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A top industry executive says there are 3 major players in autonomous vehicles, and Waymo, the most talked-about company in the business, isn't one of them (APTV)

An autonomous-vehicle company needs a talented software team, a lot of money, and close ties to a car company to become a major player in the industry, according to Karl Iagnemma, the CEO of Hyundai and Aptiv's autonomous-vehicle joint venture. Aptiv, Cruise, and Argo AI are the only companies that have all three, he said. Aprtiv and Hyundai plan to have an automated-driving platform available to ride-sharing services, fleet operators, and automakers by 2022 while also building their own self-...
Tags: Google, Amazon, Elon Musk, Trends, General Motors, Tesla, Ford, Panasonic, Las Vegas, Volkswagen, Hyundai, Cto, Karl Iagnemma, Waymo, Argo AI, Zoox


Elon Musk's Boring Company is hosting a competition to see who can dig tunnels faster than a snail

Elon Musk's Boring Company plans to host a tunneling competition in 2021.  Participants will race to build a miniature tunnel the fastest and the most accurately.  The billionaire has yet to build any public transit with his tunneling venture, but is close to completing a smaller project at the Las Vegas convention center. Visit Business Insider's homepage for more stories. Elon Musk is hell bent on finding a way to dig tunnels cheaper and more quickly in order to avoid his least favorite thi...
Tags: Elon Musk, California, US, Trends, Tesla, Chicago, Las Vegas, Los Angeles Dodgers, Hyperloop, Musk, Boring Company, Elon Musk s Boring Company, Elon Musk s Las Vegas


Panasonic's CEO says Elon Musk is a genius — but can be be 'overly optimistic' (TSLA)

Panasonic's CEO has a warning for aspiring entrepreneurs: don't emulate Elon Musk.  Kazuhiro Tsuga told a room of young people that the Tesla leader is a "genius," but that he can sometimes be "overly optimistic." Panasonic and Tesla produce batteries in Nevada for electric vehicles, but the two companies' relationship on solar roofs has been strained this year.  Visit Business Insider's homepage for more stories. Tesla's Chief Executive Officer Elon Musk is "a genius who defies common sense ...
Tags: Elon Musk, Trends, Tesla, Panasonic, Nevada, Musk, Reuters, Buffalo New York, Tsuga, Elon Musk Kazuhiro Tsuga


Jeff Bezos' October surprise (no, he's not running for president)

Hello and welcome back to Trending, Business Insider's weekly look at the world of tech. I'm Alexei Oreskovic, Business Insider's West Coast Bureau Chief and Global Tech Editor. If you want to get Trending in your email inbox every Wednesday, just click here. This week: While Facebook burns, Bezos adapts  The 4th of July fireworks have (for the most part) quieted down in recent days, but the barrage rattling Facebook is booming as loudly as ever, leaving Mark Zuckerberg, Sheryl Sandberg, an...
Tags: Google, Amazon, Facebook, US, Trends, Tesla, Peter Thiel, Holland, Toyota, Andreessen Horowitz, Jeff Bezos, Palantir, Postmates, Musk, Index Ventures, Eugene Kim


'It's largely gonna go to waste and it distorts the market': Billionaire investor Chamath Palihapitiya blasts the Fed and Treasury for spending billions to help companies instead of consumers

Billionaire venture capitalist Chamath Palihapitiya criticized US authorities for helping companies more than consumers in a Yahoo Finance interview on Tuesday. "We gave hundreds of billions of dollars in all kinds of random ways," the Social Capital CEO and Virgin Galactic chairman said about the Federal Reserve and US Treasury's actions during the coronavirus pandemic. Palihapitiya argued the interventions have distorted stock valuations and made it "very hard to be anything except long the ...
Tags: Apple, Amazon, US, Trends, Tesla, Virgin Galactic, Nba, Treasury, Berkshire Hathaway, Warren Buffett, US Treasury, Lincoln Center, Federal Reserve, Golden State Warriors, Chamath Palihapitiya, Buffett


Kanye West said Elon Musk is advising him on his 2020 presidential bid and they've been talking about it for years

