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Tesla job openings point to design development of future cars – Model Y?

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Tesla Model Y Compact SUV rendering [Credit: RM Car Design]

It’s been nearly a half year since Tesla CEO Elon Musk confirmed during a quarterly earnings call that the next vehicle after the Model 3 will be the company’s Model Y compact SUV. One might recall that Tesla previously revealed its plan to broaden consumer reach beyond the premium sedan and SUV segment by producing a compact SUV “; thus, completing its S-E-X-Y line up.

Being the natural successor and “the obvious priority after the Model 3″, said Musk during a Q&A call with analysts earlier in the year, Model Y will be built on top of the Model 3 platform and see projected demand of 500k to 1 million vehicles per year.

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Tesla has also announced its plan to venture into the mid-duty and heavy-duty truck segment by producing a Tesla pickup truck, Tesla Semi and a ‘Minibus’ based off of the Model X chassis. While Musk isn’t known for being timely and his plans, more often than not, seem lofty, one area he’s consistent on is being able to execute on these visions. And we now have a first glimpse on some of these visions coming to fruition.

All roads lead to “future Tesla vehicles”

Taking a look at recent job postings listed on Tesla’s Careers page, we can see several positions being opened at the company’s Hawthorne-based Design Studio – home base to chief designer Franz von Holzhausen and designers responsible for the creation of the Model S, Model X and Model 3.

Though the job descriptions are relatively vague and do not necessarily call out a specific model, one commonality between the roles is a reference to “design development of future Tesla vehicles”.

One can argue that this might be in reference to Model 3, however given the fact that it’s been in pencils down mode since June and the company’s actively shoring up relationships with suppliers, we can’t imagine why Tesla would just now be designing the exterior and interior of the vehicle.

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Sr. Exterior Designer

As a Senior Exterior Designer at Tesla, you will be responsible for the exterior design development of future Tesla vehicles. You will be part of the team that creates and executes world-class exteriors in terms of form, function and luxury. 

Using your considerable production design experience and innovative thinking, you will primarily be tasked with creating designs for future cars, but may also be called upon for other design tasks (interior, product, etc.) based on your skillset.

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Sr. Interior Designer

As a Senior Interior Designer at Tesla, you will be responsible for the interior design development of future Tesla vehicles. You will be part of the team that creates and executes world-class interiors in terms of form, function and luxury. 

Using your considerable production design experience and innovative thinking, you will primarily be tasked with creating designs for future cars, but may also be called upon for other design tasks (exterior, product, etc) based on your skillset.

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Sr. Human Factors & Ergonomics Engineer

The successful candidate will have a proven track record of excellence and a thorough working knowledge of occupant packaging, human factors, ergonomics, and engineering design. Key objectives will be to achieve high spatial efficiency and excellent ergonomics whilst meeting all relevant legislative requirements. He/she will be a natural problem solver, intuitive 3D thinker, competent Catia V5 user, and capable of taking responsibility for the complete occupant package and ergonomic performance of future production vehicles.

sr__human_factors___ergonomics_engineer___job

 

I'm friendly. You can email me. gene@teslarati.com

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Tesla ends Full Self-Driving purchase option in the U.S.

In January, Musk announced that Tesla would remove the ability to purchase the suite outright for $8,000. This would give the vehicle Full Self-Driving for its entire lifespan, but Tesla intended to move away from it, for several reasons, one being that a tranche in the CEO’s pay package requires 10 million active subscriptions of FSD.

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Credit: Tesla

Tesla has officially ended the option to purchase the Full Self-Driving suite outright, a move that was announced for the United States market in January by CEO Elon Musk.

The driver assistance suite is now exclusively available in the U.S. as a subscription, which is currently priced at $99 per month.

Tesla moved away from the outright purchase option in an effort to move more people to the subscription program, but there are concerns over its current price and the potential for it to rise.

In January, Musk announced that Tesla would remove the ability to purchase the suite outright for $8,000. This would give the vehicle Full Self-Driving for its entire lifespan, but Tesla intended to move away from it, for several reasons, one being that a tranche in the CEO’s pay package requires 10 million active subscriptions of FSD.

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Although Tesla moved back the deadline in other countries, it has now taken effect in the U.S. on Sunday morning. Tesla updated its website to reflect this:

There are still some concerns regarding its price, as $99 per month is not where many consumers are hoping to see the subscription price stay.

