Tesla

Tesla’s 4th quarter deliveries consistent with projections

Tesla’s 4th quarter deliveries consistent with projections

Tesla has beaten its own record by delivering 17,400 vehicles in the fourth quarter. In the last quarter of 2015, Tesla has delivered the aforementioned number of vehicles for a total of 50,580 deliveries in 2015, which means it has beaten the previous quarterly record by around 48% and is 75% more than the last quarter of 2014.

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Tesla to Get Tax Incentive Benefit of $39 Million: California State Treasurer John Chiang

Tesla to Get Tax Incentive Benefit of $39 Million, said California State Treasurer John Chiang

California State Treasurer John Chiang said on Tuesday that Tesla motors, an American automotive and energy storage company, will get $39 million in sales tax incentives. The move marks as a new round of government subsidies for a company that has become expert at using those incentives to grow the business.

These tax incentives benefit advanced manufacturing and companies that are associated with altering of energy. Space Exploration Technologies Corp., or SpaceX, run by Elon Musk was also awarded an estimated $30.3 million from the initiative earlier this year.

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Tech Giants Join Hands to Donate $1 Billion to AI Non-Profit

Tech Giants Join Hands to Donate $1 Billion to a Non-Profit

Some famous tech giants have collaborated to give $1 billion to a non-profit called Open AI and Artificial Intelligence research group. The main aim of the research group is to ‘advance digital intelligence’ to a point at which it can help humans.

SpaceX and Tesla CEO Elon Musk in a joint effort with Y Combinator president Sam Altman, LinkedIn co-founder Reid Hoffman, and Musk’s PayPal co-founder Peter Thiel, hope that this donation will help Open AI to function freely without worrying about generating a financial return.

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