Tesla Gigafactory 4 gets first protesters amid ongoing tree removal activities


A few dozen residents from Grünheide near Berlin recently organized a gathering known as a “Forest Walk” to protest against Tesla’s current tree removal activities at the European Gigafactory 4 complex’s site. Fifty Grünheide locals attended the protest, gathering around lunchtime hour on January 12, according to a report from rbb24.de.

Protesters were spotted in yellow safety vests replicating the infamous “Yellow Vest Movement” in France. The protesters requested the preservation of the forest while speaking of a lack of public recognition. According to the protesters, they were not asked about the project and were worried about the potential contamination of drinking water due to the activities on the site.

The protesters recognized themselves as apart of a group known as NABU (Nature and Biodiversity Conservation Union). “I think every citizen here has his own topic. For some, it is nature and the forest or people. The factory will also emit pollutants that pollute the region,” Spokesperson Nadine Rothmaier said to local reporters.

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While construction of the new plant will cause the emittance of some pollutants, it is simply impossible to avoid this scenario. It should also be noted that Tesla will be planting three times as many trees as they cut down in areas surrounding Grünheide.

The company also released an Environmental Impact Report in early January that stated they were planning to relocate numerous species of animals to avoid harming them. The company also plans to accelerate the initial deforestation activities in the area so as not to interrupt bird breeding that begins in early March.

Another member of the group voiced their concerns about the already difficult task of providing enough clean drinking water to the town. “If a huge consumer is now added by Tesla, it will be even more difficult,” Steffen Schorcht stated. Tesla has been looking for numerous providers of clean drinking water for the site as the company has recognized the local sources will simply not be enough.

Another resident mentioned concerns about forest fires. Tesla will have to use underground water pumps to remove groundwater from the site. The resident stated that if Tesla removes this water, the forest will become too dry and could easily catch fire.

Some members of the protest group stated they will be returning next Saturday on January 18 to resume demonstrations and may begin to take legal action against the company. “We will also raise objections to Tesla’s environmental impact assessment in the normal legal way,” Schorcht stated.

Tesla began the process of cutting down the trees from the property on January 6 and plans to have the entire process completed by February 27. While Tesla has stated they plan to replace the trees, local environmentalist groups state the company many have trouble finding sufficient land to plant the replacements because some of the surrounding areas may not be suitable.

Tesla Gigafactory 4 gets first protesters amid ongoing tree removal activities

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Tesla (TSLA) stock breaks $500 amidst optimistic price target from Oppenheimer


Tesla shares (NASDAQ:TSLA) showed some strong recovery on Monday’s opening bell, bouncing back over $500 per share amidst an optimistic, updated price target from Oppenheimer. In a recent note, the firm boosted its PT for the electric car maker to $612 per share, one of the highest in Wall Street. 

In a note to clients, Oppenheimer analyst Colin Rusch stated that he believes Tesla has reached a “critical scale” that is sufficient to support sustainable positive free cash flow (FCF). The analyst also reiterated his “Outperform” rating on the company, together with his $612 price target, which implies an upside of over 20% from Friday’s closing price of $481 per share. 

This does not mean to say that Tesla is poised to lose its trademark volatility. Explaining further, Rusch stated that while TSLA stock may remain volatile, he believes that the company has “key advantages” over its competitors in terms of powertrain design and battery innovations, ADAS fleet size, a roadmap to energy independence, and consumer enthusiasm. 

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“We believe Tesla’s powertrain technology, power/data architecture, and operating system are tracking ~three years ahead of competition based on available vehicles and checks on new platforms. Given the resolution of manufacturing bottlenecks and demonstration of strong consumer demand, we believe TSLA is becoming a must-own stock and could benefit from inclusion in additional indexes.” 

“[W]e believe the company’s risk tolerance, ability to implement learnings from past errors, and larger ambition than peers are beginning to pose an existential threat to transportation companies that are unable or unwilling to innovate at a faster pace,” Rusch wrote in his note. 

With his “Outperform” rating and $612 per share price target, Oppenheimer now stands as the second-biggest bull for Tesla. Above the firm is Elazar Advisors analyst Chaim Seigel’s $734 per share price target. Of course, far above other firms’ estimates is ARK Invest’s $4,000 to $6,000 price target for TSLA shares, though a huge part of this valuation will depend on the rollout of the company’s Robotaxi network. 

Tesla shares have exhibited an impressive run over the past three months, rising about 93% over the past three months through Friday. The S&P 500, on the other hand, has gained 9.9% in the same period. 

