Tag: Tesla Model 3

  • Israel-Hamas War: Elon Musk reacts after Tesla Model 3 helped save a person’s life

    Israel-Hamas War: ‘Glad he made it!’ that is what Tesla and X proprietor Elon Musk stated on the social media platform after a narrative was shared on how a Tesla Model 3 saved a person’s life from a rocket assault in Israel.

    The man, recognized merely as ‘C,’ hails from Kibbutz Mefalsim and serves as a member of the settlement’s emergency squad. The surprising account of his encounter with Hamas terrorists and the Tesla’s resilience was shared by Gilad Alper, Head of Israel’s Freedom Party.

    Recounting the harrowing incident from his hospital mattress, the place he has undergone head and hand surgical procedures, ‘C’ described the terrifying second when the terrorists, driving in a Toyota truck outfitted with a machine gun, noticed him simply 10 yards away. The terrorists, armed with Kalashnikovs and a bigger caliber machine gun, opened hearth on his automobile, unaware that it was an electrical Tesla Model 3. Their misguided try to disable the automobile led to photographs aimed on the non-existent engine and gasoline tank, whereas they managed to puncture ‘C’s’ tires.

    However, ‘C’ swiftly accelerated in his Tesla, initiating a high-speed chase. Despite the broken tires, the exceptional acceleration of the Tesla Model 3 saved him on the highway, and he managed to distance himself from the attackers. Realizing the urgency of reaching the hospital, ‘C’ pushed the electrical automobile to its limits, reaching speeds of as much as 112 mph with deflated tires. The tires step by step disintegrated, but the dual-drive system of the Tesla continued to stability the wheels, even when some had been diminished to rims. Remarkably, the electrical automobile’s battery remained cool, regardless of taking quite a few bullets, leaving just about no a part of the automobile untouched by gunfire.

    Although ‘C’ sustained gunshot wounds in his legs, hand, and cranium, his willpower and the Tesla Model 3’s unwavering efficiency had been instrumental in making certain his escape and survival. This story serves as a testomony to each human resilience and the exceptional engineering of electrical automobiles in essentially the most difficult of circumstances.

    Elon Musk, stated, “Glad me made it!”

    “Exciting news! Mint is now on WhatsApp Channels 🚀 Subscribe today by clicking the link and stay updated with the latest financial insights!” Click right here!

  • Tesla recollects virtually half one million electrical automobiles over issues of safety

    Tesla Inc is recalling greater than 475,000 of its Model 3 and Model S electrical automobiles to deal with rearview digicam and trunk points that enhance the chance of crashing, the U.S. highway security regulator mentioned on Thursday.
    Tesla shares fell as a lot as 3% within the morning however rebounded and had been final buying and selling barely larger round $1,088.76.
    The federal regulator has been discussing one other digicam problem with the automaker, whereas probing the electrical automobile producer’s driver assistant system and different points.
    The mannequin years affected within the recall vary from 2014 to 2021, and the whole variety of recalled autos is nearly equal to the half one million autos Tesla delivered final yr.

    The U.S. electrical automobile producer is recalling 356,309 2017-2020 Model 3 autos to deal with rearview digicam points and 119,009 Model S autos as a result of entrance hood issues, the National Highway Traffic Safety Administration (NHTSA) mentioned.
    Tesla couldn’t be reached for remark. For Model 3 sedans, “the rearview camera cable harness may be damaged by the opening and closing of the trunk lid, preventing the rearview camera image from displaying,” the NHTSA mentioned.
    Tesla recognized 2,301 guarantee claims and 601 subject experiences concerning the problem for U.S. autos.
    For Model S autos, entrance hood latch issues might lead a trunk to open “without warning and obstruct the driver’s visibility, increasing the risk of a crash,” Tesla mentioned.

