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Tesla Cybertruck to become New York man’s power source for tiny home
A New York man plans to use the Tesla Cybertruck as a power source for his “tiny home.” Karl Gesslein, a resident of Ithaca placed an order for the Cybertruck the day of the unveiling after realizing that Tesla’s initial attempt at a pickup truck was exactly what he had been looking for since his childhood.
The idea came from his desire to power his new house in a sustainable way, and by using the $50,000 Dual Motor variant of the Tesla Cybertruck, he will no longer need to use portable batteries as his primary power source.
“I watched the Cybertruck reveal and knew I had to have one because it was everything I had always wanted in a car but never been able to have,” Gesslein said. His interest in the Cybertruck came from his childhood dreams of owning cars like the Lotus Espirit and the Delorian DMC-12. But the most appealing thing about the vehicle was its capability to power his house, especially with the help of the “Vault’s” optional solar panel cover.
Currently, Gasslein and his wife live in an off-the-grid house that they have called home for six years. The house utilizes a homemade battery pack, but he is looking for another option as only 1 kWh of the 1.25 kWh system is usable. The Cybertruck, by his estimation, would power his home for 240 straight days, along with some help from solar panels. “That is long enough to get through a pretty harsh nuclear winter with some time to spare,” he says in a blog post he wrote about his idea.
One thing that Gesslein has noted is that the Cybertruck would fight power outages and scheduled blackouts, especially if the vehicle was hooked up to an on-the-grid circuit breaker. Blackouts and power outages are a relevant issue, especially to those who live in California’s San Francisco Bay Area, who were negatively impacted by them earlier this year.
Pacific Gas and Electric (PG&E), a power supplier for many Bay Area homes, conducted mandatory scheduled blackouts to lower the possibility of forest fires caused by their powerlines during California’s windy and dry Autumn months. In response to the blackouts, Tesla offered its solar solutions for a reduced cost, a strategy that would assist homeowners in avoiding blackouts and carbon emissions altogether.
Tesla’s Cybertruck is a versatile machine. Its triple-motor setup offers the highest towing capacity on the market with a 14,000+ lb rating, a stainless steel design that will not bend or dent, a solar panel vault cover capable of charging the vehicle while it is sitting in sunlight, and a charging port for the electric ATV Tesla unveiled at the same event.
But now, the truck will have a new use: powering a future owner’s tiny home. The Cybertruck is a safe and sustainable option for those who are looking for an alternative way to power their homes. While it will take some creativity and some experience with electric, it is definitely possible. “The Cybertruck is the best deal to be found for electric backup power that won’t accidentally burn your house to the ground or kill you in your sleep. Hands down,” Gesslein said.
The Cybertruck begins production in late-2021 and has accumulated over a quarter-of-a-million pre-orders according to CEO Elon Musk. The truck will be available in three trims, a Single, Dual, and Tri-Motor, all offering different power and performance ratings. The Single Motor base model will cost $39,900, the Dual Motor $49,990, and the Tri-Motor variant that will offer a 2.9 second 0-60 MPH acceleration rate will be available for $69,900.
You can watch Karl Gesslein’s video on the idea to utilize his Cybertruck to run his tiny home below.
Tesla stock (NASDAQ: TSLA) closed at an all-time high on Tuesday, jumping over 3 percent during the day and finishing at $489.88.
The price beats the previous record close, which was $479.86.
Shares have had a crazy year, dipping more than 40 percent from the start of the year. The stock then started to recover once again around late April, when its price started to climb back up from the low $200 level.
This week, Tesla started to climb toward its highest levels ever, as it was revealed on Sunday that the company was testing driverless Robotaxis in Austin. The spike in value pushed the company’s valuation to $1.63 trillion.
Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing
It is the seventh-most valuable company on the market currently, trailing Nvidia, Apple, Alphabet (Google), Microsoft, Amazon, and Meta.
Shares closed up $14.57 today, up over 3 percent.
The stock has gone through a lot this year, as previously mentioned. Shares tumbled in Q1 due to CEO Elon Musk’s involvement with the Department of Government Efficiency (DOGE), which pulled his attention away from his companies and left a major overhang on their valuations.
However, things started to rebound halfway through the year, and as the government started to phase out the $7,500 tax credit, demand spiked as consumers tried to take advantage of it.
Q3 deliveries were the highest in company history, and Tesla responded to the loss of the tax credit with the launch of the Model 3 and Model Y Standard.
Additionally, analysts have announced high expectations this week for the company on Wall Street as Robotaxi continues to be the focus. With autonomy within Tesla’s sights, things are moving in the direction of Robotaxi being a major catalyst for growth on the Street in the coming year.
