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The Tesla Model Y is sized just right, and this will help it stand tall against rivals

Tesla Model Y spotted in downtown Mountain View CA (Source: u/gamerlike via Reddit)

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Tesla’s much-awaited Model Y has piqued the curiosity of green car aficionados but it has always been described as the chunkier sibling of the Model 3 sedan or the smaller next of kin of the Model X SUV. Recently, another prototype of the electric crossover was spotted in California and while it was covered, someone measured the height of the Model Y. It’s 65 inches tall, placing it right in the middle of its rivals in the premium crossover segment.

Redditor u/gamerlike took the initiative to inform Tesla fans asking about the dimensions of the Tesla Model Y he saw in Mountain View. If his measurements are accurate, the Model Y will just be an inch shorter than the Model X, which stands 66 inches. Meanwhile, the Model 3 electric sedan’s height is pegged at 56.8 inches.

Recently, there have been more and more sightings of Tesla Model Y release candidates across the United States. A white Model Y Performance variant sporting a seemingly production-ready exterior was seen in San Luis Obispo, CA. There was also a black Model Y with red brake calipers that was spotted cruising along the I-5 in Washington State.

As the market awaits the Tesla Model Y release date, one cannot help but be more excited and compare the all-electric crossover to its possible competitors.

The Tesla Model Y electric crossover will be offered in three variants. The Rear-Wheel Drive Long Range version will sell for $48,000 while a Dual Motor All-Wheel Drive Long Range will go for $52,000. The Performance version, meanwhile, will set customers back by $61,000. The electric carmaker has moved the production up from Fall 2020 to Summer 2020, or if speculations from the community are any indication, maybe even sooner.

Tesla positions the Model Y luxury crossover against other premium vehicles in its class such as the BMW X3, Audi Q5, or the Jaguar I-PACE. Likewise, it can be compared to more affordable competitors in the segment such as the Honda CR-V and Toyota RAV4.

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Tesla Model Y’s competitors are almost the same height. For example, the BMW X3 is 66 inches high while the Audi Q5 is 65 inches and the Jaguar I-PACE is a bit shorter at 61 inches. Meanwhile, the more affordable Honda CR-V stands at 66-67 inches and the RAV4 is a bit taller at 67-68 inches.

Tesla Model Y Performance spotted in Washington State (Source: Daily Night Society | YouTube)

Price-wise, the Model Y is comparable to its premium rivals as well. The X3 will go for almost $42,000, the Audi Q5 will sell for around $43,000, and the Jaguar I-PACE will be at the higher end of the spectrum at almost $70,000. The Honda CR-V, meanwhile, will set back customers by $25,000 and the RAV4 will sell for around $26,000.

If the height of the vehicle will be a basis, we can fairly say that the Model Y will be comfortable with ample headroom and enough legroom just like other vehicles in its class. However, the Model Y might have an X-factor — it has a seven-seat option. The X3, Q5, I-PACE, and the more affordable CR-V and RAV4 do not.

The EV world is awaiting a glimpse of the Model Y interior and a test drive to determine if the Model Y’s extra seats at the back really work. Nevertheless, the presence of more seats can convince some customers that it’s the vehicle that fits their needs. Ask every mom or dad who has to deal with World War III when traveling with kids who are sharing the passenger seats. Extra seats mean world peace.

As of October 2019, crossovers consist 40.4% of light vehicle sales in the US followed by pickup trucks (17.6%)  and small cars (11.6%) based on data compiled by Statista. The market has been shifting from sedans to compact SUVs for their good dose of comparable fuel efficiency with mid-sized cars and their higher seating positions.

One must take note that according to Tesla CEO Elon Musk, the Model Y will be sharing around 75% of the parts used for the Model 3. Expected demand for the Model Y is around 50 to 100% higher than the annual demand for the Model 3 as well. With the Model Y sharing the DNA of the Model 3, this might mean a more efficient production ramp.

