Tesla’s Model 3 interior (even the steering wheel) is now 100% leather-free – gpgmail


Tesla said Saturday that its Model 3 interiors are now completely free of leather, fulfilling a promise made by CEO Elon Musk at this year’s annual shareholder meeting.

Tesla has been closing in on a leather-free interior for a couple of years now. But a sticking point was the steering wheel, which Musk made mention of at the company’s shareholder meeting in June in response to a request from PETA activist.

I believe we were close to having a non-heated steering wheel, that’s not leather,” Musk said at the time.There are some challenges when when heat the non-leather material and also how well it wears over time.”

Musk said Model Y and Model 3 would be vegan by 2020. He wasn’t sure if the company would be able to meet that same goal for the Model S and X.

 

 

Activist shareholders made a proposal in 2015 that Tesla no longer use animal-derived leather in the interiors of its electric vehicles by 2019. While stockholders rejected that proposal, Tesla did begin rolling out more “vegan” interior components in its cars.

The company began by offering leather-free seats as an option. Two years ago, Tesla made the synthetic material standard in its Model 3, Model X and Model S vehicles.


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Elon Musk says The Boring Company will launch in China this month – gpgmail


Elon Musk wants to drill holes in China. The Tesla founder has tweeted to reveal that his tunnelling and transportation startup, The Boring Company, will be launch in China later this month.

Musk is due to speak at an AI conference, called the World Artificial Intelligence Conference, taking place in Shanghai on August 29-31. Replying to a tweet about the event he announced: “Will also be launching The Boring Company China on this trip.”

Another Twitter user chipped into the conversation to ask whether the company would also do underwater tunnels — to which Musk replied simply “yes“.

A securities filing last month revealed that the The Boring Company had raised its first outside investment via the sale of $120M in stock. So the company has some extra cash sloshing around to plough into new ventures.

It also recently landed its first commercial contract: $48.7M to build and operate an underground “people mover” in Las Vegas, focused on the Las Vegas Convention Center.

This underground ‘people mover’ is not, as you might imagine, a tried and tested metro train system. The plan apparently involves building two tunnels: One for vehicles (Musk does also sell electrics cars) and a second tunnel for pedestrians who will be carried in (modified) Tesla cars. The latter fully autonomous, under the plan.

Current generation Teslas are not capable of driving themselves, merely offering driving assistance features to humans. But autonomous driving inside a tunnel is about as much of a controlled environment you could hope for — without, y’know, sticking cars together on rails and making a driverless train (like the one that’s been serving London’s Docklands area since 1987).

The Las Vegas contract specifies three months of safety testing before Musk’s modified Teslas will be allowed to whisk people through the tunnel.

Another design that The Boring Company has proposed — for an ambitious Loop system from Washington, D.C. to Baltimore — is still on the drawing board, having attracted major safety concerns by failing to meet several key national safety standards, including lacking sufficient emergency exits and not taking note of the latest engineering practices.

So perhaps, in looking to expand The Boring Company by taking his spade to the Far East, Musk is hoping for a more accommodating set of building standards to drive an electric truck through.




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Elon Musk’s Boring Company snags $120 million in new funding – gpgmail


Elon Musk’s tunneling and transportation startup The Boring Company has raised its first outside investment through the sale of $120 million in stock, according to a securities filing.

The details of authorized sale of stock were first reported by Bloomberg News, which reviewed the filing obtained by Prime Unicorn Index.

The main investors in the stock sale were 8VC, Vy Capital, Craft Ventures and Valor Capital, and DFJ, according to a Boring Company spokesperson.

Steve Jurvetson, a longtime friend, adviser and early backer of Musk’s other companies SpaceX and Tesla, also made an investment through his new fund.

The investment comes just a two months since the The Boring Company landed a $48.7 million commercial contract to build and operate an underground “people mover” in Las Vegas. After receiving approval from the Las Vegas Convention and Visitors Authority, TBC secured the contract in May to build an underground loop system that shuttles people.

The initial design for the project, dubbed Campus Wide People Mover, or CWPM, will focus on the Las Vegas Convention Center, which is currently in the midst of an expansion that is expected to be completed in time for CES 2021. The newly expanded Las Vegas Convention Center will span about 200 acres once completed. The Las Vegas Convention and Visitors Authority (LVCVA)estimates that people walking the facility would travel two miles from one end to the other, a distance that prompted officials to find a transportation solution.

Since landing the contract in Las Vegas, TBC has ramped up its hiring as it starts to scale up and move beyond the status of Musk pet project. (TBC hasn’t publicized how many people it employs; estimates from various sources put it at more than 80 people, although there’s evidence of overlap between SpaceX and TBC.)

TBC previously raised nearly $113 million last year.

Update: The original article did not include the primary investors in the stock sale.



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