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Tesla enthusiasts and renters have something to celebrate as Hertz, the renowned rental car company, takes its partnership with Tesla to the next level. In a move that enhances the rental experience, all Hertz rentals now provide full access to the Tesla mobile app, adding a host of valuable features for users.   Previously, Hertz had made a significant commitment to Tesla by announcing plans to purchase 100,000 Tesla vehicles in October 2021. This decision opened the door for renters to enjoy the driving experience of Tesla’s Model 3 and Model Y, among other electric vehicles like the Polestar 2. Now, with the integration of the Tesla mobile app, Hertz renters can elevate their driving experience further. A simple QR code, conveniently located on the lower left-hand side of the infotainment center, unlocks a world of possibilities. By scanning this QR code, drivers can seamlessly pair their mobile app with the rented Tesla vehicle, a process made effortlessly simple. The advantages of using the Tesla mobile app extend beyond the convenience of using your phone as a car key. Renters can also enjoy features like remote battery preconditioning, real-time charge status tracking, and the automatic transfer of cloud profile settings. For those who have configured their preferences in their own Tesla, this feature ensures that your settings seamlessly transfer to your rental vehicle. Hertz’s commitment to electrification doesn’t end with Tesla rentals. The company has made strides in promoting electric mobility, partnering with ride-sharing giant Uber to offer drivers discounted weekly rental rates. This forward-thinking approach positions Hertz as a leader in the electric vehicle rental market. Tesla had previously hinted at developing custom software builds tailored for rental companies and specific use cases. The Hertz-Tesla app integration is a testament to Tesla’s commitment to enhancing the rental experience, and it’s likely just the beginning of such developments. Hertz’s push for electrification gained further momentum last year with an investment in a self-service EV rental app in partnership with UFODRIVE. This initiative aims to streamline the booking process for Model 3 rentals, making it even easier for customers to embrace electric mobility. As the world transitions towards sustainable transportation, Hertz is poised to remain at the forefront, offering an extensive range of electric vehicles and innovative solutions to meet the evolving needs of renters. With the convenience of the Tesla mobile app now at their fingertips, Hertz renters can look forward to an enhanced and seamless driving experience. ======= Source: Teslarati

Tesla continues to lead the electric vehicle (EV) charging game, recently reaching a significant milestone with the installation of its 50,000th Supercharging stall. This achievement was commemorated with a special charging stall that stands out from the rest. Unlike the standard white and red design, this celebratory charging stall is entirely red, reminiscent of the striking Ultra Red color used on Tesla’s Model S and Model X vehicles. A distinctive label reading “No 50,000” is also proudly displayed near the bottom of the dispenser.   While Tesla didn’t specify the exact location of this remarkable Supercharger, clues from Tesla’s NACS charging connector suggest it’s likely in North America. Tesla enthusiasts quickly pieced together the puzzle, identifying the milestone stall in Roseville, California, part of the Sacramento area. The newly minted Supercharger is situated at 1851 Freedom Way, Roseville, CA, and it’s poised to attract a lot of attention, at least temporarily, from the local Tesla community. Despite its unique appearance, there’s no indication that this special charging stall differs in terms of power output or charging cost compared to standard units; it should operate as a typical 250-kilowatt Supercharger. Tesla’s Supercharging network is already the largest among all fast-charging networks, with well over 5,000 stations located globally. The company’s commitment to rapid expansion suggests it will maintain its lead in the near future. In the coming years, Tesla plans to make Superchargers more accessible to non-Tesla electric vehicles through a pilot program and the adoption of Tesla’s NACS charging connector (in North America) by other automakers. This move will open up the extensive Supercharger network to a wider range of EV users, enhancing the overall EV charging landscape. As competition heats up in the charging sector, EV drivers can look forward to more options and improved services, from charging power and pricing to locations and amenities, ensuring a convenient and reliable charging experience.   ========== Source: InsideEVs  

In the world of car thefts, where over one million vehicles were stolen in the US last year alone, the Highway Loss Data Institute (HLDI) data from 2020 to 2022 reveals some fascinating insights into vehicle thefts. While many car owners are increasingly concerned about safeguarding their vehicles, there’s a bright spot in this grim scenario – Tesla’s Model 3 and Model Y are among the least stolen cars on the market. Let’s delve into what makes these Tesla electric vehicles (EVs) so unappealing to car thieves and explore some other options for keeping your car secure.   Tesla’s Model 3 and Model Y: Unattractive to Thieves Despite being known for their luxury, advanced technology, and relatively high price tags, Tesla’s Model 3 and Model Y have an unexpected advantage – they don’t attract the attention of car thieves. It’s a revelation worth exploring, especially when you consider that these EVs are designed to enhance your lifestyle, and they don’t come cheap. The Model 3, which is now available with significant discounts, starts at an MSRP of $40,240 for the rear-wheel-drive version. The all-wheel-drive variant with improved range is priced at $47,240, and the high-performance trim, which unlocks more horsepower from the same dual motors as the Long Range version, comes in at $53,240. On the other hand, the Model Y offers two trims: the Long Range at $50,490 and the Performance at $54,490. Surprisingly, it’s not the price that makes these Teslas less attractive to thieves. Rather, it’s the security features and technology Tesla packs into its vehicles. Tesla’s cars are equipped with numerous cameras and connected features that enable remote operation, but what sets them apart is a surveillance system called Sentry Mode. Sentry Mode: A Thief Deterrent Sentry Mode is a game-changer when it comes to car security. It activates when the car detects someone approaching too closely and continues working even when the vehicle is parked and turned off. The system utilizes cabin cameras to record any potential wrongdoers in action, making identification easier. These recordings are accessible through the Tesla app, allowing victims to share them with law enforcement. Moreover, Tesla vehicles feature GPS functionality within the official app, enabling owners to track their cars on a detailed map. This means that locating the stolen vehicle is significantly simplified, leaving thieves with nowhere to hide. But the list of cars with low theft frequency doesn’t stop at the Model 3 and Model Y. Several other vehicles are equally unattractive to car thieves, including the Volvo XC90, GMC Acadia, Tesla Model X, Volvo XC40, Tesla Model 3 (again), Chevrolet Trailblazer, Lexus UX 250, and Volvo XC60. Safety Measures to Protect Your Vehicle If your car isn’t on the list of vehicles with low theft frequency, you can take several precautions to ensure it doesn’t become a target. Parking in well-lit areas with functioning surveillance cameras is always a wise choice. For those residing in suburban or high-risk areas, motion-activated lights can be a deterrent for potential thieves. Additionally, consider investing in a steering wheel lock, which adds an extra layer of security to your vehicle. It might not be as high-tech as Tesla’s security features, but it serves as a physical barrier against theft. Lastly, don’t forget to check the list of most stolen vehicles. While owning one of these cars may not make you a target, it can lead to higher insurance premiums or even difficulty securing coverage, as some Hyundai and Kia models have experienced. In a world where vehicle thefts are a growing concern, choosing a car that’s unattractive to thieves can provide peace of mind. Tesla’s Model 3 and Model Y, with their advanced security features, stand out as prime examples of how technology can be used to safeguard your investment. Whether you own a Tesla or not, taking proactive measures to protect your vehicle is essential in today’s world. ========= Source: AutoEvolution

In the electric vehicle (EV) revolution, the supporting infrastructure of charging stations is paramount. The ability to charge vehicles efficiently and reliably is crucial to the widespread adoption of EVs, and Tesla’s Supercharger network is a shining example in this realm. Here are the key notes of J.D. Power, an automotive research firm since 2021.J.D. Power as been polling EV owners about their experiences at public charging stations.     The Importance of Public Charging The data collected highlights the significance of public charging in the transition from fuel-burning cars to battery-powered vehicles. While many EV owners can charge at home, a comprehensive shift to electric transportation necessitates solutions for on-street parking and longer journeys. Challenges in Public Charging According to the data, 21% of EV owners faced issues attempting to charge at a public station in the first quarter of 2023, up from 15% in 2021. Various problems contributed to this failure rate, including broken displays, software bugs, severed power cords, and gas-guzzling drivers monopolizing charging spots. In stark contrast, Tesla’s public “Superchargers” showcased exceptional reliability, with only 4% of Tesla owners reporting a charging failure in the same period. The seamlessness and efficiency of Tesla’s charging stations set a new standard, standing out amidst the evolving EV landscape. Tesla’s Unique Approach Tesla’s Supercharger network stands out not only for its reliability but also for being one of the largest public charging networks built, owned, and operated by a major automaker. Tesla’s strategic vision and early investment in charging infrastructure have paid off, solidifying its position as an industry leader. Tesla owners laud the ease of using Superchargers: drive up, plug in, wait 15 to 30 minutes to charge, unplug, and drive off. These stations are usually equipped with numerous chargers, reducing waiting times for users. Historically, only Tesla drivers have been able to utilize Supercharger stations, creating an exclusive and efficient charging experience.   Challenges in Charging Port Standardization Unlike Tesla’s unified charging experience, other charging networks are fragmented. The charging port locations vary across different vehicles, even within the same automaker’s lineup. This variance complicates parking and charging logistics and can lead to vehicle incompatibility issues with specific chargers. Tesla’s strategic move to open up its charging standards has far-reaching implications. By allowing other EVs to use Tesla Superchargers through adapters, Tesla is fostering a collaborative approach in the EV industry. This shift positions Tesla as a central player in electricity provision, emphasizing a new way of approaching the automotive industry. Furthermore, Tesla’s decision to make its stations public charging points aligns with its goal of promoting sustainable transportation for all. This initiative not only benefits other EV owners but also qualifies Tesla for significant federal funding earmarked for public charging infrastructure. With Tesla’s new Supercharger strategy, the company can monetize its charging network further by collecting fees from non-Tesla vehicle owners. As more automakers choose to adopt Tesla’s connector standards, it ensures Tesla vehicle owners always have easy access to public charging, making their EV experience more convenient.   What is next: Tesla’s Charging Network Leadership Tesla’s Supercharger network has redefined the standard for EV charging infrastructure. Its strategic vision, customer-centric approach, and commitment to collaboration within the industry have positioned it as a leader in the EV charging landscape. Tesla’s emphasis on a seamless and efficient charging experience highlights its dedication to driving the EV revolution forward. As the industry continues to evolve, Tesla’s Supercharger network will undoubtedly play a crucial role in shaping the future of electric transportation.   ======= Source: Wired