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Earlier this year, Forbes analyzed the potential of the Model Y for Tesla. Aside from the high demand stateside, one can only imagine how the Chinese and European markets would react to the electric crossover. In China, the Model 3 has created a loud buzz in the market, and it will likely serve as a catalyst to the country’s slumping automotive industry.

In Europe, the Gigafactory 4 in Brandenburg will play a crucial role in bringing Teslas to the region. Forbes predicts that Tesla will be able to deliver about 250,000 units of Model Y by 2022. According to the same analysis, the Model Y has the potential to bring in revenues amounting to $12 billion in the next 3 years.

While critics say the Tesla Model Y is just the chunkier version of the Model 3, it is clear that it has a ton of potential. It’s not a Cybertruck or a Roadster but it presents a good balance between form and function that really matters to car buyers, electric or otherwise.

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 expands Robotaxi app access once again, this time on a global scale

Tesla said recently it plans to launch Robotaxi in Miami, Houston, Las Vegas, Phoenix, and Dallas.

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Credit: Grok

Tesla has expanded Robotaxi app access once again, but this time, it’s on a much broader scale as the company is offering the opportunity for those outside of North America to download the app.

Tesla Robotaxi is the company’s early-stage ride-hailing platform that is active in Texas, California, and Arizona, with more expansion within the United States planned for the near future.

Tesla said recently it plans to launch Robotaxi in Miami, Houston, Las Vegas, Phoenix, and Dallas.

The platform has massive potential, and Tesla is leaning on it to be a major contributor to even more disruption in the passenger transportation industry. So far, it has driven over 550,000 miles in total, with the vast majority of this coming from the Bay Area and Austin.

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

However, Tesla is focusing primarily on rapid expansion, but most of this is reliant on the company’s ability to gain regulatory permission to operate the platform in various regions. The expansion plans go well outside of the U.S., as the company expanded the ability to download the app to more regions this past weekend.

So far, these are the areas it is available to download in:

  • Japan
  • Thailand
  • Hong Kong
  • South Korea
  • Australia
  • Taiwan
  • Macau
  • New Zealand
  • Mexico
  • U.S.
  • Canada

Right now, while Tesla is focusing primarily on expansion, it is also working on other goals that have to do with making it more widely available to customers who want to grab a ride from a driverless vehicle.

One of the biggest goals it has is to eliminate safety monitors from its vehicles, which it currently utilizes in Austin in the passenger’s seat and in the driver’s seat in the Bay Area.

A few weeks ago, Tesla started implementing a new in-cabin data-sharing system, which will help support teams assist riders without anyone in the front of the car.

Tesla takes a step towards removal of Robotaxi service’s safety drivers

As Robotaxi expands into more regions, Tesla stands to gain tremendously through the deployment of the Full Self-Driving suite for personal cars, as well as driverless Robotaxis for those who are just hailing rides.

Things have gone well for Tesla in the early stages of the Robotaxi program, but expansion will truly be the test of how things operate going forward. Navigating local traffic laws and gaining approval from a regulatory standpoint will be the biggest hurdle to jump.

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Investor's Corner

Tesla gets price target boost, but it’s not all sunshine and rainbows

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Credit: Tesla Europe & Middle East/X

Tesla received a price target boost from Morgan Stanley, according to a new note on Monday morning, but there is some considerable caution also being communicated over the next year or so.

Morgan Stanley analyst Andrew Percoco took over Tesla coverage for the firm from longtime bull Adam Jonas, who appears to be focusing on embodied AI stocks and no longer automotive.

Percoco took over and immediately adjusted the price target for Tesla from $410 to $425, and changed its rating on shares from ‘Overweight’ to ‘Equal Weight.’

Percoco said he believes Tesla is the leading company in terms of electric vehicles, manufacturing, renewable energy, and real-world AI, so it deserves a premium valuation. However, he admits the high expectations for the company could provide for a “choppy trading environment” for the next year.

