Tesla, Spotify Team Up To Introduce Music System In Cars

Tesla and Spotify will collaborate to come up with an in-car music system for vehicle owners.

Tesla Motors Inc. has collaborated with Spotify – a music streaming enterprise service – where now both companies will bring the music platform to electric cars. As a Tesla owner is driving his car, he/she will now have access to voice control that will be integrated with the vast library of music tracks that can be streamed on the go.

The collaboration between both the companies will result in the integration of the music streaming service. This will be applicable for both – the present electric cars that have hit the road such as Model (the SUV crossover), along with Model S sedan. Spotify will act as a replacement for Rdio which was the music partner for Tesla earlier. This deal ended when the collaboration with Rdio turned kaput.

Spotify is basically a music service originated from Sweden, thus the operations are more directed towards European consumers along with other neighbor countries.

Thus, Spotify Premium service will only be available to all the car owners that are being driven in the European countries along with Hong Kong and Australia. Tesla drivers in the United States are not being catered yet.

One of the limitations when it comes to Spotify integration is that the account will only work when the user is present in the car. This actually means the owner will have to login to his Spotify account to enjoy this feature. Those who do not have a Spotify account will now have to make one. A software upgrade will soon be launched where Model S drivers will be able to enjoy the feature starting from Monday.

Apart from this, those users that already have a Spotify Premium account can easily link it to their own cars so that they get to enjoy their favorite music while on a roll. Premium subscribers have the advantage of access to the massive catalogue of 30 million songs at their convenience without any monthly fee.

Top level executives have also confirmed that the music giant’s present deal with Uber – the ride hailing service will remain intact even after joining hands with Tesla Motors. He also notified that the company would be coming up with a futuristic car system that will smooth out the integration phase with car partnerships. He hinted by saying, “This is a very important focus for us and a key strategy and you can expect many more exciting announcements from us in this sphere.”

Alphabet's Autonomous Dreams Shattered

State of California makes it tough for autonomous cars to hit the roads

Alphabet Inc. is likely to be very upset since the state of California has come up with safety regulations for the very first time in history targeting driverless cars. The new regulations were drafted by the California Department of Motor Vehicles (DMV), where they have set certain barriers while driving the autonomous cars. Google Car venture is one of the aspiring projects of the company that is now prone to vulnerabilities now.

DMV at this point of time is extremely concerned about safety. According to them, autonomous car manufacturers need to conduct more tests and experiences before they are ready to offer these cars to the masses. In compliance with the present precautionary measures, the state has now put a ban on driverless cars to be driven on roads. In case anyone wants to ride in these cars then they need to have a human driver that possesses a valid driving license.

According to the proposal, the autonomous cars will be required to pass a test that will be administered by a third party before being retailed. The companies cannot really conduct any outright sales thus the automotive giants can actually lease the cars but not sell them outright. Moreover, the automotive manufacturers will be required to submit a safety report on monthly bases. They will be also required to reveal any collected information so that they can counter any present cyber attacks.

The cars produced need to have a steering that is visible with pedals and wheels. The driver in such cars also needs to get his hand on a state produced “autonomous vehicle operator certificate,” so in case its required, the driver will take charge of the wheels as per need. The driver will also be liable to comply to the traffic legislation even if the car is autonomous.

The requirements prescribed are a major area of concern for the search engine giant. The company after immense efforts and hardware has finally come up with a car prototype however this seems like a crucial start filled with a lot of miseries. The state of California laws are quite complex that will be tough for Google to comply to.

Johnny Luu, a spokesperson from Alphabet published a written statement according to which, In a written statement, “Safety is our highest priority and primary motivator as we do this. We’re gravely disappointed that California is already writing a ceiling on the potential for fully self-driving cars to help all of us who live here.”

Alphabet To Give A Tough Time To Rivals With Ford Motor Driverless Car Partnership

Alphabet to partner with Fords in the times to come for its driverless cars.

Alphabet Inc., along with Ford Motor Company, is reportedly collaborating with one another to come up with a joint venture where they will manufacture driverless cars together. According to sources close to the company, the Chief Executive Officer of Fords, Mr. Mark Fields is likely to officially announce the partnership in January during the International Consumer Electronics Show.

This collaboration is expected to be extremely lucrative for both the firms. Ford has been experimenting with autonomous cars since a long time and is devoted to conduct test drives of its cars on Californian streets soon. The complex software developed by Google will assist in bolstering the autonomous vehicle program in the times to come.

The search engine giant has already conducted tests on 53 cars that took place on the Texan and Californian streets. It has covered almost 1.3 million miles that have been logged to date. Through this initiative, massive data regarding autonomous driving has been collected.

