U.S. Consumers Pull Back on Electric Vehicle PurchasesThe popularity of electric cars in the U.S. is declining. The price burden caused by high interest rates and the lack of charging infrastructure is holding back the mainstreaming of electric vehicles. On the 16th (local time), market research firm JD Power released the 2024 U.S. Electric Vehicle Consideration Report. Among the survey respondents, the […]
Tesla's China Sales Dip: What's Behind the Drop in April Figures?Tesla's retail sales in China in April were 31,421 units, down 21.4 percent from a year ago. Based o ...
BP Eyes Acquisition of Tesla's Supercharger NetworkBritish Petroleum (BP), Britain’s largest and the world’s second-largest oil refiner, has expressed its intent to acquire Tesla’s electric vehicle charging station network, the Supercharger division. According to Bloomberg on the 9th (local time), BP announced that it is currently negotiating with Tesla to purchase its charging station network. Last week, Tesla laid off 500 […]
China Gives Tesla the Green Light to Test RobotaxisElon Musk, CEO of Tesla, recently visited China and proposed to locally test robotaxis. According to China Daily, the Chinese government responded positively to this proposal on the 8th. The media outlet reported that Musk not only requested approval for the release of Full Self-Driving (FSD) software during his visit to China last month but […]
Musk's Mass Firing Raises Questions About Tesla's NACS StandardElon Musk of Tesla has raised the issue of charger standards with existing automakers since last year, after firing the entire Tesla charging team. Ford and Rivian, the first to adopt Tesla’s NACS system, can charge through an adapter for Tesla’s NACS. Following this, they plan to start supporting GM, Volvo, Polestar, and others this […]
Revolutionizing AI: TSMC Starts Production of Chips for Tesla's DojoTSMC has begun producing semiconductors for Tesla’s supercomputer Dojo. On the 5th (local time), the Liberty Times cited sources that TSMC announced this production commencement at a recent technology conference in California, USA. TSMC has begun manufacturing semiconductors for Tesla’s supercomputer Dojo. Dojo is an artificial intelligence supercomputer that trains autonomous driving software using data […]
Tesla Pulls the Plug on Rapid Charging Division Amid EV Sales SlumpDue to declining electric vehicle sales, Tesla has shut down the division responsible for its rapid charging stations. The company will continue to operate but is expected to curb new investments, prioritizing enhancing the operation rate of existing facilities for the time being. As of the end of March, Tesla had approximately 60,000 rapid chargers […]
Tesla's Decision to Shut Down Supercharger Department Sends ShockwavesOn the 24th of last month, Tesla vehicles were sighted charging at a Supercharger station in Fremont, California. Fremont (USA)/AFP-Yonhap News Tesla faces a wave of reductions, particularly in the battery charging sector, a core part of its electric vehicle business. This move has left the industry in a state of confusion. According to the […]
Elon Musk and Chinese Premier Li Qiang Discuss Tesla's Bright Future in ChinaAs reported by China Daily, Tesla CEO Elon Musk met with Chinese Premier Li Qiang on April 28, 2024, during the 2024 Auto China Convention. Premier Li stated that Tesla’s growth in China is a successful example of trade cooperation between the U.S. and China. He expressed his hope for continued collaboration in the same […]
Elon Musk's Secret Trip to Beijing: A Game Changer for Tesla?CEO Elon Musk has secretly headed to Beijing. According to Reuters, on the 28th, Elon Musk plans to meet with high-ranking officials in Beijing, China, to discuss the Full Self-Driving (FSD) software launch in the country. He also aims to gain approval to transfer data collected in China to train algorithms necessary for Tesla’s autonomous […]
Get Ready, Tesla: China's Low-Cost Electric Car is Coming to AmericaThis summer, a Chinese electric vehicle (EV) that performs similarly to Tesla’s Model Y but is over $8,700 cheaper will enter the U.S. market. According to reports from Reuters, the Chinese EV company Geely, which has acquired the Swedish car manufacturer Volvo, will start selling its five-seater EV EX30 in the U.S. This marks the […]
The Tesla Effect: Investors Brace for Potential ELS LossesTesla’s poor stock performance increases the potential for losses in Equity-Linked Securities (ELS) based on Tesla as the underlying asset. According to the Korea Securities Depository on the 23rd, as of the 19th, the foreign stock most held by domestic investors is Tesla, with a total holding value of $8.824 billion. Since last July, when […]
Tesla Slashes Prices on All Models in China Following U.S. ReductionsElectric car company Tesla lowered the sales prices of its three flagship models by $2,000 each in the U.S. market and then dropped the sales prices of all models in China. According to Tesla’s official Chinese website on the 21st, the Model 3 price was reduced from $39,000 to $36,800, a decrease of $2,200. The […]
Tesla's Accelerator Pedal Issue: Recalls Nearly 4,000 CybertrucksTesla has initiated a recall for its Cybertruck. On the 19th (local time), Tesla announced that it had recalled 3,878 Cybertrucks to rework and replace the accelerator pedal, which could increase the risk of unintentional acceleration if it becomes detached. According to a recall report submitted to the U.S. National Highway Traffic Safety Administration, Tesla […]
