Tesla to unveil robotaxi on August 8, budget EV not cancelled, says Elon Musk
8 months, 2 weeks ago

Tesla to unveil robotaxi on August 8, budget EV not cancelled, says Elon Musk

Firstpost  

Amid reports that Tesla would cancel their $25,000 budget programme, Elon Musk has come out and announced that not only are they not cancelling the budget EV, they are also planning to launch a robot taxi by 2025 Tesla CEO Elon Musk has announced plans to introduce a robotaxi on August 8th, shortly after a Reuters report revealed the company’s decision to abandon its efforts to produce a low-cost electric vehicle. The report suggested that Musk directed Tesla to focus entirely on developing robotaxis utilizing the company’s small-vehicle platform, contradicting previous statements about an affordable EV. The abandoned project, internally known as “Redwood” and speculated to be Tesla’s anticipated “Model 2,” was aimed at producing 10,000 vehicles per week. This approach was outlined in Tesla’s 2006 “Secret Tesla Motors Master Plan,” where Musk underscored the role of high-end cars in funding the development of budget-friendly options.

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History of this topic

The withering dream of a cheap American electric car
1 month, 1 week ago

The withering dream of a cheap American electric car

Live Mint  

The dream of a $25,000 electric vehicle for U.S. drivers is in trouble. Musk isn’t alone in taking a sour view of making a cheap EV for the U.S. “That market sucks,” Peter Rawlinson, chief executive of Lucid Motors, told me and my colleague Christopher Mims for our new podcast, called “Bold Names.” Lucid which has begun taking orders for …

Elon Musk's Tesla hits $1 trillion market value after Trump win
1 month, 2 weeks ago

Elon Musk's Tesla hits $1 trillion market value after Trump win

India Today  

Tesla's market value closed above the $1 trillion mark in a sharp rally on Friday, on expectations that CEO Elon Musk's companies will get favourable treatment under President-elect Donald Trump for his extensive support during the poll campaign. "Tesla and CEO Elon Musk are perhaps the biggest winners from the election result, and we believe Trump's victory will help expedite …

Tesla's value dropped by $60 billion following 'glowing' unveiling of Cybercab robotaxi. Here's why
2 months, 1 week ago

Tesla's value dropped by $60 billion following 'glowing' unveiling of Cybercab robotaxi. Here's why

Firstpost  

Many analyst expected more specific data, such as timelines and production numbers, which are typically provided at Tesla’s events. Instead, the showcase focused heavily on branding and promoting Tesla’s broader vision, leaving the investment community with little to work with However, despite the big promises, many investors and analysts left the event feeling unsatisfied. Analysts pointed out that the presentation …

Elon Musk reveals the Cybercab, Tesla’s self-driving robotaxi
2 months, 1 week ago

Elon Musk reveals the Cybercab, Tesla’s self-driving robotaxi

The Independent  

Tesla boss Elon Musk has revealed his company’s vision for driverless vehicles at an event with plenty of Hollywood glitz at Warner Bros Studio in Los Angeles. open image in gallery Musk claims Tesla’s self-driving van can seat up to 20 people, room enough for an entire bridal party according to this concept art. It’s a revolution.” The 20-seat robovan …

Tesla's new robot Optimus dons ridiculous outfit at event hosted by Elon Musk
2 months, 1 week ago

Tesla's new robot Optimus dons ridiculous outfit at event hosted by Elon Musk

Daily Mail  

Elon Musk hosted a Hollywood event Thursday night to unveil Tesla's long-rumored Robotaxi - but it was the company's bartending Optimus that stole the show. Elon Musk hosted an event Thursday night to unveil Tesla's new Robotaxi, but a bartending Optimus robot stole the show The event 'We, Robot,' held in Los Angeles, showcased Tesla's driverless Robotaxi, a futuristic autonomous …

Inside Tesla's futuristic Robotaxi: Elon Musk's long-awaited driverless cab features NO steering wheel or pedals - and could cost less than $30,000
2 months, 1 week ago

