🚀 Tesla to Mars 🚀

Pesala

Fatal Tesla Model Y Crash

Investigation finds accelerator was pressed in viral video.

As usual, Tesla crash was caused by human error / intentional action. Do not believe the headlines in the mainstream media, which always try to link crashes to software faults. It is just clickbait.

Pesala

2023 Investor Day

Tesla Channel • Tesla Daily Supercut

The live feed from the Gigafactory in Austin, Texas, has now ended. Skip to find the start of the actual presentation.

Converting the Earth to Sustainable Energy
Next Generation car will be manufactured more efficiently
Cybertruck will be released this year. Video of Beta Prototype.
Powertrain factory will be more efficient
Reduce or eliminate use of Rare Earths
Fewer wires for controllers reduced weight and complexity
Cybertruck and future vehicles will us more efficient 48 volt Lithium low-voltage batteries that will last for the life-time of the vehicle.
Real crash data improves vehicle safety design
Real travel data influences the optimal size of battery packs and adjusts the suspension for rough roads.
Optimus robot is improving with real-world artificial intelligence. It uses custom actuators designed by Tesla engineers.
Supercharging is getting cheaper and faster. Stations are opening up to other electric vehicles. A/C stations using more renewable energy.
New factories for Lithium refining and Cathode manufacture.
Rapid growth of Tesla Megapack. Costs declining, and deployment getting faster. Electronic controllers to stabilise the grid.
Unlimited overnight charging in Texas for $30 a month.
Next generation vehicle will cost 50% less.
Gigafactory to be built in Mexico near Monterrey

Master Plan Part 3

Live Blog @ Teslarati

Pesala

@Pesala said in Tesla to Mars :

£2,208 invested in 7 shares on 16th November 2020 is currently worth £6,118.

£2,208 invested in 7 shares on 16th November 2020 is currently worth only £3,167 (21 shares, post-split).

Although the global recession and War in Ukraine have depressed the TSLA stock price, this is still 143% growth in 2.3 years - much better than keeping the money in a building society savings account at a 5% compounded interest rate.

Full Self-driving Beta v.11.3 is already being used by a number of experienced Beta testers. Due to their positive feedback, owners of FSD will only have to wait a few more days to obtain the latest update.

19th March 2023 FSD Beta v11.3.2 starts rolling out to more beta testers.

Pesala

Gruber Motors

What’s Wrong with Tesla?

£2,208 invested in 7 shares on 16th November 2020 is currently worth £3,483 (21 shares, post-split).
Growth in TSLA over the last three years is 6.44x, or over 186% interest per annum, compounded.
March 26th 2023: FSD Beta v11.3.3 has started going out to beta testers.
April 1st 2023: FSD Beta v.11.3.4 (Dirty Tesla)
April 11th 2023: FSD Beta v.11.3.6 (Chuck Cook)
Updated details on eligibility of vehicles for Federal credits are also expected.
Production at Shanghai has already broken records. Gigafactory Berlin is producing 5,000 cars a week. Gigafactory Austin produced 4,000 cars in one week.
Tesla produced 440,808 vehicles & delivered 422,875 in Q1, 2023.

Tesla Deliveries.png

Pesala

This Year we Kill the Ice

Tesla Aims for Hyper Growth.

“This year we will kill the combustion engine.”

TeslaMag Article in German (use Vivaldi’s translate feature to translate it to English, or your mother-tongue.

It is part of Tesla’s mission statement to transition vehicles to sustainable energy, so not really anything new here. Just a warning of their intent to continue aggressive goals for production and sales in Europe. For investors, this will probably mean that TSLA stock remains below $200 for a while yet. Tesla has plenty of revenue and cash, but it is re-investing heavily in new factories to fulfil its mission. Solar Power, Battery Storage, Super-charging, and Insurance are also significant growth areas.

ARK Invest recently announced their price target of $2,000 in 2027, while the current price is only about $160.

Meanwhile, Full Self-driving Beta v 11.4.1 has gone out to some beta testers, and European regulators may allow it earlier than expected, at the start of 2024.

Pesala

2023 Annual Shareholders Meeting

J.B. Straubel elected to Board of Directors
Shareholders voted against independent monitoring of Cobalt production. In response, Elon said (joked) that they would do it, by setting up a webcam in the cobalt mines, so anyone can let Tesla know if they spot any children. (If you want to complain about the use of cobalt, complain to the manufacturer of your mobile phone).
Move from 12 to 48 volt architecture for low voltage circuits will need about a quarter as much copper.
Broke ground on a new lithium mine in Corpus Christi because nobody else was investing enough in lithium production.
Cybertruck delivery event to be held later this year.
Two new products to be announced later this year (hinted at Model 3 Highland, and Optimus Robot?), Elon’s guess five million units a year combined.
Optimus humanoid robot demo. All components designed by Tesla.
Tesla will try a little advertising.
Tesla Roadster engineering design to be completed this year. No promises, but it might be released next year.

edwardp

And where is the $25,000 EV that's been mentioned?

The only way EV's will become prevalent, is that it must be affordable for the average person and I don't see that happening. If one does become affordable in this price range, I do not believe it will be coming from a U.S. auto manufacturer.