The good thing for Alphabet with this collaboration is that it can now save billions of dollars that would be required to come up with an automotive plant. Moreover, it also does not have much expertise in assembly and car production. Ford at this point has automotive assembly plants that are ready for manufacturing driverless cars.

Sergey Brin, the co-founder of Alphabet, had claimed during this year that the tech giant is looking for options regarding manufacturing plants that are reliable. The reason is that it wants a partner to make use of their software for autonomous cars. It now seems that Fords is the best possible option to pace up the production of Google cars once they become popular in the consumer automotive market.

No official verdict has been observed from both the organizations as of yet, Alphabet has a history of offering its own software to other companies to assist them in the development of products. This can be governed via the acquisition of Motorola to come up with smartphones running on Google Android.

The previous week, Google made an announcement where it has plans to separate the Google Car segment where it will now function as an independent commodity where Alphabet will be its holding company. This initiative is part of competing with Uber in the times to come in terms of ride hailing.

The company is on the right track provided all the rumors associated to it are proved true. 

Danish Government Accuses Tesla For Defrauding Tax Law In Europe

The electric car maker could be defrauding the Danish government in order to avoid payment of tax on the sales of its electric cars in the country.

Tesla Motors has found itself in some serious trouble with the European government over delivery of electric cars and news suggests that it has allegedly been carrying out by breaking the laws in Denmark. According to the reports, the electric car maker is currently being accused of breaking the law in the region, as it has applied for registration of around 2,000 smart cars right before the expiration of the tax break that is to take place within the country soon. This act of the giant is being considered as a huge violation of the rules set by the Danish government, as the officials believe that the giant is working in a way that might be defraud authorities on many different levels.

The massive number of cars that have been put in line for the purpose of registration is being considered as an act to get a majority of its luxury cars through the government without having to face the tax break and this has greatly offended the authorities. Minister of Taxation of Denmark, Karsten Lauritzen, has stated in a recent press release that the idea of attaining a huge number of cars in bulk and to have intentions of selling them again is against the law.

Even though there is a possibility of the same number of orders to be received by Tesla business from the Danish region in the same time period, the officials believe that this is highly metaphorical and could possibly not be true. Also, Lauritzen’s statements also suggested that the electric vehicle maker might simply be working to turn the law around and to break the rules in a way that might not get the authorities’ attention.

Tesla cars being delivered in the region in such a huge number are basically believed to avoiding paying the tax duty in the European country and this suspicion has been backed up by the actions of the auto giant, which it has been carrying out lately.  However, its efforts to dodge the tax might not come to work any time soon, as the Danish government made an official announcement to the market that all the new tax rules which will be made for other auto luxury car makers, will also be needed to followed by the American company without any change or bend in the rules.

This implementation of the new tax law will see the registration fee being paid by the smart car maker over each car that it sells in the country. This will also be the first time that the company pays tax over its cars in such a big amount.

Apple Claims It Is Not Violating Any Agreement

Apple has to face two lawsuits where BYD accused the smartphone maker of using its antenna technology.

Apple is once again the center of attention in the tech sector. The company has been named fighting against a lawsuit in its name. Reportedly, the iPhone maker also filed a petition against BYD Company Limited’s and BYD Precision Manufacturing Co. Ltd lawsuits for using their technology in one of their products. According to sources, Apple is said to be using the antenna technology of BYD in its famous iPad mini, iPhone 6, and iPhone 6S Plus. BYD has urged the Chinese government to take strict actions at its earliest as Apple breaches its patents.

BYD Company Limited wants the Chinese courts to issue a warrant which would see Apple Inc. stopping the production of the above mentioned products. BYD is not satisfied with Apple infringing its patents and using technologies in almost three products whereas the company is trying all to stop such order from the court. Apple is all set to race against the time because if the court issues orders to stop the production then it will result in a very big loss for the company.

At this point, the iPhone maker cannot afford such mistakes that would result in major downfall. If such hindrances in its supply chains as well as production come in between in the coming times, then Apple will see losing significant amount of market share as well as major decline in its revenues stream. Slowly, the brand name would lose its reputation.

Therefore, the uncrowned king of smartphone industry has been asked to file a petition for ‘Order Compelling Arbitration and for Injunctive Relief Pending Arbitration’. This is because the company is sure that it is not breaching any of the patents of BYD Company. Furthermore Apple believes that back in June 2014, it signed an agreement with BYD which was named Master Development and Supply Agreement (MDSA). Under this agreement, both parties agreed that the smartphone giant will be allowed to use the antenna technology in its products.

