Today: 15.07.2018
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Elon Musk blames robots for delays on Tesla’s Model 3.

The problem with Tesla’s Model 3 assembly line? Too many robots. Elon Musk admitted that production snags for Tesla’s mass-market Model 3 electric car are partly the result of “excessive automation” at the company’s Fremont, Calif., factory. “Yes, excessive automation at Tesla was a mistake,” Musk tweeted Friday afternoon. “To be precise, my mistake. Humans...
Time: 22:37     Date: 13.04.2018
World Tech News: Elon Musk blames robots for delays on Tesla’s Model 3. NY Post 24 - US News

Elon Musk admitted that production snags for Tesla’s mass-market Model 3 electric car are partly the result of “excessive automation” at the company’s Fremont, Calif., factory.

“Yes, excessive automation at Tesla was a mistake,” Musk tweeted Friday afternoon. “To be precise, my mistake. Humans are underrated.”

That was after Musk confirmed reports that a crowd of robots was partly to blame for the sputtering production of the Model 3, which recently hit only about half the clip of 5,000 cars a week Musk had promised.

“We had this crazy, complex network of conveyor belts,” Musk added in an interview with CBS This Morning that aired on Friday. “And it was not working, so we got rid of that whole thing.” Musk — who recently took direct control of the Model 3 division from Doug Field, a senior vice president of engineering and former Apple executive — didn’t give details on how he planned to fix the problem.

The tech billionaire did admit he’s been working and sleeping at the factory around the clock lately.

Despite the headwinds, Musk took to Twitter earlier on Friday to declare that Tesla will be profitable in the third and fourth quarters of this year and will not have to raise additional funds from investors.

That was in response to a story in The Economist that cited estimates that Tesla would need $2.5 billion to $3 billion in additional funding in 2018.

“The Economist used to be boring, but smart with a wicked dry wit. Now it’s just boring (sigh),” Musk tweeted. “Tesla will be profitable & cash flow+ in Q3 & Q4, so obv no need to raise money.”

Tesla shares, which have gained nearly 10 percent since disclosing the Model 3 production numbers on April 3, gained 2.1 percent Friday, closing at $300.34.

Wall Street brokerage Jefferies said last week it expects risk to remain high for Tesla until it can consistently produce 10,000 Model 3’s a week.

Tech

World Tech News: Microsoft urges regulation of facial recognition technology. NY Post 24 - US News
Microsoft urges regulation of facial recognition technology.
Microsoft on Friday called for government regulation of facial recognition technology and for laws governing its acceptable...
World Tech News: Doctors slam sex robot ‘family mode’. NY Post 24 - US News
Doctors slam sex robot ‘family mode’.
A sex robot with a “family mode” that dials down her dirty talk has been blasted as “profoundly damaging”...
World Tech News: Massive telescope project will explore mysteries of space. NY Post 24 - US News
Massive telescope project will explore mysteries of space.
CARNARVON, South Africa – A scientific mega-project to unlock cosmic conundrums from dark energy to detecting extraterrestrial...
World Tech News: US lifts ban on suppliers selling to China’s ZTE. NY Post 24 - US News
US lifts ban on suppliers selling to China’s ZTE.
The Department of Commerce on Friday lifted a ban on US companies selling goods to ZTE, allowing China’s second-largest...

Opinion

Last US News - Opinion: The dangers of making deals with Putin and other commentary. NY Post 24 - US News
The dangers of making deals with Putin and other commentary.
Foreign-affairs desk: Beware of Deal-Making With Putin The Syrian government’s offensive last month against rebels in Daraa...
Last US News - Opinion: Peter Strzok’s arrogance is the product of a corrupt FBI. NY Post 24 - US News
Peter Strzok’s arrogance is the product of a corrupt FBI.
Watching FBI agent Peter Strzok battle with Congress, my initial reaction was pure anger. His repeated, arrogant insistence...
Last US News - Opinion: Molinaro’s long-needed reforms to clean up Albany. NY Post 24 - US News
Molinaro’s long-needed reforms to clean up Albany.
Thursday’s guilty verdicts in the Buffalo Billion trial put the issue of corruption front and center in the race for governor....
Last US News - Opinion: De Blasio’s hiring spree means taxpayer trouble down the line. NY Post 24 - US News
De Blasio’s hiring spree means taxpayer trouble down the line.
We’ve long warned about Mayor de Blasio’s reckless padding of the city workforce, but a new City Budget Commission analysis...
Last US News - Opinion: This House race could be a bellwether for the midterms. NY Post 24 - US News
This House race could be a bellwether for the midterms.
LEVITTOWN, Pa. — Here in the heart of the American suburb, the battle for the ultimate swing district is underway. The...

