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Rani Molla

Rival EV makers like Lucid and Polestar are trying to court disgruntled Tesla owners

Competing electric vehicle makers are trying to capitalize on the public’s sinking approval of Tesla and CEO Elon Musk to steal his customers.

“You have a choice,” reads a recent Lucid ad that specifically offers Tesla owners “looking to elevate their driving experience” a $4,000 trade-in discount on the purchase or lease of a 2025 Lucid Air. Polestar, meanwhile, is offering Tesla owners $5 off the lease of a new Polestar 3.

Lucid Tesla ad
A recent Lucid ad on Instagram

Tesla’s stock has dropped nearly 40% this year and the EV company is struggling to grow sales thanks to numerous headwinds, including increased competition, decreased demand, and annoyance at its CEO’s forays into the government.

Considering that Telsa prices are falling faster than regular EVs, these might be the deals Tesla owners need.

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Amazon expands low-price Haul section to 14 new markets as Amazon Bazaar app

Amazon is expanding its low-cost Amazon Haul experience to a new stand-alone app called Amazon Bazaar.

Amazon launched its Temu and Shein competitor a year ago as a US mobile storefront on its website and has since expanded to about a dozen markets. Consumers could purchase many items for under $10, as long as they were willing to stomach longer delivery times.

Now, thanks to success in those places, the programming is expanding to 14 new markets — Hong Kong, the Philippines, Taiwan, Kuwait, Qatar, Bahrain, Oman, Peru, Ecuador, Argentina, Costa Rica, the Dominican Republic, Jamaica, and Nigeria — with a new app and name: Amazon Bazaar.

“Both Amazon Haul and Amazon Bazaar deliver the same ultra low-price shopping experience, with different names chosen to better resonate with local language preferences and cultures,” the company said in a press release.

Now, thanks to success in those places, the programming is expanding to 14 new markets — Hong Kong, the Philippines, Taiwan, Kuwait, Qatar, Bahrain, Oman, Peru, Ecuador, Argentina, Costa Rica, the Dominican Republic, Jamaica, and Nigeria — with a new app and name: Amazon Bazaar.

“Both Amazon Haul and Amazon Bazaar deliver the same ultra low-price shopping experience, with different names chosen to better resonate with local language preferences and cultures,” the company said in a press release.

map of big tech undersea cables

Big Tech’s most important infrastructure is at the bottom of the sea

While data centers on land are getting all the attention, Big Tech’s vast network of undersea fiber-optic cables carry 99% of all international network traffic.

1M

After watching small drones reshape the battlefield in Ukraine, the US Army has announced plans to buy 1 million drones over the next two to three years, according to a report from Reuters.

The military threat of China’s dominance of the quadcopter-style drone industry is also driving the decision. But China’s control over much of the supply chain for drones, including rare earth magnets, sensors, and microcontrollers, will make it much harder for American drone manufacturers to catch up.

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