Tesla delivered a total of 90,650 vehicles during Q2 2020, with 10,600 units in Model S and X deliveries and 80,050 in Model 3 and Y sales. While these figures mark a decrease of 5% year-over-year, they handily exceed analyst forecasts, causing Tesla stock to leap by 8% in Thursday’s trading. The solid delivery figures…
Some of the most important aspects of its existing and future technologies is Tesla’s advances in the artificial intelligence arena, which involves applying neural networks to different hardware platforms. A recent patent publication entitled, “System and Method for Adapting a Neural Network Model On a Hardware Platform,” gives some insight into how the manufacturer of…
Tesla’s Roadrunner project will usher in a new generation of batteries that will widen the gap in the EV industry between the electric car manufacturer and its rivals. To accomplish this goal, Tesla has acquired companies whose technology will allow it to create and manufacture the best batteries on the market, bar none. One of…
Elon Musk’s Boring Company is launching a new competition to see teams bore tunnels and the goal is to beat a snail’s pace. Although the Boring Company has many projects already under way, it is still working to build better tunnel-boring technology. The symbolic purpose is to beat a snail’s pace, which in reality is…
AutoTrader announced that the Tesla Model 3 is their pick for the 2020 New Car of the Year. The “New Car Awards” is an event that commends car makers for innovation in products launched year-round. This award is a little different from others as AutoTrader is asking consumers for their input, rather than a panel…
Usage of Tesla Superchargers recover from the COVID-19 lockdown very quickly. After China, North America has now hit its average daily number of sessions (7-day moving average) all-time high, too. Elon Musk wrote that Europe is about a week behind: “North American Supercharger usage is now at pre-covid high, Europe about a week behind, China &…
One of the major advantages Tesla has over legacy automakers is its experience in tech. Tesla’s co-founder Ian Wright said back in 2014 that Big Auto’s software tended to resemble “a dog’s breakfast.” Tesla, with its Silicon Valley roots, designed its vehicles from the start with a unified system architecture. “That’s the sort of thing…
After releasing Tesla Short Shorts, Elon Musk has remained true to his word, with the CEO also remarking that he has purchased a few XL ones for himself. With the upcoming 2020 Annual Shareholder Meeting looking to be an event with some participants proudly dressing up the latest and boldest in Tesla’s apparel line, there’s…
The stock market looks to the future. It seeks to find out which businesses will push the envelope and which businesses have dropped the ball. There are many examples of this dichotomy, but one that I’ve been harping on in is the relationship between Tesla and the automotive industry. It is time for a look…
Tesla launched its own pair of short shorts which Elon Musk began as a joke. It’s now available for sale on the website of the automaker and the internet went wild for it. Tesla’s stock has pushed to new record highs last week, after Tesla reported better than expected deliveries during the second quarter. Musk…