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Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

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Shark Tank's Kevin O'Leary says if he were 25 today, he'd chase these two booming opportunities in the world of AI

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Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs

1

Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

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Shark Tank's Kevin O'Leary says if he were 25 today, he'd chase these two booming opportunities in the world of AI

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Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs
Tech

Elon Musk Postpones Tesla Announcement

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Michelle Toh
Michelle Toh
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By
Michelle Toh
Michelle Toh
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October 17, 2016, 5:06 AM ET
Telsa CEO Elon Musk Unveils New Vehicle
HAWTHORNE CA - OCTOBER 09: Elon Musk, CEO of Tesla, unveils the dual engine chassis of the new Tesla 'D' model at the Hawthorne Airport October 09, 2014 in Hawthorne, California. The 'D' is the faster and all-wheel-drive version of the Model S electric sedan, capable of accelerating to 60 miles per hour in just over 3 seconds. (Photo by Kevork Djansezian/Getty Images)Photograph by Kevork Djansezian—Getty Images
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Tesla Motors’ big reveal won’t be happening for a couple more days.

Chief Executive Elon Musk said on Twitter Sunday that he was postponing the company’s Monday announcement to Wednesday, adding that the mysterious project “needs a few more days of refinement” before going public.

Tesla has not given any hints on what it’s disclosing. Analysts have speculated that the electric carmaker’s next event will center on a new iteration of Autopilot, the cars’ semi-autonomous driving feature which can be used in certain conditions, or provide a look at Tesla’s upcoming Model 3 sedan or a Model Y crossover vehicle rumored to be in the works, according to USA Today.

Moving the Tesla announcement to Wednesday. Needs a few more days of refinement.

— Elon Musk (@elonmusk) October 16, 2016

Autopilot, introduced in Tesla’s cars one year ago, has been widely scrutinized after a number of accidents involving drivers said to be using the technology. This summer, a man who was killed in a collision in Florida prompted the National Highway Traffic Safety Administration to start investigating the system, according to Reuters.

In August, a driver from another crash in China said Tesla’s sales staff had oversold the vehicle’s capabilities by describing autopilot mode as “self-driving.” In that accident, Tesla said it had confirmed that the car had been using autopilot, but that the driver’s hands were not detected on the steering wheel, which the company has emphasized is still required at all times.

On Sunday, German transport officials said they had written to Tesla to request they “no longer use the misleading term Autopilot for the driver assistance system of the car,” Reuters reported.

The carmaker last month dispatched an autopilot update that Musk said likely would have helped prevent the fatality in Florida, including restrictions on hand-off driving.

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