Tesla vehicle insurance registrations in China retreated sequentially for a second straight week, but the EV giant is trending toward a strong quarterly performance with official fourth-quarter delivery numbers expected next week.
The former head of Tesla's China factory has joined Envision Energy this week, the Chinese energy firm said on Tuesday.
Song Gang, who oversaw the construction of Tesla Inc.’s Shanghai factory, is set to leave the automaker this week, according to people familiar with the matter.
Tesla's Shanghai plant manager Song Gang has left the company, according to a letter he sent to staff on Wednesday.
Tesla's CEO Elon Musk said on the social media platform X earlier this year that Tesla would have robots ready for companies by 2026.
Nio, the world’s battery-swapping king, made a whole new brand and low-cost platform and benchmarked the Tesla Model Y for its new model: the Onvo L60.
Shannon Bream pressed Sen. Markwayne Mullin (R-OK) over the weekend on Elon Musk’s ties to China and his influence over the Republican Party.
Chinese car maker Xpeng has confirmed its entry into the UK market. Xpeng’s first cars will go on sale in time for the new 25 registration plate in March next year. Founded in 2014, Xpeng is led by the charismatic CEO He Xiaopeng.
Chinese robotics firm Agibot mass-produces humanoid robots, aiming for 1,000 units by year-end, while Tesla plans 2026 launch.
Several foreign automakers are pushing forward their projects and intensifying their year-end promotional activities in the vast Chinese market, aligning with national trade-in policies and accelerating their transition to electrification as they position themselves for opportunities here.
Lastly, assuming a 20-25x valuation multiple on Tesla's 2030 profits from robotaxis, I estimate the incremental enterprise value from the Tesla's robotaxi business at about $1.2-$1.5 trillion ($1.35 trillion at midpoint).