Buffett’s 2025 Letter: A Lifetime of Reliance on Stocks without Special Talents
February 23, 2025 – Berkshire Hathaway, the company owned byWarren Buffett, released its annual letter to shareholders yesterday evening. In the letter, Buffett revealed that Berkshire’s performance in 2024 exceeded expectations, with operating earnings reaching $47.4 billion and a stock market return of 25.5%, surpassing the S&P 500’s gain of 25%. Over the long term,…
Elon Musk-Backed Flying Car Demonstrates Vertical Takeoff and Landing Capabilities
February 23, 2025 – Alef Aeronautics, an American electric flying car company, has recently accomplished flight tests of its Model A prototype in a city setting. According to the company’s official website, the Model A, priced at $300,000, has already garnered 3,300 orders, with the first batch set for delivery by the end of the…
Tesla CEO Elon Musk Responds to Rumors: Our Factories Are Products in Themselves
February 23, 2025 – Recent rumors have indicated a possibility of Tesla investing in Nissan. According to a report by Fortune magazine, some influential figures in Japan have prepared a proposal for Tesla, suggesting an investment in Nissan, specifically focusing on acquiring Nissan’s plant in the United States. Responding to these rumors, Elon Musk, the…
Tesla, BYD, Stellantis, and Volkswagen Face Italian Investigation for Potentially Deceptive EV Marketing
February 23, 2025 – The Italian Competition Authority (Autorità Garante della Concorrenza e del Mercato, AGCM for short) has recently launched investigations into four automobile manufacturers: Tesla, BYD, Stellantis, and Volkswagen, accusing them of suspected unfair business practices. According to the AGCM, these four carmakers are charged with providing misleading information to consumers regarding the…
Uber CEO Addresses Tesla’s Autonomous Taxi Plans: Musk Unwilling to Collaborate, But Hope Remains
February 23, 2025 – Dara Khosrowshahi, CEO of global ride-sharing giant Uber, has revealed that Tesla’s Elon Musk is unwilling to integrate the electric carmaker’s planned autonomous taxi service into shared mobility platforms. This suggests that Uber could potentially become a competitor to Tesla in the future. During an interview with Bloomberg on Friday, Khosrowshahi…
Stellantis Takes on Autonomous Driving with ‘Hands-Free, Eyes-Free’ AutoDrive L3+
February 21, 2025 – Stellantis, the automotive giant with a footprint spanning both Europe and America, has announced the launch of its first “hands-free, eyes-free” partial autonomous driving feature, dubbed STLA AutoDrive. This innovation promises to offer a reprieve to drivers yearning to “reclaim valuable time” amidst congested traffic. However, Stellantis has refrained from immediately…
Mercedes-Benz Pushes Boundaries with Solid-State Battery, Targeting 1,000km Range
February 21, 2025 – Mercedes-Benz is currently conducting road tests for its solid-state battery technology, which is expected to achieve a range exceeding 600 miles (approximately 965.61 kilometers). The automaker has partnered with U.S.-based Factorial Energy to advance this novel battery technology, promising improvements in range, charging speed, and overall efficiency. Last summer, Factorial delivered…
Apple’s Official Website Mistakenly Labels iPhone 16e as iPad 16e
February 21, 2025 – Apple’s official website experienced another embarrassing incident today. According to user submissions, Apple mistakenly labeled its new iPhone 16e as iPad 16e in the Apple Smart Introduction section of its Norwegian website, while the domestic website did not encounter this issue. Reviewing past reports, a similar incident occurred last November when…
OpenAI Hits 400 Million Weekly Active Users, Exec Credits ‘Word-of-Mouth’ for Growth
February 21, 2025 – According to a recent report by CNBC, OpenAI has reached a new milestone with 400 million weekly active users, marking a significant 33% increase from 300 million users in December last year. This previously undisclosed data highlights the rapid growth of the company’s user base. In an interview, Brad Lightcap, the…
Mercedes-Benz Moves Towards Unified Aesthetic, Bridging Gas and Electric Lines
February 21, 2025 – Mercedes-Benz is set to follow in the footsteps of BMW, unifying the design language of its internal combustion engine and electric vehicles. As reported by Motor 1 today, all Mercedes models will embrace a “unified design language” without any compromises: “Electric vehicles and electrified models will leverage their respective strengths while…