Tesla (TSLA) bull projects massive growth in 2020 even with conservative estimates


This year has been one of Tesla’s most historic yet, with the company’s shares dropping to over two-year lows before recovering and reaching new all-time highs. As 2019 ends with Tesla showing its strength in terms of vehicle production and deliveries, an ardent TSLA bull has stated that the company is on the cusp of even more dramatic growth next year. What’s more, Tesla seems poised for this growth even with conservative estimates. 

Forecasts from Tesla investor-enthusiast Galileo Russell of YouTube’s Hyperchange channel have always been on the more conservative side. For his 2020 financial projections, the investor adopted the same stance. Despite this, results from the Hyperchange host’s research points to Tesla potentially delivering around 600,000 electric cars in 2020, provided that Model Y production hits its stride at the latter half of the year. That’s around a quarter of a million more than the vehicles Tesla will likely deliver this year. 

In a video outlining his thesis, Russell explained that Tesla is now at a point where its core business is seemingly headed towards more stable waters. Cash flow continues to show strength, and the company is sitting on $5 billion in cash. Demand for its vehicles like the Model 3 is validated by sales in the United States, Europe, and China as well, putting the “demand problem” short thesis to rest. Apart from this, Tesla has returned to profitability, and these sentiments are pretty much reflected in the company’s stock, which has broken the $400 per share barrier while hitting all-time-highs. 

(Credit: Hypercharts.co)
(adsbygoogle = window.adsbygoogle || []).push({});

In a way, Tesla is in a great place to start producing a vehicle that has the potential to carry it higher: the Model Y. The Model Y is a crossover, which means that it is targeted towards one of the auto industry’s most lucrative segments. If the Model 3, a vehicle that competes in a segment that is showing a decline in several regions, can push Tesla so far up, one can only imagine what the Model Y can do to boost the electric car maker further. Tesla, after all, expects the Model Y to outsell the Model S, Model X, and Model 3 combined

That being said, the TSLA investor expects Tesla Model Y production to be fairly gradual. Russell was optimistic in his projection that a few Model Y can enter production as early as Q1, but he remained conservative for the first half of the year. Overall, the Hyperchange host expects Model Y to hit its stride in the third quarter with a production of about 25,000 units. If Tesla accomplishes this, Russell noted that the crossover’s production could go as high as 75,000 in Q4. This is despite the investor’s prediction that Model S and X sales will drop to their lowest levels as buyers wait for the vehicles’ Plaid variants, and that the Model 3 will see some cannibalization from its crossover sibling. 

(Credit: Hypercharts.co)

It should be noted that Russell’s expectations don’t account for several factors that Tesla could still improve, including efficiencies in its vehicle production process and its gross margins. Considering these factors, Tesla may very well remain profitable while allowing the company to pursue other high-profile projects such as the establishment of the Megacharger Network for the Semi, or the buildout of massive projects such as Gigafactory 4 in Europe. 

It should also be noted that the Hyperchange host’s models do not account for any additional revenue streams that Tesla can tap into, such as its batteries and powertrains that could be sold to OEMs for their own electric cars. Elon Musk has stated that he is open to such ideas, and Fiat-Chrysler, which already buys credits from Tesla, has expressed interest in tapping into the Silicon Valley-based company’s technology. Considering the lead that Tesla continues to establish in terms of range and efficiency, the idea of a veteran automaker utilizing the company’s batteries and powertrains is more than feasible. 

Tesla stock has been on a massive rally lately, and as shares hit a record high, speculations were abounding that the rise was due to shorts covering, or sentiments improving from investors. Russell argues that the recent stock movement for TSLA is also driven, if not primarily, by the steady improvement in Tesla’s fundamentals. Little by little, Tesla is becoming more and more like a full-fledged business, and as it rakes in the profits amidst its growth, the company may very well be headed towards even more milestones in the near future. 

Watch the Hyperchange host’s full forecasts for Tesla in 2020 in the video below. 

Tesla (TSLA) bull projects massive growth in 2020 even with conservative estimates

(adsbygoogle = window.adsbygoogle || []).push({});


<!–

View Comments

–>

var disqus_shortname = «teslarati»;
var disqus_title = «Tesla (TSLA) bull projects massive growth in 2020 even with conservative estimates»;
var disqus_url = «https://www.teslarati.com/tesla-tsla-bull-2020-model-3-model-y-forecasts-video/»;
var disqus_identifier = «teslarati-124242»;

Comments
Teilen:

Tesla Arcade in China to get online multiplayer titles from Tencent


Tesla China plans to roll out three popular online games, a local weather app, an air quality alert system, and two streaming apps to its customers in the country in the first quarter of 2020. The official announcement as shared by Tesla owner-enthusiast Ray4Tesla on Twitter lists popular online titles Fight Landlords, Mahjong, and Happy Upgrade as part of the expected update. Tesla owners can play these games with their friends using their WeChat or QQ accounts.

