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In my opinion, this is the primary problem with Tesla (no new models?) and future directions. Tesla has promised a new Tesla Roadster for 5+ years now. There i
by joakleaf 2y ago
In my opinion, this is the primary problem with Tesla (no new models?) and future directions.
Tesla has promised a new Tesla Roadster for 5+ years now. There is no sign of it. Cybertruck also took ~5 years from reveal to release. Not sure where the Tesla semi is.
There has been some mention of a low cost EV, but I don't think we've seen sign of that yet. Last I heard was that it was cancelled.
So, given that Tesla usually uses around 3-5 years from reveal to actual production and release of a new vehicle, they are probably not going to sell any new models the next 3-5 years. Maybe updated versions of the existing line-up (like the new model Y).
Obviously, last year Musk revealed the "Robovan" (a somewhat odd self-driving minibus) and the "Robotaxi" (a two-seater self-driving taxi without a driving wheel). Both of these depend on FSD living up to its name first, and neither seem to be intended for "normal" people.
During the last Quarterly Earnings call Musk heavily pushed the idea that Optimus (Tesla's still in development biped robot) would increase the company's market cap by 10x. So it seems Musk thinks the future for Tesla is in the field of biped robots rather than vehicles.
Musk also claimed that a Tesla would start FSD taxi-service in Texas this summer -- I find that timeline doubtful, given that it takes time to set up the infrastructure for a "taxi" company. In any case, self-driving taxis is another possibly future direction for Tesla.
- nprateem 2y ago> So it seems Musk thinks the future for Tesla is in the field of biped robots rather than vehicles. Really insightful there are still people who believe a word he says. Genuinely.
- joakleaf 2y agoMusk likely wants to inflate the Tesla share price. He sells "visions of the future". This was always his way; FSD, low-cost trips to Mars, solar roofs, self-driving taxis and semis, tunnels everywhere to solve traffic, NeuraLink, hyperloop (sigh!)... and it appears robots is now his next tool to get publicity and increase TSLA.
- mavhc 2y agoFSD is getting better each year. SpaceX has the lowest cost rockets and working on even lower cost rockets. They have the most efficient Semi and are building a factory to mass produce them. Neuralink has multiple successful human trials. And they've built robots and have the AI training for them to navigate the world
- bluedevil2k 2y ago> Tesla has promised a new Tesla Roadster for 5+ years now It’s actually been 7+ years. And it didn’t stop Tesla from taking $50k deposits on it and holding that money the entire time. Nothing like vaporware covering up an interest free loan. https://autos.yahoo.com/people-paid-50-000-teslas-112401833.html#:~:text=Nearly%20seven%20years%20after%20first,much%2Ddelayed%20electric%20sports%20car. https://autos.yahoo.com/people-paid-50-000-teslas-112401833....
- mavhc 2y ago> There has been some mention of a low cost EV, but I don't think we've seen sign of that yet. Last I heard was that it was cancelled. From that same earnings call "We are still on track to launch a more affordable model in the first half of 2025 and will continue to expand our lineup from there." https://www.fool.com/earnings/call-transcripts/2025/01/29/tesla-tsla-q4-2024-earnings-call-transcript/#:~:text=We%20are%20still%20on%20track%20to%20launch%20a%20more%20affordable%20model%20in%20the%20first%20half%20of%202025%20and%20will%20continue%20to%20expand%20our%20lineup%20from%20there. https://www.fool.com/earnings/call-transcripts/2025/01/29/te...
- rad_gruchalski 2y agoThe domain gives it away.
- tromp 2y agoThat must be where Fool Self Driving comes from :)
- joakleaf 2y agoWe haven't seen any renders or heard any details yet, so I think first half of 2025 is either unrealistic or this will simply be a variant of an existing model. They also had to retool factories for the updated Model Y, and I assume they would have to do something similar for this vehicle. There is (rumor) article from today here where they claim the low cost (affordable) vehicle is a "stripped down" model Y (at 20% price reduction): https://www.investors.com/news/tesla-stock-affordable-ev-stripped-down-model-y/ https://www.investors.com/news/tesla-stock-affordable-ev-str...
- mavhc 2y agoUnless they've already done the changes. I'm not sure the 20% cost reduction is for a new thing, as they were talking about the difficulty of making a 20% cost reduction to all their cars just as standard practice recently