😕 Tesla has never disclosed how much it invests in helping Elon Musk’s other ventures, raising concerns among investors. 🤝 Musk claims having multiple ventures helps him retain top talent by offering them opportunities not available in established companies like Tesla. 🔄 Risks include distractions, lack of focus, and employee burnout due to working on…
Key Points 💡 Tesla has introduced a state electric vehicle incentive tool on its website to help customers calculate federal and state tax breaks for purchasing Tesla vehicles. 💡 The tool allows customers to understand the discounts they may receive for buying a sustainable vehicle, based on tax credits provided by both state and federal…
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 🚀 SpaceX successfully launched 15 V2 mini Starlink satellites to low Earth orbit from Vandenberg Space Force Base, California. 🌫️ The launch was initially delayed due to a perceived leak in the second stage, but the subsequent attempt was successful. 🛰️ Falcon 9 booster 1071 landed on the droneship ‘Of Course I Still…
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…