Tumgik
#2022 tesla cybertruck
Link
Tumblr media Tumblr media Tumblr media Tumblr media
Tesla Cybertruck Space Campers, 2022. A new start-up is offering a modular camper for Tesla’s Cybertruck. The pop-up roof contains a double bed and provides 8ft of headspace
87 notes · View notes
pixelartarchive · 1 year
Photo
Tumblr media
Tesla Cybertruck 2022 - Still the car of tomorrow?
28 notes · View notes
mariacallous · 1 year
Text
For now, Alex Lagetko is holding on to his Tesla stocks. The founder of hedge fund VSO Capital Management in New York, Lagetko says his stake in the company was worth $46 million in November 2021, when shares in the electric carmaker peaked at $415. 
Since then, they have plunged 72 percent, as investors worry about waning demand, falling production and price cuts in China, labor shortages in Europe, and, of course, the long-term impact of CEO Elon Musk’s $44 billion acquisition of Twitter. After announcing his plans to buy the platform in April, Musk financed his acquisition with $13 billion in loans and $33 billion in cash, roughly $23 billion of which was raised by selling shares in Tesla. 
“Many investors, particularly retail, who invested disproportionately large sums of their wealth largely on the basis of trust in Musk over many years were very quickly burned in the months following the acquisition,�� Lagetko says, “particularly in December as he sold more stock, presumably to fund losses at Twitter.”
Lagetko is worried that the leveraged buyout of Twitter has left Tesla exposed, as interest payments on the debt Musk took on to fund the takeover come due at the same time as the social media company’s revenues have slumped.
But Tesla stock was already falling in April 2022, when Musk launched his bid for Twitter, and analysts say that the carmaker’s challenges run deeper than its exposure to the struggling social media platform. Tesla and its CEO have alienated its core customers while its limited designs and high prices make it vulnerable to competition from legacy automakers, who have rushed into the EV market with options that Musk’s company will struggle to match.
Prior to 2020, Tesla was essentially “playing against a B team in a soccer match,” says Matthias Schmidt, an independent analyst in Berlin who tracks electric car sales in Europe. But that changed in 2020, as “the opposition started rolling out some of their A squad players.”
In 2023, Tesla is due to release its long-awaited Cybertruck, a blocky, angular SUV first announced in 2019. It is the first new launch of a consumer vehicle by the company since 2020. A promised two-seater sports car is still years away, and the Models S, X, Y, and 3, once seen as space-age dynamos, are now “long in the tooth,” says Mark Barrott, an automotive analyst at consultancy Plante Moran. Most auto companies refresh their looks every three to five years—Tesla’s Model S is now more than 10 years old.
By contrast, this year Ford plans to boost production of both its F-150 Lighting EV pick-up, already sold out for 2023, and its Mustang Mach-E SUV. Offerings from Hyundai IONIQ 5 and Kia EV6 could threaten Tesla’s Model Y and Model 3 in the $45,000 to $65,000 range. General Motors plans to speed up production and cut costs for a range of EV models, including the Chevy Blazer EV, the Chevy Equinox, the Cadillac Lyric, and the GMC Sierra EV. 
While Tesla’s designs may be eye-catching, their high prices mean that they’re now often competing with luxury brands. 
“There is this kind of nice Bauhaus simplicity to Tesla’s design, but it’s not luxurious,” says David Welch, author of Charging Ahead: GM, Mary Barra, and the Reinvention of an American Icon. “And for people to pay $70,000 to $100,000 for a car, if you’re competing suddenly with an electric Mercedes or BMW, or a Cadillac that finally actually feels like something that should bear the Cadillac name, you’re going to give people something to think about.”
While few manufacturers can compete with Tesla on performance and software (the Tesla Model S goes to 60 mph in 1.99 seconds, reaches a 200-mph top speed, and boasts automatic lane changing and a 17-inch touchscreen for console-grade gaming), many have reached or are approaching a range of 300 miles (480 km), which is the most important consideration for many EV buyers, says Craig Lawrence, a partner and cofounder at the investment group Energy Transition Ventures.
One of Tesla’s main competitive advantages has been its supercharging network. With more than 40,000 proprietary DC fast chargers located on major thoroughfares near shopping centers, coffee shops, and gas stations, their global infrastructure is the largest in the world. Chargers are integrated with the cars’ Autobidder optimization & dispatch software, and, most importantly, they work quickly and reliably, giving a car up to 322 miles of range in 15 minutes. The network contributes to about 12 percent of Tesla sales globally.
“The single biggest hurdle for most people asking ‘Do I go EV or not,’ is how do I refuel it and where,” says Loren McDonald, CEO and lead analyst for the consultancy EVAdoption. “Tesla figured that out early on and made it half of the value proposition.”
But new requirements for funding under public charging infrastructure programs in the US may erode Tesla’s proprietary charging advantage. The US National Electric Vehicle Infrastructure Program will allocate $7.5 billion to fund the development of some 500,000 electric vehicle chargers, but to access funds to build new stations, Tesla will have to open up its network to competitors by including four CCC chargers.
“Unless Tesla opens up their network to different charging standards, they will not get any of that volume,” Barrott says. “And Tesla doesn’t like that.”
In a few years, the US public charging infrastructure may start to look more like Europe’s, where in many countries the Tesla Model 3 uses standard plugs, and Tesla has opened their Supercharging stations to non-Tesla vehicles. 
