Tesla glory/failure

[Rascal Dog]

Kind of a rapid iterative process with humans.

When a 3 year old does it, we call it a temper tantrum.

[NeilT]

Kind of a rapid iterative process with humans.

Not popular but, yes, I think so.

[gerontocrat]

Kind of a rapid iterative process with humans.

Not popular but, yes, I think so.

Replace employee loyalty with employee fear (& loathing?)

[NeilT]

Replace employee loyalty with employee fear (& loathing?)

Tesla is still a startup company with multiple levels of startups within it.  The attitude of resistance is not tolerated and the managers should have known better.

I don't care if they are the largest EV manufacturer in the world, their mission statement is not to rest on their laurels and glow in the achievement, but to expand it to 20m vehicles, challenge everything and change it if there is a better way. Change at Tesla is not an issue, only standing still and demanding that you keep on doing what you have been doing.

Elon is amenable to approaches.  One is acceptance but with inclusion.  Like "OK Elon we'll do it but we need to workshop the options with you".

Resistance?  Flattened.

If they workshop and Elon can't see a way through he will work with them to find another way.  But insisting that your way is the only way and that Elon can't demand otherwise? 

Dogmeat.

There will be a new Supercharger team.  Some of them will be re-hires from the old one.  But the new team will be in Zero doubt about the mission.

Remember the FSD video labelling team?  Realised they were a key part of Tesla FSD delivery and started to act like it?  Tesla automated their job and dismissed them.  FSD V12 was delivered faster because they were gone and a solution had to be found.

I've been pretty clear from the outset that I'm too old and too jaded to work for Tesla or SpaceX.  I don't have enough to give or enough time left in my working life to build a career in it and I simply don't want to work that hard.

But take me back 30 years and that is an environment I would have loved to work in.

People who want to work 9-5 and aim at simple low grade targets?  Go work for GM.

[Sigmetnow]

U.S. stock index futures fell on Wednesday as downbeat results dragged chip stocks and markets exercised caution ahead of more economic data and the Federal Reserve's interest rate decision later in the day.

Fed officials said in a policy statement Wednesday, “In recent months, there has been a lack of further progress towards the committee’s 2% inflation objective.”

IF… the long overdue recession finally does happen this year, Tesla’s recent cutbacks will seem prescient.  Tesla could be seeing signs others do not. 

ALSO:
- We’ve seen at least one other company already rebranding V4 Superchargers and installing them in the UK. 
- The Tesla NACS format is now the standard for North America — charging companies have pledged to include it in retrofits as well as future installations. 
 
- So new Superchargers WILL happen… and Tesla doesn’t even have to pay for them!

[Jim Hunt]

Via @KiwiEV

[The Walrus]

U.S. stock index futures fell on Wednesday as downbeat results dragged chip stocks and markets exercised caution ahead of more economic data and the Federal Reserve's interest rate decision later in the day.

Fed officials said in a policy statement Wednesday, “In recent months, there has been a lack of further progress towards the committee’s 2% inflation objective.”

IF… the long overdue recession finally does happen this year, Tesla’s recent cutbacks will seem prescient.  Tesla could be seeing signs others do not. 

ALSO:
- We’ve seen at least one other company already rebranding V4 Superchargers and installing them in the UK. 
- The Tesla NACS format is now the standard for North America — charging companies have pledged to include it in retrofits as well as future installations. 
 
- So new Superchargers WILL happen… and Tesla doesn’t even have to pay for them!

I seriously doubt they have that much foresight.  Their cuts were simply in response to lackluster sales.

[Sigmetnow]

U.S. stock index futures fell on Wednesday as downbeat results dragged chip stocks and markets exercised caution ahead of more economic data and the Federal Reserve's interest rate decision later in the day.

Fed officials said in a policy statement Wednesday, “In recent months, there has been a lack of further progress towards the committee’s 2% inflation objective.”

IF… the long overdue recession finally does happen this year, Tesla’s recent cutbacks will seem prescient.  Tesla could be seeing signs others do not. 

ALSO:
- We’ve seen at least one other company already rebranding V4 Superchargers and installing them in the UK. 
- The Tesla NACS format is now the standard for North America — charging companies have pledged to include it in retrofits as well as future installations. 
 
- So new Superchargers WILL happen… and Tesla doesn’t even have to pay for them!

I seriously doubt they have that much foresight.  Their cuts were simply in response to lackluster sales.

Both may be closely related….

[Espen]

Hybrid Cars Are Surging in Popularity Over EVs. Here’s the Real Reason They’re So Popular.

"There simply isn’t enough room in the U.S. market for more high-priced BEVs. A $25,000 BEV is another story."

https://www.barrons.com/articles/hybrid-ev-car-sales-tesla-vehicles-f88ba6e7

[Sigmetnow]

U.S. stock index futures fell on Wednesday as downbeat results dragged chip stocks and markets exercised caution ahead of more economic data and the Federal Reserve's interest rate decision later in the day.

Fed officials said in a policy statement Wednesday, “In recent months, there has been a lack of further progress towards the committee’s 2% inflation objective.”

