#EV software issues

[smartcartechhub]

While smart cars revolutionize driving with AI and connectivity, they face major challenges—hacking risks, expensive repairs, software glitches, and battery limitations. Are they worth it?...

[saltofmercury]

If you're still open to requests, König surprising reader for her/their birthday belatedly because he was on a mission? Maybe he felt sad he couldn't be with the reader on the actuao date so he tries to make it up by sneaking around the day after he comes back!

Breathing in his body wash, two huge arms cradled and roamed your body. Wet lips had devoured yours, as small moans escaped him.

Adjusting himself on the couch, pulling the cozy blanket above your waist, he continued to kiss every inch of your face and neck, as his hands tried to remember the curves of your body.

Making out on the couch before he left was one of the easier goodbyes. He had been killing himself mentally due to the fact that this particular mission could not wait…. And this mission landed on your birthday.

The problem with König in relationships was that he often offered too little towards his partners. He was barely there, he wasn’t present when he was there.

An arrangement had been made before you two had established your relationship— at least it did in his head. He would make you a priority, take this relationship and work on it...meaning he wouldn’t miss any special events.

Until he met you, he pushed aside his issues with commitment and decided to fully commit.

He had been very fortunate to only miss one Christmas, but had been so disappointed in himself the entire trip home because you had opened your gift —that was not wrapped —but still in the shipping box it came in.

Now he was missing your birthday. Of all holidays, he wished it were another Christmas or would even take New Year’s Eve, but not the day you were born.

He pulls away from the kiss for a second, to realize your shirt has been pulled up, as his sweatpants pulled down.

“… I want to take my time.” He says calmly, taking a mental picture of how crazed you look. It’s the look he loves, just before you give into him, submissively letting him have his way with you.

He pauses, feeling so guilty. You would be alone on your birthday.

He looks down, playing with the hem of your shirt.

“Hey I never got to say I’m sorry in advance, for missing your —“

“Oh my god, please don’t apologize.” You interrupt him before he could finish.

You’ve been preparing for when something like this would happen. You could see how guilty he felt when he had received a call and how quiet he got the next two days.

You figured he would be leaving again— he got the same way around Christmas over two years ago.

“Don’t worry about it honestly. I’ve got some things planned, we can always celebrate after.”

He buries himself into your neck, mumbling apologies—

“It’s just not fair”

“I’m going to make it up I promise”

“This is the last thing I wanted”

He can feel himself getting red, embarrassed that of all the jobs he could have, he was good at his. Why couldn’t he be an accountant? Or a software developer?

Why was he good at this?

“Come on…” you egg him on, scratching his back with your nails.

“I need you before you go..” you whisper softly into his ear.

Within seconds, the hardness in his pants has nudged you, bringing the darkness back into his eyes.

*

In the middle of interrogating some man, all he could think about was slitting his throat, dumping the body for the other team, and calling his mission successful. The man needed to be brought in dead or alive anyway.

He was frustrated, ready to beat the shit out of him, then realizing that he had already completed this mission anyway.

He had scheduled a birthday email two days ago to be sent to you. He had also made other arrangements to be sent to you.

Catch the man, write the report, and head home.

However the son of a bitch was making things difficult. It took everything in him to not beat the crap out of him, stalling what could be days closer to being with you.

Tapping out mentally, he had called Horangi over.

*

On the other side of the world, you had slept in. You woke up to a delivery of 3 dozen roses. He was clearly feeling so bad.

You made your morning coffee, indulged in a strawberry tart, read König’s email, and went to a free yoga class.

You came home, showered, went to your massage you booked, did some shopping, then called one of your best friends to have dinner with you.

Everything seemed fine.

Until you got home, you felt the loneliness creeping in. You had managed to distract yourself but it wasn’t the same.

He wasn’t there to wake you up with balloons he had blown up all over the room. Have him sprint from the room to the kitchen with the tart and a candle on it.

He wasn’t there to eagerly take your pajamas off and ask to taste you.

He wasn’t there to hide the piece of jewelry behind his back and then surprise you with it.

You missed his presence, the way he dressed up before taking you to a fancy restaurant and having you try new things.

It was sad. It felt awful.

But you knew this would happen one day. There was no time for a pity party. You tucked your emotions back in, showered, and got ready for bed.

You ended on a good note. He would be home soon anyway.

*

König rushed to the base to pack his things. He caught the easiest flight back, then began to plan out what he could do to make it up to you.

It had been 3 days, but the guilt had really been eating him alive. He pulled out his phone and saw that his flowers had been delivered.

Would dinner be nice? Would taking you on a trip be nice? His mind jumped from different ideas.

The day he arrived, he had arrived around 1am. You heard the gravel crunch outside. Heavy footsteps had pounded down the hallway towards the room.

You had woken up, filled with anxiety. By the time you sat up in bed, he had walked through the door.

“… hi” he whispered against your skin. He had climbed into bed with his uniform. He began to nestle himself into your neck, kissing your collarbone.

You inhaled him, he smelled of gasoline and tobacco.

“Come…” he pulled you out of bed.

You stared up at him, he grabbed your robe and you guided it onto your body.

He pulled you back towards his car. He had left it running outside.

He had already grabbed one of your blankets off the couch, settled you into the car, then pulled the blanket over you.

“Where are we —“ you began, but was cut off with him holding a finger to lips.

“What are you—“ he proceeded to do it again.

By the time you had reached the destination, the sun had peeked a little, he had given the keys to a valet.

He escorted you up the hotel, to a room at the top of the building.

“Ok weirdo, are you going to say anything?”

Turning towards you, he smiled softly. The ink around his eyes had creased, black ink in his waterline.

"I didn't like missing out, so I wanted to make we can celebrate together." He scans the key, opening the door.

The room is covered with decorations, a small breakfast tray set up near the window, showing the sun rise.

There's emotions settling inside of you, you feel like you could tear up.

He holds you, apologizing.

"I didn't mean to make you cry."

You had wiped your tears, laughing.

"I'm just happy you're home."

He cradled your face with his hand, pulling you into a deep kiss.

"I'm happy to be back with you."

[worldofwardcraft]

Tough times for Teslas.

March 24, 2025

Tesla, purported business "genius" Elon Musk's electric car company — a major source of his wealth, by the way — is undergoing a global meltdown. In the US, its January sales were down about 11%, according to data from the S&P Global analytics group. Worldwide it's even worse. In Germany, EV sales are up 30% over last year, but Tesla sales are down more than 70%! And according to Reuters, Tesla recorded a 50% drop in sales in Portugal and 45% in France between January and February. Sweden, Norway and Australia also report similar numbers.

