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Tag: tesla

  • Autopilot Crash Lawsuit: Tesla to Settle with Victim’s Family

    Autopilot Crash Lawsuit: Tesla to Settle with Victim’s Family

    Tesla has agreed to settle a lawsuit over a crash in 2018 where a man named Walter Huang died. He was an engineer at Apple. He was driving a Tesla Model X with Autopilot on when it hit a barrier on the highway. The case was brought by Mr. Huang’s family and was supposed to start this week in California court. If the trial had happened, it would have looked closely at Tesla’s Autopilot and Full Self-Driving technology.

    Tesla

    The settlement details were not shared, and it still needs approval from a judge. Tesla didn’t say anything when asked by the BBC. Before the settlement, Tesla said Mr. Huang was using the system wrong because he was playing a video game before the crash.

    Tesla has won similar cases before by saying drivers didn’t follow the rules to pay attention while using Autopilot. Tesla is facing many lawsuits over crashes linked to its driver-assistant technology. The US National Highway Traffic Safety Administration is also looking into some crashes involving Autopilot.

    Tesla has been saying for years that it will make a self-driving car, but it hasn’t happened yet. On Friday, the CEO, Mr. Musk, said Tesla plans to show a self-driving taxi in August. This settlement comes at a time when Tesla is having trouble selling cars.

    In the first three months of this year, car deliveries went down a lot because of a fire at a factory in Europe, problems with shipping worldwide, and more competition. Tesla has lowered its prices many times because of competition from companies like BYD, but fewer people are buying cars in big markets like China. Tesla’s stock has dropped almost 30% since the beginning of the year.

  • Elon Musk’s Tesla Struggles with Lower Sales: What’s Next?

    Elon Musk’s Tesla Struggles with Lower Sales: What’s Next?

    Elon Musk’s Tesla company has been reducing the prices of its electric cars multiple times. Actually they are trying to get more people to buy their electric car. He really wants Tesla cars to be popular and well-liked. But it seems like Tesla is having some problems with this right now.

    Tesla

    In the first three months of 2024, Tesla sold almost 386,000 cars in the market. That’s a lot of cars, but it’s actually less than they sold during the same time last year. This is bad news for Elon Musk and  his popular Tesla Company. He wanted to selle more cars.

    Tesla sold the fewest cars since the start of the coronavirus pandemic in 2020. In fact, they sold 20 percent fewer cars than they did in the last three months of 2023. During that time, they sold 484,560 cars. But Tesla had target to sell more electric car in the market.

    Because of this news, the value of Tesla’s company went down by 5.2 percent in the stock market. That means the company lost about 30 billion USD in value. And this year, the value of Tesla’s shares has gone down by almost 33 percent.

    Elon Musk often goes on TV or the internet to talk about Tesla’s new electric cars. He tells everyone about all the cool things the cars can do. But even with all this, Tesla is still having trouble selling as many cars as they hoped. We’ll have to wait and see what happens next for Tesla.

  • Electric Revolution: Xiaomi’s SU7 Sedan Takes on Tesla in China!

    Electric Revolution: Xiaomi’s SU7 Sedan Takes on Tesla in China!

    China’s Xiaomi has officially published its highly anticipated electric car; the new Speed Ultra 7 (SU7) sedan, in Beijing on Thursday night. Lei Jun is the founder and CEO of the popular Chinese smartphone brand and she announced that the company’s first electric vehicle would be priced between 215,900 yuan ($29,874) and 299,900 yuan ($41,497) in China.

    Ultra 7 (SU7)

    The starting price undercuts Tesla’s Model 3 sedan by about $4,000,with the Model 3 beginning at 245,900 yuan in China. Lei had hinted at the launch by expressing his desire for the SU7 to be the “best-looking, easiest to drive, and smartest car” priced below 500,000 yuan ($69,180).

    Xiaomi aims to create a “dream car” on par with Porsche and Tesla, Lei stated on Weibo Wednesday and she is emphasizing the need to learn from these renowned car manufacturers to build quality vehicles. Targeting premium consumers, Xiaomi’s new car is competitively priced against foreign rivals. For instance, the imported Porsche Taycan starts at 898,000 yuan ($124,248), while Tesla’s Model S begins at 698,900 yuan ($96,700) in China.

