Tag: Tesla

  • Tesla Launches Affordable Cybertruck Eligible for $7,500 Tax Credit

    Tesla Launches Affordable Cybertruck Eligible for $7,500 Tax Credit

    The Cybertruck’s pricing has now aligned with the Model X in the US, as Tesla begins to send out order invitations for its non-Foundation Series models, just like they said would happen in Q4.

    New Pricing for Cybertruck

    For reservation holders who didn’t choose the high-end Foundation Series trim, the starting price for the AWD Cybertruck is $79,990. This is a significant change for those looking to get their hands on Tesla’s latest electric pickup.

    Additionally, it appears that the Cybertruck qualifies for a $7,500 commercial vehicle tax credit from the government, unlike other Tesla models which are available for point-of-sale dealer deductions.

    Production Increase at Giga Texas

    Tesla has been increasing production of the Cybertruck at Giga Texas, with drone footage showing large parking areas filled with these custom electric trucks. It seems the Cybertruck is now set to make a real impact on Tesla’s shipment figures for Q4, following the Foundation Series units produced last quarter that slightly exceeded analyst expectations.

    What Tesla is offering now to early reservation holders is pretty much the same dual-motor AWD or tri-motor Cyberbeast they’ve been selling up until now, but without the exclusive $20,000 Foundation Series package. This means the Cybertruck AWD can be had for just $79,990 instead of the previous price of around $100,000, while the Cyberbeast is priced just under $100,000.

    Will Fans Convert Reservations?

    It is still unclear if fans of the Cybertruck will actually go ahead and make a purchase, especially since the Foundation Series package includes a wide range of upgrades and accessories, as well as the Cybertruck’s Full Self-Driving option, which is valued at $7,000 for reservation holders.

    At the new price of $79,990, the Cybertruck should also be eligible for the federal point-of-sale tax savings similar to the Model X, not just the commercial tax credit the IRS currently has it listed under. Tesla just revealed these more affordable trims, so it might not be long before the tax credit list is updated for individual buyers, which could lower the price to $72,490 and boost sales.

    Tesla also plans to roll out an even cheaper RWD version next year, likely when they start manufacturing all Cybertrucks using the cost-effective 4680 batteries produced via the dry cathode method, which they expect to achieve by July.

    Sawyer Merritt (X)

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  • Xiaomi SU7 Sales Hit 16,000 in September, Aiming for 20,000 in October

    Xiaomi SU7 Sales Hit 16,000 in September, Aiming for 20,000 in October

    Amid growing rivalry in the worldwide electric vehicle market, Xiaomi’s recent results are attracting notable interest. On October 1, the firm revealed that its sales for September exceeded 10,000 units, achieving this for four straight months. This achievement lays a strong groundwork for the company’s goal of delivering 20,000 units in October, as mentioned by Lei Jun, the founder of Xiaomi Group, during a live show on CCTV.

    Aspirational Goals

    Since its debut in April, the Xiaomi SU7 has established a position in the market, going head-to-head with Tesla’s Model 3 and Model Y. The SU7 is particularly appealing due to its lower price and advanced technology. Reports suggest that deliveries in September were between 15,000 and 16,000 units, showing an increase in consumer awareness and confidence in the Xiaomi brand.

    If the goal for October is achieved, the weekly delivery rate could hit 5,000 units, which puts pressure on the production lines. Yet, Xiaomi’s ability to adapt and strategize has turned potential issues into advantages.

    Production Improvements

    To boost production capacity, Xiaomi has introduced multiple enhancements in its factory setup and manufacturing techniques. From intelligent manufacturing to automated systems, the continuous technological improvements have greatly increased production efficiency. The integration of AI technologies has optimized every stage of the production process, ensuring consistent product quality while minimizing labor expenses.

    User Experience

    The SU7’s carefully designed interiors and cutting-edge multimedia and AI driving assistance systems provide excellent comfort for users. Reports from owners highlight outstanding performance in navigation and voice assistant capabilities. As Xiaomi moves forward in increasing production and broadening its retail footprint, the SU7 is well-positioned to enhance its competitiveness against established brands like Tesla. With a target of 20,000 units for October, Xiaomi is making notable progress in the electric vehicle sector.

