Iran rejects UN nuclear watchdog referral to Security Council
Iran has rejected as “irrelevant” a UN nuclear watchdog resolution referring its nuclear file to the UN Security Council, arguing that ...
Tesla CEO Elon Musk unveiled a futuristic robotaxi with gull-wing doors and no steering wheel or pedals, aiming for a 2026 production at under $30,000.
Tesla CEO Elon Musk unveiled a highly anticipated robotaxi, featuring two gull-wing doors and no steering wheel or pedals, during a flashy event on Thursday.
The robotaxi, dubbed "Cybercab," is expected to go into mass production by 2026 and be priced under $30,000. However, Musk did not provide specifics on how quickly production could scale or how Tesla plans to navigate regulatory challenges.
Analysts pointed out that establishing robotaxis, ensuring their safety, and dealing with complex driving conditions like bad weather and pedestrian behavior could take years.
Musk stated that autonomous vehicles could be significantly safer than human drivers, potentially lasting five to ten times longer. He remarked, "The autonomous future is here" and emphasized how autonomy allows people to reclaim their time.
Although Musk previously mentioned launching a self-driving Tesla taxi service through an app, he did not touch on that topic during the presentation. The event, titled "We, Robot," seemed to nod to Isaac Asimov’s "I, Robot" stories and reflected Musk’s belief that Tesla should be seen as an AI robotics company rather than just an automaker.
Musk explained that running the Cybercab would cost around 20 cents per mile, while the robovan would be even cheaper at 5 cents per mile. Charging would be wireless, eliminating the need for plugs. Tesla’s vehicles will rely on AI and cameras instead of hardware like lidar, which rivals use—a decision that experts say poses technical and regulatory challenges.
He also highlighted progress on Tesla’s humanoid robot, Optimus, which could eventually sell for $20,000 to $30,000 and perform everyday tasks.
The presentation, which was delayed due to a medical emergency, lasted less than 30 minutes and drew an audience of about four million on Musk’s X social platform. Some investors were left disappointed by the lack of concrete timelines, with one trader expressing dissatisfaction.
Four people were killed, including a child, in Ukrainian strikes on the Russian port city of Novorossiysk overnight, according to the governor of the Krasnodar region. Ukraine's drone forces commander, Robert Brovdi, said Russian military ships were destroyed in the attacks.
Wildfires have broken out in Türkiye’s Antalya province, forcing hundreds of people to evacuate as strong winds fuelled the flames.
A TV channel was struck during a live broadcast on Tuesday, Ukrainian President Volodymyr Zelenskyy said, as Russian strikes on Kyiv killed at least three people, the city's Mayor Vitali Klitschko said. Meanwhile, drones hit civilian infrastructure in Russia's southwestern Saratov region.
Overnight Iranian strikes on an air base in Jordan damaged multiple U.S. aircraft and left one without a wing, American media reported. Meanwhile, explosions were heard across parts of southern Iran according to local media reports.
U.S. Central Command (CENTCOM) said its forces destroyed five Iranian crude oil carriers after the Islamic Revolutionary Guard Corps (IRGC) allegedly launched two ballistic missile attacks against a U.S. Navy warship over the past two days.
Volkswagen’s supervisory board has approved a major overhaul aimed at cutting 100,000 jobs by 2030 as the German carmaker battles weaker sales, falling profits and intensifying global competition.
Chinese Premier Li Qiang has called on American companies to expand their presence in China and pledged that Beijing would address their "reasonable concerns," as China looks to stabilise trade ties with Washington ahead of President Xi Jinping's planned visit to the U.S. later this month
Apple is entering a new era as Tim Cook steps down as chief executive after 15 years at the helm, handing the technology giant's leadership to longtime executive John Ternus.
Volkswagen is heading towards a decisive showdown with labour representatives as Germany's largest carmaker weighs sweeping restructuring measures that could lead to factory closures and tens of thousands of job losses.
Online fast-fashion retailer Shein is seeking to raise up to $1.77 billion in a Hong Kong IPO after its valuation fell around 70 per cent from its private-market peak four years ago.
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