    In China, electric vehicles (EVs) are notably cheaper compared to other regions. BYD’s entry-level model, the Seagull hatchback, is priced at just 69,800 yuan ($9,658). The standard version of Xiaomi’s SU7 boasts a starting range of 700 kilometers (435 miles), surpassing the long-range version of Tesla’s Model 3, according to Lei.

    Within 27 minutes of sales commencement at 10 p.m. Beijing time on Thursday, orders for the car surpassed 50,000 units, as announced by Xiaomi. Lei expressed his immense excitement during the launch event on Thursday night, which was attended by founders and CEOs of several Chinese EV makers.

    Xiaomi’s foray into the automotive industry comes amid fierce competition in China’s EV market which has become oversaturated with over 200 major manufacturers. Facing a price war and weaker consumer demand, average profit margins dwindled to 5% in 2023, with BYD reporting its slowest quarterly profit growth in two years earlier this week.

    Xiaomi’s SU7 has been showcased in showrooms across 29 cities in mainland China since Monday. Renowned for its smartphones and consumer electronics, Xiaomi captured 13% of global and Chinese smartphone sales in the final quarter of 2023. It ranked fifth in China for the full year.

  • Tesla Issues Massive Recall: Over 2 Million Vehicles Affected by Autopilot Concerns

    Tesla Issues Massive Recall: Over 2 Million Vehicles Affected by Autopilot Concerns

    Tesla is recalling over 2 million vehicles in the U.S. due to issues with its Autopilot system. The recall follows a two-year investigation by the National Highway Traffic Safety Administration (NHTSA) into crashes involving Tesla’s partially automated driving system. The defective system, intended to ensure drivers are attentive while using Autopilot, will be updated through a software fix.

    Tesla

    The NHTSA’s investigation revealed shortcomings in Autopilot’s method of confirming driver attentiveness, leading to foreseeable misuse. To address these flaws, Tesla’s software update will enhance warnings and alerts to drivers, as well as restrict the areas where basic Autopilot functions can operate.

    This recall decision comes after incidents, some fatal, occurred during Autopilot use, prompting concerns about the system’s safety. Tesla’s attempt to rectify the issues was met with skepticism from individuals, like Dillon Angulo, who sustained serious injuries in a 2019 crash involving a Tesla using Autopilot in an inappropriate setting in Florida. Angulo emphasized the need for regulatory intervention and expressed doubt about the technology’s safety on the roads.

    Autopilot comprises features such as Autosteer and Traffic Aware Cruise Control. The update will limit where Autosteer can be engaged, providing alerts if the conditions for engagement are not met. The update includes increased prominence of visual alerts, simplified controls for Autosteer activation, and additional checks to prevent usage in unauthorized areas or near traffic control devices.

    However, critics argue that the update is a compromise and does not address fundamental issues, such as the lack of night vision cameras to monitor drivers’ eyes. Safety advocates have long called for stronger regulation, advocating for camera-based systems to ensure driver attention, a feature present in other automakers’ similar systems.

    While Tesla initially disagreed with the NHTSA’s analysis, the company opted for the recall on December 5 to resolve the investigation. The recall, affecting a significant number of Tesla vehicles, underscores the ongoing challenges and concerns surrounding the implementation and safety of advanced driver-assistance systems.

  • Study Reveals Tesla Model S Faces Highest Depreciation Among Electric Cars

    Study Reveals Tesla Model S Faces Highest Depreciation Among Electric Cars

    Electric cars, like Teslas, can lose value quickly, but a recent study by iSeeCars shows that the Tesla Model S experiences the highest depreciation over a five-year period, while the Tesla Model 3 has the lowest. iSeeCars found that electric vehicles (EVs) as a category are generally worse at holding their value compared to hybrids and pickup trucks.

    Tesla Model S

    The study reveals that electric vehicles, on average, lose 49.1% of their value over five years, making them the worst-performing segment in terms of depreciation. In contrast, trucks and hybrids retain more value, with only 35% and 37% depreciation, respectively, over the same period.

    However, there is some positive news for EVs. In 2019, electric vehicles experienced an average depreciation of 67.1% after five years, indicating a significant improvement of 18% in the recent study.