These video games and apps are all products of Tencent Holdings, a Chinese multinational conglomerate with a market cap of about $461 billion that offers internet and mobile value-added services, advertising, and e-commerce transactions through its subsidiaries. In 2017, Tencent bought a 5% stake in Tesla, a strategic move that gave the electric car manufacturer a solid ally in China.

Fight Landlords, Mahjong, and Happy Upgrade are among the most popular Tencent Games played on QQ, an instant messaging app with more than 807 million users as of last year. Such games add color to the in-car entertainment system of Tesla that could provide a good boost to attract local, young, and tech-savvy car buyers in the country. Likewise, WeChat is also a property of Tencent and is the most popular messaging app in China with over a billion active users per month.

(adsbygoogle = window.adsbygoogle || []).push({});

QQ and WeChat are prominent messaging and social media apps treasured by businesses in China where 91 percent of online users have social media accounts. Consumers use these platforms to communicate, research brands, play games, and engage in transactions. Tesla’s presence on these popular apps gives the company some leverage if it wants to crack the local market. This should give Tesla an edge against established brands such as BMW, GM, and Volkswagen, to name a new.

Video games are nothing new in Tesla cars as the electric car maker has practically turned its vehicles’ infotainment system into a gaming console that could be used while the cars are on Park. Tesla offers various games that appeal to a wide range of users such as classic Atari games, Chess, Beach Buggy Racing 2, and more recently, Cuphead.

As Tesla China prepares for its first deliveries of the Model 3, rolling out popular games and useful apps can also help the brand attract more buyers away from local competition. They can serve as talking points that can further strengthen word of mouth marketing that has saved Tesla millions in advertising costs too. Furthermore, such a move shows the local market that Tesla is fully-committed to provide owners in the country with the best user experience possible.

This focus on its vehicles’ fun factor has been mentioned by CEO Elon Musk in the past. “The goal for the infotainment system is to say what’s the most amount of fun you can have in a car. I don’t think other car companies really think about it that way. It’s not just some sort of transport utility device with no soul and no character,” Musk said during the Q3 2019 earnings call.

Aside from the popular video games, the local weather app and air quality app come handy for consumers in China who live in areas with poor air quality.

As announced by the country’s Ministry of Industry and Information Technology earlier this month, two variants of the locally-made Tesla Model 3 will receive subsidies from the government. Deliveries of Made-in-China Model 3s also appear to be just around the corner, with car carriers filled with the vehicle being spotted in Gigafactory 3’s holding lots.

The announcement of Tesla China coincides with Elon Musk’s tweet about Tesla’s upcoming 2019 holiday software update, which is expected to include a “sneak preview” of Full-Self Driving, new games, and possibly a number of video streaming apps.

Tesla Arcade in China to get online multiplayer titles from Tencent

(adsbygoogle = window.adsbygoogle || []).push({});


<!–

View Comments

–>

var disqus_shortname = «teslarati»;
var disqus_title = «Tesla Arcade in China to get online multiplayer titles from Tencent»;
var disqus_url = «https://www.teslarati.com/tesla-arcade-online-multiplayer-china-tencent/»;
var disqus_identifier = «teslarati-124221»;

Comments
Teilen:

SpaceX set to deploy another large batch of internet satellites as Starlink constellation expands


For the third time in less than four weeks, SpaceX has announced a new 60-satellite Starlink mission, making it the second Starlink launch scheduled in the first month of the new year.

This mission will be the company’s fifth dedicated Starlink launch, referring to the fact that SpaceX is using all of the performance of Falcon 9 for its own internal purposes. Comprised of 60 flat-packed satellites, SpaceX completed its first dedicated Starlink launch – known as Starlink v0.9 – in May 2019, followed by the first launch of 60 finalized “Starlink v1.0” satellites on November 11th, a mission known as Starlink-1.

