Tesla reports first profit in two years, up nearly $22M for Q3

October 27, 2016 by  
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It’s a no-brainer that Tesla churns through capital as if there were no tomorrow, but for this high-tech company led by one of the world’s favorite evil geniuses , the future is bright. For the first time in two years, Tesla reports turning a profit . With the California-based company’s latest financial release to shareholders , CEO Elon Musk and his team revealed Tesla earned a tidy profit of $21.9 million for the third quarter of 2016. While many businesses would be considered a failure if they didn’t make a profit within the first two years, Tesla’s expensive research and development ventures put them in a different category. After all, this is not just another car company. Musk leads the company into worlds of wild innovation: fully electric and autonomous luxury vehicles, a giant sustainable battery factory in Nevada, and soon a solar rooftop venture developed in partnership with SolarCity. Related: Elon Musk plans to unveil solar roof and Powerwall 2.0 on October 28 Tesla’s recent profits aren’t a fluke, though. The company seems to be doing very well in all aspects of its business. The report also boasts record production numbers, deliveries, and overall revenue, including a 59-percent sales bump for the Model S year-over-year last quarter. Tesla’s letter to shareholders also reported that orders for the Model S and X were up 68 percent over the same period last year. The company is still on target to produce 50,000 by the end of 2016, and is on track to begin delivering the new Model 3 in late 2017. Musk will be back in the spotlight Friday to unveil the Tesla/SolarCity solar roof , which he promises will be “really great.” Via Engadget Images via Tesla

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Tesla reports first profit in two years, up nearly $22M for Q3

Air Shepherd drones hunt poachers using cyanide to poison Zimbabwe wildlife

October 27, 2016 by  
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An elephant is slaughtered every 14 minutes in Africa , according to a group called Air Shepherd that is utilizing drones to fight this horrifying trend. Their drones can obtain information at night when it’s hard for rangers to work, and monitor large swaths of land to search for animal poachers poisoning watering holes with cyanide. Not content to rest on their laurels, however, Air Shepherd is currently raising funds through their Indiegogo campaign to boost the volume of their drone flights. Air Shepherd, which is sponsored by the Lindbergh Foundation , harnesses technology to protect elephants and rhinos that are being poached with unprecedented regularity. Collaborating with the World Wildlife Fund , Air Shepherd flies drones in Zimbabwe ‘s Hwange National Park, covering more ground than rangers can on foot. If they see suspicious activities, they report it to rangers who can then go in on the ground and stop would-be poachers. The drones can fly at night, when poachers sneak in to poison watering holes, but when it’s difficult for rangers to operate effectively. Related: Could printing synthetic GMO rhino horns help save real rhinos from extinction? Air Shepherd’s head of drone operations Otto Werdmuller Von Elgg said in a statement, “Historically, there has been little ability for anti-poaching operations to work at night. You can’t see tracks, it’s difficult to see people, and it’s dangerous because the anti-poaching teams can walk onto elephants, rhinos, or buffaloes. Our night-time operations change the game in favor of the elephants and in the case of Zimbabwe we are in a unique position to help monitor the park during the day to spot poachers who are using cyanide.” Death by cyanide is agonizing for elephants, and often poachers come in to hack off their tusks before they are dead. But it’s easy for poachers to obtain cyanide, which enables them to kill a large quantity of animals in silence. Air Shepherd’s drones work to end the slaughter, and they’re hoping to send out even more teams to accelerate their work. Through money raised in the Indiegogo campaign, Air Shepherd hopes to outfit two new drone teams. Their initial goal was to raise $50,000, and they’ve already raised over $60,000. Their new goal is $200,000; you can back the campaign here . + Air Shepherd + Lindbergh Foundation Images via Air Shepherd Facebook

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Air Shepherd drones hunt poachers using cyanide to poison Zimbabwe wildlife

Tesla recalls the Model X due to defective seats

April 13, 2016 by  
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Tesla has announced the recall of 2,700 Model X crossover vehicles in order to fix an issue with the third row seat, which can fold forward and unlatch itself during an accident. Tesla discovered the issue during internal testing and thankfully it hasn’t received any reports of injuries or accidents due to the faulty rear seats. Read the rest of Tesla recalls the Model X due to defective seats

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Tesla customers are finally getting their Model X SUVs after years of patient waiting