Tesla is heading into 2020 with a lot of momentum. Apart from optimistic price targets from multiple Wall Street analysts, the company is also poised to record stronger sales in China, where it has started delivering locally-produced Model 3 to customers. Tesla is also making some headway in its efforts to establish a fourth Gigafactory in Europe, which will be built in the state of Brandenburg near Berlin. 

As of writing, Tesla stock is trading +5.35% at $504.65 per share.

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

Tesla (TSLA) stock breaks $500 amidst optimistic price target from Oppenheimer

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SpaceX just blew up a Starship tank on purpose and Elon Musk says the results are in


Before dawn on January 10th, SpaceX technicians and engineers intentionally blew up a miniature Starship tank in order to test recently-upgraded manufacturing and assembly methods, likely to be used to build the first Starships bound for flight tests and orbit.

SpaceX CEO Elon Musk quickly weighed in on Twitter later the same day, revealing some crucial details about the Starship tank test and effectively confirming that it was a success. While somewhat unintuitive, this is the second time SpaceX has intentionally destroyed largely completed Starship hardware in order to determine the limits of the company’s current methods of production and assembly.

Most notably, on November 20th, SpaceX is believed to have intentionally overpressurized the Starship Mk1 prototype in a very similar – albeit larger-scale – test, destroying the vehicle and sending its top tank dome flying hundreds of feet into the air. It’s generally believed that SpaceX (or perhaps even just Musk) decided that Starship Mk1 was not fit to fly, leading the company to switch gears and deem the prototype a “manufacturing pathfinder” rather than the first Starship to fly – which Musk had explicitly stated just a few months prior.

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Instead, Starship Mk1 suffered irreparable damage during its pressurization test and was rapidly scrapped in the weeks following, although several segments were thankfully salvaged – perhaps for use on future prototypes. Along those lines, it can arguably be said that the results from the mini Starship tank’s Jan. 10 pop test have paved the way for SpaceX to build the first truly flightworthy Starship prototypes – potentially all the way up to the first spaceworthy vehicles.

Hours after the test, Musk revealed that the Starship test tank failed almost exactly where and how SpaceX expected it would, bursting when the weld joining the upper dome and tank wall failed. Critically, the tank reached a maximum sustained pressure of 7.1 bar (103 psi), some 18% over the operating pressure (6 bar/87 psi) Musk says Starship prototypes will need to be declared fully capable of orbital test flights. In other words, given the tank’s size, it survived an incredible ~20,000 metric tons (45 million lbf) of force spread out over its surface area, equivalent to about 20% the weight of an entire US Navy aircraft carrier.

Musk also revealed that SpaceX will require Starships to survive a minimum of 140% of that operating pressure before the company will allow the spacecraft to launch humans.

Some have less than generously taken to smugly noting that several modern spaceflight and engineering standards require that launch vehicle tankage be rated to survive no less than 125% of their operating pressure, while this test tank would be rated for less than 118% under identical conditions. However, this ignores several significant points of interest. First and foremost, the Starship test tank intentionally destroyed on January 10th was assembled from almost nothing – going from first weld to a completed pressurization test – in less than three weeks (20 days).

Second, all visible welding and assembly work was performed outside in the South Texas elements with only a minor degree of protection from the coastal winds and environment. Although some obvious tweaks were made to the specific methods used to assembly the prototype tank, it also appears that most of the welding was done by hand. For the most part, in other words, the methods used to build this improved test article were largely unchanged compared to Starship Mk1, which is believed to have failed around 3-5 bar (40-75 psi).

Additionally, it appears that almost all aspects of this test tank have smaller structural margins, meaning that the tank walls and domes are likely using steel stock that is substantially thinner than what was used on Starship Mk1. Nevertheless, thanks to the addition of continuous (single-weld) steel rings, a tweaked dome layout, and slightly refined welding, this test tank has performed anywhere from 20% to 200+% better than Starship Mk1 – again, all while coming together from scratch in a period of less than three weeks.

SpaceX technicians finished welding the tanks two halves together less than 24 hours before the tank was successfully pressure-tested. (NASASpaceflight – bocachicagal)

As Musk notes, with relatively minor improvements to welding conditions and the manufacturing precision of Starship rings and domes, SpaceX can likely ensure that Starships (and thus Super Heavy boosters) will be able to survive pressures greater than 8.5 bar (125 psi), thus guaranteeing a safety margin of at least 40%. Even a minor improvement of ~6% would give vehicles a safety margin of 125%, enough – in the eyes of engineering standards committees – to reasonably certify Starships for orbital test flights.

