Tesla’s next ‘big unveil’ after Model Y will be its battery growth story


Tesla’s 2020 is bound to be a historic year, for more reasons than initially expected. Unlike 2017 and 2019, which were marked by impressive product unveiling events for the Semi, next-gen Roadster, Model Y, and Cybertruck, 2020 is poised to be a year where Tesla simply optimizes its operations to such a point that the company becomes sustainably profitable.

Save for 2018, Tesla has adopted the practice of unveiling new vehicles and energy products in a steady stream. This will not be the case this year, since Elon Musk himself has noted following the Cybertruck’s unveiling event that Tesla will not be holding formal vehicle launches for a while. The Model S Plaid is expected to be rolled out later this year, but the vehicle’s launch could be similar to that of the Raven Model S and X — subtle and simple.

Unlike previous years, Tesla will likely not be focusing too much on the rollout of an upcoming vehicle after initial Model Y deliveries are conducted. With the all-electric crossover being manufactured and delivered to customers, Tesla will likely end up focusing its resources on strengthening its core technology, particularly its batteries. This will partly be due to the arrival of three vehicles that are set to be released soon: the Tesla Semi, the next-gen Roadster, and the Cybertruck.

Part of the reason behind the Model Y’s quicker than expected production ramp is due to the vehicle’s similarity to the Model 3. The two midsize EVs share 75% of their parts, which meant that their production process is not too different from each other. Tesla learned a hard lesson with the Model X and the Model S by over-designing the SUV and making it far too different compared to its sedan sibling, which resulted in massive production delays. This lesson appears to have been learned and adopted for the Model Y ramp.

The Cybertruck in off-road conditions. (Photo: humdinger_3d/Instagram)
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But Tesla’s next three vehicles are not quite as simple as the Model Y in terms of their battery tech and production processes. While the Model Y will likely use the same battery packs as its Model 3 sibling, the Semi, Cybertruck, and new Roadster do not. In fact, due to their specs and features, each of these new vehicles will likely be equipped with batteries that hold Tesla’s best and latest innovations, and they be built on platforms that are new and specifically designed for each vehicle.

The Semi, for example, is a Class 8 long-hauler that has a range of 300-500 miles per charge. Its capability to haul 80,000 pounds of weight on the road is no joke, and the vehicle’s near-sports car performance suggests that the Semi requires a very large battery pack. Tesla has not revealed the size of the batteries in the two Semi prototypes that are undergoing real-world testing today, but speculations from the EV community go as high as 1 MWh due to the truck’s weight. With better battery efficiency, optimized software, and higher energy density in its cells, Tesla may be able to achieve the Semi’s long-range targets without necessarily using as many batteries as a small fleet of Model 3s.

The Cybertruck is not as large as the Semi, but it seems to require some notable battery improvements as well due to its price and specs. A top-tier Cybertruck costs below $70,000, and for that price, Tesla is offering over 500 miles of range per charge. Considering that the all-electric pickup truck is not exactly as sleek as the Model S in terms of aerodynamics, achieving such a range will likely require the all-electric pickup to have a pretty hefty battery. Batteries are usually considered as one of the most expensive parts of an EV, so it would be interesting to see just how low Tesla can push its battery prices down to make a behemoth of an EV go over 500 miles at a sub-$70,000 price.

Tesla’s design team with the next-generation Roadster. (Credit: Tesla)

The next-gen Roadster may only be seeing a production rate of about 10,000 per year, according to Elon Musk, but the vehicle still requires improvements in its batteries to become a definitive “hardcore smackdown to gasoline cars.” This is because the Roadster was announced with a 200-kWh battery pack that provides 620 miles of range. Tesla was at a different place when it announced the next-gen Roadster’s specs. Hence, it would not be a stretch to speculate that the production version of the all-electric supercar will either have a slightly smaller but more energy-dense battery that still provides 620 miles of range, or a 200 kWh battery pack that offers far beyond 1,000 km in one charge.

Tesla’s growth story is usually tied to the company’s release of one best-selling electric vehicle after another. But this year, after the Model Y, Tesla’s growth story will become more of a battery-driven narrative. The company’s battery tech will ultimately determine whether or not the Semi, Cybertruck, and new Roadster will be a success. But if Tesla’s batteries are up for the task, the company’s disruption of the auto industry will likely end up accelerating even more.

