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Tesla's Biggest Problem Yet Elon Musk Was Right You might have heard that the new Tesla Model S is having some major issues. If you haven’t, here’s what you need to know: The autopilot feature has been reported to cause cars to suddenly veer off the road, resulting in crashes and injuries. People who purchased their Tesla with this feature are not happy about this, as they expected better from one of the most innovative companies of our time. However, it appears that Elon Musk was right about one thing – people still don’t get Tesla... What is the problem? Elon Musk was right all along. The new Tesla Model 3 is not just a car, it is a computer on wheels with as much computing power as a MacBook Pro. This has major consequences for the car industry and Tesla in particular. Tesla's big problem is that it needs to solve the software side of its business before it can deliver on its promise of reducing emissions from transportation. To do this Tesla needs to build up an army of software engineers and programmers who know how to write code for autonomous vehicles. First off, they need people who are good at writing code so they can meet their deadline next year when they want to release a self-driving car. It doesn't matter how many people buy a Tesla if there aren't enough coders who understand the intricacies of making a self-driving vehicle safe enough for public use. How did this happen? Tesla is a company that has seen its share of problems. But this one might be the biggest yet. The Model 3, Tesla's first mass-market electric vehicle, was supposed to start production in July 2017. And it did...sort of. A few months into production, they were only making 260 per week. In October 2017 they had reached an output of 1,500 units per week and set a goal to reach 5,000 per week by the end of December 2017. At least on paper, those goals have been met: during the last quarter of 2017, Tesla built more than 27,000 vehicles. The problem lies with who they're building them for: approximately 15% are being sold as part of their resale value guarantee program (or RVG) which guarantees customers that if the car loses 50% or more of its value over 4 years (excluding things like wear and tear), then Tesla will buy it back for 50% of what you originally paid for it. Who is to blame? CEO Elon Musk is to blame for Tesla’s current problems. The company has been in the red since the start of 2019 and is close to running out of cash, and the CEO has a solution: raise more money by offering $2 billion in new debt or go private at $420 a share. However, many experts believe that going private would be detrimental because Tesla would not have access to public capital markets and would not be able to use federal tax incentives that are available only for publicly traded companies. Furthermore, it might also lead to lawsuits from investors who have loaned Tesla billions of dollars, expecting that they will be paid back eventually with interest. Another criticism is that taking Tesla private means less transparency and scrutiny for the company. What can be done to fix it? Tesla is a great car company with an innovative products but has one major problem. The price. Tesla starts at $70,000 and can go up to $150,000 depending on the model and options. This makes it inaccessible to the average consumer. They need to find a way to lower their prices for it to be more affordable and accessible for all consumers. One idea would be to lower the quality of some of their parts so that they are cheaper, but this will only last for so long before it causes problems with the cars. Another idea is to start producing electric cars that are not as expensive as Nissan Leaf or Chevy Bolt which cost around $30,000-$40,000 less than a Tesla. A Second Look at the Tesla Cybertruck: Why the Cybertruck is So Controversial. The Tesla cyber track, which recently made news headlines, has been the subject of controversy since its inception. Although the idea behind the truck sounds great in theory, many people believe that this vehicle should not be permitted on public roads because it poses such a significant threat to public safety—and they have valid reasons for their concern. The Design. Tesla has developed a semi-truck that they have dubbed the cyber track. The trucks are designed to be more aerodynamic and feature an electric drive train. The company claims it will be able to travel 800 miles on a single charge. Tesla also says that their truck will cost less to operate than diesel-powered trucks, which are currently being phased out in many countries for environmental reasons. but this could be offset by future advances in battery technology. but there hasn't been any discussion about driverless cars with steering wheels or pedals yet. Truck driver's unions believe that automation would lead to mass unemployment as fewer people would need to drive trucks. They point out that driving requires a skilled labor force who possess necessary skills like time management, attention span, awareness of surroundings, and navigation techniques. Other groups argue that autonomous vehicles would lead to safer roads as computers would have precise calculations of where a vehicle is supposed to go even if conditions change such as sudden weather changes. The Features. Tesla's newest electric truck, which was unveiled earlier this month, has sparked a new round of controversy and debate. Its unveiling comes on the heels of a recent executive order by President Trump that seeks to roll back Obama-era fuel economy standards for cars and trucks. The EPA released an analysis in early 2017 stating that these rules would reduce greenhouse gas emissions by about 6 billion metric tons over the lifetime of vehicles sold between 2012 and 2025. In comparison, the six largest U.S. oil companies produced 11 billion barrels of crude oil in 2016 alone. For those who oppose these regulations, there are arguments that they make it too costly for many people to purchase a vehicle and potentially compromise safety standards due to reduced weight requirements. But what does the environmental perspective have to say about this? If you compare driving an average gasoline-powered car for one year with using a battery-powered car, the electric car will use 40% less energy and produce 40% fewer CO2 emissions (about 1 ton). It is important to consider how much fossil fuels are being used and where these fuels come from. The Price. The cost of a Tesla truck is one of the most controversial aspects of this vehicle. There are many benefits to purchasing a truck with a lower sticker price, but many worry that a cheaper price will reduce quality and efficiency. The goal for the company's trucks was to make them as efficient as possible while also keeping them affordable. The base model starts at $150,000 and can go up to $180,000 depending on the options chosen by buyers. Despite the relatively high prices, these trucks are meant to compete against other trucks in terms of fuel efficiency and durability. Overall, customers seem satisfied with the price they pay for their vehicles--especially considering how long they last and how fuel-efficient they are--and believe it is worth it because they don't have to put much money down upfront. The Reception. Tesla has been making waves with their newest product, the cyber track. The truck was first announced back in November and has been heavily anticipated ever since. However, this new product comes with a price tag that will make any potential buyers' stomachs churn - $150,000 for just a base model. The question of whether or not this product can sell at such an outrageous price point has many people debating and some even claiming that it's nothing more than a phantom production. Critics are saying that the hefty price will scare off potential customers while supporters believe it's worth every penny. Either way, we won't have to wait long to find out as pre-orders go on sale today.