Twitter has become a media for people to get their news on time. Tesla CEO, Elon Musk recently took to the social media network to announce to his followers that he was going to postpone the blog post which would detail the new Autopilot 8.0 update and the new safety regulations that the company would soon impose on its Model S and Model X owners. The billionaire wrote that the post he had been writing on was going to be pushed to the weekend.
However on Sunday several hours into the day there was still no article, and most people expected him to release it just a few days before the end of the day which would allow people to peruse through during the Labor Day holidays. He might also had been looking at posting the article on the last day of the three day long weekend. The tweet which indicated the change in the date to be used came a day after the one which indicated that he was writing a blog post which he would post a day later on the site.
Tweets from the South African’s Twitter account indicate that the blog post will say in detail topics which focus on the new Autopilot V8 that Tesla is about to release. Previous reports indicated that Tesla was making one minor improvement to the update before they could put it on the market and Musk seemed to have also confirmed this. Musk is also said to have indicated back in July that he was going to explain to people how the Autopilot feature really works on their systems, so that people can make full use of the program and the understand what they have.
Musk seems to be busy writing this days after sending out a memo to employers at Tesla, which is headquartered in Palo Alto, which was aimed at highlighting the naysayers at Wall Street. The memo was seen as a way he used to hi back at Wall Streep people who believe that Tesla is a company that is always going to lose money. In the memo which reporters managed to get their hands on, Musk said that he would have a good feeling if he could throw pie into the face of these Wall Street people.
Tesla recently filed with the Securities and Exchange Commission to signify its desire to raise money before the end of the year.
At the moment, Tesla is looking at raising funds to get SolarCity, and is also still manufacturing its recently launched Model 3 which was sold at a cheaper price compared to other Tesla Models. Musk indicated to his employees in the memo that the company was on the razors edge of achieving a good third quarter of the year. However, when all is said and done, they do need to deliver a car periodically without any delay and also have the ability to hamper some of the costs.
Musk also indicated that the company needs to get additional funding in the fourth quarter so that they can finish production of the Gigafactory located in Reno, Nevada. They also need money to finish manufacturing the Model 3 orders. Musk said that the company would be in a better position to bring in new investors if the headline said Tesla Upsets Odds to Make Profit, rather than Tesla Loses Money Again.