Tesla

Regulators to look with enhanced scrutiny after cars with driver-assistance function crashed into parked emergency vehicles.

The NTSB recommended that Tesla develop safeguards that would not allow drivers to use vehicles in ways inconsistent with its design. In documents posted to its website, NHTSA said forensic data indicates that the majority of the drivers had their hands on the steering wheel before impact and were complying with the system as it was designed to be used. The agency has asked Tesla for more information about its awareness of the issue.

The National Highway Traffic Safety Administration (NHTSA) on Thursday said it was upgrading its probe into 830000 Tesla vehicles with its advanced driver ...

Register now for FREE unlimited access to Reuters.com Register now for FREE unlimited access to Reuters.com Register now for FREE unlimited access to Reuters.com The agency also reviewed 106 reported Autopilot crashes and said in approximately half, "indications existed that the driver was insufficiently responsive to the needs of the dynamic driving task." NHTSA said the upgrade is "to extend the existing crash analysis, evaluate additional data sets, perform vehicle evaluations, and to explore the degree to which Autopilot and associated Tesla systems may exacerbate human factors or behavioral safety risks by undermining the effectiveness of the driver’s supervision." The auto safety agency in August opened a preliminary evaluation to assess the performance of the system in 765,000 vehicles after about a dozen crashes in which Tesla vehicles struck stopped emergency vehicles -- and said Thursday it had identified six additional crashes.

NHTSA reported it has found 16 crashes into emergency vehicles and trucks with warning signs, causing 15 injuries and one death. Investigators will evaluate ...

The National Transportation Safety Board, which also has investigated some of the Tesla crashes dating to 2016, has recommended that NHTSA and Tesla limit Autopilot's use to areas where it can safely operate. In total, the agency looked at 191 crashes but removed 85 of them because other drivers were involved or there wasn't enough information to do a definite assessment. The NTSB can only make recommendations to other federal agencies. You can have your hand on the wheel and you can be looking forward and not have the situational awareness that's required." The NTSB also recommended that NHTSA require Tesla to have a better system to make sure drivers are paying attention. On average, Autopilot gave up control of the Teslas less than a second before the crash, NHTSA said in documents detailing the probe. "Every available vehicle requires the human driver to be in control at all times, and all state laws hold the human driver responsible for operation of their vehicles," the agency said. But even these may still allow a driver to zone out, Walker Smith said. This suggests drivers are complying with Tesla's monitoring system, but it doesn't make sure they're paying attention. Documents posted by the agency raise some serious issues about Tesla's Autopilot system. Of the remaining 106, the main cause of about one-quarter of the crashes appears to be running Autopilot in areas where it has limitations, or in conditions that can interfere with its operations. "This is confirmed in study after study.

Tesla Inc. has staged a remarkable comeback in terms of its production in China, with May output more than tripling despite the electric carmaker only ...

Phantom braking—the strange feeling of a car's driver assistance features applying the brakes when there's no obstacle in the way—is not a problem limited ...

In early May, NHTSA sent Tesla a letter saying that it has since heard from over 750 Tesla owners about this issue and asked the company to answer detailed questions about these incidents. In February, NHTSA opened an investigation into more than 400,000 2021 and 2022 model year Tesla Model 3 and Model Y electric vehicles to investigate potential problems with the EV’s automated emergency braking (AEB) systems. In fact, increased reports of the problem coming in from Tesla drivers has given the National Highway Traffic Safety Administration (NHTSA) a reason to follow up on the investigation it opened up into Tesla earlier this year.

Tesla has revealed New Zealand pricing and specification for the long-awaited Model Y SUV, with local deliveries starting later this year.

It will accelerate to 100kph in 6.9 seconds and will offer a WLTP range of 455km. New Zealand won’t get the seven-seat version, to begin with at least. And those articles are free.

"Every day that Tesla disregards safety rules… our roads become more dangerous."

An expanded investigation into collisions with parked emergency vehicles is the latest sign that regulators are stepping up scrutiny of Tesla's automated ...