    Tesla mentioned it was not conscious of any crashes, accidents or deaths associated to the problems cited within the recall of Model 3 and Model S automobiles, the NHTSA mentioned.
    This month, the NHTSA mentioned it was discussing with Tesla over sideview digicam points in some autos.
    CNBC had reported that Tesla was changing faulty repeater cameras within the entrance fenders some U.S.-made autos with out recalling the elements.
    The NHTSA has been investigating 580,000 Tesla autos over the automaker’s choice to permit video games to be performed on automobile screens whereas they’re in movement.
    Tesla has subsequently agreed to cease permitting video video games to be performed on automobile screens whereas its automobiles are transferring, in response to the NHTSA.

    Under stress from NHTSA, Tesla in February agreed to recall 135,000 autos with touch-screen shows that might fail and lift the chance of a crash.
    In August, the NHTSA opened a proper security probe into Tesla Inc’s driver help system Autopilot after a sequence of crashes involving Tesla fashions and emergency autos.

  • At $1 trillion, Tesla’s market cap is greater than India’s high 5 listed corporations mixed

    Tesla hits $1 trillion greenback market cap: Tesla Inc’s report run within the inventory market on Monday noticed its market capitalisation surge previous the $1 trillion mark, making it the first-ever automotive producer to hitch the esteemed checklist of trillion-dollar corporations which incorporates Apple Inc, Amazon.com Inc, Microsoft Corp and Alphabet Inc.
    Tesla founder and CEO Elon Musk’s web value too soared $36.2 billion to $289 billion, extending his lead on the high of the desk of billionaires, forward of Amazon Inc’s founder Jeff Bezos, in response to the Bloomberg Billionaires Index.
    Monday, the inventory of the electrical automaker surged 12.66 per cent to finish at $1,024.86 apiece on the NASDAQ index after it landed with its biggest-ever order from rental automotive firm Hertz. Its market cap stood at over $1.02 trillion.
    Hertz positioned an order of as many as 100,000 Tesla autos by the top of 2022, suggesting that electrical autos are set to rise and dominate the mass automotive market within the close to time period.

    With this, Tesla’s market cap at present stands at greater than that of the 5 most precious listed corporations on the BSE. India’s 5 largest corporations collectively have a mixed market cap of Rs 51,89,897.02 crore ($692.35 billion) as of Tuesday’s finish of commerce, knowledge accessible on the BSE confirmed.
    This consists of oil-to-telecom heavyweight Reliance Industries (RIL) – Rs 16,88,280.77 crore together with Tata Consultancy Services (TCS) – Rs 12,88,398.09 crore, HDFC Bank – Rs 9,15,368.48 crore, Infosys – Rs 7,22,856.69 crore and ICICI Bank – Rs 5,74,992.99 crore.
    “With the $1 Trillion valuation, Tesla is now more valuable than the other 9 biggest listed carmakers combined. While they have a way to go to justify such a high valuation, they have done well to turn cashflow positive over the last few quarters and reduce reliance on sales of emissions credits to boost the bottom line,” stated Asheesh Chanda, Founder and CEO, Kristal.AI.
    “Given the continuous sales expansion of Tesla, Indian investors can look into Tesla as a tool of diversification into global assets outside of India equities. EV is currently a big trend and seems like it’ll continue to be so going forward as well. Despite the high valuation of Tesla, which it has used to even higher P/E in the past as well, Indian investors can apply dollar-cost averaging to acquire the Tesla shares at good prices and hold for medium to long term. Tesla has been the category creator in the EV space. Hence Indian investors looking to gain exposure in the segment should consider Tesla as an investment option in their portfolio,” he added.
    Musk extends achieve on the high
    Elon Musk’s web value too surged by $36.2 billion to $289 billion on Monday thereby extending his lead over Amazon.com Inc’s founder Jeff Bezos because the world’s richest particular person by $96 billion. According to the Bloomberg Billionaires Index, the Tesla and SpaceX founder’s web value has risen by $119 billion to date this yr. then again, Bezos’ web value stands at $193 billion, after slipping $751 million on Monday. The Amazon boss has added $2.35 billion to date this yr.