IF… the long overdue recession finally does happen this year, Tesla’s recent cutbacks will seem prescient.  Tesla could be seeing signs others do not. 

ALSO:
- We’ve seen at least one other company already rebranding V4 Superchargers and installing them in the UK. 
- The Tesla NACS format is now the standard for North America — charging companies have pledged to include it in retrofits as well as future installations. 
 
- So new Superchargers WILL happen… and Tesla doesn’t even have to pay for them!

I seriously doubt they have that much foresight.  Their cuts were simply in response to lackluster sales.

Both may be closely related….

High interest rates are choking consumers, the main economic engine.  Even sales of BYD’s “We don’t compete with Tesla” less-expensive EVs have plummeted.

BYD profits decline 47% quarter-over-quarter in Q1 2024
April 30, 2024

BYD sold 300,114 battery electric vehicles (BEVs) in the first quarter, down from 526,000 in the fourth quarter of 2024.

For comparison, Tesla’s deliveries also declined in the first quarter by 8.5% year-over-year. Tesla delivered a total of 386,810 units in Q1 2024, hampered by many challenges, including an arson attack on Tesla Giga Berlin. 

In March 2024, BYD set lower sales growth goals for the year. …

“Overall demand for EVs [in China] is set to fall in 2024, as consumers refrain from buying items such as cars due to concerns about job prospects and incomes. A 20% increase will not be easy to achieve, given the current weak market sentiment,” said Zhao Zhen, a sales director at Wan Zhuo Auto—a car dealer in Shanghai. 

https://www.teslarati.com/byd-profit-decline-q1-2024/

[NeilT]

As all the other vehicle manufacturers report after Tesla, it looks like Tesla was unfortunate to report first.

Everyone in the EV business is having a bad Q1 and many not in the EV business too.

[The Walrus]

U.S. stock index futures fell on Wednesday as downbeat results dragged chip stocks and markets exercised caution ahead of more economic data and the Federal Reserve's interest rate decision later in the day.

Fed officials said in a policy statement Wednesday, “In recent months, there has been a lack of further progress towards the committee’s 2% inflation objective.”

IF… the long overdue recession finally does happen this year, Tesla’s recent cutbacks will seem prescient.  Tesla could be seeing signs others do not. 

ALSO:
- We’ve seen at least one other company already rebranding V4 Superchargers and installing them in the UK. 
- The Tesla NACS format is now the standard for North America — charging companies have pledged to include it in retrofits as well as future installations. 
 
- So new Superchargers WILL happen… and Tesla doesn’t even have to pay for them!

I seriously doubt they have that much foresight.  Their cuts were simply in response to lackluster sales.

Both may be closely related….

High interest rates are choking consumers, the main economic engine.  Even sales of BYD’s “We don’t compete with Tesla” less-expensive EVs have plummeted.

BYD profits decline 47% quarter-over-quarter in Q1 2024
April 30, 2024

BYD sold 300,114 battery electric vehicles (BEVs) in the first quarter, down from 526,000 in the fourth quarter of 2024.

For comparison, Tesla’s deliveries also declined in the first quarter by 8.5% year-over-year. Tesla delivered a total of 386,810 units in Q1 2024, hampered by many challenges, including an arson attack on Tesla Giga Berlin.

In March 2024, BYD set lower sales growth goals for the year. …

“Overall demand for EVs [in China] is set to fall in 2024, as consumers refrain from buying items such as cars due to concerns about job prospects and incomes. A 20% increase will not be easy to achieve, given the current weak market sentiment,” said Zhao Zhen, a sales director at Wan Zhuo Auto—a car dealer in Shanghai.

https://www.teslarati.com/byd-profit-decline-q1-2024/

Not so sure about that.  Overall car sales rose 5% in the first quarter, despite Teslas woes.

https://apnews.com/article/auto-sales-strong-electric-vehicle-sales-slow-70a663fbc0719ebda7a4ca814c2827d2

[nadir]

Via @KiwiEV

As long as it runs and steering wheel and pedals work, that is already more useful than the average “Foundational” Tesla Lemon-Truck.

The number of cases in Reddit, Twitter, etc of Lemon-Trucks requiring repair, even multiple times for same truck, in these few months is astounding. Very frustrated people learning and sharing knowledge about the Lemon Laws of their respective states to get a reimbursement or a new Lemon-Truck from Tesla… what a show.

[nadir]

A real idiot risking his fingers to demonstrate the frunk door of the Tesla cybertruck is not dangerous, … only it kinda is!

https://x.com/factschaser/status/1786230048514625709

[NeilT]

That's not how liquid capital markets work. You give way too much credit to these fabled shorts. The price is set by a meeting of buyers and sellers, and people are not as stupid as you think, each has their own considerations.
If you think the price is too low, just buy.
I happened to sell my own (meager) long position today, following the sharp "FSD" rise.

Actually I haven't seen such a mountain of BS since Elon bought Twitter.  It was totally relentless, lies, twisted truth, masaged figures and it just didn't stop.  Much like the 2022 "Elon is going to step down and sell all his shares" meme which went on and on and on.

Not all shareholders actually know Tesla or Elon, many simply saw it as a good buy which was appreciating.

