Rei writes: After two profitable quarters last year, Tesla was hit by a perfect storm of filled U.S. backlog, S/X cannibalization by Model 3, a botched international launch, and price cuts due to U.S. tax credit phaseouts, leading to a very poor Q1 showing. While cashflow went positive in Q2, profits remained elusive, and — relying on lower-cost Model 3 variants…
Tag: Smart Summon
Tesla’s New ‘Smart Summon’ Feature Reportedly Crashes a Car Into a Garage
Tesla owners who paid for “full self-driving capability” received a software update this week with a Smart Summon feature. In private parking lots, and always within line of sight, the Tesla will magically make its way to an awaiting owner. “Smart Summon can be stopped at any point by the owner removing their finger from a button on the phone app,…