Elon Musk celebrates flawed Tesla Autonomy Day with employee email

To reach a million robotaxis in 2020, Tesla would have to continue producing cars near the high-end of its previous guidance. Finally, owners would have to agree to let their cars participate in a Tesla robotaxi network. Musk said the company expected that a Tesla would be able to complete a hands-free trip across the US by late 2017. It was more geared to the autonomy world as Musk is telling technologists ‘don’t forget about Tesla,’ with Waymo and Uber getting a ton of credit.” Tesla stock tra


To reach a million robotaxis in 2020, Tesla would have to continue producing cars near the high-end of its previous guidance. Finally, owners would have to agree to let their cars participate in a Tesla robotaxi network. Musk said the company expected that a Tesla would be able to complete a hands-free trip across the US by late 2017. It was more geared to the autonomy world as Musk is telling technologists ‘don’t forget about Tesla,’ with Waymo and Uber getting a ton of credit.” Tesla stock tra
Elon Musk celebrates flawed Tesla Autonomy Day with employee email Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-23  Authors: lora kolodny, frederic j brown, afp, getty images, patrick t fallon, bloomberg
Keywords: news, cnbc, companies, drive, company, selfdriving, car, employee, musk, email, flawed, tesla, elon, day, celebrates, autonomy, cars, vehicles, robotaxi, driving


Elon Musk celebrates flawed Tesla Autonomy Day with employee email

In 2018, ride-hailing trade publication Ridester found that human drivers working 40 hours a week for the likes of Uber or Lyft make annual salaries of about $31,000 before vehicle expenses, and about $20,000 after expenses but before taxes in the US.

Those people are driving cars already deemed street legal, and picking up fares in major cities and at airports where local laws have been, for the most part, hashed out authorizing them to drive there.

Meanwhile, the company has produced only about 600,000 cars to date. Not all of them are still on the road.

Tesla said in its fourth-quarter earnings release that it was aiming to deliver 360,000 to 400,000 vehicles in 2019, about 45 percent to 65 percent more than its deliveries last year.

To reach a million robotaxis in 2020, Tesla would have to continue producing cars near the high-end of its previous guidance. Then, the majority of those cars would have to get the necessary software updates to reach Full Self-Driving status, which currently costs $5,000 when customers order the car or $7,000 as an upgrade if added after delivery, although these prices could change over time. Finally, owners would have to agree to let their cars participate in a Tesla robotaxi network.

Meanwhile, truly driverless vehicles do not yet exist. Tesla doesn’t sell one. Neither does any other company.

Deutsche Bank analyst Emmanual Rosner, who took a test drive of the vehicles Tesla showed on Tuesday, was skeptical, writing, “Throughout the ride, the car performed relatively well but experienced a few rough maneuvers and had one disengagement where it failed to recognize cones blocking off some parked vehicles on the side of the road.”

He continued, “Given our own test ride still faced issues despite being on a pre-planned course and under relatively simple road conditions, we believe the company’s targeted timeline for both full self-driving and its robotaxi service is at the very least aggressive. Ultimately, we still wonder whether Tesla can even solve the large challenges of fully autonomous driving with its vision-based approach alone.”

Musk has made grandiose promises about self-driving before.

In October 2016, Musk touted Tesla’s second-generation autonomous driving hardware, saying that system could power full level 5 autonomy in his company’s cars — that means the car could drive in all conditions with zero human attention. Musk said the company expected that a Tesla would be able to complete a hands-free trip across the US by late 2017. As of April 2019, Tesla has not demonstrated any of its vehicles completing such a trip, although self-driving pioneer Anthony Levandowski says a car from his new start-up accomplished the task last December.

Analysts were generally skeptical. Cowen analysts wrote, “The Tesla Network robotaxi plans seemed half baked, with the company appearing toeither not have answers to or not even considered pretty basic question on the pricing,insurance liability, or regulatory and legal requirements.”

Even some historical Tesla bulls were not swayed by the presentation.

Dan Ives, Managing Director of Wedbush Securities said, “The presentation was more visionary and lacked the details the Street wants to know which is key to credibility. It was more geared to the autonomy world as Musk is telling technologists ‘don’t forget about Tesla,’ with Waymo and Uber getting a ton of credit.”

