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Tesla News
Teslarati
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T-Mobile cut Starlink Cellular service, eyes broader access
- T-Mobile has reduced the price of its Starlink cellular service to $10 per month.
- T-Mobile plans to launch the service in July and aims to broaden access.
- The company is seeking FCC approval to extend Starlink cellular service to legacy devices.
- T-Mobile's move aims to dominate the satellite connectivity market and reshape how rural users access mobile networks.
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The Verge
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Waymo might be willing to sell you a self-driving car, says Sundar Pichai
- Alphabet CEO Sundar Pichai stated that Waymo may sell autonomous vehicles for personal ownership in the future.
- Waymo has previously discussed the idea of selling self-driving cars when it partnered with Chrysler to develop self-driving Pacifica minivans in 2018.
- Tesla CEO Elon Musk also mentioned the possibility of selling self-driving cars, with plans to offer a Cybercab for $30,000 by 2026.
- Waymo currently has more operational robotaxis on the road compared to Tesla, and they recently expanded their testing to Japan.
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Teslarati
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Tesla faces emission credits tax in Washington state
- Washington state lawmakers are advancing a bill that would tax Tesla’s emission credits, targeting profits under the state’s clean vehicle policy.
- HB 2077 seeks to impose a 2% tax on emission credit sales and a 10% tax on banked credits, primarily affecting Tesla due to exemptions for companies with fewer credits.
- The tax on emission credits is projected to generate revenue of $78 million in the 2025-27 biennium and $100 million annually thereafter.
- The bill's supporters argue that the tax is necessary to prevent cuts to state services, while critics worry it sets a dubious precedent and undermines the EV mandate.
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Teslarati
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Tesla Takedown group takes victory lap and aims for Starlink and SpaceX
- The Tesla Takedown movement celebrates victory after Tesla's Q1 2025 earnings release.
- Tesla Takedown plans to target Elon Musk's other ventures, including Starlink and SpaceX.
- Despite Tesla Takedown's claims, Tesla's Q1 results were affected by the Model Y changeover.
- Tesla Takedown's impact on Tesla and Elon Musk's brands will be observed more accurately in Q2 2025.
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Insider
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Insiders reveal how Tesla is preparing for its June robotaxi launch
- Tesla is preparing for its June robotaxi launch in Austin, Texas, with about 300 test operators conducting crucial testing.
- The company rolled out a test version of its robotaxi app to Autopilot engineers and engaged with local first responders.
- An internal program named 'Project Rodeo' has been intensifying efforts towards self-driving software development.
- Tesla's deadline for the launch is set for June 1, aiming to debut a fleet of 10 to 20 self-driving Model Y cars.
- Challenges include accumulating critical miles for testing in complex driving situations to ensure safety and performance.
- Test drivers are assigned specialized routes for critical and adversarial testing to evaluate system capabilities.
- Tesla has been collaborating with local emergency services and first responders for testing and feedback.
- The company has started demoing the robotaxi app internally and is considering remote operators for safety during public rollout.
- Despite focusing on Austin and San Francisco for testing, Tesla plans to expand its self-driving cars to other cities this year.
- Musk mentioned a fleet of Teslas circling Austin for testing, indicating the intensive preparation for the upcoming robotaxi launch.
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Teslarati
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Tesla is trying to make a statement with its Q2 delivery numbers
- Tesla is rolling out promotions to prove skeptics wrong about its delivery numbers in Q2.
- Promotions include free Full Self-Driving transfer, 0% APR financing for Model 3, and discounts on Model Y.
- In China, Tesla offers five-year, zero-interest financing for Model Y and Model 3.
- A strong Q2 delivery result may renew faith in CEO Elon Musk's commitment to Tesla.
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Teslarati
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BYD profit surges 100.4% as smart EVs drive growth
- China's leading automaker, BYD, reported a 100.4% profit surge in the first quarter, driven by smart EV features.
- BYD's net profit reached 9.2 billion yuan, exceeding its earlier forecast.
- BYD's revenue for the quarter increased to RMB 170.4 billion, up 36.4% year-on-year.
- BYD's dominance in China's EV market grew stronger with a market share of 13.6%.
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Insider
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BYD, Tesla's biggest rival in China, just doubled its profits
- Chinese auto giant BYD, one of Tesla's biggest rivals, reported a doubling of its net profits in the first quarter compared to the previous year.
- BYD's net profit increased to 9.15 billion yuan ($1.3 billion), surpassing Tesla's net income of $409 million for the same period.
- Operating revenues for BYD also rose 37% to 170.4 billion yuan ($23.3 billion) in the first quarter, with earnings per share up 99%.
