On Thursday, Bloomberg reported that Tesla CEO Elon Musk has ordered its Dojo supercomputer project to be disbanded after the project’s leader and most of its employees left to join another AI project. The news marked a major setback to the automaker’s efforts to develop its own in-house developed supercomputer to train AI models for…
Tesla approved a restricted stock award of 96 million shares, worth about $29 billion, to “incentivize” the controversial billionaire to remain at the head of the company during a protracted legal battle over his original pay package. Last year, a Delaware court voided Musk’s pay package, valued at more than $50 billion, arguing that the…
President Donald Trump‘s administration pulled funding this week for a proposed high-speed magnetic levitation (Maglev) rail line connecting Washington D.C. and Baltimore. Transportation Secretary Sean Duffy told The Baltimore Sun on Friday that he couldn’t “in good conscience keep taxpayers on the hook” for the 26.6-mile line and cancelled over $26 million in funding. Newsweek…
Elon Musk’s Boring Company has announced plans to dig tunnels under Nashville, creating a loop that will connect the city’s downtown with the Nashville International Airport. The Boring Company says it will begin construction “immediately” following approval and expects the first 10-mile phase to be operational as early as next year, as reported earlier by…
article (Photo Illustration by Cezary Kowalski/SOPA Images/LightRocket via Getty Images) NEW YORK – New York City Mayor Eric Adams and the city’s DOT Commissioner Ydanis Rodriguez have announced new proposed regulations to improve street safety for cyclists and pedestrians. Why you should care: The rules are part of the city’s plan to launch the Department…
Elon Musk, during a news conference with President Donald Trump, inside the Oval Office at the White House in Washington on May 30, 2025. Tom Brenner | The Washington Post | Getty Images Tesla shares fell 8% Thursday after the company reported a second straight quarter of declining auto sales, and CEO Elon Musk told…
Tesla wants to bring its robotaxi service to new markets, including cities in Florida, Nevada, Arizona, and California, Elon Musk said in an earnings call Wednesday. The company is testing its Full Self-Driving (Supervised) feature in Europe and China, and hopes the launch the controversial product in the near future. And it is plotting a…
Ask anyone who’s familiar with EV startups what Faraday Future is, and words like vaporware or severely delayed might come to mind. That’s because, in the brand’s 11-year existence, it has seemingly overpromised and under-delivered on nearly everything it has ever announced. As reported by Autoweek, it has sold less than 20 of its luxury…
Jul. 20—Two people were taken to a hospital after a crash involving a semi-truck on Interstate 40 on Sunday. It is unclear what caused the crash. One of the drivers is in critical condition, New Mexico State Police spokesperson Amanda Richards said in an email. Just before 8 a.m., Albuquerque Fire Rescue responded to a…
A Boeing 767-332(ER) from Delta Air Lines takes off from Barcelona El Prat Airport in Barcelona on Oct. 8, 2024. Joan Valls | Nurphoto | Getty Images Delta Air Lines reinstated its 2025 profit outlook Thursday and said it expects a stronger summer travel season than Wall Street anticipated. Bookings have stabilized after a drop…