Tesla shows off Model S & X’s high-efficiency drive units, adaptive suspension UI


Tesla recently shared some images of the Model S and Model X’s new high-efficiency drive units, which help the vehicles gain more range compared to their previous iterations. Apart from this, the electric car maker revealed the UI for the flagship vehicles’ adaptive suspension feature, which was also included in the Model S and X refresh.

Tesla made headlines last week when the company announced updates for its flagship sedan and SUV. The electric car maker introduced an industry-leading 370 miles of range for the Model S Long Range, which is unprecedented for a vehicle equipped with a 100 kWh battery pack. The Model S and Model X’s new energy-efficient drive units leverage optimized permanent magnet motors, improved cooling, bearings, and a new gear design. Together, these improvements allow the Model S and X’s drive units to achieve greater than 93% efficiency.

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Apart from sharing images of the Model S and X’s new energy-efficient drive units, Tesla also shared a picture featuring the UI of the vehicles’ Adaptive Suspension Damping capability. Tesla described the upgraded suspension as follows: “The system constantly adapts by sensing the road and adjusting for driver behavior, automatically softening for more pronounced road inputs and firming for aggressive driving,” Tesla wrote.

The Model S and X’s adaptive suspension is an improvement over the current smart air suspension feature present in previous versions of the vehicle. Adaptive suspension ultimately improves ride quality, giving an ultra-cushioned feel when driving on the highway or when cruising on Autopilot. Tesla is yet to release the specifics of the Model S and X’s new suspension feature, though based on the electric car maker’s recently-shared image, it appears that Adaptive Suspension Damping will have two modes: Standard and Sport.

Tesla’s announcement for the flagship sedan and SUV’s Adaptive Suspension Damping states that the feature will utilize software to make suspension adjustments based on calculations of road conditions. Such capabilities were mentioned by Elon Musk during Tesla’s Autonomy Day, during a segment discussing how Tesla’s FSD computer determines which driving actions to take. “The network is predicting paths it can’t even see with incredibly high accuracy. If [the FSD computer] had never seen [a] road before, it would still have made [accurate] predictions provided it was a road in the United States,” he said.

Apart from adaptive suspension and more efficient drive units, Tesla was also able to improve the flow of energy out of the battery and back in through regenerative braking, helping the vehicles get more power and torque, which results in better 0-60 mph times. Tesla also introduced On-Route Battery Warmup features for the Model S and Model X, allowing the flagship sedan and SUV to get faster charging times.

Tesla shows off Model S & X’s high-efficiency drive units, adaptive suspension UI


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Tesla is offering 5,000 free Supercharger miles in new Referral Program update


Tesla has updated its Referral Program to include 5,000 miles of free Supercharging on new purchases of a Model S, Model X and Model 3 made with a referral code. The update came as a notification in the ‘Loot Box’ section of the Tesla app to existing owners.  The latest incentive represents a five-fold increase from the original offer of 1,000 miles of free Supercharging and available for a limited time.

You and anyone using your referral code to buy a Tesla will receive 5,000 free Supercharger miles! On May 28, this will revert back to 1,000 miles.

Each referral now also gives you five changes to win a Founders Series Model Y or Roadster supercar! Tesla owners who already have free Supercharging get ten chances to win,” Tesla said.

The Supercharging incentive is available to new purchases, including leases, made before May 28th.

Tesla has boosted Referral Program miles and contest entries temporarily for owners and new buyers.
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Tesla’s popular Referral Program was revamped in March after success of the previous incentive program became cost prohibitive, largely as a result of giving away approximately 160 Founder Series Roadsters, each carrying a price tag of $250k. After ending the program this year on February 2, Tesla rebooted the Referral Program with a new structure that provided exclusive rewards while still maintaining cost efficiency. The new program now offers prize winners a monthly and quarterly chance to win a vehicle instead of giving one away.

“Each referral also gives you a chance to win a Founder’s Series Model Y monthly and a Founder’s series Roadster supercar quarterly, both signed by Elon Musk and Franz von Holzhausen,” Tesla noted in the new Referral Program announcement.

