Video didn’t kill the radio star. But auto manufacturers might, as they consider eliminating AM radio from new vehicles in their transition from gas- to electric-powered fleets.
Manufacturers such as BMW, Mazda, Tesla, and Volkswagen are taking AM radio out of new electric vehicles over concerns their engines will interfere with how AM stations sound, according to The Washington Post.
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Elon Musk told Fox News host Tucker Carlson Monday that it was “absolutely” possible for artificial intelligence to take control of civilization and make decisions for people.
“That’s real? It is conceivable that AI could take control and reach a point where you couldn’t turn it off and it would be making the decisions for people?” Carlson, a co-founder of the Daily Caller and Daily Caller News Foundation, asked Musk during an interview that aired Monday.
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Construction and mining equipment giant Caterpillar Inc. announced Tuesday it will move its global headquarters from its current location in Deerfield, Illinois, to the company’s existing office in Irving, Texas.
“We believe it’s in the best strategic interest of the company to make this move, which supports Caterpillar’s strategy for profitable growth as we help our customers build a better, more sustainable world,” said Chairman and CEO Jim Umpleby in a press release.
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New research reveals that Microsoft founder Bill Gates, formerly the world’s wealthiest man, has been donating hundreds of millions of dollars to dark money groups that have been publicly attacking Tesla and SpaceX CEO Elon Musk, the current wealthiest man in the world.
As reported by Breitbart, Gates’ foundation donated to 11 of the 26 organizations that signed onto an open letter last month demanding a boycott of Twitter by its advertisers over Musk’s recent purchase of the company. The report comes from the Foundation for Freedom Online (FFO), which traced the money from the signatories of the letter back to the Bill and Melinda Gates Foundation.
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Tesla CEO Elon Musk, who has questioned Twitter’s commitment to free speech, has taken a 9% stake in the social media platform, making him its largest shareholder.
Musk bought 73.5 million shares worth $2.9 billion, based on the closing price Friday, the Associated Press reported Monday.
However, what Musk intends to do as a result of the purchase remains unclear.
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House Speaker Nancy Pelosi’s husband purchased 2,500 shares of Tesla stock amid Democrats’ push for increased green energy spending.
Paul Pelosi, the Democratic House leader’s millionaire husband, purchased the tranche of Tesla stock on Thursday, when the company’s share price reached about $872 per share by the end of day, according to congressional filings published Monday. Pelosi bought the shares, worth roughly $2.18 million at the time, at a strike price of $500 per share.
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Tesla recalled nearly 600,000 vehicles on Thursday, the electric car maker’s fifth major recall in the past several months.
The recall, which affects all 2020-2022 Tesla Model S, X and Y cars and as well as certain 2017–2022 Tesla Model 3s, a total of 578,607 vehicles, is due to safety issues raised by the vehicles’ “Boombox” feature that plays music outside the vehicle, according to Bloomberg. The Boombox feature impairs the vehicles’ “pedestrian warning system,” an auditory feature that alerts pedestrians to the vehicles’ presence.
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Tesla issued recalls for nearly half a million Model S and Model 3 vehicles over potential safety concerns resulting from malfunctioning trunk technology, Barron’s reported.
The recalls, submitted on Dec. 21 to the National Highway Traffic Safety Administration (NHTSA), are for issues related to opening and closing the trunk in around 355,000 Model 3 cars and for a misaligned front trunk latch assembly in roughly 120,000 Model S vehicles, Barron’s reported.
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A major nickel mine in a Philippines rainforest has continued to expand, mowing down acres of trees as global demand for minerals essential for electric vehicle manufacturing surges.
The Rio Tuba mine in the region of Palawan supplies an important mineral for electric vehicle batteries in Tesla and Toyota cars, but the mine is nearing an expansion that would cause it to grow from four square miles to 14 square miles, according to an NBC News investigation. The growth of the mine would cause massive deforestation of the land which environmentalists warn could destroy the area’s ecosystem.
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Investment bank JP Morgan filed a complaint against Tesla late Monday alleging the electric car company owes the firm over $162 million.
