Tesla News Summarizes Plunging, Surges Significantly Again
- Cyber truck explosion controversy—Sceptical view of steel exterior thickness
The Washington Post quoted experts as saying that fireworks and fuel-fueled explosions may have caused similar effects in other vehicles. Some experts said that they cannot be sure that the strong structure of the Cybertruck pushed the explosion upward, which was equivalent to a bonfire. The Cybertruck’s steel exterior, however, is up to 1.8 mm thick and boasts strength about twice as thick as that of an ordinary car. - Tesla Target Shares Up—Canacode Ranges To $404
Canaccord Genuity upgraded Tesla’s price target to $404 from $298 and maintained a Buy rating.
This is the result of applying about 40 times the share price/E ratio (P/E) to Tesla’s expected non-GAAP EPS of $10.11 in 2027. Analysts emphasized the long-term upside, reflecting growth opportunities in electric vehicles, autonomous/AI, energy storage and robotics. - BYD vs Tesla—Electric Vehicle Sales Gap Narrows
BYD delivered 595,000 pure electric vehicles (BEVs) in the fourth quarter of 2024, totaling 1,764,992 vehicles per year.
Tesla sold 1,789,226 units a year, down 1% from a year earlier, but BYD closed the gap with a 12% increase.
In the fourth quarter, BYD also recorded 595,000 units and Tesla 495,570 units. - SpaceX Ready to Test Next-Generation Starship
SpaceX unveiled a new Starship design ahead of Test Flight 7.
Several improvements were reflected, including reducing the front flap, enhancing the propulsion system, and upgrading the thermal shield system.
In addition, 10 Starlink simulator deployments and in-orbit re-ignition tests of Raptor engines will be conducted.
SpaceX plans to build Starship’s reuse system and use it for long-term Mars exploration and cargo transportation. - Elon Musk Reaffirms Direct Mars Strategy
Elon Musk emphasized the direct Mars strategy, saying, “The moon is just a distraction factor.”
He explained that it is necessary to establish an annual megaton-class logistics system for a self-sufficient Martian colony.
Musk insisted on focusing on pioneering the future of mankind through direct travel to Mars. - Ford Surges 35% In EV Sales—Mustang Mach-E Gusts
Ford sold 30,176 electric vehicles (EVs) in the fourth quarter of 2024, up 35% year-over-year.
Detailed sales were 16,119 Mustang Mach-E, 10,703 F-150 Lightning, and 3,354 E-Transit Vans.
The Mustang Mach-E is the second-largest electric SUV in the U.S., behind Tesla Model Y, with its highest quarterly sales record. - Rivian Exceeds Expectations—Shares Jump 20%
Rivian delivered 14,183 units in the fourth quarter of 2024, beating analyst expectations (13,472).
Q4 production totaled 12,727 units, a total of 49,476 units produced annually and 51,579 units delivered.
The news sent Rivian shares soaring by 20%. - Microsoft invests $80 billion in data centers
Microsoft announced plans to invest $80 billion in data center construction in 2024.
More than half of these will be used in the United States by June 2025.