Tesla News Summary Can’t Get Over $400
- Tesla FSD Thoroughly Tested
All versions of Full Self-Driving (FSD) are thoroughly tested on closed courses, including rare and challenging situations. Sixteen specific cases are utilized in the process. - Tesla excluded from California EV tax credit
Tesla is the only company producing electric vehicles at its Fremont, California plant. However, Gov. Gavin Newsom has proposed removing Tesla from the new EV tax credit program, which Elon Musk has criticized as “ridiculous.” - Tesla And GM Trading Greenhouse Gas Credit
According to an EPA report, Tesla sold about 34 million metric tons of greenhouse gas credits in 2023, the highest among automakers. GM, on the other hand, purchased 44 million credits to offset the shortfall. - Tesla Lease MyTesla Program Launched in Australia
Tesla launched its LeaseMyTesla program to bring more electric vehicles to Australian drivers. Tesla announced this makes its vehicles more accessible and economically accessible. - Tesla China Offers Model Y Discounts
Tesla China has introduced a 10,000 yuan ($1,380) discount on the Model Y and said it can be used in conjunction with a 60-month interest-free (0% APR) promotion. - UBS Raises Tesla Stock Target
UBS analyst Joseph Spock raised the price target on Tesla Inc ($TSLA) to $226 from $197, but still maintained a Sell rating. - SpaceX Wins Dragonfly Mission Contract
SpaceX has won a $256 million service contract to launch NASA’s Dragonfly mission. The mission explores Saturn’s moon Titan, which is expected to launch in 2028. - Neuralink Approves Brain-Computer Interface Testing
Elon Musk’s Neuralink has received test approval to control the robotic arm using an N1 implant. Musk called it an important first step toward restoring digital and physical freedom. - SpaceX’s 7th Starship Test Flight Schedule
According to a new NASA document, SpaceX’s seventh Starship test flight could take place as early as Jan. 11. - Nissan cuts U.S. output by 17%
Nissan has informed suppliers it will cut U.S. production by 17% due to lower demand for vehicles. - Volkswagen Expected To Lose $1.6 Billion In Northvolt Bankruptcy
Volkswagen is expected to lose $1.6 billion due to EV battery maker Northvolt’s filing for bankruptcy in the U.S.