Meanwhile, the company's stock price has plunged nearly 50% since its mid-December peak — with four top officers at the company selling off over $100 million in shares since early February. Musk himself has lost nearly $200 billion.

Much of the company's woes are due, of course, to Musk's personal unpopularity as Donald Trump's hatchet man in the ongoing destruction of the federal government. Which is causing enraged Americans to protest at Tesla dealerships and vandalize the cars themselves. But a contributing factor may be that Teslas are simply not very good cars.

For a start, they have a reputation for catching fire, often following a crash but also occasionally while just charging. Other drawbacks include suspension issues, battery degradation, door handle malfunctions, defective paint and faulty heat pumps. Plus, its self-driving Autopilot software has caused 736 crashes and 17 deaths since 2019. In fact, a study on data from 2018 to 2022 found Tesla had the highest fatal accident rate of any automaker.

But the company's recently introduced, ugly stainless steel-paneled (and rust-prone) Cybertruck is even more problematic. Since coming out last year, it has seen eight separate recalls to fix not just software but actual build problems, including an accelerator pedal that sticks, failing windshield wipers and plastic trim flying off.

Last month, a report found that, in just one year, the Cybertruck had a higher rate of fatal fire incidents than the infamous Ford Pinto. And only last week Tesla announced it was recalling all Cybertrucks manufactured to date (46,000 of them) because a panel could come unglued, which could be potentially dangerous if it happens while the vehicle is being driven.

Given their exorbitant price ($80,000 for the Cybertruck), poor design, hefty maintenance costs, low reliability and high insurance rates, it's not surprising sales of Teslas are cratering and used car lots are overflowing with discarded ones. So hurry on down to Honest Don's White House Tesla Sales, and you might get yourself a pretty sweet deal.

[daemonmatthias]

My computer just gave up like days before we were traveling for the holidays. It had been limping along, bluescreening at random and being super slow. my husband had tried multiple times to figure out what was wrong to no avail so we dropped $500 we didn’t really have to get me a new motherboard/cpu/ram.

First problem discovered: the new chips have a different cooler attachment. Another $30 and a trip to Best Buy…

Second problem: the RAM is massively failing all the mem tests. Mem tests take forever to run and my husband had to run like 5 of them (using different slots/one stick at a time) and we are also trying to pack and I’m interviewing for a long term sub position.

Third Problem, discovered during the mem tests: this $30 cooler is absolutely not cutting it. Ordered a new one from Amazon but also we are now leaving for holidays so put entire situation on pause.

While traveling, husband does more research— he decides the ram is bad and we need to return it but between new ram and a better cooler we should be good finally. We return almost 24 hours later than planned due to the Christmas Eve travel disaster.

The next day, we go return the ram and get much better ones because they were $100 off on sale putting these ones at like $20 more than the old ones for much faster and reliable ram. We install the new ram but the computer bluescreens during the mem tests, most likely due to overheating.

We must wait another day for the new cooler to arrive and return the cheap cooler while we wait. it arrives, he installs it, and runs the mem tests again… Everything is clear!! I should be good!!

Just kidding. The computer runs the mem tests fine and such but if I try to actually do anything on it, it bluescreens again. It wouldn’t even download the software to control the rgb in the ram without bluescreening even though nothing else was running.

I don’t even know what he’s doing now. He’s frustrated because he’s spent the entire holiday messing with my computer or traveling and not had any time to play his own games or whatever. He just came out while I was typing this to grab his book which he took back into the office with him. Also I’m anxious because I have paperwork stuff to handle online for this transfer into the long term sub position and the HR software stuff doesn’t work on mobile devices (and I wasn’t issued a district laptop bc I’m only a sub). :/

[snek-of-eden]

grips you with my filthy little hands.

you. you tell me ur favorite scones hcs rn. (pls)

you’re my new favourite person actually.

after rough nights in the medbay, Bones goes down to engineering and sits on the floor listening to the hum of the warp core while Scotty works

they’ve both done drag before, and if given the chance will burst out into song at any moment dramatically

Bones convinced Scotty to take apart one of the food replicators and reprogram the software with Italian and Scottish dish codes, and every few weeks they sit down together and eat risotto or haggis or pasta or stew with red wine

Scotty is the big spoon and they cuddle a lot, or just sit there with each other to not be alone on the first five year mission

Bones is sex-neutral asexual and has some difficulty processing romantic feelings from his youth, something Scotty helps him deal with

they’re both bi as fuck

scotty has a dirty mind

on the five year mission Bones was getting burned out and struggling to pull himself together to talk with Johanna after long shifts so Scotty would sit with Jo on video call and talk to her about engineering and toys to give Bones some time

Johanna loves Scotty and started calling him ‘Da’ by the fourth year, when she was ten

Bones and Scotty have DEFINITELY sat drunk on new year’s eve crying and singing O Flower Of Scotland together out of tune

Scotty helps Bones with his weight issues and vulnerability

they get a sausage dog when they retire

Bones has a habit of bringing Scotty back flowers from away missions

they don’t kiss a lot, but when they do it’s very sweet

the crew didn’t know until the fifth year, but they were all invited to the wedding

Scotty gives the Best Fucking Hugs and Bones secretly loves it despite his many complaints

they brew alcoholic beverages in their shared bathroom <3

i could go on for days

[wolfofstocks]

Fisker Bankruptcy 2024: What Happened to FSR Stock?

electric vehicle investments, Fisker bankruptcy, Fisker Inc. news, Fisker Ocean SUV, Fisker stock analysis, Fisker stock future, Fisker stock performance, FSR stock history

Fisker Inc. (FSR) once promised to revolutionize electric vehicles. Now, after bankruptcy and delisting, its stock serves as a cautionary tale for investors.

Fisker Stock: A Rapid Rise and Fall

Fisker Inc. (NYSE: FSR) entered the public market in 2020 through a SPAC merger, boasting a vision to deliver stylish, affordable electric vehicles. At its peak in February 2021, the stock soared to $28.50. However, by March 2024, it plummeted to just $0.08965, marking a staggering 99.7% decline.

What Went Wrong?

1. Production and Delivery Issues

Fisker faced significant challenges in scaling production.In 2023, it built over 10,000 Ocean SUVs but delivered less than half, leading to inventory pile-ups and cash flow problems.

2. Financial Struggles

The company reported a net loss of over $463 million in 2023.Despite raising funds through various means, including a SPAC merger, it couldn’t sustain operations. 3. Regulatory and Safety Concerns The Ocean SUV faced multiple recalls and investigations due to software glitches and safety issues, which hurt the brand’s image. 4. Management Decisions Leadership decisions, including aggressive expansion plans and a lack of focus on core operations, contributed to the company’s downfall.

