

News
GM looks to close gap from Tesla with sizable EV tech hiring ramp
General Motors has announced that it will begin hiring 3,000 new employees across engineering, design, and information technology through Q1 201 in an attempt to begin preparing for a massive transition to produce all-electric vehicles.
In a press release from November 9th, GM announced its intentions to hire new talent that could introduce fresh ideas and innovative designs as the company begins to prepare for the “development of autonomous and electric vehicles and advanced platforms like the Ultium battery system.” The plan intends to increase GM’s efficiency as it transitions to new powertrains and vehicle types while keeping costs low to allow for affordable models for customers.
GM to hire 3,000 people to work on future products and "software as a service". Company expects an inflection mid-decade where public demand for EV's will increase, and with it, will come greater demand for software related services. $GM
— Phil LeBeau (@Lebeaucarnews) November 9, 2020
“As we evolve and grow our software expertise and services, it’s important that we continue to recruit and add diverse talent. This will clearly show that we’re committed to further developing the software we need to lead in EVs, enhance the customer experience, and become a software expertise-driven workforce,” GM President Mark Reuss said.
GM’s first steps in refining their new EV project involve developing and integrating “world-class software and services” that will increase the company’s vision for the future. This includes zero crashes, zero emissions, zero congestion, the press release says. There will be no shortage of employment opportunities. Everything from electrical engineers to infotainment software developers is being sought out by the legacy automaker, building onto the already-existing GM platform.
- General Motors announced Monday, Nov. 9, 2020 it will hire 3,000 new employees across engineering, design and IT to help transform the future of product development and software as a service. GM will offer more remote opportunities than ever before as development of autonomous and electric vehicles and advanced platforms like the Ultium battery system continue at a fast pace. GM Software Automation Engineer Daniel Heintzel works with a telematics robot Wednesday, September 19, 2019 at the GM Infotainment Lab in Warren, Michigan. This facility now follows GM-mandated guidelines to help protect against the spread of COVID-19, including mandatory use of face masks and social distancing. (Photo by John F. Martin for General Motors)
- General Motors announced Monday, Nov. 9, 2020 it will hire 3,000 new employees across engineering, design and IT to help transform the future of product development and software as a service. GM will offer more remote opportunities than ever before as development of autonomous and electric vehicles and advanced platforms like the Ultium battery system continue at a fast pace. GM Software Test Engineer Shashank Lakshmikanth conducts connectivity checks and stress tests Wednesday, September 19, 2019 at the GM Infotainment Lab in Warren, Michigan. This facility now follows GM-mandated guidelines to help protect against the spread of COVID-19, including mandatory use of face masks and social distancing. (Photo by John F. Martin for General Motors)
- General Motors announced Monday, Nov. 9, 2020 it will hire 3,000 new employees across engineering, design and IT to help transform the future of product development and software as a service. GM will offer more remote opportunities than ever before as development of autonomous and electric vehicles and advanced platforms like the Ultium battery system continue at a fast pace. GM System Bench Lead Engineer Radha Iyer performs tests at the full system bench Wednesday, September 19, 2019 at the GM Electrical Integration Lab in Warren, Michigan. This facility now follows GM-mandated guidelines to help protect against the spread of COVID-19, including mandatory use of face masks and social distancing. (Photo by John F. Martin for General Motors)
Additionally, GM plans to improve upon its Vehicle Intelligence Platform, which includes its Tesla Autopilot rival, Super Cruise, a driver assistance feature. Recently, Consumer Reports controversially ranked Super Cruise above Tesla’s Autopilot, stating that the Elon Musk-headed company was a “distant second” compared to General Motors’ software.
GM has adopted a somewhat opened-mind regarding EVs and alternative forms of energy for passenger transportation. It has unveiled its Hummer EV, which will bring both the Tesla Cybertruck and the Rivian R1T some competition in the electric pickup truck market. However, some are still skeptical about GM’s total commitment to a full EV transition.
While the legacy automaker has committed to building 20 new fully-electric cars by 2023, it has also stated that it plans to allocate more than $20 billion of capital and engineering resources to its future EV programs through the next five years.
News
Tesla investors demand 40-hour workweek from Elon Musk
Pension fund leaders push the Tesla board to require 40 hrs/wk from Elon Musk. Should Tesla enforce this? Or simply trust Musk?

