The European Union took the first formal steps against Elon Musk's X over allegedly breaking rules on how it handled illegal content and disinformation, in the first such probe of a major online platform since the bloc's Digital Services Act came into force this year.
Giddy Elon Musk unveils ‘faster than Porsche’ Cybertruck in Tesla's latest defiant bet
01.12.2023 - 04:47 / tech.hindustantimes.com
Tesla began customer deliveries of the Cybertruck on Thursday, bringing to fruition an Elon Musk passion project that the billionaire boasts is stronger than bullets and faster than a Porsche.
"It's very rare that a product comes along that is seemingly impossible... that experts said would never be made," a giddy Musk told a crowd at Tesla's Austin, Texas headquarters. "And this is one of those times."
The arrival of the angular truck, which has evoked the world of "Blade Runner" or "Mad Max," comes two years later than Musk's original time frame and at a starting price some $10,000 above the original target, owing to higher supply chain costs and manufacturing problems stemming from its iconoclastic design.
Analysts have called the Cybertruck a high-risk project compared with Tesla's other vehicles.
But Musk has shown a zealot's commitment to the project, which he said was probably the company's best, declaring, "Finally, the future will look like the future!"
The belated debut comes as other automakers have delayed capital investments due to sluggish demand for electric vehicles. Tesla itself has undertaken numerous price cuts on its other models, even as its share price has stayed lofty.
"Launching Cybertruck is important for the broader Tesla growth story over the coming years and also will prove to the doubters that Musk can successfully expand the Tesla halo effect as more consumers head down the EV path over the coming years," Wedbush Securities analyst Daniel Ives said in a note.
Thursday's event provided updated pricing for the vehicle, answering a key question of Wall Street and consumers.
A standard model, available in 2025, costs $49,000 while the "Cyberbeast" with greater horsepower and towing capacity is $96,390.
The prices include expected US tax credits and savings from eliminating gasoline purchases, according to Tesla's website.
The vehicle was originally announced with a starting price of $39,900 and first production in 2021.
In recent months, Musk has sought to limit expectations over the vehicle's commercial potential, warning in October it would be "incredibly difficult" to commercially scale the truck."
Musk caused a stir in November 2019 with the prototype of the Cybertruck, generating curiosity and buzz even if it wasn't universally loved.
After a brief presentation Thursday in which the Cybertruck was shown withstanding a barrage of bullets from a military weapon and successfully towing a 40,000-pound (18,140-kilogram) sled, Musk posed for pictures with smiling customers who drove off in their new trucks.
"This is really going to change the look of the roads," Musk said.
But the vehicle's unusual styling, which employs large flat plates of unbent stainless steel, poses challenges in
The website gametalkz.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
Top Authors
Popular Topics
wccftech.com
12.12.2023 / 15:23
Don’t Rely on Elizabeth Warren’s Poor Track Record: The Senator’s Anti-Bitcoin Bill Has a Real Chance of Getting Passed
This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy.
wccftech.com
12.12.2023 / 05:29
Gigabyte Unveils PCIe Network Expansion Card With Wi-Fi 7 & Bluetooth 5.3 Support
Gigabyte has finally launched a PCIe network expansion card, featuring support for the latest Wi-Fi 7 and Bluetooth 5.3 standards.
tech.hindustantimes.com
09.12.2023 / 17:13
5 things about AI you may have missed today: EU agrees on AI Act, Elon Musk to make Grok politically neutral, more
Today, December 9, has become a monumental day in the artificial intelligence space as a major regulatory hurdle was crossed. After more than a year spent in debates, protests, and discussions, Europe has finally reached a provisional deal on landmark European Union (EU) rules governing the use of AI, popularly known as the AI Act. In other news, a poster on X highlighted that Grok, the xAI chatbot, leans left libertarian politically, after which Elon Musk responded that immediate steps would be taken to ensure the political neutrality of the AI chatbot. This and more in today's AI roundup. Let us take a closer look.
tech.hindustantimes.com
08.12.2023 / 13:29
XAI owner Elon Musk launches Grok AI - Here are 10 things you need to know about this chatbot
For months, X (formerly Twitter) users have seen hilarious screenshots of Grok AI patiently, waiting for their turn to come. The generative artificial intelligence (AI) chatbot with humor and sarcasm is a product of xAI, an AI firm owned by Elon Musk. So far, it was in beta testing and only a select few verified X Premium Plus users, the highest tier of the subscription, had access. But now, Musk has announced the wider roll-out of the chatbot in the US to all X Premium Plus users, bringing the funny and “spicy” AI tool to the general public. With the launch announced, here are 10 things about Grok AI that you should know.
videogameschronicle.com
06.12.2023 / 13:13
The latest PS5 system update adds security fixes
The latest PlayStation 5 system software update is now available.
tech.hindustantimes.com
04.12.2023 / 04:47
PM Narendra Modi Shouldn’t Chase Elon Musk-led Tesla to Make in India
Elon Musk may be close to winning a long-running battle of wills with the Indian government led by PM Narendra Modi. Policy makers in New Delhi have been hoping to entice Tesla Inc. to produce electric vehicles in India. Musk, meanwhile, wants to sell his cars here without paying the exorbitant import tariffs that India charges.
tech.hindustantimes.com
02.12.2023 / 05:01
Bankruptcy looms: With outburst, Elon Musk puts the survival of X in the balance
Elon Musk's verbal assault on advertisers who have shunned X (formerly Twitter) threatens to sink the social network further, with the tycoon warning of the platform's demise, just one year after taking control.
tech.hindustantimes.com
02.12.2023 / 01:23
Walmart Is Latest Company to Stop Advertising on Musk’s X
Walmart Inc. has stopped advertising on the social media platform X, the latest major company to do so.
gamepur.com
01.12.2023 / 22:58
GTA 6 Trailer 1 Feels Bigger Than The Super Bowl Halftime Show
The time has finally come for Rockstar Games to unveil the next installment in the Grand Theft Auto franchise: GTA 6. With Trailer 1 being a mere days away, the anticipation feels greater than that of a Super Bowl halftime show.
blog.playstation.com
29.11.2023 / 15:13
The Gran Turismo World Series 2023 concludes in Barcelona starting Dec 1
The Gran Turismo World Series 2023 reaches its conclusion in Barcelona on 1-3 December.
tech.hindustantimes.com
29.11.2023 / 09:21
Not dead! X surpassed Instagram, Facebook in driving traffic via Google? Elon Musk reacts
The exodus of major advertisers from X (formerly Twitter), after it was revealed that ads were shown alongside antisemitic posts and other problematic content, resulted in a number of critics claiming that the platform may actually succumb due to a revenue crunch. Despite multiple posts suggesting otherwise by the owner and chief technical officer (CTO) Elon Musk, many have continued to make similar assertions even claiming that the continued political polarization may lead to users leaving in large numbers. Recently, a user posted a screenshot of data that highlighted that X gets more organic traffic through Google than competitors Instagram and Facebook which led to Musk reacting in a hilarious manner.