💰 Just a few days after its launch, Tesla has increased the price of the Model 3 Performance in the U.S. by $1,000, bringing the new price to $53,990. 🏆 Despite the price increase, the Model 3 Performance remains more affordable than the Long Range configuration when factoring in the $7,500 federal tax credit. 🇨🇦…
🚘 Tesla has been aggressively promoting its Supervised Full Self-Driving (FSD) in North America recently. 🌍 Tesla CEO Elon Musk suggests that the launch of FSD in other left-hand-drive (LHD) regions is imminent. ⏳ Musk stated that Tesla believes version 12 of FSD is ready for supervised use in LHD countries, but right-hand-drive (RHD) regions…
💰 Former Tesla executive Drew Baglino has sold off around 1.14 million Tesla shares, worth approximately $181.5 million, according to an SEC filing. 🕰️ Baglino was the Senior Vice President of Powertrain and Energy Engineering and had been with Tesla for 18 years before announcing his departure this week. 📄 The share sale is the…
🇨🇳 Tesla has launched subscriptions for Enhanced Autopilot (EAP) in China, with options of 699 yuan (~$98) per month or 1,399 yuan (~$197) for three months. 🚗 EAP in China offers features like auto-steering, auto lane change, and navigate on Autopilot, with expectations of adding smart summons and automatic parking options. 🔜 The launch of…
🏭 Tesla is laying off more workers at its Gigafactory in Nevada, as part of the company’s efforts to trim its workforce globally. ✂️ The layoffs affect around 693 employees at the Nevada plant, which builds battery cells and is expanding for additional production lines. 👥 Along with the layoffs, three high-profile Tesla executives have…
🇮🇳 India remains an important potential market for Tesla’s expansion plans, despite Elon Musk canceling his recent visit. 💬 Opposition leader Jairam Ramesh noted that India is awaiting Tesla’s entry, regardless of the upcoming election results. 💰 Finance Minister Nirmala Sitharaman assured that India will strive to make the country attractive for investors like Tesla.…
🚚 Tesla has set a late 2025 and early 2026 launch date for the Semi truck, its Class 8 electric semi-trailer. 🏭 Tesla has started construction of a dedicated manufacturing facility for the Semi in Nevada, near its Gigafactory. 💻 The company has been working with PepsiCo on an early pilot program to test the…
🚀 Relativity Space has made significant changes to Space Launch Complex 16 at Cape Canaveral Space Force Station to prepare for the launch of its Terran R rocket. 🏗️ The previous infrastructure built for the Terran 1 rocket has been largely demolished to make way for the larger Terran R facilities. 🏭 Relativity Space plans…
🚫 The NHTSA has closed its investigation (EA22002) into Tesla Autopilot, which aimed to assess the performance of the system. 🔍 However, the agency has opened a new Recall Query (RQ24009) to evaluate the effectiveness of Tesla’s Autopilot remedy (23V-838) rolled out in December 2023. 🚨 The NHTSA identified at least 13 crashes involving fatalities…
🏭 Over 330 Tesla Megapack batteries were spotted in the holding lots of the Lathrop Megafactory, highlighting the facility’s growing role in the company’s operations. 📈 Tesla’s energy generation and storage revenues increased by 7% year-over-year, with gross profit up 140% driven by increased Megapack deployments. 💰 Tesla Energy reached record profitability in Q1 2024,…