Technicians worked through the night and into the predawn morning to prepare the mini Starship tank for an intentional test to failure. (NASASpaceflight – bocachicagal)
Although several hours after a scheduled roadblock, SpaceX ultimately successfully completed the pressure test around 5 am CST (11:00 UTC), January 10th. (NASASpaceflight – bocachicagal)

All things considered, it’s safe to assume that SpaceX is going to begin building and assembling Starship SN01 (formerly Mk3) hardware almost immediately. Given that this test tank took just 20 days to assemble, it’s safe to say that the upgraded prototype’s tank section could be completed in just a handful of weeks. Stay tuned for progress reports.

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

SpaceX just blew up a Starship tank on purpose and Elon Musk says the results are in

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Tesla’s rise in Germany is only the beginning of Elon Musk’s plan in Europe


As Tesla awaits to begin construction of its Gigafactory 4 in Brandenburg, the US electric car manufacturer made big strides in terms of making the automotive giants feel its presence. Tesla led all brands in terms of most new registrations of purely electric cars for 2019 in Germany.

Based on the data from Germany’s Federal Motor Transport Authority (KBA), Electrive reported that Tesla delivered 10,710 electric vehicles in 2019, edging Renault, which came in a far second with 9,431 units. BMW posted the third most EV registrations with 9,117 vehicles hitting the road.

The Tesla Model 3 was the leader of the pack in December with 926 new registrations followed by the Renault Zoe with 780 and the Volkwagen e-Golf with 764. New registrations of Model S and Model X were 114 and 89, respectively.

Likewise, KBA reported that Tesla is the king of imported brands in Germany. The Palo Alto, California-based carmaker registered a 462.3% increase in new vehicle registrations last year. Lexus posted a 29.7% increase while Ssangyong went up by 17.8%.

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The latest numbers bode well for the future of Tesla in a country considered as the hub of automotive giants such as Daimler, BMW, and Volkswagen. But it’s not just Germany that experienced Tesla’s strong presence. In the Netherlands, Tesla crushed the competition to end 2019 with 30,882 new electric vehicle registrations last year. The Model 3 was also the best selling car for 2019 in Norway, posting an 11% market share.

It is an impressive achievement to see how Tesla’s vehicles compete as an imported brand in Europe and one can only be excited to think how things will be when Tesla begins production of the Model Y when Gigafactory 4 starts its operations.

It is also interesting to take note that more than half of new vehicle registrations in Germany were SUVs with a recorded increase of 21%. The Model Y’s entry into the market might just be perfectly timed to make the most of the demand in the segment, especially since Gigafactory 4 is expected to produce about 250,000 vehicles during its initial phase, ramping to about 500,000 units annually.

With such production goals, Tesla can saturate the local market that just happens to be switching to greener vehicles. Petrol and diesel units still dominated Germany’s December 2019 registrations but green vehicles gained the most impressive year-over-year gains. Electric cars posted gains of 49.8% compared to the same period in 2018, while hybrid vehicles recorded a 130.8% rise. PHEVs saw a 197.6% increase.

What Tesla is achieving in Germany now could help foretell what to expect in the biggest markets in Europe. Just like what Elon Musk is doing in China, Tesla will soon be a force to be reckoned with in the region. For a region that plans to dramatically cut down its CO2 emissions, Tesla may very well be the perfect car maker to support.

Tesla’s rise in Germany is only the beginning of Elon Musk’s plan in Europe

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Tesla cars will be able to ‘talk’ to vandals and pedestrians


Tesla CEO Elon Musk teased that its electric vehicles will soon be able to “talk” and backed it up with video footage of a red Model 3 that was heard saying, “Don’t just stand there staring, hop in.”

According to Musk, Tesla cars will be able to talk to pedestrians but also to vandals through Sentry Mode for “some epic robber confusion.”

It is not yet clear how the new feature will work or where the sound will come from. The sound bites might use the same speaker installed for the Model 3’s pedestrian noisemaker first seen last year, but the car on the footage has its windows rolled down and it’s not clear if the voice was coming from inside the vehicle. Nevertheless, hearing a Tesla talk adds to the fun factor of the vehicle. These can be sound bites played by from the car’s touchscreen or automatic voice prompts that can be set to warn nearby humans or just blurt out some phrases to make people laugh. Of course, the addition of voice warnings to the Sentry Mode of Teslas will help beef up the security of vehicles as the noise can warn owners or nearby humans that someone is about to rob or potentially vandal a Tesla.

