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Tesla refutes Elon Musk’s timeline on ‘full self-driving’

What Tesla CEO Elon Musk says publicly about the company’s progress on a fully autonomous driving system doesn’t match up with “engineering reality,” according to a memo that summarizes a meeting between California regulators and employees at the automaker. The memo, which transparency site Plainsite obtained via a Freedom of Information Act request and subsequently released, shows that Musk has inflated the capabilities of the Autopilot advanced driver assistance system in Tesla vehicles, as w...
Tags: TC, Transportation, Elon Musk, California, Tech, Tesla, Automotive, Electric Vehicles, DMV, Autonomous Vehicles, Musk, Elon, Automated Driving, Moore, Acosta, FSD


Tesla taps tiny startup’s tech to build cheaper, cleaner batteries

When Elon Musk stood on stage at Tesla’s Battery Day in September and promised to cut lithium-ion battery prices in half, he claimed some of the savings would come from reinventing the dirty and complex process of making their nickel metal cathodes. “It’s insanely complicated, like digging a ditch, filling it in and digging the ditch again,” he said at the event. So we looked at the entire value chain and said how can we make this as simple as possible?” The simplest route to appears to involv...
Tags: Startups, Transportation, Elon Musk, Toronto, Tesla, Automotive, Electric Vehicles, Batteries, Panasonic, North America, Lithium Ion Batteries, Musk, Shenzen, Fremont California, Dalhousie University, LG Chem


The Station: Lyft sells its self-driving unit, Uber makes a big product push and Revel jumps into ride-hailing

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hi there, new and returning readers. This is The Station, a weekly newsletter dedicated to all the ways people and packages move (today and in the future) from Point A to Point B. We took a week off and now we’re back. Whoop. Let’s catch up on all things transportation. My email inbox is always open. Email me at [email protected]
Tags: TC, Lyft, Uber, Europe, Elon Musk, UK, New York, London, Washington, Senate, Ipo, New York City, US, America, Los Angeles, Linkedin


Elon Musk Takes Center Stage on Saturday Night Live

Billionaire Elon Musk will host “Saturday Night Live'” on May 8th, the comedy series announced last week. Known for his controversial, biting remarks, the Tesla and SpaceX CEO apparently did not win over any fans among the cast. Cast members were not happy with Musk’s invitation. Social media comments indicated their displeasure. The self-proclaimed techno […] The post Elon Musk Takes Center Stage on Saturday Night Live appeared first on The Truth About Cars.
Tags: Spacex, Elon Musk, Technology, Media, Safety, Tesla, Quality, Green, Electric Vehicles, Autos, Autonomous Vehicles, Saturday Night Live, Liability, Sales And Marketing, Hot Takes, Musk


Sen. Richard Blumenthal says he's 'disappointed' Elon Musk is talking about a deadly crash involving a Tesla while it's under investigation

Tesla CEO Elon Musk. Chris Saucedo/Getty Images for SXSW Sen. Richard Blumenthal criticized Elon Musk's decision to tweet about a deadly crash. Authorities in Texas said Tesla's Autopilot was engaged when two people were killed in a crash in Houston this month. Musk dismissed the connection between the Autopilot and the crash on Twitter. See more stories on Insider's business page. Sen. Richard Blumenthal has called out Tesla CEO Elon Musk for his response to a fatal Tesla cras...
Tags: Transportation, Twitter, Elon Musk, Texas, News, Senate, Cars, Trends, Tesla, Connecticut, Houston, Wall Street Journal, Electric Car, Cnbc, Musk, Nhtsa


Elon Musk says pandemic supply-chain issues and a global microchip shortage resulted in 'insane difficulties' for Tesla

Elon Musk NurPhoto/Contributor/Getty Images Elon Musk said Tesla experienced significant supply chain hurdles in the last quarter. Musk cited the global chip shortage, as well as port delays, and COVID-19 restrictions in China. Supply-chain disruptions have impacted many US companies, causing shortages and price hikes. See more stories on Insider's business page. Elon Musk told investors during the Tesla's quarterly earnings call that the automaker has been forced to reckon with nu...
Tags: Transportation, Elon Musk, News, California, China, Cars, US, Samsung, Trends, Tesla, Bloomberg, Deloitte, Electric Car, Musk, Tech Insider, Zach Kirkhorn Tesla


