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“#GM aims to double its revenue by 2030 in challenge to Tesla” General Motors Chief Executive Mary Barra told investors Wednesday the automaker plans to double revenue by 2030, expanding profits from combustion vehicles as it rolls out new electric vehicles and new digitally-powered services in a bid to catch up with Tesla. If GM succeeds,…
“#Tesla ordered to pay $137M to ex-worker over racist work culture” A San Francisco federal court ordered Tesla to pay a whopping $137 million to a former contractor who’s black after the Elon Musk-helmed carmaker allowed a racist workplace culture to fester. The ex-employee, Owen Diaz, a former contractor who was hired through a staffing…
“# Crypto is impossible to destroy, says Tesla CEO Elon Musk ” As global regulators continue to scrutinize the cryptocurrency industry, Tesla CEO Elon Musk has expressed support for crypto, calling it undestroyable. “It is not possible to, I think, destroy crypto, but it is possible for governments to slow down its advancement,” Musk said…
“#Texas cops sue Tesla over ‘autopilot’ crash that allegedly injured 5 officers” Tesla was hit with a lawsuit Monday from five Texas cops who say they were injured when a Model X on “autopilot” mode plowed into them during a traffic stop. The five cops say they were left with “severe injuries and permanent disabilities”…
“#Elon Musk predicts global chip shortage will end next year” Tesla CEO Elon Musk said on Friday that thanks to new semiconductor plants that are planned or under construction, the global chip shortage that has pummeled the car industry this year should be short term in nature. Asked how long he thought the global chip shortage would affect…
“#NTSB seeks video, photos of fiery South Florida Tesla crash” U.S. safety investigators are asking anyone who witnessed a fiery Tesla crash last week near Miami that killed two people to send them video or photos taken at the scene. The National Transportation Safety Board sent three investigators to the Sept. 13 crash in Coral…
“# YouTuber trades Tesla Roadster for NFT ” Dan Markham, the creator of the 7-million subscriber What’s Inside YouTube channel, has traded his Tesla Roadster for a single non-fungible token. In a Sept. 15 video on his What’s Inside Family channel, Markham exchanged a blue Tesla Roadster — which he estimated could be worth “a…
“# MicroStrategy’s Bitcoin treasury exceeds cash held by 80% of S&P 500 non-financial companies ” The value of MicroStrategy’s massive Bitcoin (BTC) holdings has surpassed what most S&P 500 companies hold in their cash treasuries. The Nasdaq-listed enterprise software firm purchased an additional 5,050 Bitcoin for about $242.9 million, raising the value of its 114,042 BTC holdings…
“#NHTSA records ‘auto-pilot’ crash into state trooper as 12th for Tesla” US auto safety regulators said on Wednesday they had identified a 12th crash involving Tesla vehicles that were using advanced driver-assistance systems in incidents involving emergency vehicles. The National Highway Traffic Safety Administration on Aug. 16 said it had opened a formal safety probe into Tesla driver…
“#Tesla vehicle on autopilot crashes into Florida cop cruiser” A Tesla vehicle operating on autopilot slammed into a Florida police cruiser on a highway near Orlando on Saturday, just days after CEO Elon Musk admitted faults with the experimental self-driving software amid a federal investigation into the system. The crash happened just before 5 a.m….