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Xpeng Robotics Unit Raises Over $900 Million in Funding
TechnologyReutersbloombergSCMP+3Yahooseeking-alphainvesting-com13h ago6 sources

Xpeng Robotics Unit Raises Over $900 Million in Funding

Xpeng's robotics unit has successfully raised over $900 million in a record funding round, valuing the unit at more than $6.3 billion. This significant investment positions Xpeng to challenge Tesla in the embodied AI sector.

Humanoid Robots in Factories Still Slower Than Humans
Businessindex-hr17h ago

Humanoid Robots in Factories Still Slower Than Humans

Automobile manufacturers like BMW and Tesla are testing humanoid robots for factory tasks, but despite significant investment, the robots are currently slower than humans, leading experts to question their cost-effectiveness.

US National Debt Surpasses $40 Trillion Mark
PoliticsbloombergThe Guardiandr-dk+36Fox Newshelsingin-sanomatfazder-spiegelle-figaroSCMPsvenska-dagbladetdie-presse+28 more4d ago39 sources

US National Debt Surpasses $40 Trillion Mark

The United States national debt has exceeded $40 trillion, having doubled in less than a decade under the Trump and Biden administrations. This record-breaking increase is raising concerns among economists and financial markets about rising borrowing costs and the long-term economic outlook.

Tesla's Union Conflict in Sweden Escalates
Businesssvenska-dagbladet11d ago

Tesla's Union Conflict in Sweden Escalates

Tesla's dispute with Swedish unions has reached a point where the company's approach is seen as a warning sign for the Swedish labor model, potentially paving the way for other tech companies to challenge it.

Elon Musk's Companies Advance Solar and AI Initiatives
TechnologyBusiness InsiderobservadorTimes of India11d ago3 sources

Elon Musk's Companies Advance Solar and AI Initiatives

Tesla has unveiled new solar plans aimed at expanding US panel capacity, while Elon Musk has instructed SpaceX employees to take ownership of AI development. Separately, SpaceX has reserved a palace for an eclipse viewing, though Musk himself will not be attending.

X Product Head Nikita Bier Resigns After One Year
BusinessBusiness InsiderTimes of Indiahindustan-times+1Rappler18d ago4 sources

X Product Head Nikita Bier Resigns After One Year

Nikita Bier has stepped down as the head of product at X (formerly Twitter) after just one year in the role. Bier cited a need to 'take a breather' after running the app '24/7'.

Millions of Tesla Vehicles Recalled in China Over Door Handle Safety
TechnologyBBCBarron'sorf+16morgunbladidaktualne-czdelfi-ltdelohvgYahoojapan-timeschannel-news-asia+8 more14h ago19 sources

Millions of Tesla Vehicles Recalled in China Over Door Handle Safety

Millions of Tesla vehicles are being recalled in China due to safety concerns related to their hidden door handles. The recall addresses issues where the door handles may be difficult to locate, posing a potential safety risk.

Billionaire Investor Sees Shift from Bitcoin to Gold
BusinessYahoothestreet7d ago2 sources

Billionaire Investor Sees Shift from Bitcoin to Gold

A prominent billionaire investor believes there is a significant shift occurring among investors, favoring gold over Bitcoin. Despite this view, a top Tesla investor stated he is not selling his Bitcoin holdings.

Putin Threatens Retaliation Over Western Seizure of Russian Assets
PoliticsbloombergwapoThe Guardian+58Al Jazeeraukrainska-pravdafazaftonbladetberlingskeder-spiegelDWle-figaro+50 more12d ago61 sources

Putin Threatens Retaliation Over Western Seizure of Russian Assets

Russian President Vladimir Putin has threatened to seize European ships globally if the EU confiscates Russian vessels, in retaliation for Western actions against Russian assets. This warning comes amidst ongoing tensions and concerns about the impact on international shipping.

Nikola Tesla's Wardenclyffe Tower Project and Funding Issues
Businessn1-bih18d ago

Nikola Tesla's Wardenclyffe Tower Project and Funding Issues

Nikola Tesla began constructing a 57-meter-tall tower with a 55-ton copper dome on Long Island in 1901, intended to transmit messages and electricity globally for free. However, the project faced financial difficulties when its primary funder ceased payments.

Tesla and Other Automakers Begin Record Vehicle Recall in China
TechnologyReutersNYTwsj+18The GuardianNPRcnbcberlingskeSCMPde-volkskrantforbesYahoo+10 more2d ago21 sources

Tesla and Other Automakers Begin Record Vehicle Recall in China

Tesla and other major automakers have initiated a record-breaking recall of nearly 3 million vehicles in China due to safety concerns, including issues with door handles and driver monitoring systems.

Humanoid Robot Production Advances Amid Investor Interest
TechnologyBusiness Insidernikkei-asiazerohedge3d ago3 sources

Humanoid Robot Production Advances Amid Investor Interest

JPMorgan observed Tesla's Fremont factory as humanoid robot production nears, while global investors are increasingly using 'perp' bets to chase Chinese tech stocks like Unitree. Despite recent IPOs in robotics, experts believe a significant humanoid breakthrough is still years away.

Businessseeking-alpha4d ago

Purpose ETFs Declare Monthly Dividends for Various Funds

Several Purpose ETFs, including the Purpose Global Flexible Credit Fund, Purpose Premium Yield Fund, and Purpose Monthly Income ETF, have declared their latest monthly dividends. These declarations cover a range of investment strategies.

Tesla Ends Three-Year Swedish Strike by Buying Out Union Workers
Politicsle-mondedr-dknrk+12yle-uutisetaftonbladetberlingskele-figarosvenska-dagbladetrzeczpospolitatvn24de-volkskrant+4 more10d ago15 sources

Tesla Ends Three-Year Swedish Strike by Buying Out Union Workers

Tesla has ended a nearly three-year strike in Sweden by reportedly buying out the remaining union workers, a move described by some as an unprecedented resolution to a labor dispute. The long-running conflict saw the company resist signing a collective bargaining agreement.

Ford Unveils New Fathom Electric Pickup Truck Starting at $28,000
BusinessReuterscnbcBusiness Insider+4Yahoohotnewsnaftemporikivijesti-me17d ago7 sources

Ford Unveils New Fathom Electric Pickup Truck Starting at $28,000

Ford has announced its new electric midsize pickup truck, the Fathom, will have a starting price of approximately $28,000. This move positions Ford to compete in the growing electric vehicle market with a more affordable option.

Mark Ruffalo Praises Kia Over Tesla, Citing Luxury Feel
BusinessBusiness InsiderYahoo18d ago2 sources

Mark Ruffalo Praises Kia Over Tesla, Citing Luxury Feel

Actor Mark Ruffalo stated on X that his Kia is "hands down a better car" than a Tesla, describing it as feeling "luxury" and criticizing Teslas as "not well made cars" in response to a Tesla safety investigation.