TorqueNews Hot Topics (Page 11)

Elon Musk has confirmed that after Tesla releases the next major FSD Beta upgrade, the software will no longer be in beta. This means the next FSD Beta update will simply be called FSD v12 and points to Tesla's increasing confidence in the FSD software's driving capabilities.

For the first time today, multiple Cybertrucks have been spotted together outside a Tesla facility. And, making this sighting even more special, the Cybertrucks were being hauled on the highway on the back of a Ford F-250 truck. Ford F series of trucks are expected to be the Cybertruck's main competition when the futuristic truck finally begins deliveries.

Since Ford first announced it is adopting the North American Charging Standard on May 25, GM and a number of third-party EV charging networks have announced that they will be adopting Tesla's chargers. And, today Rivian has joined the NACS party and has declared that the EV maker's upcoming vehicles built on the R2 platform will come standard with Tesla chargers.

Tesla is offering 3-month free supercharging for anyone who purchases an inventory Mode 3 between June 14 and June 30. This suggests that Tesla is trying to clear Model 3 inventory ahead of the Project Highland upgrade introduction in Q3.

Elon Musk has responded to how tobacco companies have used woke ideology as a cloak to receive a higher ESG (environmental, social, and governance) rating than Tesla. Musk's response also included a scene from a 2005 movie that he personally produced.

Tesla has collaborated with Shanghai University of Electric Power Lingang campus to bring a Model Y 3D deconstruction teaching platform to the classroom for the first time.

Tesla stock has been on an incredible 12-day gaining streak. This is the longest consecutive trading days Tesla has closed in the green and puts TSLA up 130% since the start of the year. Although, impressive this is however, only half the way back to Tesla's stock price before Elon Musk announced his intention to buy Twitter.

Tesla has announced that a Model S Plaid with the track pack completed a lap around Nurburgring in 7:25.231. This is 8 seconds faster than the previous production EV record holder which was the Porche Taycan Turbo S.

In an update to the company's online configurator, Tesla announced that all variants of the Model 3 now qualify for the full $7,500 tax credit. This lowered the starting price of the Model 3 to $32,750, which is impressive, however, when adjusting for inflation since Tesla unveiled the Model 3 back in 2016, the vehicle now starts at $26,950.

In an update to the company’s online configurator in multiple countries, Tesla quietly restarted reservations for the second-generation Roadster. This move hints at Tesla's plan to offer the Roadster in multiple countries and that the company is currently actively working on the vehicle.

Tesla has been ramping up Model Y production across the globe. The all-electric crossover is now produced in 4 factories across 3 continents. And now, according to data from JATO, the Tesla Model Y has officially become the best-selling vehicle of any kind in Q1 2023.

Tesla recently held the company's annual shareholders meeting. One of the issues up for investors' votes was whether Elon Musk will keep his seat on Tesla's board of directors. And today, according to Tesla's 8K filing with the SEC, Elon Musk will keep his seat on Tesla's board of directors after receiving support from 75% of Tesla investors.

Tesla has started deliveries of a new Model Y variant in Germany with batteries supplied by BYD. The new Model Y, despite sporting the smallest battery pack size of all Model Y variants, is nonetheless showing impressive charging speed thanks to the BYD Blade batteries' ability to maintain peak charging speeds for the majority of the charging curve.

In the past few weeks, Tesla has been sharing several updates regarding the Cybertruck adding to the already fever pitch expectation for the all-electric truck. And today, dropping yet another tidbit, Tesla has shared a picture of a Cybertruck prototype undergoing testing in the snow at its Alaska winter testing ground.

Tesla has been ramping up Model Y production across the globe. The all-electric crossover is now produced in 4 factories across 3 continents. And now Elon Musk says Model Y is on track to become the best-selling vehicle of any kind in 2023.

Tesla CEO Elon Musk at the recently held Tesla Shareholders meeting announced that the EV maker is working on 2 new vehicles. Musk also said that the compact robotaxi and the yet-to-be-publicly shared vehicle will sell 5 million units a year.

