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German official rallies automakers to produce EV batteries in Europe
Recognizing how integral rechargeable batteries for electric vehicles will be for the future of the European car industry, the German Minister of Economic Affairs has called for a joint effort by Europe and its car manufacturers to produce batteries for electric vehicles (EVs).
Gabriel told publication Spiegel, “We should launch a major initiative to build independent battery cell production and research for all European car makers.” He called upon all eligible automotive manufacturers to participate, with the goal to maintain leading edge automotive production in Germany and Europe.
He went so far as to suggest that the state might assist in the project. “The funding of the European investment funds, which President Jean-Claude Juncker has set up, could help finance the company.”
EVs are considered the most promising alternative to internal combustion engine vehicles towards a cleaner transportation sector. However, in order to reduce greenhouse gas emissions, EVs must contain adequate electricity generation needed to charge its batteries. Gabriel has repeatedly implored European auto manufacturers not to leave this field to competitors. Not every European car manufacturer is convinced.
Individual European automakers have struggled with the decision on whether to invest in costly battery R&D or source from an outside supplier. BMW CEO Harald Krüger explained only a few days ago that his company has not yet finalized the decision to he would enter lithium-ion battery production. “We still have to look at that.” Only a month earlier, Krüger had announced a new electric car strategy, with a range of models of existing series also with an electric drive, including a revised version of its BMW i3 capable of 114 miles per single charge. In contrast, Daimler announced earlier in the year that it would be investing 500 million euros to build another factory in the Kamenz district of Saxony for the production of lithium-ion batteries, which are intended to support electric and hybrid vehicles from the Mercedes-Benz and Smart brands. On November 25, Daimler announced it is is planning to invest up to 10 billion euros ($11 billion) in developing electric vehicles.
Volkswagen (VW) CEO Matthias Müller included in an interview with the Bild that, by 2020, VW will offer 30 all-electric models. Müller had already predicted that, in 2025, approximately 20 to 25 percent of total sales will be achieved with electric cars. His comments arise amid strong signs of EV market expansion – followed by the worldwide response to climate change environmental concerns, deactivation of petroleum reliance, and reinforcement of exhaust gas regulation. And as part of the VW diesel emissions scandal, VW will spend $2 billion in the U.S. over the next 10 years on the Combined Charging System (CCS) and other charging infrastructure.
Porsche also expects a large demand for its first all-electric 600hp Mission E sports car scheduled to be released in 2019. “We have calculated the Mission E with a piece of the order of about 20,000,” said Porsche CEO Oliver Blume. The sports car built in Stuttgart should have a range of 310 miles (500 kilometers).
It will be up to European auto manufacturers to decide whether they will produce their own EV batteries, join in a mutual collaboration such as Gabriel has suggested, or look to an original equipment manufacturer (OEM) for their necessary battery components. Of course, the European auto manufacturers are fully aware that Tesla quietly joined the CCS consortium and, with five years of experience manufacturing and delivering EVS, is currently building its own Gigafactory.
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Tesla rolls out xAI’s Grok to vehicles across Europe
The initial rollout includes the United Kingdom, Ireland, Germany, Switzerland, Austria, Italy, France, Portugal, and Spain.
Tesla is rolling out Grok to vehicles in Europe. The feature will initially launch in nine European territories.
In a post on X, the official Tesla Europe, Middle East & Africa account confirmed that Grok is coming to Teslas in Europe. The initial rollout includes the United Kingdom, Ireland, Germany, Switzerland, Austria, Italy, France, Portugal, and Spain, and additional markets are expected to be added later.
Grok allows drivers to ask questions using real-time information and interact hands-free while driving. According to Tesla’s support documentation, Grok can also initiate navigation commands, enabling users to search for destinations, discover points of interest, and adjust routes without touching the touchscreen, as per the feature’s official webpage.
The system offers selectable personalities, ranging from “Storyteller” to “Unhinged,” and is activated either through the App Launcher or by pressing and holding the steering wheel’s microphone button.
Grok is currently available only on Model S, Model 3, Model X, Model Y, and Cybertruck vehicles equipped with an AMD infotainment processor. Vehicles must be running software version 2025.26 or later, with navigation command support requiring version 2025.44.25 or newer.
Drivers must also have Premium Connectivity or a stable Wi-Fi connection to use the feature. Tesla notes that Grok does not currently replace standard voice commands for vehicle controls such as climate or media adjustments.
The company has stated that Grok interactions are processed securely by xAI and are not linked to individual drivers or vehicles. Users do not need a Grok account or subscription to enable the feature at this time as well.