The number of people I saw talking about selling Tesla low and buying Nvidia at the top was incredible.

A meeting?  Maybe.  But this was a rout driven by a veritable tsunami of incorrect and carefully positioned, "information".

[NeilT]

A real idiot risking his fingers to demonstrate the frunk door of the Tesla cybertruck is not dangerous, … only it kinda is!

https://x.com/factschaser/status/1786230048514625709

Which is why the did an OTA and changed the sensitivity.

[Sigmetnow]

Walmart has taken delivery of a Tesla Semi, as spotted in California
By Zachary Visconti May 4, 2024
https://www.teslarati.com/walmart-tesla-semi-california/
 
➡️ pic.twitter.com/YCLJ6E7E9q  2 pics, & the 7-sec drive-by ⬇️


7 sec

 
—- Giga Berlin news

Brandenburg's Environment Minister Vogel confirms that Tesla's water consumption in 🇩🇪 Giga Berlin is not above average but, on the contrary, below average.

"Tesla is a lesson: we absolutely need a water check when settling here", "And secondly, Tesla has been put under enormous pressure to reduce its water consumption. And they have done so."

"The quantities for the e-car plant are nothing in comparison to the really large water consumers in Brandenburg," said Vogel. …

5/2/24, https://x.com/alex_avoigt/status/1786038558291104248
 
—-

Activists against 🇩🇪 Giga Berlin announce Further Actions
 
The activists in the protest camp in Giga Berlin have announced actions against the expansion of the factory for the coming week. Tesla has already responded to the citizen's wishes of the vote and has worked out a compromise but the activists want to protest anyway.
 
… The state and the police then lodged an appeal with the Berlin-Brandenburg Higher Administrative Court (OVG) and the result is still pending.
 
For the Brandenburg Ministry of the Interior, the forest squatters are a source of danger for fires. There is currently a medium risk of forest fires throughout Brandenburg. This is according to data from the Brandenburg Ministry of the Environment. Furthermore, the squatters have felled trees and are polluting the plantation as there are no sanitary facilities.
 
The occupation does not hinder Tesla and Giga Berlin to continue their work and the part of the plantation they occupy does not hinder any works therefore is assume that the Tesla Management is relaxed about the situation.

5/5/24, https://x.com/alex_avoigt/status/1787055238173569228
 
➡️ pic.twitter.com/awBY1WSz4E  Pic of trees with structures, signs, and a tent.

 
—- FSD in China

Chris Zheng
Tesla has indeed reached a cooperation with Baidu on compliance processing of sensor data, including data classification, coordinate deflection, and data desensitization.
 
Tesla has established data annotation and FSD operation teams in China.
Everything is ready.
   —
Tesla has a data center in Shanghai, so I think they will complete the training in China

5/2/24, https://x.com/chriszheng001/status/1786027712580292733

 
Herbert Ong
$TSLA's Big Break: $2.3 Billion Boost from China's FSD Approval w/ Brian White
• Bank of America projects that if Tesla receives approval for its FSD system in China, it could contribute $2.3 billion to Tesla's annual earnings by 2030
• With the expected adoption of FSD in China, Tesla could earn up to half a billion dollars in yearly revenue if 25% of the estimated 1.6 million Tesla owners in China subscribe to the service
• FSD could set a new industry benchmark for software, potentially leading to regulations mandating advanced driver assistance systems
5/4/24,  https://x.com/herbertong/status/1786962469149360367
 
➡️ pic.twitter.com/FATFFhoHpM  20 min

 

Warren Buffett on $TSLA's FSD tech:
 
"If accidents gets reduced 50%, it's going to be bad for insurance company's volume but good for society. But good for society is what we're looking for."
 
• Tesla has been considering entering the insurance business directly or indirectly, though its success in this area remains uncertain.
• Buffett acknowledges that a drop in accidents could reduce costs for insurance companies, though achieving that outcome poses significant challenges.
• However, he raises concerns that higher repair costs might offset the expected reduction in accidents brought about by technology.
• He also believes that automation shifts expenses from operators to equipment providers.
 
Video: CNBC Television ➡️ pic.twitter.com/FYEwY4FVA9  4 min
 

5/5/24, https://x.com/herbertong/status/1786970178577916025 

[nadir]

Do not use the not so smart Summon app of your Tesla



“The insanity of releasing another safety-critical feature in Beta”

[nadir]

 

Warren Buffett on $TSLA's FSD tech:
 
"If accidents gets reduced 50%, it's going to be bad for insurance company's volume but good for society. But good for society is what we're looking for."
 
• Tesla has been considering entering the insurance business directly or indirectly, though its success in this area remains uncertain.
• Buffett acknowledges that a drop in accidents could reduce costs for insurance companies, though achieving that outcome poses significant challenges.
• However, he raises concerns that higher repair costs might offset the expected reduction in accidents brought about by technology.
• He also believes that automation shifts expenses from operators to equipment providers.
 
Video: CNBC Television ➡️ pic.twitter.com/FYEwY4FVA9  4 min
 

5/5/24, https://x.com/herbertong/status/1786970178577916025 

Isn’t that the same Warren Buffett which company Berkshire Hathaway doesn’t own a single Tesla share?

