Elon Musk announced that Tesla will unveil its robotaxi on August 8, a self-driving car without controls for a human to use. The plan is for Tesla cars equipped with Full Self-Driving Capability to gradually become better at driving, leading to fully autonomous taxis that can earn money for their owners by giving rides on their own.
Tesla Autopilot is an advanced driver-assistance system (ADAS) developed by Tesla that amounts to partial vehicle automation (Level 2 automation, as defined by SAE International). Tesla provides "Base Autopilot" on all vehicles, which includes lane centering and traffic-aware cruise control. Owners may purchase an upgrade to "Enhanced Autopilot" (EA) which adds semi-autonomous navigation on limited access roadways, self-parking, and the ability to summon the car from a garage or parking spot. The company claims the features reduce accidents caused by driver negligence and fatigue from long-term driving. Collisions and deaths involving Tesla cars with Autopilot engaged have drawn the attention of the press and government agencies.Full Self-Driving (FSD) is Tesla's branding for its beta testing program to achieve fully autonomous driving (SAE Level 5). The naming is controversial, because vehicles operating under FSD remain at Level 2 automation and are therefore not "fully self-driving" and require active driver supervision. FSD adds semi-autonomous navigation on city streets and the ability to respond to visible traffic lights or stop sign. As of February 2023, Tesla has about 360,000 participants in the FSD program. Industry observers and academics have criticized Tesla's decision to use untrained consumers to validate beta features as dangerous and irresponsible.The company's stated intent is to offer fully autonomous driving at a future time, acknowledging that technical and regulatory hurdles must be overcome to achieve this goal. Since 2013, Tesla CEO Elon Musk has made repeated inaccurate predictions for Tesla to achieve Level 5 autonomy, most recently predicting the end of 2023.
Elon Musk has reportedly canceled Tesla's plans to build a low-cost electric vehicle priced at $25,000, opting instead to focus on a robotaxi. The decision was communicated to employees in late February. Musk had initially mentioned the affordable EV in 2018 and speculated about producing up to 20 million of these vehicles annually. The more affordable EV would have been built on Tesla's next-generation platform, with production targeted for the end of 2025. This strategic shift follows increasing pressure from Chinese automakers producing affordable EVs.
Tesla, Inc. ( TESS-lə or TEZ-lə) is an American multinational automotive and clean energy company headquartered in Austin, Texas, which designs, manufactures and sells electric vehicles, stationary battery energy storage devices from home to grid-scale, solar panels and solar shingles, and related products and services.Tesla was incorporated in July 2003 by Martin Eberhard and Marc Tarpenning as Tesla Motors. The company's name is a tribute to inventor and electrical engineer Nikola Tesla. In February 2004 Elon Musk joined as the company's largest shareholder and in 2008 he was named CEO. In 2008, the company began production of its first car model, the Roadster sports car, followed by the Model S sedan in 2012, the Model X SUV in 2015, the Model 3 sedan in 2017, the Model Y crossover in 2020, the Tesla Semi truck in 2022 and the Cybertruck pickup truck in 2023. The Model 3 is the all-time bestselling plug-in electric car worldwide, and in June 2021 became the first electric car to sell 1 million units globally. In 2023, the Model Y was the best-selling vehicle, of any kind, globally.Tesla is one of the world's most valuable companies. In October 2021, Tesla's market capitalization temporarily reached $1 trillion, the sixth company to do so in U.S. history. In 2022, the company led the battery electric vehicle market, with 18% share. As of 2023, it is the world's most valuable automaker. Also in 2023, the company was ranked 69th in the Forbes Global 2000.Tesla has been the subject of lawsuits, government scrutiny, and journalistic criticism, stemming from allegations of whistleblower retaliation, worker rights violations, product defects, and Musk's many controversial statements.
The Tesla Cybertruck is a battery electric full-size pickup truck built by Tesla, Inc. since 2023. Introduced as a concept vehicle in November 2019, it features a triangular body design with flat sheet metal panels made of stainless steel.Tesla was initially aiming to bring the vehicle into production in 2021. After a series of delays, production Cybertrucks were first delivered to customers in late November 2023. As of December 2023, the Cybertruck is available only in North America. Three models are offered: the tri-motor all-wheel drive (AWD) "Cyberbeast", a dual-motor AWD model, and a rear-wheel drive (RWD) model, with EPA range estimates of 250–340 miles (400–550 km), varying by model.
