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Tesla’s Electric Vehicles To Find Parking Spot On Their Own By 2019

"Model 3" has been available for over a year now with the 'Long-Range' battery pack version for 310 miles of range

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

Announcing major improvements for Tesla’s Autopark (Summon) feature, CEO Elon Musk has said the company’s electric vehicles would be able to find a parking spot and even read signs for parking instruction to avoid tickets by next year.

The “AutoPark” feature comes with “Autopilot” which is its semi-autonomous driver assistance system. When prompted by a driver, the feature can move a vehicle into a parking spot.

“By next year, a Tesla should be able to drive around a parking lot, find an empty spot, read signs to confirm it’s valid and park,” Musk tweeted late Wednesday.

The electric carmaker’s “Autopilot” feature also uses software and hardware to enable automatic steering, braking, accelerating and lane changing under certain conditions.

“Musk described the technology as a ‘slightly smarter version’ of the automaker’s ‘Autopark’ feature which currently enables a Tesla to parallel park or perpendicular park on its own once the car is next to a clearly marked open spot,” reported USA Today.

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Tesla CEO- Elon Musk. (VOA)

The company has faced flak calling it “Autopilot”, since drivers are supposed to keep their hands touching the steering wheel.

Last month, the electric car maker announced a version of “Model 3” with a new ‘mid-range’ battery pack for $45,000 before incentives.

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“Costs $35k after federal and state tax rebates in California, but true cost of ownership is closer to $31k after gas savings,” Tesla CEO Elon Musk wrote on Twitter.

“Model 3” has been available for over a year now with the ‘Long-Range’ battery pack version for 310 miles of range. (IANS)

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Bumpy Road Ahead For Tesla

Attempting to build affordable clean energy products at scale necessarily requires extreme effort and relentless creativity

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Visitors inspect Tesla electric cars at Brussels Motor Show, Belgium, Jan. 18, 2019. VOA

Electric car and solar panel maker Tesla said Friday it plans to cut its staff by about 7 percent.

“The road ahead is very difficult,” the company’s founder and CEO Elon Musk said in an email to employees posted on the company’s website.

He said Tesla Inc. hopes to post a “tiny profit” in the current quarter but that after expanding its workforce by 30 percent last year, it cannot support that size of staff.

Musk said in a tweet in October that Tesla had 45,000 employees. A 7 percent cut would involve laying off about 3,150 people.

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

Tesla’s shares tumbled earlier this month after it cut vehicle prices by $2,000 and announced fourth-quarter sales figures that fell short of Wall Street estimates.

“Our products are too expensive for most people,” Musk said in the memo to Tesla staff saying the company has to “work harder.”

“Tesla has only been producing cars for about a decade and we’re up against massive, entrenched competitors,” he said.

The company says it delivered over 245,000 electric cars and SUVs last year, nearly as many as all previous years combined. But its 2018 production fell far short of a goal set nearly three years ago of manufacturing 500,000 vehicles for the year. That goal was announced in May of 2016 based on advance orders for its mid-range Model 3, which sells for $44,000.

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Musk said Tesla plans to ramp up production of the Model 3, “as we need to reach more customers who can afford our vehicles.”

“Attempting to build affordable clean energy products at scale necessarily requires extreme effort and relentless creativity,” he said in the memo, “but succeeding in our mission is essential to ensure that the future is good, so we must do everything we can to advance the cause.” (VOA)