A Breakout With Stocks Taking A Break. Tesla News Summary

a summary of the news

1. Tesla Hits Record High With 17,300 Insurance Units In China

• Last week, 17,300 Tesla vehicles were insured in China, the highest in the fourth quarter of 2024.

1. Tesla Nevada Team Achieves 1,000 PowerWall Production A Day

• Tesla Nevada team builds 1,000 power walls a day, increasing the reliability of continuous power supply to homes and businesses.

1. Jim Cramer Gets Positive Views On Tesla’s Rise

• Jim Cramer expects Tesla’s rise to continue, citing the potential for a new administration to be positive for Elon Musk’s approval of autonomous driving.

1. Deutsche Bank Maintains Buy rating and sees positive outlook for Tesla

• Deutsche Bank analyst Edison U reaffirmed Tesla’s Buy rating and $295 price target, and expected the new administration’s regulatory change to Tesla’s advantage.

1. Monta Offers Tesla Wall Connector And Charge Refund Service Across Europe

• Through Tesla Wall connectors, Monta has decided to offer EV charging refunds to European companies and employees.

1. Tesla Cuts Sentry Mode Power Consumption With Software Update

• Tesla Cuts Power Consumption In Sentry Mode In Software Update 2024.38.

1. Air Baltic introduces Starlink Wi-Fi service in Europe for the first time

• AirBaltic is the first European airline to offer high-speed in-flight internet by installing SpaceX’s Starlink.

1. Hertz aims to sell 30,000 EVs by the end of the year

• Hertz will sell 30,000 electric vehicles by the end of the year and complete vehicle replacement work by 2025.

1. Volkswagen to expand investment in Rivian and launch joint venture in EV development

• Volkswagen has expanded its investment in Rivian by 16% to $5.8 billion and launched a joint venture to develop electric vehicles.

1. GM Unveils 2026 Cadillac Beastic EV
   • GM has officially announced its new 2026 Cadillac Bistik, which will compete with Tesla Model X.
2. Waymo Opens 24-Hour Driverless Robotic Taxi Service in Los Angeles
   • Waymo launches driverless robotaxi service available to anyone in Los Angeles, plans to expand service area.
3. Western Australia records 80.5% share of rooftop solar power
   • Rooftop solar power is at an all-time high in Western Australia’s power grid, and it has signed a large battery deal with the government to efficiently redistribute power.