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Tesla News
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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Evannex
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What’s New in the EV World? Key Updates Every Tesla Driver Should Know
- Tesla has revealed the Cybercab, an autonomous EV designed for their upcoming ride-hailing service, offering more affordable and efficient options to urban transportation.
- Tesla's Full Self-Driving (FSD) update, Version 13, has been released, featuring features to reduce driver interventions and bringing the company closer to fully autonomous driving.
- Tesla is offering deals and discounts on their models, including 0% financing options, amidst increasing competition in the Chinese market.
- Tesla's stock is soaring, hitting a new high, thanks to these exciting developments and renewed investor optimism.
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Digitaltrends
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Dodge’s Charger EV muscles up to save the planet from ‘self-driving sleep pods’
- Dodge is launching a marketing campaign for its upcoming fully electric EV, the Daytona Charger, called 'Save the Planet'.
- The campaign aims to position the new electric Charger as a bold alternative to 'self-driving sleep pods' and to maintain the brand's irreverence.
- The swipe at 'self-driving sleep pods' could be directed towards Tesla, as CEO Elon Musk has endorsed ending EV incentives and has promoted autonomous driving.
- Dodge's parent company, Stellantis, plans to use the Tesla North American Charging Standard connector for its EVs.
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Teslarati
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Chinese automakers avoid EU’s EV tariffs with hybrid vehicles
- Chinese automakers are increasing hybrid exports to Europe to avoid the European Union’s tariffs on China-made electric vehicle (EV) imports.
- China’s top automakers—BYD, SAIC, and Geely—have increased their hybrid vehicle exports to Europe after the European Union implemented EV tariffs on China-made vehicles.
- Europe and China are negotiating a potential compromise to the tariffs, but the issue remains unresolved.
- China has filed a complaint with the World Trade Organization (WTO) about the EU’s EV tariffs, while Europe has fought back against China’s complaint.
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Teslarati
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GM & EVgo install over 2,000 fast charging stalls across the US
- General Motors (GM) and EVgo have installed over 2,000 fast-charging stalls across the United States.
- EVgo and GM have established fast-charging stalls in over 390 locations across 32 states.
- The partners aim to install a total of 2,850 DC fast-charging stalls nationwide.
- The fast-charging network will include 400 public fast-charging stalls in major metropolitan areas.
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Teslarati
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Rivian opens charging outpost that caters to all EVs
- Rivian has opened its first charging outpost in Joshua Tree National Park that caters to all electric vehicles (EVs).
- The outpost delivers up to 900 volts and features CCS connectors, supporting NACS-equipped electric vehicles.
- Rivian's charging outpost provides amenities such as snacks, coffee, and a kid's play area for visitors.
- The company aims to support widespread electrification and create a simple, sustainable, and convenient charging network.
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Teslarati
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Lucid Gravity production officially starts
- Lucid Motors has officially started production of its all-electric SUV, the Gravity, at its Arizona facility.
- The Lucid Gravity offers seating for up to seven with up to 120 cubic feet of cargo space and has a projected EPA range of over 440 miles.
- The interior of the Lucid Gravity includes features like ventilated 18-way power front seats with massage functionality and Lucid's DreamDrive advanced driver assistance system.
- The Gravity is priced at $79,900 for the Touring variant and $94,900 for the Grand Touring variant, and it will compete against the Rivian R1S and Tesla Model X.
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Teslarati
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xAI supercomputer in Memphis to be upgraded to 1 million GPUs
- xAI is set to expand its Colossus supercomputer cluster in Memphis to 1 million GPUs.
- The current configuration of Colossus is powered by 200,000 Nvidia H100/H200 GPUs.
- The expansion aims to enhance the capabilities of xAI's large language model, Grok.
- xAI's market value has soared to $50 billion, and the company has raised $11 billion in 2024.
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Teslarati
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DOGE’s Elon Musk and Vivek Ramaswamy meet GOP lawmakers on Capitol Hill
- Elon Musk and Vivek Ramaswamy meet GOP lawmakers on Capitol Hill to discuss the Department of Government Efficiency (DOGE).
- The interest in DOGE's mission to cut inefficiencies in federal spending has been nonpartisan and even apolitical.
- The meeting is expected to focus on potential budget trims, with brainstorming sessions between Musk, Ramaswamy, and lawmakers.
- Optimism and concerns exist around finding more efficiencies in the federal government without cutting Social Security or Medicare.
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Teslarati
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Tesla China highlights legacy of safety in latest marketing push
- Tesla is promoting its reputation for producing vehicles with the best safety standards in China.
- The Tesla Model 3 received top safety ratings in China's EV fire safety index and automotive fire safety certification.
- Tesla vehicles have a lower probability of catching fire compared to gasoline cars.
- Tesla China sold 78,856 cars wholesale in November, with sales increasing by 15.49% from the previous month.
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Teslarati
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Nissan Ariya to gain access to NACS-compatible Tesla Superchargers starting Dec 10
- Nissan Ariya drivers will gain access to NACS-compatible Tesla Superchargers starting December 10, 2024.
- The addition of Tesla's Supercharger Network expands the NISSAN ENERGY Charge Network (NECN).
- Nissan EV owners will need a NACS adapter kit to access the Tesla network.
- Nissan plans to include NACS ports directly on their electric vehicles in 2025.
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Digitaltrends
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Hyundai believes CarPlay, Android Auto should remain as options
- Hyundai is committed to continuing to offer CarPlay and Android Auto in its vehicles.
- The decision is based on the negative reactions that followed General Motors' decision to stop offering the apps.
- Hyundai believes in giving people all the options and keeping up with the demands of the market.
- While Hyundai acknowledges that better alternatives may emerge in the future, for now, they will stick to their philosophy of covering all the bases.
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Teslarati
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Tesla skeptic from ‘Big Short’ gives up his position for this big reason
- Tesla skeptic Danny Moses, known for his appearance in 'The Big Short,' has revealed that he has exited his short position on Tesla's stock.
- Moses stated that it is difficult to short a stock like Tesla that is not trading based on fundamentals.
- Although Moses has given up his short position, he still holds skepticism about the company and CEO Elon Musk's promises.
- Other prominent Tesla skeptics, such as Jim Chanos, have also abandoned their short positions after experiencing losses.
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Arstechnica
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No more EV app folders: Universal plug-and-charge is due to launch in 2025
- SAE International is launching a new 'universal Plug and Charge' initiative in 2025.
- The initiative aims to simplify the charging process for electric vehicles.
- With universal Plug and Charge, users can plug in their EV and let the car and charger handle payment details.
- Some car and charging network combinations already offer similar systems, and Tesla will also join the plug-and-charge movement.
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Teslarati
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First look at Tesla’s app for the Apple Watch
- Tesla has released its app for the Apple Watch as part of its 2024 Holiday Software Update.
- The app allows users to check the state of charge, control the cabin climate, and open the frunk of their Tesla vehicles.
- The Apple Watch app was a highly requested feature by Tesla owners.
- The app is currently limited in functionality but serves as a convenient tool for quick control.
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