  • Tesla agrees to pay $1.5 million to settle claims over battery voltage discount

    Tesla Inc has agreed to pay $1.5 million to settle claims a software program replace briefly lowered most battery voltage in 1,743 Model S sedans, court docket paperwork present.
    Owners of the automobiles will get $625 every, which is “many times the prorated value of the temporarily reduced maximum voltage,” in accordance with the proposed settlement paperwork filed Wednesday in US District Court in San Francisco.
    Tesla didn’t instantly reply to a request for remark.
    Lawyers for the homeowners who sued mentioned the “voltage limitation was temporary, with a 10% reduction lasting about 3 months, and a smaller 7% reduction lasting another 7 months before the corrective update was released in March 2020.”
    A US choose set a Dec. 9 listening to on the proposed settlement.

    The swimsuit filed in August 2019 alleged Tesla launched an over-the-air software program replace that lowered the utmost voltage to which batteries on some Tesla Model S automobiles could possibly be charged.
    A subsequent replace restored about 3% of the battery voltage in these automobiles, and a 3rd replace launched in March 2020 was designed to totally restore the batteries’ voltage over time because the automobiles are pushed, the settlement paperwork mentioned.

    Company knowledge exhibits 1,552 automobiles had most battery voltage absolutely restored and 57 have had battery replacements and for different automobiles the utmost voltage ought to proceed to be restored over time, the settlement paperwork mentioned.
    The $1.5 million settlement consists of $410,000 charges and prices for the plaintiffs’ attorneys.

  • Tesla says autopilot makes its vehicles safer. Crash victims say it kills.

