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Elon Musk goes deep, says 'Nobody should be CEO forever'

When someone achieves as much as Elon Musk has, it's easy to become fascinated not just with what the person is doing, but who that person is on a personal level. Sure, many of us are curious about what the future of Tesla or SpaceX looks like from inside the mind of its CEO, but some of us are also curious what he eats for breakfast. In a recent interview with Auto Bild, the German interviewers do a great job of getting Musk to open up about his business plans, his daily habits and even some of his deeper, more meaningful musings. "Nobody should be CEO forever." – Elon Musk Musk says he would likely remain CEO of Tesla Motors for three or four more years, at least long enough to see volume production of the upcoming Model III and building of the Gigafactory (for which Musk was able to command enormous incentives from the state of Nevada). "I will never leave Tesla forever, but I may not be CEO forever," Musk said. "Nobody should be CEO forever." When hiring, Musk looks for "evidence of exceptional ability" and "a track record of exceptional achievement." That does not necessarily include a college degree. "If you look at, say, people like Bill Gates or Larry Ellison, Steve Jobs, these guys didn't graduate from college, but if you had a chance to hire them, of course that would be a good idea." At an interesting point in the conversation, the interviewers ask Musk to describe himself. He says that he has an innate sense of drive and that he seeks the truth, but it's interesting to watch him dig deep to come up with an answer. "All these introspective questions are interesting," he said. "I don't get asked these very often." Musk goes on to talk about how he originally expected both SpaceX and Tesla to fail, how he lived on borrowed money to keep his companies afloat and even how he'd like to die on the planet Mars. While we didn't get to hear any more about the demon that is artificial intelligence, the video is an interesting journey through the life and mind of an exceptional person. Watch the whole thing below. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Car and Driver 10Best list cracked by Tesla Model S, BMW 3 Series left off

Car and Driver is keeping new blood pumping into its annual 10Best cars list with three new entries making it on for 2015 and a perennial favorite falling off. Among the biggest shocks this year is that the BMW 3 Series and 4 Series are no longer named, despite years of some portion of that lineup earning a mention. In another surprise, the Tesla Model S (specifically in S 60 trim to fit under the $80,000 cost cap) makes it to the 2015 roster and is the only electrically motivated member of the group. Despite the loss of the 3 Series, BMW isn't entirely shut out this year, because the M235i gets its name on the list. Car and Driver argues that the little coupe feels like a welcome throwback to the E46 chassis M3 of the early 2000s. In addition to the Model S, the final newbie to the annual group is the 2015 Ford Mustang GT. The inclusion of these new members knocks the Audi A6/A7 family and Ford Fiesta ST out from the 2014 rundown. The other seven models carry over from last year, including the Cadillac CTS, Chevrolet Corvette Stingray, Honda Accord, Mazda3, Mazda6, Porsche Boxster/Cayman and Volkswagen Golf/GTI. The 2015 10Best cars list certainly seems to have something for everyone from the hot hatch fan to the family man and even the green car driver, thanks to the addition of the Tesla. Head over to Car and Driver to read its detailed explanations for each vehicle's inclusion, but if you've got a difference of opinion or just really like the list, let us know in Comments. Featured Gallery Car and Driver 2015 10Best Cars List View 10 Photos News Source: Car and DriverImage Credit: Car and Driver, BMW, Cadillac, Chevrolet, Ford, Honda, Mazda, Porsche, Tesla, Volkswagen Auto News BMW Cadillac Chevrolet Ford Honda Mazda Porsche Tesla Volkswagen Convertible Coupe Hatchback Performance Sedan 10Best

Recharge Wrap-up: Tesla details factory expansion; Ford and SunPower raise money for Sierra Club

