A LDS church. Shutterstock The Mormon Church exited its GameStop position and cut its Tesla holdings last quarter. Ensign Peak Advisors disposed of its 46,000 GameStop shares, pocketing as much as $14 million. The church fund sold 13% of its Tesla shares, leaving a stake worth $382 million on June 30. See more stories on… Continue reading The Mormon Church’s secretive $100 billion fund cashed out its GameStop profits — and trimmed its Tesla bet by 13%
Tag: Tesla
Tesla Autopilot Faces U.S. Inquiry After Series of Crashes
The U.S. auto safety regulator said Monday that it had opened a broad investigation of the Autopilot system used in hundreds of thousands of Tesla’s electric cars. The investigation was prompted by at least 11 accidents in which Teslas using Autopilot, an assisted-driving system that can steer, accelerate and brake on its own, drove into… Continue reading Tesla Autopilot Faces U.S. Inquiry After Series of Crashes
LG Energy Solution inks deal with Australian mining company for nickel and cobalt
South Korea’s LG Energy Solution has entered into a six-year agreement with an Australian mining company for cobalt and nickel, securing a stable supply of key minerals to make electric vehicle batteries. LG Energy, a subsidiary of LG Chem, will purchase 71,000 dry metric tons of nickel and 7,000 dry metric tons of cobalt from… Continue reading LG Energy Solution inks deal with Australian mining company for nickel and cobalt
Tesla Model Y to be cheaper police patrol car in just 6-18 months, says Boulder Sheriff
The Boulder County Sheriff’s Office announced that it acquired a Tesla Model Y to test as a police patrol vehicle. It justified that higher sticker price with gas savings resulting in a cheaper total cost of ownership in just 6 to 18 months. Like many other law enforcement agencies, the Boulder County Sheriff’s Office is… Continue reading Tesla Model Y to be cheaper police patrol car in just 6-18 months, says Boulder Sheriff
Tesla again bans salvaged cars from Supercharger network in confusing situation
Tesla has again banned salvaged cars from accessing its Supercharger network after reversing the move last week. It’s a confusing situation. Wouldn’t it be useful if we could ask Tesla what is going on? Last year, Tesla blocked access to Supercharging and third-party fast-charging to all salvaged vehicles. It was a big blow to people… Continue reading Tesla again bans salvaged cars from Supercharger network in confusing situation
US probing Autopilot problems on 765,000 Tesla vehicles
Detroit — The U.S. government has opened a formal investigation into Tesla’s Autopilot partially automated driving system after a series of collisions with parked emergency vehicles. The investigation covers 765,000 vehicles, almost everything that Tesla has sold in the U.S. since the start of the 2014 model year. Of the crashes identified by the National… Continue reading US probing Autopilot problems on 765,000 Tesla vehicles
US formally investigates Tesla Autopilot system
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United StatesTwo senators urge ‘thorough’ U.S. agency Tesla Autopilot probe6:48 PM UTC
New Autopilot features are demonstrated in a Tesla Model S during a Tesla event in Palo Alto, California October 14, 2015. REUTERS/Beck Diefenbach WASHINGTON, Aug 16 (Reuters) – Two Democratic U.S. senators on Monday urged the National Highway Traffic Safety Administration (NHTSA) to thoroughly investigate Tesla Inc’s (TSLA.O) Autopilot and use the review to propose… Continue reading United StatesTwo senators urge ‘thorough’ U.S. agency Tesla Autopilot probe6:48 PM UTC
Consumer Watchdog Applauds NHTSA Investigation of Tesla Over Autopilot Problems
LOS ANGELES, Aug. 16, 2021 /PRNewswire/ — The nonprofit group Consumer Watchdog applauded the decision by the National Highway Traffic Safety Administration to investigate Tesla’s Autopilot feature and crashes related to it. Consumer Watchdog has long been a critic of the rush to deploy the technology and its dangers and called for the federal government to… Continue reading Consumer Watchdog Applauds NHTSA Investigation of Tesla Over Autopilot Problems
Two senators urge ‘thorough’ U.S. agency Tesla Autopilot probe
By Reuters Staff 1 Min Read WASHINGTON, Aug 16 (Reuters) – Two Democratic U.S. senators on Monday urged the National Highway Traffic Safety Administration (NHTSA) to thoroughly investigate Tesla Inc’s Autopilot and use the review to propose improvements to its driver assistance system. NHTSA announced Monday it opened a preliminary evaluation into 765,000 Tesla vehicles… Continue reading Two senators urge ‘thorough’ U.S. agency Tesla Autopilot probe