In a recent note, analysts at Morgan Stanley have made a bold prediction that Tesla’s cutting-edge Dojo supercomputer could be the catalyst behind a staggering $500 billion surge in the electric vehicle (EV) manufacturer’s market value. This forecast sent Tesla’s stock soaring by over 6% during early trading, underlining the significance of Dojo in the EV giant’s future.   Headed by long-time Tesla analyst Adam Jonas, the Morgan Stanley team envisions Dojo as a pivotal driver of new revenue streams, primarily through the widespread adoption of robotaxis and software services. Drawing parallels with Amazon Web Services, the analysts believe that Dojo could elevate Tesla’s profitability to unprecedented heights, emphasizing the company’s position as both an automaker and a tech powerhouse. Dojo, an in-house supercomputer, has been in development at Tesla for approximately five years, specifically designed to train artificial intelligence (AI) systems for complex tasks. These tasks range from enhancing Tesla’s driver-assistance system, Autopilot, to powering the ambitious “Full Self-Driving” initiative. What sets Dojo apart is its potential to unlock “new addressable markets that extend well beyond selling vehicles at a fixed price.” In essence, it could revolutionize how Tesla generates revenue, expanding its horizons far beyond traditional vehicle sales. Morgan Stanley’s analysts also highlight two key upcoming events in the Tesla calendar. Firstly, they eagerly anticipate the unveiling of the latest version of Tesla’s Full Self-Driving system, expected later this year. Secondly, they have their eyes on Tesla’s next AI day, scheduled for early 2024 (although the exact date remains unconfirmed). While Tesla’s stock has already doubled in value since the beginning of the year, it is important to note that it has not yet reached its all-time high of $414.50 from November 2021. Despite this, Tesla maintains its position as the world’s most valuable carmaker, with a market capitalization of approximately $788.74 billion as of the recent market close. Dojo’s significance lies in its potential to supercharge Tesla’s AI capabilities, particularly in the realm of computer vision technology that underpins autonomous driving. While Tesla initially teased Dojo at its AI Day in 2021, it was still in the early stages of development. Subsequent updates in 2022 indicated progress, but it wasn’t until this summer that Dojo began its gradual deployment, with a goal of achieving a 100 Exa-flop capacity by the end of 2024. Morgan Stanley’s Adam Jonas underscores the transformative potential of Dojo, describing it as an asset that could add an astounding $500 billion in value to Tesla. Beyond advancing self-driving technology, Dojo may also become a direct revenue generator, aligning with CEO Elon Musk’s vision.   ====== Source: CNN / Electrek

Vermont-based utility, Green Mountain Power, has achieved remarkable success with its Tesla-based Virtual Power Plant (VPP) initiative. The VPP, comprising 4,800 Powerwall units with a collective capacity of 27 megawatts, has not only saved residents $3 million in peak electricity costs but has also played a crucial role in maintaining power supply during severe winter storms.   Since 2015, Green Mountain Power has been at the forefront of using small solar panels and home energy storage to enhance grid performance. The company subsidized customers who installed battery backup systems in their homes, leveraging these batteries to reduce grid expenses for all customers during peak demand periods. Over time, the VPP has expanded significantly, growing to its current size of 4,800 batteries. The state of Vermont has experienced a series of weather-related disasters, including winter storms, floods, and heatwaves. Consequently, the demand for home batteries surged as more customers sought resilient power solutions. Government regulators imposed annual caps on program enrollment, resulting in a growing waitlist for Tesla Powerwalls that stretches until 2026. However, a significant development occurred on August 18 when the Vermont Public Utility Commission lifted the annual cap, allowing Green Mountain Power to meet the rising demand from customers without restrictions for the next three years. Customers opting for Powerwall units pay the utility $55 per month with no deposit, and payments cease after a decade. Afterward, households can use the system for free until it reaches the end of its life cycle, at which point the utility handles its recycling. Alternatively, customers who purchase and install their own battery systems receive substantial incentives, receiving up to $10,500 to offset their costs. The VPP’s impact extends beyond cost savings for individual users. By using Tesla Powerwalls strategically, Green Mountain Power reduces overall electricity demand during peak hours, resulting in significant savings for all customers. In recent years, the VPP has successfully lowered annual peak costs by an impressive $3 million. This remarkable success story underscores the potential of virtual power plants and home battery systems in bolstering grid resilience, reducing costs, and advancing sustainability goals. Green Mountain Power’s innovative approach demonstrates how clean energy technologies can benefit both utilities and consumers, even in the face of adverse weather conditions. ========= Source: Tesmanian

In a rapidly evolving landscape of commercial logistics, the Tesla Semi has emerged as a game-changer, significantly impacting the sustainability goals of major corporations like Pepsi. With 21 Tesla Semis now in operation at Pepsi’s facility in Sacramento, California, the beverage giant is making significant strides toward reducing its carbon footprint. These electric trucks, alongside battery forklifts, Ford eTransit vans, and other Battery Electric Vehicles (BEVs), are playing a pivotal role in Pepsi’s multi-year effort to operate its full logistical load in a more sustainable manner.   Amanda DeVoe, Pepsi’s Transformation and Strategy Director, emphasized the importance of battery electric vehicles in their operations. Given Pepsi’s daily delivery routes covering predominantly under 100 miles, which typically run for around 12 hours a day, EVs are a perfect fit. According to DeVoe, “Battery electric vehicles are essential for us.” The Tesla Semi, specifically, has become indispensable to the company’s short-range travel needs, shuttling goods from Pepsi’s distribution warehouse in Sacramento to various destinations. While most of the Tesla Semis in Pepsi’s fleet cater to short-range deliveries, three of them are dedicated to long-haul routes spanning 250 to 450 miles. Dejan Antunović, Pepsi’s Electrification Program Manager, highlighted the Semi’s efficiency during long-haul journeys, particularly on the return trip from Sacramento to Nevada. Regenerative braking allows the Semis to recapture energy, enhancing their range significantly. To support these electric giants, Tesla’s Megacharger network ensures rapid charging, with vehicles reaching a 95 percent state of charge within 20 to 30 minutes. The drivers and fleet managers also commend the Semi’s comfortable interior and user-friendly design, making it an attractive choice for long hours on the road. However, what makes Pepsi’s EV transition even more remarkable is its accelerated timeline. The adoption of EVs at the plant, driven by the Tesla Semi, has pushed the project years ahead of schedule. The Tesla Semi at NACFE’s “Run on Less – Electric DEPOT” The Tesla Semi isn’t just making waves at Pepsi’s facility; it’s also the center of attention at the North American Council for Freight Efficiency’s (NACFE) event, “Run on Less – Electric DEPOT.” This three-week-long assessment of electric vehicle fleets will feature 21 commercial EVs, but the Tesla Semi stands out as the star of the show. NACFE’s event, dedicated to tracking the performance and activity of these electric trucks, aims to provide a comprehensive understanding of the benefits and challenges of battery electric trucks in commercial applications. One of the key focuses is evaluating the total electric energy and fuel usage across all trucks on a daily basis, shedding light on the potential energy savings when Class 8 trucks transition to EVs. Participating trucks cover various scenarios, including urban delivery, fruit and vegetable deliveries, terminal tractor applications, short-haul and long-haul transport, business and residential package delivery, and more. Among the fleet, two Tesla Semis from Pepsi’s Sacramento depot are being closely monitored during heavy-load long-haul transport operations. Mike Roeth, NACFE’s Executive Director, acknowledges the significance of fleets investing in electric vehicles, especially within depot operations. He notes the benefits and challenges, particularly surrounding infrastructure and charging, and highlights the importance of leading fleets sharing their experiences with the broader industry.  =======  Source: Teslarati Tesla Semi Takes the Lead Among the 21 EVs in the assessment, the Tesla Semi stands out prominently. NACFE’s press release explicitly mentions the Semi, and it’s no surprise why. The Semi’s potential to revolutionize commercial transport is on full display, backed by real-world data from events like “Run on Less – Electric DEPOT.”  

