Tesla CEO Elon Musk says his company is working on a humanoid robot and that it will build a prototype “sometime next year.” The humanoid robot will leverage Tesla’s experience with automated machines in its factories, as well as some of the hardware and software that powers the company’s Autopilot driver assistance software. Musk, who… Continue reading Elon Musk says Tesla is working on humanoid robots
Tag: Tesla
Nikola Founder Trevor Milton Charged With Securities Fraud
In a warning shot to a thriving corner of Wall Street, federal authorities on Thursday filed criminal and civil securities fraud charges against the founder of Nikola — a start-up automaker that went public by merging with an investment firm last year. An indictment by the U.S. attorney’s office in Manhattan charged the founder, Trevor… Continue reading Nikola Founder Trevor Milton Charged With Securities Fraud
Watch Tesla AI Day and follow the important news coming out of it
You can watch Tesla AI Day right here starting at 8:00 PM ET (5:00 PM PT) if Tesla is on time, which is a big ‘if’. We are also going to link to all the headline-worthy news coming out of the event. Over the last few years, Tesla started holding events, not really to unveil… Continue reading Watch Tesla AI Day and follow the important news coming out of it
Tesla will enter the Japanese energy market with a 6 MWh Megapack project
Tesla is reportedly about to enter the Japanese energy market with its energy storage products, starting with a 6 MWh Megapack project. Since its inception, Tesla has been intricately linked to Japan. Until Panasonic, a Japanese company, no other battery supplier wanted to sell li-ion to Tesla for use in electric cars. For years and… Continue reading Tesla will enter the Japanese energy market with a 6 MWh Megapack project
China Evergrande in talks with Xiaomi consortium to sell EV unit stake-sources
Smartphone maker Xiaomi has been ramping up investments in EV suppliers after it unveiled its EV ambition with an investment of $10 billion in March, following its peers from Apple Inc to Huawei Technologies Co as they bet on more cars becoming battery-powered and smart. HONG KONG/SHANGHAI: Embattled Chinese property developer Evergrande Group is in… Continue reading China Evergrande in talks with Xiaomi consortium to sell EV unit stake-sources
Toyota to reduce production in Japan and North America due to chip shortage
Toyota said Thursday that it would reduce production in Japan and North America due to a shortage of semiconductor chips, a sign that even the best-run supply chains are being affected by the shortage. In Japan, the automaker will reduce production by 40 percent later this month and into September, which will affect most of… Continue reading Toyota to reduce production in Japan and North America due to chip shortage
Ample raises $160M to scale its battery swapping service
San Francisco-based Ample has raised a $160 million Series C to scale its battery swapping service, the largest round yet for the 8-year-old startup that wants to completely rethink how we use electric vehicles. Ample’s approach is relatively straightforward: Cars equipped with the company’s modular battery pack can drive into one of Ample’s automated charging… Continue reading Ample raises $160M to scale its battery swapping service
Tesla’s ‘neural net’ is set to be the star of Elon Musk’s AI day (TSLA)
Tesla’s AI day comes just days after NHTSA launched a probe into its Autopilot system. The event will provide updates on Tesla’s self-driving technology and serve as a recruitment opportunity. Here’s what experts expect Elon Musk and other executives to discuss at the event on Thursday. Loading Something is loading. Tesla’s AI day, set for… Continue reading Tesla’s ‘neural net’ is set to be the star of Elon Musk’s AI day (TSLA)
Tesla Model S and Model Y customers are suffering months-long delivery delays, report says
Customers waiting for Tesla Model S and Model Y cars are experiencing long delays, CNBC reports. One Model S Plaid customer was told to expect their car in March, but still doesn’t have it. A Tesla worker told CNBC that staff are scared to ask for more information on what’s causing delays. Loading Something is… Continue reading Tesla Model S and Model Y customers are suffering months-long delivery delays, report says
Global funds are pessimistic about Apple, Amazon, Microsoft, Tesla, and other stocks, Bank of America says. These are the 10 they’re piling into instead.
Bank of America notes that stocks that funds are overweight in tend to outperform, and vice versa. Chinese stocks saw massive outflows from funds in July as regulatory pressures ramped up. Here are the 10 stocks that funds are most overweight in right now, according to Bank of America. See more stories on Insider’s business… Continue reading Global funds are pessimistic about Apple, Amazon, Microsoft, Tesla, and other stocks, Bank of America says. These are the 10 they’re piling into instead.