Panasonic will stop producing solar cells at Tesla’s Buffalo plant by the end of May and leave the factory entirely by the end of September. Tesla told the state of New York that Panasonic’s withdrawal won’t affect its operations at the Buffalo factory. Panasonic is working to move away from unprofitable businesses as it struggles… Continue reading Panasonic is pulling out of Tesla’s troubled solar factory (TSLA, PC)
Author: Business Insider
Uber is putting video ads on top of its cars, and it’s ramping up with 1,000 vehicles across three US cities
Uber has signed a deal ad-tech company Adomni and has created a whole new wing of its business dedicated to putting advertising on cars, Adweek reports. Initially Uber will run a pilot test in three US cities, placing advertising car-toppers on 1,000 vehicles. The pilot will run until April 1. This marks a major new… Continue reading Uber is putting video ads on top of its cars, and it’s ramping up with 1,000 vehicles across three US cities
Nio, the Tesla of China, surges 35% after confirming talks for $1.4 billion in government funding (NIO)
Ng Han Guan/Associated Press One of Tesla’s main competitors in China is a step closer to securing funding for additional plants in the region. Shares of Nio surged as much as 35% in early trading Tuesday after the company confirmed that it is in talks with the municipal government of Hefei, where its main manufacturing… Continue reading Nio, the Tesla of China, surges 35% after confirming talks for $1.4 billion in government funding (NIO)
A look at the demanding schedule of Elon Musk, who plans his day in 5-minute slots, constantly multitasks, and avoids phone calls
Musk kicks off his day bright and early, rising at about 7 a.m. In a Reddit AMA, he said he usually gets “almost exactly 6 hours on average.” Justin Sullivan / Getty Images Source: Business Insider Musk usually skips breakfast. Occasionally, he will slow down long enough to grab a quick coffee and an omelette.… Continue reading A look at the demanding schedule of Elon Musk, who plans his day in 5-minute slots, constantly multitasks, and avoids phone calls
Uber shuts its Los Angeles office and reportedly lays off about 80 people
Uber is closing its Los Angeles office, reportedly laying off about 80 staff members. According to the Los Angeles Times, the staff were informed, without warning, that their jobs would be shifted to Manila in the Philippines. The ride-hailing giant has reportedly culled more than 1,000 workers since going public last May. Earlier this month,… Continue reading Uber shuts its Los Angeles office and reportedly lays off about 80 people
Elon Musk just criticized the artificial intelligence company he helped found — and said his confidence in the safety of its AI is ‘not high’
Elon Musk criticized OpenAI, one of the world’s top AI research organizations, saying it lacks transparency and that his confidence in its technology’s safety is “not high.” OpenAI is racing to be the first to build a machine with the reasoning powers of a human mind. Musk himself is one of OpenAI’s founders — he… Continue reading Elon Musk just criticized the artificial intelligence company he helped found — and said his confidence in the safety of its AI is ‘not high’
The CEO of a scooter startup owned by Ford explains why it’s a good thing that his employees are unionizing — and how it could help Spin get a leg up on Bird and Lime
Forty workers who manage Spin’s fleet of scooters in December voted to unionize. Even before the decision, the Ford-owned startup had classified the workers as employees instead of independent contractors, giving them access to the associated benefits that come with employment. In an interview, Spin’s founder explained why the investments in training and benefits may… Continue reading The CEO of a scooter startup owned by Ford explains why it’s a good thing that his employees are unionizing — and how it could help Spin get a leg up on Bird and Lime
A leaked copy of Tesla’s employee handbook reveals exactly how it expects workers to push boundaries and help the company succeed (TSLA)
Tesla’s employee handbook, titled “The Anti-Handbook Handbook,” positions the company as an outlier in the auto and tech industries. The document sets a high bar for employees. Its main idea is that a Tesla employee is expected to do everything in their power to maximize their performance, even if that means reaching out directly to… Continue reading A leaked copy of Tesla’s employee handbook reveals exactly how it expects workers to push boundaries and help the company succeed (TSLA)
Tesla quietly disabled the autopilot feature on a Model S
A Tesla Model S sold via a third-party dealer had its Autopilot and self-driving features remotely disabled by the company. The owner discovered Tesla had performed an “audit” of the car three days after selling it to the dealer he subsequently bought it from, and decided the autopilot features (totalling $8,000) had not been paid… Continue reading Tesla quietly disabled the autopilot feature on a Model S
Waymo’s self-driving car workers reportedly complain about finding leftover needles in the vehicles and a cut to their benefits (GOOGL)
Drivers of self-driving Waymo cars in the Phoenix suburbs have seen their benefits cut since shifting to working for the company as “vendors” instead of “contractors,” drivers told The Verge. They said vacation days went from 25 unpaid to five paid and five unpaid, according to the report. Drivers also complained about health benefits and… Continue reading Waymo’s self-driving car workers reportedly complain about finding leftover needles in the vehicles and a cut to their benefits (GOOGL)