Tesla's Cybertruck will retain it's massive wiper for production
The Tesla Cybertruck buzz continues to ramp up. Elon Musk says it will change the road, and he plans to make the futuristic truck his daily driver. Thanks to its distinctive design and outstanding performance capabilities, millions of buyers are on the wait list to drive this amazing truck.
Matthew Donegan-Ryan, a shareholder who attended Tesla's Investor Day, had the chance to speak with senior Tesla executives and learn more about Cybertruck. Several investors were sharing information about Cybertruck, but Matthew Donegan-Ryan has posted extensive videos about his conversations with Tesla executives.
Sizes and Variations
According to rumors, the Cybertruck pre-production beta that was on display at Investor Day is how the truck would appear if it were available for purchase right now. The Cybertruck is about 5% smaller than the prototype unveiled in 2019, but despite being a smaller vehicle than the Ford F-150 Raptor, it has more usable space. The Ford Super Crew Raptors at the event were comparable to the Cybertruck, which is slightly smaller. The size reduction means that the Cybertruck can only hold five passengers instead of six. It's expected to weigh between 6,500-7,500 pounds. Other investors are reporting 7,000 pounds
The Cybertruck will come in two versions: a dual-motor base model and a high-end performance model. It was initially believed that the top trim would be a quad motor, but conversations with Tesla staff seemed to suggest that Tesla would forego developing a quad-motor powertrain in favor of a tri-motor powertrain for the Cybertruck. All Cybertruck configurations will come standard with rear-wheel steering.
Largest Display in a Tesla
The Cybertruck will have Tesla's largest display ever, measuring 18.5 inches diagonally, however it'll come without a gauge cluster, or heads-up display. The redesigned Model S and Model X have a 17" center screen, while the Model 3 and Model Y include a 15" center display.
A combination of a typical round steering wheel and the yoke found on the Model S and Model X, the steering wheel will be round on the sides with flat top and bottom edges.
Unlike the F-150 Lightning, the front bumper grille does not open along with the hood. The production version of the Cybertruck windshield light bar will have amber lights, just like the Tesla semi, to indicate that the truck is wider than the standard 80 inches.
Wheels and Suspension
Highly advanced air suspension will come standard on every Cybertruck. Staff told the intrepid investor that Cybertruck can handle pretty much anything. "I was told very directly that they have tested the air suspension and they're confident it can handle Baja-style racing."
The Cybertruck will have 18-inch wheels, and at the very least, all-terrain and all-season standard tire options will be available. The tire's dimensions are 285/65 R18, or 35 inches by 11.25 inches by 18 inches. The company in charge of making the tires for the Cybertruck will be Goodyear. Donegan-Ryan estimates each tire will cost $385.
No Self-Presenting Doors
The doors on the Cybertruck won't self-present themselves like the doors on the Model X. Unlike the prototype's stainless steel bumpers, the Cybertruck's production beta's bumpers and side skirts are made of black plastic and are five-mile-per-hour impact compliant. The side-view mirrors are supposedly removable, but no confirmation of that.
New Team is Developing Accessories for Cybertruck
The 48-volt architecture used by the Cybertruck will provide more power, lighter and less expensive wiring, and a smaller accessories battery. For the vehicle, Tesla has created a Cybertruck Accessories Team, and rather than working with aftermarket businesses to build add-ons, Tesla will do it themselves. Off-roading, camping, and racing are the three subgroups of the Accessories team.
With millions of people on the waiting list in North America, it appears that list will not be opening up in Europe. With it's immense size, Donegan-Ryan says there are no plans to have this beast on the narrow European roads.
The Cybertruck will be a strong and adaptable vehicle, suitable for off-roading, camping, and even racing, according to the most recent information about it. The Cybertruck is poised to have a big impact on the pickup truck market thanks to its distinctive design and impressive features.
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Cox Automotive, the world's largest automotive services and technology provider, has released a forecast predicting that Tesla will lead the luxury market in Q1 2023 with sales of 180,000 units, a gain of nearly 40% from Q1 2022. As a result, Tesla is expected to post solid sales gains and surpass a market share of 5% for the first time. This marks a significant achievement for the electric car maker as it continues to gain market share in the luxury car market.
Improved Inventory and Lowered Prices to Spark Demand
By far, Tesla will be the top luxury-vehicle seller in the U.S. in Q1, with sales more than double that of BMW or Mercedes. This impressive performance is likely due to Tesla's innovative technology, sleek designs, and rising brand recognition.
