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    Elon Musk unveiled a new teaser image of his company's Optimus humanoid robot that will be fully revealed at the end of next month. The tech mogul showed off a picture of robotic hands making a heart shape at the company's annual shareholders meeting in Austin Thursday evening and touted a full reveal of Tesla Optimus at AI Day September 30.  Few details are known about the robot, but Musk has said it would handle tasks that humans find boring or repetitive and could even serve as a companion. 'AI Day, part two, I think people will be blown away,' Musk said. 'But that's at the end of next month, so we'll leave that - there's gonna be a lot of cool stuff.' Scroll down for video  Elon Musk showed off a picture of robotic hands making a heart shape at the company's annual shareholders meeting in Austin Thursday evening and touted a full reveal of Tesla Optimus at AI Day September 30 'AI Day, part two, I think people will be blown away,' Musk said. 'But that's at the...
    A Tesla crash that killed a California couple last week will be investigated by the National Highway Traffic Safety Administration, the agency announced. In the crash last Wednesday, a 2015 Tesla ran into the back of a parked tractor-trailer at an interstate rest area near Gainsville, Florida. The crash killed the Tesla’s occupants: driver Mary Lou Seelandt, 66, and her husband, Karl Seelandt, 67, from Lompoc. A Florida Highway Patrol spokesman said it was unclear if the car’s driver-assistance Autopilot feature was in use. Since 2016, NHTSA has opened 36 special investigations of Tesla crashes in which driver assistance systems were suspected of being in use. The highway patrol’s report on the crash said that the Tesla left southbound Interstate 75 at the Paynes Prairie Rest Area just before 2 p.m. July 6. Where the exit split into two lanes — one for cars, the other for trucks and buses — the Tesla veered toward the truck lot. It ran into a parked Walmart truck; the front of the Tesla went under the trailer, and its roof was crushed by...
    Elon Musk's much-talked-about tiff with Donald Trump continued in full force this week - with the Tesla CEO this time taking to Twitter to question the ex-president's credibility and brain capacity. The online barrage from Musk - who pulled out of $44b deal to buy the social media platform last week - saw the outspoken mogul slam Trump as a liar, and 'too old' to run for president. The claims came in response to a recent appearance by the politician - who has repeatedly hinted at a second presidential run in 2024 - that saw him mock Musk by calling him a 'Bull***t artist.' The insult followed a claim from Trump that Musk lied about voting for him during his ill-fated presidential run in 2020. The accusation referred to a Tweet from Musk last month, which saw the South African businessman brag about voting for a Republican for the first time, casting a ballot for new Texas Congresswoman Maya Flores. Trump seemingly took issue with the endorsement, and accused Musk of lying about his political allegiance at the Alaska event Saturday....
    SACRAMENTO (KABC) -- Firefighters worked hard to put out a fire-engulfed Tesla vehicle that self-ignited in a Sacramento wrecking yard earlier this month.The Sacramento Metropolitan Fire District said the vehicle had been involved in a wreck three weeks prior and had major damage.According to crews, the car kept re-igniting due to heat from the battery."Working with the onsite wrecking yard personnel, the Tesla was moved on its side to gain access to the battery compartment underneath," said the fire district. "Even with direct penetration, the vehicle would still reignite due to the residual heat."Authorities said firefighters and yard staff eventually dug a pit and filled it with water to stop the vehicle from igniting and catching fire.No injuries were reported.READ ALSO | Tesla recalls nearly 130K vehicles due to overheating infotainment systemEMBED More News Videos Tesla recalled 129,960 vehicles this month to fix infotainment systems that may overheat before and during fast charging.
