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Elon Musk is being investigated by the SEC for Tesla self-driving claims, report says

by Adre's IT | 28 January, 2023 | Adre's IT Blog, Escend, falcon, groups, Matt Hicks, Transportation, University of Minnesota, verification

Tesla CEO Elon Musk is facing scrutiny by the U.S. Securities and Exchange Commission (SEC) regarding his specific comments and efforts to promote the automaker’s claims regarding its “self-driving” capabilities, Bloomberg reports. The SEC...

Tesla reports $24.3B revenue in the fourth quarter, beating Street estimates

by Adre's IT | 26 January, 2023 | Adre's IT Blog, furloughs, Tesla FSD, Transportation, University of Minnesota

Tesla just beat Wall Street revenue estimates for the fourth quarter of 2022. The company closed out Q4 with $24.3 billion in revenue, a 37% increase from the same quarter last year and a 13% bump quarter-over-quarter. Analysts had expected the company to earn around...

Tesla’s energy storage arm caps 2022 with ‘highest level’ of deployments ever

by Adre's IT | 26 January, 2023 | Adre's IT Blog, falcon, Gambit Energy Storage, katharine hayhoe, Transportation, University of Minnesota

The growth keeps coming for Tesla’s energy storage business. On Wednesday, the automaker said its home and utility-scale battery deployments reached 6.5 gigawatt hours (GWh) during its fiscal 2022, calling it “by far the highest level of deployments we...

Musk oversaw misleading 2016 video saying Tesla drove itself

by Adre's IT | 20 January, 2023 | Adre's IT Blog, falcon, Transportation, University of Minnesota, voice chat

Tesla CEO Elon Musk oversaw a 2016 video that overstated the capabilities of the automaker’s driver assistance system, Autopilot, according to internal emails viewed by Bloomberg. The emails show that Musk even dictated the opening tagline of the video that...

Tesla engineer testifies that 2016 video promoting self-driving was faked

by Adre's IT | 18 January, 2023 | Adre's IT Blog, falcon, Transportation, University of Minnesota, voice chat

Tesla faked a 2016 video promoting its self-driving technology, according to testimony by a senior engineer reviewed by Reuters. The video, which shows a Tesla Model X driving on urban, suburban and highway streets; stopping itself at a red light; and accelerating at...

Tesla rolls into a pressure cooker, Paris mulls its scooter future, and the double SPAC arrives

by Adre's IT | 16 January, 2023 | Adre's IT Blog, Apax Partners, Transportation, University of Minnesota

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. Subscribe for free.  Welcome back to The Station, your central hub for...
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Established in 2015, Adre’s IT is a premier Malaysia web design IT solution company,specialized in helping businesses to achieve their success through Software Development, Web Design, eCommerce Solution, SEO, Branding and Online Marketing.

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