A welcome feature that allows Tesla driver profiles to independently control their streaming accounts has dropped as part of software update 2022.16.
Tesla introduced their Spotify integration in 2019, delighting premium Spotify users with a seamless streaming experience that enabled users to log in and easily stream their playlists.
But, for owners sharing a Tesla with multiple driver profiles, it required users to login in and out of their respective accounts if they wanted to view their own playlists, song likes, and suggested content.
This led many owners to create a separate shared Tesla Spotify account that would be shared for everyone in the vehicle.
Thankfully, taking pity on the countless users stuck listening to their significant other’s playlists, Tesla has now tied streaming account logins to driver profiles.
Users have begun to note that the differentiated account experience works with the other streaming services available on Tesla like TIDAL.
There are no new menus or options to set. When you log in to Spotify or another music service, your car will now simply remember that login should be used for the current driver profile.
This does not yet work for video streaming services like YouTube since those are essentially web pages, but we hope that Tesla can separate out more user specific information like browser data in the future.
Apple Music, the second most popular music streaming service, remains absent from the streaming lineup.
Amazon Music, a close third-place finisher, also misses the cut. If the rumored Tesla App Store is on track for deployment before the first Cybertrucks, there is hope that additional music streaming apps will appear as Tesla opens up their software to others.
It should be noted that workarounds exist for playing content from excluded streaming services like Pandora, Apple Music, Amazon Music, Youtube Music, etc. through the use of Bluetooth streaming.
Audiophiles would point out that the act of streaming via Bluetooth degrades the quality of the music to compress the data stream for wireless transmission.
You can also store music on a USB drive to play directly in your car, but there's no doubt that streaming music directly in your Tesla is the most convenient way, even if it requires Tesla's Premium Connectivity.
Dedicated Tesla streaming integrations ensure a higher-quality stream. For now, Tesla owners are just thankful they don’t have to listen to their co-owner's German Techno Spotify playlist on repeat ever again.
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Tesla's fourth quarter and 2022 earnings call with investors was mostly good news unless you were planning to drive a Cybertruck soon. While company executives eagerly jumped on every question asked by investors, there was a noticeable pause when a point-blank question was asked about Cybertruck's mid-year production date.
Elon Musk responded "um, we do expect production to start, I don't know, maybe sometime this summer. But I always like to try to downplay the start of production because the start of production is always very slow. It increases exponentially, but it's always very slow at first. So I wouldn't put too much thought in start of production."
Volume Production Next Year
If the millions of people with Cybertruck reservations were in attendance, you might have felt the air leave the room. The previous belief was mass production would start by the end of 2023. There may be some stainless-steel beauties on the road by then, but only a few. "It's kind of when does volume production actually happen, and that's next year," said Musk.
Perhaps sensing some disappointed buyers, Lars Moravy, Tesla's Vice President of Vehicle Engineering added, "(I'd) like just to emphasize on that, we've started installation of all the production equipment here in Giga Texas, castings, general assembly, body shops. We built all our beta vehicles, some more coming still in the next month, but as you said, the ramp will really come 2024."
The Cybertruck Will be Elon's Next Car
Cybertruck was originally announced in 2019 at the memorable event that included the unbreakable armor glass smashing. Musk was wearing the smashed glass Cybertruck t-shirt while taking questions from investors. While the wait continues, he is adamant that it will be worth it, "So it's an incredible product. I can't wait to drive it personally. It will be the car that I drive every day… it's just one of those products that only comes along once in a while, and it's really special."
The original release deadline was set for 2021. However, the production date has been delayed due to unforeseen circumstances, like a global pandemic. Nevertheless, it is a positive sign that beta vehicles have been produced. Images of what appears to be a Cybertruck were leaked a few months ago.
Recently, chief designer Franz von Holzhausen did confirm that the Cybertruck was ready for production, but it's a work in progress. Every Tesla beta product gets thoroughly examined and meticulously reviewed before the next step. But at least it's a step in the right direction.
Tesla set new records in production and deliveries while beating analyst expectations.
Tesla published their Q4 2022 and full-year financial results, setting new records in production and deliveries while beating analyst expectations. Tesla’s annual profit rose to $12.6 billion in 2022, from $5.5 billion in 2021. Annual revenue rose to $81.5 billion, from $53.8 billion the year prior. Tesla reported fourth-quarter revenue of $24.32 billion beating analysts' $24.07 billion estimate. The automaker also reported earnings per share of $1.19 beating analysts' $1.12 estimate.
Tesla’s stock rose more than 5% in after-hours trading following the earnings release and surged more than 10% the next day.
Tesla's Q4 2022 revenue set a new record for the company, up 59% from a year earlier. In addition to automotive revenue of $21.3 billion, Tesla recognized $324 million of deferred revenue from the company’s driver assistance systems.
FSD Beta Numbers
Tesla reported that 90 million miles have now been driven with FSD Beta, up from 58 million miles in the previous quarter. The company also confirmed that they have about 400,000 FSD Beta users in North America, a sizeable increase since the last report. With such a steep increase in miles driven and FSD Beta becoming widely available in North America, Tesla is making significant progress with its autonomous driving software.
In late 2022 and into this year, Tesla began cutting prices on its cars globally. Elon spoke about how recent price cuts have fueled a surge in demand for Tesla: “Thus far in January we’ve seen the strongest orders year-to-date than ever in our history. We’re currently seeing orders of almost twice the rate of production.” He added: “These price changes really make a difference for the average consumer.” Tesla acknowledges that average sales prices have to decrease over time because affordability is part of Tesla's mission to grow into a company that sells multiple millions of cars annually.
Price cuts will impact profitability, but margins should remain healthy, Tesla CFO Zach Kirkhorn affirmed. Tesla has wider operating margins than the industry average, which allows them to make such price cuts.
Elon issued an uncertain forecast for 2023, saying Tesla planned on 1.8 million vehicles for the year without specifying whether that was a target for production or deliveries. If the company were to deliver 1.8 million vehicles in 2023, that would result in 37% annual growth.
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