Kanye West announced on July 4 he wants to run for president. In an interview with Forbes published Wednesday, West said he is being advised by Tesla CEO and tech billionaire Elon Musk. That seems to be backed up by recent remarks. On Twitter, Musk commented on West's July 4 announcement: "You have my full support!"  The two also appeared together in a photo published by West on July 1. Visit Business Insider's homepage for more stories. Musician Kanye West says he's running for president, a...
Tags: Elon Musk, US, Trends, Tesla, Kanye West, West, Grimes, Musk, Forbes, Kim Kardashian West, Trump, Birthday Party, Leslie Odom Jr, Twitter Musk, Andrew Yang, Forbes West


BMW wants customers to pay a subscription fee to use features the car already has installed, like a heated steering wheel or adaptive cruise control

In July, BMW will roll out a sweeping software update that includes digital personalization and on-demand functions. The automaker envisions a future where people will subscribe to existing features on their cars, such as a heated steering wheel or adaptive cruise control. The software will be compatible with BMWs with the automaker's latest Operating System 7, as well as the 2021 BMW 5 Series. Visit Business Insider's homepage for more stories. In July, BMW plans to launch a comprehensive so...
Tags: Trends, Tesla, Cnn, Bmw, Jalopnik


Tesla doubters chase surging stock price

Some of the most pessimistic Tesla analysts raised their price targets as the stock surges.
Tags: Finance, Tesla, Article, FBN, Fbn/markets, FOXBusiness, Fox-business/markets/stocks, Fox-business/technology, Fox-business/markets/us-markets, Fox-business/technology/tesla, Jonathan Garber, 6da82928-eabf-5f14-9323-54ee06a9e3b8


How Many More Gigafactories Can Tesla Make With Profit and Stock?

Tesla is trading at a valuation of over $250 billion. If Tesla has no factory shutdowns they will build another 55,000 cars in future quarters and they are expanding capacity. This could be 160,000... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Tags: Tesla, Innovation


Tesla is transforming how cars are sold. But 27 insiders say the company's methods mean slashed pay and living in constant fear of getting laid off. (TSLA)

Business Insider spoke with 27 current and former Tesla sales employees about the changes the company has made to their jobs and the way it sells cars. Some said they were frustrated by compensation changes that have cut their overall pay and disappointed in their store's response to the coronavirus. Others complimented Tesla's efforts to make the car-buying process more customer-friendly. Are you a current or former Tesla employee? Do you have an opinion about what it's like to work there? Co...
Tags: Elon Musk, Wtf, US, Trends, Tesla, Ford, TSLA, Lincoln, West Coast, East Coast, Cnbc, Musk, Midwest, Gene Munster, Bechtel, Fremont California


Uber was in a desperate position after it failed to buy Grubhub, but its 'aggressive' acquisition of Postmates will help it chip away at DoorDash's huge lead in the food-delivery industry, an industry watcher says (UBER)

Buying Postmates will make Uber a stronger competitor to DoorDash, Wedbush Securities said in a note to clients on Monday. Uber's food-delivery market share could increase to about 33%, pushing it closer to DoorDash's 44% share, Wedbush said.  Deliveries have been a bright spot for Uber this year as the coronavirus has reduced the demand for its ride-hailing business. Are you a current or former Uber employee? Do you have an opinion about what it's like to work there? Contact this reporter at ...
Tags: Uber, Trends, Tesla, Postmates, Garrett Camp, Doordash, Wedbush, GrubHub, Dara Khosrowshahi, GrubHub Uber, Apple Tesla Amazon, DoorDash Wedbush Securities, After Uber, Wedbush DoorDash


‘Cold-hearted’ Tesla threatened to close its dealerships without telling employees first

Since early last year, Tesla reportedly assessed the viability of its dealerships and stores, and with little regard for people who might be most affected by it. According to Business Insider, which spoke with 27 Tesla dealership employees, the company made a series of slapdash announcements in February last year, which said that the company would be “winding down many of [its] stores.” Despite the gravity of the initial announcement, it mentioned casually in a blog post about a new upcoming Mod...
Tags: Startups, Electric Vehicle, Cars, Tesla, Shift