Tesla created the new Referral Program in response to feedback from customers who’d enjoyed the benefits of the original while also acknowledging a win-win for the company and its buyers in terms of referrals.

“We’ve heard from our customers that the Referral Program was one of their favorite reasons to tell their friends about Tesla, so today, we’re introducing an all-new Referral Program to give customers another way to share what they love about their cars,” Tesla stated in their new program announcement.

Tesla is offering 5,000 free Supercharger miles in new Referral Program update


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Tesla Pickup render brings Elon Musk’s cyberpunk ‘Blade Runner’ truck to life


A concept artist has showcased a cool and creative take on Tesla’s pickup truck, which is expected to be revealed sometime later this year. Bold and unapologetically futuristic, the Tesla Truck render is a pretty good representation of Elon Musk’s upcoming “cyberpunk” vehicle.

When Elon Musk discussed Tesla’s upcoming pickup truck to veteran tech journalist Kara Swisher last November, he noted that the vehicle will be so futuristic, it won’t look out of place in the iconic sci-fi Blade Runner franchise. Musk even mentioned that if the vehicle does not sell well because it’s too cyberpunk, then the electric car maker will release a more “conventional” truck.

An artist’s render of the Tesla Pickup Truck. (Credit: Emre Husman)
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Concept artist Emre Husmen’s take on the Tesla Pickup Truck definitely qualifies as one of the more futuristic takes on the upcoming vehicle. The artist’s design features generous ground clearance and an incredibly aggressive stance. Futuristic headlights and taillights also provide accents to the vehicle’s Model X-inspired front fascia. Similar to Rivian’s acclaimed R1T pickup, Husman’s take on the Tesla Truck features a double cab design and a rather short bed.

The design of Tesla’s Pickup Truck is still pretty much under wraps. During the unveiling of the Tesla Semi, Elon Musk mentioned that the vehicle could be derived from the all-electric long-hauler. Musk even showed a couple of artist’s renditions of the Semi-based pickup truck that have proven to be quite polarizing. Tesla provided another teaser of the vehicle during the Model Y event as well, but it only featured a cryptic, angular image that incited numerous interpretations from the electric car community.

An artist’s render of the Tesla Pickup Truck. (Credit: Emre Husman)

Regardless of its final design, the Tesla Truck will likely provide ample competition for the juggernauts of the pickup market like the Ford F-150 and the Dodge RAM. This is partly due to the vehicle’s specs, which include dual motors and a pretty insane towing capacity of 300,000 pounds. The vehicle is also expected to be large enough to seat six people, and include practical features such as a 240-volt connection for heavy-duty tools and an air compressor to run other equipment.

The pickup truck market could very well be the next big frontier for electric vehicles, especially in the United States. Kicking off the segment is the critically acclaimed Rivian R1T, which was unveiled to much enthusiasm late last year and expected to be released in 2020. Auto veteran Ford has also announced that it will be developing an electric version of its best-selling F-150 truck, which, if successful, could end up converting a significant number of traditional pickup truck drivers to electric transportation.

An artist’s render of the Tesla Pickup Truck. (Credit: Emre Husman)

Tesla Pickup render brings Elon Musk’s cyberpunk ‘Blade Runner’ truck to life


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Rivian shows off new details at NY Auto Show before heading home


Rivian has been on a promotional whirlwind since the company came out of the shadows last year at the 2018 LA Auto Show, and with it, the all-electric adventure company’s attendance at the New York International Auto Show this year has now generated quite a few more vehicle detail revelations from interviews posted online by show attendees.

Brian Gase, Rivian’s Chief Engineer of Special Projects, appeared in a number of videos describing features of the R1T truck and R1S SUV that are unique and otherwise not commonly known about the vehicles.

First, the number of storage compartments were one of the smaller details that stood out. In the R1T, the back passenger seats have bins underneath the cushions, and both vehicles have sliding bins underneath the driver and shotgun seats. A full size spare tire is in the R1T bed and can be removed for even more storage if needed, but to save space for storage and its usable third row seating, the R1S has an inflatable spare tire under the trunk floor.

