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Elon Musk's Twitter troubles have had minimal impact on Tesla sales at Octopus EV, its CEO said. Just two of Octopus EV's Tesla customers — out of "well over 1,000" — switched to another make last year over Musk's decisions at Twitter, its CEO Fiona Howarth told the Financial Times. While small, she said the dip was still worth noting, given how loyal Tesla customers have usually been. Three longtime Tesla owners recently told Insider that they're ditching their cars over Musk's actions at Twitter. Octopus EV, Tesla, and Musk did not immediately respond to requests for comment from Insider.
After Friday’s surprise discounts, Tesla’s EV prices in China are now between 13% and 24% below their September levels. A Tesla sign is seen at its factory in Shanghai, China, May 13, 2021. ‘Return the money’Other videos appearing to be of Tesla owners protesting were also posted to Chinese social media platforms on Saturday. Tesla does not plan to compensate buyers who took delivery before the most recent price cut, a spokesman for Tesla China told Reuters on Saturday. Analysts have been positive about the potential for Tesla’s price cuts to drive sales growth at a time when it is a year from announcing its next new vehicle, the Cybertruck.
Tesla owners in China gathered at delivery hubs and outlets to protest price cuts, per Reuters. The EV maker has cut prices in China for the second time in three months, with some missing out. Tesla cut prices in China for the second time in three months on Friday as it struggles to make sales. EV makers have been forced into sudden price changes in recent months as big car makers raise their game and the global economy sours. But Tesla's move to cut prices in China more reflects depressed demand due to years of COVID-19 lockdowns, as well as Tesla's floundering share price and its big bet on a Shanghai factory.
The owner of a Tesla said he used Full-Self Driving mode to get him home just after Christmas. On Twitter Spaces, he admitted being drunk and claimed the system drove him home "flawlessly." "I admitted the other day, I was a little bit tipsy after Christmas," the driver, whose Twitter handle is @denguyen73, said during a Twitter Spaces called "$TSLA - Musk Metldown Marathon." The probe is considering whether Tesla's claim to offer "full-self driving capabilities" defrauds consumers. These incidents often appear to occur when drivers use Tesla's Autopilot, which automatically accelerates, brakes, and steers on highways.
[1/3] People protest at a Tesla showroom in Chengdu, Sichuan, China, released January 6, 2023 in this picture obtained by Reuters from social media. After Friday's surprise discounts, Tesla's EV prices in China are now between 13% and 24% below their September levels. 'RETURN THE MONEY'Other videos appearing to be of Tesla owners protesting were also posted to Chinese social media platforms on Saturday. Tesla does not plan to compensate buyers who took delivery before the most recent price cut, a spokesman for Tesla China told Reuters on Saturday. Analysts have been positive about the potential for Tesla's price cuts to drive sales growth at a time when it is a year from announcing its next new vehicle, the Cybertruck.
Some Tesla owners are done with the electric-car brand over Elon Musk's antics. We spoke to three Tesla owners who say Musk has made them rethink their relationship with the brand. Perkowitz is one of many Tesla owners rethinking their allegiance to the brand as Elon Musk becomes an increasingly erratic and polarizing figure online. "Elon was a really good reason to buy the car," Perkowitz told Insider. "I've been kind of stalling waiting for Elon to come to his senses and say something that makes sense," Perkowitz said.
Tesla's Model S/X owners will have the option to replace the yoke steering wheel with a round one. The move comes after Tesla car owners complained about the learning curve of the box wheel. Starting in March, Tesla owners can replace their current steering wheels for $700. Unlike a conventional wheel, the yoke wheel is rectangular with a tiny button for honking. The stalk — the part in conventional cars that controls core functions such as turn signals, headlights, and windshield wipers — was replaced with buttons on the steering yoke.
Tesla driver Tim Heckman drove 6,392 miles primarily using Autopilot and Full Self-Driving. He said Autopilot has gotten "worse" over the years and FSD was "exceptionally poor outside of California." But, the Tesla driver said the software has been a "lifesaver" when it comes to long road trips. In December, Tim Heckman drove a Model S Plaid from Los Angeles to Pennsylvania and back, using the autonomous software for 99% of the journey, an experience he documented on Twitter. "It's kind of like driving with a 15 or 16-year-old driver sometimes," Heckman said of using FSD in city streets outside of California.
