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China's BYD has overtaken Tesla as the world's best-selling maker of electric cars. In the final quarter of last year, BYD, backed by Warren Buffett, sold 526,409 fully electric vehicles, outpacing Tesla's 484,507.
BYD

BYD Hits Pause on Mexico Factory Plans Ahead of US Election

China’s top electric vehicle maker, BYD, has decided to put its Mexico factory plans on hold until after the US election, according to a recent report from the South China Morning Post. This move comes as global businesses adopt a wait-and-see approach due to shifting American policies. Uncertainty in the Air: The US Election Impact…

Tesla's Bumpy Road: Expected Shortfall in Q3 2023 Deliveries
Tesla

Tesla Maintains Brand Loyalty Lead Despite Growing EV Competition

Tesla continues to dominate brand loyalty in the automotive industry, challenging recent media narratives about customer dissatisfaction, according to a recent report from S&P Global Mobility. Strong Loyalty Despite Limited Portfolio Tesla boasts a brand loyalty rate of 67.8% for the first half of 2024, significantly outpacing the industry average of 52.5%. Vince Palomarez, associate…

Electric Shock: Tesla's Winning Streak Shakes Short Sellers
Tesla

Tesla and Musk Win Dismissal of Dogecoin Lawsuit

Tesla and its CEO Elon Musk have successfully defended themselves against a federal lawsuit alleging cryptocurrency fraud and insider trading, according to Reuters. The case, which sought $258 billion in damages, was dismissed by U.S. District Judge Alvin Hellerstein in Manhattan on Thursday night. The Allegations Investors accused Musk and Tesla of: The Court’s Decision…

Semi

Tesla Semi Crash Sparks NTSB Investigation into EV Battery Fire Risks

A recent crash involving a Tesla Semi truck on a California freeway has prompted a federal investigation into the fire risks associated with lithium-ion batteries in electric vehicles. The incident, which occurred on Monday, has raised concerns about the safety of high-voltage EV batteries and their potential hazards for first responders, according to the San…

Tesla

Tesla Hires Workers to Train Humanoid Robot Optimus Using Motion Capture

Tesla is taking an innovative approach to training its humanoid robot, Optimus, by hiring workers to wear motion capture suits and mimic tasks the robot will eventually perform. This information comes from The Verge and Interesting Engineering The Job: Data Collection Operator Tesla’s career site lists a position for “Data Collection Operator” with a salary…

California

Tesla Semi Fire Shuts Down California Interstate

A Tesla Semi reportedly caught fire early Monday morning, leading to an extended shutdown of Interstate 80 in Placer County, California. The incident, which occurred around 3:16 a.m. near Emigrant Gap in the Greater Sacramento area, has raised questions about electric vehicle (EV) safety and battery fire management. This information comes from a report by…

Cybertruck

Chechen Warlord Equips Tesla Cybertruck with Machine Gun, Claims It’s Headed for Ukraine

Ramzan Kadyrov, the controversial leader of Chechnya, has showcased a Tesla Cybertruck outfitted with a machine gun, claiming it will soon join Russian forces in Ukraine. This surprising development was reported by The Times on March 11, 2024. A Cybertruck in Chechnya In a video shared on social media, Kadyrov is seen driving the electric…

Tesla

Grok 2.0 Unveils Tesla’s AI-Powered Future: From Humanoid Robots to Mars Exploration

A recent Twitter thread by Barbara has set the tech world abuzz, showcasing a series of AI-generated images created by Grok 2.0, xAI’s latest artificial intelligence model. These visuals offer a tantalizing glimpse into potential futures for Tesla, blending cutting-edge technology with ambitious visions of robotics, space exploration, and everyday AI integration. Tesla’s Visionary Headquarters…

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