The Tesla Cybertruck is set to begin deliveries in the coming months, and several prototypes of the unique electric pickup have been spotted over the past few weeks. In the meantime, Tesla has apparently begun a fun, new mission for the Cybertruck on the side — trolling other automakers. Above: A model of the Tesla Cybertruck (Image: Casey Murphy / EVANNEX). A Tesla Cybertruck featuring wrap made to mimic the Toyota Tundra was spotted in recent weeks, as was posted on the Cybertruck Owners Club forum. The news comes after Tesla last year debuted a Ford F-150-wrapped Cybertruck as an answer to CEO Jim Farley who called out Tesla CEO Elon Musk last year at the F-150 Lightning presentation. Toyota’s Tundra pickup truck is a direct competitor to the upcoming Cybertruck, so it shouldn’t come as too much of a surprise to see Tesla poking some fun at the competition. Tesla intentionally chose to wrap the Cybertruck in the green color to troll the Toyota Tundra internal combustion engine (ICE) pickup truck. Like the previous F-150-wrapped Cybertruck, this new Tundra-wrapped unit was spotted near the Tesla Engineering HQ in Palo Alto, California. On the prototype, Tesla pasted the front and rear light stickers of a Toyota Tundra over the Cybertruck wrap, as depicted in a short video from Joe of the Cybertruck Owners Club. The video shows the Tundra-wrapped Cybertruck from both front and rear. Tesla is taking trolling to the next-level!They now wrapped a Cybertruck to make it look like an ugly green Toyota Tundra 😂Posted by @CybertruckOC member ModelAZ | Source: https://t.co/uZtRUfDDt7 pic.twitter.com/CAcZSG64R9 — Sawyer Merritt (@SawyerMerritt) August 26, 2023 Above: Tesla Cybertruck wrapped as a Toyota Tundra spotted in Palo Alto, California. Honestly, the Cybertruck is looking pretty good in the green shade Tesla has used to wrap it like a Tundra. Social media comments by reservation holders are mostly praising the combination of this specific green with its black accents on the bumpers, windows, wheels and side mirrors. In the above pic and the video below, the design of the wheels of this green-wrapped Cybertruck is not clearly visible. But in a later sighting by a Tesla enthusiast, the v-spoke design of the alloy wheels is clearly visible as the truck is parked. Interestingly, these new wheels also mimic the stock wheel design of the Toyota Tundra. Above: (Video: UON News EV via YouTube). Spotted in Palo Alto on a Sunday 👀@klwtts pic.twitter.com/J3F53l8tJD — Janek (@JanekMElectric) August 27, 2023 Above: Tesla Cybertruck with Toyota Tundra wrap in green color spotted in California (wheels resemble a stock Toyota Tundra). The competition in the pickup truck market likely isn’t the only reason Tesla has taken to trolling Toyota. It also has to do with some history between the two companies together. In the early days of the Tesla IPO, in 2010, Toyota invested $50 million dollars into the automaker. Both companies also showed a commitment to accelerate the transition to sustainable transportation. However, as years passed, Toyota started pulling its investment out of Tesla, having pulled all of its shares from the the U.S.-based electric automaker by the end of 2016. This was before Tesla had begun mass production of the Model 3. Perhaps a little trolling doesn’t do any harm to Toyota, but it likely reminds them of the past — during which they could’ve multiplied their investment many times over, if they had stayed until after the success of the Tesla Model 3. Look at the new Cybertruck wrap I just saw in San Carlos! @elonmusk @SawyerMerritt @BLKMDL3 @WholeMarsBlog @farzyness pic.twitter.com/QcunOpoAEv — Chase Heibel (@ChaseHeibel) August 26, 2023 Above: A tweet about the Toyota-style, Tundra-wrapped Tesla Cybertruck spotted in San Carlos, California. === Sources: Cybertruck Owners Club / UON News EV (via YouTube) / Reuters / Nikkei Note: An earlier version of this article was published at Tesla Oracle. Author: Iqtidar Ali.

With the highly anticipated release of the Tesla Cybertruck drawing ever closer, the automotive world is abuzz with excitement and curiosity. Among the many promises and innovations associated with this groundbreaking electric pickup, one question looms large: will it indeed feature a solar roof? Tesla initially announced that the Cybertruck would offer a solar roof option, adding 15 miles of range per day. However, as the Cybertruck approaches production, it’s unclear if this feature will be included. While other automakers have explored solar options for electric vehicles, Cybertruck-maker Tesla had not implemented them in the past. In 2017, CEO Elon Musk considered integrating solar cells into the Cybertruck, but deemed it impractical at the time. Tesla’s expertise in embedding solar cells improved through the development of Cybertruck-specific solar roof tiles. After the Cybertruck’s launch, Musk surprised many by confirming a solar roof option for the Cybertruck. The solar cells were said to be embedded inside the retractable tonneau cover, as shown in a Tesla patent. However, with Cybertruck production nearing, it’s uncertain if the solar roof will be available. The feature hasn’t been spotted on the latest Cybertruck prototypes, although it’s possible that it’s well hidden. Alternatively, Tesla may offer the solar tonneau cover as a retrofittable option later. In summary, the status of the solar roof option in the Tesla Cybertruck remains uncertain, leaving enthusiasts and potential Cybertruck buyers with unanswered questions about its inclusion. === Sources: Electrek

Tesla co-founder and board member JB Straubel started the electric vehicle battery recycling company Redwood Materials in 2017. Now, as the EV industry continues to expand, the recycling company has raised over $1 billion in a new funding round, officially pushing Redwood past a $5 billion valuation. Above: Tesla vehicles charging (Image: Casey Murphy / EVANNEX). Straubel’s Redwood Materials raised over $1 billion in a recent funding round, as reported this week by Forbes. The company performs large-scale recycling for lithium materials, then turning that material into anode and cathode materials to be reused in EV batteries. The news comes after Redwood raised roughly $2 billion since 2019, and after it became eligible for a $2 billion low-interest federal loan. Together, this funding puts the valuation of the battery recycling company above $5 billion. “There’s a lot of capital and a lot of projects announced and under construction in (battery) cell manufacturing—over 800 gigawatt-hours per year in just the U.S. before the end of this decade,” Straubel said earlier this year in an interview with Forbes. Part of Redwood’s goal as a company is to help bring EV battery production to the U.S., while reusing crucial materials such as lithium, graphite, copper, cobalt and other mined materials. Currently, these materials are largely produced in China, South Korea and Japan. Above: FIRST SHIFT – 08/30/2023: Funds for Redwood Materials’ U.S. expansion (Video: Automotive News via YouTube) The Series D funding Round was co-led in part by the firms Goldman Sachs, Capricorn and T. Rowe Price, though funding also came from new investors including the Ontario Municipal Employees Retirement System (OMERS) and the Microsoft Climate Innovation Fund. As the EV industry continues to expand, there will be an increasing need for reusing materials and bolstering the U.S. supply chain, which Straubel says currently has a major gap. “Business-strategy-wise, there’s a gap and a problem in the supply chain,” Straubel added. “It may not be the sexiest part of the whole (EV) realm to invest in but I think it’s urgent and may become more of a bottleneck. So we’re very focused there.” Redwood Materials has a production facility near Tesla’s Gigafactory Nevada in Sparks, Nevada. Currently, it produces a copper foil that it shares with fellow Tesla partner Panasonic. Additionally, Redwood is looking to build a $3.5 billion facility outside of Charleston, South Carolina, which is expected to use recycled materials to supply anode and cathode materials to the Southeast region of the U.S. Prior to starting Redwood, Straubel served as the Chief Technical Officer at Tesla and was one of the automaker’s original founders. He was also elected to Tesla’s Board of Directors in a shareholder’s meeting in May. === Sources: Forbes / Automotive News (via YouTube)

With Labor Day officially upon us, we’re excited to celebrate another year of the hard work that makes electric vehicles possible. From the labor performed by Tesla employees to make EVs available, to the Tesla fans and owners that have purchased and helped to popularize EVs, a lot of work has gone into helping the transportation industry become more green. And while there’s still a lot more work to be done, it’s worth celebrating how far we’ve come over the past decade. Above: Celebrating the 2023 EVANNEX Labor Day Sale (Image: EVANNEX). For EVANNEX, transitioning to EVs with Tesla was a no-brainer, if not for the sustainability element, at least in part for the technology. Now, as several traditional and startup automakers alike follow in Tesla’s footsteps, including Ford, GM, Rivian and several others, the world of EVs is growing quickly — and there are more Teslas on the road than ever. So to celebrate the work that goes into building and selling Tesla’s cars, we’re offering tons of discounts on aftermarket accessories this Labor Day, and you can take advantage of them all week. Enjoy while you can — this just might be your chance to pick up that new Tesla accessory you’ve been looking at. === You can find our huge collection of EVANNEX Labor Day Tesla sale items here, including a wide range of sale items and limited-time discounts.

