Tesla’s gigacasting process, which uses giant casting machines to make car bodies with just a few massive cast parts, allows the company to greatly simplify chassis assemblies, saving loads of time, money and factory space. Other automakers, including Ford, Hyundai and several Chinese brands, have taken a keen interest in the technology. Tesla’s process relies… Read more »
Search Results Found For: "tesla semi"
CEO Jim Farley explains how Ford is learning from Tesla, marketing EVs as “digital products”
Ford CEO Jim Farley is no stranger to EVs—before he joined Ford, he worked at Toyota, and was deeply involved in bringing the Prius to the US market. In a wide-ranging recent interview with Fully Charged’s Robert Llewellyn, Farley talks about how he is shepherding his company through the process of electrification. Farley understands that… Read more »
Tesla earnings report—new EVs delayed, full speed ahead on humanoid robot
Tesla’s latest earnings report, for the fourth quarter and full year 2021, was another strong one. Deliveries grew by 87% in 2021, earnings per share and revenue each beat analyst estimates by over 6%, and the company claimed that it achieved “the highest quarterly operating margin among all volume OEMs…demonstrating that EVs can be more… Read more »
How Tesla’s in-house software helped it weather the chip shortage
For months, the auto industry has been crying the blues, as a shortage of computer chips forced it to suspend production, in some cases for months, leading to empty dealer lots and skyrocketing prices. But one company seemed to sidestep the whole crisis—Tesla has been breaking records quarter after quarter, and sold nearly twice as… Read more »
Tesla applies for regulatory approval for Gigafactory Texas, production on track for end of this year
Tesla has applied to the Texas Department of Licensing and Regulation for regulatory approval for the first phase of Gigafactory Texas. The filed documents reveal Tesla’s planned completion date and budget. The next chapter in Tesla’s history will center on the company’s two new factories: Gigafactory Texas in Austin and Gigafactory Berlin in Germany. The… Read more »
Tesla’s next vehicle: a humanoid robot?
At Tesla’s recent AI Day event, the company announced a number of new initiatives. It unveiled a new line of in-house-designed chips for its Dojo high-speed computer, which will power the next generation of Autopilot, and is now expected to be operational next year. The company also announced that new Full Self-Driving (FSD) hardware will… Read more »
Several battery suppliers are working on Tesla’s 4680 cells
Tesla says its new 4680 battery cell, unveiled at the 2020 Battery Day event, represents a “massive breakthrough” that could enable a new generation of cheaper EVs. However, some industry experts have predicted that mass-producing the new cells will not be easy. Concurrently with developing the new cells, Tesla has been broadening its battery supply… Read more »
Tesla Q1 deliveries blow past forecasts, set new record
Tesla turned in a delightful delivery report for the first quarter (dated April 2 to head off the skeptics). The figures—180,338 vehicles produced and 184,800 delivered—represent a new all-time quarterly record, a 110% year-over-year increase, and a beat of most of the forecasts—the average of analysts’ estimates was around 177,000. The fat figures are the… Read more »
Chip shortage forces Tesla to briefly idle Model 3 production line
Driving home the point that cars are computers, the global auto industry is reeling from a global shortage of microchips. Several major automakers have announced shutdowns or slowdowns because of the supply bottleneck. The shortage appears to have forced Tesla to briefly shut down its Model 3 production line at Fremont. An unnamed source told… Read more »
Overlooked gems in Tesla’s Q4 earnings call
Tesla’s latest earnings report was loaded with good news: the company’s sixth straight quarter, and first full year, of profitability; increased sales ($31.5 billion in 2020, compared to $24.6 billion in 2019); a healthy cash position ($19.4 billion as of year-end, compared to $6.3 billion at the end of 2019); and plausible plans for steady… Read more »