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Tesla News
Teslarati
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Tesla’s Elon Musk still backed by German Minister, despite political clash
- German Minister Jörg Steinbach values Elon Musk and Tesla's Gigafactory in Brandenburg despite political disagreements.
- Steinbach has argued with Musk and wouldn't congratulate him on a Trump victory, but still values him as an investor, entrepreneur, and innovator.
- Steinbach believes Musk will retreat from supporting Trump due to conflicting positions on climate protection and bureaucracy.
- Despite potential impact on Tesla sales in Germany, Steinbach expects the Gigafactory to have a positive impact on sustainable transportation and the country's automotive industry.
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Teslarati
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Tesla’s Giga Berlin and police are still dealing with a protestor problem
- Tesla's Giga Berlin in Germany is facing ongoing protests by environmental activists.
- Protestors have been living in treehouses to prevent tree removal for Tesla's expansion plans.
- Police have launched an operation to remove the activists, but they have been resisting eviction.
- Tesla is authorized for expansion and has already cut down 3,000 trees for construction.
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Insider
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A $40 Optimus robot figurine is the latest addition to Tesla's merch line — see the other wacky items it's sold
- Elon Musk's companies have sold a range of quirky merchandise, from 'Not-a-Flamethrower' to surfboards.
- Tesla's latest product is a $40 Optimus Gen 2 humanoid robot figure.
- Tesla has sold battery-powered cars for kids, miniature Model S, and My First Model Y car.
- The Boring Company, under Musk's leadership, sold 20,000 limited-edition flamethrowers.
- Tesla short shorts and surfboards have also been popular items for sale.
- Tesla has released Teslaquila at $250 per bottle and sipping glasses for $75.
- SpaceX released a Starship Torch, shaped like a rocket, and Musk has sold Burnt Hair fragrance for $100 a bottle.
- Tesla cat bed and Cyberbeer modeled after Cybertruck were among the unusual items.
- Tesla Cybertruck for kids is designed for ages 6 to 12 and sold for $1,500.
- Tesla Mezcal, sold for $450 per bottle, is described as 'smoky and floral with a smooth finish.'
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Insider
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Tesla dangles deals for new buyers who get their cars delivered by year's end as it tries to hit growth goal
- Tesla is offering three months of free Supercharging and Full Self-Driving (Supervised) beta software to customers taking deliveries of a new vehicle by December 31.
- The incentives aim to help Tesla achieve its goal of delivering a record number of cars this year.
- The offer is valid for new inventory Tesla vehicles in North America and does not apply to custom orders, used vehicles, or business orders.
- The possibility of the removal of the $7,500 EV tax credit may also motivate buyers to purchase a new Tesla soon.
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Teslarati
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Elon Musk continues to hint Tesla is developing a new, larger vehicle
- Elon Musk hints that Tesla is developing a new, larger vehicle to add to its lineup.
- Tesla currently has the Model X, capable of seating up to seven, as its largest family vehicle.
- Musk drops hints on social media, suggesting there are more developments besides the Robovan.
- Tesla plans to release new vehicles in the first half of next year, focusing on affordability.
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Digitaltrends
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Eaton, Treehouse to boost home capacity for EV charging, energy storage
- Power-management firm Eaton has partnered with Treehouse to accelerate the electrification of homes for electric-vehicle (EV) charging, energy storage, or heat pumps.
- The collaboration aims to provide accurate pricing and access to licensed electricians for code-compliant installations.
- Eaton's 'Home as a Grid' approach supports the two-way flow of electricity, enabling homeowners to produce and consume renewable energy when needed.
- Other companies, like Nissan and GM, are also exploring projects to turn homes and EVs into energy hubs.
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Tech Story
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SpaceX and Amazon Challenge the National Labor Relations Board’s Authority
- SpaceX and Amazon are challenging the National Labor Relations Board (NLRB) in a legal battle, questioning its authority and constitutionality.
- Both companies argue that the NLRB's structure violates constitutional principles and gives it too much power.
