Elon Musk says that Tesla is tracking to have a working prototype humanoid robot, Tesla Optimus, by the end of September. Last month, Musk announced “Tesla AI Day #2” with “many cool updates” on August 19. The original “Tesla AI Day” held last year was an event focused on the company’s self-driving program. The automaker also… Continue reading Tesla is tracking to have a working prototype humanoid robot by the end of September
Tag: Tesla
@Toyota: Toyota to Collaborate with Redwood Materials on a Sustainable, Closed-Loop Electrified Vehicle Battery Ecosystem
Areas include end-of-life battery solutions for its battery ecosystem, including battery collection, testing & evaluation, remanufacturing, recycling and battery materials production PLANO, Texas and CARSON CITY, Nev. (June 21, 2022) – Toyota Motor North America (Toyota), as part of its commitment to reduce its environmental footprint year after year and achieve carbon neutrality by 2050,… Continue reading @Toyota: Toyota to Collaborate with Redwood Materials on a Sustainable, Closed-Loop Electrified Vehicle Battery Ecosystem
EV Roundup: NIO’s ES7 Launch, ELMS Bankruptcy Filing & More
As inflation continues to bite, more and more automakers are being forced to hike the prices of their models on soaring costs of commodity parts, technology, raw materials and logistics of late. Last week, electric vehicle (EV) behemoth Tesla TSLA raised prices across its lineup, with Model X up by $6,000. U.S. legacy automaker General… Continue reading EV Roundup: NIO’s ES7 Launch, ELMS Bankruptcy Filing & More
Goldman Sachs: ‘We now see recession risk as higher and more front-loaded’
Goldman Sachs strategists are starting to change their tune on the potential for a U.S. recession. “We now see recession risk as higher and more front-loaded,” Goldman Sachs Chief Economist Jan Hatzius wrote in a new note to clients. “The main reasons are that our baseline growth path is now lower and that we are… Continue reading Goldman Sachs: ‘We now see recession risk as higher and more front-loaded’
Desi Tesla? Global meltdown makes Indian EV stock trade close to Tesla’s valuation
New Delhi: The ongoing meltdown in global stocks, particularly in high-flying tech stocks, has managed to bring the valuations of Tesla closer to Indian midcap EV stock Sona BLW Precision Forgings, also known as Sona Comstar. With US stocks entering a bear market because of soaring inflation and higher interest rates that threaten to trigger… Continue reading Desi Tesla? Global meltdown makes Indian EV stock trade close to Tesla’s valuation
The 2023 Ineos Grenadier puts the off-roading experience first – Toronto Star
For those looking for an off-road driving experience that goes back to the roots, the Ineos Grenadier is a fresh take on the genre – even if it doesn’t necessarily look it. Before we go any further regarding the Ineos’ take on the Land Rover Defender, it’s worth noting that Ineos automotive executive vice-president of… Continue reading The 2023 Ineos Grenadier puts the off-roading experience first – Toronto Star
Elon Musk moves Tesla layoff target from 10% to 3% of employees
Elon Musk has now moved the target for the new wave of layoffs at Tesla from 10% reduction of the workforce to 3% of employees. Earlier this month, we reported on Musk telling Tesla executives in an email that they need to cut 10% of the workforce and pause hiring due to having a “super-bad feeling” about… Continue reading Elon Musk moves Tesla layoff target from 10% to 3% of employees
Tesla to cut salaried workforce by 10% over three months: Elon Musk
Electric carmaker Tesla will reduce its salaried workforce by roughly 10% over the next three months, Chief Executive Elon Musk said on Tuesday. The cuts would amount to about a 3.5% reduction in total headcount at the company, Musk said at the Qatar Economic Forum organised by Bloomberg. Reuters Go to Source
Musk hints Tesla could bring back ‘Enhanced Autopilot’ worldwide
San Francisco: Elon Musk has hinted that Tesla may bring back “Enhanced Autopilot” for those interested in a more immersive semi-autonomous driving experience than Basic Autopilot, but are unwilling to pay $12,000 for the company’s more advanced Full Self-Driving (FSD) suite. In early 2019, Tesla removed Enhanced Autopilot as it transitioned all vehicles to receive… Continue reading Musk hints Tesla could bring back ‘Enhanced Autopilot’ worldwide
Musk’s Starlink aid to Ukraine triggers scrutiny in China over US military links
‘Silicon Valley Iron Man’ under pressure over satellites as Chinese rivals close in on Tesla Go to Source