EVANNEX has been around since the early days of Tesla, along with a few friends who have watched the automaker become what it is today. One such friend includes Michael “Mojo” Mogilewski who runs Signature Custom Wraps in Dania Beach, Florida. Recently, we hopped on the phone with Mojo to talk about he and his girlfriend’s Barbie pink Teslas, the community as a whole, and how far the automaker has come in the last decade or so. Above: Mojo and Erol’s Barbie pink Teslas (Image: Used with express permission from Michael Mogilewski and Signature Custom Wraps). Beyond being Barbie pink, Mojo’s Model S and his girlfriend Erol Brenes’s Model Y also include miniature Teslas on top, making them some of the most unique Tesla builds out there. What’s more is that the two wrapped their Teslas in the bright pink color well before the Barbie movie came out. Still, however, enthusiastic onlookers are absolutely loving the vehicles, and their resemblance to the film’s overwhelmingly pink aesthetic. You can read our full interview with Michael “Mojo” Mogilewski of Signature Custom Wraps below, along with more pictures of his and girlfriend Erol Brenes’s pink Teslas. Above: Erol’s Barbie pink Tesla Model Y and Mojo’s Barbie pink Tesla Model S (Image: Used with express permission from Michael Mogilewski and Signature Custom Wraps). EVANNEX: Can you tell me about how Signature Custom Wraps got its start along with how Erol and the Florida Tesla Club are involved? Mojo: Yeah, it’s kind of funny. I used to work for a national magazine, and I worked for my best friend Brad Bargmann. He had a magazine (me and him had one together), and he pulled up one day in a wrapped Mercedes-Benz and I was like, ‘What the hell is that?’ He’s like, ‘It’s a wrap.’ I’m like, ‘what is a wrap?’ And he explained it to me. And I was kind of… not burned out with the magazine — graphic design work and all that — but I wanted something different. So I looked into it, and I put my two-week notice in, started working for another company, and was promised the world and didn’t receive it. But I learned a lot. I learned the ins and outs of how to take care of your clients and all that stuff. And I kind of let myself go and I started Signature Customs with a good friend of mine at the time, Tate. We just started doing jobs and then my best friend Brad, again, got a Tesla, and I worked on it. And Vossen, which is a wheel company down here, put wheels on it. We wrapped it, put wheels on it, and it was on the Colbert Report on Comedy Central. I worked on his car in 2014, and we took a car to SEMA. At that time there was only two Teslas there, and one was from Unplugged Performance with Ben. He had one and I had one in the Arlon booth for vinyl wraps. And then once we did Brad’s car, it kind of just blew up. It was kind of weird. I was literally the only person in South Florida who would touch a Tesla, because it was electric. But I had a friend that had one, and I was working with Byron in the Dania Beach Service Center, which was the only service center in South Florida at the time, and he taught me everything I needed to know about working on a Tesla. And it just kind of snowballed after that. It was a weird thing. It was just you know, it just happened to happen. And Brad was always like, don’t put all your eggs in one basket. But look: I’m here now 12 years later. [Laughs] Still working on Teslas, I mean I work on a lot of other cars, but that’s just like my bread and butter. And meeting Erol was almost 11 years, probably 10 years ago, with Larry. Larry started the South Florida Tesla club, and Erol was big into doing all the events and everything. We were invited to the first grand opening of the first Supercharger in Port St. Lucie, and that’s where we all kind of like finally met. There was a Facebook page that was built. At the time, EVANNEX and the family, the Pressmans, they were right down the road from my shop, so we all got together and we’re trying new things and testing new things. That was literally the whole start of the Tesla era, and aftermarket stuff, and connecting people with the Facebook page with Larry and Erol and events. And we all have just been like a tight family. I mean the Tesla community — we were the original people. And it’s interesting to watch EVANNEX grow, the club grow, I’m growing. [We were] going to SEMA a couple of times, still in 2014, and taking the Tesla that was completely decked out. It was wrapped, wheel suspension, audio. We did a starlight roof in it and literally the only other Tesla that was there was Ben from Unplugged and it was pretty cool. And then [we started getting] clients from all over the place: Kentucky, New York, Texas. Again, nobody was no one was touching these things. Everybody was scared. It was electric. ‘What’s it going to do? How do you charge it? Where do you charge it?’ And my ace in my pocket was Byron and having a Tesla service center literally like miles from my shop. So, anytime I broke a part, because we all broke parts, you know, [they were there.] And watching these cars evolve was the fun part. The club grew, EVANNEX grew. Times had changed and then the Model 3 came out, and then I went from a 1,200-square-foot shop to a 5,000-, to a 6,500-square-foot shop. Above: Mojo and Erol’s Barbie pink Teslas (Image: Used with express permission from Michael Mogilewski and Signature Custom Wraps). Again, there were maybe a couple of people who were teasing with Teslas, but I was getting them from Tesla, with the protection stuff on them, detailing, tinting them, chrome-deleting them, and then taking them back to the dealership to be delivered. It’s cool to see how these things have evolved. My first one was a Model S P85+, rear-wheel drive, and I did it all up. Because back in the day, you met people at the Supercharger. That was like a big meetup and people talked. It was still a family thing, but it’s not like that anymore. And no one was doing anything, so I just went from Supercharger to Supercharger. I mean, there was Port St. Lucie and Plantation was the second one down here in Florida. That’s where I used to park my car every night after work and go eat dinner. And that’s where I started meeting [people with Teslas], and literally, my P85+ was my biggest marketing billboard thing that I could have done for any advertising. The Facebook pages were cool, but at the time you weren’t able to advertise your business. They didn’t want any soliciting. So I had I literally just did up my car and just drove around. EVANNEX: Speaking of doing up your car and driving around talking to people, can you tell me a little bit about these pink Barbie-looking Teslas and what people have been saying about them? Mojo: So my Teslas have always been called “Obnoxious.” My first one was “Obnoxious Tesla,” my second one was my “Obnoxious 2.0,” and then this one is “Obnoxious 3.0.” Those are all my Model S [vehicles], and I have a Model X and a Model Y, too. So being in the wrap business, it sucks, because you obviously can see the new colors, and you always want to change. Being an owner of a shop, you’ve always got to be five steps ahead of everybody else. You’re trying to do the new thing. You’re trying to show off the things that people never thought they could do to their car. I bought my first Plaid two years ago. Unfortunately, I totaled it, and then I got this one, and I just wanted something something stupid loud. And I did pink chrome a year ago, not even anything to do with the Barbie thing. It was just a loud color. I’m an elite dealer for ceramic pro and ceramic pro color. There’s our black, white and pink. So I was like ‘Perfect, it goes with my company and goes with ceramic pro,’ like this is the perfect marketing color and vehicle for it. And then it was just crazy, you know? Then I did Tesla Con with EVANNEX and Erol and the club. And me and Erol have been in the passing for 10 years. We just did the event, the Tesla Con, and me and Erol went out one night, and we’ve been together since. It’s been like 10 years in the making, it’s kind of weird. We’ve always been doing events, she’s been able to see my kids and then I supported her, she supported me. Her and Larry have always been great family. And it was just cool to be finally able to sit down with her and and talk and get to know her more than just the club. I always was under the assumption she worked for Tesla. She was the youngest female in Florida to have a Tesla. She bought that, she was going to school, she was hustling, a single mom. When you meet certain people and you understand where they came from and what they’re doing and what they did… that was really just a big motivator to get to know her more, and it’s been, so far, a great 10 months. Above: Tesla Model X STEALTH Paint Protection Film XPEL | Signature Custom Wraps (Video: Signature Custom Wraps via YouTube). She had a 2012 Model S 60, and she just turned it in eight months ago for a Model Y. It had like 100,000 miles on it, and I got her into the Model Y and she’s waiting on her Cybertruck just like all of us. I couldn’t have her as my girlfriend and not have a wrapped car. So, of course you know I show her the book, I said ‘pick a color,’ and of course she picks the most expensive wrap there is [Laughs]. And it just kind of fell in place, not even knowing anything about the Barbie show. That was the funny thing about it. And then we started building her car, and then we did an event in Orlando. It was a pink car event. All pink vehicles car event in Orlando. And I had these little cars sitting around and everyone’s like, ‘You guys should just wrap them the same color as your car and throw them on top of the car.’ And my best friend made some rails and everything. I told her about it, and she’s like, ‘I’m not doing that. I’m not doing that on my car.’ I said ‘Okay, well then I’m going to because we’re gonna roll into a car show, all pink car show, with pink cars on top.’ And I took pictures of my car and she’s like ‘Okay, I want one. Now I want one.’ So it’s been going since, and then the Barbie movie came out, and everyone thinks that we did it for the Barbie movie, but this was already planned ahead of time. We did a preview of the Barbie movie, we did an event. It’s kind of funny because now we’re trying to do stuff with the Barbie movie thing. But it’s interesting, this car gets more attention now, her car too, because she lives up in West Palm and I’m down in Fort Lauderdale. So people think there are kind of the same cars all over the place. But there’s there’s two of them now. My best friend has a pink Model S too, a kid that works with me has a pink-wrapped car also. I just did another really big client, her Model X, and I did it in my custom-designed pink stuff. So I think pink is the color, and it’s not because of the Barbie movie either. EVANNEX: Any other notable jobs you’ve enjoyed working on over the years? Mojo: I’ve never been about showing off or being part of like the big wrap community — you know, I say this as I drive a bright pink Tesla. But I really take pride in it, and when someone comes into my shop, they become family. I would say probably 80 percent of my clients I talk to or I do stuff with or we run into each other, I keep in touch with them, with their kids, whatever, their jobs, anything like that. I always invite them out to do stuff. They become family. I haven’t done really big stuff. My big thing is when you open up that door and they see their car, that means more than anything else because they took their idea, I built it for them, and they’re just like mind blown. I really didn’t care about the money or becoming filthy rich. I enjoy the reaction of people, when they get to see their car finally and they get to drive that around and they’re proud of it, and every morning they look at their car and they’re like, ‘That’s my one-off car, no one else has it done like that.’ And I get to create that. They get to see my work every single day. So that’s really my big thing. I’m teaching my kids to work with me also. My daughter is 16 and my son’s 13, and they know how to wrap, they know how to coat, they know how to polish, they know how to PPF. My daughter’s doing the books and the front-end work with the marketing now. Obviously, she’s in school, but when she’s not. It’s always been a family thing. I’ve been a single dad pretty much the whole entire time, unless I was with somebody, but yeah. Doing this on my own with them and their support, that’s bigger than anything else. We’ve done a lot of big shows, Electrified, you know the Electrified shows that are around the country. We’ve done some cars that have been to SEMA. One year we took four cars. There’s other cars that we’ve taken that we just didn’t go with, that were in SEMA. Above: Mojo and Erol’s Barbie pink Teslas (Image: Used with express permission from Michael Mogilewski and Signature Custom Wraps). Those are kind of the cool things, but I’m not like, I’ve never been that guy that would be like flaunting my sh*t, you know? But then everyone’s like ‘You drive a big chrome car,’ but that’s like my business. I mean I’m very low-key: we go out, we have a good time, nothing crazy crazy. I was just always brought up to be as humble as possible, and be grateful for what you’ve got and what you can do. And I love people, I love interacting with people, and that was a cool thing with Erol and Larry in the clubs, and the Pressmans, like that was the whole family thing of building this whole Tesla community up. It’s just everyone is family. EVANNEX: What would you say makes the Tesla community different from the rest of the automotive community? Mojo: Now or then? [Laughs] Because I think now the Tesla community is very watered down. I think now people are recognizing Tesla, the car and the amazing features of it. I think in the last, I’d say two, three years, it’s now [become] a household name. Everybody wants it. And I think those people are just normal car people. They just want that car. In the beginning, it was all about the technology, supporting a new company, understanding the future with sustainable stuff. A lot of them are techies, a lot of them are geeky. Sorry, Tesla people. But you know, money people, they’re on technology, they were always about what’s next, looking into the future and seeing things. Above: Mojo and Erol’s Barbie pink Teslas (Image: Used with express permission from Michael Mogilewski and Signature Custom Wraps). And back in the day, like the first five, six, seven years, man, you met some really intelligent people. Engineers. I mean, a lot of these guys in the beginning were engineers that bought into their first Tesla and prayed that it would work after the Roadster. And I think that was the cool thing with meeting Larry, who started the club, and Erol, was you would sit down at lunch after an event. I would just sit there because my dad always said, ‘Keep your mouth shut and keep your ears open,’ just sit there and let people talk. And you’re just like man, you’re sitting with a table of 12 very intelligent people knowing what they’re doing with stocks and money and technology. Like how many people put up money for this car, after they just saw renderings, after he already took a dive with the Roadster? So again, taking chances but they knew what they were getting themselves into. So I think that definitely changed because back in the day, they were a tight niche. They all talked they got along they did events, stuff like that. But now you know the younger kids are getting into it. The families are getting into it, and now it’s just a car for them, where it was a community and a family for us back then. It’s like when you move into a neighborhood and there’s only like 10 houses, and then five years later, there’s complexes all over and you don’t know anybody. So there’s definitely a change in the market, and you can see the difference in Florida to California. California’s got a crazy, crazy Tesla following with custom builds and all that stuff, where Florida is still the older crew. They don’t do car shows. They’re wealthy, like really wealthy CEOs, all these high-end people that literally just enjoy their car. They’re not there to show it off. Yeah, but there’s definitely been a change. I mean used to go to chargers and hang out and talk, and now chargers are just full and packed and no one talks to anyone. No one gets out of their car and says ‘Hey, how you doing? Where are you from?’ So, weird change. But it was it was gonna happen. EVANNEX: I mean, that sounds interesting to have watched if nothing else. Mojo: Yeah, absolutely right. And the cool thing is, you know Larry, and Daryl and all those guys and me and EVANNEX, we were always seeing the cars, we were always about the cars, because I see 10-20 cars a week. So I see the growing of the cars, the changing of the cars, the changing of the clients. I see the people from 2012, 2013, 2014, getting into a newer car, handing it down to their kids now. That’s the cool thing, like the families are growing up with the cars and are handing the cars down. But you get to see the little kids. Even the little kids like younger than teenagers getting excited that their parents got a Tesla, and those kids know more about the Tesla than the parents do. That’s the best part of this. Because I interact with so many people all day long. It’s funny to watch a kid come in, that’s like 10 years old, and they’re literally showing up their parents. That’s the best feeling in the world because that’s where my kids were and where they are now you know? Above: Mojo and Erol’s Barbie pink Teslas (Image: Used with express permission from Michael Mogilewski and Signature Custom Wraps). You know you asked me about doing big builds — I find that more satisfying than showing off these big builds that you do two, three of them a year. That constant growth is literally what makes me get up every morning and do this with no problems still after 12 years. EVANNEX: Is there anything else that you want to talk about or any questions you think I missed? Mojo: Everything’s just family, you know? It’s cool. It’s like a triangle with Larry and Erol doing the Facebook page that’s recognized by Tesla, and having the club down here, and having EVANNEX and the Pressmans like, starting all the little things, what you could do with what the car didn’t have, and they created it. I thought that was like the cool thing, and then we have me that just modifies the sh*t out of them. You know, ‘Hey, let’s drop it. Let’s change the interior and change the wheels. Let’s change the color. Let’s do this. Let’s do that.’ It’s funny how all three just literally meshed together so well over the years. And seeing the growth and all that, that goes with the companies, and seeing the people that work with Tesla. I still work with Byron and Ryan and Justin, and these guys are original people, eight, nine years into the company, which is very rare. Because usually they’re not. Tesla doesn’t like to keep around their employees long. So when you get to see and talk to and still be best friends with guys that have been around now long with the company, I think that’s another really cool thing. And you watch them grow and go up in the ranks in the company and stuff. === You can check out the Signature Custom Wraps website here, or check them out on Facebook here.

