Smart Globies: Tesla
Articles by "Tesla"

Nearly 6,000 Tesla vehicles are being recalled due to loose brake bolts, which can reduce tire pressure and lead to accidents.

Owners of several thousand Tesla Model 3 and Model Y vehicles will need to work with a Tesla Service center following the announcement of a new recall. According to documents published with the National Highway Traffic Safety Administration last week, Tesla has recalled 5,947 electric sedans and SUVs due to the potential for loose brake calipers.
These vehicles are delivered between 2019 and 2021, likely without the brake caliper bolts to the proper specs. Over time, loose bolts can cause the brake calipers to detach and come into contact with the wheel. If this happens, the tire can lose pressure, increasing the risk of a crash. Owners can hear unusual noises coming from their car if parts come apart and come into contact with the wheels.
Tesla will inspect each affected vehicle and a technician will make sure the bolts are properly tightened. If the car owner's car is missing bolts, the technician will add and re-screw the screws for free. If the inspection reveals damage, the company claims to tow the vehicle to the nearest facility for repair. The automaker did not say when it plans to notify owners of the recall, but expects an announcement in the next few weeks to address this potential issue.

In 2020, Tesla delivered 442,511 Model 3 and Model Y vehicles. The company said no accidents or injuries were reported because of bolt problems.

Meanwhile in the Chinese market, many accidents involving Tesla vehicles are reported by users as having a fault with the car's brake system. Some users have even installed cameras to prove quality problems in cars are due to manufacturer's fault. And yet, some shopping centers in China have refused to allow Tesla cars to park because this model often has brake problems.

News on the evening of May 31st, Beijing time, according to reports, nowadays cars are slowly becoming less dependent on hardware, and more dependent on software. The impact of this shift on the automotive industry is no less than any other trend, including vehicle electrification and autonomous driving. For this reason, investors in the automotive field should begin to pay more attention to software.
If this "software-defined car" trend is difficult to understand, just look at your mobile phone. In the past, mobile phones have always been about hardware until the birth of the iPhone. New applications (App) and operating systems make mobile phones better and better.

At present, the car is still in the "flip phone" stage, but this situation is changing. Tesla pioneered the "over-the-air update", and now more automakers are doing the same, connecting their cars to the Internet.

Last week, Ford Motor Week announced a plan to improve the effective running time and efficiency of commercial fleets and reduce the cost of vehicles by fully utilizing the intelligent network technology from vehicles to the cloud. Investors are very optimistic about the news. Ford's stock price has risen 9% in the past week, while the Standard & Poor's 500 Index and the Dow Jones Industrial Average both rose about 1%.

Essentially, Tesla is removing sensors from cars and relying more on software. In contrast, traditional car manufacturers are also adding software, but they are not inclined to remove sensors and hardware.

This transformation is also accompanied by "growth troubles." Last week, Tesla's Model 3 electric car lost its Best Choice rating from Consumer Reports. Mainly because of its safety features and Tesla's decision to use only optical cameras when "other carmakers use radars and cameras."

Tesla is unlikely to go back on this decision. In fact, more automakers may adopt a similar approach to Tesla. The transition to "more software-centric cars" will have many impacts on how cars are designed and sold.

Kevin Clark, CEO of Tesla's power electronics component supplier Aptiv, said: “Tesla has not really focused on models for a long time. Tesla can increase power output through software and increase the range of electric vehicles. This can be achieved through software, as is the enhancement of in-car entertainment functions.

Obviously, this approach has produced tangible benefits. Tesla's gross profit margin is higher than that of BMW, although its scale is only 30% of BMW's. Clark said that the "software-defined car" trend is still in its infancy and there is still a long way to go.

Tesla is not just an ordinary car company but is going beyond to become a cult technology company in the world.

During the earnings report at the end of April, CEO Elon Musk set a new goal for electric car company Tesla - not only as an electric vehicle manufacturer but also entering the field of artificial intelligence to develop. into one of the most powerful AI software groups in the world.

" We've shown we can do things that other self-driving car companies can't. So if you look at the evolution of the technologies that we've developed, we develop them to solve problems. topic of self-driving cars ." Elon Musk told analysts.

