From EVs & clean energy to sustainable agriculture, climate finance, & digital trust, the transition is reshaping every sector. 🌎
Insights from Santa Marta featuring @OwenGaffney, Fredrika Klarén, @PolestarCars, Anna Hall, @Alfa_Laval Stacy Cushenbery, @oatly & Anna Zeiter.
Tesla EVs have much lower average lifecycle emissions vs. gas vehicles. This will improve as the electrical grid gets cleaner, while burning gas does not
Germany's answer to charging an electric ferry? The parked EVs already sitting at the dock. This V2G pilot could change how renewable energy gets stored and distributed.
#V2G# #ElectricFerry# #GreenMobility#
Honda is reportedly delaying five next-generation models for multiple years because it lost so much money on EVs (-$15.7B).
These vehicle redesigns have been delayed:
• Honda Odyssey (current design came out in 2017): Delayed to 2030
• Honda Accord: Delayed to 2030
• Honda HR-V: Delayed to 2032
• Acura MDX: Delayed to 2031
• Acura Integra: Delayed to 2032
Honda reportedly weighed cutting the Odyssey from its lineup for a brief period until the new hybridized model arrived, but decided against it to prevent customers from migrating to other brands.
Honda is cancelling the Prologue EV in the US at the end of this year, just two years after it was introduced, which means that starting in January 2027, Honda will no longer have any new EVs for sale in its lineup in America.
The company also recently announced that it is exiting the South Korean car business after 23 years because it can't figure out how to compete there. Tough times for Honda.
Q1 2024 Shareholder Update →
— Highlights
While many are pulling back on their investments in EVs, we are investing in future growth. This includes our AI programs, production capacity, Supercharger & service networks as well as new products infrastructure.
To maximize the impact of our products, we design & manufacture a fully integrated ecosystem.
Cybertruck production ramp is progressing, with a sequential cost improvement in Q1 & a production rate of over 1k units/week in April.
Additionally, 4680 ramp continued successfully in Q1 & remains ahead of Cybertruck ramp.
The future is not only electric, but also autonomous.
Since the launch of FSD V12 earlier this year, it has become clear that a vision-only architecture with end-to-end neural networks, trained on billions of miles of real-world data, is the right solution for scalable autonomy.
We also completed the transition to Hardware 4.0 in Q1, our latest in-vehicle computer with increased inference processing power & improved cameras.
To make FSD Supervised more accessible, we reduced the subscription price to $99/month & purchase price to $8k in the US.
We're also building ride-hailing functionality that will seamlessly integrate into the Tesla app & become available in the future.
Energy storage deployments in Q1 increased sequentially to a record 4.1 GWh & we continue to ramp our 40 GWh Megafactory in Lathrop, CA to full capacity.
Tesla Diner is retro-futuristic diner & drive-in charging experience all wrapped into one
80 V4 Supercharger stalls are open to all NACS-compatible EVs, making it the largest urban Supercharger in the world
@cybertruck Fast & reliable charging is needed to increase EV adoption.
We're dedicated to continued expansion of the Supercharger network & opening to non-Tesla EVs