10 things in tech you need to know today

Good morning! This is the tech news you need to know this Tuesday. Uber confirmed it will buy smaller food delivery firm Postmates in a $2.65 billion all-stock deal. Food delivery has come front and center for Uber since March, when a near complete drop-off in global travel decimated its core taxi business.  Facebook, Google, and Twitter have all suspended complying with Hong Kong police requests for user data thanks to a new Chinese national security law. Hong Kong citizens previously had fre...
Tags: Facebook, Hong Kong, China, Disney, US, Trends, Tesla, Nintendo, Fox News, Hamilton, Alexa, State, Facebook Google, Tesla CEO Elon Musk, Pompeo, Mike Pompeo


Uber just made an 'aggressive' move in its battle against food-delivery leader DoorDash by buying Postmates, an industry watcher says (UBER)

Buying Postmates will make Uber a stronger competitor to DoorDash, Wedbush Securities said in a note to clients on Monday. Uber's food-delivery market share could increase to about 33%, pushing it closer to DoorDash's 44% share, Wedbush said.  Deliveries have been a bright spot for Uber this year as the coronavirus has reduced the demand for its ride-hailing business. Are you a current or former Uber employee? Do you have an opinion about what it's like to work there? Contact this reporter at ...
Tags: Uber, Trends, Tesla, Postmates, Garrett Camp, Doordash, Wedbush, GrubHub, Dara Khosrowshahi, GrubHub Uber, Apple Tesla Amazon, DoorDash Wedbush Securities, After Uber, Wedbush DoorDash


Former Silicon Valley VC says Ghislaine Maxwell attended an investor party in 2011 despite reports 'about her supplying underage girls for sex'

Former Reddit CEO Ellen Pao said Monday that Ghislaine Maxwell attended a 2011 party in Silicon Valley hosted by the venture capital firm Kleiner Perkins. "We knew about her supplying underage girls for sex, but I guess that was fine with the 'cool' people who managed the tightly controlled guest list," Pao wrote in a tweet. Pao, a former partner at Kleiner Perkins, later clarified to Business Insider that people at the party "suspected" Maxwell was guilty because some of Epstein's victims had...
Tags: Google, Amazon, Twitter, Microsoft, Trends, Tesla, Hp, Bill Gates, Sergey Brin, Reid Hoffman, Reddit, Maxwell, Silicon Valley, Ellen Pao, Jeff Bezos, Marissa Mayer


Tesla salespeople say years of layoffs and furloughs have made them doubt their job security (TSLA)

Tesla has laid off employees or put them on furlough in each of the past three years. The moves have left some Tesla employees with doubts about their job security. "We feel like there's an axe over our head every day at Tesla," said a current salesperson who works on the West Coast. "They lay off with no notice. They're just notorious for that." Tesla did not respond to a request for comment. Are you a current or former Tesla employee? Do you have an opinion about what it's like to work there...
Tags: Elon Musk, US, Trends, Tesla, Kanye West, TSLA, Cnbc, Musk, Midwest, Chevy Bolt, West Coast Read


Tesla is transforming how cars are sold. But 27 insiders say the company's methods mean slashed pay and living under the constant threat of getting laid off. (TSLA)

Business Insider spoke with 27 current and former Tesla sales employees about the changes the company has made to their jobs and the way it sells cars. Some said they were frustrated by compensation changes that have cut their overall pay and disappointed in their store's response to the coronavirus. Others complimented Tesla's efforts to make the car-buying process more customer-friendly. Are you a current or former Tesla employee? Do you have an opinion about what it's like to work there? Co...
Tags: Elon Musk, Wtf, US, Trends, Tesla, Ford, Lincoln, West Coast, East Coast, Cnbc, Musk, Midwest, Gene Munster, Bechtel, Fremont California, Fort Collins Colorado


Elon Musk started triumphantly selling literal red satin Tesla short shorts to celebrate the firm's stock climbing, and it crashed Tesla's online store

Tesla CEO Elon Musk announced Sunday that the electric car company is selling limited-edition red satin short shorts. In the past Musk has used short shorts to taunt Tesla short-sellers. Tesla's stock had an uptick last week after the company's second-quarter earnings report beat Wall Street expectations. Visit Business Insider's homepage for more stories. Tesla CEO Elon Musk tweeted on Sunday to announce that his electric car firm was selling limited-edition branded red satin shorts. ...
Tags: Elon Musk, US, Trends, Tesla, Liberace, Musk, Yahoo Finance, Dang, Tesla CEO Elon Musk, Boring Company, David Einhorn Musk


