Tesla continues its disruption...

Source

Hi everyone!

I personally really struggle with the constant Tesla-bashing that I see in the mainstream media. It's unrelenting, and the reason that I get so bothered with it is that it sends a really strong message to anyone who is trying to improve the world and change the status quo:

"Don't you dare!"

Luckily Elon Musk seems to have enough support to not worry too much about it, but it is hurting Tesla and I'm sure discourages everyone else who'd love to attempt a technical revolution.

When I occasionally bring up the exciting things that Tesla are doing around co-workers and family, I'm met with either the response of "Aren't they about to go bankrupt?" or "I had no idea all that was happening"... so, I'd like to shed some light on a few things that I find exciting.

The Electric Porsche Taycan

Porsche will start production of the all-electric Taycan tomorrow, and I know this is a weird thing to bring up as something Tesla has managed, but that's exactly how I see it. Auto manufacturers would have kept producing petrol cars forever... they're extremely profitable, but Telsa is changing the entire landscape for the better, and the quicker we see all the other manufacturers jump on, the better.

Source

Of course, everyone straight away compared the new Porsche to the Tesla Model S, which is mostly unchanged since 2012, and the stats clearly favored the Model S in; range, price, acceleration and top speed... but I absolutely love that Porsche are jumping and I honestly wish them all the success. I honestly hope they make a huge profit from this vehicle and convert lots of Porsche-lovers to electric.

Source

Tesla Insurance

About two weeks Tesla released car insurance for Tesla owners in California. This is an absolutely huge move.... it's easy money for Tesla, it makes things simple for owners and it clearly states to the rest of the world that Tesla truly believes their cars are the safest in the world.

I think the huge benefit is to the consumer, who can include insurance with one click... and it's supposed to be 20% to 30% cheaper than other insurance offerings.

There are quite a few things that make the Model 3 so much safer than all other cars, but the main component is that the battery is on the floor of the car, which significantly lowers the center of gravity of the vehicle. Normal petrol-powered car have a heavy engine-block, easily the heaviest component of the car, in the front or the back, which will carry a car forward even when brakes are heavily applied...

Source

The below line graph is a little hard to see, but the average miles between accidents in the US is about 500,000 miles whereas accidents with Telsa Autopilot engaged are 3.27 million miles.

Source

Obviously no one can predict the future, but I do think that Tesla's chase for vertical integration is the reason all the other manufacturers are in big, big trouble.

All the other automotive companies will source components from all sorts of manufacturers and suppliers and then put all those pieces together. Most of the battle is getting all those pieces to work with each other. Tesla, on the other hand, writes all it's own software, manufacturers it's microchips, will soon build it's own batteries, will soon create the Model Y out of one single piece, provides all the power sources to it's vehicles, collects all it's own data for it's autopilot AI, constantly upgrades all it's cars over the internet, intends to build a Robotaxi fleet and now is also offering it's customers cheaper insurance.

I know the safety of Tesla's is heavily criticized in the media, it seems like every accident makes front page news, but as I've mentioned before, there are clear financial incentives to keep Tesla stock low.

Here are two good example of how Autopilot is far more capable than a person:

Source

Source

Given all of this... it's not surprising that Tesla is taking insurance into their own hands. It's good for them, it's good for their customers, but it's especially good for shaking up the traditional financial markets. It's no wonder Warren Buffet hates Tesla.

This new 30% cheaper insurance also means that the Model 3 is going to get increasingly cheaper than a Toyota Camry (over time) since only normal insurance was factored into the research below by Loup Ventures:

Source

Please note: The above table does not take into account any EV incentives in your area... For example the Federal Tax Credit in the US is $1,875 and Oregon offers $1,875 for a Model 3.

Redefining the manufacture process

I have my sights squarely on the Tesla Model Y when the current lease on our Suburu Forester expires. I've loved the Forester, it's a great car and been perfect for us, but I don't love that we're still releasing harmful pollutants into the air every time we use it.

Source

Tesla often gets criticized for re-inventing the wheel (probably literally) but I do think that by challenging the way that things have always been done is the way to move forward and to innovate. We so often think that if something works well, we shouldn't mess with it... and I fall into that habit a lot as well, but we'll never make things better with that frame of mind.

Enter the machine that makes the machine!
Tesla intends to make the Model Y in one piece. This will obviously be faster, safer, stronger and more amazing:

Source

Tesla is looking to only use 328 feet of wiring in the Model Y whereas the Model S currently has about 10,000 feet of wiring... again its these sorts of innovations that bring the price down by making the production process as efficient as possible.

Tesla are doing so many amazing things, least of all, causing lots of other businesses to rethink their direction, products and environmental impacts. So many people really want to see Tesla fail, and I can't help those people are either incredibly short-sighted or incredibly selfish.

Thanks so much for reading! I know it's a long one, and I did borrow a ton from a post I created on Narrative, but I feel like we need articles like this to try and balance the huge flood of negativity.

---

Australian Ninja Warrior | Australian Ninja Games | CryptoKicks

Check out some detailed info at my EXHAUST page
Join me in testing out EXHAUST!