T for Tesla | T for turntables
- By --
- Tuesday, 29 Jun, 2021
There are two types of people in this world; ones who know Tesla and others who don’t. Let’s focus on the latter ones to enlighten them on how world changed because of The Tesla.
Elon Musk, a name of excellence and intelligence, has been serving the universe for so long. Many inventors would have been revolutionizing out of their thirst for curiosity, but this legend is a humanitarian in so many ways. After becoming the CEO of Tesla, Musk turned out to be human’s Mr. Incredible, forming electric vehicles with esteemed features. Elon’s fortune is by far the most demanding item by everyone else on this planet, and as he finds nobody comparable to his talent, he’s hunting out for aliens too. But his business still rocks as he continues to explore new features in Tesla cars.
How did Elon come up with Tesla’s innovative ideas?
Well, no wonder he has degrees in Physics and economics. But he had this vision that his inventions will ultimately be mind-blowing. Obviously, cybertruck or roadster, the earliest of his inventions, were not believed to be profitable, and critics cricised for making something as stupid as this. But Elon Musk materializes his thinking and broadcasts his ideas in a way to influence investors, customers and employees.
Tesla is in hype nowadays, why?
Because along with its autopilot, supercharging and other apps features, Tesla acquires the ludicrous Plus, Bioweapon Defense and auto-raising suspension modes, an absolute brilliance. Such ideas are the emblem of a genius’s mind, a mind of a matrix. Tesla cars are quiet, stylish, innovative, cargo-haulers.
Elon Musk got the title of “Technoking of Tesla” by his company recently.
After the electric car, Musk now aims to produce Electric Van with solar panels. Even though the idea of solar panels installing on passenger cars is not to be appreciated, but you gotta trust Elon Musk on this. He said installing it on a van allows more surface area, and in his own words, ‘Now, you triple the area, and you have a big, flat surface, you could maybe start charging enough where you start getting like 30 miles a day.”
Another rumor going around is that Tesla Model 3 might have a heated steering wheel, which is an exciting feature for users. His rumor was legitimized to some extent by Tesla Switzerland, who confirmed that Model 3’s heated steering wheel is poised to be activated with the upcoming holiday software release.
After a successful Tesla Motors Co., Elon Musk hinted at starting Tesla drive-in restaurants too. Expanding on his network of Supercharger stations, Musk is offering a new trademark for restaurant services under the same brand name Tesla. A few years back, this idea popped up in Musk’s mind, but it remained silent until a few days ago when he tweeted, “Major new Supercharger station coming to Santa Monica soon! Hoping to have 50’s diner & 100 best movie clips playing too. Thanks Santa Monica city!”.
“As those credits dry up, there’s going to be a lot of pressure to make money and better margins on their vehicles.” Says ex-Ford CEO.
As CEOs fight to get shares of magnificent company’s shares, Elon Musk is taking more and more steps to expand his launches. But his approach to democratize Tesla cars may cost him much more, but not more than what he earns.
Now that Elon Musk made it possible, the idea of EV and AI-equipped cars has grabbed the attention of many company heads and business people. Consequently, Tesla has been facing a lot of pressure.
Last month, the company shares dropped from 29% to 11%, primarily in China, Europe and U.S. markets. Volkswagen is now leading in EVs in Europe, and the Ford Mach E is taking share in the U.S. Ford. An article on the tech news website The Information reported that the Chinese order volume of Tesla fell down by about half in May from April levels. The more alarming situation is that not only the sale of Tesla is declining in China, but the sale of it’s rivals, such as NIO, XPeng, and Li Auto, is increasing. The stock market is having variable ups and downs for Tesla, and as the car manufacturer companies continue to overpower, Tesla is becoming a challenge to sustain its position in the supermarket.
Tesla recently received a few of recalls for Model 3 and Y SUVs regarding fastening, seatbelts and brake caliper systems. This issues the concern of Tesla's ability to survive in the world's most important automotive market.
Two of the key groups stopped for the endorsement for Tesla, saying that the company has stopped using radar on its safety systems. The U.S. government's National Highway Traffic Safety Administration deprived the Models 3 and Y of giving check marks on their website. Tesla aims to install eight cameras in the cars instead of radar, and critics are suggesting this design may not guarantee complete safety. Although Elon Musk said that this innovation is making towards the company’s self-driving ambitions, people are still having security and safety concerns.
Tesla has another bigger competition, Lucid motors. CCIV and Lucid are merging to form a powerful version of company with greater stocks, which Tesla has to fear. Tesla’s quality and sustainability is diluting and will ultimately result in coming of a new entrant in this market of technology. Lucid Motors overwhelm Tesla because of Talent, technology and brand. No doubt Tesla has all three of them but you can now guess why Lucid is to trend.
Are you afraid to invest in this company now?
You will probably have to endure the stock-price volatility driven by headlines. Competitors never slow to create the headlines of Tesla. It would be too early to say that Tesla is losing its credibility and acceptance globally because there is a better reception of Tesla in many foreign markets. It just needs to get it momentum speed up.