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Nov 9 (Reuters) – Twitter’s new owner Elon Musk told advertisers on Wednesday he aimed to turn the social media platform into a force for truth and stop fake accounts in an effort to assuage brands and advertising agencies that have increasingly been backing away. Days after Twitter rattled users and advertisers by cutting half… Continue reading Gallery

Rivian Lost $1.7 Billion in the Third Quarter

Rivian, an electric vehicle start-up that aims to compete with Tesla, on Wednesday reported another substantial quarterly loss as it worked to increase production. The company said it lost $1.7 billion in the three months that ended in September, compared with a loss of $1.2 billion in the same period a year earlier. Rivian has… Continue reading Rivian Lost $1.7 Billion in the Third Quarter

Tesla vehicles will soon have Zoom video conferencing

Zoom is working with Tesla to bring video conferencing into its vehicles. The announcement, made at the 2022 Zoomtopia conference, was light on details. But according to Zoom’s group product manager Nitasha Walia, the video conferencing feature “will come standard on all new Tesla models soon.” “You’ve been zooming from your home, your office, your… Continue reading Tesla vehicles will soon have Zoom video conferencing

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Nov 9 (Reuters) – Rivian Automotive Inc (RIVN.O) missed Wall Street estimates for third-quarter revenue, but shares rose after hours as the electric-vehicle maker reported a smaller-than-expected loss, reaffirmed its full-year production outlook and reported a higher number of preorders. The company, which went public a year ago, also said its smaller R2 vehicle family… Continue reading Gallery

Tesla to allow salvaged vehicles back on Supercharger network

Good news for Tesla tinkerers with salvaged vehicles. Tesla is establishing a process to allow them back on the Supercharger network – something that has been a big issue for them over the last few years. In 2020, Tesla blocked access to Supercharging and third-party fast-charging to all salvaged vehicles. It was a big blow… Continue reading Tesla to allow salvaged vehicles back on Supercharger network

Tesla, Zoom announce team-up for in-car video conferencing

Tesla and Zoom have announced that they are officially teaming up to bring video conferencing inside Tesla vehicles. Over the last few years, Tesla has invested heavily in features that are aimed to be useful for the in-car experience when its vehicles become self-driving. I am talking about in-car video games and Tesla Theater, which… Continue reading Tesla, Zoom announce team-up for in-car video conferencing

Tesla is building a ‘unique new R&D facility’ in Detroit’s backyard

Tesla is reportedly building a new “unique EV research, testing, repair, and maintenance facility” in Detroit’s backyard, but it sounds like it could simply be a collision center. According to a report in Crain’s Detroit Business journal, Tesla has just received approval from Southfield, a town in the suburbs of Detroit, to build a “unique”… Continue reading Tesla is building a ‘unique new R&D facility’ in Detroit’s backyard

Tesla sinks to almost two-year low on Elon Musk stock sales, Twitter distraction

Tesla CEO Elon Musk speaks at an event in Hawthorne, California April 30, 2015. Patrick T. Fallon | Reuters Tesla shares dropped more than 7% on Wednesday to close at $177.59, their lowest since November 2020, after CEO Elon Musk disclosed the sale of close to $4 billion worth of stock in the electric car… Continue reading Tesla sinks to almost two-year low on Elon Musk stock sales, Twitter distraction

Volvo reveals new $80,000 electric SUV with Luminar lidar

Volvo EX90 Volvo Volvo’s plans to exclusively sell all-electric vehicles by 2030 kicked off Wednesday with the reveal of its EX90 – the first in a new lineup of EVs for the Swedish automaker. The carmaker is calling the seven-seat SUV its new flagship vehicle, starting at just under $80,000. The company said production of… Continue reading Volvo reveals new $80,000 electric SUV with Luminar lidar

Elon Musk sells $3.95 billion worth of Tesla stock

Twitter’s new owner and Tesla CEO Elon Musk has sold nearly $4 billion worth of Tesla shares, according to regulatory filings. Musk, who bought Twitter for $44 billion, sold 19.5 million shares of the electric car company from Nov. 4 to Nov. 8, according to Tuesday’s filings with the Securities and Exchange Commission. He sold… Continue reading Elon Musk sells $3.95 billion worth of Tesla stock