Tesla’s EV Charging Dominance Spurs Revenue Potential and Highlights Business Model Innovation

Tesla’s supremacy in the electric vehicle (EV) market continues to expand, encompassing not only vehicle production but also EV-related infrastructure. Recently, both GM and Ford announced plans for their EVs to be compatible with Tesla chargers, solidifying Tesla’s position as a leader in the charging network space.

Tesla’s foray into the charging business was originally unintentional. The ongoing debate about charging infrastructure prompted Tesla to construct its own network, not with the aim of generating profit but rather to assure buyers that they could travel across the country without concerns of running out of power.

Continue reading… “Tesla’s EV Charging Dominance Spurs Revenue Potential and Highlights Business Model Innovation”

From Perception to Decision: Tesla’s FSD v12 Shifts Gears with End-to-End AI Approach

Tesla’s Full Self-Driving (FSD) package is set to receive a significant update with the integration of end-to-end AI in its upcoming FSD Beta v12, according to Elon Musk. While FSD Beta already utilizes neural nets powered by artificial intelligence for environmental perception, the decision-making and driving input aspects rely on traditional programming. Previously, Musk stated that AI wouldn’t be necessary for this part, but he seems to have reversed his stance.

Musk recently highlighted the forthcoming v11.4 update, emphasizing the improvements in FSD Beta. He also mentioned the future v12 update, which would introduce “end-to-end AI” capabilities. However, no specific timeline was provided for this update. Tesla is currently expanding the release of v11.4 beyond its internal fleet, signaling progress in its self-driving ambitions.

Continue reading… “From Perception to Decision: Tesla’s FSD v12 Shifts Gears with End-to-End AI Approach”

Tesla To Offer Unlimited Overnight Charging For $1 Per Day

Tesla has recently announced that they will be offering unlimited overnight charging for their electric vehicles for just $1 per day. The new offering, called the “Tesla Nighttime” plan, will allow Tesla owners to charge their vehicles from 9 p.m. to 7 a.m. every day without any extra cost.

According to Tesla’s official announcement, the new plan is aimed at encouraging more people to switch to electric vehicles and to help them save money on their electricity bills. As Tesla stated, “We want to make it even easier for people to switch to electric vehicles, and charging should not be a barrier.”

This new plan is expected to be particularly attractive for Tesla owners who live in areas with high electricity rates or those who have limited access to charging stations. As Tesla’s Vice President of Energy Products, Drew Baglino, stated, “The Tesla Nighttime plan is designed to provide a low-cost and convenient charging option for our customers, particularly for those who do not have access to charging at home.”

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Tesla now can produce cars with just a few massive parts with MIT’s innovative 3D-printed metal

“Take Materials Science 101. You won’t regret it.”

By Nergis Firtina

Newly 3D printed metal could be used by Tesla to produce all-electric vehicles with just a few massive parts, thanks to two MIT students. 

Announced very recently, the new sort of steel was created by MIT undergraduates and their graduate student mentor in Germany, not for the construction of the cars but for the die-casting molds that stamp them out in just a few distinct pieces.

MIT junior Ian Chen and Kyle Markland managed to produce a 3D-printable steel alloy inspired by a manufacturing approach called Giga-casting, popularized by carmaker Tesla and used to assemble the all-electric Model Y.

Chen and Markland’s project is inspired by Gregory Olson, the Thermo-Calc Professor of Practice at MIT, who teaches Computational Materials Design.

Olson is a world-renowned expert in computational materials science, which employs computer modeling and simulation to understand and design new materials. His methodology was used by Apple to develop the Apple Watch, and it piqued the interest of Tesla CEO Elon Musk.

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Elon Musk says Tesla cars will connect to Starlink’s new cellular-broadcasting satellites

Using the same tech it just announced in partnership with T-Mobile

By RICHARD LAWLER and MITCHELL CLARK

Elon Musk just announced that the upcoming second-generation Starlink internet satellites include cellular antennas for connections with phones from T-Mobile in the US and potentially other operators as well. 

Following the event, he responded to tweets asking whether the connections will work with Tesla’s electric cars, which currently connect to AT&T’s LTE network. According to Musk, the answer is yes.

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The Staggering Economics of the Tesla Semi

The economics of the Tesla semi show that it is about 83% cheaper to drive and haul goods than a standard diesel truck. Not to mention the reduction in cost due to less maintenance. The Tesla semi will truly disrupt the trucking industry.

By Jeremy Johnson 

The Tesla Semi is going to start deliveries this year and there is some staggering economics of how much better it will be than a diesel truck.

Elon Musk has stated that the Tesla semi will start shipping this year and that it will have 500 miles of range. This is after many delays, but Tesla is finally ready to start delivering it to customers. In Elon’s Master Plan, Part 2, he made reference to building an electric semi.

The first customer of the Tesla semi is not known to the public yet. Some think it will be PepsiCo because they place an order for 100 electric semi trucks. Tesla will build out Mega Chargers for the Tesla semi in order to make sure it can charge quickly.

Continue reading… “The Staggering Economics of the Tesla Semi”

Tesla setting up to overtake Toyota as the world’s largest carmaker

Elon Musk says Tesla is working towards a production of 20 million new cars annually – which, if all sold, would be twice the sales figures of the world’s number one carmaker, Toyota.

