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Tesla News
Teslarati
7d
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Tesla CEO Elon Musk’s simple message to vandals
- Tesla CEO Elon Musk delivered a simple message to vandals who damage Tesla cars and showrooms.
- Musk addressed skeptics and investors during an All-Hands meeting, sharing the company's roadmap and reaffirming his commitment to Tesla's future impact.
- He urged vandals to stop the destruction, calling their actions 'psycho' and 'unreasonable'.
- The FBI has established a task force to investigate vandalism against Tesla, and President Trump has considered it as domestic terrorism.
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Insider
7d
348
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The rise of BYD, the Chinese automaker that outsells Tesla
- BYD, a Chinese automaker, has crossed the $100 billion revenue mark with its popular affordable electric vehicles in China.
- BYD briefly outsold Tesla as the top seller of electric cars in December 2023.
- BYD started as a cellphone battery manufacturer before moving into the car business in 2003.
- Warren Buffett invested in BYD, and the company's first electric car drew criticism from Elon Musk.
- BYD became a major player in the Chinese automotive market with its hybrid vehicles like the Qin and Tang.
- BYD's recent launch of the Shark, a midsize hybrid pickup truck, aims to compete with Tesla's Cybertruck.
- Although BYD doesn't currently sell cars in the US, it reported record sales in 2024 and crossed $100 billion in revenue.
- BYD's latest hybrid powertrain system on sedans offers a range of up to 1,250 miles without stopping to charge or refuel.
- As BYD continues to innovate and grow, it remains a strong competitor in the global electric vehicle market.
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Teslarati
7d
71
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Tesla China seems to have overtaken Q1 2024’s registrations with new Model Y ramp
- Tesla China's new vehicle registrations have exceeded Q1 2024 numbers, thanks to the new Model Y ramp.
- During the week of March 17-23, Tesla China had 17,400 new vehicle registrations, a 13.7% increase from the previous week.
- This March, Tesla China's new vehicle registrations have been on the rise as the company started delivering the new Model Y to domestic customers.
- The new Model Y has made a significant impact on China's domestic automotive market, dominating the premium all-electric SUV segment.
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Guardian
7d
265
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FBI forms taskforce over rising reports of vandalism at Tesla dealerships
- The FBI has formed a taskforce to target perpetrators of vandalism at Tesla dealerships and charging stations across the US.
- Protests against federal cutbacks have taken place at Tesla dealerships, with some incidents turning violent.
- Incendiary devices were found at a Tesla property in Austin, Texas, and a man was charged with aggravated assault near Trump's Mar-a-Lago resort.
- The taskforce will work with the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) to crack down on violent Tesla attacks.
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TechCrunch
7d
232
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Tesla Superchargers: GM, Ford, Rivian, and other EV brands with access
- In May 2023, Ford initiated a shift by securing access to the Tesla Supercharger network for its EV owners, leading other automakers like GM, Rivian, and Mercedes to follow suit.
- By the end of 2023, most major automakers had agreed to adopt Tesla's North American Charging Standard (NACS) and develop adapters for EV owners.
- Tesla's EV charging connector design led to Ford's collaboration in providing access to over 12,000 Superchargers in the U.S. and Canada and committing to NACS ports for future EVs.
- Other automakers such as Rivian, GM, Honda, Hyundai, Kia, and more have also embraced the shift towards the NACS charge port standard.
- The U.S. currently has more NACS ports than CCS ports publicly available, despite federal funding for CCS chargers buildout.
- Automakers like GM, Honda, Hyundai, and Volvo are offering adapters to access Tesla Superchargers, with plans to integrate NACS ports in upcoming EV models.
- Customers must download the Tesla app to pay for charging at Supercharger stations, and automakers like Mercedes and Nissan are enabling access to the network through adapters and NACS ports.
- Rivian began sending adapters to customers to access 15,000 Superchargers in North America, while Hyundai and Kia are providing free adapters to selected EV owners.
- Ford customers gained access to Tesla Superchargers in 2024 with ongoing adapter delivery delays, while GM updated software for EV compatibility and planned NACS charge ports in future models.