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With Elon Musk’s known interest in safe artificial intelligence, it will also be interesting to see if future Teslas will really be able to interact with its occupants or if such features can be integrated into the Autopilot and Full Self-Driving technologies of the Palo Alto, California-based car manufacturer.

Imagine a Tesla electric vehicle in the future that talks like Knight Rider’s KITT. This perfectly fits the picture of Tesla robotaxis with a butler-sounding voice prompt picking up passengers and earning money for their owners who might be busy. While these ideas are a long shot, they are not far fetched as Tesla has been working to perfect its Full Self-Driving technology and also making voice commands an integral part of its system.

Other features such as the mobile app with in-car search capabilities that the Tesla chief confirmed recently will also go well with talking Teslas.

As always, the light-hearted and funny side of Musk surfaced during the conversation about talking electric vehicles as he said the cars will also be able to fart a la Monty Python in the general direction of nearby pedestrians.

Tesla cars will be able to ‘talk’ to vandals and pedestrians

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Every Tesla Model Y sighting so far: Subtle refinements from unveiling event to today


A Tesla enthusiast recently compiled all of the sightings of the Model Y in chronological order. The video shows how Tesla has been fine-tuning the vehicle ahead of its initial production phases and its first deliveries later this year.

YouTuber and electric vehicle enthusiast Ryan Shaw compiled a complete collection of every Model Y sighting, from its first public sighting in April 2019 in Fremont, California outside of Tesla’s headquarters to most recent ones shared online. From this sighting alone, it was evident that the Model Y is indeed a larger, taller version of the Model 3 sedan. It also provided a brief hint at the vehicle’s third row seats, which appear to provide very little space.

Amidst Tesla enthusiasts spotting the car on what seemed like a daily basis, the company did everything from equipping the vehicle with calibration equipment to testing out different wheels that are were initially only available to the Model 3 in China. Tesla seemed to be leaving no stone unturned when it came to the Model Y, refining the vehicle’s design and features as-needed to ensure a successful launch of its first SUV-style vehicle since the Model X.

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One of the biggest topics of discussion surrounding the Model Y is its size. Some may have been under the impression that it would not be as spacious as traditional crossovers. These speculations were addressed as Tesla started to roll out the Model Y for public road testing, and photographs and videos were taken of the vehicle driving next to a number of popular cars on the road. Based on these sightings, it is becoming evident that the Model Y’s size will be comparable to popular crossovers like the Honda CR-V.

Quite interestingly, the chronology of the Model Y sightings show the subtle refinements that Tesla’s release candidates have been displaying over the months. Initial sightings of the vehicle in the wild featured rough edges on the crossover, such as mismatched trims and a lack of badges. This was not the case with more recent footage and photos of the vehicle, which reveal a crossover that looks every bit like it’s slated to enter production soon.

The Model Y will begin production at the Fremont factory by the Summer and those who have pre-ordered the vehicle are expected to take delivery soon after. The vehicle will also be produced at Gigafactory 3 in Shanghai and Gigafactory 4 near Berlin. Tesla CEO Elon Musk has even announced that the Model Y would be GF4’s first production vehicle.

Crossovers are currently a dominant force in the American automotive sector and make up for a majority of vehicle purchases in the United States. While manufacturers like Audi, Jaguar, Kia, and Hyundai have all released all-electric crossovers, Tesla will use its established ecosystem of trademark driver-assist features, OTA improvements, and charging network to give the vehicle an advantage in the market.

You can watch Ryan Shaw’s video of every sighting of the Tesla Model Y below.

Every Tesla Model Y sighting so far: Subtle refinements from unveiling event to today

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Tesla’s deal with Fiat-Chrysler could pave the way for its European Gigafactory


Tesla’s fleet pooling deal with Fiat-Chrysler Automobile’s (FCA) may generate enough for the electric car maker that it could end up funding Gigafactory 4 on its own, according to analysts at Baird.

Baird analyst Ben Kallo says the payments will augment Tesla’s profit margins and likely be enough to effectively pay for the purchase and initial construction of Gigafactory 4 near Berlin, Germany.

“While we acknowledge investors may want to strip out credits in evaluating operational execution, we do note the credits effectively fund Tesla’s European factory,” Kallo said in a report published on January 9.

