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    From 'Ex Machina' to 'I, Robot', humanoid robots have been staple features of science fiction blockbusters for years. Now, lifelike robots are becoming more and more popular in the real world, and the latest offering is one of the most impressive yet. Xiaomi has revealed its first humanoid robot – a $104,000 bot named CyberOne. CyberOne has arms and legs that allow it to walk just like a real human, while the android is fitted with AI technology that allows it to detect 45 human emotions. Its unveiling comes just one month before the highly anticipated launch of Tesla's humanoid robot, Optimus.  CyberOne has arms and legs that allow it to walk just like a real human, while the android is fitted with AI technology that allows it to detect 45 human emotions Happily stepping into the weekend. #CyberOne pic.twitter.com/cIiob96kTs— Xiaomi (@Xiaomi) August 12, 2022 Meet CyberOne Height: 5'9 (177cm) Weight: 114lbs (52kg) Arm span: 66 inches (168cm) Lifting capability: 3.3lbs (1.5kg) Degrees of freedom in motion: 21 Sound recognition: 85 sounds Emotion recognition: 45 emotions Price: 600,000 to 700,000 yuan CyberOne was...
    Washington, DC (CNN)Rivian lost a whopping $1.7 billion in the second three months of the year, but some auto industry experts say it's no cause for concern.Huge losses are to be expected when a new automaker grows. Building millions of vehicles requires investing billions in equipment and employees. Entire factories need to be outfitted from scratch. Supply chains laid out. Engineers need time and money to develop vehicles and everything they need, from propulsion to suspension to brakes, from the ground up. And those engineers need a human resources department.Tesla became the first company to establish itself as a mass-market American automotive company since Chrysler do so in the 1920s, and now Rivian wants to follow suit. It's the US startup widely viewed as having the best shot, given its deep pockets, A-list investors — which have included Amazon and Ford — as well as its engineering talent. Amazon owns roughly 18% of Rivian, as of Nov. 2021, and has ordered 100,000 delivery vehicles from the company. Ford invested $500 million in Rivian in 2019 and its executives previously sat...
    When it comes to bragging rights in the automotive world there are few bigger than holding the lap record around the Nürburgring Nordschleife. When it comes to the fastest time recorded to complete a lap of the fearsome 12.9-mile circuit in a production electric car, the Tesla Model S Plaid took the crown last year. However, it has just been defeated. Porsche now has the crown having lapped the track in its showroom-available Taycan Turbo S in just seven minutes and 33 seconds - some two seconds under the time set by Elon Musk's fastest car sold to the public. The fastest electric car you can buy: The £142k Porsche Taycan Turbo S is officially the most rapid EV in showrooms having clocked the quickest ever time at the Nürburgring Nordschleife Porsche announced the new record on Wednesday, with its development driver Lars Kern at the wheel of the high-performance EV. It sees the German brand retake the title it lost to the Tesla last year, having previously held the fastest recorded time since 2019 in an earlier iteration of the...
    DETROIT (AP) — Two crashes involving Teslas apparently running on Autopilot are drawing scrutiny from federal regulators and point to a potential new hazard on U.S. freeways: The partially automated vehicles may not stop for motorcycles. The National Highway Traffic Safety Administration sent investigation teams to two crashes last month in which Teslas collided with motorcycles on freeways in the darkness. Both were fatal. The agency suspects that Tesla’s partially automated driver-assist system was in use in each. The agency says that once it gathers more information, it may include the crashes in an broader probe of Teslas striking emergency vehicles parked along freeways. NHTSA also is investigating over 750 complaints that Teslas can brake for no reason. The first crash involving a motorcyclist happened at 4:47 a.m. July 7 on State Route 91, a freeway in Riverside, California. A white Tesla Model Y SUV was traveling east in the high occupancy vehicle lane. Ahead of it was a rider on a green Yamaha V-Star motorcycle, the California Highway Patrol said in a statement. At some point,...
    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...
    Elon Musk confirmed that he's not planning to build an airport for himself and top executives at his companies outside of Austin - batting down the rumor on Twitter.  In response to a tweet of a news story about the rumored new airport on Thursday, the Tesla CEO said: 'Not true. Tesla is 5 mins from Austin International airport.'  'Would be silly to build another private airport, however the existing commercial airport needs another runway, as Austin is growing fast!'  The story about airport was originally published by Austonia. No word yet on whether the Austin Bergstrom International Airport is planning on adding another runway to deal with the fast-growing city's increasing air traffic.  Scroll down for video  The story about airport was originally published by Austonia. However, Tesla CEO Elon Musk posted to Twitter on Thursday that he's not building a new private airport in Austin, Texas Elon Musk is not planning to have a new private airport built near Austin, Texas, the mogul said on Twitter Thursday. Pictured is the tech mogul's 2015 Gulfstream jet parked at Austin-Bergstrom International Airport...
