Tesla - Page 12

NHTSA Probe of Tesla Autopilot Intensifies with 200 Crashes, 830,000 Cars Under Investigation

A federal probe of Tesla’s Autopilot function has escalated, with the National Highway Traffic Safety Administration (NHTSA) now investigating if the Autopilot feature is potentially defective. The agency is studying data on 200 Tesla crashes, stating that “On average in these crashes, Autopilot aborted vehicle control less than one second prior to the first impact.”

Elon Musk watches SpaceX launch

Ford CEO Jim Farley: A ‘Huge Price War’ Is Coming to Electric Car Market

Ford CEO Jim Farley recently stated that he believes that the electric car market will soon enter a price war with upcoming models costing as little as $25,000. Farley seems thrilled with the prospects of manufacturing electric vehicles, which may impact manufacturing employment. He describes EVs as “Half the fixtures, half the work stations, half the welds, 20% less fasteners. We designed it, because it’s such a simple product, to radically change the manufacturability.”

James Farley, president and chief executive officer of Ford Motor Co., speaks during a lau

Elon Musk Tops List of Highest Paid Fortune 500 CEOs with $23.5 Billion

According to Fortune’s list of the top 10 highest-paid CEOs of the Fortune 500, Tesla and SpaceX CEO Elon Musk received the highest compensation in 2021 while Apple CEO Tim Cook trailed just behind. Musk’s realized compensation of $23.5 billion in 2021 dwarfs Cook’s otherwise impressive $770.5 million haul.

elon musk

Feds Probe Another Deadly Tesla Autopilot Crash

The National Highway Traffic Safety Administration (NHTSA) has launched a probe into yet another fatal car crash involving Tesla’s Autopilot “full self-driving” system. The latest Tesla crash under federal investigation resulted in three fatalities.

CHICAGO, IL - JUNE 14: Engineer and tech entrepreneur Elon Musk of The Boring Company list

Report: Elon Musk Seeks More Outside Cash for Twitter Buyout

Recent reports claim that Tesla CEO Elon Musk is in talks with large investment firms and high-net-worth individuals to back his $44 billion Twitter acquisition. Musk could be attempting to bring in additional outside money to lower the portion of his own personal fortune at stake in the acquisition of the social media platform.

BERLIN, GERMANY DECEMBER 01: SpaceX owner and Tesla CEO Elon Musk arrives on the red carpe