Tesla Cybertruck spied filming segment for Jay Leno’s Garage with Elon Musk - Teslarati

By Randell Suba

Posted on January 25, 2020

Tesla CEO Elon Musk and the futuristic Cybertruck were caught filming near SpaceX headquarters late Friday afternoon for an upcoming segment of Jay Leno’s Garage. Once again taking the spotlight at the Tesla Design Center in Hawthorne, CA, the site where the all-electric utility truck made its shocking world debut, camera and production crew were setting up to film a scene near the famed Tesla Supercharger monolith.

In the images sent to Teslarati, Elon Musk can be seen inspecting the rear of the Cybertruck and its motorized rear tonneau, as film crew busily prepared equipment for the camera truck that would follow the stainless steel pickup past SpaceX.

Cameras rolled as the Tesla Cybertruck made its way onto Crenshaw Blvd. in Hawthorne, CA, with the iconic Falcon 9 booster and SpaceX headquarters framed perfectly in the background. A black truck with a camera rig flanked the electric pickup truck.

Elon Musk inspecting Tesla Cybertruck prior to filming segment for Jay Leno’s Garage behind SpaceX HQ in Hawthorne, CA

Tesla Cybertruck filming a segment for Jay Leno’s Garage at the Design Center in Hawthorne, CA

Tesla Cybertruck near SpaceX HQ (Source: Anonymous Tipster)

Camera crew filming Tesla Cybertruck on Crenshaw Blvd near SpaceX HQ, Jan 25, 2020

The segment featuring the Tesla Cybertruck is expected to air on an upcoming episode of Jay Leno’s Garage. The talk show host and car enthusiast has been known to be a vocal supporter of Tesla and Elon Musk. Jay Leno has been quoted before saying that electric cars are the future and that these vehicles are far superior to internal combustion engines.

“I mean, the advantage of electricity. I have a Tesla. I’ve had it for three years. I’ve never done anything. There’s no fluids to change. There’s nothing. You know, For new technology to succeed, it can’t be equal. It’s got to be better. And they’ve (Tesla) sort of solved the battery problem. It can go 350 to 400 miles at a charge. There’s no maintenance. They’re faster than the gas car. So there’s almost no reason to have a gas car unless you’re doing long-haul duty,” the iconic show host said.

In 2018, the veteran comedian featured the next-generation Tesla Roadster on his automotive show where he talked about the supercar with Tesla’s chief designer Franz von Holzhausen. A few years before that, Leno gave his audience an up-close look at the 2012 Tesla Model S.

While Teslarati did not spot the Model Y  in Friday’s filming of the Cybertruck, rumors surfaced last week that Tesla’s much-awaited electric crossover Model Y will also be featured on Jay Leno’s long-running car show. This information was reportedly shared to a certain Tesla Model 3 owner Michael Hughes by a Tesla employee who gave him an early tour of the Model Y interior.

Below is a good look at the Tesla Cybertruck accelerating down Crenshaw Blvd. with the Model 3 chase car and camera truck not too far behind.

Tesla Cybertruck spied filming segment for Jay Leno’s Garage with Elon Musk

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2020-01-25 09:44:10Z
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FAA says 737 Max could return sooner than Boeing said - msnNOW

© David Ryder/Getty Images MOSES LAKE, WA - OCTOBER 23: Boeing 737 MAX airplanes are parked at Grant County International Airport October 23, 2019 in Moses Lake, Washington. Boeing reported that its profits were down by more than half in the latest quarter. The company has finished updates and testing on the 737 MAX and plans to have the planes flying by the end of the year. (Photo by David Ryder/Getty Images)

Just three days after Boeing warned airlines that they shouldn't count on the 737 Max flying again before midyear, the US Federal Aviation Administration said Friday it might move faster than that.

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FAA Administrator Steve Dickson spoke Friday with senior officials at Southwest, United and American Airlines, the three US carriers that own the plane, to reiterate that the regulator hasn't set a timeframe for completion of certification work on the aircraft, according to a statement from the agency.

"While the FAA continues to follow a thorough, deliberate process, the agency is pleased with Boeing's progress in recent weeks toward achieving key milestones," the statement said. "Safety is the top priority, and the FAA continues to work with other safety regulators to ensure that Boeing has addressed all known issues with the aircraft."

Boeing did not have an immediate response to the FAA statement. Shares of Boeing, which had been lower earlier in the day, jumped on the news. They were up nearly 2% just before the close

Earlier this week, Boeing told its airline customers that based on its experience with the certification process "we are currently estimating that the ungrounding of the 737 MAX will begin during mid-2020." The plane has been grounded since March following two fatal crashes that killed 346 people. A faulty safety system has been blamed for the crashes.

Officials at the three airlines, who all reported financial results earlier this week, said on conference calls with analysts that they were working with the assumption that the plane would not be approved in time to be back in service before the end of the summer or fall.