    NEW car prices are up 12.6% from last year, and used car prices are up 16.1%, according to US government data. Adding to consumers’ pain is the Federal Reserve’s latest interest hike of .75 percentage points, which impacts auto loans. 2Auto loans are now more expensive than everCredit: Getty Drivers are now paying an average of $656 per month financed at 5.1% over 70.5 months, CNBC reports. Used cars aren’t far behind, with average monthly rates of $546 at 8.2% for 70.2 months. Supply chain issues compound consumers’ financial stress by limiting the number of cars a dealership has on its lot. Dealerships already limit the number of new models they have on their lot.  READ MORE ON CAR PRICESSAY WATT Some used cars are more expensive than new ones - see whyEXHAUST ALL OPTIONS I'm a car expert and here are 6 tips for finding cheaper vehicles Now inventory is even thinner, which means higher prices. The Ukraine conflict, inflation, and China’s Covid-related lockdown are separate factors contributing to rising auto prices. The Feds mentioned that another hike might arrive...
    A Cybertruck prototype swung by a Tesla launch event in Moss Landing, California. And the prototype appears different from the last Cybertruck version we’ve seen. 2New Tesla Cybertruck prototype appearing at a Tesla launch event in CaliforniaCredit: Instagram/never.enough.cars The public first noticed this Cybertruck’s windshield wipers that are smaller than the previous prototype. Musk had stated that the Cybertruck’s original windshield wipers wouldn’t make it to production, Electrek reports. Interior photographs of the new Cybertruck prototype display an incomplete cabin missing its steering wheel airbag and front-facing camera enclosure. The truck’s central infotainment screen is housed in one unit, similar to other Teslas. READ MORE ON TESLATRUCKING SHELL Tesla fans unveil mods for Cybertruck before release CAR WARS Tesla competitor Polestar will release new vehicle in September Cybertruck made an appearance to support Tesla’s Megapack energy storage project. This Cybertruck public sighting was a treat for fans of the EV (electric vehicle), given that the truck’s production had been delayed. Tesla initially chose to prioritize their Model Y over the Cybertruck in the midst of supply chain issues in January, The Verge reports. Many...
    Elon Musk tried to get into a German nightclub wearing a Mask of Zorro disguise while in Berlin to open Tesla's new gigafactory over the weekend.  The factory, built on the outskirts of the German capital, aims to produce 500,000 cars a year when fully operational. But after the work, came play with the billionaire seen bouncing around Berlin sampling some of the city's nightlife, including a fetish club. During his club crawl, Musk also tweeted that he did not manage to make it inside one of Germany's most exclusive nightclubs. The club in question, Berghain, known for its techno music and high-end clubbing clientele has a strict door policy to which it appears the billionaire may not have met.   Photography is banned inside the club with those allowed inside forced to cover up their cellphone's cameras with stickers.   Tesla CEO Elon Musk is pictured during the official opening of a new Tesla electric car manufacturing plant  in Germany. The new plant, officially called the Gigafactory Berlin-Brandenburg, is producing the Model Y as well as electric car batteries Tesla's new...
    TESLA CEO Elon Musk has responded to an ad taken out in Sunday's New York Times that presents Teslas as dangerous. Musk called the full-page ad, which slams Tesla's Full Self-Driving (FSD) technology as faulty, a “tragic case of ego [over] ability.” 2Elon Musk has slammed back at an ad that claims Tesla is dangerous The ad was taken out by tech founder Dan O'Dowd through his Dawn Project initiative and described users of Tesla's Full Self-Driving tech as "crash-test dummies." The ad also offered $10,000, the same price as FSD software on a Tesla, to the first person who could name “another commercial product from a Fortune 500 company that has a critical malfunction every 8 minutes.” The move by O'Dowd has been criticized by some as a publicity stunt to draw attention to his own automotive software company, Green Hills Software, which announced at CES it was teaming up with BMW’s iX vehicle. However, O'Dowd tweeted that his intentions behind placing the ad were to campaign "to ban @Tesla full self-driving from our roads." O'Dowd also condemned Tesla...
    On Tuesday, Tesla CEO Elon Musk made a virtual appearance at The Wall Street Journal’s CEO Summit where he called for the government to end subsidies for something that might seem surprising—electric cars. But that opposition to supporting a product sold by his own company seems a lot less puzzling when expressed in these terms: Now that he has climbed to the top, Musk is extremely anxious to burn the ladder below him. The Build Back Better bill which passed the House and is now under consideration in the Senate, with hopes of final passage before the end of the year, provides as much as $12,500 in incentives for the purchase of an electric vehicle. That bill would also provide monies for building out the charging infrastructure that give consumers the confidence to replace gas-powered vehicles with electric alternatives as their primary means of getting around. But Musk is against both of those things. In fact, he calls for an end to all government subsidies … which is a quite a statement considering that Tesla built its business on subsidized vehicles. Not to mention that...