Analysts and industry observers have compared Tesla and CEO Elon Musk to Apple and Steve Jobs. Tesla isn't the next AppleBoth Apple and Tesla had a first-mover advantage, another reason so many analysts like to draw parallels between the two brands. When Tesla emerged with top-selling electric cars, the Tesla Model Y and Tesla Model 3, held a commanding market share in North America. A shrinking market share isn't disastrous for Tesla — part of the reason Tesla's market share will shrink is that every auto maker will be selling a lot more EVs. The world's largest automaker, Toyota, had a market share of just 10.5% in 2021 — nowhere near the 55% market share Apple holds in the US.
Mercedes announced at CES this week its plans to launch a "high-power" EV charging network. The announcement is an effort to replicate Tesla's Supercharger advantage. The Supercharger network has long set Tesla apart from any competition, and largely still does. This week at CES in Las Vegas, Mercedes announced it is launching its own version of Tesla's Supercharger network. GM, meanwhile, is establishing an "Ultium Charge 360" charging network in North America.
Amazon's Alexa will soon help EV drivers find a charger
  + stars: | 2023-01-05 | by ( John Rosevear | ) www.cnbc.com   time to read: +1 min
Amazon is betting that Alexa, its voice-activated virtual assistant, can help ease one of electric vehicle drivers' biggest worries: finding a charging station while on the road. At CES on Thursday, Amazon announced a new collaboration with EVGo , one of the largest U.S. charging networks, that will soon allow Alexa to navigate EV drivers to public charging spots and pay for the service. Alexa will draw on data from EVGo's PlugShare community to help guide EV drivers to nearby charging stations. If the driver chooses an EVGo station, Alexa will be able to initiate and pay for the charge with simple voice commands. "The EV charging experience is a lot more fragmented than for gas customers, who can pretty much stop at any location," said Anes Hodžić, vice president at Amazon's Smart Vehicles group.
A comparative few credit cards on the market specify that EV charging stations will receive bonus rewards. Popular charging stations include:TeslaChargePointEVgoLet's examine how to get the most return for EV charging expenses. These cards do not officially list EV charging stations in their bonus categories, so your results may vary. Electric vehicle charging station credit cards frequently asked questions (FAQ)Is there an EV charging stations map? The above credit cards offer effective bonuses between 2% and 4.5% back for EV charging stations.
Tesla's unexpected "phantom braking" problem caused an eight-car pileup, according to CNN. Tesla's latest "Full Self-Driving" software can be engaged on surface roads. The driver of the vehicle that caused the crash told authorities his Tesla was in "full-self-driving" mode at the time of the accident, CNN reports. In the report, the California Highway Patrol said it could not confirm if the "full-self-driving" software was active at the time of the crash, per CNN. In previous complaints to NHTSA, Tesla owners have recounted incidents in which their vehicles unexpectedly and violently brake at highway speeds.
"Elon Musk is doing Elon Musk things," Canaccord's George Gianarikas wrote. Shares in electric vehicle maker Tesla slid by around 9% in mid-day trading on Thursday as analysts grow increasingly uncertain of the company's outlook. The price cuts on Tesla's Model 3 sedan and Model Y crossover are seen as a sign of weakening demand. Buyers of Tesla, and other electric vehicles made in the U.S., will likely qualify for a $7,500 incentive starting in January stemming from Biden's Inflation Reduction Act. Musk took Twitter private in a $44 billion deal that closed at the end of October, selling off around $23 billion in Tesla shares to finance the deal.
Instead of a Model S, consider:The 2022 Mercedes-Benz EQS 580. Tim Levin/InsiderTesla's Model S sedan has historically been the electric car against which all new EVs are measured. Instead of a Model X, consider:The Rivian R1S. Rivian SUVs are backordered into oblivion as the company ramps up production, but they are available lightly used. Tim Levin/InsiderThere's a swarm of small electric SUVs on offer from Ford, Volkswagen, Audi, Volvo, and more.
CNN —Tesla CEO Elon Musk has said numerous times since 2015 that Tesla cars would be entirely self-driving in two years, or less. Even when equipped with a $15,000 technology package that is literally called “Full Self Driving Capability,” a Tesla car can’t actually drive by itself. The lawsuit cited numerous times when Musk and others at Tesla had stated that, within a year or two, the cars would be fully self-driving thanks to software updates. For instance, in a 2016 Tweet, Musk stated that a Tesla car would be able to drive itself across the United States “by next year,” the suit said. Later that year, Tesla published a video, also cited in the lawsuit, which the automaker said showed one of its cars driving itself.
Tesla drivers say they've faced harassment since they started driving the EV, The Guardian reported. Tesla cars are equipped with multiple cameras that have publicly documented the incidents. He told the publication that he'd faced incidents of road rage eight times in November, alone. Three more drivers said the instances of road rage are often perpetuated by individuals driving pickup trucks. The channel, called Wham Baam Teslacam, also depicts instances of people cursing out Tesla drivers, vandalizing the cars, and chasing them down.
