Key Takeaways Tesla’s in-house 4680 battery cells have achieved the lowest cost per kWh production. The Texas manufacturing team has scaled production to become more cost-effective than external suppliers. CEO Elon Musk highlighted the achievement, emphasizing its significance given Tesla’s diverse business focus. Michael Guilfoy, Tesla’s Giga Texas Director, praised the team’s hard work and…
Key Takeaways Tesla’s Full Self-Driving (FSD) is a partially automated driving system, not yet ready for unsupervised use. Tesla is facing financial challenges, including a 36% stock drop and a 13% vehicle delivery decline in early 2025. Tesla plans to launch a driverless ride-hailing service in Austin, Texas, later this year despite skepticism about FSD…
Key Takeaways Tesla has shared a new video of its Supervised Full Self-Driving (FSD) tests in Europe, particularly in Amsterdam, Netherlands. The launch of FSD in European and Middle Eastern markets is pending regulatory approval, with tests still labeled as “engineering test drives.” These test drives require active driver supervision and are not fully autonomous;…
Key Takeaways David Lau, Tesla’s VP of Software Engineering, is departing after nearly 12 years, having made significant contributions to the company’s vehicle software and cloud services. Lau’s work included developing firmware for powertrain systems, managing battery software, and overseeing the user interface for navigation. Lau joined Tesla as a Senior Manager and climbed to…
Key Takeaways Tesla has introduced a more affordable Long Range All-Wheel-Drive trim of the Model Y “Juniper” in the U.S., priced at $48,990 before tax credits. Production of the new Model Y is being ramped up at Tesla’s Gigafactory in Texas, offering non-Launch Edition trims. Previously, sales of this trim level were initiated in other…
Key Takeaways Jim Cramer believes Tesla no longer qualifies as part of the “Magnificent Seven” tech stocks. The “Magnificent Seven” includes Apple, Microsoft, Amazon, Alphabet, Meta Platforms, Tesla, and Nvidia, known for market influence and innovation. Cramer suggests investors look at low multiple tech, industrials, and banks instead of the traditional “Mag 7.” Trump’s tariffs…
Key Takeaways Tesla is constructing a UFO-inspired Supercharger in Roswell, New Mexico, embracing the area’s alien tourism theme. The inspiration comes from the 1947 incident near Roswell, which sparked UFO rumors and has been a point of interest ever since. The location will have eight charging stalls under a unique CyberCanopy design, enhancing the visual…
Key Takeaways A Tesla parked at a Cub Foods in Bloomington, Minnesota, was vandalized, incurring $3,200 in damages. The Tesla owner chose not to pursue criminal charges and only wished for the repairs to be covered by the woman who caused the damage. Police Chief Booker Hodges highlighted the compassionate approach, stating it was the…
Key Takeaways Tesla Energy outperformed the automotive division in Q1 with significant growth in battery storage deployments. The Energy division deployed 10.4 GWh of storage products, marking a 156% year-over-year increase. This quarter was second only to Q4 2024 for Tesla Energy in terms of deployments. Tesla continues to expand its energy storage projects globally,…
Key Takeaways Tesla plans to produce its first “legion” of humanoid robots in 2025, as announced by CEO Elon Musk during their Q1 2025 All-Hands meeting. A recent video shared by Elon Musk highlights improvements in the Optimus robot’s walk, showcasing a humanlike movement and smoother gait. Milan Kovac, Tesla’s Vice President of Optimus, provided…