Market trends and business perspectives
The National Highway Transport and Safety Administration (NHTSA) recently launched investigations into Tesla’s 580,000 vehicles over its passenger game feature capabilities at the center of its dashboard.
However, the video game capabilities on Tesla vehicles are not a new feature. It has existed in all Tesla models released between 2017 to 2022, including models 3, S, X, and Y. [Read more…] about NHTSA Opens Investigation into Tesla Vehicles Over Game Feature
Arguably the world’s most visionary entrepreneur, Elon Musk, is rarely out of the news, whether it’s because of his super-duper Tesla electric cars or because of his achievements in aerospace, which include rockets and spacecraft built by his SpaceX company docking with and supplying the International Space Station.
In recent days, Musk has been in the news because of his reported comments about humanoid robots. According to Reuters and hundreds of other reputable news outlets, Musk believes humanoid robots will be an even bigger business than his Tesla car company, which at one stage was estimated to be the most valuable automaker in the world.
Musk unveiled his proposed humanoid robot – given the name “Tesla Bot” or “Optimus” for now – at a 3-hour stage presentation, which has been uploaded to YouTube. The machine is also mentioned on the Tesla company website. [Read more…] about Elon Musk and his Tesla Bot: Will humanoid robots take over the world like all of science fiction predicts?
Tesla has sold a few thousand vehicles in the past few years, which speaks to its popularity, but does it speak to its reliability?
That is a difficult question to answer. While they are designed to be long-lasting cars, warranties still could help with repairs that do crop up.
It helps if you know what is included in a factory warranty and how long you can expect coverage to last. You will also be better informed if you know your extended warranty options, too. [Read more…] about Do You Need a Warranty on Your Tesla?
While Uber and Lyft have been dominating the ridesharing industry and revolutionizing urban mobility, they’re likely to meet a new top competitor in Tesla.
The company has had its own ridesharing app in the works for some time. Uber and Lyft are at a disadvantage, as neither of them has made a profit.
Much of this has been attributed to how they’ve relied heavily on venture capital and IPO filings to stay afloat which has put them in a bind. [Read more…] about Tesla to launch ridesharing app, with Tesla’s Driver Insurance
Despite the automotive industry suffering through the challenges brought on by COVID-19, Tesla has defied the odds and continued to hire at a higher rate than average throughout the pandemic.
According to GlobalData’s Jobs Analytics database, hiring in the global automotive industry remained mostly flat, with job postings seeing decline in Q2 before showing signs of recovery in Q3 2020.
However, Tesla continued to hire in Q1 with only a slight decline in Q2. [Read more…] about Tesla defies odds and paces up hiring to maintain market leadership
To many, Tesla is a car company that manufactures electric cars or hybrid vehicles. While this is not wrong, the statement does not provide the full picture.
While they do manufacture cars, Tesla is actually an organization that is on a mission to “accelerate the world’s transition to sustainable energy.” Apparently, it sees the production of hybrid vehicles as a significant step in that direction.
Even with such a noble cause, like many other big companies, Tesla is not without controversy. Many of the issues hurled at the company are actually about their CEO Elon Musk who just happens to brush some partners the wrong way with his views. [Read more…] about Tesla: Is It Worth Your Money?
Electric car maker Tesla has acquired Perbix, a provider of industrial automation solutions, including robots.
Tesla has been working with engineering company Perbix for some time, and lately has faced increased pressure in its manufacturing process.
The company says it has faced manufacturing “bottlenecks” as it attempts to meet the high demand for its new Model 3 electric car. [Read more…] about Tesla buys Perbix industrial automation company
The new Model 3 saloon car from Tesla is way too popular for its own good and the company is struggling to cope with the number of orders it’s being asked to deliver.
Despite the “bottlenecks” in manufacturing, the electric carmaker says it is on course to sell 100,000 vehicles this year for the first time in its 14-year history.
And if things go to CEO Elon Musk’s forecasts, Tesla will be manufacturing 500,000 vehicles a year by the end of next year, according to Business Insider. [Read more…] about Tesla finding manufacturing tough as it struggles with too many orders
lockTesla has started making lithium-ion battery cells at its brand new “Gigafactory” in Nevada, US.
At almost 2 million square feet, the facility is said to be the largest battery manufacturing plant in the world – and that’s just for starters.
In a statement, Tesla says: “The current structure has a footprint of 1.9 million square feet, which houses 4.9 million square feet of operational space across several floors. And we are still less than 30 percent done. Once complete, we expect the Gigafactory to be the biggest building in the world.” [Read more…] about Tesla begins production at its Gigafactory – said to be the largest battery manufacturing plant in the world
“The future of the automotive industry”, “the new standard” and “there will be no other cars” are just some of the expressions that can be heard about the increasingly popular electric vehicles. All the giants of the automotive industry have already released at least a few models of electric vehicles.
Thus, there is no wonder why people invest in electric vehicle stocks. In this article, we will discuss the benefits and prospects of investing in this kind of stock. [Read more…] about Why should you invest in electric vehicle companies?