According to a source, “Under the agreement, BYD will adhere to the condition where it will not assert any patent infringement claims against Apple, its distributors, suppliers and any other related entities.” But it has turned out the other way. BYD filed the lawsuits back in April 2015 in the Shenzhen Intermediate People’s Court where it clearly mentioned that Apple has violated the pact both parties signed hence it had to take a step forward to stop it.

Tesla Breathes In New Life In Incentive Program

Tesla offering innovative incentives to Tesla owners through Referral Program.

Tesla Motors Inc, the electric vehicle manufacturer has taken its referral program to a whole new dimension as the company has made up its mind to reposition its incentive program for all those who own their Model X, Model S and Roadster. Since the decision has been made, there have been disputes in a few states but overall the results are positive. Tesla Motors official website initially depicted that the referral program by the firm ill end on October 31 but it now says that the offer is extended till the end of 2015. Despite the basic $1,000 benefit has now been removed for the electric car owners but there are other interesting discounts for the Tesla lovers. All those TSLA owners who will make the most referrals in the Asia Pacific, North America and Europe will now be entitled to Model S P90D. Along with that, these people will get the exclusive VIP passes for the launch od Model 3 that will include traveling and accommodation expense. Apart from that, fanatics, who make ten referrals in the regions highlighted, will be entitled to getting Powerwall with Installation – the Tesla battery for domestic use. All those who give more than 10 referrals will directly qualify to win the invitation for the Model 3 event. They will also get the same benefits like mentioned earlier but the only difference will be that accommodation and travel allowance won’t be included. Moreover, those who make the last five referral will get invites to the launch of the company’s Gigafactory. All these incentives will be offered to the car owners once the referrals they’ve made to accept the car’s delivery. The incentive for buyers through referrals is that they get a $1000 discount on the purchase. The company has taken a very smart decision that will certainly engage the Tesla car owners. Word of mouth is a great way to market any product and if people are incentivized for this type of marketing then what can be better for them. Moreover, the incentive the company is offering is actually very attractive. Just imagine who wouldn’t want to attend the launch of the much hyped Model 3. The event will be a top notch event along with all the facilities free of cost. So if you own a Tesla car then try your best to lure people and then wait to experience the magic. Tesla stock closed at $225.33 on Monday.

Fords Needs To Think About Its Own In-Car Software System

The auto giant has been advised to start working on a separate software system to be incorporated in its cars.

According to the most recent news about Fords Motors, it was seen that the shares of the auto car making company went down on the index by around 0.96% on the trading that took place on Monday. This dip that was witnessed in the market is now being considered as a consequence of the statement made by Don Butler, who is employed by the auto giant as its Head of Connected Services. According to Butler, the company currently needs to start bringing its focus on software plans and projects to be incorporated its own cars, rather than depending on other providers to give it a system. Butler also claimed that it is important for Fords business to experience a boom in the software and auto industry, it is mandatory that now the giant starts working on making its own customized software for the luxury and hybrid cars its produces as only that will help it to become better compete with the present competition in an improved manner. According to a report which was recent published by CNBC, it was stated that since the automobiles are rapidly becoming used to having a high end software system installed within them, the need for a separate system increases every day. Presently, Fords cars use a software system called SYNC which provides the users with the opportunity to connect their smart phones to their vehicles with ease. At the same time, developers in the market have built up another software app which gives the users a chance to obtain interesting apps on their smart phones and then use them in the cars made by the auto company, simply by commanding them instructions by voice. This app is called AppLink and it is just one of the examples of how progress can be made by the company if only it tries to make its software system a better offering for it customers. Reportedly, Fords management has already opened up a platform for different developments to be made within its software by developers in the market and this is being done for the past two years. However, Butler believes that to grow as a company, the luxury car maker needs to start bringing more ideas to the yard so as to sustain its position in the auto industry and to even get better in the process. This will first be done by accepting the need to own and build a separate system for its cars, which the auto giant still needs to put into action.

Tesla Motors Inc Seems To Be Hitting It Off With Autopilot

The auto making company seems to be doing great with the passage of time, as more and more people learn how to adapt to the changes occurring in the system.

