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Tesla News
Insider
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Angel investor says she's ditching her Teslas over Elon Musk — and might let people smash one with sledgehammers
- Angel investor Joanne Wilson and her venture capitalist husband are joining the cohort of Americans ditching their Teslas in protest of Elon Musk.
- Wilson feels embarrassed to drive a Tesla that is strongly associated with Musk.
- She swapped her California Tesla for an electric Volvo after being offered only $2,000 in trade-in value.
- Wilson mused about letting New Yorkers smash her second Tesla car at her cannabis boutique to monetize the event.
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Insider
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With the stock cut in half, Tesla investors want their CEO back
- Tesla stock has crashed 52% from its mid-December high.
- Investors are concerned about CEO Elon Musk's time commitment to the company.
- An analyst said, "It's become clear he's now spending more time on DOGE than anything else."
- Investors want someone to be promoted to take on additional responsibilities and keep Tesla on track.
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The Verge
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The Tesla protests are getting bigger — and rowdier
- Protests at Tesla showrooms escalated over the weekend, with larger turnouts and some arrests reported.
- The protests are associated with the Tesla Takedown movement, urging people to sell their Teslas and dump stock to 'stop Musk.'
- Incidents of vandalism and arson targeting Tesla have been reported, including burning charging stations and damaging vehicles.
- Protests occurred in Manhattan, Boston, Chicago, Delray Beach, Pasadena, and even Portugal with demonstrators criticizing Elon Musk and his involvement in controversial initiatives.
- The arrests were made in Manhattan and Chicago, but Boston protest remained peaceful.
- The protests coincide with the drop in Tesla sales and stock price, with some owners deciding to sell their Teslas amidst the controversies.
- Elon Musk has accused billionaires like George Soros of funding the protests through ActBlue, a Democratic fundraising platform.
- The protests highlight growing concerns over Musk's political affiliations and their impact on Tesla's reputation and financial status.
- Despite the protests, Tesla remains a prominent brand in the market, but the controversies surrounding Musk have raised significant questions.
- The movement against Musk and Tesla showcases the power of activism and public opinion in influencing corporate decisions and public perception.
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Teslarati
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Elon Musk’s X experiences several outages on Monday
- Elon Musk's social media platform, X, experienced several outages on Monday.
- Initial reports showed about 20,000 users experiencing problems accessing X, which were resolved after an hour.
- Another wave of outages occurred with around 40,000 user reports, lasting until lunchtime Eastern Time.
- As of the latest update, X's mobile and desktop features appear to be back online.
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Teslarati
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Hyundai exec receives medal from Czech Republic for fostering bilateral relations
- Hyundai Motor Group's Executive Chair Chung Euisun received a medal from the Czech Republic for fostering bilateral relations between South Korea and the European nation.
- The medal was presented by the Czech Republic's ambassador to South Korea on behalf of the Czech Republic's Foreign Minister.
- Hyundai's manufacturing plant in Nosovice played a significant role in fostering bilateral relations with the Czech Republic.
- Hyundai Motor Group is expanding its presence in Europe and has announced plans to establish a plant in Türkiye to meet the demand for greener automobiles in the European market.
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Teslarati
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Tesla Cybertruck used in Trump hotel bombing seemingly listed on auction site
- The ill-fated Tesla Cybertruck used in the Trump Las Vegas hotel car bombing incident in January has seemingly been listed on an online vehicle auction website.
- Investigations revealed that the all-electric pickup truck had been loaded with incendiary materials on its bed, which were then detonated. Tragically, the driver of the Cybertruck passed away in the incident.
- Elon Musk later noted that the ill-fated Cybertruck’s battery pack never actually caught fire during the explosion, so once the unit is back at Tesla, the company will be repairing the vehicle to get it back on the road.
- As could be seen on the IAA’s official website, the ill-fated Cybertruck has seemingly been listed on its vehicle auction platform, suggesting that Tesla did not retrieve the truck following its explosive incident.
