Tesla Model Y tops South Korea import sales in February 2025

The Tesla Model Y led South Korea’s imported car market in February 2025 with 2,038 units sold, as per data from the Korea Automobile Importers & Distributors Association (KAIDA).  Total imported passenger car registrations in South Korea climbed 24.4% to 21,199 units from 16,237 a year ago. Tesla ranked third at 2,222 units, behind BMW … Read more

Elon Musk companies under scrutiny in the EU

Elon Musk-led companies are under scrutiny in Europe (EU) as tensions continue to rise between the bloc and the United States. Germany’s Green EU lawmaker Daniel Freund sent a letter to the European Commission requesting “a detailed list of EU funding allocated to companies owned or controlled by Elon Musk” in the past five years. … Read more

Elon Musk’s Pi Phone Starlink 2025 FINALLY HERE

Elon Musk’s Pi Phone Starlink 2025 FINALLY HERE

After years of anticipation and countless rumors, Elon Musk has officially unveiled the Tesla Pi Phone Starlink 2025, a revolutionary device that is poised to redefine the smartphone and global internet experience. By combining Starlink’s cutting-edge satellite technology with Tesla’s groundbreaking design expertise, the Pi Phone is already capturing the tech world’s attention like never … Read more

Tesla lands in Texas for latest Megapack production facility

Tesla has chosen the location of its latest manufacturing project, a facility that will churn out the Megapack, a large-scale energy storage system for solar energy projects. It has chosen Waller County, Texas, as the location of the new plant, according to a Commissioners Court meeting that occurred on Wednesday, March 5. Around midday, members … Read more

Foxconn’s ~$900M AI plant in Mexico undeterred by Trump tariffs

Foxconn plans to continue construction on its nearly $900 million AI plant in Mexico, undeterred by U.S. President Trump’s tariffs. Foxconn–a.k.a Hon Hai Precision Industry Co.–plans to build the world’s largest assembly plant for servers in El Salto, Jalisco. The servers will be powered by Nvidia Corp’s GB200 AI chips. The Taiwanese company grew its … Read more

Trump tariffs could obliterate Ford, GM, and Stellantis profits, but Tesla may be safe: Barclays

United States President Donald Trump’s 25% tariffs on imports from Canada and Mexico are threatening Detroit’s automakers, with Barclays analysts warning of a potential profit hit for Ford, GM, and Stellantis. Tesla will likely be safe from the adverse effects of Trump’s tariffs, however, as the company produces its vehicles in the United States. Trump … Read more

Tesla gets a $320 price target from Goldman Sachs

Goldman Sachs slightly cut its 12-month price target for Tesla from $345 to $320, citing weaker-than-expected vehicle deliveries in key regions and demand challenges. “We lower our below consensus delivery estimates for Tesla, reflecting the quarter-to-date data for key regions (i.e., China, Europe, and the US), as well as what we believe are broader demand … Read more

Judge rejects Elon Musk’s OpenAI injunction request, but offers fast trial

A federal judge has rejected Elon Musk’s push to block OpenAI’s for-profit conversion. The judge, however, opened the door for an expedited trial on Musk’s core claims against the artificial intelligence startup. Injunction Denied, but Core Case Advances U.S. District Judge Yvonne Gonzalez Rogers ruled on Tuesday that “Musk has not demonstrated likelihood of success … Read more

One dozen Teslas burn in arson attack in France, investigation underway

Authorities are investigating a suspected arson attack that torched a dozen Tesla vehicles outside a dealership in Plaisance-du-Touch, a suburb near Toulouse, France, late Sunday night.  The damage: The blaze destroyed eight cars and severely damaged four others. The prosecutor’s office informed the AFP that evidence suggests the fire was “not at all accidental,” pointing … Read more