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MyTeslaWeekend & James Stephenson debunk a lot of nonsense surrounding Tesla MyTeslaWeekend & James Stephenson debunk a lot of nonsense surrounding Tesla

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MyTeslaWeekend & James Stephenson debunk a lot of nonsense surrounding Tesla

Credit: MyTeslaWeekend

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MyTeslaWeekend and James Stephenson shared a deep dive into the nonsense and misinformation surrounding Tesla. And they debunked each one. There always seems to be Tesla critics who take things a bit too far. MyTeslaWeekend didn’t hold back. In the video’s description, he said,

“These guys use some really dishonest math. They deduct from one side without accounting for the other. They count something for GM or Stellantis, but not Tesla. They move numbers between columns as if that’s how accounting works. They’re lying liars. Not James’ words, but mine.”

Some of the topics they covered included zero-emissions vehicles (ZEV) credits not being taxpayer money, General Motors (GM) only selling 26 Evs in the last quarter of 2021, Tesla CEO Elon Musk’s actual compensation accounting, the pump and dump myth, and so much more.

ZEV Credits Are Not Taxpayer Money

James pointed out that some people seem to think ZEV credits are taxpayer money when this is not the case.

“Some people get the wrong-headed notion that regulatory credits are a stipend from the government; that governments are giving you taxpayer money. And that is not what’s going on at all. The money you’re making is from selling to your competitors who did not produce enough electric vehicles to comply with applicable law.”

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The money, he added is for competitors who don’t want to pay fines to the government for non-compliance.

GM Only Sold 26 Evs In Q4 2021

Despite President Biden’s claim that GM is the EV leader, the automaker only sold 26 EVs in Q4 2021.

“In Q4 of 2021, General Motors sold 26 electric vehicles. They sold 25 Volts and they sold one electric Hummer, I believe, to Mary Barra. I think she was the buyer of the one electric Hummer.”

Tesla, he added, sold over 300,000 electric vehicles.

Elon Musk’s Compensation

Elon Musk as CEO of Tesla doesn’t take a salary and James added that he doesn’t get any cash bonus.

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“Most CEOs do have either or both of those as part of their compensation package.”

“What Elon said was, ‘hey if I can’t grow the revenue and the market capitalization of this company, the value of people’s investments in this company by tremendous amounts, you don’t owe me anything. I’ll make zero dollars if I can’t do those things.”

James further explained how the gap accounting treatment works.

“As Elon made progress towards achieving those aggressive goals that I just outlined, Tesla had to record expense relative to the proportion to the twelves tranches that Elon was making progress towards achieving.”

“This is not widely understood. So, another thing that we saw in Q1 of 2022, the most recently reported quarter was ‘Tslaq’ crying foul over the reduction in SG&A year-over-year”

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He pointed out that this group, ‘Tslaq’ which is mostly responsible for a lot of the misinformation against Tesla, said that last year, the number was larger than this year. So by the logic of this group, Tesla must be committing fraud.

“‘It has to be fraud. There’s no way your SG&A could have come down by that much year-over-year.’ Well, it’s because a year ago, Elon was still making tons of progress towards achieving these market cap and revenue and even milestones. And this year, the work’s done already. It was almost completely achieved by the end of 2021. So there’s almost nothing left to pay against it.”

‘Elon Musk is a Pump and Dump’ Myth

MyTeslaWeekend shared his biggest pet peeve that he sees all the time which is the constant claim that Elon Musk is nothing but a pump and dump. James shared his thoughts.

“He owns more shares now than he did a year ago or two years ago. And he’s probably going to buy more shares if he can extricate himself from the Twitter situation. So, he still owns more Twitter stock than anybody else does right now. Far more than the people on Twitter’s board combined.”

Elon Musk is also often accused of pumping and dumping Dogecoin however he hasn’t sold his Doge. In fact, he’s recently reaffirmed his support of Doge. In addition to Doge, and Tesla, some critics have claimed Elon has pumped and dumped SpaceX stock and MyTeslaWeekend pointed out that this isn’t a publicly traded stock.

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Debunking the nonsense is something that is done on a regular basis and the video, I think is a gem in the treasure box. You can watch the full video below.

 

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Elon Musk confirms awesome new features at Tesla Diner Supercharger

More details continue to be revealed about the Tesla Supercharger Diner as its opening seems to be imminent.

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Credit: Brad Goldberg (via Sawyer Merritt on X)

Elon Musk has confirmed a few new features that will be present at the Tesla Diner Supercharger in Los Angeles.

Musk confirmed these two new details as he revealed he recently ate at the Supercharger Diner. We also recently confirmed a few menu items as a soft launch has already occurred, and a public launch date appears to be within reach.

The new features were revealed by Tesla Joy on X. We shared the details, and Musk confirmed that these are, in fact, features of the Diner that Tesla owners will be able to enjoy.

Tesla reveals key detail of Supercharger Diner, but it’s bigger than you think

The Diner is not exclusive to Tesla owners, but these two features do require a Tesla for compatibility purposes.

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Order Food from Your Car

As you pull into the Supercharger Diner, you can order any food item you want, including burgers, wings, fries, shakes, cookies, and more, directly from your vehicle.

A prompt will likely appear that will open a menu to the Supercharger Diner, allowing you to order food. An employee will bring the food out, that is, if Tesla decides to continue with a true and traditional 50s diner theme.

