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Tesla News
Macdailynews
7d
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Gene Munster predicts Apple and Tesla will receive tariff waivers from President Trump in 2025
- Deepwater Asset Management's Gene Munster predicts that Apple and Tesla will receive tariff waivers from President Trump if the proposed China tariffs are executed in 2025.
- Trump wants to spare Apple from losing to Samsung and Tesla from losing to BYD.
- Munster's previous predictions for Apple in 2024 were partly correct, including the introduction of generative AI to Siri and no additional devices in the Vision product line.
- However, Munster missed the prediction of Apple acquiring Peloton, but acknowledged the strong performance of Peloton shares without the use of AI.
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Guardian
7d
295
Image Credit: Guardian
Will the future of transportation be robotaxis – or your own self-driving car?
- General Motors has ceased the robotaxi industry's funding under its subsidiary Cruise, however, it will continue to focus on individual self-driving autos.
- Cruise was seen as a market leader in autonomous technology till a near-fatal crash in 2023 struck its business.
- Regulators demanded that the autonomous vehicle fleet be driven within the country following the incident before a fake report on the incident was given to them.
- On the other hand, Waymo's self-driving taxis are succeeding and expanding in San Francisco, and beyond.
- One woman in the US has challenged the AI system concerning SafeRent after the service refused to provide her with tenancy.
- SafeRent blamed the software alone for turning down the application instead of the management firm.
- The plaintiff asserts SafeRent's algorithm unfairly targets black and Hispanic tenants, giving preference to white applicants instead.
- In a groundbreaking settlement with Louis and other plaintiffs, SafeRent agreed to cease algorithmic analysing for 5 years in relation to housing vouchers.
- Many people's phone records were collected in the Chinese Salt Typhoon hack, which occurred a few weeks ago.
- Unfortunately, only a few who were affected have been notified, with the FBI stating that not everyone would be notified.
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Pymnts
7d
819
Image Credit: Pymnts
AI Companies Receive 42% of US Venture Capital Investment
- Venture capital in the U.S. has moved to artificial intelligence (AI) companies at an “unprecedented” rate.
- 42% of U.S. venture capital was invested into AI companies in 2024, up from 36% in 2023 and 22% in 2022.
- As of 2024, 20 AI companies have each raised $2 billion or more.
- HSBC Innovation Banking expects new waves of growth and tailwinds for returns in the U.S. tech sector due to changes in the acquisition market, deregulation, and fiscal policies.
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CarExpert
1w
58
Image Credit: CarExpert
How Donald Trump wants to hurt EVs but help Tesla
- Donald Trump's transition team is recommending the removal of the federal tax credit for electric vehicles (EVs) shortly after his inauguration.
- The plan also includes cutting off support for EVs and charging stations, which could hinder the sales growth of battery-powered vehicles in the US.
- Money allocated for EV chargers is planned to be redirected to national defense supply chain and critical infrastructure.
- Additionally, Trump plans to rollback the US Environmental Protection Agency's emissions and fuel economy standards to 2019 levels.
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Teslarati
1w
333
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Waymo to test self-driving vehicles in another country in 2025
- Waymo, the self-driving arm of Google’s parent company Alphabet, plans to bring its robotaxis to Tokyo, Japan in early 2025.
- The self-driving vehicles, operated manually initially, will be used to map out areas of Tokyo in partnership with Nihon Kotsu, the city's largest taxi company.
- Waymo is working closely with Nihon Kotsu to train the team on operating the autonomous vehicles and adapting to left-hand traffic.
- This expansion aligns with Japan's vision for the future of transportation and collaboration with local officials is underway to ensure a responsible implementation.
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Teslarati
1w
58
Image Credit: Teslarati
Tesla trade secrets case ends with two-year prison sentence
- A person has been sentenced to two years in prison for stealing trade secrets from Tesla.
- Klaus Pflugbeil, a Chinese resident, started his own battery business using proprietary information from Tesla.
- The U.S. Department of Justice officially sentenced Pflugbeil after he pleaded guilty to stealing trade secrets.
- The case highlights the national security implications of trade secret theft in critical industries.
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Teslarati
1w
267
Image Credit: Teslarati
Tesla rolls out latest FSD version, shares upcoming HW3 deployment plans
- Tesla has started rolling out the latest version of Full Self-Driving (FSD) Supervised, named FSD Supervised v13.2.1, to customers with Hardware 4 (HW4) computers.
- Customers with Hardware 3 (HW3) computers can expect a new version, FSD v12.6, by the end of the year.
- Tesla has been receiving positive reviews for its FSD Supervised v13 and v13.2 versions, with improved obstacle avoidance and navigation capabilities.
- The latest release for Cybertruck owners, v13.2.1, has slightly different release notes and does not include integrated unpark, reverse, and park capabilities, as well as Actually Smart Summon.
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Siliconangle
1w
208
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A bold plan to spin out and revive Intel’s foundry business
- Intel's foundry business has negative value and is therefore unsustainable despite its strategic significance for the U.S. national interests and competitiveness.
