Hot Wheels is now accepting pre-orders for a remote-controlled Tesla Cybertruck – Blog – 10 minute

In brief: Tesla’s futuristic Cybertruck will soon be available to drivers of any age. Hot Wheels parent company Mattel on Friday launched pre-orders for remote-controlled versions of Tesla’s Cybertruck in two sizes.
To craft the RCs, the Hot Wheels team met with Cybertruck chief designer Franz von Holzhausen. They studied the real-life Cybertruck from every angle and even made three-dimensional models of the truck’s exoskeleton to ensure that no details were glossed over. Even the interior is getting the Hot Wheels treatment.
The 1:10 scale model features all-wheel drive, “chill” and “sport” modes, functional headlights and taillights, a manually operated tonneau cover and a manually operated telescopic tailgate / loading ramp. It packs a 9.9V, 3300mAh rechargeable battery.

The best part of the whole thing, however, is the promo video. At the end, we see a Skeletor action figure throwing a ball bearing at the Cybertruck’s windows, a recreation of the failed on-stage demo from a few months back. The larger of the two even includes a “reusable cracked window vinyl sticker.” If nothing else, at least Tesla executives have a sense of humor.
A track-compatible 1:64 scale version of the iconic pickup will command just $20 while a hobby grade 1:10 scale variant is priced at $400. Both are expected to ship in December 2020.

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Regulate all companies developing AI, including Tesla, says Elon Musk- Tempemail – Blog – 10 minute

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Elon Musk has called for regulating all companies, including Tesla, which are working in the field of developing advanced Artificial Intelligence (AI). Responding to an article about independent research lab OpenAI by MIT Technology Review, Musk tweeted: “OpenAI should be more open in my opinion. All orgs developing advanced AI should be regulated, including Tesla.”
According to the report on Tuesday, OpenAI which was co-founded by Musk has shifted from its mission of developing AI safely into becoming a company that is obsessed with image and driven to raise more money.
Musk, who is a staunch critic of AI, stepped down from OpenAI’s board in 2018.
San Francisco-based OpenAI — now in the lap of Microsoft CEO Satya Nadella — is aiming to extend the benefits of Artificial General Intelligence (AGI) to humanity.
For OpenAI, a safe and beneficial AGI means highly autonomous systems that outperform humans at most economically valuable work which is the next step for AI with “widely distributed economic benefits”.
The start-up with 100 people on board is building free software for training, benchmarking and experimenting with AI.
Nadella who sees a greater role of AI for humanity will invest $1 billion in the next few years in OpenAI to support it build “democratised AGI” models.
OpenAI would develop a hardware and software platform within Microsoft Azure Cloud platform which will scale to AGI. The start-up would also jointly develop new Azure AI supercomputing technologies, further extending Microsoft Azure’s capabilities in large-scale AI systems.
OpenAI’s investors include Reid Hoffman’s charitable foundation and Khosla Ventures. The start-up has created “MuseNet” — a deep neural network that can generate four-minute musical compositions with 10 different instruments, and can combine styles from country to Mozart to the Beatles.
It also created a bot which beat the world as top professionals at 1v1 matches of “Dota 2” competition. The bot learned the game from scratch by self-play, and does not use imitation learning or tree search.
“This is a step towards building AI systems which accomplish well-defined goals in messy, complicated situations involving real humans,” said OpenAI.

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Researchers show how to trick a Tesla into speeding using a piece of tape – Blog – 10 minute

Why it matters: While many modern vehicles contain incredibly advanced technology, it’s not infallible. The MobilEye EyeQ3 camera system installed on certain Tesla models, for example, can be tricked into accelerating the car up to 50 mph over the speed limit using a simple piece of tape.
McAfee researchers Steve Povolny and Shivangee Trivedi fooled the system by placing a slither of black tape over part of a 35mph sign to extend the middle line of the ‘3.’ It meant the cameras in Tesla’s 2016 Model S and Model X cars read the sign as 85 mph, causing the cruise control to accelerate toward 50 mph over the 35mph limit.

The MobilEye cameras can read speed limit signs and adjust the speed of the autonomous driving system accordingly. McAfee disclosed the research to Tesla and MobilEye last year, but the automaker said it would not be fixing hardware problems on that generation of vehicles, while MobilEye told MIT Tech Review that the sign could have been misread by a human and said the camera hadn’t been designed specifically for fully autonomous driving.