Bankruptcy and Delisting

In June 2024, Fisker filed for Chapter 11 bankruptcy protection, listing liabilities between $100 million to $500 million.The NYSE delisted its shares in April 2024.The company’s assets are currently being liquidated, and its intellectual property is being distributed to creditors. Future Outlook

While Fisker’s stock is no longer trading on major exchanges, some analysts speculate on the potential for asset sales or acquisitions.However, given the company’s financial and operational challenges, any recovery seems unlikely in the near term. Conclusion Fisker’s journey from a promising EV startup to bankruptcy serves as a cautionary tale for investors.While the electric vehicle market holds potential, it’s crucial to assess a company’s fundamentals, leadership, and execution capabilities before investing.

Disclaimer

This article is for informational purposes only and does not constitute financial advice. Investing in stocks involves risks, and past performance is not indicative of future results. Always conduct your own research or consult with a financial advisor before making investment decisions.

[bennnharris]

What Is EV Charging Management Software?

Let’s get one thing out of the way EV charging isn’t just about plugging into a socket and walking away. Behind that simple user experience is a whole ecosystem that needs to run like a well-oiled (or should we say, well-charged) machine. That’s where EV charging management software steps in.

Think of it as the backend control room that powers everything from session tracking to billing, charger health, and even the queue at your nearest public station. Whether you’re managing a single station or hundreds across locations, this software is what keeps operations clean, trackable, and profitable.

Let’s break this down properly and make sense of what matters especially if you’re planning to get into the EV game with some business sense, not just shiny dashboards.

What is EV Charging Management Software, Really?

In simple words, EV Charging Management Software (CMS) is a centralized system that lets charging station owners, operators, and businesses manage, monitor, and monetize their EV charging infrastructure.

It does everything from:

Authorizing users and vehicles

Monitoring energy usage

Managing peak loads

Automating billing and invoicing

Handling remote diagnostics

And integrating with apps, wallets, and CRM tools

Without it, you'd be managing your EV chargers with spreadsheets, phone calls, and prayers.

Who Needs It?

If you're a fleet operator, public charging station owner, commercial building manager, or even a residential society exploring EV readiness this software isn't a luxury. It's survival gear.

And yes, government projects, retail malls, parking lots, and logistics parks are all getting in on it.

You want uptime, transparency, and ROI? You need a CMS that plays nice with your hardware and grows as your needs change.

What Problems Does It Solve?

Here’s where we skip the fluff and talk about real issues.

1. Energy Load Management

Uncontrolled EV charging can blow up your utility bill or trip the local transformer. CMS helps you control how much energy flows where and when without causing grid panic.

2. Charger Downtime

No operator wants to get that “your charger isn’t working” call at 2 AM. A solid CMS alerts you before users complain. Remote diagnostics and health checks are baked in.

3. User Authentication & Payments

Want to let only subscribed users charge? Want to integrate UPI, cards, or in-app wallets? A proper CMS does all that without you writing a single line of code.

4. Revenue Leakage

Imagine running a business where you're not sure who paid, how much power was delivered, or how many sessions failed. A CMS gives you transaction-level visibility. No guessing games.

5. Scalability

Planning to go from 5 chargers to 50? From 1 location to 12 cities? Your CMS better be ready before your Excel sheet dies of stress.

Must-Have Features (Beyond Just “Dashboard Looks Cool”)

A good EV CMS isn't just eye candy. Here's what you should be checking for:

OCPP Compliance: Plays well with most hardware brands

Dynamic Load Balancing: Keeps your power use smart and optimized

Real-time Monitoring: Know what’s happening where, second by second

Custom Pricing Models: Per minute, per kWh, time-of-day rates you control the game

Fleet & Group Management: Especially if you're running EV fleets or shared chargers

User Access Control: Set roles, permissions, and access levels

White-label Option: Your brand, your logo, your rules

So, Who’s Doing It Right?

There are plenty of software platforms out there that’ll promise the moon until you actually plug them in. But a few players are doing it with serious focus on customization, clean architecture, and real customer support.

Stellen Infotech: Quietly Building the Backbone for EV Ops

While most are busy chasing investor buzzwords, Stellen Infotech is quietly building robust, scalable, and adaptable EV charging software solutions for businesses that actually need to function in the real world.

They’re not just slapping a UI on top of code and calling it a platform. Their stack includes features like:

Custom-built integrations for fleets

White-labeled dashboards

Load optimization modules

Billing and invoicing flexibility

API support for third-party logistics, CRMs, or payment apps

The vibe? Practical tech that doesn’t crash when you scale or cry when you run 100 sessions a day. You’ll notice they’re not trying to be the flashiest just the most dependable in the room. And that’s honestly what most businesses want when dealing with critical infrastructure.

Can’t I Just Build This Myself?

Sure, if you’re sitting on a dev team with grid logic, payment gateway knowledge, OCPP expertise, and UI chops. Otherwise, you’ll spend 18 months burning money, and still end up with something half-baked.

EV management is not just a software challenge it’s a compliance, connectivity, and customer experience challenge. You’re better off working with a team that already figured that out.

What About Hardware Compatibility?

The good ones like Stellen’s platform are built to support OCPP 1.6 and 2.0, meaning they work with a wide range of chargers. You’re not locked into one brand or vendor, which is great because EV hardware isn’t cheap and upgrading just for software issues is bad business.

Final Thoughts: Where This Is Headed

EV charging isn't a novelty anymore. With mandates, subsidies, and rising fuel prices, we’re going to see charging stations pop up like ATMs did in the 2000s. But here’s the thing the ones who’ll stay profitable aren’t the ones who bought the fanciest chargers. It’s the ones who run them smartly.

That’s where EV charging management software earns its keep.

Whether you’re just setting up or scaling across cities, having a solid CMS isn’t optional it’s your operational backbone. Platforms like what Stellen Infotech offers are making this easier for businesses that don’t want to get stuck figuring out load curves and session reports at 11 PM.

And honestly? That’s the kind of tech backbone more EV businesses need not another flashy dashboard with no substance.

[dailymichifer]

Monsterverse AU (no angels)

Phoenix!Michael: the last of his species and the only monster that can destroy Eve (canon). Mommy issues galore. Probably killed all the other phoenixes in an attempt to show Eve how good of a son he is. Wants to free her from Purgatory. He's part of one of the oldest species of monsters on Earth, but it doesn't necessarily make him wise. He's almost immortal and can turn into a giant flaming bird (and a pile of susuwatari/sentient soot, if he gets "killed")

Siren!Lucifer: like canon Sirens, he doesn't need to feed off humans. Some sadist Sirens mess with humans recreationally, because they get an intense rush of pleasure when a human becomes entirely devoted to them and commits crimes for them, which is easy thanks to their venom... But Lucifer is tired of games and artificial love. He wants to inspire true passion in someone. The intensity of Michael's devotion for Eve makes him deeply envious...

