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Tesla News
Teslarati
4h
183
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Tesla China registrations hit 17,600 in Q4’s second to the last week
- Tesla China registered 17,600 new vehicles in the week of December 16-22, 2024.
- This number is a 4.86% decrease from the previous week's registrations.
- Year-to-date, Tesla's registrations in China are up by 7.5% compared to 2023.
- Tesla China is striving to meet CEO Elon Musk's delivery targets for 2024.
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TechCrunch
17h
22
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Hyundai is giving away free Tesla NACs adapters to its EV customers
- Hyundai is offering free Tesla NACs adapters to its EV customers.
- The adapter will allow Hyundai EV drivers access to over 20,000 Tesla Superchargers in the US.
- Free adapters are available for eligible owners of select Hyundai EV models.
- Customers can request the free NACs adapter through the online MyHyundai owner portal.
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Teslarati
1d
96
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Tesla launches unique charging solution for increased holiday travel
- Tesla has deployed a unique charging solution for increased holiday travel.
- Four Megapack Chargers and mobile chargers have been deployed in heavily traveled areas of the U.S.
- The mobile chargers offer up to 150kW charging speeds.
- Tesla is also working on improving the existing Supercharger network.
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TheCryptoBasic
2d
11
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Analyst Identifies Timeline for XRP to Hit $41, Citing Tesla Path with a Factor of 10
- Market commentator EGRAG believes XRP could follow Tesla's price trajectory and potentially reach $41 within the next 91 days.
- EGRAG identifies similarities between Tesla's historical rally and XRP's current market conditions.
- XRP's recent correction and support level at $2.1244 suggest a potential rebound.
- EGRAG projects a drop to $1.20 before a rally to $5.6, with an ultimate target of $41 in 91 days.
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Teslarati
2h
239
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Tesla China is already starting its Q1 2025 push
- Tesla China has introduced new promotions for the Model Y in its Q1 2025 push.
- A discount of RMB 10,000 has been implemented on the final payment for existing Model Y vehicles.
- A 5-year, zero-interest financing offer has been extended until January 31, 2025 for qualified Model Y and Model 3 buyers.
- These promotions may be aimed at clearing inventory before the updated Model Y production ramps up in January 2025.
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Tech Story
8h
267
Canoo Enforces Mandatory Unpaid Leave Amid Financial Struggles
- EV startup Canoo is implementing mandatory unpaid leave for its employees through the end of 2024 due to financial struggles.
- This decision follows temporary layoffs and the shutdown of its assembly plant in Oklahoma.
- The company has only $700,000 in its bank account and is facing a funding crisis.
- Canoo announced a reverse stock split to boost its stock price and maintain its listing on the Nasdaq exchange.
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Technode
8h
81
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NIO CEO says company prepared for market upheaval in 2025
- NIO founder, CEO and Chairman William Li says that the company is well prepared for the upheaval expected in 2025, when it anticipates a strong product cycle. He added that the recently launched NIO ET9 Sedan is able to pilot itself, even in adverse conditions thanks to lidar and “Shenji” soC systems. Also launched at the event was the NIO firefly micro EV, reflecting what Li claims is a unique mindset among automakers when it comes to delivering “best in class” safety. Improved battery life and increased functionality are also promised.
- NIO announced estimated 2021 deliveries in excess of 231k vehicles, with ambitions to break even in 2026. Among these deliveries, the new ET9 is priced at RMB 778k ($120,194), with deliveries scheduled to begin in 2022. More affordable units such as the ET7 and the European ET5 are expected in 2022, with European launch dates and specifics to be announced. With NIO shares up over 240% YTD, it’s one of China’s hottest stocks in what is an increasingly crowded EV market.
- NIO’s ambitious push east to Europe intensified last week when the Chinese automaker announced that it had signed an MOU with theme-park giant Rulantica to build a charging network for electric vehicles powered by renewable energy drawn from the park. The MOU specifically aims to create charging for the park’s customers, with the intention of exceeding 20 NIO charging points on completion.