Tesla does maintain a software edge over competitors, which have looked to third-party technology like Apple’s CarPlay to fill the gap, says Alex Pischalnikov, an auto analyst and principal at the consulting firm Arthur D. Little. With over-the-air updates, Tesla can send new lines of code over cellular networks to resolve mechanical problems and safety features, update console entertainment options, and surprise drivers with new features, such as heated rear seats and the recently released full self-driving beta, available for $15,000. These software updates are also a cash machine for Tesla. But full self-driving features aren’t quite as promised, since drivers still have to remain in effective control of the vehicle, limiting the value of the system.
A Plante Moran analysis shared with WIRED shows Tesla’s share of the North American EV market declining from 70 percent in 2022 to just 31 percent by 2025, as total EV production grows from 777,000 to 2.87 million units.
In Europe, Tesla’s decline is already underway. Schmidt says data from the first 11 months of 2022 shows sales by volume of Volkswagen’s modular electric drive matrix (MEB) vehicles outpaced Tesla’s Model Y and Model 3 by more than 20 percent. His projections show Tesla’s product lines finishing the year with 15 percent of the western European electric vehicle market, down from 33 percent in 2019.
The European Union has proposed legislation to reduce carbon emissions from new cars and vans by 100 percent by 2035, which is likely to bring more competition from European carmakers into the market. 
There is also a growing sense that Musk’s behavior since taking over Twitter has made a challenging situation for Tesla even worse.
Over the past year, Musk has used Twitter to call for the prosecution of former director of the US National Institute of Allergy and Infectious Diseases Anthony Fauci (“My pronouns are Prosecute/Fauci”), take swings at US senator from Vermont Bernie Sanders over government spending and inflation, and placed himself at the center of the free speech debate. He’s lashed out at critics, challenging, among other things, the size of their testicles. 
A November analysis of the top 100 global brands by the New York–based consultancy Interbrand estimated Tesla’s brand value in 2022 at $48 billion, up 32 percent from 2021 but well short of its 183 percent growth between 2020 and 2021. The report, based on qualitative data from 1,000 industry consultants and sentiment analysis of published sources, showed brand strength declining, particularly in “trust, distinctiveness and an understanding of the needs of their customers.”
“I think [Musk’s] core is rapidly moving away from him, and people are just starting to say, ‘I don’t like the smell of Tesla; I don’t want to be associated with that,’” says Daniel Binns, global chief growth officer at Interbrand.
Among them are once-loyal customers. Alan Saldich, a semi-retired tech CMO who lives in Idaho, put a deposit down on a Model S in 2011, before the cars were even on the road, after seeing a bodiless chassis in a Menlo Park showroom. His car, delivered in 2012, was number 2799, one of the first 3,000 made.
He benefited from the company’s good, if idiosyncratic, customer service. When, on Christmas morning 2012, the car wouldn’t start, he emailed Musk directly seeking a remedy. Musk responded just 24 minutes later: “...Will see if we can diagnose and fix remotely. Sorry about this. Hope you otherwise have a good Christmas.”
On New Year’s Day, Joost de Vries, then vice president of worldwide service at Tesla, and an assistant showed up at Saldich’s house with a trailer, loaded the car onto a flatbed, and hauled it to Tesla’s plant in Fremont, California, to be repaired. Saldich and his family later even got a tour of the factory. But since then, he’s cooled on the company. In 2019, he sold his Model S, and now drives a Mini Electric. He’s irritated in particular, he says, by Musk’s verbal attacks on government programs and regulation, particularly as Tesla has benefited from states and federal EV tax credits.
“Personally, I probably wouldn’t buy another Tesla,” he says. “A, because there’s so many alternatives and B, I just don’t like [Musk] anymore.”
8 notes · View notes
Note
Oh that’s why viv is in New Orleans, cvpr conference https://www.teslarati.com/tesla-original-cybertruck-cvpr-2022-photos/
🙄🙄
1 note · View note
nityarawal · 11 days
Text
4/13/2024
Met My Silver Cybertruck 
And Isha's Black
Morning Songs
Met My Silver Cybertruck
Isha's Black One Too
Yeah They're Lovely
Saw An Ugly
Hot Pink Competitor
What Did Davina
Do To Get This
Hot Pink Car
Did He Suck
Her Old Man
At Tesla
His Sugar Daddy
And Whole New World
Army
And Get A Wet 
Fart
Thankyou Like
Tay Tay
From Football Cons
Saw An Ugly Hot 
Pink Cybertruck
Wrap Must've Been
On Sale
Davina Prostituted
For Concerts
Heard Bad Bunny
Got A White One
In DHS
And Is Bragging
About Plea Bargains
Cutting Lines
In Songs
From Sky Valley
Hoods
Is He A Mommy
Hater
Like "Friend" Eddie
Who Promised
Me New Tires
From Jiffy Lube
Only To Try To Hit
On Me
And Laugh If They 
Popped
Killing Mommy
Bad Bunny
Sang Next Door
To Justin Wild's
On Christmas Day
In 2022
We Listened From 
The Garden
My First Introduction 
Sky Valley Harmony
But The Men Don't
Love The Women
On That Block
Is Secret Service
Justin Wild Blowing
Bunny For A Ride
In His White Cyber
Truck
Like All Our
Tesla Bros
My Ladies Felt Used
My Ladies Felt Abused
My Ladies Don't Like
The Way You
Sold Taylor
Swift And Beyonce
For A Clone
In A War
Of Violent
Misconduct
Not Courtships
Mammas' Don't Like
Our Sisters Selling Out
But Most Of Them
Are Robots Now
Mammas Don't Like
Elon Raped In The
Cage
We Love Our Elon
And We've Got
Four Million Kids
Missing
In The USA
Needing Dada
Mammas Don't Like 
Our Kids Used
For Government
Crimes
Haven't Met An
Atty Or Judge