Rivian’s plans for interior color options were also mentioned, and there are three: Forest Edge (the green inside the demo R1T), Lunar Rock (the grey inside the demo R1S), and black. Additional premium options will be offered for interior fabrics which are already a blend of traditional materials and the types of fabrics you’d find in durable outerwear. The cabins also feature quad-zone climate control.

On the performance side, 170 kW of independent power is provided to each wheel which also provides for torque vectoring. The approximately 750-800 total horsepower in each vehicle works out to about 180 hp per wheel from each of the four motors.

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Rivian’s high density battery pack, complete with a thermal control system that adapts according to charging and driving behavior, then powers the whole package. A giant battery might not seem like it would be a great choice for four-wheel adventures, but Rivian has tightly encased its vehicles’ power supply using advanced materials science to be capable of wading up to three feet of water. Since there’s no engine requiring air, only buoyancy prevents a deeper crawl.

Progress in the automotive self-driving arena is moving fast, and Rivian has already integrated that reality into the R1T and R1S designs. The camera and radar hardware on production vehicles will be capable of Level 3 autonomous driving that’s upgradable via over-the-air software updates. Rivian’s initial vehicles will ship with Level 2 capabilities and use data accumulated from its customers’ driving sent to the cloud to develop its Level 3 transition, very similar to Tesla’s strategy. Previously, Rivian has additionally suggested Jurassic Park-style autonomous tours might be available for owners wanting a guided, real-world adventure experience.

Rivian has several test mules on the road using F-150 bodies, but only one production design model of each car has been made to be used at shows and in videos.

Finally, you might know that Rivian was founded in 2009 by CEO RJ Scaringe, an MIT graduate (he holds an MS and PhD in mechanical engineering), but it seems lesser known how his personal life story is imprinted right in the company’s name. Scaringe grew up near the Indian River region of Florida, and that’s where the Rivian name is derived (RIV(er)-(Ind)IAN).

Rivian R1T truck at the NY Auto Show 2019. | Image: Dacia J. Ferris/Teslarati

BACK TO BASICS

All of those tidbits will now join the overall more well known features driving the appeal of Rivian’s R1T truck and R1S SUV. A recap of the basics may put them into a better perspective still.

On battery packs, Rivian’s focus on outdoor adventure means that decent battery capacity and range are key components if their product ideas are to be successful, and their much-touted 180 kWh battery “megapack” boasting a 400+ mile range seems to fit that bill. The mid-range 135 kWh pack claiming a 300 mile range is also decent for well-planned routes, and it just so happens to have a fun number of 2170 battery cells – 7,777 exactly if you count the battery inside the in-door flashlight. The 135 kWh battery pack vehicles are also the versions that will do 0-60 mph in 3 seconds, although all versions are speed limited to 125 mph. A lower end 105 kWh pack with a 230 mile range will be produced last, per the usual new EV strategy of offering premium cars before more affordable variations.

The first R1S and R1T deliveries are set for the end of 2020, and Rivian is currently taking preorder deposits to reserve their upcoming vehicles. Purchase prices will start at $69,000 for the R1T and $72,500 for the R1S before tax incentives.

Aside from being first to unveil a near-production all-electric pickup truck, two other features in Rivian’s electric cars have stood out. First, the quad-motor “skateboard” chassis that forms the base of current and future vehicles centralizes and simplifies Rivian’s innovations into a flexible electric car platform for its future product lines. This feature has also drawn interest from big-name partners like GM and Ford, the latter having just signed a $500 million deal with Rivian to use its tech to develop their first all-electric vehicle.

A somewhat new tidbit about the skateboard platform is the size difference between the R1S version and the R1T version. The R1S chassis is 375 mm shorter than the R1T to boost its off-road capabilities. Both vehicles’ towing capacity is around 11,000 pounds.

The second well-known feature about Rivian’s two outdoor-purposed vehicles is the amount of storage space incorporated into the designs. The frunks are spacious with a 330 mL capacity, and the R1T truck has what they call a ‘gear tunnel’, which is essentially a large cargo space tunneled through the lower middle of the truck’s cab. It looks to have the makings of the next social media photo craze, but that’s obviously speculation.

