Musk’s update on his plans was even more widely anticipated than otherwise because of how he might respond to criticism of his defense of Autopilot in the wake of the fatal crash, some others that are under investigation, an inquiry by U.S. car-safety authorities, and concerns by some investors because Musk didn’t bother to report the accident in advance of Tesla’s recent sale of $2 billion in securities. Other problem found with Tesla is its delay in vehicle delivery.
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“One of the biggest challenges in my opinion is not in the vision, but more on execution”. “As Elon has proved a few times, he has grand visions and can deliver, but it will require the company to be disciplined, with so many moving parts”.
Tesla Motors boss Elon Musk has unveiled an ambitious plan to expand the company into electric trucks and buses, vehicle sharing and solar energy systems.
He said: “Today, Tesla addresses two relatively small segments of premium sedans and SUVs”.
Tesla Motors managed to develop quite a stir when they launched the Model 3.
Tesla CEO Elon Musk speaks during an event to launch the new Tesla Model X Crossover SUV on September 29, 2015, in Fremont, California.
Of course, among those “mercantile” considerations Musk took into account might be the fact that Tesla has collected a trove of digital information already on the use of Autopilot in its cars that would come in very handy if and when the company is sued over liability for a crash using Autopilot, according to Reuters. It’s not just electric pickup trucks that he planned but there are also lorries and buses that Tesla plans to make.
Musk also pushed for the combination of Tesla and solar energy company SolarCity. Through the said merger, both companies would be able to achieve the goal of integrated energy generation and storage. This caused deeper questions about whether Tesla could meet production goals for the Model 3.
It’s hard to imagine the owner of a $100,000-plus Tesla Model S or Model X luxury vehicle wanting to let their all-electric baby out for hire. Tesla says the Model 3 will go on sale at the end of 2017. Tesla now makes a luxury sedan, the Model S, and a luxury crossover, the Model X. It plans to release a lower-priced auto, the Model 3, next year. In the plan unveiled Wednesday, Musk acknowledged some of his original challenges.
SolarCity installed about a third of all the solar panels that went on us household rooftops a year ago.
Looking back at the earlier promises of the first plan, Johnson gave the company a “B+” for product execution and a “D” for financial stewardship.
The National Highway Traffic Safety Administration opened an examination. The National Transportation Safety Board is also investigating the accident.
For that to happen, Tesla would need to move beyond simply selling solar panels, batteries and electric cars to USA homeowners and companies. One group asked for mandatory federal standards on self-driving technology to replace the voluntary guidelines now in place.
Musk says it’s important to deploy partial autonomy now because, when used correctly, it “is already significantly safer than a person driving by themselves”. It proves that although he and Tesla have successfully created a auto company, they’re also aware that every vehicle company around is being threatened by a collective realization than traditional auto ownership can be seen as a massive waste of money.
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“Even once the software is highly refined and far better than the average human driver, there will still be a significant time gap, varying widely by jurisdiction, before true self-driving is approved by regulators”. He envisions drivers summoning their Teslas with a tap of a button, or just as easily adding the vehicles to a network to rent out. The company plans to use similar technology to build the new range of large vehicles, mainly for public use. Musk hyped the plan on social media during the past week, once tweeting he was staying up all night to finish the piece.
