Factbox: How U.S. electric vehicle subsidy rules impact Europe

reuters.com The U.S. Treasury Department is expected to give guidance on Friday on tax breaks for consumers buying electric vehicles and Europe's auto sector and policymakers will be…

Tesla expects reduced tax credit for Model 3 by March-end

reuters.com said on Wednesday a $7,500 tax credit in place since January will be reduced for its Model 3 ear-wheel drive by March 31, subject to guidance due this week from the U.S.…

Elon Musk and tech execs call for pause on AI development

cointelegraph.com More than 2,600 tech leaders and researchers have signed an open letter urging a temporary pause on further artificial intelligence (AI) development, fearing “profound risks…

Elon Musk Takes Over Twitter as the Most Followed Account

watcher.guru Elon Musk quite literally took over Twitter in 2022, and now, the Tesla CEO is leading the platform with the highest number of followers. Former U.S. President Barack Obama…

United Kingdom goes light-touch on AI as Elon Musk sounds the alarm

politico.eu LONDON — As Elon Musk urged humanity to get a grip on artificial intelligence, in London ministers were hailing its benefits. Rishi Sunak’s new technology chief Michelle…

In Moving Testimony, Ex-Worker at Elon Musk's Tesla Addresses Racist Behavior

thestreet.com A previous jury had already found Tesla liable for discrimination. The testimony of an elevator operator at Tesla's factory in Fremont, Calif., provided moving details of…

Here's how EV batteries can be given a second life

cnbc.com Over 300 million electric vehicles are expected to be on the world's roads by 2030, according to the International Energy Agency. However, the American EV market is small.…

Elon Musk’s Boring Co. Neighbors Have Big Fears About Facility

thestreet.com Neighbors of Elon Musk's The Boring Company have concerns about the company's permit application. Tesla (TSLA) - Get Free Report CEO Elon Musk is known for his campaign…

Elon Musk joins hundreds calling for a six-month pause on AI development in an open letter

cbsnews.com Billionaire Elon Musk, Apple co-founder Steve Wozniak and former presidential candidate Andrew Yang joined hundreds calling for a six-month pause on AI experiments in an…

Elon Musk Disagrees with Billionaire Peter Thiel on the Key to Success

thestreet.com The two billionaires who co-founded PayPal, do not have the same approach when it comes to the mindset that can lead to success. They are both billionaires and masters of…

Why Musk Signed a Letter to Pause AI--It May Be Strategic

barrons.com Elon Musk's concern about artificial intelligence appears to be at cross purposes with his goals for his electric vehicle maker Tesla.

US battery sourcing guidance to cut some EV tax credits -official

reuters.com WASHINGTON, March 29 (Reuters) - The U.S. Treasury Department's long-awaited guidance on battery sourcing requirements for electric vehicle tax credits due out by Friday…

Prominent tech leaders call for temporary pause on AI development over ‘profound risks’

theglobeandmail.com Prominent artificial intelligence researchers and tech leaders, including Canadian deep-learning pioneer Yoshua Bengio and Tesla chief executive Elon Musk, are calling for a…

Video: Tesla Camera Catches Clip of Car Flipping in Air

entrepreneur.com The clip has now gone viral on Twitter with over 17.5 million views. A horrifying car crash was caught on camera after a Tesla driver watched back the footage that was…

Lucid, a Bay Area-based luxury carmaker, lays off 1,300

sfgate.com Lucid Group, an electric vehicle startup based in the Bay Area suburb of Newark, has burned through hundreds of millions of dollars of Saudi Arabian funding, successfully…

How to test what an AI model can — and shouldn’t

vox.com About six months ago, I decided to make AI a bigger part of how I spend my time as a reporter. The world of AI is evolving very, very fast. New releases seemingly every week…

Battery sourcing guidance might slash EV tax credits

techcrunch.com The U.S. Treasury Department’s guidance on battery sourcing requirements for the electric vehicle tax credits will result in fewer vehicles being eligible for full or…

