Former Ford CEO Mark Fields hammered Tesla’s Autopilot probe from the NHTSA earlier today on an episode of CNBC’s Squawk Box, stating that over half of the cars the automaker has ever built are involved in the investigation. Earlier this week, it was announced the NHTSA was launching a probe into the Autopilot system Tesla has equipped…
Long-time Tesla skeptic Michael Burry, who is known as “The Big Short,” has extended his short position to Cathie Wood’s ARK Invest Innovation ETF. The fund holds over $112 billion in investments, with Tesla stock making up 10.43% of the fund. Burry is a longtime investor who previously predicted the 2007 housing crisis collapse. Burry…
Tesla’s Gigafactory Shanghai is now the company’s primary export hub, which means that for the near future, at least, the expansive facility would be producing cars for both the local market and foreign territories. To accomplish this goal, Tesla China would have to ensure that it gets access to a reliable supply chain that would…
The U.S. has opened a formal investigation into Tesla’s Autopilot system, Yahoo! Finance and others reported have reported. The article stated that the investigation was opened after almost 12 collisions involving first-responder vehicles at crash scenes. The probe, which is being conducted by the National Highway Traffic Safety Administration (NHTSA), will cover around 765,000 Tesla vehicles from…
More IDRA Giga Press boxes arrived at Tesla’s Giga Texas site. The packages reportedly contain parts for IDRA’s 6,000 ton Giga Press for Model Y production. The IDRA boxes that just arrived contain Giga Texas’s third 6k-ton Giga Press for Model Y production. According to a recent video of the Tesla Texas factory, the casting…
Tesla China seems to be ramping its communication efforts, taking a somewhat opposite approach compared to Tesla’s operations in the United States. A photo of Tesla’s hiring campaign lists that Tesla China is beefing up its PR and legal affairs team. The list of positions includes slots on the foreign affairs team, human resources, and…
How does Elon Musk achieve such game-changing breakthroughs in electric cars and rockets … at the same time? Running Tesla and SpaceX is quite a feat. Doing so while also being an industry leader (in both) is another thing altogether. Musk calls himself an engineer at heart. It raises the question: is there some kind…
The United States’ EV segment is growing this year, thanks in no small part to an all-electric crossover from the country’s premier electric car maker. As per data shared by Experian, electric vehicle registrations more than doubled in the first half of 2021, with 214,111 new EVs being registered across the US from January to June. …
The United States government has announced that it is formally opening an investigation into Tesla Autopilot, stating that the driver-assist system has issues spotting parked emergency vehicles. The National Highway Traffic Safety Administration (NHTSA) posted the probe’s announcement on Monday. The investigation would be covering 765,000 vehicles from the start of the 2014 to the 2021 model…
Tesla released FSD Beta 9.2 over the weekend, and while the update’s official Release Notes were identical to FSD Beta 9.2, there were a lot of improvements that were rolled out by the company under the hood. These improvements were so notable that Elon Musk stated on Twitter that 9.2’s release had to be moved…