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Tesla News
Teslarati
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Waymo investigation opened following collisions and traffic violations
- U.S. safety regulators have opened a probe into Waymo after receiving reports of crashes and traffic violations.
- The National Highway Traffic Safety Administration (NHTSA) opened a preliminary investigation into Waymo based on 22 reported incidents.
- Waymo vehicles were involved in collisions with stationary objects and disobeyed traffic laws.
- Similar investigations have also been opened into Amazon-owned Zoox and Tesla.
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Insider
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Why are hundreds of Teslas parked outside a dying shopping mall? A local news station solved the mystery.
- Between 300 and 400 Tesla EVs, including Cybertrucks, are being stored outside Chesterfield Mall in Missouri.
- The mall is closing in October and Tesla is using the space to hold unsold vehicles until then.
- Tesla had a decline in EV sales last quarter, selling about 90,000 fewer cars than expected.
- Other car brands also store unsold vehicles outside dealerships or in factory lots due to oversupply.
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Teslarati
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Former Cruise CEO launches robotics firm with ex-Tesla AI manager
- Former Cruise CEO, Kyle Vogt, has launched a new robotics firm called The Bot Company.
- Vogt started the company with Luke Holoubek, a former Technical Advisor for Cruise, and Paril Jain, a former AI Manager at Tesla.
- The company aims to build robots that can perform chores and give people more time in their busy lives.
- The Bot Company has raised $150 million from investors and entrepreneurs.
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Teslarati
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Weekly Space Recap: May 5 – May 11
- SpaceX launched 23 Starlink satellites from Florida.
- United Launch Alliance delayed the first crewed Starliner mission.
- SpaceX continued its pace with another Starlink launch.
- SpaceX unveiled the brand new Extravehicular Activity suits for Polaris Dawn crew.
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Teslarati
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SpaceX Starlink a ‘game-changer’ for Carnival Cruiseline
- SpaceX's Starlink internet service is being hailed as a 'game-changer' for Carnival Cruiseline and its passengers.
- Starlink has significantly improved the onboard connectivity experience and received positive feedback for its fast and reliable Wi-Fi service.
- It has been installed on all 90 Carnival cruise ships, enhancing guest satisfaction and crew communication.
- Starlink is being used by over 200 cruise ships worldwide, with more installations planned to ensure high-speed internet at sea.
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Teslarati
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Tesla sued again over Fremont paint shop emissions
- A non-profit has filed a new emissions lawsuit against Tesla, claiming that the Fremont factory paint shop exposes nearby residents to harmful pollutants.
- The Environmental Democracy Project accuses Tesla of violating the federal Clean Air Act by producing excessive nitrogen oxides, arsenic, cadmium, and other harmful chemicals.
- The non-profit is seeking an injunction on further emissions and civil fines of up to $121,275 per day for Tesla's Clean Air Act violations.
- Tesla has previously settled cases with the Bay Area Air Quality Management District and the Environmental Protection Agency over air quality violations and improper labeling of hazardous waste.
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Arstechnica
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Feds probe Waymo driverless cars hitting parked cars, drifting into traffic
- The US National Highway Traffic Safety Administration (NHTSA) is investigating Waymo's self-driving vehicles for violating traffic laws.
- NHTSA's Office of Defects Investigation is looking into 22 incident reports involving Waymo's fifth-generation automated driving system.
- 17 incidents involved collisions, but there were no injuries reported.
- Some incidents involved crashing into parked cars, drifting into oncoming traffic, and disobeying traffic safety control devices.
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Teslarati
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Tesla topped by Chevron in latest most-shorted stock report
- Chevron has topped Tesla as the most-shorted stock in Hazeltree's April report.
- Short sellers' interest in Chevron grew from 7% to 9% in April.
- Tesla had a strong April on Wall Street, gaining 4% and causing significant losses for short sellers.
- Tesla's stock rise was fueled by positive news, including gaining approval for Full Self-Driving operation in China.