Elon Musk
Tesla needs to come through on this one Robotaxi metric, analyst says
“We think the key focus from here will be how fast Tesla can scale driverless operations (including if Tesla’s approach to software/hardware allows it to scale significantly faster than competitors, as the company has argued), and on profitability.”
Tesla needs to come through on this one Robotaxi metric, Mark Delaney of Goldman Sachs says.
Tesla is in the process of rolling out its Robotaxi platform to areas outside of Austin and the California Bay Area. It has plans to launch in five additional cities, including Houston, Dallas, Miami, Las Vegas, and Phoenix.
However, the company’s expansion is not what the focus needs to be, according to Delaney. It’s the speed of deployment.
The analyst said:
“We think the key focus from here will be how fast Tesla can scale driverless operations (including if Tesla’s approach to software/hardware allows it to scale significantly faster than competitors, as the company has argued), and on profitability.”
Profitability will come as the Robotaxi fleet expands. Making that money will be dependent on when Tesla can initiate rides in more areas, giving more customers access to the program.
There are some additional things that the company needs to make happen ahead of the major Robotaxi expansion, one of those things is launching driverless rides in Austin, the first city in which it launched the program.
This week, Tesla started testing driverless Robotaxi rides in Austin, as two different Model Y units were spotted with no occupants, a huge step in the company’s plans for the ride-sharing platform.
Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing
CEO Elon Musk has been hoping to remove Safety Monitors from Robotaxis in Austin for several months, first mentioning the plan to have them out by the end of 2025 in September. He confirmed on Sunday that Tesla had officially removed vehicle occupants and started testing truly unsupervised rides.
Although Safety Monitors in Austin have been sitting in the passenger’s seat, they have still had the ability to override things in case of an emergency. After all, the ultimate goal was safety and avoiding any accidents or injuries.
Goldman Sachs reiterated its ‘Neutral’ rating and its $400 price target. Delaney said, “Tesla is making progress with its autonomous technology,” and recent developments make it evident that this is true.
Investor's Corner
Tesla gets bold Robotaxi prediction from Wall Street firm
Last week, Andrew Percoco took over Tesla analysis for Morgan Stanley from Adam Jonas, who covered the stock for years. Percoco seems to be less optimistic and bullish on Tesla shares, while still being fair and balanced in his analysis.
Tesla (NASDAQ: TSLA) received a bold Robotaxi prediction from Morgan Stanley, which anticipates a dramatic increase in the size of the company’s autonomous ride-hailing suite in the coming years.
Last week, Andrew Percoco took over Tesla analysis for Morgan Stanley from Adam Jonas, who covered the stock for years. Percoco seems to be less optimistic and bullish on Tesla shares, while still being fair and balanced in his analysis.
Percoco dug into the Robotaxi fleet and its expansion in the coming years in his latest note, released on Tuesday. The firm expects Tesla to increase the Robotaxi fleet size to 1,000 vehicles in 2026. However, that’s small-scale compared to what they expect from Tesla in a decade.
Tesla expands Robotaxi app access once again, this time on a global scale
By 2035, Morgan Stanley believes there will be one million Robotaxis on the road across multiple cities, a major jump and a considerable fleet size. We assume this means the fleet of vehicles Tesla will operate internally, and not including passenger-owned vehicles that could be added through software updates.
He also listed three specific catalysts that investors should pay attention to, as these will represent the company being on track to achieve its Robotaxi dreams:
- Opening Robotaxi to the public without a Safety Monitor. Timing is unclear, but it appears that Tesla is getting closer by the day.
- Improvement in safety metrics without the Safety Monitor. Tesla’s ability to improve its safety metrics as it scales miles driven without the Safety Monitor is imperative as it looks to scale in new states and cities in 2026.
- Cybercab start of production, targeted for April 2026. Tesla’s Cybercab is a purpose-built vehicle (no steering wheel or pedals, only two seats) that is expected to be produced through its state-of-the-art unboxed manufacturing process, offering further cost reductions and thus accelerating adoption over time.
Robotaxi stands to be one of Tesla’s most significant revenue contributors, especially as the company plans to continue expanding its ride-hailing service across the world in the coming years.
Its current deployment strategy is controlled and conservative to avoid any drastic and potentially program-ruining incidents.
So far, the program, which is active in Austin and the California Bay Area, has been widely successful.
Tesla stock closes at all-time high on heels of Robotaxi progress
Tesla needs to come through on this one Robotaxi metric, analyst says
