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Tesla’s Latest Software Release Includes Safety, Performance Features

Tesla released its latest software update (2020.32.1), which includes a number of safety and performance improvements. Tesla is now offering “Dynamic Brake Lights” in new markets after releasing the feature to Europe in March 2019. Unfortunately, the functionality will likely not be available in the United States for some time. Government regulations indicate that brake …
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Tesla Announces Color-Change Wrap Service in China

Tesla is offering a vinyl wrap option to customers in China. The new Tesla-managed wrap service was announced on the company’s Wibo account. The service has launched in five cities – Beijing, Shanghai, Guangzhou, Shenzhen, Suzhou. Other cities will be announced this month, according the the post.  Tesla Chief Executive Elon Musk previously mentioned wraps. When asked …
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Tesla Beats Expectations on Revenue, Aims to Exceed 500K Deliveries in 2020

Tesla beat earnings expectations for the pandemic-impacted second quarter, reporting $6.04 billion in revenue versus analyst projections of $5.37 billion. Highlights from the quarterly report include: Cash $535M increase in cash and cash equivalents in Q2 to $8.6B Operating cash flow less capex (free cash flow) $418M in Q2 Profitability $327M GAAP operating income; 5.4% …
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Boring Company’s Vegas Loop to Use Tesla Vehicles

The Boring Company has shared a bit more information on the plans for the underground transportation system it is constructing at the Las Vegas Convention Center. New renderings posted on the company’s website show three station types: surface stations, subsurface stations, and subsurface open-air stations. The website also has an updated description of the “Loop” with …