Tesla Inc. has announced that its newly built megafactory in Shanghai has started production, with the first Megapack rolling off the production line. This significant milestone marks a major boost to the company’s fast-growing energy storage segment.
CATL Seeks $5 Billion Hong Kong IPO Amid US Trade Tensions
Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest electric vehicle battery manufacturer, is preparing to file for a secondary listing in Hong Kong. This move could raise at least $5 billion, marking one of the territory’s largest offerings in recent years.
Tesla's Current Standing Among Analysts
Tesla, a vertically integrated battery electric vehicle automaker and developer of autonomous driving software, has been under the microscope of various analysts. Over the last three months, 36 analysts have shared their evaluations of Tesla, revealing a diverse range of outlooks from bullish to bearish.
Tesla's Cybertruck FSD Crash Raises Questions About Rain Sensor Necessity and Autonomous Readiness
A recent accident involving a Tesla Cybertruck has sparked concerns about the readiness of Full Self-Driving (FSD) technology for autonomous operation. The incident, which occurred in rainy and dark conditions, has raised questions about the necessity of dedicated rain sensors in modern cars.
Elon Musk and Tesla VP of Finance Respond to Tax Fraud Allegations
Tesla Inc. CEO Elon Musk and Vice President of Finance Sendil Palani have responded to allegations of tax evasion. The company claims it did not evade taxes but rather carried them forward in accordance with an Internal Revenue Service (IRS) provision.
Florida Engineer's Tesla Cybertruck Collides with Light Post While Using Full Self-Driving Mode
A recent incident involving a Tesla Cybertruck has sparked concerns about the safety of the company’s Full Self-Driving (FSD) mode. The vehicle, owned by a Florida-based software engineer, collided with a curb and a light post while the FSD mode was engaged.
Elon Musk's Ex-Staff Sound Alarm on Demanding Work Culture and Brutal Layoffs
Elon Musk, known for his unconventional leadership approach, is causing unrest within the federal workforce with his swift decision-making and high expectations. This style, which has driven success in his companies such as Tesla Inc., SpaceX, and Twitter, is now being applied to his role in the U.S. government.
Economic Updates: Trump, Iran Sanctions, Tariffs, Musk, and Tax Plans
The past week has been a whirlwind of economic and political developments, with the Trump administration making headlines on multiple fronts. From the announcement of the first-ever U.S. sovereign wealth fund to escalating tensions with Iran, the news has been coming thick and fast. Here’s a recap of the top stories:
Tesla Skipping Crucial Step to Achieve Driverless Technology, Claims Researcher
Tesla Inc. is facing criticism for its approach to vehicle autonomy, with researcher Troy Teslike stating that the company is skipping a vital step in achieving driverless technology. According to Teslike, Tesla’s plan to transition directly to driverless operations is unrealistic and may pose significant risks.
Tesla Counters Slowing Deliveries with Complimentary Supercharging for Model S and X in the US
EV giant Tesla has announced that customers who purchase or lease a new Model X or Model S in the US are eligible for free supercharging during their ownership of the vehicle. This offer is aimed at increasing demand for the company’s expensive car offerings.