    The depreciation discrepancy between EVs and hybrids may be influenced by factors such as federal tax credits offered on electric vehicles. Karl Brauer, iSeeCars executive analyst, points out that incentives, combined with concerns about battery replacement costs, contribute to the higher depreciation of used electric vehicles compared to their gasoline counterparts. He suggests that this trend may continue until electric vehicles become more competitive in terms of pricing and consumers gain confidence in their long-term ownership costs.

    When examining individual electric car models, the Tesla Model 3 stands out for holding its value relatively well, while the Tesla Model S experiences the highest depreciation. This variation in depreciation percentages emphasizes the importance of considering specific models when evaluating used EVs. The study suggests that for consumers interested in purchasing a used electric vehicle, the high depreciation rates can result in attractive deals. However, those buying new electric vehicles should be prepared for a significant decrease in value over the first five years of ownership.

  • Mystery of Nikola Tesla: Did He Really Communicate with Aliens?

    Mystery of Nikola Tesla: Did He Really Communicate with Aliens?

    Nikola Tesla was a very smart scientist, and his inventions have helped people for a long time. But there are some strange stories about him. Some people say he talked to aliens and had something to do with ships disappearing.

    Nikola Tesla

    In the year 1900, something weird happened to Tesla. He didn’t talk about it for 22 years, but then he did. He received a signal through his wireless machine, and it didn’t seem like it came from anywhere on Earth.

    Tesla thought that this signal was coming from Mars, the planet. He explained that the signal was like numbers, like one, two, three, four, five. He believed that aliens on Mars were trying to talk to humans on Earth using these numbers.

    According to Tesla, both aliens and humans could understand each other through numbers. Tesla really liked the number 369, and he used it a lot in his work.

    Some people believed in Tesla’s ideas about aliens, but many others didn’t. A well-known person named Lord Kelvin said that such a signal could come from Mars.

    The people who disagreed with Tesla said that a signal from Mars wouldn’t be able to get through Earth’s ionosphere, which is like a protective layer around our planet. What’s funny is that even Tesla’s supporters were surprised to learn that he believed in aliens.

    So, there’s a big argument about whether Nikola Tesla talked to aliens or not. And this argument has not been settled yet.

  • Bringing Light to World: The Remarkable Life of Nikola Tesla

    Bringing Light to World: The Remarkable Life of Nikola Tesla

    When we think of the world’s greatest inventors and scientists, names like Einstein and the Wright Brothers often come to mind. However, there’s one name that doesn’t get mentioned as often as it should, despite the fact that many of his inventions are a part of our daily lives. That name is Nikola Tesla.

    Nikola Tesla

    Nikola Tesla was a remarkable inventor of the 20th century, and his life story is nothing short of astonishing. He passed away alone in a hotel room in the United States, and his death went unnoticed by many. When his lifeless body was discovered, he was an 86-year-old man living in obscurity. No one even knew that Tesla was staying in that hotel room.

    Born in what is now Croatia, Tesla was often referred to as the “alien child” during his childhood. His mother once proclaimed that he would one day bring light to the world, a prediction that would prove to be remarkably accurate.

    At a time when electricity was still considered a mysterious force, Tesla was able to harness and manipulate it in ways that were nothing short of revolutionary. He literally brought electricity to the palm of his hand, demonstrating its power to a world that was just beginning to understand its potential. Tesla’s work laid the foundation for the era of robots and automation, paving the way for the idea of reducing human manual labor and making machines our willing servants.

    Tesla’s inventions, such as gas tubes and fluorescent bulbs, have become indispensable in our daily lives. His contributions to the industrial sector were immense, as he introduced new machinery and technologies that transformed industries and created countless jobs.

    One of Tesla’s most significant contributions was the development of alternating current (AC) electricity, which could be transmitted over long distances with minimal loss of power. This breakthrough made it practical to use electricity on a large scale, revolutionizing the way we live and work. Tesla held numerous patents for his inventions, including high-voltage transformers and various types of light bulbs.

    Tesla’s pioneering work extended to the field of energy generation, as he played a key role in the development of modern hydroelectric power stations. His inventions had a profound impact on the world, spurring the growth of industries and improving the quality of life for countless people.

    What set Tesla apart from other scientists and inventors of his time was his commitment to turning theory into practice. He didn’t just come up with groundbreaking ideas; he brought them to life through practical applications. Tesla’s work continues to influence and shape our world, reminding us of the extraordinary power of human innovation and ingenuity.