US Could Cut Canadian Auto Tariffs to 15%, Aluminum and Steel to 25% Under Proposed Trade Deal: Report
benzinga_article·- The United States and Canada are reportedly nearing a trade agreement to reduce tariffs on Canadian auto imports to 15 % and steel and aluminum to 25 %. - The proposed auto tariff rate could be reduced further based on the volume of U.S. - sourced content in vehicles, while the metal tariffs would apply up to a 4 million metric ton volume. - Negotiators face a Saturday deadline before tariffs on 20 billion dollars worth of Canadian goods take effect following a paused 50 % tariff period.Tesla Robotaxis appear to go fully unsupervised in Austin ahead of Cybercab launch
The Verge·- Tesla Robotaxis in Austin appear to have transitioned to a fully unsupervised service. - Crowdsourced data shows that 170 Robotaxi rides involving 54 different cars over the past two weeks were entirely driverless. - A sharp increase in unsupervised Tesla Robotaxis has also been observed in Dallas and Houston.CMOC Group reports 1H results
businessinsider·Tesla Q2 Beat Revenue But EPS Miss 35%: Free Cash Flow Collapses -$1.09B as Capex Doubles
TradingKey·- Tesla reported a record Q2 revenue of $28.24 billion and 480,126 vehicle deliveries, but adjusted EPS missed estimates at $0.33 due to surging expenses and operating margins compressing to 1.4%. - Free cash flow plunged to negative $1.09 billion as capital expenditures more than doubled to $5.79 billion to fund aggressive investments in AI, robotics, and the Cybercab. - Management expects full-year 2026 capital expenditures to exceed $25 billion, fueling ongoing debates over whether heavy spending will yield long-term returns or continue eroding profitability.BYD Fang Cheng Bao opens pre-orders for Formula S models
TechNode·- BYD’s Fang Cheng Bao brand opened pre-orders for its Formula S and Formula S GT sedan lineup on Aug. 20, 2026, with prices ranging from RMB 230,000 to RMB 280,000. - The vehicles made their global debut at the 2026 Chengdu Auto Show on Aug. 21, offering single- and dual-motor configurations with a top speed of 240 kilometers per hour. - The new models are officially scheduled to launch in the third quarter of 2026.BYD starts Da Han EV pre-sales at about $36,800, range tops 1,008 km
CnEVPost·- BYD has officially started pre-sales for its new flagship large sedan, the Da Han EV, at the 2026 Chengdu Auto Show with prices starting at approximately $36,850. - The all-electric lineup offers three variants featuring a CLTC range of up to 1,008 km and an acceleration from 0 to 100 km/h in 3.8 seconds for the all-wheel-drive version. - This model aims to expand BYD's presence in the premium vehicle market by joining the Da Tang SUV to form the brand's D-segment flagship lineup.Tesla (TSLA) recalls over 2 million cars in China to add driver monitoring
Electrek·- Tesla is recalling 2,740,642 domestically built Model 3 and Model Y vehicles in China produced between March 4, 2019, and December 7, 2025. - The recall aims to strengthen driver monitoring on its assisted-driving system by using the cabin camera to track the driver's eyes. - Regulators mandated the fix because current attention-monitoring mechanisms are insufficient to alert drivers when their gaze leaves the road, increasing crash risks.BYD debuts third-gen Tang SUV, launch set for Q4
CnEVPost·- BYD debuted its third-generation Tang SUV at the 2026 Chengdu Auto Show on August 21, 2026, with an official market launch planned for the fourth quarter. - The five-seat mid-to-large SUV features up to 850 km of all-electric range, flash charging capabilities from 10% to 70% in 5 minutes, and forms a dual-flagship lineup with the Da Tang to revitalize falling sales. - The model is equipped with BYD's second-generation Blade Battery, DiSus-A intelligent air suspension, and the God's Eye B driver-assistance system featuring 1 LiDAR.Tesla confirms Semi electric truck is coming to Europe, reveal at IAA
Electrek·- Tesla confirmed that its Semi electric truck is coming to Europe with specifications and launch details to be revealed at the IAA Transportation show in Hannover, Germany. - The company will display a Semi at the event running from September 15 to 20 while currently withholding specific European range figures, pricing, and on-sale dates. - This announcement marks the clearest signal yet of Tesla establishing an actual commercial market plan for the European region.Marshall Financial Group LLC Boosts Holdings in Tesla, Inc. $TSLA
Market Beat·- Marshall Financial Group LLC increased its holdings in Tesla, Inc. by 65.0% in the 2nd quarter, purchasing an additional 1,494 shares. - Major institutional investors and hedge funds, including Norges Bank and Vanguard Group Inc., modified their stakes in Tesla during recent periods. - Tesla reported quarterly revenue of $28.24 billion alongside various strategic developments such as upcoming product launches and commercial truck deployments.