Honda unveiled its brand new CR-V plug-in hybrid (PHEV) SUV last week at a media event held at their European R&D Center in Germany. Given that Honda currently lacks any plug-in vehicle selection in the US market, this news may raise the hopes of those who are anxious for Honda to bring plug-in vehicles back to the US. Let’s take a look at early specs.

Tesla's unique direct-to-consumer sales approach has been a significant contributor to the company's success. And today, in keeping up with its innovative approach, Elon Musk has announced that Tesla will be removing the vehicle order online payment processing fee.

Tesla officially inaugurated Giga Texas a little more than a year ago. However, today, according to leaked data the plant has reached a Model Y production rate of 5000 vehicles a week. This gives Giga Texas an annualized production rate of 250,000 vehicles per year.

Currently, Tesla is on FSD Beta v11.3 This FSD update has brought vector spaces and the use of all 8 cameras to highway driving. In addition, V11 also replaced most of the manually written codes with neural nets for highway driving. And today, Elon Musk says FSD Beta V12 will be end-to-end AI.

Elon Musk and the BBC haven't been on the best of terms. The contention between the two started when Tesla sued the BBC's Top Gear back in 2011. However, today, Top Gear has come out with a review of the Tesla Model S Plaid track pack and Elon Musk has responded. Although it doesn't appear Musk has seen the entire episode before responding.

Tesla has started production of a new Model Y variant at Giga Berlin with batteries supplied by BYD. The new Model Y variant's 45,000 euros starting price makes it a great offer. However, there are concerns even amongst die-hard Tesla fans regarding the safety of the BYD batteries which now power the new Model Y.

Tesla supplier IDRA is known for building enormous Giga Presses that are used to build the chassis of Tesla vehicles in one piece. However, today, IDRA has revealed a significantly smaller die-casting machine to be used to build electric motor components in one piece.

In an attempt to increase demand, since the start of the year, Tesla has cut vehicle prices several times. However, today Tesla has increased prices for the same reason. The $250 price increase is not meaningful enough to materially affect the company's gross margins, however, is likely targeted at creating FOMO in people waiting for further price cuts.

Since Elon Musk made the announcement that Tesla is targeting the end of Q3 to start Cybertruck deliveries, there has been a palpable uptick in anti-Cybertruck sentiment. And even more bizarrely these negative Cybertruck comments are concentrated on sites where Tesla enthusiasts meet such as Tesla-focused subreddits, comment sections of EV and Tesla-focused YouTube channels, news sites, and Twitter pages.

Last year the Tesla Model Y received a leading score of 98% in Euro NCAP's automatic emergency braking test despite the vehicle not being equipped with radar. And now, Elon Musk has said Tesla has made the last 2% of improvements that will allow the company's vehicles to receive a perfect score.

In an attempt to increase demand, since the start of the year, Tesla has cut vehicle prices several times. This has created concern among Tesla community members who have suggested that the EV should start advertising. However, now a Tesla retail investor has taken this task upon himself and has produced the first Model Y commercial.

According to newly released data, in the first quarter of 2023, the Model Y has become the best-selling vehicle in Europe. And even more impressively, the Model Y was able to beat not only battery-electric vehicles but also internal-combustion vehicles with a significantly lower starting price.

Over the weekend, Joe Rogan revealed that he test-drove a pre-production Cybertrruck at Giga Texas. Rogan was effusive in his praise of the truck stating that he was impressed by the Cybertruck's design, size, and performance. Rogan also predicted the success of the Cybertruck and said Bill Gates was making "a horrible choice" shorting Tesla stock.

Tesla stock has been experiencing wild swings in the last couple of years, with the latest sharp fall coming recently following Q1 2023 earnings results. And now, Elon Musk has advised Tesla investors to focus on the long term by reminding them of the stock's remarkable rise over the years.