Tesla News Recaps Off When All Other EV Businesses Surge
- Tesla Unveils ‘Stampless Body Panel’ Patent — Signs Automotive Manufacturing Innovation
@Tesla recently released a patent for ‘manufacturing unimpainted vehicle body panels.’ The technology is seen as an innovation that can reduce production costs and even make repairs to cybercaps simple and affordable. - Tesla Launches UK’s First Virtual Power Plant (VPP) Program
Tesla has launched a Virtual Power Station (VPP) program in the UK that can generate revenue from energy sharing and sales through Powerwall. Users store surplus energy and then sell it to the grid, with communities getting clean energy. - Tesla Resumes Vehicle Ads At X
Tesla’s vehicle-related paid advertising, which had been suspended for a while, has resumed on X (formerly Twitter). Tesla Energy has been steadily advertising, but vehicle-related advertising has returned this time. - Warren Buffett Says The Impact Of Self-Driving On Insurance Industry
Warren Buffett said if Tesla achieves full self-driving, accidents could be reduced by 50%, negatively affecting sales for insurers such as GEICO. However, he stressed that “a good direction for society is ultimately what we are aiming for.” - xAI Starts Construction of World’s Largest Ceramic Membrane Bioreactor (MBR)
xAI is building the world’s largest MBR facility in Memphis, Tennessee, to supply cooling water for colossal supercomputers and nearby industrial facilities. 13 million gallons of cooling water per day will be sustainably supplied. - Waymo Expands Robotaxi Service Area In Austin, Texas
Waymo announced the expansion of its self-driving robotaxi’s operational area within Austin, Texas. This is seen as a significant step forward in commercializing self-driving technology. - U.S. decides to impose 93.5% preliminary anti-dumping duty on Chinese graphite
The U.S. Department of Commerce decided to impose a preliminary anti-dumping tariff of 93.5% after determining that graphite, a key Chinese battery material, received unfair subsidies. - Uber Invests $300M In Lucid — Robotaxi Cooperation In Full swing
Uber plans to invest $300 million in electric vehicle maker Lucid and purchase and deploy more than 20,000 Lucid Gravity SUVs over six years from 2026. The vehicles will be equipped with startup Nuro’s self-driving technology and will be operated by robo-taxi in major U.S. cities. - Trump signs bill to waive fines for noncompliance with fuel economy rules
Under the new law signed by former President Trump, automakers will be exempt from fines even if they do not meet fuel economy standards for their models after the 2022 sentence. This could have huge implications for companies like Stellantis and GM, which have previously paid large fines. - Volvo cuts U.S. vehicle lineup in wake of Trump tariffs
Volvo said it was scaling back its lineup of vehicle models in the U.S. this year, as former President Trump’s tariffs made it difficult to sell a variety of vehicles profitably.