Today on Critical Materials: Tesla has more layoffs, FSD gets tentative approval in China, and feds mandate emergency braking tech by 2029.
It seems like only yesterday that automakers across the U.S. began to flock to Tesla's North American Charging Standard for their cars. Since Tesla has the largest concentration of Level 3 chargers in the U.S. , opening up its once-exclusive network was an obvious move to make. Now, in a surprise play, CEO Elon Musk is reportedly letting go of the entire team behind one of its biggest selling points: the Supercharging network.
's scope earlier this year for exactly that reason, and Tesla isn't free from phantom braking events either. If the rule's goal is to be successful, the technology must also be reliable—and it has about the length of a new car loan to get up to par. The rule will take effect in September 2029 after a spike of traffic-related deaths following the Covid-19 lockdowns.
believes that the ruling will save as many as 360 lives every year and prevent more than 24,000 injuries. 100%: What is Tesla's Competitive Edge Now? With stagnating models and investors calling for more, Tesla is losing its technological gap to legacy automakers and even Chinese automakers building cars for the very first time.
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