A 3 or an 8? Some car cameras can’t tell the difference
Only early Tesla models equipped with the Tesla hardware pack 1 and MobilEye version EyeQ3 were fooled by the trick. Newer Tesla vehicles use proprietary cameras, and MobilEye’s more recent version of the camera system was not susceptible.
“The newest models of Tesla vehicles do not implement MobilEye technology any longer and do not currently appear to support traffic sign recognition at all,” said Povolny.
The researchers said the number of 2016 Teslas on the roads meant their discovery was still a concern. “The vulnerable version of the camera continues to account for a sizeable installation base among Tesla vehicles,” added Povolny. “We are not trying to spread fear and say that if you drive this car, it will accelerate into through a barrier, or to sensationalize it. The reason we are doing this research is we’re really trying to raise awareness for both consumers and vendors of the types of flaws that are possible.”
Tesla’s Autopilot feature was found to have been activated during several fatal crashes, leading to Tesla reiterating that despite the somewhat misleading name, Autopilot is not meant to make the car fully autonomous, and drivers must keep their hands on the wheel at all times.
Main image credit: Angelus_Svetlana via Shutterstock

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Elon Musk: Advanced AI development should be regulated, including Tesla – Blog – 10 minute

Why it matters: While many companies are scrambling to infuse AI into every industry, Elon Musk is once again floating the idea that we need more government oversight of AI development. His comments come in response to a profile of OpenAI, a company that’s ironically among the least open and transparent about its work.
During the World Artificial Intelligence Conference in Shanghai last year, Elon Musk expressed both his enthusiasm with regards to the potential rewards of AI, as well as concerns about the risks of using it before we get a chance to understand it better.
Musk is also one of the co-founders of OpenAI, one of the leading companies in the field and on a quest to develop the world’s first artificial general intelligence (AGI). The company claims it can deliver a machine with the reasoning capabilities of a human being, while keeping the whole process transparent and putting safety as a top priority.

It’s not a secret that Elon Musk is one of the biggest critics of AI tech, but he’s also worried that OpenAI won’t be able to keep all of its promises. Soon after MIT Technology Review published a report on the culture of secrecy the company has adopted, Musk took aim at Dario Amodei – a former Google engineer that is now leading OpenAI’s efforts – noting that he can’t be trusted to prioritize safety.
The Tesla CEO noted that all companies doing advanced AI development should be regulated by governments and the UN, Tesla included. Musk officially left OpenAI in February 2019, which has since shifted its focus towards proprietary technology and playing with its public image to secure more funding from investors.
In 2019, OpenAI enlisted Microsoft as their “preferred partner,” which is pouring $1 billion and a chunk of its vast Azure infrastructure into AGI development. The worrying aspect is that OpenAI has been transitioning from a non-profit to something that more closely resembles a profit-driven organization that’s willing to license pre-AGI (sub-human level artificial intelligence) to third parties. This doesn’t align well with their public image and officially-stated mission of “enacting the path to safe artificial intelligence.”
In the meantime, Elon Musk has founded Neuralink to work on a different approach that would instead create symbiosis between man and machine, one step at a time.

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German court orders Tesla to stop cutting down trees for its latest Berlin Gigafactory – Blog – 10 minute

What just happened? After a lower court ruled last week in Tesla’s favor, allowing the company to clear forest land for its Gigafactory in Grünheide, Berlin, a local environmental group appealed the decision in Germany’s higher administrative court of Berlin-Brandenburg on Sunday and got Tesla to temporarily halt groundwork for its manufacturing plant.
Back in November, Tesla announced plans for its fourth Gigafactory that would be built in Germany, making it the US automaker’s first European plant. While the decision was welcomed and celebrated by German officials, it seems that Berlin’s populace, particularly environmentalists in the city’s eastern municipality of Grünheide – where the factory will be built – aren’t on-board with the idea.
Reuters reports that a local environmentalist group, called the Green League Brandenburg, recently won an injunction from a German high court, calling for a temporary halt to Tesla’s preparatory work for its Gigafactory.
Following the decision, the court said that it ordered Tesla to stop cutting trees because the company would have completely cleared the site in three more days, after which hearing the complaint would have been futile. “It should not be assumed that the motion seeking legal protection brought by the Green League lacks any chance of succeeding,” added the court statement.

The plant requires 92 hectares of Grünheide’s cleared forest land, a site where seven World War II bombs were recently discovered
The complaint, along with hundreds of anti-Tesla protestors voiced concerns regarding threats to the area’s wildlife and water supply. Tesla, however, did announce countermeasures following the outcry and said that it would relocate “forest ants, reptiles and five bats” from the area, as well as hang 400 nesting boxes for birds, according to the German daily Tagesspiegel.
The court will also need to announce a final verdict soon and has sought a response from Tesla and local officials by tomorrow. The latter has warned of the wildlife’s breeding season, which begins next month, and could potentially delay Tesla’s Gigafactory construction by six to nine months if the company is unable to clear the site in time.
It’s also worth noting that Tesla faces stiff competition from Germany’s Big Three, who’ve been investing heavily in EV technology in recent years. The US automakers’ facility is scheduled to begin production sometime in 2021, starting with the Model Y crossover, and an aim to produce 500,000 cars annually with a 12,000 strong workforce.

