Hackers demand massive ransom as cyberattack plagues auto dealerships A cyberattack on the U.S. and Canada’s most commonly used auto dealer management software has rendered over 15,000 dealerships unable to make sales over the past few days, and those who claim to be behind the outage are demanding tens of millions of dollars as ransom….
Blog
Cruise ordered to pay max penalty for delayed accident report
Cruise ordered to pay max penalty for delayed accident report General Motors (GM) self-driving unit Cruise has been forced by a California regulator to pay the maximum penalty for waiting to report certain details about an accident involving one of its robotaxis. After a Cruise robotaxi struck, dragged, and pinned a pedestrian in October, California…
Musk says Tesla supercomputing center aiming for 130MW power this year
Musk says Tesla supercomputing center aiming for 130MW power this year Tesla is currently in the process of building a huge supercomputing cluster at its Gigafactory Texas, and CEO Elon Musk this week highlighted how much power the training center will aim to use by this year and next. In a post on X on…
Tesla Cybertruck fleet mass vandalized with “F**k Elon” graffiti
Tesla Cybertruck fleet mass vandalized with “F**k Elon” graffiti The Tesla Cybertruck is a polarizing vehicle, and Elon Musk is also a polarizing figure. This largely means that people will typically have strong positive or strong negative feelings towards the all-electric pickup truck or the Tesla CEO. Unfortunately for some Cybertrucks at a Fort Lauderdale,…
Tesla legal team looks to delay July hearing in Musk comp package case
Tesla legal team looks to delay July hearing in Musk comp package case Elon Musk’s lawyers are seeking a delay in a hearing that would determine the legal fees that will be awarded to the legal team who challenged the CEO’s 2018 Performance Award. Tesla’s legal team noted that a recent shareholder vote which ratified…
Vandal Lashes Out At Elon Musk By Tagging 34 Tesla Cybertrucks With Profanity
Dozens of Cybertrucks in Florida were defaced with the phrase ‘F*** Elon’.
Tesla’s Robotaxi unveiling a ‘historical moment’ in story, catalyst to $1T market cap: Wedbush
Tesla’s Robotaxi unveiling a ‘historical moment’ in story, catalyst to $1T market cap: Wedbush Tesla is set to unveil its Robotaxi on August 8 and as the automaker plans to show off what will be its driverless vehicle platform for the first time, analysts are preparing for what its impact on the automaker’s story could…
Tesla internships look to be available once again after EV maker canceled them
Tesla internships look to be available once again after EV maker canceled them Tesla internships are available once again, with some being offered for this Summer and others for the Fall. The postings come just two months after the company decided to no longer offer positions to college students who had already secured work for…
Mckinsey survey claims 46% of US EV owners likely to switch back to ICE
Mckinsey survey claims 46% of US EV owners likely to switch back to ICE A new McKinsey & Co. survey has revealed rather shocking results. Among the survey’s respondents, which are comprised of 30,000 individuals who regularly use mobility, 29% of EV owners globally are likely to switch back to an internal combustion engine-powered vehicle….
Tesla stock gets cautious outlook from Barclays over Q2 2024 concerns
Tesla stock gets cautious outlook from Barclays over Q2 2024 concerns Barclays has adopted a cautious stance on Tesla (NASDAQ:TSLA) over the electric vehicle maker’s potential results this Q2 2024. In line with their outlook, Barclays analysts have maintained an “Equal-Weight” rating and a price target of $180 per share for TSLA stock. As per…