The Society of Automotive Engineers (SAE) has officially decided to standardize Tesla’s charging connector design as the North American Charging Standard (NACS). The announcement was made via a press release about two months ago, though it largely went unnoticed — until one industry expert spoke up. Above: A Tesla charging port plugged into a Supercharger stall (Image: Casey Murphy / EVANNEX). Vehicle teardown expert and automotive engineer Sandy Munro brought the SAE’s decision to light via a short video on the social media platform X last week, after it was announced in a press release months ago. According to Munro, this is big news for the EV industry as a whole, at least in North America. The SAE made the decision to standardize the Tesla connector after Ford announced the integration of the NACS charge port in its future EVs. Weeks later, General Motors (Chevrolet, GMC, Cadillac, Buick, Vauxhall) and Rivian also agreed to standardize the NACS charging connector for its EVs, followed by Mercedes-Benz (Daimler AG) and others. The SAE’s standardization of the NACS means that EV charging companies across North America will be adopting the standard. Since SAE’s announcement, EV charging providers such as Electrify America, EVgo, ChargePoint, and more have also announced plans to integrate the Tesla NACS connector at their charging stations in the coming years. According to the SAE International’s press release, the adoption of the Tesla NACS will be made in an expedited timeframe, meaning it will not take years to make it happen. SAE’s press release stated the following: Standardizing the NACS connector will provide certainty, expanded choice, reliability and convenience to manufacturers and suppliers and, most of all, increase access to charging for consumers,” said Frank Menchaca, president of Sustainable Mobility Solutions, an innovation arm of SAE affiliate Fullsight. The organization in a statement credited the U.S.’s Joint Office of Energy and Transportation for fostering the SAE-Tesla partnership and “expediting plans to standardize NACS – an important step in building an interoperable national charging network that will work for all EV drivers. Although Tesla dubbed the NACS connector a “standard,” it is not one that had been reached through industry consensus. The SAE standardization process is intended to assure reliable and consistent performance for any EV model or charging network. The difference between a J1772 (CCS Type 1) charger and a Tesla NACS connector isn’t tough to spot when they’re shown side-by-side. Crucially, the Tesla connector is lightweight, smaller in size, and has an overall less-complicated design. According to Munro, anyone used to charging with a Tesla connector knows that any other connector is “goofy in comparison.” However, both the SAE J1772/CCS and the Tesla V4 NACS connector have similar max output capacities, rated at 360 kW and 350 kW, respectively. Currently, the Tesla Supercharger V3 connectors, which are the most widely available chargers, are able to output a maximum of 250 kW of power. The normalization of a single standard of EV charging across North America is expected to act as a catalyst for the expansion of sustainable transportation in the region. This, of course, is not possible until all parties — including the governments — create policies around the standards. Some good news is that, last month, the state of Kentucky mandated the use of Tesla NACS charging connectors at all government-funded charging stations, which should set a good example for other states to follow. Tesla opening its charging connector design to other automakers last year proved to be a good omen, and it has more recently received a warm welcome from the automotive industry and EV charging companies alike. Widespread adoption of the NACS charging equipment should also help reduce range anxiety for existing and potential EV owners across North America. New EV manufacturing startups like Rivian will also greatly benefit from the use of the Tesla NACS connector and charge port design, because it will eliminate the need for companies to build their own charging networks. By adopting the NACS standard, OEMs can potentially save billions of dollars that they would otherwise use to build an EV charging network. On the other hand, a new revenue stream will open for Tesla as a result, along with a chance at free advertisement to non-Tesla EV owners. This is big news. Congrats to SAE and Tesla pic.twitter.com/W8uPBAaFhe — Sandy Munro (@teardowntitan) August 22, 2023 Above video: Sandy Munro expressing his views on SAE’s standardization of the Tesla NACS connector. === Sources: SAE International, Sandy Munro via X (formerly Twitter) Note: An earlier version of this article was published at Tesla Oracle. Author: Iqtidar Ali.

Tesla has officially unveiled its much-anticipated refresh of the Model 3, codenamed “Project Highland,” shortly after leaked photos surfaced. This update encompasses significant changes, including a revamped front-end design, interior enhancements, and extended range. Tesla claims that over half of the vehicle’s components have been replaced, although specific metrics are unclear. The most noticeable change is the redesigned front end, which retains the Model 3’s overall appearance but streamlines the front, eliminating the somewhat protruding bump seen in the current version. The headlights have become slimmer and more aggressive, aligning with the aim of a sleeker look. Tesla reports that the Model 3 Highland will offer increased range, with WLTP ratings indicating 344 miles for the SR RWD version and 421 miles for the LR with 18″ aero wheels. These figures represent an 11-12% improvement compared to the current Model 3’s WLTP ratings. It’s important to note that these are WLTP figures, which tend to be higher than US EPA ratings. When converted, this could mean around 300 miles for the SR and 370 miles for the LR in EPA ratings, although Tesla’s range claims have faced scrutiny in the past. The extended range in Model 3 Highland primarily results from improved aerodynamics, with a redesigned front end that enhances airflow around the vehicle. The new aerodynamic profile, boasting a Cd of .219 (down from .225 in the current Model 3), alone contributes to a 5-8% range improvement. Additionally, new wheel cover inserts strike a balance between aesthetics and range, as they can significantly increase efficiency. Model 3 Highland interior changes are also notable: A new rear 8-inch touchscreen provides rear passengers with climate control and entertainment options. Stalks on the steering column have been eliminated, similar to the Model S and Model X, with gear selection now on the touchscreen and turn signal buttons on the steering wheel’s left side. Front seats are ventilated and controllable via Tesla’s app, allowing pre-conditioning of the seats. Rear seats are now perforated but lack ventilation. The sound system has been upgraded to 17 speakers from 14. Improvements in Bluetooth microphone performance and better Wi-Fi and Bluetooth connectivity. A quieter interior due to aerodynamic and material changes. Customizable interior ambient lighting. A larger rear trunk, now up to 594 liters from 561.   These changes are already live on Tesla’s European websites, and orders are being accepted with deliveries slated to start in October for left-hand drive markets in Europe and the Middle East. Tesla has not yet announced delivery dates for North America or right-hand drive markets like the UK. Pricing for North America is also pending. This refresh appears more extensive than expected, with not only the anticipated front-end changes but also substantial interior revisions. While some changes have been well-received, like the extended range and improved interior features, there are reservations about the new steering wheel design and gear selection via the touchscreen. Overall, the Model 3 remains an exceptional vehicle, and Tesla’s manufacturing improvements should minimize potential early-model glitches. === Sources: Electrek

