Connect with us
Tesla-Computer-HW3-Autopilot-FSD-Custom-Chip-5 Tesla-Computer-HW3-Autopilot-FSD-Custom-Chip-5

News

[Updated – Corrected] Tesla China denies rumored “Tesla” venture in Jinan, China

Image used with permission for Teslarati. (Credit: Tom Cross)

Published

on

Correction: 

A spokesperson from Tesla China has issued a statement about the reported joint venture. According to the Tesla China spokesperson, the venture “has nothing to do” with the Texas-based electric vehicle maker. Data from Chinese corporate registry Qichacha also showed that the “Tesla” in the filings was listed as “Tesla Motors Limited,” which is based in the UK. 

Context:

This story was initially sourced from data posted in Qichacha (QCC), a data and analytics company focused on China-based private and public companies. It’s a go-to service for company registration info in the country. Notable Chinese broadsheets such as Beijing Daily, the official newspaper of the Beijing municipal committee of the Chinese Communist Party (CCP), reported on the topic. Sina News, another news site that covered the story, also noted that the joint venture echoed a similar company established by BYD, which is also based in Jinan. The venture was also connected to the Jinan Licheng Financial Holding Group and the Jinan Licheng District Finance Bureau, both of which are close to the state. 

Following is a tweet Teslarati posted when the legitimacy of this story was challenged.

Advertisement
-

**Original article is below.**

Tesla has plans to ramp its electric vehicle production by a notable degree in the coming years, and with the company’s constant innovations, it would need to secure a lot of resources, from battery raw materials to computer chips. 

In this light, reports have emerged suggesting that Tesla has established a semiconductor joint venture in Jinan of eastern China’s Shandong Province. The joint venture is intended to supply automotive chip and electronics solutions. Tesla partnered with Swiss automotive semiconductor company Annex for the joint venture, which boasts a registered capital of $150 million

As per a report from Chinese tech publication ijiwei, Tesla holds a 5% equity in the company for now, while Annex holds a 55% stake, and the Jinan Zurich Annex Equity Investment Fund Partnership holds a 40% stake. It should be noted that the Jinan Zurich fund acquired Annex this past June in a $5 billion deal, according to local reports. 

Tesla has a formidable partner in Annex, as the Swiss company is among the global leaders in automotive system-on-chip (SoC), microcontroller (MCU), and processor, image sensor, and power device products. This likely provides the joint venture with the necessary technical know-how and experience to develop optimal semiconductors for the electric vehicle maker and its products.

If the recent reports from China prove accurate, it would appear that Tesla is making a serious play for the semiconductor market. Just recently, for example, reports have suggested that Taiwan Semiconductor Manufacturing Company Limited (TSMC) would be Tesla’s supplier of choice for its next-generation FSD computer, which would reportedly be manufactured at 4 nm and 5 nm processes. 

Advertisement
-

Tesla’s chip order from TSMC is reportedly substantial, so much so that it would effectively make the American electric vehicle maker one of the chipmaker’s top seven customers next year. These reports present a pretty exciting picture for Tesla next year, as the Cybertruck, the first vehicle in the company’s lineup confirmed to have a next-generation computer, would also be entering production in 2023. 

Don’t hesitate to contact us with news tips. Just send a message to simon@teslarati.com to give us a heads up.

Simon is an experienced automotive reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday. For stories or tips--or even to just say a simple hello--send a message to his email, simon@teslarati.com or his handle on X, @ResidentSponge.

Advertisement
Comments

News

Tesla Semi lands the biggest electric truck deal in U.S. history

Tesla leads a record 2,500 truck order, but not every truck will be a Semi.

Published

on

By

Tesla has landed the largest electric truck order in U.S. history. ZET SCALE, a new alliance of shippers and carriers, named Tesla its primary manufacturer on Tuesday for an initial order of 2,500 electric Class 8 trucks. The deal alone would nearly double the number of electric heavy trucks operating in the country.

According to the press release from Catalyst Mobility, the nonprofit formerly known as CALSTART, Kenworth, RIDE and Volvo were also selected as secondary manufacturers that carriers can pick if their operations call for it. No split between the four brands has been published, so the exact number of Semis in the order is not yet known.

Tesla won the top slot through a competitive request for proposals. The alliance, which Catalyst Mobility runs with the Smart Freight Centre, scored bidders on price, range, charging capability and production capacity. Pooling freight demand from founding shippers, including Microsoft and PepsiCo, let every truck maker bid lower than it would for a single fleet. “The Tesla Semi is designed for lower cost per mile operations than diesel,” said Dan Priestley, director of the Tesla Semi program, as noted in the press release.

The financing is built to pull in carriers who have avoided electric trucks. ZET Financial is issuing the purchase order for all 2,500 units and will place them with fleets through a fair market value lease. The trucks will be deployed over the next few years across 10 freight hubs in Los Angeles, Stockton, Bakersfield, Seattle and Tacoma, Houston, Dallas, San Antonio, Chicago, Atlanta, and the Newark and New York area. ZET SCALE says the first order is only the opening round, with a longer term goal of 10,000 trucks or more.