Tesla stock traded down about 4% on Monday, and ticked up by less than a point in mid-day trading on Tuesday. The stock is down about 30% from its most recent peak in December, and down about 9% from a year ago.


Company: cnbc, Activity: cnbc, Date: 2019-04-23  Authors: lora kolodny, frederic j brown, afp, getty images, patrick t fallon, bloomberg
Keywords: news, cnbc, companies, drive, company, selfdriving, car, employee, musk, email, flawed, tesla, elon, day, celebrates, autonomy, cars, vehicles, robotaxi, driving


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Elon Musk celebrates flawed Tesla Autonomy Day with employee email

To reach a million robotaxis in 2020, Tesla would have to continue producing cars near the high-end of its previous guidance. Finally, owners would have to agree to let their cars participate in a Tesla robotaxi network. Musk said the company expected that a Tesla would be able to complete a hands-free trip across the US by late 2017. It was more geared to the autonomy world as Musk is telling technologists ‘don’t forget about Tesla,’ with Waymo and Uber getting a ton of credit.” Tesla stock tra


To reach a million robotaxis in 2020, Tesla would have to continue producing cars near the high-end of its previous guidance. Finally, owners would have to agree to let their cars participate in a Tesla robotaxi network. Musk said the company expected that a Tesla would be able to complete a hands-free trip across the US by late 2017. It was more geared to the autonomy world as Musk is telling technologists ‘don’t forget about Tesla,’ with Waymo and Uber getting a ton of credit.” Tesla stock tra
Elon Musk celebrates flawed Tesla Autonomy Day with employee email Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-23  Authors: lora kolodny, frederic j brown, afp, getty images, patrick t fallon, bloomberg
Keywords: news, cnbc, companies, drive, company, selfdriving, car, employee, musk, email, flawed, tesla, elon, day, celebrates, autonomy, cars, vehicles, robotaxi, driving


Elon Musk celebrates flawed Tesla Autonomy Day with employee email

In 2018, ride-hailing trade publication Ridester found that human drivers working 40 hours a week for the likes of Uber or Lyft make annual salaries of about $31,000 before vehicle expenses, and about $20,000 after expenses but before taxes in the US.

Those people are driving cars already deemed street legal, and picking up fares in major cities and at airports where local laws have been, for the most part, hashed out authorizing them to drive there.

Meanwhile, the company has produced only about 600,000 cars to date. Not all of them are still on the road.

Tesla said in its fourth-quarter earnings release that it was aiming to deliver 360,000 to 400,000 vehicles in 2019, about 45 percent to 65 percent more than its deliveries last year.

To reach a million robotaxis in 2020, Tesla would have to continue producing cars near the high-end of its previous guidance. Then, the majority of those cars would have to get the necessary software updates to reach Full Self-Driving status, which currently costs $5,000 when customers order the car or $7,000 as an upgrade if added after delivery, although these prices could change over time. Finally, owners would have to agree to let their cars participate in a Tesla robotaxi network.

Meanwhile, truly driverless vehicles do not yet exist. Tesla doesn’t sell one. Neither does any other company.

Deutsche Bank analyst Emmanual Rosner, who took a test drive of the vehicles Tesla showed on Tuesday, was skeptical, writing, “Throughout the ride, the car performed relatively well but experienced a few rough maneuvers and had one disengagement where it failed to recognize cones blocking off some parked vehicles on the side of the road.”

He continued, “Given our own test ride still faced issues despite being on a pre-planned course and under relatively simple road conditions, we believe the company’s targeted timeline for both full self-driving and its robotaxi service is at the very least aggressive. Ultimately, we still wonder whether Tesla can even solve the large challenges of fully autonomous driving with its vision-based approach alone.”

Musk has made grandiose promises about self-driving before.

In October 2016, Musk touted Tesla’s second-generation autonomous driving hardware, saying that system could power full level 5 autonomy in his company’s cars — that means the car could drive in all conditions with zero human attention. Musk said the company expected that a Tesla would be able to complete a hands-free trip across the US by late 2017. As of April 2019, Tesla has not demonstrated any of its vehicles completing such a trip, although self-driving pioneer Anthony Levandowski says a car from his new start-up accomplished the task last December.