What’s pretty interesting to note is that all these potential battery-related breakthroughs also apply towards Tesla’s Energy business, which is rarely even considered by Wall Street when analysts evaluate the company. Every battery-related milestone that is rolled out to the company’s vehicles is also introduced to its energy storage devices. With this in mind, it is not too farfetched to speculate that this year may also end up becoming a renaissance of sorts for Tesla Energy. Part of this push could involve the introduction of slightly smaller but more energy-dense residential batteries and a line of cheaper energy storage units that are just as good as the company’s current products.

This sounds like another disruption in the making.

Tesla’s next ‘big unveil’ after Model Y will be its battery growth story

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Tesla 3D labeling is the next big leap for Autopilot


Tesla’s 3D labeling efforts are integral to the development of its Full Self-Driving suite. Using over 2.2 billion miles of real-world driving data from its electric vehicle fleet, the electric car maker has a treasure trove of information about how human drivers behave.

Elon Musk recently confirmed that Tesla is finishing work on Autopilot core foundation code and 3D labeling, and once these are done, users can expect the electric carmaker to roll out more functionalities in a potentially more efficient manner. More advanced features such as Reverse Summon will also be rolled out.

Tesla 3D Labeling: The Next Big Thing

The Tesla CEO has tagged 3D labeling as the next big thing for the company’s efforts to achieve full self-driving. “In terms of labeling, labeling with video in all eight cameras simultaneously. This is a really, I mean in terms of labeling efficiency, arguably like a three order of magnitude improvement in labeling efficiency where Tesla vehicles use all of its eight cameras simultaneously, and that the company has improved significantly in terms of labeling efficiency,” Musk said during the Q4 2019 earnings call.

During Autonomy Day last year, Tesla’s AI head Andrej Karpathy gave the electric vehicle community an idea of how labeling is done. He said annotating data is a very expensive process that initially involved people processing data, but Tesla has also been using information from its fleet to automate the process of labeling using different mechanisms.

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For example, in predicting cut-ins, Tesla taps into its fleet for data on such incidents. This information is then automatically annotated and used to train the neural network, which in turn learns from recognizable patterns. This information is then spun until the neural network is trained enough. Improvements in the neural network can then be rolled out as an update for Autopilot.

The same is true according to Karpathy when it comes to object detection. Tesla sources data from its fleet to learn more about different objects and anomalies on the road. With automated 3D labeling, the neural network can more efficiently process the information and learn even about the rarest things one can encounter on the road.

Karpathy and Musk explained how annotations from its fleet help with path prediction. Using trajectories collected from the real-world, the neural network can improve its driving behavior, say while approaching a corner that it doesn’t actively see. This smarter neural network is perfectly demonstrated by an older Model X with early-gen Autopilot negotiating a muddy rural backroad recently, after a storm in the United Kingdom.

All of these things form part of the equation to achieve Full Self-Driving capabilities. Likely through 3D labeling improvements in the past year or so, Tesla has immensely improved driving visualizations in vehicles equipped with Hardware 3, which now identify traffic lights, garbage cans, and detailed road markings, among others. Thus, Elon Musk’s explanation about rewriting the Autopilot foundational code and 3D labeling could be a way of emphasizing that Tesla owners’ investment in the company’s Full Self-Driving suite would be proven worth it and more soon.

Tesla’s FSD computer and autonomy software will transform how humans travel. The company’s vehicles will be smart enough to drive like humans and eventually make the roads a few times safer for everyone. This may also pave the way for Robotaxis and help achieve Musk’s vision of Teslas earning for their owners while they are busy with work or even while relaxing at home. Tesla Robotaxis would be an attractive form of transportation as they will be more cost-efficient compared to driving personal cars, as predicted by ARK Invest.

Autonomy As Key To Profitability

Autonomy will spell profits for Tesla, as Elon Musk explained during the company’s Q4 2019 earnings call. In order to achieve sustained profitability, Tesla needs to produce high volume units with high margins. Musk appears to consider autonomy as key to Tesla’s high margins as well.

“As we’re close to Full Self-Driving, that is just going to become more and more compelling. So that’s for our financial standpoint, that’s the real mind-blowing situation is high-volume, high-margin because of autonomy,” Musk said.

