How Tesla has revolutionized the automotive industry - Why is Tesla so valuable? - Yogesta

Let’s start with a surprising fact. Tesla’s market capitalization is almost twice as high as the two automotive giants Toyota and Volkswagen altogether. At the same time what’s remarkable is that Tesla’s stake is less than 1% of the total automotive market. While the two above-mentioned companies have the whole 24%. So, what makes Tesla so valuable. Let’s find out the answer by talking about the new Teslas. Which are coming to take over each segment of the automotive industry meanwhile helping accelerate a sustainable energy economy. Here is how Tesla has revolutionized the automotive industry.

We want the things that are in science fiction novels and movies not to be science fiction forever, we want to be real one day

Elon MusK

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How Tesla has revolutionized the automotive industry - Why is Tesla so valuable?

Tesla Van – As an urban transport

In addition to consumer vehicles making two other types of electric vehicles specifically heavy-duty trucks and as Elon Musk describes in his master plan, high passenger density urban transport has been in Tesla’s plan for a long time. Tesla is definitely going to make an electric van at some point said Musk recently but he also added it’s going to happen as soon as battery cell supply allows for it. He’s talking about Tesla’s newest 4680 battery which promises to be revolutionary when reaching its full potential in a few years. This is how Tesla has revolutionized the automotive industry

How Tesla has revolutionized the automotive industry - Why is Tesla so valuable?

Since the battery will be light and powerful, it will make such electric vehicles as a fan practical regardless of huge ecological benefits. The vehicle is expected to have at least two base modifications serving as a passenger minibus and a delivery van. Musk also thinks that a solar-powered deployable roof for a Tesla van is a good idea that can provide about 30 miles of range per day. Besides Tesla vans can be a great solution for electrifying Tesla’s service fleet which relies on internal combustion engine-powered vehicles.

How Tesla has revolutionized the automotive industry - Why is Tesla so valuable?

A van because you got a big flat area that’s actually where solar could start to make a little more sense.

Elon Musk

Tesla Van for Boring loops – As an autonomous vehicle for Boring Company loops

On the other hand, the rumours about Tesla vans are strictly linked with the operation of the transportation loops, the Tesla-affiliated Boring company has planned between busiest spots in California. If this project finally starts Tesla can even design special autonomous vans with no driving cockpit which will offer more space for the passengers adding additional profitability to the project. The vans are expected to seat up to 12 people and their luggage with an ability to serve more than 10 million people per year.

Tesla will inevitably work on the van project and it should presumably become real at least as a driving prototype next year. This is how Tesla has revolutionized the automotive industry

New Tesla Roadster (2023)

Quickest production car ever w/ SpaceX package, 0-60mph in 1.1 seconds CONFIRMED and is optionally going to hover about 1 meter above ground

How Tesla has revolutionized the automotive industry - Why is Tesla so valuable?

The next generation of Tesla Roadster is estimated to offer 620 miles of driving range which is very important as hitting the track for some flat out hot laps will cut that estimate considerably. As to performance details, the Roadster will be unprecedented among modern road cars. We have already learned about Tesla’s new carbon wrapped electric motor which is not only smaller and more efficient but is also capable of achieving insane rpm. It’s something that Elon describes as the most advanced motor on earth outside of a lab. Allowing the latest Model S plaid for a 0-60 miles per hour acceleration time of fewer than two seconds.

Special SpaceX package

This figure is pretty close to that of a Roadster announced at the unveiling event. But Tesla is going to push the new Roadster to higher performance working on something even more powerful. Fasten your seatbelt since Tesla’s CEO has confirmed a new Roadster design equipped with a special SpaceX package. It comes with cold air rocket thrusters around the vehicle allowing for a 0 – 60 acceleration time of an instant of 1.1 seconds. But don’t hesitate to assume this is the most shocking idea Tesla wants to implement. Since the company intends to add as many super exciting features to its cars as physics lore allows.

How Tesla has revolutionized the automotive industry - Why is Tesla so valuable?

In one of his interviews this year Elon Musk says Tesla is really planning to use the SpaceX package. So that the roadster can hover around 1 meter above the ground. The question is if it will be street legal or not.