Analysts were generally skeptical. Cowen analysts wrote, “The Tesla Network robotaxi plans seemed half baked, with the company appearing toeither not have answers to or not even considered pretty basic question on the pricing,insurance liability, or regulatory and legal requirements.”

Even some historical Tesla bulls were not swayed by the presentation.

Dan Ives, Managing Director of Wedbush Securities said, “The presentation was more visionary and lacked the details the Street wants to know which is key to credibility. It was more geared to the autonomy world as Musk is telling technologists ‘don’t forget about Tesla,’ with Waymo and Uber getting a ton of credit.”

Tesla stock traded down about 4% on Monday, and ticked up by less than a point in mid-day trading on Tuesday. The stock is down about 30% from its most recent peak in December, and down about 9% from a year ago.


Company: cnbc, Activity: cnbc, Date: 2019-04-23  Authors: lora kolodny, frederic j brown, afp, getty images, patrick t fallon, bloomberg
Keywords: news, cnbc, companies, drive, company, selfdriving, car, employee, musk, email, flawed, tesla, elon, day, celebrates, autonomy, cars, vehicles, robotaxi, driving


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Tesla is investigating the apparent explosion of a parked car in Shanghai

Tesla said Monday it immediately sent a team to investigate an apparent explosion of one of its cars that occurred in Shanghai on Sunday evening local time. There are no known casualties at this time, the electric car company said in a Chinese-language post on Weibo, China’s version of Twitter. It was not immediately clear which Tesla model was affected, but reports indicated the car was parked at the time of the fire. In January, Chicago law firm Corboy & Demetrio said that there have been at l


Tesla said Monday it immediately sent a team to investigate an apparent explosion of one of its cars that occurred in Shanghai on Sunday evening local time. There are no known casualties at this time, the electric car company said in a Chinese-language post on Weibo, China’s version of Twitter. It was not immediately clear which Tesla model was affected, but reports indicated the car was parked at the time of the fire. In January, Chicago law firm Corboy & Demetrio said that there have been at l
Tesla is investigating the apparent explosion of a parked car in Shanghai Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-22  Authors: evelyn cheng
Keywords: news, cnbc, companies, version, worldwide, tesla, model, vehicles, parked, explosion, immediately, car, weibo, investigating, shanghai, apparent


Tesla is investigating the apparent explosion of a parked car in Shanghai

Tesla said Monday it immediately sent a team to investigate an apparent explosion of one of its cars that occurred in Shanghai on Sunday evening local time.

There are no known casualties at this time, the electric car company said in a Chinese-language post on Weibo, China’s version of Twitter. Tesla also said it is in active communication and cooperation with relevant departments about the situation.

It was not immediately clear which Tesla model was affected, but reports indicated the car was parked at the time of the fire.

In January, Chicago law firm Corboy & Demetrio said that there have been at least a dozen cases worldwide in the last five years of Model S batteries exploding in collisions and parked vehicles. The statement was part of a lawsuit filed against Tesla that alleged a 2014 Model S had a defective battery pack, causing an 18-year-old passenger to die in an accident last year, Reuters reported.

—Reuters contributed to this report.


Company: cnbc, Activity: cnbc, Date: 2019-04-22  Authors: evelyn cheng
Keywords: news, cnbc, companies, version, worldwide, tesla, model, vehicles, parked, explosion, immediately, car, weibo, investigating, shanghai, apparent


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Aston Martin debuts its first electric car—take a look at the Rapid E

Aston Martin, a luxury British car manufacturer, debuted its new and first all-electric production car, the Aston Martin Rapide E, at Shanghai Motor Show in Shanghai, China, on April 16. There will only be 155 units made, according to Aston Martin. Though the price is only available upon application to buy, according to the website, it’s expected to cost around $330,000, according to CNN. There are twin rear-mounted electric motors, which produce 612 horsepower. All that gives the car a max spee


