🚗 Trump administration plans to create a federal framework for self-driving vehicles to prioritize the sector during the upcoming term. 🤖 Elon Musk has been appointed as a co-leader of the Department of Government Efficiency, which aims to streamline government bureaucracy. 🛣️ Efforts are being made to ease U.S. rules for self-driving cars, with an…
🚗 CATL Chairman, Robin Zeng, expressed doubts about Tesla’s 4680 battery cell, suggesting it will not be successful in the long term. 🤝 During a meeting in Beijing, Zeng told Elon Musk that Tesla is better equipped for other technologies than battery cells. 🔋 Tesla announced the production of its 100 millionth 4680 battery cell…
🤖 Tesla launched a 1:10-scale Optimus robot action figure with over 40 parts and 20 articulation points, selling out in under 24 hours. 📦 The action figure includes a mini charging stand and a Cyberhammer, marketed as a “mini autonomous assistant.” 🏷️ Tesla showed the Optimus robot at its AI Day in 2022 and plans…
🔋 Tesla has powered on a 125 MW/250 MWh Megapack project in Texas to help stabilize the state’s energy grid. 🤝 The project operates in partnership with the Electric Reliability Council of Texas (ERCOT), enhancing grid stability and managing increasing energy demands. 🌍 Tesla continues global deployment of Megapack batteries, securing contracts for 15.3 GWh…
🚗 Tesla’s largest production facility is in Shanghai, China, contributing significantly to its quarterly deliveries and profits. 🔋 Robin Zeng, CEO of Tesla’s key battery supplier CATL, questioned Elon Musk’s understanding of battery technology and criticized the 4680 battery tech as a failure. 🗣️ Zeng expressed concerns over Musk’s tendency to set overly ambitious timelines…
🚗 Tesla could benefit from the loss of the $7,500 EV tax credit, potentially increasing its market dominance. 🏛️ The removal of the tax credit was anticipated as part of Trump’s administration policies. 💼 Analyst Dan Ives suggests Tesla can maintain sales without the credit due to its competitive pricing. 📉 Other automakers like GM,…
🚗 Tesla is offering a new end-of-year incentive, providing three months of Full Self-Driving (Supervised) and free Supercharging for new inventory vehicle deliveries by year-end. 🚀 This offer is available for all Tesla models, including the Cybertruck, but excludes used vehicles and business orders. 📉 Tesla’s 2024 growth rate is lower due to development in…
🚀 Tesla’s V4 Cabinet launch in 2025 aims to provide the fastest Supercharging speeds for EVs, including the Tesla Semi. ⚡ The V4 Superchargers, which started rolling out in 2023, offer up to 350 kW, although speeds weren’t significantly higher than V3 until now. 🔌 The V4 is specially designed for higher-voltage architectures, optimizing charging…
🚀 Jefferies increased Tesla’s stock price target by over 30%, from $195 to $300, due to the company’s expanding ventures. 💼 The suggestion for a strategic capital raise comes as Tesla experiences a significant stock surge post the U.S. presidential election. 🔋 Tesla’s ventures like Megapack and Full Self-Driving are key growth contributors, although their…
🚗 Tesla has issued a recall for the 2024 Cybertruck due to drive inverter issues. ⚠️ The recall impacts 2,431 vehicles and requires physical service rather than an Over-the-Air update. 🛠️ The problem is linked to MOSFET components in the drive inverter causing loss of propulsion. 📅 Issues first noted on July 31, with investigations…