Tesla has issued a recall that automatically sent a software update fixing a safety problem in its electric vehicles, apparently heading off a looming confrontation with U.S. safety regulators. But recall documents posted on the National Highway Traffic Safety Administration website Tuesday don’t address another safety issue specified by the agency when it demanded that […]
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The small, four-seat pod glides above the sands of a test track in Sharjah in the United Arab Emirates, a futuristic transit solution promoted by a Belarusian firm that hopes to secure contracts here in the near future. Inviting journalists to see their test track Thursday, firm uSky showed off what they described as an […]
The global computer chip shortage cut into third-quarter profits at both Ford and crosstown rival General Motors, with both companies having to temporarily close factories, pinching supplies on dealer lots. Ford’s net income of $1.83 billion fell 23% from a year ago, while GM’s profit dropped 40% to $2.4 billion. High prices, mainly for the […]
U.S. safety investigators want to know why Tesla didn’t file recall documents when it updated Autopilot software to better identify parked emergency vehicles, escalating a simmering clash between the automaker and regulators. In a letter to Tesla, the National Highway Traffic Safety Administration told the electric car maker Tuesday that it must recall vehicles if […]
As supply-chain shortages continue to extend into 2022 due to COVID-19, chip manufacturing giants are exhibiting what the future could hold, and it won’t include the same price list pre-pandemic. While the ongoing chip shortage managed to reconcile its situation, the same cannot be expressed about its pricing list. The state of the semiconductor industry […]
Japanese automaker Toyota is revving up acquisitions in mobility technology, adding Renovo Motors Inc., a Silicon Valley software developer, to its Woven Planet team, which is working on automated driving. The addition, announced Tuesday, follows the purchase earlier this year of CARMERA Inc., a U.S. venture that specializes in sophisticated road mapping updates made cheaper […]
Waymo, the Google self-driving vehicle spinoff, is expanding its autonomous ride-hailing service to San Francisco. Selected “trusted tester” customers in the city by the bay will be able to hail a ride in self-driving Jaguar I-Pace electric vehicles, the company said. For now the vehicles will have human backup drivers on board. But at some […]
Michael Andretti has a 21-year-old son with zero interest in obtaining a driver’s license. Rideshare apps get him where he wants to go. In New Jersey, the 16-year-old daughter of a local short track racer took a five-minute driving lesson on a golf cart through their yard before turning over the keys. “That’s it, I’m […]
Tesla’s quarterly profit has surpassed $1 billion for the first time thanks to the electric car pioneer’s ability to navigate through a pandemic-driven computer chip shortage that has caused major headaches for other automakers. The financial milestone announced Monday extended a two-year run of prosperity that has erased questions about Tesla’s long-term viability raised during […]
Bitcoin rises back after witnessing another slump, surging past $30,000 today according to Coindesk. Once again, Elon Musk is behind the intense jump in value, as he reiterated his backing of Bitcoin during a panel held on Wednesday. The Tesla chief, who has been extremely vocal in the past about the environmental risks of Bitcoin mining, has confirmed during the “B Word” cryptocurrency conference that he will most likely resume accepting Bitcoin. “I […]