- The case will be heard in the Fifth Circuit Court of Appeals, which has a conservative reputation and could set a precedent for future challenges against the NLRB.
- If successful, this legal challenge could have significant consequences for workers' rights and weaken the NLRB's role in enforcing labor laws.
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Teslarati
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Tesla stock jumps on Trump’s plans for self-driving regulation, bulls rejoice
- Tesla stock jumps on Trump's plans for self-driving regulation, bulls rejoice
- President-elect Donald Trump is expected to establish a federal framework for self-driving vehicles.
- The National Highway Traffic Safety Administration (NHTSA) under Trump's leadership may create new federal self-driving rules.
- Bulls believe that Tesla could benefit significantly from less strict regulations, potentially doubling its valuation.
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Insider
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Tesla stock jumps 8% on Trump administration plan to relax self-driving car rules
- Tesla stock surged as much as 8% after a report said President-elect Donald Trump plans to ease self-driving car regulations.
- The incoming Trump administration is aiming to prioritize a federal framework for autonomous vehicles.
- Tesla's shares have surged 37% since Donald Trump's election win earlier this month.
- Relaxing autonomous driving regulations would benefit Tesla, as it plans to launch fully autonomous electric vehicles in the coming years.
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Teslarati
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Xiaomi exceeds Q3 estimates thanks to EV business
- Xiaomi Corp's Q3 2024 revenue exceeded analyst expectations.
- The strong performance is attributed to its growing electric vehicle (EV) business, specifically the popular SU7 model.
- Xiaomi delivered 39,790 SU7 units in Q3, with a total of 67,157 delivered as of September 30, 2024.
- The company has raised its 2024 delivery target to 130,000 vehicles.
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Teslarati
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LGES will supply cylindrical battery cells to US-based robotics company
- LG Energy Solution (LGES) has signed an MoU with US-based Bear Robotics.
- LGES will be the sole supplier of cylindrical 2170 batteries to Bear Robotics.
- Bear Robotics plans to use LGES' battery cells on its Servi Plus and Carti 100 robots by 2025.
- Servi Plus robot delivers food to customers in restaurants while Carti 100 is used in factories and warehouses.
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Analyticsindiamag
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India’s Reliance-Backed Addverb to Launch Humanoid Robots in 2025
- Reliance Group-backed Addverb Technologies plans to launch humanoid robots in 2025.
- Initially, 100 robots will be unveiled in 2025, with applications across industries.
- Addverb aims to commercialize military-grade robots and send humanoids to Mars.
- Reliance Industries provides support and backing for Addverb's robotics goals.
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Teslarati
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Trump aims to create framework for self-driving vehicles: report
- President-elect Donald Trump's transition team aims to create a federal framework for self-driving vehicles, making it a top priority for the upcoming term.
- The team is looking to establish federal rules for autonomous vehicle deployment and increase the number of available permits for self-driving vehicles.
- Tesla's Elon Musk has been named a co-leader of the Department of Government Efficiency for the Trump administration.
- The development of a federal framework could accelerate the deployment of self-driving technology and benefit companies like Tesla.
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Teslarati
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Rivian launches tour of R2, R3X across North America
- Rivian is taking its upcoming electric vehicles (EVs) on a tour across North America.
- The company will showcase the R2 and R3X models at various locations in the U.S. and Canada.
- Rivian's R2 Road Tour includes displays, demo drives, and appearances at automotive shows.
- The tour follows the expansion of Rivian's factory to accommodate production of the R2 pickup and SUV.
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Digitaltrends
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EV, battery-makers group says EV tax incentive boosts U.S. industry vs China
- The Zero Emission Transportation Association (ZETA) supports tax incentives for electric vehicles (EVs) in the US.
- ZETA claims that tax incentives for EVs and their components have driven job gains in states like Ohio, Kentucky, Michigan, and Georgia.
- ZETA argues that tax incentives are necessary to compete with China and prevent hindrance to American job growth.
- Repealing tax incentives on EV production and sales could reduce the expected growth of EV market share in the US by at least 5%.
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