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The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

market, the company’s recent release of a city EV with a price tag under $10,000 has some worried for when it and other low-cost companies do. BYD launched its Seagull, a small hatchback EV with a price tag starting at 69,800 yuan (~$9,773), at the Shanghai Auto Show last year. auto market anytime soon , some U.S.

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Tesla India plans take a hit as Minister shoots down talks of import tax reduction

Teslarati

Rumors of a potential Gigafactory India have echoed through the community of well-known followers of Elon Musk, but the Tesla CEO shot down any potential of the automaker establishing production lines in the country in July. A smart move financially, Tesla spends hundreds of millions, even billions of dollars on production facilities.

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Neuralink Show & Tell Fall 2022 News Roundup [Live Coverage]

Teslarati

link] — Elon Musk (@elonmusk) December 1, 2022. Musk reminds the audience that going from prototype to production is difficult and has many challenges. Sake spelled out the Neuralink event’s welcome tag: “Welcome to show and tell.” Please refresh this page for the latest coverage. Human Trials.