Sens. Blumenthal and Markey have asked the FTC to investigate Tesla over its Autopilot claims. The company’s self-driving technology has been involved in numerous accidents and fatalities. Musk’s statements “demonstrate a deeply concerning disregard for the safety of those on the road,” they said. Loading Something is loading. Two US senators have called on the… Continue reading Two senators are calling on the FTC to investigate Tesla’s ‘deceptive and unfair’ claims about Autopilot and Full Self-Driving software (TSLA)
Author: Business Insider
Elon Musk’s girlfriend Grimes shared a TikTok video of their son X AE A-Xii and the family’s vacation in Italy
Grimes shared a glimpse of her son X AE A-Xii in a TikTok on Tuesday. The video shows a montage of the singer’s trip to Italy with her boyfriend Elon Musk. Last week, the family was photographed in Florence with the mayor of the city. Loading Something is loading. Grimes shared some rare footage of… Continue reading Elon Musk’s girlfriend Grimes shared a TikTok video of their son X AE A-Xii and the family’s vacation in Italy
‘Big Short’ investor Michael Burry is betting against Cathie Wood — after predicting the Ark Invest chief’s downfall
Michael Burry. Astrid Stawiarz/Getty Images Michael Burry revealed a bet against Cathie Wood’s flagship Ark ETF this week. “The Big Short” investor predicted her downfall and suggested the next crash will catch her out. Burry has criticized several of Wood’s favorite holdings including Tesla and bitcoin. See more stories on Insider’s business page. Michael Burry… Continue reading ‘Big Short’ investor Michael Burry is betting against Cathie Wood — after predicting the Ark Invest chief’s downfall
Here’s how much Uber pays its employees, from project managers to UX researchers (UBER)
Companies have to tell the US government how much they pay employees from outside the US. That data is available to the public. Insider analyzed Uber’s salary data from Q4 2020 through Q2 2021. See more stories on Insider’s business page. After a difficult 2020 that saw the company lay off around 25% of its… Continue reading Here’s how much Uber pays its employees, from project managers to UX researchers (UBER)
‘Big Short’ investor Michael Burry is betting against Elon Musk and Cathie Wood. Here’s what he bought and sold in Q2.
Michael Burry. Bloomberg Risk Takers Michael Burry bet against Cathie Wood’s Ark and Elon Musk’s Tesla last quarter. “The Big Short” investor surprisingly added a technology SPAC to his stock portfolio. Burry bought Discovery stock and Walmart call options, and sold his stake in Occidental Petroleum. See more stories on Insider’s business page. Michael Burry… Continue reading ‘Big Short’ investor Michael Burry is betting against Elon Musk and Cathie Wood. Here’s what he bought and sold in Q2.
A Tesla manufacturing chief turned VC reveals what he looks for in self-driving and mobility startups and founders
Former Tesla production VP Greg Reichow is a partner at early-stage VC firm Eclipse Ventures. Of the 3,000 startups that approach Eclipse annually, the firm invests in about 10. Reichow revealed what he looks for when deciding to bet on a company and its founders. Former Tesla vice president turned venture capitalist Greg Reichow says… Continue reading A Tesla manufacturing chief turned VC reveals what he looks for in self-driving and mobility startups and founders
From Ashton Kutcher to Elon Musk and Jack Dorsey, fanatical Bitcoin investors are poised to take a larger role in politics
Crypto investors are poised to take a more active role in US politics. In August, the crypto community took a stand against a tax provision in the infrastructure bill. While the group was unable to amend the bill, the effort points to future clashes in Washington. Loading Something is loading. Crypto investors have begun to… Continue reading From Ashton Kutcher to Elon Musk and Jack Dorsey, fanatical Bitcoin investors are poised to take a larger role in politics
A Tesla Model 3 crashed at a school, injuring 6 children and an adult. An 8-year-old boy was airlifted to hospital.
A crash involving a Tesla Model 3 left an eight-year-old boy with serious injuries. Seven people were injured in the crash Monday at a school in southern England, local police said. The driver wasn’t injured, police added. Loading Something is loading. A Tesla Model 3 crash at a school in southern England left six children… Continue reading A Tesla Model 3 crashed at a school, injuring 6 children and an adult. An 8-year-old boy was airlifted to hospital.
Firefighters tackling a Tesla blaze in Austin said they had to use 40 times more water than for a regular vehicle fire because of the car’s lithium battery cells
Firefighters used 40 times more water to contain a Tesla fire than for a regular car fire, they said. They struggled because of the lithium battery cells powering the Tesla Model X, they said. Tesla maintains that its electric cars are the “safest in the world.” Loading Something is loading. Firefighters had to use 40… Continue reading Firefighters tackling a Tesla blaze in Austin said they had to use 40 times more water than for a regular vehicle fire because of the car’s lithium battery cells
‘Big Short’ investor Michael Burry ramps up his bet against Tesla — and reveals a new wager against Cathie Wood’s Ark Invest
Michael Burry. Jim Spellman/Getty Images Michael Burry raised his bet against Tesla and revealed a new wager against Cathie Wood’s Ark. The “Big Short” investor disclosed puts on about 1.1 million Tesla shares, up from 800,000. Burry’s Scion Asset Management also bought puts on 235,500 shares of Wood’s Ark Innovation ETF. See more stories on… Continue reading ‘Big Short’ investor Michael Burry ramps up his bet against Tesla — and reveals a new wager against Cathie Wood’s Ark Invest