We get it, it’s not a groundbreaking feature. It’s still cool, convenient, and another advantage to visit the diner as a Tesla owner.

Movie Screen Audio Will Sync to Your Tesla

There are two massive movie screens that will play various entertainment options during your visit to the Supercharger Diner. There have been movie clips and even SpaceX launch highlights playing during recent drone flyovers at the location on Santa Monica Boulevard.

Instead of having to open your windows to hear the content on the screen, it will instead sync the audio and play directly in your vehicle through your car stereo speakers.

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The Supercharger Diner has also appeared on the Tesla app for the first time, and is currently showing 80 stalls at the location:

Although the stalls are not yet active, the culmination of all the details we’ve learned over the past week about the Diner only points to one thing: an imminent grand opening.

Tesla has not yet confirmed a date for the Supercharger Diner’s opening, and Los Angeles building and construction permits also do not state a specific target date for opening.

It seems as if Tesla will reveal the date itself, potentially in the coming week, as it will report earnings on Wednesday, July 23.

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Tesla Supercharger Diner food menu gets a sneak peek as construction closes out

What are you ordering at the Tesla Diner?

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Credit: BradGoldbergMD | X

The Tesla Supercharger Diner in Los Angeles is nearing completion as construction appears to be winding down significantly. However, the more minor details, such as what the company will serve at its 50s-style diner for food, are starting to be revealed.

Tesla’s Supercharger Diner is set to open soon, seven years after CEO Elon Musk first drafted the idea in a post on X in 2018. Musk has largely come through on most of what he envisioned for the project: the diner, the massive movie screens, and the intended vibe are all present, thanks to the aerial and ground footage shared on social media.

We already know the Diner will be open 24/7, based on decals placed on the front door of the restaurant that were shared earlier this week. We assume that Tesla Optimus will come into play for these long and uninterrupted hours.

The Tesla Diner is basically finished—here’s what it looks like

As far as the food, Tesla does have an email also printed on the front door of the Diner, but we did not receive any response back (yet) about what cuisine it will be offering. We figured it would be nothing fancy and it would be typical diner staples: burgers, fries, wings, milkshakes, etc.

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According to pictures taken by @Tesla_lighting_, which were shared by Not a Tesla App, the food will be just that: quick and affordable meals that diners do well. It’s nothing crazy, just typical staples you’d find at any diner, just with a Tesla twist:

As the food menu is finalized, we will be sure to share any details Tesla provides, including a full list of what will be served and its prices.

Additionally, the entire property appears to be nearing its final construction stages, and it seems it may even be nearing completion. The movie screens are already up and showing videos of things like SpaceX launches.

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There are many cars already using the Superchargers at the restaurant, and employees inside the facility look to be putting the finishing touches on the interior.

It’s almost reminiscent of a Tesla version of a Buc-ee’s, a southern staple convenience store that offers much more than a traditional gas station. Of course, Tesla’s version is futuristic and more catered to the company’s image, but the idea is the same.

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It’s a one-stop shop for anything you’d need to recharge as a Tesla owner. Los Angeles building permits have not yet revealed the date for the restaurant’s initial operation, but Tesla may have its eye on a target date that will likely be announced during next week’s Earnings Call.

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Tesla’s longer Model Y did not scale back requests for this vehicle type from fans

Tesla fans are happy with the new Model Y, but they’re still vocal about the need for something else.

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Credit: AlwinArt/Twitter

Tesla launched a slightly longer version of the Model Y all-electric crossover in China, and with it being extremely likely that the vehicle will make its way to other markets, including the United States, fans are still looking for something more.

The new Model Y L in China boasts a slightly larger wheelbase than its original version, giving slightly more interior room with a sixth seat, thanks to a third row.

Tesla exec hints at useful and potentially killer Model Y L feature

Tesla has said throughout the past year that it would focus on developing its affordable, compact models, which were set to begin production in the first half of the year. The company has not indicated whether it met that timeline or not, but many are hoping to see unveilings of those designs potentially during the Q3 earnings call.

However, the modifications to the Model Y, which have not yet been officially announced for any markets outside of China, still don’t seem to be what owners and fans are looking forward to. Instead, they are hoping for something larger.

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A few months ago, I reported on the overall consensus within the Tesla community that the company needs a full-size SUV, minivan, or even a cargo van that would be ideal for camping or business use.

Tesla is missing one type of vehicle in its lineup and fans want it fast

That mentality still seems very present amongst fans and owners, who state that a full-size SUV with enough seating for a larger family, more capability in terms of cargo space for camping or business operation, and something to compete with gas cars like the Chevrolet Tahoe, Ford Expedition, or electric ones like the Volkswagen ID.BUZZ.

We asked the question on X, and Tesla fans were nearly unanimously in support of a larger SUV or minivan-type vehicle for the company’s lineup:

Here’s what some of the respondents said:

Tesla is certainly aware that many of its owners would like the company to develop something larger that competes with the large SUVs on the market.

However, it has not stated that anything like that is in the current plans for future vehicles, as it has made a concerted effort to develop Robotaxi alongside the affordable, compact models that it claims are in development.

It has already unveiled the Robovan, a people-mover that can seat up to 20 passengers in a lounge-like interior.

The Robovan will be completely driverless, so it’s unlikely we will see it before the release of a fully autonomous Full Self-Driving suite from Tesla.

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