Tesla's success in Q1 2023 is expected to be primarily driven by improved inventory levels and lowered prices. According to Cox Automotive, new-vehicle inventory levels have significantly improved from Q1 2022, which has helped stimulate sales despite elevated prices and high auto loan rates. Tesla also lowered its prices in the first quarter to spark demand.
Tesla's Record Quarter
Tesla's Q1 2023 sales are expected to reach 180,000, a record quarter for the company in the U.S. In addition, the company's growth trajectory continues to outpace its competitors, with Tesla's market share forecasted to surpass 5% for the first time. This puts Tesla on track to achieve its goal of selling 1 million electric vehicles per year, an ambitious target the company has set for itself.
Strong Outlook for Tesla
Cox Automotive's forecast is good news for Tesla investors and enthusiasts. The electric car maker has been expanding its production capacity to meet the rising vehicle demand. Tesla's Model Y, launched in 2020, has been a hit with customers, with the company ramping up production to meet the high demand. Tesla also plans to launch the Cybertruck, its first all-electric pickup truck, in 2022.
As more consumers look to switch to electric vehicles to reduce their carbon footprint, Tesla's growth prospects are expected to remain strong. The company's continued innovation in the electric car space and aggressive expansion plans could help it solidify its position as a leader in the automotive industry.
Other Key Take Aways from Cox
The release suggests a positive surprise for U.S. auto sales in Q1 2023. Still, supply constraints and affordability issues are expected to put a ceiling on what's possible for the rest of the year. Despite these challenges, Tesla's continued growth trajectory and strong performance in the luxury market are promising signs for the electric car maker.
General Motors is expected to finish Q1 as the top seller of new vehicles in the U.S., with sales volume forecasted to increase by over 15% year over year to reach 587,000 units. However, sales will drop from Q4 2022 when GM's volume hits 618,692.
The Bottleneck Has Passed, but Prices Are Too High
New-vehicle inventory levels have significantly improved from Q1 2022, up roughly 70% from the volume recorded in the early months of 2022. This has helped stimulate sales despite elevated prices and high auto loan rates.
Fleet sales for the entire year of 2023 are forecasted at 2.2 million, up 23% from 2022, when 1.8 million units were sold to commercial buyers.
Cox Automotive has adjusted its full-year new-vehicle sales forecast to 14.2 million, an increase of nearly 3% from 2022.
Elevated prices and average auto loan rates above 8% are expected to hold back new-vehicle sales for the rest of the year. The typical new-vehicle loan payment was more than $750 a month in Q1, which is out of reach for many households.
Tesla's sales forecasted to surpass 5% market share in Q1 2023 is a significant milestone for the electric car maker. Tesla's success in the luxury market is due to its innovative technology, sleek designs, and raising brand recognition. In addition, the company's improved inventory levels and lowered prices have helped stimulate sales despite elevated prices and high auto loan rates. With a record quarter forecasted for Q1 2023, Tesla's outlook remains strong, and the company continues to lead the charge in the electric car market.
Tesla is updating its app to show the vehicle's planned path to its destination
Not a Tesla App
Tesla is consistently working to improve its mobile app experience for users, and now they're adding another new feature. Building on the features unveiled last year, Tesla is now adding the ability to view the route the vehicle is taking toward its destination. Thanks to Max for the tip!
When using GPS navigation, the app directly displays the driver's destination, distance, and estimated arrival time (ETA) on the main screen. By tapping into the navigation section, users can access a map that shows the vehicle's location, nearby Superchargers, and destination details. The app also displays the vehicle's expected state of charge upon arrival at the destination, providing greater transparency for owners regarding battery consumption. The one missing piece was the suggested route the vehicle is taking to reach its destination. That is now being added to the app and is available for select users.
In the last Tesla app update, v4.19, the company introduced a new API called "nav route." This API looked to go unused at first, but this new feature appears to leverage this API to display the path the vehicle will take, much like the in-car navigation system.
Building on Latest Update
The October 2022 update brought a host of additional features to the Tesla mobile app, enhancing convenience for its users. For instance, the app now shows more information about the media playing in the vehicle, such as song title, artist, and destination details.
The automaker rolled out major revisions to its Energy app in its cars, which displays the battery's state of charge upon departure and arrival, as well as the main causes of battery drain. Tesla started bringing this functionality to the app for older Model S and Model X vehicles, and will hopefully soon expand it to other vehicles.
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