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Tesla News
Bitcoinsensus
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Las Vegas Tesla Attack Highlights Rising Tensions Against Musk and DOGE
- Multiple Tesla vehicles were attacked in Las Vegas, with gunshots and Molotov cocktails reported, prompting increased security at Tesla locations despite authorities deeming the incident isolated
- Protests against Elon Musk have intensified since his support for Donald Trump and controversial cuts as head of DOGE, including reductions in veterans’ healthcare and pediatric cancer research
- DOGE has saved $115 billion so far, achieving 5.75% of its $2 trillion goal by July 2026, but its current pace suggests it may miss the next-year deadline
- The attack on Tesla vehicles in Las Vegas was deemed an isolated incident, leading to increased security at Tesla locations.
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Teslarati
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Tesla kicked from popular auto show as event succumbs to protest pressure
- The Vancouver Auto Show in Canada has decided not to allow Tesla to participate in the event due to concerns about potential disruption from protestors and opposition to the company.
- Tesla was given multiple opportunities to voluntarily withdraw from the show, but declined. The decision to exclude Tesla sets a precedent that violence and destruction tactics used by groups opposing the company can be successful in achieving their goals.
- While prioritizing safety, the move to exclude Tesla from the show could potentially result in some fans boycotting the event.
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The Verge
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Tesla crash victims’ families worried about Musk’s influence over investigations
- Family members of Tesla crash victims are concerned about Elon Musk's influence in the Trump administration.
- They are urging the US Department of Transportation to retain a Biden-era rule that requires reporting of crashes involving autonomous vehicles.
- Tesla has reported the most number of crashes to date, and eliminating the rule would benefit the company.
- The families ask the Transportation Secretary to keep the rule in place and ensure impartial investigations into Tesla's autonomous driving technology.
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TechDigest
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Google agrees to pay $28 million in racial bias lawsuit, $499 Pixel 9A launched
- Google has agreed to pay $28m to settle a lawsuit that claimed racial bias in the company.
- GPS, a system we rely upon for navigation, is vulnerable to interference and GPS jamming.
- Google has announced the launch of Pixel 9A, featuring improved specs and starting at $499.
- The FBI is investigating Molotov cocktail attacks on Tesla vehicles and dealerships.
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Insider
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34
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Elon Musk's slice of SpaceX is now worth $43 billion more than his Tesla stake
- Elon Musk's slice of SpaceX is worth $43 billion more than his Tesla stake, per Bloomberg.
- The value gap between Elon Musk's stakes in Tesla and SpaceX has widened to $43 billion following the slide in the EV maker's stock.
- Musk's 13% stake in Tesla is worth $92.6 billion, while his stake in SpaceX is valued at $136 billion.
- Musk's net worth has decreased by $130 billion this year due to the fall in Tesla stock.
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BGR
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133
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BYD’s new electric cars can recharge as fast as filling up a gas tank: 400km in 5 minutes
- Chinese EV company BYD has announced the new Super e platform, which can offer charging times as fast as refueling a gas car.
- The BYD charging speed requires new tech and will be available in the upcoming models such as the Han L sedan and the Tang L SUV.
- The 5-minute recharge time for the electric car will give a range of 400km or about 250 miles.
- However, a full battery charge will require a longer time at the charging station.
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Insider
2w
259
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DoJ says attacks on Tesla stores are 'domestic terrorism' as more incidents emerge
- The Department of Justice charges suspects involved in attacks on Tesla stores, labeling them as 'domestic terrorism.'
- New incidents of arson and shootings at Tesla facilities were reported this week.
- Tesla CEO Elon Musk condemns the attacks and states that Tesla has done nothing to deserve them.
- Protests and vandalism targeting Tesla have also been seen in the UK and abroad.
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Eu-Startups
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C1 Green Chemicals AG secures €20 million to defossilise the carbon-based chemical industry
- Berlin-based CleanTech startup C1 Green Chemicals AG secures €20 million in funding to bring its green methanol catalysis technology to market.
- The funding includes a €15 million capital increase involving investors, led by denkapparat and other notable investors, and €5 million from research grants.
- C1's methanol catalysis technology disrupts traditional chemical production processes and enables the production of green methanol from non-fossil feedstocks.
- The funding will be used to build the world's first demonstration plant for homogeneously catalysed methanol and further develop C1's innovative chemical production processes.
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Teslarati
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Image Credit: Teslarati
SpaceX is in talks with another potential Starlink partner in India
- SpaceX is in talks with Vodafone Idea Ltd, an Indian telecom company, for a potential partnership to offer Starlink internet services to its customers.
- Vodafone Idea's share price increased by 4.93% upon the news of the talks.
- Vodafone clarified that the discussions with SpaceX are part of its routine business strategy to enhance the quality of its services and expand its telecommunication offerings.
- Bharti Airtel and Jio Platforms, Vodafone's rivals in India, have already signed deals with SpaceX for Starlink services.
