Austin, TX
Tesla teases new vehicle in latest earnings report
Tesla’s next generation vehicle will be made in Austin, the company announced Wednesday.
The Austin-based company, which shared its fourth quarter 2023 earnings report Wednesday, teased that it would be making its next vehicle platform in Austin, but gave little detail beyond that.
The company listed the vehicle as “in development” in the earnings report but disclosed no real details on the vehicle itself, including what the price points, name or vehicle type would be. Tesla also did not mention a timeline for its launch.
“We are focused on bringing the next generation platform to market as quickly as we can, with the plan to start production at Gigafactory Texas,” Tesla said in the report. “This platform will revolutionize how vehicles are manufactured.”
On a call with investors Wednesday, CEO Elon Musk said more details on the platform will come later.
“Perhaps the most important competitive characteristic for Tesla in the future will be manufacturing technology and you will really see that come to bear with our next gen vehicle,” Musk said. “The first manufacturing location for this will be at our gigafactory and headquarters in Austin, Texas and then we will follow that up with other locations around the world.”
Tesla also warned that its growth rate “may be notably lower” in 2024 as it works towards launching the vehicle. In the report Tesla noted it is “currently between two major growth waves,” saying the next wave could be driven by its next-generation vehicle platform.
The warning came as competition in the electric vehicle market heats up. Chinese automaker BYD was the world’s largest seller of electric vehicles in the fourth quarter, unseating Tesla for the first time, according to a report by Reuters. During the fourth quarter BYD sold 526,000 vehicles compared to Tesla’s 485,000. However, Tesla still made the most electric vehicles overall in 2023.
The company also listed its second-generation Roadster sports car as “in development” on its earnings report. The new version, a successor to a limited production vehicle originally made from 2008 to 2012, has delayed production multiple times, but is available to reserve on Tesla’s website for an initial $50,000 reservation.
The new platform announcement follows a Wednesday morning report from Reuters that said Tesla was working on producing a new mass market electric vehicle codenamed “Redwood” in mid-2025. The report, which cited sources familiar with the matter, said the vehicle could be a compact crossover and production could begin in July 2025.
Musk has previously promised the company would work on more affordable electric vehicles, including a sub-$25,000 vehicle and self-driving robotaxis, which have yet to come to fruition.
Musk confirmed on the investor call the company expects to start production in the second half of 2025, but noted he is typically optimistic about timelines and it would include a lot of new “revolutionary” manufacturing technology.
Musk added that he wants the vehicles to start production in Austin because it “will be a challenging ramp,” and likely will have engineers sleeping and “living” on the production line to make it possible.
“We really need engineers to be living on the line,” Musk said. “This is not the sort of ‘off the shelf, just works’ sort of thing. I am confident that once it is going it will be head and shoulders above any other manufacturing technology that exists in the world.”
The company most recently released a new vehicle late last year when it delivered its first handful of its long-anticipated Cybertrucks. In its earnings report Tesla said it has ramped up capacity to build over 125,000 Cybertrucks a year in Austin.
The company noted in the earnings report it expects the production ramp up to be longer than other vehicles because of Cybertrucks’ “manufacturing complexity.” CEO Elon Musk has repeatedly warned of difficulties scaling up production for the vehicle and the company has not said how many it initially delivered nor how many it expects to in 2024.
Tesla also produces Model Y vehicles and batteries at its Austin gigafactory, Giga Texas. In the report Tesla said in now has capacity to produce 375,000 Model Y SUVs a year in Austin.
Tesla shares fell about 3% after hours as the company missed Wall Street expectations with the company reporting revenue of $25.17 billion in the fourth quarter, compared to the $25.6 billion expected by FactSet analysts. The revenue was a 3% increase overall from the same time last year.
The company had already released its fourth quarter and full year delivery and production numbers earlier this month, reporting that it delivered 1.8 million vehicles in 2023 including 485,000 in the fourth quarter. Deliveries are Tesla’s closest approximation to vehicle sales.
The earning’s report also comes as Musk demanded more control of Tesla this month if the company is to be a leader in AI or robotics. The CEO, who already has a number of other companies including SpaceX, xAI, Neuralink and The Boring Company, said he would rather focus on building products at another company if he doesn’t get his way.
Austin, TX
We Are Austin Hits the Red Carpet at the Texas Film Awards
We may be the “Lone Star State,” but several stars were shining bright at this year’s Austin Film Society Texas Film Awards and Hall of Fame event!
Last night, the Richard Linklater-founded film society rolled out the red carpet at Troublemaker Studios to honor the 2026 honorees and Hall of Fame inductees. Every year, this star-studded event honors the storytellers who have helped turn the city into a film hub.
