🚢 Around 45,000 port workers from Maine to Texas went on strike due to stalled contract negotiations. 📉 The strike is significantly impacting automotive shipments, among other goods, like food and retail items. 💰 The USMX proposed a 50% wage increase, which the ILA rejected, calling it unacceptable. ⚓ The ILA strike affects key ports…
🚗 Hyundai Motor and Kia signed a Memorandum of Understanding with the Misk Foundation to tap into Saudi Arabia’s talent pool. 🌍 The partnership aims to develop leadership and innovation skills in young Saudi leaders, contributing to a knowledge-based economy. 📚 The Misk Traineeship Program will provide international learning opportunities for young Saudis to gain…
🚗 Tesla Model 3 crowned as UK’s most efficient EV after being tested by What Car? 🔋 The test involved the Tesla Model 3 RWD and 11 other electric vehicles, including a 9-year-old Tesla Model S. ⚡ The Tesla Model 3 RWD averaged 4.4 miles per kWh, outperforming other models like the Audi Q6 e-tron.…
🇻🇳 Geely plans to establish an assembly plant in Vietnam, aiming to produce 75,000 vehicles annually. 🤝 The project involves a joint venture with Vietnam’s Tasco Joint Stock Company, with a $168 million investment expected. 🌐 Geely aims to expand its local supply chain and create an automotive R&D center in Vietnam. 🇨🇳 Geely’s strategy…
🚗 Tesla is returning to the Paris Motor Show in 2024 after a six-year absence. 🏆 Tesla plans to showcase its entire vehicle lineup, including the Model Y, Model S, and reengineered Model 3. 🚙 The Cybertruck is expected to be a major highlight at the event. 🤖 Tesla’s humanoid robot, Optimus, will also be…
🇿🇦 President Ramaphosa met Elon Musk in the US to discuss investment opportunities in South Africa. 🌍 The South African government is interested in introducing Starlink to improve internet access in rural areas. 🏢 Discussions with Musk hold potential for significant business innovation in South Africa. 🚀 Starlink is currently awaiting regulatory approval to launch…
🏢 Elon Musk’s social media platform, X, has relocated its headquarters to Bastrop, Texas. 🤝 Texas Governor Greg Abbott highlighted X’s relocation in a post on the platform. 📰 The move was initially reported by Forbes, which identified a leased property in Bastrop for the new headquarters. 🚀 Elon Musk’s other companies, including The Boring…
🏆 Elon Musk will present a Global Citizen Award to Italian Prime Minister Giorgia Meloni in New York. 🤝 Musk and Meloni have scheduled a separate meeting to discuss potential investments in Italy’s AI and space sectors. 🌍 The award ceremony coincides with the conclusion of the UN General Assembly meetings in New York. 🚀…
🚗 Tesla’s upcoming Robotaxi event is generating significant investor interest, especially concerning the potential details of the rumored $25,000 EV. 📈 The Robotaxi event holds the potential for significant market growth and could impact Tesla’s stock positively if executed well. 🤖 Tesla’s lead in the self-driving race against competitors like Waymo is a focal point…
🚗 Tesla’s Actually Smart Summon (ASS) is a feature that autonomously parks and retrieves the vehicle via the Tesla App. 📏 The latest improvement extends the operating range of the Summon feature to 328 feet. 📱 For Summon to function, a phone must be within 279 feet of the car; otherwise, speed is limited or…