A naukri.com initiative
Tesla News
Digitaltrends
3w
8
Image Credit: Digitaltrends
Tesla, Volkswagen and Chevrolet purchases are highly dependent on EV rebates: JD Powers
- Sales of electric vehicles could be impacted if the Trump administration ends the $7,500 federal tax incentives on EV purchases and leases.
- J.D. Power's study found that incentives played a crucial role in consumer decisions, with 64% of premium brand EV owners and 49% of mass market EV owners selecting their vehicles based on tax credits and incentives.
- Volkswagen, Chevrolet, and Tesla owners were the most influenced by incentives, with 81% of Volkswagen buyers, 77% of Chevrolet buyers, and 72% of Tesla buyers citing tax credits and incentives as the top reason for their purchase.
- Trade groups, including the Zero Emission Transportation Association, have come out in support of keeping federal incentives to boost job opportunities and support domestic EV manufacturers.
Read Full Article
Like
Teslarati
3w
101
Image Credit: Teslarati
Stellantis halts production due to poor Fiat 500 EV sales
- Stellantis is halting production at its Mirafiori plant in Turin due to poor Fiat 500 EV sales.
- Continuing uncertainty in sales of electric cars in European markets and luxury cars in non-European countries are cited as reasons.
- The production halt will be from December 2, 2024, to January 5, 2025.
- Stellantis also plans to shut down its Vauxhall van factory in England, putting over 1,000 jobs at risk.
Read Full Article
6 Likes
Teslarati
3w
415
Image Credit: Teslarati
Tesla loan approvals to get fast tracked by Philippine banks–with high interest
- Tesla Philippines opens its flagship store in Taguig, Manila and offers financing packages for Model 3 and Model Y.
- UnionBank and RCBC in the Philippines offer faster approval and fully digital auto loan processes for Tesla customers.
- The high interest rates on loans for Model 3 and Model Y may limit their affordability to higher-tier customers.
- High interest rates for auto loans are common in the Philippines, hindering mainstream EV adoption.
Read Full Article
24 Likes
Teslarati
3w
344
Image Credit: Teslarati
BYD Mexico Plant in limbo after Trump Win [Op-ED]
- BYD's plans for a car plant in Mexico may be in limbo after Donald Trump became the next President of the United States.
- BYD has not issued a 'firm' project proposal to establish a car plant in Mexico.
- Progress on the potential BYD car plant in Mexico seems to have come to a halt after Trump's victory.
- Even if Trump does not impose 25% tariffs on goods from Mexico, he could decide to implement tariffs on goods from China, affecting BYD.
Read Full Article
20 Likes
Discover more
Teslarati
3w
185
Image Credit: Teslarati
Tesla starts rolling out charge port heater function
- Tesla is rolling out a charge port heater update for select vehicles.
- The charge port heater makes it easier to remove the charging cable in frigid conditions.
- Previously, the heated charge port could only be activated by engaging other vehicle features.
- With the new update, users can manually turn on the charge port heater without engaging another function.
Read Full Article
11 Likes
Teslarati
3w
397
Image Credit: Teslarati
Volkswagen India accused of allegedly evading $1.4B in taxes
- Volkswagen India has been accused of allegedly evading $1.4 billion in taxes by paying less import duties on components for Audi, VW, and Skoda branded cars.
- The Indian government issued a notice to Volkswagen India about evading levies by 'mis-declaring and mis-classifying' imported car parts.
- Volkswagen imported unassembled car parts, but declared them as 'individual parts' to pay lower taxes between 5%-15% instead of 30%-35%.
- The investigation found that different shipment consignments were used to evade detection and 'willfully evade payment.'
Read Full Article
23 Likes
Teslarati
3w
176
Image Credit: Teslarati
Tesla sends out invitations for Cybercab display at Art Basel in Miami, FL
- Tesla is sending out invitations for a Cybercab showcase event at Art Basel in Miami, FL.
- The event is scheduled to take place on December 7, 2024.
- The Cybercab is Tesla's autonomous ride-hailing vehicle.
- The Cybercab features an inductive charging system for seamless operations.
Read Full Article
10 Likes
Teslarati
3w
393
Image Credit: Teslarati
Volkswagen to sell assembly plant linked to Uyghur labor in China
- Volkswagen-SAIC joint venture is selling its assembly plant in Xinjiang, China, linked to Uyghur forced labor.
- The plant has faced criticism for alleged use of forced labor in the region.
- Volkswagen and SAIC extended their joint venture agreement to continue plans for new products and align with their 'In China, for China' strategy.
