Tesla Faces Supply Chain Problems
At about one million cars per year, with plans to get to 1.5 million in 2022, Tesla makes a lot of cars for an electric vehicle company. Its production volume, however, sits well below the traditional automakers, and that, along with the company’s general inventiveness kept it from feeling a major impact from the chip shortage in 2021.
CFO Zach Kirkhorn said that the company was not immune from supply chain problems and noted that its Austin and Berlin factories have operated below optimal capacity because of them. He said he expects those locations to ramp up “once limitations ease,” in his remarks during the company’s fourth-quarter earnings call.
“This will result in higher fixed and semi-variable costs in the near term, in addition to the usual inefficiencies as we ramp a new factory,” he said. “We are also seeing inflation and rising commodity prices, which we expect to continue to put pressure on our costs.”
Where Is Starman Elon Musk’s Tesla Roadster Makes Its Way Past Mars
SpaceX CEO Elon Musk launched his own first-generation Tesla Roadster into space back in February 2018. It’s been on an impressive journey since.
“Starman,” the dummy in the driver’s seat of Elon Musk’s Tesla Roadster, has been on quite the journey.
The electric car first launched into space on â an event that captured stargazers’ imaginations.
The website WhereIsRoadster has since tracked the car’s trip around the Solar System. At the time of writing, the website estimates that the car is currently making its way past Mars: it’s around 5.9 million miles from the Red Planet, and moving at around 10,400 mph â just as well there’s no speed limits for cars in space.
Earlier this year, SpaceX reported the car had made its first close approach with Mars. On October 7, the company claimed via the Roadster came within five million miles, or 0.05 astronomical units, of Mars.
The WhereIsRoadster website estimates the approach happened at around 3:25 a.m. Eastern.
“Starman” is moving through space at rapid speed. The tracker shows the car is moving at around 55,700 miles per hour, “driving” 1.3 million miles around the Sun. That’s the same distance as if the Roadster covered Earth’s roads some 58 times over.
The car is perhaps SpaceX’s most bizarre launch ever â but it had a serious purpose.
The car also contained a â5D quartz laser storage device,â produced in collaboration with the Arch Mission Foundation, that held Isaac Asimov’s Foundation book trilogy.
Is Musk Sav Project Legit
Jeff Browns presentation about the SAV Project is legitimate, and heres why:
In an earnings call towards the end of January, Elon Musk told shareholders that the market valuation of Tesla made sense if you account for the billions of dollars worth of cars that the company would sell as robotaxis this must be what Jeff picked up on.
According to him, as self-driving technology improves, the cars will become robotaxis and the company will earn more revenue from them through the software.
Elon Musk says, If you made $50 billion worth of cars, it would be like having $50 billion of incremental profit, basically because its just software.
That way, it makes sense that Jeff Brown made the presentation touting it as Elon Musks Next Big Project.
Is he right about the secret supplier? I suppose well just have to wait and see how that will pan out.
Is SAV a viable project?
Although the prospect of a shared autonomous vehicle sounds far fetched, there are indications that we may be seeing them in the near future perhaps earlier than wed think realistic.
For example, Tesla announced in early 2020 that they intended to launch shared autonomous vehicles pending regulator approval and they were citing the fact that the technology is available. However, shared autonomous vehicles were not launched in 2020.
Elon Musk is an unreal personality who regularly shares his future plans on Twitter, and autonomous cars are one project he is fascinated by.
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Simulated Views From Starman Of Elon’s Tesla Roadster
Im working on a simulated 3-d view of the Roadster. Specifically, Im working on a Screensaver. Ive made a few improvements since this video was done, but it should give you a good idea of it.You may purchase the screen-saver for Windows at Itch.io. I also have the EXE I used to make the simulation there, and am continually updating it.I am working on other systems to use the app as well, and improving the graphics. Expect to see both soon! If you want to know how to use the tools I used to make this, see my FAQAlso, please subscribe to my YouTube channel to support more of these videos coming out!
In addition to the Screensaver Mode, I have a video visualization that I have been working on, showing the 72 year predicted history of Starman. Take a look below.
First Department Of Defense Contract
In December 2012, SpaceX announced its first Falcon Heavy launch contract with the . The awarded SpaceX two -class missions, including the mission for Falcon Heavy, originally scheduled to be launched in March 2017, to be placed at a near circular orbit at an altitude of 700 km , with an inclination of 70.0°.
In April 2015, SpaceX sent the U.S. Air Force an updated letter of intent outlining a certification process for its Falcon Heavy rocket to launch national security satellites. The process includes three successful flights of the Falcon Heavy including two consecutive successful flights, and the letter stated that Falcon Heavy can be ready to fly national security payloads by 2017. But in July 2017, SpaceX announced that the first test flight would take place in December 2017, pushing the launch of the second launch to June 2018. In May 2018, on the occasion of the first launch of the Falcon 9 variant, a further delay to October 2018 was announced, and the launch was eventually pushed back to 25 June 2019. The STP-2 mission used three Block 5 cores.
