In its most recent shareholders’ meeting Tesla Motors CEO Elon Musk noted that the Tesla Model 3 is the highest revenue producing car in the U.S. and fourth best-selling by unit volume. He also noted Tesla’s vehicles’ industry-leading fuel efficiency and range.
Musk took the further step of emphasizing the lower cost of
After two years of wrestling with and at least partially resolving fraud charges over its “defeat device” to manipulate emissions testing results, Volkswagen emerged in 2018 as the flag-bearer for electrification in the U.S. The company also concluded 2018 as the largest producer of passenger cars in the world.
In spite of or … Read More
The latest reliability report from Consumer Reports which dumped on domestics and rained glory upon Asian imports highlighted a conundrum facing car makers. The more effort car makers put into innovation, the greater the risk of consumer confusion, system failure and lousy reliability scores.
The picture is even worse if one… Read More
Steve Jobs wanted to build an electric car as far back as 2008. In 2014, Tim Cook reportedly funded the project. To date, though, Apple has had little to show for it, and the rumors are that its electric vehicle will launch as late as 2025— long after such things become common commodities. Google has already had self-driving electric… Read More
It must be a measure of the dim view taken of the automotive industry by Silicon Valley types that of the 294 slides in Mary Meeker’s annual Trends presentation delivered at this year’s Code Conference less than 10 of those slides refer to transportation. The Kleiner Perkins Caufield & Byers partner even managed to avoid… Read More
TSMC warns soft phone/crypto & flat capex!
Does this impact DRAM?
Can Intel keep Apple?
We love Tesla (Model 3)!… Read More
In “Willy Wonka and the Chocolate Factory” circa 1971, Gene Wilder plays a vaguely misanthropic Willy Wonka who leads the young winners of his golden wrapper contest on a tour of the seven deadly sins within his candy factory and labs. (Who can forget Augustus Gloop?) At one point, Mike Teavee, a television-obsessed… Read More
Jalopnik’s report that car maker Fiat Chrysler Automobiles (FCA) had experienced a failed software update that had thrown the infotainment systems in some MY 2017-18 vehicles into a never-ending cycle of rebooting was a reminder that cars are indeed becoming smartphones on wheels. Blackberry CEO John Chen has no doubts… Read More
Tesla’s stock price recently took a hit because of concerns about its delivery capabilities and about increasing competition from carmakers who are switching their product lines to electric. With a market cap still exceeding $50 billion, it can be easy to argue that Tesla’s price remains severely inflated, especially when you… Read More
Elon Musk, the tech billionaire and CEO of Tesla, was quoted as saying Artificial Intelligence (AI) is the “Greatest Risk We Face as a Civilization”. He recently met with the National Governor’s Association and advocated for government involvement and regulations. This seems to be a far cry from the government-should-leave-the-market-alone… Read More