Inside Tesla's futuristic Robotaxi: Elon Musk's long-awaited driverless cab features NO steering wheel or pedals - and could cost less than $30,000

Daily Mail  

You could easily mistake it for a prop from the latest science-fiction blockbuster. The two passengers will simply sit back and allow the car to drive itself Launched at Tesla's 'We, Robot' event last night, the Robotaxi is the first Tesla vehicle designed to be fully autonomous. The new Tesla Robotaxi is expected to cost less than $30,000 and only …

Facing skepticism, Elon Musk unveils prototype for driverless robotaxi
2 months, 1 week ago

Facing skepticism, Elon Musk unveils prototype for driverless robotaxi

LA Times  

Elon Musk unveiled the Cybercab on Thursday night at a highly anticipated event on the Warner Bros. Studios lot in Burbank. Tesla Chief Executive Elon Musk presented a lofty vision for the future Thursday night, unveiling prototypes of a self-driving taxi and van that he said would revolutionize travel and claiming the electric car company would put fully autonomous vehicles …

Robotaxi unveiling delayed due to an important design change: Musk
5 months, 1 week ago

Robotaxi unveiling delayed due to an important design change: Musk

India TV News  

Elon Musk, CEO of Tesla has signalled that the automaker will take more time to unveil its robotaxi. With the road to developing robotaxis and autonomous driving systems facing several engineering and regulatory hurdles, Wall Street analysts and Tesla investors have noted that a delay in the robotaxi launch would not be a surprise. Musk announced the August unveiling day …

Tesla CEO Elon Musk appears to confirm delay in Aug. 8 robotaxi unveil event to make design change
5 months, 1 week ago

Tesla CEO Elon Musk appears to confirm delay in Aug. 8 robotaxi unveil event to make design change

Associated Press  

DETROIT — Tesla CEO Elon Musk on Monday appeared to confirm a report that the company’s much-ballyhooed event to unveil a robotaxi will be delayed beyond its scheduled Aug. 8 date. For many years Musk has said Tesla’s “Full Self Driving” system will allow a fleet of robotaxis to generate income for the company and Tesla owners, making use of …

Elon Musk tries to make himself indispensable at Tesla ahead of pay vote
7 months, 2 weeks ago

Elon Musk tries to make himself indispensable at Tesla ahead of pay vote

Live Mint  

Elon Musk likes to say he doesn’t want to be CEO of Tesla. “Tesla will spend around $10B this year in combined training and inference AI, the latter being primarily in car," Musk tweeted recently. In this case, Tesla faces an EV market contending with increased competition in China and growing popularity of hybrids in the U.S.; the promise of …

Deciphering Tesla’s lans for a cheaper car demands a Muskology degree
7 months, 3 weeks ago

Deciphering Tesla’s lans for a cheaper car demands a Muskology degree

Live Mint  

The chief executive loves to talk about the future of robot cars and what might come. “These new vehicles, including more affordable models, will use aspects of the next-generation platform as well as aspects of our current platforms, and we’ll be able to produce on the same manufacturing lines as our current vehicle lineup," Musk told analysts Tuesday. When the …

Elon Musk’s investor call: From Robotaxi to Optimus robot, 5 crucial insights from Tesla’s earnings call
7 months, 4 weeks ago

Elon Musk’s investor call: From Robotaxi to Optimus robot, 5 crucial insights from Tesla’s earnings call

Live Mint  

Elon Musk makes multiple promises to investors, analysts for Tesla: Electric vehicle manufacturer Tesla saw its first-quarter net income plummet by 55 percent, in results released on April 23, AP reported. Robotaxi and Tesla Transforming into an AI Company During Tesla's first-quarter earnings call, Musk made a decisive declaration to investors: Tesla is now transitioning into an artificial intelligence company, …

