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Tesla Archive

Archives for March 2024

Andrew J. Hawkins
Andrew J. Hawkins
Tesla helped bring a little bit of California to China.

While it was working on its first factory in China, the company successfully lobbied to create a regulatory credit system in the country that was very similar to the one that helped it survive in California during its early years.

In 2015, at a clean transportation conference in California, Chinese central government officials listened as a Tesla lobbyist laid out the reasons that Beijing should adopt an emissions mandate, said Yunshi Wang, an energy economist who organized the session.

“Obviously Tesla was all in,” said Dr. Wang, director of the University of California-Davis’s China Center for Energy and Transportation.

Jess Weatherbed
Jess Weatherbed
Humanoid robot providers are eyeing up manufacturing jobs.

According to this Financial Times report, AI and robotics providers have some lofty expectations regarding how popular their technology will be in manufacturing environments.

One company claims that 14 percent of manufacturing and automotive jobs will be automated in the next four years, and Goldman Sachs projects that the humanoid robot market could reach $38 billion by 2035 — at least if robots like Tesla’s Optimus can become as capable as their makers are claiming they will be.

A graph showing the forecast global humanoid robot market size in billions.
This graph from Goldman Sachs includes anticipated demand for humanoid robot specifications that simply don’t exist yet.
Image: Goldman Sachs Research
Andrew J. Hawkins
Andrew J. Hawkins
The Full-Self Driving will continue until morale improves.

In an internal memo, the Tesla CEO announced that its controversial driver assist system FSD would come pre-installed on all new vehicles, and that every customer taking delivery of a new Tesla would get a demonstration of its capabilities.

My theory: FSD sales are flatlining because Tesla has slashed prices so much that regular people — and not die-hards who hang on Musk’s every tweet — are now buying them. And most price-sensitive normies aren’t going to hand over $15,000 for a driver assist system that could drive them into a tree.

Andrew J. Hawkins
Andrew J. Hawkins
What’s one more Tesla investigation among friends?

Massachusetts Senator Elizabeth Warren (D) would like the Securities and Exchange Commission to investigate Tesla over the lack of independence of its board of directors from Elon Musk, according to the Wall Street Journal. Tesla’s board, which includes Musk’s brother and a number of the billionaire’s friends, poses a potential conflict of interest, that could harm shareholders, Warren alleges. The SEC, which has investigated Tesla more times than I can remember, declined to comment on its response to Warren.

Wes Davis
Wes Davis
Tesla reached a settlement with a Black employee who won two trials over racial abuse.

The terms of the settlement are confidential, reports CNBC. Owen Diaz had previously told the court that supervisors failed to intervene when his coworkers used “daily racist epithets” against him and other Black employees at the Fremont, California plant where he worked.

He was awarded $137 million in 2021 but asked for a retrial after a judge reduced the amount to $15 million in 2022.

Thomas Ricker
Thomas Ricker
Tesla’s Berlin factory shutdown after possible arson.

The Gigafactory — which produces around 850 Teslas each day — lost power after a nearby transmission tower was set ablaze early Tuesday. The fire did not spread to the Tesla site and workers from the energy company are currently repairing the high-voltage pylon. Police are investigating the incident as possible arson since the area has been the focus of environmental protests ever since Tesla moved in.