Kitsune!Raphael. When they're not napping all curled up in their adorable fox form (often on Michael's shoulders, wrapped around his neck like a scarf), they're hunting for human brains. Or at least, they used to. Now, they work at the local morgue and can easily get a fresh supply of pituitary glands. Like any fox, they're basically cat software running on dog hardware (also. fluffye). They don't have nine tails, as they only get an additional one every 100 years. It is said that kitsune who reach 1000 years of age will become tenkos (天狐, 'heavenly/celestial fox'), but as far as they know, no kitsune has ever survived that long...

Shapeshifter!Gabriel. Master trickster, always running from his problems by taking on a new identity (but when he bites off more than he can chew and angers the big leagues, changing skin isn't enough to be safe...)

And they're roommates à la apartmentverse 🥰

[thessalian]

Thess vs The Guilts

I am not allowed to feel guilty. I am not. Nope. NOPE.

I mean, the office is doing better. We;re down to about 300 in the queue instead of 400. Part of this is that yeah, people have been trying to get as much done as possible before the holidays. The other part is what worries me, though. Because the other part is that the transcription software seems to have been eating reports. Like, we have some reports that have just ... vanished. Not in the main queue, not in anyone's personal queue, not in the archives, nowhere. Just ... poof, gone.

That, I need to remind myself, is not my fucking problem.

Temp and Other Part-Timer finally got in touch. Yeah, they're not going to be in for at least the rest of this week. Probably won't be around next week either, since I think Temp at least has next week off for the Christmas holidays. I think Goblin has those days too. I had those days last year, so all I can really hope for is that things slow down next week and the week after so that I can do some catch-up in regular working hours instead of doing the overtime. But I do have the terror that the next couple of days will involve a lot of last-minute filling of the queue, especially when whatever's wrong with the transcription software gets fixed. I fear what the queue will look like when I return on Christmas Eve Day.

And again, I need to remind myself that this? Is not my fucking problem right now.

I have the rest of the week off. I need the rest of the week off. I am completely wrecked. Just about all of my fibromyalgia symptoms are in a state of constant flare-up. That is my problem right now. I am a mess, and I need to recuperate.

Scruffman knows, too. He never came close to asking if I might reschedule my days off, even before I told him there was no way I could do that for health reasons. I mean, maybe that was wrapped in "anything you can do to help would be much appreciated", but it is respectful of my limitations. If I were as respectful of my limitations as some of the people in my orbit, I'd probably hurt less. But then again, I still have to live, so...

Point is that I got a fair bit done today. I did get left the Monstrosities but after multiple Monstrosities this morning and even more yesterday (a couple of which were urgents), I decided ... fuck it, they're all prioritising the short shit? I shall do the same. I did some Monstrosities, and a fair few Annoyances, but especially when the clock turned to Overtime Time, I was all about the short shit. Which was good because one of the juniors didn't mark an urgent case as urgent and when you're looking for a primary on a background of significantly metastatic cancer? IT IS URGENT.

And now I am not going to think about it. Or at least I'm going to try. I don't do well with putting aside issues with the job. Not because I am a workaholic exactly; just that I understand how important my job is to people, and no one else I work with does. But for right now? It is not my fucking problem. I am going to do my best to set the guilts aside and put on my own oxygen mask before I sort out the mess in the rest of the department.

[intensifyresearch]

Stock market strategy – Ather Energy share price lists 2% higher at ₹328 on NSE

Ather Energy IPO listing: On the NSE, Ather Energy share price on listing was ₹328, a premium of 2.18%. Meanwhile, on the BSE, the stock debuted at 1.57% premium. The listing was lower than what the grey market signalled, as ahead of the stock market debut, Ather Energy IPO GMP today was ₹14.

Ather Energy IPO listing: Ather Energy, the first mainboard initial public offering of the financial year 2025-26 (FY26), witnessed a lukewarm debut in the Indian stock market on Tuesday, May 6, as it listed at just a 2% premium over its issue price of ₹321.

On the NSE, Ather Energy share price on listing was ₹328, a premium of 2.18%. Meanwhile, on the BSE, Ather Energy shares debuted at ₹326.05, up 1.57%.

The listing was lower than what the grey market signalled, as ahead of the stock market debut, Ather Energy IPO GMP today was ₹14. This indicates that in the grey market, Ather Energy shares were trading at ₹335 apiece, a premium of 4.36%.

Ather Energy shares, meanwhile, reversed listing gains and traded in the red around 10.20 am. On the NSE, Ather Energy share price was down 1.33% from its listing price at ₹323.65, while on the BSE, the stock dipped 0.8% to ₹323.45. 

Ather Energy IPO Details

Ather Energy IPO, which was open for subscription from April 28 to April 30, witnessed a modest demand for its issue. The IPO of the electric vehicle (EV) manufacturer was subscribed 1.50 times at the end of the three-day bidding period, amid strong buying demand from retail investors and qualified institutional buyers. Meanwhile, the non-institutional investor portion wasn’t fully booked.

The QIB portion was subscribed 1.76 times, the NII portion 0.69 times and the retail investor portion 1.89 times. The employee portion was booked 5.43 times as of April 30.

The company raised ₹2,981.06 crore at the upper end of the price band of ₹321 apiece. The IPO was a mix of fresh share sale of ₹2,626.30 crore and an offer for sale by promoters and other selling shareholders of ₹354.76 crore.

Ather Energy plans to use the funds raised from the IPO’s fresh issue for various purposes like capex for the establishment of an E2W factory in Maharashtra, repayment of certain corporate borrowings availed by the company, investment in R&D and for marketing initiatives or other general corporate purposes.

About Ather Energy

Ather Energy is a pure-play EV company that sells E2Ws and the associated product ecosystem, comprised of its software, charging infrastructure and smart accessories.

The company was founded in 2013 by Tarun Sanjay Mehta and Swapnil Babanlal Jain.  It has a market share of 11.5% as of the financial year 2024 (FY24) and is the third-largest player by volume.

However, despite being a prominent brand in the EV two-wheeler market, the company has consistently incurred losses since its inception.

Ather, in its RHP, said that it has incurred losses since its incorporation and had stagnant revenue growth in FY24. “There is no assurance that we will be cost-effective in our operations or achieve profitability in the future,” according to the company’s RHP.