Barring delays, the next Starlink v1.0 launch – Starlink-2 – will be SpaceX’s 14th and final launch of the year and is scheduled to lift off no earlier than 11:40 pm ET, December 30th (03:40 UTC, Dec 31), a mission the company announced on November 24th. Barely two weeks later, SpaceX announced media accreditation for Starlink-3, scheduled to launch in January 2020.

(adsbygoogle = window.adsbygoogle || []).push({});

Now, just ten days after announcing Starlink-3, SpaceX has announced plans for Starlink-4. Scheduled to launch no earlier than “late-January”, Starlink-4 is now the third Starlink mission SpaceX has announced in less than four weeks, all three of which are scheduled to launch within the next six weeks.

As previously discussed on Teslarati, the fact that SpaceX announced two Starlink missions in two weeks meshed well with the company’s goal of performing up to 24 dedicated Starlink launches in 2020.

“Barely two weeks after SpaceX opened media accreditation for Starlink-2, the second launch of finalized ‘v1.0’ satellites and third dedicated launch overall, the company has announced that that late-December mission will be followed by another Starlink launch in January 2020. This tracks almost exactly with SpaceX’s reported plans for as many as 24 dedicated Starlink launches in 2020, a feat that would singlehandedly break SpaceX’s current record of 21 launches performed in a single year.”

Eric Ralph — December 10th, 2019

With SpaceX’s December 19th’s Starlink-4 announcement, it’s now abundantly clear that the company is putting its money where its mouth is with respect to what might otherwise be perceived as a Muskian pie-in-the-sky target. CEO Elon Musk is (in)famous for his tendency to sketch out timelines that probably are theoretically possible but inevitably fall prey to the numerous challenges often faced during ambitious aerospace projects.

As of now, SpaceX took a bit less than six months to go from its first 60-satellite Starlink v0.9 launch to its first Starlink v1.0 launch (Starlink-1). If schedules hold, SpaceX’s second Starlink v1.0 launch – Starlink-2 – will lift off about six weeks after Starlink-1, while Starlink-3 could follow just 1-2 weeks later in January 2020.

Several Starlink satellites in orbit. (SpaceX – edit by Teslarati)

This is all to say that SpaceX is perfectly setting itself up for an average of two Starlink launches per month next year, so long as it continues to announce new missions every 2-3 weeks. Even if SpaceX falls short of that ambition due to any number of technical hurdles that could pop up next year, 15 or 20 Starlink launches would give the company a Starlink constellation more than a thousand satellites strong.

In recent months, SpaceX has indicated that Starlink will need at least 24 dedicated launches – 1440 satellites – to achieve uninterrupted global coverage, while as few as six launches (300 satellites) could enable service for customers in the northern US and southern Canada.

SpaceX COO and President Gwynne Shotwell believes the company can begin serving customers as early as mid-2020, ultimately maturing into an experienced internet service provider (ISP) in 2021. With almost 120 satellites already in orbit, if SpaceX can manage an average of 1.5 to 2 Starlink launches per month in 2020, the broadband internet constellation will have near-global coverage before the start of 2021.

For now, it looks like the first few months of the next decade will be jam-packed with SpaceX Starlink launches, not to mention the customer launches the company intends to complete on top of its own internal manifest.

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

SpaceX set to deploy another large batch of internet satellites as Starlink constellation expands

(adsbygoogle = window.adsbygoogle || []).push({});


<!–

View Comments

–>

var disqus_shortname = «teslarati»;
var disqus_title = «SpaceX set to deploy another large batch of internet satellites as Starlink constellation expands»;
var disqus_url = «https://www.teslarati.com/spacex-starlink-internet-satellite-constellation-expands/»;
var disqus_identifier = «teslarati-124164»;

Comments
Teilen:

Tesla brings out Cybertruck, ATV and Roadster at company holiday party


Tesla hosted a private company Christmas party Wednesday night at its Hawthorne, California Design Studio and while Santa Claus wasn’t there, one cannot complain when the next-generation Roadster together with the upcoming Cybertruck and accompanying all-electric Cyberquad ATV makes a grand appearance.

Details about the party held at the Tesla Design Center in Hawthorne, California are slim limited but images and videos posted online are enough to make Tesla fans and other autophiles drool, especially with the rare appearance of the next-generation Tesla Roadster.