The two automakers teamed up to create an alliance that would make it easier for Fiat to reach the European Union’s CO2 requirement of 95g per kilometer in 2020. The deal requires FCA to pay Tesla $2 billion through 2023, breaking down to around $150 million to $200 million payments for each quarter until the balance is paid off.

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Without the agreement with Tesla last Spring, FCA would have struggled to meet the newly-adopted emissions limits and it could have been subject to large penalties that may have put the company in an awkward place financially. This is why the EU granted an “open-pool” option that allows multiple car manufacturers to pool their fleets together to meet the regulations.

The EU was forced to lay down the hammer when it came to emissions regulations following Volkswagen’s lengthy scandal known as “Dieselgate.” The German automaker was accused of planting cheat devices in several of its Turbocharged Direct Injection (TDI) vehicles so they would pass emissions testing. VW has paid around $33 billion in fines and penalties since 2015.

FCA announced a $10.5 billion dollar plan to expand its fleet to include electric vehicles in its lineup last Spring. The company also recently unveiled its all-electric Fiat 500, and Plug-In Hybrid variants of Jeep’s Compass, Renegade and Wrangler.

However, FCA is not fully committed to a future that works toward sustainability. California recently made the decision to stop purchasing vehicles from companies that do not support the state’s emissions standards and FCA was one of the manufacturers involved. Hopefully, the manufacturer will reconsider its stance and join the movement that will fight the global climate crisis.

Tesla’s deal with Fiat-Chrysler could pave the way for its European Gigafactory

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Tesla CEO Elon Musk is a ‹wild› man who can beat auto giants: ‘Shark Tank’ Judge Barbara Corcoran


Tesla shares have been really hot of late and this resulted in the conversion of critics into believers such as “Mr. Wonderful” Kevin O’Leary; and now, another Shark Tank judge has explained why she loves the company and why Elon Musk is a winner.

The founder of The Corcoran Group and Shark Tank judge Barbara Corcoran weighed in on Tesla stock performance and Tesla CEO Elon Musk’s leadership style during a Yahoo! Finance video segment.

“All you have to do is get a Tesla or borrow and drive around and you are sold,” Corcoran, who also owns a Tesla and the company’s stock, said.

On Thursday, TSLA was downgraded by Baird from “Outperform” to “Neutral” and CFRA also downgraded it from “Hold” to “Sell” after closing on Wednesday. Corcoran had a no-holds-barred reaction to this. “These guys are just hedging their bets. They don’t want to be wrong on their predictions so they’re taking it down a little. It’s all nonsense,” she said.

When asked by host Zack Guzman if she owns a Tesla, the multimillionaire businesswoman jokingly explained that she loves the Tesla and that the dashboard alone is enough to convince her. “Nicely made car, gorgeous,” she added.

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The entrepreneur known for her rags to riches story described the Tesla chief as someone who can beat the automotive giants.

“You always need a guy that’s a wild man like he is to create something new and by the time the big guys wake up to it they can never catch up,” she said. “Any great leader is rough. Any great leader has a strong opinion and isn’t so smooth on the edges and drives at home, but that’s what you want when you want to reinvent a category and that’s what he has done.”

When asked about how the electric car maker struggled during the first half of 2019 while registering profits in Q3, Corcoran had a witty rebuttal,“…if you could just look at it long-term and realize that their product and the end drives the company, the product itself it’s so phenomenally much better than everything. I’ve driven them all. You just have to go buy yourself a Tesla, you’ll never say another word against Tesla in your life.”

Given that Corcoran owns TSLA stock, her praises and claims hold water. Just this week, Tesla became the most valuable American automotive company ever with a market capitalization approaching $83 billion. For a very young company, that is quite an achievement. Likewise, all eyes are glued on what’s happening in Germany where Tesla is gearing to construct its Gigafactory 4 that will produce half a million vehicles to serve the European market.

Here’s the segment on Yahoo Finance where Corcoran shared her thoughts about Tesla and Elon Musk:

Tesla CEO Elon Musk is a ‹wild› man who can beat auto giants: ‘Shark Tank’ Judge Barbara Corcoran

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Elon Musk considers Tesla mobile app with in-car search capabilities


On the heels of Tesla’s latest search-by-voice feature, CEO Elon Musk is considering an update that would extend onboard search capabilities to an owner’s Tesla mobile app. Having the ability to search vehicle-specific functions via a mobile app, instead of using Tesla’s native touchscreen or voice controls, isn’t a use-case that naturally comes to mind but there very well could be a good one.

