Tesla’s $25,000 electric car could be coming sooner than we though

Fred Lambert 

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TESLA’S $25,000 ELECTRIC CAR

Tesla’s recently announced $25,000 electric car could be coming sooner than we thought, according to newly unveiled documents about Gigafactory Shanghai.

When talking about what Tesla’s new battery cell and “structural battery pack” architecture could enable at Battery Day last year, CEO Elon Musk announced that Tesla will be making a $25,000 electric car.

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Tesla’s Autopilot Full Self-Driving Completes Round Trip From San Francisco to Los Angeles PRACTICALLY WITHOUT ANY HUMAN INTERVENTION.

By Jeff Yeung

Footage has surfaced showing a TeslaModel 3 making a round trip between San Francisco and Los Angeles using its Autopilot Full Self-Driving mode.

The video came from YouTube user Whole Mars Catalog, whose entire channel appears to be dedicated to testing Tesla’s Autopilot FSD functionality. According to the channel, the drive was made possible via the latest Beta version of Tesla’s software, and the entire round trip was completed with close to no human intervention at all, except for one scenario where debris had shot up from the road after the car in front passed over it and so the driver had to take control immediately for just one second.

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Elon Musk pushes Tesla to have more in-car gaming in preparation for self-driving future

Fred Lambert 

Is he getting ahead of himself?

Last weekend, Tesla started pushing a new software update that Musk had been hyping as ‘fire’ over the last few weeks.

The update ended up consisting of a few user interface changes and the main new features were 3 new in-car video games and a new ‘Boombox’ feature to play custom sounds through external speakers.

Musk followed up the update with several comments regarding in-car video games and entertainment, which he sees as “critical” when achieving autonomous driving:

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Elon Musk would consider having Tesla acquire a legacy automaker

Kirsten Korosec

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SpaceX Chief Engineer Elon Musk speaks in front of Crew Dragon cleanroom at SpaceX Headquarters in Hawthorne, California on October 10, 2019.

SpaceX Chief Engineer Elon Musk speaks in front of Crew Dragon cleanroom at SpaceX Headquarters in Hawthorne, California on October 10, 2019.Elon Musk would consider leveraging Tesla’s mega $554 billion market cap to buy a legacy automaker, but only if it was on friendly terms, the billionaire entrepreneur said Tuesday in a wide-ranging interview with Axel Springer CEO Mathias Döpfner.

Musk, who received an award Tuesday from the media giant, discussed his various interests and businesses, notably SpaceX and Tesla, both of which he leads.

Döpfner noted that Tesla’s valuation far exceeds the market cap of incumbent automakers like BMW, Daimler and VW, which along with others in the industry once dismissed Musk’s ability to make electric vehicles mainstream. When asked if it would be a serious option to buy one of the legacy automakers, Musk said it was possible, but only under certain conditions.

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Tesla truck with 1,000 kilometre-range: Tesla Semi out to prove Bill Gates wrong

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Bill Gates may have his doubts about battery powering heavy vehicles but Elon Musk is claiming Tesla Semi may eventually boast of a four-figure range.

Elon Musk recently highlighted that the upcoming Tesla Semi truck will work towards establishing an on-road range of around 1,000 kilometres, a claim – if proven true – that could contradict Bill Gates’ opinion of heavy battery-powered vehicles being rather unfeasible. The massive per-charge range on the Tesla Semi may be made possible by making use of in-house batteries being developed by the EV-maker.

Musk has been vocal about the range capabilities of its 36,000-kilo capacity vehicle with the initial figure pegged between 480 and 800 kilometres. This figure was ramped up to around 960 kilometres but now, the Tesla CEO is claiming that a 1,000 kilometre-range is also possible and that that could make the Semi a winner in long-haul journeys. “If you want, for long-range trucking, you can take the range up to, we think, easily 800 km, and we see a path over time to 1,000 km range for an heavy duty truck,” he was quoted as saying by Electrek.

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Tesla opens world’s largest Supercharger station

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It is located between two of Tesla’s biggest markets.

Tesla has been quickly expanding its Supercharger network lately and it just reached another milestone by opening the world’s new largest Supercharger station.

Tesla’s fleet is growing at a fast pace and the automaker is adding more electric vehicles to the road than any other automaker.

At the same time, the company is trying to keep up its infrastructure, like service centers, mobile service fleet, and charging infrastructure in order to support its growing fleet.

Tesla’s charging infrastructure mainly consists of the Supercharger network, arguably one of the company’s greatest assets.

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Tesla battery researcher shows new test results pointing to batteries lasting over 2 million miles

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A Tesla battery researcher showed updated test results pointing to batteries lasting over 15,000 cycles or the equivalent of over 2 million miles (3.5 million km) in an electric car.

