Photo Credit: Getty Images President Donald Trump has paved the way to reduce oversight and loosen regulations regarding the commercial space industry. Despite having an eye on innovation, the move is set to exclusively benefit some of the country’s wealthiest people. What’s happening? On Aug. 13, President Trump signed an executive order that directs the…
Tesla‘s recent run of positive press continues, as the electric vehicle giant recently began to take orders for its new Model Y L car from the massive Chinese market. In recent years, Tesla‘s primacy in the world’s most populous nation has been challenged by the rise of Chinese competitors. For instance, sales of Chinese-made cars…
The car company run by Elon Musk asked a federal court Friday to dismiss massive damages awarded to victims of a deadly crash, arguing that their lawyers had misled the jury by improperly bringing up the billionaire during the trial. The filing in Miami federal court seeks to overturn the $243 million award after a 22-year old…
NEW YORK (AP/By BERNARD CONDON ) — The car company run by Elon Musk asked a federal court Friday to dismiss massive damages awarded to victims of a deadly crash, arguing that their lawyers had misled the jury by improperly bringing up the billionaire during the trial. The filing in Miami federal court seeks to…
China is likely to see 300,000 driverless cabs operate in its four top-tier cities as early as 2030, buoyed by advancements in artificial intelligence (AI) and its highly competitive electric vehicle (EV) sector, UBS said on Thursday. The number of robotaxis on the mainland was expected to jump to 4 million by the late 2030s,…
Sales of Tesla vehicles have taken a major hit in Europe and the United States, putting pressure on Elon Musk‘s electric vehicle brand as rivals continue to surge ahead in critical markets. Data from the European Automobile Manufacturers Association reveal that Tesla’s July 2025 sales dropped sharply, while Chinese and U.S. automakers made significant gains….
Tesla CEO Elon Musk has frequently expressed his opinions on LiDAR in the past, but in recent days, the EV maker’s frontman has continued to discuss the weaknesses in the technology and why his company has relied on cameras. He also mentioned the suite’s limits on Waymo’s capabilities. Tesla completely abandoned using radar alongside its…
Elon Musk has been dealt another blow in the aftermath of his sting on the Trump White House, with news of plummeting Tesla sales in Europe amid stiff competition from China. Registrations of new Teslas across the pond dropped 40 percent year-on-year to 8,837 in July, according to data from the European Automobile Manufacturers Association…
Tesla CEO Elon Musk has frequently expressed his opinions on LiDAR in the past, but in recent days, the EV maker’s frontman has continued to discuss the weaknesses in the technology and why his company has relied on cameras. He also mentioned the suite’s limits on Waymo’s capabilities. Tesla completely abandoned using radar alongside its…
“We have already set a footprint in Guangzhou and we are eyeing Hong Kong,” chief financial officer Leo Wang said at a media event in the city on Tuesday. He said Pony.ai needed to work with local authorities and partners to explore the best way forward. On working with the city’s Transport Department, Wang said…