Tesla CEO Elon Musk gestures as he visits the construction site of Tesla's Gigafactory in Gruenheide near Berlin, Germany, August 13, 2021. Patrick Pleul/Pool via Reuters/File Photowill work with global regulators to ensure data security, Chief Executive Elon Musk told an industry event in China on Friday.
Tesla, which assembles vehicles for the Chinese market in Shanghai, has been under scrutiny in China this year over its storage and handling of customer data. Cars are being fitted with an ever-increasing array of sensors and cameras to assist drivers but the data such equipment generates has also raised questions about privacy and security.
"With the rapid growth of autonomous driving technologies, data security of vehicles is drawing more public concerns than ever before," Musk told the World New Energy Vehicle Congress on the southern Chinese island of Hainan via videolink. In May, Reuters reported that staff at some Chinese government offices had been told not to park their Tesla cars inside government compounds due to security concerns over vehicle cameras.Reporting by Yilei Sun and Brenda Goh; Editing by Edwina GibbsSubscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.
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Time’s ‘Most Influential’ list includes Tim Cook, Elon Musk and Naomi OsakaTime released its annual list of the 100 Most Influential People featuring some of the world’s top business leaders, including Tesla’s Elon Musk and Apple CEO Tim Cook. Also part of the list was tennis star Naomi Osaka.
Source: MarketWatch - 🏆 3. / 97 Read more »
Tesla builds 1st store on tribal land, dodges state car lawsNAMBÉ, N.M. (AP) — Carmaker Tesla has opened a store and repair shop on Native American land for the first time, marking a new approach to its yearslong fight to sell cars directly to consumers and cut car dealerships out of the process. That is utterly brilliant. Hopefully each tribe member will also receive a complimentary Tesla. Kinda like casinos. .rebeccanagle Seems like a win for the tribe and certainly for Tesla. But I can't help but worry that the moneyed interests that are already trying to undermine tribal sovereignty in the courts will push even harder. ThisLand
Source: AP - 🏆 728. / 51 Read more »
Tesla builds 1st store on tribal land, dodges state car lawsNAMBÉ, N.M. (AP) — Carmaker Tesla has opened a store and repair shop on Native American land for the first time, marking a new approach to its yearslong fight to sell cars directly to consumers and cut car dealerships out of the process. The white-walled, silver-lettered Tesla store, which opened last week, sits in Nambé Pueblo, north of Santa Fe, on tribal land that's not subject to state laws. Supporters of Tesla say the shop in New Mexico marks the first time the company has partnered with a tribe to get around state laws, though the idea has been in the works for years. Loophole..
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Here are Thursday's biggest analyst calls of the day: Tesla, Exxon, Chipotle, DoorDash, Uber & moreNew for subscribers: Here are Thursday's biggest analyst calls of the day: Tesla, Exxon, Chipotle, DoorDash, Uber & more. Check out CNBCPro today.
Source: CNBC - 🏆 12. / 72 Read more »
Lucid Motors Just Beat Tesla on Range for its Air Dream EditionThis morning, Lucid Motors announced that the EPA has estimated a 520 mile range for its Air Dream Edition Performance model, outpacing its competition. PIFSaudi 👍🏼👍🏼🌹🌹 They didn’t beat shit because it’s still not on sale!
Source: Newsweek - 🏆 468. / 52 Read more »
House Democrats plan EV tax credits of up to $12,500, as Republicans, Tesla, Toyota voice objectionsThe EV tax credit rises by $4,500 for union-made vehicles assembled in the U.S., with another $500 for cars that have at least 50% domestic content, along with batteries made in the U.S. So the total possible credit can be as high as $12,500. Weird pandering to unions like this. Government will give you a bigger credit to account for shitty Union. Makes sense As a republican, not the worse idea in the world, but I agree its only going to be used by those who are well off.
Source: MarketWatch - 🏆 3. / 97 Read more »