Tesla made $1.6 billion in Q3, is switching to LFP batteries globally
The lithium iron phosphate cells are less energy-dense but much longer-lived. Enlarge / A Tesla factory. (credit: Getty Images) Tesla made a profit of $1.6 billion in the third quarter of 2021. It built 237,823 cars and delive.....»»
In Tesla Autopilot probe, U.S. prosecutors focus on securities, wire fraud
U.S. prosecutors are examining whether Tesla committed securities or wire fraud by misleading investors and consumers about its electric vehicles’ self-driving capabilities, three people familiar with the matter told Reuters. .....»»
GM tries to lure Tesla’s jilted interns during mass downsizing
General Motors Co. hopes to take advantage of Tesla Inc.’s downsizing, with a company recruiter reaching out to former interns who were sent packing by the electric-vehicle maker......»»
Tesla Fires Bulk of Supercharger Team in Blow to Other Automakers
The decision to cut the nearly 500-person group, including its senior director, Rebecca Tinucci, was made by Chief Executive Officer Elon Musk. Tesla Inc. eliminated almost its entire Supercharger organization, which has built a vas.....»»
Esports Unleashed: How Competitive Gaming is Transforming the Digital Arena
In recent years, esports has experienced an explosive growth trajectory, fundamentally altering the landscape of digital entertainment. From its origins in casual competitive gaming to its current status as a billion-dollar industry, esports has pave.....»»
Rivian"s Q1 net loss widens to $1.45 billion as revenue nearly doubles to $1.2 billion
Rivian's first-quarter deliveries surged 71 percent to 13,588 while production rose 48 percent to 13,980. Rivian expects to build 57,000 vehicles this year, about the same as last year......»»
Despite Elon Musk"s criticisms, Tesla might use lidar sensors after all
Tesla is buying lidar sensors, according to Luminar Technologies Inc., a development that marks an 180-degree turnaround from Elon Musk's earlier deriding of the laser-based sensors......»»
Study underscores new strategies to fight drug-resistant bacteria
Several billion years ago, a genetic arms race began between bacteria and their viral killers. This seemingly eternal struggle continues today, with implications for diseases killing tens of thousands of people around the world each year......»»
NHTSA sends Tesla massive data request as it investigates Autopilot recall
Tesla has until July 1 to comply with the data request about its Autopilot recall. Enlarge (credit: Brandon Bell/Getty Images) The federal government has given Tesla quite the homework assignment. The electric automaker.....»»
Tesla Autopilot probe escalates with U.S. regulator’s data demands
Tesla Inc. is facing a July 1 deadline to furnish U.S. regulators with information about its biggest-ever recall because drivers using Autopilot keep crashing while using the system......»»
Little-known self-driving startup raises $1 billion from Nvidia, Microsoft, SoftBank
Wayve is a UK startup with an AI-focused approach to solving autonomy for cars. It's akin to a vehicular version of ChatGPT......»»
Tesla announces fourth round of layoffs in four weeks
The latest cuts affect engineers, HR, and service advisers. Enlarge (credit: Karol Serewis/SOPA Images/LightRocket via Getty Images) On Sunday night, even more Tesla workers learned they were no longer employed by the c.....»»
Tesla lays off more staff in software, service teams
Electric-vehicle maker Tesla has launched another round of layoffs including staff from the software, service and engineering departments, Electrek reported Monday, citing emails and sources familiar with the matter......»»
Study of new method used to preserve privacy with US census data suggests accuracy has suffered
A small team of political scientists, statisticians and data scientists from Harvard University, New York University, and Yale University, has found that by switching to a new method to better protect privacy, the U.S. Census Department has introduce.....»»
Astronomers observe elusive stellar light surrounding ancient quasars
MIT astronomers have observed the elusive starlight surrounding some of the earliest quasars in the universe. The distant signals, which trace back more than 13 billion years to the universe's infancy, are revealing clues to how the very first black.....»»
AI in space: Karpathy suggests AI chatbots as interstellar messengers to alien civilizations
Andrej Karpathy muses about sending a LLM binary that could "wake up" and answer questions. Enlarge (credit: Getty Images) On Thursday, renowned AI researcher Andrej Karpathy, formerly of OpenAI and Tesla, tweeted a ligh.....»»
American Axle revenue, profit climb in first quarter
American Axle & Manufacturing Holdings Inc. increased revenue and profit in the first quarter thanks to steadier production from its customers. The automotive supplier saw year-over-year revenue growth of 7 percent to $1.6 billion during the period,.....»»
What’s happening at Tesla? Here’s what experts think.
Can things be turned around at Tesla, or is this the beginning of the end? Enlarge (credit: Aurich Lawson | Getty Images | Beata Zawrzel) No car company in recent years has been able to generate more news headlines than.....»»
Carvana CEO Ernie Garcia and his father make $11 billion in 3,000% stock rebound
The one-day surge in Carvana shares pushed the older Garcia’s fortune to $10.9 billion from a 2022 low of $3.1 billion, while his son’s net worth climbed to $3.8 billion, according to the Bloomberg Billionaires Index......»»
Research explores energy and land-use practices on US golf courses
In 2018, golf was estimated to contribute significantly to the US economy, generating $84 billion, supporting 2 million jobs, and providing $59 billion in compensation. Given its prominence, golf holds a valuable position within US culture. However,.....»»
Tim Cook says DOJ antitrust lawsuit against Apple is ‘misguided’
Apple on Thursday announced its earnings for the second fiscal quarter of 2024, slightly beating expectations with $90.75 billion in revenue. During an interview, Cook also took a moment to talk about the US Department of Justice’s (DOJ) antitrust.....»»