Biden abandons presidential election and Tesla news summary

1. Tesla Plans To Launch Cybertruck In Canada
   Tesla plans to launch its Cybertruck in Canada by the end of this year.
2. Tesla’s FSD Upgrade Benefits
   Tesla is offering a $1,000 discount to customers who upgrade their Enhanced Autopilot to FSD and transfer it to new Tesla purchases. It’s valid for vehicle deliveries through Sept. 30, and there’s also a free three-month supercharging offer if you receive deliveries by Aug. 15.
3. Tesla Giga Berlin fixes IT issues quickly
   Tesla Giga Berlin quickly resolved an IT issue caused by a worldwide Windows failure. The issue, which was caused by a software update from CrowdStrike, was normalized within hours.
4. Putronic To Set Up Facility Near Giga Texas
   Putronic, a Korea-based Tesla supplier, is expected to create more than 300 jobs by setting up a facility near Giga Texas. The company manufactures powertrain components.
5. Elon Musk’s Plans To Build A Moon Base
   Elon Musk said a permanently populated lunar base should be built.
6. Tesla’s Innovation in AI Research
   Elon Musk said Tesla has made a lot of AI research innovations, but he’s focused on real-world operations rather than bragging about them. He added that other automakers produce more vehicles than Tesla, but lag behind in autonomous driving.
7. Trump Praises Elon Musk
   Trump said, “I love Elon Musk. Three years ago, I saw a rocket on TV landing on a barge in the middle of the ocean. There was no wings, there was nothing. It would have taken 50-100 years if it were a government.”
8. U.S. Public Electric Vehicle Chargers Expected to Increase
   According to Bloomberg, the number of public electric vehicle chargers in the U.S. will exceed the number of gas stations in eight years.
9. What Bill Gates Has To Say About Elon Musk
   Bill Gates said, “He talks a lot. I hope he talks more about the climate. He is very smart and he has made an important contribution in the field. He is unique and tells the story he wants to tell.”
10. Ford cancels European EV transition plan
    Ford cancelled plans to switch to electric vehicles in the European market by 2030. The company said its goal was “too ambitious” and that it could “not fully commit to any strategy until customers are fully prepared.”
11. Lucid CEO Emphasizes Longer Range Than Competitors
    Lucid CEO Peter Rawlinson highlighted that Lucid Air Pure achieves longer mileage than its rivals with 88 kWh battery packs (reduced to 84 kWh in 2025). The battery pack claims to be smaller, lighter, and less expensive, allowing it to offer vehicles at a lower price than Tesla.
12. News of Joe Biden’s resignation
    President Joe Biden announces no run for president in 2024, says he supports Kamala Harris.