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Tesla Acquires Trucking Firms To Ensure Early Delivery of Model 3: Elon Musk

Musk, who was the Chairman of Tesla for three years, stepped down earlier in September

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Tesla, board
Tesla to lay-off 7% full-time staff amid China dreams. Pixabay

Tesla has acquired trucking companies to ensure early delivery of Model 3 and help buyers get tax credits by the end of the year, the electric car company’s CEO Elon Musk said in a tweet on Friday.

Tesla had, originally, suggested that buyers who wanted to take advantage of the full $7,500 EV federal tax incentive would need to order their vehicles by October 15.

However, Tesla has reopened that window and extended it a fair bit.

“Tesla just acquired trucking capacity to ensure Model 3 can be delivered in US by December 31 if ordered by November 30,” Musk tweeted.

He explained that the automaker had “bought some trucking companies” and “secured contracts with major haulers” to avoid future logistical complications that have plagued Tesla as Model 3 deliveries rise dramatically.

That amounts to an extra six weeks of ordering time to take advantage of the $7,500 EV tax incentive before the phase-out begins for deliveries starting on January 1, CNET reported late on Thursday.

Buyers getting new Tesla delivery on or before December 31, will be eligible for the full $7,500 federal tax incentive.

Elon Musk, tesla
Tesla CEO, Elon Musk. (Wikimedia Commons)

For deliveries between January 1 and June 30, 2019, the incentive will be halved to $3,750, and it will further be halved for another six months before disappearing entirely.

Those waiting for the fabled $35,000 Model 3 will miss the full incentive, as the vehicle is on target for the first half of 2019, the report said.

While Tesla declined request for additional information, including the names of the acquired companies and those with which Tesla has secured contracts, Musk said that they are going to ship east with the trucks instead of trains, which is shortening the transit times by weeks.

“Skipping rail saves over a month for East Coast deliveries. All things considered, it’s better to use trucks. Single load or unload and direct to owner location,” Musk wrote.

Also Read- Google Rolls Out New System Update to “Wear OS”

Musk, who was the Chairman of Tesla for three years, stepped down earlier in September.

He paid a $20 million fine in a deal with the stock market regulatory authority, Securities and Exchange Commission (SEC) to resolve securities fraud charges.

Robyn Denholm from Telstra has been appointed as the Chairwoman of the Tesla Board. Musk, however, remains as Tesla’s chief executive and the biggest investor. (IANS)

Next Story

Self-driving Tesla Robotaxi Coming in 2020, Claims Elon Musk

Uber has shortlisted five countries — India, Japan, Australia, Brazil and France — and a city in one of them will become the first Uber Air City outside of the US

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Tesla CEO Elon musk, board
Tesla CEO Elon Musk. (VOA)

Tesla CEO Elon Musk has said that the electric car maker is ready to fly autonomous robotaxis from 2020.

Making a series of bold predictions during the Tesla Autonomy Day at the Palo Alto-based headquarters late on Monday, Musk said the company expects to get necessary approvals by 2020.

“I feel very confident predicting that there will be autonomous robotaxis from Tesla next year — not in all jurisdictions because we won’t have regulatory approval everywhere,” TechCrunch reported Musk as saying.

“In places where there aren’t enough people to share their cars, Tesla would provide a dedicated fleet of robotaxis,” the report added.

Tesla Founder and CEO hoped that robotaxis would return home and automatically park and recharge.

Tesla also unveiled a new Samsung-made microchip that, the company said, was being included in every new car.

Charging problems with electric car
Tesla cars recharge at a Tesla station at a shopping center in Charlotte, N.C., June 24, 2017. Buyers of Tesla’s luxury models have access to a company-funded Supercharger network. VOA

Musk said that by the middle of 2020, Tesla’s autonomous system will have improved to the point where drivers will not have to pay attention to the road.

“We will have more than one million robotaxis on the road,” Musk said. “A year from now, we’ll have over a million cars with full self-driving, software… everything.”

He said Tesla would soon develop cars that could last for at least one million miles with minimal maintenance.

Taxi hailing company Uber is also planning the next generation of transportation – flying taxis.

Also Read- Microsoft Employees Decry ‘996’ Chinese Work Culture

It has named Dallas and Los Angeles in the US as the first two cities for the commercial launch of its aerial taxi service by 2023 and has been on the lookout to select an international city as its third partner.

Uber has shortlisted five countries — India, Japan, Australia, Brazil and France — and a city in one of them will become the first Uber Air City outside of the US. (IANS)