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Tesla News
CarExpert
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Cupra won’t follow Tesla, Ford by cutting EV prices
- Cupra is launching new electric vehicles in Australia and aims to offer them at competitive but sustainable prices.
- Cupra is committed to maintaining stability in pricing in order to minimize customer anxiety over EV resale values.
- In addition to competition from other European manufacturers and Tesla, Cupra also faces competition from affordable Chinese EVs.
- Cupra emphasizes that value goes beyond the sticker price, with a focus on the ownership experience and support services.
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The Verge
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Multiple Tesla vehicles were set on fire in Las Vegas and Kansas City
- Two Teslas caught fire in separate incidents in Las Vegas and Kansas City.
- In Las Vegas, a suspect hit several vehicles with Molotov cocktails and three bullets at a Tesla collision center.
- The fire department extinguished two Teslas before the batteries ignited and the FBI's joint terrorism task force is investigating the incident.
- In Kansas City, a Cybertruck parked in a Tesla parking lot caught fire, spreading to another Cybertruck. The fire is being investigated for possible arson.
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Insider
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Elon Musk just scored a much-needed win: SpaceX brought those 2 stranded astronauts home
- SpaceX successfully brought home two astronauts who were stuck on the International Space Station for months.
- Their return marks a victory for Elon Musk and SpaceX after recent setbacks in his other ventures.
- SpaceX's Crew Dragon spacecraft splashed down in the Gulf of Mexico, concluding a routine spaceflight.
- The safe return of the astronauts is significant for Musk as he faces challenges with Tesla and SpaceX.
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The Verge
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Tesla awarded ride-hail permit in California, a first step for robotaxis
- Tesla has been granted a ride-hail permit by the California Public Utilities Commission (CPUC).
- The permit allows Tesla to transport its employees on a pre-arranged basis in Tesla vehicles.
- Tesla will need to notify CPUC before transitioning to transporting members of the public.
- The company has yet to participate in CPUC's autonomous vehicle passenger program.
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The Verge
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Tesla’s Cybercab robotaxi event: the biggest news and announcements
- Tesla CEO Elon Musk revealed a prototype of the company’s first fully driverless vehicle, the Cybercab.
- The Cybercab can be configured as a 'mass transit' or a cargo carrier and comes with butterfly doors.
- The event also had a surprise announcement of a new 'Robovan' transport vehicle.
- The success of the 'We, Robot' event will determine if Tesla can compete with other robotaxi companies.
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Teslarati
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Tesla receives its first robotaxi permit in California
- Tesla has received its first permit in California to operate driverless ride-hailing services.
- The California Public Utilities Commission (CPUC) approved Tesla's application for a charter-party carrier permit.
- The permit allows Tesla to operate a chauffeur fleet for certain commercial purposes but does not permit ride-hailing or full autonomous vehicle use.
- Tesla plans to launch a highly-anticipated autonomous robotaxi business in Texas and California this year.
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TechCrunch
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What Tesla can and can’t do in California with its new passenger transportation permit
- Tesla has been granted a transportation charter permit (TCP) by the California Public Utilities Commission, allowing the company to operate a private transportation service.
- This permit is different from the permits held by Uber and Lyft and only enables Tesla to offer prearranged transportation services using its own vehicles and employees as drivers.
- The permit does not cover autonomous vehicle testing or deployment, and Tesla needs additional permits from the California Department of Motor Vehicles for such operations.
- Tesla plans to initially use the TCP permit for transporting its employees and will notify the CPUC when it transitions to transporting the public.
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Insider
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Tesla's stock slump is driving Wall Street crazy — but not Elon Musk's employees
- Despite Tesla's stock slump, employees are unbothered and confident in the company.
- The stock is down 44% year-to-date, but workers point out that it is still up 30% from last year and spiked over 800% in the last five years.
- Employees actively avoid looking at the share price and focus on factors they cannot control, such as CEO Elon Musk's activities.
- Workers express overall optimism about the future of the company, believing that if the product is good, people will still buy it.
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Teslarati
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Tesla has joined the Australian Energy Council
- Tesla has joined the Australian Energy Council (AEC) as its newest member.
- The membership provides an opportunity for collaboration in driving Australia's energy transition.
- Tesla's Megapacks and Powerwalls are being deployed in Australia to support grid-scale and home-scale battery projects.
- Tesla's involvement in the Australian energy landscape is expected to shape the future of the industry.
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TechCrunch
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Tesla and Rivian charging networks have fewest problems by far, according to Consumer Reports
- Tesla and Rivian have the most problem-free EV charging networks, according to Consumer Reports survey.
- Only 4% of respondents experienced problems at Tesla's Supercharger network, while 5% experienced problems with Rivian's Adventure Network chargers.
- Shell's Recharge network had the worst performance, with 48% of owners reporting problems, followed by EVgo and Blink chargers with 43% and 41% respectively.
- The most common reported issues across all networks were related to payment and charging station hardware, according to Consumer Reports.
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Teslarati
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Tesla excluded from incentives in Canada over Trump tariffs
- Tesla has been excluded from electric vehicle (EV) incentive programs in Canada as a retaliation against CEO Elon Musk and the Trump administration's recent tariffs.
- Toronto Mayor announced that tax incentives for Tesla vehicles for ride-hailing and taxi purposes will no longer be provided, excluding the brand from a program offering reduced fees for going electric.
- Similarly, British Columbia announced that Tesla vehicles would no longer receive EV rebates for home charging equipment.
- These exclusions come as part of the effort to retaliate against Musk and the Trump administration, and to reduce taxpayer money being used to subsidize Tesla.
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Teslarati
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Tesla attack in Las Vegas results in several vehicles being set on fire
- Authorities are investigating a suspected arson attack at a Tesla service center in Las Vegas, Nevada.
- Multiple vehicles were torched in the incident, some of which were caught on video and in photos.
- The incident marks one of the latest attacks against Tesla's property and vehicles.
- Federal agents, including the FBI, are assisting in the investigation.
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Insider
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Image Credit: Insider
Tesla short sellers are making a fortune out of the backlash against Elon Musk
- Short sellers have profited from Tesla's recent stock selloff.
- They made over $16 billion from shorting Tesla stock in the last three months.
- Tesla's shares have fallen over 50% since its peak in December.
- Despite short sellers' gains, they are still down $64.5 billion since Tesla went public in 2010.
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Insider
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4 reasons why Tesla's 53% stock crash is accelerating today
- Tesla's stock has fallen 53% from record highs reached in mid-December.
- BYD's new battery technology creates competition for Tesla in the Chinese market.
- RBC lowered its price target for Tesla, citing lower pricing on autonomous technology and increased competition in Europe and China.
- Slowing vehicle sales, particularly in China and Europe, are adding to the decline in Tesla's stock.
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Teslarati
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90
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Tesla FSD rivalry heats up in China as Zeekr launches free version
- Chinese company Zeekr launches a free version of its advanced driver-assistance system, intensifying the rivalry with Tesla's FSD.
- Zeekr's driver-assist system allows near-autonomous driving from one location to a pre-set destination, pending regulatory approval in China.
- Zeekr plans to release the free version to a pilot test group before the full launch in April, aiming to become a top player in the market.
- Unlike Tesla's FSD, Zeekr's driver-assistance system uses lidar and relies on pre-set destinations, emphasizing safety and setting it apart from Tesla's approach.
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