

News
Ford CEO Farley gives bold prediction regarding EV price parity with gas cars
Ford CEO Jim Farley gave a bold prediction regarding EV price parity, stating that he does not believe it will come until after the end of the decade, which holds somewhat brash consequences for the adoption of sustainable powertrains as automakers aim to lower costs.
Since the beginning of the more widespread production of electric vehicles, many people have stated that the biggest bottleneck in widespread adoption is the lack of price parity, or price equality, they have with gas cars.
Gas-powered cars are still much more affordable in terms of the number of options available, but that is not to say that there is not any EV out there that falls below the average transaction price for a new car, which according to Kelley Blue Book, was $55,089 last month. That’s down $10,096 from a year ago. In the overall market, it was $48,275, and there are plenty of EVs out there that are under that price.
However, EVs still need to be to a point where there are numerous options out there for $15,000, $20,000, and even $25,000, and there simply are not suitable options with acceptable range ratings out there for consumers. Ford’s Farley believes the date may be well into the future.
At an Investor Conference that Farley spoke at on Wednesday, he said that EVs will continue to be more expensive than gas counterparts until second and third-generation versions go into production after 2025.
However, the real parity won’t occur until between 2030 and 2035, Farley said, because those cost savings will take place due to “dramatically lower labor content,” and the vehicles will be built with less complexity and with fewer parts.
Automakers won’t be the only ones to suffer, either, in Farley’s estimation. While Ford has 600,000 subscribers in its software business, which has grown from 200,000 at the same time last year, true profitability in the EV side of its business will come from direct-to-consumer sales through online platforms and further growth of the software subscriptions.
Companies will also have to work together if sustainability is truly the ultimate goal. It comes down to more than just a business perspective, and companies have to be willing to set aside competitive advantages to help one another.
“Cooperation is essential,” Farley said. Cooperation is just what Ford is doing as it announced a special partnership with Tesla, which will open its Supercharger Network to the Detroit-based company in an early move that eventually will lead to adopting its Charging Connector in a few years.
Don’t hesitate to contact us with tips! Email us at tips@teslarati.com, or you can email me directly at joey@teslarati.com.

News
Starlink gets green light to launch internet services in Vietnam
Vietnam has given Starlink the green light. With mobile & aviation plans in the mix, SpaceX continues its push into Asia.

Starlink received the green light to launch its internet services in Vietnam.
The Vietnamese government noted SpaceX’s permission to launch Starlink services in the country is on a trial basis. Starlink’s trial period will last until the end of 2030. SpaceX has a subscriber limit of 600,000 within the trial period.
SpaceX can provide Starlink’s fixed and mobile internet service plans throughout Vietnam. It may also offer Starlink Aviation service plans.
According to Reuters, the Vietnamese government noted that there is no limit to foreign ownership of a service. It is uncertain if SpaceX has applied for a license to launch Starlink services in Vietnam.
Vietnam’s decision to permit Starlink services in the country differs from Italy’s decision to pause discussions regarding SpaceX’s internet service. According to Italy’s Defense Minister Guido Crosetto, discussions of a Starlink deal with SpaceX have “come to a standstill. Crosetto cites the controversy surrounding Elon Musk as the reason for the pause on a Starlink deal. Italy was discussing a potential $1.6 billion, 5-year Starlink contract with SpaceX.
SpaceX is also trying to launch Starlink in India. The aerospace company has already signed deals with two of India’s top telecom companies for Starlink services. However, Starlink is still waiting for regulatory approval.
While waiting for regulatory approvals and license processing, SpaceX continues to improve its Starlink services. Recently, news broke that the Elon Musk-led company has plans to launch a new Starlink dish with gigabit speeds.
News
Tesla UK celebrates momentous delivery milestone
Tesla just delivered its 250,000th EV in the UK, marking a major milestone! The lucky owners? A family of four who got a Model 3.

