Porsche could build flying taxis, says sales chief

Porsche logo. (Shutterstock)
Updated 13 April 2018
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Porsche could build flying taxis, says sales chief

FRANKFURT: Volkswagen’s sports car maker Porsche could develop a flying passenger vehicle to compete with rivals in a possible market for urban air taxis and ride-sharing services, Porsche sales chief Detlev von Platen told a German magazine.
“That would really make sense. If I drive from (the Porsche plant in) Zuffenhausen to Stuttgart airport, I need at least half an hour, if I’m lucky. Flying would take only three and a half minutes,” Automobilwoche quoted von Platen as saying.
Porsche would join a raft of companies working on designs for flying cars in anticipation of a shift in the transport market away from conventional cars to self-driving vehicles shared via ride-hailing apps.
Volkswagen’s auto designer Italdesign and Airbus at last year’s Geneva auto show presented a two-seater flying car, called Pop.Up, designed to avoid gridlock on city roads.
The magazine said that under Porsche’s plans, passengers would be able to have some control over the flying vehicle themselves but would not need a pilot license because many of the car’s functions would be automated.
Potential competitors to a flying vehicle made by Porsche would be German start-ups Volocopter, backed by Daimler , Lilium Jet and eVolo, as well as US-based Terrafugia and California-based Joby Aviation.


Tesla production leader Doug Field exits company

Tesla produced 5,000 of its Model 3 cars, along with a combined total of 2,000 Model S and Model X vehicles. (AP)
Updated 03 July 2018
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Tesla production leader Doug Field exits company

SAN FRANCISCO: Tesla on Monday confirmed that the head of Model 3 production, who went on leave after chief executive Elon Musk took over his duties, will not be returning.
The departure of engineering senior vice president Doug Field came as California-based Tesla appeared to have finally hit a self-imposed goal of cranking out 5,000 Model 3 electric cars in a week.
Tesla co-founder Musk fired off a Twitter post over the weekend saying “7,000 cars, 7 days.”
In a note to investors on Monday, Analyst Trip Chowdhry of Global Equities said that in the preceding week, Tesla produced 5,000 of its Model 3 cars, along with a combined total of 2,000 Model S and Model X vehicles.
Tesla has been under pressure to increase production to show it can operate profitably and at the kind of scale needed to be considered a major auto company.
Musk has been managing the Tesla production line, which has been rejiggered to pump out cars faster.
Field will not be returning to the company, according to Tesla.
“After almost five years at Tesla, Doug Field is moving on,” a company spokesman told AFP.
“We’d like to thank Doug for his hard work over the years and for everything he has done for Tesla.”
Tesla announced in June that it was cutting nine percent of its workforce to enhance profitability, but said the move would not affect an ambitious production ramp-up of its Model 3 sedan.
The job cuts are part of a company-wide restructuring to address excess staff in some areas due to the company’s speedy growth, Musk said in an email to employees.
The cuts concern salaried staff but not production workers and will not affect Model 3 output targets, said Musk, who characterized the downsizing as an acknowledgement of the need to focus more on costs.
“Given that Tesla has never made an annual profit in the almost 15 years since we have existed, profit is obviously not what motivates us,” Musk said in the message.
“What drives us is our mission to accelerate the world’s transition to sustainable, clean energy, but we will never achieve that mission unless we eventually demonstrate that we can be sustainably profitable.”
Shares of Tesla closed the formal trading day down 2.3 percent to $335.07 but regained some of that ground in after-market trades.