#tesla

Companies often tout their green initiatives as a way to drum up new business, but the expensive reality of investing in EVs and other technologies isn’t always clear up front. Hertz found that out the hard way, as it aggressively invested in new EVs for its rental fleet a couple of years ago, only to begin selling them off in 2024.

Marijuana is legal in several states, and you can even order ketamine from a Facebook ad. What you do behind closed doors is, in most cases, your business, but what about if you’re the CEO of several companies with combined values in the hundreds of billions of dollars? That’s a question Tesla’s board members are facing, as CEO Elon Musk’s alleged drug use has been plastered across the internet and news stations everywhere.

Smart home devices and hubs can be awesome or infuriating, depending on how you use them. Even so, Samsung hopes to keep things simple with its newest efforts, which see it partnering with two automakers to integrate EV and other functions with its SmartThings platform.

Tesla has long been accused of being, um, “overly optimistic” about its EVs’ range estimates. Its vehicles often fall further from their EPA estimates than other models, prompting an investigation by the DOJ and owner complaints. Now, the automaker has quietly reduced its advertised range estimates, with some falling by significant amounts.

Redesigning the wheel is great, as long as the thing you’re changing actually needs it. Automakers are primary offenders in this area, changing the gear selector and many other long-consistent components.

Tesla changed several things in its vehicles, the most baffling of which is the turn signal stalk, which it removed in favor of steering wheel-mounted buttons. That “update” is cause for concern for driving schools in Norway, where many instructors believe the buttons are dangerous in some situations and have banned Teslas from their lessons.

Tesla just had its best sales year ever, beating its sales target and delivering more than 484,000 vehicles in the fourth quarter. Despite that success, the company fell behind Chinese automaker BYD for the first time.

Lost a bit in the holiday rush here at TTAC was a new Reuters story about Tesla blaming the buyers of its cars for parts failures.

Tesla recently began rolling out its refreshed Model 3 sedan in some global markets, and the automaker is now gearing up for an update to its best-selling model. Bloomberg broke the story, which claims that the Model Y is due for a thorough update next year.

Tesla earns a lot of bad press for its semi-autonomous driving features and misbehaving drivers, but the automaker’s charging network is rarely a target of criticism. Other companies have jumped on board with Tesla’s Superchargers, vowing to adopt the standard for new EVs, and now Tesla has a handful of new automakers joining the fray. Audi, Porsche, Scout, and Volkswagen will all move to Tesla’s North American Charging Standard (NACS) starting in 2025.

Tesla is famously non-union, but it’s not immune to the effects of a well-negotiated UAW contract. The automaker is significantly boosting pay for workers at its factory in Sparks, Nevada, by as much as ten percent, bringing it closer in line with the wage increases seen by union auto workers.

Tesla is recalling over 2 million vehicles in the United States that have been equipped with its Autopilot advanced driver-assistance system. Efforts come after years of media attention and federal safety regulators suggesting that the system posed safety concerns. The automaker is reportedly issuing an over-the-air update that will add new safeguards against distracted driving.

The National Highway Traffic Safety Administration (NHTSA) has been formally investigating the EV manufacturer for the last two years and believes Autopilot poses enough of a safety risk in its current format to push for the recall. That makes this the largest example in the company’s history, encompassing just about every Tesla model ever produced.

Now that I've had nearly a week to digest the Tesla Cybertruck news, I've come to the conclusion that the Cybertruck will neither revolutionize the automotive market nor be such a flop that it kills Tesla.

Today's QOTD is quite simple -- would you, if you have the dough, buy a Tesla Cybertruck?

Last night, Tesla finally unveiled the production Cybertruck. Four years after we first saw it -- "we" meaning society. Us TTAC folk weren't at either event.

Elon Musk has no trouble generating words, both the ones that come out of his mouth (and keyboard fingers) and the ones that breathlessly recap the first type. There was the post on X agreeing with an antisemitic statement, though Musk later apologized. More recently, the controversial CEO shared his thoughts (again) on unions, saying that he believes a Tesla employee union would be a mistake, among many other statements.