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Tesla Model S Racing Willow Springs Track Day [Video]

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Tesla Model S on the Track

Nothing puts a bigger smile on my face than seeing an all electric Tesla Model S silently crush its competition at minute marker 2:19 (Mustang) and 2:50 (Porsche).

This Tesla Model S, owned and driven by Abraham Shrem, competes at an open track day at the famed Willow Springs International Raceway.

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Tesla stock gets another analysis from Jim Cramer, and investors will like it

“Tesla is morphing right now. It’s in transition from being a car company to being a technology company.”

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Credit: CNBC Television/YouTube

Tesla stock (NASDAQ: TSLA) got its latest analysis from Jim Cramer, and investors will like what he has to say.

Cramer has flip-flopped his thoughts on Tesla shares many times over the years. One time, he said CEO Elon Musk was a genius; the next, he said Ford stock was a better play. He’s always changing his tune.

However, Cramer’s most recent analysis is of a bullish tone, as he talks about the company’s evolution from an automaker to a tech powerhouse. He made the comments on CNBC’s Mad Money:

“Tesla is morphing right now. It’s in transition from being a car company to being a technology company. You wanna be in there because the tech is worth a lot more than what it’s selling for right now. Don’t care where you bought it, care where it’s going to.”

Tesla has always been looked at by the mainstream media as an automaker. While that is its main business currently, Tesla has always had other divisions: Energy, Solar, Charging, AI, and Robotics. Some came after others, but the important point is that Tesla has not been an automaker exclusively for a decade.

It launched Powerwall and Powerpack in April 2015, marking the start of Tesla Energy.

But Cramer has a point here: Tesla is truly becoming much more than a car company, and it is turning into an AI and overall tech company more than ever before. Eventually, it will be recognized as such, more so than it will be as an automotive company.

Cramer’s comments also follow a recent prediction by Musk, who stated on X that he believes a $150,000 investment in Tesla shares right now would eventually turn someone into a millionaire:

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Musk has said he believes Tesla could be headed to a serious increase in valuation. Eventually, it could become the most valuable company in the world. He said this during the Q2 Earnings Call:

“I do think if Tesla continues to execute well with vehicle autonomy and humanoid robot autonomy, it will be the most valuable company in the world. A lot of execution between here and there. It doesn’t just happen. Provided we execute very well, I think Tesla has a shot at being the most valuable company in the world. Obviously, I am extremely optimistic about the future of the company.”

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Watch the first true Tesla Robotaxi intervention by safety monitor

Watch the first Tesla Robotaxi intervention by a safety monitor.

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Credit: Dave Lee

Nearly 60 hours into the launch of the Tesla Robotaxi platform, it appears we have our first true intervention that required the in-car safety monitor to intervene.

We’ve seen and heard about a handful of minor issues with the Robotaxi fleet thus far, one of which included a risky, but very human-like behavior of navigating across yellow lines to a turn lane after missing a turn.

While that is not necessarily a legal maneuver, it is something that you’d see commonly from human drivers, and although aggressive, it is sometimes reasonable to perform depending on traffic conditions.

For what it’s worth, the car seemed very confused by the situation, and while the safety monitor did not get involved and the car handled the situation with no real issue, it is something as a rider you’d like to see less of.

First Look at Tesla’s Robotaxi App: features, design, and more

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As previously stated, that specific example did not require any intervention by a safety monitor. On Tuesday, we saw a video of the first true intervention that required the safety monitor who sits in the passenger seat to intervene by pressing a button on the center touchscreen.

During a ride that Tesla investor and YouTuber Dave Lee was taking in Austin in a Robotaxi, the vehicle seemed to get a little confused by a UPS truck that was parallel parking in front of it. The monitor pressed the “Stop in Lane” button on the touchscreen:

This appears to be one of the first errors shared by Tesla Robotaxi Early Access Program users that required the monitor to actually intervene. We have not seen any of it yet. You could also see the UPS truck is also a bit at fault here, as the space it pulled into did not seem even remotely large enough to fit the entire vehicle.