Tesla wants to make every home a distributed power plant

Tesla CEO Elon Musk wants to turn every home into a distributed power plant that would generate, store and even deliver energy back into the electricity grid all using the company’s products. While the company has been selling solar and energy storage products for years, a new company policy to only sell solar coupled with the energy storage products, along with Musk’s comments Monday, reveal a strategy that aims to scale these businesses by appealing to utilities. “This is a prosperous future b...
Tags: TC, Elon Musk, Texas, Utilities, California, Tech, Tesla, Automotive, GreenTech, Musk, Princeton University, Massachusetts Institute Of Technology, Powerwall, Electric Reliability Council of Texas It


Elon Musk deleted a tweet implying Tesla could be the world's largest company 'within a few months'

Elon Musk. Britta Pedersen-Pool/Getty Images On Friday, Elon Musk implied on Twitter that Tesla could soon become bigger than Apple. Musk quickly deleted the tweet, but not before many users screenshotted and shared it. In 2018, the SEC filed a charge against Musk because of his tweets about Tesla. See more stories on Insider's business page. Tesla CEO Elon Musk deleted a tweet on Friday that implied Tesla would become a bigger company than Apple, the world's largest company, "with...
Tags: Apple, Transportation, Twitter, Elon Musk, News, Cars, Trends, Tesla, Dave, Jp Morgan, SEC, National Labor Relations Board, Gamestop, Securities And Exchange Commission, Musk, UAW


Elon Musk says the new Cybertruck design won't have any door handles

The original design for the Tesla Cybertruck. Tesla Elon Musk teased on Twitter that the updated Cybertruck would come without door handles. The original design had the same handles as other Tesla production cars. Musk said earlier in the month that more information would be available about the vehicle in April. See more stories on Insider's business page. Elon Musk hinted on Twitter that the Tesla Cybertruck will not have any door handles, which would be one of the most concrete desig...
Tags: Transportation, Elon Musk, News, Cars, Trends, Tesla, Electric Car, Musk, Tech Insider, Cybertruck, Tesla Cybertruck, Grace Kay, Tesla Cybertruck Tesla Elon Musk


Consumer Reports says Tesla's cameras inside its cars, which transmit video footage of passengers, could pose a privacy risk

PETER PARKS/AFP via Getty Images Several Tesla models record and transmit video of drivers and passengers via in-car cameras. Tesla cars have up to 9 cameras encompassing both the outside and inside of the car. Consumer Reports said the in-car camera opens drivers up to serious privacy concerns. See more stories on Insider's business page. Several Tesla vehicle models, including the Model 3 and Model Y, record and transmit video footage of drivers and passengers via in-car cameras. Th...
Tags: Transportation, Electric Vehicle, Elon Musk, News, China, Cars, Trends, General Motors, Tesla, Epic, Data Privacy, Consumer Reports, Electric Car, Musk, Peter, Fisher


Elon Musk declares you can now buy a Tesla with Bitcoin in the U.S.

Tesla made headlines earlier this year when it took out significant holdings in bitcoin, acquiring a roughly $1.5 billion stake at then-prices in early February. At the time, it also noted in an SEC filing disclosing the transaction that it could also eventually accept the cryptocurrency as payment from customers for its vehicles. Now, Elon Musk says they’ve made that a reality, at least for customers in the U.S., and he added that the plan is for the automaker to ‘hodl’ all their bitcoin paymen...
Tags: TC, Elon Musk, Tech, Tesla, Ceo, Car, Cryptography, Open Source Software, Bitcoin, Mining, United States, Electric Vehicles, Currency, SEC, Mobility, Cryptocurrencies


His Majesty Elon the First, Technoking of Tesla

Last week, Elon Musk made $25 billion in one day. On Monday, he crowned himself “Technoking of Tesla.” In Musk-speak, this new title still translates into the Chief Executive Officer of the electric car company.  The eccentric billionaire is nothing if not creative with his dubs (see: Offspring named X Æ A-Xii.) Zach Kirkhorn, the company’s Chief Financial Officer, has also been bestowed the title of Master of Coin. A nod to Game of Thrones ? Honestly, who knows?  The new appellations we...
Tags: Transportation, Elon Musk, Tech, Tesla, Automotive, Electric Vehicles, Jeff Bezos, Musk, Elon, Zach, U S Securities and Exchange Commission, Tesla Semi, Jerome Guillen, Zach Kirkhorn, Xii Zach Kirkhorn, Tesla Heavy Trucking


