power

11/18/24

Musk’s Trump bet is already paying off

Well, that was fast! A federal framework for fully self-driving vehicles is going to be a priority for the Transportation Department in President-elect Trump’s White House, according to Bloomberg. Trump isn’t even in office and yet it appears Tesla CEO Elon Musk’s big bet on him is already paying off.

Musk has said over and over again that the “value of Tesla overwhelmingly is autonomy,” so federal laws that allow it — rather than a patchwork of state laws that determine and often restrict the use of autonomous vehicles — are an obvious boon for the electric-car company.

“It’s incredibly painful to do it state by state for 50 states,” Musk said on the company’s latest earnings call. “There should be a natural approval process for autonomy.”

He also said Teslas would be able to drive themselves “next year.” Tesla’s stock was up over 6% premarket on the news.

Trump Team Said to Want to Ease US Rules for Self-Driving Cars

Trump Team Said to Want to Ease US Rules for Self-Driving Cars

Musk has said over and over again that the “value of Tesla overwhelmingly is autonomy,” so federal laws that allow it — rather than a patchwork of state laws that determine and often restrict the use of autonomous vehicles — are an obvious boon for the electric-car company.

“It’s incredibly painful to do it state by state for 50 states,” Musk said on the company’s latest earnings call. “There should be a natural approval process for autonomy.”

He also said Teslas would be able to drive themselves “next year.” Tesla’s stock was up over 6% premarket on the news.

More Power

power

9/11/25

The DOJ is suing Uber, alleging the company discriminates against passengers with disabilities

The Department of Justice has filed a lawsuit against Uber on Thursday, alleging that the company routinely and illegally discriminates against passengers with physical disabilities.

The lawsuit, filed in federal court in San Francisco, alleges that Uber’s drivers regularly refuse service to passengers with service animals and stowable wheelchairs. Some passengers are charged cleaning fees for service animals and cancellation fees after being refused a ride, the lawsuit alleges. According to the complaint, others are insulted or denied requests like sitting in the front seat due to mobility issues.

“Uber’s discriminatory conduct has caused significant economic, emotional, and physical harm to individuals with disabilities,” the lawsuit reads.

A survey last year by the organization Guide Dogs for the Blind found that more than 83% of people who are blind or visually impaired said they’ve been denied ride-share service.

In a statement to Bloomberg, Uber disagreed with the lawsuit, saying it has a “zero-tolerance policy for confirmed service denials.”

power

9/9/25

Draft Senate bill gives AI companies a two-year pass on federal regulation, Bloomberg reports

Bloomberg reports that a draft bill from Senator Ted Cruz would give AI companies a two-year pass from any federal regulation when they apply to be part of a White House-controlled “regulatory sandbox.” Such a regulatory framework frees participating companies from federal agency oversight while simultaneously handing President Trump broad powers to shape a still nascent and increasingly powerful industry.

The draft bill allows companies approved for the waiver to request renewals for up to eight years, according to the report.

The fast-moving generative-AI boom that took the tech world by storm was kicked off by the release of OpenAI’s ChatGPT less than three years ago. A potential decade free of federal regulations would be a huge win for companies like Meta, Google, OpenAI, and Amazon.

In July, the US Senate voted 99-1 to kill a planned provision from President Trump’s massive tax bill that would have prevented any state from regulating AI for 10 years.

Draft Senate Bill Waives Federal Rules on AI Companies During Testing

Draft Senate Bill Waives Federal Rules on AI Companies During Testing

The fast-moving generative-AI boom that took the tech world by storm was kicked off by the release of OpenAI’s ChatGPT less than three years ago. A potential decade free of federal regulations would be a huge win for companies like Meta, Google, OpenAI, and Amazon.

In July, the US Senate voted 99-1 to kill a planned provision from President Trump’s massive tax bill that would have prevented any state from regulating AI for 10 years.

Google soars on court ruling that doesn’t force the search giant to sell Chrome

Google has $26 billion in deals with companies like Samsung and Apple.

Google sign

Hertz falls, erasing its Amazon bump, as Congress looks into its AI damage scanners

Hertz shares are trading down more than 5% on Thursday.

Hertz In San Diego

power

8/20/25

Airbus faces a 10-day strike from UK workers, mirroring Boeing’s labor strife

Thousands of UK union Airbus workers plan to strike for 10 days in September amid a contract dispute.

The union workers build wings for Airbus’ commercial jets, threatening a production slowdown for the European plane maker.

As Airbus’ labor tension builds, rival Boeing’s has already boiled over: earlier this month, more than 3,000 Boeing workers who build military aircraft started a strike that remains ongoing. The action came less than a year after the company faced a two-month stoppage from a machinist strike.

Airbus, for now, says it doesn’t see the strikes affecting full-year deliveries.

Airbus UK workers to strike for 10 days over pay

Airbus UK workers to strike for 10 days over pay

As Airbus’ labor tension builds, rival Boeing’s has already boiled over: earlier this month, more than 3,000 Boeing workers who build military aircraft started a strike that remains ongoing. The action came less than a year after the company faced a two-month stoppage from a machinist strike.

Airbus, for now, says it doesn’t see the strikes affecting full-year deliveries.

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