Court hears appeal of ruling favouring Elon Musk in SolarCity deal

theglobeandmail.com Attorneys for a group of Tesla shareholders are asking the Delaware Supreme Court to overturn a judge’s decision in favour of CEO Elon Musk in a lawsuit challenging the…

Polestar 3 begins 'product ramp up' with cheaper, tax-friendly version on deck

yahoo.com Swedish EV-maker Polestar (PSNY) is inching ever closer towards its big release of the Polestar 3 SUV. The company kicked of its roadshow for the electric SUV, with the…

Tech leaders urge a pause in the 'out-of-control' artificial intelligence race

npr.org Are tech companies moving too fast in rolling out powerful artificial intelligence technology that could one day outsmart humans? That's the conclusion of a group of…

The second day of Tesla's racial bias trial included testimony from a former worker who said he found feces on a factory cart

businessinsider.com Former Tesla contractor Michael Wheeler testified that the N-word was often used at the factory he worked at and detailed an alleged incident where he said he found feces on…

I drove the $40,000 Kia Niro EV and found it's a solid electric SUV for people who want something more traditional than a Tesla

businessinsider.com The 2023 Kia Niro EV. Tim levin/Insider I tested the 2023 Kia Niro EV, a $39,550 electric SUV. The Niro EV brings bold, futuristic looks, 253 miles of range, and some cool…

Tesla has seen $200 billion added to its market cap in 2023, marking the strongest start to the year in its history

businessinsider.com Getty Images Tesla has gained over $200 billion in market value during in the first three months of the year. The EV company's stock enjoyed its best weekly performance in…

BYD Could Make a Play for Tesla's EV Sales Crown

barrons.com Results from Chinese electric-vehicle maker—and Tesla competitor—BYD offer data points that are positive for both companies. But BYD seems to be growing faster.

6 VCs explain why embedded insurance isn’t the only hot opportunity in insurtech

techcrunch.com If you think embedded insurance is the only hot thing in insurtech these days, we’ve got a surprise in store for you: While it’s true that startups that help sell insurance…

Musk, Wozniak Among Those Calling for AI Development Pause

tech.co Not everyone is on board with the rapid development of AI tools like ChatGPT, with a number of high-profile tech professionals calling for a six-month pause to address…

Court hears appeal of ruling favoring Musk in SolarCity deal

marketbeat.com Attorneys for a group of Tesla shareholders are asking the Delaware Supreme Court to overturn a judge’s decision in favor of CEO Elon Musk in a lawsuit challenging the…

The massive name in AI noticeably absent from pause letter signed by Musk

newsweek.com A number of prominent artificial intelligence experts, including Tesla CEO Elon Musk, have signed an open letter calling for a six-month pause in developing systems more…

Why Are Cathie Wood's Ark ETFs Still Trailing Nasdaq Stocks?

benzinga.com From their all-time highs towards the end of 2021, tech stocks have suffered a significant blow from the Federal Reserve's interest rate hike cycle. The sectors and…

S&P 500 Retakes 4000; Chip Stocks Lead, Warren Buffett Stock Rises On Record Sales

investors.com The Dow Jones Industrial Average rose 0.8% to session highs at 1:30 p.m. ET Wednesday as stocks held firm. Intel (INTC) was the clear leader among blue chips. The S&P 500…

Jeep's CEO doesn't think there are enough raw materials on earth to meet electric-car demand

businessinsider.com Carlos Tavares, CEO of Jeep-maker Stellantis, doesn't believe there are enough raw materials on earth to meet EV needs. Thomson Reuters Some 1.3 billion gas-powered vehicles…

Ex-Tesla worker suing for race bias takes stand in damages trial

reuters.com A Black former elevator operator at Tesla Inc's (TSLA.O) flagship California assembly plant began testifying on Wednesday in a trial over how much the electric vehicle maker…