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Teslarati
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Tesla plans to bring Cybertruck to new market for a big advantage
- Tesla plans to bring the all-electric Cybertruck to a brand new market in a bid to gain a competitive advantage.
- Currently available in the US, Canada, and Mexico, Tesla is aiming to expand the Cybertruck into other markets by revising the design to make it more compact for places like Europe and China.
- Tesla's Country Director for Australia and New Zealand confirmed that the company is in talks to bring the Cybertruck to Australia, aiming to fill a gap in the market for a large, workhorse electric pickup truck.
- The success of introducing the Cybertruck in Australia may influence Tesla's decision to offer it in other regions outside of North America.
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Teslarati
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Is Tesla really losing to BYD, or just playing a different game?
- Tesla's sales in China have dipped, with deliveries dropping by 49% last month compared to the previous month.
- BYD, a Chinese automaker, has seen its market share steadily rise in China, in contrast to Tesla.
- BYD offers a wide range of electric and hybrid vehicles, while Tesla only sells two fully electric models in China.
- Tesla's sales dip in China may not be solely due to Elon Musk's political activities, and the company's success in other countries suggests it is playing a different game.
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Insider
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We're getting rid of our Tesla — and Elon Musk's politics have nothing to do with it
- The author and her husband decided to buy a Tesla Model Y after extensive research, but high insurance costs led them to sell it and look for a plug-in hybrid instead.
- Her husband, a car enthusiast, had always dreamed of owning a Tesla after experiencing a road trip in a friend's Model S.
- The family enjoyed the Tesla Model Y for its range, charging infrastructure, and storage capacity for road trips.
- Adjusting to driving the Tesla included challenges like one-pedal driving and adapting to charging needs on longer trips.
- However, the high insurance premiums for the Tesla, attributed to repair costs, rental expenses, and performance risk, led the family to reconsider.
- They are now exploring plug-in hybrids as a more cost-effective and practical option for their driving needs close to their city home.
- The author, although not a car person, appreciates the ease of driving and affordability of their next vehicle choice compared to the Tesla.
- Their decision to sell the Tesla was based on financial considerations and family requirements rather than Elon Musk's controversies.
- Ultimately, the family prioritizes practicality and cost efficiency in their choice of vehicle, aiming for a balance between environmental benefits and insurance expenses.
- The article reflects on the unexpected factors like insurance costs that influence car ownership decisions and highlights the importance of thorough research before making a purchase.
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Evannex
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How the VW ID. GTI is Bringing Fun Back to EVs
- The VW ID. GTI is an all-electric hot hatch that aims to bring fun back to EVs.
- Volkswagen has made several upgrades and adjustments to maintain the GTI driving experience, such as GTI Experience Control, electronic torque vectoring, and simulated manual gearbox.
- Compared to its EV rivals, the ID. GTI focuses on fun and agility rather than outright speed.
- If successful, the ID. GTI could become a game-changer in the EV market and potentially push for a high-performance AWD GTI R version to compete with other top-performing EVs.
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Insider
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Austin is the new capital of the robotaxi wars
- Waymo and Tesla are in a robotaxi battle in Austin, drawn to Texas' looser regulations.
- Austin has become the new robotaxi capital, with Waymo partnering with Uber and Tesla planning a service.
- Texas' simple autonomous vehicle regulations attract companies like Waymo, Tesla, Amazon-backed Zoox, and more.
- California has stricter rules for testing autonomous vehicles compared to Texas.
- Tesla plans fully autonomous vehicles on roads in Texas and California by 2025.
- Texas allows police to ticket autonomous vehicles, unlike California's rules.
- Lawmakers in Texas are working on new legislation to regulate autonomous vehicle operations.
- Waymo started testing its robotaxis in Austin, offering rides to select members of the public.
- Residents in Austin have raised concerns about incidents involving autonomous vehicles, including Waymo's.
- Road safety groups emphasize the need for careful regulation of self-driving technology's potential consequences.