By Ben Zachariah

Tesla is preparing to boost production, with CEO Elon Musk telling shareholders the electric vehicle company is aiming for 20 million new cars annually.

The Tesla boss said the ‘run rate’ – the average production number from each factory – is set to increase to two million cars each year, up from one to 1.5 million currently, according to Automotive News Europe.

The new target means at least ten of the company’s ‘Gigafactories’ will need to be operated, which when boosted to an average of two million electric vehicles, would equate to a total annual production of 20 million new cars.

Continue reading… “Tesla setting up to overtake Toyota as the world’s largest carmaker”

Elon Musk Says People Will Be ‘blown Away’ By Tesla Optimus Robot Set To Unveil On Sept 30

Elon Musk, during Tesla’s annual shareholder meeting, also claimed that the Optimus robot will eventually become “more valuable than the cars”.

By Harsh Vardhan 

Tesla CEO Elon Musk has claimed that people will be ‘blown away’ when his company’s humanoid robot is unveiled at Tesla AI Day #2 on September 30. Musk made the statements during the annual shareholder meeting held earlier this week and even claimed that the Tesla bots would eventually become “more valuable than the cars”. Named Optimus, the bi-pedal humanoid robot was first introduced by Musk at Tesla’s AI Day in August last year. 

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Tesla big battery begins providing inertia grid services at scale in world first in Australia

The Hornsdale Power Reserve is located approximately 16 km north of Jamestown in South Australia.

By  BELLA PEACOCK

South Australia’s 150 MW / 193.5 Hornsdale Power Reserve, more commonly known as the Tesla Big Battery, will now provide inertia services to Australia’s National Electricity Market after securing approval from the Australian Energy Market Operator. Neoen says it is the first big battery in the world to deliver the service at such a scale.

After two years of extensive trials, Neoen’s Hornsdale Power Reserve now has the capacity to provide an estimated 2,000 megawatt seconds (MWs) of equivalent inertia to South Australia’s grid through Tesla’s Virtual Machine Mode technology.

Known as virtual synchronous machines or grid forming inverters, this technology gives batteries the capacity to help stabilize the grid by providing inertia. Along with frequency control services, inertia is necessary for operating a stable grid and is especially important after major disturbances. Until now, inertia services have only been provided by gas or coal-fired generators and their rapid retirement is causing inertia shortfalls or grid instability – especially in regions like South Australia, where renewable penetration has reached 64% over the last 12 months.

The Hornsdale Power Reserve will now be capable of providing around 15% of the state’s predicted inertia shortfall – a globally significant milestone. The use of the technology at Hornsdale has been approved by the Australian Energy Market Operator (AEMO), which has been working closely with Neoen, Tesla and ElectraNet, South Australia’s network operator, to trial the Virtual Machine Mode at Hornsdale following its expansion in 2020. 

The companies now completed all the necessary studies, testing and analysis to deploy the technology at scale, with that capacity available from today. “We are proving that our assets can replace fossil fuels not only in the production and storage of electricity, but also through providing all the essential services that a power system needs to function,” Neoen’s Chairman and CEO Xavier Barbaro said. “We are keen to build on this progress, continuing to innovate and to accelerate the transition to renewables in Australia and around the world.”

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Tesla Cybertruck on track to launch summer 2023, Elon Musk says

By Jaclyn Trop

Tesla CEO Elon Musk confirmed Wednesday that the automaker aims to launch its long-awaited Cybertruck mid-2023.

“We are still expecting to be in production with the Cybertruck in middle of next year,” Musk said during Tesla’s second-quarter financial report. “We’re very excited about that product. It might actually be our best product ever.”

Although prototypes have been spotted on public roads since 2019, details on the hotly anticipated Cybertruck have been scant and production has been repeatedly delayed.

During the earnings call with analysts, Musk said that the battery-electric truck will benefit from Tesla’s learnings on boosting efficiency throughout the manufacturing process.

“We’ll bring another level of simplicity and manufacturing improvements with Cybertruck and future products that we’re not quite ready to talk about now,” Musk said, “but that I think will be very exciting to unveil in the future.”

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TESLA UNVEILS TRAILER WITH POP-OUT SOLAR PANELS

SOLAR TRAILER

COMPLETE WITH SPACEX STARLINK INTERNET.

While we’re not expecting to see it hitting store shelves any time soon, Tesla has shown off a massive solar trailer during an exposition in Germany, as seen in new images shared online.

The bulky range-extending trailer even includes a SpaceX Starlink internet satellite dish in the back. In short, it’s the ultimate off-grid accessory for your Tesla — if it ever were to go into production, that is.

The car company showed off the trailer at the IdeenExpo in Hannover, Germany this week. It’s a fun demo, but probably less of a finished consumer product than an effort to draw attention at the expo.

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Tesla EVs can now scan the road for potholes and adjust the suspension height

It’ll only work on adaptive suspension vehicles like the Model X and Model Y.

By Steve Dent

Tesla has introduced a software update that allows its vehicles to scan for potholes, broken pavement and other defects, Electrek has reported. It can then use that to generate “rough road map data,” and trigger the adaptive suspension in supported vehicles to adjust the ride height for more comfort. 

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