Hyundai Motor Group Ranks Second in U.S. EV Market Share after TeslaIoniq 5 / Hyundai Hyundai Motor Group has risen to second place in the electric vehicle market in the United States, following Tesla. With a market share nearing double digits, expectations for this year’s sales volume are rising. According to industry sources on the 25th, the ranking of electric vehicle sales in the United States […]
Goldman Sachs Slashes Tesla's Target Price Over Production ConcernsGlobal investment bank Goldman Sachs has downgraded Tesla’s stock price. This reflects concerns about production issues and market conditions despite the price increase of Tesla’s main models. On the 18th, Goldman Sachs lowered Tesla’s target stock price from $220 to $190, maintaining a neutral investment opinion. The $190 is based on applying a 50-time multiplier […]
Elon Musk Details Ketamine Prescription Is in Investors' Best InterestRegarding the Trump meeting, “There was no money talk. I don’t want to spend money on legal bills.” Elon Musk, the CEO of Tesla, has stated that his prescription use of the psychoactive drug ketamine is “in the best interest of investors” in Tesla and his other companies. In an interview with former CNN anchor Don […]
Tesla Owner Fined for Trying to Sell a Used Cybertruck(Source: Top Gear) On March 11th (local time), a man was blacklisted for listing his Tesla Cybertruck for sale on a trading site for used goods. Dennis, an IT manager in Arizona, reportedly listed his Cybertruck on several secondhand trading sites. (Source: Cybertruck Owners Club) However, after listing the vehicle, he received an email from […]
Another Day of Decline in the Stock MarketReuters/Yonhap News On March 14 (Eastern Time), all three major New York Stock Exchange indices fell. According to Yonhap News, on the New York Stock Exchange (NYSE), the Dow Jones 30 Industrial Average ended down 137.66 points (0.35%) 38,905.66. The Standard & Poor’s (S&P) 500 Index closed at 5,150.48, down 14.83 points (0.29%) from the […]
SpaceX Takes Another Shot: Third Starship Test Flight LaunchedSpaceX Center / Federico Rostagno-Shutterstock.com Elon Musk’s space company, SpaceX, attempted the third flight of the unmanned spacecraft Starship, which was developed for lunar and Martian exploration. According to Reuters and others, SpaceX embarked on its third test flight from “Starbase” in southern Texas on the 13th. Starship’s upcoming launch is highly anticipated, as its […]
BYD Founder Wang Chuanfu Faces Crisis Over Alleged Extramarital AffairChairman Wang Chuanfu of BYD, a major Chinese electric vehicle company, is recently rumored to have illegitimate children in the United States—/Search engine Baidu. Wang Chuanfu, 58, founder of BYD, a major Chinese electric vehicle company comparable to Elon Musk’s Tesla, is suddenly embroiled in rumors of having illegitimate children in the United States, facing […]
World's Richest Person: Arnault Takes Lead, Bezos Falls to Second PlaceA power struggle for the title of “world’s richest person” is ongoing between Elon Musk, CEO of Tesla, Jeff Bezos, the founder of Amazon, and Bernard Arnault, Chairman of the French luxury group Louis Vuitton Moet Hennessy (LVMH). According to the Bloomberg Billionaires Index on the 10th, as of the 7th, Chairman Arnault has reclaimed […]
Tesla Launches Exclusive 2-Seater Model Y in FranceTesla launched a new 2-seater Model Y in France on March 5, 2024. According to Tesla insiders, the new model has a storage capacity of 76.2 cubic feet ( about 2,158 liters ), offers a range of up to 351 miles (about 565 km) (WLTP cycle), and was launched as a vehicle for business that […]
BYD, a Company Backed by Warren Buffet, Has Dominated the Entire EV IndustryRecently, the latest model of BYD’s Yuan Plus is being sold in China starting at about 120,000 yuan (about $16,660), which is about 12% cheaper than the previous model. According to the media, the price war of electric vehicles is currently accelerating in China, and overall sales volume is decreasing. BYD’s competitor XPeng had reached […]
Trump and Musk: Secret Meeting Sparks Speculation for 2024 ElectionFormer President Donald Trump, a strong candidate for the Republican presidential nomination, reportedly met with Tesla CEO Elon Musk, stirring speculation about securing “ammunition” for his election campaign. The New York Times (NYT) quoted an anonymous source on the 5th (local time), revealing that former President Trump met Musk in Palm Beach, Florida, on the […]
Elon Musk's Tesla Faces Setbacks: Stock Plummets Amid Factory SabotageTesla’s stock price has taken a severe hit, with its market capitalization evaporating by over $76 billion in just two days. This is mainly due to a series of setbacks in China and Germany, coupled with a global slowdown in the growth of the electric vehicle market. On May 5 (local time), Tesla’s stock closed […]
Amazon CEO Jeff Bezos Reclaims 'World's Richest Person' TitleAmazon founder Jeff Bezos. AP United News Jeff Bezos, the founder of Amazon, has surpassed Elon Musk, the CEO of Tesla, to become the world’s richest person. This shift in wealth ranking is analyzed due to the differing stock price trends of Amazon and Tesla. According to the Bloomberg Billionaires Index on the 4th (local […]
Elon Musk Beleaguered as Tesla Stocks Plummet and Lawsuits AriseElon Musk(photo) is battling on two fronts, in court and business. Following a defeat in a Tesla stock option lawsuit worth $56 billion, retired executives from X (formerly Twitter) have filed a lawsuit demanding $128 million in severance pay. An investigation into violations of securities laws by the U.S. Securities and Exchange Commission (SEC) is […]
Florida Court Admits Tesla Driving Assistance System DefectivePalm Beach County Judge acknowledges Tesla's flaws in driver assistance system, raises concerns about Autopilot terminology.