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Evannex
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210
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Has Musk Become Tesla’s Biggest Risk Factor?
- Recent reports suggest that Tesla’s struggles aren’t just about increasing EV competition or market slowdowns. Musk’s personal actions, political shifts, and business distractions are playing a major role in Tesla’s downturn.
- Tesla’s stock has dropped nearly 50% in the past year, with Musk's controversial actions and political alignment being identified as a growing risk for investors.
- Musk's involvement in politics and social media controversies has diverted his attention from improving Tesla's overall growth and addressing production issues.
- Tesla's once-dominant tech advantage is shrinking as legacy automakers develop competitive EVs, while the delay in launching Tesla's next-gen affordable EV could cost the company market share.
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Luxuo
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12
Image Credit: Luxuo
JPMorgan Says Tesla Is About To Have A Bad Time
- JPMorgan cuts Tesla's delivery forecast by 20% to 355,000 units
- JPMorgan predicts Tesla stock will eventually drop to USD 120 per share
- Tesla faces challenges due to Trump administration's tariffs on U.S. market
- Tesla's sales decline in Europe, and faces competition from Chinese brands
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Silicon
2w
249
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Mercedes-Benz Trials Humanoid Robots From Apptronik
- German carmaker Mercedes-Benz is conducting trials of humanoid robots from Apptronik at its production lines.
- Mercedes-Benz is testing Apptronik's Apollo model for tasks such as moving components to the production line and carrying out quality checks.
- The company has taken a stake in Apptronik and is training the robots through teleoperation to gradually make them autonomous.
- Other carmakers, including Honda, Hyundai, and BMW, have also experimented with humanoid robots in their production processes.
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Teslarati
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146
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Tesla attacks deemed a ‘federal crime’ by FBI after Las Vegas fire
- Tesla attacks in Las Vegas, where several vehicles were shot at and set on fire, have been deemed a federal crime by the FBI.
- Surveillance footage revealed a person shooting at the electric cars and setting them on fire with Molotov cocktails.
- No injuries were reported, and the fires were extinguished before reaching the Tesla batteries.
- Tesla attacks in different parts of the United States have become more frequent, often linked to Elon Musk's political activities.
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Insider
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116
Image Credit: Insider
I'm a Tesla investor and I've got millions in the company. I think Elon Musk is key to Tesla's success, but it can endure without him.
- Christopher Tsai, a Tesla investor with one-fifth of his $137 million portfolio in Tesla stock, believes the company can succeed without Elon Musk.
- Tsai compared Musk's role at Tesla to Steve Jobs at Apple, stating that a visionary's departure doesn't mean investors should exit.
- Despite Musk's importance, Tsai said he would assess the fundamentals before making any decisions if Musk were to leave.
- Tsai Capital, led by Christopher Tsai, had previously held more Tesla shares but reduced its stake as it became an outsized portion of the portfolio.
- Tsai mentioned the positive impact of Musk's ties to the Trump administration on Tesla's prospects.
- Despite recent turmoil and stock decline, Tsai Capital has started buying Tesla shares again.
- Tsai expressed optimism about Musk's involvement in shaping government policies and believes negative market sentiment will diminish.
- Tsai dismissed the notion of Chinese automaker BYD displacing Tesla in the EV industry and emphasized there is room for multiple players.
- He attributed Tesla's recent sales decline to the Model Y refresh and stated that such occurrences lead to temporary sales slowdowns.
- Tsai remains bullish on Tesla's long-term growth prospects, focusing on fundamentals rather than short-term market fluctuations.
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Insider
2w
111
Image Credit: Insider
Elon Musk is MIA as a CEO. He's not alone.
- Tesla's stock has been on a downward spiral, with protesters targeting the company due to CEO Elon Musk's politics, leading some owners to sell their cars out of fear.
- Musk's absence as a CEO and his focus on other ventures like Twitter and government efficiency have raised concerns among Tesla investors.
- Absent leadership in corporations, characterized by CEO distance or neglect, is a prevalent issue that can harm morale and productivity.
- Modern CEOs, like Musk, have shifted from internal product leaders to public figures focused on driving shareholder value, potentially neglecting day-to-day operations and company culture.
- CEOs working remotely or juggling multiple companies, like Musk with Tesla, SpaceX, and X, may underperform and have lower valuations, partly due to divided attention.
- Musk's various ventures and distractions have impacted Tesla's stock performance, along with political involvement and concerns around EV demand.
- The absenteeism of CEOs, particularly micromanagers like Musk, can lead to detachment from employees, poor decision-making, and slower response times within organizations.
- Tesla investors express concerns about Musk's divided focus, with some hoping he will prioritize Tesla's Full Self-Driving technology over his other ventures.
- Musk's absenteeism has created uncertainty and criticism, with shareholders and analysts questioning his ability to effectively manage his multiple ventures.
- The impact of Musk's divided attention and political actions extends beyond his personal wealth to affect customers, shareholders, and workers at Tesla, posing challenges for the company's future.
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