It appears that the Tesla Cybertruck is starting to make a name for itself in tractor pulling events. While the brutalist all-electric pickup truck is still subjected to a notable amount of hate from critics, few can deny the fact that the Cybertruck, thanks to its raw power, is making a believer out of some tractor pulling fans.
This is particularly highlighted in a video that was posted earlier this month on Facebook, where the user noted that he was able to witness firsthand how a Cybertruck was able to perform feats that “real” trucks could not. In that video, the Cybertruck came out 2nd out of 17 participants, with the vehicle reportedly only losing to a competitor with a modified power stroke engine.
A Cybertruck owner participated in a tractor pull event and came 2nd of 17 participants- only losing out to a modified power-stroke engine.
It beat all other stock trucks, including HD’s ?
(Via John Doan) pic.twitter.com/lnbSeMlWI5— Nic Cruz Patane (@niccruzpatane) July 22, 2024
Another post showcased a Cybertruck stunning the audience in a tractor pull event. Over the course of the short video, some of the tractor pulling competition’s audience could be heard exclaiming their disbelief as the all-electric pickup truck pulled the tractor over a considerable distance.
The crowd’s mouth just ripped open in awe seeing the Cybertruck tow this tractor, “there’s no way, there’s no way!” pic.twitter.com/x3Clplm8Il— Teslaconomics (@Teslaconomics) July 27, 2024
And in recent video, a Cybertruck was shown reportedly winning in a tractor pulling event’s 2500 class. As could be seen in the video, the Cybertruck, which appeared to be a Dual Motor AWD variant, completed a “full pull.” Cheers from the event’s audience could be heard as the Tesla Cybertruck completed the feat.
?— Elon Musk (@elonmusk) July 28, 2024
Tractor pulling is known as the “world’s heaviest motorsport,” as it involves vehicles dragging a metal sled along a prescribed course. The sled contains a box filled with weight that is mechanically winched forward as the sled progresses along the track. Pulling this ever-increasing load eventually causes the vehicle to lose forward momentum and torque, although some vehicles might reach the end of the course — a feat known as a “full pull,” as noted by the National Tractor Pullers Association on its official website. Such a “full pull” was demonstrated by the Cybertuck in the 2500 class video.
When Tesla held the Cybertruck’s first delivery event, CEO Elon Musk showcased a feat of strength that involved the all-electric pickup truck participating in a tractor pulling event against a Ford F-150 Lightning, a Rivian R1T, and a Ford F-350. As could be seen in the video, the Cybertruck has more than what it takes to compete against the best in tractor pull events.
Tesla’s original Cybertruck tractor pull demonstration can be viewed below.
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News
Tesla Full Self Driving (FSD) is nearing approval in a new country
As per the official, Tesla’s Full Self-Driving system could be enabled in Israel in the near future.
It appears that Tesla FSD (Supervised) is heading to a new country soon, at least based on comments from Israel’s Transport and Road Safety Minister Miri Regev.
As per the official, Tesla’s Full Self-Driving system could be enabled in Israel in the near future.
Israeli drivers are pushing for FSD rollout
While Tesla’s FSD is already operational in markets like the U.S., Canada, and Australia, Israeli owners have long been unable to use the feature due to regulatory barriers. Despite its premium price tag, however, numerous Tesla owners in Israel have noted that the technology’s safety benefits, at least when approved for real-world use in the country, justify its cost.
It was then no surprise that nearly 1,000 Tesla owners in Israel have already petitioned the government to greenlight FSD’s domestic release in Israel. In a post on X, Regev seemed to confirm that FSD is indeed coming to Israel. “I’ve received the many referrals from Tesla drivers in Israel! Tesla drivers? Soon you won’t need to hold the steering wheel,” she wrote in her post.
FSD’s regulatory support in Israel
Regev stated that her Ministry views promoting innovative technologies as essential to improving both road safety and smart mobility. A working group led by Moshe Ben-Zaken, Director General of the Ministry of Transportation has reportedly been tasked to finalize the approval process, coordinating with regulatory and safety agencies to ensure compliance with international standards.
In a comment to Geektime, Israel’s Ministry of Transportation and Road Safety noted that Regev is indeed supporting the release of FSD in the country. “Minister Regev sees great importance in promoting innovative technologies, and in particular in the entry of advanced driving systems (FSD) into the Israeli market, as part of the ministry’s policy to encourage innovation, safety, and smart transportation,” the Ministry stated.