In Alignment
With Mothers
Natural Law
They Won't Have
Babies
For What They
Done
No Souls Cleave
To Them
Naturally
Only Bought Bribed
And Sold
Cheap Substitutions
Causing Discrimination
They Won't Be In
A Society
With Any Of Us
To Mars
Nor On Earth
Please Be Patient
Don't Murder Them
Yet
Keep Recycling
Send Them To Border
Grimesz Must Have 
An Amazing Tribute
To Cast For X
And Elon
Defending Moms From
2 Million
Military Trans
Boytoy Cougars
Close Lexus Toyota
Pedophile Armies
Please Be Patient
But Make Some Noise
Too
Peeps Are Dying
Need To Draw 
Some Lines
Boundaries
Walls For My 
Ladies
Now Beyonce
Little Bitches Are Writen'
Up Mammas At Martha's 
Kitchen 
Spreading Scabies, Mites, Lymes
And Crabs
From Animal Breeders
Like Space X 
Space Manager
J-Ma Stephenson 
On Twenty Six Percent Murderins'
That's 2 Billion
Beloveds AI is Terminating
Know Mammas Are 
Number One
Abort Invitro Crimes
Our Kids By
Our Side
In Alignment
If Our Protector
Is Too Big
Of A Pansy
To Provide
Then When You Kill
Off Twenty-Six Percent 
In The New Order
With Bill Gates
Let
Civilians Live
Clones Aborted
No More Apple Detention
Robotics
Windows Stole Enough 
And Government 
Dies
A Beautiful Death
With Remembering
Old Ministries
And Put
Them To Rest
Once And For
All
Peace,
Nitya Nella Davigo Azam Moezzi Huntley Rawal 
Tumblr media
0 notes
bllsbailey · 1 month
Text
Elon Musk Calls It Like He Sees It: 'There Is Either a Red Wave This November or America Is Doomed'
Tumblr media
Twitter/X owner Elon Musk was busy posting to the social media platform that he owns Friday and Saturday, interspersing stories of SpaceX rockets taking off with searing political commentary about the state of our nation under Joe Biden and the Democrats.
His outlook was anything but positive should things continue as they have under the current administration: 
If not stopped, the United States as a coherent country will cease to exist, as it will simply blend with the rest of the world, thus ironically defeating the purpose of immigrating here in the first place.— Elon Musk (@elonmusk) March 16, 2024
One of his main concerns is illegal immigration, where under the Biden administration, as many as 10 million people have slipped into the country. Biden has made no effort to secure the border and casts blame everywhere he can think of – except on his own disastrous policies.
Musk calls the president’s approach “insane” as he reacts to the awful story of 22-year-old nursing student Laken Riley's murder at the hands of a Venezuelan illegal:
— Elon Musk (@elonmusk) March 15, 2024
The billionaire and current holder of the number three spot on the list of the world's wealthiest humans is not known as a conservative firebrand; in fact, he himself has revealed that he's voted plenty of times for Dems in the past:
“To be clear, my historical party affiliation has been Independent, with an actual voting history of entirely Democrat until this year,” he wrote on Twitter the day before the midterm election. “And I’m open to the idea of voting Democrat again in the future.”
In recent years, however, much of his commentary veers sharply from today's progressive orthodoxy, and he's also been an outspoken supporter of free speech. 
As we reported, Musk visited with former President Donald Trump at Mar-a-Lago in early March, sparking speculation that he's going to go all in on Republicans. But at the time, he posted to X that it wouldn't be the case: "Just to be super clear, I am not donating money to either candidate for US President."
He warns that although the predicted red wave never materialized in the 2022 midterm elections, we're in real trouble if voters keep Biden and the Dems in power this time around: 
— Elon Musk (@elonmusk) March 16, 2024
Musk makes it clear he's not anti-immigrant, writing Friday, "I say as an immigrant who is proud to have become a citizen and who supports vastly expanded *legal* immigration."
Musk is a fascinating person who is confounding to some, inspiring to others. His ominous warnings highlight the dangers that Biden's outrageous border policies present to our future and reiterate that if we get four more years of this administration, the country may not be recognizable anymore. 
"Imagine four more years of this getting worse." I can barely stomach the thought.
See also:
Report: Don Lemon Tried to Squeeze Elon Musk on Production Deal, Demanded $5M, Tesla Cybertruck, X Equity
Elon Musk Absolutely Nails the Reason Why Democrats Prefer Open Borders
0 notes
enterprisewired · 3 months
Text
Tesla’s Fourth Quarter Results Fall Short of Expectations
Tumblr media
Tesla, the electric car giant, reported financial results for the fourth quarter that fell short of analysts’ estimates. The stock experienced a nearly 6% decline in extended trading following the announcement. While total revenue increased by 3% from the previous year to $24.3 billion, automotive revenue only saw a 1% uptick.
Operating Margin Decline and Net Income Surge
The operating margin for the quarter came in at 8.2%, a decrease from the previous year’s 16% figure but slightly higher than the prior quarter’s 7.6%. Despite the meager growth in auto revenue, net income more than doubled to $7.9 billion, or $2.27 per share, mainly due to a substantial $5.9 billion one-time noncash tax benefit.
Factors Contributing to Slow Auto Revenue Growth
The sluggish growth in automotive revenue is attributed in part to a reduced average selling price resulting from significant price cuts globally in the second half of the year.
Cautionary Notes from Tesla
In an investor presentation, Tesla cautioned that vehicle volume growth in 2024 might be notably lower than the previous year’s growth rate. The company explained that it is currently in a transitional phase, working towards launching its “next-generation vehicle” in Texas, and referred to being “between two major growth waves.”