" The software currently used to solve the problems of self-driving cars is still very rudimentary, so we wanted to build a team from the ground up and be able to grow into the most advanced AI team in the world. real world ." Tesla's head of technology said during the earnings call for the first quarter of 2021.
Elon Musk himself has been investing in AI for many years now. One of the most notable investments is OpenAI, a company he founded in 2015 with Sam Altman, Greg Brockman, Ilya Sutskever and Wojciech Zaremba.

OpenAI emerges as a leader in research and expanding access to AI technology. This is basically a non-profit organization, however in 2020 it becomes a company and partners with Microsoft to achieve new advancements, both in the language area with GPT-3 models as well as such as robotics and computer vision.

But Mr. Musk's vision goes beyond that. Combining artificial intelligence with self-driving capabilities also brings Robotaxis - a self-driving car-hailing service similar to Uber or Grab, but completely using self-driving cars and more cost-effective. Musk believes that Tesla can overcome the challenges of self-driving technology with only six cameras, machine learning technology and a computerized "brain" that can react at the speed of a human.

In addition, the company also continues to develop Dojo, a supercomputer for training AI self-driving cars on Tesla cars. Musk previously claimed that Tesla's Dojo supercomputer is capable of performing one exaFLOP, equivalent to 10 18 floating point calculations per second, making it the most powerful supercomputer in the world. It will be optimized for training artificial neural networks as well as equipping other companies.

According to foreign media electrek news, recent statistics show that Tesla Cybertruck electric pickups have been booked in excess of one million. This car will have three power configurations and will debut in November 2019. Consumers only need to pay a $100 deposit to book. Tesla President Elon Musk announced that the number of reservations for this car exceeded 250,000 within a week after its release.
Specifically, the single-motor version of Cybertruck only accounts for 7.5%, and the price is 39,900 US dollars (approximately 255,800 yuan); the dual-motor version is scheduled to account for 48%, and the price is 49,900 US dollars (about 319,900 yuan); 3. The scheduled amount of the motor version accounts for 44.5%, and the price is US$69,900 (approximately RMB 448,100).
Foreign media said that Tesla strives to start mass production of this car before the end of 2021, first to introduce dual-motor and triple-motor high-end models to the market, with a cruising range of 483 to 805 kilometers . However, Musk also warned that because Tesla is currently busy building a plant in Texas, the production of Cybertruck electric pickup trucks may be delayed and delivered in 2022.
Tesla recently sent a text message to Cybertruck’s bookers, stating that the car will start production at the end of the year, and Model 3 and Model Y are also recommended.

Entering 2021, disputes surrounding the development direction of autonomous driving technology have gradually subsided, and more and more manufacturers are more inclined to a variety of sensor fusion solutions instead of pure visual autonomous driving solutions in the past.

  Earlier, Tesla CEO Elon Musk mocked lidar sensors, believing that purely visual autopilot solutions are the future. But now there is news that Tesla is beginning to test autonomous driving technology equipped with lidar sensors.

  Recently, according to foreign media reports, Tesla Model Y is using Luminar lidar to develop autonomous driving technology. After the news was announced, Lidar company Luminar once rose more than 15% before the market on Monday.
According to reports, Tesla has signed a contract with lidar company Luminar for testing and development using laser sensor technology. As part of the agreement, Luminar sold the sensors used on the Model Y to Tesla.

  Tesla started testing the LiDAR technology solution, which may indicate that Musk's previous "pure vision" solution has been shaken. Musk previously stated on social media that "it's really stupid to put lidar on the car." He also believes that lidar is a "useless thing" in autonomous driving technology, and Tesla only needs to rely on vision technology.

  It is worth mentioning that the Polar Fox Alpha S Huawei HI version equipped with Huawei’s autonomous driving solution was released not long ago. This is the world’s first mass-produced model capable of autonomous driving in urban areas. Related road test videos have attracted netizens after being published on the Internet. Our appreciation has also triggered a surge in the autonomous driving sector in the capital market.

  It is understood that in addition to highly intelligent algorithm software, the Polar Fox Alpha S Huawei HI version is also equipped with 3 lidars, 6 millimeter wave radars, 12 ultrasonic radars, 9 ADS cameras, and 4 surround view cameras. Azimuth provides automatic navigation view. In addition, the car is also equipped with Huawei's self-developed chip with 400TOPs computing power.
From the perspective of vehicle owner safety, the "fusion scheme" of multiple sensors is obviously more reliable, because the pure vision scheme has limitations in some scenarios. For example, when facing strong light, the camera may not be able to identify obstacles ahead. The reason why Musk was not optimistic about the lidar solution before was because the high-end lidar is extremely expensive, which is not conducive to reducing vehicle manufacturing costs.