Tesla Motors has been notably carrying out an auto making business that seems to be a lot more than just that, as it also covers the likes of a massive battery making business along with the storming up and implementation of new ideas in the auto sector which have never been tried before. The auto making company was recently seen to announce an ‘Autopilot’ update for its hybrid cars which was received by the industry with much awe, as this is something that has not been tried by any of the auto makers before. This update was brought about in all the Model S cars and was believed to be setting up a new trend in the market, as this update was also being considered to use in cars other than the ones made by the smart car manufacturers. Currently, it will be seen that the autopilot feature is being updated in all the Model S vehicles and the main task of this pilot is to make sure that the electric car being driven learns all the new twists and turns that a car needs to adapt to in the time of emergence. Analysts in the industry have also pointed out to the fact that the ‘Autopilot’ system is not just what it should be rendered as, as Tesla has managed to incorporate the idea of ‘artificial intelligence’ in this feature of the car, which will eventually learn to drive through all the troubles that could be faced on the road without any kind of problem. In the first couple of weeks that were experienced by the drivers of Model S using the Autopilot, the main difference was seen when the drivers observed that the car was learning to move and react on its own to different situations, right after the same incident took place a few days back where the driver drove in a certain manner to bring the vehicle back on the track. For all the times when the human control on the car is being observed, the Autopilot has been designed in such a manner that it will be learning all the different tricks and tactics that the human skills carry out and when the same or a similar situation occurs in the future, the technology will know what to do with the car and where to take it, which makes the system all the more exciting for the users. However, there are some things that Tesla business might suffer from and that is its share price on the index which seems to be trading on an average level with not many improvements in sight.

Tesla Signs Deal With New Battery Supplier

The auto car maker signed a deal with LG Chem which will be providing upgraded batteries for Roadster.

According to the most recent news about electric car makers Tesla Motors, it was reported that the auto making giant has recently collaborated with a Korean battery making company called LG Chem, and this deal between the two companies is believed to help the auto giant to give its battery business a huge boost. The company has upgraded its EV portfolio and has signed the deal following this event. Tesla cars are already receiving their batteries and battery cells from a variety of companies and in a press release, the giant further confirmed that the cells it will be receiving from LG Chem will be incorporated in its Roadster vehicle, and this one will particular be the 3.0 battery cell. Similarly, Panasonic also works in collaboration with the electric car makers and provides battery cells from the Model S cars. Presently the luxury car makers are working to build up the much talked about Gigafactory which will ensure the giant’s self-efficiency in the battery business. However, it is not a hidden factor that companies like Panasonic are also working with the company in the Gigafactory to provide for the Model 3 smart car which will be released sooner than later. It has been reported by multiple news sources that the first car of Tesla business, namely Roadster, has always been built with a 2.0 and 2.5 level battery but it has been manufactured in such a way that it can adapt to the higher efficiency of 3.0 battery packets that the LG Chem will now be supplying to the company. On the other hand, analysts have also pointed out that this collaboration with the Korean will not put down the relationship the giant has with Panasonic and it will maintain its position of being the most important supplier of batteries to the hybrid car manufacturer. LG Chem, on the other hand, has been involved in supplying battery cells to a couple of prominent auto makers in the industries like General Motors and has been carrying forward a strong business since a very long time. Analysts at the Navigant Consulting have released a report in which it has been stated that very soon the Korean battery providers will be competing for a target of 1GWH towards the end of the next year, which is an accomplishment to be considered. As for the electric vehicle maker, the giant has already been using batteries from LG Chem to support its previously launched sedans and also its new car Model X which it released only recently. 

Toyota Receives Sales Lead From Volkswagen

The Japanese auto makers have now managed to make the most sales in the past three quarters, beating the record previously made by Volkswagen.

Following the scandal that shook up its auto business in the industry, Volkswagen has found itself in some serious issues which is why the giant’s control has now been shifted over its global sales lead to auto giant Toyota Motors. The German auto maker has been working its way up in the global market for the past three months but due to the scandal of emission that shook up the company on a massive scale, the lead of the global sales was gladly taken by rival giant. The strong sales report which Toyota business recently rolled out showed that the smart car maker sold a huge 7.49 million vehicles in the first nine months of the year, and in the same time period Volkswagen reported a sales figure of 7.43 million, which shows that the difference with which the Japanese auto makers won the game was considerably a huge one. The third highest sales in the past three quarters were made by General Motors, which released a sales figure of 7.2 million cars. Analysts in the auto industry are of the opinion that since Volkswagen is clearly out of the game, rivals Toyota and GM now have the opportunity to take advantage of the situation and hike up their sales by capitalizing in the right manner so as to increase their production and sales for the customers who have been let down by the German giant. Volkswagen is apparently going through a very tough time with the authorities, as it was recently found to be carrying out a cheat business because of which a lot of A class lawsuits have also been filed against it, along with some unavoidable fines which is sure to bring the company down on many levels. The auto company is not facing trouble with only a single regulator, but it has found itself to be answerable to a number of them, which is only bringing the company lower than the high position it once enjoyed in the auto making competition. According to Bloomberg’s report on the company’s scandal, it was reported that there are around 325 lawsuits that have been filed against the hybrid car makers in the United States alone, which means that the trouble being faced by the company is on a colossal level and is to grow even more in the other countries where the auto giant seems to be selling off its cars in. 

