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Austin, we have a problem! Tesla descends into battery hell

Economic Times

Economic Times · 1y ago

Austin, we have a problem! Tesla descends into battery hell

Tesla is facing significant challenges as it deals with battery production issues at its Gigafactory in Austin, Texas. The production lines at the factory, which started operations in December 2021, have been experiencing difficulties leading to delays and quality control problems. These issues are impacting Tesla's ability to meet the high demand for their electric vehicles and may require additional investments and resources to resolve.

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Tesla's Robotaxis finally hit the streets — USP, roadblocks and more

Economic Times

Economic Times · 2m ago

Tesla's Robotaxis finally hit the streets — USP, roadblocks and more

Tesla has launched its first robotaxi pilot in Austin, Texas, deploying a fleet of 10-20 fully autonomous Model Y vehicles. Offering rides at $4.20, this marks Tesla’s entry into the self-driving ride-hailing market against competitors like Waymo. Unlike Waymo’s sensor-based system, Tesla relies solely on cameras and an all-new software. However, safety concerns have been raised, particularly from Texas Democrats, urging a delay until safety regulations are in place.

Crypto industry descends on Dubai as Trump euphoria recedes

VCCircle

VCCircle · 4m ago

Crypto industry descends on Dubai as Trump euphoria recedes

Cryptocurrency enthusiasts gathered in Dubai for the TOKEN2049 conference amid a shift in sentiment following early optimism over Donald Trump's support for crypto. Industry leaders, including major firm executives and Eric Trump, discussed the potential impact of political promises on regulation. While crypto prices have fallen, investment remains strong, with $5.4 billion poured into the sector in early 2025. The UAE is emerging as a crypto hub, attracting significant investment and continued industry expansion.

Tesla changes lease policy, didn’t use old cars as robotaxis

Arstechnica

Arstechnica · 3m ago

Tesla changes lease policy, didn’t use old cars as robotaxis

Tesla initially restricted lease buyouts, intending to use returned vehicles for a nonexistent ride-hailing network. Starting in 2019 with Model 3 and later Model Y, Tesla reversed this policy in November, instead selling refurbished ex-lease cars. Some lessees felt misled, anticipating their vehicles would be deployed as robotaxis. Due to depreciation, many lessees may have benefited financially from not buying out their leases. Tesla claims autonomy-enabled rides could launch soon in Austin.

Congress creating controversy, my message for start-ups received positively: Piyush Goyal

Inshorts · 4m ago

Congress creating controversy, my message for start-ups received positively: Piyush Goyal

Union Minister Piyush Goyal said his message for start-ups has been received positively, except by some social media handles of Congress. "[These handles]...are hell-bent on manufacturing a controversy when there is none," he said. Earlier, Goyal told start-ups, "Wealth creation in the short run may happen...Par dukandari ka hi kaam karna hai humein? (Do we have to do shopkeeping only?)."

Musk says Tesla's robotaxi service to 'tentatively' launch in Austin on June 22

Economic Times

Economic Times · 2m ago

Musk says Tesla's robotaxi service to 'tentatively' launch in Austin on June 22

Elon Musk announced that Tesla plans to launch a robotaxi service in Austin, Texas, on June 22, though the date might change due to safety concerns. Initially, Tesla will operate around ten taxis, monitored remotely and geofenced for safety. This rollout marks a significant step towards autonomous driving, a goal Musk has pursued for a decade. The move comes amid declining Tesla vehicle sales and increasing competition, alongside potential regulatory challenges.

Tesla to recall nearly 55,000 Model X vehicles, auto regulator says

Economic Times

Economic Times · 1y ago

Tesla to recall nearly 55,000 Model X vehicles, auto regulator says

The U.S. auto regulator has announced that Tesla will recall 54,676 Model X vehicles due to a potential issue with the vehicle controller failing to detect low brake fluid and not displaying a warning light. Tesla has released a free over-the-air (OTA) software update to address the problem. The company is not aware of any incidents or injuries related to this issue. In August, the National Highway and Traffic Safety Administration (NHTSA) opened an investigation into steering control and power steering problems in 280,000 Tesla Model 3 and Model Y vehicles.

Tesla is reportedly bringing a limited version of its robotaxi service to San Francisco | TechCrunch

TechCrunch · 1m ago

Tesla is reportedly bringing a limited version of its robotaxi service to San Francisco | TechCrunch

Tesla is introducing a limited robotaxi service in San Francisco following its initial launch in Austin, Texas. The service requires a driver in the seat due to permit restrictions. Invitations are being sent to Tesla owners, but regulatory approvals are still in progress. Till now, the service operates primarily in Austin's downtown with safety operators onboard. Tesla aims to expand to Florida and Arizona, continuing its pursuit of enhanced autonomous vehicle capabilities.

Tesla asked to delay robotaxi launch by Democratic Texas lawmakers

Economic Times

Economic Times · 2m ago

Tesla asked to delay robotaxi launch by Democratic Texas lawmakers

Democratic lawmakers in Texas have requested Tesla to postpone the robotaxi launch in Austin. They want the delay until a new autonomous-driving law becomes effective in September, to ensure public safety and build trust. The law requires autonomous-vehicle companies to obtain authorization to operate and meet safety guidelines. Tesla's CEO, Elon Musk, mentioned the initial rollout would be limited and focus on safe areas, but details on operations remain unclear.

Elon Musk has a unique plan to solve Twitter's ad problems

Business Insider

Business Insider · 1y ago

Elon Musk has a unique plan to solve Twitter's ad problems

Tesla, owned by Elon Musk, is trying to solve Twitter's advertising problem by advertising on the social media platform. Tesla has recently started running ads on Twitter, YouTube, and TikTok. Prior to this, Tesla had never advertised before as the company relied on word-of-mouth and Elon Musk's promotional efforts on Twitter. However, with Musk now owning Twitter and facing advertiser backlash, Tesla is taking the unconventional route of advertising on the platform to maintain visibility. Other big brands like Netflix have also resumed advertising on Twitter after pausing in response to Musk's past controversies.

How is Tesla expected to remotely control its robotaxis, and what are its limitations?

Economic Times

Economic Times · 2m ago

How is Tesla expected to remotely control its robotaxis, and what are its limitations?

Tesla plans to launch a robotaxi service in Austin, Texas, using around 10 Model Y SUVs with remote human monitoring for safety. This approach, called teleoperation, involves remotely controlling vehicles and is commonly used by other robotaxi firms globally. However, it faces challenges such as data connection reliability. Teleoperators can intervene if vehicles encounter issues. Tesla aims to ensure safety, but concerns over cellular data reliability and public trust remain.

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