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Tesla has revealed that its premium Model 3 will cost $44,000 before tax rebates, a $9,000 increase over its $35,000 base price. The announcement was made by CEO Elon Musk at tonight’s highly exclusive Tesla Model 3 Delivery event. The base pricing with the standard feature sets goes for $35,000 and a $1,000 reservation fee. With this payment, you get a Model 3 equipped with Autopilot hardware, supercharging, seating for five adults, 215 miles per charge and my personal favorite feature: 0 to 60 mph in under six seconds. As we previously reported, a Model 3 with a larger battery pack would cost around $42,000 to be profitable. The Model 3 premium price is $…
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Yesterday I spoke to BBC Newsday about the Tesla Model 3 and one of the questions they asked was “is the Tesla Model 3 a game changer”. Even before incentives the Model 3 competes with other entry level luxury vehicles like the BMW 3 series and Audi A4. With incentives it moves even further down-market, competing with big sellers like the Toyota Camry (the USA’s top selling car in 2016). That definitely moves Tesla into the mass market with a lot of opportunity to grow. There are some additional factors though that I think makes it a true game changer. Industry Affect It’s already a game changer. Just over a year ago most automakers still dismissed Tesla as …
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A Chinese security research group has hacked a Tesla for the second time. Keen Security Lab at Chinese tech giant Tencent exploited the popular Model X “holiday show” easter egg, turning on the brakes, opening the trunk and doors, and adjusting the lights to blink with the music streaming, through a remote hack. The company first hacked a Model S last September — accessing the brakes in a similar fashion — and Tesla subsequently issued fixes to try and beef up its security regiment. “We informed Tesla of the vulnerabilities we found last year and they corrected them. This year our research found new vulnerabilities and we were able to reproduce the same re…
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Amid all the excitement over the Tesla Model 3 Delivery Event tonight, another big piece of news managed to slide under the radar this week: All of Tesla’s premium interior options will be completely leather-free. While the company hasn’t released an official statement, a Tesla spokesperson confirmed the news to USA Today, saying that Tesla now only sells its premium seating option, a non-animal seating material designed specifically for the company. Teslas still come with leather steering wheels, but there are leather-free options available. “Cars still come with leather-wrapped steering wheels, but cruelty-free vegan options have been offered upon request…
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Tesla CEO Elon Musk teased on Instagram a sneak peek of Friday’s highly anticipated Model 3 Delivery Event, which looks to be the company’s biggest party yet. The serial tech entrepreneur posted a video showing a massive triple-stage adorned by a gorgeous red Model 3 serving as the centerpiece. Perhaps we’ll see all 30 Model 3s being lined up on stage? Oh, and let us not forget about the winning Project Loveday videos which are expected to be featured during the event. A Tesla employee once told us, “There’s a unanimous feeling of being blessed to be part of this company.” To that, and on behalf of the Tesla community, we want to tell them that the sentiment is shared…
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Just check the list of organization in which the Rockefellers (and Rothschilds are in many of them) take part in: The Council on Foreign Relations - David, David Jr., Nelson, John D. III, John D. IV (Jay), Peggy Dulany, Rockefeller Foundation, Rockefeller Brothers Fund. The Trilateral Commission -David, Rockefeller Brothers Fund. The Bilderberg Group - David, John D. IV. The Asia Society - John D. III, John D. IV, Charles, David. The Population Council - John D. III. The Council of the Americas - David. The Group of Thirty - The Rockefeller Foundation. The World Economic Forum - David. The Brookings Institution - Junio…
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Cate Blanchett Breaks Barriers As Marvel's First Female Villain: 'Hopefully There Will Be a Lot More'
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The actress, 48, is stepping into the role of Hela, the goddess of death in the upcoming Thor: Ragnarok — and she recently that she is actually the first female villain to appear in a Marvel movie. “I didn’t realize until Marvel told me that I was inhabiting the first female Marvel villain onscreen,” the actress told E! News at Comic Con. “I thought, ‘Surely not.’ Well, no actually that’s true! There’s been many, many, many in the comic books, but they’ve been a little tardy in bringing them to the screen, so hopefully there will be a lot more villainesses.” Read more: http://people.com/movies/cate-blanchett-breaks-barriers-as-marvels-first-female-villain-hopefu…
