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Tesla News
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Tesla signs Korean olympian to be first brand ambassador
- Tesla has signed Korean Olympic Shooter Kim Ye-ji as its first-ever brand ambassador.
- Kim hopes to convey a positive message together with Tesla and is excited to work with the automaker.
- This move is somewhat out-of-character for Tesla, which has been against a devoted advertising campaign in the past.
- Kim's partnership with Tesla aims to link a sustainable future with sports.
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Insider
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5 reasons BYD is surging ahead after eclipsing Tesla's quarterly sales for the first time
- Chinese EV maker BYD has surpassed Tesla's quarterly revenues from EV sales for the first time.
- BYD's success is attributed to its lineup of affordable EVs, such as the Seagull, sold for under $10,000 in China.
- BYD's expansion into luxury vehicles and global markets, focusing on emerging markets like Mexico and Brazil, has contributed to its growth.
- BYD's hybrid range, including plug-in hybrid electric vehicles, has been successful in a market where hybrids are popular, with hybrid sales rising by 62% YoY.
- BYD's vertically integrated supply chains allow it to control production and reduce costs, as it manufactures almost every component in-house.
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Teslarati
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Tesla and Uber launch new incentive program worth $2,000 on Model 3 and Y
- Tesla and Uber have launched a new incentive program worth up to $2,000 on eligible purchases of the Model 3 and Model Y.
- Tesla is offering $1,000 in credits upon taking delivery, while Uber will give $1,000 in cash after completing 100 trips.
- The program aims to encourage more Uber drivers to utilize electric vehicles for their daily work.
- The partnership between Tesla and Uber includes previous collaborations such as Uber integration for navigation and discounts on EV leases.
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Teslarati
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Tesla CEO Elon Musk’s $56bn pay package decision to come before end of year
- The decision on whether Tesla CEO Elon Musk will receive his $56 billion pay package will be made before the end of the year.
- Delaware Court of Chancery Chancellor Kathaleen McCormick will decide on the matter, following her ruling in January that the pay package was unfair to Tesla shareholders.
- Shareholders had already voted in favor of giving Musk the pay package, and McCormick will have the Final say on whether it will be awarded to Musk.
- Musk's attorneys are also requesting the court to vacate the decision and consider $1 billion in legal fees in either cash or stock.
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Evannex
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2024 Porsche Macan EV: Making the Shift to Electric Power
- The all-new 2024 Porsche Macan EV has arrived, offering electric performance in the luxury crossover market.
- The Macan EV Turbo, the top model in the lineup, features twin motors, all-wheel drive, and impressive power with 576 horsepower and 811 lb-ft of torque.
- Convenience is prioritized with fast-charging capabilities, including the ability to charge up to 155 miles in just 10 minutes with an 800-volt charger.
- The Macan EV maintains Porsche's signature design, with modern technology including a digital cluster, touchscreen display, and augmented reality head-up display.
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Teslarati
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Gulfstream leverages Starlink for enhanced in-flight internet connectivity
- Gulfstream Aerospace has obtained FAA supplemental type certification for installing high-speed Starlink internet on its G650 and G650ER aircraft.
- This approval allows G650 and G650ER owners to upgrade their aircraft's connectivity capabilities with Starlink.
- Starlink offers high-speed internet, video conferencing, and rapid data transfers during flights.
- Gulfstream aims to obtain similar certifications for other aircraft models.
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Teslarati
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The Boring Company shows steady progress in Texas projects
- The Boring Company is making progress in its Texas projects.
- The company conducted safety drills at its tunnel in Bastrop, Texas with the Austin Fire Department.
- Construction of a tunnel leading out of the Model Y and Cybertruck factory in Giga Texas is underway.
- There are indications that Tesla may soon use the tunnels for transporting vehicles.
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Teslarati
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Waymo valued at over $45 billion following latest financing round: report
- Waymo, Alphabet's self-driving unit, has been valued at over $45 billion following its latest financing round.
- The investment round, led by Alphabet, raised $5.6 billion and will support the expansion of Waymo One, a ride-hailing service operating in multiple cities.
- Waymo is currently delivering over 100,000 paid trips per week through its robotaxi services.
- Taking outside capital may help Waymo insulate itself from regulatory pressures and potential competition in the autonomous ride-hailing industry.
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Pv-Magazine
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Tesla releases Powerwall 3 expansion units for more capacity at lower price
- Tesla has released Powerwall 3 expansion units that allow owners to increase their storage capacity at a lower cost.
- Each expansion unit adds 13.5 kWh of storage capacity and up to three units can be connected to a single Powerwall.
- The new expansion units are $1,000 cheaper than a regular Powerwall 3 as they do not include expensive components like an inverter.
- The installation time for the expansion units has been reduced to 22 minutes, helping users expand their systems more efficiently.
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Teslarati
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Alpharetta, GA PD pitches Tesla Model Y patrol and admin fleet
- The Alpharetta, Georgia Police Department has proposed using Tesla Model Y vehicles as patrol and administrative vehicles.
- The proposal includes a budget of $349,910.70 to purchase four Tesla Model Y units equipped for police use.
- The potential cost savings in gas and maintenance are the primary motivator for the police department's Tesla pitch.
- If approved, the police department would analyze the savings and advantages offered by electric cars before making further decisions.
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Teslarati
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Tesla owner shares surprising results after 10-day phantom drain test
- A Tesla owner conducted a 10-day phantom drain test on a Model Y and found that the vehicle only lost 1% of battery charge per day when power-hungry applications like Sentry Mode and Cabin Overheat Protection were turned off.
- The Tesla owner left the Model Y at an airport parking lot for 10 days and monitored the battery charge through the Tesla mobile app while on vacation.
- Upon returning, the Model Y still had 79% of its battery charge remaining.
- Other Tesla owners echoed similar findings and cautioned that leaving power-hungry applications on would drain the battery much faster.
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Teslarati
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Elon Musk ponders Starlink with solar+battery package
- SpaceX CEO Elon Musk pondered the idea of offering Starlink with a solar + battery kit.
- This setup would provide high-speed internet access 24/7 in most parts of the world.
- Starlink has become popular for its portable satellite internet system.
- It has been effectively used in areas affected by natural disasters and conflict.
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Medium
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What’s really going on with Waymo vs Tesla FSD?
- Waymo and Tesla's Full Self-Driving (FSD) systems are compared in terms of safety, profitability, and scalability.
- Neural nets in Tesla's FSD learn from subtle cues, improving safety, while hard-coded rules in Waymo have limitations.
- Tesla's FSD has lower costs of $0.20 per mile compared to Waymo's 10x higher charges.
- Tesla's FSD is expected to potentially undercut Waymo by 4-5 times and operate globally.
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Teslarati
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Tesla Semi factory roof installation makes serious progress
- The Tesla Semi factory near Giga Nevada is making progress with the roof installation.
- Drone footage shows that a significant portion of the roof has been installed and insulation work is underway.
- Trucks are seen unloading insulation material for the roof, while footings and columns have been installed in other areas of the facility.
- The Tesla Semi is expected to have high demand due to its low cost of ownership and improved driver safety features.
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Teslarati
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Tesla promotes self-serve test drive program for Europe & Middle East
- Tesla has launched a self-serve test drive program for Europe & Middle East.
- The program allows customers to easily locate, unlock and test drive a Tesla vehicle using the Tesla app.
- The initiative aims to reach potential customers in areas without Tesla service centers or stores.
- Expanding the self-serve test drive program helps Tesla increase its customer base in the region.
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