Key lines from Elon Musk, others’ call to pause AI development

axios.com Dozens of scientists, experts and tech leaders, including Twitter and Tesla CEO Elon Musk, recently signed a letter calling on labs generating artificial intelligence (AI)…

These Are The 5 Best EV Stocks To Buy And Watch Now

investors.com EV stocks have multiplied in Tesla's (TSLA) wake and as electric cars look to go mainstream — but not all are created equal. Some car stocks are more ready than others for…

Car companies stand to make billions charging monthly fees for features like heated seats. Electric vehicles make that even easier for them

businessinsider.com Automakers are emphasizing subscription features more as a way to boost profits, particularly for EVs. For example, Mercedes offers an "Acceleration Increase" feature for an…

I've driven 19 electric cars. From cargo space to cool tech, there are 4 huge reasons your next ride should be battery powered

businessinsider.com There are lots of reasons to buy an electric car over a traditional gas vehicle. Tim Levin/Insider I've driven electric cars from Tesla, Audi, Porsche, Hyundai, Kia,…

Hit pause on AI development, Elon Musk and others urge

cbc.ca Elon Musk and a group of artificial intelligence experts and industry executives are calling for a six-month pause in developing systems more powerful than OpenAI's newly…

Elon Musk & Steve Wozniak Sign Open Letter Calling For Moratorium On Some Advanced A.I. Systems

deadline.com Twitter and Tesla CEO Elon Musk and Apple cofounder Steve Wozniak are among the more than 1,100 signatories of an open letter calling for a six-month moratorium on the…

Elon Musk and several other technologists call for a pause on training of AI systems

nbcnews.com More than 1,000 concerned critics of artificial intelligence, ranging from industry executives and academics to tech specialists, have signed an open letter calling for at…

Lucid Motors is laying off 1,300 workers to reduce expenses

engadget.com By the end of this week, 1,300 people who work for Lucid Motors will know they're going to lose their jobs. The luxury electric vehicle maker has notified (PDF) the US…

Musk, scientists call for halt to AI race sparked by ChatGPT

apnews.com Are tech companies moving too fast in rolling out powerful artificial intelligence technology that could one day outsmart humans? That's the conclusion of a group of…

For Tesla, This Is the Most Important Delivery Result Ever. Just Look at the Stock

barrons.com Tesla shares are having their best start to a year ever after having the worst start to the year ever. That setup makes the coming delivery number key.

Tesla is poised to rally 13% this year as China deliveries pop after latest price cuts, Wedbush says

businessinsider.com Ng Han Guan, File/AP Images Tesla stock is poised to gain 13% this year, as deliveries will surge on the latest price cuts. The EV maker slashed prices for its key models in…

Carefree gambling and partying in Las Vegas may signal a US recession isn't imminent, short seller Jim Chanos says

businessinsider.com The party mood in Las Vegas could mean a recession isn't around the corner, Jim Chanos says. • The short seller pointed to data showing casinos on the Las Vegas Strip had a…

BYD reports strong sales growth despite Tesla price cuts

yahoo.com BYD, the Warren Buffett-backed “new energy” vehicle maker, reported quarterly profit for the fourth quarter of $1.06 billion (7.3 billion yuan), up from $87.4 million (602…

Lucid Is Heading Toward Big Layoffs

jalopnik.com Lucid is in trouble, Volvo says the obvious, and, according to JD Power, half of new-car buyers could have a viable EV option from a brand they like by the end of this year.…

Meta Eyes Counterattacks as Social Media Rivals Struggle

variety.com Note: This article is based on Variety Intelligence Platform’s special report “2023 Media & Tech Trend Tracker,” available exclusively to subscribers. With the rate of…

Lucid Is a Wreck

247wallst.com Lucid Group Inc. (NASDAQ: LCID), the deeply troubled electric vehicle (EV) maker, may not be around for long. It will dump about 18% of its workforce, which is approximately…