To say that Tesla owners with the Full Self-Driving (FSD) beta are excited about the software’s continual improvement would be an understatement, especially if it leaves beta soon as CEO Elon Musk has suggested. After Musk said earlier this year that FSD’s version 12 would exit beta, the CEO recently shared a live stream while using the forthcoming build to show off the system’s capabilities. Above: The touchscreen and steering wheel in a Tesla Model 3 (Image: Casey Murphy / EVANNEX). In recent weeks, Musk shared a 45-minute live stream of him using FSD v12 in a Model S on X (formerly Twitter), as joined by Tesla Autopilot software head Ashok Elluswamy (via InsideEVs). While the video quality certainly left something to be desired for many onlookers, the drive through Palo Alto, California took place during rush hour and showed that the software is a pretty huge improvement from the company’s current FSD beta v11.4.6 As Musk has said in the past, Tesla’s FSD v12 essentially functions like a person’s mind, utilizing a set of neural nets and its cameras the help it see and analyze traffic. While it’s far from perfect still, the system is constantly training using driver data from those who are testing FSD, learning from the millions of Tesla vehicles already on the road. “You definitely need a lot of training data to make it work,” Musk said during the video. “You need millions of dollars or training hardware. And you need to run the neural net training hardware. It’s not easy. The mind-blowing thing is that there’s no line of code.” Tesla’s vehicles include eight cameras, offering 36 fps frame rates. Although the actual hardware in the car can work at up to 50 fps, Musk has said in the past that the cameras are a limiting factor. FSD v12 is considered quite different from v11, with Musk having said that the new version won’t be a beta. As can be seen in the video, v12 appears to handle people on bicycles and pedestrians on foot better, along with staying in its lane and making more precise active decisions than v11 — among other differences, still. “There is no line of code that says there is a roundabout, which is what we have in the explicit control stack in version 11,” Elluswamy explains in the video. “There are over 300,000 lines of C++ in version 11, and there’s basically none of that in version 12.” You can also see some of FSD v12’s imperfections in the video, including a moment where the software nearly sends the Model S through a red light, and another when the vehicle doesn’t fully stop at a painted stop sign. The video shows that the software still requires some more training before being released to the public, though it still has some pretty impressive moments. Musk also said earlier this year that it’s possible that FSD v12 will be released later this year. You can see the full video of Musk and Elluswamy using Tesla’s FSD v12 on X here. === Sources: X (formerly Twitter) / InsideEVs

Reports this week said that Tesla unveiled a new artificial intelligence computing cluster, and some say the move could also make the automaker a strong AI play. The new $300 million supercomputer is expected to use Nvidia hardware, despite also pitting Tesla against the tech company in the stock market. Above: A Tesla Model 3 (Image: Casey Murphy / EVANNEX). Oppenheimer analyst Rick Schafer said in a report on Tuesday that Tesla was debuting a $300 million AI computing cluster, as detailed by Barron’s. The supercomputer is expected to be used for Tesla’s Full Self-Driving (FSD) beta down the road, and Schafer described it as “more powerful than the world’s third highest-performing supercomputer.” Additionally, he says it will use 10,000 Nvidia H100 GPUs to power performance. “Tesla is significantly enhancing its computing capabilities to train its full self-driving technology faster,” Schafer wrote in the report. “Tesla plans to spend over $2 billion on AI training in 2023 and another $2 billion in 2024.” Tesla’s FSD beta and Autopilot systems use driver data to help train AI on driving. These systems have constantly been touted by CEO Elon Musk, who also expects self-driving vehicles to create “software-like margins” in the future. Since all Tesla vehicles are equipped with the ability to activate FSD, a future robotaxi could create ongoing software revenue with the flip of a switch, as many bullish analysts have echoed. Currently, Tesla’s FSD is still in a beta mode and has a long way to go before becoming truly self-driving. In its current state, the FSD beta is at a Level 2 automation, requiring drivers to remain attentive and ready to regain control of the vehicle at any point. Level 3 automation would allow for some brief periods of inattention, while Level 4 and 5 represent completely self-driving automation for significant stretches of driving. Musk live-streamed himself using v12 of the FSD beta on X over the weekend, though it’s still imperfect, as the drive showed. However, it’s pretty impressive what the system can do, and it makes it easy to imagine a future in which AI can safely pilot our cars for us. Musk has also noted in the past that training AI to drive cars is a lot harder than the now-common use of AI to develop a generative language model, such as ChatGPT. At the time of writing during Tuesday trading hours, after news of the computing cluster broke, Tesla shares were valued at $253.58 (+$14.76), up 6.18 percent since the day’s market open. === Source: Barron’s

Tesla has been in ongoing discussions with a number of countries as it expands, but the automaker’s recent battery manufacturing deal with Malaysia comes with a major exemption. The establishment of a regional headquarters in the country is set to help bolster the electric vehicle battery industry in Southeast Asia, and officials say they’re open to more EV investments in the future. Above: A Tesla Model S (Image: Casey Murphy / EVANNEX). Malaysian Prime Minister Anwar Ibrahim gave an exclusive interview with CNBC at government offices south of Kuala Lumpur in Putrajaya earlier this month. During the interview, Anwar emphasized the country’s hopes to increase its role in the global EV battery supply chain, under its Battery Electric Vehicle Global Leaders initiative. “EV happens to be our priority,” Anwar said in the interview. He also added that foreign investments like the one from Tesla would “can benefit three or four local industries.” Tesla has established its Southeast Asian headquarters and a service center in Selangor, which has diagnostic service tools and trained technicians to help owners with their cars. The company also plans to deploy its Supercharger stations in metro areas within Malaysia, the first of which is expected to be built in downtown Kuala Lumpur. Operation of the company’s business in the country bypasses policies giving money to native populations including majority Malay-Muslim communities and non-Malay indigenous groups, as CNBC points out. The deal in Malaysia lets Tesla sell its Shanghai-built vehicles in the country without paying extra import tariffs, or any markups from middlemen. Additionally, Tesla is exempt from the requirement mandating that foreign companies must meet a minimum of 30 percent equity ownership by Bumiputeras upon conducting business in the country. “To me, [the Tesla deal] is as good as putting a 30% equity,” Anwar added on the exemption. “In fact, in terms of real advantage returns to the economy — that is better.” Malaysia has granted similar incentives to tech companies and automakers in the past. Notably, this has included Chinese automaker Zhejiang Geely with a $10 million expansion in Tanjong Malim, and the German chip manufacturer Infineon Technologies for a 5 billion euro ($5.46 billion) expansion of a water fabrication site in Kulim. “This is not new. There has been exceptions … given for digital transformation, for IT-related activities or investments,” the prime minister said. “We have done that in the past — very selective. So the issue’s not just Elon Musk, which I think is much required in this country to give this confidence and the participation of our players.” Anwar also said that other EV companies have “not been asking” to set up battery production operations in the country, though he notes that “the possibility will be open.” The news also comes as ongoing negotiations between Tesla and nearby country Indonesia have yet to amount to any tangible manufacturing deals, though Anwar expects the automaker’s move to benefit both countries. === Source: CNBC

As Tesla’s energy business continues to grow, backup power generation will remain at the center of future developments. In recent weeks, Texas residents who have a Tesla Powerwall and solar panels gained the opportunity to be a part of a backup power pilot program, which lets users get money for providing extra electricity back to the state’s electrical grid. Above: Tesla Supercharger stalls (Image: Casey Murphy / EVANNEX). Tesla gained approval in Texas to debut two Virtual Power Plant pilot programs, as seen in a press release from the Public Utility Commission of Texas in recent weeks (via CNET). The approval lets Tesla Powerwall owners re-sell electricity generated by solar back to the Electric Reliability Council of Texas’s (ERCOT’s) electrical grid, creating what is effectively a giant distributed battery during times of peak use or emergency blackouts. The news comes after a number of Texas residents were able to use their solar power and Powerwalls during the 2021 blizzard and accompanying power crisis to keep their homes running. In recent months, the state of Texas also registered Tesla Electric, which is the company’s own utility program, and customers of the offshoot are eligible to participate. Now, not unlike pilot programs held in California, Texas residents will be able to make money from generating power and selling it back to the grid, in what Tesla calls a Virtual Power Plant (VPP). Tesla has gained approval for two VPP programs for those with Tesla Powerwalls and solar panels, and the company is expected to gain approval for six others down the road. The new approval for VPPs was also celebrated recently by Commissioner Will McAdams, who notes the program’s benefit to the state of Texas. “Small energy resources found in homes and businesses across Texas have incredible potential to continue improving grid reliability and resiliency by selling the excess power they generate to the (Electric Reliability Council of Texas) system,” McAdams said. “It’s a win-win for Texas. Home and business owners get paid for power they supply and consumers in ERCOT get more reliability.” The project launch comes as a part of the state of Texas’s Aggregate Distributed Energy Resource, a pilot project testing how resident electronics can help provide backup power during outages and times of peak power use. The program is expected to help demonstrate how backup power can help residents and the state itself following the 2021 blizzard, which left millions without any power. Commissioner Jimmy Glotfelty says it will also enable further studies. “The collaboration achieved the clear goals outlined by the commission and is a model for future projects at the (utility commission),” Glotfelty said. “We have a market in [ERCOT] that allows us to innovate and learn through realtime experimentation with real-world impact.” === Sources: Public Utility Commission of Texas / CNET

