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Mobility

Tesla's real edge is not self-driving but superior user experience

Tesla's competitiveness stands out more clearly in the user experience created by software updates and its charging network than in self-driving features, an assessment said. Tesla differentiates itself by continually improving vehicles like digital devices and reducing everyday inconveniences. Examples include over-the-air updates, in-car experience on a large display and streamlined Supercharger procedures. Features such as Dog Mode and better wiper performance can boost satisfaction by cutting repeated hassles.

Crypto

Ethereum funding rates diverge across exchanges, signalling cooling leverage demand

Ethereum funding rates have fallen to an effectively neutral level, suggesting weaker directional positioning in the derivatives market. As of June 4, the eight-hour average funding rate stood at 0.0028 percent, or about 0.0084 percent per day and roughly 3 percent annualised. Rates varied by exchange, with Bybit negative while Binance, OKX and Gate were positive, indicating no one-sided market alignment. Ethereum open interest fell 5.06 percent over 24 hours.

Mobility

Volkswagen sales chief says combustion cars are like horses and EVs are much better

Volkswagen has said the competitiveness of electric vehicles and persuading consumers matter more than Europe’s debate over combustion-engine regulations. Martin Sander, the company’s board member in charge of sales, marketing and aftersales, said consumers will ultimately accept that EVs are better than gasoline cars. He compared the shift to the transition from horses to cars, and said charging infrastructure, positive messaging and measures tied to energy prices are needed.