Citing a conversation that Elon Musk had with the South Korean president, today Reuters came out with a report claiming that Tesla has picked the east Asian country as one of its top candidates for the EV maker's next gigafactory. This new sent Tesla share surging rising by 8% in a single trading day.
By market cap, Tesla is the world’s largest automaker – by a long shot. But Tesla s bears claim that the company is trading like a meme stock and has an unsustainable valuation.
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Tesla's FSD Beta software is rapidly progressing towards becoming a level 5 fully self-driving software. However, as the AI's capabilities grow, so has scrutiny by regulatory agencies. And today, an 8-month-old message sent by the NHTSA to Tesla asking to be included in the FSD Beta program has surfaced. After a long wait, Musk has finally agreed to turn on FSD Beta on the regulatory agency's in-house test Tesla vehicle.