Tesla CEO Elon Musk has said in the past that the Supercharger network would “never be a profit center,” adding that it was simply meant to help sell the company’s electric vehicles. However, one analyst recently shared predictions for the Supercharger business that suggest it could start generating significant revenue in the years to come, especially with recent charging deals surrounding Tesla’s hardware. Above: A Tesla Model Y at a Supercharger (Image: Casey Murphy / EVANNEX). Wedbush Securities analyst Daniel Ives said last week that he expects Tesla’s Supercharger network to generate as much as $10 to $20 billion per year by 2030, as reported by electrek. Supercharger stations, which Tesla initially launched in 2012, have now become the largest DC fast-charging network in North America, and charging companies and automakers alike are jumping at the bit to gain access to them. Ives says he expects Tesla Superchargers to make up between 3 and 6 percent of total revenue by 2030. Ives currently has a price target of $350 on Tesla stock with an Outperform rating. He adds that Tesla’s recent charging deals could help the automaker hold its dominant position in an expanding market for EV charging. Supercharging efforts have been spurred on by new deals with traditional automakers which plan to use Tesla’s charging hardware in future vehicle builds. Companies including Ford, General Motors, Rivian and a number of others have agreed to begin building EVs with the Tesla charging port, dubbed the “North American Charging Standard,” in the coming years. Currently, these companies make EVs that include the Combined Charging Standard (CCS). Above: Charging infrastructure is the next stage of Tesla’s monetization, says Wedbush’s Dan Ives (Video: CNBC via YouTube). Tesla will also begin adding its “Magic Dock” adapters to Superchargers around North America, which enable current EVs from other brands with CCS chargers to easily charge using. This, Ives writes, could be a catalyst for significantly increased revenues on Supercharging down the road. “With the introduction of Tesla’s Magic Dock, an adapter that will allow non-Tesla EVs to charge on the NACS standard, this provides the company an incremental opportunity to further expand its charging footprint to the entire EV fleet,” Ives said in a note to clients. “We view this as another strategic move by Musk & Co. in the long-term story as the supercharger network is a large monetization opportunity with the company now taking more market share in the charging network ecosystem domestically while laying the foundation for a successful EV transformation over the next decade,” Ives added. Ives has long been bullish on Tesla, most recently raising his target to $350 in July. As electrek points out, Ives is ranked highly on TipRank, a financial analyst rating system, holding the 121st spot out of a total of 8,527 analysts. === Sources: electrek / CNBC (via YouTube)

Volvo-owned Polestar has been gaining production steam in recent months, with the company even reaching an important milestone. Still, it’s proving tougher to catch up with Tesla’s massive production efforts than some thought, and competition from other companies like BYD have only made it harder. Above: A Tesla logo (Image: Casey Murphy / EVANNEX). Polestar recently celebrated its 150,000th battery-electric vehicle produced, with the company delivering roughly 27,900 units in the first half of 2023, according to Barron’s. By comparison, Tesla sold about 889,000 vehicles through June, representing an increase of about 57 percent from last year. The figure amounts to more than the combined sales of Polestar, Rivian, Lucid, FIsker, General Motors, Ford, Stellantis, Volkswagen, Nio, Li Auto and Xpeng (834,000). Along with dominant market share leader Tesla, China’s BYD has been pushing EVs out faster than ever before, delivering around 617,000 BEVs for a 90-percent increase over 2022. The company is effectively the second-largest BEV producer in the world, behind Tesla. Companies like Polestar have a long way to go before even coming close to these numbers. Still, as Tesla followers know, production ramp-up takes time. The Polestar 2 has started deliveries, featuring a bigger battery pack offering up to 320 miles of range. “The upgraded Polestar 2 is the best version to date. With improved software, better quality, longer range, and faster charging, it is the basis from which we continue to grow our business,” wrote CEO Thomas Ingenlath in a press release. However, the company’s stock hasn’t exactly followed suit with its new vehicle and its rollout — and once again, this is especially true when compared to Tesla’s stock. Polestar shares are down 30.32 percent year-to-date at the time of writing, jumping 2.92 percent during Wednesday trading and trading at $3.695 (+$0.105). Although Tesla stock hit a rough patch over the past month or so, the company is seemingly bouncing back with a few consecutive wins. Additionally, Tesla shares are still up 92.03 percent year-to-date, with a share price of $236.47 (+$3.28) up 1.41 percent at the time of writing during Wednesday trading hours. Nasdaq and the S&P 500 index were up 1.55 percent and 1.18 percent, respectively. Other startup EV stocks have also suffered over the last 12 months, with Rivian down 38 percent, Lucid off 62 percent, and Fisker dropping 34 percent. Polestar has fallen 57 percent in the same period. Tesla shares are still off by about 20 percent in the same time period. Some point to high interest rates as the culprit, and many EV start-ups have yet to generate free cash flow just yet. === Source: Barron’s

As electric vehicles continue to go mainstream over the next several years, the economy of gas stations is expected to shift significantly. With gas station numbers already dropping over the last few decades, some expect their numbers to drop even more with the onset of EVs — though, for some gas stations, the change could also provide a major opportunity. Above: A Tesla Model Y at a gas station (Image: Casey Murphy / EVANNEX). Consultants at BCG say one-quarter of all global gas and service stations may risk closing entirely by 2035, unless they make major changes to their businesses to accommodate EVs (via CNBC). The number of gas stations has already decreased drastically in the last 30 years according to Market Research Future VP of research and strategy Shubhendra Anand. Installing Level 3 EV fast-chargers can be cost-prohibitive, especially for independent stations or dealerships. For one charger, it may cost as much as $50,000, while multiple chargers can range from as much as $500,000 to $1 million, according to ChargePoint executive Michael Hughes. If you need to create infrastructure for the charging stations, he says it could cost twice as much. Other prohibiting factors can include location, lack of amenities, and the fact that most owners charge at home, potentially making in-town stations less important in some areas. Still, the need for public charging infrastructure is there, and the Biden administration is targeting 500,000 national EV chargers by 2030 with as many as 50 percent of new car sales being battery-electric. Currently, the administration says there are over three million EVs on the road nationally with just 130,000 public chargers. “Figuring out how to do this on an active site can be complex and challenging,” said Neha Palmer, CEO of TeraWatt Infrastructure, a company building a charging network across California, Arizona and New Mexico. “How do you sequence the construction when you have vehicles that might want to fuel there?” Above: EV Charging Hardware and Tesla’s NACS Charging Connector (Video: CNBC). Despite the many barriers for independent gas stations adding EV chargers, federal incentives help. However, most poised to benefit and deploy mass-scale charging hardware are big oil companies like Shell and BP (formerly British Petroleum), which are setting goals to expand EV charging at their stations in the coming years. By 2025, Shell hopes to have over 70,000 public EV chargers around the world, with as many as 200,000 by 2030. Dealerships from Ford and GM are also rolling out stations at some locations. Prohibitive factors are still causing some gas station owners to slowly approach adding EV chargers, however, including SQRL Holdings founder Blake Smith. SQRL owns and operates over 150 convenience stores throughout the U.S., and location has played a major role in where the company has built charging hardware. In Florida, some of the company’s convenience stores now include EV chargers, while none of the 60+ in Arkansas have them yet. Smith also argues that a full switch to EVs could be decades away from now. “I would never recoup my investment,” Smith said. “We’re not flipping a switch to where gas vehicles are getting off the road and it will be EV-only.” As for incentives for building EV chargers, the U.S. Department of Transportation offers a Federal Highway Administration NEVI Formula Program to states, and those who own a gas station can also search through Federal and State EV charging incentives they may be eligible for here. === Source: CNBC

Tesla shares have fallen in recent weeks, dropping roughly 21 percent since their most recent high on July 18. Still, the stock has seemed to rebound throughout this week, and it’s also up by nearly 90 percent year-to-date despite the losses. Additionally, with Cybertruck deliveries and Model 3 Highland news incoming, some analysts are wondering if the stock could reach $300 by the end of 2023. Above: A Tesla logo (Image: Casey Murphy / EVANNEX). In a recent piece, The Motley Fool begs the question of whether or not Tesla stock could reach $300 by this year’s end, with writer Neil Patel saying that it’s “definitely in the realm of possibilities.” At the time of writing during Thursday trading hours, Tesla shares were trading around $233, so reaching $300 by the end of the year would be a roughly 30 percent jump in the next four months. In both Q1 and Q2, Tesla managed to beat on analyst estimates for revenue, each with year-over-year jumps of over 20 percent. Tesla reported $23.3 billion in revenue in Q1 and $24.9 billion in revenue in Q2, and the automaker also beat on delivery estimates. Throughout the first half of the year, Tesla delivered 889,000 vehicles. By comparison, Tesla delivered 565,000 in the first half of 2022. Still, many shareholders have held concerns surrounding falling margins, with Tesla reporting an 18.2 percent gross margin in Q2. The margins drop comes following several price cuts from Tesla, which have put pressure on other automakers to reduce prices and has stoked demand throughout the year. Tesla CEO Elon Musk has spoken to the price cut strategy in both quarterly earnings meetings, saying the company is prioritizing high volumes of deliveries with slightly reduced margins. He also explained that having a higher volume of Full Self-Driving-equipped (FSD) vehicles could unlock software-like margins in the future through a planned robotaxi business. In spite of these concerns, Patel argues that a jump to $300 would not be out of the question for Tesla’s shares, especially given the company’s all-time high was $410 in November 2021 (adjusted for stock splits). Over the past decade alone, Tesla shares have surged 2,220 percent, and certain catalysts may be in line to help push the stock upward — despite near-term uncertainty. Deliveries of the upcoming Tesla Cybertruck are expected in the months to come, with mass production of the electric truck slated for next year. A simplified Model 3 Highland could also help improve investor outlook, especially if it boosts sales in the competitive Chinese market. Still, Patel notes that the opposite could also come true if Tesla further delays the Cybertruck or Model 3 Highland, potentially causing shareholders to “punish the stock.” It’s impossible to say with any certainty where Tesla shares will head in the coming months, though they’ll likely depend on when the Cybertruck officially starts delivering, and how it does. Additionally, investors can expect more news on Tesla’s financials when the automaker reports Q3 details at an earnings report in October. === Source: The Motley Fool

