Recent developments have shed light on a significant investigation involving Tesla, the innovative electric vehicle and technology company. The Manhattan federal prosecutors and the Securities and Exchange Commission (SEC) have embarked on separate inquiries concerning the allocation of Tesla's funds for a clandestine venture referred to internally as the 'glass house' project. Sources familiar with …
In an incident that sent shockwaves through the tech industry, a colossal data breach unfolded within Elon Musk's Tesla, impacting a staggering 75,735 individuals. The breach, which came to light in May, had its origins in a case of "insider wrongdoing," tarnishing the reputation of the Austin, Texas-based automotive giant. Among those affected by this …
On Monday, Elon Musk admitted that version 9.2 of Tesla’s Full Self-Driving (FSD) Beta was “not great.” He also said that the Autopilot/AI team was working hard to improve it as quickly as possible. He said that the company was looking at a single stack that would work in both highways and city streets. However, …
Tesla has revealed surging profits, in spite of shortages of semiconductor chips and blockage at ports hampering production. Deals rose to $12bn (£8.6bn) in the three months to the furthest limit of June, up from $6bn per year prior, when its US production line was closed down. The electric carmaker said it conveyed a record …
To be frank, there is always some chance that Cybertruck will flop, because it is so unlike anything else. I don’t care. I love it so much even if others don’t. Other trucks look like copies of the same thing, but Cybertruck looks like it was made by aliens from the future.— Elon Musk (@elonmusk) …
Electrification is acquiring pace in the car business of India, with an ever-increasing number of carmakers getting on board with that fad. By 2022, there are a lot of electric vehicles planned to show up in our market, going from passage-level moderate models to extravagance EVs from carmakers like Audi and Jaguar. However, there are …
Elon Musk's company is successfully progressing on the Starlink project. While Musk says it will be a landmark project, his rival company's view is different. Stephane Israel, president of Arianespace, a rival company for SpaceX , warns that this could lead to monopoly. He feels that allowing SpaceX to deploy more satellites into …
Sunday is the day when the stock markets are closed, but for the crypto traders every day is open. The crypto market trades every day and 24/7. On the Sunday morning in the Western world where most crypto traders exist, the market opened with strong bears ending in a crash. The entire week has been …
