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Tesla wants to hackproof the Model S

Apparently, Tesla Motors is abiding by the wise words of Chinese military general Sun Tzu to keep its friends close and its enemies closer. The tech-heavy electric vehicle maker attended the recent Def Con conference in Las Vegas, The Wall Street Journal reports, in order to learn about computer-security advances and to attract hackers. Come and get it. But Tesla's there for good reason. The California-based automaker is looking to hire at least 30 hackers from the conference (which is chock full of hacking competitions), according to the Journal. Kristin Paget, Tesla's self-described "hacker princess," notes that with the automotive industry increasingly relying on networked communications for features ranging from on-board entertainment to parallel-parking controls, automakers are very vulnerable to whims of expert hackers. Tesla has a built-in way to play defense since it already regularly sends out wireless software updates for its Model S sedan. In February, Tesla hired Paget away from Apple Computer to improve its virtual shields. Paget previously worked at Microsoft, specifically with its Vista operating system, before joining Apple in 2012. She once gained notoriety for writing a manual on how to build a fake cell tower that was capable of intercepting mobile-phone calls, so she's got a good eye for these things.

Tesla Announces Details Of Proposed Gigafactory Battery Plant

It's another day and electric automaker Tesla Motors is in the news once again. Tesla announced Wednesday that they will be offering $1.6 billion in convertible senior notes to the public. According to the press release, Tesla will use these funds to assist in "the development and production of its 'Gen III' mass market vehicle, the development of the Tesla Gigafactory and other general corporate purposes." The "Gigafactory" is a proposed lithium-ion battery plant that will sit on an estimated 500-1000 acres of land, employ around 6,500 employees and have an estimated vehicle output of 500,000 units per year in 2020, according to the automaker. That amount of vehicles will require an estimated 50 gigawatt hours of energy per year in battery pack production. That's more energy in lithium-ion batteries than was produced globally in 2013. Construction of the Gigafactory is anticipated to take place during 2014 and all of 2015, followed by equipment installation in 2016. First production launch is scheduled for 2017. In keeping with the environmentally friendly theme, the Gigafactory will be "heavily powered" by both solar and wind energy, and according to our colleagues at Autoblog Green, "will also use older Tesla packs for storage." Tesla still hasn't announced in which state the factory will be built, but it has been narrowed down to four: Arizona, New Mexico, Nevada, and Texas. More details can be read in this PDF document released by Tesla and in the press release below. TESLA ANNOUNCES $1.6 BILLION CONVERTIBLE NOTES OFFERING WEDNESDAY, FEBRUARY 26, 2014 PALO ALTO, Calif., February 26, 2014 – Tesla announced today an offering of $1.6 billion aggregate principal amount of convertible senior notes in an underwritten registered public offering. Of the total offering, Tesla will offer $800 million aggregate principal amount of convertible senior notes due 2019 and $800 million aggregate principal amount of convertible senior notes due 2021. In addition, Tesla intends to grant the underwriters a 30-day option to purchase up to an additional $120 million in aggregate principal amount of convertible senior notes due 2019 and an additional $120 million in aggregate principal amount of convertible senior notes due 2021, for a total potential offering size of up to $1.84 billion. Tesla intends to use the net proceeds from the offering to accelerate the growth of its business in the U.S.

Recharge Wrap-up: Dedicated stop-start battery, anti-Tesla states win Luddite Award

Arizona, Michigan, New Jersey and Texas have been awarded a Luddite Award for blocking Tesla sales. The collective honor is bestowed by the Information Technology & Innovation Foundation (ITIF) for standing "resolutely in opposition to innovation." It's a particularly hard blow for the proudly auto-centric state of Michigan, whose Governor Rick Snyder signed an anti-Tesla bill into law in October. ITIF is now accepting votes for the "worst of the worst," with the "winner" to be announced February 5. Among the awardees in the running are Virginia and Nevada for their stances on ridesharing services. Read more in the press release below, in the ITIF's report or at the Detroit Free Press. Tesla has put the finishing touches on its underground Supercharger station in London. The subterranean chargers reside below the Westfield London shopping mall, which is also home to a Tesla Store. The Westfield London station is Tesla's largest underground station in Europe. Have a look in the attached photo gallery, or visit Tesla's Facebook page for more. Johnson Controls has developed a dedicated battery for stop-start system. The small lithium-ion battery allows for more frequent and longer engine stops, improving fuel economy by as much as eight percent. It weighs just nine pounds, and with no need for thermal management, it offers more packaging freedom within the vehicle. The battery offers a lifespan of four to six years, with a price in the hundreds of dollars. Johnson Controls will debut the start-stop battery at the North American International Auto Show in Detroit, with deployment beginning in Europe in 2018. Read more at Automotive News. ITIF Announces 2014 Luddite Awards WASHINGTON – (January 5, 2015) Technological innovation is the wellspring of social and economic progress. Despite this, a growing array of interests-some economic, some ideological-now stand resolutely in opposition to innovation. These "neo-Luddites" have worked to convince the public and policymakers that technological innovation is something to be feared and contained. Their targets include genetically modified organisms, new Internet apps, smart electric meters, health IT, big data, and increasingly productivity itself. And if these advocates are successful Americans will suffer in the form of lower quality of life and reduced societal growth.