Lifeboat Foundation

Surf Air Mobility Inc., a Southern California aerospace company devoted to developing regional air travel through the power of electrification, has placed an order for 20 Cessna Grand Caravan EX aircraft.

The Cessna Grand Caravan EX is designed and manufactured by Textron Aviation, a Textron Inc. (NYSE: TXT) company.

According to Textron, Surf Air Mobility has paid the deposit for the first of 100 aircraft with the option for an additional 50. The deliveries of the aircraft are expected to begin in the first half of 2024.

The automotive industry as a whole is experiencing a significant transformation driven by artificial intelligence. AI tech is increasingly integrated into vehicles to enhance safety, efficiency, and the overall driving experience. From advanced driver-assistance systems (ADAS) that provide features like adaptive cruise control and lane-keeping assist to autonomous driving capabilities, AI is at the forefront of automotive innovation. Now, BMW has found yet another way to implement the new tech.

The German manufacturer wants to take the next step in customer service with its latest offering, Proactive Care that blends data and artificial intelligence. This new service empowers BMW vehicles to autonomously identify existing and predictable service requirements, enabling them to proactively anticipate customer needs and offer timely solutions. The initial applications are now live and the automaker plans continuous enhancements for the future.

The European Commission will launch an anti-subsidy investigation against Chinese automakers, which may result in higher import duties on electric vehicles.

The boom has finally been lowered on Chinese electric-vehicle companies. On September 13, European Commission president Ursula von der Leyen used her State of the Union speech to announce that the organization is launching an “anti-subsidy investigation into electric vehicles coming from China.”

The move—which could have serious ramifications for global automakers—has long been in the making.

Tesla is reportedly increasing the orders for its Dojo D1 supercomputer chips. The D1 is a custom Tesla application-specific integrated circuit (ASIC) that’s designed for the Dojo supercomputer, and it is reportedly ordered from Taiwan Semiconductor Manufacturing Company (TSMC).

Citing a source reportedly familiar with the matter, Taiwanese publication Economic Daily noted that Tesla will be doubling its Dojo D1 chip to 10,000 units for the coming year. Considering the Dojo supercomputer’s scalability, expectations are high that the volume of D1 chip orders from TSMC will continue to increase until 2025.

Dojo, after all, is expected to be used by Tesla for the training of its driver-assist systems and self-driving AI models. With the rollout of projects like FSD, the dedicated robotaxi, and Optimus, Dojo’s contributions to the company’s operations would likely be more substantial.

Tesla TSLA CEO Elon Musk responded positively to a social media post when a user’s spouse approved of Tesla’s Full Self-Driving (FSD) feature.

What Happened: Matt Smith, an Equity Analysis at Halter Ferguson, posted about his wife’s newfound approval of Tesla Inc.’s FSD feature during a 40-minute drive. Musk responded to the post with “Great story”.

See Also: Elon Musk Warned, ‘We’re Running Out Of Dead Dinosaurs, And Betting Against Science Is the Dumbest Experiment In History’ Amid One Of The Biggest Challenges The World Has Ever Faced.

Tesla has been given a vote of confidence by one of the world’s wealthiest men who believes the company’s valuation could grow four to five times between now and 2030.

Investor Ron Baron was speaking to CNBC about Walter Issacson’s new biography of Elon Musk, as Business Insider summarized, and Baron discussed the stock market potential of Musk’s electric vehicle company, Tesla, among other things.

“I think Tesla in the next seven years will be about four or five times as big as it is right now in the stock market,” Baron said. “In the funds that I manage, I’ve been maxed out.”

Mercedes-Benz is using digital twins for production with help from NVIDIA Omniverse, a platform for developing Universal Scene Description (OpenUSD) applications to design, collaborate, plan and operate manufacturing and assembly facilities.

Mercedes-Benz’s new production techniques will bring its next-generation vehicle portfolio into its manufacturing facilities operating in Rastatt, Germany; Kecskemét, Hungary; and Beijing, China — and offer a blueprint for its more than 30 factories worldwide. This “Digital First” approach enhances efficiency, avoids defects and saves time, marking a step-change in the flexibility, resilience and intelligence of the Mercedes-Benz MO360 production system.

The digital twin in production helps ensure Mercedes-Benz assembly lines can be retooled, configured and optimized in physically accurate simulations first. The new assembly lines in the Kecskemét plant will enable production of vehicles based on the newly launched Mercedes Modular Architecture that are developed virtually using digital twins in Omniverse.

In an interview this year, Tosca Musk, entrepreneur and sister of Tesla Inc. and SpaceX CEO, Elon Musk, shed light on the unexpected burdens that come with her famous last name. While speaking to the Daily Mail, Tosca discussed the misconceptions and financial pressures she faces because of her sibling’s astronomical wealth. She is the younger sister of the richest man in the world who has a net worth of around $230 billion, according to Forbes.

Tosca, renowned for her role as founder of the streaming service and production company Passionflix, shared a particular incident that highlighted these issues. She revealed that when she sought to secure a location for her ventures, she was initially quoted $5,000 per day. As soon as her identity was recognized, the rate mysteriously skyrocketed to $25,000. Musk expressed her frustration, stating that such assumptions were hardly equitable.

Jaguar announced that it has signed a deal with Tesla to get access to the Supercharger network. The British automaker also agreed to adopt the Tesla-designed NACS connector in North America.

The NACS domino effect has been in full force for the past few months.

After Ford and GM announced that they will be adopting Tesla’s newly opened and renamed connector standard, NACS, other automakers have been rushing to make deals with Tesla to access the Supercharger network as part of a transition to the new connector.