Meredith Whittaker has had it with the “frat house” contingent of the tech industry. I sat down with the CEO of Signal at VivaTech in Paris to go over the wide range of serious, grown-up issues society is facing, from disinformation, to who controls AI, to the encroaching surveillance state. In the course of our […]
The European Union has deepened the investigation of Elon Musk-owned social network, X, that it opened back in December under the bloc’s online governance and content moderation rulebook, the Digital Services Act (DSA). Confirmed breaches of the regime could be expensive for Musk, since enforcers are empowered to issue fines of up to 6% of
EU grills Elon Musk’s X about content moderation and deepfake risks Read More »
Tesla CEO Elon Musk has said that lidar sensors are a “crutch” for autonomous vehicles. But his company has bought so many from Luminar that Tesla is now the lidar-maker’s top customer. Tesla accounted for “more than 10%” of Luminar’s revenue in the first quarter of 2024, or a little more than $2 million, the
Tesla is Luminar’s largest lidar customer Read More »
Tesla has gutted its charging team in a new round of layoffs, despite recently winning over major automakers like Ford and General Motors and making its connector the de facto standard in North America. Tesla’s Supercharger network has long been seen as one of its greatest competitive advantages. It’s widely available, has far better uptime
Elon Musk guts Tesla’s charging team after winning over major automakers Read More »
TechCrunch recently broke the news that Elon Musk’s xAI is raising $6 billion at a pre-money valuation of $18 billion. The deal hasn’t closed yet, so the numbers could change. But it sounds like Musk is making an ambitious pitch to investors about his 10-month-old startup — a rival to OpenAI, which he also co-founded
TechCrunch Minute: Elon Musk’s big plans for xAI include raising $6 billion Read More »
The National Highway Traffic Safety Administration closed a long-standing investigation into Tesla’s Autopilot driver assistance system after reviewing hundreds of crashes involving its misuse, including 13 that were fatal and “many more involving serious injuries.” At the same time, NHTSA is opening a new investigation to evaluate whether the Autopilot recall fix that Tesla implemented
Tesla Autopilot investigation closed after feds find 13 fatal crashes related to misuse Read More »
Tesla’s been undergoing some major changes, and now we have a sense of why: The company says it is upending its product roadmap because of “pressure” on EV sales. The new and accelerated plan now includes “more affordable models” that the company claims will be launched next year. Or if Tesla CEO Elon Musk is
Tesla’s new growth plan is centered around mysterious cheaper models Read More »
Tesla profits fell 55% to $1.13 billion in the first quarter from the same year-ago period as a protracted EV price-cutting strategy and “several unforeseen challenges” cut into the automaker’s bottom line. Tesla reported revenue of $21.3 billion in the first quarter, a 9% drop from the first quarter of 2023. Analysts polled by Yahoo Finance
Tesla profits drop 55%, company says EV sales ‘under pressure’ from hybrids Read More »
Tesla investors, still digesting a 43% drop in share price since the beginning of the year, are gearing up for what will likely be unimpressive financial results for the first quarter and a shift in priorities for CEO Elon Musk, who is making more moves to go “balls to the wall for autonomy.” Tesla is expected to
Tesla earnings week spotlights EV price cuts, ‘balls to the wall’ autonomy push Read More »