Aston Martin, a luxury British car manufacturer, debuted its new and first all-electric production car, the Aston Martin Rapide E, at Shanghai Motor Show in Shanghai, China, on April 16. There will only be 155 units made, according to Aston Martin. Though the price is only available upon application to buy, according to the website, it’s expected to cost around $330,000, according to CNN. There are twin rear-mounted electric motors, which produce 612 horsepower. All that gives the car a max spee
Aston Martin debuts its first electric car—take a look at the Rapid E Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-18  Authors: jimmy im, bloomberg, getty images, aston martin
Keywords: news, cnbc, companies, car, martin, cartake, hour, according, look, shanghai, 155, miles, rapid, electric, rapide, zero, aston, debuts


Aston Martin debuts its first electric car—take a look at the Rapid E

Aston Martin, a luxury British car manufacturer, debuted its new and first all-electric production car, the Aston Martin Rapide E, at Shanghai Motor Show in Shanghai, China, on April 16. There will only be 155 units made, according to Aston Martin.

Though the price is only available upon application to buy, according to the website, it’s expected to cost around $330,000, according to CNN.

The four-door Rapide E has a 6-liter, V12-engine and is powered by an 800V battery (encased in a carbon fiber and Kevlar casing) with a 65kWh capacity. There are twin rear-mounted electric motors, which produce 612 horsepower. All that gives the car a max speed of 155 miles per hour, and it can go from zero to 60 miles per hour in four seconds.


Company: cnbc, Activity: cnbc, Date: 2019-04-18  Authors: jimmy im, bloomberg, getty images, aston martin
Keywords: news, cnbc, companies, car, martin, cartake, hour, according, look, shanghai, 155, miles, rapid, electric, rapide, zero, aston, debuts


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The $2.5 million Pininfarina Battista electric hypercar debuts in US

While other automakers packed the Javits Center for the New York International Auto Show, Automobili Pininfarina launched one of the week’s most exciting car debuts at an off-site event. The company’s new all-electric Battista hypercar produces a whopping 1,900 horsepower and reaches 60 miles per hour in under two seconds. That makes it the fastest street-legal car ever built by an automaker, even outrunning a Formula One race car to 60 mph. Pininfarina has previously said that a Battista will h


While other automakers packed the Javits Center for the New York International Auto Show, Automobili Pininfarina launched one of the week’s most exciting car debuts at an off-site event. The company’s new all-electric Battista hypercar produces a whopping 1,900 horsepower and reaches 60 miles per hour in under two seconds. That makes it the fastest street-legal car ever built by an automaker, even outrunning a Formula One race car to 60 mph. Pininfarina has previously said that a Battista will h
The $2.5 million Pininfarina Battista electric hypercar debuts in US Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-18  Authors: mack hogan, h o, automobili pininfarina
Keywords: news, cnbc, companies, car, hypercar, battista, 60, york, million, weeks, pininfarina, thrust, miles, electric, whopping, testarossa, targeting, 25, debuts


The $2.5 million Pininfarina Battista electric hypercar debuts in US

While other automakers packed the Javits Center for the New York International Auto Show, Automobili Pininfarina launched one of the week’s most exciting car debuts at an off-site event.

The company’s new all-electric Battista hypercar produces a whopping 1,900 horsepower and reaches 60 miles per hour in under two seconds. That makes it the fastest street-legal car ever built by an automaker, even outrunning a Formula One race car to 60 mph.

Pininfarina has previously said that a Battista will hit 180 mph in less time than an F-16 fighter jet. All of that thrust comes from electric motors that are fed by a 120 kWh battery and should be good for around 300 miles of range on a single charge.

The company — which has roots in the storied Italian design house that styled iconic cars like the Fiat 124, Maserati GranTurismo, Ferrari Testarossa and Alfa Romeo Spider — is targeting a 2020 release date for the Battista.


