Tesla

2024 - 8 - 8

Is Tesla Driving toward Glory or Just Taking a Scenic Route?

tesla malaysia clean energy - Cybertruck - Elon Musk - EV manufacturing - Malaysia - Robotaxi - Southeast Asia - Tesla - tesla malaysia

Tesla's robotaxi hype faces obstacles while ex-workers create a billion-dollar EV empire! 🚗💥

Tesla has been in the limelight lately, especially after announcing its highly-anticipated "Robotaxi Day" event. However, just days before the event, news broke that the unveiling of their autonomous vehicles had been delayed. Adding to the buzz, the very same month, a Tesla car equipped with its so-called 'Full Self-Driving' system was involved in a tragic fatal crash. These incidents have certainly placed a dent in the company's momentum and raised eyebrows among investors who are now questioning the safety and reliability of Tesla's autonomous technologies.

On the bright side, Tesla is experiencing a significant uptick in returns on capital. Analysts are keeping an eagle eye on underlying trends that could spell long-term growth for the stock. With the electric vehicle (EV) market continuously expanding, investors are wondering whether Tesla can maintain its foothold at the top or if they'll be overtaken by newer, fresher competitors. There’s definitely buzz swirling around their financial moves as the sector becomes increasingly competitive, making the future even more thrilling to watch.

In a twist of fate, former Tesla employees are not just sitting idly by; they have banded together to create a network of companies amounting to a staggering $10 billion. These ex-Tesla innovators are diving into various segments of the EV world, focusing on everything from revolutionary new batteries to smart EV chargers and sustainable battery recycling solutions. It seems that the push towards cleaner energy is set to skyrocket even further, proof that when one door closes, ten windows open!

In other news, Tesla's free shuttle train to its Gigafactory in Grünheide, Germany, made its triumphant return with Siemens Mobility’s sleek Mireo trains, emphasizing the company’s commitment to sustainability and customer service. While China’s automotive market celebrates hitting a significant milestone in EV and hybrid sales, one can’t help but wonder if Tesla’s upcoming strategies—like the elusive Robotaxi—are a clever play to keep the stock pumped or a genuine move toward the future of automotive technology.

Did you know? The ex-Tesla employees' ventures are not just reshaping the EV landscape but also contributorily enhancing battery tech and charging infrastructure! And meanwhile, the free shuttle train is a reminder that even in times of uncertainty, Tesla keeps moving forward, focusing on the greener road ahead! Moreover, General Motors has announced plans to build both EVs and gas-powered vehicles together, demonstrating that even giants are trying to navigate the evolving demands of the automotive market. With all these developments, it’s clear that the race for automotive excellence is just heating up!

Post cover
Image courtesy of "Bloomberg"

Tesla Stock Loses Momentum After Robotaxi Day Event Delayed (Bloomberg)

The same month the CEO set a date to unveil autonomous cars, the system his company markets as 'Full Self-Driving' was involved in a fatal crash.

Post cover
Image courtesy of "Yahoo Eurosport UK"

Tesla (NASDAQ:TSLA) Is Experiencing Growth In Returns On Capital (Yahoo Eurosport UK)

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...

Post cover
Image courtesy of "Fast Company"

How a network of ex-Tesla employees created $10 billion worth of ... (Fast Company)

From new batteries to EV chargers to battery recycling, ex-Tesla employees are creating a web of new entries into the clean energy space.

Post cover
Image courtesy of "Railway Gazette International"

Tesla shuttle returns with battery trains (Railway Gazette International)

GERMANY: The free shuttle train to Tesla's Gigafactory plant in Grünheide to the east of Berlin restarted on August 7, using two Siemens Mobility Mireo B ...

Post cover
Image courtesy of "Jalopnik"

Tesla Robotaxi Looks A Lot Like A Ploy To Pump The Stock (Jalopnik)

Plus, China's automotive market hits a major milestone in EV and hybrid sales, and General Motors plans to build EVs alongside gas-powered vehicles.

Post cover
Image courtesy of "Electrek"

Tesla is working through its giant Cybertruck backlog pretty fast (Electrek)

Electrek received several reports from Cybertruck reservation holders who placed their reservations in the last year who are now getting contacted by Tesla to ...

Post cover
Image courtesy of "Free Malaysia Today"

Tesla never said it will open factory in Malaysia, says Tengku Zafrul (Free Malaysia Today)

Investment, trade and industry minister Tengku Zafrul Aziz says the US electric car maker has never committed to building a plant here.

Post cover
Image courtesy of "The Star Online"

Tesla never committed to building factory in Malaysia, says Zafrul (The Star Online)

PETALING JAYA: The Investment, Trade and Industry Ministry (Miti) never announced that Tesla would open a factory here, says Tengku Datuk Seri Zafrul Tengku ...