Tesla’s sensational and polarizing Cybertruck has been sighted a lot in recent weeks, as I reported over the weekend, though the sightings have not just been limited to the U.S. Recently, Tesla was spotted cold-weather testing the Cybertruck in the unlikely country of Iceland. Above: A rendering of a Tesla Cybertruck (Image: Casey Murphy / EVANNEX). X (formerly Twitter) user CarlosRdeA shared footage of a Cybertruck being driven in Iceland over the weekend. In my last eight years of reporting on Tesla, I have not seen the automaker take any of its vehicles to Iceland. In the footage, which takes place at a glacier in Iceland, the Cybertruck is seen being filmed, apparently for promotional footage. @elonmusk @Tesla Cybertruck at the glacier. pic.twitter.com/GWSJqNvkYc — CRAR (@carlosRdeA) August 19, 2023 In this short 20-second video clip, recorded from a far distance, the Cybertruck can be seen chasing an SUV. This SUV looks like a camera car recording the Cybertruck as it roams around in the snow and icy terrain. As we can see in the video, the Cybertruck flawlessly navigates the slippery surface of the icy glacier, showing that the truck seems to be ready to steer in extreme cold weather environments. When the Tesla Model Y was close to deliveries in 2019, it was spotted being followed by a Model S camera car in California, which was recording promotional content for its website. Interestingly, Tesla also took a Model Y and Model X close to the Arctic for cold weather testing recently, not too far from Iceland. Tesla has been shipping Cybertrucks overseas to far-off countries like New Zealand, and now Iceland. The automaker’s cold weather tests include validation and calibration of the Cybertuck in New Zealand, which has been going on for the past few months now. Sending a Cybertruck to a glacier site in Iceland might just serve a dual purpose — cold weather testing, and great images and footage. Since it’s still summer in the United States, Tesla must be looking for cold-weather testing facilities elsewhere around the globe. In the U.S., Tesla performs winter testing at a dedicated facility in Alaska. This year, Tesla has added New Zealand to its list of cold-weather testing sites, and the Cybertruck filming at a glacier in Iceland could hint at another one. Multiple winter testing facilities would provide Tesla with a more diverse dataset, helping Tesla build better vehicles while improving the existing ones to mitigate real-world cold weather challenges. Either way, it’s interesting to look at the progress Tesla is making ahead of Cybertruck deliveries this year. Giga Texas drone footage shows Tesla is constantly producing Cybertrucks at the factory right now. Most of these new trucks will be used for final testing, validation and promotional material, as we can see in the recent Cybertruck shoot in Iceland. NEW: @Tesla Cybertruck found on Ben White Blvd in Austin. $TSLA @elonmusk 📸 by Reddit u/bumpty pic.twitter.com/lXSO3ZabAc — S.E. Robinson, Jr. (@SERobinsonJr) August 21, 2023 Cybertruck reservation holders are anxiously waiting to get their hands on the unconventional electric truck. CEO Elon Musk and Chief Designer Franz von Holzhausen, along with the whole Tesla team, have given a new shape and form to pickup trucks. Combined with Tesla’s engineering prowess in electric vehicle development, the Cybertruck is expected by many to jolt the pickup truck industry. === Source: X (formerly Twitter) Note: An earlier version of this article was published at Tesla Oracle. Author: Iqtidar Ali.

If you’re preparing to take your first road trip in a Tesla or another electric vehicle, it’s understandable to be a little nervous. Shifting your mindset to think about charging takes some time, but it’s totally doable with some planning, and it doesn’t take most drivers long to get used to. In one recent story, a publication spoke with Tesla owners about what to keep in mind for a first EV road trip, and how to make the most of it. Above: A Tesla Model Y (Image: Casey Murphy / EVANNEX). A handful of Tesla owners recently shared their early road trip experiences with Business Insider, along with tips to help avoid some of the scarier horror stories reported in recent years. To many Tesla owners, however, those stories may just mean owners haven’t quite gotten past the learning curve yet. To do so, they tend to share a few similar tips, including avoiding specific routes, planning, making sure you’re prepared and, sometimes, getting creative. Below are the first six tips from Insider and the accompanying driver testimonies. You can find the full list of tips below these, along with the full write-up at Business Insider. 1. Learn to trust the car, Tesla owners told Insider Model Y owner Dennis Duncan says trusting the car helped manage battery, after having taken annual trips from his home state of Washington to Montana. “After the first outbound trip when I was being very careful and charging to a higher percentage than necessary at each stop, I learned to trust what my Tesla was telling me about the state of charge, my expected range, and that there were chargers along the way,” Duncan says. 2. Try smaller trips and stay near interstates, EV drivers add To start, many EV owners recommend trying out shorter trips and to remain in densely populated areas. Before long, you’ll get used to how to manage the car’s battery when to charge, etc. One such Tesla owner who has taken multiple cross-country trips says avoiding rural areas and staying near highways that are likely to have chargers along them are both smart strategies. “Start somewhere within 200 miles of your origin and become accustomed to the range and how your driving impacts it,” Model Y owner Ken Vizena told Insider. “Don’t start off driving cross country. Start off with medium trips in hugely populated areas.” 3. The Tesla Supercharger network is a huge advantage, say owners Thinking about buying an EV? Buying a Tesla just might be worth it for the Supercharger network, according to some owners. “I couldn’t even imagine being with another car company and relying on third-party chargers,” Model 3 owner Jonathan Baalke said. Baalke drives more than 150 miles each day for his job, according to the report. “It’s hard to have range anxiety when you have access to Tesla’s network, but if I was with any other brand’s cars, I would definitely have some concerns.” 4. Tesla drivers say charging is good for natural lunch breaks and to stretch out a bit “I stop to charge about every four hours,” said Model S owner David Craig in a recent piece from Insider. “It’s just a natural stopping point. Even if you were driving a traditional car you’d want to take breaks and fuel up. I plug it in at a Supercharger and usually there’s a restaurant nearby where I grab lunch.” 5. Some drivers like to plot out charging stops before the trip using non-Tesla apps “It requires a lot of planning to take a road trip with an EV,” says Model Y owner Leonard Zuga. Zuga told Insider he’s planning to drive from Ohio to Florida. “I use multiple systems, including Tesla’s onboard system. I know what hotels and Superchargers I will use before we’ve even started packing. Every hotel I select is within a few minutes of a Supercharger. If you do not like planning ahead you won’t do well as an EV owner.” 6. Others like to use the in-car navigation in Tesla’s, programming the route while plugged into a home charger Model 3 owner Brian Loughman prefers utilizing Tesla’s in-car navigation. He simply plugs into his home charger before leaving, types his destination into the car, and the vehicle plots stopping points for him — even predicting which will be least busy along the way. “Hop in the car while connected to your home charger and program the full route into the car,” Loughman wrote via email. “It will tell you where to stop, how low your battery will be when you get there, and how many minutes you’ll need to charge before continuing on your route.” . . . Read the full list of tips below, or you can find the full write-up from Business Insider here. You can also find our Road Trip Charging Accessories Kit and a whole collection of Tesla/EV Charging Hardware from us to stay prepared on your next trip. Owners say the first road trip may be anxiety-inducing, but trusting your car is something you’ll learn. Drivers add that trying out shorter trips can help at first, and staying near interstates. Tesla owners said that the Supercharger network is a huge benefit. Other Tesla owners added that charging at Superchargers also provides easy breaks for eating, stretching your legs and resting in general. Some say t’s also good to plot out charging points for your trip ahead of time. Others feel most comfortable using Tesla’s internal navigation while driving. It may be worth cross-referencing with multiple platforms, as some have shared stories about being led astray by the internal navigation in their Teslas. Rural routes may be worth avoiding altogether, according to some Tesla owners. Still, some Tesla owners were able to use trickle-charging and other non fast-charger solutions that made camping easy. Tesla owners add that getting into the mindset of “enjoying the journey” helps avoid range decrease or other problems. Fewer maintenance concerns tend to come up on road trips, some Tesla owners say. Additionally, saving money on pricey gas is another major benefit of driving a Tesla or an EV. Camping in your Tesla is easy and comfortable, as some owners have recently reported. Others also tow small camping trailers to add a level of comfort. Some drivers also say that Tesla’s Autopilot and Full Self-Driving (FSD) beta system make the trip more comfortable and relaxing. Some drivers still found long road trips preferable in gas cars after renting EVs, largely due to their bigger gas tanks suitable for longer journeys. === Source: Business Insider

Tesla shares have been on the up and up throughout much of 2023, despite some losing streaks in more recent weeks. With the stock still up 84 percent year to date during Monday trading, some analysts think Tesla shares could now be poised to end their recent losing streak, due to a few important factors. Above: A Tesla logo on a Model X (Image: Casey Murphy / EVANNEX). Barron’s writer Al Root says Tesla stock was “poised to snap a losing streak” on Monday, citing positive outlooks from analysts and the company’s upward movement in the market following a losing streak. Tesla shares were up on Monday after dropping for six days in a row, and for as many as 13 of the past 14 days. In the past six trading sessions, shares were down nearly 10 percent, and around 17 percent over the past 14. On recent drops and dimmed investor outlook in recent weeks, Root notes a combination of market slide, economic uncertainty in China and electric vehicle price concerns. In the last 14 days, Nasdaq Composite has also been down roughly 7 percent, with bond yields rising. Analyst Jeff Chung (Citi) pointed to as many as 23 price cuts at EV companies in China throughout the beginning of August, and the country remains an important market for the emerging auto sector. The surge comes after Baird analyst Ben Kallo included Tesla on a list of “best ideas” after the automaker’s Q2 earnings report. Despite profit margins being impacted by Tesla’s price cuts, Kallo argues, many other catalysts could be set to continue the stock’s boost. With Tesla shares rising throughout Monday trading, Kallo rates the stock a Buy with a $300 price target. As for reasons to have a positive outlook on Tesla shares in the coming weeks and months, Kallo cites the “Cybertruck launch, a wider-scale adoption of Full Self-Driving (FSD), continued growth in the Energy business, expanding into new markets, and a possible AI Day.” The Tesla Cybertruck represents the automaker’s first full-scale vehicle launch since it debuted the Model Y in 2020. It also marks Tesla’s entry into a competitive electric pickup truck market, competing directly against the Ford F-150 Lightning, the Rivian R1T and other companies planning to debut electric trucks. The Cybertruck has been spotted on numerous accounts in recent weeks, both being transported on the highway, and around the Tesla factory in Austin, Texas. While mass production for the new vehicle is set for 2024, initial deliveries are expected to begin this quarter, and some of them even seem to be going out a little earlier than expected. At the time of writing during market open on Monday, Tesla shares are trading at $227.26 (+$11.73), up 5.44 percent. === Source: Barron’s