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Category Archives: Elon Musk
Why Beijing Stands to Gain from Elon Musks Visit – The New York Times
Just days after Secretary of State Antony Blinken traveled to Beijing and warned China about unfair trade practices, Elon Musk landed in the Chinese capital. The Tesla bosss meeting with Chinas No. 2 official may have paid off: Musk reportedly cleared two obstacles to introducing a fully autonomous driving system in the worlds biggest car market.
The split screen again reveals the gap between Western diplomacy and corporate imperatives. Tesla has to stay committed to China even as it faces big headwinds a conundrum that other multinationals also face, and one that Beijing is eager to exploit.
Musk is betting big on self-driving, and China is key. Tesla last week reported its worst quarter in two years as a price war hurts profit. Tesla shares have plummeted (though theyve rebounded in recent days, and are up more than 8 percent in premarket trading) amid plans for big layoffs.
Musk has tried to reassure the market by pushing ahead with a low-cost model. Fully autonomous driving is also crucial. Musk told analysts last week that if investors dont believe Tesla would solve the technological challenge that is autonomous driving, I think they should not be an investor in the company.
The carmaker faces challenges in its second biggest market. Heavily subsidized Chinese rivals are eating into sales, led by the Warren Buffett-backed BYD, which is vying with Tesla for the crown of worlds biggest E.V. maker.
Teslas are banned from many Chinese government sites because of concern about what data the American company collects. President Bidens move to declare Chinese E.V.s a security threat probably wont have made it any easier for Tesla in China.
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Why Beijing Stands to Gain from Elon Musks Visit - The New York Times
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Elon Musk’s many Tesla cuts, dying electric cars, and nukes in space: The most popular tech stories – Quartz
Tesla CEO Elon Musk has been a frequent critic of California. Photo: Patrick Pleul (Getty Images )
After years of Tesla Elon Musk bashing California, it seems that residents have had enough and theyre ditching Tesla.
Registrations of Teslas electric vehicles in the Golden State fell 7.8% last quarter, according to data released Monday by the California New Car Dealers Association (CNCDA). That decline follows an even steeper 9.8% hit over the last three months of 2023, the association said. Tesla also lost 6.4% of the battery electric vehicle (BEV) market, losing ground to Mercedes-Benz and BMW.
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Elon Musk’s Starlink satellite internet terminals keep working in places they’re not supposed to – Quartz
Starlink satellite internet terminals are reportedly still operating in unlicensed places, despite the companys warning last month that the service would be shut down by May 1 in those areas.
Wegovy and Ozempic: Are we ready for weight loss drugs?
A resident of Al-Fashir in North Darfur, Sudan was able to conduct an interview with Bloomberg using one on Wednesday.
Im currently talking to you through the Starlink connection, its the only way of connecting between people, especially those who fled the war, he told Bloomberg, referring to the civil war between the Sudanese Armed Forces (SAF) and the paramilitary Rapid Support Forces (RSF).
The Starlink shutdown warnings came after Bloomberg and the Wall Street Journal reported of its unauthorized use in nations including Russia, Yemen, and Venezuela. Starlink accountholders received emails from Starlink about the impending shutdown in those unlicensed areas, Bloomberg and the Journal reported. If you are operating your Starlink Kit in an area other than areas designated as available on the Starlink Availability Map, we would like to remind you that this is in violation of the Starlink terms, the email read, adding that those users would be unable to connect to the internet starting on April 30th.
An online poll found that of almost 100 Starlink customers in South Africa, 73% could still use the service after the shutdown date, Bloomberg reported, adding that some Starlink customers in Sudan were also able to access the service.
Starlink users were told in an email the service was only intended for temporary travel and transit, in unlicensed places, rather than for permanent use. It added that users who have accessed Starlink outside of authorized places for over two months should change your account country or return to the country in which your service was ordered, or else their service would be cut off, Bloomberg reported.