With FSD capabilities, Tesla adds more value proposition that can help sway even more customers to purchase its electric vehicles from the Model 3, Model Y, Model S, Model X, or the Cybertruck. Depending on regulations in specific regions, Tesla can tap into most of its earnings potential, which bodes well since the company has current plans to expand its presence worldwide with Gigafactories in multiple regions.

Tesla’s path to autonomy is only one of the aspects that make it the leader in the electric vehicle industry. Add to that its advancements on car connectivity and battery technology and one will complete the equation why legacy carmakers with the deepest of pockets can only watch in amazement as a relatively young electric car maker dominates the emerging EV industry.

Tesla 3D labeling is the next big leap for Autopilot

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Tesla Model 3 with Unplugged Performance parts breaks twin track records in CA speedway


A Tesla Model 3 upgraded by Unplugged Performance and XPO Sales broke two separate one-lap track records at the Buttonwillow Speedway in California. The records broken by the modified Model 3 were categorized by the type of tires used, one with race-grade rubber and the other with street-legal Department of Transportation (DOT) approved tires.

The Model 3 with race-optimized tires ran a 1:54.6-second lap around the 3.1-mile long course located in Buttonwillow, California. When the Model 3 was fitted with DOT legal street tires, it ran another record-breaking lap of 1:57.9 seconds. This was a .6-second improvement from the previous record of 1:58.5 seconds on a daily driven street tire Tesla Model 3.

The new records were a combination of great driving from XPO Sales team driver Joshua Allen and a variety of continued upgrades from the team at Unplugged Performance.

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“In late 2019 we partnered with XPO sales to campaign a race car utilizing our production range of bolt-on upgrades. Our goal is to show the world the full potential of the Tesla Model 3 platform and to prove that electric cars are incredible track cars when paired with the right upgrades,” Unplugged President Ben Schaffer said.

The upgrades made to the car were applied to the vehicle’s aerodynamic package by adding a lip spoiler. Suspension improvements through sway bars, control arms, and adjustable Coilover kits were also fitted on the vehicle.

These all contributed to the Model 3’s on-track performance and the improved lap times show the changes were instrumental in shaving off additional time from previous runs. “Team XPO has done an amazing job campaigning the car and pairing it with an excellent driver in Joshua Allen. I’m looking forward to continued upgrades and faster laps as we progress,” Schaffer added.

Teslas have started performing well in closed circuit with the advent of the Model 3 and the Plaid Model S. The Model S was reported to have performed well at the tough Nürburgring track in Germany, and the more affordable Model 3 sedan is now becoming the next focus of Tesla’s performance package.

Tesla unveiled Track Mode V2 for the Model 3 Performance on March 2, along with a $5,500 Track Package for the vehicle that includes upgraded wheels, and brake and tire modifications. The addition of the free Over-the-Air Track Mode V2 update and the Track Package is poised to give drivers who are fond of high-speed driving with an impressive amount of control and other performance options.

Tesla Model 3 with Unplugged Performance parts breaks twin track records in CA speedway

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SpaceX is building Starlink satellites faster than it can launch them


CEO Elon Musk says SpaceX is churning out Starlink satellites faster than it can launch them, the best sign yet that the company is having some amazing success in what is already the most productive satellite factory in history.

Since SpaceX first revealed its radical flat-satellite Starlink design, stacking approach, and deployment mechanism back in May 2019, the company has successfully launched an incredible 300 satellites, ~290 of which are still functioning as intended. At this point, that means that Starlink is likely the largest satellite constellation in history by a factor of two, crushing the second largest’s ~150 satellites. Perhaps even more significant is the mass of SpaceX’s nine-month-old constellation, currently standing at more than 75 metric tons (165,000 lb) of satellites in orbit.

Despite the already awe-inspiring scale of SpaceX’s satellite internet constellation, the company’s Starlink factory is already so successful that the company is now unable to launch the spacecraft as quickly as they’re built. Given that SpaceX has maintained an average of ~1.3 Starlink launches per month since November 2019, many of which suffered significant delays as a result of weather or minor hardware issues, this likely means that SpaceX is building dozens more satellites than it can launch, probably creating its own internal launch manifest backlog as those surplus spacecraft pile up.

