{
}
Huawei will unveil its 1.5 MW supercharger on April 22, designed for heavy-duty trucks, capable of charging at 20 kWh per minute and fully charging a vehicle in 15 minutes. This announcement comes as Zeekr plans to launch its 1.2 MW supercharger, while BYD has introduced a 1,000 kW fast charger. Additionally, Huawei showcased an unmanned EV charging robotic arm that can autonomously connect to vehicles.
Elon Musk accused Reid Hoffman of funding protests against Tesla, claiming a direct link to the group Indivisible. In a sharp retort, Hoffman countered that the real probability is that many people dislike Musk, suggesting he fabricates accusations instead of addressing his issues. The ongoing protests, some of which have turned violent, reflect growing public anger towards Musk's actions and influence.
Tesla's sales are declining due to a combination of factors, including CEO Elon Musk's controversial political involvement and issues like the Cybertruck recall. Branding expert Allen Adamson suggests that Musk's erratic behavior and the brand's shifting public perception are damaging, indicating that a change in leadership could be beneficial for Tesla's image. In the automotive market, where brand identity is crucial, negative perceptions can significantly impact consumer choices.
Elon Musk emphasized the critical nature of the Wisconsin Supreme Court election, claiming it could determine "the future of civilization." At a rally in Green Bay, he distributed $1 million checks to two voters to promote opposition to "activist judges," despite legal challenges regarding the legality of his actions. The election, which could shift the court's ideological balance, has already become the most expensive judicial race in U.S. history, with over $81 million spent.
Tesla is poised to report a decline in first-quarter deliveries, with estimates between 355,000 and 360,000, reflecting a 7% drop from last year. This downturn is attributed to consumer backlash against CEO Elon Musk, ongoing protests, and anticipation for updates to the Model Y. Additionally, new tariffs on foreign-made vehicles threaten to disrupt the auto industry, with Musk acknowledging the significant impact on Tesla.
Elon Musk has distributed million-dollar checks to two Wisconsin voters in an effort to influence the upcoming state Supreme Court election, which could shift the court's balance towards conservatism. The election, seen as a referendum on Trump, features liberal Susan Crawford against conservative Brad Schimel, with significant implications for issues like abortion rights and electoral districting. Musk's financial backing for conservative causes has raised concerns about his growing influence in U.S. politics.
Zeekr has introduced a new charger with a peak power of 1.2 MW, surpassing BYD's recently unveiled 1 MW charger, which can add 400 km of range in just 5 minutes. This fully liquid-cooled charger will debut at the Shanghai auto show in April, marking a significant advancement in ultra-fast charging technology. Currently, no passenger vehicles support 1.2 MW charging, but Zeekr's energy unit operates 826 supercharging stations with over 4,000 superchargers.
US markets are under pressure as fears of a trade war escalate with President Trump's impending tariffs affecting all countries. The Dow Jones and Nasdaq 100 indices have seen significant declines, while gold prices soar amid geopolitical tensions. Vaccine stocks also suffered, with Moderna and Biontech experiencing sharp losses.
Xpeng celebrated a significant milestone with the 100,000th Mona M03 rolling off the assembly line just seven months after its launch, achieving record production for a new Chinese electric vehicle. The sedan has consistently delivered over 15,000 units monthly, contributing to Xpeng's strong sales performance. The company plans to introduce the Mona M03 Max variant in May, featuring advanced autonomous driving technology.
Elon Musk rallied support for conservative Brad Schimel at a Wisconsin town hall, emphasizing the mission of his Department of Government Efficiency (DOGE) to eliminate waste and fraud in government spending. He argued that reducing waste could help curb inflation and defended DOGE against constitutional criticisms. Musk also discussed his significant financial contributions to the state's Supreme Court race, including $1 million checks to voters, despite legal challenges from the Democratic attorney general.
Tesla, Inc.
Companies
| Symbol | TSLA |
| Name | Tesla, Inc. |
| Currency | USD |
| Sector | Consumer Discretionary |
| IndustryGroup | Automobiles & Components |
| Industry | Automobiles |
| Market | NASDAQ Global Select |
| Country | United States |
| State | CA |
| City | Palo Alto |
| Zipcode | 94304 |
| Website | http://www.tesla.com |
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
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