Tesla News Summary Falling On Index Adjustment

Tesla News Summary Falling On Index Adjustment

1. DIMO Network Integration

• Tesla became the first carmaker to be able to integrate directly with its connected car app, the DIMO Network. More than 20,000 Tesla owners manage their vehicle data through the free DIMO app. Just by connecting to the app, you can receive rewards of up to $15 per month.

1. DOJO Supercomputer Unveiled

• Tesla unveiled its DOJO supercomputer at the ‘Mojo Dojo Compute Hall’ in New York at its 2024 Hot Chips event. The supercomputer is not just an AI accelerator, but is equipped with its own transport protocol over Ethernet. At its New York installation point, it is said that it will be able to see 2U compute nodes that do not have a front 2.5-inch storage device.

1. Semitruck Pilot Program Announced

• Dan Priestley will share new information about Tesla’s semi-truck pilot program at an IAA transportation event in Germany on Sept. 17 and 18.

1. Tesla Vehicle Insurance

• About 14,200 Tesla vehicles were insured in China last week.

1. Model Y Sales Lead

• The Tesla Model Y has become the best-selling luxury car in China for the third week in a row.

1. Queen’s Charging Station Construction

• Tesla plans to buy a parking lot in Queens, New York, for $18 million to establish a charging station.

1. Starlink Emergency Service

• SpaceX’s Starlink will provide free access to emergency services via mobile phones for people in emergency situations around the world.

1. CCS Combo 1 Adapter Price Reduction

• Tesla has slashed the price of its CCS Combo 1 adapter by up to 50% in the United States.

1. Planning to use Boring Company FSD

• The Boring Company will begin using Tesla’s FSD in its Las Vegas tunnel by the end of 2024.

1. Electric Vehicle Charging Infrastructure Subsidy

• The Biden administration plans to provide $521 million in grants to expand EV charging infrastructure.

1. Redwood Materials Casualty Completed

• Redwood Materials, a battery recycling company, has completed a cathodic facility in Nevada. The facility will be the first in the U.S. to supply cathode active materials commercially. Finally, the building will produce enough CAMs to power 1.3 million electric vehicles per year.

1. Xpeng Humanoid Robot Announced

• Xpeng will unveil its humanoid robot in October.