- Honda, Mercedes, Nissan, and Volvo/Polestar are among the automakers facilitating access to Tesla's Supercharger network for their EV customers through adapters and NACS ports.
- The article highlights the shift towards Tesla's NACS charge port standard and the growing adoption of Tesla's Supercharger network among various automotive brands as of March 25, 2025.
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Teslarati
7d
390
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Multiple explosives found at Tesla showroom in Austin, Texas
- Multiple incendiary devices were found at a Tesla showroom in Austin, Texas.
- The devices were discovered following an anonymous tip and were identified as designed for large-scale explosive violence.
- The devices were safely removed by the Austin Police Department Bomb Squad.
- The incident is part of a series of vandalism and arson cases linked to Tesla facilities and vehicles, leading to ongoing investigations.
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Guardian
7d
390
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From spit to bankruptcy: the rise and fall of 23andMe
- Genetic testing firm 23andMe filed for bankruptcy, with the CEO stepping down after failed buyout attempts and a decline from its peak valuation of $5.8bn in 2021.
- The company initiated voluntary Chapter 11 proceedings to facilitate a sale process to maximize business value, assuring customers of no change in data management amidst past data breach incidents.
- Customers are left wondering about the fate of the genetic data collected by 23andMe over the years, as the company's promise of personalized medicine based on genetic code remains unfulfilled.
- Meanwhile, Nvidia unveiled new powerful chips enhancing AI computing capacity, with developments hinting at a future fusion of AI and robotics, exemplified by a Disney-partnered robot showcased at the conference.
- As AI companies venture into agentic models and anticipation grows for artificial general intelligence, the tech landscape is gearing up for the convergence of advanced AI capabilities with robotics.
- On the entertainment front, AI is being utilized to create short-form fiction for platforms like Instagram, where creators blend human storytelling with AI-generated imagery to engage audiences in novel ways.
- Artists raise concerns over the use of AI in art production, citing intellectual property issues, as seen in the Atlantic's tool for authors to check pirated content and legal battles surrounding AI models trained on copyrighted material.
- Despite debates over AI's impact on creative industries, AI-enabled creators like @HolyFool36 on Instagram are leveraging technology to rapidly produce and share fictional content, opening new avenues for serialized storytelling.
- From 23andMe's bankruptcy to the intersection of AI and robotics, tech developments continue to shape various sectors, highlighting the evolving landscape of innovation, data privacy concerns, and the transformative power of artificial intelligence.
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Insider
7d
270
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Tesla just got even more bad news from Europe
- Tesla's sales in Europe have dropped by 42% this year, selling just under 27,000 vehicles compared to over 46,000 last year.
- The decline in sales comes amid protests, boycott calls, and instances of vandalism due to Elon Musk's involvement in DOGE and political interventions.
- Tesla's sales decline is in contrast to the overall rise in EV sales, which increased by 28.4% in Europe in the first two months of the year.
- Chinese EV giant BYD surpassed Tesla in revenue for the first time, reporting 777 billion yuan compared to Tesla's $97.7 billion.
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Teslarati
7d
215
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Canaccord reaffirms Tesla’s price target of $404 after Giga Texas visit
- Canaccord Genuity reaffirmed its price target of $404 for Tesla after a visit to Gigafactory Texas. The investment firm sees an optimistic future for Tesla in the long term despite near-term headwinds.
- Canaccord analysts reiterated its “Buy” rating for TSLA stock and revised Tesla’s Q1 2025 delivery estimates from ~331,000 vehicles to ~362,000 units. The firm’s first-quarter delivery estimates for Tesla reveal its optimistic take on the company’s future, even though it is still below the consensus estimate of ~417,000 vehicles.
- Canaccord analysts recently visited Tesla Giga Texas and left with optimism for the American electric vehicle (EV) maker. They highlighted Tesla’s progress with Full Self-Driving and mentioned that Tesla’s robotaxi services will launch in Austin in the summer.
- Canaccord Genuity reflects Elon Musk’s recent stock market advice during the Tesla All-Hands keynote. Musk advised investors to invest in companies with products they love, highlighting that Tesla has a few great products and will continue to launch more.