- BYD continues to surpass Tesla in key financial metrics, with its aggressive expansion strategies and growing sales.
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Teslarati
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D.C. suspect faces charges for vandalizing Tesla vehicles
- A Washington, D.C., man has been charged with vandalizing Tesla vehicles across Northeast D.C., with authorities labeling the acts as domestic terrorism.
- Justin Fisher, 49, faces four misdemeanor counts of defacing public or private property for incidents between March 1 and March 21, 2025, U.S. Attorney Edward R. Martin Jr. and Metropolitan Police Department Chief Pamela Smith announced.
- Fisher allegedly targeted multiple Tesla vehicles in different locations during March, with the first incident occurring on March 1 and the last incident on March 21.
- The case is being treated as domestic terrorism, showcasing the authorities' commitment to crack down on ideologically driven property crimes.
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Evannex
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Used EV Prices Drop 40% as Buyer Interest Hits All-Time High
- Used EV prices have dropped over 40% in three years, leading to a surge of interest from car buyers.
- Filtered searches for 'electric vehicle' have nearly doubled, indicating increased demand for used EVs.
- The most popular used EVs include the Tesla Model 3, Tesla Model Y, and Chevy Bolt. New contenders like the Ford F-150 Lightning and Rivian R1T are also gaining popularity.
- More people are now trading in sedans and coupes for EVs, indicating the expansion of the EV buyer base.
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Teslarati
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Tesla Robotaxi benefits from Trump’s new self-driving rules
- The Tesla Robotaxi network will benefit from U.S. President Trump’s new self-driving rules.
- The Trump administration is loosening regulations to support U.S. automakers like Tesla in developing self-driving cars.
- The new policies aim to outpace Chinese competitors in autonomous vehicle development by streamlining safety regulations and crash reporting requirements.
- Tesla's ambitions in autonomous driving, particularly the Robotaxi network, align with the regulatory changes, giving the company more flexibility to innovate.
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Insider
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Protesters are taking a victory lap after Tesla's dismal earnings — and taking aim at Musk's other companies
- After Tesla's dismal earnings release, climate activists protested at a Tesla dealership in San Francisco and demanded Elon Musk's firing.
- Anti-Tesla organization Tesla Takedown saw an increase in follower count and protest interest after the earnings miss.
- Tesla Takedown plans to expand its efforts to target other companies run by Elon Musk, such as SpaceX and Starlink.
- Protesters accused Tesla of 'greenwashing' and called for Elon Musk's removal as CEO.
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Insider
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CEOs can't stop saying these 4 words on earnings calls
- CEOs mentioned Donald Trump in 88 earnings calls in the past 30 days, up from 5 in the same period last year.
- Instances of CEOs mentioning tariffs in earnings calls increased from 58 last year to 569 in the past 30 days.
- Whirlpool CEO Marc Bitzer mentioned 'tariffs' 50 times, presenting them as positive news for the company.
- The words 'mitigate' and 'uncertainty' have also been commonly used by CEOs in earnings calls this year.
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Insider
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State officials and pension-affiliated stakeholders remain concerned about Tesla, even with Musk's pledge to step back from DOGE
- Elon Musk announced he will reduce his involvement in the White House to focus more on Tesla by May.
- Concerns persist among Tesla investors and stakeholders regarding Musk's distractions from government work.
- Some state treasurers and stakeholders doubt that Musk's reduced White House role will suffice.
- Musk emphasized that his White House role will become secondary as he dedicates more time to Tesla.
- State treasurers, including Michael Frerichs of Illinois, criticized Musk for damaging Tesla's brand value.
- Frerichs and six other state treasurers expressed concerns in a letter to Tesla's board chair about Musk's focus.
- Institutional shareholders previously urged Musk to prioritize Tesla's growth over external commitments.
- Various state treasurers like Brad Lander of New York City and Dave Young of Colorado highlighted their concerns over Musk's leadership.
- Pension funds and institutional shareholders question Musk's handling of Tesla given recent underperformance.
- Critical voices, including that of Joakim Embu from KLP, suggest Musk may have jeopardized Tesla's interests for personal gains.
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The Verge
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Trump updates Biden’s robo-car crash reporting rule to benefit Tesla
- President Trump's transportation department has decided to keep the Biden-era rule requiring automakers and tech companies to report crashes involving autonomous vehicles and driver-assist systems.
- The rule, known as the standing general order, has been revised to remove reporting requirements for Level 2 driver-assist systems, benefiting Tesla.
- Tesla has reported over 1,500 crashes since the implementation of the rule, with the company accounting for most fatal crashes under the rule.
- The changes in the rule will result in less bad press for Tesla, reduced transparency for the public, and streamlined reporting for automated driving systems.
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