Entrepreneur Nan Lin posted images on Instagram and Facebook that gives us a good look of the all-electric Tesla supercar, the polarizing Cybertruck, and the much-awaited Cyberquad ATV:

Tesla Cybertruck, ATV, and next-gen Roadster at 2019 Tesla Holiday Party in Hawthorne (Credit: nanunlimited/Instagram)

The Roadster — dubbed by Tesla as the quickest car in the world with record-setting acceleration, range, and performance– is expected to roll out in late 2020 following the Model Y. Tesla claims it will have a top speed of over 250 mph, can sprint from 0 to 60 mph in 1.9s and will include cold-gas gas thrusters as part of a SpaceX package.

Last October, Tesla Chief Designer Franz von Holzhausen provided insights about what consumers can expect from the production version of the all-electric supercar when he appeared on the Ride The Lightning podcast.

“It’s evolving deservedly so; it needs more time. It will be even better than what we’ve unveiled. In every way,” von Holzhausen said.

(adsbygoogle = window.adsbygoogle || []).push({});

Franz von Holzhausen’s thoughts echoes what Elon Musk thinks the Roadster can do. According to the Tesla chief, the tri-electric motor supercar with Plaid powertrain can absolutely break the Nürburgring’s all-time track record. The Tesla Roadster is expected to hit the track in West Germany next year.

Below are more images from the Tesla Christmast party from Instagram user @giftedkicks:

Tesla brings out Cybertruck, ATV and Roadster at company holiday party

(adsbygoogle = window.adsbygoogle || []).push({});


<!–

View Comments

–>

var disqus_shortname = «teslarati»;
var disqus_title = «Tesla brings out Cybertruck, ATV and Roadster at company holiday party»;
var disqus_url = «https://www.teslarati.com/tesla-cybertruck-atv-roadster-appearance-holiday-party/»;
var disqus_identifier = «teslarati-124209»;

Comments
Teilen:

Rivian’s new ‹Guardian Mode› will safely move passengers without any driver present


A new patent submitted by electric car maker Rivian aims to create a safe traveling experience without anyone actually operating the vehicle. This would allow the vehicle to transport individuals who are not fully-competent to operate a vehicle to a destination without having a driver present.

Rivian named the patent “Systems and Methods for Operating an Autonomous Vehicle in a Guardian Mode,” and filed it to the United States Patent Office on June 11, 2019. The patent would create a new mode that could allow a physical driver to not actually be present for the duration of a trip. It would instead give the vehicle’s owner the option to request a ride for someone who is not capable of legally or safely operating the vehicle, like a child or a senior citizen. The company calls this capability “Guardian Mode.”

Using examples like a child needing a ride home from school, Rivian mentions that the development of autonomous vehicles are allowing for safe travel without someone having to be in direct control of the vehicle. However, there is the possibility for someone who is not fully competent to still control the car and make use of the vehicle’s autonomous features to travel, even if they are not legally able to.

(adsbygoogle = window.adsbygoogle || []).push({});

Rivian explains this point further in the following section:

Modem autonomous vehicle technology allows an autonomous vehicle to transport passengers between destinations without being directly controlled by a human driver. Consequently, it is now possible for an autonomous vehicle to transport a user who is not fully competent (e.g., a child user, a senior citizen user, or a mentally challenged user) without a fully competent user being present. However, in such a situation, a user who is not fully competent may misuse the capabilities of the autonomous vehicle while in transit. Such misuse may lead to undesirable situations (e.g., a child requesting to go to a wrong location), or even dangerous situations (e.g., a child opening a door while the car is still in motion, or a child unbuckling a seat belt). Consequently, what is needed is an autonomous vehicle with a mode of operation that is appropriate for transporting users who are not fully competent.”

The new “Guardian Mode” would be activated by initially having a user request a destination for their vehicle. Subsequently, the vehicle would ask the user if it would be operating in “Regular Driving Mode” with a driver present, or in “Guardian Mode” without someone directly operating the vehicle. The car would then decide upon a route of travel based on this selection.

Figure 4 of Rivian’s Patent that describes the decision-making process for its new “Guardian Mode”. (Credit: US Patent Office)

“Guardian Mode” would give the person who is present some freedoms within the vehicle, like radio or music operation, climate control, opening or closing windows, or in some cases, request a destination change. All of these options would be enabled or disabled by the owner of the car. They would input a PIN or passcode that would activate or deactivate each of these settings. The patent also states that the vehicle would be in constant connection with a laptop or smartphone to allow for communication between the vehicle and the owner.

In October, Rivian submitted a different patent for a control system that would customize a user’s ability to control certain functions within the vehicle. This was an attempt to increase the safety of the company’s fully-autonomous platform because they recognized that not everyone should have access to some features of the vehicle.

