Tesla Says Texas Crash Likely Had Driver, Autopilot Was Off, Seat Belts Unbuckled, According to Joint U.S. Study
Tesla has revealed the early conclusions of a joint study with the NTSB, NHTSA and local police, regarding the Model S crash in Spring, Texas, that media reports erroneously claimed was the result of the company’s Autopilot system. During Tesla’s Q1 2021 earnings call, a retail investor asked, “does Tesla have any proactive plans to […]
Tesla ‘Nearly Ready’ to Switch U.S. Market to Tesla Vision for FSD, Ahead of Schedule
During Tesla’s Q1 2021, the company also provided an update on its Autopilot and Full Self-Driving (FSD) technology. According to Tesla, V9 of FSD City Streets beta “will soon become more widely available” in the United States. Tesla says it believes a “vision-only system is ultimately all that is needed for full autonomy.” Tesla explains […]
Tesla Shares Image of Semi Prototype Testing, New Gigafactory Construction Photos
Tesla shared a new image of its Semi truck prototype testing, as found in its first quarter earnings report, which set new records for net income and revenue. The company also shared images of the Gigafactory Berlin, showing off the Model Y factory construction, as seen below: We also have a picture of the Giga […]
Tesla Sold Some Bitcoin in Q1, Earns $272 Million in Proceeds
Tesla has disclosed on its balance sheet it sold some of its previous $1.5 billion investment in Bitcoin, and saw $272 million in proceeds from the sale, based on the “proceeds from sales of digital assets” on its cash flow from investing activities. Tesla said in its Q1 slide deck, “quarter-end cash and cash equivalents […]
Tesla Factories Can Now Produce Over 1 Million Cars Per Year
During Tesla’s record first quarter earnings, the company also provided an update for the “installed annual capacity” of its current factories in California and Shanghai, China. According to Tesla, its Fremont, California factory can currently produce 100,000 Model S and Model X vehicles, along with 500,000 Model 3 and Model Y vehicles per year. As […]
Tesla Q1 2021: Record Net Income of $438 Million and $10.39 Billion Revenue
Tesla reported its first quarter earnings on Monday and the company has posted record numbers. The company saw $10.39 billion in revenue, an increase of 74% year-over-year, while net income was also a record at $438 million for Q1. “In Q1, we achieved our highest ever vehicle production and deliveries. This was in spite of […]
Here is a Tesla Model 3 with New White Door Trims, Delivered in Chicago
Tesla occasionally adds incremental upgrades its vehicles, coming at random times, and now we’re again seeing a feature that first debuted in China make its way to the United States. Photos of a Tesla Model 3 with white interior trim and a new door panel design were shared to Reddit on Monday, before being […]
Tesla Plans to Add Recycling Facility for EV Parts at Giga Shanghai
Alongside working to solve climate change through widespread zero-emission vehicle adoption, Tesla is now looking to recycle its EV hardware to reduce battery and motor waste. Tesla plans to add an electric vehicle (EV) component recycling facility at Gigafactory Shanghai, according to a document Tesla submitted in Shanghai (via Reuters). The facility would be particularly […]
Xbox Xcloud Beta Runs on Tesla’s Web Browser, Gamers Rejoice
Xbox’s Xcloud beta gaming mode actually works in Tesla’s web browser, according to a post shared Sunday on Reddit. According to u/NoNoveltyNeeded in the Tesla Motors subreddit, the user reported that Xcloud offered an “unsupported browser” warning message, they said they were able to proceed and play the game, as shown in the photo. For […]
Tesla Could Be Headed For 900,000 Deliveries in 2021, Says Wedbush
With Tesla’s Q1 earnings call scheduled for later today, Wedbush Securities Managing Director Dan Ives spoke with CNBC about Tesla’s delivery forecast being the most important factor to Tesla’s earnings, saying that the company’s delivery forecast could be headed toward 900,000 for 2021. Ives and Wedbush currently have Tesla’s price target set at $1,000, with […]
62-Stall Santa Monica Tesla Supercharger Can Now Proceed with Construction
After a proposal to build a 62-stall Tesla V3 Supercharger passed in Santa Monica, the future of the project was thrown into murky water after the City Council used a zoning loophole to delay the proposal’s full approval. On Friday, however, the Santa Monica Supercharger project was given new life by the council, with […]
China’s NIO and Xpeng are Tesla’s Best Rivals for Global Marketshare: JPMorgan
One JPMorgan Asset Management Manager said Monday that China-based electric vehicle (EV) companies NIO and Xpeng Motors are best slated to rival EV giant Tesla in terms of global market share, as reported by the South China Morning Post. While the companies may take years to become profitable, they’re still considered the best bets in […]
Tesla Stock Poised to Swing 7.2% in Either Direction, Hints Options Pricing
Bloomberg reports options pricing hints at Tesla’s stock price going up or down 7.2%, which could end up being the largest post-earnings swing since January 2020, ahead of the company’s Q1 earnings, slated for Monday, April 26. Given the volatile movement history of Tesla stock immediately following company earnings calls, which direction stock price will […]
Watch Tesla FSD Beta 8.2 Drive Around Walnut Creek, California [VIDEO]
In a recently published YouTube video, AI DRIVR gives us another walkthrough of Tesla’s Full Self-Driving beta in the streets of California, this time in Walnut Creek on version 8.2 (2021.4.11.1) of the beta. AI DRIVR programs a route into their Tesla’s navigation, and lets the vehicle do its thing while maintaining constant vigilance throughout. The Tesla’s […]
Tesla Now Lets Owners See Previously Owned Vehicles Online
According to a recent tweet from @DesertTesla, Tesla has now added the ability to view a list of (and documentation for) all of the Tesla vehicles you have previously owned to your Tesla account. https://twitter.com/DesertTesla/status/1386088081552379905 You can find the option by signing into your Tesla account at Tesla.com, and navigating to Previously Owned under your account. Once you do […]