    Written by Neal E. Boudette
    Benjamin Maldonado and his teenage son had been driving again from a soccer match on a California freeway in August 2019 when a truck in entrance of them slowed. Maldonado flicked his flip sign and moved proper. Within seconds, his Ford Explorer pickup was hit by a Tesla Model 3 that was touring about 60 mph on Autopilot.
    A 6-second video captured by the Tesla and information it recorded present that neither Autopilot — Tesla’s much-vaunted system that may steer, brake and speed up a automobile by itself — nor the motive force slowed the automobile till a fraction of a second earlier than the crash. Jovani Maldonado, 15, who had been within the entrance passenger seat and was not carrying his seat belt, was thrown from the Ford and died, based on a police report.
    The accident, which passed off 4 miles from Tesla’s essential automobile manufacturing unit, is now the topic of a lawsuit towards the corporate. It is one among a rising variety of crashes involving Autopilot which have fueled considerations concerning the expertise’s shortcomings, and will name into query the event of comparable programs utilized by rival carmakers. And as vehicles tackle extra duties beforehand finished by people, the event of those programs might have main ramifications — not only for the drivers of these vehicles however for different motorists, pedestrians and cyclists.
    Tesla, based in 2003, and its chief govt, Elon Musk, have been daring in difficult the auto trade, attracting devoted followers and clients and creating a brand new commonplace for electrical autos that different established carmakers are reckoning with. The firm is value greater than a number of massive automakers mixed.
    The Maldonado household, Benjamin Maldonado, Sr., second from left, and his spouse Adriana Garcia proper, with kids Benjamine Maldonado, Jr, left, and Xitlali Raya Garcia, second from proper, pose at their San Lorenzo, Calif. residence on June 28, 2021, with a portrait of their son Jovani, 15, who was killed when a Tesla working on autopilot rear-ended the household’s pickup truck. The household is suing Tesla, claiming its Autopilot system was partly accountable. (Jim Wilson/The New York Times)
    But the accidents involving Autopilot might threaten Tesla’s standing and power regulators to take motion towards the corporate. The National Highway Traffic Safety Administration has about two dozen lively investigations into crashes involving Autopilot.
    At least three Tesla drivers have died since 2016 in crashes through which Autopilot was engaged and didn’t detect obstacles within the highway. In two situations, the system didn’t brake for tractor-trailers crossing highways. In the third, it failed to acknowledge a concrete barrier. In June, the federal site visitors security company launched an inventory exhibiting that not less than 10 individuals have been killed in eight accidents involving Autopilot since 2016. That listing doesn’t embody the crash that killed Jovani Maldonado.
    Tesla’s credibility has taken successful, and a few consultants on autonomous driving say that it’s onerous to not query different claims made by Musk and the corporate. He has, for instance, mentioned a number of occasions that Tesla was near perfecting Full Self Driving, a expertise that might permit vehicles to drive autonomously in most circumstances — one thing different auto and expertise firms have mentioned is years away.
    Musk and Tesla didn’t reply to a number of requests for remark.
    Autopilot is just not an autonomous driving system. Rather, it’s a suite of software program, cameras and sensors meant to help drivers and stop accidents by taking on many facets of driving a automobile — even the altering of lanes. Tesla executives have claimed that handing off these capabilities to computer systems will make driving safer as a result of human drivers are liable to errors and distractions, and trigger many of the roughly 40,000 site visitors fatalities that happen every year within the United States.
    A California household that misplaced a 15-year-old boy when a Tesla hit its pickup truck is suing the corporate, claiming its Autopilot system was partly accountable. — cat=f — 1.8 x 5.4
    “Computers don’t check their Instagram” whereas driving, Tesla’s director of synthetic intelligence, Andrej Karpathy, mentioned final month in an internet workshop on autonomous driving.
    While Autopilot is in management, drivers can chill out, however usually are not purported to tune out. Instead, they’re supposed to maintain their fingers on the steering wheel and eyes on the highway, able to take over in case the system turns into confused or fails to acknowledge objects or harmful site visitors state of affairs.
    But with little to do apart from look straight forward, some drivers appear unable to withstand the temptation to let their consideration wander whereas Autopilot is on. Videos have been posted on Twitter and elsewhere exhibiting drivers studying or sleeping whereas on the wheel of Teslas.
    The firm has usually faulted drivers of its vehicles, blaming them in some instances for failing to maintain their fingers on the steering wheel and eyes on the highway whereas utilizing Autopilot.
    But the National Transportation Safety Board, which has accomplished investigations into accidents involving Autopilot, has mentioned the system lacks safeguards to forestall misuse and doesn’t successfully monitor drivers.
    Similar programs supplied by General Motors, Ford Motor and different automakers use cameras to trace a driver’s eyes and subject warnings once they look away from the highway. After a couple of warnings, GM’s Super Cruise system shuts down and requires the motive force to take management.
    Autopilot doesn’t monitor drivers’ eyes and screens provided that their fingers are on the steering wheel. The system generally continues working even when drivers have their fingers on the steering wheel for just a few seconds at a time.
    “This monitoring system is fundamentally weak because it’s easy to cheat and doesn’t monitor very consistently,” mentioned Raj Rajkumar, a professor at Carnegie Mellon University who focuses on autonomous driving expertise.
