Key Takeaways Elon Musk stated that Waymo “never really had a chance” against Tesla in the autonomous driving race. Tesla currently has a Safety Monitor system operational in Texas, but plans to eliminate it by year’s end. Waymo is focusing its services on larger urban areas while Tesla aims to expand to all locations globally.…
Key Takeaways Tesla has partnered with BOXABL to design a modular building called “Micromenity” for Supercharger sites. The agreement appears to indicate a future project that could enhance EV charging experiences, especially in rural areas. Tesla’s Supercharger station in Magnant, France, previously opened a small building with amenities like snacks, drinks, and restrooms. This collaboration…
Key Takeaways Tesla expands its Full Self-Driving ride-along program in Europe. The program initially launched in Italy, France, and Germany, with slots quickly filling up. Denmark and Switzerland are the latest countries added to the program. Tesla is working to overcome regulatory hurdles in Europe, finding the process “insanely painful.” CEO Elon Musk is collaborating…
Key Takeaways Tesla is increasing hiring for the Roadster program, focusing on Battery Manufacturing, General Manufacturing, and Vision Engineering roles. Three new job positions have been published, all located in Northern California, including Fremont and Palo Alto. The Roadster is set to be unveiled on April 1, after being postponed from an earlier date. Elon…
Key Takeaways Tesla Gigafactory Shanghai has produced its four millionth vehicle since opening in 2019. The plant started operations in December 2019, achieving an annual run rate of 150,000 vehicles by the end of 2020. Production ramped up significantly, reaching two million vehicles by September 2023. Gigafactory Shanghai not only serves the Chinese market but…
Key Takeaways Tesla introduces a “Charging Passport” to enhance the Supercharging experience. The feature will be available in the Tesla smartphone app for yearly charging summaries. Users can earn badges for unique charging locations like the Tesla Diner and Oasis Supercharger. Key metrics tracked include total unique Superchargers visited, total charging sessions, and favorite charging…
Key Takeaways Tesla has launched aggressive end-of-year incentives, making inventory vehicles more appealing. Customers can now enjoy 0% APR financing for up to 72 months on Model 3 and Model Y purchases. Tesla is offering $0 down leases for the Model Y, previously requiring a minimum down payment of $3,000. These offers are time-sensitive, expiring…
Key Takeaways Tesla has launched a gifting program for Full Self-Driving, allowing owners to gift one month of service for $112. The gift card can be used by recipients to experience semi-autonomous driving, which may convert them into long-term subscribers. The program supports Tesla’s strategy of letting potential customers experience their products, driving sales growth.…
Key Takeaways Tesla has expanded Robotaxi app access globally beyond North America. The Robotaxi platform is currently active in Texas, California, and Arizona, with plans for further expansion. Tesla plans to launch Robotaxi in additional U.S. cities: Miami, Houston, Las Vegas, Phoenix, and Dallas. Regulatory approval is crucial for Tesla’s ambitious expansion plans in various…
Key Takeaways Tesla gets a price target increase from Morgan Stanley, now set at $425. Analyst Andrew Percoco takes over coverage, changing rating from ‘Overweight’ to ‘Equal Weight’. Caution expressed over a “choppy trading environment” for TSLA shares in the next 12 months. Percoco values the Optimus project at approximately $60 per share. Full Self-Driving…