Payload for Space Test Program 2
The payload for the of the Department of Defense included 25 small spacecraft from the U.S. military, NASA, and research institutions:
The was a payload it is a project partly developed by the U.S. Air Force to demonstrate a less-toxic propellant.
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Alleged Connection To Jeffrey Epstein
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In July 2019, Vanity Fair reported that, during a dinner organized by Reid Hoffman, Musk introduced convicted sex offender Jeffrey Epstein to . Zuckerberg confirmed that he was at the party, Musk denied that he introduced the two, and both denied having any substantive relationship with Epstein.
Elon Musks Real Estate
As of July 2021, Musk sold off all his property. He resides in a $50,000 tiny house he rents from SpaceX.
Musk previously owned a 100-year-old house in northern California that he bought it for $23.364 million in 2017. His portfolio once showed six other homes in California. Those properties included a 20,000-square-foot house in Bel-Air that he bought for $17 million in 2012 and a 9,300-square-foot house that he paid $24.25 million for in 2016. After announcing that he would sell half his worldly possessions, Musk sold his six Southern California properties.
I am selling almost all physical possessions. Will own no house.
Elon Musk May 1, 2020
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Woman Fed Up Cars Parking On Drive Leaves Angry Note
Elon Musk bought his McLaren F1 for $1m in 1999 after hed just made $22m in Silicon Valley.
And to his credit, he used the machine as much as he could, including on ordinary drives around California.
But eventually he crashed it on his way to a business meeting, and despite his passenger having no seat belt on at the time of the accident, both occupants were unharmed.
Elon Musk sold the car for a significant profit – McLaren F1s are worth around £20m today – and his company Tesla has since produced electric cars that outpace the F1s acceleration.
Elon Musks First 2 Car Purchases
The first car Musk owned and liked was a 1978 BMW 320i- he paid $1,400 in 1994 and fixed up himself
In 1994, Musk purchased his first car, a 1978 BMW 320i that cost him $1,400. He fixed it up to be a pretty nice-looking vehicle, which he drove for two years. One day, a Zip2 intern was driving it when a wheel fell off the car. At that point, Musk junked it.
When he got his initial Zip2 bonus of $40,000, he went car shopping. This time, he set his sights on the one car he always wanted, a Jaguar E-Type. He bought a 1967 model for $35,000. The car was a dream come true, but not for long.
Musk called it a bad girlfriend because it gave him lots of trouble. He said it kept breaking down and always needed repairs. The first time it gave him grief was when he drove it home from the dealer, he told Forbes.
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How Much Is Elon Musk Worth After Being Named Times Person Of The Year
The CEO of rocket producer SpaceX and electric car maker Tesla, Elon Musk is changing the way the world moves. So much so that Time magazine has named him its Person of the Year for 2021.
He is reshaping life on Earth and possibly life off Earth, as well, Edward Felsenthal, Times editor-in-chief, said Monday on NBCs TODAY show.
Musk wears many hats, including inventor, executive and futurist roles that have paid him well. Elon Musks net worth, as of Feb. 4, 2022, rests at $240.5 billion, per Forbes.
His worth shifted throughout 2021. The entrepreneurs worth had increased by $25.6 billion overnight after Hertz announced they would be placing an order for 100,000 Telsa EVs for its fleet on Oct. 25.
Then, over the course of the week of Nov. 8, Musk lost $1 billion. The drop began after a tweet on Saturday, Nov. 6, in which he asked his followers if he should sell 10% of his Telsa stock. Once his fans said yes, he lost $50 billion when stock prices dropped. The subsequent loss came after he sold $5 billion in Telsa stock on Wednesday, Nov. 10.
Despite the ups and downs, Musk is still the richest man on and off the planet.
Where Is Elon Musks Car Going
Last Tuesday , SpaceXs Falcon Heavy successfully lifted off from Launch Complex 39A at Kennedy Space Center in Florida. Falcon Heavy is now the worlds most powerful operational rocket by a factor of two, providing a heavy-lift capability not seen since the Apollo era in the late 1960s and early 70s, when mighty Saturn V rockets lifted astronauts to the moon. Falcon Heavys launch last Tuesday was a test flight, its maiden voyage, meant to prove the concept of the rocket itself . It definitely did! But SpaceX founder and CEO Elon Musk, as always, went further. He and his team placed Musks 2008 Tesla Roadster at the top of the rocket, with the goal of blasting it into an elliptical orbit between Earth and Mars. The orbit would, at times, bring the car with its passenger, a mannequin nicknamed Starman, dressed for space near Mars.
