A court ordered Tesla to pay $480,000 to Norwegian customers who say their cars’ battery life dropped after a software update, a report says

A Norwegian court ordered Tesla to compensate 30 Model S owners with $16,000 each, a report said. A software update on the cars slowed charging speeds and cut the battery range, the owners said. Tesla has until May 30 to pay, or it can appeal. See more stories on Insider’s business page. Tesla has been… Continue reading A court ordered Tesla to pay $480,000 to Norwegian customers who say their cars’ battery life dropped after a software update, a report says

Elon Musk met with Bitcoin miners to discuss making the cryptocurrency more environmentally friendly

Elon Musk met with leading Bitcoin miners to discuss the environmental impact of their industry. In a tweet, the Tesla CEO called the proposed next steps “potentially promising.”   Bitcoin prices shot up after Musk’s tweet from about $38,000 to a peak of $39,600. See more stories on Insider’s business page. Elon Musk joined a discussion… Continue reading Elon Musk met with Bitcoin miners to discuss making the cryptocurrency more environmentally friendly

Tesla is reportedly testing lidar sensors, which Elon Musk dismissed as ‘expensive’ and ‘unnecessary’ (LAZR, TSLA)

Tesla bought lidar sensors from Luminar for testing, Bloomberg reported Monday.  Elon Musk has called lidar technology “expensive,” “unnecessary,” and a “fool’s errand.” Musk says he’ll develop self-driving tech that relies mainly on cameras instead.  See more stories on Insider’s business page. Tesla CEO Elon Musk has repeatedly derided the use of lidar sensors for… Continue reading Tesla is reportedly testing lidar sensors, which Elon Musk dismissed as ‘expensive’ and ‘unnecessary’ (LAZR, TSLA)

Tesla cars are reportedly banned from parking at some Chinese government offices over security concerns

Staff at Chinese government offices were told to not park Tesla cars at work, sources told Reuters.  Cameras in Tesla’s cars help drivers park, but have left some Chinese officials with security concerns. Tesla faces a potential regulatory clampdown from Chinese authorities.  See more stories on Insider’s business page. Some Chinese government employees have been… Continue reading Tesla cars are reportedly banned from parking at some Chinese government offices over security concerns

Elon Musk announces June delivery event for its fastest Tesla Model S yet

Tesla CEO Elon Musk announced the company will hold a delivery event for its fastest car yet in June. The Model S Plaid was initially set for February, but was pushed back due to supply chain snags. On Tesla’s website it lists the delivery dates for the Model S Plaid between August and September. See… Continue reading Elon Musk announces June delivery event for its fastest Tesla Model S yet

The self-driving industry’s Wild West days are done. An elite group of giants has taken the lead, and any challengers are likely doomed.

The gap between the self-driving industry’s leaders and their competitors is growing. The top tier includes Waymo, Cruise, Argo AI, Aurora, and Motional. Newcomers have the best chance to succeed if they target opportunities outside of ride-hailing. See more stories on Insider’s business page. In the decade after Google started working on self-driving cars, in… Continue reading The self-driving industry’s Wild West days are done. An elite group of giants has taken the lead, and any challengers are likely doomed.

Tesla says it’s working with China to investigate a crash in which a policeman reportedly died

Tesla said it is cooperating with Chinese officials in an investigation into a fatal crash. Video footage of the accident went viral in China on Tuesday, according to Bloomberg. The accident comes after a protest at the Shanghai Auto Show drew attention to Tesla safety concerns. See more stories on Insider’s business page. Tesla said… Continue reading Tesla says it’s working with China to investigate a crash in which a policeman reportedly died

The startup born from Google’s self-driving-car project plans to automate semis. Meet the leaders behind it.

Waymo Via is the trucking arm of Waymo, the Alphabet self-driving startup. Insider spoke with three of Waymo Via’s leaders about the company. Trucking is an $800 billion business in the US, so the opportunity to automate it is huge. See more stories on Insider’s business page. Waymo, formerly known as the Google self-driving-car project,… Continue reading The startup born from Google’s self-driving-car project plans to automate semis. Meet the leaders behind it.

Revealed: How much Panasonic pays hardware and software engineers as it courts battery customers beyond Tesla

Insider analyzed salary data that Panasonic North America shared with the US government. The positions included in this report include salaries ranging from $74,298 to $475,000. Are you a current or former Panasonic employee? Do you have an opinion about what it’s like to work there? Contact this reporter at lnorman@businessinsider.com. See more stories on… Continue reading Revealed: How much Panasonic pays hardware and software engineers as it courts battery customers beyond Tesla

Tesla ‘under review’ by California DMV over whether it misleads consumers with ‘full self-driving’ claims (TSLA)

California’s DMV is probing whether Tesla’s “self-driving” claims broke state law, the LA Times first reported. Tesla calls its $10,000 driver-assistance software “full self-driving” — it is not. Amid a number of Tesla crashes, the technology is coming under increasing scrutiny. See more stories on Insider’s business page. The California Department of Motor Vehicles is… Continue reading Tesla ‘under review’ by California DMV over whether it misleads consumers with ‘full self-driving’ claims (TSLA)