Category: Policy

AutomotiveEnergyPolicy

Tesla Q3 Results Driven by Expiring EV Credits as Investors Eye Margin Pressure and Robotaxi Plans

Tesla is reportedly poised for strong third-quarter results fueled by U.S. buyers rushing to secure expiring federal EV tax credits. Analysts suggest investor attention will focus on margin pressures from new cheaper models and updates on Elon Musk’s robotaxi ambitions, which are central to Tesla’s future growth strategy.

Tax Credit Deadline Drives Tesla Sales Surge

Tesla is expected to post significantly stronger third-quarter results, according to Reuters reports, as American consumers rushed to purchase electric vehicles before the expiration of a $7,500 federal tax credit. The anticipated performance boost comes as the automaker navigates increasing competitive pressures and shifting consumer preferences in key global markets.

by Nathan Cole
AIInnovationPolicy

Tech Leaders and Celebrities Unite in Call for Superintelligent AI Moratorium

An unlikely coalition of technology pioneers, business leaders, and public figures has called for a prohibition on superintelligent AI development. The statement warns of potential human extinction risks and demands scientific consensus before proceeding. Critics argue the concerns may be premature while supporters insist safety measures are essential.

Unprecedented Coalition Demands AI Development Pause

An extraordinary alliance of technology pioneers, business leaders, and prominent public figures has joined forces to call for a ban on developing artificial intelligence systems that could surpass human intelligence, according to reports from the Future of Life Institute. The diverse coalition includes Prince Harry, former Trump strategist Steve Bannon, musician will.i.am, and Apple cofounder Steve Wozniak, representing an unusually broad spectrum of political and professional backgrounds united by shared concerns about advanced AI risks.

by Nathan Cole
EnergyPolicySustainability

Global Coal Consumption Reaches All-Time High Despite Renewable Energy Boom

Global coal consumption reached unprecedented levels in 2024 despite exponential growth in renewable energy, according to a comprehensive climate assessment. The report indicates countries are falling dangerously behind emissions reduction targets needed to limit global warming to 1.5°C.

Record Coal Use Threatens Climate Goals

Global coal consumption reached a record high in 2024 despite significant growth in renewable energy sources, according to the annual State of Climate Action report published Wednesday. The findings indicate that countries are falling dangerously behind their emissions reduction targets, threatening international efforts to limit global warming to 1.5°C above pre-industrial levels as outlined in the Paris Agreement.

by Elisa Romero