Tesla has revealed some new features on the new Model Y “Juniper” through an interview conducted at one of the company’s Northern California showrooms.
Nathan Di Giusto, Tesla Vehicle Engineering Head for the 3/Y platform, and Emmanuel Lamacchia, the Model Y’s Program Manager, sat down with owners club Tesla Owners Silicon Valley to breakdown some of the new features and design changes that the company decided to make on the new Model Y.
Tesla implemented design and efficiency changes on the Model Y to make it even better than it was previously. The past iteration was the best-selling vehicle of any kind on Earth at one point, so Tesla is truly looking to improve on what many felt was an already close-to-perfect vehicle.
During the interview, Di Giusto and Lamacchia revealed some really interesting changes the company made to improve the Model Y, as well as some other things that could bleed over into other vehicles, like new paint colors and efficiency strategies.
Design Changes
- Tesla removed its ‘T’ logo from the vehicle, which was always the intention. The Chinese market required the ‘T’ logo, but the U.S. vehicle was meant to be left blank.
- The new rear power seats utilize a gearbox that was designed internally by Tesla
- Tesla chose to reintroduce the turn signal stalk because of customer feedback. When the automaker axed the stalk with past vehicles, they felt there was an overwhelming amount of drivers who would rather have it than the buttons. The buttons are still available.
- New paint colors will be heading to the North American market soon. Other markets have seen new paint colors be rolled out, but Tesla is planning to bring them to the U.S., Canada, and Mexico soon.
Efficiency Focus
- One of the biggest changes Tesla made to improve efficiency was a focus on the braking system. Tesla realized it could reduce drag from brake calipers to increase range and efficiency
- The glass roof on the new Model Y is metallically coated with two layers of silver. This not only improves cabin noise levels but also improves the cabin’s ability to maintain the heat level with better thermal performance.
- Tesla had the opportunity to implement a larger battery for more range, but it felt as if this would take the vehicle out of affordability for most consumers.
- The company examined everything from interior lighting, even in the center console, to help improve efficiency in any way possible
- HVAC fans now have a lower-speed operation
- EPA range figures will show more than the 2.8 percent estimated range bump from past Model Y
More Comfort
- Smoother and quieter closing door latches and trunk lids
- Interior materials have been wrapped to continue combatting excess cabin noise, a common issue for electric vehicles
- This includes carpeted cupholders, trunk lids, and side trim, all of which deaden the noise in the cabin and make for a quieter ride
- Vehicle sensors can now detect humans in the vehicle, along with their heartbeats and breathing patterns.
- Laminated rear glass for cabin noise reduction
Tesla’s new Model Y is set to start deliveries in March and is currently only available in the “Launch Edition” trim, which starts at $59,990 before any incentives.
The full interview with members of the Model Y program is available below.
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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
