Etiqueta: Elon Musk

BYD has introduced a Level 2 ADAS system on its least expensive car that rivals Tesla's vaunted full self driving system.

The Tesla Model Y lost ground to Dacia Sandero’s benefit, and Chinese brands started to make their presence felt

Tesla’s stock has declined by 17% this year, raising concerns about its long-term performance. The promise of Tesla’s self-driving technology is challenged by Chinese competitor BYD. BYD has partnered with DeepSeek, whose AI technology competes with Tesla’s Full Self-Driving (FSD) capabilities. DeepSeek’s R1 model offers similar performance to Tesla’s FSD at a lower cost, worrying investors. Elon Musk’s wide-ranging business activities raise questions about his focus on Tesla’s core ambitions. BYD’s rise illustrates the intense competition in the race for autonomous vehicle dominance. Tesla must adapt to maintain its position in the rapidly changing tech environment. Tesla is navigating through

Elon Musk’s Tesla is on a sharp downward spiral, shedding 16 per cent in just over a week after Chinese rival BYD announced plans to develop autonomous vehicles with DeepSeek. Coming into Wednesday trading, the EV giant dropped for its fifth consecutive day. Its shares have plummeted 32 per cent since mid-December, when the firm

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! The media is ablaze with a big announcement from BYD. The company is going to be putting a new ADAS (advanced driver assist system), “God’s Eye,” into every single one of its new models ... [continued]

Tesla shares fell 7% on Tuesday and have dropped for five straight days, wiping out over $200 billion in market cap.

The Chinese automaker backed by Warren Buffett's Berkshire Hathaway announced it's rolling out new autonomous driving capabilities on all models

Shares of competitors Li Auto, Xpeng, and Geely Auto fell by 6%, 9% and 10% respectively.

Advanced smart driving will become a standard safety feature similar to seatbelts and air bags, BYD's founder and chairman Wang Chuanfu said.

Isn't Tesla worth a trillion dollars because it's supposed to dominate in autonomy?