In an attempt to create a safer road, Rivian’s several patents geared toward the development of fully-autonomous driving are a recognition that there are loopholes within the overall framework of the idea. While self-driving vehicles are new and exciting and safer than humans in many ways, there are certain functions that are open for user abuse. One incident of a child getting behind the wheel of an autonomous car could spell disaster for the entire industry and may set back autonomous traveling technology back several years. Before the world commits to a fully autonomous driving future, the industry’s leaders must confront the obvious issues. The submission of these patents is proof that Rivian is facing these challenges head-on.

Rivian’s new ‹Guardian Mode› will safely move passengers without any driver present

(adsbygoogle = window.adsbygoogle || []).push({});


<!–

View Comments

–>

var disqus_shortname = «teslarati»;
var disqus_title = «Rivian's new 'Guardian Mode' will safely move passengers without any driver present»;
var disqus_url = «https://www.teslarati.com/rivian-guardian-mode-patent-no-driver-transportation/»;
var disqus_identifier = «teslarati-124104»;

Comments
Teilen:

Tesla (TSLA) closes in on $420 as shorts choke on $2 billion loss


Tesla stock (NASDAQ:TSLA) has set new records once more, with shares breaking the $400 barrier on Thursday’s opening bell. Together with a new record market cap of $72 billion, TSLA stock’s recent displays of strength have given yet another massive blow to short-sellers. 

That’s a blow worth over $2 billion and a step towards the proverbial $420 per share mark that CEO Elon Musk quoted during a brief attempt at taking Tesla private last year. 

S3 Partners Managing Director of Predictive Analytics Ihor Dusaniwsky noted in a recent update that as of Thursday, TSLA shorts have swallowed $2.16 billion in 2019 mark-to-market losses. As per the executive’s previous statement, levels beyond $390 per share could signify the start of short covering for TSLA stock. This could result in even more gains for the electric car maker. 

(adsbygoogle = window.adsbygoogle || []).push({});

Tesla remains a heavily shorted company, but short interest in the electric car maker has been at a decline. This means that while there are still a significant number of short-sellers pushing for Tesla’s failure, their numbers are already decreasing, and more may be on the way out as the company continues its rise. Even on Wednesday, for example, Dusaniwsky remarked that there was already a slight squeeze happening. 

Sentiments appear to be improving in Tesla’s favor, at least for the near future. As the company closes in on the end of the year, reports suggest that Model 3 sales are as healthy as ever. With Tesla’s all-electric mass-market sedan saturating the auto industry’s biggest markets, even Wall Street analysts who have expressed reservations about the vehicle in the past are starting to become more optimistic. 

Morgan Stanley’s Adam Jonas, who has adopted both bold and cautious stances in the electric car maker in the past, recently came out with a note. Jonas included a brief anecdote in his note, highlighting the actual impact of the Tesla Model 3 and its inherent disruption, even in places that one may not expect. 

“Last night, I was walking through the streets of Madrid’s Barrio de Salamanca…passed a red Tesla Model 3 dual motor parked on side of the road, sandwiched between two compact diesels. Here I am in the middle of the Spanish capital looking at a $60k product that is manufactured in California. Not just ‘Made in the US.’ It’s made in Silicon Valley. With Silicon Valley input costs, regulations, taxes, and workers paying Silicon Valley rents,” Jonas wrote

If Dusaniwsky’s predictions prove accurate, an actual “Short Burn of the Century” might actually happen soon. In the meantime, Tesla seems poised to end 2019, a year that saw over two-year-lows, the strongest it has been in its history. 

As of writing, Tesla stock is trading +3.00% at $404.96 per share. 

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

Tesla (TSLA) closes in on $420 as shorts choke on $2 billion loss

(adsbygoogle = window.adsbygoogle || []).push({});


<!–

View Comments

–>

var disqus_shortname = «teslarati»;
var disqus_title = «Tesla (TSLA) closes in on $420 as shorts choke on $2 billion loss»;
var disqus_url = «https://www.teslarati.com/tesla-tsla-420-per-share-short-burn-v3-2-billion-loss/»;
var disqus_identifier = «teslarati-124102»;

Comments
Teilen:

Tesla to roll out Full-Self driving ‘sneak preview’ and new games in holiday software update


Tesla CEO Elon Musk is gifting Tesla owners a holiday software update that includes Full Self-Driving ‘sneak preview’, popular role-playing video game Stardew Valley, Lost Backgammon, among other things.

