Tesla may have just raised $2.7B in additional funding, but the company’s cash burn rate is so high, even that amount won’t keep the lights on for very long. According to CEO Elon Musk, the company is instituting “hardcore” cost-cutting rules and scrutinizing…
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Elon Musk says in email to employees that new cost-cutting measures are the ‘only way for Tesla to become financially sustainable’ (TSLA)
Elon Musk has promised yet another sprint of financial discipline at Tesla. In an email to company employees Thursday, parts of which were published by the blog Electrek, Musk said Tesla has about 10 months at its current burn rate to achieve breakeven. He…
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Autopilot Was Engaged During Fatal Tesla Crash
This story originally appeared on PCMagOn March 1, a Tesla Model 3 crashed into a semitrailer in Delray Beach, Florida, which sheared off the vehicle’s roof and proved fatal for the driver. A preliminary report released by the National Transportation Safety B…
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Internet fraudster stole 750,000 IP addresses, say prosecutors
A Charleston man was charged with fraud this week [justice.gov] after investigators unraveled an elaborate scheme to take control of IP addresses. More than 750,000 were snagged, reports the BBC, then sold on. The US Department of Justice claims that Mr Gole…
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Hyperdimensional computing theory could lead to AI with memories and reflexes
A team of scientists from the University of Maryland recently came up with a take on the hyperdimensional computing theory that could give robots memories and reflexes. This could break the stalemate we seem to be at with autonomous vehicles and other real-wo…
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