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Cryptonews

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Standard Chartered Swaps Tesla for Bitcoin in ‘Mag 7B’ Index for Higher Returns, Lower Volatility

  • Standard Chartered analyst Geoff Kendrick suggests treating Bitcoin as a tech stock rather than just a traditional hedge due to its high Nasdaq correlation.
  • Kendrick created a hypothetical 'Mag 7B' index, replacing Tesla with Bitcoin, showing about 5% higher returns and less volatility.
  • BTC can be viewed as both a hedge against traditional finance and as part of the tech allocation, making it more like a tech stock in the short term.
  • Kendrick believes that considering Bitcoin's multiple roles in investor portfolios could encourage greater institutional buying.

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Teslarati

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Florida man charged after trying to hit Tesla protestors with car

  • A Florida man has been charged with assault after trying to drive into protestors at a Tesla store, in ongoing protests against Elon Musk.
  • 44-year-old Andrew Tutil attempted to drive his car into protestors, although no one was injured in the incident.
  • The man claimed to be a Tesla store employee, but was found to have no affiliation with the store.
  • The incident led to Tutil being charged with first-degree felony aggravated assault.
  • Protests against Tesla and Musk have been increasing, citing his association with Trump and controversial statements.
  • The protests started in January after Musk's actions and statements at events related to Trump and far-right parties.
  • A movement called the 'Tesla Takedown' has organized protests at over 277 stores across the U.S.
  • Protestors have raised concerns about Musk's political alignments, constitutional issues, and treatment of marginalized communities.
  • While Musk has faced criticism for certain actions, he has also been defended by some, including Israel's Prime Minister Benjamin Netanyahu.
  • The protests have led to incidents of vandalism and violence, with attacks on Tesla stores and vehicles being investigated.

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CarExpert

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No love for Elon Musk? Tesla owners are ditching their cars at record rates

  • According to data from US automotive analysts Edmunds, a record-high 1.4% of cars traded in from March 1 to March 15 were Teslas.
  • Factors such as Elon Musk's increasing involvement in politics, concerns about Tesla depreciation, and saturation in major metro areas are leaving some longtime owners feeling disconnected from the brand.
  • Protests, attacks on dealerships, and damage to privately owned Tesla vehicles have been reported due to Musk's political views.
  • Tesla's financial performance in 2024 showed a decline in deliveries, a drop in automotive revenues, and a decrease in profitability.

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Insider

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The FBI launched a Tesla task force to investigate threats against the company

  • The FBI has launched a task force with the ATF to investigate threats against Tesla.
  • The task force follows a series of attacks on Tesla vehicles and showrooms, as well as protests.
  • FBI Director Kash Patel called attacks against the company domestic terrorism.
  • The FBI's task force will coordinate investigative activity to crack down on violent Tesla attacks.

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Teslarati

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Tesla Megapack project in NSW reaches $260M financial close

  • Renewables provider Equis Australia has closed a $260 million deal for a Tesla Megapack project in Tamworth, New South Wales.
  • The project, known as the 'Calala' Battery Energy Storage System (BESS), will consist of 138 two-hour Megapack units and will have a capacity to supply electricity for up to 115,000 homes during peak usage.
  • The Calala project is expected to be fully operational by 2027, with construction taking place in two phases, bringing a total of 250MW capacity online.
  • The financial close includes a non-recourse debt financing package and a Voluntary Planning Agreement (VPA) to contribute $2 million to the Tamworth Regional Council over time.

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Teslarati

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Tesla Model Y inventory is going fast, selling out in many U.S. states

  • Tesla Model Y inventory is going fast, selling out in many U.S. states.
  • The legacy version of the Tesla Model Y is no longer being produced.
  • Tesla is offering discounts on the remaining inventory of the old Model Y.
  • The new Model Y is currently only available in the Launch Series version.

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Insider

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Bomb squad finds 'incendiary' devices at a Tesla dealership, police say

  • Incendiary devices were found at a Tesla dealership in Austin.
  • The incident is part of a rise in vandalism directed at Tesla showrooms and Tesla owners.
  • The investigation is ongoing, and President Trump has labeled the attacks as domestic terrorism.
  • Tesla did not immediately respond to a comment from Business Insider.

