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Tesla unveils longest supercharging route in China

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Tesla data will be stored in China

Tesla has unveiled what it claims is the longest supercharging route in China.

Stretching 5,000 kilometers, spanning China from east to west, Tesla has unveiled what it claims is the longest supercharging route in the world. The route is studded with 27 electric-car charging stations along the way.

The electric car company released a promotional video about the ultra-long route, which also pays homage to China’s majestic landscape.

The charging route covers nine cities, starting from the eastern coastal hub of Zhoushan and stretching to the western city of Horgos bordering Kazakhstan.

It loosely follows the same path as the legendary Silk Road, a network of trade routes that for centuries was at the forefront of economic, political, cultural, and religious interactions.

With this new charging route, Tesla drivers will be able to travel to tourist attractions without the fear of their car running out of power.

Destinations on the route include the Kumtag Desert, the Turfan volcano and Sayram Lake, famous scenic destinations in Xinjiang.

China is the world’s biggest electric car market and is critical to Tesla

Elon Musk’s Tesla company has a factory in Shanghai and sells thousands of cars in the nation every month.

The recent unveiling will now see one charging station every 100 kilometers to 300 kilometers along the Silk Road.

EV drivers will have the ability to charge their cars in 15 minutes so that they can run for up to 250 kilometers – but that’s dependant on weather conditions.

Charging facilities are vital to the promotion of electric cars.

As the world embraces new EV technology, ‘range anxiety is one of the main reasons why people don’t want to make the switch away from gasoline vehicles.

The California-based company has already set up around 840 charging stations within China and more than 65,000 supercharging poles covering over 310 cities.

Anthony Lucas is reporter, presenter and social media producer with ticker News. Anthony holds a Bachelor of Professional Communication, with a major in Journalism from RMIT University as well as a Diploma of Arts and Entertainment journalism from Collarts. He’s previously worked for 9 News, ONE FM Radio and Southern Cross Austerio’s Hit Radio Network. 

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Big tech stocks tumble amid market uncertainty

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Big tech companies are struggling in the markets this quarter as interest rates rise to battle inflation

Russia’s invasion of Ukraine has devalued tech stocks causing further supply chain disruptions and sending the broad S&P 500 index down about 5 per cent.

Rising interest rates triggered more severe plummets with the S&P dropping another 16 per cent and the Nasdaq Composite index by 22 per cent.

Tesla’s stock took a huge hit sinking to nearly 38 per cent its largest decline since 2010.

Amazon saw similar results falling by 35 per cent the most in over 20 years.

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Google to pay millions to app developers

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App developers are accusing Google of tempting users into making in-app purchases.

The lawsuit relates to money that was made by app creators for Android smartphones.

The lawsuit was filed in a San Francisco court, where the 48,000 app developers are believed to have been affected.

“Following our win against Apple for similar conduct, we think this pair of settlements sends a strong message to big tech: the law is watching, and even the most powerful companies in the world are accountable when they stifle competition.”

Steve Berman, ATTORNEY FOR the Android developers.

Google says the settlement’s funds will support developers who have made less than USD $2 million in revenue between 2016 and 2021.

“A vast majority of U.S. developers who earned revenue through Google Play will be eligible to receive money from this fund, if they choose,” the company says.

Google says it will charge developers a 15 per cent commission on their first million in revenue.

The court is yet to approve the proposed settlement.

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Tesla deliveries expected to fall – here’s why

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Tesla deliveries are expected to drop significantly in the second quarter, as prolonged Covid lockdowns in China and supply chain issues take their toll

The company is also struggling to ramp up its new factories, with Tesla boss Elon Musk seemingly distracted by his very public pursuit of Twitter.

Tesla has been plagued by production glitches in China and slow output growth at new factories in both Texas and Berlin.

Experts predict deliveries will slump to just over 295,000 vehicles for the second quarter.

This would be down from the company’s record of 310,000 in the preceding quarter, marking Tesla’s first quarter-on-quarter decline since 2020.

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