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That reporting was accurate. It did not say the vehicle was being cancelled. It said the vehicle was being deprioritized in favor of the robotaxi (which was true). Musk reversed himself after the stock got pulverized and reprioritized it. Kinda. Sorta. But actually let's talk about robotaxi...

LOLOL Okay, you got me. I thought it was someone sneaking in from the GM Authority.

Historically, GM stock has been a terrible investment. The Total Shareholder Returns (including all dividends and buybacks) for the past ten years has been.... An annual return of 0.89% or an inflation adjusted (real) return of minus 17.5% over the ten year period. A $10k investment in 2013 is...

Unlikely that many will be on existing gasoline retail sites. They are too small, they do not have a backcourt that supports it, and most importantly they are not wired to deal with large power loads. Also, while BP does own some of its stations (unlike any of the other oil companies in the US...

The BP Press release says that these WILL support plug and charge and that they will be featured in the Tesla UI in the vehicle. Do not expect them at most ARCO / BP Stations, however. BP is wise enough to know that these are best suited for big footprint sites: The roll-out is planned to begin...

Buy the vehicle, invest in the robot. This is why there is a 2x upside in TSLA by 2024.

The new Mercedes concept gets almost the exact same range as the new Model 3 that went on sale last week. The CLA concept is 466 miles WLTP with the long-range RWD only. The Model 3 actually on sale real vehicle gets 421 miles WLTP with the long-range AWD. If Tesla were to do a RWD version, it...

Wait, what, they have drag strip mode on the LR? … [looking up on the interwebs] … oh cr@p! This is primarily my wife’s car and she is a speed demon. I am absolutely hiding this fact from her! But good to know.

We ended up buying an MS LR on Friday (take delivery week from Monday). The Ultra Red with Cream interior dropped to $77k. It was $110 in January and was $86k last week when we did a test drive. (Also drove the X but my wife said it felt too much like a high performance minivan, lol.) Even the...

Well, no relevance for CT. Must take delivery by 9/30. Tesla outlines the following conditions to owners: Be the legal and registered owner of a Tesla vehicle that currently has Full Self-Driving capability included at the time of delivery of the new Tesla vehicle. The vehicle cannot be the...

So now we gotta figure THIS out as well? Grrr.... By end September.

This is what the grid is struggling with in California.... Certain vested interests are blaming EVs for the strain but it is simple cooling degree days from our old friend climate change.

These are silly, click-bait stories to pitch the agenda of equipment sales companies and consultants. If we banned the sale of ICE vehicle in the US tomorrow (won't happen), the total electricity demand increase per year associated with EVs would be about 0.8% per year of additional electricity...

FWIW, only 30% of RIvian orders are pickup trucks. That is not (was never going to be) its primary product. Not that it is relevant to this announcement, however... Rivian absolutely needed to do this to stay competitive. And it needed to move its Rivian Adventure Network to NACS to keep it...

Average US electricity rates are 13 cents. A small sedan like a model 3 costs 3-4 cents per mile. That is equivalent to $1.05 per gallon on a 30 mpg car. If you do not have a way to charge at home or work, you should not buy an EV, it won’t make sense for you.

Maybe it is just a language gap. When the poster said "Tesla makes 0.05" I understood him to mean profit (i.e. net income) of 5 cents. which would be, IMO, crazy. A fee of 5 cents on top of the electricity would be a super good deal. The point is that a reasonable return on capital is absolutely...

If Tesla makes 5 cents on each kwh it is extortion. (Electricity only costs 10 - 12 cents on most of the the country.) But your point is fair, the fuel retailing business can be a profitable business to be sure.

And with that, all the big electric pickup players are on NACS and pull through charging stations will be everywhere!

https://www.msn.com/en-us/money/companies/tesla-plans-to-showcase-updated-model-3-with-musk-in-shanghai/ar-AA1bWQ4w

Interesting news out of Bloomberg this afternoon: "Tesla Inc. plans to give an early glimpse of its revamped Model 3 sedan as part of Chief Executive Officer Elon Musk’s first visit to the carmaker’s Shanghai factory in years, according to people familiar with the matter. The first cars coming...