News
Tesla owner who claimed “brake failure” ordered to issue formal apology in 10 days
A former Model 3 The case of a former Tesla Model 3 owner from China who claimed that his vehicle experienced “brake failure” and unintended acceleration has been ordered by a court to issue a formal apology to the company in 10 days. According to the court, the Model 3 owner was entirely responsible for the incident, establishing it as a case of driver error.
In 2020, the Tesla owner’s Model 3 was captured on camera accelerating and crashing into a parking lot. The driver was seriously injured during the incident. After the crash, the former Model 3 owner claimed his car experienced “brake failure” and “unintended acceleration.” Following a complete investigation by the Wenzhou Auto Engineering Society, it was concluded that the Tesla owner had actually pressed on the accelerator when the incident happened. The brakes were never engaged.
BREAKING: latest developments on the Wenzhou Tesla "brake failure" incident in 2020, which attracted BACK THEN much MAFIA MEDIA attention.
The Court has established that the owner "HAD FULL RESPONSIBILITY & MUST APOLIGIZE TO $TSLA IN 10 DAYS" on same social platform. pic.twitter.com/HimbgujRwe
— 𝒰𝓂𝒷𝒾𝓈𝒶𝓂 (@Umbisam) October 11, 2021
Despite the results of the Wenzhou Auto Engineering Society’s investigation, the driver continued to blame Tesla for causing the accident. The former Model 3 owner reportedly spread several baseless claims about the incident. At one point, he shared the accident investigation report online, asking users for help analyze the results. These actions ultimately resulted in Tesla China filing a suit against the Model 3 owner for defamation.
https://twitter.com/finance_degen/status/1295937540822904834?s=20
According to a court filing last month, Tesla China won its case against the Model 3 owner. In a ruling dated September 20, 2021, the court ordered the Tesla owner to pay a fine of RMB 50,000 ($7,700) for damages. The court also ordered the vehicle owner to apologize to Tesla within 10 days for at least 90 days on social media. The apology must be submitted to the court for approval before it is posted on social media.
The court document also revealed that the Model 3 owner actually admitted to the authorities that he mistakenly pressed the accelerator pedal instead of the vehicle’s brakes. The driver’s admission was confirmed by the Wenzhou Auto Engineering Society’s investigation. As it turned out, the Tesla owner only changed his narrative to “brake failure” and “unintended acceleration” claims later on.
Tesla China was involved in several reports of “brake failure” and “unintended acceleration” claims earlier this year. This has caused some issues with the company’s image among conventional car buyers. However, the narrative changed when Tesla China adopted a more assertive legal strategy. So far, Tesla China has secured several apologies and legal wins from owners who claimed that their cars featured “brake failure” defects, later proven false.
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Investor's Corner
Tesla (TSLA) Q4 and FY 2025 earnings results
Tesla’s Q4 and FY 2025 earnings come on the heels of a quarter where the company produced over 434,000 vehicles, delivered over 418,000 vehicles, and deployed 14.2 GWh of energy storage products.
Tesla (NASDAQ:TSLA) has released its Q4 and FY 2025 earnings results in an update letter. The document was posted on the electric vehicle maker’s official Investor Relations website after markets closed today, January 28, 2025.
Tesla’s Q4 and FY 2025 earnings come on the heels of a quarter where the company produced over 434,000 vehicles, delivered over 418,000 vehicles, and deployed 14.2 GWh of energy storage products.
For the Full Year 2025, Tesla produced 1,654,667 and delivered 1,636,129 vehicles. The company also deployed a total of 46.7 GWh worth of energy storage products.
Tesla’s Q4 and FY 2025 results
As could be seen in Tesla’s Q4 and FY 2025 Update Letter, the company posted GAAP EPS of $0.24 and non-GAAP EPS of $0.50 per share in the fourth quarter. Tesla also posted total revenues of $24.901 billion. GAAP net income is also listed at $840 million in Q4.
