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Tesla CEO Musk’s Tweet Hints at Top Secret Masterplan


07/11/2016


Tesla CEO Musk’s Tweet Hints at Top Secret Masterplan
Following an embattled several weeks for the Silicon Valley heavyweight, part two of his "top secret Tesla masterplan" would soo be published by Tesla Motors Inc CEO Elon Musk who tweeted to this effect on Sunday this week.
 
Apart from the fact that there are ongoing questions being raised regarding Musk's plans to combine his electronic vehicle company, Tesla, with his solar panel maker company SolarCity Corp, Musk has also been tormented by reports of two crashes of Tesla cars in recent times. The tweet from the Tesla owner comes amidst such news for the company and which read "Working on Top Secret Tesla Masterplan, Part 2. Hoping to publish later this week."
 
In Pennsylvania on July 1, a driver riding a Tesla Model X, crashed into a turnpike guard rail. The National Highway Traffic Safety Administration (NHTSA) is investigating the crash "to determine whether automated functions were in use at the time of the crash,” the agency announced last week related to the Tesla accident.
 
"Based on the information we have now, we have no reason to believe that Autopilot had anything to do with this accident," Tesla has said in response to the investigation news.
 
On May 7 this year, the driver of a Tesla Model S that was operating in Autopilot mode was killed in a crash in Florida. The July crash investigation announcement follows the announcement of the NHTSA disclosing that it was also probing the Florida accident.

Keeping itself in a lane, maintain speed and operate for a limited time without a driver doing the steering is allowed by the Tesla Autopilot system.
 
SolarCity over which Musk serves as chairman and principal shareholder was proposed to be bought over by Tesla last month. Tesla would be able to get into the market for sustainable energy for homes and businesses by the deal as expected by Musk.
 
The proposed acquisition of SolarCity by Tesla has been called as "shameful example of corporate governance at its worst" by Jim Chanos of Kynikos Associates.
 
On the other hand reports that the German transport ministry was investigating Tesla Motors Inc for updating driving assistance software without informing authorities were denied by the country’s transport ministry. It however added that it was "clarifying technical issues" on the matter.
 
A new software that had not been examined for security during regular approval proceedings was reportedly uploaded to a driving assistance system in Tesla cars, reported the German magazine Der Spiegel reported, without citing a source. It added that this has prompted the ministry to launch an investigation.
 
"The report is incorrect. There are no investigation proceedings against Tesla. We are clarifying the technical issues," the ministry spokesman added. "At the moment, it is a normal gathering of information on the status quo between the Federal Office for Motor Vehicles (KBA) and the ministry," a ministry spokesman said.

It is cooperating with the KBA car watchdog, an agency that reports to the Transport Ministry in Berlin, said a spokesperson for Tesla in Germany.
 
By "investigating", they meant that German authorities were reviewing certain components, a Tesla spokeswoman later said.
 
(Source:www.reuters.com) 


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