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Tesla News
Guardian
2w
287
Image Credit: Guardian
Tesla stock falls after Trump official urges Americans to ‘invest in Elon Musk’
- Shares of Tesla fell after Donald Trump's commerce secretary urged Americans to invest in Elon Musk's electric car company.
- In the last month, Tesla shares have lost a third of their value.
- Musk's work for Trump has led to brand damage and protests, with Tesla dealerhips being vandalized.
- Concerns have been raised about conflicts of interest involving Musk and whether he is profiting from his government work.
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17 Likes
CarExpert
2w
133
Image Credit: CarExpert
2025 Tesla Model Y price and specs: More affordable versions priced for Australia
- The core variants of the Tesla Model Y have been priced for Australia, with the new-look and better-equipped electric SUV due to arrive in late May or early June.
- Priced from $58,900, the base Model Y Rear-Wheel Drive (RWD) is now $3000 dearer than before its facelift, however, there’s more equipment and a greater driving range to justify the increase.
- The Model Y Long Range All-Wheel Drive (AWD) is now $1000 cheaper, starting from $68,900.
- The new Model Y features a sleeker design, increased driving range, overhauled suspension, heated and ventilated front seats, and a larger infotainment touchscreen.
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8 Likes
Teslarati
2w
266
Image Credit: Teslarati
Hyundai prepares for Trump’s tariffs with billion-dollar investment in the United States
- Hyundai is taking steps to prepare for President Trump's tariffs by investing billions in the United States, particularly in its new car factory in Georgia.
- Hyundai is investing $12.6 billion in an assembly plant and two battery joint ventures in the US.
- Hyundai aims to increase local production in the US to alleviate potential risks from Trump's proposed 25% tariff on imported vehicles.
- Hyundai plans to produce a range of vehicles, including internal combustion engine cars, EVs, hybrids, and hydrogen cars, and aims to increase EV sales to over 2 million units worldwide by 2030.
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16 Likes
Insider
2w
356
Image Credit: Insider
It's another recall for Tesla's Cybertruck, this time for 46,000 of them
- Tesla is recalling over 46,000 Cybertrucks due to a detached exterior panel.
- This is the eighth recall for the Cybertruck since its launch in late 2023.
- The NHTSA warned that the detached panel could pose a road hazard and increase the risk of a crash.
- The fix involves using a different glue and bolt to secure the panel.
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21 Likes
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Guardian
2w
351
Image Credit: Guardian
Tesla backer says Musk must reduce Trump work, as 46,000 Cybertrucks recalled
- One of Tesla's biggest supporters has said that Elon Musk needs to reduce his work for Donald Trump to stem the damage to the company's reputation.
- In a separate development, Tesla has announced a recall of 46,000 Cybertrucks in the US to fix an exterior panel that could detach while driving.
- The recall comes amidst ongoing protests against Tesla, with 500 demonstrations planned at Tesla showrooms worldwide on March 29.
- Tesla shares have declined by a third in the past month, partly due to investor concerns over Musk's high-profile involvement with the Trump administration.
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21 Likes
Crypto-News-Flash
2w
334
Image Credit: Crypto-News-Flash
Tesla Stock Goes On-Chain for 24/7 Trading on Injective
- Tesla stock is now fully tradable on-chain via a decentralized exchange, offering 24/7 access without traditional market restrictions.
- Injective expands on-chain stock offerings beyond Tesla, allowing trading of Robinhood stock and proposing inclusion of McDonald's stock perpetual contracts.
- Deutsche Telekom MMS joins as a validator on the Injective blockchain, enhancing security and decentralization.
- Injective partners with Libre, enabling access to on-chain investment funds for institutional investors.
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20 Likes
Blackenterprise
2w
257
Image Credit: Blackenterprise
Why Progressives Are Driving Away From Being Tesla Supporters
- Progressives and fans of Tesla are turning away from the company due to Elon Musk's new role in Washington and his perceived right-wing politics.
- Celebrities such as Jason Bateman and Sheryl Crow have publicly stated their decision to get rid of their Tesla vehicles, citing disagreement with Musk's politics.
- Protests and vandalism at Tesla dealerships have occurred as a result of Musk's involvement in the Trump administration.
- Tesla's stock has plummeted and its reputation has been negatively affected since Musk's controversial political involvement.
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15 Likes
Teslarati
2w
107
Image Credit: Teslarati
BYD is under investigation for violating the EU’s EV subsidy rules
- China's top automaker, BYD, is under investigation by the European Union for violating the EU's electric vehicle (EV) subsidy rules.
- BYD received unfair subsidies from China for its electric car plant in Hungary, leading to additional tariffs on China-made EVs exported to Europe.
- The European Commission is investigating BYD's EV plant in Hungary, which may result in the automaker selling assets, reducing capacity, repaying subsidies, and paying fines.
- The European Union imposed additional tariffs on BYD and other Chinese automakers, while Tesla received a lower duty rate after an investigation.
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6 Likes
Insider
2w
77
Image Credit: Insider
Tesla's most bullish analyst says 2 things need to change
- Wedbush Securities analyst Dan Ives believes Tesla is in a crisis and only Elon Musk can fix it.
- Ives suggests that Musk needs to balance his time between DOGE and Tesla to avoid Tesla becoming a political symbol.