Lucid Motors Takes on Tesla with the Launch of Its New Electric SUV, GravityLucid Motors unveiled its large electric SUV called "Gravity" with impressive features, including a 710km range and aerodynamic design.
From Copycat to Leader: How a Battery Company Topped Tesla in SalesBYD's cost-effective in-house production, from battery manufacturing to global EV leader, helps secure its electric vehicle dominance.
Elon Musk's Surprise Move: Tesla Launches Paid Ads on YouTubeTesla, known for minimal advertising, launched a safety-focused YouTube ad, marking a shift in marketing strategy.
Elon Musk Drops Bombshell: Tesla's $27K Model 2 in the WorkTesla is reportedly working on a cheaper electric car model with a price tag of less than $27,000, aiming to make EVs more affordable.
'Black Swan' Director Takes on Elon Musk's Epic Tale in Upcoming BiopicA biopic on Elon Musk, Tesla CEO, is in the works, based on Walter Isaacson's biography, directed by Darren Aronofsky.
Hyundai Motor Group Ranks Second in U.S. EV Market Share after Tesla Ioniq 5 / Hyundai Hyundai Motor Group has risen to second place in the electric vehicle market in the United States, following Tesla. With a market share nearing double digits, expectations for this year’s sales volume are rising. According to industry sources on the 25th, the ranking of electric vehicle sales in the United States […]
Goldman Sachs Slashes Tesla's Target Price Over Production Concerns Global investment bank Goldman Sachs has downgraded Tesla’s stock price. This reflects concerns about production issues and market conditions despite the price increase of Tesla’s main models. On the 18th, Goldman Sachs lowered Tesla’s target stock price from $220 to $190, maintaining a neutral investment opinion. The $190 is based on applying a 50-time multiplier […]
Elon Musk Details Ketamine Prescription Is in Investors' Best Interest Regarding the Trump meeting, “There was no money talk. I don’t want to spend money on legal bills.” Elon Musk, the CEO of Tesla, has stated that his prescription use of the psychoactive drug ketamine is “in the best interest of investors” in Tesla and his other companies. In an interview with former CNN anchor Don […]
Tesla Owner Fined for Trying to Sell a Used Cybertruck (Source: Top Gear) On March 11th (local time), a man was blacklisted for listing his Tesla Cybertruck for sale on a trading site for used goods. Dennis, an IT manager in Arizona, reportedly listed his Cybertruck on several secondhand trading sites. (Source: Cybertruck Owners Club) However, after listing the vehicle, he received an email from […]
Another Day of Decline in the Stock Market Reuters/Yonhap News On March 14 (Eastern Time), all three major New York Stock Exchange indices fell. According to Yonhap News, on the New York Stock Exchange (NYSE), the Dow Jones 30 Industrial Average ended down 137.66 points (0.35%) 38,905.66. The Standard & Poor’s (S&P) 500 Index closed at 5,150.48, down 14.83 points (0.29%) from the […]
SpaceX Takes Another Shot: Third Starship Test Flight Launched SpaceX Center / Federico Rostagno-Shutterstock.com Elon Musk’s space company, SpaceX, attempted the third flight of the unmanned spacecraft Starship, which was developed for lunar and Martian exploration. According to Reuters and others, SpaceX embarked on its third test flight from “Starbase” in southern Texas on the 13th. Starship’s upcoming launch is highly anticipated, as its […]
BYD Founder Wang Chuanfu Faces Crisis Over Alleged Extramarital Affair Chairman Wang Chuanfu of BYD, a major Chinese electric vehicle company, is recently rumored to have illegitimate children in the United States—/Search engine Baidu. Wang Chuanfu, 58, founder of BYD, a major Chinese electric vehicle company comparable to Elon Musk’s Tesla, is suddenly embroiled in rumors of having illegitimate children in the United States, facing […]
