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Tesla News
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Tesla Supercharger network hit a record for single-day consumption
- Tesla's Supercharger network hit a record single-day energy consumption over the weekend.
- The network reached a peak single-day consumption of 12 GWh on November 30.
- Tesla has been ramping up the production and deployment of Superchargers worldwide.
- Tesla is planning to roll out V4 Supercharger cabinets in 2025 for higher charging speeds.
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Teslarati
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VinFast is building another factory in Vietnam
- Vietnamese electric vehicle (EV) startup VinFast plans to build an additional production facility in Vietnam.
- The new factory, located in the Ha Tinh province, is expected to produce 300,000 vehicles per year.
- VinFast aims to meet the growing demand in international markets and expects to begin operating the facility in July next year.
- The company has received substantial preorders for its VF3 model and has secured funding to sustain its operations and reach profitability.
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Libsyn
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Episode 488: Tesla Holiday Software Update Adds Huge New Features
- Tesla's annual holiday software update is packed with new features.
- The rollout of FSD version 13 has begun.
- Tesla CEO Elon Musk denied his compensation package by a Delaware judge.
- Referral program offers discounts on Model 3, Model Y, Cybertruck, Model S, or Model X.
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Teslarati
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Tesla’s custom Cybertruck wrap avatar to launch on other models
- Tesla has confirmed that a feature allowing drivers to customize their infotainment center Cybertruck avatar, as debuted in the recent holiday update, will soon go out to additional models.
- The feature first debuted in the Cybertruck with Tesla’s 2024 Holiday Update.
- Users can create custom virtual wraps for their infotainment center by following specific instructions and requirements.
- It is not yet clear when this feature will be available for other Tesla models.
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Teslarati
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Tesla debuts its latest Cybertruck Easter Egg at Giga Texas
- Tesla's Boring Company tunnel at Gigafactory Texas is getting structures for a Cybertruck-shaped exit.
- The tunnel has been completed and construction workers are adding finishing touches to the initial steel structures designed like a Cybertruck.
- Tesla has multiple ongoing construction projects at Gigafactory Texas, including the Cortex supercomputing cluster and cooling towers.
- The Boring Company also has projects in Las Vegas, Nevada, including the LVCC Loop where Tesla's Full Self-Driving and Autopilot may be used.
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Teslarati
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Tesla may be quietly rebooting its press team years after it was dissolved
- Tesla appears to be quietly rebooting its press team with the job listing of Vehicle Communications Manager.
- The responsibilities of the position include managing external data communication, collaborating with technical staff, and aligning on public-facing data for Tesla products.
- This move signifies a shift from the social-media-only approach Tesla has adopted in recent years.
- It is not clear if Tesla will expand the press department or keep it lean with just the Vehicle Communications Manager position.
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Bitcoinist
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Semler Scientific Scoops 303 Bitcoin For $29.3 Million – How It Compares To Other Corporate BTC Holders?
- Semler Scientific acquires an additional 303 BTC for $29.3 million in their corporate treasury strategy.
- Despite the record high price of Bitcoin, corporate buyers like Semler Scientific continue to accumulate the cryptocurrency.
- Semler Scientific now holds a total of 1,873 BTC, making them one of the top publicly-listed companies holding BTC in their corporate treasury.
- MicroStrategy remains the leader in holding BTC, followed by MARA, Riot Platforms, and Tesla.
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Teslarati
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Water association irons out draft for Tesla Giga Berlin’s new water agreement
- The Strausberg-Erkner Water Association (WSE) has finalized a draft agreement for the water operations of Tesla Gigafactory Berlin.
- The new draft includes a lower water supply commitment from Tesla and introduces new wastewater management rules.
- The draft has been sent to Tesla for review and potential further adjustments.
- WSE is scheduled to discuss the contract's fate at their next meeting.
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Teslarati
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Tesla China highlights its milestones in some of world’s coldest regions
- Tesla China highlights the winter prowess of its vehicles.
- Tesla vehicles sell well in cold-weather countries like Norway, Iceland, and Denmark.
- In Harbin, China, the Model Y is the best-selling electric car in the last 12 months.
- Tesla vehicles perform well in cold climates, surpassing some combustion-powered cars.
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Teslarati
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Tesla lead engineer: Cybercab has roughly half the parts of a Model 3
- Tesla Cybercab Lead Engineer Eric E. shared insights about the upcoming self-driving robotaxi.
- The Cybercab is a two-seater, designed for extreme efficiency and accommodating one or two passengers.
- The Cybercab has roughly half the parts of a Model 3 sedan, allowing for simplified cleaning and maintenance.
- Despite its small size, the Cybercab has a large trunk that can fit multiple golf bags, carry-on bags, and even bicycles.
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Insider
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Elon Musk hasn't always been Trump's 'first buddy' — see how their relationship has evolved over the years
- Elon Musk and Donald Trump have had a tumultuous relationship over the years.
