Business
Tesla teases October 7 announcement with cryptic social media videos
7 Mwezi wa kumi, 2025 Picha iliyoundwa na AI
Tesla posted two teaser videos on X over the weekend, hinting at a major reveal on October 7, 2025. The clips feature a spinning wheel displaying the company's logo and accelerating, followed by a dark image of vehicle headlights, sparking widespread speculation about a lower-cost Model Y. Shares of the electric automaker rose more than 4% in trading on October 6 amid the buzz.
Peloton introduces AI coaching and raises equipment prices
2 Mwezi wa kumi, 2025 Imeripotiwa na AI
Peloton has revamped its fitness equipment lineup with new AI-powered features and significant price hikes. The company announced Peloton IQ, which offers personalized coaching, alongside updates to its Bike+ and Tread models. These changes aim to enhance user experience but come amid rising costs for consumers.
Senior xAI and Tesla staff depart amid burnout and politics
A wave of resignations among senior employees at Elon Musk's xAI and Tesla has been linked to burnout and unease over the CEO's political views. Reports highlight how the demanding work culture and public stances are driving talent away. This exodus comes at a critical time for both companies' AI and electric vehicle ambitions.
Western brands use data and culture to target Chinese consumers
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Tesla unveils cheaper standard versions of Model 3 and Model Y
8 Mwezi wa kumi, 2025 Picha iliyoundwa na AI
Tesla announced more affordable standard variants of its Model 3 sedan and Model Y SUV on October 7, 2025, aiming to counter the recent expiration of a federal EV tax credit. The new models start at $36,990 for the Model 3 and $39,990 for the Model Y, but feature reduced specifications compared to premium versions. Availability begins in November for the Model Y and December for the Model 3.
Nelly wins court case against Shein
4 Mwezi wa kumi, 2025 Imeripotiwa na AI
The Swedish fashion retailer Nelly has won its lawsuit against the Chinese fast-fashion giant Shein for copyright infringement. Stockholm District Court orders Shein to pay 1.5 million SEK in damages. The ruling highlights the importance of protecting designs in the fashion industry.
$5.1 million deal brings Tesla service center to North Little Rock
A $5.1 million deal is set to establish a Tesla service center in North Little Rock, Arkansas. Construction signs have appeared at the former Reuber Automotive site, signaling progress on the project. This development is viewed as positive for Tesla's expansion in the region.
AMD and Intel discuss potential chip production partnership
Advanced Micro Devices (AMD) is reportedly exploring a collaboration with Intel to utilize the latter's manufacturing facilities for chip production. This unusual alliance comes as Intel seeks to bolster its foundry business amid financial losses. The discussions remain preliminary, with no firm commitments announced.