Elon Musk, Tesla board sued in lawsuit alleging ‘erratic’ tweets violate fiduciary duty

Tesla CEO Elon Musk’s tweets are the subject of another lawsuit. A Tesla investor is suing the company board and Musk for continuing to send “erratic tweets” that violate a settlement with the U.S. Securities and Exchange Commission that requires oversight of his social media activities. The lawsuit, which was first reported by Bloomberg, claims Musk is exposing the company to potential fines and penalties from regulators and could drive down its share price. The lawsuit names the board for fail...
Tags: Transportation, Elon Musk, Tech, Tesla, Bloomberg, Automotive, Manhattan, Dylan Thomas, SEC, Wall Street Journal, Musk, Delaware Chancery Court, U S Securities and Exchange Commission, Tesla Musk, U S National Anthem, Elon Musk Tesla


Early Tesla investor is worried about competition encroaching on Elon Musk from all sides

Yasin Ozturk/Anadolu Agency via Getty Images Steve Westly said Tesla is facing an increasingly crowded electric-car market. The former board member said Tesla could lose buyers to companies like General Motors or Volkswagen. Tesla is looking to make a cheaper vehicle and expand its market in other countries like China. Visit the Business section of Insider for more stories. Former Tesla board member Steve Westly said the company is facing off against a lot of competition from other automa...
Tags: Transportation, Elon Musk, News, China, Cars, Trends, General Motors, Tesla, Porsche, Shanghai, Volkswagen, Audi, Electric Cars, Cnbc, Musk, Investors


You could soon charge an electric car in the time it takes to fill a tank of gas thanks to a startup partnering with Uber

Founders Khaled Hassounah and John de Souza stand in front of a battery swapping station. Ample Ample launched a charging network for Uber's fleet in San Francisco. The startup uses battery swapping technology to charge electric cars faster. The company plans to deploy the network in multiple cities for consumers within the next few years. Visit the Business section of Insider for more stories. Ample, a startup based out of San Francisco, has launched a charging network that can recharge a...
Tags: Transportation, Elon Musk, News, California, China, Cars, San Francisco, Trends, Startup, Tesla, Customers, Batteries, Electric, Charging, Electric Cars, Musk


It's not just Elon Musk - a Tesla board member may have also helped with the automaker's massive bitcoin purchase

Yasin Ozturk/Anadolu Agency via Getty Images A Tesla board member with an appetite for cryptocurrency may be behind the company's bitcoin investment.  Antonio Gracias is the director of two cryptocurrency companies through his investment firm.  Tesla's $1.5 billion bitcoin purchase helped the cryptocurrency cruise to record highs.  Visit the Business section of Insider for more stories. A Tesla board member with stakes in several cryptocurrency companies may have been part of the automake...
Tags: Transportation, Elon Musk, News, Cars, Trends, Tesla, Bitcoin, Cryptocurrencies, Electric Cars, Musk, PitchBook, Ron Baron, Gracias, Antonio Gracias, Tech Insider, Tesla Board


The research lab where Tesla plans to design a $25,000 car will be up and running this year, executive says

Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai Reuters The head of Tesla in China said the company's research and development center will be running within the year. The site will design Tesla's new $25,000 autonomous electric car. The center is part of Elon Musk's plans to capitalize on China's lucrative EV market. Visit the Business section of Insider for more stories. The head of Tesla China said the company's research and development cente...
Tags: Transportation, Electric Vehicle, Elon Musk, News, China, Cars, US, Trends, Tesla, Shanghai, Factory, Musk, Nordic, Xinhua, Tesla CEO Elon Musk, Zhu


Billionaire investor Ron Baron calls Tesla's $1.5 billion Bitcoin purchase 'not surprising'

Billionaire investor Ron Baron was one of the most successful fund managers of 2020, thanks in part to another huge return on his Tesla investment. Baron Funds Ron Baron says Elon Musk's support of Bitcoin on Twitter makes the investment "not surprising." Bitcoin rose to a record high when Tesla's $1.5 billion investment was announced. Baron has been known for being bullish on the electric car company. Visit the Business section of Insider for more stories. Tesla shareholder Ron Baron says...
Tags: Transportation, Elon Musk, News, Cars, US, Trends, Investing, Tesla, Paypal, Bitcoin, Baron, Cnbc, Musk, Paul Tudor Jones, Wedbush, Ron Baron


