Fujitsu AI supports Toyota GAZOO Racing's real-time driving analysis during World Endurance Championship
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- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Tesla's 'Unboxed Process': Revolutionizing auto manufacturing or a risky endeavor?
May 15, 2023 8:26 AM EDTTesla (NASDAQ: TSLA) introduced a new vehicle-assembly systemin March, sparking instant buzz and debate among industry specialists on whether the system, known as the "unboxed process," devised by CEO Elon Musk is a radical innovation, a visionary departure from traditional methods, a derivative concept, or a combination.
Musk believes the company needs to radically rethink conventional manufacturing methods in order to produce electric vehicles at larger volumes that are both more affordable and profitable.
Investors have eagerly anticipated the revelation of what many consider to be Tesla's holy grail: an electric... More
Data Breach: Toyota (TM) exposes millions of Japanese customers' data due to human error
May 12, 2023 10:19 AM EDTToyota (NYSE: TM) revealed Friday that almost the entire Japanese customer base who signed up for its main cloud service platforms since 2012, 2.15 million users, has been publicly available for a decade due to human error.
The incident, which also affected customers of its luxury brand Lexus, comes as the company makes a push into vehicle connectivity and cloud-based data management which are seen as crucial to offering autonomous driving and other... More