- The joint venture aims to launch 18 new models in the Chinese market, including electric vehicles and plug-in hybrids.
Read Full Article
23 Likes
Evannex
3w
291
Image Credit: Evannex
Love Your Tesla? Now You Can Own It After Your Lease Ends!
- Tesla has reintroduced the option for customers to purchase their leased vehicles at the end of the lease term.
- The new policy allows lessees to buy out their vehicles using the Tesla app, excluding customers in Iowa and Louisiana.
- The change in policy suggests a shift in Tesla's autonomous vehicle strategy, acknowledging that widespread autonomous driving might take longer than anticipated.
- The lease buyout option provides flexibility for Tesla drivers, injects more pre-owned Teslas into the market, and opens up customization opportunities.
Read Full Article
17 Likes
Teslarati
3w
331
Image Credit: Teslarati
Tesla confirms incredible Optimus hand demo was teleoperated
- A Tesla Senior Staff Software Engineer has confirmed that the remarkable new demonstration of Optimus’s new hand was teleoperated.
- The demonstration showed Optimus catching two tennis balls using its upgraded hand.
- The Senior Staff Software Engineer mentioned that catching a ball with Optimus’ previous hand was almost impossible.
- The upgrades to Optimus’ hands have been teased by Tesla, with CEO Elon Musk stating that the humanoid robot’s new hand will feature 22 degrees of freedom.
Read Full Article
19 Likes
Insider
3w
393
Image Credit: Insider
Elon Musk and Sylvester Stallone attended Trump's Thanksgiving dinner that's all over social media
- Elon Musk and Sylvester Stallone attended Donald Trump's Thanksgiving dinner at Mar-a-Lago in Florida.
- Musk, a vocal political supporter of Trump, has been regularly spotted at Trump's resort base and is reportedly playing a role in selecting the incoming president's cabinet picks.
- Videos circulating on social media showed Musk discussing Stallone's film 'Demolition Man' and participating in a rendition of 'YMCA,' a staple at Trump's campaign rallies.
- Mark Zuckerberg also dined with Trump at Mar-a-Lago on Thanksgiving eve.
Read Full Article
23 Likes
Insider
3w
702
Image Credit: Insider
Elon Musk's hunger for chips is taxing Nvidia's capacity to make them: report
- Elon Musk's demand for Nvidia chips is straining the company's supply chain.
- A sales lead for Nvidia informed colleagues in an email that Musk's demand is putting pressure on their supply chain.
- Nvidia has worked hard to meet the needs of all customers and has expanded the available supply of its chips.
- Musk has been building his own chip inventory and redirected $500 million worth of Nvidia chips from Tesla to his other ventures.
Read Full Article
3 Likes
Teslarati
3w
265
Image Credit: Teslarati
China EV tariffs in the EU are far from resolved
- Negotiations between China and the European Union (EU) regarding tariffs on Chinese electric vehicle (EV) imports are ongoing and far from being resolved.
- Last week, the chairman of the European Parliament’s trade committee stated that the EU and China were close to reaching an agreement on EV tariffs.
- However, EU officials have refuted this claim, stating that both parties are still far from reaching an agreement.
- Outside of negotiations, China has filed a complaint with the World Trade Organization (WTO) against the EU for its EV tariffs.
Read Full Article
15 Likes
Digitaltrends
3w
265
Image Credit: Digitaltrends
Tesla’s humanoid robot ‘got a new hand for Black Friday’
- Tesla CEO Elon Musk has shared a video of the automaker's humanoid robot, Optimus, catching a tennis ball.
- Musk envisions Optimus as a personal robot companion, similar to C-3PO and R2-D2 from Star Wars.
- The video demonstrates impressive capabilities, including rapid ball detection and grasp timing.
- Musk plans to deploy humanoid robots at Tesla factories in 2025 and make them commercially available by 2026.
Read Full Article
15 Likes
Teslarati
3w
57
Image Credit: Teslarati
Stellantis shut downs plant as it invests in EVs
- Stellantis plans to shut down its Vauxhall van factory in southern England as it invests more in EV production.
- Over 1,000 jobs are at risk due to the factory shutdown, but Stellantis argues that jobs will be relocated to its Ellesmere Port site in northern England.
- The UK government is reconsidering EV sales targets and opening consultations for Zero Emission Vehicle (ZEV) mandates.
- Automakers have expressed concerns that the ZEV mandates threaten jobs and Britain's appeal as a manufacturing hub.
Read Full Article
3 Likes
For uninterrupted reading, download the app