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  • Biden Administration Spends $2 Billion on EV Tax Credits for Teslas

    Biden Administration Spends $2 Billion on EV Tax Credits for Teslas

    The U.S. Treasury Department has revealed the total amount of electric vehicle subsidies it has provided since the start of this year.

    Monthly Expenditures

    Previous estimates suggested that the government was spending around $200 million each month on EV tax credits, and those figures were quite accurate. Thanks to the Inflation Reduction Act from the White House administration, American consumers have received at least $2 billion in subsidies for purchasing electric cars. The Treasury refers to these as “upfront savings,” as the tax credit is now taken directly off the retail price by dealers.

    Savings Breakdown

    Janet Yellen from the Treasury noted that the "Biden-Harris Administration’s Inflation Reduction Act is lowering upfront costs for electric and plug-in hybrid vehicles, saving Americans more than $2 billion since January." These savings have benefited approximately 250,000 new clean vehicles, each receiving a $7,500 federal tax credit, along with 50,000 used cars that qualify for a $4,000 subsidy.

    Tesla’s Position

    Recently, Elon Musk stated that Tesla doesn’t rely on these tax credits to sell more vehicles; however, the company did lower the price of its cheapest Model 3 since it didn’t meet the qualification criteria. Additionally, the popular Model Y SUV likely wouldn‘t have sold as well if it weren’t for the federal $7,500 incentive that makes its pricing competitive with gas-powered vehicles.

    The federal EV tax credit is set to continue until 2032, and it will be interesting to see how much the Treasury ultimately spends on this initiative, especially with the variety of electric car models and battery factories expected to qualify for subsidies in the upcoming years.

    Future Earnings

    Tesla is poised to gain the most from this program. With its lineup of electric vehicles, 4680 batteries, Supercharger network, and energy storage solutions, it’s projected to receive at least $41 billion from the government throughout the duration of the subsidy program.

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  • New Material Prevents EV Battery Fires from Thermal Runaway

    New Material Prevents EV Battery Fires from Thermal Runaway

    While Tesla’s data debunks the common belief that electric vehicle (EV) battery fires are frequent, it’s clear that when they do occur, extinguishing them is quite difficult.

    Difficulty in Extinguishing EV Fires

    It requires significantly more water to put out a fire started by an electric vehicle battery. This is due to a phenomenon called thermal runaway, which causes the battery packs to combust spontaneously, and regular fire extinguishers are ineffective against it.

    Before Hurricane Helene struck Florida, Governor DeSantis cautioned electric car owners to move their vehicles to higher ground. After the hurricane, the Dunedin Fire Rescue department tweeted a warning: "if your electric vehicle came in contact with flood water, don’t charge or start it," advising inspections by firefighters for flooded EVs.

    Recent Incidents Highlight Risks

    In a recent incident, the battery pack of a flooded Model X ignited after contact with corrosive saltwater while parked in a garage, leading to a complete structure fire. Previous hurricanes have also seen a rise in EV fires, and one Tesla even caught fire months after being submerged and taken to a junkyard. It required immersing the Model S in a pool of water to extinguish the flames, all due to thermal runaway that can cause short-circuiting in isolated cells to spread throughout the entire battery pack.

    A new material from LG Chem aims to combat thermal runaway effectively. Their researchers developed a composite that quickly reacts to temperature changes by significantly altering its electrical resistance. This material can be fashioned into a thermal runaway prevention layer that is just 1μm thick, positioned between the cathode and the aluminum foil that collects electrons in a lithium battery.

    Innovative Material Design

    This reinforced safety layer is made from polythiophene, which is engineered to change its molecular structure at temperatures exceeding the usual operating range of 90°C – 130°C. As temperatures rise, the material sees a swift increase in electrical resistance, measuring 5,000 ohms for every 1°C increase. Its maximum resistance can reach up to 1,000 times that of standard battery operating temperatures, effectively cutting off the electric current during an ignition event. Thus, this layer functions as a fuse for each battery cell, halting electricity flow and preventing thermal runaway and subsequent fires.

