Experts Say Tesla Has Repeated Car Industry Mistakes From The 1980S

from ars technica Production had been halted for much of last week in Tesla’s car factory in Fremont, California, and its battery factory near Clark, Nevada. In a Tuesday note to employees, CEO Elon Musk said that the pause was necessary to lay the groundwork for higher production levels in the coming weeks. Musk said he wants all parts of the company ready to prepare 6,000 Model 3 cars per week by the end of June, triple the rate Tesla has achieved in the recent weeks. The announcement caps a nine-month period of turmoil that Musk has described as “production […]

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Tesla Model S Hack

from Schneier on Security Impressive remote hack of the Tesla Model S.  Details. Video. The vulnerability has been fixed. Remember, a modern car isn’t an automobile with a computer in it. It’s a computer with four wheels and an engine. Actually, it’s a distributed 20-400-computer system with four wheels and an engine. More here.

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Antitrust Regulators Approve Tesla Deal To Buy Solarcity

from ars technica On Thursday, federal antitrust regulators from the Federal Trade Commission (FTC) approved electric vehicle maker Tesla’s bid to buy solar panel company SolarCity for $2.6 billion in an all-stock deal. The deal was expected to be approved, and Reuters reported that regulators fast-tracked the merger, along with a number of other, lower-profile mergers in which the two companies seeking to merge did little overlapping business. Tesla announced the merger in June, and on August 1 it proposed terms for the takeover of the solar panel company—owners of SolarCity shares will get 0.11 shares of Tesla stock for every share of SolarCity […]

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If You Build It, They Will Come

from 500ish Words This headline says it all: Pre-sales of Tesla’s Model 3 topped first-year projections in less than 24 hours. Impossible to overstate how crazy that is. And yet, it gets crazier. At the time that headline was written, pre-sales stood at 232,000. The latest number revealed by the company is now over 325,000. That’s over 300,000 real people, putting down a very real $1,000, to order a car that won’t be available until the end of 2017 (at the earliest).¹ For some context, Tesla just announced that total sales for its current line-up (Model S and Model X) were just under 15,000 last quarter […]

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