The Tesla Model 3 is a battery electric mid-size sedan with a fastback body style built by Tesla, Inc., first introduced in 2017. It is marketed as being more affordable to more people than previous models made by Tesla. The Model 3 was the world's top selling plug-in electric car for three years, from 2018 to 2020, before being knocked from the top spot by the Tesla Model Y, a crossover SUV based on the Model 3 chassis. In June 2021, the Model 3 became the first electric car to pass global sales of 1 million. In November 2021, new features were added such as a power-operated trunk, heated steering wheel, new center console similar to the Model Y's with two wireless phone chargers, chrome trim replaced with matte black trim, USB-C ports, and a heat pump.An upgraded Model 3 with revamped interior and exterior styling was introduced in late 2023 for countries supplied by Tesla's Shanghai, China factory, and then in North America and other countries supplied by the Fremont, California factory in early 2024.
The Tesla Model S is a battery electric executive car with a liftback body style built by Tesla, Inc. since 2012. The Model S features a battery-powered dual-motor, all-wheel drive layout, although earlier versions featured a rear-motor and rear-wheel drive layout.Development of the Model S began prior to 2007, under the codename "WhiteStar". The Model S was officially announced on June 30, 2008, and a prototype vehicle was unveiled in March 2009. The Model S debuted on June 22, 2012. A revised, dual-motor, all-wheel-drive version, known as the 60D, debuted on October 9, 2014. The 60D was followed by the 70D, which made dual-motor and all-wheel drive the standard, followed by the 85D, P85D, and P90D. Along with these updates, Tesla offered the Autopilot driving assistance system. The first major design refresh came in April 2016 when the Model S was updated with a new front hood design. In October of the same year, hardware became standard that supports Tesla's Full Self Driving (FSD) capability. As part of the update, integrated standard cameras around the car were added. In February 2017 the Tesla Model S P100D debuted, which included a revised motor and was the first electric vehicle to have an EPA estimated range exceeding 300 miles (483 km). The second major design refresh, codenamed "Palladium", was introduced in June 2021, offering a new "Plaid" performance model, along with a revised interior, powertrain, and suspension.The Model S became the first electric car to top the monthly new-car-sales ranking in any country, leading twice in Norway, in September and December 2013 and in Denmark in December 2015. Sales passed 250,000 units in September 2018. The Model S was the top-selling plug-in electric car worldwide in 2015 and 2016, although it was later surpassed by the Model 3. Upon its release, the Model S received positive reviews, with praise for its acceleration and range, although initial models received criticism for their high cost and braking issues.
Experiments have been conducted on self-driving cars since 1939; promising trials took place in the 1950s and work has proceeded since then. The first self-sufficient and truly autonomous cars appeared in the 1980s, with Carnegie Mellon University's Navlab and ALV projects in 1984 and Mercedes-Benz and Bundeswehr University Munich's Eureka Prometheus Project in 1987. Since then, numerous major companies and research organizations have developed working autonomous vehicles including Mercedes-Benz, General Motors, Continental Automotive Systems, Autoliv Inc., Bosch, Nissan, Toyota, Audi, Volvo, Vislab from University of Parma, Oxford University and Google. In July 2013, Vislab demonstrated BRAiVE, a vehicle that moved autonomously on a mixed traffic route open to public traffic.In the 2010s and 2020s, some UNECE members and EU members and the UK have some rules and regulations related to automated and fully automated cars: In Europe, cities in Belgium, France, Italy and the UK are planning to operate transport systems for driverless cars, and Germany, the Netherlands, and Spain have allowed testing robotic cars in traffic.In 2019 in Japan, related legislation for Level 3 was completed by amending two laws, and they came into effect in April 2020.In 2021 in Germany, related legislation for Level 4 was completed.On 1 April 2023 in Japan, the amended "Road Traffic Act" which allows Level 4 was enforced.