In FY24, Ather’s loss before taxes amounted to ₹1059.7 crore, significantly higher than ₹864.5 crore in FY23 and ₹344.1 crore in FY22. It also had stagnant revenue growth in FY24 as it posted a revenue of ₹1753.8 crore compared with ₹1780.9 crore in FY23.

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[onsitehyd]

Aisen Led Tv Service Centre Near Mehdipatnam, Hyderabad

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In today's fast-paced world, television has become an integral part of our lives. It serves as a source of entertainment, information, and connectivity. Among the myriad of television brands available in the market, Aisen Tv Service Centre Near Mehdipatnam, Hyderabad out as a trusted name known for its LED TVs. However, like any electronic device, Aisen LED TV Service Centre Near Mehdipatnam, Hyderabad may encounter technical issues and require maintenance and repair. To address this need, the Onsite Aisen LED TV Service Center in Mehdipatnam has emerged as a dependable destination for customers seeking top-notch service for their television sets. This essay delves into the various aspects of the Onsite Aisen LED TV Service Center Near Mehdipatnam, Hyderabad providing a comprehensive review that covers its services, customer satisfaction, technicians' expertise, pricing, and overall customer experience.

Aisen LED TV Service Centre Near Mehdipatnam, Hyderabad

Services Offered The primary function of the Onsite Aisen LED TV Service Center Near Mehdipatnam, Hyderabad is to provide repair and maintenance services for Aisen LED TVs. These services include but are not limited to: Diagnosis and Troubleshooting: When a customer brings in a malfunctioning Aisen LED TV Service Centre Near Mehdipatnam, Hyderabad, the first step is to diagnose the issue. Trained technicians at the service center employ advanced diagnostic tools to identify the problem accurately. Repairs and Replacements: Once the issue is identified, the center offers repair solutions, which may involve replacing faulty components, circuit boards, or even the screen. The technicians are well-versed in handling a wide range of issues, from minor glitches to major component failures. Software Updates and Calibration: Aisen LED TV Service Centre Near Mehdipatnam, Hyderabad often require software updates to enhance performance and fix bugs. The service center provides this service efficiently. Additionally, they offer calibration services to optimize picture and audio quality. Warranty Services: If the TV is under warranty, the center ensures that all repairs and replacements are covered, saving the customer from any additional expenses. Onsite Repairs: One of the standout features of the service center is its onsite repair service. Customers can request technicians to visit their homes or premises to fix the TV, eliminating the hassle of transporting a large television set.

Repair of all types of faults, including screen problems, power issues, and remote control problems.

Replacement of parts, if necessary.

Calibration of your TV's picture settings.

Aisen Led TV Service Centre Near Mehdipatnam, Hyderabad

The success of any service center can be gauged by the level of customer satisfaction it achieves. In the case of the Onsite Aisen LED TV Service Center Near Mehdipatnam, Hyderabad customer satisfaction is a high priority. Several factors contribute to their success in this regard: Timely Service: One of the most significant factors that contribute to customer satisfaction is the service center's commitment to providing timely service. Customers do not have to wait for an extended period to have their TVs repaired. Quality Repairs: The center's technicians are highly skilled and trained to provide quality repairs. They use genuine Aisen LED TV Customer Care Phone Number, ensuring that the TV functions optimally after repair. Transparency: The service center maintains transparency in all its dealings with customers. They provide detailed explanations of the issues, repair processes, and associated costs. This transparency builds trust among customers. Customer Feedback: The center actively seeks feedback from customers after each service. They use this feedback to improve their services continuously. This customer-centric approach ensures that they stay in tune with customer expectations. Professionalism: Customers often praise the professionalism exhibited by the service center's staff. From the receptionist to the technicians, everyone conducts themselves in a courteous and professional manner.

Aisen Led Service Near Mehdipatnam, Hyderabad

The success of any service center depends heavily on the expertise of its technicians. The Onsite Aisen LED TV Service Center Near Mehdipatnam boasts a team of highly skilled and certified technicians who have undergone rigorous training in dealing with Aisen LED TVs. Technical Training: The technicians at the center are well-versed in the intricacies of Aisen LED TV Service Centre Near Mehdipatnam, Hyderabad s. They receive regular training to stay updated with the latest technological advancements in television technology. Certifications: Many of the technicians hold industry-recognized certifications in electronics and television repair. These certifications are a testament to their knowledge and expertise. Diagnostic Skills: The ability to accurately diagnose problems is a hallmark of the center's technicians. Their keen diagnostic skills ensure that the root cause of an issue is addressed, rather than just treating the symptoms. Efficiency: Technicians at the service center are known for their efficiency. They can often complete repairs in a shorter time frame compared to other service centers without compromising on quality. Adaptability: Aisen LED TV Service Centre Near Mehdipatnam, Hyderabad come in various models and sizes, each with its unique features. The technicians are adaptable and can handle repairs for all Aisen TV models, ensuring that no customer is turned away.

Aisen Led Repair Near Mehdipatnam

Pricing is a crucial consideration for customers seeking TV repair services. The Onsite Aisen LED TV Service Center Near Mehdipatnam, Hyderabad offers competitive pricing that aligns with the quality of service provided. Their pricing structure is transparent and straightforward, with no hidden fees. Affordability: The service center offers competitive rates for diagnosis, repairs, and maintenance. Customers appreciate the affordability of their services, especially when compared to the high costs of purchasing a new TV. No Surprise Costs: One of the key advantages is that there are no surprise costs. Customers are informed upfront about the expected expenses, and the center sticks to these estimates. Value for Money: Given the quality of service and the expertise of the technicians, customers feel that the pricing is reasonable and provides excellent value for money.

Benefits of getting your Aisen LED TV repaired at an on-site service center Near Mehdipatnam There are many benefits to getting your aisen LED TV repaired at an on-site service center. These include:

Convenience: You do not have to take your TV to a service center. The technician will come to your home or office to repair your TV.

Speed: The technician can usually repair your TV in a single visit.

Peace of mind: You can be confident that your TV is being repaired by a qualified technician using genuine parts.

Out Warranty: on-site service centers offer a out warranty on their repairs

On-site Aisen LED TV Repair Centre Near Mehdipatnam, Hyderabad

The Aisen Led TV Service Center Near Mehdipatnam is strategically located to ensure easy accessibility for customers. Situated in a prime location, it can be easily reached by customers from Mehdipatnam and surrounding areas. The center's convenient location is the first step in ensuring customer satisfaction. Services Offered The core services offered by the Aisen Led TV Service Center in Mehdipatnam include: Diagnosis and troubleshooting of technical issues. Repairs and replacement of faulty components. Software updates and firmware upgrades.

