Based on what Tesla wrote in its quarterly shareholder letter, I published the other day that Tesla did indeed have cheaper electric vehicle models coming out next year. The core lines from the Tesla shareholder letter on this were as follows: “Our cost of goods sold (COGS) per vehicle came … [continued]
Update: Also see “Correction, and Confusion: What Are Tesla’s Next, Cheaper Models?” for more discussion on this topic. Despite a lot of confusion on this matter in the past year or so, Tesla reaffirmed in its 3rd quarter shareholder letter and on its shareholder conference call today that the company … [continued]
Elon Musk has tweeted that Tesla will have a robotaxi reveal on August 8th, 2024. Meanwhile, Tesla stock value has surged — could it be just one week ago we were amazed at a high water mark of $230 following the Q2 delivery announcement? On Monday following the long July … [continued]
I found something a bit strange and confusing in this quarter’s Tesla shareholder letter and conference call. Much of the news in recent weeks was about Tesla reportedly dropping the lower-cost car it was supposed to be working on. That stemmed from a pretty detailed and convincing report from Reuters. … [continued]
After the article from our editor Zachary regarding the most likely replacement for a “Model 2” (and a followup here), and after having a brief exchange in the comments, I was left thinking. My original response was simple and straightforward … yet the more I think about it, the more … [continued]
A lot has been written about the Tesla’s next-generation compact car that used to be widely called the Model 2, including Zach’s excellent article last week about it. Zach asked who might pick up the challenge in place of Tesla doing it. Today, Tesla announced it would follow through with … [continued]
Like many, I’m still grappling with the idea that Tesla might not produce the “Model 2” or “Model C” — or whatever name you want to give the more affordable electric car Tesla was working on. As a short recap, Reuters reported that the project had been canceled (and had … [continued]
With Tesla sales dropping in the 1st quarter, one of the hottest topics of discussion lately has been Tesla consumer demand going forward. How high is it going to be in 2024, 2025, 2030? No one really has a clue. Those who would like it to be really high expect … [continued]
Affordable electric cars are not just over the next hill or around the bend. In fact, they seem to be getting further away all the time.
Tesla is on the cusp of a significant expansion at its Gigafactory Shanghai, setting the stage for increased electric vehicle production and the launch of a highly anticipated budget-friendly model. This strategic move has the potential to bolster Tesla’s presence in China, amidst intensifying competition from local EV manufacturers. The … [continued]