Both the frunk and tailgates have powered open and close functions for ease of use, the tailgate opening a full 180 degrees, and the bed has a powered built-in tonneau cover strong enough to support loading. Also included in the truck bed are 110V power outlets, onboard air, lights to illuminate the bed, and a gear cable that’s electronically connected to the vehicle. If the cable is cut or disconnected for any reason, the owner receives a notification on their Rivian app.

Other details to mention are the electrochromatic glass roof built into both the R1T and R1S that can change color on demand, specifically in response to outside weather and light conditions, and the daytime running lights that also act as turn signals and charging status indicator lights. A charging status indicator is also in the back of the vehicles.

The last major Rivian feature to mention is the adaptable air suspension. Both vehicles’ ride height can be easily raised or lowered depending on road conditions to adjust comfort and handling characteristics. There’s even a ‘kneel’ mode to ease vehicle entry and exit.

STILL TO COME

Rivian’s R1T truck and R1S SUV already have enough innovative details to drive their consumer appeal as-is, but the company has even more developments going on in the background. Recently published patent applications have revealed a modular system for swapping out vehicle components based on activity need and a digital jerry can to extend the battery range even further for longer trips away from a charging network.

Additionally, trademark applications filed with the US Patent and Trademark Office have teased several other products in the works with names like 1C, 1A, and 2R. An interview with RJ Scaringe published by Bloomberg confirmed that Rivian is indeed working on six other products.

Details surrounding Rivian’s plans for a service network are still slim despite the abundance of other important information about the Michigan-based company. The R1S and R1T vehicles will use CCS charging ports, but whether a charging partnership or a home-grown effort is planned remains to be seen.

A NY International Auto Show attendee recently posted on Reddit details gathered from speaking with Rivian’s team, including Scaringe, and indications were made that the company is interested in using Tesla’s Superchargers, although they’ve had some difficulties with the effort. A potential roadshow tour offering test drives was also mentioned.

A couple of the Rivian video interviews can be watched below:

Rivian shows off new details at NY Auto Show before heading home


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SpaceX CEO Elon Musk teases steel Starship on the Moon and Mars


SpaceX CEO Elon Musk has published the first official renders of the company’s updated stainless steel Starship, offering glimpses of the spacecraft on both the Moon and Mars.

Although the designs of Starship and Super Heavy (formerly BFS and BFR) have shifted significantly over the past three years, the vehicle’s primary destinations have remained stable. Above all else, SpaceX remains focused on designing its next-gen rocket to be the best spacecraft ever built for transporting huge payloads and humans to the Moon, Mars, and ultimately throughout the solar system. The interplanetary future of Starship is currently an unknown quantity but SpaceX is already building the first full-scale orbital prototype and testing multiple finished versions of the Raptor engine that will power it.

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As discussed earlier today, SpaceX has already completed a low-fidelity prototype of Starship known as Starhopper, designed to – per its namesake – perform low-altitude, low-velocity hop tests. Powered by Raptor, Starhopper also acts as a mobile test stand for the next-gen rocket engine meant to power both Starship and its Super Heavy booster. SpaceX’s current planning has delayed a vacuum variant of the engine for several years, instead choosing to standardize the same Raptor engine across both stages of BFR. Starship will feature seven Raptor engines producing ~14,000 kN (~3.2M lbf) of thrust, while Super Heavy’s latest iteration would require a 31 Raptors and produce a staggering 62,000 kN/14M lbf of thrust at liftoff.

That performance – theoretically making Starship/Super Heavy almost two times as powerful as Saturn V – is essential to support massive missions to Mars and the Moon while also enabling complete reusability of the rocket. SpaceX rightly judged that rapid, low-effort reusability is the only way to truly revolutionize the cost of access to orbit, at least for the indefinite future. This need itself piggybacks on CEO Elon Musk’s founding motivation: to make humanity a multi-planetary species and protect it against future mass-extinction events.

