Elon Musk relaunched Tesla’s residential solar-power service: for $50 monthly, you get all the necessary panels and other hardware, plus installation, support, and ongoing maintenance.
Tesla (TSLA) project Dojo was revealed during the recent Tesla Autonomy Investor Day held a few weeks ago. Elon Musk mentioned the Dojo as the key to labeling visual data, which is currently a very difficult task.
Tesla endured another round of financial losses despite pressure to become steadily profitable. Tesla (TSLA) lost $1.12 per share versus the expected loss of $0.31 per share. That means a loss of $408 million in the quarter on revenue of $6.3 billion.
Microsoft has invested $1 billion in Elon Musk-founded artificial intelligence company OpenAI in an effort build supercomputer AI technologies for its Azure cloud services. The two companies will join forces to build large-scale AI systems for Azure.
Tesla (TSLA) is cutting the price of its Model 3 car and eliminating the base versions of the Model S and Model X. The company is also raising the price of full self-driving by $1,000 while the demand for Model 3 remains robust.
According to FCC, with their Project Kuiper, Amazon wants to put 3,236 broadband satellites into orbit. There are almost 4B people in the world who don’t have access to reliable broadband internet and with this project, they intend to fill that gap.
Virgin Galactic announced that it will go public in the second half of 2019 with Social Capital Hedosophia Holdings Corp expected to acquire 49% of the space-tourism company.
Waymo and the California Department of Motor Vehicles announced Tuesday that the Golden State had approved a permit for the self-driving-car company to drive in a handful of Silicon Valley cities. Some believe that it may present a warning to GM and Tesla.
The price of the popular Dogecoin cryptocurrency skyrocketed after the announcement that it has been listed on the Binance exchange at midday (UTC) Friday. The cryptocurrency had surged by 34 percent to $0.004324.
Tesla (TSLA) delivered 95,200 of its electric vehicles in the second quarter, a dramatic reversal from a disappointing first period that set a new record and beat analysts’ expectations.