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Tesla to become a $US500 stock, says tech analyst

Tesla to become a $US500 stock, says tech analyst

MD and global head of tech research of Wedbush Securities, Dan Ives, says Elon Musk is focusing on autonomous driving and an AI future for Tesla.
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‘Words are f***': China's Aus turf war explodes
‘Words are f***': China's Aus turf war explodes

News.com.au

time2 hours ago

  • News.com.au

‘Words are f***': China's Aus turf war explodes

BYD's Australian boss has taken to social media to blast claims from rival Chinese car brand Chery that accuse BYD, MG and Geely of copying its hybrid technology – calling the suggestion F*** in a fiery LinkedIn post. The outburst comes after Carsales published an article quoting Chery Australia COO Lucas Harris, who said competing Chinese brands like BYD were '100 per cent' copying the company's so-called 'Super Hybrid' powertrain technology. Harris told Carsales this during the launch of Chery's Tiggo 7 and Tiggo 8 hybrid SUVs. The Carsales story referenced BYD's new Shark 6 ute, MG's HS Super Hybrid, and Geely's incoming Starray EM-i Super Hybrid, all of which use similar naming conventions and drivetrain logic, with varying claims about efficiency, battery backup, and petrol-electric switching. But Harris said, 'No, they're copying us … 100 per cent they are.' 'Maybe we should be flattered that some of our competitors decided to copy our technology, or the name of our technology, because their technology is not the same.' The article and Harris's comments provoked an immediate and rare response from BYD Australia General Manager Wing You, who posted a screenshot of the article with a blunt remark. 'Emmmmm, very interesting!' he wrote on LinkedIn. 'They are very lucky by internal rules, we cannot negatively comment on other brands; however, I need to say, this GENTLEMEN's words are F***!.' The LinkedIn post has since been taken down, however BYD CMO Kate Hornstein confirmed that the automaker was the first globally to introduce plug-in hybrid technology with the launch of the F3DM in 2008. 'Before the launch of the SEALION 6 plug-in hybrid SUV in mid-2024, the term 'Super Hybrid' was used in the Australian market. Anything that suggests otherwise is misleading and risks confusing consumers who deserve clear, fact-based information to support their vehicle choices,' she said. In the Carsales interview, Harris told journalist Ally Lawrence that Chery took possession of the 'Super Hybrid' name more than 12 months ago in Europe. However, trademark records confirm the name 'Super Hybrid' and 'Super Hybrid System' is active in the United Kingdom, registered to Chery Automobile Co., Ltd., but it was only lodged in April 2025, not a year prior. Chery has pending trademark applications for the term in several other jurisdictions, including Thailand, Brazil and Australia. BYD applied to trademark its DM-i hybrid system in multiple countries, including the United States, Australia and Brazil as early as December 2024 – months before Chery's UK filing and most recently in the UK in May 2025. Harris told Carsales that Chery claimed to have possession of the 'Super Hybrid' name over 12 months ago in Europe; however, Harris admitted that BYD beat it to the Aussie market with the Shark 6 dual-cab ute. It uses a system called Dual Mode Intelligent (DM-i) in the Shark 6, with the car capable of driving in EV or hybrid mode without performance loss. In comparison, Chery's version is branded CHS or SHS depending on the model, promises better driveability when unplugged, with Harris claiming rival plug-in-hybrids (PHEVs) become 'awful to drive' when battery levels dip. 'Noise goes up considerably, the power delivery and driving feeling is significantly worse; and the fuel economy is just awful,' Harris told Carsales. 'That's a big difference with our technology; you can drive it around and never, ever, ever plug it in, and you'll have no deteriorated performance at all. 'You won't suffer any negative consequences by not plugging it in.' No formal legal action has been flagged.

Inside the race to bring fleets of robotaxis to the world
Inside the race to bring fleets of robotaxis to the world

AU Financial Review

time3 hours ago

  • AU Financial Review

Inside the race to bring fleets of robotaxis to the world

On the streets of Palo Alto, Uber drivers are facing the reality of an autonomous future. 'The Waymos are everywhere now and soon we're going to be replaced,' says Erik, who started serving passengers around Silicon Valley in his red Tesla Model 3 during the COVID-19 pandemic. With self-driving vehicles on his turf, the former baker is getting ready to pivot. Because his car's driver-assist system can navigate the wide suburban streets almost entirely on its own, he intends to take out a loan to finance a small fleet of Teslas after Elon Musk promised that his customers will soon be able to send their cars out to work for them.

‘Trusted name': Iconic airline makes comeback after more than 20 years – as an AI-powered travel agency
‘Trusted name': Iconic airline makes comeback after more than 20 years – as an AI-powered travel agency

News.com.au

time4 hours ago

  • News.com.au

‘Trusted name': Iconic airline makes comeback after more than 20 years – as an AI-powered travel agency

More than 20 years after closing its doors, Ansett is back – this time, as an AI-powered travel agency. Ansett Airlines – later Ansett Australia – served as the country's second-largest since 1936 before it was placed into voluntary administration and ceased operations in 2002, resulting in a loss of 16,000 jobs. Before its closure, the airline was once a mainstay of Australian culture as one of the major sponsors of the AFL and the major sponsor for the 2000 Sydney Olympics. Last month, Melbourne entrepreneur Constatine Frantzeskos announced the airline's return as an AI-powered travel agency after 'the famous Ansett trademark had lapsed'. 'Ansett is back – reborn as Australia's first truly AI-run travel agency,' he wrote on LinkedIn. 'I registered the trademark, created a fleet of AI agents, and – thanks to a tech integration with Travlr – have now turned Ansett into a one-founder online travel agency.' The Ansett Travel website is powered by AI and designed to offer a 'personalised' experience. 'We use a combination of large language models, recommendation systems, and predictive pricing engines,' the website read. 'Our AI helps personalise your journey, surface better deals faster, and automate the back-end processes that traditional OTAs still handle manually.' According to the company's website, the travel agency operates with 500 airlines and three million hotels and aims to '(revive) a trusted name' and '(give) it a new identity'. Speaking to The Sydney Morning Herald, Mr Frantzeskos said Ansett Travel was 'building the personal travel agent of the future'. According to the website, the company is not 'trading on nostalgia'. 'The Ansett name still holds meaning – especially for Australians who remember a time when travel felt innovative, considered, personal, and premium,' the website read. 'We're not trading on nostalgia – we're reviving a trusted name and giving it a new identity: intelligent, intuitive, and value-driven.'

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