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Ferrari Unveils Its First Electric Car, Designed by Former Apple Design Head - Ferrari (NYSE:RACE)
Benzinga· 2026-02-10 07:31
Core Insights - Ferrari has officially unveiled its first electric supercar named "Luce," designed by former Apple design head Jony Ive [1][2] Group 1: Vehicle Specifications - The Luce is powered by four electric motors, delivering over 1,000 horsepower [2] - It features a 122 kWh battery, a 0-60 mph acceleration time of 2.5 seconds, and a range of 330 miles [2] - The vehicle weighs 5,100 lbs and includes four doors and four seats [2] Group 2: Design and Features - The Luce incorporates physical buttons and a retro-inspired steering wheel [2] - It includes a 10-inch infotainment screen similar to an iPad and a 12.5-inch instrument cluster with a physical needle in the digital speedometer [3] - Paddle shifters are located behind the steering wheel to control torque delivery, simulating gear-shifting sensations [3] Group 3: Market Reaction - Following the announcement, Ferrari's stock (RACE) increased by 0.70% to $336.13 at market close and further rose by 0.26% to $337.00 in after-hours trading [4]
Tesla Rival Xpeng Hires Morgan Stanley, JPMorgan To Prepare Hong Kong Listing For Aeroht: Report
Yahoo Finance· 2026-01-13 23:02
Group 1 - Xpeng Inc. is preparing for a potential IPO of its flying car unit, Aeroht, with the assistance of Morgan Stanley and JPMorgan Chase [1][2] - The IPO plans may evolve, as banks were previously invited to present their proposals for listings in Hong Kong or the U.S. [3] - Xpeng's CEO, He Xiaopeng, emphasized the company's ambition to expand beyond traditional automotive manufacturing into areas like Robotaxi and Humanoid Robots, with a trial phase for the Robotaxi service expected to begin soon [4] Group 2 - Xpeng plans to launch its Robotaxi service in 2026, utilizing Alibaba's Amap mapping platform [4] - The air taxi sector is being positioned as a significant development in mobility, with potential implications for the U.S. aviation industry [6]
Tesla faces several self-imposed deadlines in 'prove-it' year
Business Insider· 2026-01-12 09:45
Core Viewpoint - 2026 is positioned as a pivotal year for Tesla, with CEO Elon Musk emphasizing the importance of new hardware and software developments that will shape the company's future [1][2]. Group 1: Major Bets for 2026 - Tesla's strategic focus for the year includes advancements in self-driving software, the launch of a fully autonomous robotaxi service, the introduction of humanoid robots, and the unveiling of a long-delayed new vehicle [2][11]. - Analysts highlight that Tesla's future success is increasingly dependent on the scalability of its AI-powered autonomy [2][3]. Group 2: Robotaxi Expansion - The Tesla Robotaxi service began limited operations in Austin, Texas, in June 2025, utilizing Model Ys and Model 3s without human drivers, although "safety drivers" were initially present [3][4]. - Current operational areas for Tesla's robotaxis include Phoenix, San Francisco, Los Angeles, Austin, and Atlanta, with a focus on regulatory approvals for full autonomy [4]. Group 3: Cybercab Production - Tesla's Cybercab, a purpose-built autonomous vehicle without a steering wheel or brake pedals, is set to begin volume production in April 2026 [5][6]. - The company claims a significant lead in consumer self-driving data, with over six billion miles driven using Full Self-Driving in supervised mode [6]. Group 4: Competition and Market Dynamics - Musk asserts that Tesla is five years ahead of competitors like Nvidia in self-driving technology [7]. - Despite Tesla's advancements, competition is intensifying, particularly from companies like BYD, which has surpassed Tesla in vehicle sales and is targeting lower price points in key markets [14][15]. Group 5: Challenges Ahead - Tesla has faced two consecutive years of sales declines, with 2026 potentially marking a third year of decline, compounded by the loss of federal tax credits for EV buyers [16][17]. - Analysts note that while Tesla's product lineup includes innovations, it may be perceived as stale compared to competitors, impacting its market position [18]. Group 6: Stock Performance and Investor Sentiment - Tesla shares reached a record high of over $481 in mid-December, reflecting a 12% increase over the past year, including a 50% surge in the last six months [19]. - Investors emphasize the need for Tesla to introduce an affordable entry-level EV to attract uncertain shoppers in a slowing EV market [19][20].
X @Elon Musk
Elon Musk· 2025-12-20 19:43
RT tetsuo (@tetsuoai)entropy reversal engineprompt one: generation. prompt two: animation.grok image prompt:A photorealistic digital rendering of a heavily modified Tesla Roadster on a rain-slicked street in a cyberpunk Tokyo night scene, captured from a low-angle rear three-quarter view emphasizing the car's aggressive stance and dramatic lighting. The Tesla features a glossy black and vibrant yellow geometric camouflage wrap with sharp angular patterns, a massive fixed rear wing labeled "Tesla" in white a ...
X @Tesla Owners Silicon Valley
Tesla Owners Silicon Valley· 2025-12-07 21:38
Who is ready for the Tesla Roadster ? https://t.co/iKyGMoYAo8 ...
Making money from EVs is notoriously hard. Xiaomi just joined a tiny list of carmakers doing it.
Business Insider· 2025-11-18 16:13
Core Insights - Xiaomi's electric vehicle (EV) business has achieved quarterly profitability for the first time, reporting a gross profit of $98.5 million for the quarter ending in September [1][2] - The division's revenues reached a record high of $4 billion, with $3.98 billion coming from EV sales and $98.5 million from related businesses [2] - Xiaomi's SU7 sedan was a significant success, selling over 130,000 units last year, and its new model, the YU7, received 240,000 preorders within 24 hours of its launch [3] Company Performance - Xiaomi delivered over 100,000 EVs in the third quarter, a substantial increase from around 40,000 units during the same period last year [3] - The company has successfully navigated the challenging landscape of EV profitability, achieving this milestone in under two years, unlike many competitors [4] - Tesla took approximately ten years to report its first profitable quarter, while BYD has maintained consistent profitability by selling both hybrids and battery-electric vehicles [5][6] Industry Context - The EV market is characterized by fierce competition and price wars, making profitability difficult for many companies [7] - Notable competitors like Ford and GM are still incurring significant losses in their EV segments, while startups such as Lucid and Rivian reported losses of around $1 billion in the third quarter [6][7] - Other Chinese EV startups, like Nio and Xpeng, are also struggling, with Nio reporting a net loss of nearly $700 million in the second quarter of 2025 [7][8]
X @Tesla Owners Silicon Valley
Tesla Owners Silicon Valley· 2025-11-16 04:55
BREAKING: We’ve ordered a Teslaroadster and we expect it to fly & our faces to fly off https://t.co/JrhPatQdTv ...
X @Tesla Owners Silicon Valley
Tesla Owners Silicon Valley· 2025-11-11 19:55
Would you buy a Tesla Roadster?This car will be an absolute savagehttps://t.co/qCYvPsIMPa ...
X @Tesla Owners Silicon Valley
Tesla Owners Silicon Valley· 2025-11-09 18:52
The Tesla Roadster is a rockstar https://t.co/3W4x9OoE4g ...
X @Tesla Owners Silicon Valley
Tesla Owners Silicon Valley· 2025-11-09 02:17
Tesla Roadster 1454 with only 3k miles on it. https://t.co/pjmD3jS4teTesla Owners Silicon Valley (@teslaownersSV):Where it all started https://t.co/IOsuBPpg9o ...