Tesla Slashes Prices Across Globe Amid Rising InventoryTesla cuts prices by $2000 in the US and €2000 in Europe Tesla has lowered its prices in Europe due to a surge in inventory at its Gigafactory in Grünheide (Berlin, Germany), built with the booming European electric vehicle market in mind. According to Reuters and The Guardian UK on the 21st (local time), Tesla […]
Tesla's Shocking Move: 10% of Employees FiredElectrek, a technical publication, reported on the 15th (local time) that Tesla is laying off more than 10% of its employees, citing an internal memo. According to insiders, Tesla has instructed managers to identify key team members while suspending some stock compensation and canceling some employees’ annual evaluations. It has also reduced production at the […]
Tesla to Reveal its Robotaxi on August 8thNew Declaration Leading Rebound on Tesla’s Stock Tesla CEO Elon Musk has announced on social media platform X that Tesla’s robotaxi will be unveiled on August 8th. This announcement carries the potential for a new revenue stream for Tesla, targeting an advanced level of autonomous driving beyond the existing ‘Autopilot’ and ‘Full Self Driving (FSD)’ […]
Tesla Lowers FSD Subscription Price in North AmericaTesla has halved the subscription fee for its Full Self-Driving (FSD) system in North America. Tesla announced on the 13th (local time) that it has reduced the subscription price for its fully autonomous driving system in the United States and Canada. This move is interpreted as stimulating sales amidst weak demand and price competition. According […]
Tesla's Cybertruck Production Trim: A Prelude to Massive Job Cuts?Due to poor performance, rumors of large-scale layoffs are circulating among workers.First quarter results will be announced after the market closes on the 23rd. Tesla has decided to shorten the production line of its electric pickup truck, the Cybertruck, and there appear to be rumors circulating among workers that there will be large-scale layoffs. It […]
Future of Car Customization: Tesla Cybertruck Leads the WayPredictions have emerged that Tesla’s large electric truck model, the Cybertruck, will contribute to revitalizing the car tuning market. Its simple design can be modified in various ways, leading to the expectation that the roads will soon be filled with uniquely customized Cybertrucks. According to industry sources on the 13th, the equipment utilized for Tesla […]
U.S. Consumers Pull Back on Electric Vehicle Purchases The popularity of electric cars in the U.S. is declining. The price burden caused by high interest rates and the lack of charging infrastructure is holding back the mainstreaming of electric vehicles. On the 16th (local time), market research firm JD Power released the 2024 U.S. Electric Vehicle Consideration Report. Among the survey respondents, the […]
Tesla's China Sales Dip: What's Behind the Drop in April Figures? Tesla's retail sales in China in April were 31,421 units, down 21.4 percent from a year ago. Based o ...
BP Eyes Acquisition of Tesla's Supercharger Network British Petroleum (BP), Britain’s largest and the world’s second-largest oil refiner, has expressed its intent to acquire Tesla’s electric vehicle charging station network, the Supercharger division. According to Bloomberg on the 9th (local time), BP announced that it is currently negotiating with Tesla to purchase its charging station network. Last week, Tesla laid off 500 […]
China Gives Tesla the Green Light to Test Robotaxis Elon Musk, CEO of Tesla, recently visited China and proposed to locally test robotaxis. According to China Daily, the Chinese government responded positively to this proposal on the 8th. The media outlet reported that Musk not only requested approval for the release of Full Self-Driving (FSD) software during his visit to China last month but […]
Musk's Mass Firing Raises Questions About Tesla's NACS Standard Elon Musk of Tesla has raised the issue of charger standards with existing automakers since last year, after firing the entire Tesla charging team. Ford and Rivian, the first to adopt Tesla’s NACS system, can charge through an adapter for Tesla’s NACS. Following this, they plan to start supporting GM, Volvo, Polestar, and others this […]
Revolutionizing AI: TSMC Starts Production of Chips for Tesla's Dojo TSMC has begun producing semiconductors for Tesla’s supercomputer Dojo. On the 5th (local time), the Liberty Times cited sources that TSMC announced this production commencement at a recent technology conference in California, USA. TSMC has begun manufacturing semiconductors for Tesla’s supercomputer Dojo. Dojo is an artificial intelligence supercomputer that trains autonomous driving software using data […]
Tesla Pulls the Plug on Rapid Charging Division Amid EV Sales Slump Due to declining electric vehicle sales, Tesla has shut down the division responsible for its rapid charging stations. The company will continue to operate but is expected to curb new investments, prioritizing enhancing the operation rate of existing facilities for the time being. As of the end of March, Tesla had approximately 60,000 rapid chargers […]