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Blackenterprise

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Protestors Feel ‘Tesla Takedown’ Movement Is The Best Way To Denounce Elon Musk And DOGE

  • Protestors, under the 'Tesla Takedown' movement, are organizing demonstrations outside Tesla showrooms in the U.S.
  • The protests aim to denounce Elon Musk's DOGE moves and his Department of Government Efficiency's actions leading to job losses.
  • Demonstrators express frustration towards the government being taken over by Donald Trump and his billionaire associates.
  • The protests are considered an effective way to voice concerns since Musk lacks an office and government email in Washington, D.C.

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Guardian

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Incendiary devices found at Texas Tesla dealership amid growing protests

  • Police in Texas found incendiary devices at a Tesla dealership in Austin as protests against the company grow.
  • The devices, classified as incendiary, were taken into police custody without incident.
  • Multiple Tesla dealerships and charging stations have been vandalized in recent weeks, with deliberate fires being set.
  • Protesters have demonstrated peacefully outside Tesla dealerships, but no direct link has been made to the incendiary devices found.

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Teslarati

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Ex-Waymo CEO dismisses Tesla, Cybercab: “They’re a car company with a driver-assist system”

  • John Krafcik, former CEO of Waymo, dismisses Tesla and the Cybercab as a car company with a driver-assist system.
  • Krafcik states that Tesla hasn't delivered a single fully autonomous revenue-generating ride yet, while Waymo provides over a million such rides per month.
  • Krafcik criticizes the design of Tesla's Cybercab and argues that a serious robotaxi business would not look like the Cybercab.
  • According to Krafcik, Waymo has a three to five-year lead in the robotaxi sector, deploying an embodied AI replacement for human drivers at scale.

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Teslarati

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Tesla stock rebounds and Tim Walz backtracks: ‘I was making a joke’

  • Tesla stock rebounded over 20 percent in the past five trading days.
  • Tim Walz backtracks on his comments about Tesla stock, claiming it was a joke.
  • Walz didn't realize that the stock is a part of his state's pension fund.
  • Tesla shares are recovering and focusing on upcoming releases and potential catalysts.

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Teslarati

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Tesla is back on top in Norway with new Model Y starting deliveries

  • Tesla's new Model Y has regained its position as the most registered car in Norway this month and year-to-date.
  • In March, over 1,000 registrations of the Model Y were recorded, more than twice its closest rival, the Volkswagen ID. Buzz.
  • The dominant performance of the Model Y in Norway reflects its strong appeal to consumers.
  • Elon Musk, Tesla's CEO, stated that the Model Y is the company's most successful vehicle and is expected to maintain high sales in 2025.

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Teslarati

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Tesla new Model Y needs a telescope to see its closest competitor in China

  • Tesla China's new Model Y has achieved strong sales, surpassing its closest competitor in the premium electric SUV market.
  • In February, Tesla China experienced a decline in sales, but this was due to clearing out inventory of the Model Y classic units.
  • During the week of March 10-16, 2025, Tesla China saw a significant rise in new vehicle registrations, driven by the new Model Y.
  • The new Model Y's sales during that week far surpassed its closest competitor, the Zeekr 7X, by a large margin.

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Insider

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Tesla stock has surged since Musk's surprise all-hands meeting as retail investors swarm

  • Tesla shares surged on Monday, extending gains since Elon Musk called a surprise all-hands meeting with employees last Thursday.
  • CEO Elon Musk encouraged employees to hold on to their shares, which had fallen more than 50% from their all-time high in December.
  • Retail investors have been buying Tesla stock at high levels during the recent sell-off.
  • JPMorgan reported that retail traders have poured $7.3 billion into Tesla stock in the past two weeks.

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Teslarati

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Tesla to explore the limits of casting with Cybercab line

  • Tesla plans to push the limits of automotive manufacturing processes with its upcoming Cybercab line.
  • Tesla aims to produce at least 2 million Cybercabs annually, with volume production expected to start in 2026.
  • The Cybercab will be produced using Tesla's revolutionary 'unboxed' process, optimized for speed and efficiency.
  • Tesla may require larger casting machines to achieve the target of producing one Cybercab every 5 seconds.

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