Hyundai and GM collaborate on EV and clean energy Hyundai and General Motors have signed anou to jointly develop electric vehicles and Clean Energy Technologies this partnership aims to combine their strengths to challenge Tesla's dominance by reducing r& DN production costs their collaboration extends Beyond EVS covering internal combustion engines and hydrogen Tech by leveraging their scale and volume Hyundai and GM hope to accelerate vehicle development lower costs and deliver more competitive cars ultimately benefiting both companies and consumers welcome to the Tesla Daily News Tesla limits cybertruck wrap options to three colors Tesla has significantly reduced the number of cybertruck wrap options from 11 to 3 now available only in Saturn rose gold s satin stealth black and satin ceramic white these wraps are priced between $6,000 and $6,500 the cuts likely resulted from low demand for Less popular options many cyber Tru owners prefer more unique personalized reps and Tesla seems to have retained only the most popular choices for the market providing both personalization and protection for the vehicle's exterior welcome to the Tesla Daily News Tesla adds wheel path feature in latest FSD update Tesla's latest full self-driving FSD update version 12.5.2 introduces wheel path visualization this feature shows drivers where the vehicle will go based on the steering wheels position making parking and reversing easier initially available on the Cyber truck the feature is now offered across all Tesla models the update aims to improve safety and confidence particularly in challenging parking scenarios by providing more precise guidance this feature is expected to enhance the overall Driving Experience welcome to the Tesla Daily News analysts debate Tesla's business classification Tesla's identity as a company continues to be a topic of debate While most of Tesla's re Vue comes from vehicle sales some analysts believe it should be categorized as a tech company due to its ventures in energy I and software analyst Gil Lura views Tesla as primarily Automotive while deuta Banks Edison U sees it as a tech platform reshaping multiple Industries CEO yon musk has emphasized that Tesla's energy and solar Ventures will eventually surpass its Auto Automotive business welcome to the Tesla Daily News China advises automakers against overseas Investments China's Ministry of Commerce has advised its automakers to avoid investing in certain foreign markets including India Russia and Turkey they also warned of risks in Europe and Thailand Tesla and Hyundai are among the automakers eyeing India for Ev production with Hyundai filing for a $3 billion IPO while some Chinese automakers like byd focus on Europe many face challenges due to tariffs on Chinese mvs Gile is considering Manufacturing in Europe to avoid these tariffs and expand its presence welcome to the Tesla Daily News former Nicholas CEO ordered to pay $167 million former Nicholas CEO Trevor Milton has been ordered to pay1 $ 67.7 million to the company after being convicted of fraud in 2022 Milton misled investors about Nicole's hydrogen powered truck projects which never materialized he was found liable for 97% of the company's $125 million SEC fine and additional legal fees despite Milton's objections the Court ruled that he is responsible for the false and misleading statements that led to his conviction Nicola plans to collect the award welcome to the Tesla Daily News gy plans EV production in Europe to avoid tariffs G is exploring the possibility of establishing an electric vehicle production plant in Europe the move would help the Chinese automaker avoid European tariffs on China made EV Imports well discussions with Poland about a potential plant are ongoing some local officials are hesitant about the Partnership if Gile proceeds it would strengthen its European foothold and enhance its competitiveness against established automakers the European commission has already lowered Gil's import tariffs but further reductions are expected welcome to the Tesla Daily News Tesla increases cyber truck production at Giga Texas recent Drone footage from Giga Texas shows an increasing number of cyber trucks being produced estimates suggest Tesla is ramping up production to around 2,000 cyber trucks per week some vehicles are being transported in covered cargo trailers which is unusual compared to the typical car carrier trucks the ramp up in production comes as Tesla prepares for a surge in demand especially once the premium priced cyber truck Foundation series iies is phased out making the vehicle more accessible to a broader customer base welcome to the Tesla Daily News stellantis responds to us dealer Council criticisms stellantis responded to criticism from its US national dealer Council regarding its short-term decisions which have allegedly hurt iconic American brands like Jeep and RAM whilst stantis acknowledged concerns it pointed to a 20 1% sales increase in August and inventory reductions as signs of progress the company plans to collaborate with dealers to address long-term challenges stellantis CEO Carlos Tas has been invited to a council meeting in October to discuss strategies for strengthening the company's position in the US market welcome to the Tesla Daily News T-Mobile tests Wireless alerts via starlink satellites T-Mobile successfully tested sending wireless emergency alerts WEA via starlink satellites the test involved sending a hypothetical evacuation notice which was transmitted to space and back to T-Mobile smartphones on the ground the successful trial opens up the possibility of delivering critical emergency alerts to areas without reliable cell service especially during natural disasters T-Mobile plans to beta test the technology which could cover over 500,000 square miles of lightly populated or remote areas in the US welcome to the Tesla Daily News James May reviews Tesla cyber truck and suggest smaller version former Top Gear host James May recently reviewed the Tesla cyber truck and praised its bowl Innovative design despite his usual dislike for pickup trucks May admitted he liked the Cyber truck styling and functionality he also suggested that Tesla create a smaller vehicle akin to the Ford Focus with the same cybertruck design language May believes a smaller more compact version of the Cyber truck would appeal to a broader audience providing Tesla with another unique offering in the EV Market welcome to the Tesla Daily News stellantis dealer Council criticizes leadership over US market decline the US national dealer Council sent a letter to stellantis CEO Carlos Tas criticizing the company's short-term focus on profits at the expense of its iconic American brands the council highlighted a decline in sales for G Dodge and RAM attributing it to poor decisionmaking they expressed concern Conns about stellantis diminishing market share and called for long-term solutions to restore the company's position in the US Automotive Market Tas has been invited to address these concerns at an upcoming council meeting