#Tesla

Tesla often makes news for misbehaving drivers and how they use its technology, but now the automaker is the subject of a different story. Automotive News reported that a data breach impacted the company in May, affecting more than 75,000 people, and was the result of “insider wrongdoing.”

Build Your Dreams, or BYD, is likely one of the largest companies you’ve never heard of. The Chinese giant is one of the world’s busiest EV automakers, with almost 1.9 million units manufactured in 2022. Though enormous, BYD isn’t satisfied with dominating its home market and wants the rest of the Chinese electric auto industry to come with it.

On Wednesday, Stellantis CEO Carlos Tavares suggested that Tesla’s profitability was on the decline due to the automaker having to confront some of the issues of a legacy manufacturer.

"They are entering my world, the world of tight pricing, cost competitiveness, and the operational issues that a big company like ours may face," Tavares told the press during a presentation of Stellantis’ half-year financial report. 

Since everyone loves a little industrial drama, the statement became national news. But is Tesla really on the decline because it’s finally on the level of other multinational automakers or is Tavares just coping? 

It will surprise precisely zero of our readers to learn that some carmakers apply optimistic range estimates to their electric vehicles. Prior to EVs taking the stage, it also wasn’t uncommon – especially prior to changes in methods at the EPA – for cars with internal combustion powertrains to bear outsized fuel economy ratings thanks to twisted testing protocols.

Myself and a few other journalists were talking shop over lunch today and one of us wondered which automaker would be next to adopt the North American Charging Standard for electric vehicles. The same standard developed and used by Tesla.

Nissan jumped on the bandwagon last week.

So, B and B, who's next?

Tesla drivers abusing Autopilot and the company’s “full self-driving” tech have almost become a meme at this point, but there are very real consequences when things go wrong. A California man was behind the wheel of a Tesla Model S in 2019 when it collided with another car, killing the two people inside. The Tesla was using Autopilot at the time, and the driver recently pleaded no contest to two counts of vehicular manslaughter.

The Tesla Cybertruck has finally made it to production, but hopeful buyers shouldn’t be jumping for joy just yet. The company has already confirmed that volume production won’t start until 2024, and if a new Twitter rumor is correct, the truck will only be available in one battery variant at launch.

We’ve been hearing for years that auto shows are a thing of the past and that the internet has killed the personal touches we all loved about the industry. But while it might be true that auto shows aren’t the extravaganzas they once were, it can also be true that there’s still life in the industry and a reason to attend. 

Tesla clearly isn’t just a car manufacturer anymore - it’s a buzzword. For some, it’s a synonym for disruption and innovation; for others, that disruption and innovation aren’t all that welcome. And Tesla’s existence is inextricably linked to politics, the ongoing “Full Self Driving” soap opera, and the Almighty’s gift to headline writers himself, Elon Musk. All of this tends to polarize people into “Love Tesla” and “Loathe Tesla” camps, but I think both camps would agree about the brand’s impact - the company has revolutionized the way mass-market cars are designed, powered, and sold.

Tesla appears to finally be ready to start deliveries of the Cybertruck, nearly four years after its reveal event. Despite the delays surrounding the truck and the elusive Roadster, Tesla has a number of side projects going on, including an electric minibus.

Tesla’s fortunes seem to have brightened in the last few weeks, as Ford, GM, and Rivian announced a switch to its Supercharger network and a new charging plug standard. Now it appears one of Tesla’s charging competitors is jumping on board, as ChargePoint recently announced the availability of the automaker’s NACS plugs at its locations. 

Tesla sparks controversy at almost every turn, but the company’s genius occasionally shines through. It’s becoming increasingly clear that Tesla’s Supercharger network is not only its competitive advantage in the EV space but is a significant asset that will help it remain the company to beat. After Ford, GM, and Rivian signed on to use Tesla’s NACS charging standard, the automaker’s home state of Texas issued new rules requiring that state-sponsored charging stations carry its plugs.

While most automakers were working out what their first all-electric model should be, Tesla was building up a proprietary charging network that helped assure that it would be the EV manufacturer other brands would envy. The vehicles themselves certainly became the benchmark for electric vehicles. But it was the network that guaranteed Tesla’s dominant position in the market. Simply having access to the Supercharger stations is one of the biggest perks of owning a Tesla, as they’re relatively common and suffer less downtime than rival networks.

Despite originally being exclusive to Tesla customers, the brand has decided to open its ports up to the whole world. Ford and General Motors have even signed agreements with the company so that their customers can utilize those charging stations in 2024. Now it appears to be Rivian’s turn.

We've reported on Ford and GM reaching agreements to use Tesla's EV charging standard.

So the obvious question is -- who's next?

It was only a few short days ago we brought you news of Ford announcing it will be granting its EVs the capability of hoovering electricity from Tesla-branded charging stations. If that news gave you whiplash, last night’s announcement of a similar move from General Motors will surely put yer back out.