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Considering the fact that SpaceX has gone from two prototype spacecraft to the proud owner of the largest satellite constellation in history in less than nine months, the fact that the company’s Starlink factory is already outpacing its launch capacity is arguably a good sign. While it’s likely that weather and hardware-related launch delays on the last few Starlink missions have made it harder than expected to stick to plans for an average of two Starlink launches per month, SpaceX isn’t falling that short of its classically lofty ambitions (a bit less than one Starlink launch every two weeks).

While SpaceX missed what could have been the 50th Falcon 9 booster landing on February 17th, the actual mission – putting the fifth batch of Starlink satellites in orbit – was a flawless success. (SpaceX)

SpaceX may now be the first company in history to chronically suffer from its factories building more satellites than it can launch in a given time frame. In those terms, a surplus of flight-ready satellites is actually a highly desirable “problem” to have. Competitor OneWeb, for example, was forced to delay its first 34-satellite launch by two months after its new Florida factory suffered several production delays.

SpaceX, on the other hand, has to build almost twice as many satellites per launch, has effectively launched 35% of OneWeb’s entire constellation (~650 satellites) in the last three months alone, and still has an apparent backlog of satellites ready to head to orbit. As of March 3rd, SpaceX’s fifth launch of 60 upgraded Starlink v1.0 satellites and sixth launch overall (Starlink V1 L5 or Starlink-6) is scheduled to lift off no earlier than March 14th after slipping from February 14th, March 4th, and March 11th. The mission’s most recent delays were caused by an issue discovered in the Falcon 9 second stage assigned to launch Cargo Dragon’s CRS-20 mission, triggering SpaceX to swap it with Starlink V1 L5’s unaffected second stage.

Thanks to SpaceX’s ambitious 2020 launch cadence, the latest Cargo Dragon mission has only been delayed a few days by the need to replace the rocket’s second stage. (Richard Angle)

After Starlink V1 L5, SpaceX has more batches of 60 Starlink satellites that – given Musk’s comments – might already be stacked and ready for flight, both of which could potentially fly in March or April. In the midst of its Starlink launch ambitions, SpaceX has scheduled Florida’s first polar launch in half a century on March 30th, followed by a historic US Air Force launch and landing no earlier than (NET) April 27th.

If Cargo Dragon successfully lifts off this Friday, SpaceX will reach an average of ~1.9 weeks per launch, a cadence that – if maintained – would set the company up for at least 27 launches in 2020. With room for improvement after several weather-related days: so far, so good.

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

SpaceX is building Starlink satellites faster than it can launch them

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SpaceX eyes major drone ship fleet upgrades and a new rocket recovery robot


SpaceX has kicked off a series of major upgrades planned for its East Coast fleet of drone ships, centered around Just Read The Instructions (JRTI) and most recently culminating in the apparent fabrication of a second tank-like rocket recovery robot.

Back in Q4 2019, West Coast drone ship JRTI officially departed the Port of Los Angeles berth it operated out of for 3+ years — traversing the Panama Canal, making a weeks-long pit-stop in a Louisiana port, and ultimately arriving at Port Canaveral on December 11th. The modified barge spent more than a month relatively untouched – as was the somewhat mysterious cargo it had brought with it from the Gulf Coast – before SpaceX began JRTI’s long-awaited upgrades around a month ago.

For almost half a year, it’s looked like that SpaceX would move its West Coast drone ship to Florida after the company’s Vandenberg Air Force Base (VAFB) pad entered a major lull in launch activities in early 2019. Aside from one launch in June 2019, SpaceX’s West Coast pad has remained unused and that isn’t expected to change anytime soon. With Cape Canaveral potential reopening its dormant polar launch corridor just weeks from now, it’s entirely possible that SpaceX will be able to perform all of its planned launches from Florida alone for at least the next 6-12 months. Targeting more than 30 East Coast launches in 2020 alone, SpaceX could also benefit from at least one additional drone ship to continue high-volume Falcon booster recoveries without ship availability becoming a major launch constraint. Thankfully, JRTI may be the perfect solution.