How Tesla Model X Will Churn Sales

Tesla needs to increase production of Model X to sustain demand.


Tesla Motors Inc. launch of Model X is getting mixed verdicts from various analysts covering the automotive sector. The auto industry is extremely positive about the car due to its high power and gull wing doors. Investors on the other hand are skeptical since their concern is whether the company can churn in high volumes. Almost 25,000 vehicles of Tesla Motors have been registered are not capable of reach their owners till the latter half of this year which shows that the company has low production related capabilities. This lag was expected by the automotive giant though the company has embraced several delays which have taken more than a year to ensure the successful electric crossover At the same time where many buyers who were saving around $100,000 to purchase Model S since now they cannot wait for an unidentified period since they cannot really wait for another year just to get hands on Model X. so now they are considering to purchase the TSLA sedan that will be available in almost two months. Brad Erickson, who is the analyst at Pacific Crest shared his view where he claimed that the time for the launch of Model S remains unchanged after the launch of Model X. the numbers for Model S production is likely to rise during the fourth trimestral. As per the analyst, the production of Model S can increase by 22% over the coming quarter if they deliver 2,500 Model X electric cars. So if the company wanted to meet its yearly sales target then they will need to sell 17,000 more car units during the fourth quarter. Although numerous analysts have to date been giving positive verdicts on the Model X there are still many who believe that the car is extremely overpriced. The automotive giant has claimed that the price of the Model X is likely to be in between $132,000 and $143,000 along with several extra features. So Model X that has the same features as Model S can be bought for almost $5000 more than Model S pricing. Morgan Stanley analyst Adam Jonas claims that having such prices is likely to make the car expense along with raising the Average Transaction Price (ATP) of Tesla cars. So if the prices of Model X is increased and the production still remains so low then the demand for Model X will hamper and Model S will increase as per estimations.

Here's what Tesla Engineers has planned for the future

Here's what Tesla has planned for the future.


Tesla Motors Inc. has recently unveiled the Model X which is a premium priced car. The vehicle was appreciated by consumers and critics for having a beautiful design along with top notch engineering. However, the price has yet to be a controversial subject. So now the company is targeting the “mass market Model 3 vehicle”. This new electric car is likely to be a game changer since it is likely to overcome the present losses so that it ultimately paves its way to churn profits. Initially it was stated that the launch of Model 3 will actually take the company to the last phase of its development life cycle. JB Straubel, chief technology officer at Tesla mentioned in a statement that the company’s employees are not critically monitoring Model X or Model S electric car at least these days. The reason behind streamlining its focus was to deploy all expertise on Model 3. At this point, it is early to say whether all the Tesla employees are concerned about Model 3 or it is getting the special attention of the development team. TSLS has undoubtedly succeeded in capturing a fair share in the electric car industry. However, the issue they are facing has either not still experienced high sales. The reason behind this is its skyrocketing prices. Model 3 is likely to get a price tag of $35,000 which in comparison is budget friendly. The company at this point is also working towards developing its Gigafactory that will have a huge assembly line that will have the power of producing almost half million vehicles per annum. By early 2016, the factory will initiate the production process. As of now, the company is producing almost 10 percent less than their annual estimation which is about 500,000. The targets for this year to produce 50,000-55,000 cars will be achieved due to slow production although the company has tried its best to increase the trend of EV cars. Apart from that it is also stated that Tesla Motors has also established a new paint shop that can accommodate 500,000 cars per annum in order to ensure smooth production. If the arrival is delayed by the Model 3 then the fixed cost will increase acting as a barrier in terms of profitability. Moreover, the company is also making various network charging stations across the globe that will cater to the increase in the demand for Model 3 by consumers.

Tesla Motors Inc New Over The Air Feature To Attract Potential Investors

The auto making giant is rolling out the new OS named Tesla 7.0 in all of its vehicles within a period of five days only which is being taken as a great step towards a stock upgrade in the near future.

