Tesla Archive

Tesla told to stop using “misleading term Autopilot” in Germany

Germany’s Federal Motor Transport Authority (KBA) has asked Tesla to stop using the term ‘Autopilot’ to refer to its driver assistance technology because of the risk of misleading consumers about the capabilities of the technology. According to a report in Germany’s Bild am Sonntag newspaper yesterday, the KBA has written to Tesla asking the electric car company to stop using the term in order “to avoid misunderstandings and false customer expectations”. A …

The end of the automotive supply chain

Over the next 10 years, the differentiating source of supply and value in the automotive industry will not be car parts or engines. Instead, it will be a network of software developers. The autonomous car will be here before we know it. Tesla autonomous technology has already amassed 100 million-plus miles. Legacy car manufacturer General Motors joined the action by acquiring self-driving startup Cruise. Apple has …

Alphabet’s David Drummond leaves Uber’s board amid mounting competition

David Drummond, who joined Uber’s board of directors in August 2013, stepped down several weeks ago, Uber has confirmed to TechCrunch. The Wall Street Journal first reported the news. At first blush: no surprise whatsoever. Earlier this month, Uber CEO Travis Kalanick said the company’s first fleet of self-driving cars would begin running in Pittsburgh soon (as soon as this month, even!). The fleet consists of about …

The new, scary face of auto insurance

Kevin Wang Crunch Network Contributor Kevin Wang is an associate on Plug and Play’s Ventures team sourcing for the insurance vertical. Kevin studied finance at Case Western Reserve University. He’s a serial entrepreneur with a background in edtech, manufacturing and distribution, as well as strategy consulting. How to join the network Technology in the mobility space has made travel safer, faster and more convenient. The …

Tesla’s best-laid plans will have a challenge in convergence

Driverless cars and ridesharing are poised to bring about the next big tectonic movement that technology provides for the human experience. In much the same way that the mobile phone has transformed the way we live, autonomous vehicles and transportation sharing promise to change the way we move. Tesla’s recent announcement of its Master Plan, Part Deux exemplifies the convergence of these technology trends. For …

Mercedes-Benz said to plan EV sub-brand, with multiple SUVs and sedans

Mercedes-Benz isn’t just planning one or two all-electric vehicle options to woo customers away from competitors including BMW and Tesla who are further along with their EV lineups – they have four models in the works, according to sources speaking to Bloomberg. These cars will be offered under a new sub-brand with a new name, per the report. The first of these will likely come …

Tesla moves forward on $2.6B SolarCity acquisition

Early this morning, Tesla announced that it had come to an agreement to acquire SolarCity in a $2.6 billion all stock transaction. Tesla first announced it was interested in acquiring the solar power company back in June. In the wake of the announcement, both Tesla and SolarCity stock is being traded down. The original anticipated rage for the sale was $26.50 to $28.50 per share. Rather, the deal will be moving …