Elon Musk's Tesla Roadster is an electric sports car that served as the dummy payload for the February 2018 Falcon Heavy test flight and became an artificial satellite of the Sun. A mannequin in a spacesuit, dubbed "Starman", occupies the driver's seat. The car and rocket are products of Tesla and SpaceX, respectively, both companies headed by Elon Musk. The 2010 Roadster is personally owned by and previously used by Musk for commuting to work. It is the first production car launched into space.The car, mounted on the rocket's second stage, was launched on an escape trajectory and entered an elliptical heliocentric orbit crossing the orbit of Mars. The orbit reaches a maximum distance from the Sun at aphelion of 1.66 astronomical units (au). Live video of the Roadster during the launch was transmitted back to the mission control center and live-streamed for slightly over four hours.Advertising analysts noted Musk's sense of brand management and use of new media for his decision to launch a Tesla into space. Musk explained he wanted to inspire the public about the "possibility of something new happening in space" as part of his larger vision for spreading humanity to other planets.
The Tesla Roadster is a battery electric vehicle sports car, based on the Lotus Elise chassis, produced by Tesla Motors (now Tesla, Inc.) from 2008 to 2012. The Roadster was the first highway legal, serial production, all-electric car to use lithium-ion battery cells, and the first production all-electric car to travel more than 244 miles (393 km) per charge. It is also the first production car to be launched into deep space, carried by a Falcon Heavy rocket in a test flight on February 6, 2018.Tesla sold about 2,450 Roadsters in over 30 countries, and most of the last Roadsters were sold in Europe and Asia during the fourth quarter of 2012. Tesla produced right-hand-drive Roadsters from early 2010. The Roadster qualified for government incentives in several nations.According to the U.S. EPA, the Roadster can travel 244 miles (393 km) on a single charge of its lithium-ion battery pack. The vehicle can accelerate from 0 to 60 mph (0 to 97 km/h) in 3.7 or 3.9 seconds depending on the model. It has a top speed of 125 mph (201 km/h). The Roadster's efficiency, as of September 2008, was reported as 120 miles per gallon gasoline equivalent (28 kW⋅h/100 mi) (2.0 L/100 km). It uses 21.7 kWh/100 mi (135 Wh/km) battery-to-wheel, and has an efficiency of 88% on average.
Tesla, Inc. has been criticized for its cars, workplace culture, business practices, and occupational safety. Many of the criticisms are also directed toward Elon Musk, the company's CEO and Product Architect. Critics have also accused Tesla of deceptive marketing, unfulfilled promises, and fraud. The company is currently facing criminal and civil investigations into its self-driving claims. Critics have highlighted Tesla's downplaying of issues, and Tesla's alleged retaliation against several whistleblowers.The safety and quality of Tesla cars and services have been questioned. There have been hundreds of reports of sudden unintended acceleration, brake failures, and "whompy wheels" – collapsing wheels due to faulty car suspension. These safety and quality problems have been compounded by the poor wait times of Tesla's customer service. Some features such as Autopilot, Full Self-Driving beta, and Passenger Play (a feature allowing riders to play Tesla games while in motion) have been criticized for their careless deployment. Critics have noted that some Tesla cars have had poor build quality due to rushed testing, leading to a high ratio of flawed vehicles. Others criticized the company's "stealth" vehicle recalls, requiring customers to sign non-disclosure agreements.Relationships between Musk, Tesla board members, employees, and unions have been complicated, partly resulting in a high turnover rate. Employees have reported poor treatment and policies, resulting in a high injury rate, with some having faced sexual harassment, racism, and union-busting incidents. Tesla's environmental practices, use of cryptocurrencies, and compliance with open source licenses have been mentioned by critics. Detractors also claim that Tesla and Musk's public relations activities have been used to deflect criticisms.Musk and his company have been repeatedly accused of engaging in fraud, such as in their buyout of SolarCity, selling defective vehicles, overpromising, and posting reckless tweets. One tweet resulted in Musk agreeing to pay a fine and step down as Tesla's chairman. Proponents and opponents of Tesla consistently accuse each other of conflict of interests, believing Tesla's stock valuation is either under- or over-valued.
Three engineers have left Tesla to join Elon Musk's AI startup xAI, prompting Musk to hike salaries for Tesla's AI engineering team in response to aggressive recruiting by OpenAI. Musk's push for more control over Tesla's AI strategy includes recent moves to retain talent and foster influence within the company.