    While previous strategies included inserting temperature-sensitive materials inside the battery cells, they often struggled with slow response times or decreased energy density. However, LG Chem has developed a material that addresses these problems, utilizing their expertise and patented design to facilitate rapid mass production.

    In testing, LG Chem researchers punctured and dropped weights on batteries with and without the new safety layer. None of the modified polythiophene layer batteries experienced full thermal runaway, while all regular batteries in the drop test and 84% of those in the puncture test were completely destroyed.

    Scaling Up Production

    The highlight of this fire prevention innovation is that the new material can be quickly scaled for roll-to-roll mass production. LG has already completed safety verification for phone batteries using this protective layer and plans to certify it for larger electric vehicle packs next year.

    "This is a significant research milestone that can be swiftly implemented in mass production," says the CTO of LG Chem, expressing excitement that this material discovery will "improve safety technology to ensure customers can confidently use electric vehicles."

    LG Chem via Nature.

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  • Model Y Zero Down Payment Deal Continues in Q4 Without 1.99% APR

    Model Y Zero Down Payment Deal Continues in Q4 Without 1.99% APR

    Tesla appears to be gearing up for its holiday promotions for the Model Y, having quickly rolled out a new offer at the start of the fourth quarter. This new deal is essentially an extension of an existing promotion.

    New Lease Offer

    The latest offer includes a Model Y lease with no down payment required, allowing customers to drive away in a Model Y without any initial payment. While a similar zero-down deal was offered just a few weeks ago to boost third-quarter delivery numbers, this one suggests that the Model Y has secured its position as the top-selling vehicle in the US, surpassing the Toyota RAV4.

    With this current offer, buyers can lease the highly popular Model Y for $633 per month without any upfront cost, following the standard 72-month financing plan.

    Pricing Changes

    Even though this monthly payment exceeds the previous $580/month rate that included a federal tax credit during the last quarter, the increase is due to the removal of the APR financing discount. In the earlier promotion, Tesla had slightly raised the APR from a promotional rate of 1.99% to a still favorable 2.49% for most lease terms, except for those lasting 84 months.

    Now, all financing promotions for the Model Y have come to an end, and the current terms do not offer the same incentives. Whether customers opt for the zero-down lease or provide a cash payment, the APR has significantly increased to 5.29%, which is a notable rise compared to last month’s offer.

    Future Prospects

    Additionally, those who select the 84-month financing option will face an even higher APR of 6.29%, making the new offer less attractive than the one introduced earlier. Tesla is expected to announce its quarterly sales figures soon, and there remains a chance for the company to unveil financing rate discounts for the Model Y that buyers are anticipating.

    As Tesla aims to enhance its fourth-quarter numbers, it is also preparing for the upcoming launch of the Model Y Juniper refresh, which is expected to debut next quarter. This new version will feature various specifications and design updates, potentially leading to a significant upgrade cycle for the Model Y.

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  • Cybertruck FSD Review: Quick Lane Switching & Full-Screen Visuals

    Cybertruck FSD Review: Quick Lane Switching & Full-Screen Visuals

    Tesla has announced the launch of the newest Full Self-Driving (Supervised) version 12.5.5, which finally includes the Cybertruck’s FSD option. This comes ten months after the pickup was made available, with the feature included in the Foundation Series trim price.

    Initial Rollout and Feedback

    The rollout of FSD 12.5.5 begins with Tesla employees and Early Access Testers. A key highlight is that Tesla has fulfilled its promise to introduce FSD for the Cybertruck in September. Early reviews of the Cybertruck’s FSD functionality have been mainly positive, with testers noting the impressive polish of this driver-assist system in Tesla’s largest passenger vehicle.

    Performance Insights

    Testers observed that the FSD effectively recognized the size of the Cybertruck and executed notable maneuvers and lane changes. The system demonstrated quick decision-making and responsive reactions. The visualization on the Cybertruck was smoother than that on the Model 3, accurately depicting the movements of other vehicles. While AutoMax performed well in city settings, it was slightly slower on highways. However, testers are optimistic that speed profiles will enhance performance in future updates. The End to End functionality was adequate during highway use, although it took the off-ramp a bit too rapidly. There is curiosity about how it would manage heavy traffic on the 405 during rush hour and on longer interstate routes.

