Tesla reportedly preps game-changing upgrade to its vehicles: 'Could be as much as 10 times more capable'
According to Not a Tesla App, Tesla is planning to upgrade its Full Self-Driving hardware to 10 times the power of the previous iteration. The new tech, called AI5, may be manufactured by both Samsung and the Taiwan Semiconductor Manufacturing Co.
"Tesla is preparing for the production of its new AI5 FSD computer with a performance target of 2,000 to 2,500 trillion operations per second," Not a Tesla App reported. "... During a past earnings call, [CEO] Elon [Musk] claimed AI5 could be as much as 10 times more capable than HW4, which would imply an astronomical 5,000 TOPS."
TOPS is the measurement used to assess the notional optimal performance of AI hardware, essentially detailing the capabilities of various artificial intelligence accelerators. While the increase in Tesla's TOPS target would mean faster, smarter cars, gearing the company up to scale up its robotaxi endeavor, it would also require more power. That's where Gigafactories come in, as they house supercomputers to train the AI.
Automated cars, or FSD models, are huge for Tesla right now after the company dropped to low points as Musk's activity within the Trump administration led many to bail on the brand and even protest it.
The benefits are nearly endless when it comes to switching to an EV. Not only can you save tons of money by not having to refill gas or change oil, but you also won't be pumping pollution from those dirty fuels into the air from your tailpipe. The planet, and your wallet, will thank you.
To optimize your savings from EV ownership, solar panels can fuel your vehicle cheaper than using public charging stations or relying on the grid, bringing your monthly cost down to near $0.
EnergySage makes it easy to compare quotes from vetted local installers and save up to $10,000 on a solar installation. If purchasing solar panels is out of your budget, Palmetto's LightReach leasing program will install panels for no money down and let you lock in low energy rates.
If you were going to purchase an EV, which of these factors would be most important to you?
Cost
Battery range
Power and speed
The way it looks
Click your choice to see results and speak your mind.
Join our free newsletter for good news and useful tips, and don't miss this cool list of easy ways to help yourself while helping the planet.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
34 minutes ago
- Yahoo
Brief Video Explores How Elon Musk's Starlink Could Reshape the Future of Global Communications
Baltimore, MD, Aug. 03, 2025 (GLOBE NEWSWIRE) -- James Altucher examines how Elon Musk's Starlink network could permanently alter the telecommunications landscape and set the stage for a new era of global connectivity. 'Fifty years from now, people may remember it as one of the greatest innovations of the 21st century,' Altucher says in the presentation. 'An innovation which could be bigger than Tesla or anything else Elon has done before.' A Threat to Legacy Telecom Giants The brief presentation outlines how Starlink's satellite-based system bypasses traditional infrastructure, a move that could disrupt the $2.18 trillion telecom industry. 'For consumers like you and I, Elon's Starlink is a godsend… for the $2.18 trillion telecom industry, it's their worst nightmare,' the presentation states. Altucher points to existing providers' high costs and slow speeds compared to global peers as evidence of an industry vulnerable to disruption. Connecting the Remaining Third of the World Starlink's impact extends beyond urban markets, with Altucher highlighting the 2.9 billion people currently without internet access. 'By connecting these people – many of whom live in rural areas – to the world wide web, it could help unlock an incredible amount of additional economic value,' Altucher explains. He argues that this mass inclusion could trigger a wave of innovation and commerce in previously disconnected regions. Redefining How We Live and Work Altucher's presentation describes Starlink's potential to reshape not just business, but daily life. 'This technology is set to change how we shop… how we travel… how we conduct business… down to a personal level, too… changing how we interact with our friends and family,' he notes. By enabling seamless high-speed connectivity anywhere, he predicts a future where distance is no longer a barrier to opportunity or communication. August 13 as a Turning Point? According to Altucher, several developments point to August 13, 2025, as a possible milestone date for the network's trajectory. 'This elite meeting makes it the perfect place for Elon to take the stage… and announce to the world that he's spinning off Starlink from SpaceX,' Altucher predicts of the upcoming industry gathering. About James Altucher James Altucher is a technology entrepreneur, venture capitalist, and Wall Street Journal bestselling author recognized for spotting transformative innovations before they hit the mainstream. CNBC has called him 'one of the best venture capitalists, angel investors, and tech entrepreneurs in the world.' He has been an early supporter of companies that changed entire industries and is the founder of Altucher's Investment Network and the host of , downloaded more than 40 million times worldwide. CONTACT: Derek Warren Public Relations Manager Paradigm Press Group Email: dwarren@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 hours ago
- Yahoo
Elon Musk Accused of Stiffing Small Businesses for Millions of Dollars, Causing Some to File for Bankruptcy
