TorqueNews Hot Topics (Page 35)

Late last night, Tesla once again massively cut Model S & X prices. Model X now starts at $79,990 which makes it qualify for the $7,500 federal EV tax incentive. And even more surprisingly, Tesla has also cut the price of FSD by 25%.

A new up close Project Highland Model 3 picture confirms the upgrade will not give the all-electric sedan a hatchback. However, for those disappointed, Tesla has implemented yet another price cut bringing the starting price of a Model 3 even lower.

The Biden administration has once again opened an investigation into Elon Musk & his companies. The new SEC & DOJ investigation claims Musk used millions of dollars from Tesla to build himself a glass house. Musk has categorically denied all allegations.

Tesla’s battery research partnership with Dr. Jeff Dahn of Dalhousie University has announced 4 breakthrough batteries. One of these breakthroughs is a 4 million-mile battery, however, 2 of the remaining cell prototypes are even more impressive.

Elon Musk a couple of days back said that Tesa vehicles with HW4 computers will not get FSD for at least 6 months. However, late last night, in a surprising move, Tesla released FSD Beta 11.4.4 to HW4 vehicles in North America – here is what’s going on.

Tesla reached an important milestone producing 1st 100 Cybertrucks at Giga Texas. Tesla is shipping these vehicles to service centers across the US. The EV maker plans to simultaneously deliver the trucks at multiple locations during the delivery event.

Elon Musk has confirmed that Tesla will not start work on enabling FSD on HW4 vehicles until the EV maker solves level 5 autonomy on HW3 vehicles globally. Although great for HW3 vehicle owners, this could push FSD access on HW4 until 2025.

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Late last night, Tesla officially sent out Cybertruck Delivery Event invites. Although it costs 30,000 credits (≈$4,000) to attend the event, the 1st attendees have already started taking their place. Tesla has also confirmed the delivery event location.

In a new leaked internal email, Elon Musk rallies Tesla employees to achieve the same build precision with the Cybertruck as that of LEGO and soda cans. Musk’s comments come after he reviewed a “production candidate” Cybertruck with fit & finish issues.

A new South Korean video of the inside of Tesla’s Shanghai Gigafactory suggests Tesla is leaning towards South Korea as the location for the company’s upcoming Gigafacotry. Tesla is expected to announce the new location before the end of the year.

Tesla has been spotted with a large filming crew shooting a new video of a release candidate Cybertruck sliding on a glacier in Iceland. Tesla is utilizing a Range Rover to film in the challenging icy conditions.

Tesla famously has a deal to supply Hertz 100,000 Model 3 and Ys for the company’s rental car fleet. However, a new Tesla job opening suggests that the EV maker is in the early stages of setting up its own car rental service.

Latest Project Highland Model 3 leaks suggest that Tesla has already started producing the refreshed Model 3 at Giga Shanghai. However, today, a new and more credible report pushes the start of Highland Model 3 production to next month.

On Monday Elon Musk announced that night he’ll use FSD v12 to drive to Mark Zuckerberg’s house for a fight. The fight did not go down as planned still Musk says he’ll go through with the FSD v12 live stream next week without the Zuckerberg fight.

Tesla has launched two new variants of the Model S & X. The Model S & X Standard Range have cheaper starting prices and lower specs going as low as 269-miles EPA range.

Tesla has once again cut vehicle prices in China. The new price cuts lower the starting price of the Model Y Long Range & Performance by $1,950. The price cuts are expected to further lower Tesla's operating gross profit which is already down 50% in 2023.

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Elon Musk has confirmed on X that he tested FSD v12 alpha build today and says that “it’s mind-blowing.” FSD v12 ditches Tesla’s HydraNet for a simple & elegant single AI model and Tesla expects v12 to be the final approach to reach level 4 autonomy.

New leaked images show a Cybertruck prototype wrapped by Tesla to look exactly like its main competitor, the Ford F-150 Lighting. The Images also show the Cybertruck’s surprisingly small frunk space, the octovalve, 48-volt wiring, and front casting.

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Elon Musk in a recent tweet has hinted at the Cybertruck’s starting price as being lower than that of the Ford F-150 Lightning. Musk’s comment comes in response to a news article reporting that Ford has decreased the starting price of the F-150 Lightning to $50,000.

Tesla, today, through the company’s official Twitter page has revealed the first picture of the production Cybertruck built at Giga Texas. The picture confirms 2 of the more controversial features of the Cybertruck – the Giga wiper & yoke steering wheel.

According to China Passenger Car Association (CPCA) data, in June, Tesla produced 93,680 vehicles. June’s number pushes Tesla’s Giga Shanghai vehicle production in Q2 to 247,127 vehicles. This amounts to 53% of Tesla’s total production.

Tesla has posted a new quarterly record producing and delivering 480,000 and 466,000 vehicles respectively. Wall Street has taken these numbers very positively as Tesla's stock has gone up by a whopping $57 billion in a single day.

Tesla has been working hard for the past 3 years to improve the functionality of the company's FSD Beta software. And now, Elon Musk says the software will no longer be in the beta phase after the next major FSD update (FSD v12).

Elon Musk has confirmed that after Tesla releases the next major FSD Beta upgrade, the software will no longer be in beta. This means the next FSD Beta update will simply be called FSD v12 and points to Tesla's increasing confidence in the FSD software's driving capabilities.

For the first time today, multiple Cybertrucks have been spotted together outside a Tesla facility. And, making this sighting even more special, the Cybertrucks were being hauled on the highway on the back of a Ford F-250 truck. Ford F series of trucks are expected to be the Cybertruck's main competition when the futuristic truck finally begins deliveries.