Tesla faces new crisis as it loses billions of dollars from Trump administration
Tesla is entering the most difficult period in the company's history as the Trump administration officially signed into law a new budget bill, known as the "Big Beautiful Bill". This bill eliminates a series of incentives for electric vehicles, directly threatening Tesla's core business model.
The bill would eliminate the $7,500 tax credit for electric vehicle buyers and eliminate penalties for automakers who fail to meet fuel economy standards. It would also cut incentives for solar power, charging stations, and green manufacturing. “This is a huge blow to Tesla’s bottom line,” said a former Tesla executive. “Elon finally realizes the severity of the situation, but it may be too late.”
People protest against Elon Musk outside Tesla headquarters. (Source: Verge)
CEO Elon Musk, who has publicly opposed the bill and called it “a disgrace,” has vowed to form a third political party to compete with the two major parties. However, Musk’s political moves appear to be backfiring, as his personal image has become increasingly controversial and negatively affected the Tesla brand.
Once a beacon of innovation and technology, Tesla now faces a decline in its reputation, sales, and financial prospects. Its massive investments in AI and robotics have yet to pay off, while new policies could cost the company billions in revenue from emissions credits — one of its most important financial pillars.
Startup calls for capital to develop engines right on wheels
Finnish tech startup Donut Lab has raised €25 million in a seed round to expand its production of in-wheel motors for electric vehicles on land, at sea and in the air.
The highlight of the Donut Lab is the circular hollow engine — hence the name “Donut” — which is mounted directly to the wheel rim instead of being placed under the hood or seat as is traditional. This design eliminates components such as driveshafts, gearboxes and differentials, thereby reducing weight and manufacturing costs while increasing performance.
Donut-shaped motor mounted directly on the wheel. (Source: Nextweb)
The 21-inch automotive version can produce up to 630kW of power and 4,300Nm of torque, figures usually only seen in supercars, while weighing just 40kg. Donut Lab claims this is the motor with the highest power and torque density on the electric vehicle market today.
One of the biggest challenges with in-wheel motor technology is unsprung mass—weight not supported by the suspension, which can affect ride comfort and handling. However, Donut says its lightweight design overcomes this problem.
Donut Lab is a spin-off company from Verge Motorcycles that will be launched in 2024, with the goal of expanding its hollow-cell engine technology from motorcycles to other vehicles such as cars, trucks, electric scooters, drones, and even aircraft and robots. In addition to engines, the company is developing batteries, software, and connectivity systems to become a complete solution provider for the electric vehicle industry.
Apple tweaks Liquid Glass design in iOS 26 beta 3
Apple has just released beta 3 of iOS 26, marking a notable step back in its implementation of a new design language called Liquid Glass. First introduced at WWDC 2025, Liquid Glass is Apple’s attempt to deliver an interface inspired by the optical properties of real glass — transparent, refracting light, and creating visual depth. However, feedback from the developer community suggests that the design has gone too far, affecting readability and usability.
In the first beta, Liquid Glass made areas like the Control Center so transparent that icons and widgets from the home screen could see through, which was distracting and unintuitive. Apple quickly responded by reducing the transparency in beta 2, focusing on improving the Control Center.
iPhone screen interface using IOS 26 beta 3 liquid glass (Source: iPhoneinCanada)
With the newly released beta 3, Apple continues to tweak other areas like the notification bar and the Apple Music app. The navigation bar in Apple Music is now no longer transparent but a solid white background, while notifications have a dark background behind them to increase contrast, making the content easier to read.
Not everyone is happy with the change, however. Some users say Apple is reverting to the old “frosted glass” style, losing the bold, modern feel that Liquid Glass promised. But it’s important to remember that these are still developer betas—a period where Apple actively collects feedback, fixes bugs, and refines the interface before its official release this fall.
Minh Hoan
Source: https://vtcnews.vn/cong-nghe-8-7-elon-musk-mai-me-voi-tham-vong-chinh-tri-tesla-khung-hoang-ar953212.html
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