Tesla & CATL deemed the Power Couple to Recharge the US EV Market: Morgan Stanley

Morgan Stanley analyst Adam Jonas deemed Tesla and CATL the power couple that could recharge the United States electric vehicle (EV) market.  In a note released earlier this week, Morgan Stanley writes that the United States is an under-penetrated EV market, whereas China is a fully-penetrated EV market. In addition, the United States has an […]

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Tesla Optimus price to be less than $25k-$30k over time: Elon Musk

Tesla CEO Elon Musk recently reiterated an ambitious target for the company’s humanoid robot. As per Musk in a recent post on X, he still thinks that the Tesla Optimus price would be around half of a car. Considering that Tesla’s most popular car today, the Model Y, starts at $43,990 in the United States, […]

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TSLA investors with early Tesla Cybertruck delivery requests should check their emails

‘If you requested an early Cybertruck delivery, check your inbox! ‘Tesla’s Martin Viecha said on X. According to Viecha, Tesla recently sent emails to people who requested early Cybertruck delivery asking for certain documents to be submitted.  A few people responded to Martin Viecha’s post, confirming they received Tesla’s email and could submit the necessary […]

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Attorney General files suit against Media Matters over alleged anti-X initiatives

Attorney General Andrew Bailey has filed a lawsuit against Media Matters of America in an attempt to force the nonprofit to turn over documents that are allegedly related to its efforts to bully advertisers out of social media X. Media Matters published a report last year claiming X was showing advertisements from major corporations alongside […]

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Rivian schedules Normal Factory shutdown in April

Rivian plans to shut down production at its factory in Normal, Illinois, between April 5 to 30, 2024. Rivian plans to retool its Normal Factory during the shutdown.  Rivian’s Normal Factory shutdown is well-timed. The company’s retooling plan is expected to significantly reduce the costs of producing each vehicle while increasing Rivian’s production rate. Rivian […]

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BYD had its slowest profit growth in two years in Q4

Chinese automotive giant and electric vehicle (EV) maker BYD posted its 2023 earnings results this week, with the company reporting its slowest quarterly growth rate in almost two years. In its full-year 2023 earnings report shared on Tuesday, BYD posted an 18.6 percent profit increase in Q4, marking its slowest growth rate since Q1 2022. […]

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Rocket Lab successfully launches the Live and Let Fly mission

Rocket Lab successfully launched the Live and Let Fly mission last Thursday. Launching at 3:25 am ET, Electron successfully launched the Live and Let Fly mission, a classified payload for the National Reconnaissance Office, on March 21st. This launch marked the company’s fifth consecutive successful mission, the fourth for the year, and the first from […]

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SpaceX launches 23 Starlink satellites from Florida

Launching at 7:42 pm ET, 23 more V2 mini Starlinks joined the growing constellation after SpaceX lifted off from Florida. The mission took place from Space Launch Complex 40 on Cape Canaveral Space Force Station, marking the 29th mission of the year for SpaceX. First stage ignition and liftoff of Falcon 9! pic.twitter.com/TAWsyxvbcC — SpaceX […]

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Renault nears EV battery recycling partnership in ‘advanced’ talks

French automotive manufacturer Renault is reportedly in advanced talks with prospective partners about recycling used electric vehicle (EV) battery metals. Discussions of battery recycling partnerships have progressed to an “advanced” stage at Renault, according to statements from one company executive this week (via Reuters). Jean-Philippe Bahuaud, Chief Executive of Renault’s environmental division, ‘The Future is […]

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Tesla China weekly registrations estimated at 13.2k as Q1 enters final stretch

Tesla China’s insurance registrations for the week of March 18-24, 2024 saw some recovery from the previous week. As per industry watchers who are following the domestic Chinese auto segment, Tesla China appears to have seen about 13,200 insurance registrations last week.  With such results, the week of March 18-24 currently stands as one of […]

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Tesla Giga Shanghai’s Quicksilver Model Y is a big hit, and it’s now getting exported

While reports have emerged alleging that Giga Shanghai is slowing down on its electric vehicle production, recent flyovers at the Shanghai Southport Terminal have indicated that Tesla China’s export activities are continuing well into the end of the first quarter. Quite interestingly, aerial footage of Tesla China’s export fleet shows that Giga Shanghai has been […]

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Tesla is working on 5G capability for EVs and Optimus 

Tesla is working on 5G capability for its electric vehicle (EV) lineup and humanoid robot Optimus. A recent job post for a Cellular Systems Integration Engineer hints that Tesla is developing a 5G network infrastructure.  Tesla’s job description for the Cellular Systems Integration Engineer states:  “Tesla is seeking a highly motivated Cellular Systems Integration Engineer […]

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Hyundai EV pilot test to support ultraluxury tourism in Saudi Arabia

Hyundai will run pilot tests with its electric vehicles (EVs) and hydrogen fuel cell cars to boost ultraluxury tourism in Saudi Arabia.  Hyundai Motor Group signed a memorandum of understanding with Red Sea Global to run pilot tests in the ultraluxury tourism destination of Amaala and Ummahat Islands resort. Red Sea Global is owned by […]

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Tesla Cybertruck makes rounds in Mexico

The Governor of Nuevo León, Samuel García Sepúlveda, took the Tesla Cybertruck out for a spin in Mexico while attending various events.  Last week, Governor Sepúlveda drove the Tesla Cybertruck to his public event, surprising attendees and attracting attention, reported Milenio. The Tesla Cybertruck’s draw was evident as people gathered around the all-electric truck at the Governor’s […]

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Tesla customers whose cars are in service to also receive FSD test rides: leaked Musk email

It appears that Tesla is intent on promoting its Full Self-Driving (FSD) Capability to its customers. And if a seemingly leaked email from Elon Musk is any indication, it would appear that Tesla is looking to promote FSD even to its existing customer base.  Earlier today, reports emerged on social media stating that Elon Musk […]

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Tesla FSD one-month free trial offered with new vehicle purchases

Tesla is offering a one-month free trial of Full Self-Driving (FSD) for new vehicle purchases. Elon Musk extended the offer to existing Tesla owners, too.  The company has already updated its configurator page for the Tesla Model Y, Model X, and Model S. The Order Page for Model 3 does not state that new buyers […]

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Fisker bailout deal falls through as it faces delisting from the stock market

Struggling electric vehicle (EV) maker Fisker has lost the opportunity for a financial bailout from a larger automaker, while the company’s stock price has also plummeted far enough to halt trading and initiate delisting procedures. Reports last week said that Fisker had gained a financial commitment of as much as $150 million to keep the […]

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Tesla appears to be starting Megafactory Shanghai construction

Tesla is closing in on the construction of a new Megapack factory in China, as new equipment has been spotted on site. After Tesla secured a site and held a signing ceremony for the upcoming Shanghai Megafactory in December, construction was expected to begin in Q1. As seen in a video shared by Wu Wa […]

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