🚚 Tesla Semi has received a new customer, the wholesale giant Costco. 🔋 Tesla’s electric Semi truck is still in the pilot production phase, with plans for mass production starting in late 2025 for external customers in 2026. 🏭 Tesla is building a new facility in Reno, Nevada, with a $3.6 billion investment and $330…
🚘 Kia recently teased its upcoming EV3 compact electric SUV 🔋 The EV3 reveals Kia’s commitment to an electric vehicle (EV) future 🎯 It will continue the EV9’s design philosophy and broaden EV accessibility 📐 The EV3 is expected to be based on the E-GMP platform like the EV6 and EV9 💰 Motor 1 estimates…
🤝 Rivian and Apple are allegedly discussing a potential partnership 🚗 The partnership could help Rivian improve its upcoming R2 and R3 vehicles 🍎 It could give Apple a chance to utilize its electric vehicle technology from Project Titan 📈 A partnership with Apple could benefit Rivian by providing AI and autonomous driving tech 🏭…
💼 Tesla’s Senior Vice President of Automotive, Tom Zhu, is reportedly moving back to a position in China after leaving the country last year to help with global operations. 🇨🇳 Zhu’s return to China as SVP of Greater China could be related to Tesla’s preparation for the rollout of its Full Self-Driving (FSD) software in…
💼 Tesla has launched a new round of layoffs as part of a massive cost-cutting offensive, trimming multiple facets of its business. 🔥 Several weeks ago, Tesla started laying off employees to save money as it navigates through economic uncertainties and focuses on bringing its next-generation vehicle lineup to market. 👋 Thousands of employees were…
🤖 Tesla’s Optimus humanoid robot will receive an upgrade to its hands later this year, increasing the degrees of freedom (DoF) from 11 to 22. 🖐️ With 22 DoF, Optimus’ hands will be very close to the dexterity of human hands, which have 27 DoF, allowing it to perform tasks with nearly human-level proficiency. 👍…
🤖 Morgan Stanley analyst Adam Jonas shared his experience with Tesla’s FSD (Supervised) V12.3.6, noting it behaves cautiously and assertively when appropriate. 📈 Jonas observed evident improvements from V12.3.4 to V12.3.6, with more substantial upgrades expected in V12.4 after training compute limitations are eliminated. 🚗 Tesla’s vehicle fleet is projected to reach 25 million units…
🚗 Elon Musk wants legendary investor Warren Buffett to buy Tesla stock, calling it an “obvious move.” 💰 Buffett recently sold 115 million shares of Apple stock, and Musk suggests investing that money in Tesla instead. 🍎 However, Buffett stated that Apple will remain Berkshire Hathaway’s largest common stock holding. ⚡ Tesla’s Full Self-Driving (FSD)…
💰 Hyundai is investing nearly $1 billion to develop self-driving technology through Motional, an autonomous driving startup. 🤝 Hyundai and Aptiv established Motional in March 2020, and Hyundai will now spend over $900 million to increase its stake in the company to 66.8%. 🚗 The investment is expected to enhance Motional’s technological competitiveness and establish…
💰 One of Tesla’s largest individual shareholders, Leo KoGuan, has criticized CEO Elon Musk and his stake in the company amid the ongoing vote on Musk’s rejected 2018 pay package. 🗳️ Tesla is holding an investor vote to approve or deny Musk’s 2018 compensation package worth $55.8 billion, which was voided by a Delaware judge.…