Cybercaps, driving on their own on the

26/4/24 #Tesla News Summary

1. Cybercaps, driving on their own on the production line without a handle
   Tesla released a video of its fully self-driving car “CyberCap” without a steering wheel being released from its production line and then driving itself to a parking lot without any separate manipulation. It is drawing attention with footage of autonomous driving in a real factory environment.
2. Reach all-time order balance and FSD subscription revenue at the same time
   Tesla posted its highest Q1 order backlog in two years as of the previous quarter. It also has 456,000 monthly FSD (Full Self-Driving) subscribers, generating regular monthly revenue of more than $45 million (W63 billion).
3. FSD Daily Driving Range Doubles In Two Months
   Tesla vehicles’ FSD-based average daily driving distance has more than doubled from 14.4 million miles a few months ago to 28.8 million miles now. That’s a 1,000-mile cumulative rate every three seconds, coupled with increased FSD usage and more vehicle traffic. Tesla has updated its FSD mileage tracker to the latest benchmark to reflect this.
4. Introducing Machine Learning Model to Shorten Supercharger Standby
   Tesla is deploying machine learning models that predict charging intent vehicles more precisely to address supercharger congestion. The model works by learning 9 million miles of anonymized vehicle movement data within the geofence to proactively identify actual charging needs.
5. Australian emergency services cut costs and turn green with Model Y
   The city of Melville in Western Australia has introduced the Tesla Model Y as an emergency response vehicle. The city of Melville said the transition is saving about $50,000 (about 70 million won) in fuel and maintenance costs annually while also reducing carbon emissions, and the vehicles are operating 24 hours a day with a 12-hour shift.
6. Berlin Gigafactory to hire 1,000 new employees and expand production by 20%
   A Tesla spokesperson said it plans to create 1,000 new jobs by the end of June at its Gigafactory in Berlin, Germany, to counter rising demand for the Model Y. This will increase weekly production by about 20% starting in the third quarter of 2026.
7. Electric Isaacson “highly likely to merge Tesla and SpaceX”
   “I’m confident Tesla and SpaceX will eventually merge,” said Elon Musk biographer Walter Isaacson. He cited the fact that the two companies are already working together on the TerraFab project, and that Musk is deploying engineers fluidly between the two companies.
8. “Optimus and Self-Driving Shock, incomparable to LLM”
   Isaacson emphasized that no matter how big the public’s interest in LLM (large language models) is now, it is insignificant compared to the impact of millions of Optimus robots and self-driving cars in full swing. Tesla has officially confirmed in its recent earnings call that it is preparing to build its first large-scale Optimus plant.