    It must have been quite a bash. Two of the 10 richest men in the world – who were allegedly involved in a love triangle with one of their wives – were pictured looking the worse for wear in a daytime shot.   Google founder Sergey Brin appeared to be drinking white wine from a plastic cup rather than the hand cut lead crystal he could clearly afford. He also seemed to be putting his arm around a woman's shoulder while a second woman with dyed pink hair had her back to the camera. And Elon Musk was unshaven as he guffawed into the camera wearing a collarless Henley shirt. Now DailyMail.com can reveal exactly where the party picture was taken and how the alleged love rivals came to be seen in the same shot. They were at a party in tony Half Moon Bay, California, to celebrate the 40th birthday of Genevieve Jurvetson, wife of entrepreneur Steve Jurvetson, who sits on the board of Musk's SpaceX. Jurvetson, 55, is himself a billionaire, but with nowhere near the fortune of his...
    Elon Musk is reportedly planning to build an airport for himself and top executives at his companies outside of Austin.  Conceptual plans have been confirmed for the private airport, which would be somewhere east of Austin, near Bastrop, sources told Austonia. The exact location and a potential timetable were not revealed by the publication. In addition to serving as a place for private jets carrying Musk and his top executives, the airport could also be used his companies - several of which have a presence in the Lone Star State - in other ways.  Scroll down for video  Elon Musk is reportedly planning to have a new private airport built near Austin, Texas. Pictured is the tech mogul's 2015 Gulfstream jet parked at Austin-Bergstrom International Airport in Austin, Texas Several of Musk's companies, including Tesla (Giga Texas is seen above) and the Boring Company, maintain a presence in the Austin metropolitan area Giga Texas by itself covers 2,500 acres along the Colorado River in southeast Travis County and is officially Tesla's headquarters.  Last year, an entity tied to leadership...
    By Ira Boudway and Kyle Stock | Bloomberg Dennis Levitt got his first Tesla, a blue Model S, in 2013, and loved it. “It was so much better than any car I’ve ever driven,” the 73-year-old self-storage company executive says. He bought into the brand as well as Elon Musk, Tesla Inc.’s charismatic chief executive officer, purchasing another Model S the following year and driving the first one across the country. In 2016, he stood in line at a showroom near his suburban Los Angeles home to be one of the first to order two Model 3s — one for himself, the other for his wife. “I was a total Musk fanboy,” Levitt says. Was, because while Levitt still loves his Teslas, he’s soured on Musk. “Over time, his public statements have really come to bother me,” Levitt said, citing the CEO’s spats with US President Joe Biden, among others. “He acts like a seven-year-old.” Before it was reported Musk had an affair with Sergey Brin’s wife, which he’s denied; before his slipshod deal, then no-deal, to acquire Twitter Inc.; before the...
    Tesla's Full Self Driving Beta was able to navigate a crooked 'drunk' lane as the electric vehicle firm unveiled massive new casting machines that will simplify production at its factories.  A street in Hollister, California was mistakenly painted incorrectly by a contractor after the city had redesigned the road to add bike lanes and traffic circles - the lines were meant to be curved and ended up in a strange, zigzag pattern - according to a report from KKTV.  After the 'drunk' lanes were shared online, it was only a matter of time before a Tesla owner with FSD Beta uploaded a video onto Reddit showing the driver-assisted system deftly navigating the crookedly lined street.  The software system, which is just about to roll out version 10.13, kept a consistent speed and stayed within its own lane, even when the lanes weren't typical.    At the same time, Tesla released footage of one of its robots pulling a large casting component from a Giga Press machine.  The powerful casting machines are a key part of Tesla's strategy to simplify its manufacturing...
    Signage is displayed on the Tesla Inc. assembly plant in Fremont, California, on Tuesday, Sept. 22, 2020.David Paul Morris | Bloomberg | Getty Images A federal agency responsible for enforcing civil rights laws against workplace discrimination issued a cause finding against electric vehicle makers Tesla in June, according to a financial filing out Monday. Tesla said in the company's official quarterly earnings filing that the U.S. Equal Employment Opportunity Commission (EEOC) cause finding "closely parallels" complaints put forth in a lawsuit by California's civil rights agency, the Department of Fair Employment and Housing (DFEH). Tesla's first U.S. vehicle assembly plant is based in Fremont, California. In February, that state agency revealed that it had engaged in a three-year investigation of Tesla, received hundreds of complaints from Black workers there, and found evidence that Tesla routinely engaged in racist discrimination that harmed these workers. Among other things, the DFEH alleges that Tesla has kept Black workers in California in lower-level roles at the company even if they had the skills and experience for promotions or more senior roles; assigned Black workers...