He wrote:

“However, high expectations on the latter have brought the stock closer to fair valuation. While it is well understood that Tesla is more than an auto manufacturer, we expect a choppy trading environment for the TSLA shares over the next 12 months, as we see downside to estimates, while the catalysts for its non-auto businesses appear priced at current levels.”

Percoco also added that if market cap hurdles are achieved, Morgan Stanley would reduce its price target by 7 percent.

Perhaps the biggest change with Percoco taking over the analysis for Jonas is how he will determine the value of each individual project. For example, he believes Optimus is worth about $60 per share of equity value.

He went on to describe the potential value of Full Self-Driving, highlighting its importance to the Tesla valuation:

“Full Self Driving (FSD) is the crown jewel of Tesla’s auto business; we believe that its leading-edge personal autonomous driving offering is a real game changer, and will remain a significant competitive advantage over its EV and non-EV peers. As Tesla continues to improve its platform with increased levels of autonomy (i.e., hands-off, eyes-off), it will revolutionize the personal driving experience. It remains to be seen if others will be able to keep pace.”

Additionally, Percoco outlined both bear and bull cases for the stock. He believes $860 per share, “which could be in play in the next 12 months if Tesla manages through the EV-downturn,” while also scaling Robotaxi, executing on unsupervised FSD, and scaling Optimus, is in play for the bull case.

Will Tesla thrive without the EV tax credit? Five reasons why they might

Meanwhile, the bear case is placed at $145 per share, and “assumes greater competition and margin pressure across all business lines, embedding zero value for humanoids, slowing the growth curve for Tesla’s robotaxi fleet to reflect regulatory challenges in scaling a vision-only perception stack, and lowering market share and margin profile for the autos and energy businesses.”

Currently, Tesla shares are trading at around $441.

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Tesla Optimus dramatically collapses after teleoperator mishap

It seemed blatantly obvious that whoever was controlling the Optimus robot from behind the scenes did not disconnect their ability to manipulate its movements

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Credit: @xdNiBoR | X

Tesla Optimus dramatically collapsed after a teleoperator mishap at the company’s “Future of Autonomy Visualized” event in Miami this past weekend.

It seemed blatantly obvious that whoever was controlling the Optimus robot from behind the scenes did not disconnect their ability to manipulate its movements, then left the controls, causing Optimus to collapse.

A video captured at the event shows Optimus doing a movement similar to taking a headset off, likely what the teleoperator uses to hear guest requests and communicate with other staff:

After the headset removal motion was completed, Optimus simply collapsed backward, making for an interesting bit of conversation. While it was a mishap, it was actually pretty funny to watch because of the drama displayed by the robot in the situation.

This was obviously a mistake made by the teleoperator, and does not appear to be a spot where we can put any sort of blame on Optimus. It would have likely just stood there and waited for controls to resume if the teleoperator had disconnected from the robot correctly.

However, details are pretty slim, and Tesla has not announced anything explaining the situation, likely because it seems to be a pretty face-value event.

Tesla Optimus shows off its newest capability as progress accelerates

The Tesla Optimus program has been among the most hyped projects that the company has been working on, as CEO Elon Musk has extremely high hopes for what it could do for people on Earth. He has said on several occasions that Optimus should be the most popular product of all time, considering its capabilities.

Obviously, the project is still a work in progress, and growing pains are going to be part of the development of Optimus.

In its development of Optimus Gen 3, Tesla has been working on refining the forearm, hand, and fingers of Optimus, something that Musk said is extremely difficult. However, it’s a necessary step, especially if its capabilities will not be limited by hardware.

All in all, Optimus has still been a very successful project for Tesla, especially in the early stages. The company has done an excellent job of keeping Optimus busy, as it helps with serving customers at events and the Tesla Diner, and is also performing tasks across the company’s manufacturing plants.

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