Tesla Motors was seen to roll out the new Model X car a couple of weeks back, which was given by the audience with mixed emotions. The auto making giant has managed to come up with some ideas to update the software of its cars which has not only surprised and excited the analysts covering the stock of the giant but also the investors in the company, who had previously been turning a little bearish towards the negative comments going around in the market lately. The new Tesla 7.0 is the newly released updated OS which has been launched by the auto giant, which is attracting quite a lot of attention towards it from all around the industry and that too, for all the right reasons. The new autopilot system that has been released for Tesla cars is being considered as a feature that changes a lot for the giant in the upcoming days. Analysts are seen talking about how the giant is capable of bringing a change to the driving experience of the customers by a huge difference, which is also going to make things easier for the investors to know how much of a great option the company’s stock are to invest in. Out of all the updates that have been rolled out by Tesla business, the most interesting and captivating one is hands down the over the air update which has been drawn to the technology installed in the cars. The autopilot option that has been launched in the new cars is another interesting feature to be considered as it will allow the cars to be guided with particular instructions to go about the way the customer want it to, and will also be able to keep a check on the speed of the electric vehicle. However, Elon Musk, the CEO of the electric car making company, has repeatedly informed the industry about how the autopilot option does not mean that the car is an autonomous one and has informed everyone that this could just be taken as a testing version of the technology that the giant wishes to work with. On a more important side, the analysts believe that the major upgrade that Tesla stock is capable of receiving is because of how fast the new operating system is going to be launched in all of its previously launched models, namely Model S and Model X cars. These vehicles will be upgraded with the new OS in only about five days which is being considered as a major pull the giant’s stock might take in the near future.

Tesla To Launch its Over the Tair, Version 7 software upgrade for its cars.

Tesla is all geared up to launch Version 7 software upgrade for its cars.

Tesla Motors Inc. is all set to win the heart of investors by coming up with a software upgrade. The firm has announced that they are all set to launch its Over the Tair, Version 7 software upgrade this week. The software update will cater to self-steering option. The message was posted by Mr. Elon Musk, the chief executive officer of the company on social media platform Twitter/ this feature will be unveiled all over the globe on the coming Thursday. Mr. Elon Musk had announced earlier that the latest feature will not allow the car to steer on its own completely while on the roads but will helps drivers whilst driving on wider motorway roads. The company electric carshave now been equipped with 17 inches dashboard screens which are the largest in the automotive sector. The dashboard is also likely to feature an upgrade soon. Moreover, parallel parking will also be supported by the recent upgrade. The auto pilot features are not as advanced as many customers expected thus the automotive giant still needs some more time to come up with advanced features. So soon we might also see users getting out of Tesla cars where the vehicles park on its own. As reported by Mr. Elon Musk, the features of this nature are expected to be launched later when the version 7.1 is released. So far the launch date of version 7.1 has not been released. It is also speculated that the upcoming upgrade will allow the cars to reach the destination by merely calling them. Model X and all Model S will support the auto-steering functionality. The advanced sensory systems are also supported in these vehicles where 12 sensors are installed in the bottom along with a front camera. Also, another sensor will be responsible to gauge the speed of other cars closer to the vehicle. The company at this point of time is modifying its sensory technology so that they can support various autonomous features in the times to come. This is relatively different from Google who is currently only concerned about manufacturing full autonomous cars. The Version 7 update was announced earlier in March 2015 when the automotive company was launching Version 6.0 software that was targeting the range anxiety related issues. The idea was to penetrate electric cars among other car users since battery charging made consumers skeptical. Hence the new upgrade is expected to get traction to the company and will also create anticipation for the future.

How Can Tesla Make Model X Deliveries A Success?

The auto making giant has emerged to be a little uncertain talking about making successful deliveries of its SUVs shaking up confidence of the investors.

Tesla Motors has given out huge numbers for the delivery of its electric cars on a number of platforms which has made analysts in the market rather confused about what to actually expect from the giant. The auto making giant is expected to be selling the model S version of its cars in a huge number for sure, but the analysts have raised questions as to how many of the new SUV will the giant manage to sell by the time its reporting time for the fourth quarter. The analysts in the market who have been analyzing the way things have been going on within the auto making company are of the opinion that the fact that even Elon Musk, the CEO of the firm, failed to give out a clear guidance for the sales of the Model X car for the fourth fiscal quarter did not make things any better for the investors. The fourth quarter of the year initiated right after the major launch event was held and things might also turn out to be a little shaky as to where the sales of the new car is concerned. Following a press conference in which Musk was questioned about what he thought could make him reach out to the over the top bullish sales figures he has expressed to achieve over the past few months, analysts thought that even he looked uncertain about a lot of things. The hybrid car makers have also suggested that the fact that there are expected to have some ups and downs even in the production is what is making the CEO so uncertain in the first place, and if that works out for him then the auto company could actually end up attaining the sales numbers it believes it could obtain in the next five years. Musk also suggested that most of the time the reason any company fails to achieve its sales target is generally because of the way its supplier lags behind in supply the car or other products in time, which is the only delay that can be expected from the electric vehicle producers in the long run as well. Analysts, on the other hand, believe that the fact that the firm has shown uncertainty regarding its quarterly deliveries shows that the firm could actually end up not achieving its exponential targets that it had previously set to make sure there are a massive number of EVs on the road before the end of 2020.