Tesla CEO Elon Musk, the richest man in the world, has allegedly been stiffing small businesses, causing some of them to file for bankruptcy. According to an investigation by CNN, contractors have filed liens — claims of possession of property until a debt is paid off — for more than $110 million against Tesla over the last five years. The company still owes dozens of businesses more than $24 million. Worst of all, many of these firms are mom-and-pop operations, making them extremely vulnerable when a contractor like Tesla simply doesn't pay up after they've already put their limited resources into a service. The investigation highlights how Musk's firms are systematically taking advantage of their contractors — a pattern, strikingly, that's very similar to the longstanding business practices of US president and former Musk ally Donald Trump. And it's not just Tesla — the billionaire's social media platform Twitter, since renamed X, also allegedly stopped paying rent on its offices in San Francisco, and failed to pay out annual bonuses. Its "extreme belt-tightening" required "nearly everyone to whom it owes money to sue," as attorney Ethan Jacobs wrote in a 2023 court filing. Musk also oversaw brutal cost-cutting efforts as the unofficial head of the so-called Department of Government Efficiency in DC, pulling out the rug beneath entire agencies in a complete disregard for social norms and the fate of regular people. It's become so common for Tesla not to pay up, even one of its lawyers admitted that Tesla takes "some time to pay," including legal bills, during a bankruptcy proceeding against the carmaker last year, as quoted by CNN. Tesla's construction of its enormous Gigafactory in Austin, in particular, has left countless broken promises and small businesses in distress in its wake. Many businesses CNN reached out to, which filed liens and lawsuits against Musk's companies, weren't willing to go on the record for fear of retaliation, pointing to his infamous wielding of non-disclosure contracts. Some firms said they were still hoping to be paid. Others have already written off the losses. Many of them pointed to the many ways Tesla tries to wriggle out of having to pay them through convoluted language in its contracts that often only lawyers can make sense of. All of those broken contracts and unpaid labor have understandably left a sour taste in the mouths of many small-time contractors and businesspeople. "[Musk's] goal is to run through everything now — he doesn't care what or who that impacts — to save the future of the world," one entrepreneur told CNN. "Tesla was probably one of the only companies we did business with where it just felt like they absolutely did not care about putting a company out of business." Musk's systematic unwillingness to pay the firms on which his empire is built has shocked legal experts. Jacobs told CNN that he was shocked that Musk was brazen enough to have "a practice of not paying people until they sue." "They were essentially saying that they just decided not to pay until they had to," he said, referring to former Twitter executives under Musk. "It's not the way I have generally seen people doing business." More on Elon Musk: Elon Musk Publicly Kicks His AI Employee's Legs Out From Under Him Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
3 hours ago
- Yahoo
Bitcoin vs Stocks: Which $15,000 Investment Would Make You a Billionaire?
Imagine it's mid-2010, and you have $15,000 to invest. You're considering a new digital currency called bitcoin, trading at just 10 cents per coin, or putting your money into promising stocks like Nvidia, Tesla or Netflix. Read More: Discover Next: I asked ChatGPT to run the numbers on what might be the most expensive investment decision in modern history. The artificial intelligence's analysis reveals just how dramatically different asset classes can perform (and why timing really is everything when it comes to investing). The $15,000 Investment Scenario: Mid-2010 To make this comparison fair, ChatGPT set the investment date at mid-2010, when both bitcoin and several now-famous stocks were available. This timing is important because it represents a moment when ordinary investors could realistically have made any of these choices. The AI selected five investments that seemed promising in 2010: Bitcoin, trading at around $0.10 per coin Nvidia stock at about $2.50 (split-adjusted) Tesla, which had just gone public at $1.17 (split-adjusted) Broadcom at approximately $7.30 (adjusted for splits and mergers) Netflix at around $8.80 (adjusted for splits) Each represents $15,000 invested at that moment in time. Here's what ChatGPT discovered about where that money would be today. Find Out: Bitcoin: The $17.7 Billion Winner According to ChatGPT's calculations, bitcoin's results are nearly unbelievable. At $0.10 per bitcoin in mid-2010, your $15,000 would have purchased 150,000 coins. With bitcoin trading at approximately $117,700 today, those 150,000 coins would be worth $17.655 billion. 'Yes, this investment would have made you a multibillionaire,' ChatGPT confirmed, adding that bitcoin is the only asset in this comparison that achieved billionaire status. This represents a return of over 1,000,000% — turning every dollar invested into more than $1 million. Nvidia: The Stock Market's Best Performer Still Falls Short Nvidia has been the poster child for stock market success in recent years, especially with the AI boom. ChatGPT's analysis shows it was indeed the best-performing stock in our comparison. Your $15,000 would have bought 6,000 shares at $2.50 each in 2010. With Nvidia currently trading around $175.50, those shares would be worth $1.053 million today. 