🤖🚗🎰 Robots or bust. Elon Musk, Tesla's CEO, suggested at Paris' VivaTech conference that Tesla's $827 billion market cap is closely tied to the automaker's progress in autonomous driving. Despite having limited insight into stock valuations, Musk reiterated the immense potential value of autonomy and Tesla's aspiration for a self-driving robotaxi fleet.
If Musk's tunnel drilling, flamethrowing, space exploring, and robot-building dreams come true. Mars will be the wildest vacation destination ever.
🥇🤝🥈If you can't beat 'em, pay 'em? Bill Ford, Ford Motor's Executive Chairman, stated the US is not ready to compete with China in EV production, citing China's rapid development and exportation of EVs. Instead, Ford's plan involves a $3.5 billion EV battery plant in Michigan, where it will license Chinese technology for learning and competitive advantage.
Know thy enemy, know thy self, y'all.
👎⚡️💪#NotMyStandard. While the market is shifting toward Tesla's charging standard, FLO and Nissan Canada have partnered to enhance EV adoption in Canada with special wires! New Nissan EV purchasers or lessees get $150 in FLO charging credits and access to FLO's seamless EV charging network. Furthermore, FLO's weather-resistant home chargers are now available at Nissan dealerships, simplifying home charging for EV owners.
Remember when everything came with a free year of XM radio? Are charging credits the new incentive nobody asked for?
📈💰🤷♀️"Affordable" = 2 years of untaxed minimum wage? Stellantis, the owner of Jeep and RAM, aims to launch an affordable EV under its Citroën brand next year, competing against incoming Chinese EVs. The Citroën e-C3 city car, priced around $27,000, offers over 186 miles of range.
The average US driver travels 37 miles a day. Maybe EVs would get more affordable if we used that as a starting point instead of a full gas tank?