My Brother Continues To Sell Stock, Tesla News Summary

1. Elon Musk’s Lowest Salary Among S&P 500 CEOs
   According to the Wall Street Journal (WSJ), Elon Musk received the lowest salary among CEOs included in the S&P 500 in 2023, with Tesla paying him $0 per year.
2. The 오토 Autopilot team began in a tweet nine years ago
   Elon Musk said he started Tesla’s Autopilot team nine years ago in the wake of a tweet. He added that key figures including Ashok, who now leads the AI team, and Milan, who is also in charge of the Optimus team, were early members of the team.
3. Tesla Breaks Production Of 1 Million Power Walls
   Tesla announced the completion of a cumulative 1 millionth Powerwall production at its Nevada Gigafactory.
4. 휴 Humanoid Robots Forecast U.S. Electricity Demand at U.S. Power Grid Level
   Morgan Stanley analyst Adam Jonas predicted that 1 billion humanoid robots will require about 4000 TWh of power per year in the future, which is equivalent to the size of the entire U.S. electric grid.
5. Tesla Model Y Sales Jump 213% In Norway
   Tesla saw a 213% year-over-year increase in new car sales in May, bringing its total to 2,600 vehicles, thanks to strong demand for the Model Y in Norway.
6. India set to slash EV import tariffs to 15%
   The Indian government plans to lower import tariffs, which currently stand at 70 percent, to 15 percent to attract electric vehicle companies, and up to 8,000 units will be allowed to be imported annually. However, those companies will need to invest around $500 million in India to benefit.
7. Indian government “Tesla focuses on imports rather than local production”
   The Union Minister of India said Tesla has no intention of producing vehicles in India, and that it is currently focused on importing finished vehicles.
8. xAI seeks to attract $300 million in investment with an enterprise value of $113 billion
   Elon Musk-led xAI is valued at an enterprise value of around $113 billion and is now reportedly planning to raise $300 million.
9. Neuralink to present live in 2 weeks
   Neuralink will introduce the company within two weeks and release presentations, including technology demonstrations, live-streamed.
10. Neuralink Secures $650M In Funds
    Neuralink said it has secured a total of $650 million in funding and aims to restore autonomy for people with motor, language and visual impairments through brain-computer interface technology.