4 – 5 more years as CEO
At the annual Tesla general shareholders meeting Musk announces that he plans to stay on as CEO for four or five years, or at least through volume production of Gen 3, the mass market, $35,000-a-year car.
No one is a CEO forever. Eventually they carry you out.
Veteran employment push
Tesla announces its plans to become one of America’s leading employers of military veterans. Tesla’s workforce is increasing rapidly as it expands production of its Model S, prepares its launch of the Model X crossover SUV and enters new overseas markets. The company now has more than 6,000 employees, and of those, 300 — or roughly 5 percent — are veterans, including its logistics director, former Navy officer Adam Plumpton. An additional 600 veteran candidates are in the hiring pipeline. The Company says:
We want to be known throughout the veteran community as a great place to work.Veterans are a great source of talent for Tesla, and we’re going after it.
Ludicrous Speed upgrade
Musk announces “Ludicrous Speed,” a $10,000 upgrade for the P85D Model S. The upgrade improves 0-60 time by 10 percent, to 2.8 seconds, with a quarter-mile sprint dropping to 10.9 seconds. The top speed increases to 155 miles per hour, 20 percent faster than on a standard P85D. The Model X will also have Ludicrous Speed as an option, but because that vehicle is 10 percent heavier than the S it will be slower.
Launch event announced
Tesla announces that the Model X will be launched on September, 29, in Fremont, California
Musk reveals Optimus Robot
Musk unveils the humanoid Telsa Optimus Robot at Tesla AI Day. He shows a walking production prototype, plus one that uses Tesla actuators. Musk says the robot will be produced at scale and will cost less than a family car.
We’ve designed it using the same discipline that we use when designing the car, which is to design it for manufacturing, so it’s possible to make the robot at high volume at low cost, with high reliability. That’s incredibly important. We’ve all seen very impressive humanoid robot demonstrations. But what are they missing? They’re missing a brain. They don’t have the intelligence to navigate the world by themselves. They’re also very expensive and made in low volume, whereas Optimus is an extremely capable robot, but it’s made in very high volume, ultimately millions of units. It’s expected to cost much less than a car, probably less than $20,000.
— Tesla (@Tesla) October 1, 2022
Musk announces Quicksilver & Midnight Cherry Red Tesla colors
Musk introduces two new colours for the Model Y, available from Giga Berlin – Quicksilver & Midnight Cherry Red. Tesla:
Quicksilver & Midnight Cherry Red — made at Giga Berlin. Both are made from highly-pigmented metallic paint, designed to change depending on viewing angle & light. Our most advanced paint system yet, allowing up to 13 layers for depth, dimension & a hand-painted look. Available in Europe & the Middle East
Musk:
Only Giga Berlin can make these colors, as paint shop was specially built to apply many fine layers of paint, giving it complexity not otherwise possible
Only Giga Berlin can make these colors, as paint shop was specially built to apply many fine layers of paint, giving it complexity not otherwise possible https://t.co/Htis0LfRzV
— Elon Musk (@elonmusk) October 21, 2022
Ford to use Tesla Superchargers
Ford strikes deal with Tesla to allow its electric vehicle owners to gain access to more than 12,000 Tesla Superchargers in North America in early 2024. This makes Ford the first major automaker to embrace Tesla’s proprietary charging standard and gives the company access to the biggest network of high-speed Superchargers in the United States. Tesla will provide an adapter to Ford EVs fitted with the Combined Charging System (CCS), giving them port access to Tesla’s V3 Superchargers. Ford will equip future EVs with Tesla’s own charging standard, removing the need for an adapter for direct access to Tesla Superchargers, starting in 2025. Pricing will be “competitive”. On Twitter Spaces, Musk tells Ford CEO Jim Farley:
The idea is that we don’t want the Tesla supercharger network to be like a walled garden. We want it to be something that is supportive of electrification and sustainable transport in general.
Farley:
We love the locations, we love the reliability, your routing software, the ease of use of the connector, the reliability of it. Tesla storms through the [Japanese bullet] train station like 300 kilometers per hour Shinkansen. We’re learning a lot.
Farley said earlier at a Morgan Stanley forum that:
[O]n the infrastructure side, I think it’s room for some collaboration between the auto companies, which is totally unnatural for us….the first step is to work together in a way we haven’t, probably with the new EV brands and the traditional old companies…. It seems totally ridiculous that we have an infrastructure problem, and we can’t even agree on what plug to use. I think the first step is to work together in a way we haven’t, probably with the new EV brands and the traditional auto companies. I think you’ll see Ford do that just because that’s what kind of company we are.
Coming soon: More locations to charge your Ford® electric vehicle. Thousands of them. @Tesla https://t.co/FayrARjD3s pic.twitter.com/CtDEcqvdwu
— Ford Motor Company (@Ford) May 25, 2023
Tesla to launch UK electricity supplier
A job ad posted for UK head of operations for Tesla Electric, says Tesla is seeking to apply to Ofgem, the UK’s electricity regulator, for an electricity supply licence, which would allow the company to launch a “retail electricity product in the UK”. The ad says Tesla is seeking to “support the transition of the entire electricity grid to 100pc renewables” by making more use of home batteries.
The project is said to be similar to Tesla’s Texas energy utility, which sells electricity from Tesla Powerwall batteries to the grid during peak times and buys it back when it is cheaper. An industry source says between 10,000 and 20,000 Powerwall units, which cost £9500 in the UK, are believed to have been installed in UK households. Owners of Tesla cars could also eventually use the service, under Ofgem plans to allow electric vehicles to sell electricity back to the grid.