It was reported that a Norwegian court ruled today that Tesla limited the charging speed and battery capacity through software updates.

Unless appeals, Tesla will have to pay $16,000 each to thousands of affected car owners in Norway. In addition, other countries are also conducting similar legal proceedings, which means that Tesla may pay a higher price for this.
As early as 2019, it was reported that after the software update, the mileage of Tesla electric vehicles has dropped significantly, ranging from 12 to 30 miles. At that time, the affected models appeared to be limited to Model S and Model X equipped with 85 kWh battery packs, which were discontinued in 2016.

For most car owners, the reduction in cruising range is due to the upgrade to 2019.16.1 and .2 version software. One of the victims was David Rasmussen. He said at the time that the rated driving range of his 2014 Model S 85 was 247 miles, but it dropped to 217 miles after the software update.

Tesla responded to media reports at the time that the purpose of the software upgrade was to "protect the battery and improve battery life", which only caused "a small number of car owners" to lose the mileage.

But this has caused a lot of confusion for car owners affected by the update, who want to learn more about the sudden need to "protect" the battery pack. This led Tesla to encounter a series of lawsuits in different markets, demanding compensation for the losses of the car owners.

In Norway alone, there may be more than 10,000 Tesla owners affected by this update, which means that Tesla may pay a high price for this. More importantly, this may also set the tone for several other similar lawsuits, including one in the United States.

Wenzhou Automobile Engineering Society released the latest investigation report of the previous Tesla accident. Data from both China and the United States confirmed that the truth of the Wenzhou Tesla serial crash in August last year was that the owner mistakenly stepped on the pedal and turned the accelerator. The pedal is when the brake is stepped on.

It is worth mentioning that the official data transferred to the background of the car before the incident was obtained through the background of the Tesla headquarters (USA), and this was confirmed with the data of the EDR extracted from the accident car.

The official said that the background data can be changed in principle, but the EDR data cannot be changed.

(Vehicle EDR, full name Event Data Recorder, also commonly known as black box or collision recorder, refers to the car event data recording system, used to record the key data (speed, ABS, Status, seat belt status, etc.), and data of different control modules in the vehicle unit)

IT Home learned that on August 12, 2020, a Tesla Model 3 in Wenzhou suddenly lost control while driving, and then hit more than a dozen cars in a row before finally stopping. In this accident, the owner of the car, Mr. Chen, had his large intestine amputated by 30 cm and his waist was broken. Although he barely survived in the end, his life has changed drastically, and he was panting even after walking a few steps.

Mr. Chen told a media at the time that the Model 3 did not turn on automatic assisted driving at the time, and the vehicle suddenly lost control and accelerated. Although he performed emergency braking, it was of no use. He also said that he is an "veteran driver" with more than ten years of driving experience and will never make the mistake of "wrongly stepping on the brakes or the accelerator".

According to the official statement, as confirmed by data from China and the United States, the real situation restored is that the car owner's foot has not stepped on the brake pedal before the collision, but on the accelerator pedal, so the car is in a state of continuous acceleration.

It is said that at the time of Mr. Chen's accident in Wenzhou, Tesla hit a speed of 120 kilometers per hour. Mr. Chen said afterwards that his car's brake failed and smashed into the toll gate and rushed into the parking lot, causing the tragedy.

After the investigation results were released, Mr. Chen posted a video on a short video platform stating that at that time the testing agency could not identify whether the driver stepped on the accelerator by mistake or the quality of the car. The result of the appraisal was determined to be the wrong step on the accelerator, and the number of clicks was quite high.

The electric car manufacturer Tesla’s preparations for the construction of a plant in Germany were reported to have encountered obstacles earlier, and the UK was also considered before finalizing the establishment of the plant in Germany, but it was cancelled due to the instability of Brexit idea. Recently, foreign media discovered that Tesla CEO Elon Musk did not return to the United States directly after traveling to Germany. His private jet was tracked to the United Kingdom, which caused Tesla to reconsider rumors of building a factory there. It has been pointed out that the British Teesside and West Midlands have prepared an auction proposal involving 250 hectares of land in a very short period of time. The responsible department is the investment office established by the British government to attract overseas investors after Brexit. . Since this land auction did not have a public bidding list of companies, it makes the outside world think about whether it is related to Tesla, but this may also be an association of foreign media. Even so, there were rumors last year that Tesla did intend to build a factory in the UK, and even asked the local government to help find suitable land. As for the production of electric cars, batteries or other businesses, it is unclear. In fact, Tesla hired a new director of public policy and business development in the UK in April. No wonder foreign media think Tesla intends to invest in the UK.