Elon Musk’s Ownership Desire Raises Questions
During the earnings call, CEO Elon Musk faced questions about his desire to own 25% of Tesla. This desire, mentioned in a recent tweet, raised concerns among investors. Musk responded by expressing his reluctance to be subject to decisions by a “random shareholder advisory board” and suggested the possibility of creating a dual-class share structure.
Tesla’s Humanoid Robot Optimus
Musk provided insights into Tesla’s humanoid robot named Optimus, describing it as potentially surpassing the value of all other Tesla products combined. He emphasized the sophistication of Optimus, positioning it as the most advanced humanoid robot globally. Musk, however, did not provide specific guidance on its production timeline, capabilities, or cost.
Tesla’s Financial Overview
For the full year, Tesla reported automotive revenue of $82.42 billion, marking a 15% increase from 2022. The energy division showed strength with a 54% revenue increase to $6.04 billion. Operating income for the quarter decreased to $2.1 billion, with Tesla attributing the decline to the reduced average sales price of vehicles and increased operating expenses, partly driven by AI and other research and development projects.
Tesla’s Share Performance
Tesla shares have faced a challenging start in 2024, declining approximately 16% year-to-date as of Wednesday’s close. This comes after a remarkable doubling of share value in 2023.
Tesla’s Supercharger Network and Full Self-Driving Beta
As of the end of 2023, Tesla had 54,892 Supercharger connectors globally at 5,952 stations. Additionally, Tesla confirmed the rollout of a new version of its premium driver assistance software, marketed as the Full Self-Driving Beta or FSD Beta option.
While Tesla’s financial results missed expectations, the company remains optimistic about its future, particularly with advancements in technology and the anticipated success of products like the Cybertruck and Optimus. Investors will closely watch how Tesla navigates the challenges and opportunities ahead.
Curious to learn more? Explore our articles on Enterprise Wired
0 notes
joshuascott186 · 4 months
Text
Tesla Begins Mass Production of its Highly Anticipated Semi Electric Trucks
<h3>Tesla Begins Production of Semi Electric Trucks, Plans Pepsi Delivery for December 1st</h3> <p>According to a recent tweet by Tesla CEO Elon Musk, Tesla has started producing its highly anticipated Semi electric truck. The company plans to begin deliveries to PepsiCo starting on December 1st.</p> <p>PepsiCo ordered 100 electric vehicles for transport in December 2017, just one month after Tesla unveiled its initial Semi truck design. Tesla had promised the Semi truck could accelerate from 0 to 60 mph in 20 seconds even with a full payload. It also said the Semi could maintain highway speeds on steep grades. Tesla stated the truck was capable of charging to 70% of its battery capacity within 30 minutes.</p> <p>Musk commented that the Semi truck is very enjoyable to drive. There had been relatively little news about the vehicle in previous years. But in May 2022, Tesla began accepting $20,000 deposits for pre-orders of the Semi. That August, Musk announced a 500-mile range version would begin deliveries later that year.</p> <p>While this fulfills Musk's recent statement on Semi deliveries, Tesla is known for frequently delaying new product launches. The all-electric Cybertruck pickup has faced multiple postponements, with Musk saying late 2023 is now the target date. The second-generation Tesla Roadster, unveiled alongside the Semi, was initially slated for 2020 but has been pushed back repeatedly. It remains unclear when either vehicle will be widely available.</p> <p>Tesla's work to develop fully autonomous driving capabilities has also faced numerous delays. Musk has promised for years that the technology is nearly ready, but it still requires testing and refinement before being commercially available.</p>
0 notes
notiziariofinanziario · 4 months
Text
Elon Musk ha presentato la seconda generazione dei suoi robot umanoidi dotati di intelligenza artificiale
Tumblr media
Tutte le capacità del nuovo robot umanoide sono state mostrate da Elon Musk, per certi aspetti stupefacente ma dall’atmosfera leggermente inquietante. Una versione commerciale dell’umanoide potrebbe essere pronta entro tre/cinque anni. I miglioramenti apportati al robot di Tesla Optimus Gen-2 presenta numerosi miglioramenti rispetto al prototipo presentato in occasione dell’AI Day di Tesla nel 2022. Nell’ultimo video condiviso dal miliardario americano, si vede il robot aggirarsi in una fabbrica Tesla, fra i “Cybertruck” dell’azienda parcheggiati tutt’intorno. Nel filmato si evidenzia come Optimus Gen-2 sia il 30% più veloce del prototipo precedente, e pesi 10 kg in meno. Si fa inoltre notare la sorprendente mobilità delle dita e la migliore geometria del piede. Un robot che cucina le uova Più avanti nel video, Optimus Gen-2 viene mostrato mentre esegue squat in palestra, attività che secondo Tesla viene effettuata grazie al “miglior equilibrio e al controllo completo del corpo” dell’umanoide. Dulcis in fundo, si vede il robot estrarre un uovo da una confezione per posarlo su un cuociuova, cosa che secondo il produttore di auto elettriche è resa possibile dalle nuove mani dell’umanoide, che hanno “senso tattile su tutte le dita”. Musk: “Trasformerà l’economia e la civiltà” La nuova capacità del robot di “manipolare oggetti delicati” è il passo verso un futuro in cui “il lavoro fisico sarà una scelta”? Questo scenario era stato ventilato proprio da Elon Musk quando il progetto fu annunciato nel 2021. Parlando del robot umanoide all’assemblea degli azionisti di Tesla nel 2022, l’imprenditore aveva detto: “Penso che capovolgerà la nozione stessa di economia, eliminando la carenza di manodopera. Si tratta di una trasformazione fondamentale della civiltà come la conosciamo.” L’origine del nome “Optimus” Il miliardario aveva annunciato l’intenzione di costruire un robot umanoide nel 2021. Ma in precedenza avrebbe dovuto chiamarsi bot Tesla e non Optimus. La parola Optimus è ispirata al potente e benevolo leader degli Autobot nel franchise mediatico Transformers. Read the full article
0 notes
triciamatthew711 · 4 months
Text
Tesla Orders $227M in Cybertruck Components from Korean Supplier Ahead of 2023 Launch