Tesla profits have plummeted. Elon Musk remains all-in on robotaxis
8 months ago

Tesla profits have plummeted. Elon Musk remains all-in on robotaxis

NPR  

Tesla profits have plummeted. Elon Musk remains all-in on robotaxis Enlarge this image toggle caption Ebrahim Noroozi/AP Ebrahim Noroozi/AP After a barrage of bad news and a sharp drop in profits at Tesla, CEO Elon Musk sought to reassure investors on Tuesday that the revolutionary electric vehicle company is still on a long-term path to growth — thanks to AI …

Tesla cuts prices globally after Cybertruck recall and stock downturn
8 months ago

Tesla cuts prices globally after Cybertruck recall and stock downturn

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. The price reduction came after Tesla’s stock dropped below $150 per share on Friday and wiped out …

Tesla knocks $2,000 off prices for 3 EVs after shares crash 39% YTD on falling sales
8 months ago

Tesla knocks $2,000 off prices for 3 EVs after shares crash 39% YTD on falling sales

Live Mint  

Tesla knocked $2,000 off the prices of three of its five models in the United States late Friday, another sign of the challenges facing the electric vehicle maker led by billionaire Elon Musk. The company cut the prices of the Model Y, a small SUV which is Tesla's most popular model and the top-selling electric vehicle in the US, and …

Tesla cuts US prices for 3 of its electric vehicle models after a difficult week
8 months ago

Tesla cuts US prices for 3 of its electric vehicle models after a difficult week

Associated Press  

Tesla knocked $2,000 off the prices of three of its five models in the United States late Friday, another sign of the challenges facing the electric vehicle maker led by billionaire Elon Musk. The company cut the prices of the Model Y, a small SUV which is Tesla’s most popular model and the top-selling electric vehicle in the U.S., and …

Tesla pulls a U-turn on affordable vehicle plans
8 months, 2 weeks ago

Tesla pulls a U-turn on affordable vehicle plans

China Daily  

Tesla showcases its models at the Beijing auto show in 2020. As recently as January, Musk told investors that Tesla planned to start production of the affordable model at its Texas factory in the second half of 2025, following an exclusive Reuters report detailing those plans. A fourth person with knowledge of Tesla's plans expressed optimism about the decision to …

Tesla robotaxi to be unveiled on August 8: Elon Musk
8 months, 2 weeks ago

Tesla robotaxi to be unveiled on August 8: Elon Musk

Hindustan Times  

Tesla will reveal its long-awaited robotaxi on August 8, CEO Elon Musk announced on Friday. Tesla CEO Elon Musk waves as he leaves the Tesla Gigafactory for electric cars after a visit in Gruenheide near Berlin, Germany, Wednesday, March 13, 2024. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} “Tesla Robotaxi unveil on August 8,” Musk posted on his social media platform X without …

Tesla robotaxi to be unveiled on August 8: Elon Musk
8 months, 2 weeks ago

Tesla robotaxi to be unveiled on August 8: Elon Musk

Hindustan Times  

Tesla will reveal its long-awaited robotaxi on August 8, CEO Elon Musk announced on Friday. Tesla CEO Elon Musk waves as he leaves the Tesla Gigafactory for electric cars after a visit in Gruenheide near Berlin, Germany, Wednesday, March 13, 2024. “Tesla Robotaxi unveil on August 8,” Musk posted on his social media platform X without sharing details about the …

Tesla loses over $82 billion, stock plunges 12% in a single day after ‘disastrous’ earnings call
10 months, 3 weeks ago

Tesla loses over $82 billion, stock plunges 12% in a single day after ‘disastrous’ earnings call

Firstpost  

The stock value of Tesla saw a significant dip of just over 12% on Thursday following remarks by CEO Elon Musk highlighting the challenges posed by Chinese electric-car manufacturers, whom he referred to as “the most competitive car companies in the world.” During Tesla’s earnings call on Wednesday, Musk praised Chinese carmakers such as BYD, Geely, and SAIC, emphasizing their …

India to be first non-European market for Tesla's proposed ‘most affordable car’: Report
1 year ago

