(FILES) Tesla CEO Elon Musk is set to meet Prime Minister Narendra Modi on his trip to India, discussing topics like Tesla, Starlink and more. (AFP) News 

Elon Musk’s visit to India to discuss Starlink approvals, Tesla factories, and other topics

Tech billionaire Elon Musk is planning a visit to India as his companies look to expand into the country, which is the world’s most populous nation. Tesla, his electric car company, is reportedly exploring potential factory sites in India as sales in the United States decline. Another Musk-owned company, satellite internet operator Starlink, is receiving preliminary approvals to operate in India, a government source told AFP. Also on the “free speech” agenda of what is likely to be a free speech absolutist is the large number of content removal orders…

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Elon Musk anticipates AGI smarter than humans by next year (REUTERS) AI 

Elon Musk of Tesla predicts that AI will surpass the intelligence of the smartest human by next year.

Elon Musk, CEO of Tesla, stated on Monday that he anticipates the creation of artificial intelligence that surpasses human intelligence by either next year or by 2026. In a wide-ranging interview about X spaces suffering from a number of technology glitches, Musk also told Norwegian investment fund CEO Nicolai Tangen that the availability of electricity was limiting AI and that the next version of Grok, his xAI startup’s AI chatbot, was expected to be ready by May. “If you define AGI (artificial general intelligence) as a smarter human, I think…

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Tesla's Autopilot safety under scrutiny as it turns to Apple for help in a deadly crash lawsuit. (REUTERS) News 

Elon Musk seeks Apple’s assistance in Tesla crash lawsuit – More information provided

Tesla is seeking assistance from Apple to bolster its defense in a contentious lawsuit regarding the safety of its Autopilot system. The lawsuit, which arose from a deadly crash involving a Tesla Model X in 2018, has led to a legal dispute over the details of the incident. The incident occurred when a car operating on Autopilot crashed into a guardrail on US Highway 101 in Mountain View, California, killing Wei “Walter” Huang, a former Apple engineer. 9to5mac reports that Huang’s family filed a wrongful death lawsuit against Tesla, alleging…

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Elon Musk announced plans to unveil a ‘Tesla Robotaxi’ on August 8, refuting recent reports. (REUTERS) News 

Elon Musk to unveil Tesla robotaxi as company shifts focus away from low-cost EV manufacturing

Elon Musk, the CEO of Tesla, has revealed intentions to unveil a Tesla robotaxi on August 8, in response to recent speculation about the company’s shift away from a budget-friendly electric vehicle. Musk’s announcement comes after he refuted a Reuters report suggesting that Tesla was abandoning its $25,000 EV project to focus on the development of a robotaxi. A strategic change in the midst of sales difficulties Tesla’s decision stems from slow electric vehicle sales and declining profits, prompting Musk to look for alternative ways to bolster the company’s performance.…

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Nvidia's stock surge echoes cautionary tales from Tesla's rise and fall in the market, reminding investors of the risks of betting on technological transformations. (REUTERS) AI 

Nvidia takes over from Tesla as market shifts focus from electric vehicles to artificial intelligence

The surge of Nvidia Corp. is capturing the attention of the stock market and propelling the S&P 500 Index to record levels. However, it also serves as a warning of the potential risks associated with investing in companies that experience rapid growth based on promises of technological innovation, only to later disappoint investors. The shares belong to Tesla Inc., which sparked its own mania in 2017 as investors bet on the world being taken over by electric vehicles. At the time, Elon Musk’s company was a phenomenon, blowing past established…

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Apple has spent billions, years and thousands of employees to get the project running but reports say it has run out of fuel. News 

Apple shifts focus from Tesla rival to GenAI and other projects, halts work on competing vehicle.

Apple has been working on its own electric car division for more than 10 years, but it seems that the company has decided to end this dream and focus on other things. Apple has reportedly invested billions in the project codenamed Titan, but now wants to use its energy and resources to build Generative AI applications. Some of the people hired specifically for the car project will probably be fired, while some may merge with other groups that are actively working on new products and services in the company. According…

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The Amazon founder, Nvidia and other big technology names are investing in startup Figure AI that develops humanlike robots. News 

Bezos and Nvidia Team Up with OpenAI to Fund Startups in Humanoid Robot Technology Race

(Reuters) – Amazon.com founder Jeff Bezos, Nvidia and other big tech names are investing in a startup figure in an AI company that develops human-like robots, Bloomberg reported on Friday, citing people familiar with the situation. Figure AI, which is also backed by ChatGPT maker OpenAI and Microsoft, is reportedly raising about $675 million in a funding round with a preliminary estimate of about $2 billion. Bezos had committed $100 million through his company, Explore Investments LLC, and Microsoft is putting in $95 million, while Nvidia and Amazon’s affiliate fund…

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Tesla CEO Elon Musk states that Tesla has been generating real-world videos with accurate physics for about a year, similar to Sora. News 

Elon Musk asserts that Tesla has been producing Sora-like videos for OpenAI for the past year.