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Teslarati
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Tesla China posts 9.8k domestic registrations as May 2024 nears midway point
- Tesla China saw 9,800 new vehicle registrations during the week ending May 12, 2024.
- This suggests that from May 1-12, Tesla saw 16,900 new vehicle registrations in the local Chinese market.
- Tesla China's numbers are down about 6% year-over-year, showing improvement from previous weeks.
- Tesla China may focus more on fulfilling domestic orders, which could lead to a rise in sales figures.
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Teslarati
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Tesla encourages shareholders to ratify Musk’s 2018 comp package, approve TX reincorporation
- Tesla is urging shareholders to vote for the ratification of CEO Elon Musk's 2018 compensation plan and the proposed reincorporation of Tesla in Texas.
- The efforts include dedicated advertisements, social media posts, and a letter to stockholders emphasizing the importance of these proposals.
- The letter highlights Tesla's growth since the approval of Musk's compensation plan, including a 1,100% shareholder growth, a turnaround from a $2.2 billion loss to $15 billion profit, and a sevenfold increase in vehicle production.
- The communication also provides instructions on how shareholders can vote for the proposals through online platforms, QR codes, mail, and hotlines.
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Teslarati
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White House to hike tariffs on Chinese EVs to fend off cheap imports
- The White House and President Joe Biden will launch new tariffs on Chinese electric vehicles and other sectors to fend off cheap imports.
- The biggest tariff rates apply to EVs and will equate to 100 percent, while solar components will have a 50 percent rate, and all other sectors at 25 percent. They will be in effect for two years.
- The move aims to protect U.S. companies from a flood of low-cost Chinese products and to safeguard American jobs and businesses.
- This move is seen as a preventative measure to avoid competition with Chinese companies on U.S. soil and address overproduction in key manufacturing sectors in China.
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Killerstartups
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Investor Moses predicts Tesla’s significant stock slump
- Well-known investor Danny Moses forecasts a substantial dip in Tesla’s autonomous vehicle stock value due to doubtful operational recovery.
- Moses maintains a hopeful viewpoint about shorting Tesla’s shares, even after a noticeable 32% drop this year.
- Moses expresses concern about Tesla’s risky shift towards artificial intelligence, robotaxis, autonomous mechanisms, and the reduction of its global workforce.
- Moses anticipates a substantial Tesla stock drop and sees self-driving car startup Wayve as a potential rival.
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Tech Story
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Netherlands Sets the Pace in Electric Car Adoption: Nearly Half of New Car Sales Now Plugin Vehicles
- April marked a remarkable surge in electric car registrations in the Netherlands, with the Volvo EX30 leading the pack.
- Electric vehicles constituted an impressive 47% of all new vehicle sales, with pure electric vehicles (BEVs) accounting for 32%.
- The Volvo EX30 emerged as the top-selling electric car, followed by the Tesla Model Y and Kia Niro.
- The Netherlands' robust electric vehicle charging infrastructure and government incentives have contributed to the country's leadership in sustainable mobility.
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readwrite
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Elon Musk’s Tesla rehires Supercharger workers, weeks after they were fired
- Elon Musk's Tesla has rehired some of the Supercharger team members that were previously let go.
- The director of charging for North America, Max de Zegher, is one of the employees who has returned.
- The reason behind the rehiring is unknown, but the decision to let go of the team came as a surprise.
- Tesla is cutting costs and reducing headcount to be more lean and innovative.
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CarExpert
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Image Credit: CarExpert
Tesla Cybertruck gets real-world crash test
- Images of a Tesla Cybertruck involved in a crash have surfaced, giving a glimpse into its performance during impacts.
- The passenger-side doors of the Cybertruck deformed and intruded into the cabin, causing airbags to deploy and the glass to break.
- It remains unclear if the battery was impacted, but the visible damage seems extensive enough for the vehicle to be written off.
- There is no official crash test data available for the Cybertruck, as Tesla has not submitted it for formal testing.
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