December 18, 2015 by  
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Some Tesla fans are gearing up for exceptionally happy holidays, as signature series Model X   deliveries are being scheduled for possibly hundreds of customers. The news emerged quietly, as drivers—who shelled out $40,000 a few years ago to score one of these all-electric SUVs—began posting about their delivery dates on social media. Tesla launched the Model X just a few short months ago, at first delivering the Founders Series models to insiders who worked on the car’s development. Although consumer deliveries for the Model X weren’t expected to begin until 2016, some have reported delivery dates as early as this weekend. Read the rest of Tesla customers are finally getting their Model X SUVs after years of patient waiting

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Tesla customers are finally getting their Model X SUVs after years of patient waiting

The Tesla Model S can now drive, park and brake without relying on a human driver

October 15, 2015 by  
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Tesla is finally rolling out the long-awaited “self-driving” update for the Model S software today (15 October), giving the electric vehicles the ability to drive, park, and brake without relying on a human driver. It’ll probably be best if you don’t hop into the backseat just yet, though, since Tesla’s self-driving feature is still intended to assist the driver, rather than take over the car’s operations completely. CEO Elon Musk  promises this is just the first of many self-driving updates that will give Tesla cars expanded capabilities in the coming months and years. Read the rest of The Tesla Model S can now drive, park and brake without relying on a human driver

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The Tesla Model S can now drive, park and brake without relying on a human driver

Tesla’s Elon Musk tweets, but quickly deletes, about a new Model Y

October 7, 2015 by  
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It’s only been a week since Tesla officially revealed the Model X crossover and the automaker is already in the news again. Tesla is reportedly working on a smaller crossover and CEO Elon Musk might have just revealed its name on Twitter. A few days ago Elon Musk posted on Twitter that the company is working on two new models, the already confirmed Model 3 and another model called the Model Y. But then he quickly deleted the tweet. Read the rest of Tesla’s Elon Musk tweets, but quickly deletes, about a new Model Y

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Tesla’s Elon Musk tweets, but quickly deletes, about a new Model Y

Watch the Tesla Model X unveil live here

September 29, 2015 by  
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After years of making us wait, Tesla is finally about to launch the Model X – the company’s very first SUV – at a live event in Fremont, California. Starting at 8pm PT tonight, Tesla will be live streaming the big reveal and you can watch it all unfold right here. Not only will you be able to get a look at the much-anticipated all-electric vehicle, and witness the very first Model X deliveries to customers, but CEO Elon Musk never disappoints during his speeches, so you definitely won’t want to miss this. + Tesla

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Watch the Tesla Model X unveil live here

Elon Musk says Tesla could have a 600-mile range electric car by 2017

September 28, 2015 by  
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Currently the Tesla Model S surpasses any other electric vehicle on the market with its 265-mile driving range, but the automaker isn’t stopping there. Tesla Motors CEO Elon Musk recently announced that Tesla may be able to increase that range to 600 miles as soon as 2017 and by 2020, the driving range could climb even higher to around 725 miles on a single charge. Read the rest of Elon Musk says Tesla could have a 600-mile range electric car by 2017

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No, Tesla doesn’t lose $4,000 every time they sell a Model S

August 12, 2015 by  
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Since Tesla’s second quarter earnings report, catchy headlines have been popping up saying the company is losing $4,000 for every car sold. That figure has been arrived at by some simple math: Tesla reported an operating loss of $47 million for April, May, and June, and in that time, they sold 11,532 cars. Divide the loss by the number of cars sold and you arrive at a $4,000 loss per car. Except, as any Chief Financial Officer will tell you, companies are far more complicated than that. Read the rest of No, Tesla doesn’t lose $4,000 every time they sell a Model S

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Tesla reveals ‘Ludicrous Mode’ for the Model S

July 17, 2015 by  
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  Just when you thought the Tesla Model S couldn’t get any faster, along comes Ludicrous Mode. What’s that you ask? Tesla revealed today that the Model S is getting a major upgrade with a new battery pack that will take the car from 0 to 60 in just 2.8 seconds. The upgrade, appropriately called Ludicrous Mode is a step up from the  Insane Mode  and will be available for $3,000. The new battery will also amp up the car’s range by 15 miles for a total of 300 freeway miles on a single charge. Read the rest of Tesla reveals ‘Ludicrous Mode’ for the Model S

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Tesla reveals ‘Ludicrous Mode’ for the Model S

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