Tesla Plans To Enter Indian Market Through New Project

The company is expected to make an entrance into the Indian market through a project to sell its least expensive car, namely Model 3, in the region.

Tesla Motors has recently shown interest in building up a unit in the Indian region for attracting Asian customers towards its electric cars as well. The automaker has so far penetrated into markets such as in Japan, Hong Kong, Australia, and China, which means that India is not the first Asian country where the EV maker will be kicking off business activities in. The high-end car making company will also be starting selling off its smart cars in the country, which is going to provide the people in the country with the opportunity to use the new technology in cars, using electric engines instead of the ones that are run by gas or fuel. Recently, Indian PM was seen to make a visit to one of the factories of the electric car making company in California, which has made the analysts in the industry think of how this could be just a hint of how the automaker might end up entering the country in near future. So far, this news has not been confirmed by the official sources that the luxury carmakers will be selling off its cars in the region but according to a financial firm in India, it was suggested that the electric carmaker is sure to be planning something big to do in the Asian country. The same report by Mumbai-based online equity also discusses Tesla business plans of opening up a plant in the country in order to start business activities in the region in a much better way. This should be the priority of the company regarding this situation to increase the production and meet its desired goal. The Model 3, which is an SUV of the company that is comparatively offered to the customers in a much cheaper price than any other cars of the giant, is expected to be produced and manufactured in the plant that gets build up in India by the auto-making giant, according to the equity portal. In other news, it was also reported that Tesla might also be in serious discussions with the government of India to help it cut off on the import duties so that it can deliver the electric cars to the customer sin the country without facing too much tax payment. Furthermore, the hybrid car makers are also looking towards ensuring that the EVs it sells in the country are sold in such a way that maximum profit can be obtained from it.

Morgan Stanley Downgrades Tesla Stock

The auto making company has seen a major fall on the stock, which is due to the downgrade it has received from equity firm Morgan Stanley.

Tesla Motors has been receiving mixed reviews about its Model X car, which was just released by the CEO of the company at a launch event in a very dramatic way. Elon Musk, the CEO, has expressed massive expectations for the sales to be made by the company, which all the analysts in the market do not seem to agree to. The predictions that have been made by Musk seem to be a little too over the bullish side for the ones who have been covering the stock of the giant in detail from the start. However, there sure are some analysts which have come out to be realistic enough to feel like the EV maker is on a trip that is going to take it to heights that even it does not believe it could achieve. As far as the predictions regarding the future of Tesla cars are concerned, the giant has given a guidance to its analysts according to which it could be doubling its current revenue generation to become even bigger than Fords Motors, which has been there in the auto industry for quite some time now. On the other hand, the smart car maker does not seem to be considered by the analysts in the same way that it looks at its own stock, which is why a report by the analysts at Morgan Stanley was seen to majorly downgrade the shares of the luxury car makers, following which the share price of the firm experienced a massive dip on the index. Analysts at Morgan Stanley have also come around to believe that the fact that Tesla business has been downgraded is mainly because of the extremely high price that has been given to the new Model X, which could be a little too over the pricey level, even for its elite customers. Keeping in mind the high price for the car, the predictions that were made by Musk in regard for obtaining the expected sales number are being seen by the giant in a very negative and unattainable way. In the last trade session, Tesla stock was seen to fall by around 1.91% on the index which surprised not only the investors but also the analysts who had not been expecting such a huge fall in the stock price, right after the release of the new model. This fall in the stock price is being considered as first time since the fall it experienced when the Chinese market saw a major dip a couple of weeks ago.

Fords Motors Releases Great Sales Figures

The corporate giant has broken all records by reporting a rise of 23% on year-to-year sales.