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Informally known as ‘Octagrabber’, a reference to the robot’s primary function, SpaceX has been using the only operational instance of the vehicle on drone ship Of Course I Still Love You (OCISLY) for more than two years, beginning in 2017. While far from autonomous, Octagrabber helps SpaceX’s maritime rocket recovery team minimize the risks workers are subjected to and gives the company a bit more flexibility to attempt Falcon booster landings in less-than-pristine ocean weather.

While Falcon boosters are relatively stable once landed, thanks to the vast majority of their empty mass being concentrated around their nine Merlin 1D engines, even moderate waves can cause them to slip and slide around the drone ship deck.

Falcon Heavy center core B1055 successfully landed aboard drone ship OCISLY nearly 970 km (600 mi) off the coast of Florida but was lost soon after when it tipped over in high seas. (SpaceX)
Octagrabber robots are meant to prevent boosters from sliding off of drone ship decks by anchoring them with their tank-like weight. (Teslarati)

In fact, the best operational demonstration of the value of Octagrabber-style recovery robots came after SpaceX’s historic Falcon Heavy triple-booster recovery in April 2019 – the first time all three of the rocket’s first stage boosters successfully landed after liftoff. As it turns out, thanks to moderate hardware differences between Falcon Heavy center core boosters and normal Falcon 9 boosters, OCISLY’s Octagrabber robot did not have the attachment mechanisms needed to ‘grab’ the center core (B1055, in this case). In theory, this could be a non-issue but the drone ship unfortunately ran into high seas, making its deck to pitch and tilt and ultimately causing to B1055 to tip over, breaking in half and effectively destroyed the booster.

With Octagrabber robots, drone ships should almost never lose recovered boosters because of high seas (within reason). As such, it should come as no surprise at all that SpaceX is building a new recovery robot for drone ship JRTI – the newest addition to its Florida fleet.

Falcon 9 B1048 returns to Port of LA aboard drone ship JRTI after completing its launch debut in August 2018. (Pauline Acalin)

Aside from the discovery of a second Octagrabber being built at SpaceX’s former East Coast Starship factory, the nature of other upgrades planned for drone ship JRTI are more mysterious. For several months, the rocket landing platform has had almost a dozen massive generators and new thruster pods stored on its deck, seemingly waiting on an unknown impetus for their installation. In recent weeks, visible work to prepare the new hardware for installation has begun.

Notably, the thrusters and power supplies that seem destined for installation on JRTI would make for a dramatic upgrade, potentially giving the drone ship more power than the tug boats that must currently tender and tow them to landing zones. In other words, that’s a complicated way of saying that SpaceX may be trying to make drone ship JRTI almost entirely independent of contracted tugboats, potentially simplifying and lowering the cost of booster recoveries.

One day soon, SpaceX’s upgraded drone ships may be able to recover boosters and return them to shore without any human technicians. (Richard Angle)

While less likely, it’s also possible that SpaceX is finally in a position to fully realize the “autonomous” namesake of its autonomous spaceport drone ships (ASDS), with high-powered thrusters potentially giving JRTI the ability to leave port, cruise to Atlantic Ocean landing zones, deploy an Octagrabber, and return to port with a booster – all without humans in the loop. That capability is likely still on the horizon but powerful thrusters and generators would bring port-to-port drone ship autonomy within SpaceX’s grasp in the near future.

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

SpaceX eyes major drone ship fleet upgrades and a new rocket recovery robot

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Tesla Model Y images discovered in latest mobile app update


Tesla Model Y images have been discovered in the latest version of the company’s Android mobile app.

Images of Model Y’s body, 19″ Gemini wheels with and without wheel covers, and an overhead view of the all-electric crossover’s expansive all-glass roof have been added to the latest version 3.10.4-396 Tesla Mobile app (for Android) ahead of customer deliveries.

Redditor matt687 who shared the latest findings to the Teslamotors subreddit, notes that they were able to discover the Model Y app resources after decompiling the Android package (APK) for the latest mobile app and compared it to a previous version of the app. Nothing stood out between the older and newer release of Tesla’s Android app, with features remaining the same, except the addition of the Model Y images.

Notable in the image showing the trunk of the Model Y is the appearance of a cargo shelf.

 

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The latest finding makes sense from a timing perspective, especially as Tesla gears up to make its first Model Y customer deliveries beginning March 15.