Buffett answers a question, he includes a big “IF” in his obvious answer, but anyway it’s circus times for the Cult 🤡🤡🤡

[Sigmetnow]

Do not use the not so smart Summon app of your Tesla

The new AutoPark feature of v12.3.6 is awesome.  Used it a bunch last weekend.  Great new UI, too.
 
Here’s a tricky AutoPark that required a 6-point turn to accomplish:
 

FSD v12.3.6 - Updated Autopark
Difficulty: 🔴 

5/4/24, https://x.com/fsddreams/status/1786880519415935482
 
➡️ pic.twitter.com/JttXDHB3Gl 1:30 Difficult parking spot with a semi truck and other parked cars blocking the way.

[Sigmetnow]

➡️ pic.twitter.com/0OgwA9oEEC  2 min. Using Tesla Autopark in a parking garage.
|
Pure AI vision auto park.
Coming soon, your Tesla will take you to your destination and park automatically, unless you ask it otherwise.
5/3/24, 10:17 PM https://x.com/elonmusk/status/1786580768829079744
|
< The last piece of the puzzle.
|
Actually Smart Summon & Banish (autopark) with no one in the car coming soon
5/4/24, 2:58 PM. https://x.com/elonmusk/status/1786832816065626462

=====

NEWS: Costco has taken delivery of a Tesla Semi.
⬇️ pic.twitter.com/vZSYeH2tBg

Joaquin
Tesla semi at Costco in Santa Cruz. Driver loved the drive over highway 17. And down it! 
5/6/24, 9:08 PM  https://x.com/joaquin03114400/status/1787650741307576702   
 
pic.twitter.com/0oVWnFNQY8 10 sec. At a loading dock.

[nadir]

A real idiot risking his fingers to demonstrate the frunk door of the Tesla cybertruck is not dangerous, … only it kinda is!

https://x.com/factschaser/status/1786230048514625709

And here comes a second one… seriously isn’t enough idiocy to just have bought that car?

[nadir]

Another one bites the dust

[kassy]

Add some wings and it looks like a decent time machine. 

[nadir]

Some news today about US prosecutors looking into whether Tesla committed fraud by misleading investors about Tesla self-drive capabilities.

https://finance.yahoo.com/news/exclusive-tesla-autopilot-probe-us-120112772.html

[nadir]

Musk will have to be very careful with what he announces on 8/8

[NeilT]

Musk always has to be careful.  Didn't you see the part where he stated that running a public company was an exercise in being continuously sued.

[Sigmetnow]

Some news today about US prosecutors looking into whether Tesla committed fraud by misleading investors about Tesla self-drive capabilities.

https://finance.yahoo.com/news/exclusive-tesla-autopilot-probe-us-120112772.html

We have heard these BS stories of Autopilot / FSD being “examined” and “investigated” for years, like this story from 2022.
 
No charges will ever be brought, for the simple reason that the technology is real.
 
This is a news plant from short sellers.
 
⬇️ pic.twitter.com/UBrqDxtaSD 

[Sigmetnow]

Reuters:  “Tesla to shut down production at German plant for 4 days”
 
Truth: Thursday is a holiday in Germany. The plant normally is shut Saturday and Sunday. Thus, Friday is a good day to close for changes.
 
Reuters: “Tesla confirms ‘one day’ shut down at German factory on May 10”

Sawyer Merritt
UPDATE: Senior Director of Manufacturing at Tesla's Giga Berlin factory, André Thierig, confirms to me that there's a planned one-day production shutdown this Friday. Not four days as some of the media has been saying.
Thanks André!

André Thierig
Correct. One day planned production shutdown.
 
< For context: there is a holiday on Thursday in Germany. Almost all of Germany doesn't work this Friday. If you want to do changes, this is the perfect long weekend.

5/7/24, https://x.com/sawyermerritt/status/1787913115608162597

[Sigmetnow]

—- FSD updates

Elon Musk
Probably start rolling out 12.4 next week
 
Farzad
Cannot wait to see the improvements. With FSD v12, the 12.X releases have been pretty major.  This version should take advantage of Tesla’s big jump in training compute.
 
Elon Musk
12.4 has almost completely retrained models. The final touches are for comfort, as it sometimes accelerates or brakes too fast for most people’s taste.
 
12.5 and 12.6 are in various stages of testing. We’re getting into rare, complex situations, for example: going down a narrow, one-way road, encountering a road closure and having to reverse out to find a new route. 
 
That closure also needs to be communicated to the rest of the fleet, so you don’t get a whole bunch of Teslas stuck down a road 😂

5/8/24, https://x.com/elonmusk/status/1788236700709175700

AI DRIVR
No steering wheel nag with FSD 12.4!
Seems like the right time to remove it honestly. Whenever I let people try FSD, biggest pain point is explaining how much force to apply without disengaging. Driver monitoring with cameras is going to be way better and more comfortable
5/8/24, 10:26 PM  https://x.com/aidrivr/status/1788395137179230566
 
  —-
Farzad
Elon Musk insinuates that the nag present in FSD that asks the driver to lightly pull on the wheel will be removed in 12.4.
@elonmusk can you confirm? If true this is a pretty big deal.
 