The Falcon Heavy rocket test was a major success and a thrill for space fans. After livestreaming views from StarMans vantage point in Earth orbit , SpaceX reignited the upper stages engine one last time, giving the Tesla a push beyond Earths orbit.
So was the car bound for Mars?
Throughout the day on Tuesday, Musk had been tweeting updates on the Falcon Heavy launch. At the end of the day, unexpectedly, he tweeted this:
Third burn successful. Exceeded Mars orbit and kept going to the Asteroid Belt.
Elon is still talking about the Starman going to the asteroid belt. But Im not convinced yet
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What Is Elon Musks Next Big Project
Jeff Brown founder of Brownstone Research, whos known for talking about promising tech innovations and how investors can make money off of them, recently did a demonstration where he was talking about a project being that is to be launched by Elon Musk called S.A.V.
According to him, Tesla CEO Elon Musk the CEO of SpaceX, Neuralink and The Boring Company, who is known for his desire to implement futuristic ideas is up to something new that may potentially be big not only in the tech sense but also an investment opportunity.
Elon Musks new project has to do with Tesla because Jeff Brown has one of their cars in the presentation.
He doesnt mince his words over how he thinks electric cars are going to dethrone gasoline-powered ones as the more popular cars in the future. And he says that they will be more popular not just because people will all of a sudden get environmentally conscious he thinks going electric will be more about economics electric cars will be cheaper overall.
Circling back to the SAV project, what does it mean and entail anyway?
What is SAV ?
SAV is an acronym for so basically rideshare services.
To help us understand what shared autonomous vehicle is all about, the Brownstone Research founder explains that Tesla isnt a carmaker in a conventional way.
He tells us that it is also an AI company and that when it develops a car, it creates the software first and then builds the car around it.
Why Elon Musk Will Be Remembered As An Automotive Pioneer
The richest person in the world often attracts headlines for the wrong reasons. But his upending of traditional car-production methods should not be forgotten
As I write, Tesla, the manufacturer of electric vehicles , has a market capitalisation of $1.051tn, which makes it the worlds sixth most valuable company by market cap. Tesla shares are trading at $1,047, which is 64% higher than at this time last year. Elon Musk, the founder and CEO of the company, currently has a net worth estimated at $300bn, which makes him the richest person in the world.
The answer, I suspect, lies in his mastery of the business of manufacturing complex products. One sees it, for example, in the way SpaceX, the aerospace company he set up to reduce the colossal costs of space travel, has become the first non-state organisation to: successfully launch, orbit and recover a spacecraft send a spacecraft to the International Space Station manage the first vertical takeoff and vertical landing for an orbital rocket and send astronauts to the International Space Station. Anyone who thinks this stuff is easy has never done it.
A closer examination of his Twitter feed yields an impression of a really complex individual
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Ceo Says Company Doesnt Plan To Introduce Any New Vehicle Models In 2022
Elon Musk is betting that he can turn Tesla Inc. into one of the worlds largest car makers while selling just a handful of models, challenging a long-held auto-industry belief that it takes a diverse stable of updated models to attract buyers.
It is another example of Mr. Musks defiance of industry orthodoxyat a time when electric-vehicle competition has never been fiercer.
Solarcity And Tesla Energy
Musk provided the initial concept and financial capital for SolarCity, which his cousins Lyndon and Peter Rive co-founded in 2006. By 2013, SolarCity was the second largest provider of solar power systems in the United States. In 2014, Musk promoted the idea of SolarCity building an advanced production facility in Buffalo, New York, triple the size of the largest solar plant in the United States. Construction on the factory started in 2014 and was completed in 2017. It operated as a joint venture with Panasonic until early 2020 when Panasonic departed.
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Will Elon Musk Deliver Self
No doubt: Musk has changed the auto industry landscape. But Tesla’s achievements have happened on a timeline removed from Musk’s promises. The history of those promises shows that he rarely keeps them, at least not within the deadlines he sets.
Latest example: the futuristic Cybertruck. In November 2019, the billionaire assured that the first trucks would be delivered in 2021. Tesla has postponed this date twice. On Wednesday, Musk said production of the Cybertruck won’t start until at least 2023.
“As the Cybertruck, Semi, Roadster, Optimus, we’ll be ready to bring those to production. Hopefully, next year. That is most likely,” said Musk.
Optimus is a humanoid robot that Tesla plans to build to assist in tasks around the factory or perform other types of repetitive work.
In 2016, he promised that we’ll have driverless Tesla vehicles.
He was back at it in 2018, when he promised that Version 9 of the FSD feature would begin rolling out in August. He did it again during Tesla Autonomy Day in 2019, proclaiming that a year from now there would be over a million cars with full self-driving, software, everything.
Last July, he promised that FSD 9 beta is shipping soon, with an added I swear! just in case you had any doubts about his solemnity.
Regulators recently called Tesla’s use of full-self-driving for its driver-assist systems misleading.