    In this article GMGM Chair and CEO Mary Barra addresses investors Oct. 6, 2021 at the GM Tech Center in Warren, Michigan.Photo by Steve Fecht for General MotorsDETROIT — In September 2017, General Motors CEO Mary Barra and her top executives visited the automaker's design dome, considered hallowed ground within the company for its role in creating GM's most iconic vehicles. Displayed under the showroom lights were about 10 true-to-size clay models of electric vehicles, including designs like the automaker's Chevy Corvette and a host of crossovers and SUVs. At the time, much of Wall Street's attention was on the $70-a-share price of Tesla, whose celebrity CEO, Elon Musk, was promising to lead the world's transition to more sustainable energy. The showcase at GM's sprawling tech campus in suburban Detroit gave executives a glimpse at how they might outpace Tesla and longtime rivals such as Ford Motor, which were also eyeing the buzzy electric vehicle market. The clay models were examples of the range of electric vehicles GM could build through a new platform the automaker was developing.Mary Barra's electric...
    In this article TSLAPedestrians walk through a street crossing in front of the American electric company car Tesla Motors official authorized car dealer store in Hong Kong, July 13, 2022.Budrul Chukrut | SOPA Images | Lightrocket | Getty ImagesShares of Tesla jumped more than 7% on Thursday, one day after the electric car maker released second-quarter results that were better than analysts feared. Tesla reported Wednesday after the bell that its second-quarter adjusted earnings per share were $2.27, higher than the $1.81 expected, according to Refinitiv. While the company's revenues grew by 42% on a year-over-year basis, automotive margins declined due to inflation and increased competition for electric-vehicle components.   Some analysts said Tesla delivered a better outlook than expected, considering it faced production issues at its Berlin, Texas and Shanghai factories. Wall Street also looked favorably on Tesla's move to sell 75% of its bitcoin holdings, which contributed $936 million to its cashflow during the quarter and helped it avoid a writedown on the value of that investment, as bitcoin faced its worst quarter in more than a decade....
    By Ryan Beene | Bloomberg US auto safety regulators are investigating a 2021 Tesla Model Y crash that killed a motorcyclist in California earlier this month, the latest in a broader examination of collisions suspected to involve the use of advanced driver-assistance systems. The incident is the 47th since 2016 to be examined in the review by crash investigators at the National Highway Traffic Safety Administration, 38 of which involve a Tesla Inc. vehicle, the agency said Monday. A total of 18 fatalities have been linked to the crashes. Local media reported that the Tesla crash that killed a motorcyclist occurred July 7 near Los Angeles. Related Articles Crashes and Disasters | What if Elon Musk is ordered to do Twitter deal and he just says no? Crashes and Disasters | Tesla’s Autopilot chief quits company after feds announce expanded safety probe Crashes and Disasters | Tesla crash that killed California couple at rest area is under federal investigation Crashes and Disasters | Tech-linked layoffs eliminate more than 600 Bay Area jobs...
    LinkedIn co-founder Reid Hoffman recently jumped into the fray to defend fellow billionaire Elon Musk against former President Donald Trump - blasting the former White House occupant as a 'spoiled rich kid' and 'sore loser.'   'Elon's a classic immigrant story - an entrepreneur with a real record of success. Started EV revolution w/Tesla, resurrected US rocket industry w/SpaceX, fighting climate change while promoting American innovation,' Reid said on Twitter. 'Trump, OTOH, is a spoiled rich kid who bankrupts everything he touches. Including the US economy.  Scroll down for video  LinkedIn cofounder Reid Hoffman blasted former President Donald Trump as he defended Elon Musk recently in a Twitter thread 'His career highlight was pretending to be a successful entrepreneur on a TV show, instead of being one in real life like Elon. 'Personally, I support people working to build a better future for America and the world. RELATED ARTICLES Previous 1 Next 'It felt a lot like Wolf of Wall Street': Ex-Tesla worker... Tesla Autopilot head Andrej Karpathy leaves as company faces... Share this...
    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....
    In this article F Ford's first real attempt at an electric vehicle has been quite a hit with critics. The Mustang Mach-E replaced the Tesla Model 3 as Consumer Reports' Top Pick in February 2022. It was named the Top Car in the Automobile Association of America (AAA) Car Guide in May. Car and Driver awarded it the magazine's first EV of the Year award in June 2021. It was named the Utility of the Year at the 2021 North American Car and Truck of the Year awards — one of the most prestigious awards in the automotive industry. All the praise is helping Ford take on Tesla, the biggest brand in EV's in the U.S. in terms of sales. Ford's decision to call its first EV a Mustang drew some criticism from purists, with some arguing the vehicle isn't a real Mustang. But Ford wanted to position its first EV as a brash and fun car that draws on its heritage. The highest-end Mach-E is the GT, which can travel from 0-60 mph in as fast as 3.5 seconds....
