Spain’s Deputy PM Yolanda Díaz misunderstood Elon Musk’s gesture during Trump’s inauguration, alleging it resembled a Nazi salute. Yolanda Díaz decided to leave the platform X, criticizing its algorithms for fostering xenophobic and extreme-right ideas. Díaz publicly condemned Elon Musk’s rhetoric, stating it promotes ideas against human rights. In an era where social media plays…
Key Takeaways President Trump plans to sign an executive order to end the so-called “EV mandate,” potentially impacting the federal $7,500 EV tax credit and EPA emissions goals. Trump declared a “national energy emergency,” emphasizing increased oil drilling and withdrawal from the Paris climate agreement. Proposed tariffs on EV battery materials are postponed, with future…
Key Takeaways The Tesla Megapack site near Melbourne is nearing completion, with the first batch of final materials, including transformers, being delivered. The project is part of a series of energy storage initiatives across Australia, aiming to deliver power to 200,000 homes. The “jack and skate” method was employed by Lumea to install the two…
Key Takeaways Tesla is expanding Android support with new features, improving fairness with Apple users. Ultra-wideband support is being added to enhance app capabilities on Android devices. Phone key improvements allow for better accuracy in determining vehicle position and distance. The new update enables hands-free trunk opening, activated by standing behind the car. The features…
Key Takeaways Tesla Model Y became China’s best-selling vehicle by volume in 2024, dominating in key cities. In Beijing, it was the top-selling car with 20,631 units, the only model to exceed 20,000 sales. In Shanghai, the Model Y led with 30,491 units sold, followed closely by the Model 3. Despite being second in Guangzhou…
Key Takeaways Philippine President Ferdinand Marcos Jr. welcomed Tesla’s entry into the country, highlighting its role in promoting a more environment-friendly transportation system. Tesla’s investment in the Philippines is seen as a major step in the nation’s fight against climate change, signaling more than just the introduction of high-tech cars. Marcos praised Tesla’s faith in…
Key Takeaways Elon Musk met with China’s Vice President Han Zheng before Trump’s inauguration to discuss U.S.-China economic relations. Han Zheng encouraged Tesla and other U.S. companies to engage with opportunities in China’s development. The discussion between Han Zheng and U.S. VP J.D. Vance included topics like fentanyl, trade balance, and regional stability. Tesla’s presence…
Key Takeaways Tesla has long been the leading EV producer, but Chinese manufacturers like BYD are becoming significant competitors. Chinese EVs are much cheaper, with models selling for as little as $10,000, making them accessible to more buyers. China’s dominance in battery manufacturing and government support is boosting its EV industry. The rise of affordable…
Key Takeaways If you invested $10,000 in Tesla stock 10 years ago, your investment would have grown to approximately $292,834, marking a total return of 2,828.34%. Tesla’s expected earnings per share for Q4 2024 are lower than the previous year’s, with a predicted EPS of $0.68. Tesla’s projected quarterly revenue of $27.02 billion reflects an…
Key Takeaways Donald Trump announced at a rally that “TikTok is back,” as he pledged to sign an executive order granting more time amid U.S. law requiring TikTok’s divestiture from its Chinese parent, ByteDance. Trump proposed a joint venture with 50% U.S. ownership in TikTok, but details were unspecified and reliant on ByteDance’s agreement. During…