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Tesla returns to Pwn2Own hacking competition with Model 3 as target and prize

(Photo: Andres GE)

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Last year, Tesla made headlines when it made a Mid-Range Model 3 RWD a target and prize at a Pwn2Own hacking competition. Two hackers participating at the event were able to find a vulnerability with the Model 3’s browser, allowing them to win the vehicle and over $350,000 in prize money. But Tesla is a company that never stays still, so this year, the electric car maker is returning to an upcoming Pwn2Own event this March, armed with a much more secure Model 3 and a bigger cash reward. 

This time around, Tesla is offering three tiers of prizes for hackers who can find vulnerabilities in the Model 3. Hackers who wish to claim the highest “Tier 1” prize would need to pivot through multiple systems in the car to find vulnerabilities. But if they are successful, they will win the Model 3 and a $500,000 prize. But that’s not all. Contestants can also aim to acquire additional options to increase the cash prize to $700,000. 

In a statement to Forbes, a spokesperson from Trend Micro ZDI explained that Tesla’s challenge this year is incredibly tough, but it also comes with a record-setting reward. “This represents the single largest target in Pwn2Own history. If someone can do this, it would also mean 70 total Master of Pwn points, which is nearly insurmountable,” the spokesperson said. “We wanted to include Tesla because they pioneered the concept of a connected car and over-the-air updates for their entire vehicle fleet nearly a decade ago, and have been leading the space ever since.”

Just like last year, Tesla will be joining other tech companies at the upcoming Pwn2Own event. While Tesla appears to be the only automaker that is willing to test its vehicles’ security against the best white hat hackers in the industry, other mainstream tech companies are also allowing their key products to be targets for the competition. Google’s Chrome, Microsoft’s Edge, Apple’s Safari, and Mozilla’s Firefox web browsers, for example, are all targets this time around for the Web Browser category. At the same time, Microsoft’s Office 365 Plus and Adobe Reader are the targets for the Enterprise Applications category.  

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Tesla’s participation in events such as Pwn2Own highlights the company’s Silicon Valley roots. The company’s electric vehicles usually dominate the news cycle, resulting in Tesla being commonly dubbed as a carmaker. But the company is far beyond that, as it is, at its core, a tech firm. This is one of the reasons why Teslas are so different from any other vehicle on the road. Its vehicles are equipped with proprietary software and hardware that provides something akin to an Apple-like experience for customers. 

This distinction is something that Tesla had emphasized since 2014, when the company broke conventions by launching its Bug Bounty program. By doing so, Tesla practically invited white hat hackers to find security faults in its vehicles. Tesla’s efforts have largely borne fruit, with several security features today, such as PIN-to-Drive, being developed as a result of the company’s Bug Bounty program.  

The upcoming Pwn2Own event will be held at the CanSecWest conference, which is scheduled to run from March 18-20, 2020.

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Simon is an experienced automotive reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday. For stories or tips--or even to just say a simple hello--send a message to his email, simon@teslarati.com or his handle on X, @ResidentSponge.

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Lucid denies rumors of bankruptcy after over 40% stock drop

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Credit: Lucid

Electric vehicle maker Lucid Group has denied rumors of an imminent bankruptcy after a report from this morning sent the stock on a dramatic drop on Wall Street, seeing losses of more than 40 percent during trading hours.

Lucid’s Director of Communications, Nick Twork, responded to the report from Eletric-Vehicles.com, which stated the company’s restructuring advisor, AlixPartners, was asked to review two decisions: taking Lucid shares private or filing for Chapter 11 bankruptcy protection.

The report also claims AlixPartners told the Lucid board to “concentrate on Gravity production while improving its quality, and to temporarily hold back the Lucid Air, the sedan that has defined the company since its launch.”

Twork said:

Shares rebounded after the response to the report, halving its losses as the trading day neared 3 p.m. Eastern.

Lucid has struggled to get its sales off the ground and into more respectable numbers, but the company is in its early years, when things are hard to begin with. It is also backed by several notable investors, including the Saudi Public Investment Fund (PIF), which has nearly limitless money and likely would not ditch an investment of this size so soon.

Lucid shares were down just 14 percent at the time of publication, a far cry from the 55 percent its losses topped out at during the day.

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Tesla owner attempts resale of Model S Signature Edition for over $260k

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Credit: Tesla

A Tesla owner who purchased a Model S Signature Edition, one of the final 250 units of the all-electric flagship vehicle that the company discontinued earlier this year, is attempting to sell the car despite a no-resale clause that prohibits reselling for the first year.

