Elon Musk asks court to delay Twitter trial start to February 2023

Elon Musk’s lawyers allege Twitter is pushing for an unreasonably fast trial over allegations the Tesla and SpaceX CEO improperly ended his $44 billion bid to buy the social media platform, reports Bloomberg. “Twitter’s sudden request for warp speed after two months of foot-dragging and obfuscation is its latest tactic to shroud the truth about… Continue reading Elon Musk asks court to delay Twitter trial start to February 2023

Recommended Reading: Apple’s self-driving struggles

Wayne Ma, The Information By now, you’ve likely heard at least some of the rumors about Apple’s secretive automotive ambitions. The Information spoke to nearly two dozen people about the self-driving car project to chronicle all of the development, demos, prototypes and staff departures along the way.  Kate Conger and Mike Isaac, The New York… Continue reading Recommended Reading: Apple’s self-driving struggles

Microsoft, Chipmakers’ Bottom Lines Hit by Xi’s Lockdowns

(Bloomberg) — Companies from Microsoft Corp. to Texas Instruments Inc. that long benefited from supply chains that run through China are now paying a price for the country’s sweeping lockdowns that have confined millions to their homes. Most Read from Bloomberg Texas Instruments, which supplies semiconductors to automakers and tech companies, cut its revenue forecast… Continue reading Microsoft, Chipmakers’ Bottom Lines Hit by Xi’s Lockdowns

The World’s Relentless Demand for Chips Turns Deadly in Malaysia

(Bloomberg) — Hani Bin Sha’ari spent more than two decades rising through the ranks at STMicroelectronics NV’s facility in Malaysia. He prided himself on working hard to provide for his wife and four children. So when the chip plant remained open through a spike in Covid-19 infections this year, he kept doing his job. Most… Continue reading The World’s Relentless Demand for Chips Turns Deadly in Malaysia

Clean Technica: June Was Tesla’s Best Production Month Yet, Despite Low Q2 Deliveries002112

Tesla’s overall deliveries in Q2 were plagued by the COVID-19 lockdowns, which caused a 22-day production pause at its Shanghai Gigafactory. In spite of this fact, Tesla’s establishment of new Gigafactories in Berlin and Texas are already showing their upsides, beginning with impressive production in the last month of the quarter. Although Tesla only delivered 254,695… Continue reading Clean Technica: June Was Tesla’s Best Production Month Yet, Despite Low Q2 Deliveries002112

Elon Musk: Tesla is waiting for inflation to ‘calm down’ before finally reducing EV prices

Elon Musk says that Tesla is waiting for inflation to “calm down” before it can finally start reducing the prices of its electric vehicles, which have increased 20-30% over the last two years. Early in the electric vehicle revolution, one of the main complaints was the cost. EV enthusiasts counter the argument with the claim… Continue reading Elon Musk: Tesla is waiting for inflation to ‘calm down’ before finally reducing EV prices

Tesla accounts for half of China’s electric vehicle exportations

Tesla’s Model Y and Model 3 exportation from Gigafactory Shanghai accounts for half of China’s electric vehicle exportation during the first half of 2022. When Tesla first announced its plan to build a giant electric car factory in Shanghai, CEO Elon Musk said it was solely to supply China’s local demand for electric vehicles and… Continue reading Tesla accounts for half of China’s electric vehicle exportations