Autonomous Driving Technologies

Updated Jan. 16, 2024 5:13 pm ETTesla Chief Executive Elon Musk has gone public with a demand for another big pay package, saying he wants more shares and greater control over the electric-car company as it expands further into robotics and artificial intelligence. On Monday, Musk gave board members what amounts to an ultimatum, saying he feels uncomfortable making Tesla a leader in those two areas without controlling roughly 25% of the company. Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved.…

Updated Jan. 1, 2024 9:26 pm ETChina Evergrande New Energy Vehicle said an agreement for a Dubai-based automaker to subscribe to its shares has expired, raising fresh doubts about a potential cash injection for the Chinese electric-vehicle manufacturer.The parties to the share subscription and the loan conversion agreement by Nasdaq-listed carmaker NWTN haven’tagreed to extend the long stop dates, which expired Dec. 31, 2023, Evergrande New Energy Vehicle, also known as Evergrande Auto, said in a filing late…

Generative AI will remain huge, and we’ll also see big moves with electric vehicles, Apple’s mixed-reality headset, password security and regulation around social media. Generative AI will remain huge, and we’ll also see big moves with electric vehicles, Apple’s mixed-reality headset, password security and regulation around social media. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the…

Dec. 15, 2023 11:00 pm ETListen to article(2 minutes)At a 2018 meeting with a senior General Motors team, Chief Executive Mary Barrastunned the room with a sharp U-turn. She killed plans for a new high-end Cadillac that already had gushing reviews from the automotive press. Her reason: the car’s gas-guzzling V-8 engine. Barra, deep into her quest to turn GM into an electric-car powerhouse, decided it would send the wrong message to showcase another splashy Cadillac—the GM brand known for innovation—that leans on…

Updated Nov. 29, 2023 8:59 am ETGeneral Motorsplans to sharply increase cash return to shareholders, as Chief Executive Mary Barra seeks to reassure investors about the health of GM’s core car-making business after setbacks in fledgling pursuits such as electric and driverless vehicles.The company also said Wednesday it will work to offset higher labor expenses from its new contract with the United Auto Workers and unionized employees in Canada. The contracts will add $1.5 billion next year, rising to $2.5 billion in…

Cruise was once one of the bright spots in the tenure of GM CEO Mary Barra. Now both of its co-founders have quit and it is grappling to rebound from alarming mishaps. Cruise was once one of the bright spots in the tenure of GM CEO Mary Barra. Now both of its co-founders have quit and it is grappling to rebound from alarming mishaps. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink…

Cruise, the self-driving vehicle unit of General Motors, has issued a voluntary software recall after California regulators suspended the company’s license to operate in the state following an accident that left a woman severely injured.The recall of 950 vehicles will address a software problem in the car’s response to collisions, Cruise said in a report submitted to federal regulators. Depending on the circumstances of an accident, driverless Cruise cars will either pull over out of traffic following a collision or in…

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Most S&P 500 companies said their median worker was paid more in 2022, and about 100 of them said the pay rose at least 10%. Most S&P 500 companies said their median worker was paid more in 2022, and about 100 of them said the pay rose at least 10%. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful…

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