Tesla To Open AI Training Center In China

26/2/7 #TeslaNews Summary

1. Tesla To Open AI Training Center In China
   Tesla has started operating an AI training center in China. Tao explained that the center focuses on deploying Tesla’s AI capabilities locally for driving assistance and AI applications in China.
2. Cybercap Faces New Trademark to Respond to Regional Regulations
   Tesla has filed for new “Cybercar” and “Cybervehicles” trademarks to launch cybercaps in some U.S. states where the words “Cab” or “Taxi” are banned. Elon Musk mentioned in his fourth-quarter earnings call that such action will be necessary. That gives the vehicle four names: Cybercap, Robotaxi, Cybercar, and CyberVicle.
3. Cybertruck to generate revenue through power grid linkage
   Tesla announced that Cybertruck owners in Texas and California will soon be able to take advantage of vehicle-to-power grid (V2G) capabilities. PowerShare Grid Support will allow vehicles to send energy back to the grid at a time of high energy demand, and owners will receive energy bill credits. This can contribute to strengthening regional energy stability as well as generating revenue.
4. Battery Storage System Exceeds Pumped Capacity for the First Time
   Last year marked a historic turning point for battery energy storage systems. Global operational storage capacity exceeded 250 GW, surpassing pumped hydro energy storage capacity for the first time. Annual additional generation is expected to exceed 100 GW/280 GWh in 2025, approximately tripling compared to 2023. From 2020 to 2025, the combined annual growth rate is over 100%.
5. Waymo Unveils AI-Based Surreal Self-Driving Simulation Model
   Waymo has unveiled Google DeepMind’s Genie 3-based “Waymo World Model.” The model proactively prepares Waymo drivers by simulating extreme and rare scenarios from tornadoes to highway plane landing situations. Simulation modifications can be made with simple language prompts and driving inputs, generating high-quality multi-sensor outputs including camera and LiDAR data. This allows Waymo to safely expand its service in more regions and new driving environments.
6. Stellantis shares plunge 23% on EV asset amortization
   Shares plunged 23% as Stellantis announced it was amortizing the value of assets in its electric vehicle business in anticipation of a loss of $26.5 billion. “This is a result of overestimating the speed of the energy transition, far from the realistic needs and desires of many car buyers,” the CEO explained.
7. Tesla pushes to build 100 GW solar manufacturing facility in U.S
   Tesla Vice President Von Eglston said he was building a 100 GW solar manufacturing facility in the United States, asking for contact from companies eligible to participate in the project.