RealTesla

Just more FSD / Summon Bullshit, showing off how bad Tesla's sensor suite actulaly is.

As documented on Twitter, the owner used Tesla’s Summon feature to remotely back their Model Y into a parking space, but the car didn’t detect low section of garage, resulting in the Tesla breaking its own back window.

Big declines in TSLA profitability this past quarter.

But Musk later changed his mind, reportedly donating $45 million a month of his money to the pro-Trump political action committee American PAC.

`Nuff said. CEOs are often Republican, but to be this outspokenly political is normally a bad thing for CEOs like Musk. Media company heads (and Twitter/X is a media company) are supposed to at least pretend to be neutral.

And catering to the far-right seems like a bad idea if your company makes EVs. But what do I know?

But even as sales for EVs are reaching record highs, Tesla's control over the market is starting to seriously wane, slipping below 50 percent in the second quarter of this year, the New York Times reports. Tesla represented 49.7 percent of EV sales over that period, down from 59.3 percent in Q2 of last year.

So EV market has grown, but overall sales of Tesla have declined in both Q1 and Q2 this year compared to Q1 and Q2 respectively of 2023. I feel like "collapsing" is hyperbole though, but that's what the article says. (And clickbait attracts more clicks right?)

The NHTSA recall notice contains a line saying how many Tesla Cybertrucks were affected by the recall. And we know that its "all of them", therefore the number listed is exactly the count of total Tesla Cybertrucks ever sold.

Digging through the numbers also reveals estimated monthly delivery figures. Tesla began low-volume production of the Cybertruck at Giga Austin in late November of last year, and a prior recall notice from Tesla revealed that it delivered 1,163 vehicles in December. That leaves 10,525 vehicles or thereabouts produced by Tesla in 2024, giving Tesla an average monthly delivery rate of 1,754 Cybertrucks, with five days left in June.

A complete recall over all Cybertrucks has been filed at the NHTSA.

On affected vehicles, the front windshield wiper motor controller may stop functioning due to electrical overstress to the gate driver component.

Another unintended acceleration issue. Fortunately, no one was injured but the Cybertruck still crashed into a house.

This happened in a rich-enough area that it was filmed by someone's doorbell camera. There's apparently 50-foot long line of skidmarks.

A nice analysis of various satellite images that estimates how many cars Tesla has in inventory.

SAN FRANCISCO — Tesla shareholders re-approved Elon Musk’s controversial 2018 pay package by a wide margin, Musk posted on X Wednesday night, appearing to resolve an uncertainty that has loomed over his future with the company.

A Delaware judge invalidated the package, worth as much as $56 billion earlier this year, arguing that the process that led to the deal had been unfair. As part of the deal, Musk was granted stock options as Tesla hit certain valuation milestones, accumulating massive amounts of shares that led to a record pay deal and played a hand in making Musk the richest person in the world.

Hmm, looks like we're in the "lawsuits" stage of the game. I don't expect that Elon can keep his pay package, so its going to go back to the Delaware Judge IIRC.

The interesting legal maneuver here is with regards to the Texas move. If Shareholders approve the move to Texas, it'd become a Texas vs Delaware issue. But... there's legal precedent saying that such a move would require 66% of the vote instead of just 50%. I imagine that this alone (the threshold of "move") will itself be subject to debate, and likely end up in Delaware court again before they're allowed to move out. Or maybe not? Legal stuff can be quite sharp.

In any case, stay tuned for tonight as the official announcements come out. Things are going to be interesting!!

Elon Musk's Twitter Purchase, not the $44 Billion part, the 5%+ part in March 2022 (when Elon crossed the 5% legal threshold wherein he was required to report becoming a large stakeholder publicly).

It sounds like Elon failed to report crossing over this threshold in a timely manner, so this large Twitter-shareholder (Oklahoma Firefighters Pension and Retirement System) is suing Elon Musk. Or so they allege.

Calpers owns roughly 9.5 million Tesla shares, making it among the electric vehicle maker’s 30 largest investors, according to data compiled by Bloomberg.

The big issue is that Model 3 and Model Y only have 73%ish of the range when brand new, and then after 3 years that drops down to ~64%ish of its advertised range.

This is the big letter from Pension-funds about the upcoming Tesla vote on Elon Musk's pay package, board of directors, and the move to Texas (away from Delaware) as corporate headquarters.

Some shareholders, such as the ones who wrote this letter, are very strongly against the $50 Billion (or so) of TSLA shares going to Elon Musk. And the arguments seem valid, based on this letter.

Tesla claim to be the safest car, yet they let this slip.

Made a comment in jest/maybe bad taste like a week ago in the tesla community to the effect of "would be very on-brand for Tesla to have issues with the seatbelts. Got downvoted to hell and explained to me how tesla issues are only regarding fit and finish and they are THE safest car brand on the road today. Today I see this article...

TL;DR: Porsche 911 wins everything, even the 1/8th mile... even the slowest Porsche 911 they could find.

That starts by racing against a 2023 Porsche 911 Carrera T with a seven-speed manual transmission. This is the slowest new 911 you can buy today, but it’s hardly a dog. In prior MotorTrend tests, we’ve run the 379-hp stick-shift Carrera T to 60 mph in 3.9 seconds and through the quarter mile in 12.2 seconds at 116.4 mph. Per our usual test procedures, we raced the 911 with a full tank of gas.

Elon lied.

Yet another (effective) price cut from Tesla this past weekend. Sure, its not really a price cut, but with APYs this low, its clear that Tesla is eating the cost of the loan.

I'm guessing that inventory has been piling up more that has forced them to figure out this hidden price cut / APY trick.

This fresh post from teamblind.com suggests another round of layoffs has already begun at Tesla.