Tesla auto-park upgrade to be ready in six weeks - Musk

Tesla auto-park upgrade to be ready in six weeks - Musk

Tesla auto-park upgrade to be ready in six weeks - Musk

Panasonic already makes money on batteries for the Model S and Model X, which it produces domestically, President Kazuhiro Tsuga said in an interview.

The company said no government agency in ongoing investigations has concluded that any wrongdoing occurred.

During an interview on the Recode Decode podcast, Musk talked about upcoming products Tesla is designing, including an updated Roadster, a semi-truck and a pickup.

"I think it's probably fair to say that Tesla has advanced sustainable energy by at least five years, conservatively, and maybe closer to 10", Musk said.

"You need a specialized inference engine", Musk said in response to a question about competitors.

For those unfamiliar, this uses Tesla Autopark/Summon.

Early a year ago the Palo Alto, California, company announced plans to produce up to 5,000 Model 3s a week by the end of 2017.

Tesla has received a subpoena from USA regulators over company production estimates, the firm revealed today.

Tesla finally met that target in June of this year. Musk shared his predictions about the future of Tesla and explained why he has pushed himself to the brink of exertion to help his company succeed.

While Tesla may make an electric bike, it will not make an electric scooter, Musk said. The SEC charged in a lawsuit that Musk had misled investors, and Tesla and Musk agreed last month to each pay $20 million and have Musk step down as chairman of the board.

"Also being public, particularly when everyone at the company's a shareholder, causes a lot of distraction when the share price moves around a lot", he said. It did not say at the time that it had gained another $137 million in regulatory credits, which contributed to almost half of the profit.

EV maker reveals new info in quarterly filing.

This story has not been edited by Firstpost staff and is generated by auto-feed.

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