💰 Tesla has generously donated $600,000 to the P-TECH Manufacturing Studio in the Del Valle International School District (DVISD). 🏫 The donation will specifically aid in purchasing equipment for the Gigafactory Texas P-TECH Manufacturing Studio, currently under construction. 🚀 The studio, adjacent to Del Valle High School, is anticipated to open its doors by the…
🌐 Stellantis N.V. has acquired CloudMade’s AI framework, machine learning models, and intellectual property rights and patents. 🚗 CloudMade is known for developing innovative big-data automotive solutions, particularly an AI-powered framework with integrated graphical interfaces. 📊 Stellantis considers CloudMade’s AI-backed technology as industry-leading for collecting and analyzing automotive data sets. 🛠️ The acquired technology will…
🚗 Volkswagen ID.4 units with SK ON battery components in Model Year 2023 and 2024 are eligible for a full $7,500 federal tax credit. 🔋 The tax credit applies to both Standard and Pro variants, with different battery capacities and ranges. 💰 Customers can apply the tax credit as a down payment for the vehicle…
📈 ARK Invest bought over $5 million in Tesla stock after a 12.13% slide in share price. 📊 148,246 shares were purchased in the $ARKK ETF (Innovation Fund), and 29,624 in the $ARKW (Next Generation Internet ETF). 💰 Purchase price based on Tesla’s closing price of $182.63 on Thursday is approximately $5.5 million. 📅 ARK…
🚗 Porsche unveiled the Macan EV, its second all-electric car, with a focus on performance and power. ⚡ Two configurations will be available: Macan 4 and Macan Turbo, offering different performance metrics. 🔄 The Macan EV features a lithium-ion battery with a 100 kWh capacity and 800-volt architecture, enabling fast charging (10-80% in 21 minutes).…
🌎 Tesla announces that the Model Y was the best-selling vehicle globally in 2023. 📈 The Model Y achieved this remarkable feat just four years after it began customer deliveries. 🚗 Elon Musk had predicted in Q1 2021 that the Model Y would become the best-selling car in the world, and the prediction came true…
🌐 Elon Musk acknowledges and respects Tesla’s China-based competitors during the recent earnings call. 🚗 Chinese automakers are recognized by Musk as the most competitive in the industry. 🌍 Without trade barriers, Musk believes Chinese automakers could dominate most other companies globally. 🔌 Tesla is willing to collaborate and share resources with other electric car…
📉 Tesla’s stock (TSLA) dropped over 9% after the Q4 and FY 2023 earnings call. 📊 Analysts express dissatisfaction due to Tesla’s vague guidance for 2024 and focus on the next-gen platform, leading to concerns about lower volume growth. 📈 Despite a record 2023 with 40% YoY vehicle sales growth to over 1.8 million units,…
🤖 Tesla aims to ship Optimus humanoid robot units in 2025. 🔄 Gen 2 Optimus prototype has updates, including humanlike hand movements and a lighter body. 🚶 Optimus can walk 30% faster than its previous versions. 🤔 Main challenge is making Optimus do useful tasks; utility is still being worked on. 📉 Optimus has progress…
In a recent revelation by Elon Musk during Tesla’s Q4 and FY 2023 earnings call, significant details emerged regarding the production locations, groundbreaking technology, and global strategy for Tesla’s next-generation electric vehicle. Let’s delve into the key aspects shaping the future of Tesla’s automotive landscape. 1. Next-Gen EV Production Locations: A Global Vision 🌍 Elon Musk…