Pesala

@edwardp said:

And where is the $25,000 EV that's been mentioned?

$25,000 in 2016 would be $35,000 in 2023.

The affordable EV is already here. With US incentives from the (badly named) Inflation Reduction Act, a Tesla Model 3 can be bought for $36,740, which is below the average cost of a new car, and affordable for many Americans. After accounting for fuel costs and maintenance, it looks even more affordable.

The $25,000 compact car is still a year away. Tesla already broke ground on the Gigafactory in Mexico, which will build it.

Battery pack prices continue to decline. Higher energy density means fewer cells needed, lighter weight, and more range, plus faster charging. The Model 3 Highland (refreshed Model 3) is already on the way.

Pesala

Positive News

Ford makes agreement with Tesla, who will open 12,000 Super-charging stations for Ford vehicles. Ford will adopt the Tesla North America Charging (NAC) standard for the charging cable and connector.
Model Y was the best-selling car of any kind in the world
Model Y registrations in the UK rose by 1,400% in April (from 118 to 1,813 units)
FSD Beta v.11.3.6 was released to any eligible vehicle in North America
FSD Beta v.11.4.2 was released to some Beta testers
A couple of cars in Australia (right-hand drive) and Europe received FSD Beta — early days, but it is clearly on its way.
The long-delayed 2020 Tesla Roadster will see engineering completed this year, and hopefully will be released in 2024. It is a tiny market, so the project got moved to the back-burner.
Cars with Level 4 hardware began shipping. Faster processing, HD radar, HD cameras, more cameras, and higher power consumption.
Tesla dominated a survey of the most driven miles by EVs
Uber launched a fleet of 25,000 Teslas in India.

edwardp

@Pesala said in Tesla to Mars :

@edwardp said:

And where is the $25,000 EV that's been mentioned?

$25,000 in 2016 would be $35,000 in 2023.

The affordable EV is already here. With US incentives from the (badly named) Inflation Reduction Act, a Tesla Model 3 can be bought for $36,740, which is below the average cost of a new car, and affordable for many Americans. After accounting for fuel costs and maintenance, it looks even more affordable.

The $25,000 compact car is still a year away. Tesla already broke ground on the Gigafactory in Mexico, which will build it.

Battery pack prices continue to decline. Higher energy density means fewer cells needed, lighter weight, and more range, plus faster charging. The Model 3 Highland (refreshed Model 3) is already on the way.

The affordable price point needs to be USD $25,000.

$36,000+ is still too expensive for some people.

Pesala

@edwardp Even $25,000 is too expensive for many people. A new Tesla Model 3 is less than the average price in the US, and this is still a premium vehicle, not a basic model.

edwardp

@Pesala My vision of a basic model:

$25,000 price point.
No autopilot/self-driving features. The concept of an EV is how it is powered, not how it is driven.
Radio (AM/FM (U.S.) with CD and Bluetooth standard, SiriusXM (in U.S. and Canada, not sure if it's international beyond this) as an option). (Example: when my mobile connects to the radio in my vehicle via Bluetooth, I then have an option to make or receive phone calls through the radio's touch-screen and can also stream Internet radio stations.)
Heat and air conditioning.
Must be comfortable for all passengers, with plenty of leg room.
Decent battery life.
Vehicle can be charged at any charging station.

edwardp

Someone just sent me this link. Granted, it's only one person's opinion:

https://www.the-sun.com/motors/8223062/bought-tesla-quality-awful-cars-elon/

Pesala

@edwardp Trash talk is about right, and what one would expect from a tabloid like the Sun. The door-closing issue would be fixed under warranty. The panel gaps are a complete non-issue.

If you want to buy one, watch a professional review.

If you want to invest in TSLA, investigate the company’s performance: deliveries, sales, profit margins, etc., and do not forget that it is not just a car company, but also sells battery storage, solar panels, insurance, etc.

edwardp

GM joins Ford in gaining access to Tesla's Supercharger network.

https://www.cnbc.com/2023/06/08/gm-tesla-partner-on-ev-charging-network.html

Pesala

@edwardp This is good news for EV drivers, and can only help with the transition to clean transport. Perhaps it explains why TSLA is up another 3% after market close on a good day of 4.58% growth. There are many good signs contributing to this rapid growth.

My own investment has grown by 50% in the last six weeks.

edwardp

Most accidents do not make the news, unless it's serious. But when it involves a Tesla...

https://www.boston.com/news/local-news/2023/06/12/bfd-rescues-driver-whose-tesla-got-scrunched-between-tanker-truck-and-highway-barrier/?p1=hp_featurestack

Pesala

@edwardp If you are in a crash, you will be grateful to be in a Tesla.

250ft Plunge off Devil's Slide.

edwardp

@Pesala said in Tesla to Mars :

@edwardp If you are in a crash, you will be grateful to be in a Tesla.

250ft Plunge of Devil's Slide.

That was the incident where the doctor was trying to kill his entire family.

I will grant you that it's incredible all four were extricated alive.

Pesala

@edwardp The case is in court now. Dr Patel appears in court today, and a decision will be made based on the evidence presented, whether to charge him with attempted murder.