Tesla – Page 1025 – Sidevalve EV News

Tesla’s new Lane Departure Avoidance feature will steer owners out of harms way even without Autopilot

May 3, 2019 Dacia J. Ferris Syndicated Comments Off

Tesla has introduced two new active lane monitoring features designed to help prevent drivers from unintentionally leaving their lane of travel as part of its safety-first mission to reduce vehicle accidents. The two features, named ‘Lane Departure Avoidance’ and ‘Emergency Lane Departure Avoidance’, are derived from Autopilot, yet work while it’s not on, and are […]

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Tesla Semi spotted hauling trailer full of massive concrete blocks in Los Angeles

May 3, 2019 Simon Alvarez Syndicated Comments Off

Tesla’s red Semi prototype was recently sighted on the busy 405 freeway in Los Angeles while it was conducting what appeared to be a maximum weight range test. The all-electric big rig, which was accompanied by a Tesla Model X with manufacturer plates, was hauling a trailer loaded with large concrete blocks, suggesting that Tesla […]

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Tesla looking to raise $2 billion in fresh capital

May 2, 2019 Nora Manthey Syndicated Comments Off

Tesla filed for an offering of common stock and convertible notes and indicated that it would raise up to 2 billion dollars. $650 million are to come in the form of new equity and the other $1.35 billion in convertible notes. Also, Elon Musk will acquire $10 million in shares. News of the CEO buying […]

The post Tesla looking to raise $2 billion in fresh capital appeared first on electrive.com.

Tesla owners have highest average credit rating among car buyers, says study

May 2, 2019 Simon Alvarez Syndicated Comments Off

A recent study has found that Tesla owners are likely to have the highest average credit scores among customers looking to purchase a vehicle. The study, which was published this week by online lending firm LendingTree, noted that Tesla buyers on average have a credit score of 740, putting them on top of the survey’s […]

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Tesla’s Giga 3 factory shell takes shape as China works through Labor Day

May 2, 2019 Simon Alvarez Syndicated Comments Off

The progress of Tesla’s Gigafactory 3 in China has been nothing short of astounding. Recent images of the site reveal that as of May 2, roofing of the upcoming general assembly building is all but finished and parts of the facade are now being built, giving the appearance of a factory shell that is nearing […]

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Tesla seeks to raise another $2 billion after unprofitable quarter

May 2, 2019 Timothy B. Lee Syndicated Comments Off

For the last year, Elon Musk had said Tesla wouldn’t need to raise more cash.

Tesla’s in-car infotainment system ranked best in Consumer Reports survey

May 2, 2019 Simon Alvarez Syndicated Comments Off

A Consumer Reports survey has ranked Tesla’s in-car infotainment system as the best in the auto industry. Owners who participated in the organization’s poll gave Tesla’s infotainment system an impressive 86% satisfaction rate, ranking it highly in audio, calling, and navigation functions. Coming in at second place is BMW, whose owners ranked their vehicles’ infotainment […]

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Tesla (TSLA) files for capital raise, Elon Musk to acquire $10 million in shares

May 2, 2019 Simon Alvarez Syndicated Comments Off

Tesla (NASDAQ:TSLA) filed for an offering of common stock and convertible notes on Thursday. In a filing, the company indicated that it would raise up to $2 billion, with $650 million estimated to come in the form of new equity and the other $1.35 billion in convertible notes. TSLA shares initially fell in pre-market trading […]

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Tesla Model S driver walks away from violent head-on collision caught on video

May 2, 2019 Simon Alvarez Syndicated Comments Off

A Tesla Model S proved its 5-star safety rating during a major accident at the tunnels of Vallvidrera in Barcelona, Spain. As could be seen in footage of the crash, the owner of the all-electric sedan managed to walk away from a potentially fatal head-on collision seemingly unharmed. The accident, which happened last week, involved […]

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Tesla’s median employee pay vs. the median American in 2018 is surprising

May 2, 2019 Simon Alvarez Syndicated Comments Off

A recent proxy statement from Tesla has revealed that in 2018, a median employee of the electric car maker made $56,163, including salary or wages, performance bonuses, and stock awards. This figure is true for full-time, part-time, and temporary employees, excluding Elon Musk. According to data from the Federal Bank of St. Louis, the median […]

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