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San Francisco: Electric vehicle company Tesla CEO Elon Musk has sold 7.92 million shares of the company worth around $6.88 billion, media reports say. Musk’s transactions occurred between August 5 and August 9, the US Securities and Exchange Commission (SEC) filings revealed, following Tesla’s 2022 annual shareholder meeting on August 4 in Austin, Texas, reports […]
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San Francisco: Amid several media reports appearing on Elon Musk’s activities, the tech billionaire on Tuesday said that the attention which he is getting currently “super sucks”, and he will continue to focus on doing useful things. On the microblogging site, the Tesla and SpaceX CEO expressed his displeasure of the unwanted media attention that […]
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New Delhi: Tesla has sold 75 per cent of its Bitcoins, adding $936 million in cash to its balance sheet in the second quarter (Q2) this year, as it deals with economic meltdown amid cryptocurrencies falling off the cliff. Last year, Tesla made a $1.5 billion investment in Bitcoin and announced that it would accept […]
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San Francisco: Tesla CEO Elon Musk has said that the electric vehicle company is getting closer to integrating Valve’s Steam to take its in-car gaming platform to a whole new level. According to the auto-tech website Electrek, Tesla has been investing heavily into integrating video games into its in-car entertainment system. But it still surprised many […]
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San Francisco: Tesla CEO Elon Musk said that his electric vehicle company Tesla would pull down the prices of its car if the inflation calmed down. On the microblogging site Twitter, the tech honcho mentioned the car prices on being asked by a user if the company plans to down the cost of cars after […]
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San Francisco: Elon Musk-run Tesla has laid off 229 annotation employees from its Autopilot team and closed one of its offices in the US. According to a regulatory filing in California state in the US and seen by TechCrunch, Tesla had laid off workers from its San Mateo office that employed 276 workers. The remaining 47 […]
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Artificial intelligence, when used by human intelligence, can have some interesting spin-offs, like what is being done using Apple’s latest location tracker device, AirTag, and what China’s ruling party is doing with AI-powered facial scans. The AirTag controversy saw Irish actor and author Hannah Rose May claiming that she was tracked by an AirTag, after […]
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San Francisco: Electric vehicle company Tesla has confirmed that its vehicles can now scan for rough roads, like potholes, to help avoid them damaging the vehicles by adjusting the suspension. In a new 2022.20 software update, the automaker wrote about a new feature of the “Tesla Adaptive Suspension” system, reports the auto-tech website Electrek. “Tesla […]
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San Francisco: Despite several supply chain challenges and factory shutdowns, Elon Musk-owned electric vehicle company Tesla has delivered 2,54,695 EVs globally in the second quarter of 2022. The company also said that June 2022 was the highest vehicle production month in Tesla’s history. “In the second quarter, we produced over 2,58,000 vehicles and delivered over 2,54,000 […]
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New Delhi: It has been nine days since Tesla and SpaceX CEO Elon Musk took digital detox from Twitter — a longest stretch without posting anything in nearly five years — leaving his more than 100 million followers and the media speculating a lot. His silence comes in the middle of the controversial $44 billion […]
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New Delhi: The global chip shortage and supply chain woes have hit electric vehicle (EV) quality across the board, including Tesla that continues its trend of shoddy manufacturing, a new report has revealed. According to consumer research and analytics firm JD Power, Polestar is ranked last while Elon Musk-run Tesla ranks seventh from the bottom on […]
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San Francisco: Herbert Diess, the current chairman of the board of management of the German motor vehicle manufacturer Volkswagen Group, has said that the carmaker will take the lead over Elon Musk’s Tesla by 2025. During a meeting at the company’s headquarters in Germany, Diess said that Tesla will lose its strength trying to ramp up […]
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San Francisco: Elon Musk-owned Tesla has reportedly shown exit door to approximately 200 workers from its Autopilot team and closed an office in California, media report says. According to Bloomberg, the majority of those who were let go were hourly workers, said the people, who asked not to be identified as discussing private information. As […]
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San Francisco: Elon Musk-owned electric vehicle company Tesla’s Enhanced Autopilot is available in the US and China. According to Teslarati, in the US, Enhanced Autopilot costs $6,000. Meanwhile, in China, it costs approx 31,970 yuan ($4,779). The features included in Enhanced Autopilot are Navigate on Autopilot, Auto Lane Change, Autopark, Summon, and Smart Summon. Earlier this […]
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San Francisco: Tech billionaire Elon Musk’s Boring Company has applied to dig a tunnel under Tesla Gigafactory Texas in Austin, however, it is unclear what they plan to do with it. The Boring Company has been in discussions with the state and municipal governments for several projects since moving to Texas, but as far as […]
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San Francisco: A Black former Tesla worker who said he was harassed and faced with “daily racist epithets,” including the “N-word,” while working at the company’s Fremont, California, plant has rejected a substantially reduced award of $15 million in his lawsuit. Owen Diaz, who worked at the Tesla plant in 2015 and 2016 as a […]
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San Francisco: Twitter employees are sceptical about their future after Elon Musk addressed them this week, saying they are doing their best to stay focused on work. The future of Twitter hangs in the balance and employees’ reaction after the virtual meeting with Musk was “mostly negative,” reports The Verge. Musk told Twitter employees that […]
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San Francisco: Elon Musk-owned electric vehicle company Tesla has started another wave of layoffs, and this time it also includes hourly workers instead of just salaried employees as the CEO claimed. Informed sources confirmed that Tesla started another wave of layoffs yesterday that included many hourly employees in its sales and delivery teams across North America, […]
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San Francisco: Tesla CEO Elon Musk is set to speak to Twitter employees for the first time this week in a bid to allay their fears and put his vision across to them. Musk will address Twitter employees via a virtual meeting on Thursday, reports Insider, and will take questions from them over his $44 […]
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San Francisco: Tech billionaire Elon Musk has said that its electric vehicle company Tesla had a ‘very tough quarter’ and needs to rally. According to the auto-tech website Electrek, over the weekend, the Tesla CEO sent emails to employees and in the first email, Musk tried to instill meaning about building Tesla products to workers. […]