Tesla recently delivered its 250,000th electric vehicle (EV) in the United Kingdom (UK). The American EV maker delivered its 200,000th car in the UK on March 28, 2024.
The 250,00th Tesla vehicle delivered in the UK was handed over to the Cotters, a small family of four with two children. The Cotters received a Tesla Model 3, showing that it still has a place among families.
Tesla UK sales increased by over 20% in February, with almost 4,000 units sold. Last month, the Tesla Model 3 and Model Y ranked second and third, respectively, as the UK’s most popular cars. The Mini Cooper was the UK’s most popular car in February.
Tesla’s brand in the United Kingdom appears untainted by the recent controversy surrounding Musk, leading people in the United States to vandalize Tesla vehicles, stores, and Superchargers.
In the United States, the FBI has created a task force to squash Tesla attacks and end the acts of “domestic terrorism.” At least four people have been arrested related to Tesla attacks, one of which drove a car into a group of people protesting in front of a Tesla store. The other three allegedly threw Molotov cocktails at Tesla vehicles, stores, and Superchargers.
Wall Street analysts have acknowledged the adverse effect anti-Tesla sentiments could have on the company stock. However, the Tesla attacks have little to no impact on analysts’ recent Tesla target price estimates or predictions.
A few analysts have reduced their Tesla price targets as the first quarter ends. Wells Fargo’s Colin Langan cut Tesla’s price target to $130, while RBC slashed it to $320. However, some analysts maintained their price target, like Canaccord Genuity.
“Our estimate is informed by our opinion that some consumers are delaying vehicle purchases to access the new Model Y and 4Q24 earnings call commentary regarding Model Y-related factory retooling limiting production…We wonder whether purchase decision delays and production limitations are being misinterpreted as halted overall momentum for Tesla,” Canaccord analysts noted.
News
Here’s where Waymo is launching autonomous robotaxis next
Waymo has its sights set on three new U.S. cities in the months to come.

Google parent company Waymo has announced plans to bring its self-driving robotaxis to yet another U.S. city, adding to the list of those it plans to deploy the service to in the next several months.
On Tuesday, Waymo announced in a press release that it will be bringing its autonomous ride-hailing vehicles to Washington D.C. in 2026, after it recently announced plans to start deploying the services in Atlanta, Georgia, and Miami, Florida, sometime in 2025. The D.C. services will utilize the Waymo One app, unlike some of the cities which will roll out through a partnership agreement.
“Waymo One is making fully autonomous driving a reality for millions of people across the U.S.” said Tekedra Mawakana, Waymo Co-CEO. “We’re excited to bring the comfort, consistency, and safety of Waymo One to Washingtonians, those who work and play in the city every day, and the millions of people from around the world who travel to the District every year.”
The company says it plans to continue working closely with legislators on regulations needed to operate driverless vehicles in D.C. Additionally, Waymo says it’s currently operating over 200,000 fully autonomous, paid driverless ride-hails per week, as Tesla and others aim to enter the commercial robotaxi space in the coming months.
This video shows the strength of Tesla's vision-based approach.👀🤖
There are very few, if any, advanced driver-assist systems today that will be able to navigate a road like this without specific training.pic.twitter.com/sSAUhjYp7V
— TESLARATI (@Teslarati) March 5, 2025
Gonna be pretty tough to do the Waymo approach in a road like this.
— TESLARATI (@Teslarati) March 5, 2025
READ MORE ON WAYMO: Ex-Waymo CEO dismisses Tesla, Cybercab: ‘They’re a car company with a driver-assist system’
“I’ve experienced firsthand how safely the Waymo Driver operates around pedestrians, cyclists, and other vulnerable road users,” writes Jonathan Adkins, the CEO of the Governors Highway Safety Association. “Waymo has worked with GHSA and our first responder network as they’ve expanded their service, always putting safety first. As someone who walks to work almost every day, I’m excited to share the road with Waymo in Washington, D.C.”
Waymo also recently launched its robotaxi services will deploy in a partnership with Uber in Austin, Texas, where Tesla also has a so-called Gigafactory and plans to roll out its own robotaxi services later this year. The company currently operates paid driverless ride-hailing or early testing in the following cities, primarily in the U.S.:
- San Francisco, California
- Larger San Francisco Bay Area Metro, California
- Los Angeles, California
- Phoenix, Arizona
- Austin, Texas
- Miami, Florida (early pilot testing)
- Tokyo, Japan (early pilot testing)
The news also comes as Tesla aims to roll out its first unsupervised drives with its in-house Full Self-Driving (FSD) software this summer, along with rolling out initial robotaxi ride-hailing services. While the company doesn’t currently operate any paid ride-hailing like Waymo One, the company’s vehicles can generate real-time training data from drivers with FSD Supervised engaged.
-
Elon Musk1 week ago
Elon Musk roasts owners of this car brand after another Tesla vandalism incident
-
Elon Musk6 days ago
Elon Musk confirms two measures Tesla is taking to fight vandalism
-
News5 days ago
Tesla aiming to produce first “legion” of Optimus robots this 2025
-
Elon Musk2 weeks ago
President Donald Trump buys a Tesla at the White House – Here’s which model he chose
-
News1 week ago
SpaceX rescue mission for stranded ISS astronauts nears end — Here’s when they’ll return home
-
News2 weeks ago
U.S. AG Pam Bondi: Tesla Molotov attack suspect facing up to 20 years in prison
-
News2 weeks ago
Rivian supports Tesla despite all the Elon Musk hate
-
Elon Musk7 days ago
Tesla owners doxxed by controversial anti-DOGE website in clear intimidation tactic