26/2/6 #Tesla News Summary
- Tesla Shanghai Megapack Factory Starts Official Production On Feb. 11!
Tesla will hold an official event on the morning of Feb. 11 and begin mass production of its new Megapac plant in Shanghai. The plant is expected to generate between $8 billion and $10 billion in annual revenue. - New Tesla Model Y Increases Range by 5%!
Tesla received official mileage figures for its new Model Y from the EPA, up 5% from the previous Model Y to 327 miles (311 miles). Tesla now officially marks 320 miles. - South Carolina Considers Bill To Allow Direct Sale Of Electric Vehicles
The South Carolina Legislature is considering new legislation that would allow consumers to buy electric vehicles directly. This is expected to expand market access for EV makers, including Tesla. - Tesla China to provide 8,000 yuan insurance grant to Model 3 buyers
Tesla China offers 8,000 yuan (roughly $1,103) insurance subsidies to all Model 3 buyers. - Elon Wahl: “Tesla Optimus’ hands are so sophisticated that Fabergé feels simple”
Elon Musk Has This To Say About Tesla Optimus Robot’s Hand:
“The Tesla Optimus hand is so sophisticated that it makes a Fabergé seem simple. And it gives you a whole new appreciation for how incredible the human hand is.”
This means that the hands of Tesla Optimus are incredibly sophisticated, which makes us realize again how amazing human hands are. - Ark Invest: “After 10 years, most self-driving competitors are gone and only Tesla and Waymo are left”
According to a report by Ark Invest, a decade later, most automakers have dropped out of the race for self-driving cars, with only Tesla and Waymo remaining in the market. This shows that the two companies have remained unrivaled in the midst of fierce competition in developing self-driving technologies. - Ark Invest: “Wright’s Law Suggests $15,000 Robotaxi Possible”
Ark Invest predicted that Wright’s law would allow a robotaxi operation for $15,000. This is seen as an important factor to accelerate the popularization of autonomous driving technology. - Ark Invest: “Tesla’s cost per mile, 30% to 40% lower than Waymo”
According to a new report from Ark Invest, Tesla’s cost per mile is estimated to be between 30% and 40% cheaper than Waymo, thanks to Tesla’s efficient technology development strategy. - Elon Musk Set To Talk With Indian PM Modi
Elon Musk will meet with Indian Prime Minister Narendra Modi during his U.S. visit in about a week. Tesla’s expansion of the Indian market and cooperation with ISRO will likely be the main topics of discussion during the talks. - Delaware considers improving how corporate disputes are handled
The Delaware governor is considering improving the corporate dispute handling system. The changes will be made to reflect feedback from executives, corporate lawyers and Chancellor Court. - Banks push to sell $5.5 billion in X loans
Surging investor interest has prompted banks to sell $5.5 billion in X loans.
According to the WSJ, “With Elon Musk’s power in Washington and the return of big advertisers like Amazon, Wall Street is screaming to take part of X. X’s finances have reached a turning point.” - Ford Loses $37,000 Per EV… Q4 EV SEGMENT REDUCTION OF $1.38 BILLION
Ford reported a loss of about $37,000 per electric vehicle in the fourth quarter of 2024, with a loss of $1.38 billion in its EV segment. Its overall EV segment loss in 2024 amounted to $5.1 billion. - Ford cuts 67% production target for next-generation F-150 EVs… Expected to start production in 2027
Ford cut its production target for the next-generation F-150 EV by 67%, with a production start date of 2027. This is attributed to slowing EV market demand and cost issues. - Nissan to reject Honda’s merger terms
Nissan plans to reject the terms of Honda’s new merger offer. Honda originally revised the offer to include Nissan as a subsidiary instead of an equitable structure, but Nissan is unlikely to agree. - Mercedes to make Tesla Superchargers available in U.S. and Canada later this year
Mercedes will be able to access Tesla’s Supercharger network in the U.S. and Canada starting later this year, a significant shift that will expand compatibility in EV charging infrastructure.