💰 BYD, a competitive Chinese automaker, has launched the Seagull EV, priced under $10,000, in the Chinese market. 🇨🇳 Despite BYD’s current lack of plans to enter the U.S. auto market, concerns arise over the potential impact of affordable mass-market EVs like the Seagull in North America. 🚗 Many U.S. automakers, including Tesla, are striving…
💡 Elon Musk suggests that Tesla’s Full Self-Driving (FSD) Beta and Autopilot systems will see rapid improvements soon. 🚗 Tesla is no longer constrained by AI training compute, potentially leading to accelerated advancements in its driver-assist systems. 🎉 Musk’s comments on Tesla’s AI capabilities have sparked excitement among electric vehicle enthusiasts. 🖥 Tesla’s pursuit of…
💡 Elon Musk announced Neuralink’s next product, Blindsight, designed to restore vision for people who are blind. 🧠 Neuralink aims to read and write signals from the brain to restore vision and potentially communicate with the nervous system. 📆 Neuralink’s focus on restoring vision was highlighted during a Neuralink Show & Tell event in 2022.…
💰 Tesla (NASDAQ:TSLA) has experienced significant pressure in 2024, evidenced by a 4.54% drop in its stock price on Wednesday. 📉 Year-to-date, Tesla has become the worst-performing stock in the S&P 500 index, with a decline of about 31%. 📊 This drop in Tesla’s stock value has led to CEO Elon Musk becoming the world’s…
🔥 Elon Musk visited Tesla Giga Berlin following an arson attack, power outage, and production halt. 📢 Musk offered words of encouragement and love to Giga Berlin employees during a staff meeting. 🇩🇪 Musk expressed determination, stating “They can’t stop us,” and showed appreciation by saying “I love you” in German. 🌳 Residents and environmentalists…
💬 Elon Musk’s xAI company is set to open-source its first language model, Grok, this week. 🤖 Grok is an AI language model developed by xAI, directly competing with OpenAI’s ChatGPT. 📉 Musk has been critical of OpenAI for deviating from its original non-profit, open-source mission, particularly due to partnerships with Microsoft and other funding…
🔜 Tesla CEO Elon Musk is reported to visit Giga Berlin-Brandenburg this week, according to a recent report from Germany. 🤝 Musk is expected to meet with officials, including Brandenburg Prime Minister Dietmar Woidke and Economics Minister Jörg Steinbach, during his visit. 🏭 Musk’s itinerary reportedly includes a visit to Gigafactory Berlin-Brandenburg, which recently resumed…
💼 Rivian is in discussions with the state of Illinois regarding a new incentive arrangement. 🚗 The discussions follow Rivian’s decision to produce its upcoming R2 SUV at its factory in Normal, Illinois, instead of a planned facility in Georgia. 💰 The Illinois Department of Commerce and Economic Opportunity (DCEO) is finalizing details of the…
💼 Lawyers in Elon Musk’s Delaware pay case have requested legal awards of 29 million Tesla shares, valued at almost $6 billion. 📉 Musk’s pay package at Tesla was rejected by a Delaware court in late January, leading to the current legal dispute. 📃 Lawyers argue that they deserve Tesla shares as legal fees, directly…
💔 Apple’s cancellation of its electric vehicle project, “Project Titan,” has elicited a range of reactions across the tech sector. 🚗 Despite ten years of development, rumors of more “realistic” goals, and plans to enter the automotive industry, Apple has abruptly abandoned its EV ambitions. 📉 Analysts and industry experts like Dan Ives suggest that…