As suggested by Tesla Owners Silicon Valley, there could be times when having access to search Netflix, YouTube and other streaming services directly from the back seat of the vehicle could come in handy. In a Tesla Model X, for instance, watching an in-car movie from the 2nd row provides a theater-like viewing experience, but without access to the vehicle’s touchscreen or steering wheel control for searching. “I was sitting in the middle row of my X and I wanted to change the youtube channel without opening the falcon door,” commented @teslaownersSV to Musk. To which Musk replied “Sure”, hinting at the possibility that a Tesla App feature to facilitate in-car search could become a reality.

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With the rollout of the V10 update in September last year, Tesla practically turned the touchscreen into a movie machine with the Tesla Theater feature.

A search feature on the mobile app will also be convenient when one is on Camp Mode. Those who will be spending extended periods of time in their vehicles will be able to maximize the entertainment system, say while on a queen-sized mattress in their Model S or X.

Ultimately, search on the mobile app might come useful when Teslas are cruising on the road as robotaxis in the future. Passengers can be given access to the in-car entertainment system via mobile app and be able to watch their favorite movies or TV series on Netflix or Disney+.

We can only expect Tesla to constantly push new features that enhance the capabilities of the vehicle and further improve user experience as we’ve seen in the Holiday Software Update that included a good amount of new voice commands and visualizations, both steps that take the carmaker closer to its Full Self-Driving dream.

Elon Musk considers Tesla mobile app with in-car search capabilities

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Tesla Cybertruck makes a believer out of analyst: ‹(It’s) in a different Technology Orbit›


The Tesla Cybertruck may very well be a sign of things to come for the electric car maker, as it is a vehicle that embodies a completely different “technology orbit” compared to the company’s other cars. These findings were recently related by an ardent Tesla bull following a visit to the Fremont factory.

Global Equities Research analyst Trip Chowdhry shared some of his insights from his Fremont visit in an article on finance website StreetInsider. Outlining his thoughts, the analyst stated that the Cybertruck’s technology is something that is “exponentially over and beyond both Model S and Model X.” “(The) Cybertruck is completely in a different Technology Orbit,” Chowdhry wrote.

Explaining further, Chowdhry also noted that based on what he has seen, he would not be surprised if Tesla ends up creating a lineup of vehicles based on the Cybertruck. Propelled by the Model 3 and Model Y, the analyst stated that Tesla may very well launch a “CyberCar,” which would likely be more aggressively priced compared to the company’s current vehicles.

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The Tesla Cybertruck is unlike any of the company’s other vehicles, being unashamedly huge and brutalist. It packs a lot of power and off-road capabilities that Tesla’s other vehicles are not readily capable of, mostly because it was engineered from the ground up to be as tough as possible. But inasmuch as the Cybertruck is radical for its design, it is also groundbreaking for its potential battery costs. The truck is heavy and will likely have a large battery pack, yet the vehicle will only cost slightly more than the Model Y crossover Tesla will start delivering this summer.

This implies several interesting scenarios. Based on the Cybertruck’s specs, estimated weight, size, and up to 500 miles of range, one can assume that it will require a fairly large battery pack. Yet the vehicle’s top-tier Tri-Motor AWD variant is priced below $70,000 before options, seemingly implying that Tesla has reduced its battery costs to a substantial degree.

This makes the Cybertruck a very compelling vehicle to purchase. For the price of a premium crossover SUV like the Jaguar I-PACE, buyers can acquire a 500-mile monster EV with full off-road capability, six seats, standard Autopilot, and enough acceleration to hit 60 mph in 2.9 seconds. That’s a difficult combination to beat.

Tesla has a trend of constantly improving, not just year-over-year, but quarter-over-quarter as well. Based on Chowdhry’s recent comments, it appears that the Cybertruck is the next step in Tesla’s evolution as a car manufacturer. And if more “cyber”-inspired vehicles are indeed in the pipeline, the massive electric pickup could very well be the start of a whole new breed of affordable, long-range, performance EVs.

The Cybertruck’s Dual and Tri-Motor variants cost $49,900 and $69,900 respectively will begin production in late 2021, with the $39,990 Single-Motor entering its initial building phase the following year. The vehicle was recently recognized as the Concept Car of the Year and has been the subject of many pieces of pop-culture since its unveiling in mid-November.

Tesla Cybertruck makes a believer out of analyst: ‹(It’s) in a different Technology Orbit›

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var disqus_title = «Tesla Cybertruck makes a believer out of analyst: '(It's) in a different Technology Orbit'»;
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