The freedom to travel anywhere is critical to Tesla’s mission. Since the introduction of our 265-mile Model S in 2012, we’ve continued to revisit every aspect of the design to deliver the longest-range and highest-performance electric vehicles on the road.
Tesla is the last major carmaker remaining in California, and the largest manufacturing employer in the State with more than 10,000 employees at our Fremont factory and 20,000 statewide. We understand the impacts COVID-19 has caused and have a responsibility to look out for the livelihoods and safety of our personnel, many of whom rely on us and have been out of work for weeks due to the impacts of shelter-in-place orders.
We are pleased to welcome Hiromichi (Hiro) Mizuno to Tesla’s Board of Directors and Audit Committee, effective April 23, 2020.
At Tesla, we believe safety in our operations is achieved through engagement, education, innovation and continual improvement. That’s why we focus not just on our overall rate of injury, but also on how to prevent individual injuries before they happen.
This petition is completely false and was brought by a Tesla short-seller. We investigate every single incident where the driver alleges to us that their vehicle accelerated contrary to their input, and in every case where we had the vehicle's data, we confirmed that the car operated as designed. In other words, the car accelerates if, and only if, the driver told it to do so, and it slows or stops when the driver applies the brake.
Model X made history when it became the first and only SUV to ever receive a 5-star safety rating in every category and sub-category from the U.S. National Highway Traffic Safety Administration. Today, we’re excited to build on that legacy with the addition of a 5-star safety rating from the European New Car Assessment Programme (Euro NCAP), which evaluates a car’s safety assistance features as well as its ability to protect adults, children and vulnerable road users.
It’s here. Software Version 10.0 – our biggest software update ever. We’re raising the bar for what people have come to expect from their cars with new entertainment, gaming, music, and convenience features designed to make your car much more capable, as well as making time spent in your car more fun.
We engineer our cars to be the best in the world – in every category. Model 3, our most affordable car yet, is no exception. From the start, we designed it to be among the safest cars ever built, with the goal of getting as many Model 3s on the road as possible to further our mission.
Starting today, we’re launching Tesla Insurance, a competitively priced insurance offering designed to provide Tesla owners with up to 20% lower rates, and in some cases as much as 30%. Tesla Insurance offers comprehensive coverage and claims management to support our customers in California, and it will expand to additional U.S. states in the future.
Less than two years ago, Tesla built and installed the world’s largest lithium-ion battery in Hornsdale, South Australia, using Tesla Powerpack batteries. Since then, the facility saved nearly $40 million in its first year alone and helped to stabilize and balance the region’s unreliable grid.