Tesla has announced that they will be further investing in the Gigafactory in Sparks, Nevada.
Over the next few years, Tesla will invest an additional $3.6 billion to grow Gigafactory Nevada, according to a blog post shared by the company. This massive expansion will add 3,000 new team members and two new factories: a 100GWh 4680 cell factory and the company’s first high-volume Semi factory.
According to the blog post, Tesla’s original goal was to build a facility that could produce 35 GWh of battery cells annually, or about 500,000 vehicles per year. They have achieved this, and one day hope to produce upwards of 2,000 GWh of battery cells annually.
During a 20-minute presentation titled “Giga Nevada Battery and Semi Manufacturing Update” video on YouTube, CEO Elon Musk said that Giga Nevada is the most advanced cell, battery, and powertrain factory in the world. He added that he’s spent a lot of time at this factory, even going as far as camping atop Giga Nevada’s roof to save time instead of traveling to hotels. “It gets pretty cold up there at night,” Musk says and laughs.
Musk went on to add that this forthcoming addition is “only phase two.” He stated that it’ll go through phase three, four, and so on. Due to the anticipated demand of battery cells and vehicles in the future, Giga Nevada will probably undergo multiple additions and improvements in the years to come.
Tesla's Presentation on Giga Nevada
Watch the full presentation below.
The Austin-based automotive and technology company recently delivered the first 20 production Semis to PepsiCo at a Gigafactory Nevada event. During that event, Elon Musk announced the Semi would have a 500-mile range, utilize V4 Superchargers (as will the upcoming Cybertruck), and will be an impeccable recruiting tool for truckers.
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It has been a long wait for FSD for European customers, many of whom paid for the feature years ago on now legacy hardware. While the FSD transfer program has come and gone multiple times, there’s something to be said about having it available in North America, where it can be used, and in Europe or other countries, where it still just remains the same as Enhanced Autopilot (differences between Autopilot, EAP, and FSD).
FSD Transfer is a nice goodwill gesture from Tesla that in theory doesn’t cost them anything. Instead, it keeps customers, especially those who have been waiting for years, loyal and happy. It also incentivizes them to upgrade to a newer Tesla with HW4, where FSD will hopefully be achieved.
In a reply to a post on X, Elon agreed with the suggestion that offering FSD transfers in Europe would be a fair solution for those who have already purchased FSD but can’t use its capabilities.
FSD Transfer directly addresses a growing concern for many long-term European Tesla owners. Thousands of customers purchased the full package, often many years ago, with the expectation that FSD would eventually be capable and approved for use. However, the reality is that FSD, even as an advanced driver assistance system (ADAS), continues to be pushed back in Europe.
Without the transfer program, it's a difficult choice: either throw away your original investment in FSD and pay for the package a second time (FSD price history), or subscribe to it in the future.
Offering FSD transfers is a good way for Tesla to meet them halfway. It's a difficult situation, and one that’s being hindered by processes beyond the control of both the customer and Tesla. However, a transfer helps both parties. Tesla sells another vehicle, and the customer gets to keep FSD.
When Will it Be Available?
Based on how FSD transfers have worked in the past following Elon’s announcements, this feature is likely to become available for a limited time period in the coming days or weeks. If it happens, we should expect an announcement from Tesla Europe on X and emails being sent out to Tesla customers.
Once the program is in place, all you need to do is complete your vehicle purchase and then inform your Tesla sales advisor that you’d like to transfer FSD. You don’t even have to sell or trade in your old Tesla; FSD will simply be removed from it as a feature.
Hopefully, Tesla enables FSD Transfers for everyone, regardless of region. It should be an ongoing offer until at least FSD is approved in the given country or region.
The introductory price for Tesla’s Robotaxi Network has finally been updated. In a post on X, Elon Musk confirmed that the new fare would be rolling out to complement the new Robotaxi geofence expansion.
This change marks the first adjustment to Tesla’s fares since the initial $4.20 launch price 23 days ago. While the price increase may seem significant in terms of percentages, when compared to other options in the ride-hailing area, it is still drastically cheaper.
But the price is now a princely $6.90, as foretold in the prophecy 😂
Robotaxi currently operates on a simple, flat-rate model. The new $6.90 fare gets you a ride to anywhere within the recently expanded geofence.
So far, this is the opposite approach compared to other services, such as Waymo or traditional ride-sharing options like Uber and Lyft. All these services use dynamic pricing based on distance, time of day, and demand. A comparable trip on any one of these services could cost anywhere from $30 to $65, and potentially even higher during peak hours.
That doesn’t even include the tip fees for human drivers either - another win for Robotaxi (can you tip a Robotaxi?).
Even with the adjustment, the flat $6.90 fare remains less than half the price of a typical competing ride, making Robotaxi the most affordable point-to-point transportation option in Austin, aside from mass transit, for now.
A “Maturing” Service
The price change, moving from one meme-worthy number to another, is a sign that Robotaxi is finally graduating from its initial pilot phase. Following the first major expansion of the service area, this adjustment is a logical next step towards finding a more sustainable flat price.
While the new fare is a 65% increase over the old fare, the key takeaway is that it is still far cheaper than other options, and still just as meme-worthy. Tesla is aiming to have its early access riders complete as many rides as possible during these early months, and this pricing is still very reflective of that.
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