TorqueNews Hot Topics (Page 59)

On Monday Elon Musk announced that night he’ll use FSD v12 to drive to Mark Zuckerberg’s house for a fight. The fight did not go down as planned still Musk says he’ll go through with the FSD v12 live stream next week without the Zuckerberg fight.

Tesla has launched two new variants of the Model S & X. The Model S & X Standard Range have cheaper starting prices and lower specs going as low as 269-miles EPA range.

Tesla has once again cut vehicle prices in China. The new price cuts lower the starting price of the Model Y Long Range & Performance by $1,950. The price cuts are expected to further lower Tesla's operating gross profit which is already down 50% in 2023.

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Elon Musk has confirmed on X that he tested FSD v12 alpha build today and says that “it’s mind-blowing.” FSD v12 ditches Tesla’s HydraNet for a simple & elegant single AI model and Tesla expects v12 to be the final approach to reach level 4 autonomy.

New leaked images show a Cybertruck prototype wrapped by Tesla to look exactly like its main competitor, the Ford F-150 Lighting. The Images also show the Cybertruck’s surprisingly small frunk space, the octovalve, 48-volt wiring, and front casting.

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Elon Musk in a recent tweet has hinted at the Cybertruck’s starting price as being lower than that of the Ford F-150 Lightning. Musk’s comment comes in response to a news article reporting that Ford has decreased the starting price of the F-150 Lightning to $50,000.

Tesla, today, through the company’s official Twitter page has revealed the first picture of the production Cybertruck built at Giga Texas. The picture confirms 2 of the more controversial features of the Cybertruck – the Giga wiper & yoke steering wheel.

According to China Passenger Car Association (CPCA) data, in June, Tesla produced 93,680 vehicles. June’s number pushes Tesla’s Giga Shanghai vehicle production in Q2 to 247,127 vehicles. This amounts to 53% of Tesla’s total production.

Tesla has posted a new quarterly record producing and delivering 480,000 and 466,000 vehicles respectively. Wall Street has taken these numbers very positively as Tesla's stock has gone up by a whopping $57 billion in a single day.

Tesla has been working hard for the past 3 years to improve the functionality of the company's FSD Beta software. And now, Elon Musk says the software will no longer be in the beta phase after the next major FSD update (FSD v12).

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.