The beginning of the 21st century marked a bright new era for the automotive industry where car demands peaked and with every innovation made, there has not been an alarming decline in the demand as the needs of the people change and every new automobile that comes out caters to that need.
The big names of the carmaking industry have created an almost impenetrable bubble of competition that intimidates new contenders in making a new for themselves in fear of being swallowed by one of those giants. But Tesla managed to climb its way up the success ladder, joining the top tier with their unique ways and the intention to change the world.
Tesla CEO Elon Musk divulged a master plan on the company website that basically sums up the general vision of the company. Now, Musk has been ticking off boxes on that master plan as new Tesla technologies emerge, making it all a reality in less than ten years.
Tesla has set an example on the transition to fully-electric cars and integration on a self-driving software that will make for a safer driving experience. The company has also begun its workings on a new battery formula focused on clean and ethical procurement of raw materials, improve the state of the battery, and increase mileage range at the same time. Tesla is also revolutionizing clean energy consumption. Here are among the few of the anticipated technological advancements of Tesla that are expected to come to reality in a couple of years.
Tesla has already been putting the autonomous driving software chip in their cars for years now. Pretty soon, car owners will be a part of the ride-sharing network Robotaxi, run by self-driving technology. They are currently working on an FSD (full self-driving computer) which will be valued at more than 100,000 dollars if Tesla completes the design. With that, the venture is attracting investments left and right. The selling price for the package is now at 8,000 dollars which will generate revenues for the owner. Robotaxi will consequently reduce taxi fares due to inexpensive technology. Telsa opted for the old-fashioned camera and sensors instead of the high-end yet flawed LIDAR software.
There has been much news on Tesla’s battery changes. From opting to go cobalt-free to having a completely new formulation, the company is going the extra mile to ensure the efficiency of the integration of these new batteries to the new upcoming models. Tesla has patented a new chemical blend of “single crystal nickel-cobalt-aluminium electrode” for batteries just recently for both the EVs and Tesla energy. Another is the Lithium ion and metal hybrid cell where the lithium ion polymer is combined with the Lithium metal plus a range extender. Basically, Musk has many cards up his sleeve for battery innovation because the material plays a vital role in both of Tesla’s business ventures.
Tesla is adored in China. The largest Asian country in economic status has the biggest market potential for a car maker. Musk disclosed plans of manufacturing a completely new model in the Gigafactory in Shanghai which will be the cheapest Tesla in the world. Days after, speculations have swirled around the internet, even a never-before-seen picture of a compact car. There is no official name for it yet, but people have started referring to it as Model 2. The price difference will be around more than 10,000 dollars lesser than Model 3. A product design center is also said to open in Europe, along with the Giga Berlin.
Tesla Energy is working on global service distribution that might even surpass the success of its automotive sibling. It also paves the way for an opportunity for EVs to be connected to the grid directly - a new option apart from the million mile battery. Autobidder is being used in the US and Australia, and there are expansion plans to Europe. Cleaner energy consumption will be realized as the utilization of renewable energy is maximized.
“Autobidder provides independent power producers, utilities, and capital partners the ability to autonomously monetize battery assets. Autobidder is a real-time trading and control platform that provides value-based asset management and portfolio optimization, enabling owners and operators to configure operational strategies that maximize revenue according to their business objectives and risk preferences.”
- Tesla Company Website
From sedan, sports car, pick-up truck, and cargo trucks, Tesla is making their own versions of every vehicle type there is. With the projects of the Boring Company, Tesla can now begin planning commercial buses and vans that travel to and from California. Boring Company has also been granted approval to dig their highway tunnel that runs from California to Ontario Airport. Only EVs with rubber wheels can pass through the 2.8-mile tunnel. No confirmation regarding this project has been officially announced yet. But with Tesla, it won’t come as a surprise. One simply cannot tell Elon Musk ‘no’.