Thursday, December 3, 2015

Tesla Loses Key Asset For Autopilot to Alphabet


The auto making company is currently experiencing a loss in the form of a value engineer that it has lost to its rival recently

Tesla Motors is repeatedly being faced with the same problem in the auto car industry, due to which it has been raising concerns of the investors in the business. The giant has made a name for itself in the auto industry and has secured the top most position in the electric car making business, but there are some issues that it is constantly facing which might now be taking their toll on the giant. According to the latest report, the hybrid car makers have shown a highly slow speed in the production of its new car in line, the Model X. It has received a considerable number  of orders for the vehicle already, which also showed the attention it managed to attract since its official launch, but there is one thing that the Californian company seems be lagging behind in.
As per reports, Tesla cars are being produced and manufactured in a very dragging speed and have clearly been testing the customers’ patience. Analysts believe that even though the company has shown that it can make great sales of its hybrid cars without much problem, it certainly has failed to prove its efficiency in a faster and better production of vehicles. On the other hand, the number of problems seems to be increasing very quickly as a recent report informed that rival Alphabet has taken away Robert Rose from the smart car making company, who is an engineer was working on the autopilot feature installed in the cars.
The autopilot feature turned heads towards the Tesla cars in a huge number and made the sentiments of investors soar high following the announcements and show put up by the management of the feature in particular. However, as per a report by 9 to 5 Google, the person who was backing up the idea in the luxury car making company has now been taken away by the search engine rival which has created much of an unexpected stir in the market.
Tesla has already been facing issues is carrying out a more civilized business mainly due to ups and downs in the operations and hiring of better and more qualified engineers for the giant, which is why this news has come off as a huge blow to the giant as it has actually lost a valuable asset to its already very strong rival which might not be what the company was really looking for at this time of need. 

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