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Over a dozen high-profile Twitter accounts, including Joe Biden and Elon Musk, appear to have been hacked on Wednesday as part of an apparent scam that promised free bitcoins to tens of millions of users. “Feeling greatful, doubling all payments sent to my BTC address!,” read the a since-deleted tweet on Musk’s account, which misspelled …
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Tesla is planning to temporarily shut down its Fremont factory for upgrades, a move that arrives just a day after reports emerged that coronavirus cases were surging at the plant. The closure, which is expected to come at the end of the month according to Tesla blog Electrek, is necessary to install new heavy machinery …
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Texas officials are ready to give Tesla millions of dollars in tax breaks to build its next factory in the Austin area. Commissioners in Travis County voted Tuesday to give Elon Musk’s electric-car maker at least $14.7 million in property tax rebates if it spends at least $1.1 billion on the proposed plant near the …
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More than 1,500 Tesla workers have been infected or come in contact with someone who was infected with the coronavirus in recent months, according to a new report. The majority of the cases popped up at Tesla’s Fremont, Calif. factory, according to Tesla blog Electrek. The facility was the focal point of a standoff between …
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Germany has banned Tesla from repeating what a court says are misleading advertising statements relating to the capabilities of the firm’s driver assistance systems and to autonomous driving, a Munich judge ruled on Tuesday. Tesla can appeal the ruling. The case was brought by Germany’s Wettbewerbszentrale, an industry-sponsored body tasked with policing anti-competitive practices. The …
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Shares of Tesla continued their seemingly endless growth on Monday, climbing as much as 14 percent as investors bet on the stock’s possible inclusion in the S&P 500 index. Tesla reports quarterly earnings next week. If it posts a profit that meets generally accepted accounting principles, it will have four consecutive profitable quarters under its …
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Tesla on Monday slashed the price of its Model Y SUV by $3,000, just four months after its launch, as it looks to keep up its strong sales numbers amid the global pandemic. The Model Y now starts at $49,990, down nearly 6 percent from its previous price of $52,990, according to Tesla’s website. The …
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Many predictions by Nikola Tesla, one of the world’s most celebrated inventors, have already come true and some might in the near future. As a technology-obsessed culture, we love our tech heroes. The champions of the tech industry are treated like rock stars, and their announcements of new gadgetry reverberate with billions of people around …
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Electric vehicle startup Rivian, which is backed by Amazon and Ford and aims to put an electric pickup and SUV in production in 2021, boosted its war chest further with a $2.5-billion investment round led by T. Rowe Price, Rivian said Friday. The deal comes on the heels of electric-car maker Tesla’s meteoric rise in …
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Two Tesla factory workers claim that they were fired for not returning to work over coronavirus concerns — despite promises from Elon Musk that attendance was not mandatory. The pair of employees at the electric automaker’s Fremont, Calif. factory told the Washington Post that they received termination notices for “failure to return to work” during …