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California Insurance regulator hits Tesla with enforcement notice
Tesla has been hit with an enforcement action by the California Department of Insurance (CDI) over claims of routinely delaying or denying claims. The enforcement action is coming after years of warni...
Shareholders push back against Musk’s $1 trillion compensation plan
A group of Tesla investors has written a letter asking other Tesla shareholders to vote against the new pay proposal at the company’s annual shareholder meeting on November 6. The proposal provides a ...
OpenAI dismisses Elon Musk’s lawsuit as “harassment tactic”
Artificial intelligence company OpenAI has pushed back at xAI CEO Musk’s recent lawsuit, calling it part of an “ongoing harassment campaign” to undermine its operations. The ChatGPT maker released a s...
Tesla hikes U.S. lease prices after EV tax credit expires
Tesla Inc. announced on Wednesday that it has raised lease prices for all its vehicles in the United States following the expiration of a federal electric vehicle (EV) tax credit that had been a key d...
Tesla's FSD tech targeted for risk of 'catastrophic' collisions by US senators
Democratic U.S. Senators Ed Markey of Massachusetts and Richard Blumenthal of Connecticut have asked the National Highway Traffic Safety Administration (NHTSA) to look into Tesla’s autopilot tech. The...
Top Chinese EV maker lowers 2025 sales target, marking slowest growth rate in years
Chinese electric vehicle manufacturer BYD has projected that sales outside China will account for about one-fifth of total deliveries this year. The company projects between 800,000 and 1 million unit...
Robotics investments based on flawed, unsustainable assumptions, renowned researcher
Rodney Brooks, a renowned roboticist who co-founded iRobot and former MIT researcher, has warned that current investments in humanoid robots are based on flawed assumptions and may not be sustainable ...
Xiaomi starts with showrooms in plan to take EU EV markets, from 2027
Xiaomi will begin selling electric vehicles in Europe by 2027, with plans already underway to lock down showroom spaces across the continent. The decision was confirmed by Xu Fei, vice president at th...
Mercedes to buy stake in $8.35B Chinese self-driving tech company Qianli
Mercedes-Benz Group AG is moving forward with plans to purchase a stake in a Chinese company that builds self-driving car technology. The luxury German car maker wants to buy part of Chongqing Qianli ...
Automakers tell regulators that Biden-era emission targets for 2027–2032 are impossible to reach
Automakers across America are asking the Trump administration to roll back tough pollution rules that force them to make more electric cars, saying the targets set by the previous president are imposs...
China's WeRide and PonyAI to bring robotaxis in Singapore
Singapore is set to welcome autonomous ride-hailing vehicles as Chinese companies Pony AI Inc. and WeRide Inc. partner with local firms to launch robotaxi services in the city-state. WeRide said it wi...
Private tech valuations double to $1.3 trillion, led by OpenAI and SpaceX
The private tech market just hit a number that would’ve sounded like a joke a few years ago: $1.3 trillion, which is almost double their total from last year. This massive jump was reported by Forge G...