You go pretty fast, but there’s gonna be a time limit, It can hover like a meter above the ground.

Elon Musk

New Model Y (2.0)

Uses Tesla’s latest structural battery design and single-piece giant castings delivered by IDRA Group: The Gigapress

How Tesla has revolutionized the automotive industry - Why is Tesla so valuable?

Tesla’s fans are also waiting for an updated version of another Tesla Model the so-called Model Y2. The discussions on the new Model Y are primarily associated with the launch of new Tesla factories in Berlin and Austin. Which are going to contribute to Tesla’s growth at the end of the year. At its battery day event, Tesla announced its plans to build a battery pack that acts as a body structure. Meaning that the battery is not just an energy device but also an actual structural part of the vehicle. Linking the front and rear underbody parts. The new design aims to reduce overall vehicle mass by 10% and increase the range by 14%. This is how Tesla has revolutionized the automotive industry

How Tesla has revolutionized the automotive industry - Why is Tesla so valuable?

Besides Tesla wants to use its latest casting technology for the new version of Model Y. That replaces many body parts with giant casting parts to connect a big single piece rear and front underbody to the structural battery pack. The company has already managed to build a Model Y with single-piece rear underbody casting. That used to be made of 70 parts. This became possible due to the world’s largest casting machine nicknamed Gigapress delivered by IDRA Group in Italy. Tesla is also ordering even larger casting machines for its new factories. Which will certainly facilitate manufacturing and help reduce operational costs even more. Let’s see which Gigafactory will first produce the Model Y2.

Model 2 (2022-23)

The cheapest Tesla assumed to cost $17,500 after possible Gov. Incentives

If one inquires about what should be added to Tesla’s model line an affordable option with decent specs would be one of the most frequent answers. The company is well aware that in the highly competitive market especially given the activity of Chinese manufacturers. It’s a must to offer something more than the current models. Which with all its attractiveness cannot boast of an attractive price. The so-called Model 2 will presumably be manufactured in Gigafactory Shanghai. It sold all over the world will come with the lithium-ion phosphate battery pack. Which is significantly cheaper than actual batteries.

Right now we can expect about 200 to 250 miles of driving range. This is quite good for an anticipated price of 17,500 dollars after the Govt. incentive which might be recovered for Tesla in 2022. This is how Tesla has revolutionized the automotive industry

The Cybertruck – Quickest pickup ever, can go more than 500 miles

Another Tesla we still wait on the roads is the Cybertruck. Which is designed to combine the utility of a modern truck and the performance of a sports car. The vehicle offers durability and versatility with exceptional performance both on-road and way off. It’s been announced with three different configurations depending on the number of motors. Each additional motor means quicker acceleration and greater towing capacity while the payload capacity is the same for all. The most powerful tri-motor version can reach up to 500 miles. Besides the latter can accelerate from 0 to 60 miles per hour in just 2.9 seconds. A result that not every supercar can boast.

How Tesla has revolutionized the automotive industry - Why is Tesla so valuable?

It will come with a rear-wheel steering system which is important in terms of the manoeuvrability of such a big vehicle. On the example of the latest S-Class that similar function allows it to be as manoeuvrable as the smallest Mercedes. Musk has also promised many other great things. So, it’s worth waiting a little bit more to see what Tesla’s CEO has meant.

The Cyberquad

Will compete with most powerful gas variants in its class, optional for Cybertruck buyers

Almost no doubts that alongside the Cyber Truck we will see the Cyberquad ATV as well. That comes as an option for the pickup buyers. The small EV has made its first debut at the Cybertruck unveil event.

How Tesla has revolutionized the automotive industry - Why is Tesla so valuable?

Regardless of battery size it presumably will be competitive with many gas-powered ATVs. Since such type of vehicle is not typically used for long-distance travel. Meanwhile, it offers Cyberpunk aesthetics as if the Cybertruck has transformed into a small robot. The electric all-terrain vehicle from Tesla is capable of not only fitting in the bed of the truck but also charging directly from it. This is how Tesla has revolutionized the automotive industry

Small Cybertruck

Tesla is going to produce smaller Cybertruck for the European market after scaling-up the production of a regular Cybertruck

That’s not all after successfully ramping up the production of a regular f-150 sized Cybertruck, it’s likely we’ll also see a smaller version of the electric pickup for the European market according to a tweet from Elon Musk. He said it’s highly likely down the road and even though the specs and release date are currently unclear one thing is certain. But the smallest cyber truck is on Tesla’s radar.