Tesla buys $1.5B in bitcoin, may accept the cryptocurrency as payment in the future

Today in an SEC filing, Tesla disclosed that it has acquired $1.5 billion in bitcoin, the popular cryptocurrency. Moreover, the company noted that it may also accept bitcoin in the future as a form of payment for its cars, though it did allow that there is some regulatory uncertainty around that effort. As the news broke, the price of bitcoin instantly rose by around 7% to more than $40,000 per coin. Tesla had previously telegraphed that it had an interest in the cryptocurrency, however to purch...
Tags: Elon Musk, Tech, Tesla, Bitcoin, Automotive, SEC, Blockchain, Musk, Dogecoin


Elon Musk said Tesla plans to build an electric van eventually, but has been held back by battery cell output

Joe Skipper/Reuters Tesla CEO Elon Musk said the company plans to build an electric van "at some point," but has been held back by battery-cell production constraints. The company is trying to overcome low output volumes by making its own cells. Musk has been talking about making an electric van for years, but other automakers like Ford and Mercedes have beat him to it. Visit Business Insider's homepage for more stories. Tesla plans to build an electric van, but don't expect to see it on ...
Tags: Amazon, Transportation, Elon Musk, Texas, News, Cars, US, Trends, General Motors, Tesla, Ford, Electric Vehicles, Panasonic, Lg, Mercedes, Musk


Elon Musk says Tesla has held 'preliminary discussions' to license its Autopilot software to other manufacturers

BRENDAN SMIALOWSKI/AFP via Getty Images Elon Musk said Tesla has held early talks to license its software with other car manufacturers. The CEO has said in the past he is not looking to edge out other competitors, but rather simply advance the technology. Musk said the "full self-driving" software may be functional without an operator within the year, reaching Level 5 autonomy. Visit Business Insider's homepage for more stories. Tesla CEO Elon Musk said the company has been in early talks...
Tags: Google, Transportation, Elon Musk, News, Cars, Trends, Tesla, Ford, Volkswagen, Self-driving Car, Musk, John Krafcik, Autopilot, Ev, Tesla CEO Elon Musk, BRENDAN SMIALOWSKI


Elon Musk says Tesla Semi is ready for production, but limited by battery cell output

Tesla CEO Elon Musk said on the company’s 2020 Q4 earnings call that all engineering work is now complete on the Tesla Semi, the freight-hauling semi truck that the company is building with an all-electric powertrain. The company expects to begin deliveries of Tesla Semi this year, the company said in its Q4 earnings release, and Musk said the only thing limiting their ability to produce them now is the availability of battery cells. “The main reason we have not accelerated new products – like f...
Tags: TC, Transportation, Elon Musk, Cars, Tech, Tesla, Ceo, Automotive, Hyperloop, Tesla Model S, Musk, Tesla CEO Elon Musk, Tesla Semi, Tesla Model Y


Tesla is willing to license Autopilot and has already had “preliminary discussions” about it with other automakers

Tesla is open to licensing its software, including its Autopilot highly-automated driving technology, and the neural network training it has built to improve its autonomous driving technology. Tesla CEO Elon Musk revealed those considerations on the company’s Q4 earnings call on Wednesday, adding that the company has in fact already “had some preliminary discussions about licensing Autopilot to other OEMs.” The company began rolling out its beta version of the so-called ‘full self-driving’ or FS...
Tags: TC, Transportation, Elon Musk, Tech, Tesla, Ceo, Car, Automotive, Automation, Transport, Driver, Neural Networks, Self-driving Car, Musk, Tesla Autopilot, Neural Network


Elon Musk fires back at Waymo's CEO after he said Tesla was 'no competitor at all'

Patrick Pleul/picture alliance via Getty Images Waymo CEO John Krafcik said Tesla is not a viable competitor in the autonomous vehicle market.  In response, Elon Musk called the company out on Twitter, saying "Tesla has better AI hardware and software than Waymo." The two CEOs have traded jabs in the past after Tesla released its "full self-driving" software, which isn't self-driving, in beta mode to customers in the fall. Visit Business Insider's homepage for more stories. Elon Musk fire...
Tags: Google, Amazon, Transportation, Twitter, Elon Musk, News, Germany, Cars, Trends, Tesla, Electric Vehicles, Self-driving Cars, Vinod Khosla, Musk, John Krafcik, Phoenix


