Key Points 💰 Tesla warns Model 3 customers that federal tax credits are likely to be reduced next year. 🚘 The Model 3 landing page has been updated with a message about the vehicle’s eligibility for the US Inflation Reduction Act’s federal tax credit. 📅 Reductions to the Model 3’s federal tax credit are expected…
Key Points 🚀 Tesla Chair Robyn Denholm emphasized that Australia should foster a startup revolution for economic growth. ⛏️ Denholm stated that Australia cannot solely rely on its natural resources in the long term. 💡 The Tesla Chair highlighted the need for Australia to create an environment where startups and innovations can thrive. 🌏 Australia’s…
Key Points 🚫 Texas deferred the vote on granting federal funds for building EV chargers due to pushback against Tesla NACS mandate. ⚡️ The mandate would require Tesla NACS chargers to be included alongside CCS ports at EV stations in Texas. ⏰ Some EV charger makers and operators oppose the mandate, requesting time for standardization…
Key Points 🚗 A leaked video has surfaced online, allegedly showing a prototype of a Tesla-made people mover for The Boring Company, Elon Musk’s tunneling startup. 🎥 The video was shared by a Las Vegas video content creator and was captured from inside The Boring Company’s Las Vegas site. 🚇 The alleged people mover in…
Key Points 📈 Mercedes-Benz saw a 123% increase in battery electric vehicle (BEV) sales, reaching 56,300 units in Q2 2023. 🚗 The overall sales for Mercedes-Benz Cars in Q2 increased by 6%, totaling 515,700 units. 🌍 Global BEV sales for Mercedes-Benz in the first half of 2023 reached 102,600 units, marking a 121% rise. 🇩🇪…
Key Points 📈 A survey from Cox Automotive predicts that electric vehicle (EV) sales in the US could exceed 1 million units for the first time in 2023, with EVs currently representing about 6.5% of the automotive sector. 🚗 Tesla, particularly with the Model 3 and Model Y, has been driving the EV sales trend,…
Key Points 📉 Tesla China’s insurance registrations dropped to 3,200 units in the first week of July, indicating a decrease in domestic vehicle sales. 🚗 During the previous week, Tesla China had 17,400 insurance registrations, highlighting the significant decline. 📊 Insurance registrations are often used as an indicator of local sales trends, as Tesla China…
Key Points 🚇 The Boring Company’s Prufrock-2 reached Encore and Westgate in 10 weeks, marking another milestone for TBC’s Vegas Loop. 🏨 Prufrock-2 arrived at the Encore Resort, while Prufrock-1 arrived at the Westgate Resort, both near the Las Vegas Strip. ⛏️ The Boring Company’s tunnel boring machine (TBM) demonstrated significant development and progress in…
Key Points 🚗 The NIO ET5 mid-sized electric sedan will launch in the United Kingdom. 🏎️ The debut of the ET5 will take place at the Goodwood Festival of Speed. ⚡ The ET5 has two motors producing 360 kW of power and 700 Nm of torque. 🔋 NIO offers various battery pack variants for the…
Key Points 💻 Tesla’s Dojo supercomputer is now online, as seemingly confirmed by Elon Musk. 🚗 Dojo is designed to process large amounts of data and perform complex AI and machine learning computations. ⏩ With the operational Dojo, Tesla’s goal of achieving autonomous driving may be closer than anticipated. 📈 Dojo is expected to accelerate…