Robotaxi

Full self-driving Teslas without steering wheels that can reduce taxi fares and provide huge amount of income

With the recent release of the full self-driving beta software update, Tesla’s other revolutionary project known as Robo Taxi becomes more realistic. Eventually, the company wants to deliver a car without a steering wheel if the regulation allows for it. Tesla owners will also have the opportunity to join the project which promises to provide a good amount of passive income by using the capabilities of autonomous driving technologies. On the one hand, buyers will have to pay at least 10,000 dollars. Or opt-in for a subscription variant to get Tesla’s full self-driving package.

On the other hand, the car will pay itself when registered to the Robo Taxi network. Obviously, the more cars are registered in the network, the more successful the project itself will be. Since having as many driving situations as possible is essential for the system to reach breakthrough improvements.

Tesla’s Artificial Intelligence & Autopilot

The Autopilot team have designed a new AI model. It takes the data from all the cameras around the car and projects a 3D bird’s eye view. In order to perceive its environment much more accurately and make better decisions in various driving scenarios. Here is a simple example where the new system predicts the full structure of the intersection with high accuracy. This is how Tesla has revolutionized the automotive industry

For more information on Tesla’s AI technology and Autopilot – Click Here

How Tesla has revolutionized the automotive industry - Why is Tesla so valuable?

Tesla’s advantage may be the advanced pure computer vision-based approach. This is very challenging without expensive lidar and HD maps. But it’s the best way to reach a scalable full autonomy. The program now relies solely on Tesla’s computer vision system using only optical images from cameras instead of readings from its Radar sensor. The thing is Radar sometimes makes mistakes and holds back the overall system. While computer vision already performs much better.

For example here the car in front does very harsh braking and the radar loses the track of the car ahead and then tries to re-initialize it again. It’s as if the vehicle disappears and reappears several times which causes the late response of the Autopilot system.

Of course, you could go into the Radar stack and you could adjust the height parameters of the tracker like why is it dropping tracks and so on. But then you are spending engineering efforts and focus on a stack that is like not really barking up a directory.

Akarpathy

Tesla Vision

But the system based on pure vision and artificial neural networks which resemble human eyes and brain give clear signals and responses early. So Tesla could achieve a human-like driving system that aims to be much safer than human driving itself. Besides according to Elon Musk, Tesla’s vision system will soon be able to capture turn signals, hazards, ambulance or police lights and even hand gestures.

Another important benefit of the launch of Robo-Taxi will be the significant reduction in the cost of Taxi fares. According to the most preliminary calculations, a trip by Tesla car in the Robo Taxi mode will eventually cost less than 20 cents per mile on average. Which is about 13 times lower than the average cost of ride-sharing services.

Semi

With its ingenious heavy-duty truck project, Tesla has a real chance to disrupt the entire trucking industry as well. This four motor electric model despite its relatively high starting price of 150,000 dollars promises more than 200,000 dollars saving during its living cycle. Like the Roadster, Semi’s production has been postponed several times. The main reason behind these troubles is the lack of a reliable battery pack to deliver a claimed range of 300-500 miles. The Semi is going to set new standards in safety and efficiency. Eventually, Tesla wants it to go 620 miles and offer the same cargo capacity as a regular diesel truck. Besides thanks to its independently controlled four electric motors, the vehicle can avoid jackknifing. Also can operate more than one million miles.

Another optimistic news came from Modesto, California where Tesla is going to install its first mega charger stations at a FritoLay delivery centre. As we know the FritoLay is one of the early Semi customers with a huge fleet of pre-ordered vehicles. You can see Tesla has prepared a lot of surprises for us. This is how Tesla has revolutionized the automotive industry

By Yashwanth

Hi, I'm Yashwanth Mallepudi working as an Automobile Journalist also an aspiring blogger.This blog is dedicated to help people learn about Automobiles.

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