Company: cnbc, Activity: cnbc, Date: 2019-04-18  Authors: mack hogan, h o, automobili pininfarina
Keywords: news, cnbc, companies, car, hypercar, battista, 60, york, million, weeks, pininfarina, thrust, miles, electric, whopping, testarossa, targeting, 25, debuts


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Chinese electric sports car Qiantu K50 by Mullen coming to US roads next year

An estimated 40 battery-electric vehicles are on display at this week’s New York International Auto Show, and contrary to their popular image as slow and stodgy, many of them put an emphasis on performance, including the new Qiantu K50 by Mullen. With its twin electric motors drawing power from a lithium-ion battery pack, the K50 can punch out 430 horsepower and 560 pound-feet of torque, enough to launch it from 0 to 60 in just 4.3 seconds, with an electronically limited top speed of 112 mph. Al


An estimated 40 battery-electric vehicles are on display at this week’s New York International Auto Show, and contrary to their popular image as slow and stodgy, many of them put an emphasis on performance, including the new Qiantu K50 by Mullen. With its twin electric motors drawing power from a lithium-ion battery pack, the K50 can punch out 430 horsepower and 560 pound-feet of torque, enough to launch it from 0 to 60 in just 4.3 seconds, with an electronically limited top speed of 112 mph. Al
Chinese electric sports car Qiantu K50 by Mullen coming to US roads next year Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-18  Authors: paul a eisenstein, haze fan, adam jeffery
Keywords: news, cnbc, companies, roads, car, york, twomonth, k50, coming, twin, stodgy, vehicles, weeks, mullen, chinese, qiantu, electric, technologies, torque


Chinese electric sports car Qiantu K50 by Mullen coming to US roads next year

An estimated 40 battery-electric vehicles are on display at this week’s New York International Auto Show, and contrary to their popular image as slow and stodgy, many of them put an emphasis on performance, including the new Qiantu K50 by Mullen.

With its twin electric motors drawing power from a lithium-ion battery pack, the K50 can punch out 430 horsepower and 560 pound-feet of torque, enough to launch it from 0 to 60 in just 4.3 seconds, with an electronically limited top speed of 112 mph.

Already on sale in China, there is a two-month backlog of orders, said David Michery, founder and CEO of California-based Mullen Technologies, a start-up partnering with Chinese automaker Qiantu Motor to bring the K50 to the U.S. market next year.


Company: cnbc, Activity: cnbc, Date: 2019-04-18  Authors: paul a eisenstein, haze fan, adam jeffery
Keywords: news, cnbc, companies, roads, car, york, twomonth, k50, coming, twin, stodgy, vehicles, weeks, mullen, chinese, qiantu, electric, technologies, torque


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Check out this $275,000 ‘Avengers’-themed car Robert Downey Jr. gave Chris Evans

When it comes to getting gifts for your coworkers, Robert Downey Jr. really knows how to go above and beyond. The actor, who plays Iron Man in Disney’s Marvel movie franchise, gifted a customized 1967 Chevrolet Camaro to his “Avengers: Endgame” costar, Chris Evans. And if that’s not enough, the car is worth an estimated $275,000. The car’s design even evokes the superhero Captain America, the character that Evans plays alongside Downey Jr. in the Marvel movies, and it even features a steering wh


When it comes to getting gifts for your coworkers, Robert Downey Jr. really knows how to go above and beyond. The actor, who plays Iron Man in Disney’s Marvel movie franchise, gifted a customized 1967 Chevrolet Camaro to his “Avengers: Endgame” costar, Chris Evans. And if that’s not enough, the car is worth an estimated $275,000. The car’s design even evokes the superhero Captain America, the character that Evans plays alongside Downey Jr. in the Marvel movies, and it even features a steering wh
Check out this $275,000 ‘Avengers’-themed car Robert Downey Jr. gave Chris Evans Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-18  Authors: tom huddleston jr, dave j hogan, getty images, source
Keywords: news, cnbc, companies, car, 275000, gave, avengersthemed, marvel, plays, evans, chris, worth, jr, downey, check, captain, wheel, superhero, thats, robert


Check out this $275,000 'Avengers'-themed car Robert Downey Jr. gave Chris Evans

When it comes to getting gifts for your coworkers, Robert Downey Jr. really knows how to go above and beyond.

The actor, who plays Iron Man in Disney’s Marvel movie franchise, gifted a customized 1967 Chevrolet Camaro to his “Avengers: Endgame” costar, Chris Evans. And if that’s not enough, the car is worth an estimated $275,000.

The car’s design even evokes the superhero Captain America, the character that Evans plays alongside Downey Jr. in the Marvel movies, and it even features a steering wheel emblazoned with Captain America’s shield in the center.