Elon Musk
Yes

5/8/24, https://x.com/elonmusk/status/1788390997547708524

 
—- China - FSD

Chris Zheng
China Daily reporters have learned exclusively from multiple sources that Tesla has proposed to launch Robotaxi in China. The Chinese government may first support its testing and demonstration in China, but has not yet fully approved the full implementation of its FSD in China.

5/7/24, https://x.com/chriszheng001/status/1788011008747037107
 
China may support Tesla's local testing of robotaxi, report says
The Chinese government will likely support Tesla's local testing of robotaxi, but did not immediately approve its widespread use of FSD features, according to local media.
https://cnevpost.com/2024/05/08/china-may-support-tesla-testing-robotaxi-report/

—-
 

Lin Bin is co-founder and vice chairman of Xiaomi. [a 14-year old cellphone company, now making EVs as well.]
He came to America to personally experience FSD and here is his feedback based on his first test drive on April 26, 2024:
 
“Just went to the Tesla store to experience the FSD v12. Started from the parking lot, went onto the highway, merged into traffic, got off the highway, went to the city, and finally returned back to the parking lot. It took more than 10 minutes to travel 10 kilometers. Although there are not many vehicles, there is no need for high-precision maps and no LIDAR, it is completely based on pure visual modeling. I'm very impressed. “
 
Further comments from him: “FSD feels like a human driver. Look forward to going for a test drive in a more crowded place”.

4/29/24, https://x.com/ray4tesla/status/1784987176452940273
 
Lin Bin is familiar with automous driving systems — his own company offers two….
Xiaomi’s Pilot Pro and Pilot Max (which adds LiDar to the Pro’s ‘visual only’ set-up) “smart driving systems” have reportedly covered over 10 million kilometres of testing.
https://www.topgear.com/car-news/electric/xiaomi-has-unveiled-its-tesla-rivalling-su7-saloon

    —-
To further experience FSD, Lin Bin announced on his Weibo account that he bought a Model Y.
5/7/24, https://x.com/ray4tesla/status/1787836801237057567
 
Xiaomi Co-Founder Buys Tesla Model Y After Testing FSD Technology in the US
https://eletric-vehicles.com/tesla/xiaomi-co-founder-buys-tesla-model-y-after-testing-fsd-technology-in-the-us/

=====
 

We're having a massive moment with Tesla's FSD progress right now, yet so few people have any idea that it's even happening.
 
• FSD 12 was a huge step change forward
• 1.8 million Teslas got a free 30 day FSD trial
• Tesla's fleet is now doing 1 billion FSD miles every 2-3 months (vs 1 billion every 3 years)
• FSD (Supervised) v12.4 will get rid of the steering wheel nag (coming in 1-2 weeks)
• Tesla is finally no longer compute constrained, allowing them to improve FSD MUCH quicker. The company's compute capacity will increase at least 6x this year.
• Preliminary approval to launch FSD (Supervised) in China.
• Swedish Transport Administration Advisor praises Tesla's FSD "smoothness and natural driving" after being given a test ride on German roads 2 weeks ago. …
 
These are exciting times.

5/8/24, https://x.com/sawyermerritt/status/1788396600273821715
 
pic.twitter.com/tgJRC9HzZ5 30 sec. Camera view with labels

[Sigmetnow]

—- NEWS: Energy Digital has ranked Tesla the #1 energy storage company in the world.
 
Top 10: Energy Storage Companies
… With demand for clean, reliable and efficient energy continuing to climb, companies pioneering innovative storage technologies have a spotlight shone on them to ensure the future and success of the energy landscape.
 
In this week’s Top 10, Energy Digital takes a deep dive into energy storage and profile the world’s leading companies in this space who are leading the charge towards a more sustainable energy future.

1. Tesla
 
Tesla has been growing its energy storage business in recent years. Established as a key player in the electric automotive industry, it has diversified its offerings to include battery storage — now one of its strongest offerings. Tesla Energy’s energy storage business has never been better. Despite only launching its energy storage arm in 2015, as of 2023 the company had an output of 14.7GWh in battery energy storage systems. Its portfolio includes storage products like the Powerwall and the Megapack.
 
Tesla is widely regarded as pioneering the future of energy thanks to its work in solar and battery storage, leading the renewable energy sector by providing innovative and efficient solutions for homeowners and businesses alike.

https://energydigital.com/top10/top-10-energy-storage-companies

➡️ https://youtu.be/SA3SdlKBtyc&feature=youtu.be
1 min. “Cal Flats” solar, Tesla 240 MWh battery, one of the largest in the US

——
EDIT: other recent megapack projects:
 
https://forum.arctic-sea-ice.net/index.php?topic=1150.msg400676#msg400676

[nadir]

Some news today about US prosecutors looking into whether Tesla committed fraud by misleading investors about Tesla self-drive capabilities.

https://finance.yahoo.com/news/exclusive-tesla-autopilot-probe-us-120112772.html

We have heard these BS stories of Autopilot / FSD being “examined” and “investigated” for years, like this story from 2022.
 