Tesla's Decision to Shut Down Supercharger Department Sends Shockwaves On the 24th of last month, Tesla vehicles were sighted charging at a Supercharger station in Fremont, California. Fremont (USA)/AFP-Yonhap News Tesla faces a wave of reductions, particularly in the battery charging sector, a core part of its electric vehicle business. This move has left the industry in a state of confusion. According to the […]
Elon Musk and Chinese Premier Li Qiang Discuss Tesla's Bright Future in China As reported by China Daily, Tesla CEO Elon Musk met with Chinese Premier Li Qiang on April 28, 2024, during the 2024 Auto China Convention. Premier Li stated that Tesla’s growth in China is a successful example of trade cooperation between the U.S. and China. He expressed his hope for continued collaboration in the same […]
Elon Musk's Secret Trip to Beijing: A Game Changer for Tesla? CEO Elon Musk has secretly headed to Beijing. According to Reuters, on the 28th, Elon Musk plans to meet with high-ranking officials in Beijing, China, to discuss the Full Self-Driving (FSD) software launch in the country. He also aims to gain approval to transfer data collected in China to train algorithms necessary for Tesla’s autonomous […]
Get Ready, Tesla: China's Low-Cost Electric Car is Coming to America This summer, a Chinese electric vehicle (EV) that performs similarly to Tesla’s Model Y but is over $8,700 cheaper will enter the U.S. market. According to reports from Reuters, the Chinese EV company Geely, which has acquired the Swedish car manufacturer Volvo, will start selling its five-seater EV EX30 in the U.S. This marks the […]
The Tesla Effect: Investors Brace for Potential ELS Losses Tesla’s poor stock performance increases the potential for losses in Equity-Linked Securities (ELS) based on Tesla as the underlying asset. According to the Korea Securities Depository on the 23rd, as of the 19th, the foreign stock most held by domestic investors is Tesla, with a total holding value of $8.824 billion. Since last July, when […]
Tesla Slashes Prices on All Models in China Following U.S. Reductions Electric car company Tesla lowered the sales prices of its three flagship models by $2,000 each in the U.S. market and then dropped the sales prices of all models in China. According to Tesla’s official Chinese website on the 21st, the Model 3 price was reduced from $39,000 to $36,800, a decrease of $2,200. The […]
Tesla's Accelerator Pedal Issue: Recalls Nearly 4,000 Cybertrucks Tesla has initiated a recall for its Cybertruck. On the 19th (local time), Tesla announced that it had recalled 3,878 Cybertrucks to rework and replace the accelerator pedal, which could increase the risk of unintentional acceleration if it becomes detached. According to a recall report submitted to the U.S. National Highway Traffic Safety Administration, Tesla […]
Tesla Slashes Prices Across Globe Amid Rising Inventory Tesla cuts prices by $2000 in the US and €2000 in Europe Tesla has lowered its prices in Europe due to a surge in inventory at its Gigafactory in Grünheide (Berlin, Germany), built with the booming European electric vehicle market in mind. According to Reuters and The Guardian UK on the 21st (local time), Tesla […]
Tesla's Shocking Move: 10% of Employees Fired Electrek, a technical publication, reported on the 15th (local time) that Tesla is laying off more than 10% of its employees, citing an internal memo. According to insiders, Tesla has instructed managers to identify key team members while suspending some stock compensation and canceling some employees’ annual evaluations. It has also reduced production at the […]
Tesla to Reveal its Robotaxi on August 8th New Declaration Leading Rebound on Tesla’s Stock Tesla CEO Elon Musk has announced on social media platform X that Tesla’s robotaxi will be unveiled on August 8th. This announcement carries the potential for a new revenue stream for Tesla, targeting an advanced level of autonomous driving beyond the existing ‘Autopilot’ and ‘Full Self Driving (FSD)’ […]
Tesla Lowers FSD Subscription Price in North America Tesla has halved the subscription fee for its Full Self-Driving (FSD) system in North America. Tesla announced on the 13th (local time) that it has reduced the subscription price for its fully autonomous driving system in the United States and Canada. This move is interpreted as stimulating sales amidst weak demand and price competition. According […]
Tesla's Cybertruck Production Trim: A Prelude to Massive Job Cuts? Due to poor performance, rumors of large-scale layoffs are circulating among workers.First quarter results will be announced after the market closes on the 23rd. Tesla has decided to shorten the production line of its electric pickup truck, the Cybertruck, and there appear to be rumors circulating among workers that there will be large-scale layoffs. It […]
Future of Car Customization: Tesla Cybertruck Leads the Way Predictions have emerged that Tesla’s large electric truck model, the Cybertruck, will contribute to revitalizing the car tuning market. Its simple design can be modified in various ways, leading to the expectation that the roads will soon be filled with uniquely customized Cybertrucks. According to industry sources on the 13th, the equipment utilized for Tesla […]
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