Elon Musk Promises to End Tesla Drivers’ Biggest Fear
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Tesla(NEW YORK) — Elon Musk has a plan to end “range anxiety,” the feeling some electric car drivers have when they’re nearly out of power but may not be near a charging station.
The Tesla CEO tweeted that he planned to reveal an over-the-air software update on Thursday that would affect the entire Model S fleet.
Tesla press conf at 9am on Thurs. About to end range anxiety … via OTA software update. Affects entire Model S fleet.
— Elon Musk (@elonmusk) March 15, 2015
Jack Nerad, an executive market analyst at Kelley Blue Book, told ABC News Musk’s plan could be a number of things, including an updated low battery warning system or an increase in range.
“I think it’s [drivers’] biggest concern,” he told ABC News. “Having driven electric cars myself and with that certain knowledge that if you run out of electricity, in the worst-case scenario, you’re going to be stranded by the side of the road…as the miles get lower and lower it creeps to the front of your mind.”
Musk fired back at critics Monday afternoon who might think he tweets to get a rise in Tesla stock, which is a publicly traded company.
“Some people seem to think I tweet to affect share price. This is false. A brief rise in $TSLA stock obviously does no good for Tesla or me,” he wrote.
Neither I nor the company are selling shares. Even if we were, I wouldn’t do this. It would be wrong. Our long term results are what matter.
— Elon Musk (@elonmusk) March 16, 2015
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