Tesla Motors
Bitcoin jumped 5% after billionaire Elon Musk announced Tesla would accept the digital asset as payment. Musk published his tweet soon after Twitter users noticed the updated bitcoin support for all models of Tesla's cars across online US stores.
The carmaker disclosed last month it invested $1.5 billion in the digital asset and said it would soon begin accepting it as payment for its products.
China's government is restricting the use of Tesla Inc.'s vehicles by military staff and employees of key state-owned companies, citing concerns that the data collected by the cars could be a source of national security leaks, according to people familiar with the effort.
Fears over how data is handled by tech manufacturers also underscore how the rising popularity of highly digitalized cars-loaded with cameras and sensors and with built-in connectivity that allows carmakers to amass data-is stoking concerns over privacy and even national security. They were told by their agencies that among the government's concerns is that Tesla vehicles can be constantly in record mode, using cameras and other sensors to log various details, including short videos.
Bitcoin has surpassed the $50,000 mark for the first time on Tuesday, after Tesla, BNY Mellon and Mastercard showed support for the cryptocurrency and "the city of Miami’s recent moves to adopt bitcoin, and rumors of Uber and Apple jumping aboard."
The company said it bought the bitcoin for "more flexibility to further diversify and maximize returns on our cash," according to the filing. In addition to the purchase, Tesla said it would start accepting payments in bitcoin in exchange for its products as well.
The move raised immediate questions around CEO Elon Musk's behavior on Twitter recent weeks, where he has been credited for increasing the prices of cryptocurrencies like bitcoin and dogecoin by posting positive messages about them and therefore encouraging more people to buy.
Shortly before the deadline, US electric car manufacturer Tesla has deposited a security deposit required by Brandenburg for the construction of the factory in Grünheide near Berlin. Tesla management late Friday night confirmed the agreement between Tesla Brandenburg and the State Office for the Environment for securing any dismantling obligations, the Environment Ministry announced Saturday.
The National Highway Traffic Safety Administration has asked Tesla to recall 158,000 Model S and Model X vehicles that could suffer from failing display consoles. The "media control units" allow owners to access their vehicle’s backup camera, climate controls, and Tesla’s Autopilot driver assistance system. Failure would increase the risk of a crash, the safety agency says.
Eyewitnesses had noticed a Tesla Model S between Edmonton and Calgary on July 9 this year. The car, according to the police report, appeared at first glance to be driving along Highway 2 without a driver. No one was visible behind the wheel.
It wasn't until police stopped the vehicle that the mystery was revealed. Two people were in the vehicle. However, both the driver. Leran C., as well as passenger had slept and for it the back of their seats completely backward folded. The car, which was traveling at up to 150 km/h, was controlled by the "autopilot" feature of the onboard software.
The incident not only earned the 20-year-old a one-day suspension of his driver's license for drowsy driving, but also a charge of traffic endangerment and speeding.
Security experts have demonstrated how Tesla's Autopilot driver-assistance systems can be tricked into changing the speed of the vehicle. Showing fake road signs or virtual objects in front of them, for a fraction of a second, can make Tesla cars stop abruptly.
In September 9,560 new electric cars have been registered in Norway making it 61.5% of the total number of car registrations in that month.
Since the beginning of the year, 48,175 electric cars have been registered in the country. Volkswagen is leading in newly registered cars with 1,989 VW ID.3 in September followed by 1,116 registrations of the Tesla Model 3.
The electric car manufacturer Tesla has sued the United States government and wants to legally enforce an exemption from US punitive tariffs on imports from China.
With Tesla being one of several hundreds of companies starting such proceedings on the import tariffs, the company is seeking to avert existing import tariffs as well as compensation for tariffs that have already been paid.
During the WAIC (World Artificial Intelligence Conference) in Shanghai Tesla CEO, Elon Musk, announced by video message that the automobile manufacturer could probably update their partly autonomous self-driving vehicles from Level 2 to Level 5 by end of the year.
Autonomous self-driving is divided into 5 levels. Currently, the most autonomous self-driving vehicles are shipped with Level 2 - 3.
Level 1 - Driver Assistance: for example using cruise control.
Level 2 - Partly Automated Driving: for example, the car can keep track, brake and accelerate on the freeway at the same time.
Level 3 - Highly Automated Driving: The vehicles can handle certain driving tasks independently and without human intervention, but only for a limited period and under suitable conditions.
Level 4 - Fully Automated Driving: The vehicles can drive independently, for example, the driver could take a nap but generally only in select conditions and on certain roads.
Level 5 - Full Automation/completely autonomous: no human driver is required. The people in the car become passengers.
CATL, Contemporary Amperex Technology Co. Ltd, the world's largest manufacturer of car batteries for electric vehicles has announced production readiness of a breakthrough battery.
The chairman of the company that supplies Tesla and Volkswagen has announced that it has created a battery that lasts over 1.2 million miles and can run for 16 years.
The CEO of the car company Tesla, Elon Musk, has tweeted that in his opinion the stock price for his company is "too high". Following this, the market value of the company has fallen around $14 billion, with Elon Musk's personal loss being around $3 billion.
The Governor of California Gavin Newsom has announced that 1,000 ventilators have "arrived in Los Angeles and Elon Musk is already working with the hospital association and others to get those ventilators out in real time". Musk himself said in a tweet that he helped acquire 1,255 ventilators from China and imported them via air-shipment to Los Angeles.