"We're actually encouraged at what we hope is a more realistic time line and target," said United President Scott Kirby, who is set to become CEO of the airline in May. United executives said on the analyst call that they don't anticipate flying the Max this summer.

Southwest owns 34 of the Max jets and is awaiting delivery of another 27 that Boeing built during the grounding. Southwest CEO Gary Kelly told investors he's eager to get the planes in service as soon as possible.

"Boeing needs to get the work done and get the certification flight done, give the FAA a chance to do their work and unground this airplane," he said. "Boeing surprised us all this week with their June, July predictions about the ungrounding.

Boeing stock, which had been trading lower before the FAA statement, closed up nearly 2% on Friday. The company and the airlines had no immediate comment.

A previous version of this story misstated the number of 737 Max jets Boeing has built for Southwest Airlines.

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2020-01-25 08:30:00Z
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Tesla will open a European design center in Germany, in addition to US & China - Electrek

Tesla CEO Elon Musk has announced that Tesla intends to open a product design center in Europe.  The design center would likely be built at the same site as Tesla’s Gigafactory 4 project outside Berlin.

Earlier this month, Musk also announced that Tesla wants to open a design center in China to design cars for the global market.

Tesla currently designs all their products in Hawthorne, California.  Tesla’s design efforts are led by Franz von Holzhausen, who has worked with the company since the Model S.  He previously worked with Pontiac, Saturn and Mazda.

But Tesla has more global ambitions, and wants to expand into new territories to attract some new ideas.  Just this month, Tesla has announced their intent to open two separate design centers in their other main geographical service areas – Asia and Europe.

Earlier this month, Musk talked about the reasoning behind opening a Chinese design center:

I think something that would be super cool would be to — and so we’re gonna do it, we’re gonna try to do it — would be to create a China design and engineering center to actually design an original car in China for worldwide consumption.  I think this will be very exciting.  I think China has some of the best art in the world, and I think it’s something that would be appreciated on a worldwide basis.  I think it should be done, and we’re gonna do it.

Later, Tesla released a sketch along with an official announcement of their intent to open a Chinese design center.

We have no more details on the European design center yet, but given Musk’s focus on bringing Chinese artistic tradition into the design process, perhaps he is thinking the same thing about Europe.

Europe obviously has a lot of automotive design and engineering expertise.  Germany is famed for their auto industry and engineering expertise, and Italy for their design sensibilities.  Many of the most beautiful and functional cars ever designed have come out of Europe.

This design center would allow Tesla to recruit designers who, for whatever reason, don’t want to or can’t relocate to California, and expose the design process to new ideas that should help broaden Tesla’s appeal.

It will also be beneficial for Tesla to have design, engineering and manufacturing at the same site.  Currently, Tesla’s design happens in Hawthorne (LA), engineering in Palo Alto (Silicon Valley), and manufacturing in Fremont (East SF Bay area).  Having all three departments under the same roof outside Berlin could streamline some processes for whatever product line Tesla decides to build there.

Or, perhaps, the announcement was more about shoring up public opinion.  Musk announced the design center as part of a flurry of statements regarding Tesla’s Gigafactory 4 project just outside Berlin.  Musk is now referring to the project as “Giga Berlin.”

The project has been moving along with Tesla signing the purchase contract for the land they’ll be building the factory on last week.  Initial construction of an access road has started, and site exploration has begun.  This week several unexploded WWII bombs were unearthed on the site.

But the main public concerns about the gigafactory project involve the environmental impact of construction there.  A forest will be cut down to make room for the factory, an endangered species of bat needs to be relocated, and there are some concerns about water usage as the site is in a drinking water protection area.

Musk stated tonight that the factory will “absolutely be designed with sustainability and the environment in mind” and that Tesla’s requested water usage numbers represent a “rare peak” and not the factory’s actual average daily usage.  He further said “Giga Berlin will build sustainable energy vehicles using sustainable energy, so net environmental impact will be extremely positive”.

Musk also reiterated that the forest the factory will be built on was originally planted as a tree farm for cardboard, and that Tesla intends to plant three times as many trees as they cut down anyway.

If those points weren’t enough to allay the concerns of locals about the impact of the site, perhaps Musk floated the possibility of Tesla designing and engineering cars in Germany to further turn public opinion more favorable towards their Gigafactory project.

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2020-01-25 06:23:00Z
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Jeff Bezos has bigger problems than his phone getting hacked - CNN

Jeff Bezos got his phone hacked, perhaps by Saudi Arabia. But that might be the least of his problems.

Amazon (AMZN) is facing a host of calls from both Republicans and Democrats for stricter regulation of the company and perhaps an antitrust investigation.

The company is embroiled in a legal battle against the United States after the Trump administration passed over Amazon Web Services for a $10 billion cloud computing contract called JEDI.

