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Tesla Model 3 adopted by German taxi operator over mass savings in fuel and maintenance costs

(Photo: Hojabr Riahi/Bild)

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Tesla Model S taxis now roam the streets of Dusseldorf as local operator Taxi Norman added two electric vehicles to its fleet, with plans to add 50 Model 3 emission-free taxis in the next few weeks.

While the company spent 105,000 euros for each of the Model S taxis and 45,000 euros each for the Tesla Model 3 units, the German operator began the switch to a green fleet not only to be more environment-friendly but to boost profits as well. With the support of the local government, Taxi Norman will only spend around 35 euros ($38) to charge each Tesla taxi a month compared to 750 euros ($830) of fuel per month for each of its diesel units. Overall, it can save the company around 36,000 euros (around $39,000) when the fuel expenditure of internal combustion taxis is compared to the cost of charging the same number of electric vehicles.

Aside from saving on fuel expenses, Taxi Norman will also save its bank account from maintenance costs.  “The cars are also much easier to care for. An old car costs us 6,000 euros ($6,600) a year. The expenses are now gone. We also save on fuel costs through cheaper electricity, ” said Managing Director Erol Norman.

Likewise, customers welcome the development. “Anyway, my drivers are totally satisfied. Customers are so enthusiastic about the driving experience in the electric car that they give higher tips. One received a tip of ten euros for a trip that cost seven euros,”  Norman added.

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The investment in a greener taxi fleet is highly appreciated by the local government. Local Council member and Chairman of the Environment Committee Philipp Tacer promised to initiate taxi regulations that will further benefit the likes of Taxi Norman that invests in electric taxis. The local government plans to build taxi stops that will be exclusive for electric taxis

Taxi Norman operates a fleet of 150 vehicles in Dusseldorf and plans to complete the switch to electric taxis by 2023.

Looking at the overall picture, Germany has an ambitious goal of cutting its greenhouse gas emissions by 40 percent compared to the 1990 levels come 2020 and one of its core strategies is to increase the share of renewable energies in total energy consumption. One crucial step in this strategy is to raise its renewable energy use in the transport sector.

While Germany delayed its goal of having one million electric vehicles on the road by 2020, the government shows great support for those who want to purchase EVs. Under a new agreement between the government and the car industry, Germany increased the subsidies for cars costing around $44,500 to around $6,700 from around $4,500. Incentives for pricier electric cars were also increased by 25%, however, EVs over 60,000 euros are not supported by the said program.

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In the EU, the country is one of the frontrunners in the production of electric vehicles per capita. One can only expect a good boost in this aspect when Tesla begins the production of electric vehicles in its upcoming Gigafactory 4 in Brandenburg. The electric car manufacturer is just awaiting the last hurdles before clearing activities on the approved site begin.

A curious soul who keeps wondering how Elon Musk, Tesla, electric cars, and clean energy technologies will shape the future, or do we really need to escape to Mars.

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Tesla rolls out xAI’s Grok to vehicles across Europe

The initial rollout includes the United Kingdom, Ireland, Germany, Switzerland, Austria, Italy, France, Portugal, and Spain.

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Tesla is rolling out Grok to vehicles in Europe. The feature will initially launch in nine European territories.

In a post on X, the official Tesla Europe, Middle East & Africa account confirmed that Grok is coming to Teslas in Europe. The initial rollout includes the United Kingdom, Ireland, Germany, Switzerland, Austria, Italy, France, Portugal, and Spain, and additional markets are expected to be added later.

Grok allows drivers to ask questions using real-time information and interact hands-free while driving. According to Tesla’s support documentation, Grok can also initiate navigation commands, enabling users to search for destinations, discover points of interest, and adjust routes without touching the touchscreen, as per the feature’s official webpage.

The system offers selectable personalities, ranging from “Storyteller” to “Unhinged,” and is activated either through the App Launcher or by pressing and holding the steering wheel’s microphone button.

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Grok is currently available only on Model S, Model 3, Model X, Model Y, and Cybertruck vehicles equipped with an AMD infotainment processor. Vehicles must be running software version 2025.26 or later, with navigation command support requiring version 2025.44.25 or newer.

Drivers must also have Premium Connectivity or a stable Wi-Fi connection to use the feature. Tesla notes that Grok does not currently replace standard voice commands for vehicle controls such as climate or media adjustments.

The company has stated that Grok interactions are processed securely by xAI and are not linked to individual drivers or vehicles. Users do not need a Grok account or subscription to enable the feature at this time as well.

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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.

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.

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

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.

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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