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Tesla’s inexperienced off-road test drivers are doing a disservice to the Cybertruck (Op-ed)
Elon Musk has noted that the Cybertruck has the potential to become Tesla’s magnum opus. The Cybertruck is designed to dominate on the pavement and off-road. With this in mind, the electric vehicle maker should probably deploy test drivers who are very experienced in rough terrain. Otherwise, Tesla runs the risk of giving the Cybertruck a stigma — one which suggests that the vehicle is inadequate when it comes to “real truck” things.
It is no secret that Tesla already gets a lot of negative attention, and this is particularly true for the Cybertruck. The truck’s appearance alone is enough to warrant anger from critics, so any videos featuring the all-electric pickup truck failing in doing “truck things” will undoubtedly be amplified. This could be seen in social media’s reactions to the Cybertruck’s previous outing at Hollister Hills in California.
The Hollister Hills “Steps” Run
Videos of the Cybertruck back then featured the all-electric pickup truck seemingly struggling up Hollister Hills’ “steps.” Such reactions were amplified further when videos of the Rivian R1T and the Ford F-150 Lightning were shared online, showing both electric pickup trucks taking on the Hollister Hills “steps” without as much difficulty as the Cybertruck.
pic.twitter.com/iFwnC98lYw— ⭕️ CyberMike ⭕️ (@CyberMikeOG) November 15, 2023
Cake walk! Tried to copy what the Cybertruck did https://t.co/t9gkJKfBXw pic.twitter.com/pBDnFw7kcw— omg_Tesla/Rivian (@omg_tesla) November 12, 2023
At the time, Tesla watchers noted that the Cybertruck’s difficulties in the “steps” seemed to be due to the capabilities of its driver, who did not seem very experienced in off-road settings. The Rivian R1T and Ford F-150 Lightning’s drivers, on the other hand, seemed more familiar with such scenarios. The Cybertruck ultimately received quite a bit of flak from critics for being the “worst” among the three electric pickup trucks that took on the Hollister Hills “steps.”
Cybertruck’s Embarrassing Snowy Mishap
More recently, an even more embarrassing video of the Cybertruck has started making the rounds online. This time around, the Cybertruck could be seen getting stuck on a snowy incline. The all-electric pickup truck, which seemed to be carrying a tree on its bed, was evidently stuck, as the driver could be seen pressing on the throttle to no avail. The Cybertruck was ultimately towed out of the incline by a Ford pickup truck.
This is an example of someone without off-roading experience. There is no reason the Cybertruck couldn’t get up that small incline except for an inexperienced driver or this was done purposely to attempt to make the Cybertruck look bad. pic.twitter.com/DuJP6HE7Kd— Miss Jillybean (@MissJilianne) December 12, 2023
yikes https://t.co/bYVNeip2PB— JerryRigEverything (@ZacksJerryRig) December 12, 2023
Longtime electric vehicle owners, especially those who have experience off-roading, have noted on social media that the Cybertruck’s driver could have done a number of things that could have helped prevent the vehicle getting stuck. The all-electric pickup’s tires were evidently not fit for the terrain, and the driver’s actions with the Cybertruck’s throttle gave the impression that there was a lack of off-road experience at play. Some EV watchers even noted that the Cybertruck’s lousy performance on the snowy incline was so bad that it would not have been surprising if the vehicle was being intentionally sabotaged.
Fostering a Negative Narrative
What’s quite unfortunate is that the group that pulled out the Cybertruck actually provided some context about the incident, noting that the vehicle also had a software issue that caused its rear brakes to not act like “lockers.” The Cybertruck in the video was also a release candidate, so it had no recovery or pickup points. These comments from the group that pulled out the Cybertruck provided a good explanation behind the incident, but they did little to shift the narrative. As far as social media was concerned, the Cybertruck had another epic fail off-road, and that was it.
More info on the Cybertruck stuck on a snowy hill: lockers did work, recovery points missing, and wrong tires.
CT wasn’t their only recovery that day ? pic.twitter.com/cmNa4w0hYD— The Cybertruck Guy (@cybrtrkguy) December 12, 2023
When Tesla started deliveries of the Cybertruck, CEO Elon Musk made it a point to highlight how the all-electric pickup truck is a durable and tough vehicle that could survive whatever the world could throw at it. Unfortunately, the Cybertruck has so far not shocked skeptics with its off-road prowess yet. Instead, the evident lack of off-roading experience of its test drivers is simply giving more ammo to those who only wish to see the Cybertruck fail. Hopefully, Tesla could address such issues soon, especially considering the number of EV community members who are both well-experienced in off-road settings and more than willing to help out the EV maker test out the vehicle.
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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
