A feature that Tesla, Inc. announced in 2021 to make life easier for its car owners has provided a loophole for hackers to barge in. What Happened Hackers can exploit a feature that lets Tesla owners create their own key to open their cars, Martin Herfurt, an Austrian security researcher found, as per an Ars Technica report. How It Works…
Tesla Cancels 3 June Online Hiring Events for China
SHANGHAI—Tesla Inc. has cancelled three online recruitment events for China scheduled this month, the latest development after Chief Executive Elon Musk threatened job cuts at the electric car maker, saying it was “overstaffed” in some areas. However, Musk had not commented specifically on staffing in China, which made more than half of the vehicles for…
NHTSA Upgrades Probe of Autopilot Teslas Colliding With Emergency Vehicles, Increasing Possibility of Recall
The National Highway Traffic Safety Administration (NHTSA) has upgraded its investigation into collisions of Tesla vehicles with the autopilot feature switched on, meaning the automobiles are potentially one step closer to being recalled. NHTSA initially launched its investigation into Tesla’s Autopilot feature in August 2021, following a string of crashes in which Tesla vehicles operating in…
Teslas With Autopilot a Step Closer to Recall After Wrecks
DETROIT—Teslas with partially automated driving systems are a step closer to being recalled after the United States elevated its investigation into a series of collisions with parked emergency vehicles or trucks with warning signs. The National Highway Traffic Safety Administration (NHTSA) said Thursday that it is upgrading the Tesla probe to an engineering analysis, another…
Judge Gives Former Tesla Worker a Deadline to Accept $15 Million Payout Over Racism
A federal judge on Tuesday gave a Black former elevator operator at Tesla Inc. two weeks to decide whether to accept $15 million in damages over racial abuse at the electric car company, far below the $137 million a jury had awarded. U.S. District Judge William Orrick in San Francisco said Owen Diaz identified no…
Billionaires’ Twitter Spat Moves on After Gates Downplays Shorting Tesla’s Stock
The public feud between two of the world’s richest people keeps unfolding as Elon Musk hit back at Microsoft CEO Bill Gates, who had just played down his tune on shorting Tesla stocks. Despite claiming that Tesla’s done a fantastic job, Gates said during an interview with French YouTuber HugoDécrypte that he had paid out…
Musk Says Tesla’s Salaried Staff to Be ‘Fairly Flat’ Despite Gloomy Economy
Tesla CEO Elon Musk said the total headcount of his electric-car company will increase, a day after saying that 10 percent of its salaried staff would be cut. “Total headcount will increase, but salaried should be fairly flat,” Musk wrote on Twitter on June 4, in response to a tweet that predicted Tesla’s headcount would…
US Has Over 750 Complaints of Teslas Braking for No Reason
DETROIT—More than 750 Tesla owners have complained to U.S. safety regulators that cars operating on the automaker’s partially automated driving systems have suddenly stopped on roadways for no apparent reason. The National Highway Traffic Safety Administration (NHTSA) revealed the number in a detailed information request letter to Tesla that was posted Friday on the agency’s…
Capitol Report (June 3): Biden Brushes Off Musk’s Comment on Economy; Analysis: Inflation to Stay
June 3, 2022
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President Joe Biden touts May’s jobs report, even as he admits it’s overshadowed by record-high inflation. And as Elon Musk warns about the economy, Biden brushes it off. To break down the latest jobs report, and what to expect in the labor market moving forward, we’ll hear from Bankrate’s chief financial analyst. The Biden administration’s…
Capitol Report (June 3): ‘Bad Feeling’ About Economy
June 3, 2022
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Biden administraitonCapitol ReportcommunismElon MuskEpochTVinflationjob cutsjob reportlabor marketNational SecurityteslaTiananmen Square MassacreUSUS NewsVictims of Communism
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President Joe Biden touts May’s jobs report, even as he admits it’s overshadowed by record-high inflation. And as Elon Musk warns about the economy, Biden brushes it off. To break down the latest jobs report, and what to expect in the labor market moving forward, we’ll hear from Bankrate’s chief financial analyst. The Biden administration’s…
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