π« Brazil Bans Musk's X; Tesla's Loyalty Surges; Clean Energy Soars
Good morning. Itβs Tuesday, September 03. Today we are covering:
Brazilian Judges Ratify Ban on X in Deepening Feud With Musk
Tesla Brand Damage? Not So Says Major Automotive Intelligence FirmΒ
Solar and Batteries Fuel 80% of New US Electricity Capacity in 2024
Silicon Valley had Harrisβs back for decades. Will she return the favor?
Japan no longer iPhone display supplier as Apple ends LCD useΒ
Letβs dive in
Brazilian Judges Ratify Ban on X in Deepening Feud With Musk
By Daniel Carvalho via Bloomberg
The Brazilian Supreme Court confirmed a decision to ban Elon Musk's social network X in Brazil, supporting an order by Justice Alexandre de Moraes.
The justices also upheld fines for individuals who attempt to access the platform using VPNs.
X has the option to appeal the decision following the virtual trial where all five judges voted in favor of the ban.
π: Alright. Let me get this straight. The Brazilian government asked Musk to ban 7 accounts. Thatβs it. Instead of banning the 7 accounts, Musk decided to lose Brazil, even though Brazil is the 3rd largest user of Twitter. Musk then exposes the actual names of the 7 accounts? What? - An American Werewolf in Brooklyn (@SadSonya4)
Tesla Brand Damage? Not So Says Major Automotive Intelligence FirmΒ
By Brooke Crothers via Forbes
Tesla leads in brand loyalty with a rate of 67.8% for the first half of 2024, according to S&P Global Mobility, despite negative media narratives.
Tesla's slight decline in loyalty (less than 1 percentage point) still positions it as the top brand, well above the industry average of 52.5%.
Increased competition in the EV market has led to Tesla losing some market share, though it remains the best-selling EV brand in the U.S. with a 50.8% market share.
π: NEWS: Tesla is the leader in brand loyalty, according to a new report from S&P Global Mobility. βTesla continues its run as the leader in brand loyalty with a rate of 67.8% for the first half of 2024. Customer loyalty has remained relatively constant." - Sawyer Merritt (@SawyerMerritt)
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Solar and Batteries Fuel 80% of New US Electricity Capacity in 2024
By Luis Prada via VICE
Solar power and batteries accounted for 80% of new U.S. electricity capacity in the first half of 2024, driven by large-scale projects in states like Texas and Nevada.
Wind power contributed 12% to new capacity, with major wind farm projects, while nuclear power also saw growth due to the expansion of Georgiaβs Vogtle nuclear plant.
The shift toward clean energy is expected to continue, with 96% of 2024's new energy capacity likely to be emission-free, reducing reliance on natural gas.
π: In the first half of 2024, 80% of new US electricity capacity came from solar & batteries. - David Roberts (@drvolts)
Silicon Valley had Harrisβs back for decades. Will she return the favor?
By Cristiano Lima-Strong via The Washington Post
Kamala Harris's close ties to Silicon Valley have raised concerns among some Democrats, who fear she may be less aggressive in regulating Big Tech if elected.
Top tech industry figures, including Google and Meta executives, continue to support Harris, hoping for a return to the more industry-friendly policies of the Obama era.
Harris's past actions, including her stance on data privacy and tech regulation, suggest she has both challenged and courted the tech industry throughout her career.
Japan no longer iPhone display supplier as Apple ends LCD useΒ
By Yuka Konishi via Nikkei Asia
Apple will transition all iPhone models, including the iPhone SE, to OLED displays by 2025, ending its use of LCD screens.
This move will exclude Japanese suppliers Japan Display (JDI) and Sharp from Apple's handset business.
The shift marks a significant change in Apple's supply chain, impacting Japan's role as a key display provider.
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