Musk has long viewed the Moon as a distraction to that goal, offering very little prospect of being more than a detour, but both NASA and the political apparatus currently controlling the US have decided that a rebranded Moon return is desirable. Repeating several nearly identical Moon return proposals from the last few decades, the political powers that be have yet to actually put any money where their mouths are. SpaceX and Musk have nonetheless jumped on the bandwagon, a pragmatic decision to hedge bets in case funding actually appears. Unsurprisingly, SpaceX is interested in any opportunity to acquire federal funding for its expensive Starship/Super Heavy/Raptor development programs.

In September 2018, SpaceX announced plans to send Japanese billionaire Yusaku Maezawa and 8-10 artists of his choice on the first Starship mission around the Moon. According to Musk, that could happen as early as 2023 but will necessarily be preceded by at least one uncrewed demonstration of Starship’s performance in deep space. Given the nominal reusability of Starship, the same spacecraft might perform both missions.

In the meantime, SpaceX is in the process of building the first orbital Starship prototype, although it’s unclear just how advanced the vehicle will be. Depending on how polished and successful SpaceX’s Starship Alpha (for lack of a better term) is, it’s conceivable that the spacecraft could be retrofitted or upgraded for actual demonstration missions to deep space or the Moon. To enable the long-term reusability of Starships, SpaceX will need to rely on in-orbit refueling by way of dedicated tanker launches. However, a lower-fidelity prototype that might otherwise be scrapped could be a prime candidate for a one-way Moon-impact or lunar-landing mission, reducing risk for future crewed or uncrewed Starship missions to the Moon before SpaceX has the facilities and hardware to support simultaneous Starship and tanker launches.

Check out Teslarati’s newsletters for prompt updates, on-the-ground perspectives, and unique glimpses of SpaceX’s rocket launch and recovery processes

SpaceX CEO Elon Musk teases steel Starship on the Moon and Mars


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Tesla’s Elon Musk and SEC reach agreement on Twitter use: no punishment, but tighter rules


Tesla CEO Elon Musk and the Security and Exchange Commission have reached an agreement about the CEO’s Twitter use. In a document, Elon Musk’s legal team and the SEC issued a motion requesting the court to amend the terms of the CEO’s settlement, particularly the sections pertaining to information that are considered material, and thus, requiring approval.

The motion comes after Elon Musk’s legal team and the SEC asked the court for an extension to settle the contempt charges filed by the agency against the CEO. The agency took issue with Musk’s tweet back in February 19, when he mentioned on Twitter that Tesla will produce around 500,000 cars this year, echoing an estimate he shared during the Q4 2018 earnings call. The SEC asked the court to hold Musk in contempt for violating his settlement with the agency, which required pre-approval of tweets that contain material information.

The two sides faced off on April 4, with the SEC reiterating its accusations before presiding Judge Alison Nathan. After hearing the arguments from the agency and Musk’s legal team, Judge Nathan ordered the two parties to arrange a meeting and send a letter to the court within two weeks. The judge also told the SEC and Musk’s team to come up with an agreement. “My call to action is for everyone to take a deep breath, put your reasonableness pants on and work this out,” she said.

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Based on the motion filed by the parties today, it appears that Elon Musk will not be paying a fine for his February 19 tweet, though the document outlined a series of topics that are deemed material. Following is the section of the joint filing outlining topics that require review and pre-approval.

  • potential or proposed mergers, acquisitions, dispositions, tender offers, or joint ventures;
  • production numbers or sales or delivery numbers (whether actual, forecasted, or projected) that have not been previously published via pre-approved written communications issued by the Company (“Official Company Guidance”) or deviate from previously published Official Company Guidance;
  • new or proposed business lines that are unrelated to then-existing business lines (presently includes vehicles, transportation, and sustainable energy products);
  • projection, forecast, or estimate numbers regarding the Company’s business that have not been previously published in Official Company Guidance or deviate from previously published Official Company Guidance;
  • events regarding the Company’s securities (including Musk’s acquisition or disposition of the Company’s securities), credit facilities, or financing or lending arrangements;
  • nonpublic legal or regulatory findings or decisions;
  • any event requiring the filing of a Form 8-K by the Company with the Securities and Exchange Commission, including:
  • a change in control; or
  • a change in the Company’s directors; any principal executive officer, president, principal financial officer, principal accounting officer, principal operating officer, or any person performing similar functions, or any named executive officer; or
  • such other topics as the Company or the majority of the independent members of its Board of Directors may request, if it or they believe pre-approval of communications regarding such additional topicswould protect the interests of the Company’s shareholders; and Jugement decided… the proposed amendment to the Final Judgment is fair, reasonable, and in the interest of the parties and investors because the proposed revisions will provide additional clarity regarding the written communications for which the Defendant is required to obtain pre-approval pursuant to the Final Judgment

