Tesla revamps in-house vinyl wrap service with better pricing

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Tesla is revamping its vinyl wrap service with better pricing just a few months after quietly discontinuing what it previously offered.

In September, Tesla eliminated 80 percent of its in-house wrap options for the Cybertruck in a move that seemed to limit available colors to the most popular.

On Friday, December 13, Tesla launched a new vinyl wrap service for the Cybertruck, as well as the Model 3 and Model Y, pricing the new service at between $4,000 and $4,500.

Tesla writes on its website:

“Customize your Tesla with a vinyl wrap. Available in a variety of colors, textures and patterns, these wraps are made from polyvinyl chloride, making them extra durable, versatile and removable. Choose between matte, satin and gloss finishes. Hand-wash only.”

Interestingly, there is no dropdown menu to select a color, only the finish. This likely means Tesla will be able to supply basically whatever the customer could want. On its website, it shows various screenshots of each vehicle in a variety of colors.

Here are a few Tesla is showing on the website:

The Cybertruck wraps are priced at $4,500, while the Model 3 and Model Y are $4,000.

Tesla has typically only offered a handful of colors with its paint, only expanding to wraps recently. The launch of the wrap service came as the Cybertruck became more readily available, and as it was available only in its stainless steel finish, customization was something many owners requested.

The wrap service is also only available in a handful of locations. Currently, Tesla will only make it available in the following Service Center locations:

  • Costa Mesa, CA
  • Oceanside, CA
  • Santa Clara, CA
  • West Covina, CA
  • Seattle, WA

It is also only available on Model 3 and Model Y vehicles built during model year 2023 and older.

Teslarati also offers its own in-house wrapping service! You can check it out here!

Need accessories for your Tesla? Check out the Teslarati Marketplace:

Please email me with questions and comments at joey@teslarati.com. I’d love to chat! You can also reach me on Twitter @KlenderJoey, or if you have news tips, you can email us at tips@teslarati.com.

Tesla revamps in-house vinyl wrap service with better pricing





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Tesla bull ARK offloads over 51,000 shares amid stock run up

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Tesla bull ARK Invest offloaded over 51,000 shares of the electric automaker on Wednesday night after the company’s run on Wall Street continued.

ARK sells Tesla shares to equal out the concentration of certain securities within its ETFs. The sale is not a statement that the company is ready to unload what it has to take a profit.

The sale came out of ARK’s Innovation ETF, known as ARKK. On Wednesday night, it was one of two moves the firm made in the portfolio, along with the purchase of 348,733 shares of Tempus AI.

ARK Invest’s Cathie Wood predicts Tesla’s fivefold growth in the next 5 years

To be exact, ARK sold 51,335 shares of Tesla on Wednesday night, making up 0.3052 of the ETF. Based on the closing price from Wednesday, the sale was worth roughly $21,805,500.

ARK is one of Tesla’s biggest bulls. Apart from Wedbush and Morgan Stanley, ARK is perhaps the most bullish firm out there that covers Tesla.

Recently, the firm broke down its expectations for the robotaxi fleet that will coincide with the Cybercab that Tesla unveiled in October. ARK said it expects the “multi-trillion dollar” opportunity to dominate competitors like Uber and Lyft:

“In our view, Tesla should enjoy a price umbrella at its robotaxi launch, thanks to the high level of current ride-hail prices, as shown below, while leveraging a lower cost per mile than the average vehicle on the road. Why? The operating costs associated with electric vehicles are roughly one-third those of their gas-powered counterparts.4 Without safety drivers, Tesla has suggested that, at scale, its robotaxi rides will cost consumers only $0.30-0.40 cents per mile,5 slightly higher than ARK’s estimate of ~$0.25 per mile but well below current ride-hail costs of ~$2 per mile and personal car ownership costs of ~$0.70 per mile.6 Lower price points could unlock ~$11 trillion in revenue potential, ~80 times larger than the addressable market that Uber and Lyft target today, as shown below.”

Tesla shares are trading at around $420 on Thursday.

Need accessories for your Tesla? Check out the Teslarati Marketplace:

Please email me with questions and comments at joey@teslarati.com. I’d love to chat! You can also reach me on Twitter @KlenderJoey, or if you have news tips, you can email us at tips@teslarati.com.

Tesla bull ARK offloads over 51,000 shares amid stock run up





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Tesla stock closing the year off strong 

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Tesla (NASDAQ: TSLA) stock appears to be closing the year off strong. As of the market close on Wednesday, December 11, 2024, TSLA was up by almost 6% at $424.77. 

On Wednesday, Tesla stock set a new record, beating its previous record close of $409.88.  According to the Motley Fool: “Tesla stock is sitting on a year-to-date return of 56%.”

Tesla saw its stock price rise after President-elect Donald Trump’s win. The incoming Trump administration is expected to ease regulations on technologies like Tesla’s Full Self-Driving.

If you have any tips, contact me at maria@teslarati.com or via Twitter @Writer_01001101.

Tesla stock closing the year off strong 





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