    DETROIT (AP) — The U.S. government’s auto safety watchdog is sending investigators to another Tesla crash, this time one that killed two people along Interstate 75 in Florida. The National Highway Traffic Safety Administration confirmed Friday that it sent a Special Crash Investigations team to probe the Wednesday crash into the back of a semi-trailer at a rest area near Gainesville. The agency would not say if the Tesla was operating on one of the company’s partially automated driving systems. The Gainesville Sun reported that the Tesla was traveling on Interstate 75 and for an unknown reason, exited into a rest area. It then hit a parked Walmart Freightliner tractor-trailer. The newspaper said the driver and passenger, both from Lompoc, California, were pronounced dead at the scene. Copyright © 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
    Elon Musk has joked that he is helping the world's 'underpopulation crisis' and that Tesla should make a 'Robovan for people and cargo' a day after it was revealed that he has fathered twins with an employee - making the richest man in the world a father-of-nine. On Thursday, the Tesla CEO suggested that his company should invest in smart minivans for people and cargo, a vehicle usually associated with big families.  'Maybe Tesla should make a highly configurable Robovan for people & cargo,' Musk tweeted.  He also tweeting on Thursday morning: 'Doing my best to help the underpopulation crisis. A collapsing birth rate is the biggest danger civilization faces by far.'  'I hope you have big families and congrats to those who already do,' he added in a follow up tweet.  The news of the twins broke after Musk, 51, and Shivon Zilis, 36, a top executive at his AI company, had filed a petition in April to change the twins' names in order to 'have their father's last name and contain their mother's last name as part of their middle...
    Tesla unveils a trailer with pop-out solar panels that could charge your electric car on the go – as well as a built-in SpaceX Starlink satellite dish to deliver internet to the moving vehicle. Elon Musk's company revealed the concept at the IdeenExpo in Hannover, Germany, earlier this week, surprising attendees with the unplanned announcement. But there have been no further details from Tesla, suggesting the car maker will not make the equipment available to the public any time soon. Nevertheless, with electric cars becoming more popular, many companies are exploring ways to extend the vehicles' range – particularly in more remote locations. Revealed: Tesla has unveiled a trailer with pop-out solar panels that can charge a car on the go — as well as a built-in SpaceX Starlink satellite dish to deliver internet to the moving vehicle But there have been no further details from Tesla, suggesting the car maker will not make the equipment available to the public any time soon The problem has always been that solar power doesn't add much to the range of the car,...
    LEONARDO DiCaprio’s car collection is almost exclusively electric—but this wasn’t always the case. The Hollywood star’s first automotive purchase was a 1969 Ford Mustang at age 16. 21969 Ford MustangCredit: Getty “It [1969 Ford Mustang] broke down on the freeway three times; I nearly died.” DiCaprio’s Biography reads. Ford’s 1969 Mustang has an estimated retail price of $35,900 and a high value of $59,200, NADA Guides reports. Key differences within the 1969 Mustang from previous years included a muscle-driven look and a 428 cubic inch V-8 engine that was the car’s most powerful yet. Ford produced 299,824 examples of their 1969 Mustang in coupe, convertible, and Fastback/Sportsroof configurations. READ MORE ON CELEBRITY CARSKOURT’S KOLLECTION Inside Kourtney Kardashian’s $2.2M car collectionROCK ON Inside Tommy Lee’s massive car collection DiCaprio’s taste for gas-powered cars didn’t last. The Oscar winner said that working on his movie The Beach opened his eyes to the environmental problems ruining our planet, according to DiCaprio’s biography. DiCaprio now drives a fleet that’s primarily electric or hybrid. The multimillionaire’s vehicle lineup includes: Most read in MotorsWHAT A CONCEPT Volkswagen unveils their future...
    PHILADELPHIA (CBS) — Police have made an arrest in a hit-and-run that left a 21-year-old person dead in Germantown Monday. Philadelphia police arrested 25-year-old Quadera Parrish on Friday. Police say Parrish turned herself in. She has been charged with homicide by vehicle, involuntary manslaughter and other related charges. READ MORE: Former NBA Star Rasheed Wallace Honored With Philadelphia Street Named After HimInvestigators say Dia Lee was hit by a Tesla while crossing Germantown Avenue and Coulter Street just before 7 p.m. on Monday. They say the impact was so strong that Dia was launched nearly 12 feet in the air and hit a traffic light. READ MORE: Supreme Court Overturns Roe v. Wade, Allowing States To Ban AbortionDia was taken to a local hospital where she was pronounced dead. After an extensive search, police tracked down the Tesla involved on Sydenham Street Thursday afternoon, but not the driver. MORE NEWS: Philadelphia School Of Circus Arts In West Mounty Airy Kicks Off Summer CampA surveillance image released by police shows heavy damage to the right passenger’s side and...
    Tesla's CEO Elon Musk said his new car factories are 'losing billions of dollars' due to supply chain woes and battery shortages. 'This factory is losing insane money right now,' he explained. 'We should be operating a lot more cars from this factory versus a very puny amount of cars.' 'Both Berlin and Austin factories are gigantic money furnaces right now. Okay? It's really like a giant roaring sound, which is the sound of money on fire,' he told members of a club of Silicon Valley Tesla owners in Austin in an interview published Wednesday.  Musk said Tesla's Texas factory produces a 'tiny' number of cars because of challenges in boosting production of its new '4680' batteries and as tools to make its conventional 2170 batteries are 'stuck in port in China.' Telsa founder and CEO Elon Musk bemoaned the negative impact of supply chain disruptions on the production of electric vehicles at his Berlin and Austin gigafactories, saying that both are losing 'billions' of dollars at the moment.   'This is all going to get fixed real fast, but it...
