Price cutting continues to hurt the company’s gross margins in the second quarter, but revenues are up nearly 50 percent year over year.
for EV charging. Ford was first to announce plans to adopt Tesla’s more streamlined EV connector, followed by GM, Rivian, Polestar, Volvo, Mercedes-Benz, and Nissan. NACS is now on its way to becoming the de facto EV charging standard for North America.
Musk provided updates about the long-delayed Cybertruck, revealing that the polarizing pickup will be under 19 feet long and compact enough to fit in a 20-foot garage. He also touted the company’s controversial Full Self-Driving software, revealing thatHe made his standard predictions about Tesla’s ability to achieve fully autonomous vehicles, claiming the system would be “better than a human” by the end of 2023.
“I know I’m ‘The Boy Who Cried FSD’ but I mean, I think I think we’ll be better than humans by the end of this year,” Musk said, adding, “I’ve been wrong in the past, I may be wrong this time.”
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