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Old 1 Week Ago #61
Stewart Meadows
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Tesla now accepts Dogecoin for some merchandise, Elon Musk says


By Thomas Barrabi
January 14, 2022

The price of Dogecoin surged Friday after Tesla began accepting the crypto meme token in sales of merchandise and other products.

Tesla CEO Elon Musk, a noted fan of Dogecoin, revealed the decision on his Twitter account.

“Tesla merch buyable with Dogecoin,” Musk wrote.
https://nypost.com/2022/01/14/elon-m...or-some-items/
 
Old 1 Week Ago #62
Stewart Meadows
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Tesla investors urge judge to order Musk repay $13 bln for SolarCity deal


By Tom Hals
January 18, 2022

WILMINGTON, Del, Jan 18 (Reuters) - Tesla Inc (TSLA.O) shareholders urged a judge on Tuesday to find Elon Musk coerced the company's board into a 2016 deal for SolarCity and asked that the chief executive be ordered to pay the electric vehicle company one of the largest judgments ever of $13 billion.

"This case has always been about whether the acquisition of SolarCity was a rescue from financial distress, a bailout, orchestrated by Elon Musk," Randy Baron, an attorney for shareholders, told the Zoom hearing.

The closing arguments recounted key findings from a 10-day trial in July when Musk spent two days on the stand defending the deal.

The lawsuit by union pension funds and asset managers alleges that Musk strong-armed the Tesla board into approving the deal for the cash-strapped SolarCity, in which Musk was the top shareholder.
https://www.reuters.com/business/tel...al-2022-01-18/
 
Old 1 Week Ago #63
Stewart Meadows
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Tesla Driver Charged with First-Ever ‘Autopilot’ Felony After 2019 Crash




LUCAS NOLAN 19 Jan 2022

For the first time ever, California prosecutors have filed felony charges against a driver who caused a crash that killed two people in 2019 while using Tesla’s “Autopilot” feature.

Gizmodo reports that for the first time California prosecutors have pressed felony charges against a person using Tesla’s Autopilot driver assistance feature resulting in a car crash. The driver has been charged with two counts of vehicular manslaughter after allegedly having Tesla’s Autopilot system engaged when his vehicle drove through a red light resulting in a crash killing two people in 2019.
https://www.breitbart.com/tech/2022/...er-2019-crash/
 
Old 1 Week Ago #64
Nikola Bijeliti
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Quote:
Originally Posted by Stewart Meadows View Post
Driver Assist is not self-driving. The driver is still responsible, so it was correct to bring charges against him.
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Old 1 Week Ago #65
Stewart Meadows
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Old 1 Week Ago #66
Nikola Bijeliti
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Quote:
Originally Posted by Stewart Meadows View Post






I never liked this song, but this is what that reminds me of:

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Old 1 Week Ago #67
Stewart Meadows
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Quote:
Originally Posted by Nikola Bijeliti View Post
I never liked this song, but this is what that reminds me of:

MUSKRAT LOVE
Well, maybe I'm a bit dorky or silly, but I thought it was a sweet, funny and charming song/video, so thanks for posting it.
 
Old 4 Days Ago #68
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Tesla countersues JPMorgan over contract affected by Musk tweet


By Reuters
January 24, 2022



Tesla on Monday fought back against JPMorgan Chase over a disputed bond contract, countersuing the bank for seeking a “windfall” following Chief Executive Elon Musk’s notorious 2018 tweet that he might take his electric-car company private.

In a court filing, Tesla accused JPMorgan of “bad faith and avarice” for claiming it was owed $162.2 million after unilaterally changing the terms of warrants it received when Tesla sold convertible bonds in 2014.

By changing the terms, “JPMorgan dealt itself a pure windfall,” Tesla said in its countersuit filed in Manhattan federal court.
https://nypost.com/2022/01/24/tesla-...over-windfall/
 
Old 2 Days Ago #69
Stewart Meadows
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26 Jan, 2022 15:57 Home Business News

US car giant reveals plan to dethrone Tesla


General Motors intends to boost spending on EV production to topple Elon Musk’s company



American automotive giant General Motors said on Tuesday it will pour $6.6 billion into boosting its electric pickup truck production and building a new electronic vehicle (EV) battery cell plant in its home state of Michigan.

The carmaker wants to overtake Tesla as the world’s biggest producer of electric vehicles.

“We will have the products, the battery cell capacity and the vehicle-assembly capacity to be the EV leader by mid-decade,” GM CEO Mary Barra said in a statement, as cited by CNBC.

The investment will include $2.6 billion for the construction of a new battery plant in partnership with LG Energy Solution and $4 billion for converting GM’s existing Orion Assembly plant in Detroit to produce electric trucks, like the recently announced and highly anticipated Chevrolet Silverado and GMC Sierra, scheduled for launch in 2024.
https://www.rt.com/business/547414-g...vehicle-tesla/
 
Old 1 Day Ago #70
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27 Jan, 2022 23:10 Home World News

Musk unloads on ‘puppet’ Biden in Twitter rant


Tesla CEO lashed out after US president praised electric vehicle programs by competitors GM & Ford



Tesla tycoon Elon Musk referred to Joe Biden as a “damp sock puppet in human form” on Thursday, in response to the US president’s photo-op with General Motors chair Mary Barra. In the video which was posted on Biden’s official Twitter account on Wednesday evening, the president praised GM’s investment in electric vehicle manufacturing as a blow to climate change.

Responding to the message, Musk argued that electric vehicle manufacturing in the US “Starts with a T / Ends with an A / ESL in the middle.” He then took a dig at the president, completing his tweet with a “sock” emoji.
https://www.rt.com/news/547580-musk-...tric-vehicles/
 
Old 1 Day Ago #71
Hugo Böse
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Old 3 Hours Ago #72
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Quote:
Tesla shares dip in after-hours trading despite record revenue


By Reuters
January 26, 2022



Tesla posted record quarterly revenue Wednesday that beat Wall Street estimates, but said it expected supply chain issues to continue through this year.

The stock fell 2.7% in after-hours trading.

Revenue rose to $17.72 billion in the fourth quarter, from $10.74 billion a year earlier. Analysts had expected the electric-vehicle maker to report revenue of $16.57 billion, according to IBES data from Refinitiv.

The world’s most valuable automaker last quarter handed over a record number of vehicles to customers despite supply chain headwinds.
https://nypost.com/2022/01/26/tesla-...ecord-revenue/
 
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