The Mozilla Foundation recently investigated the privacy practices of 25 major car brands through its ongoing series, *Privacy Not Included. The research uncovered the automotive industry as the worst category the group has looked into yet when it comes to protecting consumer privacy. Across all manufacturers reviewed, excessive collection and…Read More
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.Read More
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.Read More
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.Read More
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.Read More
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.Read More
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.Read More
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.Read More
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.Read More
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.Read More
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.Read More
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.Read More
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.Read More