Posts tagged with "Tesla"

Pedal to the metal: Elon Musk dares California to arrest him as Tesla plant reopens

May 13, 2020

He has challenged the laws of mobility and gravity with his companies, Tesla and SpaceX, so why should Elon Musk bend to the laws of Alameda County, California?

This week, Musk has escalated his war with Alameda officials—tweeting that he is reopening Tesla’s manufacturing plant there despite a local ban by authorities who believe it’s not safe to do so.

If county officials don’t like it, Musk said, they can arrest him, according to a report by Fast Company. Indeed, he tweeted on May 11, “Tesla is restarting production today against Alameda County rules. I will be on the line with everyone else. If anyone is arrested, I ask that it only be me.”

Indeed, he says, county officials are illegally flaunting California law. Also on Twitter, Musk noted, “Yes, California approved, but an unelected county official illegally overrode. Also, all other auto companies in US are approved to resume. Only Tesla has been singled out. This is super messed up!”

The tweet and decision to reopen Tesla’s only U.S. plant come after a dramatic weekend, during which Musk threatened to move the company’s headquarters from California to Nevada or Texas, Bloomberg reports.

The threat came after California Governor Gavin Newsom gave the okay last week for manufacturers in the state to start operations again, but Alameda County officials overruled that decision. It should be noted, however, that Governor Newsom granted local authorities the power to remain more restrictive with their stay-at-home orders than the state’s as a whole, essentially allowing them to decide when certain types of businesses can reopen in their areas.

That did not sit well with Musk, and Tesla then sued Alameda County over the weekend.. In response, Alameda County health officials issued a statement saying they were aware Tesla’s plant was reopening and hoped the company would choose to comply with local stay-at-home rules “without further enforcement measures.”

According to Fast Company, after Musk announced the Tesla plant would reopen, employees at the plant were emailed a memo announcing their furlough ended on Sunday and that they will be contacted within 24 hours with their return-to-work start date. Tesla said those who aren’t comfortable returning to work can stay at home—but they will be on unpaid leave and lose any jobless benefits.

The news outlet says that, since lockdown orders began, Musk has been the most vocal billionaire demanding people get back to work—going so far as to channel Trump in random outbursts on Twitter ranting against stay-at-home orders.

Research contact: @FastCompany

Driving ambition: Elon Musk claims Tesla will have 1 million robotaxis on roads by 2020

April 24, 2019

Tesla CEO Elon Musk said this week that the company would have 1 million robotaxis on the roads by next year, according to a report by NBC News.

“I feel very confident predicting autonomous robotaxis for Tesla next year,” Musk said on stage at the Tesla Autonomy Investor Day in Palo Alto, California. They won’t be “in all jurisdictions, because we won’t have regulatory approval everywhere, but I am confident we will have at least regulatory approval somewhere, literally next year,” he said.

However, he noted that the autonomous cars might have nobody in them; they might be part of a pilot test. He also warned investors, “Sometimes I am not on time, but I get it done.”

Musk based his optimism on the amount of data his company has been able to gather from Tesla vehicles already on the road today, which it then uses to improve its software.

All Tesla electric cars being produced today have the hardware on board that’s required for full self-driving, Musk said, promising that, “all you need to do is improve the software.”

Musk also predicted that in two years, Tesla will be making cars with no steering wheels or pedals.

In the past, NBC News reports, Elon Musk’s forecasts for Tesla have missed the mark. Tesla was two years late with the launch of the Model X, its first all-electric SUV. And it was two years late in delivering semi-autonomous features to eager drivers.

When Tesla began to discuss its ambitions in self-driving technology in 2016, Musk said they would conduct a hands-free trip across the U.S. by late 2017. They have yet to complete that mission.

Currently, Tesla offers Autopilot — an advanced driver assistance system — as a standard feature in its cars. According to the company’s website, Autopilot can automatically hold a car in its lane and accelerate or brake automatically, for example, in response to pedestrians or other cars in its way. Tesla can improve Autopilot with new features (or bug fixes) over time via over-the-air updates, as well.

In addition, Tesla sells a Full Self-Driving (FSD), package for its vehicles for $5,000 or more if the software is installed after the vehicle is initially purchased, the network news outlet reports.

FSD features today include Summon, which lets a driver call their Tesla to roll out from a parking spot to where they are standing (with no driver on board). And FSD lets drivers  Navigate on Autopilot, automatically driving a car from a highway on-ramp to an off-ramp, making necessary lane changes along the way.