    PHILADELPHIA (CBS) — There’s been a big break in the case of a deadly hit-and-run in Germantown. Police found the car that struck and killed a 21-year-old Monday night. But the question remains, where is the driver? Police tracked down the Tesla but are still looking for the driver. Meanwhile, the victim’s employer wrote an emotional message on social media. READ MORE: Man Driving Naked From 'Waist Down' Kills Teenager, Injures Another Person During Crash In West Philadelphia: PoliceCandles and balloons surround a picture of Dia Lee. Police say the 21-year-old was killed in a hit-and-run crash on Monday night. People who live in the area added flowers to a growing makeshift memorial in honor of Dia. Investigators say Lee was hit by a Tesla while crossing Germantown Avenue and Coulter Street just before 7 p.m. on Monday. They say the impact was so strong that Dia was launched nearly 12 feet in the air and hit a traffic light. After an extensive search, police tracked down the Tesla involved on Sydenham Street Wednesday afternoon, but not the driver. READ...
    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...
    DETROIT (AP) — Tesla CEO Elon Musk is appealing a federal court ruling that upheld a securities fraud settlement over Musk’s tweets claiming that he had the funding to take Tesla private in 2018. Musk’s lawyer Alex Spiro filed a notice of appeal Wednesday with the federal appeals court in Manhattan. No grounds were stated, and a full filing with the Second Circuit Court of Appeals is expected later. In April, U.S. District Judge Lewis Liman rejected Musk’s bid to throw the settlement that Musk signed with the Securities and Exchange Commission. He also denied a motion to nullify a subpoena of Musk seeking information about possible violations of the settlement. The settlement required that Musk’s tweets be approved by a Tesla attorney before being published. The SEC is investigating whether Musk violated the settlement with tweets last November asking Twitter followers if he should sell 10% of his Tesla stock. Limon’s ruling said that Musk made the tweets without getting pre-approval, but the judge later wrote that he didn’t mean to pass judgment on that issue. The whole...
    FORD is recalling 2.9m vehicles—some of which may not shift into proper gear and could move in an unintended direction. The models associated with the recall include 2013-2019 Escapes, 2013-2018 C-Max’s, 2013-2016 Fusions, and 2013-2021 Transit Connects. 2Ford Escape on displayCredit: Getty Images - Getty The transmission affected on Ford’s recalled models may not stay in the park position, even when shifted into park. A damaged or missing cable bushing may prevent these Fords from shifting into a driver’s intended gear—a dynamic that can easily cause injury, death, or property damage. This type of incident within a Jeep Cherokee caused the death of actor Anton Yelchin in 2016. Yelchin’s Jeep rolled down his driveway and pinned him to a brick wall on his property, CNN reports. READ MORE ON FORDSHOO OFF Inside Ford's plan to put screen doors on its SUVs to keep bugs out'HOLY GRAIL' 1972 Ford Capri - the only one of its kind - set to fetch £60k at auction Ford states that the company is aware of six reports of property damage and four reports of injuries...
    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 laughingly recalled a food poisoning outbreak at Jack in the Box restaurants that killed four children and sickened more than 700 people in 1993. The Tesla Motors CEO has previously recounted his early days in Silicon Valley as a coder writing video games. Musk has said he and his brother Kimbal relied on Jack in Box as a late-night dinner option when they lived in Palo Alto in the 1990s. Appearing on Friday’s episode of the “Tesla Owners Silicon Valley” YouTube show, a host asked Musk about his favorite Jack in the Box meal. BREAKING: I got to interview @elonmusk with @kgee @EliBurton_ @klwtts and of course we asked some hard hitting questions about @JackBox. Here is Part 1 of 3 for Tesla Owners Silicon Valley’s interview with @elonmusk: Early Days of Tesla ???? @klwtts https://t.co/IDCWTsGsot pic.twitter.com/wp9paslpGC — Tesla Owners Silicon Valley (@teslaownersSV) June 3, 2022 Here is the exchange: CO-HOST: What’s your favorite Jack in the Box meal? MUSK: We went through every Jack in the Box meal. The teriyaki bowl can be decent at...
    DETROIT (AP) — More than 750 Tesla owners have complained to U.S. safety regulators that cars operating on the automaker’s partially automated driving systems have suddenly stopped on roadways for no apparent reason. The National Highway Traffic Safety Administration revealed the number in a detailed information request letter to Tesla that was posted Friday on the agency’s website. READ MORE: Gear Up For 2022 Detroit Grand Prix -- Here's What To KnowThe 14-page letter dated May 4 asks the automaker for all consumer and field reports it has received about false braking, as well as reports of crashes, injuries, deaths and property damage claims. It also asks whether the company’s “Full Self Driving” and automatic emergency braking systems were active at the time of any incident. The agency began investigating phantom braking in Tesla’s Models 3 and Y last February after getting 354 complaints. The probe covers an estimated 416,000 vehicles from the 2021 and 2022 model years. In February, the agency said it had no reports of crashes or injuries. The letter gives Tesla a deadline of June 20...