Tesla CEO Elon Musk has shared some intriguing insights into potential synergies between OpenAI’s Sora and its own autonomous driving ambitions after the ChatGPT maker unveiled its text-to-video model. Musk responded to a video on X titled “What does @OpenAI’s Sora have to do with @Tesla’s FSD (Full Self-Driving) v12″? year”. However, the tech billionaire mentioned that the videos weren’t very interesting because the actual training data only comes from the electric car maker’s camera-equipped fleet. “It wasn’t very interesting because all the training data came from the cars, so…

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Tesla's iPhone app now supports ultra wideband (UWB), offering improved security and precision for digital car keys. (Bloomberg) News 

Tesla enhances iPhone app to improve accuracy tracking and security similar to Apple AirTag technology

Tesla has released a notable update to its iPhone application, which includes the addition of ultra-wideband (UWB) support in version 2024.2.3. This improvement, emphasized by Not a Tesla App, offers a stronger and more secure digital key experience in comparison to Bluetooth technology. With UWB’s precise tracking capabilities, the vehicle can accurately determine the precise position of the key, reducing the likelihood of replay spoofing attacks. What are replay spoofing attacks? In replay spoofing attacks, cybercriminals intercept secure online communications and then fraudulently delay or resend them to the wrong…

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Tesla CEO Elon Musk plans to buy chips from Advanced Micro Devices (AMD) as part of the company's spending spree on computing hardware for artificial intelligence. (REUTERS) AI 

Elon Musk intends to purchase AMD chips for Tesla as part of a major AI initiative.

Elon Musk, the CEO of Tesla Inc., has announced his intention to purchase chips from Advanced Micro Devices Inc. as part of a significant investment in computing hardware for the purpose of managing artificial intelligence. After saying on his X social media platform that Tesla will spend more than $500 million on Nvidia Corp. hardware this year, Musk was asked if he would also buy chips from AMD. “Yes,” the billionaire replied. Nvidia is currently the leading so-called AI accelerator—processors suited to the data-intensive demands of technology—but competitors like AMD…

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The Austin-based electric vehicle (EV) maker is estimated to have handed over almost 483,200 vehicles in the fourth quarter. (REUTERS) News 

Tesla, led by Elon Musk, shifts focus to everyday buyers following success with electric vehicle enthusiasts.

Tesla Inc. is anticipated to announce on Tuesday that it achieved another record-breaking year in 2023, largely thanks to devoted Elon Musk enthusiasts and tech-savvy early adopters. Currently, the company is striving to expand its customer base. Analysts surveyed by Bloomberg estimate that the Austin-based electric vehicle (EV) manufacturer delivered approximately 483,200 vehicles in the fourth quarter. This suggests that Tesla likely surpassed its target of delivering 1.8 million cars last year, which is a historic milestone for the company but still only a small portion of the typical sales…

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US regulator found autopilot safety flaws in 2 million Tesla vehicles. (REUTERS) News 

Tesla Issues Recall for 2 Million Cars to Address Autopilot Safety Issues, Dealing a Major Setback to Elon Musk

Tesla Inc. is set to address its largest recall to date, involving over 2 million vehicles, following a ruling by the leading US auto-safety regulator. The regulator concluded that Tesla’s driver-assistance system, Autopilot, does not provide sufficient safeguards against misuse. This decision comes after an extensive investigation into the defect, which the National Highway Traffic Safety Administration intends to continue in order to assess the effectiveness of Tesla’s proposed solutions. According to a spokesperson from the NHTSA, the investigation revealed that Tesla’s methods of ensuring driver engagement were insufficient. “Automated…

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Tesla's latest Optimus Gen 2 is human-like in more ways than one, thanks to its newfound abilities, allowing it to dance, cook, and even exercise. AI 

Elon Musk Unveils ‘Optimus’ AI Robot Capable of Performing Squats and Boiling Eggs

Tesla CEO Elon Musk has shared a video of the company’s new Optimus Gen 2 robot, and based on first impressions, it is quite human-like, performing functions such as squatting, cooking eggs and more. Optimus Gen 2 is Tesla’s latest robot, and is the successor to Optimus Gen 1, which was announced in March. Compared to Bumblebee, which was announced in September 2021, on an annual basis, development seems to be progressing quickly. For those in the know, this robot is part of Tesla’s AI and Robotics division and uses…

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Tesla introduced its new Cybertruck on Thursday which is faster than ever. Know more. (REUTERS) News 

Tesla’s Revolutionary Ride: Cybertruck is Faster than a Porsche!

