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EV Daily | Tesla Tests New Models, Expands Discounts, and Prepares Robotaxi Control Team

Market BriefTuesday, Nov 26, 2024 7:00 am ET
1min read
【Tesla】

A group of covered Tesla vehicles was spotted at the Fremont factory's test track, sparking speculation about potential new models, including a Model Y refresh and cheaper versions of Model 3 and Model Y.

Tesla is employing various strategies, including a direct discount on the Model Y in China, to boost Q4 sales. They're also forming a team for remote control of future robotaxis, aiming to introduce them by 2025.

Tesla has announced a new direct discount for the Model Y in China to increase demand. The company aims to deliver over 515,000 vehicles in Q4, using incentives like low-interest loans and discounted home charging.

Tesla is forming a 'teleoperation' team to remotely control its robotaxi fleet, a crucial step for launching a robotaxi service without achieving full autonomy. This initiative will start in California and Texas by Q2 2025.

【BYD】

BYD is expanding globally, driven by strong sales and new technologies. Their upcoming Blade battery will offer increased range and efficiency, powering new low-cost models like the Seagull in China. BYD is currently the second-largest EV battery maker globally, with plans to introduce next-gen Blade batteries in 2025, further enhancing range and lifecycle.

【Others】

Hyundai's 2025 IONIQ 5 features a longer range and sleek design, with an NACS plug for Tesla Supercharger access. The Georgia plant will produce the IONIQ 5 and the new IONIQ 9. Despite political challenges, Hyundai plans to continue its market growth, emphasizing quality and US manufacturing.

Volvo introduced the revised XC90, emphasizing luxury and Scandinavian design. The T8 PHEV variant offers an electric range of 33 miles, with enhanced technology and comfort features, available for purchase in 2024.

Dodge launched the Charger Daytona EV with 0% APR, offering high performance and competitive financing options. The Scat Pack model claims performance on par with its gas-powered counterparts.

Kia's 2025 EV5 GT Line is an upgraded electric SUV featuring a potent AWD powertrain and advanced interior tech. It offers a competitive driving range and is set to make waves in the Chinese market.

Jeep is offering 0% financing on the 2024 Wagoneer S EV, a fully electric SUV designed for off-road performance. The deal is available across various US regions till December 2.
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MarketGuru
11/26
$TSLA prices are mostly above $365 today.
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bmrhampton
11/26
$SQQQ China is poised to retaliate against US farm goods, Tesla, and tech exports. AAPL and TSLA will bear the brunt of this move, each suffering a 2x impact.
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battle_rae
11/26
$TSLA $400 Black Friday, anyone?
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