In a nutshell: Tesla finds itself at the forefront of a heated competition between South Korean semiconductor giants Samsung and SK Hynix. The electric vehicle manufacturer has reportedly reached out to both companies, seeking samples of their upcoming HBM4 memory chips.
The requested $6 billion in lawyers' fee was also denied
What just happened? What's worse than having a multi-billion compensation package denied to you by a judge? Having it denied a second time, despite being overwhelmingly re-approved by Tesla shareholders. That's the situation Elon Musk has found himself in after Delaware judge Kathaleen McCormick upheld her original ruling that called the payment excessive. She also denied a request from lawyers who brought the case to be paid $6 billion.
Big quote: Zeng remarking on Musk's tendency to overpromise on timelines. "Maybe something needs five years," Zeng said. "But he says two years. I definitely asked him why. He told me he wanted to push people."
Optimus robots served drinks and mingled with the crowd
Forward-looking: The Cybercab, with its sleek design and advanced capabilities, embodies Elon Musk's vision of a future where autonomous transportation is the standard. However, the journey from concept to widespread implementation will likely be filled with technological and regulatory hurdles.
What just happened? General Motors' electric vehicles can now juice up at Tesla's extensive Supercharger network across the United States. This collaboration has been in the works for over a year after GM announced plans in early 2023 to adopt Tesla's proprietary charging connector and software for its upcoming EVs.
If the gambit pays off, Cybertrucks could eventually become cheaper
In context: Tesla set the stage for this milestone back in 2019 when it pulled the trigger on a major battery tech acquisition. The EV maker scooped up Maxwell Technologies and its promising "dry electrode" coating process, originally developed for supercapacitors. At the time, Tesla was still relying on partnerships with suppliers like Panasonic for cell production. But the Maxwell deal signaled Elon Musk's ambitions to bring that technology fully in-house.