Analyst consensus for Q4 has Tesla earnings per share falling 38% to $0.45 with revenue declining 4% to $24.74 billion, as per estimates from FactSet. In comparison, the consensus compiled by Tesla last week forecasted $0.44 per share on sales totaling $24.49 billion.
For FY 2025, Tesla posted GAAP EPS of $1.08 and non-GAAP EPS of $1.66 per share. Tesla also posted total revenues of $94.827 billion, which include $69.526 billion from automotive and $12.771 billion from the battery storage business. GAAP net income is also listed at $3.794 billion in FY 2025.
Below is Tesla’s Q4 and FY 2025 update letter.
TSLA-Q4-2025-Update by Simon Alvarez
Tesla has rolled out a new Supercharging safety feature in the United States, one that will answer concerns that some owners may have if they need to leave in a pinch.
It is also a suitable alternative for non-Tesla chargers, like third-party options that feature J1772 or CCS to NACS adapters.
The feature has been available in Europe for some time, but it is now rolling out to Model 3 and Model Y owners in the U.S.
With Software Update 2026.2.3, Tesla is launching the Unlatching Charge Cable function, which will now utilize the left rear door handle to release the charging cable from the port. The release notes state:
“Charging can now be stopped and the charge cable released by pulling and holding the rear left door handle for three seconds, provided the vehicle is unlocked, and a recognized key is nearby. This is especially useful when the charge cable doesn’t have an unlatch button. You can still release the cable using the vehicle touchscreen or the Tesla app.”
The feature was first spotted by Not a Tesla App.
This is an especially nice feature for those who commonly charge at third-party locations that utilize plugs that are not NACS, which is the Tesla standard.
For example, after plugging into a J1772 charger, you will still be required to unlock the port through the touchscreen, which is a minor inconvenience, but an inconvenience nonetheless.
Additionally, it could be viewed as a safety feature, especially if you’re in need of unlocking the charger from your car in a pinch. Simply holding open the handle on the rear driver’s door will now unhatch the port from the car, allowing you to pull it out and place it back in its housing.
This feature is currently only available on the Model 3 and Model Y, so Model S, Model X, and Cybertruck owners will have to wait for a different solution to this particular feature.
News
LG Energy Solution pursuing battery deal for Tesla Optimus, other humanoid robots: report
Optimus is expected to be one of Tesla’s most ambitious projects, with Elon Musk estimating that the humanoid robot could be the company’s most important product.
A recent report has suggested that LG Energy Solution is in discussions to supply batteries for Tesla’s Optimus humanoid robot.
Optimus is expected to be one of Tesla’s most ambitious projects, with Elon Musk estimating that the humanoid robot could be the company’s most important product.
Humanoid robot battery deals
LG Energy Solution shares jumped more than 11% on the 28th after a report from the Korea Economic Daily claimed that the company is pursuing battery supply and joint development agreements with several humanoid robot makers. These reportedly include Tesla, which is developing Optimus, as well as multiple Chinese robotics companies.
China is already home to several leading battery manufacturers, such as CATL and BYD, making the robot makers’ reported interest in LG Energy Solution quite interesting. Market participants interpreted the reported outreach as a signal that performance requirements for humanoid robots may favor battery chemistries developed by companies like LG.
LF Energy Solution vs rivals
According to the report, energy density is believed to be the primary reason humanoid robot developers are evaluating LG Energy Solution’s batteries. Unlike electric vehicles, humanoid robots have significantly less space available for battery packs while requiring substantial power to operate dozens of joint motors and onboard artificial intelligence processors.
LG Energy Solution’s ternary lithium batteries offer higher energy density compared with rivals’ lithium iron phosphate (LFP) batteries, which are widely used by Chinese EV manufacturers. That advantage could prove critical for humanoid robots, where runtime, weight, and compact packaging are key design constraints.
Tesla (TSLA) Q4 and FY 2025 earnings results
Tesla rolls out new Supercharging safety feature in the U.S.
