Tesla announced a record quarterly profit on Monday as sales of its electric vehicles boomed in the first three months of year. The world’s most valuable car company recorded a profit of $438m on revenues of $10.39bn despite facing supply issues and the latest in a series of safety investigations Continue Reading
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Tesla crash: investigators ‘100% sure’ no one driving car in fatal Texas incident | Tesla
Federal safety regulators have sent a team to investigate the fatal crash of a Tesla electric car in a Houston suburb in which no one was behind the wheel. The Tempemail Highway Traffic Safety Administration (NHTSA) said on Monday it had sent a special crash investigation team to Spring, Texas. Continue Reading
Two die in Tesla car crash in Texas with ‘no one’ in driver’s seat, police say | Tesla
Two men died after a Tesla vehicle, which was believed to be operating without anyone in the driver’s seat, crashed into a tree north of Houston, authorities said. “There was no one in the driver’s seat,” Sgt Cinthya Umanzor of the Harris County Constable Precinct 4 said of the crash Continue Reading
Meet the Briton leading a Tesla rival who wants to save the planet | Automotive industry
The Lucid Motors boss Peter Rawlinson is fluent in the language of the new breed of electric carmaker: he wants to save the planet and he wants to do it fast. The California carmaker is only starting production of its hotly anticipated first model in the second half of this Continue Reading
Tesla Ransomware Hacker Pledges Guilty; Swiss Hacktivist Charged for Fraud – Tempemail
The U.S. Department of Justice yesterday announced updates on two separate cases involving cyberattacks—a Swiss hacktivist and a Russian hacker who planned to plant malware in the Tesla company. A Swiss hacker who was involved in the intrusion of cloud-based surveillance firm Verkada and exposed camera footage from its customers Continue Reading
Elon Musk’s Tesla lobbied UK to raise tax on petrol and diesel | Tesla
Elon Musk’s Tesla lobbied the UK government to raise taxes on petrol and diesel cars in order to fund bigger subsidies for electric vehicles, alongside a ban on hybrids. The US electric car pioneer called for a rise in fuel duty and a charge on petrol and diesel car purchases Continue Reading
Elon Musk changes his Tesla job title to ‘technoking’ | Elon Musk
Elon Musk, the billionaire chief executive of Tesla with a penchant for eccentric behaviour, has changed his job title to “technoking” of the electric car manufacturer. In addition to Musk, who also retains his position as chief executive, the company’s financial chief, Zach Kirkhorn, has been rebranded as “master of Continue Reading
Elon Musk no longer world’s richest person as Tesla shares fall | Elon Musk
Elon Musk, the maverick boss of Tesla, is no longer the world’s richest person after shares in the electric car company dropped 8.6% on Monday, wiping $15.2bn (£10.8bn) off his fortune. Musk, who last month leapfrogged Amazon founder Jeff Bezos to take the title of the world’s wealthiest person, dropped Continue Reading
Tesla buys $1.5bn in bitcoin, pushing price to new high | Bitcoin
Tesla, the electric car company run by the world’s richest person, Elon Musk, revealed on Monday that it had bought $1.5bn (£1.1bn) in bitcoin and said it may soon accept payment in the popular but controversial cryptocurrency. The company disclosed the bitcoin holding in a filing with the US Securities Continue Reading
Is big tech now just too big to stomach? | Business
The coronavirus pandemic has wrought economic disruption on a global scale, but one sector has marched on throughout the chaos: big tech. Further evidence of the industry’s relentless progress has come in recent weeks with the news that Apple and Amazon both raked in sales of $100bn (£72bn) over the Continue Reading