Tesla News Summarizes Up And Down
- Trump Appoints Elon Musk And Vivek Ramaswamy To Government Efficiency Department
President Trump has announced that Elon Musk and Vivek Ramaswamy will lead the Department of Government Efficiency (DOGE). Trump said the department will be the “Manhattan Project” of our time, and his goal is to reduce excessive regulations, cut wasteful spending, and restructure federal agencies. The work is expected to be completed by July 4, 2026. - Tesla Bitcoin Hold Reaches $1 Billion On Bullish Market
The recent Bitcoin bull market has pushed Tesla’s Bitcoin holdings to $1 billion. - Tesla Supercharger Ratings As Best Charging Network In UK
The Tesla Supercharger network was named the best charging network in the UK with high ratings for its reliability, cost, and ease of use. Drivers particularly appreciated its cost-effectiveness over other networks. - Dan Ives Commentes On Tesla’s Performance On CNBC
“Five years ago, Tesla said it was never going to be profitable. They said it was impossible to ship 100,000 to 200,000 units a year, but now we’re talking about 2 million units. When it comes to robo-taxi, it’s a question of when, it’s not a question of whether it’s going to be possible. It’s a game changer for Tesla now. As a Tesla investor, it changes everything that Musk has the right to decide.” - Tesla Ends Cybertruck Wrapping Service
Tesla announced the end of its Cybertruck Wrapping service. This follows a reduction in its Wrapping color options from 11 to 3 two months ago. - Tesla Introduces Interest-Free Payment Options Through Klarna
Tesla introduced a six-week interest-free split payment option through Klarna for online shopping mall products, allowing buyers to make payments at 0% interest on four separate occasions. - Elon Musk attends Trump and Republican Conference in Washington, D.C
Elon Musk sits in the front row at a House Republican meeting with Trump in Washington, D.C. - CATL Consider Investing in U.S. EV Supply Chain
Tesla supplier CATL said Trump would consider building a factory in the U.S. if he allows investment in China. CATL founder Robin Zeng said he is open to U.S. investment. - Cybertruck Available to Buy in U.S. Online Inventory
Cybertrucks have started being offered in Tesla’s online inventory in the United States. Both Foundation Series AWD and Cyberbeast are available for purchase, and will gradually expand to more locations. - Cybertruck Drive Inverter Recall Proceeds
Tesla is undergoing a recall due to a problem with the Cybertruck’s drive inverter. Approximately 2,431 vehicles could be affected, increasing the risk of crashes due to loss of drive. - Tesla Supercharger Named Norway’s Most Favored Charging Network
Tesla Superchargers are the most preferred charging network among drivers of Norwegian electric vehicles, according to a survey conducted by EPSI. - NASA May Cancel SLS Rocket altogether
NASA’s SLS rocket is likely to be canceled altogether as it costs more than $2 billion per launch. SpaceX’s Starship aims to reduce the cost per launch to less than $10 million. - IEC Telecom to unveil Starlink solution for yachts
IEC Telecom plans to unveil a flexible Starlink solution for yacht owners at the 2024 Metstrade fair. - Ford Announces Plan To Reduce EV Production
Ford has decided to suspend production of Explorer and Capri electric vehicles due to worsening conditions in the EV market. Employees will be on a weekly shift until the Christmas break. - Xiaomi Celebrates 100,000th EV Production
The Xiaomi CEO posted a photo of him sleeping on the floor of a factory to mark the company’s 100,000th EV release. This is in honor of the actions Tesla Inc TSLA’s Elon Musk has done.