Entrepreneur Elon Musk has won a $50 million (roughly Rs. 324 crores) bet by beating a 100-day deadline for building a giant battery to help South Australia avoid energy blackouts, officials said. State Premier Jay Weatherill said testing of the massive lithium ion battery would begin within days, ahead of the December 1 deadline Musk set for himself when he signed off …
This July, Tesla will celebrate its 14th anniversary. In that relatively short time, its Model S luxury car, which we award four stars, has helped to give established manufacturers the proverbial kick up the backside to get more electric cars onto British roads Tesla is continuing to blaze a trail here with its new Model X, the first electric SUV …
Tesla has “pushed the envelope” on safety, former business partner Mobileye has said. Its zeal to extend its Autopilot system had led Mobileye to stop working with Tesla, said the chairman of the computer vision company. Autopilot has been under scrutiny since a fatal crash in May caused by the technology missing a lorry. Responding to Mobileye, Tesla said Autopilot …
US authorities are investigating the first loss of life potentially caused by self-driving generation. The driving force of a Tesla car died in Florida in Might also after colliding with a lorry. Beneath scrutiny is Tesla’s Autopilot characteristic, which mechanically modifications lanes and reacts to traffic. In a announcement, Tesla stated it regarded the Model S car changed into not …
Tesla Motors CEO Elon Musk said Friday that “pre-orders” for the Model 3 electric car had hit 198,000, an encouraging sign a day after the novel vehicle aimed at a mass market was unveiled here to an enthusiastic crowd. The Model 3 drove onto a stage through a curtain of fog at a lavish ceremony in a converted hangar adjoining the SpaceX factory in this …
Tesla Motors forecast deliveries of Model S sedans and Model X SUVs that topped analysts’ estimates and said it expects to turn in a profit in 2016, sending its shares higher in after-hours trading Wednesday despite posting a much worse-than-expected quarterly loss. The electric automaker reported a fourth-quarter adjusted loss of 87 cents per share on $1.75 billion in sales. …
Tesla’s entry-level $35,000 Model 3 electric car will be available for pre-order on March 31, chief executive Elon Musk announced Thursday on Twitter. The tweets by the billionaire followed a note in the company’s earnings release on Wednesday that the Model 3 is on schedule for deliveries in late 2017. Tesla plans to begin installing production machinery this year. In …
Tesla Motors Inc. expects to start selling its Model X sport utility vehicle in China in the first half of next year after first introducing it in the U.S. this quarter. The electric-car manufacturer is also opening five to six new showrooms by the end of this year, bringing the total number in China to about 15, Gary Tao, a …