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.
Sure, we’ve all seen videos of a Tesla being taken out by another car, but what about one Tesla doing in another Tesla? Here’s what happened and why it pays to stay as far away as possible whenever witnessing a road rage incident. Plus, a new round of recent Teslacam clips you will want to watch.
Perovskite solar cells are presented as an interesting alternative to traditional silicon solar cells due to their high energy efficiency and low cost; despite this, one of the main challenges for its development is long-term stability.
Chinese brand BYD will continue to expand the variants of its Ocean Series models, and according to information leaked by its dealer network in China, there will be a variant intended to act as an entry-level to the Seal model, in order to compete against the Tesla Model 3.
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.
As of today, Tesla is undoubtedly the undisputed leader in the electric car market. Despite the rise of rivals such as BYD, the firm led by Elon Musk continues to be the largest manufacturer of BEVs (Battery Electric Vehicles) worldwide, thanks mainly to the success that the Model Y is achieving in the main international markets (China, the US and Europe).
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.
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.
ARK Invest has released a new Tesla research. In this new model, ARK says Tesla can reach $2,000 per share by 2027. However, this is ARK's base case scenario, in the firm's bull case, ARK says Tesla can reach more than $2,400 per share or a $7.9 trillion market cap.
These are Tesla's actions that it needs to do for the Model 3 against VW's aim to dethrone the Tesla Model 3 with its long-ranging ID.7 electric sedan.
The new Model 3 version aims to offer a significant improvement in autonomy, as the current maximum range for the popular electric vehicle is around 500 km. However, the caveat for this extended range variant might raise eyebrows.
The solar photovoltaic potential of the various man-made infrastructures around the world is enormous, but still vastly underutilized. In Germany, a project intends to use motorways as electricity generating elements; this would prove to be very good benchmarking for Tesla Energy, not to mention a potential expansion of the Berlin Gigafactory.
For months now there have been speculations that Tesla is working on a refresh to the Model 3 and has codenamed the project "Highland." And today, thanks to leaked pictures, we see our first image of the refreshed Model 3 with a more angular and larger front facia and headlight that resembles that of the 2nd generation Tesla Roadster.
According to data released by China Passenger Car Association (CPCA), in the month of March, the Model Y has become the highest-produced vehicle in the whole of China. 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.
In a new Twitter Spaces interview with the BBC, Elon Musk admitted that his Twitter acquisition was behind Tesla's more than 60% decline in 2022. Musk said, "Tesla stock sales caused the stock to plummet, which is not good." Musk also added that Twitter is in a healthy financial state and ruled out the chance of further Tesla stock sales.