No charges will ever be brought, for the simple reason that the technology is real.
 
This is a news plant from short sellers.
 
⬇️ pic.twitter.com/UBrqDxtaSD

The technology is not real. There are exactly ZERO cars in the world that are capable of “Full self-driving”, apart from those certified Level 4/5 for robotaxis in some cities (Waymo etc)

Yet, Teslas in 2018 and onwards were sold with the “Full Self-Driving Capability” in the specs. That’s incredibly misleading, it’s fraud.

As is the 2016 fake video that Musk supervised himself.

But let US prosecutors do their job.

[nadir]

Just to reiterate: no Tesla car has ever had Full Self-Drive capability. Neither hardware nor software ready for FSD. Tesla fans love to emphasize Tesla vehicles’ hardware has been ready for full-self drive since 2018. That is no more than speculation, since no demonstration that FSD is possible with present or past hardware has ever done. Tesla FSD has never existed and doesn’t exist. Only a partial solution fraudulently named Full Self Drive, in beta (who installs a safety-critical feature in beta mode on public roads for everyone! and who allows it!), which actually it is a Level 2 assist with all the liability falling to the driver.

This is the truth and the facts.

[Sigmetnow]

The technology is not real.

Bursting a blood vessel about a naming convention does not change the fact that the technology absolutely exists. 

[The Walrus]

The technology is not real.

Bursting a blood vessel about a naming convention does not change the fact that the technology absolutely exists.

Actually, it does not.  There are some versions that approach that, but nothing is capable of fully replacing the driver.

[Sigmetnow]

The technology is not real.

Bursting a blood vessel about a naming convention does not change the fact that the technology absolutely exists.

Actually, it does not.  There are some versions that approach that, but nothing is capable of fully replacing the driver.

Tesla’s system is more capable than Waymo and Cruise, which operate without a driver.

[Sigmetnow]

Elon Musk
 
Just to reiterate: Tesla will spend well over $500M expanding our Supercharger network to create thousands of NEW chargers this year.
That’s just on new sites and expansions, not counting operations costs, which are much higher.

5/10/24, https://x.com/elonmusk/status/1788834859110002716

Tesla Charging account on 𝕏 releases its first public statement since the restructuring:

Tesla Charging
 
Since 2012, Charging has been a pillar of Tesla's mission, providing dependable freedom to travel.
 
Supercharging is the largest network globally, with the highest capital + operational efficiency, and we will continue to sustain & grow the network.
 
Thank you to site hosts & suppliers for your patience as we restructure internally! 

5/10/24, 1:10 PM  https://x.com/teslacharging/status/1788979832551801114

—-
NEWS: Tesla Australia has shared a Supercharger update.
"We've heard concerns about recent changes to the Supercharger program; The Supercharger network is still core to Tesla's mission; The network will continue to be expanded. Projects currently in construction are continuing to be completed and put into operation." 
 
Tesla Australia just issued this email update on the Supercharger Network. pic.twitter.com/lfhZmCqYiJ 
5/10/24, https://x.com/lethissinkin/status/1788819377967772133
 

Tesla Australia
Supercharger Network Update
We've heard concerns from our Tesla community about recent changes to the Supercharger program and would like to provide an update on the network in Australia:
 
Core to the Mission - The Supercharger network is still core to Tesla's mission of accelerating the world's transition to sustainable energy.
Reducing costs and increasing efficiency are important for fulfilling our mission and remain a priority.
 
Customer Experience is Key - Customer experience for charging continues to be a top priority for the Supercharger network and we continue to focus on the ease of charging, competitive pricing and investing in the charging experience holistically.
Expansion of Network - The Supercharger network will continue to be expanded. Projects currently in construction are continuing to be completed and put into operation.
 
NSW Fast Charging Grant Program & QLD Electric Vehicle Charging
Infrastructure Scheme — Tesla will continue to move forward with participating in these programs.
 
Service and Support - Supercharger sites are continuing to be serviced and maintained by our team, with operational support being provided.
Thank you for continuing to support our mission to accelerate the world's transition to sustainable energy.

——
Tesla Charging
New Tesla Supercharger: IOI City Mall Putrajaya, Malaysia (4 stalls)
pic.twitter.com/1Ajy6ZrY5e 
5/9/24, https://x.com/teslacharging/status/1788747817869312282

 
—- NEWS: Oil giant BP wants to buy Tesla Supercharger sites in the U.S.
 
Company’s EV arm plans to spend $1 billion to grow its network and wants fired Tesla workers, too.
May 9, 2024

BP Plc’s electric vehicle charging arm is eager to snap up Tesla Inc. supercharging sites across the US — along with the workers behind them — and has pledged $1 billion to expand its network.
 
The company said it “is aggressively looking to acquire real estate to scale our network, which is a heightened focus following the recent Tesla announcement.” It plans to spend $1 billion by 2030, half of it within the next two to three years to install over 3,000 charging points across the US. A key part of the strategy is building large-scale hubs with 12 or more chargers that it calls Gigahubs.
  