'Even accounting for stock splits and exact timing, Nvidia grows to around $5-6.7 million at best,' ChatGPT wrote, acknowledging that different timing within 2010 could have yielded slightly better results. Still, even the most optimistic Nvidia scenario falls dramatically short of billionaire status. Tesla: From IPO to Millions, Not Billions Tesla's initial public offering in June 2010 created early investor opportunities that ChatGPT calculated would have been impressive — just not billionaire-level impressive. At Tesla's split-adjusted IPO price of $1.17, your $15,000 would have purchased approximately 12,820 shares. With Tesla trading around $328 today, that position would be worth about $4.2 million. 'Best estimates suggest Tesla would yield around $3.6-4.2 million on $15,000,' ChatGPT concluded, noting that Tesla's volatility could have affected results depending on exact purchase timing. Netflix: The Streaming Pioneer's Solid but Not Spectacular Returns Netflix represented the streaming revolution that was just beginning in 2010. ChatGPT's analysis shows it would have been a good investment — but nowhere near life-changing money. Your $15,000 would have bought roughly 1,705 shares at $8.80 each. With Netflix currently around $1,176 per share, those shares would be worth approximately $2 million today. 'Best case scenario: around $1.3-2 million,' ChatGPT estimated, accounting for Netflix's various ups and downs over the past 15 years. Not chump change, but not billions. Broadcom: The Forgotten Semiconductor Play Broadcom, while less famous than Nvidia, was another semiconductor stock available in 2010. ChatGPT calculated it would have been the worst performer in this group. At $7.30 per share, your $15,000 would have purchased about 2,055 shares. With Broadcom trading around $293.36 today, that investment would be worth roughly $603,000. 'Realistic return: around $1.7 million max (including reinvestment/dividends),' ChatGPT wrote, suggesting that dividend reinvestment could have improved results somewhat. The Reality Check: Why Almost Nobody Became a Bitcoin Billionaire While ChatGPT confirmed that bitcoin was the only path to billionaire status, the AI also provided crucial context about why so few people actually achieved these returns. 'Bitcoin's rise was incredibly volatile, and few investors held on through multiple 80%+ crashes,' ChatGPT warned. 'Stocks, while slower, offered more stable growth.' The psychological challenge of holding bitcoin through its numerous boom-bust cycles cannot be overstated. Bitcoin crashed over 80% at least three times during this 15-year period. Most investors who bought at $0.10 probably sold long before bitcoin reached $117,700. What This Means for Today's Investors ChatGPT's analysis reveals several important lessons for modern investors: Hindsight is not an investment strategy: While bitcoin clearly won this historical comparison, trying to find the 'next bitcoin' is essentially gambling, not investing. Diversification matters: Even the best-performing traditional stocks 'only' returned millions rather than billions. But millions in returns from a $15,000 investment represents life-changing money for most people. Volatility is the price of potential: bitcoin's path to billions involved gut-wrenching volatility that would have tested any investor's resolve. Traditional investments still work: While stocks didn't create billionaires, turning $15,000 into several million dollars over 15 years represents excellent investment performance by any reasonable standard. The Broader Investment Implications ChatGPT's comparison illustrates why investment advisors typically recommend diversified portfolios rather than betting everything on single assets, even promising ones. Let's break it down. If you had split your $15,000 five ways in 2010, putting $3,000 into each investment, you'd have: $3.531 billion from Bitcoin $200,000-1.3 million from Nvidia $720,000-840,000 from Tesla $120,000-340,000 from Broadcom $260,000-400,000 from Netflix Even with 80% of your portfolio in stocks that 'underperformed,' you'd still be a billionaire thanks to that small bitcoin allocation. It (quite literally) pays to diversify. Why Timing Really Is Everything ChatGPT's analysis used mid-2010 as the investment date, but small timing differences could have dramatically affected results. Bitcoin was virtually worthless in early 2010 but had already begun rising by year-end. Similarly, Tesla's IPO timing, Nvidia's various product cycles and Netflix's streaming transition all created windows where earlier or later investments could have yielded different results. The Bottom Line on Billionaire-Making Investments According to ChatGPT's analysis, if your goal was becoming a billionaire from a $15,000 investment in 2010, bitcoin was the only known path to that outcome. Even the decade's best-performing stocks delivered 'only' multi-million dollar returns. But the AI's analysis also reveals why chasing these extreme outcomes is probably the wrong approach for most investors. The stocks in this comparison all delivered life-changing returns while offering more stability and predictability than bitcoin's wild ride. As ChatGPT wrote, bitcoin's success required not just picking the right asset, but having the psychological fortitude to hold through multiple crashes that would have tested any investor's resolve. For today's investors, the lesson isn't to search for the next bitcoin — it's to build diversified portfolios that can capture strong returns while managing the very real risks that come with chasing billionaire-level gains. Not as fun as making millions — or billions — but a worthy goal, nonetheless. More From GOBankingRates Mark Cuban Warns of 'Red Rural Recession' -- 4 States That Could Get Hit Hard 10 Used Cars That Will Last Longer Than the Average New Vehicle 10 Cars That Outlast the Average Vehicle This article originally appeared on Bitcoin vs Stocks: Which $15,000 Investment Would Make You a Billionaire? Sign in to access your portfolio
