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Tesla News
Silicon
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Trump Buys A Tesla, But Not Allowed To Drive It
- US President Donald Trump purchased a brand new Tesla Model S for $80,000.
- The purchase was made as a show of confidence and support for Elon Musk, the CEO of Tesla.
- Tesla has been facing a mounting crisis as its shares fell more than 15% on Monday, amidst ongoing protests and boycotts of the company.
- Trump, however, mentioned that he was not allowed to drive the Tesla himself and would use it as a pool car for his associates.
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Teslarati
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Kia Norway explains controversial “Crazy Elon” Instagram post
- Kia Norway has removed an Instagram post that mocked Tesla CEO Elon Musk after it sparked backlash from electric vehicle supporters on social media.
- The now-deleted Instagram post showed a Kia EV3 rear with a sticker reading, “I bought this after Elon went crazy.”
- Tesla advocates and employees criticized the post, and Tesla CEO Elon Musk reacted saying, 'They really did that?'
- Kia Norway Communications Manager explained that the post was intended as humor and not to offend anyone. The post has been taken down to avoid confusion and unnecessary provocation.
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Insider
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This time, Elon Musk might have taken on too much
- Elon Musk has mentioned running his companies with 'great difficulty' while focusing on reshaping the US federal government, sparking concerns about his workload.
- Observers speculate that Musk, who oversees Tesla, SpaceX, and Neurolink, may be overstretched, but his track record suggests he thrives on challenges.
- Analysts point to signs like rocket explosions at SpaceX, declining Tesla sales, and political involvement as indicators of potential strain on Musk.
- Despite facing challenges across his companies, Musk appears deeply involved in his endeavors, such as the recent focus on DOGE cryptocurrency.
- Observers note that Musk's management style involves diving deep into problem-solving, potentially leading to reduced oversight in other areas.
- While investors have expressed concerns about Tesla's stock performance and market reactions to Musk's political activities, Musk continues to push boundaries.
- Musk's intense involvement is highlighted, with comparisons made to a conglomerate led by Musk, where he delves into various sectors as needed.
- Experts suggest that Musk may benefit from delegating tasks as needed to maintain focus and ensure proper oversight across his ventures.
- Despite the volatility surrounding Musk and his companies, historical trends suggest that dips in Tesla stock have presented buying opportunities.
- Observers recommend Musk refocus on his core businesses and innovation, acknowledging the need for effective management of his expanding portfolio.
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Teslarati
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Trump labels attacks on Tesla stores and vehicles as domestic terrorism
- U.S. President Donald Trump has labeled attacks on Tesla stores and vehicles as domestic terrorism.
- Tesla stores and vehicles have been the targets of vandalism, arson, and physical attacks by anti-Tesla/Musk individuals.
- Trump warned that those who harm an American company like Tesla will be caught and face repercussions.
- A group claiming to organize the 'Tesla Takedown' protests insisted that their actions have been peaceful and not domestic terrorism.
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Teslarati
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Hyundai car factory in GA runs into a wastewater issue
- Hyundai's car factory in Georgia is facing a wastewater issue that may impact production.
- In September 2024, the factory exceeded the permissible limits for zinc, copper, and total conductivity in wastewater discharges.
- The facility ceased discharging and conducted a root cause analysis while utilizing tanker trucks to transport wastewater off-site.
- Hyundai is replacing pipes with elevated levels of metal and has procured a dissolved air flotation (DAF) system to meet permit levels.
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Teslarati
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New Toyota bZ4X drivers get 1-year free charging at EVgo stations
- Toyota is offering 1-year free charging at EVgo stations to customers who purchase or lease the 2025 Toyota bZ4X battery electric vehicle.
- The 2025 bZ4X starts with an MSRP of $37,070 and has an estimated range of 252 miles. Toyota is also offering 0% APR for up to 72 months until March 31, 2025.
- Toyota and EVgo recently announced the opening of their first DC fast-charging (DCFC) station in Baldwin Park and Sacramento, California.
- Toyota's collaboration with EVgo is part of its Empact vision, which aims to expand access to charging stations, provide affordable mobility solutions, and reduce carbon emissions.
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Evannex
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Elon’s Worst 24 Hours? What It Means for Tesla, SpaceX, and the Future of EVs
- Tesla's stock collapsed by more than 15% in one day, raising concerns about the company's future.
- X (formerly Twitter) experienced a massive cyberattack, leading to questions about the impact on Tesla and Musk's attention.
- SpaceX's Starship test launch failure could affect Tesla's technological advancements and the progress of Full Self-Driving.
- The outcome for Tesla depends on Musk's refocus and delivery, with potential to either maintain the EV market's strength or lose dominance.
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Teslarati
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Elon Musk pledges to double Tesla’s vehicle production in the United States
- Tesla CEO Elon Musk announced plans to double the company's vehicle production in the United States within 2 years.
- Musk's pledge comes after US President Donald Trump's decision to purchase a Tesla and in support of the US government's promotion of domestic manufacturing.
- Details on how Tesla plans to achieve this production increase are unclear, but it is speculated that the Gigafactory Texas complex might be expanded.
- Tesla currently has a production capacity of 1 million vehicles per year in the US, and increasing it to 2 million would require a significant boost in output, possibly with the Cybercab vehicle.
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TechDigest
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Global smartwatch sales fall, Trump labels Tesla showroom violence ‘domestic terrorism’
- Global sales of smartwatches have fallen for the first time, with a 7% decrease in shipments in 2024 compared to the previous year, mainly due to Apple's decline.
