Republicans in Congress are alarmed by the leak of confidential IRS data to the investigative news organization ProPublica, enabling it to reveal that famous billionaires including Warren Buffett, Bill Gates and Mark Zuckerberg paid little in U.S. income tax at times. A senior IRS official said Thursday that a federal criminal investigation into the leak […]
Search results for "Elon Musk"
Outdoing his fellow billionaires in daredevilry, Jeff Bezos will blast into space next month when his Blue Origin company makes its first flight with a crew. The 57-year-old Amazon founder and richest person in the world by Forbes’ estimate will become the first person to ride his own rocket to space. Bezos announced his intentions […]
Intelligence is a hard thing to define. You have street smarts, book smarts, and the ever-present colloquial term emotional intelligence, and of course the dreaded intelligence quotient or IQ. However, we must place a marker somewhere to establish what we are talking about. For the sake of not exceeding a word count of ten thousand […]
Two key groups that offer automobile safety ratings are yanking their top endorsements from some Tesla vehicles because the company has stopped using radar on its safety systems. Consumer Reports pulled its “Top Pick” status for Tesla’s Model 3 and Y vehicles built after April 27, while the Insurance Institute for Highway Safety plans to […]
A Russian man was sentenced Monday to what amounted to time already served and will be deported after pleading guilty to trying to pay a Tesla employee $500,000 to install computer malware at the company’s Nevada electric battery plant in a bid to steal company secrets for ransom. Egor Igorevich Kriuchkov, appearing by videoconference from […]
Even by Bitcoin’s standards, Wednesday was pretty wild. The price of the famously volatile digital currency fell nearly 30% at one point after the China Banking Association warned member banks of the risks associated with digital currencies. The decline narrowed to below 10% in the afternoon, but Bitcoin had still lost about $70 billion in […]
California’s Department of Motor Vehicles is reviewing whether Tesla is violating a state regulation by advertising its vehicles as being fully autonomous without meeting the legal definition of self-driving. The department confirmed the review Monday in an email to The Associated Press. State regulation prohibits advertising vehicles for sale or lease as autonomous if they […]
Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, citing environmental concerns. “We are concerned about rapid increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel,” Musk said on Twitter. He added that cryptocurrency is a […]
Home security camera footage shows that the owner of a Tesla got into the driver’s seat of the car shortly before a deadly crash in suburban Houston, according to a government report Monday. But the preliminary report on the crash that killed two men doesn’t explain the mystery of why authorities found no one behind […]
The trade association representing most major automakers is offering guidelines for manufacturers to advertise partially automated driving systems and to make sure drivers are paying attention while using them. The Alliance for Automotive Innovation says its members support the voluntary principles, which come as two federal agencies increase scrutiny of Tesla’s Autopilot diver-assist system after […]