Tesla ordered by Florida jury to pay $243 million in fatal Autopilot crash

[ad_1] A Florida jury on Friday found Tesla liable to pay $243 million to victims of a 2019 fatal crash of an Autopilot-equipped Model S, a verdict that could encourage more legal action against Elon Musk’s electric vehicle company. The verdict is a rare win for victims of accidents involving Autopilot. Mr. Musk has been […]

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Musk says he’ll resume working ’24/7′ at his companies, X outage mostly restored

[ad_1] Elon Musk’s social media platform X was largely restored for most users after an outage that impacted tens of thousands of users in the United States on Saturday, according to outage tracking website Downdetector.com, following which he said that he is “back to spending 24/7” at his companies. At its peak around 8:51 a.m. […]

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Tesla’s stock defied gravity for years, but is Elon Musk’s EV party over?

[ad_1] Tesla’s stock has dropped by nearly half in three months. Even so, investors are still debating whether Elon Musk’s electric-vehicle maker remains overpriced. The company’s market capitalisation has dropped 45% since hitting an all-time high of $1.5 trillion on December 17, erasing most of the gains the stock made after CEO Musk helped finance […]

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Elon Musk’s pay package at Tesla challenged in court

[ad_1] November 15, 2022 02:00 am | Updated 02:00 am IST – WILMINGTON, Del. Testimony is under way in a shareholder lawsuit challenging approval by Tesla’s board of directors of a compensation plan potentially worth more than $55 billion for CEO Elon Musk. | Photo Credit: AP Testimony began on November 14 in a Delaware […]

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Elon Musk fires Twitter CEO Parag Agrawal, policy chief Vijaya Gadde

[ad_1] Elon Musk became Twitter Inc’s new owner Thursday, firing top executives he had accused of misleading him and providing little clarity over how he will achieve the lofty ambitions he has outlined for the influential social media platform. The CEO of electric car maker Tesla Inc has said he wants to “defeat” spam bots […]

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Elon Musk shows off Tesla’s latest Optimus Robot prototype with opposable thumbs

[ad_1] Elon Musk showed off a prototype humanoid robot walking and waving its hand, seeking to demonstrate Tesla Inc’s advances in artificial intelligence. At the electric automaker’s AI Day late Friday, Musk also showed a video of the robot picking up boxes and moving through a rendered office building to water plants. “The robot can […]

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Tesla won’t manufacture in India unless allowed to sell, service cars: Elon Musk

[ad_1] In August last year, Mr. Musk had said Tesla may set up a manufacturing unit in India if it first succeeds with imported vehicles in the country. In August last year, Mr. Musk had said Tesla may set up a manufacturing unit in India if it first succeeds with imported vehicles in the country. […]

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Tesla to host second artificial intelligence day in August

[ad_1] Tesla Inc top boss Elon Musk said on Tuesday the electric-car maker will host its second artificial intelligence day on Aug. 19, with the company likely to expand on plans to fine-tune its self-driving technology. “The purpose of AI Day is to convince great AI/software/chip talent to join Tesla,” the billionaire said in a […]

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