    Lauren Boebert got personal on Sunday when she brought Alexandria Ocasio-Cortez's grandmother into a Twitter war of words as the two bickered over government assistance. The back-and-forth started when AOC sarcastically taunted Boebert over her 'Good ol conservative values' when in her Conservative Political Action Conference speech on Saturday she told federal government to 'leave us the hell alone.' 'Ask Abuela how that government reliance is going,' Boebert wrote on Twitter Sunday, referencing a tweet last month where Ocasio-Cortez shared images of her grandmother's dilapidated home in Puerto Rico – still in ruins from the 2017 hurricane season. 'Nobody is taking safety nets away,' Boebert assured. 'Growing up in a Democrat household, I stood in line for bread and government cheese. I want more for your grandma, just as I did for me,' she continued. 'Don't limit the American dream.' AOC responded in anger after Boebert brought her grandmother into the conversation: 'Thank you for proving to the world that today's version of 'conservative role model' is a person who mocks other people's ill grandparents on the internet.' 'I can...
    Elon Musk’s Tesla Model S Plaid put on show during practice rounds of the upcoming Pikes Peak Hill Climb race in Colorado Springs, which saw the vehicle hit 136mph as it ventured up a 14,000-foot high mountain. The Model S Plaid was modified to be race approved, and will be driven by legendary racecar driver Randy Pobst ,also known as 'The Rocket', who drove a Tesla Model 3 Performance in last year’s race. The 12.4-mile-long track features 156 turns, which Pobst cleared doing more than 100mph at some points. His best time for the day came in at two minutes and 40 seconds, which was just three seconds shy of the fastest time of the practice run - the best time was a pva 003 Dallenbach Special. Scroll down for videos  Elon Musk’s Tesla Model S Plaid put on show during practice rounds of the upcoming Pikes Peak Hill Climb in Colorado Springs Tesla began delivering its long-awaited Model S Plaid on June 11 that is deemed its fastest car yet. Musk, along with Tesla’s lead designer, Franz von Holzhausen, introduced...
    Elon Musk has said that Tesla is considering opening a Tesla factory in Russia, as he spoke to an education forum in Moscow at the invitation of the Kremlin. The Tesla CEO addressed the forum in Moscow by video link on Friday, saying 'I think we are close to establishing a Tesla presence in Russia, that would be great,' according to the Wall Street Journal. 'Over time, we will look to have factories in other parts of the world,' he said, adding that Tesla was also looking at expanding in Kazakhstan, a former Soviet state on the Russian border. Musk called for dialogue between the U.S. and Russia at a time when their ties are languishing at post-Cold War lows. Elon Musk addressed the forum in Moscow by video link on Friday, saying 'I think we are close to establishing a Tesla presence in Russia, that would be great' Putin's spokesman Dmitry Peskov (front) speaks at the New Knowledge Forum at the Moscow Digital Business Space as Musk appears on the screen behind him RELATED ARTICLES Previous 1 Next ...
    In this article BTC.CM=A Bitcoin sign is seen at the entrance of a cryptocurrency exchange office on April 16, 2021 in Istanbul, Turkey.Chris McGrath | Getty ImagesBitcoin's price hovered above the $40,000 level on Friday, as a comeback for the world's top cryptocurrency was checked by worries around regulation. The digital coin was up 1.7% at a price of $40,841 by 6 a.m. ET, according to Coin Metrics data. It bounced above the $42,000 mark Thursday as digital currencies attempted to rebound from a brutal sell-off earlier in the week. Other cryptocurrencies were in the red Friday, with ether down 2.2% at $2,741, XRP off by 4.6% at $1.13 and litecoin falling 2.4% to $206. Dogecoin, a meme-inspired crypto supported by Tesla CEO Elon Musk, was down 2.6% at 39 cents. Bitcoin's gains were capped Friday after the U.S. Treasury Department said a day earlier that it would require any cryptocurrency transfer worth $10,000 or more to be reported to the Internal Revenue Service. "Cryptocurrency already poses a significant detection problem by facilitating illegal activity broadly including tax evasion," the...