One of the critical factors contributing to the success of the Mehdipatnam service center is its team of highly skilled and certified technicians. These experts are well-versed in aisen's LED TV technology and are equipped with the latest tools and equipment for diagnostics and repairs. Their expertise ensures that customers receive efficient and reliable service. Customer satisfaction is paramount in any business, and the service industry is no exception. A satisfied customer not only becomes a loyal advocate but also contributes to the growth and reputation of a brand. In the case of the Aisen Led TV Service Center Near Mehdipatnam, Hyderabad customer satisfaction is the ultimate goal.

Several factors contribute to customer satisfaction at the Aisen Led TV Service Center Near Mehdipatnam

Quick Turnaround Time: Customers appreciate a swift resolution of their issues. The Mehdipatnam center aims to diagnose and repair LED TVs as quickly as possible, minimizing downtime for customers. Transparency: Transparency in the repair process instills trust. The center provides clear explanations of the issues and the required solutions, ensuring that customers are well-informed. Quality of Service: High-quality service is non-negotiable. The use of genuine aisen parts and adherence to industry standards are paramount in delivering quality service. Service of Aisen LED TV Service Centre Near Mehdipatnam - Friendly and Courteous Staff: The attitude and behavior of staff members can significantly impact customer satisfaction. The Mehdipatnam center prides itself on its friendly and courteous staff who are always ready to assist customers. Warranty Support: aisen's commitment to its warranty policies plays a crucial role in customer satisfaction. The Mehdipatnam service center diligently follows these policies, ensuring customers receive the benefits they are entitled to.

Aisen Led Service Centre Near Mehdipatnam, Hyderabad

The Onsite Aisen LED TV Service Center Near Mehdipatnam, Hyderabad has emerged as a reliable and customer-centric destination for Aisen TV owners seeking repair and maintenance services. Its commitment to customer satisfaction, coupled with the expertise of its technicians and competitive pricing, has solidified its reputation in the region. The center's ability to provide onsite repairs further sets it apart from its competitors, making it a preferred choice for those in need of TV repair services. As television continues to play a pivotal role in our lives, such service centers become invaluable in ensuring that our entertainment and information needs are met without interruption..

[kishorxox]

Smart Parking Market to be Worth $22.9 Billion by 2032

Meticulous Research®—a leading global market research company, published a research report titled, ‘Smart Parking Market by Offering (Hardware, Software, Services), Application (Parking Management, Payment, Vehicle Identification, Security & Surveillance, Others), Parking Site, End User (Commercial, Residential) & Geography - Global Forecast to 2032.’

According to this latest publication from Meticulous Research®, the smart parking market is projected to reach $22.9 billion by 2032, at a CAGR of 18.2% from 2025 to 2032. The growth of this market is driven by escalating traffic congestion caused by improper parking, increasing investments in smart parking facilities, and the growing demand for parking spaces. However, the high implementation costs of smart parking systems restrain the growth of this market.

Moreover, the increasing investment in smart cities, the emergence of the parking-as-a-service business model, and the proliferation of EV charging stations are expected to create growth opportunities for stakeholders in this market. However, the lack of standardization in smart parking systems, resulting in interoperability and compatibility issues, and vulnerability to climatic conditions & vandalism are some of the challenges impeding the market’s growth. Additionally, the integration of the Internet of Things (IoT) and sensor technologies and the rising demand for AI-powered parking solutions are prominent trends in the smart parking market.

Based on offering, the global smart parking market is broadly segmented into hardware, software, and services. In 2025, the hardware segment is expected to account for the largest share of the global smart parking market. This segment’s large market share can be attributed to the rising adoption of pay-and-display machines and parking meters at parking facilities, the increased integration of surveillance cameras and monitoring systems to bolster vehicle safety and security, and the growing utilization of parking sensors for detecting parking occupancy.

However, the services segment is projected to register the highest CAGR during the forecast period. The growth of this segment can be attributed to the rising integration of IoT and sensors in parking spaces to enhance efficiency, the rising adoption of wireless and digital payment technologies to augment revenue generation, and the proliferation of smart public parking facilities. For instance, in April 2025, Batic Investments and Logistics Co. (BATIC) (Saudi Arabia) signed a framework agreement with Arabian Internet and Communications Services Company (Saudi Arabia) for the operation and maintenance of smart public parking spaces in Riyadh City.

Based on application, the global smart parking market is segmented into parking management, payment, enforcement, security & surveillance, and vehicle identification. In 2025, the parking management segment is expected to account for the largest share of 33.0% of the global smart parking market. This segment's large share can be attributed to the widespread adoption of sensors in parking spaces for spot identification, the increased use of parking gates and signage to manage and regulate traffic flow, and the rising utilization of Automatic Number Plate Recognition (ANPR) technology for revenue generation at parking facilities. For instance, in November 2024, Teesside Park (U.K.), a retail and leisure park in England, announced plans to utilize ANPR cameras in parking areas to impose fines on vehicle owners exceeding a four-hour parking limit.

However, the security & surveillance segment is projected to register the highest CAGR during the forecast period. The growth of this segment is driven by the rising deployment of smart cameras in parking areas to prevent crime, gather evidence, and enforce parking regulations. Additionally, the proliferation of on-street parking networks in densely populated cities contributes to the segment's growth.

Based on parking site, the global smart parking market is segmented into off-street and on-street. In 2025, the off-street segment is expected to account for a larger share of 70.0% of the global smart parking market. This segment’s market share is attributed to rapid urbanization and the proliferation of pay-and-park facilities in congested areas aimed at mitigating traffic congestion and generating revenue.

Moreover, the off-street segment is projected to register a higher CAGR during the forecast period. The growth of this segment is driven by the rising need to address traffic congestion issues, the increasing utilization of pay-and-park services, and the proliferation of smart meters and pay-and-display machines in commercial parking facilities.

Based on end user, the global smart parking market is broadly segmented into commercial and residential. In 2025, the commercial segment is expected to account for the larger share of 80.0% of the global smart parking market. This segment’s large market share can be attributed to the heightened emphasis of commercial establishments on enhancing parking experiences by incorporating technologies like ANPR, signage, and pay-and-display machines. Additionally, the increasing adoption of smart parking solutions in commercial spaces to address security concerns, tackle obstructive parking, and identify unallocated parking spots efficiently contributes to the significant market share of this segment.

Moreover, the commercial segment is projected to register the highest CAGR during the forecast period.

