Tesla’s “We, Robot” event Thursday night showed that Elon Musk is steering the electric car maker towards a self-driving future — one without steering wheels. Musk arrived at the event, held at Warner Bros. studio in Burbank, California, in a “Cybercab,” a self-driving car without the standard controls: no pedals, plug to charge, or steering...
Tesla’s sales numbers have been down for the first two quarters of this year, but its most recent earnings report shows that numbers are up, indicating increased demand overall in the industry. Tesla reported on Wednesday that it produced 469,796 electric cars overall, including its popular Model 3 and Model Y, and delivered 462,890 cars...
When Elon Musk’s “The Secret Tesla Motors Master Plan (just between you and me)” came out in August 2006, it was praised as a “success story” that outlined Tesla’s goals to build an electric sports car, then more affordable electric vehicles (EVs). Now the master plan, and its July 2016 follow-up “Master Plan Part Deux,”...
Elon Musk says that Tesla now has jobs open — three months after informing Tesla staff about layoffs affecting tens of thousands of people. A new analysis breaks down what these jobs are and where they’re located. On Monday, Musk posted on X that Tesla and xAI, his AI startup taking on ChatGPT, were looking...
Nvidia has gained over 3,000% in the past five years alone — but the high returns of the AI chip maker and other tech giants in the Magnificent Seven (Nvidia, Amazon, Apple, Meta, Microsoft, Google, and Tesla), are not without their risks, warns an industry expert. In a “Smart Investing” video interview published on Wednesday,...
The legal team that argued against Tesla CEO Elon Musk’s record-high pay package now wants to get paid — a record-setting $7.3 billion in legal fees. There were 37 lawyers, associates, and paralegals helping represent Richard Tornetta, the Tesla shareholder who sued the EV maker over Musk’s proposed $56 billion pay. Tornetta won in Delaware...
It looks as though Tesla shareholders are backing CEO Elon Musk’s push for the highest pay package in U.S. corporate history. One day before any official announcement from Tesla, Musk shared that the resolution to approve his pay package, worth as much as $56 billion, and the resolution to move Tesla’s legal home from Delaware...
Elon Musk has been the face of Tesla for two decades as an investor and CEO — but if shareholders don’t approve his multi-billion dollar compensation package next week, things could change. Robyn Denholm, chairperson of Tesla’s board, sent stockholders a letter on Wednesday urging them to approve Musk’s proposed $56 billion pay at the...
This Side Hustle Spotlight Q&A features Dylan Diamond, co-founder and CEO of Saturn. Diamond and his co-founder Max Baron launched Saturn, the calendar app “that supports the complexities of the high school day — even the most chaotic block schedules,” when they were students at the University of Pennsylvania in 2017. Image Credit: Courtesy of...
Hailing a Waymo taxi means getting into a car with no driver — and according to new numbers released by the company last week, more and more people are willing to do it. Alphabet-owned Waymo is carrying out over 50,000 paid robotaxi rides per week in three U.S. cities with its all-electric, autonomous fleet, the...