It seems that thanks to Musk's 'assurance' statement, the Bitcoin price immediately recovered slightly to the threshold of $ 40000 (as of 0:00 on May 20), according to data of the exchange Binance.
In a tweet on Wednesday night (May 19, Vietnam time), Elon Musk posted the message "Tesla has a Diamond Hand". The tweet implies that the electric vehicle maker will not sell its $1.5 billion worth of Bitcoin, but instead continue to "hold" for a long time, according to CNBC.

Notably, the above tweet of Elon Musk came right when Bitcoin had a huge drop on the evening of May 19. At one point, the price of Bitcoin fell to the threshold of 30000 USD. However, it seems that thanks to Musk's 'assurance' statement, the Bitcoin price immediately recovered slightly to the threshold of $ 40000 (as of 0:00 on May 20), according to data of the exchange Binance.
Worth mentioning, Bitcoin's plunge to this price has wiped out nearly all of Tesla's profits since entering the crypto market (in case Tesla didn't sell any Bitcoins). In February 2021, Tesla then spent $1.5 billion to own 43,000 BTC, with an average purchase price of about $34,800. Just a few months later, Tesla's profits almost doubled when Bitcoin peaked at $64,000.

However, the sharp decline in the price of Bitcoin in a short time caused Tesla's profits to "evaporate" quickly. Even if Bitcoin's decline continues below $30,000, Tesla may fall into a "swing top". In fact, many crypto investors on the social network Twitter claim that Elon Musk's latest tweet is only to help Bitcoin reverse, indirectly helping Tesla's investment not to lose.

Earlier, on May 12, Elon Musk said that Tesla had suspended the purchase of cars with Bitcoin, because of concerns that the process of mining this cryptocurrency would have an impact on the environment. Immediately following this statement, $300 billion in crypto market capitalization was evaporated on the same day. Over the weekend, Elon Musk also hinted on Twitter about Tesla being able to sell Bitcoins that made the price of Bitcoin 'lower and lower'. Although Elon Musk later clarified that Tesla had no intention of selling Bitcoin, the cryptocurrency market went into a state of continuous decline in value.

Most recently, the Bitcoin drop took place on the morning of May 19 after it was reported that the People's Bank of China (PBOC) reaffirmed its stance not to accept any form of payment in cryptocurrencies. . It was this bad news that added a 'fatal punch' to Bitcoin, causing a series of investors to panic and sell.

Bloomberg reported that Tesla's sales in China fell last month due to a wave of criticism about the quality of its vehicles. However, the export volume of Tesla cars made in China is showing signs of increase as demand from Europe is gradually recovering.

Tesla sold 25,845 electric cars worldwide in April, down from 35,478 in March. Of which, 14,174 units were exported from the Gigafactory in Shanghai due to strong demand from the European market. .

Over the past few months, Tesla has faced many difficulties in the Chinese market. Accounting for 30% of Tesla's total global revenue, China is the company's second largest market, behind only the US. This is also the market that helped them post record-high first quarter deliveries.

The pressure on Tesla's already very good relationship with Beijing began to mount a few months ago.

In January, Chinese lawmakers spoke out about consumer reports of battery burns, and software update bugs in Tesla vehicles.

In March, Tesla came under scrutiny when the Chinese military banned the use of its vehicles due to safety concerns. A few days later, Musk appeared in a video saying that if Tesla used his car as a spy in China or anywhere, Tesla should be shut down.
Last month, Tesla became a target of state media and Chinese authorities after an angry customer complained about the brakes not working. Specifically, a woman climbed on a Tesla car during the Shanghai auto show to talk about this issue.

Currently, the Chinese side is considering applying new rules to require the data collected in Tesla vehicles to be stored in China.

Passenger car retail sales rose 12.4% in China last April compared to the same period last year, to 1.64 million units.

