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By Usama Jawad96
Elon Musk denies demanding the CEO position from Apple's Tim Cook
by Usama Jawad
Recently, a story regarding Elon Musk demanding the position of Apple's CEO from Tim Cook has been making the rounds on the internet. The anecdote comes from The Wall Street Journal writer Tim Higgins' new book Power Play: Tesla, Elon Musk, and the Bet of the Century.
Higgins describes a telephonic conversation between the two executives where Cook suggested the buyout of Tesla by Apple. In exchange, Musk asked to be CEO, to which Cook reportedly agreed, thinking that the Tesla executive wanted to remain the CEO of his company. However, Musk then disclosed that he actually wanted to be made the CEO of Apple, to which Cook replied "F*ck you" and hung up the phone. Higgins says that the story was told by a former aide who heard Musk retelling it.
When asked about the exchange on Twitter, the Tesla executive denied that it ever took place, saying that:
When The Verge asked Apple to comment on the matter, the company also referred to an old interview where Cook had stated that he has never spoken to Musk. Meanwhile, Higgins has defended his writing, saying that Apple and Elon Musk were given opportunities to comment on the book prior to its publication, but both declined.
And while it may be unrelated, in a rather odd piece of timing, Elon Musk has declared his support for Epic Games in the company's ongoing legal battle against Apple, saying that the latter's App Store fees are a "de facto global tax on the Internet".
Tesla's "Big Battery" explodes causing big flames and smoke, warning out for locals
by Sayan Sen
via 7NEWS Melbourne (Twitter) A 13 tonne Lithium battery inside a container unit - that's part of one of Tesla's largest batteries ever deployed, dubbed the "Victorian Big Battery" - caught fire earlier today. The plant is located at Moorabool in the state of Victoria, Australia.
Fire Rescue Victoria (FRV), the fire-fighting organization of the state, was quick to respond in order to contain the breakout. Drones were also deployed to help with the monitoring. A Specialist Officer was sent to the scene to observe the condition of the air in and around the surroundings as well.
In fact, a warning has since been issued by VicEmergency in relation to the toxic smoke that's being emitted. VicEmergency is responsible for broadcasting emergency information and warnings.
The Victorian Big Battery was commissioned back in November 2020 by the Australian government in order to achieve the Victorian Renewable Energy Target (VRET) by 2030. This Megapack system at Geelong, Victoria, was planned for launch in summer 2021-22 which would then be able to deliver a promised 300MW / 450MWh of renewable power.
AMD's RDNA 2 technology will deliver 10 TFLOPS in Tesla cars for high-end gaming
by João Carrasqueira
AMD made some major announcements during its Computex keynote, including new laptop GPUs, new desktop APUs, and the long-awaited availability of FidelityFX Super Resolution, a technology similar to Nvidia's DLSS. But some announcements were mentioned so briefly they might have flown under the radar, like the fact that AMD GPUs are coming to Tesla's new Model S and Model X cars.
During its keynote, AMD said that the gaming system inside Tesla's electric vehicles will combine an AMD Ryzen Embedded APU for general compute tasks with an RDNA 2-based GPU for AAA gaming. Specifically, the company promised 10 TFLOPS of graphics processing power for the GPU inside the gaming system, which is almost on par with Sony's PlayStation 5 - though it's likely fair to expect CPU performance to be lower than that. Alleged performance details of this system were actually leaked earlier this year, but AMD didn't dive deep into them.
Unfortunately, it didn't mention any specific games you'll be able to play in your car though an image shown during the presentation showed The Witcher III: Wild Hunt on the vehicle's display. Even before this announcement, Tesla has already dipped its toes into gaming, with some titles already available, including popular games like Cuphead.
AMD also reiterated during the presentation that it's working with Samsung to bring RDNA 2-based graphics to the company's Exynos mobile chipsets. Samsung itself had confirmed this already, but AMD specifically mentioned support for ray tracing and variable rate shading during its presentation, which will be interesting to see. We should expect to hear more specific announcements from Samsung later this year.
Tesla stops taking Bitcoin for vehicle purchases after just 49 days
by Subir Kathuria
Tesla started accepting bitcoin in late March. But 49 days later, the company has had a change of heart.
Tesla CEO Elon Musk says it would resume accepting bitcoin when the process of mining bitcoin “transitions to more sustainable energy." The company is also “looking at other cryptocurrencies that use <1% of Bitcoin’s energy/transaction.”
Musk has also stated that Tesla will not sell any more of the $1.5 billion of bitcoin it purchased at the start of this year. Tesla sold some of that bitcoin in the first quarter of 2021, which was done primarily to help the company’s quarterly profit figures.
Just a day before the Tesla CEO had posted a poll on Twitter asking if people want Tesla to accept Dogecoin, in which over 78% of respondents said yes to adding the cryptocurrency as a means of payment on the Tesla website.
According to one estimate Bitcoin uses up as much electricity annually as the Netherlands. All that energy comes with a huge carbon footprint. And it's not easy to fix because the blockchain that the cryptocurrency is built on is purposely energy inefficient. That clashes with Tesla’s mission to “accelerate the world’s transition to sustainable energy.”
Musk has also hyped another cryptocurrency, Dogecoin. Musk has called Dogecoin, which was invented as a joke to satirize bitcoin, his favorite cryptocurrency and “the people’s crypto.” The cryptocurrency’s worth plunged after Musk called it a “hustle” on Saturday Night Live. Bitcoin’s value has similarly plunged about 8 percent after today’s Musk tweet according to Coindesk.
Elon Musk confirms that you can now use Bitcoin to buy a Tesla
by Anmol Mehrotra
Back in February, Tesla announced that it had made a $1.5 Billion investment into Bitcoin and is planning to add Bitcoin as a mode a payment. Now, the company has confirmed that customers can buy Tesla cars using Bitcoin.
Tesla CEO Elon Musk confirmed on Twitter that customers in the US can now book cars using Bitcoin. He further noted that the company plans to expand the ability to buy Tesla using Bitcoin to other countries later this year. Musk also confirmed that Tesla will operate the Bitcoin node directly and will not convert Bitcoin to fiat currency (like USD, EUR, etc).
Tesla has also published a FAQ page answering some of the basic questions regarding the announcement. The company has clarified that it will only accept Bitcoin and will not deal with other cryptocurrencies. According to the FAQ, once the customer initiates the transaction, a timer will begin, and the customer will have to complete the transaction before the timer ends or the transaction will expire. The timer is added to ensure that Tesla or the customer does not incur a loss due to price fluctuation especially during extreme volatility in the crytocurrency market. Tesla also recommends the customers to send the payment in one transaction to avoid any delays with the order.
Immediately after Elon's tweet, Bitcoin saw a spike in the price. Currently, Bitcoin is trading at $57,081, up 3.4% from yesterday's price of $54,350. Bitcoin has seen an increase in popularity recently with companies like Apple working with cryptocurrency companies to add support for cryptocurrency payments. PayPal, on the other hand, acquired Curv to improve its cryptocurrency expertise.
However, not everyone is excited about cryptocurrency boom as the Indian government is working on a new bill to penalise traders, miners, and digital asset holders.