“If there are stranded real estate partners who are looking for someone to call, they should feel free to pick up the phone and call me or look me up on LinkedIn,” Sujay Sharma, chief executive officer of bp pulse Americas, said in an interview with Bloomberg.
 
BP last year signed a deal to procure about $100 million of Tesla supercharger hardware, with the deployment expected to start later this year and early 2025, the CEO said.
…

https://www.bloomberg.com/news/articles/2024-05-09/bp-keen-to-buy-tesla-supercharging-sites-for-us-expansion
{paywalled}

 
—- FSD free trial expanded

NEWS: Tesla owners in North America who were on software branch 2024.8.9 are now starting to receive the latest software version 2024.14.5, which means they now have access to Tesla’s FSD (Supervised) free trial!
 
A LOT of people were unable to try the FSD free trial because they were stuck on the older 2024.8.9 software, but that’s fixed now. 
5/9/24, https://x.com/sawyermerritt/status/1788698512751726796

Not a Tesla App
Tesla update 2024.14.5 includes FSD v12.3.6, which means that users on 2024.8.9 are finally eligible to receive FSD v12
notateslaapp.com/software-updat…  [ https://t.co/DdTPoUAuyJ ]
5/9/24, https://x.com/notateslaapp/status/1788699101875310799

——
Brett Winton @wintonARK
Waymo now driving 40,000 miles per day
 
Tesla doing roughly 15,000,000 FSD miles per day and perhaps 200,000,000 miles daily across the fleet.
In war that will be won by data, the company with the largest number of endpoints will win.
 
< Tesla's fleet is driving 375x more miles on FSD per day than Waymo's fleet is driving.
 
<< According to regulatory filings by Waymo, 75% of their miles driven in California in 2023 had a human driver.
   —-
3,669,962 miles out of 4,858,890 were test miles with a human driver
pic.twitter.com/JeI1hb6LPC Spreadsheet

Waymo (Supervised)…

 
—- GigaBerlin
The Anti-Tesla activists brake through the police lines and reach the fence of #Gigafactory. Police seems disoriented.
#DisruptTesla #Grünheide
5/10/24, 6:48 AM  https://x.com/thebrakenet/status/1788883769186783435
➡️ pic.twitter.com/ir64DfY8qL  10 sec.  Group of hooligans (some holding hands, others holding umbrellas) run toward the building.

Via Google Translate:
Activists tried to storm the Tesla site near Berlin
10.05.2024

… The police have been on standby for days and today the announced escalation actually occurred: As the Tagesspiegel reports, activists tried to get onto the Tesla site on Friday. The activist platform The Break published videos showing people running towards the Tesla site. Police officers can also be seen using pepper spray and batons against the protesters, many of whom were masked.

The police did not want to give precise details about the number of activists, but confirmed that arrests had been made and that criminal investigations had been initiated. There were also actions in the wider area around the Gigafactory, including protests and sit-ins. According to the police, the situation calmed down over the course of Friday afternoon, as many of those involved made their way back to the protest camp.

https://winfuture.de/news,142757.html

[nadir]

Meanwhile, the Tesla fandom on Twitter is showing fissures and cracks, particularly from those who like their Teslas, like the initial Tesla objectives (as a car company), but are very skeptical of the recent CEO moves and the situation and perceived direction of the company.

Seems folks with common sense and critical thinking are starting to show up en masse among that community.

[NeilT]

Interestingly the moves by Tesla which the car lovers don't like will create a situation where car owners will be less of the value of the company.

Worried the revenue that Tesla gets from their product will be less than the revenue from the other products and therefore receive a bit less focus?

I see BS on X all the time.  Whataboutism.  What about "THIS".  Oh that, did Tesla announce it?  No but someone who is not Tesla did and therefore clearly TELSA IS FAILING AND WILL GO BANKRUPT.

The noise right now about production and deliveries is epic.  Yet if you look closely you find that those making the noise are having to work harder and harder to make their case.

However the noise is so loud right now that even those with a normally level headed view are finding it hard to work out if there is a problem or not.

[nadir]

The noisiest camp, the most reactive in Twitter, and the one that has greatest visibility given by the Musketeer of Free Speech has always been those Tesla irrational fans for whom Musk always is right and for whom any negative Tesla news must be contested and considered trolling and FUD. These guys are rabid right now. I even think they are being reorganized toward the 8/8 by creation of communities moderated by WMC and friends. I suspect Musk is behind all this. He is using his mega-platform for whatever his purposes require. We got WMC already spreading rumors that Tesla has an “unsupervised” FSD build, just preparing the narrative toward the 8/8…

[zenith]

we're heading into a recession (or worse), people are broke and can't afford $hit.
https://www.youtube.com/@MichaelBordenaro/videos

europe is already basically in recession, hovering around 0% growth.

the tesla delusional can screech all they want.

[zenith]

begin at 13 minutes... it really is just sad how badly they're made. who would pay $100k for instant junk?

TEARING APART my Tesla Cybertruck made my mechanic want to RETIRE!!! And we found something BROKEN?

