We're here at the Tesla Design Studio in Los Angeles, where Elon Musk just unveiled his startup's third vehicle: an SUV it calls the Model X. It's party piece is a pair of double-hinged "Falcon Wing" rear doors which apparently make loading people and things easier, as you reach into the car not over it.
The last time shares closed below $200 was in May.Tesla has been getting hammered. It hit a trading peak of $291 on Sept. 4. If its slide continues, the stock will have shed about 47% since peaking.Tesla's stock fell below $200 per share in trading on Tuesday. The stock recovered and is back at $202, down only marginally from where it opened. Shares dropped as low at $195, in morning trading.
Tesla and BMW continue to have discussions around potential collaborations on batteries, charging stations, and lightweight car components, Elon Musk has confirmed, though the EV firm maintains the talks are still "casual" at this stage.
Indeed, Tim Cook is regarded as a supply chain genius. This is where Apple has innovated since Steve Jobs stepped down as CEO and Cook stepped up. If you look at the numbers, Cook's innovation has enabled Apple to create ridiculous profit margins, for its industry.My colleague Jay Yarow thinks that Apple should buy Tesla . He makes a brilliant case; you can read the whole thing here .
Tesla is working on a robotic charging system which will automatically plug in its electric cars like the Model S, described by CEO Elon Musk as "a solid metal snake." The intelligent charger would presumably be positioned as a way to bypass one of the lingering frustrations around EVs, namely that drivers have to remember to plug them in.
threatened to fire a senior member of the Tesla team if he didn't get him more press.also started investing, most notably leading the 2004 Series A round for electric car company Tesla Motors, founded by Martin Eberhard and Marc Tarpenning.Musk came on as chairman of the board.That July, it came out of hiding.
The Nissan Leaf might have been shoved out of the spotlight by Tesla's Model S electric vehicle, but it could very well hog all the attention again when and if Renault-Nissan makes the formal announcement of the new battery indicated by insider sources.
While news on Tesla has been dominated by their new Powerwall home battery system this last week, the company made a small change to its primary business of automobiles. If you find yourself in the market for one of Tesla's flagship electric cars, you will now find the option to purchase a used model when shopping on their website.
Tesla 's appetite for new blood as it develops the Model S and new electric cars has a taste for fresh fruit, with CEO Elon Musk admitting that Apple staff are hire of choice. Musk's car company has turned to Apple employees or ex-employees more than those from any other firm as it builds its teams, in fact, more so in fact than from the traditional car makers.
was getting to be a big deal in the auto industry.In August 2007, Martin Eberhard was in Los Angeles to give a talk at a luncheon put on by theMotor Press Guild, the trade group for publications that cover cars.
Tesla CEO Elon Musk held a press conference on Thursday to announce software updates to the Model S sedan and to tease some advanced self-driving features that will soon be available in Tesla vehicles. Not surprisingly, he also stressed that Tesla is as much a technology company as it is a car company.
It's worth saying that making one of something is quite easy," Musk added. "Making lots of something consistently that's going to last a long time is extremely hard. In fact, it is way harder to make the machine that makes the machine that it is to make the machine in the first place."And now, it seems, Musk may be preparing to try and make something else.
Theself-driving futureis almost here -- if you've got one of Tesla's Model S cars. Tesla CEO Elon Musk just announced that it'll be bringing its new automatic steering mode, simply dubbed "autopilot," to the Model S lineup in three to four months via a software update. Musk says you'll basically be able to "go between San Francisco and Seattle without the driver doing anything.
Of all the James Bond movies that have been made, my favorite has always been the Roger Moore flick where his Lotus Esprit turns into a submarine. Apparently, Tesla's Elon musk liked that flick too. Back in 2013, he purchased the prop submarine used in the film and at the time word was that he planned to update the sub with some Tesla innards.
Elon Musk is telling the media what he meant when he tweeted earlier this week about ending "range anxiety." There are two key software updates. The first is a "range assurance" application, which according to Musk will make it impossible to run out of range with the Model S sedan unless "you do so intentionally.
One of the constant (if minor) hassles of electric car ownership is having to plug in whenever you get home. Wouldn't it be nice if the charger could do that for you? That may just happen. Tesla's Elon Musk hasrevealedthat his company is working on a charger that automatically extends from the wall and attaches to your vehicle like a "solid metal snake.
However, according to the company, "[T]oday’s announcement represents the first time that Toyota has made its patents available free of charge and reflects the company’s aggressive support for developing a hydrogen-based society."Toyota partnered with Tesla on electric-car technology development and until recently owned a stake in Musk's firm.
Formula 1 spin-off race for battery-powered cars capable of going from zero to 60 mph in three seconds.Google continues to work on its self-driving cars, Uber may have similar ambitions, and Apple is reportedly working on its own vehicle.Billionaire Virgin founder Richard Branson hinted to Bloomberg that the company could take on Tesla in the electric car businesses.