<h3>Tesla Orders Large Shipment of Cybertruck Parts from Korean Supplier</h3> <p>On May 6th, foreign media reported that Tesla has placed significant orders totaling approximately $227 million USD with South Korean automotive trim manufacturer Seoyon E-Hwa. The orders are for various Cybertruck parts to be delivered over the next three years.</p> <p>Tesla first unveiled its electric Cybertruck pickup in November 2019. However, repeated design changes and supply chain issues have led to multiple delays in production. Originally slated to go on sale by the end of 2021, Tesla CEO Elon Musk later confirmed at an August 2022 shareholder meeting that the Cybertruck would be ready in 2023.</p> <p>Initial plans called for mass manufacturing to begin in late 2021, but during an January earnings call Musk stated limited volumes would start this summer. He noted that high-volume production is now set for 2024, later than the prior 2023 target.</p> <p>In early April, Musk tweeted that the Cybertruck production line has been completed and a dedicated facility established as the launch approaches. During its Q1 report, Tesla reaffirmed plans to commence output at Gigafactory Texas later this year while advancing their next-generation platform.</p> <p>Musk additionally said a Cybertruck handover event will take place in Q3 2023, though he did not specify an exact date. He later clarified it would be around late September. Seoyon E-Hwa has since confirmed receiving the sizable parts order from Tesla to provide pillars connecting the body and roof sections.</p> <p>Reports state the three-year agreement is valued at $1.3 billion USD. Seoyon E-Hwa has leased a factory near Tesla's future plant in Monterrey, Mexico to locally manufacture the Cybertruck components as early as June.</p>
0 notes
damonedward518 · 4 months
Text
Tesla Dominates Electric Vehicle Sales by Doubling Registrations in 2022
<p>According to data from the US vehicle registration in June 2022, the number of electric vehicles registered in America doubled last year. Tesla continues to firmly lead the electric vehicle industry in the US.</p> <p>With new entrants like startups and traditional automakers joining the electric vehicle sector, competition is increasing. However, Tesla remains strongly positioned as the industry leader. </p> <p>While General Motors launched the first modern electric vehicle - the EV1 - Tesla sparked huge growth in the sector with the Roadster sports car and Model S sedan. These early vehicles from Tesla helped generate excitement around electric cars.</p> <p>Since then, the market share of electric vehicles has steadily expanded in the US automotive market. Last year, registrations of electric vehicles doubled, accounting for around 5% of all new vehicle registrations. </p> <p>Market analysts predict it will take several more years for electric vehicles to gain more widespread adoption among US consumers switching from gas-powered cars. Data from Standard & Poor's Global Mobility shows electric vehicle usage is clearly rising the most in states like California, Florida, and Texas as well as some northeastern cities.</p> <p>According to registration figures, Tesla's leadership in the electric vehicle industry remains extremely solid. In April 2022, Tesla-produced electric vehicles represented approximately 61% of total electric vehicles registered in the US.</p> <p>Tesla's closest competitor is Ford with an 8% share, followed by Hyundai at 6% and Kia also at 6%. While established automakers like Ford have seen success with electric models like the Mustang Mach-E and F-150 Lightning, limited production means their market shares still lag far behind Tesla's dominant position.</p> <p>In April 2022 alone, Tesla received 14,152 Model Y orders - quadruple the 3,287 orders for the Ford Mustang Mach-E that month, demonstrating Tesla's clear order volume lead.</p> <p>Currently, some risks face Tesla as it relies solely on the Model 3 and Model Y to handle the massive influx of competition. Updates to vehicles like the Model S and X launched in 2021 have yet to fully ramp up production capacity. Projects like the Cybertruck, Semi, and new Roadster have also faced repeated delays.</p> <p>However, Tom Libby, an automotive analyst at Standard & Poor's Global Mobility, believes Tesla owns an exceptional brand power that separates it from rivals. Aside from Tesla, Libby notes competition from other electric vehicle manufacturers has so far failed to gain real traction in the market.</p> <p>Supplies of vehicles like the Hummer EV are limited while the Volkswagen ID.4 has seen mediocre sales. The ID.Buzz has not yet launched in America. Meanwhile, competitors like Rivian have struggled due to chip shortages plaguing the entire auto industry.</p> <p>Considering projections for electric vehicle adoption, consulting firms forecast electric vehicles will make up 28% of new car sales in the US by 2028 and a massive 59% by 2035 as consumer acceptance accelerates.</p>
0 notes
phonemantra-blog · 5 months
Link
Injuries and safety violations are on the rise at the plant As Tesla prepares to begin delivering the first Cybertrucks to customers, reports from the Texas plant paint a rather disturbing picture, including explosions in the foundry and a robot that "attacked" a worker. [caption id="attachment_84132" align="aligncenter" width="780"] Tesla[/caption] The Information reported on a number of incidents that occurred at the Gigafactory in Austin, where one in 21 workers was injured in 2022. The data comes from mandatory injury reports that Tesla submits to the Occupational Safety and Health Administration (OSHA). During one incident in 2021, an engineer approached a robot whose arm was supposed to be disabled, but ended up being grabbed and pinned against the wall. The witness said the engineer was bleeding from his back and arms, and after activating the emergency stop, the victim climbed out of the grip and fell into a chute designed to collect aluminum scrap, leaving a trail of blood. Tesla workers report explosions, bloody injuries and a robot “attack” at a factory in Texas The injury report Tesla submitted to the department mentions an incident involving the robot, but it doesn't quite match witness accounts. The report also does not indicate that the victim was given time to recover. In one other incident, in August 2022, a worker was hit by a trolley, injuring his ankle and leaving him out of work for 127 days. A few days later, another worker suffered a head injury that kept him out of action for 85 days. Then the incident reports continue to escalate. At least one worker suffered a concussion after being thrown back by an explosion in a foundry. The explosion was believed to have been caused by water accidentally entering an aluminum melting press. A witness said the explosion sent a cloud of fire and smoke into the air, damaged the press and "collapsed" the door. It is unclear whether Tesla reported this to OSHA, as the agency did not conduct an investigation into the case. Another worker claimed that the molding machine was not airtight and often “spitted out” molten metal. When the employee presented a solution to the problem, he was reprimanded, claiming that it would slow down production. In June, contractors installing metal grating for overhead walkways at the plant fell to the ground due to a lack of safety equipment. Part of the metal path fell on them, as a result of which they received fractures, and one had a punctured lung. As a result of the inspection, OSHA fined the contractors. This is not the only case of falls. According to TheInformation, air conditioning ducts, steel beams and other construction materials also fell near auto mechanics at the plant.
