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Autos - SERIES 111 {10 articles}

Elon Musk Believed He Had Verbal Agreement with Saudis for Tesla Buyout

9/28/2018, 10:21:54 PM
Tesla CEO Elon Musk believes he had a verbal agreement in place with Saudi Arabia’s sovereign-wealth fund to help finance a plan to take the auto maker private. ✔ In addition, Mr. Musk has told people that he could have led a go-private transaction using his own stake in SpaceX, if major Tesla investors were on board ✔ Those descriptions of Mr. Musk’s thinking are the most detailed yet following the SEC lawsuit ✔ A Tesla spokesman didn’t immediately respond to a request for comment


GM to recall more than 3.3 million vehicles in China

9/29/2018, 3:20:02 AM
General Motors' joint venture in China, Shanghai GM, will recall more than 3.3 million Buick, Chevrolet and Cadillac vehicles from Oct. 20 because of a defect with the suspension system, China's market regulator said on Saturday. ✔ STR | AFP | Getty Images General Motors Buick cars being assembled at Wuhan auto plant in Wuhan, China ✔ The recall includes cars produced between 2013 and 2018, the State Administration for Market Regulation said in a statement ✔ GM will contact those affected and repair the vehicles free of charge, it said


Hamilton driving on an ‘unseen’ level | Drive.com.au

9/29/2018, 1:22:43 AM
Mercedes Formula One boss Toto Wolff has played down Ferrari’s chance of catching Lewis Hamilton in this year’s title racing, saying the British driver is “able to perform on a level that is unseen”. ✔ Drivers are awarded 25 points for first place, 18 points for second and 15 for third, all the way down to one point for 10th place ✔ Vettel can secure the 2018 title from here if he takes victory in every race left on the calendar - if Vettel wins and Hamilton finishes second at every round from Russia onward, the Mercedes driver will fall two points short of his margin ✔ Let's start a personal and meaningful conversation! Leave a comment (Get advice from an expert)


Tesla's board must have a 'Jonestown suicide pact' to turn down SEC's settlement: Jeff Sonnenfeld

9/28/2018, 8:08:15 PM
Tesla's board and CEO Elon Musk made a big mistake in rejecting the "generous" settlement deal, the Yale management guru says. ✔ Every day that goes by, Musk makes it more difficult for them to leave him as CEO ✔ The first deal would have left that and that's going to get harder, he said ✔ Our focus remains on the continued ramp of Model 3 production and delivering for our customers, shareholders and employees


Elon Musk tells employees to 'ignore all distractions' as the quarter ends and pressure from the SEC mounts, leaked email reveals

9/28/2018, 10:27:12 PM
As Tesla's stock price plunges in the wake of an SEC lawsuit against CEO Elon Musk, he tells his employees to "ignore distractions" to finish the third quarter strong. ✔ On Friday Elon Musk emailed Tesla employees and told them to ignore all distractions as the third quarter comes to a close ✔ Tesla's stock fell almost 14% during Friday trading, continuing its plunge on reports that Musk previously rejected a settlement with the SEC


Elon Musk, Tesla and the SEC: How we got here, and what happens next - Roadshow

9/28/2018, 8:35:38 PM
What a long, strange trip it's been, and there's still plenty of it left. ✔ How did it get to this point, and where does the whole situation go from here ✔ We note that lifetime bans for executives are unusual, though several high-profile executives have received temporary bans ✔ 49 Tesla's Model 3 Performance subtly adds the power


Elon Musk vs. the SEC: The Tesla billionaire gears up for the fight of his career

9/28/2018, 11:07:22 PM
As Elon Musk prepares for war, some in Silicon Valley ride to his defense: "Maybe putting up with random tweeting is the price of saving the human race.” ✔ The SEC complaint says Musk deceived shareholders when he insisted the deal had secured funding and investor support ✔ Regulators are pushing to bar Musk from public-company leadership, impose civil penalties and recoup any ill-gotten gains that followed his off-the-cuff tweets ✔ Elizabeth Dwoskin and Renae Merle contributed to this report


Elon Musk reportedly asks Tesla employees to test full self-driving version of Autopilot

9/28/2018, 10:08:57 PM
First-come, first-served basis ✔ In fact, Tesla doesn’t allow discounts or negotiated prices for the cars in its showrooms, either, unless they are models that have been sitting on the floor or been used for test drives ✔ That drive has since been shelved indefinitely as the company works to improve the safety of the existing version of Autopilot, which came under scrutiny earlier this year after it was involved in a small number of accidents and deaths


10 stars leading Google's efforts to build a media and entertainment empire

9/28/2018, 10:27:16 PM
BI PRIME: YouTube has few peers when it comes to discovering raw talent, and has been one of the dominant players in digital music for a long time. But Google Home is becoming a popular way to listen to music and YouTube TV is on the rise. Here are some of the people making this all happen. ✔ Greg Sandoval/YouTube With its army of computer engineers, Google is an icon of the Silicon Valley tech world ✔ One of the factors that contributed to the high cost of traditional cable TV packages was the lack of competition ✔ In Variety's Dealmakers Impact Report, he was among their disruptors


This Japanese VR arcade put me inside 'Mario Kart'

9/28/2018, 8:52:10 PM
Finally, you can play "Mario Kart," "Dragon Ball" and "Evangelion" in VR. ✔ When my beam was fully charged, Goku and I yelled the iconic Ka-me-ha-me-HA! scream, and then we pushed our hands out to shoot our Kamehameha beams ✔ Boom! I destroyed a hill and left a massive trail on the ground ✔ Engadget Chinese's Taipei Editor Ross Wang contributed to this report


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