With a starting price of $52,990, the reengineered Tesla Model 3 Performance is already a bang-for-the-buck vehicle. But while the new Model 3 Performance stands out from the upgraded Model 3 Rear Wheel Drive (RWD) and the upgraded Model 3 Long Range Dual Motor All Wheel Drive (AWD) in terms of design, the vehicle also stands out in terms […]
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Tesla is counting on FSD as a key to its next growth cycle, so it was no surprise that the advanced driver-assist system became a point of interest for analysts during the first quarter earnings call. One of the inquiries was focused on Tesla’s strategy for FSD’s worldwide rollout — a fitting question considering that FSD’s most current features are […]
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Tesla spent $1 billion on GPUs even as its profit margins shrank by half.
The Tesla Optimus humanoid robot could start selling externally by 2025. Tesla seems to be making record progress in developing Optimus. The Tesla bot is already performing simple tasks at the company’s factories. A job post published a few months ago hints that Tesla Optimus robots have been or will be shipped to gigafactories across the […]
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Tesla’s Full Self-Driving (FSD) may not necessarily be supported by conventional reviewers like Consumer Reports, but it appears that the system could start making its way to non-Tesla vehicles in the coming years. As confirmed by company executives during the first quarter 2024 earnings call, Tesla is currently in talks with a major automaker for a potential FSD […]
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The new Tesla Model 3 Performance recently debuted in China. The Model 3 Performance is also available in Australia, New Zealand, and Southeast Asian countries (ASEAN), which is no surprise since Giga Shanghai is Tesla’s main export hub. Tesla China has already started promoting the new Model 3 Performance to customers. The Performance All-Wheel Drive (AWD) variants […]
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Tesla’s (NASDAQ:TSLA) Q1 2024 earnings call comes on the heels of the company’s Q1 2024 Update Letter, which was released after the closing bell on Wednesday, April 23, 2024. Tesla posted total revenues of $21.3 billion, with automotive revenues at $17.3 billion for the first quarter of 2024. The company also posted non-GAAP earnings per […]
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Tesla says it has updated its future vehicle lineup to help accelerate the launch of new models ahead of its previous target of the second half of 2025. The move comes just one quarter after Tesla said it expected “notably lower” growth rates in 2024, as it admitted to being in between growth waves. However, […]
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Tesla (NASDAQ:TSLA) posted its Q1 2024 earnings report after markets closed today. The results, which were discussed in the Q1 2024 Update Letter, were released after the closing bell on Wednesday, April 23, 2024. Tesla’s earnings come on the heels of a challenging quarter. During the first quarter, Tesla produced 433,371 vehicles and delivered 386,810 […]
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Tesla is set to lay off more workers in the U.S., and the company is also seeking voluntary departures in Germany. After we reported on the email Tesla sent to workers affected by its initial round of layoffs last week, multiple other rounds of layoffs and departures have hit the company’s global worksites. Ahead of […]
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