Most notably, Musk piqued the curiosity of the Tesla community and fans alike on Twitter when revealing that a preview of its upcoming Autopilot self-driving feature would be made available soon. While he didn’t go into detail, based on statements made in October during the company’s quarterly earnings call — an early access of feature-complete Full-Self Driving was to be released by year-end.

“While it’s going to be tight. It still does appear that we will be at least in limited… in early access release of a feature-complete Full Self-Driving feature this year,” said Musk during the Q3 2019 earnings call.

(adsbygoogle = window.adsbygoogle || []).push({});

With feature-complete FSD, Musk explained that the car will be able to drive without human intervention but it would still be supervised. He described it as a Tesla that’s able to drive from one’s house to work autonomously but requiring supervision and intervention from time to time.

Earlier this month, Tesla rolled out 2019.40.2 version of its software to some electric vehicle owners and this update includes features such as Adjacent Lane Speed Adjustments and Stop Sign Detection that are essential to achieving FSD.

In addition to the new games that will bolster the existing Tesla Arcade lineup that includes Chess, Cuphead, Beach Buggy Racing 2, and more, Tesla may surprise owners with new streaming video services as part of the “other things” being referenced.

Holiday software updates are nothing new for Tesla. In year’s past, the electric carmaker has rolled out holiday-themed Easter Eggs such as Santa Mode, Romance Mode, and arguably its flashiest Easter Egg of all – the Model X Holiday Light Show.

Do you have an early update? Let us know! DM us @teslaratiapp on Twitter, Facebook, or email us at tips@teslarati.com.

Tesla to roll out Full-Self driving ‘sneak preview’ and new games in holiday software update

(adsbygoogle = window.adsbygoogle || []).push({});


<!–

View Comments

–>

var disqus_shortname = «teslarati»;
var disqus_title = «Tesla to roll out Full-Self driving ’sneak preview› and new games in holiday software update»;
var disqus_url = «https://www.teslarati.com/tesla-full-self-driving-sneak-preview-ota-holiday-update/»;
var disqus_identifier = «teslarati-124194»;

Comments
Teilen:

Tesla China focuses on hiring at Gigafactory 3 as Model 3 production ramps


Tesla is looking to beef up its workforce in China, and if recent job listings are any indication, it appears that the company is aiming to hire more frontline workers for Gigafactory 3 in Shanghai.

Reports out of China say that Tesla will be conducting a job fair on Dec. 28, 2019, specifically for production line positions such as assembly, powertrain, welding, painting, stamping, quality control, logistics, among others.

Tesla Model S and Model X owner @Ray4Tesla shared the job posts via Twitter, detailing positions to be filled at Gigafactory Shanghai’s final assembly workshop, stamping workshop, painting workshop, and quality department. Roughly translated from Chinese, the post is asking applicants to send in their resumes for initial screening.

(adsbygoogle = window.adsbygoogle || []).push({});

As Tesla prepares to deliver the first Made-in-China Model 3 units to local customers by next month, the electric car manufacturer is also getting ready to ramp up production of the Model 3 to meet the demands in the  largest market for mid-sized premium sedans. Tesla also believes that the country could become its biggest market for the Model 3.

The electric carmaker’s production line at the 210-acre Shanghai facility is estimated to be be producing around 1,000 Model 3 units per week according to local reports. This could be a good boost to help Tesla achieve its goal of producing 360,000 to 400,000 this year. Initially, Tesla plans to produce around 250,000 units per year at the Gigafactory 3 and this will eventually rise to 500,000 vehicles annually.

Tesla has been raising its game in China as recent sightings show that the parking lot at the Shanghai facility is teeming with activities, with more transport trucks coming and going to bring locally-made Model 3s to delivery centers and showrooms across China. Likewise, workers are seen building a temporary parking lot that will possibly hold more Model 3 units rolling off the production line.

Tesla raked in $669 million in revenues from China during Q3 of 2019 and roughly $2.138 billion for the first nine months of the year. These numbers represent about 10.6 percent and 12.4 percent of the company’s total revenue, respectively. One can only expect these figures to go up as Gigafactory Shanghai hits its full production potential.

Analysts in China are optimistic with the entry of Tesla in the country’s EV market. “Tesla is a very famous and hot brand in China. It is not only an EV car brand to consumers, but also a brand of high-technology image,” said senior analyst at Shanghai-based consultancy LMC Automotive Alan Kang.