The new app resources of Tesla Model Y suggests that owners will have the same mobile app functionality as made available for its entire fleet, including Model S, Model X, and Model 3. Tesla Model Y owners will have the ability to control in-cabin temperatures directly from the mobile app. Presumably, and unlike its closest sibling, Model 3, owners will also be able to control rear heated seats.

In addition, Tesla’s mobile app allows owners to open both front trunk (frunk) and rear trunk, remote start a vehicle with keyless driving, set maximum speed limits for the car, among other a host of other safety and convenience features like Smart Summon.

Tesla Model Y images discovered in latest mobile app update

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Tesla rolls out “range update” for Model S, Model X to reflect improved efficiency


Tesla has begun to roll out a new “Range Boost” software update to Model S and Model X vehicles to more accurately display the vehicle’s range following recent efficiency updates.

The latest version 2020.4 firmware follows last month’s range increase for Model S and Model X. The Model S is now listed with a range of 390 miles, up from 373 miles, while the Model X has an EPA estimated range of 351 miles from 328 miles.

“Charging to 100% and I’m showing 354 miles. Stopping at 90% is putting me at 316,” noted Tesla owners and Redditor sudogreg.

Twitter user and Model X owner @noctechnolog corroborated the story about the range upgrade and shared a snapshot of his vehicle’s available range.

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The latest over-the-air update does not come as a surprise as Tesla CEO Elon Musk hinted that the range update for Model S and Model X vehicles would see an adjustment to reflect efficiency improvements being made.

“Software just thinks the car is less efficient than it actually is,” Musk further explained. He also mentioned that there have been several hardware improvements introduced to the vehicles in the past months.

While this recent update is more visual, giving the newer Model S and Model X a more accurate range displayed on the user interface, it’s important to take note of how Tesla can easily tweak the efficiency and performance of its vehicles via over-the-air (OTA) software updates. Such updates practically make its vehicles so much better as they age and clearly show its lead over legacy carmakers and their attempts to catch up with Tesla’s software and battery technologies.

On Monday, Tesla also started offering an Infotainment Upgrade for older Model S and Model X owners who are still on the first-generation Media Control Unit (MCU1). The $2,500-upgrade will equip the vehicle with newer MCU2 hardware and enable access to Netflix, YouTube, additional video streaming apps, and more Tesla Arcade games.

Tesla rolls out “range update” for Model S, Model X to reflect improved efficiency

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Top 10 Tesla Track Mode V2 features for the Model 3 Performance


The capabilities of Tesla’s newly-unveiled Track Mode V2 was demonstrated recently by a select group of car enthusiasts, one of them being the host of YouTube’s Vehicle Virgins channel. Following some time with a Model 3 Performance with Track Mode V2, host Parker Nirenstein listed the 10 best features of the upcoming update.

Tesla’s V2 Track Mode was announced on March 2 and it will introduce a variety of new features that foster better performance for Model 3 owners who have a taste for higher speeds and racecar-like handling. Expanding on the original Track Mode, V2 promises even more customization, control, and capabilities for drivers brave enough to tap into the raw power of a Model 3 Performance.

Following are Vehicle Virgins‘ Top 10 Track Mode V2 features.

1. Industry-Leading Visual Display

Credit: YouTube/Vehicle Virgins

Once Track Mode V2 is enabled, the Model 3’s center display changes to give drivers pertinent information for closed circuit driving. Instead of the typical driving visuals and trip stats featured in the Model 3’s screen, the Model 3 Performance’s display shifts to provide drivers with a clear visual of what is exactly happening with certain portions of the car while Track Mode V2 is engaged. Stats such as battery temperatures and tire temperatures are provided.

2. G-Force Meter

Credit: YouTube/Vehicle Virgins

Track Mode V2’s G-Force Meter gives live feedback of current measurements of the car’s current state. The meter also tracks past G-Force measurements from the most recent session. This allows drivers to see how much G-force was applied to each portion of the car during drifting or hot laps.

3. Post-Drive Cooling Feature

Tesla has included a Post-Drive Cooling feature to Track Mode V2, a feature that the Vehicle Virgins host stated is something that is being included today in actual track cars. This feature prevents excessive heat from damaging the battery and the Model 3’s other critical components. This will also decrease the wait time between runs, allowing Model 3 Performance owners to spend more time on the closed circuit and less time waiting for their vehicles to cooling down.

