Key Takeaways Elon Musk warns Bill Gates to close his short position on Tesla or face consequences. Gates shorted Tesla stock for $500 million, betting on its decline, but shares have surged recently. Musk and Gates previously explored philanthropic opportunities but have a strained relationship due to Gates’ short position. Despite legal setbacks, Musk’s compensation…
Key Takeaways Tesla introduces the most aggressive Model Y lease deal in the US yet. Customers can now take home a Model Y with a $0 downpayment. This deal significantly reduces the overall cost of the lease, potentially saving customers thousands. Lessees are offered a free premium upgrade option, such as luxury paint colors or…
Key Takeaways Tesla is directing suppliers to eliminate China-made components from US-built vehicles, enhancing American manufacturing. The shift is due to escalating tariff uncertainties and aims to make Tesla’s products more locally sourced. Tesla plans to complete the transition within two years, having already swapped out several components. Other automakers like General Motors and Stellantis…
Key Takeaways Tesla shareholders approved a pay package for Elon Musk that could total $1 trillion. Billie Eilish criticized Musk online, highlighting what he could do with his wealth. Eilish’s posts claimed Musk could use his fortune to address global issues, like hunger and clean water. Eilish’s attack on Musk included personal insults, reflecting her…
Key Takeaways Ron Baron is not selling his Tesla shares despite market volatility. He has invested about 40% of his net worth in Tesla, totaling $8 billion in gains. Baron also holds 25% of his wealth in SpaceX and 35% in Baron mutual funds. He committed to never selling his Tesla or SpaceX shares until…
Key Takeaways Tesla is testing Apple’s CarPlay integration for its vehicles, marking a significant change after years of resisting Apple’s ecosystem. Surveys indicate that many buyers view CarPlay as an essential feature for choosing a car, which could help Tesla gain market share. Unlike traditional implementations, Tesla’s CarPlay will use a windowed approach, keeping its…
Jim Farley felt “humbled” after discovering Tesla and Chinese EVs’ advanced designs and efficiencies. Ford’s Mustang Mach-E has significantly more wiring than Tesla’s Model 3, making it heavier and costlier to produce. Farley’s Model e division lost over $5 billion but he remains committed to tackling EV challenges head-on. Farley highlights that Chinese EV makers…
Key Takeaways Elon Musk revealed that Tesla is working on resolving persistent FSD complaints related to stuttering and hesitancy at intersections. The next substantial update, v14.2, is likely to address these issues, but it’s anticipated to be a month or more away. Tesla has released version v14.1.7, which includes minor updates for Hardware 4 vehicles,…
Key Takeaways Tesla is teasing its entry into new markets, particularly in Africa and South America. Active job postings in Colombia indicate Tesla’s intent to launch in South America for the first time in two years. Roles advertised include Sales Manager and Service Technicians, suggesting a comprehensive launch strategy. A cryptic video hint suggests Tesla…
Key Takeaways Tesla has confirmed the upcoming launch of its Full Self-Driving (FSD) Supervised system in South Korea. A teaser video shows a Tesla Model S navigating local roads autonomously, performing lane changes, and parking without driver input. The supervised FSD system will initially be available in U.S.-made cars to comply with South Korean safety…