The Tesla Model Y is a battery electric mid-size crossover SUV produced by Tesla, Inc. since 2020. The vehicle was presented in March 2019 as the company's fifth production model since its inception after the Roadster, Model S, Model X and Model 3.After its 2019 introduction, the Model Y started production at the Fremont Factory in California, US in January 2020. Production at Giga Shanghai, China was added in December 2020, and at Giga Texas, US since late 2021. Deliveries from Giga Berlin, Germany started in March 2022.The Model Y is based on the Model 3 sedan, with around 76 percent of parts being shared between the two. While most Model Y are configured with two-row seating, in the US the Model Y offers optional third-row seats for a seven-passenger seating capacity.In 2023, Tesla delivered 1.2 million Model Ys, making it the world's best-selling vehicle that year, surpassing Toyota Corolla and becoming the first electric vehicle to claim that title. With at least 2.16 million units delivered since its start of production up to December 2023, the Model Y is also the most popular electric vehicle of all time.
Tesla is sending a team from the United States to India by late-April to explore sites for a proposed $2 billion to $3 billion electric car plant in Indian states like Maharashtra, Gujarat, and Tamil Nadu. The move comes as Tesla aims to tap into India's growing EV market, where EVs accounted for about 2% of total car sales in 2023, with a government target of 30% by 2030. India recently lowered import taxes on certain EVs to incentivize local manufacturing, aligning with Tesla's plans.
Elon Musk is boosting pay for Tesla's AI engineers to deter poaching by OpenAI, as revealed in a series of X posts. OpenAI, under Sam Altman, has been aggressively recruiting Tesla engineers. Musk describes the current AI talent war as the craziest he's seen, with Tesla responding by increasing compensation for its AI team. OpenAI is a leader in generative AI, prompting Musk to launch xAI as an alternative. This move comes amid high demand for AI engineers despite layoffs in other tech sectors.
Tesla is reducing prices of unsold Model Y SUVs in the U.S. by up to $7,500 to address an inventory surplus, with some long-range and performance models seeing discounts of $5,000 to $7,000. The company built 433,371 vehicles in the first quarter but only delivered 386,810, resulting in a significant excess inventory. Tesla's quarterly report showed a 20% drop in deliveries from the prior quarter and 8% from the previous year, indicating a year-over-year decline for the first time since 2020.
Tesla experienced a sharp decline in sales in the first quarter of 2023, delivering 386,810 vehicles worldwide, almost 9% below the previous year's sales. Factors contributing to this decrease included increased competition in the electric vehicle market, slowed growth in EV sales globally, and unsuccessful price cuts. Challenges such as phasing in an updated Model 3, plant shutdowns, and an arson attack in Germany were also cited. Analysts had anticipated 457,000 deliveries, highlighting a significant shortfall. Analysts warn that CEO Elon Musk must steer the company back on track to avoid potential disruptions in Tesla's long-term narrative.
Tesla most commonly refers to:Nikola Tesla (1856–1943), a Serbian-American electrical engineer and inventorTesla, Inc., an American electric vehicle and clean energy company, formerly Tesla Motors, Inc.Tesla (unit) (symbol: T), the SI-derived unit of magnetic flux densityTesla may also refer to:
Tesla faced its first annual drop in sales attributed to increased competition in the electric vehicle market from both Chinese and Western automakers. The company built 433,000 vehicles but delivered only 387,000, down from 484,507 deliveries in the prior quarter. Price cuts to combat competition have squeezed profit margins, leading to a 5% drop in stock price. Tesla lost its title as the world's best-selling EV maker to Chinese BYD. Production issues at Fremont and disruptions in shipping routes also contributed to the decline. Analysts expected sales between 414,000 and 440,000 vehicles for the quarter.
Tesla is being sued in a proposed class action lawsuit for wage law violations in California, with former employees seeking over $5 million in damages. Accusations include failure to pay overtime, provide meal and rest breaks, sick leave, reimburse work expenses, and describe quotas. The company also faces allegations of tolerating race discrimination and harassment, denying wrongdoing. CEO Elon Musk is accused of violating workers' rights by discouraging unionization. Additionally, Tesla is set to go to trial over a lawsuit involving the death of an Apple engineer in a crash involving Tesla's autopilot.
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