The growth of this segment is driven by the proliferation of electric vehicle charging facilities integrated with smart car parking technologies such as smart meters, pay-and-display machines, and cameras. For instance, in May 2024, ST Engineering (Singapore) collaborated with Nanyang Technological University (Singapore) to deploy Singapore’s first integrated smart car park and electric vehicle charging system, GoParkin, at NTU’s main campus.

Based on geography, the smart parking market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2025, North America is expected to account for the largest share of 41.0% of the global smart parking market. North America’s significant market share can be attributed to increasing investments by cities and municipalities in smart parking initiatives within densely populated urban areas, the rising number of vehicles in the region, mounting challenges in urban mobility and infrastructure, and the proliferation of online parking reservation services across the region. For instance, in February 2024, Eleven-x (Canada) was chosen for a municipal smart parking project in Virginia, U.S. The project encompasses a smart parking system leveraging Eleven-x's wireless technology to monitor parking spots and generate real-time availability data.

However, the market in Asia-Pacific is projected to register the highest CAGR of 20.0% during the forecast period. The growth of this regional market can be attributed to the region’s densely populated cities, escalating congestion issues in urban areas, and the increasing focus of municipalities on developing smart parking solutions to alleviate congestion problems. For instance, in February 2025, the Chandigarh Municipal Corporation (India) issued a request for proposal (RFP) for the design, development, and maintenance of smart parking lots based on a PPP (public-private partnership) model. As part of this initiative, 89 paid parking lots will be operated using smart facilities.

Key Players:

Some of the key players operating in the smart parking market are Cisco Systems, Inc. (U.S.), Siemens AG (Germany), Swarco AG (Austria), Robert Bosch GmbH (Germany), Amano Corporation (Japan), PRECISE PARKLINK INC. (Canada), Nedap N.V. (Belgium), Libelium Comunicaciones Distribuidas S.L. (Spain), Meter Feeder, Inc. (U.S.), ST Engineering (Singapore), TKH Security B.V. (Netherlands), CivicSmart, Inc. (U.S.), FLOWBIRD (France), SKIDATA GmbH (Austria), and Smart Parking Limited (U.K.).

Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5817

Key questions answered in the report-

Which are the high-growth market segments based on offering, application, parking site, and end user?

What was the historical market for smart parking?

What are the market forecasts and estimates for the period 2025–2032?

What are the major drivers, restraints, and opportunities in the smart parking market?

Who are the major players, and what shares do they hold in the smart parking market?

What is the competitive landscape like in the smart parking market?

What are the recent developments in the smart parking market?

What are the different strategies adopted by the major players in the smart parking market?

What are the key geographic trends, and which are the high-growth countries?

Who are the local emerging players in the global smart parking market, and how do they compete with the other players?

Contact Us: Meticulous Research® Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research

[wolfliving]

Will the entire car brick?

(...)

Fisker vehicle owners’ questions are mostly practical. Fisker began shipping the Ocean, its electric SUV—priced to start at $41,000 and ranging up to $70,0000—last year. Immediately, the vehicles were found to have serious build quality shortcomings and software issues, including a less-than-responsive central touchscreen. (WIRED’s reviewer declined to rate the vehicle entirely, calling it “just not ready yet.”)

Owners reported that some of the most serious issues, including a difficult-to-use brake hold and Bluetooth connectivity problems, were ironed out through software updates. But owners sometimes complained that it was tricky to get their vehicles serviced or repaired, because there weren’t enough certified Fisker repairers and technicians. Fisker initially launched with a Tesla-like “direct to consumer” model that eschewed the traditional “middleman” dealerships often seen in the US. But in January, the company began to sign dealerships to a new Fisker network, citing ballooning costs associated with the direct model.

Even now, as the carcass of Fisker gets picked over, the EVs still have niggling problems—window cracks, dysfunctional key fobs, sudden connectivity blackouts—and will unquestionably need servicing and spare parts to keep them running into the future. Without Fisker, the company, to provide that, what are owners to do?

The FOA is still in the early stages of figuring it out. A small band of volunteers have worked around the clock to define the problems owners might face down the road—legal questions about their vehicle financing; issues with the car’s app; finding parts—and start solving them. These people have full-time jobs, too. De Bardi, for example, who lives in the UK and has headed up the European owners’ efforts, is also the CTO of a telecommunications firm....

[celectric-mobility]

Below are some of the other aspects that you should understand in relation to the EV charging stations:

Well, in today’s world, electric vehicles that we are talking about are what we consider to be sustainable development towards the environment. That’s why we need more charging stations; that is necessary for electric vehicle users.

It is crucial that it is compatible with your electric automobile for charging competence and for the prescription of such things as power management and tracking. Also, it is cheaper than gasoline and diesel, though the difference is not very much pronounced. The biggest issue is, therefore, to determine which charging station would be most appropriate given the needs of the drivers.

You can choose an ideal charging station that determines the effectiveness and reliability of electric cars if you are an owner who would like to change his/her charging station or an electric vehicle driver. Meet many EV chargers that are available at www.celectricmobility.com and choose the charger that will enhance the life span of electric vehicles on the market.

Electric cars in their usage are recharged through chargers, through which they obtain the electric power. To be specific, the company that I am focusing on is an electric vehicle charger manufacturer. We offer charging solution services in a strategic way to ensure that the need of the driver is met.

The initially incorporated CMS software makes our chargers even more extraordinary, as follows: To some extent, it increases our value added to chargers, and that makes us distinct and reliable. Celectric Make sure you get the best electric vehicle charging station in the market. A great thing about people who own electric cars is the fact that the chargers are highly efficient as well as easy to work with.

Allow us to assure you that our chargers can surely help you in your struggle to lessen your carbon footprint because of our green emissions.

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[anonymusbosch]

have seen the "you really bought a tesla?" post a couple times now and it's another one of those things that I think people often have misconceptions about

1. the cheapest Tesla (model 3) was the world's bestselling electric car from 2018 to 2020, when it was ousted by the 2nd-cheapest Tesla (model Y). the model Y was the single best selling car in the world in the first quarter of 2023. they are very popular.

2. the cheapest Tesla is $40,240 new. with the $7,500 tax credit for electric vehicles, a price tag of $32,740 puts it on par with the Honda Odyssey minivan's base price or with slightly nicer trims of SUVs like the Subaru Outback or Toyota RAV4, and only about $100 more than a new Prius Prime. People in California may also qualify for an additional $2000-$5000 rebate for buying one, bringing the price down to $27,740 - just $1000 more than a new Toyota Camry.