- New ET9, China-flagship EV from NIO revealed. With up to 620 miles of range (est), and self-driving capabilities thanks to its massive amount of sensors, this EV comes in with a massive, “in your face” sort of styling, and NIO announced that the new ET9 dubbed “China’s debut super EV” will start at around $70,000 and will compete price-wise with Tesla’s Model S.
- Chinese electric carmaker Nio is to build up to six battery-swap stations in Budapest, under a new agreement with charging network operator E.ON. The stations will allow drivers to swap the battery in their Nio car for a fully charged replacement in a matter of minutes, mitigating the need to find a charging station.
- Analysts at Credit Suisse have initiated coverage of Nio with an 'outperform' rating and a target price of $63.80 per ADR. The Swiss investment bank believes a more gradual reduction in EV subsidies, compared to earlier expectations, will boost the outlook for the Chinese EV maker in the near future.
- Chinese electric vehicle (EV) maker Nio is seeking to raise more than $1.8bn in a dual-listing of its shares in Hong Kong, according to informed sources. “The funds raised will be used to finance business development, research and development, and working capital,” a person with knowledge of the situation said. Proceeds from the fundraising will be spent on research and development, as well as developing sales networks and product design.
- China's electric vehicle maker Nio has raised $2.7bn (£2bn) to fund capacity expansion and R&D on self-driving technologies over the coming three years. With a US-listing and capitalisation now above Ford, many predicting that Nio will soon overtake Tesla; the EV sector’s largest provider.
- Chinese electric vehicle manufacturer Nio said it saw an “explosive” increase in sales in Q2, although it still made a net loss for the period of RMB 1.16 billion ($168 million). Deliveries hit 10,331, compared with 3,553 in the previous quarter, while revenue jumped from RMB 1.4 billion to RMB 3.72 billion. The months from July have seen record-high numbers of orders and deliveries, the company said.
- Chinese electric vehicle maker Nio delivered 5,055 vehicles in August, up 104% YoY and a monthly record. That brings the company’s cumulative deliveries to 58,288. It said it expects to achieve a production rate of 5,000 per week in September and may increase its capacity accordingly.
- Nio expects Q2 2021 revenues of $1.24B-$1.25B – growth of about 47% over Q1 – thanks to deliveries of roughly 21k EVs, beating previous guidance, according to a preliminary financial report. Gross margin is expected to be 18%-19%, up from 17.2% in Q1. Shares of Chinese EV makers have slumped this year over regulatory uncertainty and the global chip shortage.
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Medium
18h
33
Image Credit: Medium
It feels like we’ve got this secret nobody else knows
- Tesla is making progress with its Full Self-Driving (FSD) system.
- Tech analysts and deep learning engineers are optimistic about Tesla's FSD technology.
- Tesla is currently building a teleoperation team to take over remote control in rare cases where FSD encounters difficulties.
- With the advancements in FSD and the teleoperation team, it is predicted that Tesla robotaxis will be available by 2025.
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Tech Story
22h
3
AgiBot Begins the Mass Production of Humanoid Robots
- AgiBot, a Chinese technology startup, has announced the commencement of mass production for its general-purpose humanoid robots.
- The company has already made almost 1,000 robots in its Shanghai facility.
- Tesla also recently released its latest Optimus robot, setting ambitious targets to have them in low production for Tesla internal use next year, and high production for other companies in 2026.
- The contrasting approaches of the two companies suggest different visions for humanoid robot applications.
- AgiBot emphasizes developing robots with precise movement and dexterity and massive data collection to advance AI training.
- Tesla’s approach appears more focused on general-purpose functionality, with the Optimus robot described as versatile and capable of performing nearly any task.
- AgiBot’s current manufacturing capabilities demonstrate China’s early lead in bringing humanoid robots to market.
- AgiBot’s achievement in beginning mass production could signal a shift in the global robotics landscape, potentially accelerating the timeline for widespread commercial availability of humanoid robots.
- With AgiBot’s production line already operational and Tesla’s plans for future deployment, the era of commercially available humanoid robots appears closer than ever.
- The industry watches closely to see how these developments will shape the future of robotics and human-machine interaction.
