Key Points 💡 Hyundai is still considering the adoption of Tesla’s North American Charging Standard (NACS). 💡 President Chung of Hyundai mentioned that they are assessing the benefits and charging efficiency of Tesla’s standards. 💡 Ford, General Motors,Rivian, Volvo, and Mercedes Benz have already announced the adoption of Tesla NACS. 💡 Some US states are…
Key Points 🚗 Tesla plans to manufacture a $24,000 car in India and is ready to invest in building a factory in the country with an annual production capacity of half a million vehicles. 🇮🇳 India has surpassed China as the most populous nation and Tesla aims to tap into the Indian market, which is…
Key Points 🌐 Elon Musk and Malaysian Prime Minister Anwar Ibrahim discussed the possibility of bringing SpaceX’s Starlink internet connection to Malaysia. 🛰️ Starlink internet services are already offered in Japan and the Philippines in Southeast Asia. 🏙️ Malaysia is interested in having Starlink internet services to provide coverage in rural areas. 🚗 Tesla’s interest…
Key Points 🚗 The Tesla Model Y Rear Wheel Drive (RWD) is now available in South Korea. 🇰🇷 The Model Y RWD will be imported from Gigafactory Shanghai. 📅 Tesla Korea’s official website indicates an estimated delivery date of August to September 2023 for the Model Y RWD. 💰 The listed price for the Model…
Key Points 💰 SpaceX is nearing a $150 billion evaluation. 🚀 SpaceX may be classified as a centicorn or hectocorn. 💼 SpaceX signed a share sale agreement with new and existing investors, allowing them to sell up to $750 million in stock. 💵 The shares are being sold for approximately $81 each. 🔄 SpaceX typically…
Key Points 🚗 Ford’s inventory of electric vehicles, including the Mustang Mach-E and F-150 Lightning, is increasing. 💰 Ford’s EV push may be “out of step” and the company has “a real problem on their hands based on the bets they’ve made.” ⬇️ The turn rate of Mustang Mach-E inventory dropped to 27.7% in Q2…
Key Points 🚘 Tesla’s entry into India won’t include duty waivers for reduced import rates. 💼 Talks between Tesla and the Indian government have been reignited, but duty waivers are not under consideration. 🏭 Tesla has been pushing for reduced import duties while Indian officials wanted the company to commit to building a production plant.…
Key Points 🔧 Tesla has made Wiper Controls more accessible by adding the ability to control them from the steering wheel in the newest software update. 🚗 The previous update allowed owners to control wiper speed with the scroll wheel but still required activating the wipers with a push of the stalk. 🔄 The new…
Key Points 📈 Americans registered twice as many Tesla Model Y crossovers year-over-year between January and May 2023. ⚡ Electric cars accounted for about 7% of new car registrations in the first five months of 2023, compared to 4.6% in the same period last year. 🚗 The Tesla Model Y experienced a significant increase in…
Key Points 🚗 Tesla is considering establishing an electric vehicle factory in India with a production capacity of 500,000 electric vehicles per year. 🇮🇳 India is the world’s third-largest auto market, and Tesla has yet to establish a presence in the country. 💰 Tesla is exploring the possibility of using India as a base for…