India to be first non-European market for Tesla's proposed ‘most affordable car’: Report

Hindustan Times  

According to a report, India will be the second market and first non-European destination for a proposed 2-door electric car from Elon Musk's Tesla, with the model also being the largest EV manufacturer's ‘most affordable’ vehicle. “While Tesla has earmarked its German facility for this most affordable car, it expects sizable volumes of this model from the Indian market. Meanwhile, …

Elon Musk-led Tesla to launch its cheapest EV in Germany, followed by India, to cost 25,000 Euros
1 year, 1 month ago

Elon Musk-led Tesla to launch its cheapest EV in Germany, followed by India, to cost 25,000 Euros

Firstpost  

Elon Musk’s Tesla is set to launch its cheapest EV soon. Tesla is also set to start importing its EV in India soon Elon Musk’s EV company Tesla is set to introduce its most affordable model, priced at 25,000 Euros, as a two-door car in Germany, as per a report by Moneycontrol. While specific details about the models intended for …

Elon Musk’s Halloween Scare: Personal wealth nosedives by $41 bn as EV sales tank in the US
1 year, 1 month ago

Elon Musk’s Halloween Scare: Personal wealth nosedives by $41 bn as EV sales tank in the US

Firstpost  

It seems that for Elon Musk, Halloween is off to a bad start. This is mainly because of the sudden and drastic slump in sales of EVs Elon Musk took another big hit to his wealth on October 30, just before Halloween, and it’s like adding a spooky twist to the already scary news for electric vehicles. By 2:15 PM, …

Are people giving up on EVs? Elon Musk lost $28 billion as Tesla took a beating last quarter
1 year, 1 month ago

Are people giving up on EVs? Elon Musk lost $28 billion as Tesla took a beating last quarter

Firstpost  

The sale of EVs is slowing down at an alarming pace. Tesla reported disappointing quarterly earnings for a variety of reasons, because of which Elon Musk lost about $28 billion in his personal wealth. Other automakers, are looking at options other than EVs Tesla, led by Elon Musk, reported disappointing quarterly earnings, prompting investors to reevaluate their expectations for the …

Elon Musk unveils exciting details on Tesla’s upcoming small electric car
1 year, 9 months ago

Elon Musk unveils exciting details on Tesla’s upcoming small electric car

Live Mint  

Tesla CEO Elon Musk is eager to expand the company's reign in the electric vehicle market by offering a diverse range of products, including a more affordable EV. Although he had previously stated his desire for a product cheaper than the current most affordable Tesla Model 3, Musk has now shared crucial details about the upcoming smaller EV. According to …

Elon Musk may announce plan to build Tesla's affordable electric car this week
1 year, 9 months ago

Elon Musk may announce plan to build Tesla's affordable electric car this week

Hindustan Times  

Tesla Chief Executive Elon Musk has for years teased the world with his dream of an affordable electric car. Musk said last year he shelved the plan for a $25,000 car, known as Model 2, and he hasn't mastered the new battery technology that he has stated would be crucial to the cheap cars. Guidehouse Insights analyst Sam Abuelsamid said …

Elon Musk gives update on 'Cybertruck' as Tesla shares new video
1 year, 10 months ago

Elon Musk gives update on 'Cybertruck' as Tesla shares new video

Hindustan Times  

Tesla CEO Elon Musk on Friday announced that 'Cybertruck' is "very close" to its "production design". Still many small tweaks to make it better, but this is very close to production design.” Musk previously stated that production of the Cybertruck will begin this summer. Musk previously stated that production of the Cybertruck will begin this summer.“We do expect production to …

Tesla doubles discounts on Model 3, Model Y vehicles
2 years ago

Tesla doubles discounts on Model 3, Model Y vehicles

Live Mint  

Tesla Inc. has doubled the discounts offered on its Model 3 and Model Y electric vehicles delivered in the U.S. this month, according to its website, fueling concern demand for autos from Elon Musk’s car company may be softening. The stock is down more than 60% this year, falling further than the broader market, driven in part by investor concerns …

