In this articleFTSLAGMA large number of new energy vehicles for export park at a car terminal on the Hangzhou section of the Beijing-Hangzhou Grand Canal in Hangzhou, Zhejiang Province, China, on June 2, 2025. Costfoto | Nurphoto | Getty ImagesDETROIT — The unraveling of the U.S. electric vehicle push is increasingly raising concerns of an existential crisis for the American auto industry, as Chinese carmakers surge ahead in the technologies that many still believe will define the next era of cars.The lates ...

Toyota Motor will sharply lift global hybrid output by 2028 and grow US manufacturing as governments retreat from policies favouring fully electric cars. The Japanese carmaker expects to build 6.7 million hybrid vehicles in 2028, up from a planned five million hybrid and plug-in hybrid vehicles in 2026, suppliers familiar with the plan told Nikkei Asia. This planned increase outpaces Toyota’s overall manufacturing growth. The company projects total vehicle output to rise by around 10%, yet the share of ...

Core Insights - Tesla is introducing a new, more affordable Model Y variant, starting at $43,630, which is $7,000 less than the Premium AWD version [1] - The new Model Y AWD trim has a range of 294 miles, making it the shortest range among Model Y options, while the recently introduced Standard RWD trim starts at $41,630 with a range of 321 miles [2] - The AWD version accelerates from 0 to 60 mph in 4.6 seconds, which is 2.2 seconds faster than the RWD model [3] Product Line Adjustments - Tesla has removed the "Standard" label from its entry-level Model 3 and Model Y, now referring to them as "Rear-Wheel Drive," while higher trims retain "Premium" and "Performance" designations [4] - The company is discontinuing the Model S and Model X, which have been the weakest sellers in its lineup, as part of a strategy to focus on future technologies like autonomy and robotics [5] Sales Performance - Tesla's overall vehicle sales have declined by 9%, with the company losing its global EV sales leadership to BYD and being surpassed by Volkswagen in Europe [6] - In 2024, Tesla sold a combined total of 50,850 units of the Cybertruck, Model S, and Model X, accounting for just over 3% of its total sales of 1,636,129 vehicles [6]

China has moved to ban one of the most iconic Tesla vehicle features in order to get a handle on vehicle safety. New safety regulations published by China’s Ministry of Industry and Information Technology state that cars sold in China will be required to have mechanical releases on their door handles, according to TechCrunch. The outlet added that the rules, which go into effect on Jan. 1, 2027, will ban hidden, electronically activated door handles. Under the new rules, each vehicle door, except for the ta ...

Tesla Inc. (NASDAQ:TSLA) will stop producing the Model S, as well as the Model X, CEO Elon Musk confirmed during the company's fourth-quarter earnings call. Tesla Ends Model S, Model X Production During Tesla's Q4 earnings call on Wednesday, Musk relayed the news to investors and analysts that the automaker would be scrapping its two premium offerings. "It’s time to bring the Model S and X programs to an end with an honorable discharge," Musk said, adding that Tesla intends to "basically stop production" ...

分组1 - U.S. Federal Reserve Chair Jerome Powell's press conference revealed limited insights, with stock futures showing little change and major indexes posting modest gains [1][2] - Meta's shares rose over 8% after beating fourth-quarter earnings expectations and providing strong sales guidance, although its Reality Labs unit reported a wider operating loss of $6.02 billion compared to the expected $5.67 billion [2][3] - Microsoft shares fell 7% despite surpassing Wall Street predictions, attributed to cooling cloud growth and light operating margin guidance [4] 分组2 - Tesla reported stronger-than-expected earnings and revenue for the fourth quarter, leading to a 2% increase in shares, but also noted its first full-year sales decline on record [5][6] - CEO Elon Musk announced the discontinuation of Model S and X production, reallocating resources to build Optimus humanoid robots, and Tesla plans to invest around $2 billion in xAI, a startup competing with OpenAI [6][7] 分组3 - The U.S. dollar index regained some ground after Treasury Secretary Scott Bessent denied intervention reports, despite the index falling over 10% in the past year, leading some to view the dollar as being in a bear market [9][11] - JPMorgan Chase, Bank of America, and Wells Fargo committed to matching the U.S. government's contribution to tax-advantaged savings accounts for children, with additional support from Altimeter Capital and rapper Nicki Minaj [12][13][14]

