Wednesday, 15 August, 2018

Tesla (TSLA) Stock: What’s Elon Musk Up to?

Tesla Model 3 Tesla’s ‘Autopilot’ is getting an upgrade
Laurie Berry | 14 June, 2018, 14:25

The latest software update, which started to roll out last week, features a new feature that will increase the number of warnings it gives drivers to take control of the vehicle.

The South African-born billionaire tweeted that the upgrade will include ten "small rocket thrusters arranged seamlessly around car". Speaking on Twitter, he confirmed that the rockets would actually be powered by SpaceX technology and would result in the Tesla Roadster's rear seats being removed to allow for the technology to fit. This means that a bottle containing high-pressure air will be used to add thrust to the auto without actually strapping a rocket to the back of your vehicle - something that's probably not going to make your auto zero-emission. It looks like with Tesla, Musk is going to outclass gasoline cars in every way, even it means to use some rocketry.

After months of teasers and tweets, Tesla finally unveiled its all-electric lorry in November past year and, at the same event, it upstaged it with something no one was expecting: an all-new Tesla Roadster.

Freeland calls tariffs 'absurd' after meeting U.S. Senate committee
Asked if he was apologising for the comments, Navarro said: "Yeah, absolutely". "That's going to cost him a lot of money ". Bloomberg reports that a 25 per cent tariff on imported vehicles could lead consumers to do one of three things.

At the unveiling event, Musk had revealed a list of extraordinarily impressive specifications for the automaker's upcoming supercar, saying that it would boast a range of 620 miles, and will have the ability to accelerate from 0-60 mph in barely 1.9 seconds.

"The software update is good news", said analyst Chaim Siegel from Elazar Advisors, adding the stock was still benefiting from last week's prediction by Musk that it would finally hit its production target for its Model 3 sedan. "The point of all this is just to give a hardcore smackdown to gasoline cars".

The reason behind including rocket thrusters to Tesla's next-generation Roadster is to "dramatically improve acceleration, top speed, braking and cornering". The new Roadster starts at $200,000 and is expected to arrive in 2020.

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