Tesla News Summarizes Shares Are Rising Fastly

Tesla News Summarizes Shares Are Rising Fastly

1. U.S. EV Market Share (as of July 2024)
   For the first seven months of 2024, Tesla topped the U.S. electric vehicle market with a 49.7% share, with Hyundai/Kia at 10%, Ford at 7.4% and GM at 6.3%.
2. Tesla Expects Up to $41B Benefit By 2032 With IRA
   Bloomberg estimated Tesla could receive up to $41 billion in tax benefits from the IRA by 2032. This includes $7,500 EV credits and a $45-per-kWh tax benefit on battery pack production.
3. Trump Offers Cabinet Or Advisory Role To Elon Musk In Reelection
   Former President Trump has said he intends to offer Elon Musk a cabinet or advisory role if re-elected.
4. Trump Says $7,500 EV Tax Credit May Be Abolished
   Former President Trump called the $7,500 tax credit for electric vehicle purchases “outrageous” and mentioned the possibility of abolishing it.
5. Starlink Records High Satisfaction and Recommended Score
   Starlink users showed higher satisfaction and received better recommendation scores than faster fiber optic network users, especially in areas where traditional networks were not effective, because coverage and reliability were important.
6. Starlink Leads Daily Life Change in Alaska
   SpaceX’s Starlink Satellite Internet Rocks Alaska Market, More than 10% of Alaska’s households use the Starlink service.
7. First civilian spacewalk mission to launch next week
   Next week, the first private spacewalk will be attempted 434 miles above Earth. The four Polaris Dawn crew members will test Starlink in space, aboard the SpaceX Dragon capsule and wearing a new EVA space suit.
8. Ford May Introduce Adaptive Regenerative Braking System In Electric Vehicles
   Ford could introduce an adaptive regenerative braking system to electric vehicles in the future that adjusts the level of regenerative braking according to the driver’s intentions.
9. Waymo Unveils 6th Generation Autonomous Driving System
   Waymo unveiled its sixth-generation autonomous driving system, announcing that it has achieved performance improvements and cost savings. The system consists of 13 cameras, four lidars, and six radars. However, it did not mention specific ratios or amounts for the cost savings.
10. More than 1,000 laid-off from GM, software and services departments
    General Motors Co GM said on Monday it would lay off more than 1,000 full-time employees in its software and services departments worldwide.