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Elon Musk sells $6.9 billion worth of Tesla shares, says he"ll buy them back

Elon Musk once said his money will be the "last out" of Tesla, but he's selling massive amounts of Tesla stock – again. Musk unloaded a decent chunk of his Tesla shares in April, ahead of a planned Twitter buyout. And now, according to regulato.....»»

Category: topSource:  informationweekAug 10th, 2022

Biden unveils winners of $2 billion in green tax credits

Battery-material maker Novonix, electric vehicle charger manufacturer Wallbox and rare earth producer MP Materials Corp. were among about 35 recipients of clean energy tax credits totaling nearly $2 billion that were announced Friday by the Biden adm.....»»

Category: topSource:  autonewsRelated News1 hr. 47 min. ago

Tesla"s U.S. registrations fell 25% in February, dragging the EV segment into the red

Ford, Hyundai, Kia, BMW and Rivian posted strong gains, partially offsetting Tesla's decline. The last time monthly EV registrations fell was in August 2020......»»

Category: topSource:  autonewsRelated News3 hr. 19 min. ago

Apple Pay NFC tech in iPhone will likely get opened up soon in the EU

The European Commission is set to approve Apple's opening up of Apple's NFC platform to third-party mobile wallets as soon as May, which could help save the iPhone maker from a $40 billion fine.NFC in the iPhone is chiefly used for Apple PayIn Januar.....»»

Category: appleSource:  appleinsiderRelated News4 hr. 18 min. ago

Actions needed beyond lawsuit to address social media"s influence on youth, say experts

While four Ontario school boards recently announced a $4.5-billion lawsuit against the social media giants behind Facebook, Instagram, Snapchat and TikTok, Brock University experts are calling for additional actions to address the influence popular o.....»»

Category: topSource:  physorgRelated News4 hr. 47 min. ago

Tesla recalls all 3,878 Cybertrucks over faulty accelerator pedal cover

This time there's no over-the-air software patch. Enlarge / The Tesla Cybertruck. (credit: Tesla) On Monday, we learned that Tesla had suspended customer deliveries of its stainless steel-clad electric pickup truck. Now.....»»

Category: topSource:  arstechnicaRelated News7 hr. 47 min. ago

Elon Musk apologizes after Tesla layoffs for miscalculated severance

Tesla's CEO, who is facing lawsuits over severance from former Twitter employees, admitted that payouts to some workers being laid off were too low......»»

Category: topSource:  autonewsRelated News11 hr. 19 min. ago

Tesla recalling nearly 3,900 Cybertrucks for faulty accelerator pedals, NHTSA says

A dislodged pedal could cut torque on both the accelerator and brake pedals, increasing the risk of a crash, the National Highway Traffic  Safety Administration said in its recall report on Friday......»»

Category: topSource:  autonewsRelated News11 hr. 19 min. ago

Elon Musk’s Grok keeps making up fake news based on X users’ jokes

X likely hopes to avoid liability with disclaimer that Grok "can make mistakes." Enlarge (credit: SOPA Images / Contributor | LightRocket) X's chatbot Grok is supposed to be an AI engine crunching the platform's posts to.....»»

Category: topSource:  arstechnicaRelated NewsApr 18th, 2024

Hubble discovers over 1,000 new asteroids thanks to photobombing

Astronomers have used 19 years' worth of Hubble data to detect over 1,000 previously unknown asteroids in our solar system......»»

Category: topSource:  digitaltrendsRelated NewsApr 18th, 2024

The Nintendo Switch just got 2 surprise games — and they’re both worth grabbing

Two great cozy games surprise launched on Nintendo Switch this week -- and both are worth picking up......»»

Category: topSource:  digitaltrendsRelated NewsApr 18th, 2024

Musk apologizes for "incorrectly low" Tesla severance packages

Tesla has announced it will slash its global headcount by more than 10 percent as the automaker struggles with slowing demand for electric vehicles......»»

Category: topSource:  autonewsRelated NewsApr 18th, 2024

Column: Why Tesla"s wacky Cybertruck design might force other automakers to take chances

We could very well see future pickups from mainstream automakers that are more about style and individuality than about towing heavy loads. Sports cars are impractical and yet there is still a healthy market for them. Why not trucks?.....»»

Category: topSource:  autonewsRelated NewsApr 17th, 2024

Tesla asks shareholders to approve Texas move and restore Elon Musk’s $56B pay

Tesla board calls June 13 shareholder vote on Musk's pay and move to Texas. Enlarge / Tesla CEO Elon Musk at an opening event for Tesla's Gigafactory on March 22, 2022, in Gruenheide, southeast of Berlin. (credit: Getty Images |.....»»

Category: topSource:  arstechnicaRelated NewsApr 17th, 2024

Indigenous businesses are worth billions but we don"t know enough about them

Indigenous businesses generate about A$16 billion a year in revenue and employ more than 116,000 people—almost as many as the massive Coles retail group......»»

Category: topSource:  physorgRelated NewsApr 17th, 2024

Column: Tesla"s wacky Cybertruck design might force other automakers to take chances with wildly styled vehicles

We could very well see future pickups from mainstream automakers that are more about style and individuality than about towing heavy loads. Sports cars are impractical and yet there is still a healthy market for them. Why not trucks?.....»»

Category: topSource:  autonewsRelated NewsApr 17th, 2024

Tesla asks investors to approve Musk’s $56 billion pay again

Tesla asks investors to approve Musk’s $56 billion pay again; it's the same compensation package that was voided by a Delaware court early this year......»»

Category: topSource:  autonewsRelated NewsApr 17th, 2024

Tesla Cybertruck deliveries on hold over accelerator issue, reports say

Tesla fans waiting for their Cybertruck orders said on social media that deliveries are on hold because of a loose cover on the accelerator pedal that can allegedly get stuck while driving......»»

Category: topSource:  autonewsRelated NewsApr 17th, 2024

Earth Day: How a senator"s idea more than 50 years ago got people fighting for their planet

Millions of people around the world will pause on Monday, at least for a moment, to mark Earth Day. It's an annual event founded by people who hoped to stir activism to clean up and preserve a planet that is now home to some 8 billion humans and asso.....»»

Category: topSource:  physorgRelated NewsApr 17th, 2024

Understanding next-level cyber threats

In this Help Net Security video, Trevor Hilligoss, VP of SpyCloud Labs, discusses the 2024 SpyCloud Identity Exposure Report, an annual report examining the latest trends in cybercrime and its impact. Researchers recaptured nearly 1.38 billion passwo.....»»

Category: securitySource:  netsecurityRelated NewsApr 17th, 2024

5 reasons Elon Musk is cutting jobs at Tesla ahead of Q1 earnings

"About every five years, we need to reorganize and streamline the company for the next phase of growth," CEO Elon Musk said. Tesla reports earnings April 23 after global sales fell 8.5 percent last quarter on weak demand......»»

Category: topSource:  autonewsRelated NewsApr 17th, 2024