Tesla Forced to Face Lawsuit by Drivers Who Says Elon Misled About Autopilot, FSD Capabilities

“Tesla allegedly engaged in a systematic pattern of fraud over a long period of time.” Repeat Offender Remember all of Elon Musk’s claims that Tesla’s “Full-Self Driving” (FSD) mode would be actually autonomous soon? Thanks to one lawsuit, he might have to pay for not making that happen. As Bloomberg reports, a California federal judge has… Continue reading Tesla Forced to Face Lawsuit by Drivers Who Says Elon Misled About Autopilot, FSD Capabilities

Tesla Model 3 Performance price hiked $1k again, under a month after release

The refreshed Model 3 Performance was released on April 23, but less than a month after release it’s having its price hiked again, for a second time. The Model 3 Performance just got a big refresh, after the Model 3’s overall “Highland” refresh. The refresh includes more horsepower (up to 510hp now, and 0-60 of… Continue reading Tesla Model 3 Performance price hiked $1k again, under a month after release

German Manager Magazine: Club of the super rich: 15 people now have assets of more than 100 billion dollars003322

For the first time in history, 15 people in the world simultaneously have wealth of more than 100 billion dollars (92 billion euros). There have never been so many in the club of the super-rich as this one Bloomberg Billionaires Index shows. The billionaires are profiting from the hype artificial intelligence , the continued high… Continue reading German Manager Magazine: Club of the super rich: 15 people now have assets of more than 100 billion dollars003322

Tesla must climb ‘Mount Everest’ to win shareholder vote, chair warns

Standard Digital Weekend Print + Standard Digital wasnow $45 per month FT Weekend newspaper delivered Saturday plus essential digital access. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT FT Videos &… Continue reading Tesla must climb ‘Mount Everest’ to win shareholder vote, chair warns

U.A.W. Effort to Organize Mercedes Workers in Alabama Has High Stakes

More than 5,000 Mercedes-Benz workers in Alabama are voting this week on whether to join the United Automobile Workers union, a decision both supporters and opponents say will have consequences far beyond two factories near Tuscaloosa where the German carmaker churns out luxury sport utility vehicles and batteries for electric cars. Conservative political leaders have… Continue reading U.A.W. Effort to Organize Mercedes Workers in Alabama Has High Stakes

Tesla keeps cutting jobs and the feds probe Waymo

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! What a wild week for transportation news! It was a smorgasbord of news that seemed to touch every sector and theme in transportation, including tariffs on Chinese… Continue reading Tesla keeps cutting jobs and the feds probe Waymo

Honda plots $65 billion investment to build seven new EVs as it looks for a comeback

Honda is done standing by while rivals like Tesla and BYD steal market share. To stay competitive, Honda is doubling its investment in EVs to $65 billion (10 trillion yen) through 2030. The plans include slashing costs and launching seven new electric models. Honda doubles its investment in EVs to $65 billion CEO Toshihiro Mibe… Continue reading Honda plots $65 billion investment to build seven new EVs as it looks for a comeback

Tesla spotted testing prototype with new camera setup

Tesla has been spotted testing a Model 3 prototype with what appears to be a new camera setup. Is Tesla preparing a new vision rig for its next vehicles? While most other companies working on autonomous driving are using a wide array of sensors, inlvcuding cameras, radars, and lidars, Tesla was early to make the… Continue reading Tesla spotted testing prototype with new camera setup

Artificial Intelligence (AI) Market size is set to grow by USD 125.3 bn from 2023-2027, prevention of fraud and malicious attacks to boost the market growth, Technavio

NEW YORK, May 16, 2024 /PRNewswire/ — The global artificial intelligence (ai) market  size is estimated to grow by USD 125.3 bn from 2023-2027, according to Technavio. The market is estimated to grow at a CAGR of  22.26%  during the forecast period.  For more insights on the forecast market size and historic data (2017 – 2021) – Download Free… Continue reading Artificial Intelligence (AI) Market size is set to grow by USD 125.3 bn from 2023-2027, prevention of fraud and malicious attacks to boost the market growth, Technavio