Musk Says Tesla’s Autopilot Software Is ‘Not Great.’ Investors Don’t Care.
Summary
In fairness, Musk said his AI team was “rallying to improve as fast as possible” and later tweeted that an updated version—Beta 9.3—was “much improved.” The race to build the best self driving vehicles is hotly contested and closely watched by investors. *** Join Beverly Goodman, editorial director, investing & asset management, and Claudia Sahm, best known as a former section chief at the Federal Reserve Board of Governors and top economist in the Obama administration, today at noon for insight into what’s happening with the labor force. • And before the FDA’s announcement Monday, mandated vaccines for offshore workers in the Gulf of Mexico and some support staff by Nov. 1, The Wall Street Journal reported, as the industry grapples with recent outbreaks. • Korea’s largest conglomerate didn’t provide a breakdown of its future investment figures but said that new areas of interest, beside robotics, include biopharmaceuticals or artificial intelligence. • The group said it was notably planning to expand through mergers and acquisitions, adding that this “aggressive investment” was a “survival strategy.” • The announcement comes a week after Jay Y. Lee, Samsung’s vice chairman and de facto leader, was released from jail on parole following convictions for bribery and embezzlement.
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