Pension fund leaders with Tesla investments are urging the company’s board to mandate Elon Musk dedicate at least 40 hours per week to the electric vehicle maker, citing a looming crisis.
The group holds a combined 7.9 million TSLA shares and expressed alarm over Tesla’s challenges in a Wednesday letter to board chair Robyn Denholm.
“Tesla’s stock price volatility, declining sales, as well as disconcerting reports regarding the company’s human rights practices, and a plummeting global reputation are cause for serious concern,” the investors wrote.
They attributed many issues to Musk’s external activities, including his role in the U.S. Department of Government Efficiency (DOGE). The pension fund leaders criticized the board for failing to ensure Musk’s “full-time attention” on Tesla. The group includes the SOC Investment Group, the American Federation of Teachers, New York City Comptroller Brad Lander, and Oregon State Treasurer Elizabeth Steiner.
The investors’ letter comes as the Tesla board plans for Elon Musk’s next compensation plan, following the Delaware Court of Chancery’s 2023 ruling to rescind his $56 billion 2018 package. Besides a 40-hour workweek requirement, they also called for a clear succession plan and limits on directors’ external board commitments to strengthen governance. The letter highlighted concerns about board independence. Tesla recently added former Chipotle CFO Jack Hartung, who previously worked with Musk’s brother, Kimbal Musk, as a Tesla board member.
The group’s letter reveals where the position of some investors as Elon Musk forges ahead with Tesla’s future plans. Musk’s broader ambitions for Tesla were evident during the Q4 and FY 2023 earnings call, where he envisioned the company as an AI and robotics powerhouse with “truly immense capability and power.” He emphasized his desire for 25% voting control to maintain influence without complete control.
“You know, we’ve had a lot of challenges with Institutional Shareholder Services, ISS — I call them ISIS — and Glass Lewis, you know, which there’s a lot of activists that basically infiltrate those organizations and have strange ideas about what should be done,” Musk said.
As Musk plans to focus more on Tesla, alongside xAI and SpaceX, the investors’ demands underscore tensions between his expansive vision and shareholder expectations. With Tesla navigating stock volatility and reputational challenges, the board faces pressure to align Musk’s leadership with the company’s long-term stability.
Investor's Corner
Tesla analyst’s firm has sold its entire TSLA position: Here’s why
Tesla analyst Gary Black revealed his firm, The Future Fund, has sold their entire $TSLA holding.

Tesla analyst Gary Black of The Future Fund revealed today that his firm has sold its entire $TSLA holding, marking the first time since 2021 that it has not had a position in the company’s stock.
Black has been a skeptic of the company and relatively pessimistic regarding some things many investors would consider catalysts, outlining his concerns and reasoning for selling the shares.
Much of Black’s reasoning concerns Tesla’s price-to-earnings ratio, delivery results and potential delivery figures for the future, and other near-term projects that he does not believe will yield as much value as others perceive.
We will break down each concern of Black’s below:
‘Disconnected from Underlying Fundamentals’
Black says that The Future Fund sold its holdings at $358 per share. The firm’s current price target is at $310, and he says it will remain there based on “our forecast of 2030 Tesla volumes of 5.4m and 2030 Adj EPS of $12.
Main Concern is P/E Ratio
The main concern Black and The Future Fund have is that TSLA “now sells at a 2025 P/E of 188x as earnings estimates continue to fall (-5% in the past week, -40% YTD) driven by weak YTD deliveries, including weak April results.”
Black says he believes quarterly deliveries will decline by 12 percent, and full-year by 10 percent.
This compares to Wall Street’s estimates of a 7 percent decrease for Q2 and a 5 percent year-over-year.
Robotaxi Skepticism
“We believe the risk/reward associated with the Austin robotaxi test remain asymmetrical to the downside,” Black writes in his post on X.
Tesla Robotaxi deemed a total failure by media — even though it hasn’t been released
Many believe the Robotaxi platform could be Tesla’s biggest catalyst moving forward, especially as other automakers do not seem to have even close to as robust a solution to self-driving as Tesla.
Tesla’s Affordable Models
Black says there are concerns the affordable model will be “a stripped-down Model Y priced lower and funded by lower costs rather than a new form factory that expands TAM.”
This is confusing, especially considering the cheaper price tag would expand the total addressable market (TAM) to begin with. The Model Y has been the best-selling vehicle in the world for the past two years.
Tesla still on track to release more affordable models in 1H25
Introducing an even lower-cost model with some missing features would still likely be a significantly more attractive option than a base model ICE vehicle, especially because the value Full Self-Driving provides would make the car more beneficial.
“This increases odds that FY’25 estimates decline further, risking a repeat of 2023-2024, when TSLA reduced EV prices supported by lower costs, and TSLA saw little or no incremental volume growth,” he finishes with.
News
Tesla gets major upgrade that Apple users will absolutely love
Tesla is unloading a new feature for iPhone users that they will absolutely love.

Tesla is giving its owners who use iPhones and the iOS platform a major upgrade that will make the vehicles more compatible with the current capabilities of Apple devices.
Much to the chagrin of Android users, Apple iPhone users who own Teslas are usually the first to get new features.
However, Tesla is rolling out a new feature to iPhone users that will only be available to them, as Live Update compatibility is now rolling out.
🚨 Tesla Supercharging now will give Live Updates to iOS users
This will help Tesla owners with iPhones track their charging progress while using other apps pic.twitter.com/sjmnjj5BCC
— TESLARATI (@Teslarati) May 28, 2025
Live Updates on the iPhone allow users to track the progress of tasks while using other apps. For example, uploading a post on X can be tracked while using an internet browser, as the Dynamic Island, the small display near the speaker on an iPhone, will show progress.
Tesla will now do this for Supercharging, a new update shows. The Dynamic Island is not the only thing that will monitor the progress of Supercharging, though. Updates will also be visible on the lock screen and as a drop-down notification:
- Credit: @Deandawiz | X
- Credit: @Deandawiz | X
- Credit: @Deandawiz | X
You will need iOS 17.2 or newer to use this feature.
The Supercharging updates will show the current State of Charge (SoC), time remaining, and price of the current session. These notifications will make the charging process easier when you’re not inside your Tesla, as many Superchargers are located in retail settings.
You’ll be able to monitor the price and time remaining with a quick glance at your phone.
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