June 2022

Tesla AI Day gets pushed back to Sept. 30 to increase potential of working Optimus prototype

Tesla’s second rendition of Artificial Intelligence Day has been pushed back to September 30, as CEO Elon Musk stated the company may have a working prototype of Optimus, its robot that it unveiled at AI Day #1 last August. “Tesla AI Day pushed to Sept 30, as we may have an Optimus prototype working by […]

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SEC announces Tesla Fair Fund distribution plan to pay investors affected by ‘funding secured’

The Securities and Exchange Commission has officially established the distribution of the Tesla Fair Fund, the agency announced. The fund aims to pay investors who were negatively affected by Tesla CEO Elon Musk’s “funding secured” Tweets from 2018 as part of a settlement the automaker and Musk made with the SEC. Investors who acquired shares

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GM’s Cruise secures first-ever permit to charge for self-driving car rides in California

General Motors’ Cruise became the first autonomous driving program to secure a permit to charge people to ride in a self-driving car after numerous objections from city officials in San Francisco. Cruise won the approval with a unanimous 4-0 vote by the California Public Utilities Commission late last evening, a report from Reuters stated. San Francisco

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