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Tesla restores autopilot features it remotely disabled in second-hand car – Blog – 10 minute

A hot potato: Never underestimate the power of bad publicity. After Tesla removed driver assistance features from a second-hand Model S 75D following its purchase from a dealer, the company has restored the Enhanced Autopilot and Full Self Driving, blaming the incident on a “miscommunication.”
Last week brought news of an anonymous consumer who bought a 2017 Tesla on December 20 last year from a third-party dealer. Sold at auction, the car was listed with the driver assistance features, which cost around $8,000 when adding them to a new vehicle.
What the buyer didn’t know was that three days after Tesla sold the car to the dealer, it performed a remote audit and flagged the features for removal. It was only after the car was sold that Tesla pushed out a software update that disabled them. When the buyer contacted Tesla, they were told the car was “incorrectly configured for Autopilot versions that they did not pay for.” The company even offered to re-add the features for a price.
While there have been reports of similar incidents in the past, Tesla dealers insist that features wouldn’t be removed if they were listed as part of a second-hand car’s specs. Now, the buyer in this case has had them reinstated.

Writing on Tesla Motors Club forum (spotted by TNW), the buyer said they were contacted by a Tesla rep who “apologized for my troubles, told me that Tesla has restored all missed options.” The reason the features were disabled? A miscommunication, apparently.
While this case was resolved, other people who don’t get any media exposure could be experiencing the same problem. Hopefully, Tesla will learn from this incident.

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Tesla Might Plan To Raise $2 Bn In Stock Offering – Tempemail – Blog – 10 minute

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According to Reuters, Tesla Inc had made an about-turn on Thursday, while announcing its plans to raise $2 billion in a stock offering. This is when the electric car maker taps into an astronomical jump in its share price in the past months.
CEO Elon Musk assured investors repeatedly that Tesla would not need to raise money. Last month, Musk had said that it does’nt really make sense to raise money. He even said that diluting the company to pay down debt doesn’t sound like a wise move. Tesla said that it would offer 2.65 million shares, out of which, Musk would buy up to $10 million in shares. Oracle co-founder Larry Ellison, would purchase $1 million Tesla shares.
Tesla shares had fallen almost 7 percent, in premarket trading that had tripled since October, when the company had posted a rare quarterly profit. Talking of the market capitalisation, it’s now worth more than the combined value of General Motors and Ford Motor.

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Tesla driver in fatal crash had reported problems before with ‘Autopilot’ feature – Software- Tempemail – Blog – 10 minute

A Tesla driver killed in a March 2018 crash in California while using the Autopilot driver-assistance system had reported that on prior trips, the car had steered away from the highway, the Tempemail Transportation Safety Board (NTSB) disclosed in documents made public Tuesday.
Walter Huang, a 38-year-old Apple software engineer, was driving his Tesla Model X in Mountain View in autopilot mode at about 70 mph when it crashed into a safety barrier.
The NTSB said Huang had reported issues on prior trips with Autopilot steering the wheel toward an area between a highway ramp and the lane. It is a moving violation to cross into that section of the road, known as the “gore area.”
Data from the vehicle showed that in prior trips Huang had taken corrective action after Autopilot had steered toward the area.
The NTSB said in the fatal crash Huang’s hands were not detected on the steering wheel in the final six seconds before the crash. There was no evidence of braking or evasive action.
The NTSB, which also found evidence that the driver was using a smartphone during the trip, plans a February 25 hearing to determine the probable cause of the crash. Tesla did not immediately comment.
Tesla drivers say they are able to avoid holding the steering wheel for extended periods while using Autopilot, but the company advises drivers to keep their hands on the wheel and pay attention while using the system.
During the final 18-minute Autopilot segment of the trip, the system did not detect his hands on the wheel about one-third of the time and the system issued two visual alerts for hands-off driving operation and one auditory alert.
The NTSB said Huang had been using an Apple-owned iPhone during his trip and records show evidence of data transmissions.
Logs recovered with Apple’s assistance show a word building game application “Three Kingdoms” was active during Huang’s fatal trip.
The NTSB said “most players have both hands on the phone to support the device and manipulate game actions” but added the log data “does not provide enough information to ascertain whether the Tesla driver was holding the phone or how interactive he was with the game at the time of the crash.”
The NTSB, which previously criticised Tesla’s driver assistance system Autopilot after a 2016 fatal crash in Florida, said in September the system’s design permitted a “driver to disengage from the driving task” in an earlier California crash.
The NTSB also released documents in its probe into a third Tesla Autopilot fatal crash in March 2019 in Delray Beach, Florida that showed no evidence the driver’s hands were holding the steering wheel in the final 8 seconds.
The Tesla Model 3 driver failed to react before striking a semi truck, the NTSB said.

