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Nikola unveils five new zero-emissions vehicles at Nikola World 2019 event

Nikola Motor unveils 5 new products at Nikola World 2019 event. | Credit: Dacia Ferris/Teslarati

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Nikola Motors unveiled its Nikola Two and Nikola Tre hydrogen-electric semi trucks along with three other new emissions-free transportation products at its Nikola World 2019 event. The company’s core mission is to rid the transportation industry of its reliance on diesel fuel, and their primary path to that future is via advanced hydrogen fuel cell technology.

Trevor Milton, CEO and founder of Nikola, kicked off the event by arriving onstage with the iconic Budweiser Clydesdales. Annheuser-Busch has ordered 800 trucks from Nikola as part of the iconic beer brewing company’s sustainability mission. “I cannot wait to see your truck pull a load of Budweiser,” Ingrid De Ryck, VP of Procurement and Sustainability for Annheuser exclaimed later in the evening’s presentation.

Nikola is arguably best known for its upcoming zero emission semi trucks; however, the Arizona-based startup has been simultaneously developing products for both the military and outdoor adventure crowd.

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The first new product unveiled at Nikola World 2019 was the Nikola Reckless, a military all-terrain vehicle designed for superior performance and stealth thanks to its minuscule sound and heat signature. High-end specs are an expected given for this type of tailored vehicle, of which the Reckless undoubtedly has, but an additional perk described in the company’s presentation was the ATV’s 13” Infotainment screen which can be completely submerged without being damaged. The Reckless is also modular to enable a broad-range of military applications. “We believe all military vehicles will transform to battery electric and hydrogen fuel cells in the future,” Andrew Christian, NP of Business Development and Defense at Nikola’s Powersports division stated during the presentation.

The second product unveiled at Nikola’s event extended the company’s coined hashtag ‘#emissionsgameover’ beyond land transporatation. The Nikola Water Adventure Vehicle (WAV) is an all-electric jet-ski styled personal watercraft featuring an innovative platform. In comparison to electric vehicle “skateboard” architectures, the Nikola WAV will have a “wakeboard” architecture from which other watercraft can be developed.

The Nikola WAV, all-electric watercraft. | Credit: Nikola
The Nikola Reckless military all-terrain vehicle. | Credit: Nikola

The final product presented before the main semi truck attractions took stage was a redesigned version of the Nikola NZT Off-Highway Vehicle (OHV). NZT stands for “Net Zero Toll”, meaning the vehicle leaves zero footprint wherever it’s used. The flagship Powersports vehicle is meant to change its entire relative industry towards an emissions-free, near noise-pollution-free-direction.

Finally, the Nikola Two and Europe-bound Nikola Tre Class 8 semi trucks were unveiled, all rolling out onto the stage and floor, respectively. Two Nikola Two big rigs were debuted – one red, one in “Storm Trooper” white. “This is 800V of real…I’ve been preparing for this moment my whole life,” Milton stated prior to the Nikola Two roll out. The trucks at the event were hydrogen electric versions. Once in production, however, battery-only electric versions of the two semis will also be available for purchase.

Nikola Motor CEO Trevor Milton has a candid moment before unveiling the Nikola Two at the Nikola World 2019 event. | Photo: Dacia Ferris/Teslarati
The Nikola Two hydrogen electric semi truck unveiled at the Nikola World 2019 event. | Photo: Dacia Ferris/Teslarati

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The second day of Nikola World 2019 will have breakout sessions providing more details on the products revealed along with a demo track where the Nikola Two will be on display. Test ride-alongs will also be given for the NZT on a closed course track.

Follow @Teslarati for more behind-the-scenes coverage of day two of Nikola World 2019.

Watch the full live streamed Nikola World 2019 event below:

https://www.youtube.com/watch?v=2Dc8J3iSLw4

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Accidental computer geek, fascinated by most history and the multiplanetary future on its way. Quite keen on the democratization of space. | It's pronounced day-sha, but I answer to almost any variation thereof.

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Tesla is overhauling its Full Self-Driving subscription for easier access

The subscription model is more accessible to many owners, as it is reasonably priced and offers the option to take a month off from using it if they are interested in saving money.

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Credit: Tesla

Tesla is overhauling its Full Self-Driving subscription and how it markets it to customers after several owners and fans of the company complained about the accessibility of the monthly access to its driver assistance suite.

Tesla Full Self-Driving is the automaker’s semi-autonomous driving suite, which is widely regarded as the most robust and capable on the market today. Owners can purchase the suite outright for $8,000, or they can subscribe to the program for $99 per month, an option it enabled a few years ago.

However, it is not super easy to subscribe to the subscription model, nor is it even recognized on the company’s Online Design Studio. Without some research or prior knowledge, a consumer might not even know they could pay monthly to experience Full Self-Driving.

That is set to change, according to Tesla’s AI/IT Infrastructure, Cybersecurity, IT Apps, and Vehicle Service head Raj Jegannathan, who said the company is planning to change that.

Instead of having customers only have the option to pay outright for the suite, Tesla is now planning to offer the subscription model in its Online Design Studio, making it easier to activate that option:

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It will be the second major change Tesla makes to how it sells Full Self-Driving to customers, the first being videos of real-life operation of FSD in the Design Studio. Previously, the site only showed animations of Full Self-Driving’s capabilities.

Tesla added the videos of FSD handling some tricky situations, as well as general operation of the suite, to the Design Studio in recent weeks.

