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Tesla’s new development plan centers around mysteriously cheaper models

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Tesla goes through some major changes, and now we all know why: the corporate says it’s changing its product roadmap because of “pressure” on electric vehicle sales.

The new accelerated plan now includes “lower-cost models” that the corporate says will probably be launched next 12 months. Or if Tesla CEO Elon Musk is to be believed – and that is a protracted bet given his track record on the schedule – possibly as early as late 2024.

The shocking announcement sent the corporate’s shares soaring greater than 11% in after-hours trading on Tuesday. The price didn’t drop whilst Musk and other Tesla executives declined to share further details on a call with investors.

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All this comes after a bomb report in early April, Reuters claimed that Tesla had abandoned work on a next-generation low-cost automotive. This next-generation automotive was expected to be built on the identical EV platform that Tesla is developing for its rumored robotaxi vehicle. Tesla said this next-generation automotive could arrive as early as late 2025.

While Musk recklessly claimed that Reuters was “lying,” they each Electric AND Bloomberg News have since reported that the development of this particular electric vehicle has been delayed or the corporate has missed the push. Musk has since posted on the social media site X that Tesla will unveil the robotaxi on August 8.

Tesla provided this update in its unimpressive first quarter earnings report, which showed a 55% year-over-year decline in profits. The company said in a report that it has “updated (its) future vehicle lineup to accelerate the launch of new models ahead of the previously announced production start in the second half of 2025.” The new vehicle lineup includes “more affordable models,” the corporate said.

These new offerings, nevertheless, are usually not woven together. Tesla says it’ll construct these vehicles on existing production lines and that they’ll “leverage aspects” of the next-generation platform it’s developing, “as well as aspects of our current platforms.”

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Bloomberg News reported earlier this week what Tesla was working on new versions of Model Y and Model 3 which borrowed technology and processes from the next-generation electric vehicle, with a specific deal with the Model Y.

Tesla investors may have to attend to learn more.

During the conversation with investors, Musk addressed the query of what the motion plan for Tesla’s new product actually is. “We’ll talk about it on August 8,” he said, referring to the event Tesla has planned to showcase its robotaxi, which it calls the “Cybercab.”

Asked about an analogous query later within the conversation, Musk said: “I think we’ve said everything we wanted to on this matter.”

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Tesla Vice President Lars Moravy said the new platform carries “some risk” and that Tesla could leverage “all of the subsystems” which are being developed for it, reminiscent of powertrains, drive units, in addition to improvements in manufacturing and automation, thermal systems, seats” and more. “All of this is transferable, and that’s what we’re doing — we’re trying to incorporate it into new products as quickly as possible,” he said. “This engineering work – we’re not trying to just throw it away and put it in a coffin.”

Cost versus growth

Tesla has worked to cut back the associated fee of manufacturing its next-generation electric vehicle by 50% in comparison with the platform that underpins the Model 3 and Model Y.

The company admitted Tuesday that it’ll lose some savings by switching to a technique of mixing next-generation technologies and processes with existing platforms and production lines.

According to Tesla, the advantage is height. The company says it might probably double its 2023 production (which was about 1.8 million vehicles) by 2025. And while it won’t save that much on automotive costs, it won’t must construct new production lines to provide these mysterious new vehicles either. The company has already slowed work on a new factory in Mexico, where it originally planned to begin producing next-generation electric vehicles and robotxi.

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Of course, Tesla has said for years that it expected to attain 50% annual growth, on average, over several years, and has consistently failed to fulfill that goal. As the corporate warns, this 12 months it’ll grow at a “significantly lower” rate.

There are other challenges as well. Tesla says it might probably launch a new product line after shedding an enormous variety of employees from its global workforce – although Musk said on Tuesday that the corporate is “not cutting out anything significant that I’m aware of.”

“We have just had a long period of prosperity from 2019 to now,” Musk said on the decision. “We have made some adjustments along the way, but it is time to reorganize the company for the next phase of growth.”

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This article was originally published on : techcrunch.com

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Uber customers can now earn Delta Skylile from rides or deliveries

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Members of Delta Skys within the United States can now start earning points after they go along with Uber or order via Uber Eats as a part of the recently announced exclusive partnership between each corporations.

The reference to Delta was designed to further adapt the large riding at airports, which was historically a lucrative segment for Uber. The riding company also announced on Tuesday plans to expand the brand new product to the airport at a reasonable price to Atlanta at successful launch in New York.

The game at Uber airport appears at a time when market uncertainty, lower consumer trust and increased borders control lead many Americans to Reverse expenditure on travel This 12 months.

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Perhaps such uncertainty signifies that now, greater than ever, customers given prices must find ways to play the system. Uber customers who joined the waiting list will have the option to attach their accounts from Tuesday and everybody else can start Thursday.