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The car may not have anticipated that the truck would park there. You can see how the UPS truck was parked below, and it seems reasonable that the Tesla might not have thought it would attempt to fit there:

Credit: Dave Lee

The Model Y’s steering wheel was also turning sharply right into this spot, it appears. Dave ended his ride here, and stated that this was his dropoff spot. The UPS truck might have just cut off the Tesla, which led to the intervention.

It is a testament to Tesla’s strategy with this Robotaxi rollout. The company is obviously confident enough in the Full Self-Driving suite that it does not feel a human needs to be in the driver’s seat. However, it is still requiring someone, as of now, to sit in the passenger’s seat for instances just like this one.

Safety is the company’s priority with the launch of Robotaxi, and CEO Elon Musk has reiterated that. It is expected that we’d eventually see some kind of intervention that requires a monitor to step in. Everyone was safe.

Obviously, these things happen with autonomous vehicles. We’ve seen Waymos get stuck at intersections in very strange scenarios at times:

It is proof that autonomous tech is still in a growth phase and engineers are still learning about its capabilities. Tesla and other companies will learn from these rare cases and become better companies, and offer safer technologies because of it.

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Elon Musk just revealed more about Tesla’s June Robotaxi launch

Tesla CEO Elon Musk gave more information about the Robotaxi launch in Austin set for June.

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Steve Jurvetson, CC BY 2.0 , via Wikimedia Commons

Tesla CEO Elon Musk just revealed more details about the company’s June Robotaxi launch, which will kick off in Austin.

As of right now, Tesla is still set to push out the first Robotaxi rides in Austin, Texas, in early June. These vehicles will be in short supply at first, as Musk says the company is purposely rolling out the fleet in a slow and controlled fashion to prioritize safety. There will be ten vehicles in the Robotaxi fleet to start.

Tesla Robotaxi deemed a total failure by media — even though it hasn’t been released

However, in an interview with CNBC on Tuesday afternoon, Musk also revealed some other new details, including where in Austin the vehicles will be able to go, how many Robotaxis we could see on public roads within a few months, and other information regarding Tesla’s Full Self-Driving suite.

A Controlled Rollout

Tesla has maintained for a few months now that the Robotaxi fleet will be comprised of between 10 and 20 Model Y vehicles in Austin.

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The Cybercab, which was unveiled by the company last October, will not be available initially, as those cars will likely be produced in 2026.

Musk said during the CNBC interview that Tesla is doing a low-yield trial at first to initiate a safety-first mentality. It is important for Tesla to launch the Robotaxi fleet in a small manner to keep things in check, at least at first.

As confidence builds and the accuracy of the fleet is ensured, more vehicles will be added to the fleet.

Musk believes there will be 1,000 Robotaxis on the road “in a few months.”

Geofenced to Certain Austin Areas

Tesla will be launching the Robotaxi program in a geofenced fashion that gives the company the ability to control where it goes. Musk says that the areas the Robotaxis will be able to travel to are among the safest neighborhoods and areas in Austin.

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This is yet another safety protocol that will ensure the initial riders are not put in dangerous neighborhoods.

Some might be disappointed to hear this because of Tesla’s spoken confidence regarding Robotaxi, but the initial rollout does need to be controlled for safety reasons. An accident or incident of any kind that would put riders’ lives in danger would be catastrophic.

No Driver, No Problem

As the company has rolled out an employee-only version of the Robotaxi program in Austin and the San Francisco Bay Area, some wondered whether the rides would be driverless, as these initial trials for Tesla workers were not. Employee rides featured a human in the driver’s seat to ensure safety.

Tesla says it has launched ride-hailing Robotaxi teaser to employees only

The company did not report whether there were any interventions or not, but it did state that the vehicles traveled over 15,000 miles through 1,500 trips.

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Musk confirmed during the interview that there will be no driver in the vehicle when the Robotaxi program launches in June. This will be groundbreaking as it will be the first time that Tesla vehicles will operate on public roads without anyone in the driver’s seat.

Full Self-Driving Licensing

For more than a year, Tesla has indicated that it is in talks with another major automaker regarding the licensing of Full Self-Driving. Many speculated that the company was Ford, but neither it nor Tesla confirmed this.

Musk said today that Tesla has been in touch with “a number of automakers” that have inquired about licensing FSD. Tesla has yet to sign any deal to do so.

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