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4. Record Video Features

Track Mode V2 will now allow drivers to record recent runs using the vehicle’s built-in cameras that are used by Sentry Mode and Autopilot. Now, laps and drifting runs could be actively captured, allowing for playback of impressive lap times, or to show off a flawless drifting run around obstacles. Driving data from these videos can even be printed to give drivers the full rundown of their performance on the track.

5. Variable Power Splits

This makes the Dual Motor All-Wheel Drive vehicle capable of changing into a full Rear-Wheel-Drive or Front-Wheel-Drive car simply by toggling through settings on the Model 3 Performance’s center display. Nirenstein noted that the Model 3’s customization of this feature is much more impressive than his Lamborghini Huracan’s “Sport Mode,” which went all the way up to 90-10 in favor of Rear-Wheel Drive. The YouTube host also emphasized that the Model 3’s price is 10 times less than the Lamborghini’s, but he is much more impressed with the electric car’s feature.

6. Custom Track Settings

Custom settings could be named and perhaps even saved on the vehicle for specific tracks. This would allow drivers to get the optimum performance from their Model 3 Performance for each location or racing session that they will be attending.

7. 20 Stages of Traction Control

Track Mode V2 allows for 20 different settings of Traction Control for different driving experiences. Nirenstein stated that the AMG GTR became practically legendary due to its 9 different stages of traction control, but Tesla has actually more than doubled the number of options with 20 full stages. This, of course, provides Model 3 Performance drivers with an immense amount of control for their vehicle.

8. Regen only on the Rear Wheels

Track Mode V1 uses regen a lot to enable the Model 3 Performance to perform well on a closed circuit. Track Mode V2 takes this a step further, allowing owners to completely turn regen off, or only apply the braking system to the rear wheels exclusively in RWD mode. Experienced drivers and those who are proficient at drifting will likely take a liking to this capability.

9. Built-in Lap Timer with customizable start point and finish line

Credit: YouTube/Vehicle Virgins

By using the vehicle’s GPS, drivers can set a custom start and finish point that will then track lap times and speed based on the vehicle’s location. This feature will record multiple laps, allowing drivers to test different lines and speeds to improve performance.

10. Compressor Overclock

Credit: YouTube/Vehicle Virgins

Compressor Overclock runs the Model 3’s cooling compressor at an increased rate to inhibit faster battery and vehicle cooling, decreasing wait time between runs. The feature allows the compressor to run at a rate higher than normal, helping performance, but also increasing wear.

Each of these new features is demonstrated in Vehicle Virgins‘ new video, where host Parker Nirenstein demonstrated Track Mode V2’s capabilities. In addition to displaying the new functions Tesla has released with Track Mode V2, the video featured the new Model 3 Track Package recently released for the all-electric sedan. The package includes Zero-G Performance Wheels, race-focused brakes and brake fluid, and track-optimized tires.

Tesla has yet to set a date for when the free OTA update will roll out for Model 3 Performance owners. The Model 3 Track Package will begin shipping in April and it includes Zero-G Performance wheels, Michelin Pilot Sport Cup 2 tires, high-performance brake pads, track-focused brake fluid, center cups, pressure sensors, and lug nut covers. The package will cost $5,500.

Watch Vehicle Virgins‘  Track Mode V2 video below.

Top 10 Tesla Track Mode V2 features for the Model 3 Performance

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Tesla Model S and X resale value just got a massive boost


After a rather long wait, Tesla has announced that it will now begin offering MCU retrofit options for older vehicles built before the company rolled out its newer, faster infotainment unit. With this, Tesla has ensured that older Model S and X will retain, if not improve, their resale values, which are already quite impressive on their own right.

Tesla’s electric cars already boast good resale values, with a Forbes report noting that today, it is actually more practical to buy new Model S, Model X, and Model 3 instead of purchasing the electric vehicles second hand. This is because even older Teslas like the Model S 75D and the Model X 100D command a high price in the second hand market. Seemingly due to high demand, some Model 3 sold in the second hand market today are actually more expensive than a brand new car. 