Tesla working on revamped Model 3, codenamed it project ‘Highland’: Report
2 years ago

Tesla working on revamped Model 3, codenamed it project ‘Highland’: Report

Hindustan Times  

Tesla is developing a revamped version of Model 3, according to four people with knowledge of the effort, as the top EV maker aims to cut production costs and boost the appeal of the five-year-old electric sedan. The revamp of the battery-powered sedan, which could also include some changes to the Model 3’s exterior and powertrain performance, will go into …

From Cybertruck to a self-driving Robotaxi: Bizarre tech Tesla has announced but never released
2 years, 2 months ago

From Cybertruck to a self-driving Robotaxi: Bizarre tech Tesla has announced but never released

Daily Mail  

The robot will sell for 'less than $20,000 ' and be available 'in three to five years', according to Musk Optimus is designed to do jobs in factories, but Tesla reassures it will be friendly and make a good companion Elon Musk's company revealed its first humanoid robot, Optimus, at its AI Day event in California last Friday After months …

Elon Musk set to showcase Tesla's humanoid robot after delay
2 years, 2 months ago

Elon Musk set to showcase Tesla's humanoid robot after delay

The Hindu  

Tesla CEO Elon Musk has said a robot business will be worth more than its cars, and on Friday investors, customers and potential workers expect to see a prototype at Tesla's "AI Day" that could prove whether the bot named "Optimus" is ready for work. The robot will be the star of the AI show, but Musk is also expected …

Tesla Surpasses 3 Million Car Production Milestone: Elon Musk
2 years, 4 months ago

Tesla Surpasses 3 Million Car Production Milestone: Elon Musk

News 18  

Elon Musk has announced that his electric car company Tesla surpassed the milestone of producing 3 million vehicles. In an earnings call, Musk said that Tesla’s new factory outside of Berlin crossed 1,000 cars per week in June. pic.twitter.com/2Aee6slCuv— Elon Musk August 14, 2022 Over 413,000 EVs were sold in the US in H1 2022, including over 64,000 electric pick-up …

Tesla will HIKE the prices for all its cars by at least $3,000 - with a Model Y now costing $65,990
2 years, 6 months ago

Tesla will HIKE the prices for all its cars by at least $3,000 - with a Model Y now costing $65,990

Daily Mail  

Tesla has significantly increased the prices of its entire car lineup once again - as the US continues to struggle with surging inflation and record gas costs. The increases, which the company says is due to supply chain issues, saw the price tag for the Model S increase by $5,000, from $99,990 to $104,990 The hike, the second so far …

Elon Musk Announces Tesla Artificial Intelligence Day 2.0 in August with ‘Many Cool Updates’
2 years, 7 months ago

Elon Musk Announces Tesla Artificial Intelligence Day 2.0 in August with ‘Many Cool Updates’

News 18  

Elon Musk said on Twitter on Wednesday that American electric vehicle giant Tesla will hold a second “AI Day” during which “many cool updates” will be released. So many cool updates!” Tesla has begun to hold somewhat regular annual events with specific subjects at the centre of the presentation in recent years. At Tesla’s debut AI Day, when Musk said …

Musk says Tesla will build vehicle designed to be a robotaxi
2 years, 8 months ago

Musk says Tesla will build vehicle designed to be a robotaxi

Associated Press  

AUSTIN, Texas — Tesla will build a vehicle dedicated for use as a robotaxi, and it will start making three new vehicles next year, CEO Elon Musk told fans at a party celebrating the opening of a Texas factory. Musk didn’t give details of the robotaxi other than to say it will “look quite futuristic.” He also said Tesla will …

Musk says Tesla will build vehicle designed to be a robotaxi
2 years, 8 months ago

Musk says Tesla will build vehicle designed to be a robotaxi

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Tesla will build a vehicle …

Tesla posts record profit, won’t produce new models in 2022
2 years, 10 months ago