Living

US Living News: More than 500 ill after E. coli outbreak at zip line facility. NY Post 24 - US News
More than 500 ill after E. coli outbreak at zip line facility.
E. coli bacteria was found in water at a popular ziplining attraction in Tennessee where more than 500 people reportedly...
US Living News: Archaeologists in Egypt discover mummification workshop. NY Post 24 - US News
Archaeologists in Egypt discover mummification workshop.
CAIRO — Archaeologists in Egypt stumbled upon a new discovery dating back to more than 2,500 years ago near Egypt’s...
US Living News: Are unpaid internships still considered work experience?. NY Post 24 - US News
Are unpaid internships still considered work experience?.
I was late to the internship game this summer. I found a firm that is willing to offer me an internship but can’t pay me....
US Living News: Making millennials feel incompetent makes bosses feel superior. NY Post 24 - US News
Making millennials feel incompetent makes bosses feel superior.
Lazy, entitled, over-confident and selfish are just a few adjectives used to describe millennials — those born between...
US Living News: French winemakers say warning labels will ruin ‘the soul of France’. NY Post 24 - US News
French winemakers say warning labels will ruin ‘the soul of France’.
Sacré bleu! A plan to stick larger health warning labels on French wine bottles will ruin “the soul of France”...
US Living News: ‘Lost’ Kubrick screenplay found 60 years later. NY Post 24 - US News
‘Lost’ Kubrick screenplay found 60 years later.
A “lost” script by revered filmmaker Stanley Kubrick has been discovered — and the flick could be shot for the big...
US Living News: Even in the selfie age, old-school photo hustlers are still snapping. NY Post 24 - US News
Even in the selfie age, old-school photo hustlers are still snapping.
On a recent Wednesday night, just as the last of the Broadway crowd trickled into theaters, Alexandra Santana strolled West...
US Living News: This pro-America book could buck the left-wing YA trend. NY Post 24 - US News
This pro-America book could buck the left-wing YA trend.
It’s hard to believe that a young-adult book about a male teenager on an exciting adventure might be considered controversial....

Business

Last US Business News: Department store drops Ivanka Trump clothing line. NY Post 24 - US News
Department store drops Ivanka Trump clothing line.
The Ivanka Trump fashion brand was kicked to the curb in Canada by the leading department store company there. Hudson’s...
Last US Business News: Don’t be surprised by fast food’s bait-and-switch. NY Post 24 - US News
Don’t be surprised by fast food’s bait-and-switch.
Dear John: I am 67 years old — a dinosaur in the computer age. I’m on a fixed income and angry. I’m especially angry...
Last US Business News: Financial markets are the ultimate predictor of gas prices. NY Post 24 - US News
Financial markets are the ultimate predictor of gas prices.
Dear John: Regarding gasoline prices, I spent over 20 years working in oil refining and marketing. Gasoline and other prices...
Last US Business News: Retail workers are struggling to make ends meet. NY Post 24 - US News
Retail workers are struggling to make ends meet.
Retail workers are doing the hustle just to pay the utility bills. A record number of US retail employees are hustling for...
Last US Business News: Americans are feeling better about the economy under Trump. NY Post 24 - US News
Americans are feeling better about the economy under Trump.
The bread and butter of politics and government for most Americans is … bread and butter. In other words, we care more...
Last US Business News: Once ignored, the summer is now a priority for digital ads. NY Post 24 - US News
Once ignored, the summer is now a priority for digital ads.
The dog days of summer are normally the slowest time of the year when it comes to the advertising business. Companies are...
Last US Business News: Why Americans are spending more than ever on home grilling. NY Post 24 - US News
Why Americans are spending more than ever on home grilling.
When Carl Coates, a 47-year-old father and high-school administrator living in Chicago, came into a little extra cash last...
Last US Business News: Department store apocalypse is taking its toll on NYC. NY Post 24 - US News
Department store apocalypse is taking its toll on NYC.
I’m going to miss Lord & Taylor like mad when the Fifth Avenue flagship closes next year. It isn’t only because of...