- Musk is urged to make a statement about managing his roles and provide a roadmap for new vehicle releases.
- Investors seek clarity on the Model Y refresh, inventory issues, and demand problems associated with Musk brand damage.
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4 Likes
Teslarati
2w
922
Image Credit: Teslarati
Starlink rival Amazon’s Project Kuiper invests $20M in Indonesia
- Amazon's Project Kuiper, a rival to Starlink, plans to invest $20 million in Indonesia to expand its low earth orbit (LEO) connection service.
- The initial investment will be used to build six gateway stations in the country, with a larger investment of up to $90 million planned by 2035.
- Indonesia's Minister of Communication and Digital Application supports the project and aims to provide equal digital technology access to citizens in all locations.
- Amazon has applied for operational permits and is processing telecommunications licenses and satellite leasing rights in Indonesia.
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4 Likes
Insider
2w
387
Image Credit: Insider
Commerce Secretary Howard Lutnick hawks Tesla stock on TV: 'It'll never be this cheap again'
- "It's unbelievable that this guy's stock is this cheap. It'll never be this cheap again," Commerce Secretary Howard Lutnick said of Elon Musk's EV company, Tesla.
- Commerce Secretary Howard Lutnick says it is a good time to buy Tesla stock now.
- Tesla shares have fallen by more than 50% from their record highs in mid-December.
- Lutnick made a quick pitch for Elon Musk's Tesla during a television interview on Wednesday, highlighting the potential of the company's technology and future growth.
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23 Likes
The Verge
2w
309
Image Credit: The Verge
‘Tesla Takedown’ protesters planning ‘biggest day of action’
- Tesla Takedown protesters are planning a 'biggest day of action' with 500 demonstrations at Tesla showrooms worldwide on March 29th.
- Protests initially started at a few Tesla locations in February, growing to hundreds of locations as people oppose Elon Musk's dismantling of federal government programs.
- There have been incidents of arson, vandalism, and violence against Tesla showrooms, leading to allegations of 'domestic terrorism' by Musk and Trump administration officials.
- Organizers stress the peaceful nature of the movement, aiming to demonstrate at all 277 Tesla showrooms in the US and more worldwide.
- Speakers urged nonviolence and legal consultation for protesters, acknowledging potential legal challenges in conservative areas.
- The protests aim to impact Tesla's stock and force Musk to sell shares to repay debts, potentially affecting the company's future.
- Musk's wealth is tied to Tesla's stock, but his political influence may limit the impact of protests on him and the company.
- Despite Tesla's stock decline, Musk's control in the federal government raises questions about the effectiveness of market forces against him.
- Musk's perception of himself as a 'black hat hacker' living in a 'meme' reality complicates the opposition's strategy and demands clarity in their goals.
- Organizers plan to continue the protests until Tesla separates from Musk.
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18 Likes
Insider
2w
240
Image Credit: Insider
Nvidia CEO Jensen Huang says every company will become an 'AI factory.' Here's what he means.
- Nvidia CEO Jensen Huang predicts companies will become AI factories that generate tokens, which are numerical representations used by AI models.
- Tokens serve as the language for AI models to process and understand data by breaking down words and inputs into numerical representations, aiding in easier processing.
- Huang envisions every company evolving into an 'AI factory,' generating tokens for various applications to enhance products and services across industries.
- Generating tokens is crucial for training, fine-tuning, and running AI models, enabling businesses to optimize operations and decision-making processes through AI.
- In the future, companies will operate traditional factories alongside token-generating facilities, focusing on both physical production and AI development.
- Partnerships like the one between Nvidia and General Motors signify the integration of AI in traditional industries, like auto manufacturing, to improve processes and products.
- Examples such as Tesla's utilization of data collected by its vehicles to enhance AI models demonstrate the shift towards AI-driven decision-making and innovation in various sectors.
- Companies like Vercel and Mercor are leveraging AI to transform data into tokens for diverse applications, ranging from website construction to medical research synthesis.
- The future role of companies will involve producing and utilizing tokens as a form of intelligence, integrating institutional knowledge and best practices within AI systems for improved outcomes.
- The transformation into 'AI factories' aligns with the trend towards AI-driven insights and decision-making processes, revolutionizing the way businesses operate and innovate.
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14 Likes
Teslarati
2w
154
Image Credit: Teslarati
Tesla gets an upgrade on ‘upcoming material catalysts’
- Tesla receives an upgrade on its shares from Cantor Fitzgerald.
- Wall Street firm Cantor Fitzgerald visits Tesla's data centers and production lines ahead of upcoming product launches.
- Cantor Fitzgerald analyst upgrades Tesla to Overweight, citing upcoming material catalysts.
- Catalysts include Robotaxi rollout, Full Self-Driving expansion, affordable models, growth in energy division, and the Semi.
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9 Likes
Insider
2w
219
Image Credit: Insider
Elon Musk says he's shocked at the level of Tesla hate and vandalism happening: 'I've never done anything harmful'
- Elon Musk expresses shock at the level of Tesla hate and vandalism happening.
- Musk blames the political left for the incidents and questions the source of funding and coordination.
- He states that Tesla is a peaceful company that has never done anything harmful.
- The Department of Justice is treating the vandalism as domestic terrorism and arrests have been made.
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13 Likes
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