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Tesla ends Full Self-Driving purchase option in the U.S.
In January, Musk announced that Tesla would remove the ability to purchase the suite outright for $8,000. This would give the vehicle Full Self-Driving for its entire lifespan, but Tesla intended to move away from it, for several reasons, one being that a tranche in the CEO’s pay package requires 10 million active subscriptions of FSD.
Tesla has officially ended the option to purchase the Full Self-Driving suite outright, a move that was announced for the United States market in January by CEO Elon Musk.
The driver assistance suite is now exclusively available in the U.S. as a subscription, which is currently priced at $99 per month.
Tesla moved away from the outright purchase option in an effort to move more people to the subscription program, but there are concerns over its current price and the potential for it to rise.
In January, Musk announced that Tesla would remove the ability to purchase the suite outright for $8,000. This would give the vehicle Full Self-Driving for its entire lifespan, but Tesla intended to move away from it, for several reasons, one being that a tranche in the CEO’s pay package requires 10 million active subscriptions of FSD.
Although Tesla moved back the deadline in other countries, it has now taken effect in the U.S. on Sunday morning. Tesla updated its website to reflect this:
🚨 Tesla has officially moved the outright purchase option for FSD on its website pic.twitter.com/RZt1oIevB3
— TESLARATI (@Teslarati) February 15, 2026
There are still some concerns regarding its price, as $99 per month is not where many consumers are hoping to see the subscription price stay.
Musk has said that as capabilities improve, the price will go up, but it seems unlikely that 10 million drivers will want to pay an extra $100 every month for the capability, even if it is extremely useful.
Instead, many owners and fans of the company are calling for Tesla to offer a different type of pricing platform. This includes a tiered-system that would let owners pick and choose the features they would want for varying prices, or even a daily, weekly, monthly, and annual pricing option, which would incentivize longer-term purchasing.
Although Musk and other Tesla are aware of FSD’s capabilities and state is is worth much more than its current price, there could be some merit in the idea of offering a price for Supervised FSD and another price for Unsupervised FSD when it becomes available.
Elon Musk
Musk bankers looking to trim xAI debt after SpaceX merger: report
xAI has built up $18 billion in debt over the past few years, with some of this being attributed to the purchase of social media platform Twitter (now X) and the creation of the AI development company. A new financing deal would help trim some of the financial burden that is currently present ahead of the plan to take SpaceX public sometime this year.
Elon Musk’s bankers are looking to trim the debt that xAI has taken on over the past few years, following the company’s merger with SpaceX, a new report from Bloomberg says.
xAI has built up $18 billion in debt over the past few years, with some of this being attributed to the purchase of social media platform Twitter (now X) and the creation of the AI development company. Bankers are trying to create some kind of financing plan that would trim “some of the heavy interest costs” that come with the debt.
The financing deal would help trim some of the financial burden that is currently present ahead of the plan to take SpaceX public sometime this year. Musk has essentially confirmed that SpaceX would be heading toward an IPO last month.
The report indicates that Morgan Stanley is expected to take the leading role in any financing plan, citing people familiar with the matter. Morgan Stanley, along with Goldman Sachs, Bank of America, and JPMorgan Chase & Co., are all expected to be in the lineup of banks leading SpaceX’s potential IPO.
Since Musk acquired X, he has also had what Bloomberg says is a “mixed track record with debt markets.” Since purchasing X a few years ago with a $12.5 billion financing package, X pays “tens of millions in interest payments every month.”
That debt is held by Bank of America, Barclays, Mitsubishi, UFJ Financial, BNP Paribas SA, Mizuho, and Société Générale SA.
X merged with xAI last March, which brought the valuation to $45 billion, including the debt.
SpaceX announced the merger with xAI earlier this month, a major move in Musk’s plan to alleviate Earth of necessary data centers and replace them with orbital options that will be lower cost:
“In the long term, space-based AI is obviously the only way to scale. To harness even a millionth of our Sun’s energy would require over a million times more energy than our civilization currently uses! The only logical solution, therefore, is to transport these resource-intensive efforts to a location with vast power and space. I mean, space is called “space” for a reason.”
The merger has many advantages, but one of the most crucial is that it positions the now-merged companies to fund broader goals, fueled by revenue from the Starlink expansion, potential IPO, and AI-driven applications that could accelerate the development of lunar bases.
Tesla rolls out xAI’s Grok to vehicles across Europe
Tesla ends Full Self-Driving purchase option in the U.S.
