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Tesla News
Zycrypto
1w
135
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Crypto Supervillain Lazarus Group Now Owns More Bitcoin Than Elon Musk’s Tesla
- Crypto supervillain Lazarus Group, backed by the North Korean state, has stolen billions from the crypto industry, including a recent record-breaking $1.5 billion from Bybit.
- Lazarus Group now owns 13,332 BTC, valued at $1.12 billion, surpassing Elon Musk's Tesla in Bitcoin holdings by 15%.
- In a recent hack, Lazarus Group drained $1.46 billion from Bybit and converted most of the stolen funds into Bitcoin. Tesla, on the other hand, still holds 11,509 BTC worth $969 million.
- The distinction between the two comes as there are calls for increased Bitcoin adoption among nation-states and public companies, prompted by Elon Musk's bullish view on crypto.
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Teslarati
1w
160
Image Credit: Teslarati
Tesla quietly added this extra Sentry Mode feature to deter vandals
- Tesla has added a new feature to its Sentry Mode to deter vandals.
- The new feature plays music at maximum volume when the vehicle's cameras detect activity.
- It is currently available on the Cybertruck, but it is unclear if it will be expanded to other Tesla models.
- Tesla is increasing security measures at its stores and considering making vehicles automatically honk at people who come near or touch the vehicle.
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Teslarati
1w
363
Image Credit: Teslarati
Tesla owner harassed by anti-Musk driver in disturbing encounter
- A Tesla owner from Lynnwood, WA was verbally harassed by another driver.
- The incident was recorded through Tesla's built-in dashcam feature.
- The mother reported that the aggressive driver demanded her to sell the car and called it a 'Nazi car.'
- This incident reflects a rise in hostility towards Tesla drivers and facilities.
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Insider
1w
278
Image Credit: Insider
Ex-Waymo CEO shares why he still thinks Tesla can't compete with Waymo's robotaxis
- Former Waymo CEO John Krafcik stated that Waymo currently has no competitors in the robotaxi space that match the company's scale, safety, and performance.
- Krafcik reiterated his belief that Tesla's camera-only approach to autonomous driving is not competitive with Waymo's technology.
- Waymo continues to lead in autonomous ride-hailing services, providing over 200,000 rides a week in cities like Los Angeles, Phoenix, and San Francisco.
- Krafcik criticized Tesla's Cybercab prototype and emphasized the importance of lidar sensors for safe and reliable autonomous vehicles.
- Despite competition from companies like Baidu's Apollo Go and Zoox, Krafcik remains confident in Waymo's lead due to its scale, safety, and performance.
- Krafcik praised Waymo's progress and its ability to deploy embodied AI at scale, setting it apart from other companies in the autonomous driving space.
- Analysts speculate on a potential Waymo IPO and a break from Alphabet, with predictions of reaching a significant valuation by 2030.
- Krafcik envisions Waymo offering autonomous driving software for large trucks and personal vehicles, in addition to its ride-hailing services.
- Despite competition from Chinese companies like Pony.ai, Krafcik doubts their performance compared to Waymo's as they have not launched a robotaxi service in the US.
- Krafcik emphasized that Waymo's patient investors differentiate it from other autonomous vehicle companies tapping into public markets for quick funding.
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Insider
1w
8
Image Credit: Insider
3 retail investors share what led them to cash out of Tesla on its way to a 50% drop
- Tesla stock has plunged as much as 53% since December, prompting some retail investors to exit early.
- Exuberance post-Trump's election led to a surge in Tesla stock, followed by a notable decline.
- Three former Tesla shareholders shared reasons for selling before the stock dropped further.
- Musk's controversial personality was a key factor influencing the investors' decisions.
- Mikhaela Delahunty considered the impact of Musk's alliance with Trump on Tesla's branding.
- Dan Chan sold his shares due to concerns about Musk's leadership style and political involvement.
- Jonathan Goodman backed out of his investment due to Musk's continued affiliation with the president.
- Goodman believes in Tesla's business model but was deterred by Musk's actions.
- Delahunty and Chan cited issues with Tesla's products and recalls as reasons for selling.
- Chan was bearish on Tesla stock due to concerns about self-driving car features and safety mechanisms.
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Guardian
1w
250
Image Credit: Guardian
Exclusive: 20% of Americans support boycott of firms aligning themselves with Trump agenda
- One in five Americans plan to turn their backs on companies that align with Trump's agenda, according to a poll.
- The backlash could have a lasting impact on brands like Amazon, Target, and Tesla.
- The demographic breakdown shows variations in participation among generations, races, and political views.
- Top reasons for boycotting include showcasing consumer economic power, expressing dissatisfaction with government policies, and companies rolling back diversity policies.
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Insider
1w
0
Image Credit: Insider
They drove their Cybertrucks in a Mardi Gras parade. Then the crowd turned on them.
- Joshua Hazel and Christina G. participated in a Mardi Gras parade with their Cybertrucks, only to face vandalism and thousands of dollars in repairs.
- The parade turned hostile, with alcohol, insults, and beads being thrown at their vehicles.
- Despite the damage, the incident has led them to buy more Tesla shares.
- The crowd's behavior shifted dramatically from high energy and enthusiasm to aggression and violence.
- The Cybertruck owners experienced harassment and physical damage to their vehicles during the parade.
- Damage included shattered glass panels, torn wraps, and scratched tonneaus, resulting in costly repair estimates.
- The owners filed police reports and faced repair costs of over $2,000 for broken top glass and thousands more for wrap replacements.
- The incident left the owners feeling traumatized, but they refuse to be intimidated and have chosen to invest further in Tesla.
- Some Tesla owners have sold their vehicles due to protests, but Hazel and Christina have chosen to support Tesla even more post-incident.
