Navigant Research placed Ford and GM at the top of its autonomous driving leaderboard, surprisingly far above Waymo (7th), the pioneer of autonomous driving.
After testing the resistance for the second time, Tesla’s shares retreated to a low of $151 in Feb 2016. The first count on the breakout of the channel, which broke in January at $230, can see Tesla’s shares trade at around $320 in the near future.
The large Chinese Internet company, with holdings in various electric vehicle companies, have acquired a significant stake in Tesla. The acquisition was made by accumulating stock over time.
One of the few company’s being called a Tesla killer with a shot at it (however distant), the San Francisco-based Lucid Motors, today announced the pricing for its base model.
For an individual to reach the top 50 position on the Forbes list from vehicle manufacturing was only possible if your parents left you a trust fund with a bunch of 100-year-old stock in a big brand.
According to the regulations, each permit holder must annually file a disengagement report, reflecting the number of events where a driver essentially has to take over from the vehicle’s autonomous mode to either prevent a traffic incident or where the system fails.
The Chinese Government has called for comments on a proposal to invite foreign automakers to manufacture in the country.
Tesla voted the consumers darling in the Consumer Reports Annual Owner Satisfaction Survey with 91% Tesla owners responded with a “Definitely yes” when asked if they will buy the brand again.
Ever the one for grabbing the headlines, Elon Musk recently announced that Tesla is working on an electric truck and an electric bus. While you could argue that the technology used in the electric cars of today can be readily transferred to electric trucks and electric buses, is there an argument for suggesting that Tesla should just stick to electric cars for now? Is the introduction of new products going to put pressure on the company’s cash flow and quality of products? Planning for the future There is nothing wrong in planning for the future and there is no doubt
This week saw final quarter figures from electric car giant Tesla with a tripling of full year losses to a staggering $889 million. Despite the fact that fourth-quarter figures were worse than expected shares in the company rose by 6% as ever confident entrepreneurs Elon Musk mapped out his plans for the future. However, while investors still seem to be enjoying a love affair with Tesla there are concerns that the company will need additional funding sooner rather than later. Revenues increase When you consider that annual revenues at Tesla increased by 27% to just over $4 billion this does
The US automobile industry has in many ways been a law unto itself for decades now although young EV upstart Tesla Motors is determined to take on the might of the archaic US dealership system. While the original idea of dealership only automobile sales across the US was well-balanced, protecting consumers and independent dealerships from the might of the automobile giants, the Internet has changed the playing field. Many have tried and failed to overturn this ancient system but the outcome of a forthcoming Supreme Court battle in Utah could have significant ramifications for the future. US dealership sales Dealership
Many people believe that the electric car market in its most basic form has gone past the point of no return and will be a major element of the automobile mass market going forward. This forward-thinking, forward-looking and technologically advanced industry is now looking towards the next development which for many will be autonomous vehicles. So, what is the general feeling about autonomous vehicles? Would you trust a car where you had little or no input? Education, education, education One of the main problems regarding the concept of autonomous vehicles is the fact that the general public have little or
You may have noticed over the last few weeks that Tesla Motors has come in for a significant amount of criticism with regards to its autonomous driving system. A recent death obviously attracted the interest of the authorities, and while there were mitigating circumstances, it seems that some areas of the worldwide press are gunning for Tesla. Elon Musk has taken the electric car industry from not even a niche market to the mass market in less than a decade. However, is it fair for Tesla Motors to carry the whole electric car industry? Elon Musk has made enemies Elon