Ford Motor experienced a dramatic decline in its stock price on July 25th, closing at $11.16, marking an 18.4% drop.
TESLA
The compatibility of non-Tesla EVs with Tesla chargers is an evolving landscape, driven by technological, regulatory, and market factors.
BYD's success in Singapore and Southeast Asia highlights the increasing competition in the EV market. And Tesla has faced challenges
Tesla CEO Elon Musk has announced that the company plans to start producing and using humanoid robots next year.
Tesla vehicles use a proprietary charging connector and protocol called the Tesla Supercharger Network, which other EVs can't use.
Tesla reported its lowest profit margin in over five years and missed earnings targets in Q2 due to price cuts and increased AI spending.
Tesla's Q2 2024 profit margin hit a five-year low at 14.6%, missing estimates, with net income falling to $1.48 billion.
Tesla is expected to report a significant dip in its second-quarter margins, marking the lowest point in over five years.
Elon Musk has announced that Tesla will begin low-volume development of a humanoid robot for internal use at the end of next year.
Tesla will use humanoid robots internally next year; Ocado is getting a big boost from its partner's automation technology.
Tesla halted several production lines in Texas and Nevada following a widespread IT outage, according to Business Insider.
Tesla CEO Elon Musk has reneged on his previous pledge to remain politically neutral in the wake of Donald Trump’s assassination attempt.
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