Connect with us
herbert diess with volkswagen id.3 herbert diess with volkswagen id.3

News

Volkswagen wants to avoid another Herbert Diess situation at any cost

(Credit: Daniel Aharonoff/Twitter)

Published

on

Volkswagen is planning to do anything it can to avoid another Herbert Diess situation. The company is taking drastic steps to avoid what it considers internal to be a turbulent past few years. As Diess pushed for the German automaker to prioritize electrification efforts, its most powerful figures are attempting to take back control at all costs to invoke a drastic change at a company that has been recognized by Tesla CEO Elon Musk as the second-best EV manufacturer globally.

Diess, who spearheaded VW’s push toward a lineup of fully-electric cars, did not win over many people during his tenure as the AG’s CEO and Chairman of the Board. His intense focus on keeping VW relevant by keeping up with EV industry leaders led to the release of several competitive electric models. The efforts helped boost the company to be seriously considered as one of the true disruptors of the automotive sector as we currently know it. Volkswagen, in reality, was the first long-standing automaker to make a firm commitment to EVs.

Ultimately, the move has paid off. Volkswagen has the second-best sales record in 2022 in the European Union, according to EU-EVs.com, only trailing Tesla. Its ID.4 has recently started rolling off of production lines in the United States, and it has several highly-attractive and heavily anticipated models already in production and even more on the way.

However, Diess’s abrasiveness as VW AG CEO has chased the Porsche and Piech families away from embracing the same management strategy once again. After we reported on the families agreeing that VW and its many brands would be kept on a short leash as they seek to reestablish control of the companies, Reuters is now stating that incoming CEO Oliver Blume, who currently assumes the role of Porsche CEO, may trim Volkswagen’s Board from twelve members to eight or nine.

Volkswagen AG families Porsche and Pieche regain control post-Diess

Advertisement
-->

The report indicates Blum plans to surround himself with a “core team,” which would be comprised of CFO Arno Antlitz, Personnel Head Gunnar Kilian, Legal Chief Mandred Doess, and VW, Skoda, and Seat brand head Thomas Schaefer. Markus Duesman, who heads Audi, Lamborghini, Bentley, and Ducati, could also assume a new role but is expected to stay at the company.

Diess’s push for EVs and a more sustainable business outlook altogether not only cost him the trust of VW but his job as well. Interestingly, Diess made Volkswagen more competitive than nearly any company on the planet in terms of electric cars, which makes the Porsche-Piech strategy for the future questionable. However, ultimate control and more stabilized day-to-day operations are what they seek, and they may be looking for someone who fits the molds of the German standard: perfection, in every sense of the word.

I’d love to hear from you! If you have any comments, concerns, or questions, please email me at joey@teslarati.com. You can also reach me on Twitter @KlenderJoey, or if you have news tips, you can email us at tips@teslarati.com.

Joey has been a journalist covering electric mobility at TESLARATI since August 2019. In his spare time, Joey is playing golf, watching MMA, or cheering on any of his favorite sports teams, including the Baltimore Ravens and Orioles, Miami Heat, Washington Capitals, and Penn State Nittany Lions. You can get in touch with joey at joey@teslarati.com. He is also on X @KlenderJoey. If you're looking for great Tesla accessories, check out shop.teslarati.com

Advertisement
Comments

News

Tesla partners with Lemonade for new insurance program

Tesla recently was offered “almost free” coverage for Full Self-Driving by Lemonade’s Shai Wininger, President and Co-founder, who said it would be “happy to explore insuring Tesla FSD miles for (almost) free.”

Published

on

Credit: Tesla

Tesla owners in California, Oregon, and Arizona can now use Lemonade Insurance, the firm that recently said it could cover Full Self-Driving miles for “almost free.”

Lemonade, which offered the new service through its app, has three distinct advantages, it says:

  • Direct Connection for no telematics device needed
  • Better customer service
  • Smarter pricing

The company is known for offering unique, fee-based insurance rates through AI, and instead of keeping unclaimed premiums, it offers coverage through a flat free upfront. The leftover funds are donated to charities by its policyholders.

On Thursday, it announced that cars in three states would be able to be connected directly to the car through its smartphone app, enabling easier access to insurance factors through telematics:

Tesla recently was offered “almost free” coverage for Full Self-Driving by Lemonade’s Shai Wininger, President and Co-founder, who said it would be “happy to explore insuring Tesla FSD miles for (almost) free.”

The strategy would be one of the most unique, as it would provide Tesla drivers with stable, accurate, and consistent insurance rates, while also incentivizing owners to utilize Full Self-Driving for their travel miles.

Tesla Full Self-Driving gets an offer to be insured for ‘almost free’

Advertisement
-->

This would make FSD more cost-effective for owners and contribute to the company’s data collection efforts.