The notice also comes as, SpaceX is reportedly close to a licensing deal to provide Starlink in Yemen. SpaceX, Starlinks parent company, did not immediately respond to a request for comment.
Humanitarian organizations in Sudan told Bloomberg they have asked that Starlinks services not be cut off in the country amid the war.
We have contacted Starlink in order to consider the situation in Sudan and not cut services, Hadreen, a local charity, told Bloomberg. The majority of the emergency rooms, the public kitchens and thousands of people are using Starlink internet to survive.
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Elon Musk Reaches Deals in China on Self-Driving Teslas – The New York Times
Tesla has concluded a series of arrangements with regulators and a Chinese artificial intelligence company during a quick trip to Beijing on Sunday and Monday by Elon Musk, the carmakers chief executive, potentially clearing the way for the company to offer its most advanced self-driving software on cars in China.
Tesla had faced a couple of hurdles to offering the latest level of autonomous driving, which it calls supervised Full Self-Driving. It has needed approval from Chinese regulators, who questioned whether the company took adequate precautions to protect data. And it has needed access to extremely high-resolution maps across the country.
The timing of Mr. Musks trip was significant. He arrived in China days after he identified self-driving technology and artificial intelligence as critical to Teslas future. Tesla is not just a car company, Mr. Musk told investors last week, saying, We should be thought of as an A.I. robotics company.
Approval of the technology in China would give Mr. Musk a much-needed win after regulators in the United States issued a harsh assessment of the systems safety and performance in a report released on Friday.
Mr. Musk flew on his private jet to Beijing on Sunday morning and met almost immediately with Premier Li Qiang, Chinas No. 2 official after Xi Jinping. Mr. Li is a longtime ally of Mr. Musk who, when he served as Communist Party secretary in Shanghai, helped clear the way for Teslas construction there of what is now the companys largest car assembly plant.
The government-linked China Association of Automobile Manufacturers later announced that Tesla and five Chinese automakers had obtained approval from authorities and the association for their data security precautions on dozens of car models. The rules bar automakers in China from using software that would identify the face of anyone outside his or her vehicle, and include many other restrictions. Self-driving systems use cameras to guide vehicles.
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Elon Musk Reaches Deals in China on Self-Driving Teslas - The New York Times
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Elon Musk goes ‘absolutely hard core’ in another round of Tesla layoffs – The Verge
Barely two weeks after initiating layoffs for at least 14,000 staffers, Tesla is now reportedly laying off hundreds more including senior executives and the majority of its Supercharging team.
According to an email first reported by The Information and then Electrek, the automakers senior director of EV charging Rebecca Tinucci is leaving the company on Tuesday, alongside most of the 500-person team she oversaw. Teslas head of the new vehicles program, Daniel Ho, is also out along with his team. These cuts come in addition to the recent 10 percent workforce reduction and Musks email leaves room for more.
In the email sent to executives last night, Musk said he wants Tesla to be absolutely hard core about the cuts, and that staffers working under executives who dont obviously pass the excellent, necessary and trustworthy test would also be out of a job. While the full scale of these new layoffs is unclear, Bloomberg previously reported that Teslas total headcount reduction that began earlier this month could end up being as high as 20 percent of its workforce, or well in excess of 20,000 employees.
Tinucci was notably responsible for the rollout of Teslas Supercharger network during her six years at the company, including efforts to get other companies to adopt the North American Charging Standard (NACS) developed by Tesla. In his email, Musk says Tesla will still build new Superchargers and complete those already under construction.
Others impacted by the new layoffs include Daniel Ho, a ten-year Tesla veteran who served as director of vehicle programs and new product initiatives, and as program manager for the Model S, 3, and Y vehicles. Most of the public policy team led by former head of policy and business development Rohan Patel (who left the company during the previous wave of layoffs) are also being let go.
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Elon Musk goes 'absolutely hard core' in another round of Tesla layoffs - The Verge
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