Tag: tesla's
The Mystery Vehicle at the Heart of Tesla’s New Master Plan
: Tesla’s stock falls 5% as Elon Musk’s ‘Master Plan 3’ is short on details about both cars and finances
Elon Musk lays out his vision for Tesla’s future at the company’s Investor Day 2023
Tesla’s production capacities are in store for a significant growth spurt, CEO Elon Musk told the crowd assembled at the company’s Austin, Texas Gigafactory for Investor Day 2023 — and AI will apparently be the magic bullet that gets them there. It’s all part of what Musk is calling Master Plan part 3.
This is indeed Musk’s third such Master Plan, the first two coming in 2006 and 2016, respectively. These have served as a roadmap for the company’s growth and development over the past 17 years as Tesla has grown from neophyte startup to the world’s leading EV automaker. “There is a clear path to a sustainable energy Earth by 2050 and it does not require destroying natural habitats,” Musk said during the keynote address.
“You could support a civilization much bigger than Earth [currently does]. Much more than the 8 billion humans could actually be supported sustainably on Earth and I’m just often shocked and surprised by how few people realize this,” he continued. He promised that the company would release a “detailed whitepaper with calculations & assumptions,” via Twitter during the event.
Main Tesla subjects will be scaling to extreme size, which is needed to shift humanity away from fossil fuels, and AI.
But I will also Include sections about SpaceX, Tesla and The Boring Company.
— Elon Musk (@elonmusk) March 21, 2022
The Master Plan aims to establish a sustainable energy economy by developing 240 terraWatt hours (TWH) of energy storage and 30 TWH of renewable power generation, which would require an estimated $10 trillion investment, roughly 10 percent of the global GDP. Musk notes, however, that figure is less than half of what we spend currently on internal combustion economy. In all, he anticipates we’d need less than 0.2 percent of the world’s land area to create the necessary solar and wind generation capacity.
“All cars will go to fully electric and autonomous,” Musk declared, arguing once again that ICE vehicles will soon be viewed in the same disdain as the horse and buggy. He also teased potential plans to electrify aircraft and ships. “As we improve the energy density of batteries, you’ll see all transportation go fully electric, with the exception of rockets,” he said. No further details as to when or how that might be accomplished were shared.
“A sustainable energy economy is within reach and we should accelerate it,” Drew Baglino, Tesla’s SVP of Powertrain and Energy Engineering, added.
Following Musk’s opening statement, Tesla executives Lars Moravy and Franz von Holzhausen took the stage to discuss the company’s “production hell” and the challenges of building the Cybertruck out of stainless steel. However, the lessons learned from that, Moravy argued will help Tesla build its Gen 3 vehicles more efficiently, and do so within a far smaller factory footprint. von Holzhausen announced to a rousing round of applause that the Cybertruck will arrive later this year, a significantly closer date than Musk’s previous public estimate that production wouldn’t begin until next year.
Unfortunately, there will be no new vehicle reveal at this event, von Holzhausen said. That announce will happen “at a later date.”
The company did tease a new video featuring the Tesla Robot walking independently and without the aide of a support frame though there was no live demonstration of the same. Despite difficulties finding suitable off-the-shelf actuators and motors for the humanoid robot platform, “we should bring and actual produce to market at scale that is useful far faster than anyone else,” Musk said.
He further expects the company’s robots to become so successful that we may soon see a day where they outnumber humans. “I think we might exceed a one-to-one ratio of robots to humans,” he added. “It’s not even clear what an economy means at that point.”
This article originally appeared on Engadget at https://www.engadget.com/elon-musk-lays-out-his-vision-for-teslas-future-at-the-companys-investor-day-2023-215737642.html?src=rss
Elon Musk’s ‘lab leak’ tweets could be an issue for Tesla’s plans in China
CNBC reports The Global Times, a state-run paper in China, has warned Elon Musk about pushing the covid “lab leak” theory. Reporter Eunice Yoon said the social media post asked if Musk is “breaking the pot of China,” with a meaning similar to asking if he was biting the hand that feeds him.
Ever since Musk announced his intention to buy Twitter, it’s seemed certain that at some point, the service’s content would put him at odds with the Chinese Communist Party, as Nilay Patel wrote after the deal closed:
Are you excited for the Chinese government to find ways to threaten Tesla’s huge business in that country over content that appears on Twitter? Because it’s going to happen.
How fast we arrived at this most obvious sticking point is no…
Elon Musk says California is home to Tesla’s engineering headquarters
Despite moving its corporate headquarters to Texas, Tesla now considers California its global engineering home base. Elon Musk said a Palo Alto engineering hub will be “effectively a headquarters of Tesla.” The CEO added that the company’s plant in Fremont, which it bought in 2010 from a joint venture of General Motors and Toyota Motor Corp., will increase production to over 600,000 vehicles this year.
Tesla will use a former Hewlett-Packard building in Palo Alto as its new engineering headquarters. “This is a poetic transition from the company that founded Silicon Valley to Tesla,” Musk said.
The move is an about-face from the CEO’s previous comments about the state. Musk didn’t mince words about California’s regulations and taxes when he moved Tesla’s official corporate headquarters to Texas in 2021, complaining about “overregulation, overlitigation, over-taxation.” He tweeted about California pandemic lockdowns the previous year, “Frankly, this is the final straw. Tesla will now move its HQ and future programs to Texas/Nevada immediately. If we even retain Fremont manufacturing activity at all, it will be [dependent] on how Tesla is treated in the future. Tesla is the last carmaker left in CA.”
Following news of the Inflation Reduction Act incentives, Tesla will shift its battery-production focus from Germany to the US. Musk appeared with Gavin Newsom at an event on Wednesday, where the California governor poked fun at the move: “Eat your heart out, Germany.” California, which has more electric vehicles than any other state, provided tax bonuses to Tesla on its way to growing into the EV superpower it is today; Texas has minimal regulation and taxes by comparison.
What to expect from Tesla’s long-awaited FSD version 11
Tesla has started rolling out version 11 of its Full Self-Driving (FSD) beta software to employees and testers after several months of delays. The EV-maker hasn’t officially shared release notes on FSD Beta V11.3, but leaked notes and videos from beta testers have surfaced online, giving us a better idea of what’s to come. FSD […]
What to expect from Tesla’s long-awaited FSD version 11 by Rebecca Bellan originally published on TechCrunch
Tesla’s 2023 Recall of Full Self-Driving Targets a ‘Fundamental’ Flaw
US Super Bowl commercial shows Elon Musk’s Teslas crashing and ‘killing children’
Tesla’s biggest hater airs Super Bowl ad against FSD
Safety advocacy group The Dawn Project is taking its campaign to ban Tesla’s Full Self-Driving (FSD) system to the Super Bowl. The 30-second ad, which is broadcasting to millions of football fans in Washington D.C. and state capitals like Austin, Tallahassee, Albany, Atlanta and Sacramento, outlines several alleged critical safety defects of Tesla FSD, the […]
Tesla’s biggest hater airs Super Bowl ad against FSD by Rebecca Bellan originally published on TechCrunch