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An explosive device found in a vehicle linked to one of the alleged attackers in Bondi shooting has been secured and removed according to Police. The ...
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.
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Turkish President Recep Tayyip Erdoğan reiterated his offer to host Ukraine-Russia peace talks in Ankara, at his meeting with Russian President Vladimir Putin. The talks took place on the sidelines of the international Forum for Peace and Trust in Ashgabat, Turkmenistan, on Friday (12 December).
Iranian authorities have seized a foreign tanker carrying more than 6 million litres of smuggled fuel in the Sea of Oman, detaining all 18 crew members on board.
An explosive device found in a vehicle linked to one of the alleged attackers in Bondi shooting has been secured and removed according to Police. The incident left 12 people dead.
Russian forces struck Ukraine’s southern port city of Odesa for a second consecutive day on Saturday (13 December), deploying Kinzhal hypersonic missiles for the first time in the conflict, Ukrainian authorities said.
U.S. stock markets closed lower at the end of the week, as investors continued to rotate out of technology shares, putting pressure on major indices.
The U.S. Federal Reserve’s Federal Open Market Committee (FOMC) cut its benchmark interest rate by 25 basis points to a range of 3.50% to 3.75% following its two-day policy meeting, according to an official statement issued on Wednesday, 10 December.
China has carried out a major test of a new “super wireless” rail convoy, a technology that could reshape the future of heavy-haul transport.
Paramount Skydance (PSKY.O) has launched a $108.4 billion hostile takeover bid for Warner Bros Discovery (WBD.O). The escalation follows a high-stakes battle that had appeared to end last week when Netflix secured a $72 billion deal for the studio giant’s assets.
U.S. industrial production rose by 0.1% in September, rebounding after a decline in August, while capacity utilisation remained unchanged, according to Federal Reserve data on Wednesday.
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