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“#Tesla drops radar from lower-priced cars amid ‘self-driving’ scrutiny” Tesla said it is dropping radar systems in its lower-priced electric cars in favor of cameras and other AI equipment — even as the company faces growing scrutiny over its “autonomous driving” features. Starting in May, Model 3 and Model Y Teslas sold in North America…
“# Elon Musk reminds followers he really isn’t Dogecoin’s master ” Tesla CEO Elon Musk reminded Twitter followers on Tuesday that despite the recent interest he’s taken in Dogecoin (DOGE) he still has no formal authority over the project. Musk was replying to a comment from a Doge-themed account which opined that he had taken…
“# Michael Saylor says Bitcoin Mining Council required to combat ‘hostile’ narrative ” MicroStrategy CEO, Michael Saylor has explained the details and thinking behind the formation of the Bitcoin Mining Council. The council was formed on May 25 after Saylor brokered a successful meeting between Elon Musk and several top North American Bitcoin mining firms….
“#Tesla fined in Norway for ‘throttling’ battery performance” Tesla has been accused of using software to “throttle” the charging speeds and battery capacity of its electric cars in Norway — and now faces $167 million in government-ordered payouts to angry customers. A 2019 software update for Tesla Model S cars sold in Norway between 2013…
“# Powers On… Why the SEC, CFTC or FTC needs to check in on Elon Musk’s frenzied crypto tweets ” Powers On… is a monthly opinion column from Marc Powers, who spent much of his 40-year legal career working with complex securities-related cases in the United States after a stint with the SEC. He is…
“#Tesla hikes prices of Model 3, Model Y amid chip shortages” Tesla is once again jacking up prices on its most popular electric cars, tacking on thousands of dollars as microchip shortages continue to spark production hiccups. The electric carmaker helmed by Elon Musk has hiked prices of its Model 3, its least expensive model…
“#Ford unveils electric pickup truck F-150 Lightning” Here’s a plug-in vehicle that can handle dirt roads better than a Tesla sedan — and it’s handier for construction and yard work, too. Ford revealed the electric version of its most popular pickup truck at an event in Michigan on Wednesday night, saying it expects the so-called…
“# Bitcoin price dip below $40K costs Tesla nearly 100% of its BTC profits ” Bitcoin (BTC) fell below $40,000 on May 19 as bearish sentiment continued to dictate price direction resulting in the cryptocurrency market losing $350 billion in value. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Analysts calm as BTC/USD hits 15-week lows…
“# Ark Investment tips $20M into Grayscale Ethereum Trust ” Cathie Wood’s Ark Investment has reported holdings of 639,069 shares in Grayscale’s Ethereum Trust for Q1 — currently worth around $20.9 million at today’s prices. ARK Investment has bought 639,069 shares of the Grayscale Ethereum Trust. pic.twitter.com/ofXD5F7QpA — Documenting Ethereum (@DocumentEther) May 18, 2021 The…
“#Tesla self-driving claim in question: California DMV” Tesla may be misleading consumers by advertising its vehicles as “self-driving,” according to California authorities. The state’s Department of Motor Vehicles is reviewing whether the Elon Musk-owned electric automaker is violating a law that prohibits advertising vehicles as autonomous unless the vehicle meets strict regulatory criteria. A DMV…