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A 9-year-old child born with the AIDS virus was treated briefly with antiretroviral medication as a baby and is now reported to be free of the infection. The rare but stunning case of wiping out the virus that causes AIDS for years after treatment holds promise for all patients with HIV, infectious disease experts said Monday. The case of the South African child, whose gender and identity were kept secret, was one of the highlights of the opening day at the international AIDS conference in Paris. Eight-and-a-half years after treatment, the child shows no signs of infection, adding another piece to the puzzle of eliminating human immunodeficiency virus. “The fact…
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SpaceX has closed a new round of funding as the company proves its abilities to dominate the launch industry. The company raised over $350M from investors at a valuation north of $21B. SpaceX’s last round of funding closed at $1B from Google and Fidelity, that round valued the company at $12B. The Series H funding round was disclosed by Equidate, a site that provides financial data on privately held companies. SpaceX’s $21B valuation brings in into a club of 7 VC backed companies that have valuations north of $20B. Musk has previously stated that he wants to wait as long as possible until bringing SpaceX public. The latest funding round comes as SpaceX accelera…
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Attendees of Friday’s Tesla Model 3 Delivery Event at the company’s Fremont factory will be required to present their unique QR code before being allowed entrance into the exclusive event. The move is seen as a way for Tesla to streamline the check-in process for invitees and their guests to what’s expected to be more of a Tesla employee celebration party. The anticipated event which will take place at an outdoor venue set up outside of the main factory, and live streamed on Tesla.com. CEO Elon Musk will provide remarks beginning at 9PM Pacific (4AM GMT). Based on our experiences from past Tesla events including last year’s Model 3 unveiling event, the “check-in…
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Facebook founder Mark Zuckerberg has once again defended the potential for positive AI growth. Zuckerberg wrote in a Facebook post on Tuesday that he was excited about AI progress because as technology grows, it has the potential to impact many areas of our lives. Initially, Zuckerberg had spoken about his optimism for AI development while smoking meat in his backyard during a Facebook live post. “I have pretty strong opinions on this. I am optimistic,” Zuckerberg said. “And I think people who are naysayers and try to drum up these doomsday scenarios — I just, I don’t understand it. It’s really negative and in some ways I actually think it is pretty irre…
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A former employee of Elon Musk’s The Boring Company has started an Ask Me Anything thread on Reddit under the username “Gizmo,” and some juicy details have emerged. The user’s account has been verified by Reddit moderators, so we know that Gizmo is speaking from a place of authority. There aren’t many public details about the company aside from it being primarily run by interns and only taking up 2-3% of Musk’s time, so Redditors jumped at the chance to learn more. One user asked about the plan for when the company’s tunnel reaches the end of the SpaceX parking lot, to which Gizmo replied: “Hope really hard that LA lets us continue. No, really. The p…
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Tesla’s flex circuit technology could shake things up for companies that produce wiring and other electrical products. A company specializing in wiring manufacturing called Lear Corporation was the target of bubbling doubts over how the flex circuit technology will impact future demand for wiring and cables. During an earnings report, Chris McNally, an analyst from Evercore ISI, asked if flex circuits could “significantly reduce” wiring to the point where it would impact Lear’s business. Frank Orsini, an executive at Lear Corp., didn’t seem fazed by the potential impact. “The flex circuits and different types of applications in the vehicle is nothin…
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With the much-ballyhooed Tesla Model 3 delivery event happening in less than 36 hours (but who’s counting), TSLA stocks have had a quite a ride. July hasn’t been the kindest month to the company, with the stock plummeting nearly 20% after the EV giant missed the mark on its Q2 delivery target, leading analysts to question the affordable Model 3 was knocking down sales of the higher-priced Models X and S. Taking a look at this week, things started low at $330.23, but had a steady increase, peaking at Tuesday’s opening bell at $345.13. It declined after that high, and for Wednesday the stock ebbed and flowed as per usual with no noticeable changes to speak of. The…
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