    Maneuvering and Visual Experience

    While the system was somewhat cautious when merging into traffic and took a left turn from an unmarked median lane, it mirrored the cautious behavior of many human drivers. Nonetheless, Tesla has impressively managed to fine-tune the Cybertruck’s handling and quick lane changes, even in this early access version.

    The FSD visualizations on the Cybertruck’s impressive 17-inch display are exceptional, boasting smooth frame rates and full-screen graphics that match the vehicle’s angular design, even representing traffic lights in a sharper style.

    Looking Ahead

    Releasing FSD for the Cybertruck has been on Tesla’s agenda for September, alongside the introduction of Actually Smart Summon and FSD 12.5 for HW3 vehicles. Tesla has successfully delivered all items on its roadmap for the month. Looking forward to October, excitement builds as Tesla plans to unveil the FSD 13 generational leap, which is expected to integrate autonomous Robotaxi services with FSD-equipped Teslas into a unified CyberCab ride-share platform.

    Zack (X), WholeMarsCatalog (YT)

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  • Tesla Robotaxi Reveal Set for October 10, Invitations Sent to Shareholders

    Tesla Robotaxi Reveal Set for October 10, Invitations Sent to Shareholders

    It was originally anticipated that Tesla would reveal its previously leaked Robotaxi in August of this year. However, CEO Elon Musk decided to delay the event, mentioning changes to the vehicle’s front design and the need for extra time for final feature enhancements. Although Tesla had confirmed the Robotaxi event for October 10, expected to take place at the Warner Bros. studio in Los Angeles, CA, invitations had not yet been sent to shareholders, leaving room for further delays.

    Invitations and Expectations

    Today, several Tesla shareholders shared their invitations to the "We, Robot" event on the social media platform X. The anticipation is that Tesla will utilize the Warner Bros. film set for the Robotaxi unveiling. This choice would allow them to provide demo rides to attendees without facing legal issues related to public road testing. There is also speculation that FSD 13 might be announced and launched during this event. This new version is expected to bring features like automated reverse parking and significantly cut down the number of interventions needed for every mile driven on FSD.

    Future of FSD

    It’s important to note that FSD 13 is still anticipated to be a supervised version of Tesla’s automated driving system. This raises questions about how the company plans to achieve full autonomy with the Robotaxi. Earlier this month, the Robotaxi was spotted on the Warner Bros. lot, showcasing a new front bumper design and an unusual appearance that could either be a disguise or a cover for advanced self-driving technology and sensors. The location of this sighting further indicates that the vehicle will be showcased on the film set instead of on public streets.

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  • High-Mileage Model Y Battery Degradation Shows Tesla Longevity

    High-Mileage Model Y Battery Degradation Shows Tesla Longevity

    According to Tesla, its electric vehicle batteries typically lose about 12%-15% of their original capacity by the time they reach 200,000 miles, varying by model. The Model Y, Tesla’s most popular vehicle, was introduced in 2020, and there are now examples that have surpassed the 200,000-mile mark.

    High Mileage Model Ys

    Some Model Ys have exceeded 210,000 miles, while others are approaching the 200,000-mile threshold with the average battery degradation Tesla mentions. Interestingly, some owners report extensive usage and rely solely on Superchargers for charging. One owner with a 180,000-mile Model Y has experienced only 12% battery degradation and charges the vehicle rapidly two times a day without a noticeable increase in battery capacity loss.

    Charging Habits and Battery Degradation

    A recent study has shown that the battery capacity loss from frequent Supercharger use versus slow charging from home wall chargers is statistically negligible. Research from Recurrent indicates that Tesla owners who frequently use Superchargers—around 90% of the time—show similar battery degradation rates as those who use them less often. The high-mileage examples of Model Ys support these findings.

    Historical Context of Battery Performance

    It’s worth noting that Tesla’s official statistics on battery degradation likely do not include early Model S vehicles produced until fall 2015. These older models had a fuse door at the top of the battery pack that could allow moisture to damage them prematurely. While these vehicles contribute to the average EV battery failure rate, they do not affect the average degradation figures because they often did not reach 200,000 miles before the battery was replaced, typically under warranty.

