Latest software update by Tesla Motors Inc. (NASDAQ:TSLA) to facilitate range concern


Elon Musk, the CEO of Tesla Motors Inc. (NASDAQ:TSLA) talked on twitter about the conference yesterday which will be conducted after two days by Palo Alto- based automakers. OTA software will be discussed by electric vehicle EV manufacturers.  This software will terminate range concern for the whole Model S fleet.

The CEO is expecting after the queries mentioned about Electric Vehicle’s (EV) driving range, new broadcasts to help in eliminating the anxiety of owners of Model S. Neither any update about the next version of the software has yet been announced, nor has any prediction about the driving range extension, with this upgraded version, been made.

Website of Tesla Motors Inc. (NASDAQ:TSLA) includes a report about Model S double motor models namely 85D and P85D. They contain EPA 5-cycle range of over 270. With low accelerations in vehicle, electric energy will be saved as least accelerations consume less amount of energy. The upgraded latest version of this software will ensure this feature. The owners of Electric Vehicle have been extremely upset about the reduction in drive range with the extension and increase in distance covered. The new version of software is going to help in reducing and eliminating their worries somehow.

Tesla Motors Inc. (NASDAQ:TSLA) has started working for making their customer’s concern answerable by enhancing the network of superchargers. The company has already launched 2000 DC charging stations globally.

These superchargers enable the vehicle to recharge their batteries in very less time at a charging station. The customers have to think about the closeness of the nearest superchargers before purchasing any EV or getting into its market.

Reason being the low performance in China, the CEO Elon Musk stated about the company’s escape the profitable aims in fourth quarter in a conference of 2015 North American International Auto Show (NAIAS). Tesla Motors Inc.’s (NASDAQ:TSLA) hoard had a decrement of over 7% due to the disclosure.

Tesla Motors Inc. (NASDAQ:TSLA) position was clarified by Elon Musk in front of China last month. Chinese customers have this misunderstanding about the charging stations over that state as reported on a conference of Tesla Motors Inc.’s (NASDAQ:TSLA) fourth quarter. Consumers were being misguided by the company’s staff members themselves that it gets hard to recharge the vehicles. 30% of staff (most of them were in sales team) i.e. approximately 180 employees was fired by the CEO.

Tesla Motors Inc. (NASDAQ:TSLA) China’s operations are looking into management rearrangements and resetting its sales team worldwide. Definite answers to the range worries will be good enough for it.

Tesla Motors Inc. (NASDAQ:TSLA) keeps on deploying latest and updated versions of its software. New software was created for Model S P85D at the start of the current year. A button known as insane mode was used to accelerate vehicle in 2.80 seconds from zero up to 60 miles/hour. It took 3.8 seconds in boosting up to this speed-level in the last version.

Stock of Tesla Motors Inc. (NASDAQ:TSLA) ended falling to 1.25% i.e. $188.68. The hoard descended to 15% in January this year, and is trading high to 1.38% at $191.33 in initial trading today.

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