Later this year, Tesla’s website says, cars with FSD should be able to read and respond properly to traffic lights and stop signs, and drive automatically on city streets.

However, Tesla still cautions its drivers, “Current Autopilot features require active driver supervision and do not make the vehicle autonomous.” In other words, keep your eyes on the road.

Research contact: @Tesla

From fantastical to familiar: Elon Musk portends new products—and Metaculus takes heed

January 15, 2019

Elon Musk is visionary and a pioneer. He is known for making bold predictions—and then, for going on to invent, design, and produce exactly what he has portended. In doing so, since 2002, he has become either the founder or co-founder of a slew of futuristic companies, from Neuralink to SpaceX to Tesla.

Hence, when Musk anticipates or forecasts a new development, most of us sit up and take notice—and if we are even smarter, we take notes.

For example, back in April 2017, Musk said that, by 2021, his brain-computer interface company Neuralink would release a viable product for treating brain injuries. Two years before that, he predicted that the electronic vehicle manufacturer Tesla would eventually grow as big as Apple—a company that was then worth $700 billion.

Now, to help us all keep track of one of one of his biggest claims, a website called Metaculus—built by a community dedicated to generating accurate predictions about future real-world events by aggregating the collective wisdom, insight, and intelligence of its participants—has created an interactive timeline that tracks all of Musk’s predictions for the future.

According to the website Futurism, among the predictions already filed away by the Metaculus team: Musk’s hunch that we all live in a simulation; his conjecture that there’s a 70% likelihood that he’ll move to Mars; and his prophesy that SpaceX will shuttle a million colonists to Mars by 2120.

In the site’s new Musk timeline, Metaculus also includes predictions that are relevant to Musk’s companies. For instance, only 17% of Metaculus voters agree that we live in a simulation. And unfortunately for Musk, the community that thinks there’s only a 7% chance that Tesla will become the world’s largest car manufacturer by 2035.

So far, Futurism reports, the Metaculus community has been correct nine times and incorrect three times about predictions related to Musk; and the validity of another 13 predictions has yet to be determined.

The community voted that there was only a 3% chance that Musk would be sanctioned for tweeting about taking Tesla private, while his tweet actually prompted two federal investigations. The Metaculus community also incorrectly guessed that SpaceX would land a Falcon 9 rocket on a barge by March 2016 and that Tesla would not be profitable in Q3 of 2018.

However, the community was right on the nose when it found a 9% probability that Elon Musk’s boy-sized submarines would prove useful in that whole cave rescue debacle.

Overall, Musk is more optimistic about the future of technology than the Metaculus community. For instance, Musk thinks there will one million Martian colonists by 2120. Metaculus voters say there’s just a 43% chance that humans will sustain any sort of “off-world presence” by 2100.

But you have got to dream it, before you do it, right? And with his boundless imagination and worldwide following, we would bet on Musk to help us live the dream.

Research contact: @DanRobitzski

Musk considers taking Tesla private

August 9, 2018

Tesla—which has evolved from an audacious and aggressive Silicon Valley electric-car manufacturer founded in 2003 to a $63 billion colossus just eight years after going public—could be reversing course to go private.

A final decision has not yet been made, Chief Executive Elon Musk told his employees in an August 7 email posted on the company’s official website.

As a public company,” Musk wrote, “we are subject to wild swings in our stock price that can be a major distraction for everyone working at Tesla, all of whom are shareholders. Being public also subjects us to the quarterly earnings cycle that puts enormous pressure on Tesla to make decisions that may be right for a given quarter, but not necessarily right for the long-term. Finally, as the most shorted stock in the history of the stock market; being public means that there are large numbers of people who have the incentive to attack the company. “

Basically, he said, “I’m trying to accomplish an outcome where Tesla can operate at its best, free from as much distraction and short-term thinking as possible, and where there is as little change for all of our investors, including all of our employees, as possible.

Musk envisions that being private would mean four things for “all shareholders, including employees”—among them:

Musk ended the email on a positive note, with no timeline for the decision or the final move. “This proposal to go private would ultimately be finalized through a vote of our shareholders. If the process ends the way I expect it will, a private Tesla would ultimately be an enormous opportunity for all of us. Either way, the future is very bright and we’ll keep fighting to achieve our mission,” he stated.

Research contact: Press@tesla.com