    Nonetheless, some Model S units have been recorded with up to 430,000 miles on their original battery, showing a 28% degradation after eight years. This aligns closely with the capacity loss that Tesla predicts for every 200,000 miles of usage.

    Future Battery Performance

    As the Model 3 and Model Y utilize newer battery technology, the average capacity degradation for Tesla vehicles may improve over time. More Model Y units are expected to surpass the 200,000-mile mark, potentially leading to better overall battery performance statistics.

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  • Tesla Cybertruck Window Breaks After 12 Blows in Firefighter Test

    Tesla Cybertruck Window Breaks After 12 Blows in Firefighter Test

    The Tesla Cybertruck captured attention when it debuted at a Los Angeles event in 2019. Its unique, angular design was striking, but the real buzz came after a demonstration where the truck’s "armored glass" shattered unexpectedly when Elon Musk threw a steel ball at it. This moment quickly went viral, eclipsing other features of the truck. Nonetheless, pre-orders skyrocketed, and now, nearly five years later, another demonstration has showcased the strength of the Cybertruck’s windows.

    Firefighters Put the Glass to the Test

    In a recent training exercise, firefighters attempted to break the Cybertruck’s glass to assess its durability. The test revealed that it took three strikes for the first crack to appear and almost twelve strikes to completely shatter the window. This exercise highlighted the robustness of the Cybertruck’s reinforced glass—a significant aspect that Tesla emphasizes. For first responders, knowing how resilient these windows are is crucial, especially when they need to breach a vehicle’s glass in emergencies, like during accidents or rescue missions.

    Safety Considerations in Emergency Situations

    During the glass-breaking test, the firefighters did not use their full strength while striking the Cybertruck’s windows. Their main concern in real-life scenarios is ensuring the safety of anyone trapped inside the vehicle. When breaking glass in emergencies, responders must be cautious to prevent shards from flying inward, which could injure the occupants.

    Concerns About Escape in Emergencies

    However, the impressive durability of the Cybertruck’s windows does raise some questions. If the glass is excessively strong, it may hinder individuals inside from escaping during a critical situation, such as after an accident. While the security features are beneficial, there is a risk that the windows’ strength could delay rescue efforts or make it difficult for occupants to exit quickly. Future real-world tests may provide further insights into these concerns.

    Owen Sparks (@OwenSparks_ on X/Twitter)

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  • Affordable Model Y Puddle Lights with High-Def Tesla Logo

    Affordable Model Y Puddle Lights with High-Def Tesla Logo

    After a successful introduction in China, Tesla has now brought an affordable and eye-catching accessory to the US: car door puddle lights.

    Affordable Pricing and Easy Installation

    These new Model 3 and Model Y Projection Lights are available for only $65, making them a competitive option compared to other Tesla accessories. Installing them is straightforward; just remove the current driver and passenger door lights and replace them with the new $65 lights.

    Although a 4-pack of similar Model Y projection lights is available for half the price on Amazon, they are not official Tesla products. The official puddle lights from Tesla project a high-definition logo onto the ground whenever the doors are opened.

    Unique Features of Tesla’s Puddle Lights

    According to Tesla, "Model Y Projection Lights project a high-definition Tesla wordmark onto the ground every time you open the door of your Model Y." This set includes two projection lights designed to replace the standard door lights of both the Model 3 and Model Y. The old lights can be easily removed with a flathead screwdriver, and the new puddle lights can be installed by connecting the existing cable.

    Tesla has also introduced an ambient light retrofit for the Model Y in China, which pairs well with the new Projection Lights accessory. This RGB retrofit, featuring 256 colors, costs $180 in China. However, it requires modifications to the textile dashboard of the updated 2023 Model Y, meaning the wood grain dashboard must be swapped out.

    Simple Replacement Process

    Fortunately, no such modifications are needed for the new official Model Y Projection Lights, as they simply replace the existing lights at the bottom of the driver and passenger doors.

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