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Evannex
7d
357
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Musk, Tesla, Trump Proudly Basking in the Swamp
- Tesla CEO Elon Musk's political engagements have sparked controversies and a backlash, negatively impacting shareholder portfolios.
- Musk's alignment with the alt-right and close collaboration with the Trump administration have raised concerns among Tesla's liberal-leaning customer base.
- The backlash includes protests, boycotts, and a decline in Tesla's stock, leading to a notable public relations challenge.
- Musk's political entanglements have impacted Tesla's financial performance, with the company's stock dropping more than 50% and struggling with sales in key markets.
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Teslarati
7d
286
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SpaceX’s Starlink dish with Gigabit Speeds leaves EU scrambling to catch up
- SpaceX is developing a new Starlink dish that will offer customers gigabit internet speeds.
- The European Union is trying to catch up to Starlink's current internet services.
- The EU is considering alternatives to SpaceX's Starlink, but currently lacks companies that can match its constellation.
- SpaceX may launch the Starlink gigabit dish later this year, pending necessary upgrades and FCC clearance.
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TechDigest
7d
29
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BYD revenue rises 29% to over $100 billion, glowing spirals from Space X rocket sighted
- Chinese electric vehicle maker BYD reported annual revenue for 2024 of 777 billion yuan ($107bn), surpassing Tesla's reported revenue of $97.7bn.
- Uber launched autonomous taxis in Austin, Texas and plans to bring similar technology to London.
- A large glowing spiral seen in the UK was likely caused by frozen exhaust smoke from SpaceX's Falcon 9 rocket.
- UK technology secretary urges opponents of new AI copyright regime not to resist change; Australian authors sue Meta (parent company of Facebook and Instagram) for alleged copyright infringement.
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Insider
7d
2.2k
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Cathie Wood: BYD cars are 'fabulous,' but Tesla is still competitive
- Cathie Wood of Ark Invest believes Tesla's cars are still very competitive, especially in metrics like range and power for a given price.
- She also stated that Chinese automaker BYD's cars are fabulous.
- BYD's revenue outpaced Tesla's in 2020 and it recently revealed chargers that are four times more powerful.
- Wood is confident in Tesla's ability to fend off rivals like BYD, especially considering the additional value from its work in autonomous driving.
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Insider
7d
216
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Tesla has flirted with disaster before. This time feels different.
- President Trump's promotion of Tesla cars and Elon Musk's relationship with him have prompted an identity crisis within Tesla.
- Musk's political entanglements have created challenges, with Tesla's stock falling significantly amidst concerns over his involvement in government and downsizing efforts.
- Tesla held a surprise all-hands meeting for employees after the stock slump, where Musk urged them not to sell their stock and acknowledged being overwhelmed.
- Critics fear Tesla's competition, with Chinese manufacturers like BYD offering cheaper prices and surpassing in innovation, raising doubts about Tesla's future projects.
- Concerns among Tesla employees and customers are increasing due to Musk's political focus and deviations from the company's original mission.
- Tesla faces backlash from the public, with incidents of vandalism at its sales centers and growing hostility towards Tesla owners, impacting resale values and sales.
- Some Tesla owners have shown support for Musk, while others have sold their Tesla vehicles in protest against his political activities and behavior.
- Despite challenges, some investors remain optimistic about Tesla's technology and potential, believing in Musk's ability to course correct and stabilize the company.
- Tesla's stock price volatility continues, but long-term investors see opportunities in the company's future milestones and technological advancements.
- The current situation represents a critical moment for Tesla, with Musk's diminishing popularity and the company facing a brand crisis amidst public scrutiny.
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Insider
7d
717
Image Credit: Insider
More trouble for Tesla as China's BYD crosses $100 billion barrier
- Chinese EV giant BYD reported annual revenues of 777 billion yuan for 2024, surpassing Tesla's $97.7 billion revenue.
- BYD's net profit for the year was over 40 billion yuan, exceeding analyst expectations but below Tesla's $7.1 billion profit.
- BYD sold 4.27 million EVs in 2024, far surpassing Tesla's annual sales of 1.79 million vehicles.
- BYD's unveiling of super-fast 1,000 kW chargers puts further pressure on Tesla, whose stock has been declining and is now facing challenges both in sales and from competition.
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