Tesla makes big change to encourage Full Self-Driving purchases

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The subscription model is more accessible to many owners, as it is reasonably priced and offers the option to take a month off from using it if they are interested in saving money.

Many cannot justify paying for the suite outright, especially as it adds $8,000 to the cost of their car. After they experience its capabilities for themselves, they might.

Both moves appear to be an effort to increase the take rate of Full Self-Driving, particularly as autonomy takes center stage at Tesla.

With the rollout of Robotaxi and some teased capabilities of the upcoming v14 iteration of Full Self-Driving, Tesla is gearing up to continue advancing its self-driving technology.

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Tesla talks Semi ramp, Optimus, Robotaxi rollout, FSD with Wall Street firm

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Credit: Tesla

Tesla (NASDAQ: TSLA) recently talked about a variety of topics with Wall Street firm Piper Sandler, as the firm released a new note on Friday about their meeting with the company’s Investor Relations team.

According to the note from Piper Sandler, Tesla talked in detail about the Semi program, Optimus, and its potential valuation given its capabilities, the rollout of Robotaxi in Austin, and Full Self-Driving progress in the United States.

Tesla Semi Ramp

The Tesla Semi is set to enter mass production in 2026 at a dedicated factory near the company’s Gigafactory in Reno, Nevada.

The Semi has already been in pilot program testing, as Tesla has partnered with a few companies, like Frito-Lay and PepsiCo., to perform regional logistics. It has been met with excellent reviews from drivers, and it has helped give Tesla a good idea of what to expect when it makes its way to more companies in the coming years.

Piper Sandler said that it is evident Tesla is preparing for a “major ramp,” but it is keeping its expectations low:

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“We’ve never expected much from this product, but we’d love to be proven wrong (Tesla is clearly prepping for a major ramp).”

Tesla Optimus and its value internally and externally

Optimus has been working in Tesla factories for some time, but its expectations as a product offering outside of the company internally have major implications.

Its role within Tesla factories, for now, is relatively low, but Optimus is still doing things to assist. By this time next year, Piper Sandler said Optimus should have bigger responsibilities:

“By this time in 2026, Optimus should be moving/staging parts within Tesla’s facilities.”

Outside of Tesla, Optimus could be a major beneficiary for companies as it could be a more affordable way to handle tedious tasks and manual labor. The firm believes that if Optimus can work 18-hour shifts, a cost of $100,000 per unit “would be justified.”

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Tesla Robotaxi Expansion

The big focus of the firm with Robotaxi was Tesla’s expansion of the geofence in Austin this week. It was substantial, bringing the Robotaxi’s total service area to around 170 square miles, up from the roughly 90 square miles that rival Waymo is offering in the city.

Tesla Robotaxi geofence expansion enters Plaid Mode and includes a surprise

Tesla has doubled its geofence three times since its launch in late June, and it also revealed that its fleet of vehicles has expanded by 50 percent. It did not give a solid number of how many vehicles are operating in the fleet.

Tesla Full Self-Driving v14 launch

Tesla’s Full Self-Driving suite is set to have a fresh version, v14, rolled out in either September or October, and there are some pretty high expectations for it.

CEO Elon Musk said:

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“The FSD release in about 6 weeks will be a dramatic gain with a 10X higher parameter count and many other improvements. It’s going through training & testing now. Once we confirm real-world safety of FSD 14, which we think will be amazing, the car will nag you much less.”

There is also some expectation that v14 could be the public release of what Tesla is running in Austin for Robotaxi. The firm confirmed this in their note by stating it “should enable Tesla owners to use software that is on par with Robotaxis in Austin.”

The only real hold up would be regulator skepticism, but Tesla can alleviate this with strong data.

The firm maintained its ‘Overweight’ rating and the $400 price target it holds on the stock.

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Tesla starts Full Self-Driving rollout to owners in Australia

“To have this car drive me around Brisbane for an hour, we’re talking in the city, motorway, spaghetti bowl of on-ramps, it handled it so well. It was mind-blowing.”

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Credit: Tesla

Tesla has already started rolling out its Full Self-Driving suite to owners in Australia after officially launching the driver assistance suite in the country yesterday.

Earlier this week, Tesla seemed to be moving toward the launch of Full Self-Driving (Supervised) in Australia after numerous media members received early access to test its performance.

Tesla officially launched Full Self-Driving (Supervised) in Australia yesterday. The company told media members who got early access to the suite that the rollout would begin with Hardware 4-equipped Model 3 and Model Y vehicles.

Tesla launches Full Self-Driving in a new region

The release would be slow and gradual, with the process performed in stages.

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The first stage of the rollout has already begun in Australia:

Tesla is reminding drivers in Australia who are using the suite for the first time that they must not become complacent while FSD is in operation. It is not fully autonomous and still requires the driver to remain attentive to road conditions and the vehicle’s surroundings.

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Currently, the suite is only available to purchase outright, and it comes at a cost of $10,100. A subscription model is in the works, similar to the one in the United States, but Tesla has not yet announced its plans or pricing model for this.

Australia is the sixth country to receive Full Self-Driving (Supervised), or at least some version of it, as the United States, Canada, Mexico, China, and Puerto Rico all have access to the suite currently. In China, it is slightly different and is referred to as “City Autopilot” due to regulatory boundaries.

Early reviews of the suite have been very strong, as local media have also had the opportunity to try it, with one journalist saying, To have this car drive me around Brisbane for an hour, we’re talking in the city, motorway, spaghetti bowl of on-ramps, it handled it so well. It was mind-blowing.”

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