Tesla News Summary Likely Rising Stock Price

Tesla News Summary Likely Rising Stock Price

1. Tesla completes 100 Millionth 4680 Cell Production
   Tesla has produced its 100 millionth 4,680 cells at every plant, enough to produce more than 73,000 Cybertrucks.
2. Kim Kardashian Unveils Customized Cybertruck
   Kim Kardashian has revealed a new custom Cybertruck photo to his 360 million Instagram followers.
3. Tesla Launches New Promotions for Model Y and Model 3
   Tesla has introduced new promotions for the Model Y and Model 3 in the U.S. Customers can use financial services at a low interest rate of 2.49% on loans ranging from 36 to 72 months with no advance payment when signing a contract.
4. Tesla requests bid for virtual power plant in South Australia
   Tesla has asked for a bid in South Australia for a virtual power plant (VPP) comprising about 7,000 household batteries. Tesla plans to expand its system, but wants to remain a battery product and software provider and also carry out the installation himself. The decision to sell is not expected to affect its own retail energy business in Australia.
5. Tesla Cybertruck Sales Jump in July
   In July 2024, Tesla delivered 5,175 Cybertrucks, marking a 61% month-over-month increase in sales. That gave the company an edge in the electric pickup truck segment, including rival Rivian R1T and Ford F-150 Lightning.
6. Brazil lifts asset freeze on Starlink and X
   Brazil has unfrozen Starlink and X’s assets after seizing a total of $3.3 million, about $1.3 million of which was transferred from X’s bank account and $1.99 million from Starlink.
7. Starlink Expands Use in Aviation
   Hundreds of thousands of people now have access to Starlink from 35,000 feet up every day. This will be a huge publicity stunt for Starlink, and many passengers are more likely to choose United Airlines.
8. Starlink in talks to advance to South Africa
   President Cyril Ramaphosa says SpaceX is in talks with the South African government to bring Starlink satellite services to South Africa.
9. Boeing on the brink of downgrade
   Boeing has lost its investment rating at Moody’s and is in danger of being rated junk, as the company faces disruptions to production and cash flow due to a possible long-term worker strike.
10. Waymo, Uber Expand Self-Driving Partnership
    Waymo and Uber announced a partnership to bring Waymo One to Austin and Atlanta from early 2025 only on the Uber app. Uber will manage and deploy Waymo’s fully autonomous vehicles in these cities.