- The aftermath of the vandalism incident at the parade highlighted the challenges faced by Tesla owners dealing with harassment and property damage.
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Insider
1w
236
Image Credit: Insider
Elon Musk's 9 p.m. all-hands Tesla meeting shows what he can get away with
- Elon Musk held an evening all-hands meeting at Tesla, showcasing his ability to deviate from traditional CEO norms.
- This meeting highlighted Musk's unique leadership approach and his all-in attitude towards work.
- Musk's unconventional actions, like holding a late meeting, would be seen as a crisis for most CEOs.
- Despite Musk's past unconventional decisions, his leeway with employees, investors, and customers has limits.
- Experts noted that Musk's last-minute meeting could signal uncertainty and damage worker morale.
- The meeting raised questions about whether Musk can continue to get away with non-traditional behavior.
- Musk's involvement in multiple ventures may affect his ability to maintain trust and support from various stakeholders.
- While Musk's chaotic leadership style is widely known, his actions at the Tesla meeting were seen as unpreparedness.
- Musk's engagement with workers and investors is crucial for maintaining their loyalty and confidence in the company.
- Similar to Steve Jobs, Musk's leadership style relies on employees' belief in his vision and dedication to meeting high expectations.
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Teslarati
1w
38
Image Credit: Teslarati
Elon Musk to file lawsuit against former US Rep Jamaal Bowman: “I’ve had enough”
- Elon Musk plans to file a lawsuit against former US Representative Jamaal Bowman over comments made by Bowman in a CNN segment.
- During the CNN segment, Bowman called Musk a Nazi and a thief, which received mixed reactions on social media.
- In response, Musk stated on social media that he has 'had enough' and will be pursuing legal action against Bowman.
- Musk's decision to sue comes as criticism and opposition against him and his work has escalated, resulting in vandalism and protests.
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The Verge
1w
343
Image Credit: The Verge
People keep putting fake walls in front of Teslas
- YouTuber Kyle Paul has conducted a test using two Teslas equipped with Full Self-Driving (FSD) features to determine if the vehicles could detect a road obstruction.
- In the test, a Tesla Model Y with FSD version 12.5.4.2 failed to stop before crashing into a fake wall.
- However, the test with a Cybertruck equipped with FSD version 13.2.8 successfully detected the wall and came to a complete stop.
- The videos highlight the ongoing debate around Tesla's FSD capabilities and the varying outcomes in real-world scenarios.
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Guardian
1w
372
Image Credit: Guardian
Trump makes rare admission of Musk’s conflicts of interest after Pentagon visit
- Donald Trump acknowledged potential conflicts of interest for Elon Musk due to his businesses in China during a discussion about war plans with China.
- Musk, as a senior adviser to Trump, faced concerns about balancing corporate and government responsibilities.
- Despite initial dismissals, Trump revealed that Musk visited the Pentagon to discuss cost reduction and efficiency.
- Musk's involvement in US-China relations raised security concerns and conflict of interest questions due to his economic interests in China.
- Reports of Musk being briefed on war plans with China were denied by Musk and Trump, who emphasized the focus on government efficiency initiatives during the Pentagon visit.
- Some military experts expressed concerns over Musk's access to sensitive information and potential conflicts of interest in his dealings abroad.
- Official statements indicated that Musk's briefing at the Pentagon was to discuss efficiencies and innovations, not China war plans.
- Musk's security clearances were limited due to foreign ties and personal history, despite having a 'top-secret' clearance within the federal government.
- Trump and Pentagon officials refuted reports about Musk being briefed on hypothetical war scenarios with China, labelling it as 'pure propaganda'.
- Trump emphasized that Musk's visit was for the 'department of government efficiency' and not related to discussions about China.
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Insider
1w
139
Image Credit: Insider
Elon Musk's surprise Tesla all-hands left some workers feeling comforted and some feeling cynical
- Elon Musk held a surprise public all-hands event at Tesla's Texas Gigafactory.
- Employees had mixed reactions to the event, with some feeling positive and others being cynical.
- Some workers believed it was a positive sign that Musk still values the company.
- However, others felt the event was a publicity stunt and had concerns about Musk's politics.
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Teslarati
1w
144
Image Credit: Teslarati
Tesla aiming to produce first “legion” of Optimus robots this 2025
- Tesla is aiming to start the production of Optimus this year, and its first run will be substantial.
- Optimus has evolved rapidly since its introduction and several dozen humanoid robots were showcased in October 2022.
- Elon Musk stated that Optimus could be the biggest product of all time and the first humanoid robot has been manufactured at the Fremont Factory.
- Tesla aims to produce 10,000 to 12,000 Optimus robots this year and 50,000 units, or 10 'legions' of humanoid robots, next year.
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Teslarati
1w
305
Image Credit: Teslarati
Tesla Shanghai Megafactory starts exporting Megapacks, first to Australia
- Tesla has started exporting Megapack battery systems from its Shanghai Megafactory.
- The first shipment of Megapacks has departed for Australia.
- The Shanghai Megafactory is expected to significantly boost Tesla's battery storage deployments.
- Tesla aims to deepen cooperation with China and achieve more win-win results.
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The Verge
1w
169
Image Credit: The Verge
Elon Musk made more promises about Optimus and Cybercabs at Tesla’s surprise all-hands meeting
- At a surprise all-hands-on meeting, Elon Musk rallied Tesla employees and promised big things for its Cybercab robotaxi and Optimus humanoid robot.
- Musk reiterated promises of Tesla's autonomous software, Full Self-Driving feature, and robotaxis bringing the company's value to new heights.
- He also mentioned plans for a revolutionary manufacturing process to build a robotaxi in less than five seconds and selling them for $30,000 by 2026.
- Musk addressed concerns about his involvement in politics but did not face any questions about his role in Washington.
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