Elon Musk is triumphantly selling literal red satin Tesla short shorts to celebrate the firm's stock climbing

Tesla CEO Elon Musk announced Sunday that the electric car company is selling limited-edition red satin short shorts. In the past Musk has used short shorts to taunt Tesla short-sellers. Tesla's stock had an uptick last week after the company's second-quarter earnings report beat Wall Street expectations. Visit Business Insider's homepage for more stories. Tesla CEO Elon Musk tweeted on Sunday to announce that his electric car firm was selling limited-edition branded red satin shorts. ...
Tags: Elon Musk, US, Trends, Tesla, Liberace, Musk, Tesla CEO Elon Musk, Boring Company, David Einhorn Musk


Watch Tesla’s meteoric rise — set to techno-remixed Elon Musk tweets

Tesla eclipsed Toyota to become the world’s largest car maker by market cap last week — truly a milestone in automotive history. While founded in 2003, it’s been 10 years since the Elon Musk-led electric car company (that also produces batteries) went public. In that time, its market value has grown spectacularly, by nearly 10,000%. [Read: Tesla short sellers lost $1.33B on Thursday’s stock pump — Musk only got richer] Yep, that’s right. 10,000%. At the end of its first day of public trading on ...
Tags: Startups, Elon Musk, Tesla, Toyota, Shift, Hard Fork


Tesla taunts short-sellers by selling 'short shorts'

After surpassing Toyota Motor Corp as the world's most valuable automaker and stunning with forecast-beating deliveries, Tesla Inc has taken time out to poke fun at the company's naysayers - with sales of red satin shorts.
Tags: Finance, Tesla, Article, Toyota Motor Corp, FBN, Fbn/markets, FOXBusiness, Fox-business/markets, Fox-business/markets/stocks, Fox-business/industries/auto, Tesla Inc, Fox-business/technology/tesla, Fox-business/business-leaders/elon-musk, Fox-business/lifestyle/cars, Jonathan Garber, B04745b9-1931-5331-b392-7c2fed927b0d


Elon Musk's ex-wife Talulah Riley issued a statement denying she was procured for Musk as a 'child bride' by Ghislaine Maxwell

Actress Talulah Riley published a statement on Saturday denying rumors that she was procured as a "child bride" for her ex-husband Elon Musk by Ghislaine Maxwell, the woman accused of trafficking underage girls for Jeffrey Epstein. Maxwell was arrested by the FBI on Thursday, and social media users began re-circulating a photo on Twitter of Musk standing next to Maxwell at a Vanity Fair party in 2014. Riley said she had seen rumors on Twitter that her relationship with Musk was set up by Maxwe...
Tags: Spacex, Elon Musk, London, California, Trends, Tesla, Fbi, Maxwell, Manhattan, Vanity Fair, Musk, Don, Riley, Jeffrey Epstein, Epstein, Ghislaine Maxwell


10 things in tech you need to know today

Good morning! This is the tech news you need to know this Monday. Uber will acquire food delivery startup Postmates in $2.6 billion all-stock deal, reports say. Sources told Bloomberg and The New York Times that the all-stock deal could be announced as soon as Monday. A group of European digital advertising groups on Friday criticized Apple's plans to require apps to seek additional permission from users before tracking them across other apps and websites. Apple last week disclosed features in...
Tags: Apple, Amazon, Elon Musk, UK, India, Trends, Tesla, Bloomberg, New York Times, Maxwell, Huawei, Financial Times, Alexa, Roposo, David Einhorn, Amazon Studios


Hydrogen vs. electric: Nikola's CEO reveals why businesses should buy the Nikola Two hydrogen-fueled truck instead of the battery-powered Tesla Semi (NKLA)

Nikola says its Nikola Two hydrogen-powered semi truck will have 500-750 miles of range, compared to the 300-500 miles Tesla has said its Semi will be able to drive between charges. Battery-powered vehicles require a trade-off between range and storage capacity, Nikola CEO Mark Russell told Business Insider. More range means a bigger battery, and less room for freight. Are you a current or former Nikola employee? Do you have an opinion about what it's like to work there? Contact this reporter ...
Tags: Europe, Elon Musk, California, Los Angeles, Trends, Tesla, North America, Phoenix, Anheuser Busch, Russell, Mark Russell, Nikola, Nikola Motor, Nikola Two, Russell Batteries, Nikola Anheuser Busch