Tesla posts record profit, won’t produce new models in 2022

Associated Press  

DETROIT — Tesla Inc. on Wednesday posted record fourth-quarter and full-year earnings as deliveries of its electric vehicles soared despite a global shortage of computer chips that has slowed the entire auto industry. Although the company predicted it would be able to build 50% more vehicles than it made last year, CEO Elon Musk said the chip shortage would stop …

Elon Musk says ‘no discount’ after Tesla bags Hertz order for 1 lakh cars, market value breaches $1 Tn
3 years, 1 month ago

Elon Musk says ‘no discount’ after Tesla bags Hertz order for 1 lakh cars, market value breaches $1 Tn

Firstpost  

Hertz’s order for one lakh Teslas – one of the largest purchases of EVs in history – triggered a rally in Tesla’s stock, driving its market value over the $1 trillion mark for the first time. Hertz announced Monday that it will buy 100,000 electric vehicles from Tesla, one of the largest purchases of battery-powered cars in history and the …

Robots: Elon Musk reveals plans to launch 'Tesla Bot' in 2022
3 years, 4 months ago

Robots: Elon Musk reveals plans to launch 'Tesla Bot' in 2022

Daily Mail  

Tesla may launch a humanoid robot next year, designed to handle dangerous, repetitive, or boring work people don't like to do, CEO Elon Musk has announced. Mr Musk said that the robot would stand at around five feet, eight inches tall and could handle jobs from picking up groceries to bolting together cars with a wrench. Scroll down for video …

Tesla discontinues cheapest $35,000 Model 3 cars, to be replaced by new 2021 Model 3
4 years, 1 month ago

Tesla discontinues cheapest $35,000 Model 3 cars, to be replaced by new 2021 Model 3

India TV News  

Electric car-maker Tesla's cheapest $35,000 Model S will now be replaced by new 2021 Model 3 models for which the price is yet to be announced. The Elon Musk-run company in 2019 had launched the Model 3 Standard Range version for $35,000 — delivering on a promise made long ago. "Sources familiar with the matter told Electrek that Tesla informed …

Elon Musk drops Tesla Model S price to $69,420 as a joke
4 years, 2 months ago

Elon Musk drops Tesla Model S price to $69,420 as a joke

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Elon Musk has announced that Tesla is cutting the price of its flagship …

Elon Musk Announces Further Reduction in Tesla Model S Prices, Now Starts at $69,420
4 years, 2 months ago

Elon Musk Announces Further Reduction in Tesla Model S Prices, Now Starts at $69,420

News 18  

Elon Musk has announced further price cut of the base Tesla Model S, which will now retail for $69,420. CEO Elon Musk too on to Twitter to announce the new pricing saying that the “gauntlet has been thrown down" in response to Lucid’s announcement that its 406-mile Air sedan would be priced to compete with Tesla’s larger sedan. Not only …

Tesla’s Battery Day: Model S Plaid and a $25,000 EV
4 years, 2 months ago

Tesla’s Battery Day: Model S Plaid and a $25,000 EV

The Hindu  

Elon Musk took to the stage from the parking lot of a Tesla factory in California on Tuesday afternoon. On Tesla's Battery Day 2020, the EV maker made two major announcements: a new Plaid powertrain for the Model S and a $25,000 Tesla. Tesla Model S Plaid As part of the battery day presentation, Elon Musk showed the new version …

Elon Musk promises $25,000 Tesla and says Model S ‘Plaid’ is coming soon
4 years, 3 months ago

Elon Musk promises $25,000 Tesla and says Model S ‘Plaid’ is coming soon

CNN  

CNN Business — Elon Musk ended Tesla’s big battery event Tuesday evening with some big promises about the pricing of Tesla’s future cars and the announcement of a new ultra-fast version of today’s Model S. After reviewing improvements in Tesla’s own battery designs and manufacturingadvancements that could result in huge reductions in battery costs, Musk promised a $25,000 Tesla electric …

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