GM Writes Down $1.6B on EVs Amid Slower Demand

The Kremlin proposed an $8B Bering Strait tunnel linking Russia to the U.S., asking Elon Musk’s Boring Company to build it and suggesting it be named after Putin and Trump.https://wilwaldon.com

>> FREE $5 at ACORNSElon Musk's $56 billion Tesla compensation package is under review by the Delaware Supreme Court after being voided earlier this year. The case questions whether Tesla's board acted independently or simply followed Musk’s lead. This episode breaks down what’s at stake for Musk, Tesla, and future CEO pay structures across corporate America.

GM will take a $1.6 billion charge on its EV business after scaling back production plans and delaying launches, reflecting lower-than-expected consumer demand and rising costs.https://wilwaldon.com

With Cybertruck sales falling, Tesla is sending unsold units to Elon Musk’s other companies to absorb excess inventory and avoid deeper production cuts.

SpaceX targets an 8 a.m. ET window to fly Starship with booster and ship splashdowns for data on reentry, guidance, and engine control. The mission advances reliability for Artemis lunar work, national security payloads, and Starlink scale-up.

Zeekr’s new 001 FR can add 310 miles of range in just over 11 minutes using CATL’s Qilin battery and an 800-volt system. The production model delivers 1,265 horsepower, charges faster than any Tesla or Porsche, and marks a major leap for real-world EV performance.

A covered vehicle at Tesla’s Palo Alto HQ appears to match the shape of the upcoming robotaxi, signaling that the company has begun building Cybercab hardware

Elon Musk has agreed to pay $128 million to four former Twitter executives he fired after acquiring the company, ending a legal battle over unpaid severance.

Tesla’s new “affordable” Model Y and Model 3 trim prices but not enough to change the market—they buy the company time, not transformation.

Tesla’s six-second teaser has sparked debate over whether the company will finally unveil the long-delayed Roadster or debut its long-promised affordable EV. The reveal could reset Tesla’s trajectory heading into 2025.