World's Richest Person: Arnault Takes Lead, Bezos Falls to Second Place A power struggle for the title of “world’s richest person” is ongoing between Elon Musk, CEO of Tesla, Jeff Bezos, the founder of Amazon, and Bernard Arnault, Chairman of the French luxury group Louis Vuitton Moet Hennessy (LVMH). According to the Bloomberg Billionaires Index on the 10th, as of the 7th, Chairman Arnault has reclaimed […]
Tesla Launches Exclusive 2-Seater Model Y in France Tesla launched a new 2-seater Model Y in France on March 5, 2024. According to Tesla insiders, the new model has a storage capacity of 76.2 cubic feet ( about 2,158 liters ), offers a range of up to 351 miles (about 565 km) (WLTP cycle), and was launched as a vehicle for business that […]
BYD, a Company Backed by Warren Buffet, Has Dominated the Entire EV Industry Recently, the latest model of BYD’s Yuan Plus is being sold in China starting at about 120,000 yuan (about $16,660), which is about 12% cheaper than the previous model. According to the media, the price war of electric vehicles is currently accelerating in China, and overall sales volume is decreasing. BYD’s competitor XPeng had reached […]
Trump and Musk: Secret Meeting Sparks Speculation for 2024 Election Former President Donald Trump, a strong candidate for the Republican presidential nomination, reportedly met with Tesla CEO Elon Musk, stirring speculation about securing “ammunition” for his election campaign. The New York Times (NYT) quoted an anonymous source on the 5th (local time), revealing that former President Trump met Musk in Palm Beach, Florida, on the […]
Elon Musk's Tesla Faces Setbacks: Stock Plummets Amid Factory Sabotage Tesla’s stock price has taken a severe hit, with its market capitalization evaporating by over $76 billion in just two days. This is mainly due to a series of setbacks in China and Germany, coupled with a global slowdown in the growth of the electric vehicle market. On May 5 (local time), Tesla’s stock closed […]
Amazon CEO Jeff Bezos Reclaims 'World's Richest Person' Title Amazon founder Jeff Bezos. AP United News Jeff Bezos, the founder of Amazon, has surpassed Elon Musk, the CEO of Tesla, to become the world’s richest person. This shift in wealth ranking is analyzed due to the differing stock price trends of Amazon and Tesla. According to the Bloomberg Billionaires Index on the 4th (local […]
Elon Musk Beleaguered as Tesla Stocks Plummet and Lawsuits Arise Elon Musk(photo) is battling on two fronts, in court and business. Following a defeat in a Tesla stock option lawsuit worth $56 billion, retired executives from X (formerly Twitter) have filed a lawsuit demanding $128 million in severance pay. An investigation into violations of securities laws by the U.S. Securities and Exchange Commission (SEC) is […]
Florida Court Admits Tesla Driving Assistance System Defective Palm Beach County Judge acknowledges Tesla's flaws in driver assistance system, raises concerns about Autopilot terminology.
Lucid Motors Takes on Tesla with the Launch of Its New Electric SUV, Gravity Lucid Motors unveiled its large electric SUV called "Gravity" with impressive features, including a 710km range and aerodynamic design.
From Copycat to Leader: How a Battery Company Topped Tesla in Sales BYD's cost-effective in-house production, from battery manufacturing to global EV leader, helps secure its electric vehicle dominance.
Elon Musk's Surprise Move: Tesla Launches Paid Ads on YouTube Tesla, known for minimal advertising, launched a safety-focused YouTube ad, marking a shift in marketing strategy.
Elon Musk Drops Bombshell: Tesla's $27K Model 2 in the Work Tesla is reportedly working on a cheaper electric car model with a price tag of less than $27,000, aiming to make EVs more affordable.
'Black Swan' Director Takes on Elon Musk's Epic Tale in Upcoming Biopic A biopic on Elon Musk, Tesla CEO, is in the works, based on Walter Isaacson's biography, directed by Darren Aronofsky.
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