Post cover
Image courtesy of "Paul Tan's Automotive News"

Tesla not scrapping Southeast Asia factory plans; reports of regional ... (Paul Tan's Automotive News)

Thai prime minister Srettha Thavisin previously said in November last year that Tesla was going to make Thailand its regional EV manufacturing hub, a statement ...

Post cover
Image courtesy of "BusinessKorea"

Tesla Cancels $5 Billion EV Factory Plan in Thailand, Prioritizing ... (BusinessKorea)

Thai Prime Minister Srettha Thavisin's ambitious plans to attract Tesla's investment in Thailand have hit a significant roadblock.

Ask Tesla, says Zafrul after car maker 'ditches' factory plans (Daily Express)

PETALING JAYA: Investment, trade and industry minister Tengku Zafrul Aziz sidestepped queries on a report alleging that US electric car maker Tesla has ...

Post cover
Image courtesy of "New Straits Times Online"

Tengku Zafrul: Tesla never committed to opening factory in Malaysia (New Straits Times Online)

Tengku Zafrul explained that the Ministry of Investment, Trade and Industry (MITI) had engaged in discussions with Tesla founder Elon Musk in efforts to attract ...

Post cover
Image courtesy of "Chinadaily USA"

Tesla makes it to Fujian govt procurement list (Chinadaily USA)

US-based electric vehicle maker Tesla Inc has been included on a government procurement list of East China's Fujian province for the first time.

Post cover
Image courtesy of "Yahoo Finance"

Microsoft vs. Tesla: Which should you buy after sell-off? (Yahoo Finance)

The so-called Magnificent Seven - Amazon (AMZN), Apple (AAPL), Alphabet (GOOG, GOOGL), Nvidia (NVDA), Meta (META), Microsoft (MSFT), and Tesla (TSLA) - have ...

Post cover
Image courtesy of "The Star Online"

Tesla quitting SEA purely commercial (The Star Online)

Tesla Inc's reported decision to scrap plans for its production operations in South-East Asia could be the electric carmaker's global operations commercial ...

California Governor Gavin Newsom 'Bent Over Backwards' To Help ... (Yahoo Eurosport UK)

Former Tesla Inc. (NASDAQ:TSLA) executive Rohan Patel said on Wednesday that California Governor Gavin Newsom and his team have “bent over backwards” to ...

Post cover
Image courtesy of "Electrek"

Elon Musk continues to siphon Tesla talent to train xAI's Grok (Electrek)

Elon Musk's xAI has now hired over a dozen Tesla employees to its language model, Grok, amid a Tesla shareholders lawsuit over the issue.

Post cover
Image courtesy of "Malay Mail"

Tesla never committed to opening factory in Malaysia, talks with ... (Malay Mail)

KUALA LUMPUR, Aug 9 — Tesla has never committed to opening a factory in Malaysia, said Minister of Investment, Trade, and Industry Datuk Seri Tengku Zafrul ...

Post cover
Image courtesy of "BusinessToday"

Tesla Never Committed To Opening Plant In Malaysia: Zafrul (BusinessToday)

Tesla has never committed to opening a factory in Malaysia, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

Post cover
Image courtesy of "South China Morning Post"

Thailand, Malaysia's Tesla hopes fade as Elon Musk appears to go ... (South China Morning Post)

The reported scrapping of a Southeast Asian Tesla factory could boost tariff-squeezed Chinese EV brands seeking new markets.

Post cover
Image courtesy of "Malay Mail"

PM Anwar: Tesla backing off Asean expansion not because of ... (Malay Mail)

KUALA LUMPUR, Aug 9 — Tesla Inc's decision to defer its planned expansion in the region was not a result of Malaysia's performance or polices, ...

Post cover
Image courtesy of "Free Malaysia Today"

Tesla struggling to keep up with Chinese EV manufacturers, says ... (Free Malaysia Today)

Prime Minister Anwar Ibrahim claimed that US car-maker Tesla, which was reported to have abandoned plans to build factories in Southeast Asia, has struggled ...

Post cover
Image courtesy of "The Malaysian Reserve"

PM Anwar: Zafrul said Tesla can't compete with Chinese... (The Malaysian Reserve)

Prime Minister Datuk Seri Anwar Ibrahim said he received information that Tesla could not compete with China Electric Vehicles (EV) that let to them ...

Post cover
Image courtesy of "The Star Online"

PM Anwar: Tesla's factory plans scrapped due to losses and ... (The Star Online)

KUALA LUMPUR: Tesla's reported decision to abandon plans to build electric vehicle (EV) factories in Thailand, Malaysia and Indonesia has been attributed to ...

Post cover
Image courtesy of "Paul Tan's Automotive News"

MITI never said that Tesla will open factory in Malaysia, BEV Global ... (Paul Tan's Automotive News)

He said that while the government held talks with Elon Musk in a bid to attract investment, Tesla has never made a commitment to open a factory here. This was ...

Explore the last week