Tesla made a surprising announcement, stating that the Full Self-Driving suite can now be transferred between vehicles, but this option will be available only during the third quarter. This decision came after a retail investor inquired about the possibility of transferring FSD between vehicles owned by the same account during Tesla’s recent event. Elon Musk…
Key Points 💺 Tesla is recalling around 16,000 Model S and Model X units due to an issue with seat belts. 🚗 Certain 2021-2023 Model S and Model X vehicles have front-row seat belts that may not be connected properly to the pretensioner anchors, potentially causing them to detach. 🛠️ Tesla will inspect and connect…
Key Points 🚀 Canoo (NASDAQ: GOEV) delivered three specialized versions of their Lifestyle electric vehicle to NASA’s Kennedy Space Center. 🌟 The Crew Transportation Vehicles (CTVs) will transport Artemis astronauts and support personnel from the Neil A. Armstrong Operations and Checkout Building to the launch pad. 🤝 Canoo won the contract in April 2021 for…
Key Points 🚗 Tesla announced factory upgrades during Q3, leading to a potential decrease in production. 🏭 The upgrades are likely related to the launch of the new Model 3, known as “Project Highland.” 📉 CEO Elon Musk targeted 1.8 million vehicle deliveries for the year but expects a slight production decrease in Q3 due…
Key Points 😃 Tesla updated Optimus Bot production figures during Q2 2023 Earnings Call. 🤔 The number of built Optimus Bots is currently around 5 or 6 due to an issue with actuator supply. 🚀 Tesla is designing its own actuators for volume production, and the first production candidate actuators will be ready by around…
Key Points 🚗 Tesla CEO Elon Musk stated during the Q2 2023 Earnings Call that it’s sensible to sacrifice margins to increase vehicle production. 💰 Tesla has been using price adjustments to boost demand and increase orders for its vehicles. 📉 Despite challenging economic conditions, Musk emphasized the importance of cutting prices and sacrificing margins…
Key Points 😃 Tesla will allow Full Self-Driving (FSD) transferability for a limited time. ⏰ The transferability option will be available in Q3 of this year. 💸 It’s a one-time amnesty, so customers need to take advantage of it during Q3. 🚗 Tesla owners should place an order within the third quarter to qualify for…
Key Points 🚀 Tesla revealed new details about the all-electric Cybertruck during the Q2 2023 Earnings Call. 🏭 Final validation and testing of the Cybertruck are currently ongoing worldwide, and it is expected to be the first sub-19 ft. truck with four doors and a 6+ ft. bed, fitting into a garage. 🚚 Initial production…
Key Points 💡 Tesla is in early discussions to license its Full Self-Driving (FSD) software to a major automaker, according to CEO Elon Musk during the Q2 Earnings Call. 💡 Earlier, Musk mentioned in a tweet that Tesla would be happy to license Autopilot or Full Self-Driving technology to other companies to advance autonomous driving.…
Key Points 😄 Tesla (NASDAQ:TSLA) posted its Q2 2023 earnings report after markets closed, beating expectations. 🚗 Tesla had a record quarter in vehicle deliveries and production. 💰 Tesla’s Q2 2023 revenue was $24.93 billion, growing 47% YoY. 💹 Tesla’s non-GAAP earnings per share for Q2 2023 was $0.91, higher than the expected $0.79. 📈…