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Musk hints at top secret
Tesla masterplan: tweet
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 [July 11, 2016]
By Lauren Hirsch
(Reuters) - Tesla Motors Inc CEO Elon
Musk on Sunday tweeted his intention to soon publish part two of his
"top secret Tesla masterplan" following an embattled several weeks
for the Silicon Valley heavyweight.
The tweet, which read "Working on Top Secret Tesla Masterplan, Part
2. Hoping to publish later this week" comes amid inquiries into two
crashes of Tesla cars, as well as ongoing questions regarding Musk's
plans to combine his electronic vehicle company, Tesla, with his
solar panel maker company SolarCity Corp.
On July 1, a driver of a Tesla Model X in Pennsylvania crashed into
a turnpike guard rail. The National Highway Traffic Safety
Administration (NHTSA) announced last week it is investigating the
crash "to determine whether automated functions were in use at the
time of the crash."
Tesla has said, "Based on the information we have now, we have no
reason to believe that Autopilot had anything to do with this
accident."
The crash came on the heels of NHTSA's disclosure it was
investigating a May 7 crash in Florida that killed the driver of a
Tesla Model S that was operating in Autopilot mode.
The Tesla Autopilot system allows the car to keep itself in a lane,
maintain speed and operate for a limited time without a driver doing
the steering.
Last month, Tesla proposed to buy SolarCity over which Musk serves
as chairman and principal shareholder.. Musk expects the deal will
help Tesla get into the market for sustainable energy for homes and
businesses.
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Tesla Chief Executive Elon Musk smiles as he attends a forum on
startups in Hong Kong, China January 26, 2016. REUTERS/Bobby
Yip/File Photo
Jim Chanos of Kynikos Associates has called the proposed acquisition
"shameful example of corporate governance at its worst."
(This version of the story has been refiled to add dropped words
'guard rail' in paragraph 3)
(Reporting by Lauren Hirsch; Editing by Sandra Maler)
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