Below is the joint motion outlining the agreement between Elon Musk’s legal team and the Securities and Exchange Commission.

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Tesla’s Elon Musk and SEC reach agreement on Twitter use: no punishment, but tighter rules


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Tesla’s next-gen Roadster will exceed 1,000 km of battery range, says Elon Musk


When Elon Musk unveiled the next-generation Tesla Roadster back in November 2017, he shocked the electric car community by revealing that the all-electric supercar has a range of 620 miles per charge. That’s 1,000 kilometers between charges. The figures are pretty much insane, even by today’s standards.

There are now indications that the next-generation Tesla Roadster will go even farther in between charges. Elon Musk mentioned this on Twitter, stating that the range of the upcoming vehicle will be “above 1,000 km.” Musk was responding to Ride the Lightning podcast host Ryan McCaffrey then, who was inquiring if the efficiencies recently introduced to the Model S and X will make it to the all-electric supercar.

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A lot has happened since Tesla unveiled the next-generation Roadster. In true Silicon Valley fashion, Tesla never really stopped innovating since then, particularly in terms of its battery technology. Tesla Automotive President Jerome Guillen mentioned this in a previous interview, stating that the company’s batteries are never frozen since they are always in a state of improvement. The same is true for the vehicles’ other components, such as their electric motors.

These efficiencies and improvements were showcased recently when Tesla rolled out updates for the Model S and Model X, its two flagship vehicles. The premium sedan and SUV received several enhancements, such as better charging speeds and adaptive suspension. More importantly, the new Model S and Model X were given more range despite retaining the size of their battery packs. As revealed by Tesla, the 100 kWh variants of the Model S now have 370 miles of range per charge, while the 100 kWh versions of the far heavier Model X now has 325 miles of range.

These are incredibly impressive figures for Tesla’s vehicles. Rivian’s acclaimed R1T and R1S pickup and SUV are capable of going 400 miles per charge, but the vehicles require a 180 kWh battery pack. Motor Trend‘s test of the updated Model S showed that the 100 kWh sedan could probably reach the 400-mile mark in normal driving conditions. So how do these relate to the Roadster and its range? Well, the all-electric “hardcore smackdown to gasoline cars” is equipped with a 200 kWh pack.

Coupled with Tesla’s latest efficiencies, one can only imagine how much farther the Roadster could go with its monster battery. This range will likely be a big difference-maker for the next-gen Roadster, considering that conventional supercars are not exactly known for their fuel-efficiency. The Lamborghini Aventador gets up to 11 mpg in the city and 18 mpg on the highway, which gives it a range of around 428.4 miles of range on the highway and 261.8 miles in the city on a full tank. Higher-end cars like the Bugatti Veyron Grand Sport consume even more gas, only lasting 51 miles on a tank at top speed.

Tesla’s electric motors are expected to last a million miles, and Elon Musk himself has mentioned that the company is developing batteries that also last a million miles. With these, it appears that the next-gen Roadster might not only be an electric car that can outrun gasoline-powered supercars; it might be a vehicle that will far outlast the best supercars on the market as well.

Tesla’s next-gen Roadster will exceed 1,000 km of battery range, says Elon Musk


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Tesla Autopilot made a 90-degree left turn at an intersection


A Tesla Model S on Autopilot recently navigated a rather tricky left-hand, 90-degree turn at a busy intersection without getting disengaged. Going into the turn, the Model S, which was equipped with AP 2.0 hardware and firmware version 2019.8.5, moved smoothly, as could be seen in Autopilot’s precise steering of the vehicle.