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Guardian
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‘Major brand worries’: Just how toxic is Elon Musk for Tesla?
- After Elon Musk endorsed Alternative für Deutschland (AfD), Tesla faced a 76% drop in car registrations in Germany, while overall electric vehicle registrations increased by 31%.
- Musk's political ties have become intertwined with Tesla's valuation, with his support for rightwing leaders and involvement with Trump's administration possibly affecting the brand's image.
- Activists staged protests at Tesla stores, questioning whether Musk's political influence is damaging the brand synonymous with electric cars and climate action.
- Despite Tesla being a top electric car producer, sales dropped for the first time in years, raising concerns about customer retention and potential impacts on the brand.
- Analysts like Dan Ives offer differing views on Tesla's future, with Ives predicting a rise in share price while acknowledging the negativity surrounding Musk's political affiliations.
- Strategic Vision's study shows a decline in consideration for Tesla among US car buyers post-Musk's political actions, indicating a shift in preferences away from the brand.
- Global protests and criticisms against Musk, including accusations of fascism, indicate growing discontent with his politics and potential repercussions on Tesla's reputation.
- Despite Tesla's current high valuation, concerns exist among analysts about its sustainability and overvaluation, with reports of sales drops in various markets.
- Risks associated with Tesla's autonomous car and robot ventures raise skepticism among analysts, while competition and market share challenges pose additional threats to the brand.
- While positive signs of sales rebound exist, Tesla faces challenges in maintaining its lead against competitors with newer and cheaper electric models entering the market.
- Critics like Edward Niedermeyer suggest that Tesla's success may have peaked, with Musk's political controversies potentially leading to a decline in the company's fortunes.
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TechBullion
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How to Finance an Electric Vehicle Purchase
- Considering financing options for purchasing an electric vehicle can be daunting, but understanding loans, leases, and incentives is crucial for fitting the purchase into your budget.
- The shift towards electric vehicles signifies a movement towards a greener future, with environmental benefits, cost savings, and performance advantages.
- Various financing options are available for electric vehicles, including traditional auto loans, leasing, manufacturer incentives, and government programs supporting EV adoption.
- Traditional auto loans involve monthly payments until you own the vehicle outright, while leasing offers lower monthly payments and potential opportunities to upgrade to newer models.
- Manufacturer incentives and rebates can significantly reduce overall costs for purchasing an electric vehicle, making it a more attractive option.
- Government incentive programs offer tax credits, rebates, and grants to encourage the switch to electric vehicles, potentially resulting in substantial savings.
- Credit score considerations, income requirements, and down payment options play crucial roles in securing favorable financing terms for an electric vehicle purchase.
- Understanding charging costs, maintenance expenses, and resale value are essential factors when comparing the costs of electric vehicles versus gasoline cars.
- Green financing options are available for eco-conscious buyers, offering lower interest rates and aligning with sustainable initiatives.
- By evaluating financing options, assessing costs, and considering green financing, buyers can make an informed decision that suits both their budget and environmental goals.
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Blackenterprise
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Tesla Dealership Set On Fire In France By Anarchist Group Targeting Elon Musk
- A suspected arson attack targeted a Tesla dealership in France.
- The fire broke out in a Toulouse suburb, destroying 8 Tesla vehicles and causing significant damage to 4 others.
- An anarchist group in Southern France claimed responsibility for the attack, stating it was part of their mission to combat fascism.
- The group's message called for similar action against Tesla CEO Elon Musk and his billionaire allies.
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Insider
1M
153
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Anti-Elon Musk stickers are being snapped up by Tesla owners who can't sell
- Sales of anti-Elon Musk bumper stickers have surged in recent weeks.
- Some Tesla owners are buying the stickers as an alternative to selling their cars due to financial constraints or decreased resale value.
- Concerns about Musk's embrace of right-wing politics have contributed to the increased demand for the stickers.
- The stickers, priced between $6.28 and $12.54, have gained popularity globally, with orders from various countries.
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