Key Takeaways Global EV sales are predicted to exceed 20 million in 2025, continuing a trend of growth. Rho Motion reports a projected 18% increase in global EV sales from the previous year. China is leading the EV market growth with an expected 12.9 million units sold in 2025. Iola Hughes from Rho Motion highlights…
Key Takeaways Tesla has launched faster charging speeds for Cybertruck owners at all V4 Supercharger stalls, enabling 325kW charging capabilities. The Cybertruck’s 800-volt architecture allows charging speeds up to 500kW once V4 cabinets, currently being deployed, are rolled out. Other Tesla models have a charging cap of 250kW, which applies to V3 Superchargers. Non-Tesla EVs…
Key Takeaways Lucid Gravity will have native access to Tesla Superchargers starting January 31, 2025, making it the first non-Tesla vehicle with such capability. Lucid Gravity features a native NACS charge port, allowing seamless access to Supercharger V3 and V4. Included in the purchase, Lucid provides CCS1 to NACS and SAE J1772 to NACS adapters…
Key Takeaways X has partnered with Visa to integrate its services into X Money, facilitating secure and instant funding through Visa Direct. X Money will allow transactions similar to Venmo, connecting users’ debit cards for peer-to-peer payments. Users will have the option to transfer money to their bank accounts instantly. X CEO Linda Yaccarino emphasized…
Key Takeaways General Atomics Aeronautical Systems, the maker of the Predator drone, has appealed to Elon Musk’s Department of Government Efficiency (DOGE) to reform Pentagon’s contracting system. CEO Linden Blue highlighted bureaucratic delays and inefficiencies in a letter, urging the need for reforms to improve effectiveness against international threats. Blue proposed implementing time limits on…
Key Takeaways Honda plans to introduce its 0 Series with a sub-$30,000 electric vehicle (EV). The sub-$30,000 EV is planned to be produced in Japan. Decision pending on whether to release the affordable EV model in North America. Honda aims to redefine EVs with “thin, light, and wise” designs. Concept models of Honda 0 Saloon…
Key Takeaways Tesla has a positive outlook for long-term growth, according to a Goldman Sachs report, due to its leadership in EVs and innovations in AI and technology. Goldman Sachs analyst Mark Delaney reiterated a Neutral rating for Tesla, with a price target set at $345. Tesla’s technical capabilities in AI, software, and hardware enhance…
Key Takeaways Bill Gates criticizes Elon Musk for his involvement in foreign politics, calling it “insane” that he can influence political situations. Musk has been vocal about political issues in the UK and Germany, including the German elections and British Prime Minister Keir Starmer. Musk participated in a campaign rally for Germany’s far-right party, Alternative…
Key Takeaways Tesla investors eagerly await details on a new lower-cost EV model, crucial for achieving a 30% delivery growth target in 2025. Tesla’s stock soared by over 60% following Trump’s election win, with expectations of regulatory ease for self-driving cars. Intense competition in China led Tesla to experience a decline in deliveries for the…
Key Takeaways Tesla is set to grow beyond electric vehicles, focusing on AI and autonomous systems according to Morgan Stanley. Morgan Stanley maintains an “Overweight” rating on Tesla, with a stock target of $430. Tesla’s advancements position it as a leader in fields like autonomous vehicles, eVTOLs, AMRs, and humanoid robots. The demand for passive…