One: Tesla, Toyota, Hyundai, and Kia

When I was a kid everybody got really into yo-yos for a whole year. I never got one and worried life itself was leaving me behind. In actuality, it was one of many trends that happened and then vanished.

Most news is written sensationally, so each trend seems like the beginning of the whole future. But really, more things will fade than persist.

So, let's read and stay informed, but never give ourselves over to the voice that says we may get left behind if we don't have the right yo-yo.

Ya feel me?

-Chris

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Tesla Taxi Delayed

Tesla has postponed the reveal of its robotaxi from August to October to allow more time for prototype development. Elon Musk envisions a future with fully autonomous, purpose-built robotaxis, potentially named "Cybercab." However, Tesla's autonomous technology remains unproven, and it is facing significant regulatory and legal challenges.

Competitors like Waymo and Cruise are ahead with operational autonomous vehicles. Following the announcement of the delay, Tesla shares dropped 8%, ending an 11-day rally. Previous promises by Musk about full autonomy and robotaxis have not materialized, and Tesla's existing systems require driver supervision.

Toyota: Corolla Hybrid, Updated GR86, and The Olympics

Corolla Hybrid: Toyota announced the Toyota Corolla Hybrid, praised for its efficiency and affordability, features a 1.8-liter inline-four hybrid engine, a straightforward interior, and excellent fuel economy. Will it live up to its namesake? Time will tell.

2025 GR86: They also announced the updated 2025 GR86, which includes enhanced shock absorbers, power steering, and throttle control, along with a new Hakone Special Edition featuring unique aesthetics and performance upgrades. Affordable sports car? The morning commute will never be the same.

Mirai Controversy: Scientists have criticized the use of Toyota's hydrogen-powered Mirai in the Paris Olympics, urging a switch to battery electric vehicles due to the environmental impact of hydrogen derived from fossil fuels.
 

Hyundai Investors / KiaBoyz

Hyundai: Despite demands and protests, Hyundai has ruled out special share allocations for Indian workers in its upcoming $3B IPO. The company plans discussions to address concerns but has not provided details on timing or participants.

Kia: Kia surpassed Hyundai in U.S. electric vehicle sales in Q2 2024, driven by the new EV9. Kia sold over 29,000 EVs in the first half of 2024 and now holds 5.4% of the U.S. EV market, compared to Hyundai's 5.1%.

Additionally, KIABOYZ in Cleveland are using devices to intercept key fob signals, making it easier to steal cars, particularly affecting Kia and older car models. They upgraded their stealing tech faster than Kia upgraded it’s anti-stealing tech…