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$$$, News, Tesla, Untruths

Business Insider – Elon Musk is probably getting a little nervous

Business Insider reports on the Q2 earnings call, and how Tesla investors are not happy with the situation. Elon Musk is definitely feeling the heat, though continues to spout falsehoods about the alleged Tesla robotaxi.

News Republisher
07/24/24

$$$, News, Tesla

Jalopnik – Tesla’s Aging Cars Aren’t Selling So Elon’s Making Promises About AI And New Models

Editors note: this article is worthwhile for this one quote: In a lot of ways, Elon Musk has built a complete house of cards for his stock based on promises and ideas that’ll just get kicked further down the road. In the meantime, though, enjoy the meme possibilities. See original article by Andy…

News Republisher
07/23/24

$$$, News, Tesla

NY Times – Tesla’s Profit Fell 45% in the Second Quarter on Weak E.V. Sales

NY Times reports that Tesla had another awful quarter, with year-over-year sales decline of 4.8% and profit drop of 45%. Meanwhile, other EV manufacturers are doing much better.

News Republisher
07/23/24

$$$, Cruise, News, Untruths

Cruise Q2 financials are much worse than presented

Michael Smith digs into the GM Q2 2024 financial returns and finds out that the financial situation of Cruise is far more precarious than presented.

Michael Smith
07/23/24

$$$, Cruise, News, Safety

NY Times – G.M. Will Restart Cruise Taxi Service

NY Times reports that Cruise has restarted operations in Dallas, Houston and Phoenix, though with human safety drivers. Article also reports that Cruise has lost $500 million for the first 6 months of 2024.

News Republisher
07/23/24

$$$, News, Tesla, Untruths

TechCrunch – Elon Musk sets new date for Tesla robotaxi reveal, calls everything beyond autonomy ‘noise’

TechCrunch reports that a new date of October 10th has been set for the Tesla robotaxi "unveiling". Unanswered is whether this "unveiling" will be even more embarassing than the Tesla robot mime one.

News Republisher
07/23/24
Rev 07/24/24

$$$, News, Waymo

TechCrunch – Alphabet to invest another $5B into Waymo

TechCrunch reports that Waymo is committing a new round of funding of "up to $5B" over the next few years. This is not truly news though since it is just consistent with their recent annual investments.

News Republisher
07/23/24
Rev 07/24/24

News, Waymo

TechCrunch – The Waymo-Zeekr robotaxi has come to San Francisco

TechCrunch reports on how Waymo is testing Chinese Zeekr vehicles as a possible replacement for their Jaguar I-Paces. But Congress might limit or ban Chinese connected vehicles.

News Republisher
07/23/24
Rev 07/24/24

News, Tesla

The Verge – Elon Musk is not answering the most important questions about the Tesla robotaxi

The Verge reports that Elon Musk is still avoiding the most basic question on the supposed Tesla robotaxi: will it have a steering wheel? If not, as has been hinted, then there would be incredibly long delays due to regulatory issues.

News Republisher
07/23/24
Rev 07/24/24

$$$, News, Waymo

Wired – Waymo Is Suing People Who Allegedly Smashed and Slashed Its Robotaxis

Wired reports on while Waymo doesn't pay to use public streets, it is now suing people for damages when people fight back.

News Republisher
07/22/24
Rev 07/24/24

$$$, News

NY Times – SoftBank’s Chief Pitches a New Path for Self-Driving Cars

NY Times reports on how Masayoshi Son, the billionaire founder of SoftBank, is trying to get automotive makers around the world to join forces to develop autonomous driving.

News Republisher
07/22/24
Rev 07/23/24

News

SF Chronicle – The next wave of robotaxis is driving outside of S.F. They’re unlike anything you’ve experienced

The SF Chronicle reports on how Zoox is running their autonomous vehicles south of San Francisco. They are not currently permitted for commercial service on public roads.