Momenta Hong Kong IPO Filed: Why Toyota’s Self-Driving Partner Abandoned Wall Street
Momenta, the autonomous driving startup powering self-driving systems for BMW, Mercedes-Benz, and Toyota, has filed for a Hong Kong IPO
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Momenta, the autonomous driving startup powering self-driving systems for BMW, Mercedes-Benz, and Toyota, has filed for a Hong Kong IPO
The world’s largest EV maker just posted its worst sales streak in years, and it happened during what should have been the industry’s biggest buying rush. BYD Co. delivered 480,186 vehicles in November 2025, a 5.3% decline from the same month last year, according to Bloomberg. This marks the third consecutive month of year-over-year declines…
A wrongful death lawsuit filed in federal court alleges a 2018 Tesla Model 3 “suddenly and rapidly accelerated out of control” before crashing into a utility pole and bursting into flames, killing one occupant while bystanders struggled to open the car’s electronic doors to rescue the trapped couple. The lawsuit, filed November 21 in U.S.…
Michael Burry, the legendary investor who predicted the 2008 housing crash, has publicly declared war on Tesla’s valuation. In a scathing post on his new Substack newsletter “Cassandra Unchained,” Burry called the electric vehicle maker “ridiculously overvalued” and took direct aim at what he calls the “Elon cult.” The criticism comes at a precarious moment…
Chinese premium EV maker Zeekr officially began sales in Germany on Monday, bringing three electric models priced from €37,990 ($44,065) to the doorstep of BMW, Mercedes, and Volkswagen. We’ve been tracking China’s EV invasion of Europe for years, and this launch marks a pivotal escalation: a Geely-owned brand is now competing head-to-head with German automakers…
We’ve been tracking Tesla’s talent struggles all year, and this weekend’s announcement flips the script entirely. Yilun Chen, who spent nearly four years building Apple’s robotics and autonomous systems capabilities, has joined Tesla’s Optimus AI team, calling humanoid robots “the ultimate dream of our generation.” The move, announced on X on November 30, has already…
A new Tesla Megapack battery energy storage system has gone live in Sapporo, Japan, marking another expansion of the company’s utility-scale energy business at a time when its automotive division faces mounting pressure. Manoa Energy announced today the start of commercial operations for the Helios 50MW Battery Energy Storage System in Sapporo City, Hokkaido, Japan.…
Tesla is rolling out a free 40-day trial of its Full Self-Driving (Supervised) V14 software to approximately 1.5 million HW4-equipped vehicles across North America. The trial, which began November 29, 2025, expires January 8, 2026, covering the entire holiday travel season. We’ve been tracking Tesla’s FSD push all year, and this is the company’s most…
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