Key Takeaways Hyundai is launching IONIQ 5 robotaxis in Texas this year with Avride’s autonomous technology. The collaboration with Avride marks Hyundai’s entry into the autonomous vehicle sector. Hyundai will assemble robotaxi units at its new Metaplant America in Georgia. Initial rollout will occur in Dallas, offering rides through the Uber app. CEO Dmitry Polishchuk…
Key Takeaways Tesla’s sales in Europe have significantly declined, with Germany experiencing a 70% drop in February 2025 compared to the same month last year. The decline in sales is a continent-wide issue for Tesla, with decreases reported in France, Norway, Denmark, Sweden, and more. The only positive trend for Tesla in Europe is in…
Key Takeaways The U.S. is advocating for reduced car import tariffs in India to facilitate Tesla’s market entry as part of a new trade deal. Tesla is establishing a new Megapack production facility in Waller County, Texas, creating 1,500 jobs. Trump’s 25% tariffs on imports threaten profits for Ford, GM, and Stellantis, but Tesla remains…
Key Takeaways Tesla is expanding its Megapack production by building a new facility in Waller County, Texas, that will create approximately 1,500 jobs. The Megapack has gained global demand, helping regions stabilize their power grids in case of outages. Tesla Energy experienced a successful 2024, with significant milestones like over 800,000 Powerwalls installed and widespread…
Key Takeaways The judge rejected Elon Musk’s injunction against OpenAI but allowed for a fast-tracked trial on core claims. Musk’s core allegations involve OpenAI’s shift from a nonprofit to a for-profit organization, citing breach of contract. Judge Yvonne Gonzalez Rogers noted Musk’s significant financial commitment with “no written contract.” OpenAI welcomed the court’s decision, emphasizing…
Key Takeaways Tesla shares experienced a significant 28% drop in February, marking their worst month since December 2022. February was also Elon Musk’s first full month serving in Donald Trump’s White House as part of his second administration. The decline in Tesla stock is attributed to softening sales, new tariffs affecting Tesla’s suppliers from Canada…
Key Takeaways 🚀 SpaceX has announced March 6 as the new target date for Starship Flight 8, following an investigation into the previous flight’s issues. 🛰️ The mission will include a suborbital trajectory with the deployment and reentry of four Starlink simulators, marking Starship’s first payload drop. 🔧 Starship’s design updates include redesigned forward flaps…
Key Takeaways Twelve Tesla vehicles, consisting of eight destroyed and four severely damaged, were torched in a suspected arson attack in Toulouse, France. An investigation is underway as authorities have deemed the fire “not at all accidental,” implying a deliberate act. Firefighters identified the fire as criminal in origin, although the dealership itself was spared…
Key Takeaways Waymo and Uber have launched a driverless ride-hailing service in Austin, Texas, as part of a growing robotaxi industry. Users in Austin can now opt for a driverless Waymo robotaxi through the Uber app at no extra cost. The driverless service currently covers 37 square miles in Austin, with expansion plans in the…
Key Takeaways Rivian partners with Ben & Jerry’s to launch an electric ice cream truck, marking one of the first commercial van customers for Rivian. Two “Scoop Trucks” are based on the Rivian Commercial Van (RCV), unveiled for commercial use and set to debut at the SXSW festival in Austin, Texas. The collaboration reflects a…