- While the two traded barbs during Trump's first presidency, they're now political allies.
- Trump officially added Musk to join his administration to help lead his DOGE effort, and Musk calls himself "first buddy."
- Elon Musk and Donald Trump are now spending lots of time together, marking a new era of their working relationship.
- It wasn't always this cozy between the two billionaires, however.
- Just before the 2016 presidential election, Musk told CNBC he didn't think Trump should be president.
- After he won the presidency, Trump appointed Musk to two economic advisory councils, along with other business leaders.
- On June 1, 2017, after Trump announced the US would pull out of the Paris Agreement on climate change, Musk resigned from his roles on presidential advisory boards.
- During a January 2020 interview with CNBC, Trump praised Musk's accomplishments and intelligence.
- As the pandemic gripped the US in early 2020, Musk clashed with California public-health officials who forced Tesla to temporarily shut down its factory there.
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Tech Story
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Elon Musk Reportedly Invests Over $250 Million in Donald Trump’s Re-Election Campaign The billionaire entrepreneur emerges as a key supporter in Trump’s bid for a second term.
- Billionaire entrepreneur Elon Musk has reportedly invested over $250 million in support of Donald Trump’s re-election campaign according to filings released by the Federal Election Commission.
- Reports suggest a growing alliance between Musk and Trump, with the two sharing what insiders describe as a “close working relationship.”
- One of the key mechanisms for Musk’s financial support is through RBG PAC, a super PAC legally permitted to raise unlimited funds for campaign advertising.
- Musk’s financial influence extends to another super PAC, America PAC, which was instrumental in supporting Trump throughout his re-election campaign.
- Musk’s decision to align himself so publicly with Trump reflects more than just personal support; it is a strategic investment in policies and initiatives that align with his broader business and political interests.
- By supporting Trump, Musk may be seeking a political ally who shares his vision for advancing America’s technological and industrial dominance.
- Musk’s financial involvement sets a precedent for tech leaders to take an active role in political campaigns.
- Musk’s $250 million investment underscores his outsized influence in the political arena.
- Elon Musk’s decision to invest over $250 million in Donald Trump’s re-election campaign reflects a calculated move to align with a political ally who supports his vision for technological and economic growth.
- As the political landscape evolves, Musk’s involvement highlights the growing influence of tech leaders in shaping policy and public opinion.
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Tech Story
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Elon Musk’s xAI Secures $6 Billion in Second Fundraising Round of 2024 The AI startup aims to dominate the supercomputer race and rival OpenAI, Google, and Anthropic.
- Elon Musk's artificial intelligence (AI) startup, xAI, raised $6bn in its second major fundraising round of 2024.
- The company wants to become a leading force in artificial intelligence while challenging significant players like OpenAI, Google, and Anthropic.
- One of the key drivers of the funding round is xAI's plan to expand its Colossus supercomputer to more than 1 million GPUs.
- Construction has already begun at the xAI Memphis facility, and this enlargement will significantly enhance the company's computational power.
- Reports indicate that 97 investors took part in the funding round worth a minimum of $77,593 per share.
- Although xAI remains a private entity, investors can indirectly capitalize on the company's growth by investing in ARK Venture Fund.
- Prominent names from the startup's first $6billion fundraising round in May 2024 include Andreessen Horowitz, Sequoia Capital, and Fidelity Management & Research Company.
- The relationship between xAI and Musk's other ventures, particularly Tesla, play a crucial role in the startup's trajectory.
- Investors have shown confidence in xAI's potential to disrupt the AI landscape, which is evident from the significant interest both institutional and retail investors have shown in the company.
- With $12bn raised in 2024 alone, xAI is positioning itself to take on industry leaders in AI research and development.
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Insider
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Fatal Tesla Cybertruck crash that killed 3 students leads to probe from NHTSA
- The National Highway Traffic Safety Administration (NHTSA) is investigating a fatal Cybertruck crash in California that killed three college students.
- This is the second fatal incident involving a Cybertruck in the US.
- The cause of the crash is yet to be determined, but speed is believed to be a contributing factor.
- Tesla's Cybertruck has faced recalls and multiple NHTSA complaints since its launch.
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Teslarati
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How Tesla Giga Texas inspired one analyst to move his price target up
- Analyst John Murphy of Bank of America raised his price target on Tesla (TSLA) to $400 from $350 after visiting the Giga Texas factory.
- The visit increased Murphy's confidence in Tesla's potential for growth in the coming years with its core EV business, robotaxi offering, and investments in Optimus.
- Tesla has various projects in the works, including Robotaxi, a strong energy business, Optimus humanoid robot, and plans to release a low-cost EV in H1 2025.
- Murphy was impressed by Tesla's Full Self-Driving capability during his ride in Cybertruck and Model Y, noting the adaptation to abnormal road conditions and difficult traffic patterns.
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