On Thursday, Tesla commenced the delivery of the Cybertruck to customers, marking the realization of Elon Musk’s personal endeavor. The billionaire proudly claims that this electric vehicle is more robust than bullets and swifter than a Porsche. “It’s very rare that a product comes along that seems impossible … that experts said would never be made,” a giddy Musk told an audience at Tesla’s Austin, Texas, headquarters. “And this is one of those times.” The angular truck that inspired the world of “Blade Runner” or “Mad Max” arrives two years…

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When Tesla starts Cybertruck deliveries on Thursday, though, it may have a devised a cheat that DeLorean couldn’t: color wraps. (REUTERS) News 

Cybertruck Makeover: Tesla Color Wraps to the Rescue!

Tesla Inc. has ingeniously crafted its stainless-steel Cybertuck to stand out as a truly unique creation – the inaugural vehicle accessible to the general public that eliminates the need for paint. This accomplishment is no small task, considering that the only other company to approach this concept, DeLorean, managed to sell a mere 9,000 cars before succumbing to bankruptcy in 1982. However, when Tesla begins Cybertruck deliveries on Thursday, it may have a gimmick the DeLorean couldn’t: color wraps. A decorative film affixed to the vehicle’s exterior — and a…

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The Tesla Logo is seen at a dealership in Durango, northern Spain, October 30, 2023. REUTERS/Vincent West (REUTERS) News 

Cybertruck Craze: Tesla Draws Black Friday Shoppers to Showrooms!

During the Black Friday retail event, Tesla Inc. showcased its upcoming all-electric vehicle, the Cybertruck, in various US showrooms. This attracted a large number of enthusiastic shoppers who were eager to get a closer look at the truck, which is covered in stainless steel. At the Tesla showroom at Westfield UTC in San Diego, a group of about 25 people crowded around the only Cybertruck on display while others waited in line outside. Shoppers were forced to stand about 10 meters away from the vehicle, which was roped off, and…

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Tesla coming to India may not happen anytime soon. Check what Indian government is saying. (REUTERS) News 

Tesla’s India Takeover: EVs Rolling In and Factories Popping Up!

According to sources familiar with the Indian government’s perspective, India is nearing a deal with Tesla Inc. that would enable the American automaker to export its electric vehicles to the country starting next year and establish a manufacturing facility within two years. The announcement could come at the Vibrant Gujarat Global Summit in January, one of the people said, declining to be identified because the discussions are private. The states of Gujarat, which is Prime Minister Narendra Modi’s home base, Maharashtra and Tamil Nadu are under consideration as they already…

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Musk, the CEO of Tesla, attended a banquet on the evening of Nov. 15 to welcome Xi. (via REUTERS) News 

Tesla and China: A Bond That’s Growing Stronger Thanks to Elon Musk and Xi Jinping!

President Xi Jinping of China showed his support for Tesla Inc., the electric carmaker owned by Elon Musk, during a recent event. In response, Musk expressed his gratitude for the warm reception from China, highlighting the close relationship between the two entities. According to a Weibo post from Tesla’s official China account, Tesla CEO Musk attended the party on the evening of November 15 to welcome Xi, who is in San Francisco to meet and talk with US President Joe Biden as part of it. week’s Asia-Pacific Economic Cooperation leaders’…

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Check out what the Indian government plans for the EV sector. REUTERS/Vincent West (REUTERS) News 

Tesla’s India Invite: Get Ready for Five Years of Tax-Free EV Imports!

In an effort to attract companies like Tesla Inc. to sell and manufacture electric vehicles in India, the country is contemplating tax reductions on imported fully-assembled electric vehicles for a duration of up to five years. The Indian government is working on an electric vehicle policy that would allow international automakers to import battery-powered vehicles at reduced tariffs if they eventually commit to building them in India, people familiar with the matter said. No final decision has yet been made on what the policy will look like, the people said,…

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A BYD Co. Denza D9 minivan on display at the Japan Mobility Show in Tokyo, Japan, on Wednesday, Oct. 25, 2023. (Bloomberg) News 

BYD’s Popularity Grows as Tesla Struggles

BYD Co., China’s leading electric-vehicle manufacturer, is experiencing increased expectations due to its record-breaking profits, even as Tesla Inc.’s rally slows down due to weaker sales growth. BYD is fast approaching Tesla as the world’s largest electric car seller. Still, shares of Elon Musk’s company are still up 68% this year, even with the recent pullback, far outstripping the 28% rise in BYD’s Hong Kong-listed stock. That could be ready to change. Investors have snapped up bullish options on BYD, while analysts have raised earnings per share forecasts for the…

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