Tesla has settled with a former employee that it sued for downloading data related to its Autopilot feature, Reuters has reported. Tesla filed the lawsuit against Cao Guangzhi back in 2019, accusing its former engineer of copying data to an iCloud account and taking it to his new employer, China’s XMotors (owned by Xpeng). Cao…
Tag: Tesla
Tesla will halt Model S and X production for 18 days
Tesla is understood to have shut down its PR department and no longer responds to requests for comment.A demand shortfall wouldn’t be a complete surprise. Production of more affordable EVs outstripped the luxury vehicles a long time ago. Tesla delivered just 15,200 Model S and X units in the third quarter of 2020 out of…
If Tesla Was A Soufflé, It Would’ve Already Collapsed
Elon Musk sounds worried, but he doesn’t need to be, at this point. | Source: REUTERS/Hannibal Hanschke/Pool Elon Musk has warned Tesla employees about risks to their stock price. Likening TSLA to a soufflé, Musk fears a “sledgehammer” should their future profits come into question. Tesla stock fell 4% at the open of trade on…