The two-seat vehicles are designed to operate without a human driver and have no steering wheel, brake pedal, accelerator pedal or conventional mirrors.
The decision is part of a massive restructuring aimed at trimming management layers and reallocating spending into its ride-sharing, delivery and robotaxi businesses.
Tesla's massive investments in humanoid robots , self-driving cars and AI chips are hurting profits, but the company says it'll all pay off down the line. Why it matters: CEO Elon Musk indicated he's "never been more optimistic about the future," but acknowledged the investments could lead to uneven results. Zoom in: Tesla revenue jumped on record vehicle deliveries in the second quarter, but the company saw a significant dip in operating profit because of its heavy spending on R&D. - Tesla plans to spend more than $25 billion on capital investments this year, and that spending rate will grow over the the next two or three years, CFO Vaibhav Taneja told investors and analysts on a call late Wednesday. - Additionally, Tesla plans to…
Host Blake Burman discusses Tyler Robinson's preliminary trial over the death of Charlie Kirk. The trial reached its fifth and final day Friday until it resumes in September. Additionally, the Pentagon released more UFO files Friday morning. 00:00 - Intro 1:21 - Tyler Robinson hearing adjourned until September 1 3:34 - Pentagon releases more UFO files 14:15 - NHTSA slams robotaxis over public safety 20:39 - Trump says Iran ceasefire is over 27:15 - House to vote on daylight savings time 38:31 - California brush fire scorches 1,300 acres #charliekirk #tylerrobinson #ufo
A Tesla Model 3, claimed to be on Autopilot by its driver, crashed into a Texas home, killing a 76-year-old grandmother.
A Tesla Model 3, claimed to be on Autopilot by its driver, crashed into a Texas home , killing a 76-year-old grandmother. PULSE POINTS WHAT HAPPENED: A Tesla Model 3 crashed into a home in Katy, Texas , killing 76-year-old Martha Avila, who was inside the residence. The driver, Michael Butler, claimed the vehicle was operating on Autopilot at the time of the crash, which caused extensive damage to the home and displaced the family living there. DETAIL: Avila was airlifted to a nearby hospital but later died from her injuries. Officials said Butler showed no signs of intoxication and has been cooperating with investigators, while the Harris County Sheriff’s Office Vehicular Crimes Division continues to examine the cause of the crash.…Open
Self-driving robotaxi company Waymo has paused operations in multiple cities across the U.S. due to difficulties navigating puddles.
Self-driving robotaxi company Waymo has paused operations in multiple cities across the U.S. due to difficulties navigating puddles. PULSE POINTS WHAT HAPPENED: Waymo has temporarily halted its robotaxi services in four major cities in the United States due to puddles. DETAIL: Waymo is the branch of Alphabet, parent company of Google, building self-driving robotaxis. The firm has temporarily halted robotaxi services in Atlanta, Dallas, Houston, and San Antonio due to puddles created by rain and flooding . The weather conditions posed challenges for the vehicles’ navigation systems. The decision to halt robotaxi services follows a nationwide recall of approximately 3,800 Waymo vehicles due to their inability to handle flooded roads. The…Open