How the cheapest Tesla Model 3 at $40,000 matches up against a loaded $45,000 Nissan Leaf. (TSLA)

I've driven the Tesla Model 3 in several different versions. I've also sampled an updated version of the Nissan Leaf. The Leaf has been in the electric-vehicle market for longer, but the Model 3 is among the best cars I've ever driven.  Last year, I tested a new, longer-range version of the Leaf: the Leaf SL Plus.  You can buy the Model 3 and the Leaf Plus for around $40,000 (the mid-range Leaf SV Plus starts at $39,750). The Tesla Model 3 is better, but the Leaf Plus has a lot going for it. V...
Tags: Facebook, California, US, Trends, Tesla, Paris, Jaguar, Epa, Electric, Audi, Nissan, US Department of Transportation, Tesla Model, Franz von Holzhausen, Nissan Leaf TSLA, Leaf s Light Gray interior


Tesla has surpassed Toyota to become more valuable than the Japanese carmaker, but Tesla isn't actually worth more. (TSLA)

Tesla surpassed Toyota in market capitalization last week, making the electric-car company the world's most financially valuable automaker. Tesla had already surpassed General Motors, Ford, and Fiat Chrysler to become the most valuable carmaker in the US. But is Tesla really worth more than Toyota? Of course not. Toyota has been extremely valuable for decades, while Tesla has only recently been deemed exceptionally valuable by investors. Tesla must remain valuable for decades to genuinely surp...
Tags: Facebook, Japan, Elon Musk, US, Trends, Tesla, Fca, TSLA, Toyota, Fiat Chrysler, Akio Toyoda, Ford General Motors, General Motors Ford, INSTITUTIONAL OWNERSHIP Tesla CEO Elon Musk, SEGMENTATION Tesla


Here's how Lordstown Motors' new Endurance electric pickup truck compares to Tesla's Cybertruck

Lordstown Motors has unveiled its flagship electric pickup truck, the Endurance. The electric pickup truck is will soon be saturated with both startups like Lordstown Motors, and veteran automakers such as Ford and Tesla. According to Lordstown Motors, the Endurance will be the first electric pickup truck to market in the US. The single-motor rear-wheel-drive Cybertruck and the Endurance have several similar specs, such as the towing capacities and range. Here is the Cybertruck and Endurance, ...
Tags: US, Trends, Tesla, Ford, Ohio, Mike Pence, Lordstown, Cybertruck, Lordstown Motors, Cybertrucks, Energy Dan Brouillette


Elon Musk denies Jeffrey Epstein toured SpaceX facilities

Elon Musk on Saturday denied that the late convicted sex offender and multimillionaire Jeffrey Epstein was given a tour of a SpaceX facility.  A photo showed Musk with Ghislaine Maxwell, Epstein's alleged co-conspirator who was arrested on Thursday, raising questions about his relationship to Musk.  In a statement to Vanity Fair last year, Musk distanced himself from Epstein, who he said was "obviously a creep."   Visit Business Insider's homepage for more stories. Elon Musk refuted rumors S...
Tags: Facebook, Mark Zuckerberg, Spacex, Elon Musk, London, Trends, Tesla, Yale, Bill Clinton, Maxwell, Manhattan, Donald Trump, Vanity Fair, Musk, Business Insider, Elon


Nikola's CEO gives the biggest reason why businesses should buy the Nikola Two instead of Tesla's Semi truck (NKLA)

Nikola says its Nikola Two hydrogen-powered semi truck will have 500-750 miles of range, compared to the 300-500 miles Tesla has said its Semi will be able to drive between charges. Battery-powered vehicles require a trade-off between range and storage capacity, Nikola CEO Mark Russell told Business Insider. More range means a bigger battery, and less room for freight. Are you a current or former Nikola employee? Do you have an opinion about what it's like to work there? Contact this reporter ...
Tags: Europe, Elon Musk, California, Los Angeles, Trends, Tesla, North America, Phoenix, Anheuser Busch, Russell, Mark Russell, Nikola, Nikola Motor, Nikola Two, Russell Batteries, Nikola Anheuser Busch



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