The car is being sold by J&S Autohaus in Ewing, New Jersey, and is priced at $260,490, well above the $159,420 that Tesla sold it for earlier this year.

To those who do not know, the Model S Signature was a highly exclusive, limited-run farewell variant of the Model S Plaid that was produced this year to mark the end of production of both the Model S and Model X, Tesla’s two flagship vehicles.

Limited to just 250 units with invite-only sales, it serves as a collector’s item celebrating the legacy of the Model S, which helped pioneer Tesla’s electric vehicle success since its 2012 launch.

It bundles top-tier performance with bespoke cosmetic and luxury upgrades, plus Tesla’s Luxe Package. Here’s what the Model S Signature has over the typical Model S Plaid:

  • Exclusive Exterior – Unique Garnet Red Paint, matching door handles, gold Tesla “T” badges upfront, gold Plaid and Signature badging at the rear.
  • Premium Interior – White Alcantara upholstery with gold piping/accents, gold Plaid seat badges, Signature-marked door sills, individually numbered dashboard plaque, gold puddle lights, special interior lighting sequence, and a custom Signature key fob.
  • Performance Upgrades – Carbon-ceramic brakes with gold calipers
  • Bundled Luxe Package – Full Self-Driving (Supervised), four years of Premium Connectivity, free lifetime Supercharging
  • Performance Metrics – ~1,020 horsepower, sub-2-second 0-60 MPH, ~390-mile range

Tesla quickly introduced a No Resale Agreement for the Signature Editions of the Model S and Model X, which would penalize the seller for “the amount of $50,000 or the value received as consideration for the sale or transfer, whichever is greater.”

The company continues:

“If you sell or otherwise transfer the ownership of your Model S or Model X, the remainder of the Recommended Maintenance, Wheel and Tire Protection Plan, and Windshield Protection Plan will transfer automatically to the buyer. The Full Self-Driving (Supervised), Free Supercharging and Premium Connectivity will not transfer with the vehicle and will terminate once the ownership of the Model S or Model X is transferred.”

Tesla will likely come after the seller, especially as it has been about two months since Tesla launched deliveries.

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Tesla Full Self-Driving v14.3.5 Early Impressions: new features and early performance

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Credit: TESLARATI

Tesla rolled out Full Self-Driving (Supervised) v14.3.5 yesterday, and about fifty miles of driving on the new version has given me enough time to highlight what seems to be strong about the release and what is not.

Additionally, Tesla has added a few new features with this specific update, which we’ll highlight as well.

Tesla Full Self-Driving v14.3.5 Performance

The new update is business as usual. Things seem to be running completely normal and necessary, but there are a few things that we’ve seemed to pick up on based on our own experience with v14.3.5, as well as what other users are seeing.

Initially, it seems to be more aware of its surroundings, making moves that are incredibly courteous to other drives and operating just a tad more reserved than what the suite might have done previously.

We had two instances where it showed this, the first being FSD needing to pass a Flagger Force vehicle that was placing down signage for the day. Their work truck was right at the front corner of a right-hand turn; typically where most cars travel when they take that turn.

FSD v14.3.5 recognized this, slowed down, and took the turn wide with no issues:

Additionally, v14.3.5 backed up for a semi truck that was making a wide turn onto a road my car was on. This is not new, but it seemed to be backing up for courtesy; it didn’t seem completely necessary, but it might have put some peace of mind in the truck driver’s head:

X user Mike P, also a Pennsylvania native like myself, shared three clips of his Tesla running v14.3.5 performing similar maneuvers. He said:

“FSD turns right into a small alley that only fits one car at a time, sees oncoming car, reverses out of alley to make space, realizes oncoming car is actually parking, re-enters alley.”
Check it out here:

It seems like Speed Profiles are still in need of some tweaking; I am adjusting what Speed Profile I’m in frequently, constantly changing it to get it to travel at the correct speed. This was an issue for me on v14.3.4. It seems like they’re just a little inconsistent.

Terrible Parking

Parking attempts on v14.3.5 were not good. There are quite a few people who have said this:

David Moss, the Tesla owner who has taken multiple coast-to-coast drives without any interventions, also has had some issues with parking early on with v14.3.5:

New Features

Tesla has added the ability to open Camera Preview at any time. Previously, it was only available in Park. Here’s what that feature looks like in action:

Check back later this week for a longer review of what we’ve noticed on Full Self-Driving v14.3.5.

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