China's electric vehicle market is currently dominated by Tesla, SAIC-GM-Wuling Automobile Co. and BYD. In March, these three companies accounted for 55% of the market. However, that is only equivalent to 5% of the total Chinese car market share, which shows that the market is still in its infancy.

For now, Beijing still needs Tesla to push the electric vehicle market, but Tesla needs to be very cautious, "Le said.

Last year, Tesla led the electric vehicle market in terms of sales. But this year, they were defeated by the Hongguang Mini, produced by the SAIC-GM-Wuling Automobile joint venture.

That means Tesla may have to learn how to react more quickly to Chinese consumers. The company is known for its "grow at all costs" culture in Silicon Valley. In the US, that has led to complaints about rushing sales and poor service centers, and concerns about quality issues.

News on the afternoon of May 11, the Passenger Association today released a report on the analysis of the national passenger car market in April 2021.

It is worth paying attention to Tesla China. According to the data, Tesla's wholesale sales in China are 25,845. Although this result was better than that in January and February, compared with the wholesale sales of 35,478 vehicles in March, it dropped by 27.2% from the previous month.

In the domestic new energy passenger car market that month, SAIC-GM-Wuling’s 30602 vehicles ranked first in wholesale sales, and BYD’s 25450 vehicles ranked third.

Some friends may associate Tesla’s April sales decline with the “brake failure” rights protection incident. In fact, the large-scale fermentation of the incident took place at the Shanghai Auto Show in late April. Sales data in May and June may better reflect this. Inter-relationship.

However, a person familiar with the matter broke the news not long ago that Tesla's production capacity orders in the second quarter have been sold short. Instead of analyzing sales, it is better to wait for the final progress of the "brake failure" rights protection.

Not long ago, the market research organization EV Sales released the latest data. In the first quarter of 2021, the global automotive market reached 1.128 million new energy vehicle sales.

Among them, Tesla Model 3 topped the list with 126,716 sales, and won the title of sales, while the "national sacred car" Wuling Hongguang Mini EV ranked second with 96,674 sales.

It is worth mentioning that, with the exception of Tesla, the top five new energy vehicle sales in the world are all Chinese brands.

The third place on the list is the Tesla Model Y with sales of 56064 vehicles, the fourth is BYD Han EV with sales of 21,354 vehicles, and the fifth is the Great Wall Euler Black Cat with sales of 19,188 vehicles.

So, how about Tesla's sales in the Chinese market, which has been controversial due to various auto show rights protection incidents?

According to data from the Passenger Car Market Information Association (referred to as the Passenger Vehicle Association), Tesla's sales in the Chinese market from January to March this year were 15,485, 18,318, and 35,478.

Model 3 set a monthly sales record in China with 25327 sales in March, an increase of 85% from the previous month.

However, in an interview with the media, Cui Dongshu, secretary-general of the Travel Federation, said that Tesla's sales in China in April will inevitably decline, but this is not related to the auto show event, but is caused by the market's quarterly sales characteristics.

It is understood that since April is the first month of the second quarter, it is generally during the deployment period of manufacturers' orders and production. From the perspective of market rules, the delivery volume will also decline. In addition, Tesla will continue to export to Europe.

Let’s take a look at the latest developments in the rights protection incident at the Shanghai Auto Show. Yesterday (May 6), Anyang Women’s Car advocated that the lady submit a civil lawsuit. Ordered Tesla and other defendants to pay 50,000 yuan in compensation for mental damage.

In response to Ms. Zhang’s prosecution, Tesla responded this morning that we have always focused on product quality issues and fully promoted vehicles to carry out inspections by third-party authoritative institutions designated by relevant departments or under supervision, and strive to help Ms. Zhang return to normal as soon as possible. life.

But up to now, Ms. Zhang has not agreed to accept qualified third-party inspections designated or supervised by relevant departments, Tesla said.

Quality issues and consumer complaints about Chinese-made Tesla vehicles are becoming a PR disaster for the US electric vehicle maker. While Tesla's PR department has yet to be revived, CEO Elon Musk's Twitter account remains the primary source of user complaints - apparently, not a viable way to deal with these complaints. worldwide complaints.

Tired of not being listened to, some Tesla users in China were forced to choose the intricate way to corroborate their complaints: installing cameras to prove quality problems in cars are fault of Tesla.