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Teslarati
1d
207
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More Tesla Model Y “Juniper” prototypes sighted amid reports of upcoming production
- More sightings of the Tesla Model Y “Juniper” were recently reported on social media.
- The sightings come amidst reports that Tesla China is preparing for the initial production of an updated version of the all-electric crossover.
- A recent Model Y “Juniper” prototype sighting was reported in California, featuring a camouflaged front and rear end.
- Reports suggest that the upgraded Model Y will have similarities to the Model 3 Highland, including exterior, interior, and battery updates.
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Evannex
1d
245
Image Credit: Evannex
Why Tesla's Over-the-Air Fixes Put Legacy Automakers in the Rearview Mirror
- Tesla's recent recall of nearly 700,000 vehicles is not as big a hassle as traditional recalls as Tesla is setting itself apart by using an Over-the-Air (OTA) software update instead of requiring customers to take their car to a repair shop.
- The latest recall affects nearly 700,000 vehicles of several popular models, including the Model 3, the Model Y, and the Cybertruck.
- Initially, it was a glitch in TPMS, which didn't work correctly and didn't flash a warning light on the dashboard if there's underinflated air in the tire.
- Tesla solved this issue with an Over-the-Air (OTA) software update, making the recall process much more manageable for customers.
- OTA updates are groundbreaking and are a turning point as they save time and completely revolutionize how recalls are handled for car owners.
- Traditional automakers require physical repairs, which can take weeks or even months for larger recalls. However, with OTA updates, Tesla can send fixes to hundreds of thousands of cars simultaneously, taking care of the issue almost immediately.
- Tesla's approach with OTA updates is a game-changer for car owners as they are more convenient, cost-effective, save time, and keep users safer, sooner.
- Tesla's OTA updates show how their technology gives them an edge over traditional automakers, making car ownership more straightforward for customers.
- If your Tesla is part of this recall, there’s not much you need to do. Tesla will handle most of the process for you by updating you when the fix is ready and installing it automatically.
- Tesla’s technology is changing the game for car owners. The recall is a reminder of how far we’ve come in making cars smarter and convenient.
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Teslarati
1d
324
Image Credit: Teslarati
Tesla analyst shares pessimistic view of robotaxi fleet
- Tesla analyst Gary Black shared a pessimistic view of the robotaxi fleet’s future over the weekend.
- Black predicts that less than 50% of Tesla owners will join the company’s robotaxi fleet.
- Owners may be uncomfortable lending their cars to strangers.
- Elon Musk has stated that Tesla will independently add vehicles to the robotaxi fleet, separate from individual car owners.
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Teslarati
1d
318
Image Credit: Teslarati
Tesla’s latest FSD Supervised version rolls out to AI4 with holiday update
- Tesla started rolling out its holiday update, along with the latest version of the Supervised Full Self-Driving (FSD).
- The update includes FSD Supervised v13.2.2 for AI4 computer and a much-updated FSD Supervised v12.6 for AI3 (HW3) by year-end.
- The holiday update brings improvements and fun features, such as Cybertruck Santa Mode and custom Cybertruck avatar wraps.
- Other new features include Tesla Apple Watch app, preferred battery charge level setting, and the ability to play arcade games on the rear screen.
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Libsyn
2d
210
Image Credit: Libsyn
Episode 490: Franz Shares Cybercab Design Insights
- Tesla Chief Designer Franz von Holzhausen provides insights on the design of the Cybercab.
- Cybertruck owners receive an interim supercharging speed boost while waiting for the full 500kW next year.
- FSD version 13 is released, bringing good news for AI3 owners.
- Referral program offers discounts for first-time Tesla buyers.
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Moneyweb
2d
0
Alphabet ends 2024 on high with help from quantum tech leap
- Alphabet is ending 2024 on a high, with a quantum computing breakthrough spurring a stock rally late in the year.
- The quantum computing capabilities of Alphabet's Willow chip have generated positive sentiment and helped the stock outperform.
- While the algorithm used has no practical applications yet, the potential for quantum computing is vast.
- Alphabet shares trade at a lower multiple compared to other tech companies and are seen as undervalued considering their track record of successful monetization.
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