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Tesla lookin sick VOL. potentially insolvent soon
Thats My Word
formerly derrty6232
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only thing better
is a hemi with a supercharger
those hellcats with extra sauce (aka baby demons) sound intriguing AF.
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Tesla hits parked Calif. police vehicle; driver blames Autopilot
May 29, 2018 @ 9:36 pmComments Email
David Shepardson
ReutersFacebook0TwitterLinkedIn0Google+0
Autonomous Vehicle Tesla
WASHINGTON -- The driver of a Tesla Inc. Model S crashed into an unoccupied, parked police vehicle in Laguna Beach, Calif., on Tuesday and the driver told investigators the Tesla was in "Autopilot" mode at the time, police said.
The driver suffered minor injuries, Laguna Beach Sergeant Jim Cota said, who posted photos of the crash scene showing extensive damage to the front end of the Tesla and the rear side of the police vehicle.
Autopilot is a semi-autonomous technology that the company says is a form of advanced cruise control.
"Tesla has always been clear that Autopilot doesn’t make the car impervious to all accidents," the company said in a statement after the accident and could not immediately confirm the driver's report that the vehicle was in Autopilot mode.
Several crashes and fire incidents involving Tesla vehicles this year has been a near constant challenge for CEO Elon Musk, who boasts that the company's vehicles are among the safest in the industry.
Earlier this month, the National Highway Traffic Safety Administration said it was sending a team to investigate the crash of a Tesla vehicle in South Jordan, Utah. The driver was traveling at 60 miles (97 km) per hour when the Model S smashed into a fire truck stopped at a red light, according to police.
Police in Utah said data from Tesla showed that the driver enabled Autopilot about 1 minute and 22 seconds before the crash. The report said she took her hands off the steering wheel “within two seconds” of engaging the system and then did not touch the steering wheel for the next 80 seconds, until the crash happened.
http://www.autonews.com/article/201...e-driver-blames-autopilot?X-IgnoreUserAgent=1
May 29, 2018 @ 9:36 pmComments Email
David Shepardson
ReutersFacebook0TwitterLinkedIn0Google+0
Autonomous Vehicle Tesla
WASHINGTON -- The driver of a Tesla Inc. Model S crashed into an unoccupied, parked police vehicle in Laguna Beach, Calif., on Tuesday and the driver told investigators the Tesla was in "Autopilot" mode at the time, police said.
The driver suffered minor injuries, Laguna Beach Sergeant Jim Cota said, who posted photos of the crash scene showing extensive damage to the front end of the Tesla and the rear side of the police vehicle.
Autopilot is a semi-autonomous technology that the company says is a form of advanced cruise control.
"Tesla has always been clear that Autopilot doesn’t make the car impervious to all accidents," the company said in a statement after the accident and could not immediately confirm the driver's report that the vehicle was in Autopilot mode.
Several crashes and fire incidents involving Tesla vehicles this year has been a near constant challenge for CEO Elon Musk, who boasts that the company's vehicles are among the safest in the industry.
Earlier this month, the National Highway Traffic Safety Administration said it was sending a team to investigate the crash of a Tesla vehicle in South Jordan, Utah. The driver was traveling at 60 miles (97 km) per hour when the Model S smashed into a fire truck stopped at a red light, according to police.
Police in Utah said data from Tesla showed that the driver enabled Autopilot about 1 minute and 22 seconds before the crash. The report said she took her hands off the steering wheel “within two seconds” of engaging the system and then did not touch the steering wheel for the next 80 seconds, until the crash happened.
http://www.autonews.com/article/201...e-driver-blames-autopilot?X-IgnoreUserAgent=1
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Da Hemi > Hemi
Thats My Word
formerly derrty6232
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https://www.usatoday.com/story/mone...model-3-consumer-reports-elon-musk/655865002/
After remote software update, consumer reports now recommends Tesla model 3. Evolution
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Elon Musk emailed all of Tesla about attempted ‘sabotage’ by an employee
11
And a ‘strange’ fire
By Jacob Kastrenakes@jake_k Jun 18, 2018, 7:29pm EDTSHARE
Photo by Joshua Lott/Getty Images
Tesla CEO Elon Musk emailed his entire company just before midnight last night saying that an employee had been caught conducting “damaging sabotage to our operations,” according to CNBC, which obtained the email. The employee was allegedly found to have made “direct code changes” to Tesla’s manufacturing system and sent “large amounts of highly sensitive” data to third parties.