    HOUSTON (CBSDFW.COM/CNN) — Contrary to past claims by the company, Tesla said Monday that one of it’s autopilot features was active during the April 17 crash that killed two men in Spring, Texas. Police said no one was in the driver’s seat at the time of the crash. READ MORE: Nearly $1.5 Million In Hard Narcotics Seized At U.S.-Mexico Border Last Weekend Lars Moravy, Tesla’s vice president of vehicle engineering, said on the company’s earnings call that Tesla’s adaptive cruise control was engaged and accelerated to 30 mph before the car crashed. Autopilot is a suite of driver assistance features, including traffic-aware cruise control and Autosteer, according to Tesla’s website. Traffic-aware cruise control matches the speed of the car to surrounding traffic, while Autosteer assists in steering in clearly marked lanes according to Tesla’s website. (Credit: KTRK) The North American owner’s manuals for the Model 3, Model S and Model X, all describe traffic-aware cruise control as an Autopilot feature. Tesla’s revelation may be at odds with the initial description of the crash from its CEO Elon Musk, who said...
    Several Saturday Night Live cast members have aimed sly digs at Elon Musk in their Instagram stories, expressing annoyance that the CEO and 'Technoking' of Tesla has been selected to host the show next month. After SNL announced on Saturday that Musk will host the May 8 episode, cast members Bowen Yang and Aidy Bryant posted Instagram Stories taking aim at the billionaire. After Musk, known for his unique banter on Twitter, tweeted 'Let's find out how live Saturday Night Live really is,' Yang posted the tweet on Stories with the response 'what the f*** does this even mean'. And hours after the hosting announcement, Bryant seemed to aim a subtle shot at Musk, the world's second richest man, by posting an old quote from Senator Bernie Sanders calling it a 'moral obscenity' that the 50 richest people in America own more than the bottom half combined. Several Saturday Night Live cast members have aimed sly digs at Elon Musk in their Instagram stories, expressing annoyance that the Tesla CEO has been selected to host the show ...
    Tesla is now more valuable than the world's top seven other car makers with a market capitalization of $615billion - but experts are warning its stock is too high and in bubble territory.  After a tumultuous past few years of production set backs and public scandals which even drove founder Elon Musk asking Apple CEO Tim Cook if he wanted to buy the company for a knock-down price, Tesla is now worth more than Ford, Honda, BMW, GM, Daimler, Volkswagen and Toyota combined.  The company was included in the S&P 500 on Monday at $665 a share which makes it the most valuable new entrant to the stock index ever. It had been valued even higher on Friday's close at $695 a share.   The sudden surge is prompting financial experts to warn that it may not last. Some say it is 'dramatically overvalued' and will plunge, along with the rest of the wider market, as fears grow over a new mutant strain of COVID-19 that has been found in the UK. It is also threatened by Apple's forthcoming electronic car program.  'While...
    A small group of Tesla employees and community organizers are holding a rally on Friday in the parking lot of the company’s Fremont, California car factory on June 19th, or Juneteenth, the holiday that commemorates the end of slavery in the United States. The people behind the protest want Tesla employees and people from the community to “Stand with Tesla Workers for Black Lives,” according to a Facebook event. The rally comes as people around the nation continue to take to the streets to protest police brutality and racism, and as a number of tech giants like Uber and Twitter have announced that they’re making Juneteenth a paid company holiday. “This was brought on by a group of people who are not only calling for an end to police brutality, but are also calling to defund the police,” the group said in a statement to The News Brig. “We are tired of the unjust killings of people like George, Breonna, Ahmaud and every other countless life that was lost in part due to police brutality. We are tired...
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