Tesla will offer a software update free of charge to customers, the agency said.

"Almost all input is error. Car should do the right thing automatically."

SAL KHAN: Right, exactly. ELON MUSK: Because for sure failure is one of the possibilities. But, ideally, you want to try to bracket it and say success is in the envelope of outcomes. And I wasn't quite sure if that was the case. I think success on an academic level would have been quite likely, because you can publish some useless paper--

We don't need the threat of repo men to keep you paying your car note – miss a Tesla payment and your car will phone home and lock its doors. When the tow arrives, it will flash its lights, honk its horn and back out of its parking space for repossession.

So far this year, regulatory credits account for $1.18 billion, or 7% of total automotive revenue.

Revenue rose to a record $8.77 billion from $6.30 billion a year earlier. Analysts had expected revenue of $8.36 billion, according to IBES data from Refinitiv.Excluding items, Tesla posted a profit of 76 cents per share. It reported net income of $331 million, or $874 million excluding stock-based compensation awards given to Musk.Revenue from the sale of regulatory credits made up $397 million. Without that revenue, Tesla would not have achieved a profitable quarter.

Management is in shambles.

Aaron Greenspan

Elon Musk, with a $2.3 billion package

The pay package Tesla promised to Elon Musk was so large, we had to add an extra dimension to the chart below to display it accurately

If you do the math

four

Given that a lot is happening in Q1, we do not expect to be profitable in the first quarter

Blockchains are NOT about cutting computational costs (at least relative to centralized servers). Blockchains are about incurring a sacrifice in the form of INCREASED computational costs to achieve a *decrease* in *social costs*.

At full capacity, the factory is set to produce batteries faster than the rate of bullets leaving a machine gun.

So Kick, without any regard to his expensive Tesla Model S, pulled ahead of the swerving car and created a barrier so it could be stopped.

The Tesla accident in May, researchers say, was not a failure of computer vision. But it underscored the limitations of the science in applications like driverless cars despite remarkable progress in recent years, fueled by digital data, computer firepower and software inspired by the human brain.