The employee has already been questioned by Tesla, and Musk says it’s continuing to investigate whether the employee was working with others. In his email, Musk questioned whether “Wall Street short-sellers,” “oil & gas companies,” or “the multitude of big gas/diesel car company competitors” may have been involved. “If they’re willing to cheat so much about emissions, maybe they’re willing to cheat in other ways?” he wrote.
according to CNBC, to alert them to “another strange incident”: a “small fire” on a production line. There were no injuries, but it stopped production for several hours, according to the email. “Could just be a random event, but as [former Intel CEO] Andy Grove said, ‘Only the paranoid survive,’” the email reads. “Please be on the alert for anything that’s not in the best interests of our company.” CNBC previously reported that the factory’s paint shop has seen at least four fires in the past four years.
Tesla is under a lot of pressure right now to ramp up production on the Model 3, which launched last summer. The company was supposed to be making 5,000 per week by the end of 2017, but missed that goal by a large margin. It then missed another target, 2,500 per week, in April. Tesla was making 3,500 per week as of June 5th and said it expected to hit 5,000 by the end of the month. Until Tesla hits that point, the company has said it will lose money on every car it makes.
Last week, Tesla announced a “restructuring” that led to more than 3,000 layoffs, or about nine percent of the company. Factory employees weren’t impacted, though hundreds were let golast year, supposedly for performance reasons.
In his Sunday night email, Musk asked employees to remain “extremely vigilant” over the next few weeks as production ramps up on the Model 3. “This is when outside forces have the strongest motivation to stop us,” he wrote.
11
And a ‘strange’ fire
By Jacob Kastrenakes@jake_k Jun 18, 2018, 7:29pm EDTSHARE
Tesla CEO Elon Musk emailed his entire company just before midnight last night saying that an employee had been caught conducting “damaging sabotage to our operations,” according to CNBC, which obtained the email. The employee was allegedly found to have made “direct code changes” to Tesla’s manufacturing system and sent “large amounts of highly sensitive” data to third parties.
The employee has already been questioned by Tesla, and Musk says it’s continuing to investigate whether the employee was working with others. In his email, Musk questioned whether “Wall Street short-sellers,” “oil & gas companies,” or “the multitude of big gas/diesel car company competitors” may have been involved. “If they’re willing to cheat so much about emissions, maybe they’re willing to cheat in other ways?” he wrote.
according to CNBC, to alert them to “another strange incident”: a “small fire” on a production line. There were no injuries, but it stopped production for several hours, according to the email. “Could just be a random event, but as [former Intel CEO] Andy Grove said, ‘Only the paranoid survive,’” the email reads. “Please be on the alert for anything that’s not in the best interests of our company.” CNBC previously reported that the factory’s paint shop has seen at least four fires in the past four years.
Tesla is under a lot of pressure right now to ramp up production on the Model 3, which launched last summer. The company was supposed to be making 5,000 per week by the end of 2017, but missed that goal by a large margin. It then missed another target, 2,500 per week, in April. Tesla was making 3,500 per week as of June 5th and said it expected to hit 5,000 by the end of the month. Until Tesla hits that point, the company has said it will lose money on every car it makes.
Last week, Tesla announced a “restructuring” that led to more than 3,000 layoffs, or about nine percent of the company. Factory employees weren’t impacted, though hundreds were let golast year, supposedly for performance reasons.
In his Sunday night email, Musk asked employees to remain “extremely vigilant” over the next few weeks as production ramps up on the Model 3. “This is when outside forces have the strongest motivation to stop us,” he wrote.
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1 in 4 Tesla Model 3 orders has been canceled, analyst says
by Jordan Valinsky @CNNMoneyJuly 19, 2018: 12:19 PM ET
Analysis: Why it's time for Tesla to grow up
expiration of a $7,500 tax credit, and the fact that Tesla has not yet made the $35,000 base model of the car available for purchase yet.
About one in every four Model 3 orders is canceled -- double the rate from a year ago, Gill said. Customers have to put down a refundable $1,000 deposit to reserve a Model 3, then pay another $2,500 to choose their specific version. They pay the rest when the car is delivered.
The wait time for a Model 3 is about 4 months to a year, and base model customers could wait until 2020, Gill said.
A Tesla spokesperson denied that Model 3 cancellations exceed new orders. The spokesperson also said the wait times that Gill cites are outdated. Tesla's website currently lists wait times at 6 months to 9 months.