    Los Angeles police are asking the public’s help in identifying the driver of a BMW sedan believed to have been racing a Tesla driver who died after he lost control of the car and crashed in Lake Balboa over the weekend. The crash occurred about 12:30 a.m. Saturday, May 28, along Victory Boulevard near White Oak Avenue. The drivers were speeding westbound on Victory, police said, when the driver of the Tesla lost control near Encino Avenue, ran off the roadway and hit a light pole and a tree. Police identified the driver as about 35-years old; his identity was withheld pending notification of his relatives. The driver of the BMW briefly stopped without exiting the car, then sped off westbound, police said. They believe the BMW is purple or dark blue in color, a 2011 to 2015 M3 or M5, lowered, with a modified exhaust and a built-in spoiler. The driver is being sought on suspicion of speed racing and felony hit-and-run. Anyone with information is asked to call detectives at 818-644-8028. Anonymous tips can be submitted by calling LA Crime...
    DETROIT (AP) — More than 750 Tesla owners have complained to U.S. safety regulators that cars operating on its partially automated driving systems have suddenly stopped on roadways for no apparent reason. The National Highway Traffic Safety Administration revealed the number in a detailed information request letter to Tesla that was posted Friday on the agency’s website. The 14-page letter dated May 4 asks the automaker for all consumer and field reports it has received about false braking, as well as reports of crashes, injuries, deaths and property damage claims. It also asks whether the company’s “Full Self Driving” and automatic emergency braking systems were active at the time of any incident. The agency began investigating phantom braking in Tesla’s Models 3 and Y last February after getting 354 complaints. The probe covers the 2021 and 2022 model years. Copyright © 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
    London (CNN Business)Fears about whether America could fall into a recession are dominating conversations among investors and pose a risk to the Biden administration ahead of midterm elections this fall.In the meantime, the US economy is humming along — though there are signs it is sliding into a lower gear.That poses new challenges for companies and workers. But it could help the Federal Reserve in the medium-term, as it tries to roll back pandemic-era support for the economy and get inflation under control without generating a shock.Here are three indicators that America's economic engine is cooling compared to the frenzied period after coronavirus lockdowns were lifted. 1. The job market: The US jobs report for May arrives Friday. It's expected to show that 325,000 positions were added last month. That's a solid number, but down from 428,000 in April.Read MoreFor much of the past year, roughly 450,000 to 650,000 jobs have been added each month.2. The housing market: Borrowing costs have jumped as a result of the Fed's decision to start hiking interest rates. A 30-year fixed-rate mortgage averaged 5.09%...
    The driver of a Tesla operating on Autopilot must stand trial for a crash that killed two people in a Los Angeles suburb, a judge ruled Thursday. There is enough evidence to try Kevin George Aziz Riad, 27, on two counts of vehicular manslaughter in the 2019 crash in Gardena, a Los Angeles County judge said. It is believed to be the first felony prosecution in the U.S. against a driver who was using using a partially automated driving system. Police said the Tesla Model S left a freeway and ran a red light in Gardena and was doing 74 mph when it smashed into a Honda Civic at an intersection on December 29, 2019. The crash killed Gilberto Alcazar Lopez, 40, of Rancho Dominguez and Maria Guadalupe Nieves-Lopez, 39, of Lynwood, who were in the Civic and were on their first date that night, relatives told the Orange County Register. Kevin George Aziz Riad, 27, will stand tria on two counts of vehicular manslaughter in the 2019 crash (above) in Gardena, a Los Angeles County judge said Thursday ...
    Twitter will still be sold to Elon Musk, executives at the social media giant said on Thursday - despite Musk's claim last week that the deal was 'on hold', and his repeated questioning of the company's user numbers. Hours after the discussion, claims emerged that Musk had sexually harassed a flight attendant on a SpaceX corporate jet in 2016 - and was paid $250,000 for her silence in 2018. Musk said there was 'a lot more to the story' and described it as 'a politicially-motivated hit piece'.  Asked initially why he wanted to buy Twitter, the South African billionaire said it was to promote free speech, and that he intended to 'clean up' Twitter, and get rid of spam and bots. Then, on Friday, he said that the $44 billion deal was 'temporarily on hold' until Twitter could prove that less than 5 percent of its users were fake or spam accounts. 'This is a big deal,' he said on Monday at a podcast summit. 'It seems like if you said, 'Okay, I agree to buy your house.' You say...