0 notes
metamoonshots · 6 months
Text
[ad_1] Tesla Inc. buyers initially seemed previous an earnings miss for the EV maker on Wednesday, specializing in some excellent news concerning the Cybertruck, however inventory good points vanished after Chief Govt Elon Musk threw chilly water on optimism concerning the electrical pickup truck. Tesla shares TSLA, -4.78% rallied as a lot as 2% following the corporate’s third-quarter outcomes after the bell, however eventually test had been down greater than 3% in after-hours buying and selling. “I simply wish to mood expectations for Cybertruck,” Musk stated throughout a name with analysts and buyers after the outcomes. It's going to take a yr to 18 months earlier than the Cybertruck turns right into a cash-flow contributor, he stated, and there might be “challenges” to reaching quantity manufacturing. “I want there was a manner for it to be completely different, however that’s my greatest guess,” Musk stated. “It’s our greatest product ever, however it will require immense work to achieve quantity manufacturing.” Demand for the electrical pickup is “off the charts,” Musk stated, including that greater than 1 million individuals have submitted reservations for automobile. Don’t miss: Elon Musk says Cybertruck sales will start Nov. 30 “It isn't a requirement problem, however we have now to make it and we have now to make it at a value individuals can afford,” Musk stated. When pressed for manufacturing expectations, Musk stated he’d anticipate Tesla to have the ability to produce 1 / 4 of one million Cybertrucks a yr by 2025. Musk’s feedback on the decision additionally included far-reaching criticism of excessive rates of interest and considerations concerning the international economic system and the general well being of the automotive trade. “I don’t wish to be at prime velocity into uncertainty,” he stated. Earlier Wednesday afternoon, Tesla TSLA, -4.78% stated it earned $1.85 billion, or 53 cents a share, within the third quarter, in contrast with $3.3 billion, or 95 cents a share, within the year-ago interval. Adjusted for one-time gadgets, the corporate earned 66 cents a share. Income rose 9% to $23.35 billion, the corporate stated. Analysts surveyed by FactSet anticipated Tesla to report adjusted third-quarter earnings of 73 cents a share on gross sales of $24.2 billion. Gross margins had been 17.9%, a drop from 18.2% within the second quarter, and 25.1% within the third quarter of 2022. Analyst expectations hovered round gross margins round 17.7%. Tesla’s outcomes “contained quite a lot of distinctive/’one-time’ positives,” together with credit, that added 7 cents to eight cents to the underside line, Barclays analyst Dan Levy stated in a observe Wednesday. Firm feedback in its letter to shareholders about its factories pointed to softer demand, he stated. Within the letter, Tesla stated it started a “pilot manufacturing” of the Cybertruck at its plant in Texas, and that the primary deliveries of the electrical pickup stay on monitor for later this yr. Musk tweeted about a sales event on Nov. 30. The corporate additionally stated it expects to develop Mannequin Y manufacturing on the Austin, Texas, manufacturing facility “very steadily.” It known as for the same ramp-up of Mannequin Y manufacturing at its Berlin plant. Tesla’s Shanghai manufacturing facility, whose current downtime performed an element in Tesla lacking third-quarter deliveries expectations, “has been efficiently operating close to full capability for a number of quarters, and we don't anticipate a significant improve in weekly manufacturing run price,” Tesla stated. “Giga Shanghai stays our essential export hub.” Buyers have targeted on Tesla’s gross margins amid a number of rounds of value cuts, the latest of which were announced earlier this month. The outlook for the fourth quarter was additionally extremely anticipated. That was saved intact on Wednesday, with Tesla
saying that it expects to “stay forward” of its long-term 50% compound annual progress price this yr, producing about 1.8 million autos in 2023. The EV maker earlier this month reported quarterly sales numbers that were below expectations. Some Wall Road analysts have estimated that deliveries of tens of hundreds of Teslas might be shifted to the top of the yr because of the longer-than-expected downtimes in Shanghai and Texas factories. Tesla shares have greater than doubled this yr, in contrast with an advance of round 13% for the S&P 500 index SPX. [ad_2]
0 notes
recentlyheardcom · 7 months
Text
Tesla is one of the most recognizable brands in the world. Not only is Tesla a leader in the electric vehicle (EV) space, but its CEO — Elon Musk — is a polarizing figure who continually finds himself in the public eye.The company started on July 1, 2003, and launched its first vehicle, the Roadster, in 2008. That was followed by the Model S in 2012, the Model X in 2015 and the Model 3 in 2017.Today, Tesla Inc. is the most valuable automaker in the world, thanks in large part to its 59% U.S. EV market share.Don’t Miss:Tesla Has More Room to GrowDespite its success over the first 20 years of its existence, Tesla is still only scratching the surface of what the company is capable of. The future is bright.For example, the company is expected to hold a delivery event for its new Cybertruck by the end of the year. This is an opportunity for the company to make a dent in the massive U.S. full-size truck market.Tesla