“A driver’s use or misuse of vehicle components, or operation of a vehicle in an unintended manner does not necessarily preclude a system defect,” the agency wrote. Tesla has marketed driver-assistance features using the names Autopilot and Full Self-Driving that still require drivers to keep their hands on the wheel. The inquiry was also converted from a preliminary investigation to an engineering analysis, according to documents posted Thursday on the NHTSA website. No crashes or injuries stemming from the braking issue have been reported. The investigation, initially announced by the National Highway Traffic Safety Administration in August, was widened to cover an estimated 830,000 Tesla Model Y, X, S and 3 vehicles from the 2014 model year onward. In the documents posted Thursday, the agency cited “foreseeable misuse” of Autopilot as a factor in its decision to expand the inquiry.

Tesla Autopilot Defect Probe Spirals as US Reviews 191 Crashes · NHTSA upgrades first of two investigations of driving system · Agency looking into if Tesla ...

Tesla produced 33,544 cars at its Shanghai plant last month, up from 10,757 in April. (Bloomberg) — Tesla Inc. staged a remarkable production rebound in China ...

The U.S.-based electric vehicle giant produced 33,544 cars at its Shanghai plant last month, up from 10,757 in April, the China Passenger Car Association (CPCA) reported Thursday. Shipments totaled 32,165 units, including 22,340 cars exported to Europe and the rest of Asia and 9,825 sold to domestic buyers. (Bloomberg) — Tesla Inc. staged a remarkable production rebound in China as May output more than tripled even though the electric-car maker only recently got its Shanghai factory back up to speed following the city’s Covid lockdowns. Tesla’s China Factory Roars Back With Output Tripling

Production at Tesla's Shanghai plant was badly hit after the Chinese commercial hub began a two-month Covid-19 lockdown late in March.

Production at Tesla's Shanghai plant was badly hit after the Chinese commercial hub began a two-month Covid-19 lockdown late in March. - Production at Tesla's Shanghai plant was badly hit after the Chinese commercial hub began a two-month Covid-19 lockdown late in March. - Tesla has canceled three online recruitment events for China scheduled this month, the latest development after Chief Executive Elon Musk threatened job cuts at the electric car maker, saying it was "overstaffed" in some areas.

Federal regulators are expanding their examination of Autopilot's role in crashes with parked emergency vehicles.

Tesla last year issued a remote software update to better detect emergency vehicles in low light. The probe encompasses approximately 830,000 vehicles dating back to model year 2014, spanning Tesla’s current range of models. The agency began evaluating the issue in August 2021, following nearly a dozen crashes under similar circumstances, which included stationary emergency vehicles such as ambulances and police cruisers, some in low-light conditions.

National Highway Traffic Safety Administration began investigating Tesla Autopilot in August after the cars struck stationary first responder vehicles.

Earnings will be hurt more than currently expected after Covid-19 lockdowns hampered production.

Barclays noted that deliveries of electric cars are likely to come in below expectations in the second quarter after its factory in China was hobbled by Covid lockdowns, something that was already clear after release from Nio (NIO), Xpeng (XPEV), and Li Auto (LI). The problem for Tesla is that its China factory generates higher margins than its other... Tesla has a China problem that will show up in its earnings next month, and Barclays is the latest investment bank to try to estimate the damage from China’s Covid lockdowns. Tesla Has a China Problem. The Question Is How Big.

Tesla's cancelation of recruitment events in China followed CEO Elon Musk's announcement that the company needed to cut 10% of its workforce.

The email's subject line was "pause all hiring worldwide." Musk told Tesla executives via email he had a "super bad feeling" about the economy. - Musk said at the time that he had a "super bad feeling" about the economy and urged caution on hiring.

A Canadian nonprofit is urging Tesla Inc. to respect its workers' right to form unions, setting up a likely shareholder vote on a topic that has drawn the ...

Teslas with partially automated driving systems are a step closer to being recalled after the United States elevates its investigation into a series of ...

"This is established fact that people can look engaged and not be engaged. This suggests that drivers are complying with Tesla's monitoring system, but it does not make sure they are paying attention. The agency will have to decide if there is a safety defect with Autopilot before pursuing a recall. The agency found it was being used in areas where its capabilities were limited, and many drivers were not taking action to avoid crashes despite warnings from the vehicle. - The agency will have to decide if there is a safety defect with Autopilot before pursuing a recall - The NHTSA found Autopilot was being used in areas where its capabilities were limited, and drivers were not taking action to avoid crashes despite warnings

But we are more interested in the impact of the new battery cell and structural battery pack. Unfortunately, no one has been able to confirm the exact energy ...

