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Elon Musk says Tesla will be 'thoroughly reorganised'

15 May 2018

A Tesla spokesman said: "We are deeply saddened by this accident, and we are working to establish the facts of the incident and offer our full cooperation to local authorities".

A Tesla Model S driver was travelling at 60mph (97kph) when the vehicle smashed into a fire engine in Utah on Friday night. "An impact at that speed usually results in severe injury or death".

Federal officials have opened investigations into at least two other crashes involving Tesla vehicles in the last two months. The driver of the fire truck was evaluated for whiplash but was not checked into the hospital.

"The number one issue at the heart of the Tesla investment debate is whether the company is now operating at a low level of utilization of a very large industrial complex, where incremental revenue can bring large incremental gross margins and improvement of cash consumption, or the next 50-100% of growth in revenue brings forth other calls on cash and does not materially move the company in the direction of a fully self-funding existence", they wrote. This past March, the agency opened an investigation after a Mountain View, California man crashed into a highway barrier and the vehicle burst into flames.

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In his email to staff, Musk said Tesla was "flattening the management structure to improve communication", combining functions and trimming activities "not vital to the success of our mission" in the reorganisation.

This can lead to the breakdown of the thermal balance of the system and the complete destruction of the batteries and the auto. "To be clear, we will continue to hire rapidly in critical hourly and salaried positions to support the Model 3 production ramp and future product development".

Despite the rocky relationship between Tesla and the NTSB, agency spokesperson Keith Holloway said he's still uncertain as to whether the agency will open an investigation into the accident.

While consumers nationwide have reason to be on edge when it comes to the fast-growing self-driving auto industry, Tesla's Autopilot feature has been a hot button issue for some time now, despite the company touting it as "the future of driving".

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If you would like to help THPD's fundraiser, you can purchase a bracelet at the Terre Haute Police Department's records room. Dakota wore his father's badge around his neck and over 70 officers welcomed Dakota back to school.

The investigation into the crash in Utah is ongoing, police said. Tesla requires drivers to remain alert and keep their hands on the wheel at all times when Autopilot is engaged.

"We've been doing a thorough search of our service records, and we can not find anything suggesting that the customer ever complained to Tesla about the performance of Autopilot", Tesla said in a statement.

Reuters recalls that Elon Musk mentioned reorganization during Tesla's Q1 earnings conference call, but at that time, Musk did not go into details.

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Elon Musk says Tesla will be 'thoroughly reorganised'