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NAS:TSLA, Mar 19, 08:50 UTC

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Thursday, January 10


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Elon Musk: A future version of Tesla Roadster will fly thanks to SpaceX technology

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Elon Musk: A future version of Tesla Roadster will fly thanks to SpaceX technology. To-do list, if you are Elon Musk : Replace petroleum-powered cars with electric Teslas. Connect the human brain to computers via Neuralink. And now there's another to-do: Build flying Roadsters with rocket technology. So says the billionaire tech CEO via Twitter. An email sent to both Tesla and SpaceX seeking comment was not returned by the time this story was published. But this is not the first time Musk has talked about flying Teslas.

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Elon Musk’s Latest Lineup Changes Make Tesla More Upscale

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By stopping sales of some lower-end models, Tesla is widening the price gap between its more-affordable Model 3 sedans and its other cars.

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Elon Musk's warm reception in China is a wake-up call to Tesla's skeptics

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A couple of days after holding the groundbreaking ceremony of Gigafactory 3 in Shanghai, Elon Musk met with Chinese Premier Li Keqiang in Beijing. Li, widely regarded as China’s #2 after President Xi Jinping, spoke candidly with Musk, discussing his optimism about Gigafactory 3 and the innovations that Tesla can bring to the table by producing its electric cars in the Asian economic superpower. During his talk with the Chinese Premier, Musk openly noted that the country’s speed of development and efficiency are impressive. As pointed out in a China Government Network report, Musk said that “Tesla will strive to build the Shanghai factory into the world’s most advanced factories.” When asked by Li what Musk meant by “most advanced,” the CEO noted that the description would be true for both Gigafactory 3 itself and the vehicles that it would manufacture. In a statement to Xinhua News, Cui Dongshu, secretary general of the China Passenger Car Association described Elon Musk and the Gigafactory 3’s effect on the Chinese EV industry.

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Tesla is axing its cheapest Model S and Model X EVs

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The news was broken by Tesla CEO Elon Musk, who revealed that would-be buyers of the soon to be discontinued cars now only have a few days to complete their orders. They’re the versions of Tesla’s Model S sedan and Model X SUV with the 75 kWh battery. After that point, the configurator will be updated to reflect the amended range. While it may come as a surprise to would-be owners, the decision arguably makes good business sense for Tesla. Indeed, it has previously opted to remove certain options for both cars, such as paint finishes and trims, in the name of reducing complexity on the production line. However it also opens up more space for the Tesla Model 3 to expand. While the most affordable version of that car is still yet to appear, its line-up currently spans from the $44,000 Model 3 mid-range with rear-wheel drive, through to the $62,000 Model 3 Performance with dual-motor all-wheel drive.

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Auto Stock Roundup: Tesla Breaks Ground for Gigafactory in China, F & TM Issue Recall

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Favorable economic conditions, along with growing consumers’ appetite for spacious vehicles, aided the industry to record annual new-vehicle sales of 17.27 million in 2018, marking a yearly increase of 0.3%.Buyers continued to splurge on sports utility vehicles, crossovers and pickup trucks while passenger car sales waned, similar to 2017. In early 2018, the second-largest automaker Ford made the announcement of partnering with Domino's Pizza and delivery service ‘Postmates’ in Miami.Starting a delivery service is a major opportunity for Cruise as the company looks for commercialization of the autonomous vehicle technology and to redefine transportation. The company, which intends to begin production in 2019, is likely to manufacture around 250,000 vehicles annually in the initial stage, including the Model 3 and Model Y.A production base in China is important for Tesla, which is fighting the odds of possible waning demand in the United States, particularly after the reduction of tax credits for EVs. The frontal airbag inflator or module will be replaced by the dealers without any extra cost.Additionally, Ford issued a recall for 87 2019 Ford Ecosport vehicles, per a report by Detroit Free Press.

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Tesla feature that gets car to follow you like a pet will 'probably' be available soon, Musk says

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A Tesla feature that gets your car to follow you around like a pet and auto-park is undergoing regulatory approval and will "probably" be available for some customers soon, CEO Elon Musk said on Twitter on Thursday. "Going through final validation & regulatory approval," Musk said of Summon+, a planned upgrade to Tesla's Summon auto-parking feature. "Probably releases to early access program owners in a few weeks. It's trippy!" However, the auto executive added the caveat that the firm might not be able to roll out Summon+ in all of the markets it operates in, saying it was "getting some regulatory pushback." Musk said back in November that cars operating with Summon+ will be able to "drive to your phone location & follow you like a pet," and that users will be able to control their car remotely "like a big RC car."

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Exclusive: GM's Cadillac will introduce EV in fight against Tesla - sources

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WASHINGTON (Reuters) - Cadillac is expected to become General Motors Co's (GM.N) lead electric vehicle brand as the largest U.S. automaker gears up to introduce a new model under that luxury marquee to challenge Tesla Inc (TSLA.O), two people briefed on the matter said Thursday. GM is not expected to disclose on Friday additional details, including precisely when the Cadillac EV will be built, whether it will be a crossover or sedan, or where it will be assembled, the sources said. GM announced last year it was ending production of the plug-in Volt as well as a low-selling plug-in Cadillac CT6, even as it moved to boost EV spending. GM said in 2017 that a new electric vehicle platform in 2021 will serve as a base for at least nine derivatives, ranging from a compact crossover to a large seven-passenger luxury sports utility vehicle and a large commercial van.

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elon musk: China offers Elon Musk permanent residency, Energy News, ET EnergyWorld

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BEIJING: Tesla boss Elon Musk has been offered a "green card", China said Thursday, a privilege enjoyed by an elite group of foreigners, including several Nobel laureates and a former NBA star. Musk was in China for the ground-breaking of Tesla's first overseas factory, which will allow it to sell vehicles directly in the world's largest market for electric vehicles. The high-profile entrepreneur met with Premier Li Keqiang on Wednesday in Beijing, where they discussed Tesla's China ambitions, said the State Council -- the country's cabinet. Li replied: "If this is what you truly have in mind, we can give you a 'Chinese green card'."

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Tesla will stop offering cheapest Model S and X cars, tweets CEO Musk

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Tesla Inc. will soon stop selling its cheapest Model S and X vehicles, according to a tweet sent late Wednesday by Chief Executive Officer Elon Musk. "Starting on Monday, Tesla will no longer be taking orders for the 75 kWh version of the Model S & X. If you'd like that version, please order by Sunday night..." said Musk. That means that as of next week, buyers will have to move up to a 100 kWh battery at a cost of $96,000, versus the $76,000 75 kWh model. For the X, the cheapest car will cost $97,000 with a 100 kWh battery, versus the $82,000 75 kWh version. Responding to comments on Twitter, Musk said the Model S and X autos are "def not" being phased out over the next two years.

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Elon Musk tweets: Tesla to stop selling lowest-priced versions of Model S and X vehicles on Monday

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Tesla will stop selling the lowest-priced versions of its Model S sedans and Model X SUVs from Monday, the automaker's CEO Elon Musk wrote in a tweet late on Wednesday. The Model S and X are Tesla's second and third major lines of electric vehicles, and are higher-priced lines compared to its newest Model 3. The 75 kWh version of the Model S and X that are being retired come with a battery that garners a range of 259 miles for the Model S, and a 237 miles for the Model X. Higher-end versions of the S and X, equipped with a 100 kWh battery, will still be made and sold by Tesla, but at a higher price. Reducing the number of variations of Model S and X vehicles that Tesla has to make may help the company control costs, or reallocate materials and labor to other initiatives, such as Model 3 production at its packed car plant in Fremont, California or spare parts production in nearby Lathrop.

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