Last year, we reported on Jeff Dahn and his lab, who is under contract to do battery research for Tesla, releasing a paper that shows how the latest Li-ion battery technology can produce batteries that would last 1 million miles in electric vehicles.

In a new presentation, Dahn discussed updated test results from this new battery, which he hopes becomes the new standard Li-ion battery against which new battery technologies benchmark themselves.

The scientist, who is widely recognized as a pioneer in Li-ion batteries, referenced our article from last year about their paper and said that it sparked a massive interest in this new battery chemistry and battery longevity.

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Battery Breakthrough enables ‘Holy Grail’ of super fast-charging electric cars

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Tesla vehicles and other electric cars have a range of around 500km but the battery takes around an hour to charge

Recharging a car could be almost as quick as refueling.

Engineers say they are close to achieving the “holy grail” of batteries after a major breakthrough brought forward the possibility of charging electric vehicles in mere minutes.

The advance could provide electric cars with 500km of range from just 10 minutes of charging, researchers from the University of Science and Technology of China (USTC) said.

“The combination of high energy, high [charging] rate, and long cycle life is the holy grail of battery research, which is determined by one of the key components of the battery: the electrode materials,” said USTC professor Hengxing Ji.

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Tesla aims to mine its own lithium in Nevada after dropping plan to buy miner

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But so far no company has been able to mine lithium from clay commercially

Elon Musk told investors last week that Tesla has secured access to 10,000 acres of lithium-rich clay deposits in Nevada and planned to use a new, “very sustainable way” of extracting the metal.

Tesla Inc. secured its own lithium mining rights in Nevada after dropping a plan to buy a company there, according to people familiar with the matter.

The automaker held discussions in recent months with Cypress Development Corp., which is seeking to extract lithium from clay deposits in southwest Nevada, but the parties didn’t reach a deal, the people said, asking not to be named because the information isn’t public. The electric car maker, which has vowed to slash its battery costs by 50 per cent, instead focused on the plan that chief executive Elon Musk outlined last week to dig for lithium on its own in the state.

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First operational boring tunnel under vegas almost done, Elon Musk announces

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The company is as quick as a flash given the excavation was completed last February.

Elon Musk announced via Twitter that the first operational tunnel under Las Vegas was almost done on Tuesday. “Tunnels under cities with self-driving electric cars will feel like warp drive,” wrote the founder of The Boring Company.

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Tesla Model 3 bucks trend of electric vehicles depreciating rapidly

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The average vehicle coming off a three-year lease has lost 52 percent of its value, but a Model 3 only loses about 10 percent, one study finds.

On average, your average new sedan depreciates 39 percent in its first three years. Trucks go down 34 percent. But electric vehicles drop an astonishing 52 percent, according to iSeeCars, which evaluated values of cars coming off lease.

The outlier is the Tesla Model 3—both compared to other EVs and the market as a whole—which iSeeCars estimates is worth only 10 percent less coming off lease after three years than when it was new.

Tesla’s technological advantages—real and perceived—are a big reason the 3 keeps so much of its value. They help keep the Model S and X above average as well.

For people who buy new vehicles, expected depreciation can be an important factor in trying to estimate what their shiny new object will be worth in a few years. The U.S. used-car market in recent years has seen electric vehicles suffer from particularly high depreciation rates, but there’s at least one EV that’s done playing by the rules.

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Quarterly sales of new cars in California down almost 50%

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Rosendo Nevarez makes the rounds at John Hine Mazda in Mission Valley on May 26, cleaning surfaces to maintain hygiene standards during the COVID-19 pandemic.

The numbers are in and the economic consequences wrought by the COVID-19 pandemic landed a body blow to new car sales in California, with dealers reporting a drop of 48.9 percent in the second quarter of this year compared to the same three-month period of 2019. Year-to-date vehicle sales are off 26.9 percent.

The statistics reflect the full effect of safety and social distancing protocols that kicked in by mid-March and dramatically curtailed or even temporarily shuttered some showrooms across the state.

“Obviously, with the fuller impact of the pandemic, it was very clear sales were going to drop at the end of the first quarter, beginning of the second quarter,” said Brian Maas, president of the California New Car Dealers Association. “The good news is they didn’t drop nearly as far as we initially feared. And while a nearly 27 percent drop is not ideal, it’s a lot better than it could have been.”

Dealerships have reported signs the market is regaining some footing as the economy tries to crawl back to some sense of normalcy. Economists with the new car dealers association predict new vehicle registrations in California will finish the year 22 percent lower than in 2019, falling from 2.09 million units to 1.63 million. They project the number to rise to 1.81 million in 2021.

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