The FinTech Hub
Source: The Verge In 2016, Tesla published a blog that said all EVs it produces have the hardware necessary to achieve “Full Self-Driving,” meaning owners of those Teslas could look forward to autonomous rides and could eventually send their cars out as money-making robotaxis when not in use. Tesla later deleted that post, and now…
Source: The Verge Kia’s electric vehicles will get Tesla Supercharger access “sometime in March 2025,” the company announced in a statement. Kia EVs, including the EV6 and EV9, were scheduled to get Supercharger access in January using NACS to CCS1 adapters, but that has been delayed. Kia’s sister company, Hyundai, is beginning to ship new…
Source: The Verge For years, Tesla CEO Elon Musk has been promising an affordable electric vehicle, likely priced at $25,000, as a way to broaden the appeal of plug-in vehicles. He first mentioned it in a 2018 interview with YouTuber Marques Brownlee, saying “a $25,000 car, that’s something we can do.” Then in 2020, at…
Source: The Verge Tesla will launch an “unsupervised, no one in the car” robotaxi service in Austin, Texas, in June, Elon Musk said in an earnings call Wednesday. “We just want to put a toe in the water, make sure everything’s okay, put a few more toes in the water, with safety of the general…
Source: The Verge It’s one week into Elon Musk’s new role as chief cost-cutter for the Trump administration, but today, his side hustle as CEO of Tesla takes center stage with the release of the company’s latest earnings report. During the fourth quarter of 2024, Tesla said it earned $2.3 billion in net income on…
Source: The Verge On April 4th, 2022, we learned that Musk had purchased enough shares of Twitter to become its largest individual shareholder. Eventually, he followed up with an unsolicited offer to buy 100 percent of Twitter’s shares for $54.20 each, or about $44 billion. Twitter accepted Musk’s offer, but then things got weird because…
Source: The Verge The state of electric vehicle charging in North America is shaping up like the smartphone charging wars — but focused on much more expensive hardware. Right now, like USB-C and Android phones, the Combined Charging System (CCS, Type 1) plug is on a greater variety of cars. Meanwhile, Tesla’s plug was long…
Source: Live Mint The US stock markets opened higher on the first trading session of 2025, after the New Year break on January 2, as investors eye fresh political landscape and more interest rate cuts in the US economy. The Dow Jones Industrial Average gained 0.27% to open at 42,660.09 points. The S&P 500 rose…
Source: Live Mint US stock picks: Global markets demonstrated resilience in 2024 amid the uncertainty surrounding the US election results, government policy changes, and shifting economic phases. US equities, particularly small-cap stocks, rallied following Donald Trump’s re-election. Among Indians, US tech stocks emerged as staples for those investing in US markets. Nvidia and Tesla have…
Source: Live Mint Nov 29 – U.S. lender JPMorgan Chase agreed on Friday to drop its lawsuit filed against electric vehicle maker Tesla linked to stock warrant transactions. The move to drop the lawsuit was announced in a one-page court filing by both companies in a Manhattan court, where they said they will drop their…