It all started when a Chinese woman climbed the Model 3 roof in the Tesla booth at Auto Shanghai 2021 to protest a brake failure in her car. Her name is Zhang Yazhou.

While she attributed the accident to a brake error in the Tesla car, the Chinese subsidiary insisted that the accident was due to the car speeding.

While the Chinese authorities began to touch Tesla over the accident and demanded that the US company respect Chinese users and comply with local laws and regulations, some Tesla owners decided I intend to handle this problem myself and install the camera at the brake pedal to record how the brake is working.

The Chinese website Fast Technology has released several images showing the camera is pointing straight to the Tesla brakes. The website says Tesla owners don't want to be blamed by the company in the event of a crash due to a brake failure. These images not only pressured Tesla to resolve quality complaints, but also damaged its image in China.
Moreover, a Twitter user posted a clip showing a shopping mall in China refused to let Tesla car park in it because of a brake error. The security guard there asked the car owner to lock the vehicle before parking it here. There are also rumors that the city of Guangzhou is planning to ban Tesla cars, but the local authorities have denied this report. Last year, Tesla's Model 3 was China's best-selling electric car, hoping the company can solve this problem before it's too late.



Tesla has had another accident. Since the female car owner's rights defense at the auto show recently sent Tesla to the hot spot of public opinion, Tesla's car accidents have been exposed by netizens almost every day, and they have attracted attention. According to Tesla's domestic sales of 137,000 last year, such an accident rate is really a bit too high.

Today, there are users upload a video display, Suzhou, Taicang, Chaoyang Road, Shi-Fu farms, a Tesla rushed into the street, "Barbie bread shop", complete vehicle burst into the store, while the front of the store on the ground, injured Lying on the ground, the scene wailed constantly and the scene was tragic.

At present, the local fire department has also gone to deal with it. Regarding this matter, no further official statement has been issued, and we will continue to pay attention to this.

In addition, it is worth noting that at around 11:50 am on April 25, in Xiamen, Fujian, a woman, Zuo Moumou, while driving a Tesla in reverse, knocked down an electric car and injured a family of four on the electric car. Including mother, 7-year-old son, 3-year-old twin sons.

According to eyewitnesses, the Tesla was reversing at the time. When the electric car was passing by, the two cars collided. The rear wheels of the Tesla pressed the electric car, causing the four people on the electric car to fall to the ground.

In the evening of April 25, Tesla's official Weibo responded, explaining in detail what happened.

Which represents, arising from either Tesla is a Model 3, the vehicle data and the analysis of live video monitor, the vehicle speed at 11:49:55 increased from 8.4 to 17.5 km, and impinges Barrier cell, then The brake pedal was depressed, the car began to reverse at 11:50:03, and the accelerator pedal was depressed deeply after 3 seconds.

At this time, the vehicle travels backward at a maximum speed of 14 kilometers per hour until it stops at 11:50:07. Tesla emphasized that the vehicle had no brake system failure before the accident.

Source

Tesla’s official website shows that it will release the first quarter of 2021 after the US stock market closes on April 26, Eastern Time. After both production and delivery hit new highs, Tesla's performance in the first quarter of 2021 has also attracted much attention. Wall Street generally predicts that the company's revenue in the first quarter was $10.29 billion, an increase of 72% year-on-year. In contrast, the company's revenue for the fourth quarter of 2020 was $10.74 billion. In addition, Wall Street predicts that if it is not calculated in accordance with the United States General Accounting Principles (non-GAAP), Tesla's earnings per share in the first quarter of 2021 will be $0.79, an increase of 216% compared to the same period last year. Previously, on April 2nd, Tesla announced the first quarter of 2021 production and delivery both hit new highs and exceeded expectations. According to the data, the company produced 180,338 electric vehicles in the first quarter and delivered 184,800 electric vehicles, a year-on-year increase of 109% and a month-on-month increase of 2.2%. Among them, Model 3 and Model Y delivered a total of 182,780 vehicles, and Model S and Model X delivered a total of 182,780 vehicles. 2020 vehicles. For this year's output and deliveries, Tesla has not yet released specific data. However, the company expects that this year's car deliveries will increase by more than 50% compared to 2020. Foreign media said that the company's continued increase in the production of its new Model 3 and its new Model Y production line in its global factories are expected to become the main catalyst for vehicle deliveries this year

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