    Consumer Reports mentioned in May that one among its engineers had been in a position to activate Autopilot in a Tesla and slip into the again seat whereas the automobile stored going. The California Highway Patrol mentioned in May that it had arrested a person who received out of the motive force’s seat of his Model 3 whereas it was transferring.
    Autopilot will also be used on metropolis roads, the place intersections, pedestrians and oncoming site visitors make driving tougher than on highways. GM’s Super Cruise works solely on divided highways.
    Still, Musk has usually defended Autopilot. The firm has cited its personal statistics to assert that vehicles driving with the system turned on are concerned in fewer accidents per mile than different vehicles. Last Thursday, he wrote on Twitter, that “accidents on Autopilot are becoming rarer.”
    The National Highway Traffic Safety Administration has not pressured Tesla to alter or disable Autopilot, however in June it mentioned it could require all automakers to report accidents involving such programs.
    Several lawsuits have been filed towards Tesla simply this 12 months, together with one in April in Florida state courtroom that considerations a 2019 crash in Key Largo. A Tesla Model S with Autopilot on didn’t cease at a T intersection and crashed right into a Chevrolet Tahoe parked on a shoulder, killing Naibel Leon, 22. Another swimsuit was filed in California in May by Darel Kyle, 55, who suffered critical spinal accidents when a Tesla beneath Autopilot management rear-ended the van he was driving.
    The crash that killed Jovani Maldonado is a uncommon case when video and information from the Tesla automobile have change into accessible. The Maldonados’ lawyer, Benjamin Swanson, obtained them from Tesla and shared each with The New York Times.
    Benjamin Maldonado and his spouse, Adriana Garcia, filed their swimsuit in Alameda County Superior Court. Their criticism asserts that Autopilot incorporates defects and didn’t react to site visitors situations. The swimsuit additionally names as defendants the motive force of the Tesla, Romeo Lagman Yalung of Newark, California, and his spouse, Vilma, who owns the automobile and was within the entrance passenger seat.
    Yalung and his lawyer didn’t reply to requests for remark. He and his spouse, who weren’t reported injured within the accident, haven’t but addressed the Maldonado household’s criticism in courtroom.
    In courtroom filings, Tesla has not but responded to the allegation that Autopilot malfunctioned or is flawed. In emails to Swanson’s agency which were filed as displays in courtroom, a Tesla lawyer, Ryan McCarthy, mentioned the motive force, not Tesla, bore duty.
    “The police faulted the Tesla driver — not the car — for his inattention and his driving at an unsafe speed,” McCarthy wrote. He didn’t reply to emails in search of remark.
    Maldonado works for PepsiCo, delivering drinks to retailers. The household, which incorporates two different kids, lives in San Lorenzo, about 15 miles north of Fremont.
    In written solutions to questions, Maldonado mentioned he and his spouse had been too devastated to speak in an interview. “We are living day by day,” he mentioned. “There is so much sadness inside. We take family walks and try to do things together like going to church. There is a massive hole in the family.”
    A shrine within the Maldonado residence in San Lorenzo, Calif., June 28, 2021, to Jovani Maldonado, 15, who was killed when a Tesla working on autopilot rear-ended the household’s pickup truck. The household is suing Tesla, claiming its Autopilot system was partly accountable. (Jim Wilson/The New York Times)
    Maldonado described his son as an outgoing highschool sophomore who favored to sing and deliberate to go to school. His dream was to change into knowledgeable soccer participant and purchase his dad and mom a home. “Like any grateful child, he wanted to take care of his parents like they did for him,” Maldonado mentioned.
    The information and video permit an in depth have a look at how Autopilot operated within the seconds earlier than the crash. Tesla autos consistently document quick clips from forward-looking cameras. If a crash happens, the video is robotically saved and uploaded to Tesla’s servers, an organization official mentioned in emails included in displays filed by Swanson.
    The video saved by the automobile Yalung was driving reveals it passing autos on the appropriate and left. Four seconds earlier than impression, Maldonado turned on his blinker. It flashed 4 occasions whereas his Explorer was in its unique lane. A fifth flash got here as his truck was straddling the lanes. In courtroom paperwork, Maldonado mentioned he had observed the Tesla approaching quickly in his rearview mirror and tried to swerve again.
    In many of the video, the Tesla maintained a velocity of 69 mph, however simply earlier than impression it briefly elevated to 70 mph then slowed within the ultimate second, based on information from the automobile.
    Rajkumar of Carnegie Mellon, who reviewed the video and information on the request of The Times, mentioned Autopilot might need didn’t brake for the Explorer as a result of the Tesla’s cameras had been going through the solar or had been confused by the truck forward of the Explorer. The Tesla was additionally geared up with a radar sensor, nevertheless it seems to not have helped.
    “A radar would have detected the pickup truck, and it would have prevented the collision,” Rajkumar mentioned in an e-mail. “So the radar outputs were likely not being used.”
    Maldonado’s truck rolled over and slammed right into a barrier, the police report mentioned. It had a shattered windshield and a crumpled roof, and the rear axle had come unfastened. The Tesla had a crumpled roof, its entrance finish was mangled, its bumper was partly indifferent, and its windshield was cracked.
    Jovani Maldonado was discovered mendacity face down on the shoulder of Interstate 880, his blood pooling.
    This article initially appeared in The New York Times.