also has the potential to grow in other markets throughout the world. There's no better example of this than what's happening in China. Tesla's market share nearly doubled from 7.5% in July to 13.2% in August.Trending: Unlock the potential of art as an investment asset like tech billionaires do. Learn how Paul Allen’s personal art collection sold for $1.6 billion and discover why more tech moguls are turning to art for wealth growth.Investing $1,000 In Tesla StockThe Tesla Model S was the company's first mass-market offering. At the time of its release on June 22, 2012, shares traded for $2.17 when the market opened.Based on this price, you could have purchased 460.82 shares of Tesla on that date.Story continuesTesla shares had splits in 2020 (5-for-1) and 2022 (3-for-1), impacting the overall share count.The 2020 stock split would have turned your 460.82 shares into 2,304.1 shares. Then, in 2022, your share count would have grown to 6,912.3.With all of this in mind — considering a $251.34 share price at the time of publication — an initial $1,000 investment on June 22, 2012, would be worth more than $1.73 million today.Tesla has revolutionized the electric vehicle market in 20 years. For investors who got in early, there was plenty of money to be made on Tesla stock.While Tesla is no longer a startup, there are plenty of up-and-coming companies in the green and solar spaces that have the potential for massive growth.YouSolar and its PowerBloc product is one such example. As one of the world's most advanced solar nano-grids, it helps power homes with little or no reliance on traditional utilities. To date, the company has raised $6.5 million in funding, and retail investors are now getting in on the action.Finding the next Tesla to invest in is not easy, but there are startups making major noise in the EV and solar industries.Read Next: Don't miss real-time alerts on your stocks - join Benzinga Pro for free! Try the tool that will help you invest smarter, faster, and better.This article If You Invested $1K In Tesla When It Released The Model S, Here's How Much You'd Have Today originally appeared on Benzinga.com.© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
0 notes
kylie1976 · 8 months
Text
Everything There is To Know About Tesla Price Cuts
In the end of 2022, Tesla started cutting prices and basically never stopped. Except for $250 price hike in May of 2023.
Price of a car is very important, considering that buying it just a day late might mean savings of thousands of dollars. So in this article I want to explore Tesla’s price policy, and even if it’s impossible to predict what they will do next, we can at least discuss the trend itself and try to guess direction of prices in the future.
Price cuts to Model 3 and Model Y
While it is normal for previous years’ models to go on sale, Tesla did something they’ve never done before. They cut prices on Model 3 and Model Y by as much as $5000. This is the difference between initial higher price and current price of the Model 3. Sometimes prices go up, sometimes they go down, but the trend seems that Tesla is slashing prices on its two most popular cars.
One possible explanation is that the manufacturer is looking to offload existing stock before 2024 Model 3 and Model Y hit the market. We still don't know about Tesla Model Y 2024 release date, but it should be sometime in late 2024.
Still, steep price cuts suggest that Tesla is trying to move as many cars as possible, possibly to leverage economies of scale (as well as some tweaks to the design) to minimize manufacturing costs and still make profit.
At one point, Standard 2023 RWD Model 3 was down to $39,990. This is very affordable, considering the range, speed, and overall quality of the car. Additional $7500 tax credit meant that customers could get new Model 3 for nearly the same price as new Camry.
Price cutting seems to be an universal policy across different regions. In China, Tesla cut prices on Model Y and Model 3 by as much as $2000 (or equivalent in Yuan).
After several price cuts, Tesla increased prices by insignificant amounts to give the illusion of volatility of prices. However, I remain convinced that the EV automaker intends to cut prices as much as they can to move more units.
September 2023 price cuts to Model S and Model X
Few days ago, Tesla took a drastic step and cut prices on their Model S and Model X cars by tens of thousands of dollars. You read that right, they cut prices by 10s of thousands of dollars.
Needless to say, this angered a lot of Tesla fans who had recently bought a Model S or Model X. Once again, price cuts were universal to both Chinese and North American markets. Price on Model S was cut by as much as %14 and Model X price was cut by 21%. Price on the Model X is actually down 41% since September of 2022.
What’s even more impressive is that current price of Model X makes the car available for $7500 federal tax credit. All things considered, customers could get the Model X for thirty to forty thousand dollars cheaper than they could last year. This type of discount is not normal, and suggests that Tesla may be up to something.
My guess is that Tesla plans to retire S and X, perhaps to make room for the Cybertruck. It should be noted that the 2024 Model 3 looks a lot like Tesla Model S, both inside and out. These changes suggest that Tesla plans to absorb Model S into the Model 3, and focus on making new cars.
Are price cuts a sign of trouble?
