Tesla News Summarizes Surging Insureds

1. Tesla Vehicle Insurance
   12,500 Tesla vehicles were insured in China last week.
2. Trump To Interview Elon Musk
   Trump says he will have a “significant interview” with Elon Musk on Monday night.
3. Tesla’s Thailand plant plans put on hold
   According to a recent local report, Tesla has shelved plans to set up a factory in Thailand. Instead, it will focus on expanding its charging network in Thailand for the time being.
4. Tesla China Wireless Update
   Tesla China has updated 1,683,627 vehicles with wireless software updates (OTA) without a service center visit.
5. X, suing GARM
   X has filed a lawsuit against the Alliance for Global Media Responsibility (GARM), a major coalition of advertisers. The lawsuit alleges that GARM violated anti-trust laws by working with brands to induce them not to place ads on X.
6. Waymo Robotaxi Service Expanded
   Waymo is expanding its robo-taxi service area in San Francisco and Los Angeles.
7. Cruise Efforts To Resume Self-Driving Taxis
   Cruise, GM’s self-driving subsidiary, recently tried to restart its self-driving taxi service. Cruise’s chief safety officer Steve Kenner said his software has set a goal to become a “model driver.”
8. Governor Newsom Commends Rivian’s Achievement
   Gavin Newsom, Governor of California: “I want to applaud and thank Rivian for her remarkable achievement. Now Tesla is not the only manufacturer in the field. There is a dramatic competitive shift across the field.”
9. Rivian Loses Second Quarter 2024
   Rivian lost $32,705 per vehicle in the second quarter of 2024 (loss of $38,798 in the first quarter of 2024). It lost $124,000 per vehicle in the fourth quarter of 2022.