Hello everyone, welcome to the Tesla Daily News, today is August 11, 2025, here are the latest news updates.
According to Businessam.be, the Australian government is making significant moves to enhance lithium production, investing 50 million Australian dollars into the Kathleen Valley project. This investment is expected to accelerate domestic lithium production, which is crucial for electric vehicle batteries.
In another exciting development, XPeng, a Chinese electric vehicle manufacturer, has experienced remarkable success with its new P7 sedan, receiving 10,000 pre-orders in just six minutes and thirty-seven seconds. This rapid demand indicates a strong market interest in electric vehicles, as reported by Businessam.be.
Additionally, Tesla has decided to pivot from its Dojo supercomputer project and is now forming strategic partnerships with tech giants Nvidia, Samsung, and AMD to enhance its AI capabilities, as detailed by wwwhatsnew.com. This shift reflects Tesla's adaptability in the competitive tech landscape.
In the realm of stock market updates, analysts from Wedbush have reiterated their "Outperform" rating for Tesla, suggesting considerable upside potential for the stock, according to Yahoo Finance.
Finally, the U.S. Air Force plans to purchase two Tesla Cybertrucks for use as targets in missile testing exercises at the White Sands Missile Range in New Mexico, highlighting the vehicle's unique capabilities as reported by Interia.pl.
That's all for today’s news brief! Thank you for tuning in, and we'll catch you next time on the Tesla Daily News.