“”Department of War” is the honest name. Should be changed back…” – Elon Musk (@elonmusk)
■ TESLA ($345.98, -1.04%):
– The big August 29th announcement from Tesla Australia/New Zealand is the launch of FSD. This marks the first right-hand-drive (RHD) country to receive the feature. It will start rolling out to AI4 equipped vehicles via the 2025.32 software update (FSD versions 12.6.4 and 13.2.9) for select Early Access Program participants.
– It is also being said that Tesla will announce the Model Y Performance soon. Keep your eyes peeled.
– Tesla’s VP of Finance, Sendil Palani (@sendilpalani), at the Tesla Store in Reykjavik, Iceland.
Per Sendil, “We’re making Tesla ownership even more accessible with the new Pre-Owned Lease. Teslas are designed to be simple and easy to maintain, while also technology-rich. Therefore, the intrinsic value of a Pre-Owned Tesla is often very high, relative to its market value. Bottom line: A three (or more) year old Model 3/Y is an awesome value, even if the vehicle has a lot of miles on it. It offers most of the features that make our vehicles great, is still improving via software updates, and can be purchased (or leased!) at a low price.”