Investor's Corner
Bank of America raises Tesla PT to $471, citing Robotaxi and Optimus potential
The firm also kept a Neutral rating on the electric vehicle maker, citing strong progress in autonomy and robotics.
Bank of America has raised its Tesla (NASDAQ:TSLA) price target by 38% to $471, up from $341 per share.
The firm also kept a Neutral rating on the electric vehicle maker, citing strong progress in autonomy and robotics.
Robotaxi and Optimus momentum
Bank of America analyst Federico Merendi noted that the firm’s price target increase reflects Tesla’s growing potential in its Robotaxi and Optimus programs, among other factors. BofA’s updated valuation is based on a sum-of-the-parts (SOTP) model extending through 2040, which shows the Robotaxi platform accounting for 45% of total value. The model also shows Tesla’s humanoid robot Optimus contributing 19%, and Full Self-Driving (FSD) and the Energy segment adding 17% and 6% respectively.
“Overall, we find that TSLA’s core automotive business represents around 12% of the total value while robotaxi is 45%, FSD is 17%, Energy Generation & Storage is around 6% and Optimus is 19%,” the Bank of America analyst noted.
Still a Neutral rating
Despite recognizing long-term potential in AI-driven verticals, Merendi’s team maintained a Neutral rating, suggesting that much of the optimism is already priced into Tesla’s valuation.
“Our PO revision is driven by a lower cost of equity capital, better Robotaxi progress, and a higher valuation for Optimus to account for the potential entrance into international markets,” the analyst stated.
Interestingly enough, Tesla’s core automotive business, which contributes the lion’s share of the company’s operations today, represents just 12% of total value in BofA’s model.
News
Tesla Model Y on FSD saves couple after encountering King of edge cases
Experts have noted that if confirmed, this could be the world’s first recorded meteorite collision involving a Tesla.
A South Australian Tesla driver is thanking his Model Y’s Full Self-Driving system after a mysterious object, possibly a meteorite, slammed into his car’s windshield while it had FSD engaged.
The impact sent hot glass fragments flying through the cabin as the vehicle continued driving without human input through the darkness. Experts have noted that if confirmed, this could be the world’s first recorded meteorite collision involving a Tesla.
The Tesla owner was enjoying a quiet drive home when they hit the king of edge cases
Veterinarian Dr. Andrew Melville-Smith and his wife were traveling north on Augusta Highway on the night of October 19 when a sudden blast struck their newly delivered Model Y. At the time, it was clear, pitch black night, and Dr. Melville-Smith and his wife were just listening to a podcast while FSD was operating the vehicle, as noted in a Yahoo News report.
Suddenly, something hit the Tesla’s windshield. “Then there was, (what) I can only describe as a very, very violent explosion. The whole inside of the car was literally blasted with glass fragments. It was full of white smoke, and it smelled like the car was on fire,” Dr. Melville-Smith stated.
The vet stated that he and his wife were stunned for a good 10 seconds, and for a bit, he and his wife thought they had crashed. Images of the crash’s aftermath showed a massive crack on the Tesla’s windshield, which Dr. Melville-Smith noted was hot to the touch. The object that hit the Tesla’s windshield was so hot that part of the vehicle’s windshield was partly melted.
FSD kept driving despite the possible meteorite strike
Thankfully, the Tesla was operating with its FSD (Supervised) system engaged at the time. Thus, despite the vehicle being hit by what might be a literal meteorite, and despite Dr. Melville-Smith and his wife being stunned because of the impact, their Tesla just kept driving steadily.
“I thought we’d had an accident, but then I looked at the screen and went ‘Oh, we’re still driving. We were moving around, so it obviously thought we were paying attention, and it was happy to keep driving to Port Augusta. After we pulled over, we saw the big crater in the windscreen,” the vet said.
The South Australian Museum is now examining the case, with geologist Dr. Kieran Meaney stating the scorched glass and heat damage do suggest a potential meteorite strike. “The little detail that’s really selling it for me at the moment is that whatever it was that hit the windscreen seems to have been very hot,” Meaney explained. However, the object has yet to be recovered.
Check out a video of the remarkable edge case below.
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