Consumer Reports released its annual ranking of the most reliable car brands, models, and categories. Consumer Reports asked its members about 17 trouble spots, from minor annoyances like fading paint and squeaky brakes to major problems like a faulty transmission. The most reliable vehicle types, according to Consumer Reports. Consumer ReportsHybrids are slightly more expensive than their gas-fueled counterparts, but fuel savings can offset that over time, Consumer Reports said. The 2023 Toyota Corolla Hybrid is the most reliable new vehicle you can buy, according to Consumer Reports, while the least reliable is the Ford F-150 Hybrid.
I drove the Tesla Model Y and the Kia EV6 to see how the two electric SUVs stacked up. The Tesla Model Y. Tim Levin/InsiderTesla sells some of the longest-range EVs on the market. The Model Y. Tim Levin/InsiderSome buyers might prefer the Kia's sporty and bold interior over Tesla's minimalist and button-free aesthetic. The Model Y. Tim Levin/InsiderThe Model Y's big touchscreen makes it a tech fan's dream. But if you prize a minimalist interior, tech features out the wazoo, and Supercharger convenience, go with the Model Y.
As is normal course of business with a significant change in a media platform, we have temporarily paused our paid advertising. The Detroit automaker, a rival to Musk's Tesla , said it is "pausing" advertising as it evaluates Twitter's new direction . It will continue to use the platform to interact with customers but not pay for advertising, GM added. DETROIT — General Motors is suspending its advertising on Twitter following Elon Musk's takeover of the social media platform, the company told CNBC on Friday. Musk has long boasted that Tesla does not pay for traditional advertising, a cost that has added up for conventional automakers' brands through the years.
Since the company doesn't provide press cars, I borrowed a 2022 Model Y from a friend and put it through its paces. Awesome tech featuresThe Tesla Model Y. Tim Levin/InsiderThe Model Y comes with an impressive assortment of tech features accessed through its snappy, iPad-like touchscreen. Lots of rangeThe Tesla Model Y. Tim Levin/InsiderMany EVs sacrifice driving range for enhanced performance or vice-versa. Cargo space galoreThe Tesla Model Y. Tim Levin/InsiderTesla did a great job of maximizing space for passengers and their stuff. The Tesla Model Y. Tim Levin/InsiderThe Model Y benefits from a front trunk and a surprisingly large under-floor storage spot in back.
I tested the Tesla Model Y and Hyundai Ioniq 5 to see how the two popular electric SUVs compare. One of the hottest battery-powered rides not sold by Elon Musk is the Hyundai Ioniq 5 SUV. The Tesla Model Y. Tim Levin/InsiderThe Model Y earns a strong range rating of 330 miles. The 2022 Hyundai Ioniq 5 charges at an Electrify America fast charging station. The Tesla Model Y. Tim Levin/InsiderThe Model Y's snappy steering and thrilling acceleration will spice up a commute.
Tesla founder and CEO Elon Musk thinks the global economic decline can last for another year and a half. In a Twitter exchange early Friday morning Eastern time, the mercurial electric car executive and world's richest man said a recession could continue "until spring of '24." i [sic] guess all we have to worry about now is the impending global recession and nuclear apocalypse." "It sure would be nice to have one year without a horrible global event," Musk replied. However, he said China is in "quite a burst of a recession of sorts" driven by the real estate market, while Europe "has a recession of sorts, driven by energy."
Glenn Howerton said his Tesla was stuck in a parking garage for over 24 hours after his key fob broke. The actor detailed a frustrating experience where Tesla support failed to help him start the car. Bio" star Glenn Howerton detailed a frustrating experience where his Tesla was stuck in a parking garage for over 24-hours in a podcast on Monday. AP/Carlos OsorioHowerton said he was forced to leave the car at the parking garage overnight after replacing the battery for the key failed to fix the issue. He also found it near-impossible to get in contact with Tesla's support teams.
I drove the Tesla Model Y and Kia EV6 to see how the two electric SUVs stack up. The Tesla Model Y. Tim Levin/InsiderTesla sells some of the longest-range EVs on the market. The Tesla Model Y. Tim Levin/InsiderThe EV6 is one of the quickest-charging electric cars you can buy. The Tesla Model Y. Tim Levin/InsiderBut some buyers might prefer the Kia's sporty and bold interior over Tesla's minimalist and button-free aesthetic. The Tesla Model Y. Tim Levin/InsiderThe Model Y's big touchscreen makes it a tech fan's dream.
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