Thank god this guy chose to focus his energy and investments on transportation, one of the most-neglected fields from an investment perspective. Elon Musk’s interview is a testament to what one man can aspire and do to inspire a generation with his ideas.
Tesla Motors CEO Elon Musk discusses autonomous driving and how it will be available in cars in only a few years. He is confident that Tesla has the best collection of experts and would be the first company to launch a vehicle with significant ‘auto pilot” capabilities. As far as proliferation goes, Mr. Musk says we may be about 10 years away from widespread adoption of autonomous vehicle technology. Do you agree? Listen to his interview with Bloomberg Television.
Brilliant… and everything about Tesla Model S sounds better when the narrator sounds like Jason Statham (or is it Jason himself narrating it?). A bit of research showed that it is a part of NatGeo (UK)’s Megafactories Show, which has a ton of more such awesome things.. Check out the program’s website.
(via autobloggreen)
It is always an awesome sight to see how machines build another machine. As it happens, I can’t help but think if this venture succeeds, that would mark the first time Detroit really faced a serious challenge from Silicon Valley.. June 22nd, the announced delivery date for first batch of customers (other than the ones who got the Founder series) is just few days away and let’s see what is going to happen.. Hit or miss, you gotta love the boldness of Elon Musk to enter into this venture and fight the carmarking heavyweights of Detroit and other global auto industry powerhouses.
Going electric has its own benefits which include – Tax credits, rebate checks, personalized home visits, government giveaways — even customer service calls from top corporate executives.
Mr. McNaughton, a lawyer in Nashville, paid his $99 deposit, he has been bombarded with government incentives — promises of a $7,500 federal tax credit, a $2,500 cash rebate from the state of Tennessee, and a $3,000 home-charging unit courtesy of the Energy Department.
Precisely. It is all part of an unprecedented effort by federal, state and local governments to stimulate demand for cars that have zero tailpipe emissions — and Nissan’s pre-emptive bid to corner the all-electric market much the way that Toyota dominated the early hybrid market with the Prius.
The government subsidies are shaving thousands of dollars off the Leaf’s $32,780 sticker price, while other benefits are piling up, like free parking in some cities and the use of express lanes on highways usually reserved for cars with multiple passengers. In Tennessee, where a Leaf assembly plant is being built, Leaf drivers will be able to charge their vehicles free at public charging stations on 425 miles of freeways that connect Nashville, Knoxville and Chattanooga.
“It’s almost shocking how many subsidies are available on the Leaf,” said Jeremy P. Anwyl, chief executive of the auto research Web site Edmunds.com. “We are putting a lot of money behind this technology.”
All controversies aside, Elon knows how to make loads of money and mastered the art of having a ton of fun while raking cash.. Colbert, one of the best modern day comedic talk show host, gets to grill Musk..The result is captured in the video below..
Elon Musk, co-founder of PayPal, SpaceX, and electric car company Tesla Motors, sat down with Colbert Report host Stephen Colbert to talk about his latest venture, SpaceX.
Colbert listed Musk’s many accomplishments, then asked him: “Where do you find time for your secret identity as Batman? Because you’re either a superhero or a supervillain.”
“I’m mostly an engineer,” Musk said. “Oh yeah, engineer,” Colbert scoffed. “Bruce Wayne’s a banker.”
Colbert told Musk later, “You’re the future, man.”
Musk told Colbert that he hopes SpaceX, which successfully launched the Falcon 9 rocket into orbit this past June, will be ready in the next few years to take NASA astronauts into space.
(Source:Autobloggreen & Wired)
Image Courtesy: Wired - Wired's Editor-in-Chief Chris Anderson (L) talks with Tesla's Elon Musk (R)
Elon Musk, the CEO of Tesla Motors, is no stranger to controversy and has proved it time and again. Be it labelling a poor reporter “douchebag” or calling the Toyota Prius “not a true hybrid,” he has always had a way to get into controversies. Appearing at WIRED’s business conference, Disruptive by Design, in Manhattan yesterday and said the following while declaring that he’d like a chance to run Detroit:
It’s not out of the question to have unions, but if there’s going to be a union, they’d better understand that they’re on the same side as the company. I’m against having a two-class system where you’ve got the workers and then the managers, sort of like nobles and peasants […] Most of our experienced factory workers come from unionized environments, and we asked them what benefit did they see in unions. They said, ‘Well, if their boss was an asshole, they had recourse.’ “I said, ‘Let’s make a rule: There will be no assholes.’ I fired someone for being an asshole. And I only had to do that once, actually.