Data also backs Tesla Full Self-Driving’s advantages as a safety net for drivers. Recent figures indicate it was nine times less likely to be in an accident compared to the national average, registering an accident every 6.36 million miles. The NHTSA says a crash occurs approximately every 702,000 miles.

Tesla also offers its own in-house insurance program, which is currently offered in twelve states so far. The company is attempting to enter more areas of the U.S., with recent filings indicating the company wants to enter Florida and offer insurance to drivers in that state.

Continue Reading

News

Tesla Model Y gets hefty discounts and more in final sales push

Published

on

Credit: Tesla

Tesla Model Y configurations are getting hefty discounts and more benefits as the company is in the phase of its final sales push for the year.

Tesla is offering up to $1,500 off new Model Y Standard trims that are available in inventory in the United States. Additionally, Tesla is giving up to $2,000 off the Premium trims of the Model Y. There is also one free upgrade included, such as a paint color or interior color, at no additional charge.

Advertisement
-->

Tesla is hoping to bolster a relatively strong performance through the first three quarters of the year, with over 1.2 million cars delivered through the first three quarters.

This is about four percent under what the company reported through the same time period last year, as it was about 75,000 vehicles ahead in 2024.

However, Q3 was the company’s best quarterly performance of all time, and it surged because of the loss of the $7,500 EV tax credit, which was eliminated in September. The imminent removal of the credit led to many buyers flocking to Tesla showrooms to take advantage of the discount, which led to a strong quarter for the company.

2024 was the first year in the 2020s when Tesla did not experience a year-over-year delivery growth, as it saw a 1 percent slide from 2023. The previous years saw huge growth, with the biggest coming from 2020 to 2021, when Tesla had an 87 percent delivery growth.

This year, it is expected to be a second consecutive slide, with a drop of potentially 8 percent, if it manages to deliver 1.65 million cars, which is where Grok projects the automaker to end up.

Advertisement
-->

Tesla will likely return to its annual growth rate in the coming years, but the focus is becoming less about delivery figures and more about autonomy, a major contributor to the company’s valuation. As AI continues to become more refined, Tesla will apply these principles to its Full Self-Driving efforts, as well as the Optimus humanoid robot project.

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

These discounts should help incentivize some buyers to pull the trigger on a vehicle before the year ends. It will also be interesting to see if the adjusted EV tax credit rules, which allowed deliveries to occur after the September 30 cutoff date, along with these discounts, will have a positive impact.

Continue Reading

News

Tesla FSD’s newest model is coming, and it sounds like ‘the last big piece of the puzzle’

“There’s a model that’s an order of magnitude larger that will be deployed in January or February 2026.”

Published

on

Credit: Tesla

Tesla Full Self-Driving’s newest model is coming very soon, and from what it sounds like, it could be “the last big piece of the puzzle,” as CEO Elon Musk said in late November.

During the xAI Hackathon on Tuesday, Musk was available for a Q&A session, where he revealed some details about Robotaxi and Tesla’s plans for removing Robotaxi Safety Monitors, and some information on a future FSD model.

While he said Full Self-Driving’s unsupervised capability is “pretty much solved,” and confirmed it will remove Safety Monitors in the next three weeks, questions about the company’s ability to give this FSD version to current owners came to mind.

Musk said a new FSD model is coming in about a month or two that will be an order-of-magnitude larger and will include more reasoning and reinforcement learning.

He said:

Advertisement
-->

“There’s a model that’s an order of magnitude larger that will be deployed in January or February 2026. We’re gonna add a lot of reasoning and RL (reinforcement learning). To get to serious scale, Tesla will probably need to build a giant chip fab. To have a few hundred gigawatts of AI chips per year, I don’t see that capability coming online fast enough, so we will probably have to build a fab.”

It rings back to late November when Musk said that v14.3 “is where the last big piece of the puzzle finally lands.”

Advertisement
-->

With the advancements made through Full Self-Driving v14 and v14.2, there seems to be a greater confidence in solving self-driving completely. Musk has also personally said that driver monitoring has been more relaxed, and looking at your phone won’t prompt as many alerts in the latest v14.2.1.

This is another indication that Tesla is getting closer to allowing people to take their eyes off the road completely.

Along with the Robotaxi program’s success, there is evidence that Tesla could be close to solving FSD. However, it is not perfect. We’ve had our own complaints with FSD, and although we feel it is the best ADAS on the market, it is not, in its current form, able to perform everything needed on roads.

But it is close.

That’s why there is some legitimate belief that Tesla could be releasing a version capable of no supervision in the coming months.

Advertisement
-->

All we can say is, we’ll see.

Continue Reading