Elon Musk said it was ‘Not a Flamethrower’

After two days locked up in an Italian prison, American Max Craddock was finally able to make his case to a judge. “It’s not a weapon of war,” his lawyer told the investigating magistrate. “It’s a toy they sell to children.” Craddock had been arrested in the Sardinian port city of Olbia in June 2018 after trying to board a private party bus with a collectible flamethrower from Elon Musk’s latest startup, The Boring Company. Craddock had painted his flamethrower black, and written on it the name ...
Tags: Gadgets, Transportation, Europe, Elon Musk, London, Los Angeles, Tech, Tesla, Long, Fbi, Canada, Automotive, Pennsylvania, United States, Italy, Manchester


An electric-car battery that can be charged as fast as filling up your gas tank was just shown off by a startup

Electric vehicle charging. Jackyenjoyphotography/Getty Images An electric-car battery that can be charged in five minutes was announced on Monday. Standard electric-vehicle batteries take about 8 hours to fully charge. The faster-charging capability would make EVs more accessible to the general public. Visit Business Insider's homepage for more stories. An electric-car battery that can be charged in 5 minutes, the amount of time it takes to fill up a tank of gas, has been produced for the ...
Tags: Transportation, Elon Musk, News, China, Cars, Trends, Tesla, Biden, Electric, Electric Cars, Battery, Musk, Li, TDK, Storedot, Tech Insider


Tesla wants to hire somebody to help Elon Musk handle Twitter

Tesla is hiring a customer support specialist. Alex Tai/SOPA Images/LightRocket via Getty Images Tesla is hiring an "Energy Customer Support Specialist" to help with the customer service. In particular, the role calls for someone to "address social media escalations directed at" CEO Elon Musk. Musk is well known for personally fielding customer complaints from his Twitter account. Visit Business Insider's homepage for more stories. Despite reportedly to field questions from reporters, it...
Tags: Amazon, Transportation, Twitter, Elon Musk, Jobs, Trends, Tesla, Autos, EVs, Hiring, Fedex, Musk, Customer Support, Jay Boller, Tesla Energy, Tech Insider


Elon Musk Now World’s Richest Man

Move aside, Jeff Bezos, as Elon Musk is now the world’s richest man. At least according to CNBC. His net worth is now $185 billion, thanks to increases in Tesla’s share price. Musk started last year with $27 billion and was barely in the top 50 of the world’s richest people. So, unlike most of […] The post Elon Musk Now World’s Richest Man appeared first on The Truth About Cars.
Tags: Elon Musk, Tesla, Autos, Jeff Bezos, Cnbc, Musk, Elon, News Blog, Richest Man, Elon Musk Now World


Elon Musk has a new title: world’s richest person

Elon Musk, the controversial and enigmatic entrepreneur who heads up SpaceX and Tesla, has reached a status that only three others have held in the past two decades: world’s richest person. On his way to the top spot, Musk has surpassed a bevy of billionaires this year, including Warren Buffet and Bill Gates. He reached the pinnacle Thursday thanks to Tesla’s share price that has skyrocketed nearly 830% since March 2020 along with a substantive pay package that was triggered after achieving ...
Tags: Amazon, Transportation, Spacex, Elon Musk, Finance, Tech, Tesla, Bloomberg, Automotive, SEC, Jeff Bezos, Warren Buffet, Musk, Toyota Tesla, Ford GM VW Group


Tesla’s China rival Xpeng to use lidar sensors from DJI affiliate Livox

The battle is heating up between Tesla and its Chinese challenger Xpeng as the latter makes clearer its stance on the future of autonomous driving. Over the weekend, Xpeng, which counts Xiaomi and Alibaba among its investors, announced that it will be using lidar sensors from Livox, a startup with closes ties to the Chinese drone giant DJI. The choice of remote sensing technology lidar and a Chinese supplier reflects the complexities of the U.S.-China tech war. Tesla has accused Xpeng of inte...
Tags: Startups, TC, Transportation, Asia, Elon Musk, China, Tesla, Artificial Intelligence, Automotive, Dji, Alibaba, Xiaomi, Baidu, Huawei, Lidar, Daimler



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