Tesla has revealed the details of the upgrade of its Fremont, CA factory. One major change is the addition of a dedicated production space for the dual-motor P85D version of the Model S. Robots will be doing the battery installation on the Model S to save some time, and new export docks allow Tesla to get the cars out the door and on the way to their new owners more quickly. The new robots that move the cars around the factory have been named after X-Men characters, which makes our inner geeks smile. Check out the factory upgrade in the time-lapse video below and read more at Teslarati or at the Tesla Motors Blog. A program in Beijing for privileged registrations for EVs hasn't had much success. Of the 1,424 lottery winners, only about 30 percent went on to register an electric car despite a two-month extension of the deadline to do so. Buyers are likely discouraged by the lack of charging infrastructure, which the city hopes to ameliorate with the addition of 1,000 new charging stations by the end of the year, and by requiring new and renovated developments to set aside parking specifically for EV charging. Read more at Green Car Reports. The UC Davis Institute of Transportation Studies suggests that laws designed to protect dealers and consumers are stymieing the adoption of EVs. Laws like the ones certain states have in place that block or otherwise restrict Tesla's direct-to-consumer business model are not helpful for companies that want to introduce new products to the market. They prevent companies from passing on savings to customers for whom they would likely make the difference in a purchasing decision. One possible solution would be to allow exemptions to certain selling restrictions for a certain number of vehicles sold. "This could give automakers the degree of control needed to work out kinks with early customers, develop scalable processes for supporting PEVs, and ensure that effective dealer performance standards are in place before handing the reins over to wholly independent retailers," according to UC Davis ITS. Read more at the UC Davis website. Volkswagen says its environmental program, called "Think Blue. Factory," is meeting the automaker's own sustainability targets. The main purpose of the program is to move toward eco-friendlier carmaking at each of its plants worldwide.

Elon Musk shuts down speculation that Falcon Wing doors will disappear

Since learning that deliveries of the Model X from Tesla Motors would now be delayed until sometime next summer, speculation has focused on the rear doors of the electric SUV as the likely source of the problem. We think this is a pretty good assumption considering that CEO Elon Musk said as much himself. Called falcon wing doors because they are said to resemble that bird of prey in flight, they open upwards, hinging in two places – the somewhat similar gull wing doors only have one hinge, where they're attached to the roof – which allows them to be opened in tighter spaces than the sea bird design. While the original prototype of the Model X had working wings, the engineering for a production model is no doubt a lot more difficult. Noted analyst Adam Jonas of Morgan Stanley said yesterday in a report that cut delivery estimates of the postponed car, "A door of that size and weight is going to be very hard to lift. Furthermore, having a hole of that size in the side of the car (that cuts deeply into the roof) could severely compromise structural rigidity impacting handling and safety." While the challenges of the unique rear portals make some investors wish Tesla would just stick with traditional openings, Musk made it clear that the falcon wings are going forward. Taking to Twitter, he tweeted: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Shares of TSLA, which had been on the rise of late, were down a significant -$9.96 (-3.86 percent) as of this writing. To see the doors that are creating the flap, scroll below for video of Musk giving a demonstration with the Model X prototype. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Tesla Model S reduces colors with new options

The Tesla Model S is no longer a "green" car. Or brown, for that matter. Call it a case of streamlining. The California-based automaker will reduce the option choices for the Model S by reducing the number of variants and colors available on its only production vehicle. Elon Musk made the announcement on the company's conference call with analysts earlier this month. Musk said: We've had to make some tough decisions on essentially having fewer versions of the Model S in order to streamline manufacturing and thus be able to ramp production better and have better control in logistics and not have like a million variations on the Model S. The dual motors, we're not going to produce the dual motor 60-kilowatt hour car at all. We're not taking additional orders for the performance 85. We're only doing the performance 85 dual motor and we're cancelling green and brown as colors. These are a few examples, but this helps us streamline the manufacturing and supply chain logistics and enables us to better ramp production. Additionally, there will no longer be an all-wheel-drive version of the 60-kilowatt-hour Model S. Tesla announced its third-quarter results earlier this month, saying it had a record-high 7,785 deliveries for the three-month period. By the end of next year, the company hopes to be knocking out 2,000 vehicles a week, which would put Tesla over the 100,000-annual-vehicle threshold. And with fewer colors to choose from, too.

