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Mobility

Why Socar brought in Tesla: Seed for subscription business

Socar is rapidly expanding its subscription business by offering Tesla Model X and Model S vehicles equipped with supervised Full Self-Driving (FSD). The two models drew about 2,000 pre-bookings within 10 days despite prices of 1.49 million won a week and 3.99 million won a month. The service targets demand in the 1 to 3-week gap between short-term car sharing and monthly long-term rentals, using an auto-renewal structure and positioning FSD vehicles as a top-of-funnel offering.

Mobility

Tesla to start Optimus production in July-August after converting Model S, X line

Tesla will convert the existing Model S and Model X production line at its Fremont plant and start producing the humanoid robot Optimus as early as late July, or by August at the latest. It plans to build the last Model S and Model X in early May and then dismantle the line before installing Optimus-specific equipment. Elon Musk said early production will be slow and this year’s pace is effectively unpredictable.

Mobility

Tesla completes design of AI5 chip as U.S. presses automakers on war preparedness

The United States is stepping up a wartime response posture, adding pressure on the auto industry. The Pentagon has contacted top executives at major automakers such as GM and Ford to sound out slowing some EV output and expanding weapons and military supplies production. Separately, Ford’s CEO warned about Chinese EVs and the company reshuffled its organisation. Volkswagen accelerated battery work, while Tesla completed its AI5 chip design and updated its FSD app amid complaints over HW3 limits.