S&P 500 gives up some gains, but tech strength keeps bulls in control

Tesla (TSLA) FSD implicated in 736 crashes since 2019

According to data released by the National Highway Traffic and Safety Administration (NHTSA), Tesla's Autopilot software has been involved in 17 fatalities and 736 crashes since 2019.

According to the NHTSA, Tesla officially defines Autopilot as a "SAE Level 2 driving automation system intended to assist and support the driver in executing the driving task." It's important to note that Autopilot is not an autonomous driving technology. However, recent statistics indicate that some individuals are mistakenly treating it as such, leading to unfortunate and tragic incidents.

Transportation Secretary Pete Buttigieg recently stated in an interview with the... More

EnviroSpark Announces Integration of Tesla's (TSLA) NACS Connectors

EV charging solutions startup, EnviroSpark announced Tuesday that the company will integrate Tesla-designed (NASDAQ: TSLA) North American Charging Standard (NACS) connectors into its nationwide, EnviroSpark-owned charging network.

"We've already installed and maintained thousands of NACS connectors for partners since our founding in 2014, and in light of the... More

General Motors (GM), Samsung to build $3B EV battery plant in Indiana

On Tuesday, Indiana Governor Eric Holcomb revealed that automaker General Motors (NYSE: GM) and Korean battery manufacturer, Samsung will build a more than $3 billion EV battery cell plant in Indiana scheduled to begin operations in 2026 and is projected to generate 1,700 jobs.

Back in April, both companies pledged to... More

Toyota (TM) soars after detailing plans for a new battery and innovative EV tech

Shares of Toyota (NYSE: TM) were sent soaring almost 5% after the company revealed Tuesday that the Japanese auto giant will introduce a high-performance, solid-state battery alongside other technologies to improve the driving range and cut costs of future electric vehicles (EVs).

The plan comes a day before an annual shareholder meeting where governance and strategy - including a slow pivot to battery EVs under former CEO Akio Toyoda - will be scrutinized.

The comprehensive technology roadmap unveiled by the Japanese automotive giant encompasses a wide range of initiatives,... More

Apple (AAPL) Vision Pro could face trademark challenges - DigiTimes Asia

According to a report by DigiTimes Asia, Apple's (NASDAQ: AAPL) mixed reality headset, Vision Pro, could be facing trademark lawsuits.

The report states that as of 2019, Huawei had obtained authorization for the use of the "Vision Pro" product trademark in China.

They add... More

Tesla (TSLA) Scraps Canadian Orders for US-Built Model Y Long Range

According to Drive Tesla Canada on Friday, Tesla has sent emails to customers in Canada with existing orders for a Fremont-made Model Y Long Range, announcing that their order has been canceled.

According to a copy of the email sent to customers, Tesla says their chosen configuration is... More

Shares rebound as Blink (BLNK) ChargePoint (CHPT) and Tritium (DCFC) embrace Tesla charging connectors

Shares of electric vehicle charging equipment makers Blink Charging (NASDAQ: BLNK), ChargePoint (NYSE: CHPT) and Tritium (NASDAQ: DCFC) are bouncing back Monday after the three revealed they will be including Tesla's (NASDAQ:... More

Tesla (TSLA) to Outperform at KGI Securities on strong US advantage

KGI Securities has raised their rating on Tesla, Inc. (NASDAQ: TSLA) from Neutral to Outperform and increased their 12-month price target for the stock to $335.00. This upgrade comes in light of Tesla's U.S. investments, which have enabled their Model 3 and Y vehicles to qualify for tax credits of up to $7,500.

Analyst, Jennifer Liang wrote in a note, The price of the Model 3 RWD has fallen to $20-25k in certain states after federal, state, and local incentives are applied, making it competitive with popular ICE sedans. Tesla is expanding Gigafactory Nevada, where 4680... More