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Tesla remotely removes autopilot features from used Model S after it was sold – Blog – 10 minute

WTF?! If you’re considering buying a used Tesla with driver assistance features, make sure to check they’re still present after purchase. According to a new report, a person who bought a second-hand Model S 75D found the Enhanced Autopilot and Full Self Driving (FSD) had been removed remotely by Tesla as part of a software update.
Jalopnik details the case of a consumer who purchased a 2017 Tesla Model S on December 20 of last year from a third-party dealer. The car was sold at auction, where it was listed with the premium features, which cost a total of $8,000 when adding them to a new vehicle.
Tesla sold the car to the dealership on November 15, and on November 18, the company conducted an “audit” on the car remotely, which flagged Enhanced Autopilot and FSD for removal. After the Model S was bought, a software update was pushed out, disabling the features.
When the buyer contacted Tesla, they were told the car was “incorrectly configured for Autopilot versions that they did not pay for.” The same reason was given for the removal of FSD, though Tesla generously offered to re-add the features for a price.

Image credit: Jalopnik
The move has been compared to someone buying a second-hand car and the manufacturer removing adaptive cruise control or A/C options because the previous owner paid for them. And as Engadget notes, Tesla’s Terms of Use suggest the only feature tied to the user is Premium Connectivity, which can’t be transferred.
What’s especially strange is that when the buyer contacted a Tesla Used Vehicle Sales Advisor, they were told that if the features had been added, Tesla wouldn’t remove them, even though it had.
It seems this wasn’t an isolated incident, either. There are stories on Tesla’s message boards of people having similar experiences.
It’s been a busy few days for Tesla. The company’s stock has rallied 60 percent, and CEO Elon Musk has suggested the next gigafactory will be built in Texas.

Giga Texas?
— Elon Musk (@elonmusk) February 5, 2020

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Tesla tumbles 17 percent as electrifying rally loses power – Finance- Tempemail – Blog – 10 minute

Tesla’s stock tumbled 17 percent on Wednesday, hitting the brakes on a dramatic rally as a senior executive said the coronavirus outbreak in China would delay deliveries of its Model 3 cars and analysts warned of its high valuation.
With Tesla still up more than 25 percent since the company posted its second consecutive quarterly profit a week ago, Canaccord Genuity cut its rating on Tesla to “hold” from “buy,” further shrinking the already small number of analysts who recommend buying the stock.
Tesla vice president Tao Lin said on the Weibo social media platform that car deliveries from its new Shanghai plant would be temporarily delayed and that the company planned to restart production on Feb. 10.
The US$2 billion factory is a key part of chief executive Elon Musk’s plan to make more than half a million automobiles this year.
Needham analyst Rajvindra Gill, who recommends selling Tesla, warned in a report that Tesla’s stock is trading at extreme price-to-earnings multiples compared to many leading technology companies.
Even after Wednesday’s drop, Tesla is trading at about 55 times expected 2021 net income, compared to Amazon at 49, Apple at 22 and Alphabet at 23, according to Refinitiv data.
“We’ve never seen a stock rise that much that fast with such little regard to past fundamentals or track record,” Gill wrote.
Tesla last week said it expected a delay of up to a week and a half in the ramp-up of Model 3 production at the Shanghai plant after the Chinese government ordered it to shut the factory due to the outbreak.
The coronavirus outbreak has disrupted business across China, with the government there saying that the death toll had reached 490 as of Tuesday, up 65 from the previous day.
“Given the 3,000 per week China Model 3 production expectations in a country that remains on lockdown, we feel a reset of expectations in Q1 is likely and thus needs to be reflected in the valuation,” Canaccord analyst Jed Dorsheimer wrote in a report, leaving his price target unchanged at US$750 per share.
The stock was last down 17 percent at about US$738. Wednesday’s drop followed a sudden selloff in the final minutes of a rally on Tuesday that still left the stock up almost 14 percent in that session.
Tesla’s rally of over 300 percent since early June has been a vindication for Musk, who has transformed a niche car maker with production problems into the global leader in electric vehicles, with US and Chinese factories.
Still, many investors remain sceptical that Tesla can consistently deliver profit, cash flow and growth in the face of competition from established rivals including BMW and Volkswagen . Even many Tesla bulls question the stock’s valuation following its recent, electrifying surge.
Barclays analyst Brian Johnson maintained his “underweight” rating on Tesla while raising his price target to US$300 from US$200.
“We continue to believe TSLA is fundamentally overvalued – but nevertheless concede that the recent price action opens up the possibility of raising capital cheaply, and hence reduces that chance of a stalled business,” Johnson wrote in a client note.
Following Canaccord’s downgrade, nine analysts recommend buying Tesla’s stock, while 11 analysts are neutral and 15 analysts recommend selling, according to Refinitiv.
The median price target of analysts is US$390.

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