Electric car

The Danish government recently announced the phasing out of tax breaks for electric vehicles starting next year. The new provision would increase the price of all-electric cars significantly, but even more so for luxury vehicles like the Tesla Model S, which could see its price increase by as much as 180%.

As I speculated in a recent piece: “Denmark’s tax increase on electric cars could be a blessing in disguise for Tesla“, potential buyers could rush to secure the purchase of electric vehicles before the end of the tax break, which would create a surge in EV registrations during the last quarter of the year.

Earlier today, tax minister Karsten Lauritzen confirmed that such a surge happened, but he claimed that it could be due to an “illegal bulk purchase” of 2,500 cars from Tesla.
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Last month, Consumer Reports stopped recommending the Tesla Model S because the vehicle scored below average on its reliability survey. Following the announcement, Tesla’s stock price went down by 10%.

The pulling of its recommendation was a surprise to many since just a few weeks before, the magazine grabbed headlines by announcing that the Model S “broke” its rating system by scoring 103 out of 100.
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After just over a year at Apple, former Mercedes R&D chief Johann Jungwirth left the company earlier this month to join Volkswagen AG as the new ‘Head of Digital Transformation’. Even though his official title at Apple was “Director of Mac Systems Engineering”, the executive was rumored to be working on the company’s electric car codenamed “Project Titan” due to his extensive automotive background and the timing of the hire, which was followed by several other engineering hires with experience in the auto industry.
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Tesla released on its Youtube channel a series of short promotional videos featuring the different functions of the Autopilot: Autopark, Auto Lane Change and Autosteer.

You can watch the videos below the fold:
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Over a year after Elon Musk first announced in his now famous “All Our Patent Are Belong To You” blog post that Tesla will be open-sourcing all its patents. We now have the first confirmation that some automakers have actually taken Tesla on the offer.

During an interview with Ron Baron last Friday, Tesla CEO Elon Musk very briefly mentioned for the first time that he believes companies are now using Tesla’s patents:

“I think actually there are a number of companies using our patents.”

Musk’s comment was in response to Baron asking why companies are not taking advantage of Tesla’s technology considering it is “free” and that the company is achieving higher safety and emission standard than the competition.
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Although Apple has yet to confirm the existence of “Project Titan,” it seems like every week brings a new clue that the company is indeed working on an electric car. We learned that Sixty Eight Research, a sketchy firm widely believe to be a front for Apple’s effort in the automotive business, recently attended the 17th Global Car Body Benchmarking Conference in Germany.
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It looks like Tesla is set to update its key fob with Bluetooth Low Energy (BLE) according to FCC documents first reported by The Verge. Tesla’s current key runs at 315 MHz like most other electronic key fob, but the new version was tested for Bluetooth Low Energy, which is most popular for its capacity to become a short-range finder beacon.
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Tesla recently reported its third quarter financial results and the company disclosed delivery guidance for 2016. Tesla expects to produce and deliver between 1,600 and 1,800 vehicles per week on average next year – meaning a yearly total of 83,200 to 93,600 units. If the company can achieve the higher end of its guidance, it would deliver more cars in a year than it did since the company was founded in 2003.

The automaker delivered 11,603 cars from July through September, which made the last quarter its best to date, but the company is aiming to significantly increase production this quarter in order to deliver between 17,000 to 19,000 units during the last three months of year.
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Adam Jonas, a Managing Director at Morgan Stanley covering Tesla Motors and the automotive industry, is nothing if not persistent. During Tesla’s recent conference call to discuss third quarter financial results, the analyst again asked Tesla CEO Elon Musk about the possibility for the company to join the likes of Uber and Lyft in the ride-sharing industry.

Jonas first brought up the idea at Tesla’s last quarterly conference call after comments made by Tesla board member Steve Juvertson about Uber CEO Travis Kalanick potentially wanting to buy 500,000 autonomous Teslas by the end of the decade. First time around earlier this year, Jonas got a firm “no comment” from Musk, but nonetheless the CEO called his question “insightful” at the time. The second time around during this week’s call, Jonas pushed the question again and although Musk’s first reaction was not to comment, which is rare for the CEO, he implied that an announcement could be coming.
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Since the unveiling of the Chevy Bolt at the 2015 Detroit Auto Show, there’s been some scepticism about the planned nationwide availability of the all-electric vehicle, presumably due to GM’s track record of producing compliance cars when it comes to electric vehicles. The Chevrolet Spark EV is primarily available in CARB states in order to comply to regulations and the company recently confirmed that the 2016 version of the Volt will also only be offered in CARB states.

But GM says it will not be the case for the Bolt and the company recently reaffirmed its intention to launch the all-electric vehicle in all 50 states.
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Digital license plates are a relatively new concept that could open up the transport industry to an array of new features. Beyond the Big Brother-like properties the implementation of the technology could enable, like location tracking or alerts for expired registrations, it could also greatly facilitate fleet management and transfer of ownership – things that are crucial for the future of mobility to embrace autonomous driving and ride-sharing.

We learned that among Apple’s hundreds of recent hires with automotive experience, the company hired a veteran software engineer with an expertise in fleet management software and especially digital license plates.
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Tesla Motors announced the renewal of its $1,000 referral program for the Model S for 2 more months after the end of the first trial period on October 31. It’s fair to say that the program was a success with a single Model S owner selling 100 cars in only 3 months and hundreds of top referrers selling several thousand vehicles.

The company introduced a few new prizes for top referrers including free Ludicrous P90D Model S’s and invitations to the unveiling of the Model 3 expected in late March 2016.
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Faraday Future announced this morning a planned first phase investment of $1 billion in a U.S. manufacturing facility, which should be announced in the “coming weeks”. The announcement comes just a week after our profile on the company, which linked the firm to the deep pocket Chinese technology company, LeTV.
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During the conference call discussing the company’s third quarter financial results yesterday, Tesla CEO Elon Musk was asked about the company’s recurring problems with the drive units of the Model S. Musk assured investors that the drive units being installed in the vehicles right now or “excellent” and he even stated that the company changed its endurance goal for the motors from being able to handle 200,000 miles to now 1 million miles.
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Tony Fadell, often called the “father of the iPod” and now CEO of Alphabet’s Nest, is on Bloomberg TV today to discuss his time at Apple, the future of mobility and his current effort in the connected home industry. During the interview, Fadell revealed that back in 2008, he had discussions with then Apple CEO Steve Jobs about what an ‘Apple car’ would look like and how the company could approach such a project…
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Tesla CEO Elon Musk held a conference call today to discuss the company’s third quarter financial results with analysts. During the call, Musk commented on the recent release of the Autopilot and the technology going forward. When asked how he sees the market with full autonomous driving and manual driving vehicles, the CEO said that once self-driving cars are being produced, non-autonomous cars will have a “negative value” and be the equivalent of owning a horse – meaning it would be for “sentimental reasons”.
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