Stellantis has issued a response to the UAW’s strike at the Sterling Heights Assembly Plant. The facility is among Stellantis’ most important as it produces the Ram 1500 pickup truck, arguably the most important model in the company’s lineup and one of the best-selling vehicles in the United States. On Monday, 6,800 workers at the…
Key Points 🏎️ Elon Musk, along with his son X Æ A-12, was seen at a Formula 1 race in Texas. 🚗 A Tesla Cybertruck was also spotted at the event, not far from Tesla’s Gigafactory in the state. 📷 Attendees captured photos and videos of Musk and X in the audience, watching the race.…
Key Points 🎃 Rivian has released a Halloween-themed software update for its electric vehicles. 🧟♂️ The update visualizes pedestrians as zombies and witches on the dashboard display. 📲 This is made possible through over-the-air (OTA) software updates. 🚗 The update is similar to past entertaining holiday upgrades by Tesla. 🔍 To unlock the Halloween theme,…
Key Points 💼 Tesla Energy is becoming one of Tesla’s most profitable divisions. 📈 In Q3 2023, Tesla’s battery storage deployments increased by 90% to 4.0 GWh, the highest quarterly deployment to date. 🏭 The growth is attributed to the ramp of the Megafactory in Lathrop, California, which produces the Megapack battery. 💰 Tesla Energy…
Key Points 💼 Electric truck manufacturer Volta Trucks has initiated bankruptcy proceedings in Sweden. 🚚 Volta Trucks had orders for more than 5,000 electric vehicles, but it’s uncertain whether these orders will be fulfilled. 📉 Volta Trucks cited challenges in the EV sector and difficulty raising capital, exacerbated by the bankruptcy of its battery supplier,…
Key Points 💔 The feud between Elon Musk’s social media platform, X, and the Anti Defamation League (ADL) has ended, with ADL acknowledging X’s efforts to combat antisemitism. ✅ ADL will resume advertising on X and hopes to collaborate with the platform to fight hate and extremism. 🚫 ADL denies orchestrating a boycott of X…
Key Points 📈 X CEO Linda Yaccarino stated that people are spending 14% more time on X, and video consumption on the platform has increased by 20%. 📱 Gen-Z is the largest and fastest-growing segment on X, with nearly 200 million users per month. 📊 X generates about 100 billion impressions daily and has about…
Key Points ⏰ The Boring Company’s engineer recruitment event in Texas lasted longer than planned, extending to about four hours. 🌐 The event focused on discussions about Prufrock, the massive tunneling machine, and its path to tunneling over 10,000 miles. 📸 The company shared photos from the event, showing attendees gathered around Prufrock III and…
Key Points 🚀 Elon Musk’s X platform has introduced an update aimed at competing with LinkedIn. 📰 Tesla Recruiting’s X account now allows users to view open job roles directly on their X profiles, making job searching and company recruitment more accessible. 👍 The X community has responded positively to the update, likening it to…
Key Points 💼 X CEO Linda Yaccarino expects the social media platform to become profitable in early 2024. 📈 About 1,500 advertisers have returned to X in the past 12 weeks, indicating a positive trend. 💰 90% of the top 100 advertisers have returned to X, which is a significant endorsement. 🕒 X’s user engagement…