Ex-Stellantis CEO says Tesla could exit the car industry and may not exist in 10 years: ‘Tesla’s stock market value loss will be colossal’

The U.S. regulator's investigation into Tesla's 'Mad Max' mode highlights increasing concerns over the safety of the company's driver-assistance technology. This scrutiny is significant as it reflects broader federal oversight aimed at ensuring that advanced automotive technologies do not compromise driver safety, which is crucial for public trust and the future of autonomous vehicles.

The US transportation safety regulator is investigating Tesla's new 'Mad Max' driver assistance mode, which reportedly allows vehicles to exceed speed limits. This inquiry comes after drivers shared their experiences on social media, raising concerns about safety and compliance with traffic laws. The investigation is significant as it highlights ongoing scrutiny of Tesla's autonomous driving features and their implications for road safety.

Freedom Capital Markets has upgraded Tesla's stock rating to 'Hold', highlighting the company's potential in new segments. This upgrade is significant as it reflects growing confidence in Tesla's ability to innovate and expand its market presence, which could lead to increased investor interest and stability in the stock.

Tesla's new 'Mad Max' mode, designed for high-speed driving, has caught the attention of the National Highway Traffic Safety Administration (NHTSA) due to safety concerns. This mode allows drivers to push their vehicles to extreme speeds, raising alarms about potential risks on public roads. The NHTSA's scrutiny highlights the ongoing debate over the balance between innovation and safety in the automotive industry, making it crucial for Tesla to address these concerns to maintain consumer trust and regulatory compliance.

Elon Musk is pushing for shareholders to approve his pay package, which is crucial for him to maintain control over Tesla as the company advances its development of humanoid robots. This initiative is significant as it highlights Musk's vision for integrating robotics into everyday life, potentially revolutionizing industries and enhancing productivity.

The introduction of 'Vibecoding' is a game-changer in app development, making it easier for individuals with minimal coding experience to create applications. By leveraging artificial intelligence as a collaborative tool, it opens doors for creativity and innovation, allowing more people to participate in the tech space. This shift not only democratizes coding but also highlights the potential of AI to enhance human capabilities, making technology more accessible and inclusive.

The introduction of 'Vibecoding' is revolutionizing the way people approach app development by making coding more accessible through artificial intelligence. This innovation allows individuals with minimal training to collaborate with AI, simplifying the coding process and opening up new opportunities for creativity and innovation. While there are some trade-offs to consider, the potential for democratizing technology and empowering more people to create apps is significant.

Canada has imposed a cap on the number of US-made vehicles that Stellantis and GM can import without tariffs, a move that could strain relations with these major automakers. This decision is significant as it may impact the availability of certain vehicle models in the Canadian market and could lead to increased prices for consumers. The cap reflects ongoing tensions in trade negotiations and highlights the complexities of cross-border automotive manufacturing.

German companies are facing challenges with new Chinese regulations on rare earths, leading them to share sensitive supply chain information with Beijing. This situation is concerning as it could give China leverage over European manufacturers, potentially impacting production lines in Germany, which is the largest economy in Europe. The implications of this could affect not just the companies involved but also the broader economic landscape in Europe.

During his recent trip to Asia, Trump is focusing on securing a significant deal with China's President Xi Jinping. This meeting is crucial as it could pave the way for improved trade relations and address ongoing economic tensions between the two nations. A successful agreement would not only benefit the U.S. economy but also enhance diplomatic ties in the region, making this trip a pivotal moment in international relations.

Bank Tabungan Negara has reported a significant 11% increase in its net income for the first nine months of the year, reaching 2.30 trillion rupiah compared to 2.08 trillion rupiah in the same period last year. This growth is a positive indicator of the bank's financial health and reflects its effective strategies in navigating the economic landscape, which is crucial for investors and stakeholders.

Toyota is reportedly considering the import of US-made vehicles to Japan, a move that could strengthen its global supply chain and enhance its market presence. This decision reflects the company's commitment to adapting to changing consumer demands and could lead to increased sales and brand loyalty in Japan, where domestic production has traditionally dominated. Such a shift not only highlights Toyota's innovative approach but also signals a potential shift in the automotive landscape.

China is anticipated to implement more supportive fiscal and monetary policies, according to an adviser from the People's Bank of China (PBOC). This shift is significant as it aims to bolster the economy amidst ongoing challenges, potentially leading to increased investment and consumer confidence. Such measures could help stabilize growth and improve the overall economic outlook for the country.

The highly anticipated prequel series 'IT: Welcome to Derry,' based on Stephen King's iconic horror universe, is set to premiere this weekend. Starring Bill Skarsgård, who reprises his role as Pennywise, this series promises to delve deeper into the chilling origins of Derry, Maine. Fans of the franchise are eager to see how the story unfolds, making it a significant event in the horror genre.