Technology U.S. auto safety agency notes Tesla accidents with 'Smart Summon' feature
Tesla delays price hike for self-driving upgrade
You'll still have at least a few more weeks to order a Tesla with the Full Self-Driving upgrade before the price hike kicks in. Elon Musk said Tesla had "postponed" the $1,000 increase until cars received version 10 software with "smart summon" (aka Enhanced Summon) enabled. He expected that to happen within four to eight weeks, although that depended on how well early access testing went. The feature has Tesla's cars automatically navigate toward you in the parking lot. You wouldn't have to park toward the front of a store just to avoid a lengthy walk. Whether or not Tesla makes that target window isn't clear.
WASHINGTON (Reuters) - The U.S. National Highway Traffic Safety Administration (NHTSA) said Wednesday it is aware of reports of minor crashes involving Tesla Inc's Smart Summon feature that allows people to retrieve a parked vehicle remotely by using an app.
Several users have posted videos on social media of Tesla vehicles that appear to have been in near accidents, while one posted a video of a Tesla striking a garage wall and another of a Tesla being struck by a vehicle backing up.
NHTSA said it "is aware of reports related to Tesla’s Summon feature. We are in ongoing contact with the company and we continue to gather information."
Tesla did not immediately respond to a request for comment.
The feature is intended to work in parking lots when the user is within line of sight of the vehicle.
(Reporting by David Shepardson)
Mood'ys agency tough on TeslaThe Mood'ys agency has decided to lower the rating of American automaker Tesla. From "Caa1", Tesla has arrived at the rating of "B3". A new blow to the CEO of the company Elon Musk, after a fatal accident involving a car company.
The bad news is linked to Tesla. The rating agency Moody's has lowered the rating of the US car manufacturer "Caa1" to "B3" Wednesday, March 28, because of production problems that meets the manufacturer of electric vehicles and a risk of lack of liquidity. This news was badly received on Wall Street where the title lost more than 6% in the first exchanges. Tuesday, it had already yielded 8.22%, after the opening of an investigation by the NTSB, the US transport regulator, following a fatal accident involving a Tesla vehicle.
This accident has accentuated investors' worries about the future of the company, founded in 2003 by the charismatic and South African entrepreneur Elon Musk, who is also now facing fierce competition from Porsche and Jaguar in particular. Moody's has decided to lower the company's rating to "Caa1" against "B3" previously and has added a "negative" outlook, suggesting that the agency plans to degrade it further in the medium term.Downgraded targets
"Tesla's rating reflects model 3 production gap and company also faces liquidity pressures due to negative cash flow" and two debt repayment maturities, including a $ 230 million line of credit in November and another $ 920 million in March 2019, says the agency.
After recording an explosion of orders for the Model 3, its new entry-level vehicle supposed to open the garages of millions of households around the world, Tesla has set production targets he has had to revisit markedly downward due to "bottlenecks". It no longer plans to produce only 2,500 copies per week by the end of the current month and to increase to 5,000 a week from the end of June. The initial targets were 5,000 vehicles per week at the end of 2017 and 10,000 by the end of 2018. Moody's added that its pessimism also rests on the fact that the company will have to go into debt with the markets to refinance maturing and avoidable bonds. to run out of cash. Any revision of the production targets would also lead to a further lowering of the rating, warns the rating agency.
Tesla Autopilot Now Handles Construction Cones With Ease .
Not only does the new feature work with Smart Summon, but also with Autopilot. Earlier this week, we shared that Tesla's built-in cameras actually"see," identify, display, and avoid construction cones while using the vehicles' Smart Summon feature. The cones show up on the Tesla screen much like cars and trucks do. This is a huge step forward in the Silicon Valley automaker's development of its Full Self-Driving technology.It comes as no surprise that the cones are visible on the screen while driving your Tesla, and are shown in Autopilot mode.
U.S. investigation launched after man killed in Tesla autopilot highway accident
The U.S. National Highway Traffic Safety Administration has opened a preliminary investigation into Tesla Motors after a driver of a Model S was killed while ...
Tesla Q3 2018 Earnings Call - Financial Results and Q&A Webcast [LIVE]
Tesla will post its financial results for the third quarter of 2018 after market close on Wednesday, October 24, 2018. Join our community Q&A and chat here: ...