Category: Next-gen Insight
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Summary: Philadelphia District Attorney Larry Krasner has officially dropped his case against Elon Musk's America PAC, according to a filing shared on social media. The case revolved around allegations that America PAC's daily $1 million giveaways leading up to the U.S. presidential election violated Pennsylvania's lottery and consumer protection laws. Krasner claimed the giveaways were…
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Blog Article: Stellantis to Shut Down Vauxhall Factory for EV ExpansionStellantis, a leading automaker, recently announced its decision to close the Vauxhall van factory in southern England. This move comes as part of its broader strategy to strengthen its position in the electric vehicle (EV) market. 1,000 jobs are at risk due to this closure,…
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Blog Post: Tesla's FSD V13 Teaser Sparks Excitement Tesla's VP of AI Software, Ashok Elluswamy, recently shared an exciting update about Full Self-Driving (FSD) V13. This new version promises to deliver significant upgrades over the current FSD iteration. A few weeks ago, he announced Tesla's goal to achieve "feature complete" unsupervised driving with the V13…
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Blog Post: Tesla recently clarified that no payments were made to Kim Kardashian for her recent posts featuring the company’s Optimus robot and Cybercab Robotaxi. Kardashian, known for charging over $2 million per promotional post, shared content of herself with Tesla’s products on her social media accounts, including Instagram, which boasts more than 359 million…
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Blog Post: Cooperative Steering and Driver Engagement A recent IIHS study sheds light on the importance of "cooperative steering" in partially automated driving systems. This feature keeps the system engaged, even when drivers manually adjust the steering wheel, unlike systems that disengage upon manual input. The study surveyed 1,260 vehicle owners from automakers like Ford,…
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Electric Vehicle (EV) Market Faces Potential Shifts Under Tax Credit Repeal Major EV companies like Lucid Motors, Rivian, and VinFast, alongside legacy automakers, are at risk of decreased sales if the $7,500 federal EV tax credit is repealed by President-elect Donald Trump. These companies widely rely on a leasing loophole to pass on the tax…
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Tesla and Rivian Face Challenges with U.S. Direct Sales Laws Tesla and Rivian are actively fighting state dealership franchise laws that complicate direct-to-consumer vehicle sales. These laws, supported by traditional dealership lobbying groups, restrict electric vehicle (EV) companies from selling directly to customers in several states, requiring workarounds such as leasing-only models, using tribal land…
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Simple Blog Post Tesla Dismisses Fatal Accidents Study, Reaffirms SafetyTesla's VP of Vehicle Engineering, Lars Moravy, has denied claims made by an iSeeCars study stating Tesla has a high rate of fatal accidents. Moravy criticized the study for misleading math and lack of regulatory credibility, affirming that Tesla’s vehicles are among the safest on the…
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Elon Musk's Net Worth Soars to an All-Time High of $348 Billion Tesla CEO Elon Musk’s net worth reached a staggering record of $347.8 billion on November 22, 2024, as per Bloomberg Billionaires Index. This increase was driven by Tesla’s 3.8% stock rise following positive investor sentiment regarding U.S. President-elect Donald Trump's plans to support…
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Tesla Stock Replaces Uber in Investor's Portfolio – A Major Move Towards Self-Driving Dominance Tesla's stock has caught the attention of Brad Gerstner, a legendary investor and CEO of Altimeter Capital, as he shifts focus from Uber to the rising potential of full self-driving (FSD) technology. Speaking on CNBC, Gerstner explained his decision to replace…