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“#Formal investigation opened following Tesla ‘Autopilot’ crashes” The United States government said Monday it’s opened a formal investigation into Tesla’s “Autopilot,” or partially automated driving system, after a series of crashes with parked emergency vehicles. The National Highway Traffic Safety Administration said it has identified 11 crashes since 2018 in which Teslas on Autopilot or…
“#Tesla short-seller no longer ‘hostile’ to Elon Musk’s ‘bulls–t’” After slamming Elon Musk as a “liar” for years, short-seller Carson Block says he’s come to develop a “newfound understanding” of the Tesla CEO’s “bulls**t. In a colorful letter obtained by The Post — Block’s first missive to investors since starting Muddy Waters Capital six years ago — the…
“#Elon Musk got $6.7B in compensation in 2020” Tesla CEO Elon Musk received almost $6.7 billion in compensation in 2020 — earning the tech entrepreneur over 11 times more than the country’s next highest-paid chief executive, a recent analysis found. Musk’s massive pay came in the form of stock options that give him the right…
“#Tesla to mandate masks at factory as COVID-19 cases mount” Elon Musk’s electric car company Tesla has told workers at its massive Nevada battery factory that they must wear masks indoors regardless of whether or not they’ve been vaccinated against COVID-19. Unvaccinated workers at the Reno-area plant were previously required to don face coverings indoors,…
“#How Elon Musk put the ‘sex’ into Tesla — and conquered America” Breaking into the car industry is so difficult that the last company to do it was Chrysler — in 1925. Of the established American auto brands, only Ford has never gone bankrupt. And by 2018, it appeared that the auto industry might chew…
“#The craziest perks companies are giving workers to return to office” Want a free Tesla? Just show up to the office. In lieu of simply mandating a return to the in-person daily grind, some companies are wooing workers with some tough-to-pass-up perks of getting back to work. And they’re going way beyond doling out free…
“# MicroStrategy pledges to buy more BTC despite paper loss on its holdings of $424.8M in Q2 ” Business intelligence and mobile software firm MicroStrategy has pledged to buy more Bitcoin despite reporting impairment losses of $424.8 million in Q2. This is only a paper loss however based on the price of Bitcoin at the…
“#Elon Musk bashes Apple, journalists and critics amid Tesla profits” Elon Musk slammed press coverage of Tesla crashes that may have involved its “autopilot” feature, pushed back on child-labor concerns and even took multiple digs at Apple after the electric car maker reported record results. Tesla late Monday released its second-quarter earnings, which showed that…
“# Tesla reports record $1B income for Q2 despite $23M impairment loss on BTC ” Electric vehicle and clean energy firm, Tesla, has reported $1.14 billion in net income for the second quarter. The firm’s July 26 earnings report showed that total revenue grew by 98% year on year (YOY) for Q2, increasing from $6…
“#Tesla cruises past estimates, reports electrifying quarter” Electric-car maker Tesla on Monday beat Wall Street expectations for second-quarter profit and revenue as record deliveries offset the impact of a prolonged global shortage of chips and raw materials. Shares of the world’s most valuable automaker closed up 2.2 percent, at 657.62, and rose to 667.01 in extended trading….