Tag: TSLA
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Volkswagen Group Joins Tesla’s EV Charging Standard, Completing Industry Adoption
Volkswagen’s Move Reinforces the Growing Acceptance of NACS By adopting Tesla’s North American Charging Standard, Volkswagen Group underscores the increasing acceptance of this charging standard throughout the industry. With other automakers, including prominent players like GM and Toyota, already committing to the NACS, Volkswagen’s decision cements the de facto status of this EV plug in […]
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Tesla’s Labor Dispute in Scandinavia May Shape the Future of Unionization for UAW
A Movement Gaining Momentum in Scandinavia A movement for unionization that originated in Sweden with a group of 130 mechanics and 10 Tesla repair workers is steadily gaining traction across Scandinavia. Denmark, Finland, and Norway, all known for their high electric vehicle adoption rates, have joined forces to further this cause. Potential Impact on US […]
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Stock-Split Stocks: Nvidia, Amazon, and Tesla Predicted to Soar with Upside of Up to 128%
Nvidia: Implied Upside of 128% Nvidia, a semiconductor company, tops the list of stock-split stocks with the greatest potential for upside in the coming year. Analyst Hans Mosesmann of Rosenblatt Securities has set a lofty $1,100 price target on Nvidia’s shares, representing a potential gain of 128% in 2024. Mosesmann’s optimism stems from Nvidia’s involvement […]
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Jeff Bezos Envisions Trillion-Person Space Colonies to Save Humanity
The Vision of Trillion-Population and Space Colonies Jeff Bezos, CEO of Amazon, recently shared his optimistic view on the impact of artificial intelligence (AI) on humanity. In a podcast interview with Lex Fridman, Bezos stated that he believes AI is more likely to save humanity rather than make it go extinct. He even expressed his […]
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Tesla Faces Weaker Fourth Quarter Amidst Lower Sales and Production Concerns
Dialing Down Expectations Deutsche Bank analyst Emmanuel Rosner has expressed concerns about Tesla’s performance, predicting a “lower-growth period” and potential downside to its fourth-quarter earnings. Rosner expects lower sales and volumes, along with delays in meaningful production levels of the Cybertruck. In a note on Thursday, Rosner adjusted his fourth-quarter revenue and profit expectations, stating […]
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Year of AI: Nvidia Dominates, Meta Grows Up, Cryptos Rebound
The Rise of Weight-Loss Drugs In 2023, weight-loss drugs gained significant traction, with GLP-1 medicines attracting major attention. Developed by Novo Nordisk and Eli Lilly, these drugs mimic a gut hormone that regulates appetite and blood-sugar levels. As demand soared, shortages of these injected medications emerged, and companies are now working to create oral versions, […]
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Tesla Faces Production Challenges as Cybertruck Finally Hits the Market
Scaling Production: A Daunting Task for Tesla Now Tesla faces the daunting challenge of scaling up production—a task that the electric car manufacturer has historically struggled with. Describing the situation, John Voelcker, Contributing Editor for Car and Driver Magazine, states, “And this is in some ways a really giant experiment.” In an interview with Top […]
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Tesla’s Historic Rise: EV Dominance, Robotaxi Dreams, and Unstoppable Growth
EV Growth Continues: Scaling New Heights Central to Tesla’s triumph is its vertically integrated supply chain, strategic factory locations, and relentless technological advancements, allowing the company to hold the crown as the world’s leading EV manufacturer. While a growing number of competitors are entering the EV market, dethroning Tesla won’t be easy. With plans for […]
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Third Fatal Crash Raises Questions About Tesla’s Autopilot System Safety
Authorities Determine Autopilot in Use Virginia authorities have concluded that a Tesla operating on its Autopilot system was speeding and collided with a crossing tractor-trailer in July, resulting in the death of the Tesla driver, Pablo Teodoro III. This incident marks the third fatal crash involving a Tesla vehicle using Autopilot since 2016. The tragic […]
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Surprising Strength: U.S. Car Sales Defy Odds, Overcoming Obstacles for Growth
Ford, General Motors, and Tesla Report Better-than-Expected Sales Ford Motor Co. reported an impressive 11% increase in its U.S. second-quarter sales, following in the footsteps of General Motors Co., Tesla Inc., and other automakers who also reported better-than-expected sales earlier in the week. Analysts Highlight Factors Contributing to Sales Boost Analysts at Cox Automotive attribute […]