[nadir]

What is amazing is how it leaks water. No wonder a simple carwash may void the warranty. Also it explains videos like that one where the car crosses a pond and dies… and Musk said it would be used as a boat in “not too choppy seas”. 😂😂😂

But incredibly enough, that thing is being sold used for $150,000 and north of that. It’s currently really demanded in the US. I guess some people just need to burn money.

[Sigmetnow]

Of those who downloaded the free FSD trial, how many subsequently subscribed to it?

Sawyer Merritt
30,078 votes later, here are the final results. Taking away the "See Results" votes we get:

• Subscribed: 44%
• Didn't subscribe: 56%
 
Note: My followers are more likely to subscribe than the average Tesla owner, but still good to see the data.
 
< James Stephenson @ICannot_Enough
Your followers are also likelier to have also purchased or subscribed to FSD before the free trial program was announced:
explaining the high See Results rate
and
making the Yes count less inflated than it would have been were FSD subscriptions not available previously
 
SM: True

5/12/24, https://x.com/sawyermerritt/status/1789627531353530705

 
=====
 
Tesla just announced APR financing from 0.99% when you order any new Model Y by May 31, 2024.
“Model Y starts at $31,490** after the Federal Tax Credit and estimated gas savings.
Design yours or pre-qualify for financing to get started.”
 

Sawyer Merritt
 
Been getting a decent amount of DMs from followers buying Model Ys after Tesla introduced the special loan rate of 0.99% APR in the U.S.
Here's a few messages I've gotten: pic.twitter.com/WVFI3chQXT 
< Just turned a gas car person into a model y person in under 2 hours
< I ordered my Tesla Y because of your 0.99% APR tweet. Getting it tomorrow. Long Range Model Y, stealth gray, black rims, white interior! So excited!!!

5/13/24, https://x.com/sawyermerritt/status/1790060064776040938

 
—- GigaBerlin / protests

Elon Musk
…. Protesters did not manage to break through the fenceline. There are still 2 intact fence lines all around.
 
Note, this is “National Protest Week” in Germany, so there are a lot of protests for many different reasons.

5/10/24, https://x.com/elonmusk/status/1788935167374946335
 
—-

Alex @alex_avoigt
🇩🇪 Germany's Vice Chancellor and Economics Minister Habeck on the protests against Tesla and Giga Berlin
 
Habeck: "There are limits to protest. In Grünheide, this boundary is easy to find: It is the border fence of the company premises."
 
"That's where the protest ends and criminal liability begins. Protesters are always responsible for ensuring that their actions remain non-violent and do not become radicalized."
 
Habeck also described the protest as "wrong" on the merits. "It is directed against every car factory",
 
He concluded, however, no one could have an interest in Germany without car production. "We are campaigning for the cars of the future to be produced here - and for jobs and added value to be kept here. And Tesla also builds such cars," said Habeck
 
According to the police headquarters in Potsdam, 76 criminal charges have been filed since Wednesday during the entire operation, mainly for violations of the assembly law, coercion in road traffic, acts of resistance, breach of the peace and damage to property. There were also 23 custodial measures.
 
Habeck belongs to the Green party and is a voice of reason and with regards to Tesla his statement is supported by in my opinion the majority of Germans.

5/13/24, https://x.com/alex_avoigt/status/1789919148178383357

[nadir]

Estimating the rate of folks who tried the FSD supervised and took it by using a poll from a Sawyer Merritt’s post is like polling how many people believe in AGW in this forum and extrapolating that to the world.

Sigmetnow I thought you were an advanced scientifically centered person.

[NeilT]

Estimating the rate of folks who tried the FSD supervised and took it by using a poll from a Sawyer Merritt’s post is like polling how many people believe in AGW in this forum and extrapolating that to the world.

Sigmetnow I thought you were an advanced scientifically centered person.

Well it's as scientific as the other figure of 2% being bandied about because a company took a 1,000 person "representative" poll...

[John_the_Younger]

Someone claims (guesses) EV sales in the U.S. will increase from 6.9% in 2023 to 8% in 2024.  Isn’t that a 15+% increase?  Given how many non-Tesla companies are reducing efforts to sell EVs, I’ll hazard a guess that Tesla will reap much of the increase. Do any of you think the increase won’t happen?

[The Walrus]

Someone claims (guesses) EV sales in the U.S. will increase from 6.9% in 2023 to 8% in 2024.  Isn’t that a 15+% increase?  Given how many non-Tesla companies are reducing efforts to sell EVs, I’ll hazard a guess that Tesla will reap much of the increase. Do any of you think the increase won’t happen?

I don’t.  Total vehicle sales rose 5% in the U.S. in the first quarter, but EV sales rose just 2.7%.  Much of that slippage is due to the slowdown in Tesla sales, down 8.5%.  So I doubt Tesla will reap any benefits.

[kiwichick16]

China is the leader     .....all others are struggling ......looking like another version of the Japanese 1960's / 1970's revolution

[zenith]

USA GDP Q1 2024 - +1.6%
Germany GDP Q1 2024 - +0.2%

lots of talk of inflation, bank failures, record consumer debt and currency crises - the dashboard has all the red lights lit up.

Enron? Bernie Madoff? Elizabeth Holmes? yes, yes and yes!

Largest Fraud in American History, but run by a Clown!