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Tesla Faces Scrutiny Over Misleading Autonomous Driving Claims
- The National Highway Traffic Safety Administration (NHTSA) has issued a warning to Tesla, alleging that the company may be misleading consumers about the capabilities of its Full Self-Driving (FSD) system.
- The NHTSA expressed concerns about Tesla's social media posts that depict drivers relying heavily on FSD, potentially causing the public to believe that the system is fully autonomous when it still requires human supervision.
- Tesla has been given until December 18 to respond to the NHTSA's concerns, with the possibility of facing penalties if the company fails to comply.
- The NHTSA's warning coincides with an ongoing investigation into potential safety defects in Tesla's FSD system, particularly its performance in low-visibility conditions.
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Teslarati
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Tesla China domestic sales and import figures for October 2024 released
- Tesla China sold a total of 68,280 vehicles wholesale in October 2024, with 27,795 vehicles exported.
- Domestic sales in October were 40,485 vehicles, the lowest since April 2024.
- Model Y accounted for 62% of wholesale figures, while Model 3 accounted for 38%.
- China's BEV sector saw 673,000 units sold, with Tesla China accounting for 6% of the market.
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Guardian
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Tesla hits $1tn market value after Musk-backed Trump win
- Tesla's market value surpassed $1tn mark on Friday.
- Investors are betting on favorable treatment for Elon Musk's companies due to his support for President-elect Donald Trump.
- Tesla's shares rose over 6% to a more than two-year high of $315.56.
- Elon Musk could push for favorable regulation of autonomous vehicles and resolve potential enforcement actions involving Tesla's driver-assistance systems.
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Teslarati
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Elon Musk says Tesla is improving Optimus robot’s design for one reason
- Tesla is improving the design of its Optimus robot for ease of manufacturing and increasing production.
- Optimus robot is expected to be the most popular product of any kind due to its capabilities.
- It will serve as a versatile assistant at home, performing tasks like dog walking and childcare.
- A simpler design will make it easier to maintain and will not compromise on its AI-based abilities.
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Evannex
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Bentley’s First Electric SUV Coming in 2026: What It Means for the Future of EVs
- Bentley is set to launch its first fully electric vehicle, a luxury SUV, in 2026.
- Choosing an SUV for their first EV allows Bentley to meet customer demand for practicality and eco-friendly technology.
- This move is part of Bentley's Beyond100 strategy to become an all-electric brand by 2030.
- Bentley's entry into the EV market could influence other luxury automakers and encourage more drivers to consider switching to EVs.
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Digitaltrends
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Scout Terra vs. Tesla Cybertruck: retro and futuristic, head to head
- The Scout Terra and the Tesla Cybertruck arguably couldn’t be further apart in terms of design.
- The Cybertruck is angular and metallic, with an angled light bar along the front and a triangular side profile.
- The Terra offers a slightly more rounded design and looks like a modern take on the traditional truck design.
- The interiors of these vehicles are quite different too.
- The Cybertruck has a very minimalistic interior with plenty of storage and a large infotainment display.
- The Scout Terra hearkens back to the past a little more, but in a good way.
- Tesla wins in acceleration, as its Cyberbeast accelerates faster and can tow more weight.
- The base model of the Scout Terra is fully electric and offers a 350-mile range.
- The Scout Terra is expected to be cheaper than the Cybertruck and production will begin in 2027.
- Overall, Tesla wins two of the categories, while Scout only has one, so technically Tesla gets the win here.
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Teslarati
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Tesla launches crazy Supercharging incentive in Europe for Model Y
- Tesla is offering one free year of charging at its Supercharger network in Europe for customers who take delivery of the Model Y by the end of the year.
- This incentive is part of Tesla's strategy to boost sales as the year comes to a close.
- Last year, Tesla offered discounts on Model 3 and Model Y during the last ten days of the year.
- It is expected that Tesla will announce similar incentives in the United States in the coming weeks.
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TechCrunch
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Tesla is part of the trillion-dollar club again
- Tesla's shares have rallied nearly 30% since the U.S. election, reaching a market cap of $1 trillion.
- The share spike is largely related to Elon Musk's support for Donald Trump.
- Tesla previously reached the trillion-dollar valuation club three years ago, but saw a significant decline in the following year.
- The stock has been volatile but began recovering in spring 2023.
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Teslarati
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Tesla China earns “Automotive Privacy” certification in China
- Tesla China has earned the "Vehicle Privacy Protection" certification in China.
- The certification confirms that all Tesla vehicles produced at Gigafactory Shanghai meet China's standards for automotive data security compliance.
- Tesla China met stringent data privacy standards, including anonymization of external facial information and non-collection of data from the in-cabin camera.
- The certification enhances Tesla's credibility in the Chinese automotive market and may lead to increased sales, particularly among cautious customers.
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Insider
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Tesla hits a $1 trillion market cap after the stock rallies 27% following Trump's election win
- Tesla's market cap reaches $1 trillion after stock rally of 27% following Trump's election win.
- Tesla's stock surged as much as 7% on Friday, reaching an intraday peak of $319.44.
- Elon Musk's net worth surpasses $300 billion, making him the world's richest person.
- Wedbush analyst Dan Ives notes that Tesla has a competitive advantage if Trump removes electric-vehicle subsidies.
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Teslarati
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Tesla surges to trillion-dollar club once again after three-day spike
- Tesla has surged back up to the trillion-dollar club once again after a three-day spike following President-Elect Donald Trump’s victory.
- Shares have been up over 21 percent since Tuesday night when Trump won the presidential election.
- At its peak, Tesla shares reached over $317, equating to a $1.02 trillion market cap.
- Tesla joins an elite company as there are only nine trillion-dollar entities out there.
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Teslarati
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Tesla Cybertruck now available for leasing in the U.S.
- The Tesla Cybertruck is now available for leasing in the United States.
- Customers can lease the Cybertruck for 36 or 24 months with different mileage options.
- Lease prices start at $999 per month for Cybertruck AWD and $1,204 per month for Cyberbeast.
- Leasing is available with a $0 downpayment option, but with higher monthly payments.
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Teslarati
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Starlink Direct-To-Cell coming to New Zealand
- SpaceX is collaborating with One NZ to bring Starlink Direct-to-Cell (Starlink Cellular) to New Zealand.
- One NZ plans to launch One NZ Satellite to Mobile, offering TXT services initially and voice and basic data capability later.
- Starlink Cellular is currently being tested in Aotearoa, and One NZ customers with eligible mobile plans and phones will be able to TXT from anywhere in NZ.
- SpaceX's Starlink Cellular has connected over 270,000 mobile phones and received temporary authority in the US to provide coverage during hurricanes.
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Teslarati
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Tesla Cybertruck wins “Coolest Car” at Golden Steering Wheel 2024 awards
- The Tesla Cybertruck was deemed the “Coolest Car” at The Golden Steering Wheel 2024 awards from Bild am Sonntag and Auto Bild.
- The Cybertruck's win is notable because it is not yet sold in Europe.
- Tesla Managing Director for Central Europe, Simon Zwahlen, was present at the awards ceremony.
- The award was celebrated by Tesla on social media, with the Cybertruck's official handle responding and stating it would display the golden steering wheel in the truck bed.
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Teslarati
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Lucid reports having a ‘landmark’ quarter with Wall Street beat
- Lucid announced its Q3 2024 financial results, slightly beating Wall Street expectations.
- Lucid reported a revenue of $200 million in the third quarter, ending it with approximately $5.16 billion in total liquidity.
- Lucid completed a capital raise of $1.75 billion in October 2024.
- Lucid is on track to meet its annual production goal of 9,000 vehicles.
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