Here’s how Uber users with memberships of Delta Skyles can accumulate miles after connecting their accounts:

  • Uber Je: 1 mile per dollar spent on orders over USD 40.
  • Airport rides: 1 mile per dollar spent on Uberx rides on the airports.
  • Premium rides: 2 miles for dollar spent on Uber Comfort or Uber Black.
  • Uber Reserve: 3 miles for a dollar spent on Ubers reserved prematurely.

Uberr, riders cannot arrange miles by booking on the airport, but Uber spokesman said that the shopper would get skymes from a journey, which supplies the best prize.

In addition to the flexibility to get miles, Uber and Delta, they integrate in other ways. Customers who buy a flight using the Fly Delta application will have the option to cope with Uber reserve reservation in order that they can reserve a ride to the airport airport. And this 12 months, Skymile members who log in to Wi -Ifi during their flights will receive a 30% discount on reserving Uber for pickup after they land.

(Tagstotransate) delta

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Palantir Exec defends work in the company’s immigration supervision

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One of the founders of the Y startup accelerator Y Combinator offered this weekend the Palantir Data Analytical Company that doesn’t describe the controversial analytical company, running the company’s director to supply a broad defense of Palantir’s work.

Then it appeared forward federal applications He showed that American immigration and customs enforcement (ICE) – the task of conducting the aggressive strategy of the deportation of the Trump administration – pays Palantir $ 30 million for creating What does this call the immigration system operating systemSo immigration to assist ICE resolve who to direct to the deportation, and likewise offer “real -time visibility” in self -complacency.

Y founding father of Combinator Paul Graham divided the headlines about the Palantir contract on the subject of XWriting: “It is now a very exciting time in technology. If you are a first -rate programmer, there is a huge number of other places where you can work, and not in a company building infrastructure of a police state.”

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In response, the global business head of Palantir Ted Mabrey wrote that “he is looking forward to the next set of employees who decided to submit a request to Palantir after reading your post.”

Mabrey didn’t discuss the details of the current work of Palantir with ice, but said that the company began cooperation with the Internal Security Department (in accordance with which ICE works) “in an immediate response to the assassination of agent Jaime Zapata by Zetas in an effort called Fallen Hero surgery. “

“When people live because of what you built and others were not alive, because what you built was not good enough yet, you develop a completely different view on the meaning of your work,” said Mabrey.

He also compared Graham’s criticism with protests on the Google Maven project in 2018, which ultimately prompted the company to stop the work of drone photos for the army. (Google then signaled that he again became more open to defense works.)

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Mabrey called everyone interested in working for Palantir to read the latest book CEO Alexander Karp “The Technological Republic”, which claims that the software industry must rebuild its relationship with the government. (The company was Recruitment at university campus With signs declaring that “the moment of counting arrived west”)

“We employ believers,” Mabrey continued. “Not in the sense of the homogeneity of religion, but in the internal ability to imagine in something greater than you

Graham then Pressed Mabrey “To publicly commit himself on behalf of Palantir, so as not to build things that help the government violate the US constitution,” although he confirmed in one other post that such a commitment “would not have legal force.”

“However, I hope that if (they make a commitment) and a Palantir’s employee is one day asked to do something illegal, he will say” I didn’t join for it “and refused,” wrote Graham.

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Mabrey in turn compared Graham’s query In order for “or” you promise to stop beating a trick in court, but he added that the company “has made so many ways from Sunday”, ranging from the commitment to “3,500 thoughtful people who polish only because they believe that they make the world a better place every day because they see their first hand.”

(Tagstotransate) palantir

This article was originally published on : techcrunch.com
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Congress has questions about 23andme bankruptcy

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Low-angle view of logo on facade of personal genomics company 23AndMe in the Silicon Valley town of Mountain View, California, October 28, 2018. (Photo by Smith Collection/Gado/Getty Images)

3 The leaders of the Energy and Trade Committee said that they’re investigating how 23ndme’s bankruptcy can affect customer data.

Representatives of Brett Guthrie, Gus Biliakis and Gary Palmer (all Republicans) He sent a letter On Thursday, Joe Selsavage, Joe Selsavage, ask a variety of questions about how 23andme will serve customer data if the corporate is sold.

The letter also says that some customers have reported problems with deleting their data from the 23ndme website, and notes that corporations directly for consumption, reminiscent of 23andme, are generally not protected by the Act on the portability and accountability of medical insurance (Hipaa).

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“Considering the lack of HIPAA protection, a patchwork of state regulations covering genetic privacy and uncertainty related to customer information in the case of transmitting the sale of company or clients data, we are afraid that this best -confidential information is threatened with a player,” representatives write.

23andme, which has decided to violate data For $ 30 million last 12 months, he applied for bankruptcy in Chapter 11 in March, and the co -founder and general director Anne Wojciki said he was resigning from the corporate’s private bidder.

(Tagstotransate) 23andme

This article was originally published on : techcrunch.com
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