Related: Tesla's Model 3 isn't really for the mass market. It's a luxury car
Gill called sales of the Model S and Model X "lackluster," especially with the growing amount of competition from luxury manufacturers.
He doubts Tesla will reach its target of 100,000 Model 3 deliveries by the end of the year -- to accomplish that goal would require it would have to ship 27% more cars in the second half of the year than it did in the first half. Gill said that he's also "skeptical of demand" for the sedan.
In another warning, the analyst said Tesla's capital structure is also "unsustainable," as free cash flow continues to evaporate. Gill expects Tesla to burn through $6 billion by 2020. He wrote that the Tesla stock is "still overvalued" despite falling 16% from its June 2017 peak.
He downgraded Tesla (TSLA) stock to "underperform" -- essentially a sell rating.
Tesla has been struggling with the Model 3 for several months. Separately, investors aren't thrilled with founder Elon Musk's antics on Twitter.
Tesla's stock fell nearly 3% Thursday.
by Jordan Valinsky @CNNMoneyJuly 19, 2018: 12:19 PM ET
Analysis: Why it's time for Tesla to grow up
expiration of a $7,500 tax credit, and the fact that Tesla has not yet made the $35,000 base model of the car available for purchase yet.
About one in every four Model 3 orders is canceled -- double the rate from a year ago, Gill said. Customers have to put down a refundable $1,000 deposit to reserve a Model 3, then pay another $2,500 to choose their specific version. They pay the rest when the car is delivered.
The wait time for a Model 3 is about 4 months to a year, and base model customers could wait until 2020, Gill said.
A Tesla spokesperson denied that Model 3 cancellations exceed new orders. The spokesperson also said the wait times that Gill cites are outdated. Tesla's website currently lists wait times at 6 months to 9 months.
Related: Tesla's Model 3 isn't really for the mass market. It's a luxury car
Gill called sales of the Model S and Model X "lackluster," especially with the growing amount of competition from luxury manufacturers.
He doubts Tesla will reach its target of 100,000 Model 3 deliveries by the end of the year -- to accomplish that goal would require it would have to ship 27% more cars in the second half of the year than it did in the first half. Gill said that he's also "skeptical of demand" for the sedan.
In another warning, the analyst said Tesla's capital structure is also "unsustainable," as free cash flow continues to evaporate. Gill expects Tesla to burn through $6 billion by 2020. He wrote that the Tesla stock is "still overvalued" despite falling 16% from its June 2017 peak.
He downgraded Tesla (TSLA) stock to "underperform" -- essentially a sell rating.
Tesla has been struggling with the Model 3 for several months. Separately, investors aren't thrilled with founder Elon Musk's antics on Twitter.
Tesla's stock fell nearly 3% Thursday.
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The L series says you out yo got damn mind.
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damn i hope they dont end up like fisker
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With all the bull crap that's going down at Tesla, I think I'm gonna get a bmw instead.
By 2020 for someone to get a car is terrible, by then the car isn't severely outdated once you get it delivered.
By 2020 for someone to get a car is terrible, by then the car isn't severely outdated once you get it delivered.
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1000's Teslas hidden in a field...
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Any reason why they are hidden?
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Supply manipulation.
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Smh. Looks like Going with a bmw instead.
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Agreed with
Brownstone
..."supply manipulation." Most, if not all Car co's are doing it. VW, Hyundai/Kia, GM hide their excess inventory of new and or off lease cars in the desert.This is why many Car co's are launching "car subscription" programs and apps....BMW, Mercedes (AW18 ), Cadillac, Volvo, Porsche, Ford, Lincoln, Hyundai/Kia (AW19)....even CarMax.
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It's also why you can lease a used car now adays fairly easy. If you're making 30k a year you can "afford" a luxury car.
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Can you expound on this statement. I am quite intrigued.
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I think Mark Zuckerberg knows he's bad at the public facing CEO stuff,
and he's hired an army of people to help him seem more like an actual human instead of a some sort of malformed, cave dwelling, homunculus creature. (the results are mixed)
Elon thinks he's GREAT at it, when in reality he's only good at lifting investor confidence to unreasonable levels and then watching it slowly erode as he fails to deliver on promise after promise.
and he's hired an army of people to help him seem more like an actual human instead of a some sort of malformed, cave dwelling, homunculus creature. (the results are mixed)
Elon thinks he's GREAT at it, when in reality he's only good at lifting investor confidence to unreasonable levels and then watching it slowly erode as he fails to deliver on promise after promise.
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they bout to in a hurry...once that tax credit expires? sayonara.