After first launching the Model 3 and Model Y with the then-new 2170 cells, Tesla pushed several software updates over time that enabled higher charge rates. When breaking it down, the 4680 battery cell actually appears to have at least a 10% higher peak C rate and average C rate. We learned a little more over the next few weeks.

The NHTSA has upgraded its investigation of Tesla Autopilot crashes into emergency vehicles to an engineering analysis. Here's what that means.

In these incidents Tesla vehicles frequently decelerate rapidly on highways, increasing the risk of a crash from behind. Where incident video was available, the approach to the first responder scene would have been visible to the driver an average of 8 seconds leading up to impact," the agency noted. Last summer the National Highway Traffic Safety Administration launched an investigation into Tesla's Autopilot driver-assist system, following a string of Tesla crashes into the backs of parked emergency vehicles.

Drive along American roads and all you see are gasoline-powered sport utility vehicles and pick-up trucks. Sedans are a rarity and electrics even more so.

All told, the cost of ownership is high and goes beyond the price of the car. It requires policy focus and the introduction of clear steps to address the worries. The US is working to get companies on board to expand things like EV charging networks and has just started breaking ground on facilities for battery and green car production. Thoughtful functions and innovations include a blindspot sensor on sideview mirrors to help change lanes, easy gear-switching, an extra row of seats that don’t make the car feel too large and a well-integrated interface like Apple CarPlay or Android Auto. They are now basic in new cars and, I’d say, cooler and more useful than Tesla Inc’s dance and celebration mode. Trouble is, internal combustion-engine vehicles are getting more consumer-friendly and cleaner than they were in the past. And, of course, you can celebrate that you’ve joined the ranks of more climate-change aware consumers.

Tesla plans a 3-for-1 stock split, and Elon Musk now holds 23.5% of shares.

In its 2022 proxy filing, the electric vehicle and renewable energy business, also revealed that board member Larry Ellison currently owns 1.5% of Tesla shares. A stock split is cosmetic and could mean that smaller investors feel they can afford the stock, but those investors are minuscule compared to major institutions. "We believe the Stock Split would help reset the market price of our common stock so that our employees will have more flexibility in managing their equity."

Tesla is asking shareholders to approve a three-way stock split to reduce the price of its shares and help bring in more retail investors.

Instead, the board will reduce its number of seats from eight to seven. If the stock split goes into effect, Tesla shareholders would receive two additional shares of common stock on that date. But at prices that high, it’s difficult for individuals — especially retail traders using platforms like Robinhood — to own more than fractional shares of the company.

Companies split their stocks for numerous reasons: Splits can put their stock within the reach of smaller, individual investors. It helps companies gain ...

But one company with an alarmingly high stock price has never split and said it never would: Berkshire Hathaway ( BRKA) But Tesla, in particular, has struggled this year in part because of CEO Elon Musk's attempt to leverage his massive Tesla stake to purchase Twitter. The growth of zero-fee trading apps, including Robinhood, E-Trade and others, have made stock splits much more important in recent years. , for example, announced a 7-for-1 stock split in 2014 and got included in the Dow in 2015. Friday. "In addition, as retail investors have expressed a high level of interest in investing in our stock, we believe the stock split will also make our common stock more accessible to our retail shareholders." "We believe the stock split would help reset the market price of our common stock so that our employees will have more flexibility in managing their equity, all of which, in our view, may help maximize stockholder value," Tesla said in a regulatory filing

Electric-vehicle maker Tesla Inc on Friday proposed a stock split at a three-to-one ratio in the form of a stock dividend, according to a regulatory filing.

If approved, directors' terms would be staggered over two years. Register now for FREE unlimited access to Reuters.com Register now for FREE unlimited access to Reuters.com

Today, as part of the release of its prospectus for its 2022 annual shareholder meeting, Tesla announced that it is going with a three-for-one stock split – ...

Today, Tesla’s stock trades at around $700 per share and a market capitalization of $720 billion. In addition, as retail investors have expressed a high level of interest in investing in our stock, we believe the Stock Split will also make our common stock more accessible to our retail shareholders. We believe the Stock Split would help reset the market price of our common stock so that our employees will have more flexibility in managing their equity, all of which, in our view, may help maximize stockholder value.