    Washington, DC (CNN Business)The National Highway Traffic Safety Administration said Wednesday that it is investigating a Tesla crash in Newport Beach, California, this month that killed three people in the vehicle and injured three construction workers.The NHTSA team that conducts in-depth crash investigations is examining the crash's circumstances, including whether Tesla's driver-assist technology was active during the crash. Local police, who are also investigating, have declined to say if Tesla's proprietary Autopilot system was active. The administration conducts many crash investigations. Some are purposefully selected, such as this Tesla crash, while others are selected at random for examination to identify safety problems and assess how effective motor vehicle standards are.NHTSA's in-depth crash investigation team has 42 open investigations related to driver-assist technology, 35 of which involve Tesla. The Newport Beach crash investigation was requested by NHTSA's Office of Defects Investigation, which identifies unsafe motor vehicles and manages recalls. Tesla did not respond to a request for comment.Read MoreThe Newport Beach crash occurred at 12:45 a.m. on May 12. A Tesla Model S struck a curb on the Pacific Coast Highway...
    A federal auto industry regulator is looking into a fatal crash involving a Tesla vehicle that led to three deaths. The U.S. National Highway Traffic Safety Administration announced on Wednesday it had opened an investigation into a May 12 crash in California. The investigation is specifically focused on the role of the vehicle's autopilot. The 2022 Tesla Model S was heading east in Newport Beach when it hit a curb and struck construction equipment. The crash killed three people inside the vehicle and injured three construction workers. GAS COULD RISE ABOVE $6 PER GALLON BY END OF SUMMER: EXPERTS Newport Beach police declined to comment on whether the vehicle had autopilot on at the time of the crash. The NHTSA has been investigating Tesla and its autopilot system for some time, announcing in August that it was investigating the system after 11 crashes involving the software occurred. That number has since grown to 30 crashes. The regulatory agency has not verified whether autopilot was active in all crashes. In at least one case, a driver...
    By Chris Isidore | CNN Business How do you regulate a man worth more than $200 billion who thinks he knows better than everyone else? The simple answer is: You don’t. Elon Musk has once again proven he’ll do things his own way, announcing Friday that his $44 billion deal to buy Twitter is on hold. He shared this news in a tweet rather than in a formal filing with the Securities and Exchange Commission. The drama over the deal has continued to play out in a series of tweets between Musk and the company. Because the SEC ruled back in 2013 that using Twitter and other social media platforms are an acceptable way for public companies to disclose material information, this might be one of the legal ways he’s flouted convention. But many other moves by Musk over the years have broken actual rules, not just skirted norms, yet none of it has slowed him down or changed his behavior. The financial penalties that regulators or business partners might put in place mean little to someone as wealthy as...
    DETROIT (AP) — The U.S. government’s road safety agency has dispatched a team to investigate the possibility that a Tesla involved in a California crash that killed three people was operating on a partially automated driving system. The National Highway Traffic Safety Administration on Wednesday confirmed that it had sent a special crash investigation team to probe the May 12 crash on the Pacific Coast Highway in Newport Beach. READ MORE: Small Businesses In Michigan Saw Record Job Growth In 2021, Data SaysThe investigation is part of a larger inquiry by the agency into crashes involving advanced driver assistance systems such as Tesla’s Autopilot. Since 2016, the agency has sent teams to 34 crashes in which the systems were either in use or suspected of operating. Of the 34, 28 involved Teslas, according to a NHTSA document released Wednesday. Fifteen people died in the crashes that NHTSA is investigating, and at least 15 more were hurt. Of the deaths, 14 occurred in crashes involving Teslas, the documents say. In addition to the specific crashes, NHTSA has investigations under way into...
    By Tom Krisher | The Associated Press The U.S. government’s road safety agency has dispatched a team to investigate the possibility that a Tesla involved in a Newport Beach crash that killed three people was operating on a partially automated driving system. The National Highway Traffic Safety Administration on Wednesday confirmed it had sent a special crash investigation team to probe the May 12 crash on the Pacific Coast Highway. The investigation is part of a larger inquiry by the agency into crashes involving advanced driver assistance systems such as Tesla’s Autopilot. Since 2016, the agency has sent teams to 34 crashes in which the systems were either in use or suspected of operating. Of the 34, 28 involved Teslas, according to an NHTSA document released Wednesday. Fifteen people died in the crashes that NHTSA is investigating, and at least 15 more were hurt. Of the deaths, 14 occurred in crashes involving Teslas, the documents say. In addition to the specific crashes, NHTSA has investigations under way into Teslas on Autopilot crashing into emergency vehicles parked along roadways, as well...
    DETROIT -- The U.S. government's road safety agency has dispatched a team to investigate the possibility that a Tesla involved in a California crash that killed three people was operating on a partially automated driving system.The National Highway Traffic Safety Administration on Wednesday confirmed that it had sent a special crash investigation team to probe the May 12 crash on the Pacific Coast Highway in Newport Beach.The investigation is part of a larger inquiry by the agency into crashes involving advanced driver assistance systems such as Tesla's Autopilot. Since 2016, the agency has sent teams to 34 crashes in which the systems were either in use or suspected of operating. Of the 34, 28 involved Teslas, according to a NHTSA document released Wednesday.Fifteen people died in the crashes that NHTSA is investigating, and at least 15 more were hurt. Of the deaths, 14 occurred in crashes involving Teslas, the documents say.I-TEAM EXCLUSIVE: Victim who died in Tesla crash had complained about AutopilotEMBED More News Videos Friends and family are mourning the death of Apple engineer Walter Huang after he crashed...
