Faraday Future is revamping its board, cutting the pay of two top executives and suspending at least one other, following an internal investigation that determined employees made inaccurate statements to investors and that its “corporate culture failed to sufficiently prioritize compliance,” according to a regulatory filing. Faraday Future, which has had a long string of… Continue reading EV SPAC Faraday Future is restructuring leadership following review of inaccurate statements to investors
Category: Tech News
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Tesla Says It’s Updating Self-Driving Cars to No Longer Break the Law
Tesla has agreed to update the software on almost 54,000 of its cars because a recent “Full Self-Driving” software update allowed them to break road rules and roll through stop signs without coming to a full stop. It’s the latest sign that regulators are becoming increasingly fed up of the Elon Musk-led company’s efforts to… Continue reading Tesla Says It’s Updating Self-Driving Cars to No Longer Break the Law
GM’s Chevy Silverado EV already has 110,000 reservations
General Motors said it has secured more than 110,000 reservations for its new all-electric Chevrolet Silverado, which includes reservations from more than 240 fleet operators, Chair and CEO Mary Barra said in the company’s full-year and fourth quarter earnings letter to shareholders. The fresh reservations details on Chevy Silverado EV comes just a few weeks… Continue reading GM’s Chevy Silverado EV already has 110,000 reservations
Cruise, loaded with another $1.35B from SoftBank, opens up driverless ride-hailing to the public
Cruise is opening up its driverless robotaxi service to the public in San Francisco as the GM subsidiary creeps toward commercialization with a fresh $1.35 billion investment from SoftBank Vision Fund. SoftBank had previously committed to investing an additional $1.35 billion, on top of its initial $900 million investment, once Cruise was ready for commercial… Continue reading Cruise, loaded with another $1.35B from SoftBank, opens up driverless ride-hailing to the public
Tesla is hit by ‘safety recall’ of all Full Self-Driving Beta cars over ‘rolling stop’ feature, will have to roll it back
Tesla has been hit by a safety recall from the National Highway Traffic Safety Administration (NHTSA) on all vehicles in its Full Self-Driving Beta over a feature called “rolling stop” that allows vehicles to drive past stop signs. The automaker is going to have to roll back the feature in an upcoming software update. NHTSA… Continue reading Tesla is hit by ‘safety recall’ of all Full Self-Driving Beta cars over ‘rolling stop’ feature, will have to roll it back
Superpedestrian gets $125M to expand tech that corrects unsafe scooter riding
Shared e-scooter company Superpedestrian is gearing up to deploy its Pedestrian Defense safety system at scale, a feature that allows the company’s e-scooters to detect and correct in real time unsafe riding behaviors, like riding on sidewalks or the wrong way down a one-way street. Superpedestrian aims to build and roll out new scooters equipped… Continue reading Superpedestrian gets $125M to expand tech that corrects unsafe scooter riding
Waymo can keep some driverless data secret for another 22 days
Waymo had small win Monday in its fight to keep certain details about its autonomous vehicle operations from public view. The Alphabet-owned company filed a lawsuit last week against the California Department of Motor Vehicles to keep some information from its autonomous vehicle deployment permit, as well as emails between the company and the DMV,… Continue reading Waymo can keep some driverless data secret for another 22 days
Former Employees Say Elon Musk Was an Absolutely Terrible Boss
He barely kept in touch with the company. Absentee Leadership Leadership at Neuralink, the brain-computer interface startup cofounded by Elon Musk, has been an absolute disaster, according to a scathing new report by Fortune. We already wrote about Fortune‘s take on dysfunction at the company. But it sounds like Musk’s own leadership role at Neuralink… Continue reading Former Employees Say Elon Musk Was an Absolutely Terrible Boss
Tesla is now selling karaoke microphones in China
Tesla last week released its latest distraction product: a set of karaoke microphones dubbed TeslaMic for use in its vehicles (via Electrek) and works with accompanied in-car software. The accessory, which is only available in China for now, was released alongside a Chinese New Year software update that includes a companion karaoke app called Leishi… Continue reading Tesla is now selling karaoke microphones in China
Tesla has a new feature that will disable your seat controls if you keep messing with them
Tesla’s new vehicles rolling out of the factory will include a bizarre feature designed to prevent abuse of the seat adjustment controls. The new seats will track and measure the amount of adjustments users make and will disable the controls if they detect “excessive” changes. The feature was first identified by @greentheonly, an anonymous hacker… Continue reading Tesla has a new feature that will disable your seat controls if you keep messing with them