3. the concerns about safety are often weighted against an incorrect baseline - so far, current data show that electric vehicles aren't more likely to catch fire in an accident than gas vehicles and are actually less likely to do so (but this is difficult to get solid data on. there's a bunch of articles reporting on a study by an insurance company showing a massive reduction in fire risk but the underlying data are highly suspicious).

4. the big point of distrust that I think is grounded: recalls. some of the 22 (22!) model 3 recalls are ~trivial, like "the driver's side sun visor may be missing the airbag warning sticker", but some are more serious, like "the airbags might not be correctly connected to the car." it seems like a lot of the issues have been addressed on the current (2023-2027) line, but the recurring problems with things ranging from minor software issues to pretty serious function issues are good cause for concern. None of the ones I've read about seem as severe as Toyota's "oops the accelerator gets stuck and your car can't stop moving forward" recall or Ford's "oops the engine explodes" recalls [plural], and even the worst ones are on par with things we've seen before especially from US automakers (glaring at Ford, GM, and Ford again). Ford and GM are both guilty of continuing to use known bad parts for >5 years with (in one case) thousands of fires and (in another) over a hundred deaths. moreover, GM's Bolt EV is under a 100% recall for the 2017-2022 model years for high fire risk and Ford recalled over 100,000 hybrids for fire risk - so is Tesla worse than GM or Ford? I don't know if I'd say that, but I'd really want a car I buy to live up to a higher standard.

in short, the most popular teslas by a huge margin are the two most affordable ones, which are fairly accessible to consumers (especially in California). the risk of a tesla exploding or catching on fire is not, as far as I can tell, higher than other cars (and it appears to be less likely per million miles traveled than some other EVs on the market). teslas still have a bunch of quality issues, and they still have some stupid design choices - but you can easily buy a shittier car for a lot more money, particularly an American-made one.

[mariacallous]

Elon Musk hasn’t been sighted at the picket lines in Missouri, Ohio, or Michigan, where autoworkers are striking against the Big Three US carmakers. Yet the influence of Musk and his non-unionized company Tesla have been everywhere since the United Auto Workers called the strike last week. In some ways, Tesla—the world’s most valuable automaker by market capitalization—set the whole thing in motion.

Tesla’s pioneering electric vehicles kicked off a new era that has turned the entire auto industry on its head. In a scramble to compete with Tesla and make that transition, the legacy automakers targeted by the current strike, General Motors, Ford, and Stellantis, have each pledged billions in global investment and have begun dramatically restructuring their operations. For workers, the “green jobs” being created can be scarcer and worse paying. Electric vehicle powertrains have many fewer moving parts than conventional gas-powered ones, and so they require 30 percent fewer vehicle assembly hours, according to one estimate. Plants that make EV batteries are generally outside the core, unionized auto supply chain. The United Auto Workers has seen a dramatic drop in membership due to jobs moving outside the US—it lost 45 percent of its members between 2001 and 2022. A future with more electric vehicles could mean fewer union jobs overall. “This strike is about electrification,” says Mark Barrott, an automotive analyst at the Michigan-based consultancy Plante Moran.

The new assembly plants that the legacy automakers need to pull off the transition have been stood up mostly in US states hostile to union organizing, such as Kentucky, Tennessee, and Alabama. And because many of these plants are joint ventures between automakers and foreign battery companies, they are not subject to previous union contracts.

The UAW did not respond to a request for comment, but UAW president Shawn Fain told CNBC last week that the electric transition can’t leave workers behind. “Workers deserve their share of equity in this economy,” he said.

Tesla’s rise over recent years has also put ever-ratcheting pressure on the legacy automakers to cut costs. Including benefits, Musk’s non-unionized EV company spends $45 per hour on labor, significantly less than the $63 per hour spent in the Big Three, according to industry analysts.

Musk’s willingness to upend auto manufacturing shibboleths has also forced his legacy competitors to seek new efficiencies. Tesla led the way in building large-scale car casts, stamping out very large metal components in one go rather than making a series of small casts that have to be joined together. And it pioneered an automotive chassis building process that can be easily adapted to produce different makes and models.

Tesla’s Silicon Valley roots also helped it become the first automaker to envision the car as a software-first, iPhone-like “platform” that can be modified via over-the-air updates. And the company aims to automate more of its factories, and extract more of the materials it needs to build its batteries itself.

Tesla’s novel production ideas could soon lead the company to put even more pressure on legacy automakers. Musk said earlier this year that Tesla plans to build a new, smaller vehicle that can be made for half the production cost of its most popular (and cheapest) vehicle, the Model 3.

Musk says a lot of things, and many don’t come to pass. (The world is still waiting for the 1 million Tesla robotaxis promised by the end of 2020.) But Tesla has been disruptive enough to leave legacy automakers, including Detroit’s Big Three, “in a quest for capital,” says Marick Masters, who studies labor and workplace issues at Wayne State University's School of Business. Detroit’s automakers have made good money in the past decade—some $250 billion in profits—but also paid a significant chunk of it out in dividends. Pressure from Tesla and the EV transition it catalyzed has left them feeling as if they need every penny they can corral to keep afloat as the industry changes.

“They have little money to concede for union demands,” says Masters. The UAW’s wants include significantly higher wages, especially for workers who have joined the companies since their Great Recession and bankruptcy-era reorganizations, which left some with less pay and reduced pension and health benefits.

So far, the UAW has shown little patience for the idea that the automakers it is pressuring are cash-strapped and under competitive pressure. “Competition is a code word for race to the bottom, and I'm not concerned about Elon Musk building more rocket ships so he can fly into outer space and stuff,” UAW president Fain told CNBC last week when asked about pressure from Tesla. He has argued that production workers should receive the same pay raise received by auto executives over recent years.

When automakers have taken the opposite tack, insisting that they’re well capitalized and making plans to put them ahead of the electric car maker—well, that set up conditions for this strike too. The three American automakers are forecasted to make $32 billion in profits this year, a slight dip from last year’s 10-year high. “The more they toot their own horns about profitability, the more the union looks at them and says, ‘We want our rightful share,’” says Masters.

Tesla did not respond to a request for comment, but Musk has, in typical fashion, chimed in. He posted on X last week to compare working conditions at his companies with the competition, apparently seeking to turn the dispute he helped foment into a recruiting pitch. “Tesla and SpaceX factories have a great vibe. We encourage playing music and having some fun,” he wrote. “We pay more than the UAW btw, but performance expectations are also higher.” A UAW attempt to organize Tesla workers in 2017 and 2018, as the company struggled to produce its Model 3, failed. The National Labor Board ruled that Tesla violated labor laws during the organizing drive; the carmaker has appealed the decision.