    DETROIT -- The U.S. government's road safety agency has dispatched a team to investigate the possibility that a Tesla involved in a California crash that killed three people was operating on a partially automated driving system.The National Highway Traffic Safety Administration on Wednesday confirmed that it had sent a special crash investigation team to probe the May 12 crash on the Pacific Coast Highway in Newport Beach.The investigation is part of a larger inquiry by the agency into crashes involving advanced driver assistance systems such as Tesla's Autopilot. Since 2016, the agency has sent teams to 34 crashes in which the systems were either in use or suspected of operating. Of the 34, 28 involved Teslas, according to a NHTSA document released Wednesday.Fifteen people died in the crashes that NHTSA is investigating, and at least 15 more were hurt. Of the deaths, 14 occurred in crashes involving Teslas, the documents say.In addition to the specific crashes, NHTSA has investigations under way into Teslas on Autopilot crashing into emergency vehicles parked along roadways, as well as a probe into Autopilot braking...
    DETROIT (AP) — The U.S. government’s road safety agency has dispatched a team to investigate the possibility that a Tesla involved in a California crash that killed three people was operating on a partially automated driving system. The National Highway Traffic Safety Administration on Wednesday confirmed that it had sent a special crash investigation team to probe the May 12 crash on the Pacific Coast Highway in Newport Beach. The investigation is part of a larger inquiry by the agency into crashes involving advanced driver assistance systems such as Tesla’s Autopilot. Since 2016, the agency has sent teams to 34 crashes in which the systems were either in use or suspected of operating. Of the 34, 28 involved Teslas, according to a NHTSA document released Wednesday. Fifteen people died in the crashes that NHTSA is investigating, and at least 15 more were hurt. Of the deaths, 14 occurred in crashes involving Teslas, the documents say. In addition to the specific crashes, NHTSA has investigations under way into Teslas on Autopilot crashing into emergency vehicles parked along roadways, as well as...
    New York (CNN Business)How do you regulate a man worth more than $200 billion who thinks he knows better than everyone else? The simple answer is: You don't.Elon Musk has once again proven he'll do things his own way, announcing Friday that his $44 billion deal to buy Twitter is on hold. He shared this news in a tweet rather than in a formal filing with the Securities and Exchange Commission. The drama over the deal has continued to play out in a series of tweets between Musk and the company. Because the SEC ruled back in 2013 that using Twitter and other social media platforms are an acceptable way for public companies to disclose material information, this might be one of the legal ways he's flouted convention. But many other moves by Musk over the years have broken actual rules, not just skirted norms, yet none of it has slowed him down or changed his behavior.The financial penalties that regulators or business partners might put in place mean little to someone as wealthy as Musk. He's walking, tweeting proof...
    Twitter CEO and board member Parag Agrawal has insisted that he still expects Elon Musk's $44 billion acquisition of the company to close, after the billionaire threw the deal into doubt by tweeting that it was 'temporarily on hold'. In a lengthy Twitter thread on Friday, Agrawal wrote: 'While I expect the deal to close, we need to be prepared for all scenarios and always do what’s right for Twitter.' Agrawal also addressed his move on Thursday to fire two top Twitter execs, saying that he is 'accountable for leading and operating Twitter, and our job is to build a stronger Twitter every day.'  It came hours after Musk in a surprise move sent sent Twitter stock plunging by casting doubt on his takeover, as analysts speculated that he was trying to negotiate a lower price for the deal or pull out completely. The remarks sent Twitter shares plunging, and they closed down nearly 10 percent for the day, with Agrawal's comment late in the session having little impact.  Twitter CEO and board member Parag Agrawal (left) has insisted that he still...
    Snoop Dogg has gone viral after suggesting he 'may have [to] buy Twitter now' after Elon Musk's $44billion takeover was put on pause.  The rapper, whose legal name is Calvin Cordozar Broadus Jr, took his shot at becoming the next Twitter owner, jokingly tweeting about how he's going to 'replace the board of directors with Jimmy from my corner Fish Fry, Tommy Chung [sic] and tha [sic] guy with the ponytail [Pete Najarian] on CNBC.'  Snoop also said he'd immediately give everyone a blue checkmark, 'even tha [sic] bots with 10 letters in their name that hit you in DMs [and] just say: “Hello.” Nah, f**k those bots.'  The 50-year-old Young, Wild, and Free singer said his 'first line of business' would be putting free internet on planes, referencing one of Musk's other business ventures Starlink, which JSX airline announced on April 21 it would be utilizing get internet on their planes in the next year.  The commodity would come free of charge, which got the singer thinking: '29 dollars for 1 hour is bulls**t.'  If Snoop Dogg was seriously about...