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A Tesla Cybertruck mystery solved, Apple and Microsoft on the hot seat, Amazon $2 trillion: Tech news roundup

June 30, 2024
in Business
A Tesla Cybertruck mystery solved, Apple and Microsoft on the hot seat, Amazon $2 trillion: Tech news roundup
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Image for article titled A Tesla Cybertruck mystery solved, Apple and Microsoft on the hot seat, Amazon $2 trillion: Tech news roundup

Photo: Brandon Bell (Getty Images), Fisker, Johannes Simon (Getty Images), Justin Sullivan (Getty Images), Cruise (Getty Images), Belinda Jiao (Getty Images), Michel Euler, File (AP), Image: Patrick T. Fallon / AFP (Getty Images)

After years of delays, Tesla began delivering the Cybertruck electric pickup last November

After years of delays, Tesla began delivering the Cybertruck electric pickup last NovemberPhoto: Brandon Bell (Getty Images)

Thanks to the Tesla Cybertruck’s never-ending string of issues, we finally get a look at exactly how many electric pickups Tesla has sold.

Elon Musk’s automaker has issued a recall for 11,688 units of the Cybertruck, which first went out for delivery in November 2023, according to notices posted on the National Highway Traffic Safety Administration’s (NHTSA) website. That puts sales of the Cybertruck behind Ford Motor’s F-150 Lightning, but not by much. As of May, the Detroit carmaker has sold 13,093 units of its electric pickup in 2024, up 78.5% compared to last year.

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Attendees look at the new Rivian R2 electric vehicle at the Rivian South Coast Theater in Laguna Beach, California, on March 7, 2024.

Attendees look at the new Rivian R2 electric vehicle at the Rivian South Coast Theater in Laguna Beach, California, on March 7, 2024.
Image: Patrick T. Fallon / AFP (Getty Images)

Rivian Automotive and Volkswagen Group are joining forces as they look to develop software technology that will help drive their production of electric vehicles.

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A photo of three Fisker Ocean electric SUVs.

Photo: Fisker

Apple

ApplePhoto: Johannes Simon (Getty Images)

The European Union has accused Apple with failing to comply with its new sweeping digital competition law, as the iPhone maker continues to run afoul of the bloc’s regulations.

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Rivian plans to sell a series of new electric trucks at cheaper margins thanks to its new planned joint venture with Volkswagen.

Rivian plans to sell a series of new electric trucks at cheaper margins thanks to its new planned joint venture with Volkswagen.Photo: Justin Sullivan (Getty Images)

Apple has fixed multiple security issues with its devices this year

Apple has fixed multiple security issues with its devices this year

Apple’s motto is privacy and security. The company is known for setting high standards for the tech industry at large, which has put it at odds in the past with other tech giants such as Meta. But lately it’s had to address software security problems across a range of its products, from the iPhone to the Apple Watch. This week, the company admitted it’s fixing privacy issues on yet another product: AirPods.

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General Motors has had a majority stake in Cruise since 2016.

General Motors has had a majority stake in Cruise since 2016.Photo: Cruise (Getty Images)

General Motors has added two more members to the executive team overseeing self-driving startup Cruise’s comeback, including a new chief executive officer. – William Gavin Read More

Microsoft’s changes to address the European Commission’s concerns were “insufficient,” according to the regulator.

Microsoft’s changes to address the European Commission’s concerns were “insufficient,” according to the regulator.Photo: Belinda Jiao (Getty Images)

Just one day after the European Union’s regulatory arm took aim at Apple, it’s going after Microsoft over its tie-up of the Teams and Office products.

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Apple has fixed multiple security issues with its devices this year

This week, the company admitted it’s fixing privacy issues on yet another product: AirPods

Amazon logo hanging at the Vivatech show

Photo: Michel Euler, File (AP)

Amazon has crossed the $2 trillion market cap threshold for the first time amid its push into artificial intelligence.

The company’s shares were up around 4% to about $194 during mid-day trading on Wednesday, pushing its market value to $2.02 trillion. It joins Google-parent Alphabet in the $2 trillion market cap club. Alphabet crossed the $2 trillion threshold in April. Meanwhile, Microsoft, Apple, and Nvidia remain the top three most valuable public companies in the world.

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Copyright for syndicated content belongs to the linked Source : Quartz – https://qz.com/tesla-cybertruck-recall-apple-microsoft-amazon-tech-1851566640

Tags: businessCybertruckTesla
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