Tesla issues stock for trucks and trailers to bolster deliveries

first_img Tesla Car Industry Electric Cars 50 Photos Tesla Model 3 barrels through the snow in Track Mode More about 2018 Tesla Model 3 Performance Tesla Model 3 Review: Performance trim Review • Tesla Model 3 Review: Performance trim More From Roadshow Tags 2019 Nissan Leaf Plus review: A better EV, but maybe not the best Preview • 2018 Tesla Model 3 Performance: The future, quicker 0 While Tesla’s sales model is currently a bit… schizophrenic, the automaker has held firm that it needs to continually improve its delivery process, and according to a new SEC filing, it’s following through on that promise.Tesla filed documents with the SEC today to register 49,967 shares of Tesla common stock. The shares carry a value of approximately $14 million ($13,843,346.35 if you dig precision). The money is being used to bolster the delivery side of its sales operations.”Tesla agreed to issue shares of Tesla’s common stock in connection with its acquisition of certain car-hauling trucks and trailers from Central Valley Auto Transport, Inc., an automotive transport provider,” the automaker wrote in its SEC filing. The filing states the company made this move in order to “increase its vehicle transport capacity, reduce vehicle transportation time, and improve the timeliness of scheduled deliveries.” Tesla did not immediately return a request for further comment.Enlarge ImageTesla has been very cagey when it comes to discussing specifics of its delivery logistics. Smith Collection/Gado/Getty Images A quick trip to Central Valley Auto Transport’s website shows that the company specializes in the usual type of vehicle delivery trucks you see patrolling streets across America. It has a three-figure fleet of carriers that can accommodate between one and nine vehicles.This filing provides a bit more information than previous comments regarding boosting its delivery capacity. Last November, CEO Elon Musk tweeted that Tesla “just acquired trucking capacity” to ensure it could deliver as many Model 3 EVs as possible ahead of a federal tax incentive reduction. At that time, the automaker declined to discuss specifics. It also played into Tesla’s strategy to reduce reliance on train-based car transport, which, according to Musk’s tweets, can take longer to deliver vehicles to far-off corners of the US than trucks can.Tesla said in its fourth-quarter earnings call that it hopes to deliver between 360,000 and 400,000 Tesla vehicles in 2019, a 45-to-65-percent increase from 2018. Scooping up trucks like those from Central Valley Auto Transport should help it reach that goal.(Hat tip to Electrek!) Post a comment 2020 BMW M340i review: A dash of M makes everything better Share your voice Elon Musk Teslalast_img read more

Snakeshaped UFO spotted in New York skies was it a living alien

first_imgYouTube: Beams Investigations 1As space agencies like NASA and ESA are busy searching for alien life in the deep nooks of space, conspiracy theorists strongly believe that extraterrestrial life is a reality, and they believe that UFO sightings reported in various parts of the world are indications of their existence. Adding up to the heat, a YouTube channel named ‘Beamsinvestigation 1’ has now shared a mysterious video that shows a snake-shaped UFO hovering in the skies of New York.Interestingly, the UFO spotted in the skies during broad daylight can be seen moving, and at times, it can be seen bending its body like a snake.”Look closely and you will see that this unidentified flying object is comprised of segments or spheres… an intriguing, articulated body!” wrote the uploader in the video’s description.As the video went viral on online, conspiracy theorists started arguing that alien life is a reality, and, they outlandishly concluded that the UFO spotted in the skies could actually be a living alien with flying capabilities.After analyzing the video, a section of other conspiracy theorists suggested that these weirdly shaped objects in the skies could actually be secret shape-shifting military craft developed by the United States military. They added that Donald Trump’s space force is already operational in the skies, and these UFO sightings are substantiating this theory.However, skeptics dismissed both these angles, and they made it clear that the UFO spotted in the skies could be a weirdly shaped balloon.The new UFO sighting has been reported just a few days after mysterious lights were spotted in the skies of Cincinnati, Ohio. The unexplained lights pulled many local residents to a state of panic, and they started arguing that aliens have paid a visit to the earth.last_img read more

Bidhannagar Police inaugurates kiosk at airport arrival point

first_imgKolkata: The Bidhannagar City Police on Monday inaugurated a police kiosk at the airport arrival point near gate 2B.”It will work round-the-clock as an assistance booth, along with prepaid taxi booking facility. The kiosk’s construction has been in accordance with the aesthetics of the airport,” a senior police official of Bidhannagar Commissionerate said. The programme was attended by Commissioner of Police, Bidhannagar, Gyanwant Singh, Airport director Atul Dikshit and senior CISF officials. The police are hopeful that the kiosk will play an important role to facilitate the passengers in availing taxi from the airport. Also Read – Rain batters Kolkata, cripples normal lifeThe Airports Authority of India (AAI) has recently urged Bidhannagar City Police to regulate and streamline the movement of the yellow taxis and the app cabs to reduce the waiting time of passengers, after they land at Kolkata Airport, at the Airport Advisory Committee (AAC) meeting. “The drivers of yellow taxis have a tendency to take over the entire pick up lane at the airport arrival level, resulting in congestion and passengers booking app cabs have to wait for a long time. These yellow taxis flout rules and invade the portion of the lane meant for Uber and Ola cabs, to block their way,” a senior AAI official said.last_img read more

Are Talking Avatars Right For Your Site

first_imgJuly 1, 2006 This story appears in the July 2006 issue of Entrepreneur. Subscribe » Imagine visitors to your website being greeted by a lifelike animated character that follows their mouse movements with its eyes and even talks to them.Sound far-fetched? It’s not–and it’s relatively easy and inexpensive to implement, thanks to Sitepal from Oddcast, an internet-based subscription service. Sitepal allows businesses to create animated, talking avatars and add them to their websites for a variety of professional and personal applications. They can be used, for example, as intelligent online customer service agents, virtual salespeople to promote products, or even virtual auctioneers for eBay listings.”Right now, at any given moment, there are 10,000 auctions running with Sitepal virtual salespeople selling a specific product on eBay,” says Oren Levy, executive vice president of New York City-based Oddcast, the only company currently offering the technology in an easy-to-use format for SMB websites.There are lots of ways to personalize your character. During the sign-up process, you can choose what you want your character to say and select from 13 languages in 60 different voices. Or you can record a message in your own voice by microphone or telephone. It’s easy to add the character to your site and make changes to it when needed.The avatars aren’t just fun–they can produce real results. “I like the Sitepal application for its ability to give [customers] information they may not be able to get through text,” says Sucharita Mulpuru, senior analyst at Forrester Research Inc. in Cambridge, Massachusetts.And according to Levy, when Oddcast customers add a character next to a specific product, “[they] see an immediate increase in conversion for that product.” He says one customer saw a 33 percent increase in sales after using Sitepal’s animated characters.Talking avatars work best with high-consideration products like computers, large appliances and travel services. They’re also a good choice for products that face stiff market competition. “It’s a great way to differentiate yourself,” says Mulpuru. Pricing starts at $9.95 per month or $99.50 per year.Melissa Campanelli is a marketing and technology writer in New York City. Attend this free webinar and learn how you can maximize efficiency while getting the most critical things done right. Free Webinar | Sept 5: Tips and Tools for Making Progress Toward Important Goals Register Now » 2 min readlast_img read more