It is pertinent to note that Teslas evolve much faster than the average vehicle. As noted by CEO Elon Musk, Teslas are pretty unique in the way that they receive incremental upgrades as soon as the improvements are ready to roll out. Thus, while the actual updates to the Model S and X are subtle, the number of optimizations that the company rolled out to the flagship vehicles over the years is actually very generous. 

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Among the most notable of these upgrades came in the form of a new infotainment system for the Model S and X that features a faster and smoother user experience. The differences between the features of Tesla’s MCU1, which is equipped with an NVIDIA Tegra-3 chip, and the company’s MCU2, which is fitted with a more powerful x86_64 processor, are subtle. However, later features such as the Tesla Arcade and Tesla Theater were compatible only with the newer, faster units. 

Elon Musk has been stating for some time that Tesla will be offering an infotainment system upgrade option for owners of vehicles that are still equipped with MCU1. Updates about the upgrade option were relatively far and between, until recently, when Tesla shared a blog post stating that MCU2 retrofits will be offered for $2,500 to interested buyers. Owners of older Model S and Model X who purchased Tesla’s Full Self-Driving suite are even given early access to the upgrade, together with a complimentary Hardware 3 retrofit. 

Once equipped with Tesla’s MCU2, older vehicles will gain full access to the company’s most recent features. This essentially updates MCU1-equipped Model S and X to such a degree that they are almost on par with the company’s newest vehicles. A Tesla Model X 75D with Full Self-Driving and an MCU1, for example, can be upgraded to a vehicle with Tesla Theater and the latest FSD preview visuals for $2,500. These improvements, of course, raises the value of Tesla’s older vehicles. 

In the second hand market, vehicles that command the best price are those in excellent condition and those that are equipped with an automaker’s latest technologies. For vehicles from legacy automakers, this usually means cars that are several years old are drastically lower in price than their brand new counterparts. Teslas also drop some of their value as they get older, but with the company’s MCU2 upgrade option, this process will likely take even longer. 

Tesla Model S and X resale value just got a massive boost

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Tesla (TSLA) rises amid new $1K price target, Outperform rating from Wall St


Tesla shares (NASDAQ: TSLA) spiked on Tuesday morning amidst an optimistic “outperform” rating and a new price target from investment firm JMP Securities. Analysts at JMP stated that Tesla’s stock will be bought cheaply by investors following a recent decline that was likely related to the coronavirus outbreak.

JMP’s new price target is $1,060 per share and is one of the highest among TSLA bulls. Analysts state that investors will be happy to buy TSLA stock at lower multiples as the company is growing at a compound annual rate of 23%, according to The Street.

Next year’s estimates from JMP have TSLA valued at nearly 20 times its forecasted earnings based on its possible production of 2 million vehicles per year by 2025.

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JMP analyst Joseph Osha explained the firm’s optimistic outlook on the electric car maker. “The recent market-driven pullback provides investors with a good opportunity to enter the stock in our opinion, and a perusal of offerings from competitors suggests that Tesla’s market position should continue to be dominant. Investors may find themselves with additional near-term opportunities to buy the stock as Tesla  works through the first half of 2020 and the impact of COVID-19 becomes apparent,” he wrote.

Osha added that revisions to JMP’s 2021 model for Tesla put the investment firm’s figures slightly above consensus. However, a look at the electric carmaker’s long-term potential for growth indicates the stock should be valued higher on the 2021 outlook than it currently is.

TSLA was one of many companies negatively affected by the coronavirus and it suffered a fall in its share price. TSLA stock is slowly climbing back up, though shares are still a bit far from its levels in early February, when it reached its highest point at $968.98.

Tesla also reported strong 2019 delivery numbers at the start of 2020, stating they had delivered over 112,000 vehicles in Q4. Over 92,000 of them were the Model 3, the company’s most affordable sedan. This first quarter, Tesla’s numbers seem poised to be augmented to some degree by the Model Y, which appear to be set for deliveries soon.

The spike in price target from JMP offers some comfort to those who hold TSLA stock. Although it has been a tough couple of weeks because of the threat of a potential coronavirus pandemic, TSLA may be on its way back up.

As of writing, TSLA stock is trading +4.96% at at $780.52 per share. 

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

Tesla (TSLA) rises amid new $1K price target, Outperform rating from Wall St

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