One advantage Tesla has over its competition is its Supercharger network. No one else comes even close to having such a vast charging network. That's not even taking other considerations into account such as the speed of chargers.
Tesla to add WiFi to their Superchargers
Tesla's v3 chargers can charge at rates of to 1,000 miles per hour according to Tesla. It really starts rivaling the speed of gas stations. Of course, you may not always see those speeds, since there are various factors to consider. You'll need to have a battery that's at least 50% depleted. Usually having a battery around the 30% mark is what will result in the fastest charging speeds.
The car will also need to have a warm battery in order to achieve such a high rate of charging. Your car will do automatically warm up the battery as long as you have a Supercharger destination set in your GPS. And of course, the Supercharger can't be crowded or that could affect the amount of power available to each vehicle as well.
The other big advantage that I feel is often overlooked is the simplicity of the whole thing. When you arrive at a Supercharger, you know what to expect, you're not dealing with different charging networks or figuring out how to pay. You literally just plug it in. It couldn't be simpler.
Adding WiFi
Now, Tesla is going to add another advantage to it's already great charging network. Elon tweeted that Tesla will be adding WiFi networks to all of their Superchargers.
Even for owners with Premium Connectivity, the WiFi access will be nice if you have other devices in the car that are WiFi only, such as a gaming device, laptop or an iPad.
Adding WiFi to Superchargers actually makes a lot of sense for Tesla. The amount of data Tesla vehicles use is probably fairly small, with the exception of video streaming.
Considering that streaming YouTube or Netflix is likely one of the more popular entertainment options if you're waiting in the car while charging, this could lead to large amounts of data usage.
If Tesla added WiFi to Superchargers, they'll likely greatly reduce the amount of data that is being consumed through the car's cellular network.
In the US, Tesla has a partnership with AT&T. Since the very first Model S in 2012, all Teslas have used AT&T's network. We don't know the exact details of Tesla's partnership with AT&T, but Tesla is likely paying AT&T based on the amount of data used. After all, there's a reason why Tesla forces software updates to be downloaded over WiFi.
This move is likely to improve the customer experience at Superchargers while also saving Tesla some money.
Software Updates
Tesla is selling almost a million vehicles a year. Many of these are now being sold to owners who may not be able to get their car close enough to their homes in order to connect to WiFi and download the latest updates.
By adding WiFi to Superchargers, Tesla will now give owners a reliable and easy way to download software updates, regardless of their connection at home.
How to Connect to Tesla WiFi
We discussed earlier how easy it is to use a Supercharger. There's no need to authenticate, process payments or anything. It's all seamless. Expect Tesla to provide a similar experience when connecting to their WiFi network. You may not have to do anything. Just driving your car within range of Tesla's WiFi network will be enough to get it to automatically connect.
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“We have updated our future vehicle line-up to accelerate the launch of new models ahead of our previously communicated start of production in the second half of 2025”. This was one of the key sentences that were part of Tesla’s deck shared on Tuesday directly before its financial results.
Since Reuters’ report a few weeks ago saying Tesla had “scrapped” the highly expected cheaper model— which Elon quickly denied on X —retail and institutional shareholders started asking for more details on Tesla’s product roadmap for 2024 and beyond.
In the earnings conference call, Elon Musk reiterated that Tesla expects to launch the next model in “early 2025, if not late this year”.
“We've updated our future vehicle lineup to accelerate the launch of new models ahead of previously mentioned start of production in the second half of 2025. So, we expect it to be more like the early 2025, if not late this year. “
Over concerns of temporary production halts to update the factories for these new models, Musk said that Tesla will produce new models with certain aspects from their next-generation platform and current models. This will reduce the number of changes needed on production lines and allow Tesla not only to ramp up production faster but also to get the vehicles to market quicker.
Model Y Redesign
Tesla appears to hit that their next-gen vehicle will be less “next-gen” than they were initially aiming for, but to get a new vehicle out the door by late 2024, the process would already have to be in motion. Tesla may likely be referring to the redesigned Model Y, which is expected to reuse many parts from the new Model 3. Earlier this year, Tesla said that the redesigned Model Y will not be released this year, so it makes sense that they’re looking to speed up that production.
Tesla CEO concluded by saying that these measures will allow Tesla to reach a capacity of over 3 million units. Tesla produced 1.84 million vehicles in 2023. However, this year they’re ramping up Cybertruck production and introduced the new Model 3 into new markets.
And we think this should allow us to get to over 3 million vehicles of capacity when realized to the full extent.
Tesla reported on Tuesday its earnings results followed by a conference call where it teased its upcoming Robotaxi and its next-generation platform saying its “purpose-built Robotaxi product will continue to pursue a revolutionary ‘unboxed’ manufacturing strategy”.
Earlier in the day, Tesla announced the new Performance variant of its sedan Model 3 with deliveries in the United States starting already next month. The new version starts at $45,490 (after applying the $7,500 Federal EV tax credit) and goes from 0 to 60mph in 2.9 seconds.
On Tuesday Tesla reported its earnings results followed by a conference call that brought several updates on the company’s roadmap for future vehicles, autonomous driving, Optimus and much more.
While answering a question from Goldman Sachs analyst Mark Delaney about updates on the licensing of Tesla’s Full Self-Driving (FSD) technology, Elon Musk said they’re talking to one major auto manufacturer and there’s “a good chance” the company signs the first deal before year-end. However, he went on to say that it would probably be three years before the necessary changes are integrated into the car.
I think we have a good chance we do sign a deal this year
Brings Benefits to Tesla
The technology would require other automakers to start using the same cameras and hardware as Tesla, meaning that Tesla may not only generate money from licensing FSD but also from selling the hardware itself. However, there would be other benefits as well. When licensing FSD, Tesla would likely own the data gathered with the system well, further helping them with data and edge cases that need to be solved to reach full autonomy.
people don't understand all cars will need to be smart cars… Once that becomes obvious, I think licensing becomes not optional.
Tesla’s Chief Financial Officer Vaibhav Taneja commented pointing out that future partners “take a lot of time in their product life cycle” resulting in a gap between the deal signing and the arrival in the market of Tesla’s FSD software.
Miles Driven With FSD
On the conference call, Musk added that Tesla now has over 300 million miles that have been driven with FSD v12 since it was launched just last month. He added that it's becoming “very clear that the vision-based approach with end-to-end neural networks is the right solution for scalable autonomy”.
Tesla said it will continue to increase its “core AI infrastructure capacity in the coming months” adding that in the first quarter, it completed the transition to hardware 4.0 with China now receiving the upgraded FSD computer and cameras.
Over the weekend, Tesla reduced the price of FSD dropping it from $12,000 to $8,000 for customers in the United States and from CA$16,000 to CA$11,000 in Canada.
Earlier this month, Tesla implemented a 50% price reduction for FSD subscriptions in the U.S. and introduced the subscription model in Canada at a great value of CA$99 per month.
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