Tesla China focuses on hiring at Gigafactory 3 as Model 3 production ramps

(adsbygoogle = window.adsbygoogle || []).push({});


<!–

View Comments

–>

var disqus_shortname = «teslarati»;
var disqus_title = «Tesla China focuses on hiring at Gigafactory 3 as Model 3 production ramps»;
var disqus_url = «https://www.teslarati.com/tesla-gf3-hiring-ramp-mic-model-3-jobs/»;
var disqus_identifier = «teslarati-124036»;

Comments
Teilen:

Tesla’s Elon Musk shares MCU1 retrofit target timeframe, estimates $2k upgrade cost


Elon Musk has provided new details about Tesla’s Media Control Unit (MCU) retrofits for vehicles that are equipped with older infotainment systems. According to the CEO, MCU1 to MCU2 retrofits may start in a few months, though he does not personally recommend it, especially considering its estimated $2,000 cost. Musk has instead suggested that Tesla will release an update to older cars that can optimize the performance of their existing MCUs.

Musk’s recent statements were shared on Twitter while the CEO was interacting with Tesla owners, some of whom owned MCU1-equipped vehicles. The limitations of the older hardware have become more prominent over time, particularly as Tesla rolled out media-heavy features such as the Tesla Theater and the Tesla Arcade. Similar to older hardware in mobile devices, MCU1 vehicles have become slower compared to the company’s newer vehicles like the Raven Model S and X, as well as the Model 3.

(adsbygoogle = window.adsbygoogle || []).push({});

Elon Musk has previously stated that MCU1 retrofits would be offered to owners whose vehicles are still equipped with older hardware. The CEO confirmed this following the initial rollout of MCU2 vehicles, and the idea was reiterated after the release of the company’s new Tesla Arcade titles. That being said, a number of Tesla owners have been informed by local service centers that an MCU1 to MCU2 retrofit was not possible.

For the uninitiated, Tesla’s MCU1 is equipped with an Nvidia Tegra 3 processor, which is capable but a tad slower than its newer sibling. Meanwhile, the MCU2 runs on an Intel Atom E800 series chip and comes with a faster browser. The unit also renders videos with sound, giving it the capability of running new features such as the Tesla Theater, which includes video streaming apps such as Netflix and YouTube, as well as video games in Tesla Arcade. All Tesla Model 3s run on MCU 2, as well as Model S and Model X units purchased after March 2018. Customers who bought their Model S and X prior to March 2018 use the MCU1.

Many Tesla owners whose vehicles are equipped with MCU1 have been clamoring for an update to avail of features only enjoyed by those using the newer system. Tesla has not left those on MCU1 in the dark and has rolled out several updates to improve the performance of the older infotainment systems. That being said, the gap between the actual capabilities of Tesla’s MCU1 hardware and its MCU2 features such are growing, and it has pretty much reached the point where the infotainment systems of older vehicles are significantly slower than those in newer cars.

In a way, Elon Musk’s recent statements hint that Tesla’s current priority is the rollout of its Hardware 3, which is essential for its Full Self-Driving initiatives. Retrofits for HW2.5 vehicles have already begun, and HW2 vehicles are expected to follow soon. HW3 is Tesla’s custom-designed computer that replaces the old Nvidia computer used for HW 2.5. As noted by Tesla during its Autonomy Day presentation, Hardware 3 was specifically built to achieve true Full Self-Driving capabilities and can enhance the electric car’s processing capability by as much as 1,000 percent.

Nevertheless, it would be wise for Tesla to start rolling out its MCU1 retrofits for older vehicles, even if it’s later than expected. Considering that Tesla owners have shown a willingness to pay for the retrofit, and the CEO himself has confirmed that the upgrade is possible, it is in both Tesla and its customers’ best interest to make sure the vast majority of its fleet are able to enjoy the best that the company has to offer — even if it’s just for infotainment purposes.

Tesla’s Elon Musk shares MCU1 retrofit target timeframe, estimates $2k upgrade cost

(adsbygoogle = window.adsbygoogle || []).push({});


<!–

View Comments

–>

var disqus_shortname = «teslarati»;
var disqus_title = «Tesla's Elon Musk shares MCU1 retrofit target timeframe, estimates $2k upgrade cost»;
var disqus_url = «https://www.teslarati.com/tesla-mcu1-retrofit-date-price-elon-musk-update/»;
var disqus_identifier = «teslarati-124043»;

Comments
Teilen:

SpaceX fairing recovery ships return to port with Falcon 9 nosecone and battle scars


Four days after they headed out into the Atlantic Ocean, twin SpaceX fairing recovery ships Ms. Tree and Ms. Chief have returned to port with both halves of a Falcon 9 fairing, although they appear to have picked up some battle scars along the way.