Tesla wants court to dismiss Georgia dealer lawsuit

Like the fire that forced Rhett Butler and Scarlett O'Hara to flee Atlanta in Gone With the Wind, the battle between Tesla Motors and Georgia's auto dealers is heating up. In late August, the Georgia Automobile Dealers Association (GADA), which represents about 500 dealerships, filed a petition to prevent Tesla from selling its electric vehicles in the state. Tesla is now requesting a Georgia judge to throw out the petition, the Atlanta Business Chronicle says. The issue, as with states such as Texas, New Jersey, Virginia and Arizona, is that dealers say Tesla violates state law by selling vehicles directly to consumers instead of through third-party dealerships not owned by the company. Tesla insists that the company is best suited to oversee all distribution channels because of the uniqueness of the product and plans to open stores in Atlanta's Buckhead area and Decatur next week. The judge won't hear the case until next month. For now, Tesla is allowed to sell as many as 150 vehicles a year in Georgia under a zero-emissions vehicles provision. There's precedent elsewhere for things to improve in states where Tesla and dealers clashed. In August, the company reached a compromise with the state of Pennsylvania that will allow Tesla to open five stores in that state. Of course, there is a precedent for things to go the other way, too.

Recharge Wrap-up: Tesla battery drain reported; ELF two-seater solar trike

Biofuel company KiOR has filed for bankruptcy. KiOR, which was born out of a partnership between Khosla Ventures and Dutch biofuel startup BIOeCON, has debts numbering $261.31 million, with just $58.27 million in assets. The company produced biocrude from cellulosic biomass, but was unable to meet its production targets at its facility in Columbus, MS, and was also facing quality problems and accused mismanagement. KiOR shuttered its biocrude plant earlier this year, and suffered a huge loss in stock value. Read more at Gigaom. Some Tesla Model S owners are complaining again of "vampire" drain during sleep mode. Since downloading the Firmware 6.0, some drivers have reported a battery draw, even when set to "sleep always." Losses can be up to 12 miles of range from sitting overnight, and the latest versions of 6.0 haven't seemed to have solved the problem. Interestingly, the problem isn't affecting all Model S owners. Also, battery draw problems have been reported in the past, which Tesla took steps to fix in previous firmware updates. Read more at Inside EVs. Daimler's Car2go carsharing service is expected to reach 1 million users by the end of the year. The company currently reports 900,000 users worldwide. Car2go operates in 29 cities in North America and Europe, with plans to expand operations to China. "China might be risky, but it also brings lots of opportunities," says Daimler's Rainer Becker. While Car2go has yet to make a profit as a whole, it is moving in that direction, with Becker saying some cities' operations are already profitable. Read more at Automotive News Europe. The ELF solar- and human-powered trike from Organic Transit is now available as a two-seater. The ELF 2FR, as it is called, is a package that adds a rear seat behind the driver of the pod-shaped EV to allow for eco-friendly transport of two adults. The standard ELF retails for $5,495, and the upgrade to the 2FR adds another $499 to the price, which seems like a small premium for doubling the occupancy. Organic Transit hasn't released all the details on its website for the 2FR yet, but the standard ELF charges via outlet or 100-watt solar panel, goes 20 miles per hour and gets the equivalent of 1,800 miles per gallon (though adding the weight of another adult will certainly change those mileage numbers). Check out the Organic Transit's ELF 2FR in the videos below and read more at Treehugger. VIA Motors has received EPA certification for its range-extended electric van.

Is Tesla quietly sitting on 3,000 cars?

Tesla's 2014 third quarter financial report mixed some positive news with gloomy messages. On one hand, the electric carmaker posted its best quarter ever in terms of deliveries, including its best single day with 907 EVs delivered. The company also announced expanded production to get even more vehicles out the door by the end of 2015. However, the Model X got delayed yet again and higher prices in Europe were mulled. Dousing the results with a bit more cold water, a Merrill Lynch investor letter claims there's more to be pessimistic about the business than meets the eye.
The Daily Kanban, quoting research meant for Merrill Lynch clients, claims that Tesla had "approximately 3K vehicles stocked in inventory or in transit" at the end of the Q3. That's a fairly large number considering that the company reports selling 7,785 units for the whole quarter. The statement is also surprising because the automaker has a reputation for keeping excess supply low, and there are allegedly waiting lists for Model S sedans. CEO Elon Musk maintains that the automaker has a problem being able to keep up with high demand, as well.
According to Daily Kanban, the letter further states, "China is proving to be more challenging for Tesla to penetrate than expected." The automaker does not break out sales by region in its Q3 financials to check this assertion, however, the company does report the recently opened store in Shenzhen is one of its top-grossing stores worldwide and that there are now 23 Supercharger locations in 10 Chinese cities.

