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Posts tagged as “Tesla”

Meta Launches Paid Subscription Program to Increase Authenticity and Security Across its Platforms

Meta, the parent company of Facebook and Instagram, has announced a new paid subscription program called "Meta Verified" that will allow users and businesses to verify their accounts with a blue badge. The service will require customers to provide a government ID to avoid fake accounts, and will come with other perks such as extra protection and direct access to customer support. The new system is expected to help users and businesses gain more trust and credibility, as well as reduce the number of fake accounts on the platform.

The Dawn Project’s Bold Move: Drawing Attention to the Dangers of Tesla’s Self-Driving Technology

The Dawn Project is using a Super Bowl ad to draw attention to the potential dangers of Tesla's "Full Self-Driving" system. The ad shows a Tesla running over a child-sized dummy and a fake baby in a stroller in a series of tests. The nonprofit group is calling out Tesla for allegedly knowing for more than six months that its software could cause potential dangers to pedestrians and drivers. The ad is part of a trend of more serious Super Bowl ads this year, and it remains to be seen if it will have the desired effect.

NTSB Report Reveals Driver Had Moved to Back Seat After Fiery Spring, Texas Crash

The NTSB released an investigative report on the April 17, 2021 crash in Spring, Texas, revealing that the driver had moved to the back seat after the crash and was wearing a seatbelt. The report also determined that Autopilot could not have been used on the street where the crash happened. The NTSB is continuing to investigate the crash and will release a final report in the coming months.

Jury Finds Elon Musk Not Guilty of Deceiving Investors with Tweets, Signaling Victory for Tech Executives

Elon Musk has been found not guilty of deceiving investors with tweets in 2018, after a jury in San Francisco deliberated for less than two hours. The verdict is seen as a major vindication for Musk, and a sign that the courts are willing to give tech executives some leeway when it comes to their public statements. The case is now closed, and Musk is free to continue leading Tesla and Twitter without the threat of legal action.

Jury Finds Elon Musk Not Liable for Losses Experienced by Tesla Shareholders Following 2018 Tweet

A California jury has ruled in favor of Elon Musk, finding the Tesla CEO not liable for losses experienced by shareholders following his 2018 tweet about taking the electric car maker private. The jury found that Musk did not act with “actual malice” or with the intent to harm investors, resulting in him having to forfeit his position as Tesla’s executive chairman and pay millions of dollars in fines and legal fees. The verdict is a relief for Musk, who has been under intense scrutiny since the tweet was sent and could have had a major impact on the future of Tesla and his role as CEO.

California Motorist Charged with Three Counts of Attempted Murder After Driving Tesla Off Cliff

Dharmesh Patel, a 41-year-old motorist, has been charged with three counts of attempted murder after driving his Tesla off a 250-foot cliff in Northern California, nearly killing himself, his wife and two children. The incident occurred on January 2nd and has been described as “miraculous” as all four passengers survived the plunge. Patel is expected to appear before a San Mateo County judge later in the afternoon in connection with the crash.

Elon Musk Testifies in Trial Over Controversial Tweet, Pushes Back at Idea it Was Partly a Joke

Elon Musk took the witness stand for a second day on Monday in a trial over a controversial tweet from 2018, in which he claimed he had "funding secured" to take Tesla private for $420 a share. Musk is attempting to explain the thought process behind the tweet and push back at the idea that it was partly a joke. U.S. Judge Edward Chen has already ruled the tweet was false and reckless, and Musk is now trying to convince the jury that he did not know the tweet was false when he sent it.

Elon Musk Takes the Stand in California Courtroom to Testify in Lawsuit Over 2018 Tweet

Elon Musk took the stand in a California court room on Friday to testify in a lawsuit over his 2018 tweet claiming he had secured funding to take Tesla private. Shareholders allege that the tweet was misleading and caused them to suffer financial losses, while Musk's lawyers argue that it was a joke. The trial is expected to last several weeks and could have serious implications for Musk and Tesla.

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