Elon Musk says that Lucid and Rivian are tracking toward bankruptcy

Elon Musk says that electric vehicle startups Lucid and Rivian are tracking toward bankruptcy unless something changes. During an interview with the Tesla Silicon Valley Owners Club, Tesla CEO Elon Musk said that both Lucid Motors and Rivian, two US-based electric vehicle startups, are trending toward bankruptcy. The CEO said: Unless something changes significantly with… Continue reading Elon Musk says that Lucid and Rivian are tracking toward bankruptcy

Here’s why Bloomberg thinks Volkswagen’s EV sales will overtake Tesla’s by 2024

According to a comprehensive report published this morning by research firm Bloomberg Intelligence, Tesla will hold its global crown for EV sales for the next 18 months but will then be usurped by Volkswagen electric vehicles. The full BEV outlook report predicts that many legacy automakers will lag in sales through 2025, but Volkswagen is… Continue reading Here’s why Bloomberg thinks Volkswagen’s EV sales will overtake Tesla’s by 2024

Data likely shows Teslas on Autopilot crash more than rivals

Detroit – The government will soon release data on collisions involving vehicles with autonomous or partially automated driving systems that will likely single out Tesla for a disproportionately high number of such crashes. In coming days, the National Highway Traffic Safety Administration plans to issue figures it has been gathering for nearly a year. The… Continue reading Data likely shows Teslas on Autopilot crash more than rivals

Elon Musk: “Starship Will Be Ready to Fly Next Month”

Is it finally happening? Next Month According to SpaceX CEO Elon Musk, “Starship will be ready to fly next month,” an exciting new update after years of delays and governmental red tape. “I was in the high bay and mega bay late last night reviewing progress,” he added. The inaugural space launch of the massive… Continue reading Elon Musk: “Starship Will Be Ready to Fly Next Month”

Tesla India policy executive quits after company puts entry plan on hold: Sources

Manuj Khurana lobbied the Indian government for more than a year to slash the import tax on electric cars to 40% from as high as 100%. A key executive who was leading Tesla’s lobbying effort in India has resigned, weeks after the U.S. carmaker put on hold plans to sell electric cars in the South… Continue reading Tesla India policy executive quits after company puts entry plan on hold: Sources

‘Is This AI Sapient?’ Is the Wrong Question to Ask About LaMDA

The uproar caused by Blake Lemoine, a Google engineer who believes that one of the company’s most sophisticated chat programs, Language Model for Dialogue Applications (LaMDA) is sapient, has had a curious element: Actual AI ethics experts are all but renouncing further discussion of the AI sapience question, or deeming it a distraction. They’re right… Continue reading ‘Is This AI Sapient?’ Is the Wrong Question to Ask About LaMDA

The Worldwide Industrial Vehicles Industry is Projected to Grow to $54.3 Billion by 2027

DUBLIN, June 14, 2022 /PRNewswire/ — The “Global Industrial Vehicles Market in terms of Vehicle Type, Drive Type (ICE, Battery-operated, Gas-powered), Application, Capacity, Level of Autonomy, Aerial Work Platform (Boom Lifts, Scissor Lifts) and Region – Forecast to 2027” report has been added to ResearchAndMarkets.com’s offering. The global industrial vehicles market is projected to grow… Continue reading The Worldwide Industrial Vehicles Industry is Projected to Grow to $54.3 Billion by 2027

Ford is telling its dealers to stop selling the Mustang Mach-E over safety concerns

Ford issued a stop-sale order to its dealers for the Mustang Mach-E electric crossover over concerns that a safety defect may render the vehicle immobile, CNBC reports. The malfunction involves a potential overheating of the vehicle’s battery high voltage contactors, which can lead to the vehicle failing to start or losing power while in motion.… Continue reading Ford is telling its dealers to stop selling the Mustang Mach-E over safety concerns