Category: Elon Musk

‘Consumer Reports’ calls out Tesla’s Navigate on Autopilot update

Tesla CEO Elon Musk has proclaimed unfaltering adoration for his electric car company’s Autopilot feature on highways. But after a recent update meant to make it easier to use the semi-autonomous system, not everyone is so keen on the advanced-driving assistance tool. Review service and publication Consumer Reports blasted Navigate on Autopilot on Wednesday following
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Elon Musk banks on his self-driving taxi service as Tesla burns through cash

Tesla’s robo-taxis are needed more than ever. The company lost $702 million in the first three months of the year and the EV maker doesn’t expect to be profitable again until the second half of the year, according to first quarter earnings results reported Wednesday. Revenue was lower than expected at $4.5 billion. CEO Elon
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Tesla is raising the price of its full self-driving option – TechCrunch

In a few weeks, Tesla buyers will have to pay more for an option that isn’t yet completely functional, but that CEO Elon Musk promises will one day deliver full autonomous driving capabilities. Musk tweeted Saturday that the price of its full self-driving option will “increase substantially over time” beginning May 1. Tesla vehicles are
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Elon Musk defends tweets in SEC’s contempt proceedings – TechCrunch

Tesla CEO Elon Musk argued Friday that his Twitter use did not violate a settlement agreement with the U.S. Securities and Exchange Commission and that the agency’s request to have him held in contempt is based on a “radical interpretation” of the order, according to court papers filed in Manhattan federal court. The SEC has asked
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Why Silicon Valley needs more visas – TechCrunch

Henrique Dubugras Contributor Henrique Dubugras is the founder Brex, the billion-dollar corporate credit provider for startups. More posts by this contributor Lessons from building Brex into a billion-dollar startup When I hear protesters shout, “Immigrants are welcome here!” at the San Francisco immigration office near my startup’s headquarters, I think about how simple a phrase
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