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He wanted to become the second Elon Musk and repeat the success of Tesla, but in the end he could go to prison for 25 years. Nikola founder was accused

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The story of how a company like Tesla could have entered the market seems to end with a huge prison sentence for its founder.

The fact that Nikola Corporation may be a fraudulent project of its founder, Trevor Milton, appeared a year ago. And just the other day, a Manhattan court charged Milton with securities fraud and electronic communications fraud. Milton himself pleaded not guilty in both cases.

Authorities said Milton relied on social media press releases, as well as TV interviews and podcasts, to lift the company’s stock price and become one of the world’s 100 richest people, while elevating his entrepreneurial status.

He wanted to become the second Elon Musk and repeat the success of Tesla, but in the end he could go to prison for 25 years.  Nikola founder was accused

The maximum term of imprisonment on each of the charges is 20 and 25 years, that is, Milton can sit for a very long time.

Interestingly, no charges were brought against Nikola itself, and formally it continues to work.

He wanted to become the second Elon Musk and repeat the success of Tesla, but in the end he could go to prison for 25 years.  Nikola founder was accused

Milton tried to do business like Elon Musk. He actively gave interviews, was frank and did not hesitate to make loud statements. Even the company’s name shows that Milton wanted to try to replicate Musk’s and Tesla’s success, if only in terms of funding and popularity. But whether Milton was really going to try to create a second Tesla is an open question. As reported, at one time for the filming of an advertisement, the Nikola One truck had to be pushed down a hill so that it could move along the road itself. In addition, the company did not have any of the revolutionary batteries that Milton had promised. And the company did not produce hydrogen either, although it not only announced it, but also claimed that it was able to reduce the production cost by 81%.

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Electric Cars

Large electric sedan Mercedes-Benz EQS was cheaper than the gasoline S-Class

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Mercedes-Benz today announced the cost of its large EQS sedan, which is an electric version of the flagship S-Class. And, I must say, the price was somewhat unexpected, because the EQS turned out to be cheaper than the gasoline version.

The EQS will go on sale in the US this fall, and the basic version of the EQS 450+ is priced at $ 103,360. And that’s not including the $ 7,500 federal subsidy. The second option, EQS 580 4MATIC, is more expensive – $ 126,360. For comparison, the cost of a gasoline S-Class in the US starts at $ 112,150, and there are no subsidies.

The power of the single-engine version of the EQS (that is, the basic EQS ​​450+) is 329 hp, the power of the all-wheel drive version (EQS 580 4MATIC) is 516 hp. The claimed acceleration time to 100 km / h is about 4 s, the maximum speed is limited at around 210 km / h. The cars are equipped with traction batteries with a capacity of 90 and 107.7 kWh, in the second case, the declared mileage on one charge is 770 km (according to the WLTP cycle, in reality it will be less). In both cases, the proprietary multimedia system MBUX is provided, but the screen diagonal in the EQS 450+ is 12.8 inches, and in the EQS 580 4MATIC a 56-inch “hyperscreen” is installed.

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Electric Cars

Tesla’s autopilot makes drivers inattentive. MIT study results published

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The Massachusetts Institute of Technology (MIT) has conducted a new study to find out if drivers become inattentive when using partially automated driving systems.

The basic premise of the study is that the safety impact of systems such as autopilot is unknown until there is evidence of how visual behavior of drivers changes when automation is used. The researchers studied the direction and duration of the gaze of the drivers.

The researchers found that drivers stared anywhere but at the road longer with the autopilot active than when it was inactive. The team also found that the frequency of distraction from the road was lower when using autopilot than when driving manually.

Most often and for the longest time, drivers look down or to the center console, while in 22% of cases this lasts more than 2 seconds. The researchers concluded that visual behaviors change with and without autopilot. When autopilot was engaged, drivers looked less at the road and paid more attention to non-driving areas.

Yesterday it became known about another fatal accident involving a Tesla Model 3 car, which was moving in autopilot mode.

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Electric Cars

Chevrolet Bolt EV battery release resumed

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General Motors (GM) has outlined a comprehensive plan of action to address the Chevy Bolt EV problem that has caused it to cease production and recall more than 73,000 vehicles.

LG’s battery factories in Holland and Hazel Park, Michigan have resumed production. Moreover, LG is expanding production to increase the supply of GM cells. New battery modules will begin shipping to dealers in mid-October.

The reason for the fires, which GM reads 10, is called a rare combination of two manufacturing defects in one cell.

LG is said to have implemented new manufacturing processes and, with GM, has revised and improved its quality control programs. These processes are planned to be implemented in all enterprises that will supply GM cells.

In the meantime, GM will inform owners of Chevy Bolt EVs and EUVs that are most likely to be defective about the availability of modules for replacement. New batteries will be covered by an extended warranty of 8 years or 160,000 km (whichever comes first).

In about 60 days, GM will begin releasing new advanced diagnostic software. It will be designed to detect certain deviations that could indicate battery damage in Bolt and EUV electric vehicles by monitoring its performance. The software will notify users of any detected anomalies and allow prioritizing replacement of damaged battery modules. GM hopes that over time, the diagnostic software will allow it to return to 100% charging (currently the maximum charge level is limited to reduce the risk of fire). The installation of the new software, which will be provided to all Bolt EV and EUV owners, is the responsibility of the dealers.

For now, GM recommends setting the charge limit to 90%. You can do this by your dealer or by following the instructions at chevy.com/boltevrecall. It is recommended to charge the car more often and, if possible, avoid discharging below the level corresponding to approximately 110 km. It is recommended to park the car outside the garage immediately after charging, and do not leave the car charging indoors overnight.

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