-rage. Court filings say a video purportedly showing Tesla hitting a […]
Elon Musk isn’t giving up on California entirely, saying Wednesday that Tesla Inc. will make the state its global engineering home, even though the electric vehicle maker’s corporate headquarters are now in Texas. Musk announced the news on Wednesday, along with the state’s governor Gavin Newsom, and later the Tesla CEO told CNBC that putting […]
Each unit of the Porsche Taycan costs US$55,000 to US$70,000 to import, with import duties amounting to US$13.6 million to US$16.2 million. The import of a Mercedes-Benz electric car costs approximately 15 million taka. However, these cars sell for a lot more than their import cost. In most cases, the dealers do not want to […]
He added that the US securities anti-fraud law “has always been considered a great defense against misrepresentations and lies.” “This result makes you wonder whether it’s up to the job in modern markets,” he said, adding that Musk was likely to “double down” on his communications strategy after the verdict. Musk’s attention has been split […]
shifting ground Global automakers experience periods of feast and famine that fall on cycles of approximately seven to ten years. What is happening now is different. The shock of the pandemic, two years of supply-chain chaos and possibly a recession this year are hitting the industry with a once-in-a-century shift in fundamental technology. As combustion […]
Detroit? No. Germany? No. Elon Musk sees the toughest competition for Tesla in China, the company he expects is “most likely to be second” in electric vehicles. China is Tesla Inc’s second largest market – accounting for nearly two-thirds of all electric vehicle sales globally in 2022 – and home to Tesla’s largest plant. It […]
Detroit? No. Germany? No. Elon Musk sees the toughest competition for Tesla in China, the company he expects is “likely to be second” in electric vehicles. China is Tesla Inc’s TSLA.O second largest market – accounting for nearly two-thirds of all electric vehicle sales globally in 2022 – and home to Tesla’s largest plant. It […]
Elon Musk testified on Monday that he was sure he had backing from Saudi financiers to take Tesla Inc private in 2018, as he defended against claims he made about his electric car company later that year. Cheated investors by tweeting. In a lawsuit in San Francisco federal court, Musk told investors attorney Nicolas Porritt […]
Shareholder attorney Nicolas Porritt told the jury in his opening statements on Wednesday that Musk lied when he sent the tweets, which cost investors such as lead plaintiff Glenn Littleton. Musk’s attorney, Alex Spiro, said in his opening statement that Musk believed he had financing from Saudi backers and was taking steps to close the […]
To create the video, Tesla used 3D mapping on a predetermined route from a home in Menlo Park, California, to Tesla’s then-headquarters in Palo Alto. The drivers intervened to take control in the test run, he said. He said that when trying to demonstrate that the Model X could park itself without a driver, a […]
new sales lead This is the first major move by Tesla since appointing Tom Zhu, its chief executive for China and Asia, to oversee US output and sales. Tesla last week cut prices in China and other Asian markets. The price in China for the Model 3 or Model Y was down 13% to 24% […]