Recharge Wrap-up: AutoNation CEO calls anti-Tesla laws unnecessary, Common Pence donates subway money

Volkswagen has presented a list of near-term technologies to improve fuel economy and decrease emissions. The list includes an addition to a coasting function in its stop-start system, a 10-speed DSG transmission and a more power-dense four-cylinder TDI engine. Volkswagen aims to be the world's most sustainable automaker by 2018 through electric mobility, improved design and increased environmental performance from internal combustion vehicles. Volkswagen also announced other technologies for increased interactivity and connectivity in its vehicles. Read more at Green Car Congress. Commence Pence is a system that allows subway riders in London to donate their unused transit money to charity. People visiting the city often load up enough on their subway card (called Oyster Card) to get them through their trip and end up with unused funds leftover. Zander Whitehurst, a British designer, has created a device that can use the card's RFID to accept leftover funds, which then get diverted to charity rather than reverting back to the agency in charge of running the subway fare system. See the video below or read more at Wired. Mike Jackson, CEO of AutoNation has called Michigan's efforts to ban Tesla's direct sales in the state "unnecessary protectionism." The statement comes as a bit of a surprise, as it dissents from the majority of auto dealers who support a franchise model, as well as laws that forbid automakers selling directly to the consumer. "If Elon Musk wants to make a mistake and go with an inefficient distribution system, that's his right as an American," says Jackson, showing he feels he has little to fear from the electric automaker. Jackson has more to say on the matter, which you can read over at Green Car Reports. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Featured Gallery Tesla Stores Around The World View 22 Photos News Source: Green Car Congress, Wired, Green Car ReportsImage Credit: Rick Bowmer / AP Government/Legal Green Tesla Volkswagen Fuel Efficiency Transportation Alternatives Electric recharge wrapup

Recharge Wrap-up: BMW integrates EV charging into streetlights, EV Fleet debuts electric pickup

BMW has unveiled prototypes of LED streetlights that also serve as EV charging stations. "Light and Charge is a simple and innovative solution to naturally integrate a reliable network of charging stations in the city," says BMW's Peter Schwarzenbauer. Connected to the ChargeNow network, they're simple to use, and would be readily available when tied to the lighting infrastructure. The two prototypes are currently in use at BMW World, with a pilot project planned for Munich in 2015. Read more at Green Car Congress, or in the (translated) press release below. The Renewable Fuels Association (RFA) is accusing retailers of price gouging E85 to discourage its use. An RFA study found that retailers in St. Louis were marking up E85 as much as a dollar, roughly twice as much as the markup on regular gasoline. "Sneaky E85 pricing strategies ultimately give oil refiners the opportunity to wrongly claim that consumers are 'rejecting' E85," Says RFA president and CEO Bob Dinneen, "and it gives them an opportunity to claim they can't comply with Renewable Fuel Standard (RFS) requirements above the so-called 'blend wall.'" Read more at Biofuels Digest. Charlotte-based EV Fleet has announced the Condor electric pickup (pictured). The vehicle-to-grid-ready Condor has a 1,000-pound payload capacity, and can travel over 100 miles on a single charge. The company plans to build 300 trucks a month when it revs up production next year, with sales targeted toward fleet managers. See the EV Fleet Condor in the video below, read more at Treehugger, or visit EV Fleet's website to learn more. Here's a bold claim. Mutual fund manager Ron Baron says that every home will have a Tesla vehicle in 25 years. The financial guru, well regarded for his predictive stock strategies, is confident about the long-term outlook for the electric carmaker. He feels that Tesla is far ahead of the electric car game compared to other automakers like BMW, whom he believes will end up switching focus from internal combustion to electric powertrains. Read more at ValueWalk. BMW Group presents innovative street lighting with integrated charging station for electric vehicles. Munich. As part of the Eurocities conference in Munich, discuss in from 5 to 8 November 2014 more than 500 representatives of major European cities on pioneering infrastructure projects, the BMW Group presents the prototype of a highly energy efficient street lighting that is both charging station for electric vehicles.