Bill Gates says calls to pause AI won't 'solve challenges'

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U.S. EPA to propose new vehicle emission cuts, expects big EV push

April 6, 2023 1:22 PM EDT

According to a Reuters report Thursday, the U.S. Environmental Protection Agency is set as early as next week to propose new rules to spur sweeping cuts in vehicle emissions. The new rules are expected to cover the 2027 through 2032 model years and will push automakers to dramatically expand electric... More

Tesla (TSLA) employees shared sensitive images recorded by customer vehicles: 'It was a breach of privacy'

April 6, 2023 12:13 PM EDT

A special story by Reuters Thursday reports that between 2019 and 2022, Tesla (NASDAQ: TSLA) employees privately shared videos and images, some of them highly invasive, recorded by customers car cameras.

Some of the recordings caught Tesla customers in embarrassing situations. One ex-employee described a video of a man approaching a vehicle completely naked.

Tesla assured its electric car owners that their privacy is and will always be enormously important to us. The cameras it builds into vehicles to assist driving, it notes on its website, are designed from the ground up to protect your... More

BofA survey reveals strong NVIDIA (NVDA) share gains

April 6, 2023 10:54 AM EDT

BofA's Vivek Arya told investors in a research note that the firm's Steam survey shows NVIDIA's (NASDAQ: NVDA) strong share gains are continuing.

The biggest takeaway from the survey is NVDA's surprising jump in GPU share to 82.6% of gamers, up 700bps month-on-month, said Arya. However, he warned that they "assess data with... More

UK EV sales reach record highs in best month ever

April 5, 2023 9:00 AM EDT

The Society of Motor Manufacturers and Traders (SMMT) released data Wednesday that showed new car registrations jumped to 287,825 units as supply chain challenges continued to ease, making the first quarter of 2023 the strongest three-month period since 2019. Battery electric vehicle (BEV) sales reached a record monthly high of 46,626, representing 18.6% year-on-year... More

Tesla (TSLA) reaches 88,869 Chinese deliveries in March

April 4, 2023 7:58 AM EDT

Electric vehicle giant, Tesla Inc. (NASDAQ: TSLA) sold 88,869 units of China-made electric vehicles in March, according to data published by the China Passenger Car Association (CPCA) showed on Tuesday. That was up 35.0% from a year ago and 19.4% from February, when the U.S. electric car... More

Morgan Stanley says Tesla (TSLA) 'may require further price cuts' to reach delivery goals

April 4, 2023 7:47 AM EDT

Morgan Stanley reiterated an Overweight rating and $220.00 price target on Tesla Inc. (NASDAQ: TSLA) after the electric automaker reported 1Q delivery and production numbers.

Tesla delivered 423k units in the 1Q, in line with the company gathered consensus with a 4.3% increase over last quarter. 1Q deliveries annualize to just under 1.7mm units while 1Q production... More