Metro

Metro News: Wig-wearing bank robber threatened teller with bomb: prosecutors. NY Post 24 - US News
Wig-wearing bank robber threatened teller with bomb: prosecutors.
The wig-wearing bandit nabbed for a Manhattan bank heist on Saturday is a convicted felon who claimed to be packing a bomb...
Metro News: Pizza delivery driver found dead after being shot, crashing car. NY Post 24 - US News
Pizza delivery driver found dead after being shot, crashing car.
A New Jersey pizza delivery guy died Sunday after being shot and then crashing his car into a tree, according to reports....
Metro News: Parks Department ex-con keeps job despite more sex misconduct claims. NY Post 24 - US News
Parks Department ex-con keeps job despite more sex misconduct claims.
The city keeps giving this killer a pass — and a fat paycheck — even with disturbing new claims of groping and sexual...
Metro News: Off-duty corrections officer threatened stripper with gun: cops. NY Post 24 - US News
Off-duty corrections officer threatened stripper with gun: cops.
An off-duty correction officer was charged Saturday with threatening a stripper with a gun outside a Midtown jiggle joint...
Metro News: Nearly 17K NYCHA tenants are behind on their rent. NY Post 24 - US News
Nearly 17K NYCHA tenants are behind on their rent.
One in 10 of the city’s public-housing tenants aren’t paying their rent, making matters worse for New York’s cash-strapped...
Metro News: Construction workers seen getting drunk during lunch hour. NY Post 24 - US News
Construction workers seen getting drunk during lunch hour.
“OK, today is Friday! Let’s rock and roll!” yelled the bartender at McGarry’s pub in Midtown, just after the...
Metro News: Bank robber dressed as woman caught thanks to cab driver. NY Post 24 - US News
Bank robber dressed as woman caught thanks to cab driver.
A man dressed as a woman robbed a Manhattan bank Saturday afternoon — and was busted with a little help from a cab driver,...
Metro News: FDNY captain who lost both sons on 9/11 laid to rest. NY Post 24 - US News
FDNY captain who lost both sons on 9/11 laid to rest.
An FDNY captain who suffered the unspeakable heartache of losing both his sons on 9/11 was laid to rest Saturday, leaving...

Sport

Last US Sport News: WWE forgives Hulk Hogan, paves way for possible TV return. NY Post 24 - US News
WWE forgives Hulk Hogan, paves way for possible TV return.
Hulkamania could be running wild in WWE again real soon. The company announced Sunday that Hulk Hogan’s suspension,...
Last US Sport News: Some intriguing early options for next Cardinals manager. NY Post 24 - US News
Some intriguing early options for next Cardinals manager.
WASHINGTON — The firing of Mike Matheny led to immediate speculation the Cardinals could pivot to Joe Girardi. The...
Last US Sport News: Cardinals pitcher enters radar as Yankees and more seek help. NY Post 24 - US News
Cardinals pitcher enters radar as Yankees and more seek help.
WASHINGTON — Contending teams pursuing starting pitching continue to operate as if Jacob deGrom and Noah Syndergaard are...
Last US Sport News: Ex-NHL goalie Ray Emery dead after swimming accident. NY Post 24 - US News
Ex-NHL goalie Ray Emery dead after swimming accident.
Former NHL goaltender Ray Emery has drowned in his hometown of Hamilton, Ontario. He was 35. Hamilton Police said Emery was...
Last US Sport News: Mets fittingly collapse to finish miserable first half. NY Post 24 - US News
Mets fittingly collapse to finish miserable first half.
The Mets head to the All-Star break with more losses than they’ve had in a quarter-century, but at least one piece of good...