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Musk has said that as capabilities improve, the price will go up, but it seems unlikely that 10 million drivers will want to pay an extra $100 every month for the capability, even if it is extremely useful.

Instead, many owners and fans of the company are calling for Tesla to offer a different type of pricing platform. This includes a tiered-system that would let owners pick and choose the features they would want for varying prices, or even a daily, weekly, monthly, and annual pricing option, which would incentivize longer-term purchasing.

Although Musk and other Tesla are aware of FSD’s capabilities and state is is worth much more than its current price, there could be some merit in the idea of offering a price for Supervised FSD and another price for Unsupervised FSD when it becomes available.

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Musk bankers looking to trim xAI debt after SpaceX merger: report

xAI has built up $18 billion in debt over the past few years, with some of this being attributed to the purchase of social media platform Twitter (now X) and the creation of the AI development company. A new financing deal would help trim some of the financial burden that is currently present ahead of the plan to take SpaceX public sometime this year.

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Credit: SpaceX

Elon Musk’s bankers are looking to trim the debt that xAI has taken on over the past few years, following the company’s merger with SpaceX, a new report from Bloomberg says.

xAI has built up $18 billion in debt over the past few years, with some of this being attributed to the purchase of social media platform Twitter (now X) and the creation of the AI development company. Bankers are trying to create some kind of financing plan that would trim “some of the heavy interest costs” that come with the debt.

The financing deal would help trim some of the financial burden that is currently present ahead of the plan to take SpaceX public sometime this year. Musk has essentially confirmed that SpaceX would be heading toward an IPO last month.

SpaceX IPO is coming, CEO Elon Musk confirms

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The report indicates that Morgan Stanley is expected to take the leading role in any financing plan, citing people familiar with the matter. Morgan Stanley, along with Goldman Sachs, Bank of America, and JPMorgan Chase & Co., are all expected to be in the lineup of banks leading SpaceX’s potential IPO.

Since Musk acquired X, he has also had what Bloomberg says is a “mixed track record with debt markets.” Since purchasing X a few years ago with a $12.5 billion financing package, X pays “tens of millions in interest payments every month.”

That debt is held by Bank of America, Barclays, Mitsubishi, UFJ Financial, BNP Paribas SA, Mizuho, and Société Générale SA.

X merged with xAI last March, which brought the valuation to $45 billion, including the debt.

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SpaceX announced the merger with xAI earlier this month, a major move in Musk’s plan to alleviate Earth of necessary data centers and replace them with orbital options that will be lower cost:

“In the long term, space-based AI is obviously the only way to scale. To harness even a millionth of our Sun’s energy would require over a million times more energy than our civilization currently uses! The only logical solution, therefore, is to transport these resource-intensive efforts to a location with vast power and space. I mean, space is called “space” for a reason.”

The merger has many advantages, but one of the most crucial is that it positions the now-merged companies to fund broader goals, fueled by revenue from the Starlink expansion, potential IPO, and AI-driven applications that could accelerate the development of lunar bases.

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Tesla pushes Full Self-Driving outright purchasing option back in one market

Tesla announced last month that it would eliminate the ability to purchase the Full Self-Driving software outright, instead opting for a subscription-only program, which will require users to pay monthly.

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Credit: Tesla

Tesla has pushed the opportunity to purchase the Full Self-Driving suite outright in one market: Australia.

The date remains February 14 in North America, but Tesla has pushed the date back to March 31, 2026, in Australia.

Tesla announced last month that it would eliminate the ability to purchase the Full Self-Driving software outright, instead opting for a subscription-only program, which will require users to pay monthly.

If you have already purchased the suite outright, you will not be required to subscribe once again, but once the outright purchase option is gone, drivers will be required to pay the monthly fee.

The reason for the adjustment is likely due to the short period of time the Full Self-Driving suite has been available in the country. In North America, it has been available for years.

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Tesla hits major milestone with Full Self-Driving subscriptions

However, Tesla just launched it just last year in Australia.

Full Self-Driving is currently available in seven countries: the United States, Canada, China, Mexico, Australia, New Zealand, and South Korea.

The company has worked extensively for the past few years to launch the suite in Europe. It has not made it quite yet, but Tesla hopes to get it launched by the end of this year.

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In North America, Tesla is only giving customers one more day to buy the suite outright before they will be committed to the subscription-based option for good.

The price is expected to go up as the capabilities improve, but there are no indications as to when Tesla will be doing that, nor what type of offering it plans to roll out for owners.

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