Tesla is overusing automation in Model 3 final assembly, analysts say

Bernstein analysts Max Warburton and Toni Sacconaghi argue Elon Musk is overusing automation, Business Insider reports, and that’s why Tesla is unable to scale as fast as it would like. “Tesla has tried to hyper-automate final assembly,” the report states. “We believe Tesla has been too ambitious with automation on the Model 3 line. Few have […]

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Tesla wants to install chargers at the office

 Tesla expects to sell 100,000 electric vehicles in 2018. But electric vehicles don’t make much sense unless chargers are easily accessible and convenient. That’s why Tesla is introducing the Workplace Charging program. It will allow offices and business to apply for a Wall Connector to be installed in the company garage or parking lot. And, except for the actual electricity used… Read More

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Elon Musk immediately reacts to Model 3 driver’s crash story by adding features

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Tesla isn’t like other car makers, and you can say the same about its CEO, Elon Musk. 

Namely because Musk seems rather proactive when it comes to customer suggestions, responding to a owner’s Model 3 crash experience on Twitter. 

Musk said he’d look to add a software feature allowing a Tesla’s glovebox to open automatically in the case of a crash, and affix a plastic sheet to the car’s central touch screen display. 

Adding software feature to open glovebox automatically when car comes to a stop after a crash. Will look at bonding a thin plastic sheet to the front or back of screen.

— Elon Musk (@elonmusk) February 16, 2018 Read more…

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Automotive expert Bob Lutz suggests buying a Tesla before it goes out of business

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Tesla might sell more all-electric vehicles than any other car manufacturer in the U.S., but automotive industry veteran Bob Lutz warns the company could soon go broke. 

The 85-year old Lutz’s candid thoughts were reported last week by The Los Angeles Times as the former Vice Chairman of General Motors spoke to a group of vintage car collectors. 

In Lutz’s view, Tesla’s vehicles — like its high-speed Model S sedan — could soon become valuable collector’s items when Tesla’s business model fails. Lutz apparently believes Tesla “hasn’t figured out the revenues have to be greater than costs … when you are perennially running out of cash you are just not running a good automobile company.” Read more…

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