Company: cnbc, Activity: cnbc, Date: 2019-04-18  Authors: tom huddleston jr, dave j hogan, getty images, source
Keywords: news, cnbc, companies, car, 275000, gave, avengersthemed, marvel, plays, evans, chris, worth, jr, downey, check, captain, wheel, superhero, thats, robert


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This is what $420,000 Lamborghini looks like covered with 2 million Swarovski crystals

First bitcoin enthusiasts were into buying Lamborghinis with the crypto, and now a Russian Instagram star has covered her Lambo in Swarovski crystals. Blogger and Instagram model Daria Radionova (also CEO of DR Jackets, according to her Instagram bio) says she bedazzled her Lamborghini Aventador SV in 2 million Swarovski crystals, revealing the car in London on April 6. The supercar costs around $421,000 without the custom bling. “Two million crystals were applied by hand, and it took over 700 h


First bitcoin enthusiasts were into buying Lamborghinis with the crypto, and now a Russian Instagram star has covered her Lambo in Swarovski crystals. Blogger and Instagram model Daria Radionova (also CEO of DR Jackets, according to her Instagram bio) says she bedazzled her Lamborghini Aventador SV in 2 million Swarovski crystals, revealing the car in London on April 6. The supercar costs around $421,000 without the custom bling. “Two million crystals were applied by hand, and it took over 700 h
This is what $420,000 Lamborghini looks like covered with 2 million Swarovski crystals Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-18  Authors: jimmy im, steve russell, getty images, melmedia
Keywords: news, cnbc, companies, car, covered, million, looks, sv, wrote, instagram, took, swarovski, radionova, lamborghini, crystals, used, 420000


This is what $420,000 Lamborghini looks like covered with 2 million Swarovski crystals

First bitcoin enthusiasts were into buying Lamborghinis with the crypto, and now a Russian Instagram star has covered her Lambo in Swarovski crystals.

Blogger and Instagram model Daria Radionova (also CEO of DR Jackets, according to her Instagram bio) says she bedazzled her Lamborghini Aventador SV in 2 million Swarovski crystals, revealing the car in London on April 6. The supercar costs around $421,000 without the custom bling.

“Two million crystals were applied by hand, and it took over 700 hours to make” the car, Radionova wrote in an Instagram post. The majority of the crystals are black, with red crystals used to spell out “SV” on the car’s sides.


Company: cnbc, Activity: cnbc, Date: 2019-04-18  Authors: jimmy im, steve russell, getty images, melmedia
Keywords: news, cnbc, companies, car, covered, million, looks, sv, wrote, instagram, took, swarovski, radionova, lamborghini, crystals, used, 420000


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Jaguar I-Pace electric SUV sweeps awards at New York auto show

The Jaguar I-Pace electric sport utility vehicle swept the World Car Awards handed out at the New York International Auto Show on Wednesday. Jaguar’s first electric vehicle took home the awards for best design, best green car award and best overall vehicle. “In my 40 years in this business, this is my Oscar moment,” said Jaguar Director of Design Ian Callum, as he accepted the final award during a ceremony at the Jacob K. Javits Center in New York City, where the auto show opens to public Friday


The Jaguar I-Pace electric sport utility vehicle swept the World Car Awards handed out at the New York International Auto Show on Wednesday. Jaguar’s first electric vehicle took home the awards for best design, best green car award and best overall vehicle. “In my 40 years in this business, this is my Oscar moment,” said Jaguar Director of Design Ian Callum, as he accepted the final award during a ceremony at the Jacob K. Javits Center in New York City, where the auto show opens to public Friday
Jaguar I-Pace electric SUV sweeps awards at New York auto show Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-17  Authors: robert ferris, adam jeffery
Keywords: news, cnbc, companies, awards, york, suv, jaguar, award, electric, ipace, vehicle, auto, design, best, car, sweeps


Jaguar I-Pace electric SUV sweeps awards at New York auto show

The Jaguar I-Pace electric sport utility vehicle swept the World Car Awards handed out at the New York International Auto Show on Wednesday.

Jaguar’s first electric vehicle took home the awards for best design, best green car award and best overall vehicle.

