Deep Dive
Tesla's Ambitious Robotaxi Rollout
The Electric Viking discusses Tesla's claim that its robotaxi service will cover 70% of the U.S. population in two weeks. This follows a missed target of 50% coverage by 2025. Pilot programs are running in major cities like New York and Los Angeles. The rollout will initially involve Model 3s and Model Ys, with plans to include cyber cabs and vans.
Skepticism and Challenges
The Electric Viking expresses skepticism about the feasibility of Tesla's two-week timeline. He cites regulatory hurdles and technical issues, such as the need for clean cameras on self-driving cars. He compares the claim to a 'Trumpian promise' and doubts states will approve full self-driving capabilities so quickly.
Tesla's Sales Surge
Tesla's sales in Australia and China increased by over 40% in March, despite running out of stock. In Australia, Tesla's sales reached 7,260 units, primarily Model Ys. The Electric Viking notes that sales could have been higher if more stock was available. Hyundai also saw a 380% increase in EV sales in Australia.
China's Market Dynamics
Tesla delivered 358,000 vehicles globally in Q1 2023, with a strong production presence in China. Despite a shrinking Chinese car market due to removed incentives, Tesla's sales in China grew by 46% in March compared to February. This growth occurred even as the overall EV market in China stagnated.