Total recall
Sure, Elon Musk devoting himself to ensuring the widest possible dissemination for kooky alt-right ideas might be ruining his social media business, but surely everything else is fine?
Tesla is recalling nearly all vehicles sold in the U.S., more than 2 million, to update software and fix a defective system that’s supposed to ensure drivers are paying attention when using Autopilot.
Documents posted Wednesday by U.S. safety regulators say the update will increase warnings and alerts to drivers and even limit the areas where basic versions of Autopilot can operate.
The recall comes after a two-year investigation by the National Highway Traffic Safety Administration into a series of crashes that happened while the Autopilot partially automated driving system was in use. Some were deadly.
OK, so we’ve known for a long time that if you mixed Tesla’s autopilot technology with water you’d have instant shit, but what about his DISRUPTION of the mass transit space?
Davis’s attire—a black sport coat and jeans—was unusually formal for him. His employees rarely saw him in anything but his SpaceX running jacket and ball cap. But one of the lobbyists Boring Company was working with at the time had prepped Davis prior to the meeting and encouraged him to look more professional, according to emails from the lobbyist to one of the city’s executive directors that were reviewed by Fortune. (“Unlikely I can get him to wear a tie,” the lobbyist had said.) It was important he appear polished for, in particular, Mayor Carolyn Goodman, who has been one of the Boring Company’s most outspoken critics in Vegas.
Goodman’s criticism stems from Boring’s inability to finish a public tunnel project anywhere else. The Boring Company has raised more than $795 million from venture capitalists on Musk’s big idea: underground, multi-station roadways where autonomous vehicles could shoot off individuals to their destination at speeds of 150 miles per hour. But on the ground, after seven years, Boring is only operating a mere 2.4 miles of operational tunnel, according to Las Vegas agencies and contracts reviewed by Fortune. Meanwhile Boring projects from California to Illinois, Texas, Florida, and Maryland have all fizzled or been disbanded. (Davis, Musk, and several of Boring’s investors did not respond to requests for an interview.)
To be Scrupulously Fair, while the Boring Company is $800 million set on fire if measured by its stated goals, if measured by the implicit metric of “defunding mass transit projects that aren’t pure vaporware” I’m sure the ROI would be much higher.