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Rani Molla

Tesla’s European sales rise for the first time in more than a year but still lag BYD

New Tesla registrations jumped 12% in February from a year earlier to 17,664 units across the European Union, the United Kingdom, and the European Free Trade Association, according to new data from the European Automobile Manufacturers’ Association. China’s BYD once again beat out the American EV maker, posting 17,954 registrations in February, up 162% from a year earlier. BYD and Tesla each represented 1.8% of the European new car market last month.

The February data is a notable shift for Tesla, which saw its first monthly jump in the region since December 2024. Tesla has struggled in Europe since CEO Elon Musks ascension to the Trump administration and his forays into European politics in support of far-right parties. Tesla also posted gains in China in February, which is a much larger market for the carmaker.

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Report: Google DeepMind builds “strike team” to catch up to Anthropic models

Anthropic’s recent momentum, powered by the success of its popular Claude Code tool, is turning up the heat among its AI competitors — not only for its AI startup peer OpenAI, but also with established Big Tech giants like Google.

The Information reports that within Google DeepMind, a “strike team” has been assembled to make a serious push to improve Gemini’s coding capabilities. According to the report, leaders within Google, including cofounder Sergey Brin, are sounding the alarm after determining that Anthropic’s Claude has superior coding skills. The new team’s goal is to create a AI system that can improve itself.

“To win the final sprint, we must urgently bridge the gap in agentic execution and turn our models into primary developers,” Brin wrote in a recent memo to DeepMind staff.

The Information reports that within Google DeepMind, a “strike team” has been assembled to make a serious push to improve Gemini’s coding capabilities. According to the report, leaders within Google, including cofounder Sergey Brin, are sounding the alarm after determining that Anthropic’s Claude has superior coding skills. The new team’s goal is to create a AI system that can improve itself.

“To win the final sprint, we must urgently bridge the gap in agentic execution and turn our models into primary developers,” Brin wrote in a recent memo to DeepMind staff.

$0

Tesla’s federal tax bill last year was once again $0, Reuters reports. While past losses and green energy credits helped shrink the bill, Reuters found that Tesla also leaned on a classic corporate maneuver: offshore profit-shifting. By routing intellectual property rights through paper-only subsidiaries in the Netherlands and Singapore, Tesla effectively parked $18 billion in profits overseas between 2023 and early 2025. The entirely legal setup saved Tesla an estimated $400 million in US taxes. Not bad for a company whose CEO is not a fan of “shady” tax loopholes.

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