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Akin to a tongue-in-cheek iteration of "he loves me, he loves me not," Tesla's near-term narrative is currently being dominated by the following speculative reverie: "Will there be a Model 2, or will there not?"
Reuters published a highly contentious report in early April, disclosing Tesla's apparent willingness to abandon its upcoming cheaper Model 2 in the face of serious competition from China. While Elon Musk quickly clamped down on the veracity of Reuters' reporting, this did not stop educated conjecture as to the fate of the $30,000 Model 2. The same day, in an apparent attempt to halt Tesla's share price slide, Musk announced that the EV giant's much-delayed robotaxi will be unveiled on the 08th of August, 2024, with the vehicle expected to leverage the same platform as that of the Model 2.
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This brings us to the crux of the matter. There appears to be a growing chorus at Wall Street that the robotaxi is a 2030 story, lacking any immediate financial implications. As we noted in a previous post, Bernstein analysts have already termed the robotaxi an "aspirational" move for now.
Today, Wedbush's Dan Ives has joined this growing chorus, noting that if the robotaxi were to replace the Model 2 as Tesla's panacea of sorts, if would be a "debacle negative" for the Tesla story.
According to Ives, around 60 percent of Tesla's growth in the next few years will be sourced from the Model 2, as the sub-$30,000 price point drives another leg of EV mass adoption cycle.
In contrast, Wedbush does not expect truly autonomous vehicles before 2030. Of course, this timeline makes sense, given the plethora of regulatory and legal hurdles in the path of autonomous mobility.
Interestingly, Wedbush's view on robotaxis mirrors that of Morgan Stanley's, whose analysts expect material commercial scaling of this revenue stream only after 2030 and beyond.
Of course, analysts are now looking toward Tesla's earnings call on the 23rd of April to gain further clarity vis-a-vis the fate of the Model 2.
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Fallout's popular TV show is full of mysteries that the show doesn't really explain, ranging from who actually dropped the first atomic bomb, to what the heck the Snake Oil Salesman's serum actually is. Another mystery that the Fallout TV show throws up is the location of the Brotherhood of Steel's headquarters, but one fan thinks they may have figured it out.
Fallout is a show totally committed to its world. This instinct goes deeper than just embracing the irreverent tone, lore, or story of the games the Prime Video series adapted. Instead, it’s about making the terrain of Fallout’s Wasteland feel lived-in and real — right down to making the gadgetry actually function.
Fallout hype is truly inescapable at this point, with the TV show driving popularity and Fallout 4 even getting its long-awaited next-gen update (even if the latter has been considered rather disappointing by many). One way or another, everyone is trying to live their best post-nuclear apocalypse life right now, and this enormous mod for Fallout 4 looks like it'll enable us to do just that.
Helldivers 2 is an extremely popular game, far more than probably either Arrowhead or Sony hoped for. That said, it isn't perfect, and the developers are well aware of that.
10 best Lenovo laptops: Lenovo offers a diverse range of laptops that are quite popular for their reliability, performance, and innovative features and the price point does not pinch too much either. Also, if you are seeking a balance between performance and portability, you can try Lenovo laptops. If you are confused about which laptop to choose, don't worry, as we have made a list of the 10 best Lenovo laptops along with their specs and features. Take a look at the list and choose the best one for you. Remember, choose wisely as buying a new laptop is a big decision and it means that you will be stuck with the machine for at least a couple of years and if it does not meet your requirements, it will be more or less useless.
The first season of the critically acclaimed adaptation Interview with the Vampire was a huge hit with fans of Anne Rice’s beloved novel. As it heads out for its sophomore season, executive producers Rolin Jones and Mark Johnson promise SFX magazine that something even bigger is in store for season 2.
Every time Elden Ring challenge runs seem to have reached their peak, someone comes along to set the bar even higher. For streamer Silithur, who recently beat the RPG using nothing more than a Morse Code input, however, beating the Elden Beast was just one part of an immensely cathartic double whammy involving none other than Elon Musk.
Apple has long been criticized for offering a meagre 128GB as base storage capacity on its iPhone. Even the $999 iPhone 15 Pro features 128GB storage as standard. Owing to flak from consumers, the iPhone maker may be changing its strategy. A new leak suggests that with the iPhone 16 series, the Pro models may feature 256GB storage as standard, which, if true could be a highly appreciative move.
Apple’s iPhone 16 range is rumored to arrive with multiple hardware upgrades to boost its AI capabilities. However, analysts are still skeptical of the launch, predicting that a limited artificial intelligence features set is expected to arrive later this year. However, for those who have intended to skip a purchase in 2024, 2025 has some notable internal changes arriving with the iPhone 17 lineup, likely boosting its AI-related functionality. Let us take a look at more details here.
Is your Android phone refusing to charge? Don't panic. Solutions are at hand! This is a pretty common problem on Android phones, and there's usually a pretty common solution, too. Stick with us to get to the root of this problem and get your phone charging again.
Garena Free Fire MAX Redeem Codes for April 11: Garena Free Fire MAX is a battle royale game where players need to survive till the end and become the winner. This can be done in two ways - by playing solo or with a squad. While having items like gloo walls, grenades and weapon skins can give your gameplay a boost, it is crucial to know the best tips and tricks for playing the game and getting a victory.