A shadowy left-wing group has said it was behind the suspected arson that prompted the shutdown of a major Tesla plant near Berlin. The authorities and Tesla owner Elon Musk have condemned the actions of “terrorists.” Tesla’s Gigafactory Berlin-Brandenburg in Gruenheide was evacuated on Tuesday when a nearby electricity pylon …
Read More »South Korea may punish Tesla
The Korea Fair Trade Commission (KFTC) is weighing imposing penalties against US automaker Tesla, after the regulator found out that the company had embellished the specifications of its batteries. The regulator sent a report to the electric vehicle (EV) producer stating that it had exaggerated the mileage of some of …
Read More »Soros buys stake in ‘Tesla killer’ startup
Billionaire investor George Soros bought nearly 20 million shares of electric truck startup Rivian, according to securities filings released on Friday. The shares were worth roughly $2 billion at the time of purchase, making Soros Fund Management one of the firm’s largest investors. Rivian, which is 20% owned by e-commerce …
Read More »Elon Musk’s ‘threat’ tweet lands Tesla in court
A lawyer for Tesla told a US appeals court on Wednesday that a 2018 tweet by chief executive Elon Musk suggesting factory workers would lose stock options if they unionized was not an unlawful threat, because it simply reflected the position of the union. The tweet came amid the United …
Read More »Tesla investors demand billions from Elon Musk
Tesla investors on Tuesday asked a judge to order Elon Musk to repay the electric carmaker for the 2016 acquisition of solar panel producer SolarCity. The company has been integrated and reorganized, and is now known as Tesla Solar. The plaintiffs on the case filed last year claim Musk used …
Read More »Tesla reducing dependence on China with graphite deal
Elon Musk’s Tesla has signed a deal to get a key component for electric car batteries outside of China, in an apparent effort to reduce dependence on the Asian nation for graphite. The car maker is now in business with Australia’s Syrah Resources, which operates a graphite mine in Balama, …
Read More »Tesla owner uses Model 3 to mine for crypto
Cryptocurrency mining, which is an energy-intensive process, usually requires a computer and a lot of power. However, some are coming up with inventive ways of generating crypto coins. San Francisco-based Siraj Raval told CNBC he runs free bitcoin mining software on his Apple Mac mini M1 and powers the computer …
Read More »Tesla slammed for ‘supporting genocide’
The announcement by electric car maker Tesla that it has opened a showroom in China’s Xinjiang has been met with ire from US rights and trade groups, as the region is believed to be involved in human rights abuses. Tesla announced the opening of the showroom in Xinjiang’s regional capital, …
Read More »Tesla Bots could become companions with ‘unique’ personalities, Musk says
Tesla CEO Elon Musk claimed this week that his company’s in-development humanoid robots could form personalities that match their owners and become good companions, as well as laborers. After being asked on the Lex Fridman Podcast whether Tesla’s robots could serve as a “friend or assistant” and help combat loneliness, …
Read More »Tesla pulls plug on crash-risky gameplay feature after probe
“Following the opening of a preliminary evaluation of Tesla’s ‘Passenger Play,’ Tesla informed the agency that it is changing the functionality of this feature. In a new software update, ‘Passenger Play’ will now be locked and unusable when the vehicle is in motion,” a National Highway Traffic Safety Administration (NHTSA) …
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