Price cuts have sparked a debate in the community of Tesla shareholders and enthusiasts about whether price cuts are a sign of trouble. One justification was that Tesla only cut prices because it couldn’t sell Models X and S otherwise. That may be true, but they could sell it at steadier pace, or cut prices by few percent. Huge discounts are more likely to be caused by changes in strategy. I still think Tesla is planning to move on from these two cars and wants to get rid of its inventory so it can focus on new beginnings.
Price cuts are also a sign that the automaker is looking to streamline its production. Whether Tesla keeps going with these two models remains to be seen, but they’ve repeatedly confirmed their commitment to streamlining and efficient design.
Possible results of price cuts
Whether they intend or not, reducing prices to increase demand is a good strategy for everyone involved. Tesla gets to sell more cars, make more money and further improve the cars’ efficiency and design. Customers get better electric vehicles for a reduced prices, and every EV purchase means one less ICE car on the road.
In the end, cutting prices is probably beneficial for the environment. However, we still need to keep tesla accountable Tesla for its work environment, sourcing of materials, and overall efficiency of their production.
Tesla claimed Model Y was the best selling car of 2022. That may be an exaggeration, but it shows that company is geared towards moving more electric vehicles to consumers.
Conclusion
More than anything, Tesla price cuts are an indicator of the direction the company is heading. Tesla faces steep competition in markets like China and needs to drive costs to a minimum to be profitable. Tesla brand is still incredibly valuable, despite Elon’s PR nightmare in recent months. People love Tesla brand and want to buy these cars, especially for an affordable price. However, Tesla must get their act together in regards to full self driving and meeting deadlines for building certain cars.
If you like news about EVs, read my review of Black vs white interior in Tesla cars.
0 notes
jhapalitimes · 10 months
Text
Tesla Cybertruck Production Delayed as Competitors Emerge in EV Pickup Truck Market; General Motors Rolls Out Chevy Blazer EV
Tumblr media
Tesla Cybertruck faces production delays amid increasing competition in the EV pickup truck market, while General Motors launches the Chevy Blazer EV When Tesla (TSLA) unveiled its groundbreaking Cybertruck electric pickup prototype in November 2019, it captured the imagination of fans, drawing parallels to iconic vehicles from "Mad Max" and "Blade Runner." Inspired by the James Bond film "The Spy Who Loved Me" and the amphibious Lotus Esprit S1, CEO Elon Musk aimed to revolutionize the automotive industry with this futuristic electric truck. Initial Enthusiasm and Production Challenges: The Cybertruck prototype generated immense excitement, with Tesla receiving a staggering 187,000 pre-orders within five days of its introduction. However, unforeseen hurdles, including the global COVID-19 pandemic, disrupted Tesla's production plans, leading to delays. Initially planned for production in 2021, Cybertruck's timeline had to be revised due to unforeseen circumstances. In July 2022, Musk expressed his optimism about starting Cybertruck production in mid-2023. In January 2023, he provided further updates, mentioning that production would occur "later this year." However, in April, Musk adjusted the timeline again, stating that the electric pickup would be delivered by the end of the third quarter, specifically in late September. During the extended wait for the Cybertruck, Tesla has witnessed the emergence of several competitors in the electric pickup truck market. Prominent rivals include Ford's F-150 Lightning, General Motors' Chevy Silverado, and Rivian's R1T. Other major automakers, such as Stellantis, have also announced plans to introduce their own all-electric pickup trucks in the months following the anticipated release of the Cybertruck.
Expanding Rivalry in the EV SUV Segment
Beyond the electric pickup truck market, Tesla and Ford find themselves engaged in fierce competition within the electric SUV segment. Tesla's Model Y offers various configurations, including the basic all-wheel drive starting at $47,740, the Long Range at $50,490, and the Performance at $54,490. Ford's 2023 Mustang Mach-E Select starts at $42,995, while the Premium version is priced at $46,995. Customers seeking higher-end options can choose the California Route 1 for $56,995 or the GT for $59,995. General Motors aims to make an impact in the SUV/crossover market with its electric version of the iconic Chevy Blazer. Originally introduced in 1969 with an internal combustion engine, the Chevy Blazer EV now targets environmentally conscious consumers. The manufacturing of the 2024 Chevy Blazer EV began on June 26, 2023, at GM's Ramos Arizpe plant in Mexico. The Chevy Blazer EV lineup features four distinct models catering to diverse consumer preferences. The entry-level 1LT starts at $44,995, followed by the 2LT at $47,595. The sporty RS model begins at $51,995, while the high-performance SS variant is priced at $65,995. In addition, General Motors plans to introduce a Police Pursuit Vehicle based on the Chevy Blazer EV platform.
Expectations and Noteworthy Features
GM's Chevy Blazer EV models offer impressive features, including a range of up to 320 miles on a full charge and various front-, rear-, and all-wheel-drive configurations. The vehicles also boast a 17.7-inch diagonal customizable infotainment touchscreen, full LED exterior lighting, and Super Cruise hands-free driving technology. Scott Bell, vice president of Chevrolet, expressed his enthusiasm for the 2024 Blazer EV, stating, "The 2024 Blazer EV sets a new tone for electric SUVs, with options and intuitive technologies that position Chevy as a leader in one of the fastest-growing EV segments." As the highly anticipated Tesla Cybertruck faces production delays, competitors are seizing the opportunity to enter the electric pickup truck market. Tesla's rivals, including Ford, General Motors, and Rivian, have introduced their own electric pickup truck models, intensifying the competition. Meanwhile, in the EV SUV segment, Tesla and Ford continue to vie for market dominance, while General Motors' Chevy Blazer EV makes its debut, offering consumers an eco-friendly SUV option with advanced features and impressive range capabilities. Read the full article
0 notes