Ms. Tree and its near-identical sibling Ms. Chief departed Port Canaveral on December 14th and arrived on station – 790 km (490 mi) off the coast of Florida – some 36 hours later. Each outfitted with a quartet of arms and pair of nets, it was the first time both ships successfully made it out into the Atlantic for a simultaneous fairing catch attempt, having been foiled by high seas during a prior November outing.

For unknown reasons, after the duo’s November false start, both ships stopped for almost two weeks at a South Carolina port, perhaps indicating that SpaceX was concerned about the structural integrity of the ships’ seemingly fragile net mechanism. In February 2019, Mr. Steven (now Ms. Tree) lost two of its four arms while heading downrange for an attempted catch, apparently broken off by pitching caused by high seas. Further strengthening the case that their net mechanisms are rather fragile, both Ms. Tree and Ms. Chief again suffered damage after their Kacific-1/JCSAT-18 Falcon 9 fairing recovery attempt.

(adsbygoogle = window.adsbygoogle || []).push({});

Both ships arrived back at Port Canaveral on December 18th and were caught by Teslarati photographer Richard Angle while passing through the narrow mouth of the port. GO Ms. Chief took the lead, revealing a Falcon 9 fairing half snugly secured with a tarp on her deck – the ship’s very first launch vehicle hardware recovery.

GO Ms. Chief sails past the mouth of Port Canaveral, marking the end of its first true Falcon fairing recovery mission. (Richard Angle)

First (partially) successful fairing recovery quite literally under wraps, Ms. Chief nevertheless did not make it through the rite of passage unscathed. Oddly, it appears that just one of the ship’s eight white arm supports is missing (the rear right or aft starboard arm), visibly resulting in the arm slouching a bit compared to its siblings. Intriguingly, it appears that the arm is partially stretching – and thus potentially resting on – Ms. Chief’s net and rigging.

The fact that only one of the arm’s two beams (of eight total) seems to have failed is more immediately indicative of possible human error during installation or a defective attachment mechanism, although it’s entirely possible that a fluke of weather could have damaged just the one beam.

Both Ms. Tree and Ms. Chief suffered damage during their Kacific-1/JCSAT-18 fairing recovery mission, the latest sign that their nets and arms are surprisingly fragile. (Richard Angle)

Thankfully, Ms. Tree (formerly Mr. Steven) appears to have made it through the recovery mission with all four arms fully intact, although the ship clearly struggled with a separate mechanism. Notably, Ms. Tree seems to have struggled to use its secondary net to lift its fairing half out of the sea and onto her deck, with that smaller net clearly suffering a multitude of rips and tears at some point during the process. Her recovered fairing half is somewhat awkwardly strewn on the deck with no obvious attempt to rectify the issue, indicating that the net may have torn mid-lift, causing the fairing to fall maybe 5-10 feet.

If it did actually fall onto Ms. Tree’s deck, that will almost certainly be visible in the form of damage to its aluminum-composite honeycomb structure and white insulation coating.

Ultimately, fairing recovery continues to prove itself to be a major challenge, although SpaceX obviously has no intention of giving up. With two successful catches already in hand, it’s clear that fairing recovery is undeniably possible and is more a matter of tweaking existing systems than starting from scratch. Much like Falcon 9 booster recovery had and its fair share of failed landings even after the first success, it will likely take quite a while for SpaceX to optimize fairing recovery to the point that it can be considered reliable.

For now, routine fairing recovery and reuse will likely continue to be Falcon 9’s white whale, at worst adding to the excitement of every SpaceX satellite launch.

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

SpaceX fairing recovery ships return to port with Falcon 9 nosecone and battle scars

(adsbygoogle = window.adsbygoogle || []).push({});


<!–

View Comments

–>

var disqus_shortname = «teslarati»;
var disqus_title = «SpaceX fairing recovery ships return to port with Falcon 9 nosecone and battle scars»;
var disqus_url = «https://www.teslarati.com/spacex-fairing-recovery-ships-port-return-battle-scars/»;
var disqus_identifier = «teslarati-123945»;

Comments
Teilen: