Connect with us

News

Faraday Future will live stream its car unveiling on January 3 at 6pm PST

Published

on

Faraday Future announced that it will live stream the unveiling of its much-talked-about first production car on January 3, 2017 at 6pm PST. The company revealed a newly redesigned website which prominently displays a countdown clock to the unveiling scheduled to take place at CES 2017 in Las Vegas, NV.

The website uses what the company calls particle imagery — a series of points that are combined by computers to represent how the car’s advanced LiDAR scanning and mapping systems view the physical world surrounding the vehicle. The website makes no specific reference to radar. It is well known that Elon Musk is cool to the idea of using LiDAR sensors because of their inability to “see” through fog, rain, snow, and mist.

Between now and the the actual reveal, the website image will add more graphic points to flesh out what the car will look like in silhouette. For the moment, the chassis of the car is viewable to show what the car’s platform looks like.

Anyone interested in information about reserving a Faraday Future automobile may use the Create Account link at the bottom of the home page. Those who create an account will be notified immediately when more information about how to reserve a car comes available. According to a press release from the company, “Both the desktop and mobile sites were developed to share exact functionality and parity between the two. As a mobility company, this parity speaks to FF’s mission to create universal interactivity in the digital space.”

Digging a little deeper into the Faraday Future website, the company says it is “planning to launch a brand new, state-of-the-art automotive production plant” in North Las Vegas “in the very near future.” People familiar with company know that work on that factory has been suspended, reportedly because Faraday Future has run out of money. In fact, Dan Schwartz, treasurer of the state of Nevada, has said publicly that Jia Yueting, the principal financial backer of the company, “[is] out of money. Could he get more money? My sources in China say the government there isn’t financing him. I wonder where and how they’re going to continue this project.”

Advertisement
-->

Last week, Faraday Future renewed its contract with the city of Vallejo, California to explore the feasibility of building a second, smaller factory on North Mare Island in San Francisco Bay. Taking a page from Tesla Motors, Faraday Future is also using videos posted to YouTube to build interest in itself. The most recent video shows the company’s crossover SUV lining up against a Ludicrous Tesla Model X P100D in a drag race. Although the Faraday car is draped in camouflage, it appears to have a shape similar to a crossover or sport utility vehicle. The fact that it is pitted against a Model X contributes to the impression that the Faraday will be an SUV  type vehicle.

"I write about technology and the coming zero emissions revolution."

Advertisement
Comments

News

Tesla makes two big interior changes to several Model Y vehicles

Published

on

Credit: Tesla

Tesla has made two big interior changes to several Model Y vehicles in its lineup, and the changes come just as the new model year begins production.

Last year, Tesla launched the Model Y Standard, which separated the previous models into the “Premium” category. The Standard vehicles lack several features, including more premium interior materials, acoustic-lined glass, and storage.

@teslarati There are some BIG differences between the Tesla Model Y Standard and Tesla Model Y Premium #tesla #teslamodely ♬ Sia – Xeptemper

The Model Y “Premium” trims are now getting several new upgrades, which come after the company launched a seven-seat configuration of the vehicle last night in the North American market for an upcharge of $2,500.

The new Model Y seven-seat configuration did not come with just an additional row of seating; it also came with a slew of other goodies that now come standard and were previously only available on the Model Y Performance, which was launched late last year.

All Black Headliner

The new Tesla Model Y Premium trims will now come standard with a black headliner, something that many owners have been requesting for some time.

Advertisement
-->

The previous grey headliner and trim within the vehicle is now gone; it will be all black on all of the Premium trims from here on out, a welcome change:

Credit: Tesla

Larger and Higher Resolution Center Touchscreen

The center touchscreen in the new Model Y Premium configuration is now larger and has a higher resolution than the previous version.

In last year’s Model Y configurations (apart from the Performance), the center touchscreen was 15.4″. Now, Tesla has decided to go with the 16″ version across all Premium trims, which is a nice step up. It was nice to see this in the Performance, but it is really great to see Tesla include this in the Model Y’s more Premium trim levels.

Tesla Model Y Seven Seater

Tesla launched the latest iteration of the seven-seater for the Model Y on Monday night. Traditionally, the Model Y seats five passengers in total, but there were calls for a more spacious version several years ago.

Tesla released it, but it was extremely tight in the back, basically reserving those back seats for only small people or children.

Credit: Tesla

The new configuration looks to be slightly more spacious in the third row, but not as much space as most would require or want. Instead,

Advertisement
-->
Continue Reading

Elon Musk

Lufthansa Group to equip Starlink on its 850-aircraft fleet

Under the collaboration, Lufthansa Group will install Starlink technology on both its existing fleet and all newly delivered aircraft, as noted by the group in a press release.

Published

on

Credit: Lufthansa

Lufthansa Group has announced a partnership with Starlink that will bring high-speed internet connectivity to every aircraft across all its carriers. 

This means that aircraft across the group’s brands, from Lufthansa, SWISS, and Austrian Airlines to Brussels Airlines, would be able to enjoy high-speed internet access using the industry-leading satellite internet solution.

Starlink in-flight internet

Under the collaboration, Lufthansa Group will install Starlink technology on both its existing fleet and all newly delivered aircraft, as noted by the group in a press release

Starlink’s low-Earth orbit satellites are expected to provide significantly higher bandwidth and lower latency than traditional in-flight Wi-Fi, which should enable streaming, online work, and other data-intensive applications for passengers during flights.

Starlink-powered internet is expected to be available on the first commercial flights as early as the second half of 2026. The rollout will continue through the decade, with the entire Lufthansa Group fleet scheduled to be fully equipped with Starlink by 2029. Once complete, no other European airline group will operate more Starlink-connected aircraft.

Advertisement
-->

Free high-speed access

As part of the initiative, Lufthansa Group will offer the new high-speed internet free of charge to all status customers and Travel ID users, regardless of cabin class. Chief Commercial Officer Dieter Vranckx shared his expectations for the program.

“In our anniversary year, in which we are celebrating Lufthansa’s 100th birthday, we have decided to introduce a new high-speed internet solution from Starlink for all our airlines. The Lufthansa Group is taking the next step and setting an essential milestone for the premium travel experience of our customers. 

“Connectivity on board plays an important role today, and with Starlink, we are not only investing in the best product on the market, but also in the satisfaction of our passengers,” Vranckx said. 

Continue Reading

Elon Musk

Tesla locks in Elon Musk’s top problem solver as it enters its most ambitious era

The generous equity award was disclosed by the electric vehicle maker in a recent regulatory filing.

Published

on

Credit: Duke University

Tesla has granted Senior Vice President of Automotive Tom Zhu more than 520,000 stock options, tying a significant portion of his compensation to the company’s long-term performance. 

The generous equity award was disclosed by the electric vehicle maker in a recent regulatory filing.

Tesla secures top talent

According to a Form 4 filing with the U.S. Securities and Exchange Commission, Tom Zhu received 520,021 stock options with an exercise price of $435.80 per share. Since the award will not fully vest until March 5, 2031, Zhu must remain at Tesla for more than five years to realize the award’s full benefit.

Considering that Tesla shares are currently trading at around the $445 to $450 per share level, Zhu will really only see gains in his equity award if Tesla’s stock price sees a notable rise over the years, as noted in a Sina Finance report.

Still, even at today’s prices, Zhu’s stock award is already worth over $230 million. If Tesla reaches the market cap targets set forth in Elon Musk’s 2025 CEO Performance Award, Zhu would become a billionaire from this equity award alone.

Advertisement
-->

Tesla’s problem solver

Zhu joined Tesla in April 2014 and initially led the company’s Supercharger rollout in China. Later that year, he assumed the leadership of Tesla’s China business, where he played a central role in Tesla’s localization efforts, including expanding retail and service networks, and later, overseeing the development of Gigafactory Shanghai.

Zhu’s efforts helped transform China into one of Tesla’s most important markets and production hubs. In 2023, Tesla promoted Zhu to Senior Vice President of Automotive, placing him among the company’s core global executives and expanding his influence beyond China. He has since garnered a reputation as the company’s problem solver, being tapped by Elon Musk to help ramp Giga Texas’s vehicle production. 

With this in mind, Tesla’s recent filing seems to suggest that the company is locking in its top talent as it enters its newest, most ambitious era to date. As could be seen in the targets of Elon Musk’s 2025 pay package, Tesla is now aiming to be the world’s largest company by market cap, and it is aiming to achieve production levels that are unheard of. Zhu’s talents would definitely be of use in this stage of the company’s growth.

Continue Reading