As Tesla Falters, These New EVs Are Picking Up the Pace
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Ex-Trump Lawyer Says Trump Could Set Sights on Musk's Billions: 'It Bothers Him That He Is the Richest Man'
President Donald Trump's former personal attorney Michael Cohen has predicted that Trump might set his sights on the fortune of tech magnate Elon Musk following their recent spat. What Happened: Cohen thinks Trump's jealousy of Musk's position as the wealthiest man in the world could drive him to target Musk's wealth. Musk, who is the CEO of Tesla Inc. (NASDAQ:TSLA), had earlier contributed $250 million to Trump's 2024 campaign and was chosen to spearhead a cost-reduction initiative under the Department of Government Efficiency (DOGE). Earlier speaking with MSNBC, Cohen said, "I said from the very start that this bromance was going to come to an end. I'm going to go one step even further, again, and I'm going to say Trump will ultimately go after Elon's money next because it bothers him that he is the richest man in the world." Cohen, now a prominent critic of Trump, speculates that Trump could utilize DOGE to probe how Musk and his businesses 'exploited the United States of America' and try to 'reclaim' government subsidies given to Tesla. Also Read: Ex-Trump Lawyer Sent This Message To Elon Musk After Feud With Donald Trump Erupted However, White House communications director Steven Cheung dismissed Cohen's forecasts, describing him as a 'deeply disturbed' person spreading 'falsehoods and deception'. Why It Matters: The conjecture by Cohen, if it materializes, could lead to a significant shift in the dynamics between Trump and Musk. The latter's wealth, largely attributed to his leadership at Tesla, has been a subject of public interest. Musk's contribution to Trump's campaign and his role in DOGE further intertwine their professional relationship. Any action by Trump targeting Musk's fortune could potentially impact Tesla's operations and its standing in the market. However, these are mere predictions at this point, and it remains to be seen how the situation unfolds. Read Next Ex-Trump Family Attorney Raises Alarms Over Trump's Actions as President: 'I Have Never Been As Concerned' Image: Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? TESLA (TSLA): Free Stock Analysis Report This article Ex-Trump Lawyer Says Trump Could Set Sights on Musk's Billions: 'It Bothers Him That He Is the Richest Man' originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error 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
Miami Herald
an hour ago
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MIT's Light-Only AI Chip Could Supercharge Electric Vehicles
Imagine an EV that doesn't need a bulky cooling system for its brain. Imagine your car processing LiDAR data, high-res camera feeds, and driver monitoring in real time-without sipping a ton of juice from the battery. MIT's new light-only AI chip, which swaps electrons for photons, might just pull this off. This isn't a minor tweak in chip design. It's a potential industry earthquake. The chip runs on photons, meaning it processes data with light instead of electricity. Sounds like sci-fi, right? But the benefits are huge: 90 percent less power consumption, almost no heat generation, and computations that happen at, well, the speed of light. For EVs, which fight tooth and nail for every mile of range, this could be the difference between 300 miles and 350 miles on a single charge. Every modern EV has a digital nervous system that sucks energy. The AI stack - everything from lane-keeping assist to voice commands - relies on energy-hungry chips like NVIDIA's Drive platform. Even when the car's parked, these processors run diagnostics and software updates, quietly draining the battery. Swap those power-hogging silicon chips with something that barely sips energy? You free up power for the motor, heating, and air conditioning. Suddenly, EVs can be smarter and go further without strapping on a bigger, heavier battery pack. And it's not just about range. The photonic chip's speed could slash latency in autonomous driving. Maybe this is exactly what Tesla's Autopilot needs to work without killing people. Imagine your car spotting a cyclist darting across the road and responding faster than your reflexes. That's not marketing hype - that's rather some life-saving tech. Self-driving cars rely on billions of calculations per second. Traditional GPUs do the job, but they're power-hungry beasts that require liquid cooling and complex thermal management. A photonic AI chip can handle these calculations with barely any heat output, which means lighter systems, lower costs, and fewer points of failure. Tesla, Waymo, and every other company chasing autonomy would kill for this kind of efficiency. Even if photonic chips start as co-processors - handling vision or sensor fusion - they'll free up traditional CPUs and GPUs to handle the rest with more breathing room. There's always a catch. These chips are still in the lab, and automotive-grade hardware certification isn't exactly speedy. Cars need chips that can survive scorching heat, freezing temperatures, and years of vibration. Expect a timeline closer to 2027 before you see a production EV using this tech. Still, the writing's on the wall. The next wave of EV innovation won't just be about battery chemistry or charging speed. It'll be about making the brains of the car just as efficient as its brawn. This MIT breakthrough is a reminder that the EV arms race is far from over. Today, it's all about range anxiety. Tomorrow, it will be about how fast your car's AI can think without stealing electrons from the wheels. Copyright 2025 The Arena Group, Inc. All Rights Reserved.
Yahoo
an hour ago
- Yahoo
Ex-Trump Lawyer Says Trump Could Set Sights on Musk's Billions: 'It Bothers Him That He Is the Richest Man'
President Donald Trump's former personal attorney Michael Cohen has predicted that Trump might set his sights on the fortune of tech magnate Elon Musk following their recent spat. What Happened: Cohen thinks Trump's jealousy of Musk's position as the wealthiest man in the world could drive him to target Musk's wealth. Musk, who is the CEO of Tesla Inc. (NASDAQ:TSLA), had earlier contributed $250 million to Trump's 2024 campaign and was chosen to spearhead a cost-reduction initiative under the Department of Government Efficiency (DOGE). Earlier speaking with MSNBC, Cohen said, "I said from the very start that this bromance was going to come to an end. I'm going to go one step even further, again, and I'm going to say Trump will ultimately go after Elon's money next because it bothers him that he is the richest man in the world." Cohen, now a prominent critic of Trump, speculates that Trump could utilize DOGE to probe how Musk and his businesses 'exploited the United States of America' and try to 'reclaim' government subsidies given to Tesla. Also Read: Ex-Trump Lawyer Sent This Message To Elon Musk After Feud With Donald Trump Erupted However, White House communications director Steven Cheung dismissed Cohen's forecasts, describing him as a 'deeply disturbed' person spreading 'falsehoods and deception'. Why It Matters: The conjecture by Cohen, if it materializes, could lead to a significant shift in the dynamics between Trump and Musk. The latter's wealth, largely attributed to his leadership at Tesla, has been a subject of public interest. Musk's contribution to Trump's campaign and his role in DOGE further intertwine their professional relationship. Any action by Trump targeting Musk's fortune could potentially impact Tesla's operations and its standing in the market. However, these are mere predictions at this point, and it remains to be seen how the situation unfolds. Read Next Ex-Trump Family Attorney Raises Alarms Over Trump's Actions as President: 'I Have Never Been As Concerned' Image: Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? TESLA (TSLA): Free Stock Analysis Report This article Ex-Trump Lawyer Says Trump Could Set Sights on Musk's Billions: 'It Bothers Him That He Is the Richest Man' originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error 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