Fords Motors has recently reported its sales figures on October 1, which came around to be surprisingly higher than the expectations of the analysts. The yearly report showed that the auto-making giant observed a rise in sales. As compared to the previous year’s sales, an upgrade was seen by 23%, a massive improvement to be taken into consideration by its rivals. As for the sales in the retails department, the rise was still observed and the report showed that it did not show any signs of slowing down any time soon. All the good news apart, Fords cars have still not been performing as they are expected to do so. It was seen that despite the progress made, the share value of the company was not showing any signs of growth, which the analysts are wondering where the hybrid car makers could be headed in near term. Investors in the vehicle company have turned out to be a little confused about what to think about the future of the company, which is why they have been reluctant to make huge investments. On a different note, recent Fords news informed the industry analysts that the sales report for the month of September was not just a huge success, but it was also a major step ahead taken by the giant to fight with its rivals in a much better way than it was doing before. As of the sales made in the last month alone, the numbers came around to be at 221,599, which, according to the analysts, is a number that can shake up the entire American auto industry. Keeping in mind that the sales in September increased by a massive 23 percent as compared to the year before, analysts are talking about how the firm has even broken its own records as in August its sales were raised by just 5.4 percent whereas in July it rose by 4.9 percent only. This also shows that the American auto manufacturer seems to be doing wonders in the industry, while it is also beating records made by other auto giants in the market. The luxury car maker has proved to be better than expectations and for the near term future, the company’s sales are predicted to get better on bigger levels. Analysts are not the only ones to be bullish about the company now, as investors have shown positive sentiments towards the company as well.

Tesla Model X All Set To Hit The Roads

The auto making giant is working right on schedule and is all set to release its new Model X on Tuesday, September 29.

Tesla Motors is all set to make the much awaited big release of its Model X car, which is to take place on Tuesday, September 29. The auto making giant first announced the car’s idea three years back in 2012 and as per the repeatedly changing schedule and launch date, the firm has finally come around to make the big release. The delays made during the car release have taken place in the past due to many problems that were faced by the giant. The price tag with which the new model will be available is going to be around $40,000, which is also being taken as a step by the giant to enter the auto market for the masses. Tesla cars have previously been entirely set for the elite class of the society, as the price tag the electric vehicles carry is a little too difficult for the middle class man to afford. The company is comfortably known to be setting its standard way too high, first making itself entirely for the high end customers and now is working towards hitting the masses as well. This is going to be carried out by the giant through an electric car, which will be made in to an affordable car for the customers. Analysts believe that this is just an attempt by the company to make sure more and more EVs reach the road in near future, so that the firm can reach its target of scoring the highest number of electric hybrid cars on the roads by 2020. Given the different issues Tesla has so far faced regarding the launch of the new Model X, now the expected delivery of the smart cars will be done next year by the month of February. The auto company has decided to deliver out the first cars of the models to limited customers who have signed deals with their signature reservations. These deliveries will be made right before the third financial quarter of the year ends. Another thing to be noted down is that all the customers with the signature deal were given the liberty to choose from different colors and also decide on the kind of interior that they would want to get for their new electric car. Furthermore, it will be seen that apart from the Model S project that the firm is carrying out, the price of the Model X cars will be higher than even Model S sedans, which is entirely due to the high end design and structure that the company is going to offer to its customers.

Tesla Motors Inc Deemed To Strong To Be Beaten By Any Other EV Maker For Now

The electric car maker is all set roll out its battery pack with a boom in the market which is going to make sure that the stock of the firm remains stronger than ever for a long period of time. The famous electric car maker, Tesla Motors, has already been covered in the news enough times to know that the firm is working on building up a Gigafactory to produce lithium-ion batteries, not only to be used in its cars but also in households to conserve energy and save on electricity bills. News suggests that once the production of batteries starts properly, the electric vehicle producers will be helping the battery users by lowering down prices of individual prices by a huge difference. It could even end up lowering prices by a massive seventy percent by the time these batteries are available in the market. However, all the factors which could supposedly be helping the auto company to lower down the electric batteries are not only related to the economies of scale, but they are also majorly influenced by the improved technology that the firm is seen to be using to produce these batteries in the first place. According to Jefferies’ analyst Dan Dolev, Tesla is believed to be performing just fine lately which is why a price target of $365 has been granted to it by the firm believing it to have the potential to turn tables in not only the auto industry but also the battery making business which has already given a lot of reasons for the firm to step into the venture in the first place. The same analyst is also of the opinion that since the firm is producing these batteries on a huge level now, it can be predicted that in a little while only the giant brings down the price of a pack of batteries from the alleged $250 per kWH to a shocking $88 per kWH. Dolev has also repeatedly said that the luxury car maker is also working towards making these battery packs as widespread as ever which is why the prices are expected to fall on such a huge level. On the other hand, analysts are considering this statement of Jefferies’ analyst and are discussing how the hybrid car maker can end up going up on the gross margin by an eminent difference by the year 2020, which is also the year that the firm has aimed to get a really high number of electric hybrid cars on the roads. On the other hand, if the gross margin of the firm is improved, this will provide the giant a whole new chance to make sure that the Model 3 EV, which is to get released in a couple of years, to be carried out without a problem.