- Intel's foundry is an asset showing negative worth with unsustainable losses that are dragging cash and lack the scale to compete in advanced manufacturing.
- A spinning-out Intel's foundry operation can be funded via multi-stakeholder investment and strategic partnerships with industry leaders like Taiwan Semiconductor Manufacturing Corp.
- A possible solution to save U.S. advanced semiconductor manufacturing is for Intel to spin out Intel Foundry Services (IFS) as a joint venture and partner with TSMC or Samsung to leverage advanced manufacturing expertise.
- The new entity will reduce Intel's financial burden and create a competitive and independent entity capable of safeguarding U.S. semiconductor leadership and aligns with broader industry and geopolitical imperatives.
- Intel's wafer volumes for its x86 business is in long-term decline compared to the wafer demand for Arm processors dominated by TSMC that is at least tenfold greater.
- Intel's lower wafer volumes result in manufacturing costs that are at best 30% to 35% higher than TSMC's due to Wright's Law and cost challenges.
- IFS produces $19 billion in revenue and posted a 31% revenue decline year-over-year with a $7 billion operating loss in April 2021.
- There are stakeholders needed for the long-term success of a spun-out foundry entity that will take at least more than 10 years to become a viable competitor.
- The venture will require contributions from diverse stakeholders, including major US tech companies such as Amazon, Google, Apple, Microsoft, NVIDIA, private equity firms, and public funds.
- The US government should divest its position over time and give the proceeds back to taxpayers in the form of debt reduction.
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Teslarati
1w
284
Image Credit: Teslarati
Lamborghini delays its initial EV project: here’s when it will now come out
- Lamborghini is delaying its initial electric vehicle project and pushing back the release by one year, from 2028 to 2029.
- The delay is due to Lamborghini's belief that the luxury sports car market segment will not be ready for electric vehicles until later.
- Lamborghini will focus on its gas and hybrid lineup, aiming to reduce carbon emissions by 40% per car by 2030.
- The company will keep production within Italy and believes that hybrid vehicles are a suitable strategy for the future.
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Teslarati
1w
384
Image Credit: Teslarati
Tesla to surpass key sales milestone in Korea this year
- Tesla is expected to achieve over 30,000 vehicle sales in South Korea in 2024.
- In the first 11 months of this year, Tesla sold 28,498 vehicles in South Korea.
- Tesla's growth in the Korean market has propelled it to higher standings in the country's top EV sales charts.
- Kia currently leads the Korean EV market with 34,384 units sold through November.
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TechCrunch
1w
209
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Tesla offers free Supercharging for Model S with a catch
- Tesla is bringing back free Supercharging for some Model S cars at the end of the year.
- The offer comes with a catch as the price of the Model S has been increased by $5,000.
- Demand for the Model S has been decreasing over the years.
- The free charging is only eligible while you own the vehicle and excludes taxi, ridehail, and delivery drivers.
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Evannex
1w
355
Image Credit: Evannex
Proposed Changes to U.S. EV Policies Under Trump Transition Team
- Incoming U.S. President Donald Trump's transition team has outlined significant changes to electric vehicle (EV) policies.
- The proposed changes include cutting EV support by ending the $7,500 tax credit for EV buyers and halting federal funding for EV charging stations.
- The team suggests imposing tariffs on battery materials and EV supply chain imports and rolling back emissions standards.
- The focus would shift to national defense priorities and strengthening domestic production, reducing reliance on foreign imports.
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Teslarati
1w
0
Image Credit: Teslarati
Tesla continues to soar after bull pushes price target up again, adding a new bull case
- Tesla stock continues to rise on Wall Street as Wedbush analyst Dan Ives increases the price target for the second time.
- Ives raised the price target to $400 initially after President-elect Donald Trump's victory, but now has increased it to $515.
- Wedbush also sets a $650 bull case price target for 2025, citing opportunities in AI and growth in regions like China.
- Ives believes the Trump administration will be favorable for Tesla's autonomous and AI initiatives.
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Insider
1w
184
Image Credit: Insider
Elon Musk solves Tesla and SpaceX's biggest problems in a week — and repeats that 52 times a year, Marc Andreessen says
- Elon Musk solves the biggest problems at his companies every week, according to Marc Andreessen.
- Musk works directly with engineers and coders to tackle pressing issues.
- His approach attracts top talent and inspires loyalty within the organization.
- Musk's focus on problem-solving contributes to the success and progress of his businesses.
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Insider
1w
104
Image Credit: Insider
Reid Hoffman said he's had to hire security since Elon Musk fuelled a baseless conspiracy theory about him
- Elon Musk made baseless claims about Reid Hoffman's association with Jeffrey Epstein.
- Reid Hoffman faced threats and had to hire security due to the conspiracy theory.
- Hoffman expressed anger and sadness towards Musk's defamation.
- Hoffman regretted his past association with Epstein and his involvement in fundraising.
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