Tesla provided an update on Cybertruck production during the latest earnings call. The company announced that it would be moving towards Cybertruck beta production later this year in Gigafactory Texas. In its Q2 2021 Update Letter, Tesla stated it was making progress on the industrialization of the Cybertruck and plans to start production on the electric…
Tesla has confirmed that it still is on track to manufacture the Model Y crossover at both the Giga Texas and Giga Berlin plants in 2021 as construction at both facilities continues. Additionally, the news confirmed that the Cybertruck is taking a backseat to the Model Y, ending speculation of what vehicle Tesla would manufacture…
Tesla’s (NASDAQ:TSLA) second-quarter for 2021 saw the electric car maker post $11.958 billion in revenue. The results, which were discussed in the Q2 2021 Update Letter, were released after the closing bell on Monday, July 26. Tesla’s second-quarter was impressive, with the electric car maker producing a total of 206,421 vehicles, an astounding number considering that Q2…
Tesla has finally updated the public about the development of its 4680 battery cells, giving new details regarding the development and performance of the new chemistry and additional details about the structural battery pack and how it is performing in crash tests. 4680 BATTERY CELL Unveiled at Tesla Battery Day in September 2020, the 4680…
Tesla has been one company that has demonstrated an incredible response to the global semiconductor shortage, a challenge that has plagued many automakers and other tech companies in 2021. In its recent Q2 2021 Earnings Update Letter, the automaker described how it had avoided this shortcoming, and it’s in part to the company’s “unparalleled ability…
Tesla’s (NASDAQ:TSLA) is scheduled to post its second-quarter financial results later today after markets close. A live Q&A session would be held by Tesla’s management at 2:30 p.m. PT (5:30 p.m. ET), which would allow the company to discuss several key developments in its projects, as well as potential headwinds that investors could expect for…
Tesla investors have voted for the top questions they want the company’s executives to answer at the Q2 2021 earnings call. The questions, which were submitted by both retail and institutional investors, were aggregated on Say.com. TOP RETAIL INVESTOR QUESTIONS As usual, some of Tesla Daily host Robert Maurer’s questions made it to the top of the list. Both of Maurer’s…
Loup forecasted that Tesla’s booked operating profit from upfront FSD purchases and subscriptions will increase from $600 million in 2021 to $102 billion by 2032. Tesla finally released Full Self-Driving (FSD) Beta V9 this month. Tesla also launched FSD subscriptions in July. TSLA bull Loup believes that FSD subscriptions would make Tesla drivers more open to the autonomous software.…
Any driver who has ever encountered floods knows just how unnerving the experience could be. Those who have driven a manual car through a flooded road would likely remember how tricky it was to balance the throttle on second gear to ensure that water does not enter the exhaust pipe. Those who have driven older…
Tesla’s FSD Beta 9 has only been deployed to a select number of testers for a few weeks, but the company seems ready to release an update for the advanced driver-assist system. This was hinted at by CEO Elon Musk in a recent interaction on Twitter. While responding to a Tesla Model 3 owner who…