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 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.
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.
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.
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.
Tesla CEO Elon Musk is making good onhis promiseto "end range anxiety" for Model S owners today with an over-the-air software update that packs in two new features: Smart trip planning that plots routes along its charger network, and alerts for when you're getting out of charger range. The trip planning feature is even intelligent enough to know if a charging station is full or out of service.
In today's edition of the Daily Roundup, find out why a certain song is used in so many GoPro videos, learn about Tesla's new "autopilot mode" and get the scoop on Stanford scientists modifying leukemia to eat itself. Get the details on these stories and more past the break.Why is this song used in so many GoPro videos?February 23rd, 2012.
Luxury auto maker Mercedes-Benz has just announced that it will be greatly expanding its lineup of plug-in hybrid models by launching 10 new vehicles between now and 2017. As of now only two models are confirmed for sale in the U.S., but with an aggressive worldwide release of 10 hybrids, it means Mercedes will average a new model every four months.