Elon Musk implemented an intelligent method to identify a Tesla employee who was sharing confidential information with the press. Tesla addressed the employee’s actions to ensure confidentiality. It is no secret that disclosing confidential company information can have serious consequences. Musk-led automobile company Tesla takes such matters seriously. In one instance, Musk implemented a method … Read more
Tesla’s first-quarter net income plummeted 55 per cent, but its stock price surged in after-hours trading Tuesday as the company said it would accelerate the production of new, more affordable vehicles. The Austin-based company said it made $1.13 billion US from January through March compared with $2.51 billion US in the same period a year ago. … Read more
Baidu’s loss-making autonomous-driving project Apollo will focus on generating revenue and profits after a seven-year testing phase, as the Chinese internet search giant pivots to generative artificial intelligence (AI), according to an internal letter written by the unit chief. While Baidu is one of the country’s leading players in self-driving vehicle technology, it has yet … Read more
From Big Tech firms to start-ups, China’s autonomous-driving system developers are struggling to make noticeable gains in turning their vision of a future full of self-driving cars into steady profits. Banma Network Technologies, an intelligent vehicle start-up that develops technology for autonomous-driving systems, this week replaced its CEO Zhang Chunhui, who had served in the … Read more
Elon Musk is good at two things: having a lot of kids and pissing people off. Now, the Tesla CEO is angering his investors after he sent out an extremely vague social media post following a report from Reuters that the planned $25,000 Tesla is dead. He basically accused the outlet of “lying” on his social … Read more
Tesla has settled a lawsuit over a 2018 car crash that killed an Apple engineer after his Model X, operating on Autopilot, swerved off a highway near San Francisco, court documents showed on Monday. The settlement was made on the eve of the trial over the high-profile accident involving Tesla’s driver-assistant technology. Tesla faces a … Read more
Driverless taxis have been in the news plenty recently, and never for good reasons. The name Cruise has been a Morning Shift mainstay, due to all the fallout from a car dragging a woman along the ground. One name, though, hasn’t come up much in recent reports: Waymo. AAA Offers an Emergency Charging Solution When … Read more
Waymo After several years of testing its autonomous vehicles on city streets without a human engineer behind the wheel, Waymo will send its fully driverless cars onto freeways for the first time. The Alphabet-owned company announced the move in a blog post on Monday, signaling a notable expansion of its driverless car program. Waymo has … Read more