“In my 40 years in this business, this is my Oscar moment,” said Jaguar Director of Design Ian Callum, as he accepted the final award during a ceremony at the Jacob K. Javits Center in New York City, where the auto show opens to public Friday.


Company: cnbc, Activity: cnbc, Date: 2019-04-17  Authors: robert ferris, adam jeffery
Keywords: news, cnbc, companies, awards, york, suv, jaguar, award, electric, ipace, vehicle, auto, design, best, car, sweeps


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Apple in talks for sensors that could hint it’s building a self-driving car

The talks are focused on next-generation lidar, a sensor that provides a three-dimensional look at the road. The people declined to name the companies Apple has approached. Current lidar systems, including units from Velodyne mounted on Apple’s fleet of self-driving test vehicles, use laser light pulses to render precise images of the environment around the car. In addition to evaluating potential outside suppliers, Apple is believed to have its own internal lidar sensor under development, two o


The talks are focused on next-generation lidar, a sensor that provides a three-dimensional look at the road. The people declined to name the companies Apple has approached. Current lidar systems, including units from Velodyne mounted on Apple’s fleet of self-driving test vehicles, use laser light pulses to render precise images of the environment around the car. In addition to evaluating potential outside suppliers, Apple is believed to have its own internal lidar sensor under development, two o
Apple in talks for sensors that could hint it’s building a self-driving car Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-17  Authors: david paul morris, bloomberg, getty images
Keywords: news, cnbc, companies, talks, apples, selfdriving, sensors, apple, lidar, hint, vehicle, companies, sensor, building, systems, vehicles, car, familiar


Apple in talks for sensors that could hint it's building a self-driving car

Apple has held talks with at least four companies as possible suppliers for next-generation lidar sensors in self-driving cars, evaluating the companies’ technology while also still working on its own lidar unit, three people familiar with the discussions said.

The moves provide fresh evidence of Apple’s renewed ambitions to enter the autonomous vehicle derby, an effort it calls Project Titan. The talks are focused on next-generation lidar, a sensor that provides a three-dimensional look at the road.

Apple is seeking lidar units that would be smaller, cheaper and more easily mass produced than current technology, the three people said. The iPhone maker is setting a high bar with demands for a “revolutionary design,” one of the people familiar with the talks said. The people declined to name the companies Apple has approached.

The sensor effort means Apple wants to develop the entire chain of hardware to guide autonomous vehicles and has joined automakers and investors in the race to find winning technologies.

Current lidar systems, including units from Velodyne mounted on Apple’s fleet of self-driving test vehicles, use laser light pulses to render precise images of the environment around the car. But the systems can cost $100,000 and use mechanical parts to sweep the laser scanners across the road.

That makes them too bulky and prone to failure for use in mass-produced vehicles. The shortcomings have spurred $1 billion in investment at dozens of startups and mature companies alike to make lidar smaller, cheaper and more robust.

Apple’s interest in next-generation lidar sensors comes as it has sharply increased its road testing while bringing on key hires from Tesla and Alphabet’s Google.

It remains unclear whether the goal of Apple’s Project Titan is to build its own vehicle or supply the hardware and software elements of self-driving car while pairing with a partner for the entire vehicle.

But what is clear from Apple’s interest in cheaper lidar systems is that it wants to control the “perception stack” of sensors, computers and software to drive an autonomous vehicle, regardless of who makes the vehicle, another person familiar with the talks said. The three people familiar with the talks declined to be identified because the discussions are not public.

In addition to evaluating potential outside suppliers, Apple is believed to have its own internal lidar sensor under development, two of the people said.

Alphabet-owned Waymo has taken a similar path, assembling a sensor and computer system while inking deals to buy vehicles from Fiat Chrysler.

Apple gets “a lot of optionality by working on the perception stack,” said the second person familiar with the talks. “Bringing a passenger car to the market is really, really hard, and there’s no reason right now they need to jump into it.”


Company: cnbc, Activity: cnbc, Date: 2019-04-17  Authors: david paul morris, bloomberg, getty images
Keywords: news, cnbc, companies, talks, apples, selfdriving, sensors, apple, lidar, hint, vehicle, companies, sensor, building, systems, vehicles, car, familiar


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