Key Takeaways A man counter-protesting an anti-Elon Musk rally in Idaho was struck by a vehicle driven by a “Tesla Takedown” movement member. The incident involved a 70-year-old who made an obscene gesture before hitting the pro-Donald Trump supporter. Meridian Police Department emphasizes respecting the right to protest without resorting to violence. Media outlets are…
Key Takeaways New legislation in New York aims to revoke Tesla’s direct sales permits, limiting the company to its five existing stores. The bill, introduced by Democratic State Senator Patricia Fahy and Assembly Member Gabriella Romero, seeks to foster competition and innovation. Fahy specifically targets Tesla CEO Elon Musk, criticizing his ties to the previous…
Key Takeaways Hundreds of anti-Musk protests are planned at Tesla locations globally, aiming for a significant protest day. The “Tesla Takedown” campaign is organizing over 500 worldwide protests, motivated by Musk’s involvement in the Trump administration. Organizers encourage boycotting Tesla by selling off cars and stocks to diminish Musk’s influence and wealth. Some protests have…
Key Takeaways Elon Musk announced the merger of xAI and X, creating a single entity with combined capabilities. xAI is valued at $80 billion, while the social media company X is valued at $33 billion in this deal. The merger is an all-stock transaction, where X investors receive xAI shares. Musk aims to combine xAI’s…
Key Takeaways Tesla is the overall best-rated car brand in the UK according to a survey by HonestJohn.co.uk. More than 6,000 respondents participated in the survey, rating cars on efficiency, reliability, practicality, safety, comfort, and performance. Tesla achieved a high satisfaction index rating of 89.41%, outperforming Lexus and Porsche. Critics previously questioned Tesla’s reliability and…
Key Takeaways Tesla unveiled the Model Y RWD 110 in Singapore, specifically tuned for Category A COE rules. The Model Y RWD 110 adapts the Model Y’s power to 110kW from 255kW, making it eligible for cheaper COE like the prior Model 3 adaptation. Category A COEs are targeted at mass-market cars, offering lower premiums…
Key Takeaways Tesla benefits from Trump’s tariffs as its U.S.-based production shelters it from the direct impacts felt by other automakers. Tesla’s production for the U.S. market occurs entirely in California and Texas, avoiding the newly imposed tariffs on foreign vehicles. Tesla’s stocks rose following the tariff announcement, highlighting its advantageous market position. Analyst Itay…
Key Takeaways Trevor Milton, founder of Nikola Motor, has been granted a full pardon by President Donald Trump, a significant and unexpected development. The pardon is presented as part of President Trump’s promise to end what he describes as the political weaponization of the Justice Department. Milton had been serving a four-year prison sentence after…
Key Takeaways A Tesla repair center in Las Vegas was set on fire, resulting in the arrest of 36-year-old Paul Kim, who is charged with arson and possession of an explosive device. The attack at the repair center involved multiple Molotov cocktails and firearms, according to Sheriff Dori Koren. The incident reflects a growing trend…
Key Takeaways President Trump’s 25% tariff on non-U.S.-made vehicles impacts Tesla due to parts sourced abroad. CEO Elon Musk confirmed the tariff will affect Tesla’s costs and emphasized that these effects are considerable. Trump acknowledged Musk’s close collaboration with his administration but noted Musk’s neutrality regarding the tariff decision. Trump argued that having Tesla’s production…