(Source: TeslaMotors@Twitter)
Looks like the German automaker, Daimler AG (maker of Mercedes vehicles) strongly feels about the growth of electric vehicles in the market. Early this morning TransportGooru received the hot alert from Tesla’s Tweet that Daimler has acquired 10% of the company. Sweet Deal!!! It will be a great & mutually beneficial relationship for both parties as it not only provides the much needed financial capital for Tesla, it also allows for collaborative development of technologies that will be deployed in the future platforms manufactured by either company.
• German automaker acquires nearly 10 percent of one of the leading electric vehicle companies
• Automakers agreed to cooperate in battery systems, electric drive systems and vehicle projects
The press release on Tesla’s Website is here for you to read..
May 19, 2009
– Daimler AG has acquired an equity stake of nearly 10 percent of Tesla Motors Inc. This investment deepens the relationship between the inventor of the automobile and the newest member of the global auto industry. Tesla is the only production automaker selling a highway capable electric vehicle in North America and Europe.
The two companies have already been working closely to integrate Tesla’s lithium-ion battery packs and charging electronics into the first 1,000 units of Daimler’s electric smart car. In order to benefit from each other’s know-how, the investment enables the partners to collaborate even more closely on the development of battery systems, electric drive systems and in individual vehicle projects.
“Our strategic partnership is an important step to accelerate the commercialization of electric drives globally,” said Dr. Thomas Weber, Member of the Board of Daimler AG, responsible for Group Research and Mercedes-Benz Cars Development. “As a young and dynamic company, Tesla stands for visionary power and pioneering spirit. Together with Daimler’s 120 years of experience in the automotive sector this collaboration is a unique combination of two companies’ strengths. This marks another important milestone in Daimler’s strategy for sustainable mobility.”
“Daimler has set the benchmark for engineering excellence and vehicle quality for more than a century. It is an honor and a powerful endorsement of our technology that Daimler would choose to invest in and partner with Tesla,” said Tesla Chairman, CEO and Product Architect Elon Musk. “Daimler is also on the leading edge in the field of sustainable mobility. Among others the lithium-ion pouch-cell battery developed by Daimler and especially designed for automotive applications is of interest to us. We are looking forward to a strategic cooperation in a number of areas including leveraging Daimler’s engineering, production and supply chain expertise. This will accelerate bringing our Tesla Model S to production and ensure that it is a superlative vehicle on all levels.”
Image Courtesy: Tesla Motors
As part of the collaboration, Prof. Herbert Kohler, Vice President E-Drive and Future Mobility at Daimler AG, will take a seat on Tesla’s board of directors.
This long-term partnership with Tesla complements Daimler’s multi-facetted strategy to advance the electrification of the automobile.
Daimler is also moving forward the industrialization of lithium-ion technology. In March, the company founded the Deutsche Accumotive GmbH, a joint venture with Evonik Industries AG. As a result, Daimler is the first vehicle manufacturer worldwide that develops, produces and markets batteries for automotive applications. This is based on a Daimler stockholding in Li-Tec, the German specialist for lithium-ion battery cells.
100 smart electric cars have already been undergoing large-scale trials in London since 2007. These electric vehicles are being tested in day-to-day assignments by fleet operators and private customers.
Later this year the smart assembly plant in Hambach, France, will start production of up to 1,000 units of the second-generation smart fortwo with electric drive, which will initially be used for mobility projects such as e-mobility Berlin or e-mobility Italy. This year Daimler is also starting small-series production of the Mercedes-Benz B-Class with a fuel cell drive system. In 2010 the company will introduce its first battery-powered Mercedes-Benz. As of 2012, Daimler plans to equip all smart and Mercedes-Benz electric vehicles with own produced lithium-ion batteries.
In 2004, Tesla began development of its first electric vehicle, the Roadster, which remains the only highway capable EV for sale in North America or Europe. The Tesla Roadster is the first production battery electric vehicle to travel more than 200 miles per charge and the first US- and EU-certified lithium-ion battery electric vehicle. This green supercar accelerates from 0 to 60 mph in 3.9 seconds yet gets the equivalent of 256 miles per gallon. The Roadster, which travels an estimated 244 miles per charge with zero tailpipe emissions, is the first production vehicle to break the historical compromise between automobile performance and efficiency.
The Tesla Model S builds upon the success of the Tesla Roadster by leveraging its technology into the world’s first fully electric sedan. Based in Silicon Valley, Tesla unveiled the Model S in March and plans to produce it in California starting in late 2011.
