2019 Tesla Model 3 Standard Range Plus on 2040-cars

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Tesla hires Hacker Princess Kristin Paget away from Apple

Might it be that one of Apple Computer's software-security gurus wasn't quite, ahem, secure enough to resist the pull of Tesla Motors CEO Elon Musk? Kristin Paget, who held the illustrious title of "Hacker Princess" at Cupertino, CA-based Apple, starts working for nearby Tesla this week, Re/code says. Paget would only say on her Twitter feed that the gig was "something security-related" and added that she "shouldn't say too much." Paget would only say that the gig was "something security-related." Paget joined Apple in 2012 after spending time with Microsoft, where she was responsible for security in the Vista operating system. Paget was also known within the Silicon Valley cognoscenti for her instructions on how to build a fake cell tower that could intercept cellphone calls. Tesla's headquarters in Fremont are just 25 miles from Apple's, but the poaching is far more than merely geographic. Tesla has always been big on technological advancements and has been steadily making over-the-air software upgrades to the Model S. Most recently, Musk and Tesla Chief Technology Officer Straubel toured Western Europe, talkind to Tesla owners and followers. They said the company was on the cusp of releasing Version 6.0 of the Model S software, which includes more suspension control as well as real-time traffic data. We wonder what features Paget will bring to Version 7. Featured Gallery Tesla Model S: Quick Spin View 33 Photos News Source: Re/code via Pulse2Image Credit: Copyright 2014 AOL Green Tesla Electric microsoft security software

VW, Rivian, Nissan, BMW, Genesis, Audi and Volvo lose EV tax credits starting tomorrow

The U.S. Treasury said Monday that Volkswagen, BMW, Nissan, Rivian, Hyundai and Volvo electric vehicles will lose access to a $7,500 tax credit under new battery sourcing rules. The Treasury said the new requirements effective Tuesday will also cut by half credits for the Tesla Model 3 Standard Range Rear Wheel Drive to $3,750 but other Tesla models will retain the full $7,500 credit. Vehicles losing credits Tuesday are the BMW 330e, BMW X5 xDrive45e, Genesis Electrified GV70, Nissan Leaf , Rivian R1S and R1T, Volkswagen ID.4 as well as the plug-in hybrid electric Audi Q5 TFSI e Quattro and plug-in hybrid (PHEV) electric Volvo S60. The Swedish carmaker is 82%-owned by China’s Zhejiang Geely Holding Group. The rules are aimed at weaning the United States off dependence on China for EV battery supply chains and are part of President Joe Biden's effort to make 50% of U.S. new vehicle sales by 2030 EVs or PHEVs. Hyundai said in a statement it was committed to its long-range EV plans and that it "will utilize key provisions in the Inflation Reduction Act to accelerate the transition to electrification." Rivian declined to comment and the other automakers could not immediately be reached for comment. Treasury also disclosed General Motors electric Chevrolet Bolt and Bolt EUV will qualify for the full $7,500 tax credit. GM said earlier it expected at least some of its EVS would qualify for the $7,500 tax credit under the new rules, including the 2023 Cadillac Lyriq and forthcoming Chevrolet Equinox EV SUV and Blazer EV SUV. Treasury said all GM EVs will qualify. Earlier, Ford Motor and Chrysler-parent Stellantis said most of their electric and PHEV models would see tax credits halved to $3,750 on April 18. Treasury confirmed the automakers' calculations. The rules were announced last month and mandated by Congress in August as part of the $430 billion Inflation Reduction Act (IRA). The IRA requires 50% of the value of battery components be produced or assembled in North America to qualify for $3,750, and 40% of the value of critical minerals sourced from the United States or a free trade partner for a $3,750 credit. The law required vehicles to be assembled in North America to qualify for any tax credits, which in August eliminated nearly 70% of eligible models and on Jan. 1 new price caps and limits on buyers income took effect.

Morgan Stanley says Tesla is world's most important automaker [w/poll]

If you had to choose one automaker, out of the dozens out there on the marketplace, to identify as the single most important in the world, which would it be? Toyota, the world's largest automaker? General Motors, which once laid claim to the same and is still the largest in America? Volkswagen, the largest in Europe? Or maybe Hyundai, which has risen like a phoenix from the proverbial ashes to become the fourth largest in the world? Nope, nope and nope, says financial services company Morgan Stanley: it's Tesla.
The potentially startling conclusion came in the form of an investment report cited by the LA Times and issued by Morgan Stanley research analyst Adam Jones, who wrote that "Tesla Motors has transformed from a fledgling start-up to arguably the most important car company in the world."
To back up the claim, Jones asserts that Tesla is not only an emerging force to be reckoned with in its own right, but has also spurred other, more established automakers to take electric vehicles (and their champion) more seriously. It's also prompted local governments to solicit Tesla to build its new gigafactory in their state, and encompasses more US content than any other car on the road.