Granted, conditions were favorable to the Tesla Model S and its Autopilot driver-assist system when it performed the left-hand maneuver. As noted by Eli Burton, the vehicle’s driver, the lane lines were clear in that particular intersection, which could have helped Autopilot navigate the 90-degree turn. There was a car in front of the Model S as well, and the speed of the maneuver was a very manageable 18-25 mph.

Nevertheless, the improvements in Autopilot were notably evident in the recently-captured footage. Remarks from fellow Tesla owners in the YouTube video’s comments section note that even electric cars equipped with newer AP 2.5 hardware like the Model 3 usually require driver intervention when navigating a similar turn on Autopilot.

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These improvements to Autopilot take Tesla one step forward in its efforts to bring a Full Self-Driving solution to the market. One of Tesla’s key strategies for the future is to operate an autonomous ride-hailing network in the form of Robotaxis operated under the Tesla Network. For this service to be successful, Tesla must ensure that its vehicles can handle the trickiest of traffic conditions within city streets like an experienced driver. This, of course, includes tricky left-hand 90-degree turns.

Elon Musk estimates that Tesla’s Full Self-Driving capabilities will be “feature complete” by the end of the year, which means that vehicles will likely be able to operate on their own under the constant watch of a driver. “I think we will be feature complete — full self-driving — this year. I would say I am certain of that. That is not a question mark. However, people sometimes will extrapolate that to mean now it works with 100 percent certainty, requires no observation, perfectly. This is not the case,” Musk said.

Tesla currently lists several features under its Full Self-Driving suite, which was brought back when the company introduced the Standard and Standard Plus Model 3. These features include Navigate on Autopilot with unconfirmed lane changes, Enhanced Summon, and Autopark, which are already available today. By the end of the year, Tesla will roll out the capability to recognize and respond to traffic lights and stop signs, as well as automatic driving on city streets.

Watch a Tesla Model S navigate a left-hand 90-degree turn in the video below.

Tesla Autopilot made a 90-degree left turn at an intersection


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Tesla drops 4% and hits 2-year lows, but TSLA bulls remain undeterred


Tesla stock (NASDAQ:TSLA) dropped 4% on Friday as the electric car maker continued to feel the aftermath of its Q1 financial report. As Tesla hit 2-year lows, Wall Street continued to be polarized about the company, with bears piling on the skepticism and TSLA bulls remaining firm in their support for the electric car maker.

Seemingly smelling blood in the water, Tesla bears continued their attacks on the company. Gabe Hoffman, founder of Accipiter Capital Management and a Tesla short, called Elon Musk a “lying magician” during a segment of Yahoo Finance‘s The Ticker. Garrett Nelson, CFRA senior research analyst, noted that the company’s guidance looks “unrealistic” and a “problem going forward.” Longtime TSLA bull Dan Ives from Wedbush also wrote a scathing note following Tesla’s Q1 earnings call, describing the first quarter as a “top debacle.”

While the current state of Tesla stock does not inspire much confidence, some of the company’s bulls have remained supportive of the electric car maker. Jefferies analyst Philippe Houchois noted that while there is “ongoing stress,” for Tesla, he saw “enough positive surprises from auto gross margin resilience, cash earnings, and gross liquidity to argue the shares have sufficiently re-priced.” Houchois admitted that his current call might be “hard to live with at times,” but he maintained that he sees value in Tesla’s electric vehicle/connectivity technology and implementation.

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Arguably taking an unpopular opinion, the Jefferies analyst stated that he remained confident that “there is a path to sustained profitability” for the electric car maker. Houchois ultimately kept his “Buy” rating on TSLA stock, as well as a very optimistic $400 price target.

ARK Invest CIO Cathie Wood, a long-term TSLA bull, discussed Tesla’s first quarter results in a segment of CNN‘s First Move. According to Wood, the electric car maker’s Q1 numbers might be provocative, but they are not really a surprise. “The numbers looked provocative. I will say that from the get-go. But we knew this was going to be a tough quarter. We knew they were retooling. We knew that they were going to pay back the convertible notes. So there’s going to be a cash drain. I don’t think there were too many surprises,” she said.