The complaint centers on stock warrants, financial instruments allowing a buyer to purchase shares at a set price within a certain length of time, that JP Morgan bought from Tesla in 2014. The two firms agreed to a “strike price” at the time of purchase, and they agreed that if Tesla’s share price exceeded the strike price within the agreed-upon length of time, the electric car company would have to give JP Morgan stock or cash equivalent to the difference in prices, JP Morgan said in the complaint.
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Tesla CEO Elon Musk announced on Thursday that the company will be moving its headquarters out of California and into Texas, according to CNN.
“I’m excited to announce that we’re moving our headquarters to Austin, Texas,” Musk announced to a shareholders’ meeting on Thursday. The company, which specializes in electric vehicles, had been based out of California since its foundation in San Carlos, with its first factory built in Fremont and its current headquarters located in Palo Alto.
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In a highly orchestrated and publicized White House gathering this month, President Biden presented a detailed plan for the development of a U.S. fleet of clean, high-mileage electric automobiles that would reduce reliance on gasoline and generate thousands of good union jobs. It’s a new, government-encouraged, taxpayer-subsidized auto world. The plan calls for U.S. auto production to become 50% electric by 2030. Today, the electric share stands at a paltry 2%.
Top leaders from Ford, GM, and Stellantis (formerly Fiat-Chrysler), along with environmentalists and governors, were prominently invited to share in the announcement. Yet the absence of any non-union, America-located auto producers was glaring. There were no representatives from Hyundai, Nissan, or Toyota – companies that have long produced popular vehicles within our borders and recently expressed some support for Biden’s goal. Also striking was the absence of Tesla’s Elon Musk, the world’s acknowledged leader in the electric car and battery revolution. Tesla is an American firm, but it is not unionized.
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There is a growing push in the U.S. and throughout much of the developed world to convert transportation from a primary reliance on fossil fuels to an almost-exclusive use of renewable energy (wind and solar). With this goal come promises of unlimited clean and free energy, the creation of millions of green jobs, and the benefit of helping save the planet from an imminent climate catastrophe.
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The Minnesota Automobile Dealers Association (MADA) filed a federal lawsuit Wednesday aiming to stop Gov. Tim Walz’s administration from adopting California’s vehicle emission standards.
MADA, which represents 350 franchised new car dealers with more than 20,000 employees, alleges Minnesota lacks the authority under the Federal Clean Air Act to regulate motor vehicle emissions.
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Electric-powered cars are now the rage. Tesla’s market capitalization is seven times larger than that of General Motors and fourteen times larger than Ford’s, though it builds a fraction of the vehicles that those companies do. Many politicians are even considering banning gasoline-powered cars within a few years in favor of electric vehicles (EVs), all in the name of saving the planet.
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by Michael Bastasch A Tesla Model 3 is touted as a zero-emissions car by government regulators, but it actually results in more carbon dioxide than a comparable diesel-powered car, according to a recent study. When the CO2 emissions from battery production is included, electric cars, like Teslas, are “in…
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by Michael Bastasch Former Republican Ohio Gov. John Kasich, a potential 2020 opponent for President Donald Trump, has a pitch for Republicans: back global warming policies that are favored by Democrats. “This is like a call to arms. Let’s have conservatives have a discussion instead of being in denial…
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by Chris White Tesla CEO Elon Musk predicted Tuesday that the electric vehicle automaker will begin producing purely self-driving cars by the end of 2019. The mercurial tech guru has made similar predictions in the past. Musk argued in 2015 that his company would complete a self-driving feature within…
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Electric car and solar panel maker Tesla said Friday it plans to cut its staff by about seven percent. “The road ahead is very difficult,” the company’s founder and CEO Elon Musk said in an email to employees posted on the company’s website. He said Tesla Inc. hopes to post…
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by Chris White General Motor’s decision to restructure and layoff thousands of employees Monday includes eliminating a hybrid vehicle former President Barack Obama once called the car of the future for the Detroit company. GM said Monday that it will cut roughly 14,000 people in North America and will idle factories…
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by Chris White Billionaire tech guru Elon Musk agreed to step down as the chairman of Tesla after the Securities and Exchange Commission sued the electric vehicle company for fraud, according to court documents published Saturday. Musk, who owns roughly 20 percent of the company, also agreed to pay…
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