Tesla Inc. (NASDAQ:TSLA) has revealed the total number of active FSD subscriptions for the first time at its fourth-quarter earnings call.1.1 Million Active FSD SubscriptionsThe company shared the figure during its fourth-quarter earnings call on Wednesday, with CFO Vaibhav Taneja sharing that there were 1.1 million active FSD subscribers worldwide. He shared that there were "nearly 1,100,000 paid customers globally," adding that over "70% were upfront purchases."Taneja shared that as the company announced ...

Tesla Inc. (NASDAQ:TSLA) will stop producing the Model S, as well as the Model X, CEO Elon Musk confirmed during the company's fourth-quarter earnings call.Tesla Ends Model S, Model X ProductionDuring Tesla's Q4 earnings call on Wednesday, Musk relayed the news to investors and analysts that the automaker would be scrapping its two premium offerings. "It’s time to bring the Model S and X programs to an end with an honorable discharge," Musk said, adding that Tesla intends to "basically stop production" of t ...

Core Insights - Tesla Inc. is expanding its rental program across multiple U.S. cities, indicating a strategic move to enhance its service offerings and customer engagement [1][2]. Rental Program Details - The rental program will feature vehicles such as the Tesla Model 3 and Model Y starting at $60 per day, with the Cybertruck priced at $75 per day, and the Model S and Model X at $90 per day [3]. - The program includes benefits like unlimited miles, free Supercharging, and access to Full Self-Driving (FSD) features, along with a $250 discount on vehicle purchases made within 7 days of rental [3]. - Job listings for "Rental Readiness Specialist" positions have been posted in cities including Boston, Austin, Fort Worth, Phoenix, Houston, and Nashville, suggesting a significant expansion of the rental initiative [2]. Previous Initiatives - Tesla had previously launched a rental program in San Diego, which is set to run until December 31, 2025, with specific requirements for renters, including being at least 21 years old and possessing a valid driver's license [4]. Future Business Model - Elon Musk has suggested a potential future model where Tesla owners could rent out their vehicles when not in use, likening it to a service that combines elements of Uber and Airbnb [5]. Performance Insights - Ross Gerber, co-founder of Gerber Kawasaki, has praised the improvements in Tesla's FSD v14, indicating positive sentiment towards the company's technological advancements [6]. - Tesla's stock performance showed a decline of 2.17% to $395.23 at market close, but experienced a 0.60% increase to $397.60 in after-hours trading [6].

Core Viewpoint - The founder of The Dawn Project, Dan O'Dowd, criticized Tesla and CEO Elon Musk after a video surfaced showing a Tesla Robotaxi safety driver apparently asleep while monitoring a ride in San Francisco [1][2]. Group 1: Incident Details - A video shared by O'Dowd on social media shows the safety driver with his head down, seemingly asleep, only reacting when the 'driver attention' alarm activated [2]. - O'Dowd questioned whether the driver's behavior aligns with the expectations of constant attention and immediate preparedness required by Tesla's Full Self-Driving (FSD) system [3]. Group 2: Tesla's FSD Technology - Elon Musk stated during a recent earnings call that Tesla's Robotaxis, currently requiring a safety driver, are expected to operate driverless by the end of 2025 [4]. - The National Highway Traffic Safety Administration (NHTSA) is investigating Tesla's FSD technology due to reports of traffic violations and accidents involving vehicles using Autopilot or FSD [5]. Group 3: Industry Comparisons - Andrej Karpathy, former AI lead at Tesla, praised the FSD system, describing his experience as "basically a flawless drive" and comparing it to a magnetic levitation train [6]. - Waymo, Alphabet Inc.'s autonomous vehicle company, has expanded its self-driving cab services on highways in multiple cities without an onboard safety operator [7]. Group 4: Market Performance - Tesla's stock (TSLA) experienced a decline of 1.88% to $401.25 at market close, and further dropped 0.72% to $398.38 at the end of the regular trading session [7].