In a rather interesting twist, Craig Irwin of Roth Capital Partners, has turned less bearish on Tesla following the Q1 earnings call. Irwin is a Tesla critic, recently claiming that the electric car maker will be in trouble because of competition from legacy auto. In a segment on CNBC‘s Squawk Box, Irwin explained why he currently rates Tesla as a hold. “(The Q1 results were) very much as telegraphed. I mean, we’ve known the units for a while. Nothing gets me more constructive here, but frankly, I’m not more bearish. I just think that the probability of an equity offering or some capital access is much, much higher with the cash position down as much as it was,” he said.

With Friday’s 4% drop, TSLA shares have now fallen 29% in 2019. Tesla’s market cap has also declined from $63 billion in mid-December to $40.8 billion. Wall Street analysts currently expect the electric car maker’s revenue to expand 19% in 2019, far less than the 83% growth it exhibited in 2018 and the 68% growth in 2017, according to Refinitiv.

As of writing, Tesla stock is trading 4.77% at $235.81.

Disclosure: I have no ownership in shares of TSLA and have no plans to initiate any positions within 72 hours.

Tesla drops 4% and hits 2-year lows, but TSLA bulls remain undeterred


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Tesla dashcam catches teens egging Model 3 at Supercharger


A Tesla owner is thanking his Model 3’s built-in dashcam features for capturing footage of a group of teenagers vandalizing his electric car. When he reported the incident to local authorities, the Model 3 owner was surprised to learn that his vehicle might not be the first Tesla to be vandalized in the location.

Darin Lee, the Model 3 owner, was Supercharging his electric sedan at a Supercharger in a Meijer outlet in Ann Arbor, MI, when a group of teenagers in a Cadillac SUV pulled up to his vehicle. Laughing amongst themselves, the vandals proceeded to pelt the Model 3 with several eggs.

Lee was inside the vehicle then, and when the teens realized that there was someone inside the Model 3, they promptly drove off. “I think they were going to cover my car with all five-dozen eggs. They saw me and took off real quick,” Lee said, speaking to local news.

What the teens didn’t know was that the Tesla was actively recording its surroundings while it was Supercharging. Thus, everything, from the moment they pulled up to the vehicle to the point where they realized the owner was inside the electric car, everything was captured in all their embarrassing glory.

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While the incident seemed to be a simple prank, Lee notes that it might end up costing him a significant amount. Speaking to local news, the Model 3 owner noted that his electric car’s paint actually got scratches from the incident, which might cost him as much as $800 to repair.

Lee later reported the incident and turned over his Model 3’s dashcam footage to the police. Surprisingly, the police notified Lee that his Model 3 might not be the first Tesla to be vandalized in the same Supercharger. “It’s terrible, what’s happened. Just for you know, driving a specific car. If that is what it is,” Lee said.   

The Model 3 owner noted that he bought his electric car primarily to help his disabled roommate get around. For now, Lee hopes that the teens behind the incident could be identified, especially since the vandalism, even if it’s just a prank, could be a costly one.

Fortunately, the teens behind the vandalism of the Model 3 have not been very smart about their prank. The teens, for example, seemed to have bought the eggs at the Meijer outlet nearby, where surveillance cameras recorded them. The store hopes to turn their surveillance footage over to the police as well.

Tesla has made a reputation for being one of the few carmakers that improve its vehicles over time through free over-the-air updates. The Model 3’s built-in dashcam feature, as well as the more robust Sentry Mode anti-theft system, are among these improvements. Hopefully, the dashcam footage from Darin Lee’s Model 3 could indeed be used to crack open the case and serve justice… sunny side down.

Tesla’s electric cars are well-loved vehicles, but they remain polarizing for a select group of people, particularly those who are not open to the idea of electric propulsion replacing the internal combustion engine. This has resulted in incidents such as ICE-ing, which involves preventing an electric car from charging, and even attacks on Superchargers.  

Watch a segment on the vandalism of a Tesla Model 3 in the video below.

Tesla dashcam catches teens egging Model 3 at Supercharger


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