Tesla Planning to Stop Taking New Vehicle Orders

Tesla Planning to Stop Taking New Vehicle Orders

We have some news, from Ryan Shaw, that Tesla is possibly going to stop taking new orders for vehicles. Due to consistent price increases, due to raw material and supply shortages, a Tesla has become out of reach for most people. Will Tesla stop taking orders for new cars? Let's find out.

Tesla has raised prices of the Model Y in Canada along with the price of FSD from $10,600 CAD to $12,800 CAD. Because deliveries are up to a year away, Tesla is raising prices now in order to compensate for the price increases of raw materials.

Regarding demand and delivery timelines, in a new interview with Elon Musk, he said that demand is getting so high for their vehicles that Tesla may have to stop taking orders, due to the long manufacturing lines. Demand is now exceeding production to a ridiculous degree.

Some of the time for new orders is a year or more away. The base Model Y is sold out more than any other car, along with the Model X. I could see Tesla slowing down orders or stopping orders for the base Model Y.

Other Tesla News - Dojo Secrets Stolen

Tesla has also sued a former engineer for stealing Dojo supercomputer secrets. Elon Musk has been talking about this for some time and that it is the fastest AI training machine, designed by the Tesla team internally. The chip is like GPU-level compute with a CPU level flexibility and twice the network chip level 10 bandwidth.

Tesla is suing an engineer who worked on the Dojo projects who stole confidential and tightly guarded information. Tesla said that Alexander Yatskov allegedly stole "confidential and tightly guarded" information related to the company's supercomputer technology, Project Dojo. Tesla accuses Yatskov of downloading the information to his personal devices and refusing to give it back.

Tesla says all engineers sign a non-disclosure agreement that should prevent them from disclosing or storing confidential information about Dojo, which TEsla says Yatskov has violated by allegedly removing Tesla confidential information from work devices and putting it on his own personal devices.

The company also says it discovered Yatskov sending emails with classified Tesla information from his personal email address to his work email. Tesla said this is a case about illicit retention of trade secrets by an employee who committed illicit acts and tried to cover his tracks.

We have two main things then - will Tesla stop offering new orders for some of its vehicles? And will Tesla be able to get its Dojo secrets back from a former employee? We'll stay tuned to see how these two scenarios play out.

Will Tesla stop orders for new vehicles? Will Tesla get its trade secrets back for Dojo?

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Jeremy Johnson is a Tesla investor and supporter. He first invested in Tesla in 2017 after years of following Elon Musk and admiring his work ethic and intelligence. Since then, he's become a Tesla bull, covering anything about Tesla he can find, while also dabbling in other electric vehicle companies. Jeremy covers Tesla developments at Torque News. You can follow him on Twitter or LinkedIn to stay in touch and follow his Tesla news coverage on Torque News.

Image Credit, Ryan Shaw, Screenshot