Even if Tesla ends up with only a majority share, it would still be the biggest Semi deal to date. Einride’s 500 unit order in August was the previous record, and WattEV’s 370 truck order in May was the largest California deal at the time. Einride’s CEO has since said he expects all 500 trucks delivered by the end of 2027.

The announcement lands two days before Tesla formally inaugurates its Semi factory in Nevada on September 24. The 1.7 million square foot plant sits next to Gigafactory Nevada’s 4680 cell lines and is designed for 50,000 trucks a year.

Continue Reading

News

Tesla integrates Grok Bot into its vehicles for the ultimate personal assistant

Published

on

Credit: Grok

Tesla has expanded Grok from an in-car chatbot into a hands-free work assistant. On September 22, Tesla officially launched Grok Bot capability, confirming that drivers can now manage email, calendars, files, chats, and tasks by voice and then hand more ambitious errands to the AI-fueled productivity cheat code.

Grok itself is built by xAI. The new car features split into two layers: Connectors link Grok to outside accounts. Grok Bot, currently limited to SuperGrok Heavy subscribers, can complete multi-step tasks such as placing a usual coffee order, booking a reservation, or scheduling an appointment. It truly puts the driver in a nearly complete hands-free driving and productivity setting, with ironically the only task truly requiring your hands being to touch the “Start Self-Driving” button.

We were granted access to Grok Bot’s Tesla integration a few weeks back, and we’ve been able to do a handful of things with it. On a handful of occasions, we’ve used it to order food and have it ready for pickup slightly later into the evening; we’ve managed to pick up groceries after a day of errands with Grok Bot, and outside of the car, it’s helped with budgeting and even my fantasy football draft.

Tesla shows another way to utilize it: in their demo, a driver says “Hey Grok,” asks the assistant to check an inbox, and hears that a message concerns a weekend reservation. Grok then scans the calendar, reports no conflicts, and confirms the Tahoe trip is clear. It can also add check-in details to a road-trip itinerary. The point is not novelty chat. It is keeping eyes on the road, or on Full Self-Driving, while the car handles the paperwork of a trip:

This Grok rollout is not a gadget add-on as much as it is Tesla’s thesis in software form: the car should stop being a machine you operate and start being a room you occupy.

Connectors and Grok Bot treat the cabin as an office that happens to move, and that has truly been Tesla’s intention for years now. The car has slowly become an extension of a home more than a vehicle. Inbox, calendar, groceries, takeout, and reservations become voice work, not dashboard chores that you need to do before you get in your car.

Responsibility shifts from the driver to the stack, and as many Tesla owners rely on FSD for travel, Grok Bot now handles the monotony of dinner reservations or appointments.

Continue Reading

Elon Musk

X changed how everyone gets paid, and this lawsuit shows why

X sued a Bitcoin account network over fake payouts as its creator pay model shifts

Published

on

By

Elon Musk’s X has taken a Bitcoin-focused engagement ring to court, and the case doubles as a receipt for how differently the platform pays creators today. The company filed suit in the High Court of England and Wales against Vivek Kumar Sen and Zamyang Sherpa, alleging the pair ran six accounts, including @Vivek4real_, @Bitcoin_Teddy and @TrendingBitcoin, as one coordinated operation to fake the kind of engagement that used to translate directly into money.

According to the filing, first reported by Gizmodo, the accounts posted near identical “BREAKING” crypto headlines seconds apart, in one case 11 seconds, then had three more handles like, reply to and repost the material to manufacture what X called “a false appearance of genuine, human communication and interaction.” X says the scheme pulled in at least £207,384, about $278,000, and pegs its own investigation and remediation costs at another £75,000. The accounts were suspended August 18. X general counsel James Burnham announced the case on X last weekend, writing that the company “will act forcefully to protect our platform and the earnings of genuine creators.” Musk’s own reaction, posted shortly after, was three words: “Don’t mess with 𝕏.”

The timing lines up with a a recent update to how X pays its creators. The program these accounts allegedly gamed, Creator Revenue Sharing, launched in mid 2023 and paid out based on how much a post got engaged with. Originality was never part of the formula, which is exactly how the platform ended up flooded with recycled clips, copy pasted “BREAKING” posts and replies engineered purely to farm reactions from paying subscribers.

X tried patching the model more than once, including an April cut to aggregator payouts and a March regional weighting change that Musk personally paused hours after it was announced. X retired Creator Revenue Sharing for good on September 7 and opened its replacement, Original Content Rewards, the next day.

The new math is stricter. Payouts now come only from qualified impressions, meaning unique Home Timeline views from Premium subscribers where at least half the post is visible, and replies no longer count toward eligibility at all. Copied posts, reuploaded media and reposts without meaningful changes are explicitly excluded. Allegra Jacchia, senior product manager for Creators at SpaceXAI, which now runs X’s product and AI work following xAI’s acquisition of the platform, put it bluntly, saying the goal is to reward creators who bring original ideas and perspective, “not those who have become best at gaming the system.”

Read that way, the lawsuit isn’t really about six crypto accounts. It’s X putting a dollar figure on what the old incentive structure cost, then suing to collect it right as the new one goes live. For live updates on how the case and the new rewards program shake out, follow @Teslarati on X.

Continue Reading