- Donald Trump announced buying a new Tesla, blaming Radical Left Lunatics for illegally boycotting the company. He also labeled violence against Tesla showrooms as domestic terrorism.
- Spotify released its annual Loud & Clear report, revealing that an artist who received one in every million streams on the platform generated over $10,000 on average in 2024.
- Huawei is rumored to be returning to its Watch smartwatch series with the upcoming Watch 5, following its focus on other smartwatch series in recent years.
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Insider
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From Amazon to Pinterest: The 40 tech companies that file the most H-1B immigrant work visas
- Tech companies, especially giants like Amazon and Microsoft, file for thousands of H-1B visas annually for skilled foreign workers.
- President Trump's immigration policies have caused a stir around the future of H-1B visas, sparking debate within the tech industry.
- Key figures in Trump's base have expressed opposition to the H-1B program, while tech leaders like Elon Musk acknowledge the need for improvement.
- A public analysis revealed that tech companies like Amazon, Microsoft, Google, Meta, and Apple are among the heaviest users of H-1B visas.
- These companies utilize the program to fill various roles such as software engineers, research positions, and data science roles.
- In the 2024 fiscal year, Amazon filed the most H-1B requests with a total of 14,783, followed by Microsoft, Alphabet, Meta, and Apple.
- The top 40 tech companies sponsoring H-1B visas also include IBM, Intel, Oracle, Tesla, Salesforce, Nvidia, Cisco, and Qualcomm, among others.
- The future of the H-1B program remains uncertain, and any changes could significantly impact America's largest technology companies.
- While the number of filings does not directly translate to hires, these companies rely on H-1B visas to access global talent for critical positions.
- The analysis focused on tech product companies like Amazon, Microsoft, and Google, excluding IT consulting firms traditionally large users of H-1B visas.
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Teslarati
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Elon Musk’s appeal starts to restore his $56B Tesla pay package
- Elon Musk's appeal to restore his $56 billion Tesla pay package has begun.
- Musk and Tesla directors argue that the lower court judge made mistakes in rescinding the compensation.
- The lower court judge applied the entire fairness standard to assess the pay package.
- Judge's decision to apply the fairness standard granted a 'license to sue' to Tesla shareholders.
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Guardian
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‘I feel utter anger’: From Canada to Europe, a movement to boycott US goods is spreading
- The movement to boycott US goods is spreading internationally, from Scandinavia to Canada to the UK and beyond, as consumers react to the authoritarian policies of Donald Trump and the US democratic crisis.
- European car buyers have rejected Teslas due to Elon Musk's ties to Trump, leading to a decline in Tesla sales in Europe and a Canadian consumer boycott.
- In Canada, apps like 'buy beaver' and 'maple scan' have emerged to help shoppers reject US products; road trips to the US from Canada have decreased by 23%.
- Boycott movements are visible in Sweden, Denmark, and Norway, with calls to avoid American goods and companies cutting ties with the US, like Norway's Haltbakk halting fuel supplies to US navy ships.
- Trump has reacted to the boycotts, criticizing them for targeting Tesla and Elon Musk, while businesses and consumers express anger towards America's recent actions on the global stage.
- The backlash against US goods and companies is seen as a response to Trump's trade policies and his stance on international issues, leading to a shift in consumer behavior and company decisions.
- Analysts predict that the boycott movement is likely to continue to grow worldwide, with increasing interest and participation, particularly in Europe.
- This movement marks a departure from traditional boycotts, reflecting a broader sense of frustration and disapproval with America's current leadership and its global actions.
- The boycotts highlight the shift in perceptions of the US as a leader of the free world, with some questioning its alignment with western values and its treatment of international issues.
- The current wave of boycotts targeting American brands and companies is seen as a way for consumers and businesses to voice their displeasure and assert their values in response to recent political and economic developments.
- The movement is fueled by a combination of political disagreement, ethical considerations, and a desire to exert pressure on American companies and policies, reflecting a broader trend of global activism and consumer consciousness.
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Insider
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A photographer took a shot of Trump's notes — and they read like a Tesla sales pitch
- President Donald Trump expressed his support for Tesla and Elon Musk during a White House event.
- A photograph captured an image of a note held by Trump, showcasing Tesla prices like a sales pitch.
- Trump mentioned his intention to buy a Tesla and gift a Cybertruck to his granddaughter.
- Trump praised the quality of Tesla vehicles and defended Musk against critics.
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Teslarati
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Tesla set to roll out two massive new features to Cybertruck
- Tesla is set to roll out a couple of highly anticipated Full Self-Driving (FSD) features to the Cybertruck in the coming weeks.
- The upcoming update will include the ability to start FSD Supervised from park as well as Actually Smart Summon, allowing remote vehicle summoning.
- The update will also introduce the system's ability to reverse in the Cybertruck, alongside an improved traffic controller for enhanced predictions and smoother operation.
- These updates will bring the Cybertruck's semi-automated driving capabilities on par with other Tesla vehicles equipped with FSD.
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The Verge
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Is Tesla cooked?
- Tesla stock plunged 15 percent, down over 50 percent since December highs.
- Tesla owners are selling their vehicles at a big loss.
- Tesla showrooms are magnets for large crowds of protesters.
- President Trump expressed support for Elon Musk and plans to buy a Tesla as a show of confidence.
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