Texas Film Awards honoree Sophie Chandler and her father, Kyle Chandler
The awards and gala are hosted by the Austin Film Society and serve as AFS’s biggest annual fundraiser, with proceeds aimed at supporting working filmmakers. Organizers say the night will celebrate this year’s honorees and how they represent Texas, while also marking a major milestone for a fan-favorite franchise, “Spy Kids.”
“Spy Kids” Director Robert Rodriguez, Producer Elizabeth Avellán, and cast Alexa PenaVega and Daryl Sabara.
Austin, TX
Austin police released officer-work body cam video after Sixth Street mass shooting
AUSTIN, Texas — Austin police say they are still investigating whether terrorism played a role in the Sixth Street mass shooting, describing it as a possible motive that remains under review.
On Thursday, the Austin Police Department released officer-worn body camera footage from the night of the shooting and played recordings of emergency calls placed in the moments after gunfire erupted early Sunday morning.
“Hello, this is Austin 911. There has been a shooting at Buford’s on Sixth Street. There are people dead,” a caller told dispatchers in one of the recordings. Authorities say numerous calls flooded the 911 center after a gunman opened fire, killing three people and injuring more than a dozen others.
Police Chief Lisa Davis said some of the footage investigators reviewed shows the suspect firing into a crowd, but those images are too graphic to release publicly. “Any video showing the suspect firing his pistol into the crowd is too graphic to show, and we will not be showing that publicly,” Davis said.
RELATED| APD releases bodycam footage, 911 calls from West 6th Street mass shooting
According to investigators, the suspect was driving on West Sixth Street toward Rio Grande Street when he stopped in front of Buford’s and fired into a crowd with a semi-automatic handgun. Body camera footage from responding officers captures the chaotic moments as police and bystanders reacted to the gunfire.
“I am with you,” one officer says in the video before shouting, “AR-15. AR-15. Down! Everybody down!”
Police say not all of the victims were inside the bar when the shooting occurred.“One of the victims was outside of Buford’s waiting for an Uber,” I said during a news conference. Chief Davis agreed that the victims were spread out. “These were not all the people who were in the bar,” she said. “Sixth Street is an entertainment area from east to west. It is an entertainment area. People come to walk along Sixth Street.”
Surveillance video shows the suspect later parking a black SUV, getting out with an AR-15-style rifle, and shooting a pedestrian. By that point, officers had already been dispatched and arrived 57 seconds after the first emergency call, police said. Investigators say the suspect then fired toward officers.“The suspect discharged his weapon at the direction of the officers. The three officers discharged their firearm, striking him multiple times,” Davis said. Body camera footage from the scene caught officers asking, “Where is he? Who shot them?” before additional gunfire is heard.
City leaders say the officers’ rapid response helped prevent further loss of life. Meantime, investigators are asking anyone with video or photos from that night to share them with them.
Austin, TX
Austin Police Department updates procedures after controversial deportation
AUSTIN, Texas — An update to the Austin Police Department’s (APD) procedures outlines that officers are not required to contact U.S. Immigration and Customs Enforcement (ICE) when a person is found to have an ICE administrative warrant if they have no other arrestable charge.
The update follows a controversial deportation from January, when a woman’s disturbance call to APD led to her detainment, alongside her 5-year-old child, who is a U.S. citizen.
The incident led to questions from the community regarding the way APD is supposed to interact with ICE.
In a March 4 memo, APD Police Chief Lisa Davis said that the directives provided by ICE administrative warrants could be confusing in their wording.
According to Davis, officers have not historically regularly encountered administrative warrants while using the National Crime Information Center database, which is used to conduct identity checks. However, in 2025, federal agencies began entering a large volume of administrative warrants into the system.
According to the memo, administrative warrants are formatted in a way that looks similar to criminal warrants in the system.
The APD General Orders have been updated to clearly define the difference between criminal warrants and ICE administrative warrants, as well as specific instructions for how ICE administrative warrants should be handled moving forward.
“APD recognizes the sensitivity of this issue, not only within our city but across the nation. These policies were updated to provide clarity to our officers, ensure compliance with state law, and maintain officer discretion guided by supervisory oversight and operational consideration,” Davis said in the memo.
The updated procedures instruct officers to contact their supervisor when a person is found to have only an ICE administrative warrant, but no other arrestable criminal charge. From there, the officer or their supervisor may contact ICE, but is not required to.
“Austin Police and City of Austin leadership share a paramount goal for Austin to be a safe city for everyone who lives, works, or visits here,” Davis said in the memo. “We particularly want to ensure that anyone who witnesses or is the victim of a crime feels secure in contacting the police for help.”
According to the memo, the entire APD staff will be required to complete new training regarding these updates.
“In concert with the policy updates, APD is launching a public webpage to help people understand their rights and provide links to resources available from the City of Austin and community organizations, such as Know Your Rights training,” Davis said in the memo. “The webpage will also include information on the option of using APD Victim Services as an alternative to calling 9-1-1, when appropriate, and links to all general orders and policies related to immigration.”
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