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Germany-based Berenberg has upgraded Tesla (NASDAQ:TSLA) to a ‘Buy’ rating from ‘Hold’, citing the Elon Musk-led electric car maker has a ‘near-monopolistic opportunity’ and won’t face mass-market EV competition from traditional manufacturers. The firm also raised Tesla’s price forecast from $193 to $464, representing a near 30% rally from Monday’s close. Berenberg’s Alexander Haissl explains in a note to clients sent Monday that big automakers looking to enter the electric vehicle space have ‘no clear pathway to high-volume EV production’, as they face a steep uphill battle against Silicon Valley-based Tesla. First deliveries of Tesla’s mass market Model 3 that’s seen a…
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First crash test videos showing a Tesla Model X undergoing a series of violent crashes have been published by the National Highway Traffic Safety Administration (NHTSA). The crash tests consisting of a head on collision, a side crash, and one that simulates a side impact against a pole, highlights Tesla’s impressive safety-first design of the vehicle. Like the Model S, Model X boasts spacious front and rear crumple zones that absorb crash energy and protect occupants from harm. The vehicle’s floor-mounted battery keeps the Model X’s center of gravity extremely low to the ground, making a rollover near impossible. The crash test videos also show the effectiveness of Model…
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This article first appeared on: Jaguar Land Rover has disclosed a $25M investment into ride-sharing company Lyft. Founded in 2012, the new investment follows a $600M round that was raised by Lyft in April, bringing a total of $2.6B raised to date. Lyft has proven to be aggressive with partnerships, forging a massive partnership with GM last year and a recent collaboration with Google’s Waymo. Jaguar Land Rover’s investment into the company comes directly from their venture capital arm, InMotion, which the company created to invest in forward-thinking mobility companies. So far the venture has taken positions in six investments; Lyft, GoKid, Sheprd, SPLT, Synaptiv, and t…
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A Tesla owner with a long and well documented history of problems related to their Model X took to Reddit to share an email they sent to their local Tesla Service Manager, in hopes that it would raise awareness about safety related issues they experienced during their ownership. Using the title “My Model X 90D Driver Side Falcon door opened on Freeway driving 65mph with my 6 y.o. sitting next to it”, Redditor myteslastory solicited public feedback from a community of over 116,000 Tesla owners and enthusiasts. “any input as to how we can share our story for child safety and expedite our refund from Tesla would be appreciated.” recounts myteslastory. The community resp…
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LC-39A undergoing repairs and tests after the launch of CRS-11. (/r/SpaceX) SpaceX is in the process of preparing to launch BulgariaSat-1, with the first attempt scheduled for Saturday, June 17th between 2:10 p.m and 4:10 p.m. EST. BulgariaSat-1 will be Bulgaria’s second satellite ever and will act as a telecommunications hub in geostationary orbit, around 30,000 miles above Earth. Following a highly successful launch and docking of the eleventh cargo mission of its Dragon spacecraft, Launch Complex 39A has since undergone routine checks to verify its condition and has likely been lightly repaired. The static fire for the upcoming mission is scheduled as early as tomor…
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1,600-Year-Old Paintings of Christ Discovered in Roman Catacombs By Owen Jarus, Live Science Contributor | June 12, 2017 06:31am ET An image of Christ seated on a throne surrounded by his apostles can be seen in a burial chamber in the catacombs of St. Domitilla in Italy. Credit: Photo courtesy Pontificia Commissione di Archeologia Sacra The ancient catacombs of St. Domitilla sprawl for more than 10 miles (17 kilometers) in a labyrinth of tunnels beneath Rome and contain numerous tombs, many belonging to the city's elite. Now, using a technique called laser cleaning, in which lasers are used to remove centuries of grime, researchers have uncovered…
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Consumers curious about what the interior of the Tesla Model 3 were just dealt the motherload of all sneak peeks. Imgur exploded with pictures of the Model 3 steering wheel, center touchscreen and accompanying software, giving fans the most in-depth look at the interior to date. We’re also seeing for the first time Tesla’s plan to integrate Autopilot controls directly into the driving stalk. The post Tesla Model 3 interior photos: Autopilot stalk, steering wheel and touchscreen controls appeared first on TESLARATI.com. Via
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Tesla Model S owner James Hansbert has published a video that demonstrates Tesla’s latest Autopilot 2.0 firmware update that includes a new control algorithm, said to make the vehicle feel ‘as smooth as silk’ according to CEO Elon Musk. Hansbert is one of the early few to receive the over-the-air update of firmware version 8.1 (17.22.46). Tesla will issue a wide release of the update to all hardware 2 equipped Model S and Model X next weekend. Hansbert’s driving video demonstrates that while the new firmware does improve Autopilot performance in certain areas like tracking a lane through an intersection, it also comes up lacking in areas where older firmware versions…
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This article first appeared on: Uber’s board of directors met on Sunday to discuss the results of an internal investigation on Uber’s workplace practices as conducted by former U.S. Attorney General Eric Holder. The board will also be discussing CEO Travis Kalanick leave of absence from the ride-hailing start up. Kalanick has been accused that his leadership has fostered a dangerous culture within the company, leading to an internal investigation into sexual harassment claims. Along with Kalanick’s departure, Uber’s Chief Business Officer, Emil Micheal, will be departing the company. According to the Wall Street Journal, Micheal may be resigning as soon as Monday. …
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