Elon Musk confirms that Gigatexas will start producing 4680 battery cell Model Y later this year. This means Tesla will have 4680 at reasonable scale and car ready in 2021. This is not the 12-18 month timeframe from the last earnings call. This means not 11-17 months from today but less than 7 months. This …
Tesla Expansion of the Shanghai factory is progressing. Tesla construction workers told the Global Times that expansion of Tesla’s factory is progressing and is expected to be completed in the near future. Workers were seen busily working on a construction site on a plot of land across the road from the plant. This is contrary …
Elon Musk is working with Doge devs to improve system transaction efficiency. He says it is potentially promising. Dogecoin uses around 0.1 kWh per transaction compared to the over 1000 kWh per Bitcoin transaction. XRP and Dogecoin are among the most energy-efficient cryptocurrencies. Working with Doge devs to improve system transaction efficiency. Potentially promising. — …
Elon Musk indicates that Tesla will stop using Bitcoin for transactions. Tesla wants to use cryptocurrencies that are at least 100 times energy-efficient per transaction. There is speculation that Tesla could enable solar-powered cryptocurrency mining, support other cryptocurrencies like Doge and could create their own cryptocurrency. Tesla & Bitcoin pic.twitter.com/YSswJmVZhP — Elon Musk (@elonmusk) May …
The National Transportation Safety Board issued Monday the preliminary report for its ongoing investigation of the fatal, April 17, 2021, crash of a 2019 Tesla Model S near Spring, Texas. Human Driver in Crash Footage from the owner’s home security cameras show the owner entering the driver’s seat and the passenger entering the front passenger …
Tesmanian reports Tesla has begun expanding the tent where the Model Y General Assembly is located in Fremont. Another tent will be built on the other side of the Model 3 assembly line, hinting at a significant expansion in the manufacturer’s capacity. Two production lines tents in Fremont are producing 500,000 Model 3/Ys per year. …
Canaccord Genuity reports that Tesla Megapack will be using LFP cathode batteries. LFP batteries are cheaper but less energy dense than lithium ion batteries with nickel. Megapack is Tesla’s largest battery storage product and has a maximum energy capacity of 3 MWh per unit. The new Megapack is design optimized for quick installations, and its …
Tesla has 25% global market share for unit sales of battery electric vehicles, followed by SAIC Motor with 17%, Volkswagen with 8%, Stellantis with 5% and BYD with 5%. Hyundai-Kia and Renault-Nissan had large drops in their battery-electric and plug-in electric sales. Renault-Nissan had 13% share in 2020 but has dropped to 4%. Street Legal …
Barrons reports on evidence that Tesla is tracking to 1 million sales in 2021. Barrons is a leading financial paper. Barrons article is entitled “Tesla Stock Turns Higher Because Sales and Deliveries May Blow Away Estimates”. A key Tesla supplier revenues indicates Tesla is buying components for 1 million cars in 2021. Tesla’s 10Q filing …
Elon Musk tweets FSD Beta V9.0 will blow your mind and limited Beta release will probably be in two weeks. Probably two weeks — Elon Musk (@elonmusk) April 29, 2021 Gating factor is achieving & proving higher safety with pure vision than with vision+radar. We are almost there. FSD Beta V9.0 will blow your mind. …
Tesla’s Q1 2021 earnings call had several statements which indicate that Tesla is targeting the production of 2 million cars in 2022. Tesla expects to sell over 500,000 Model 3 in 2022. Tesla could exceed this target with 600k-700k Model 3. Tesla said they expect the Model Y to be the top-selling car (by revenue …