And Amazon's holiday season was shortened by a later-than-usual Thanksgiving. It's expected to post relatively lackluster fourth-quarter earnings growth.

Wall Street analysts expect Amazon's sales to have grown 17% last quarter, according to a survey by Refinitiv. That'd be good for most companies, but far less than the 35% average growth Amazon posted over the past four years in the holiday quarter.

Despite Amazon's strong online sales during the holidays, some analysts remain concerned that the overall quarter might have been lighter than usual (See: Target's considerably worse-than-expected holiday quarter.)

Profit growth from Amazon's enormous cloud operation has also slowed. "Meh" earnings for Amazon would cap off a particularly bad stretch for the company.

Microsoft's victory (for now, anyway, pending a trial) in attaining the JEDI contract puts the company "in the catbird's seat to get more of these complex workloads" in the future, according to Dan Ives, analyst at Wedbush Securities.

Meanwhile, the bad news continues to pile up for Bezos & Co.

"We expect the antitrust rhetoric to reach deafening levels during this Presidential election year, while Amazon's relationship with the White House remains the most precarious within Big Tech," said Brian White, internet and software analyst at Moness Crespi Hardt in a note to investors this week.

Waning optimism about the American labor market

The American labor market is chugging along, adding hundreds of thousands of new jobs each month. Other indicators are positive too: The number of people filing for unemployment benefits remains historically low, as does the unemployment rate.

But economic growth in the United States is expected to slow in 2020 compared to last year, and that somewhat weaker forecast is starting to feed through into hiring expectations.

Just over half — 51% — of companies plan to hire new workers this year, according to a recent survey conducted by Challenger, Gray & Christmas, an outplacement firm. That's down from 55% that said at the end of 2018 they would be adding heads in 2019.

Although that's far from dreadful, it's a sign that companies are less optimistic about the economy this year. More than 18% of companies surveyed reported that economic fears and soft demand would hurt their ability to hire, up from 9% a year earlier.

"We are seeing some indicators, such as slow-growing wages, an increase in job cuts, and an exodus of CEOs, that may portend rough waters ahead," said Andrew Challenger, the firm's vice president.

Economists remain bullish on the US economy, but weakness in American factories because of the trade war has proven detrimental to growth.

"It is not a exaggeration to say this is the strongest labor market in history, however, economic growth continues to slow and let's not forget that manufacturing is in a recession," said Chris Rupkey, chief financial economist at MUFG.

Somewhere, Elizabeth Warren is smiling

Thursday was a good day for proponents of Wall Street reform.

Goldman Sachs CEO David Solomon announced that the firm wouldn't take any companies public unless they had at least one woman on the board. By next year, Goldman will up its requirements to two women. Diversity is a good moral goal, but Solomon offered a business rationale for the decision: Companies with women on their boards have outperformed companies with all-male boards, he said.

Later Thursday, the US Office of the Comptroller of the Currency fined eight former Wells Fargo executives a total of nearly $60 million in connection with the banks accounts and sales scandals. Former CEO John Stumpf agreed to a lifetime ban from the banking industry and a $17.5 million fine for his role in the misconduct.

Advocates for bank reform, most notably Democratic presidential candidate and US Senator Elizabeth Warren, have long sought punishment for Wells Fargo executives and for bank leadership to be more inclusive. On Thursday, they got a double win.

American Express and Ericsson report earnings before US markets open.

Also today: US Purchasing Managers' Index data arrives for January, providing fresh evidence on the health of the US manufacturing and services sectors.

Coming next week: The Federal Reserve is expected to stay on hold, but the Bank of England could cut interest rates ahead of the UK's departure from the European Union.

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2020-01-24 12:00:00Z
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John Stumpf: Ex-Wells Fargo boss pays $17.5m to settle charges - BBC News

Former Wells Fargo chief executive John Stumpf is to pay $17.5m (£13.3m) to settle charges over the bank's fake accounts scandal.

He was also banned from working in the financial industry "in any manner" for life.

It's a rare example of a top banking executive being personally punished for failing to stop misconduct.

The charges came after it was revealed that millions of fake bank accounts had been set up to meet sales targets.

In August 2017, the lender said up to 3.5 million accounts may have been created for customers without their permission.

The accounts were created over a period of eight years.

Mr Stumpf's lifetime ban is more severe than anything faced by financial industry executives in the wake of the 2008 financial crisis.

The Office of Comptroller of the Currency - the administrator of the federal banking system - also said it had settled with two other former executives, and announced charges against five other former officials.

When Mr Stumpf left the bank after the scandal was first revealed in 2016 he came under attack from Massachusetts senator - and now Democrat presidential hopeful - Elizabeth Warren on Twitter.

At the time it was reported that he had walked away from the bank with $130m.

In response to the ruling, Wells Fargo's chief executive Charlie Scharf wrote to employees saying: "At the time of the sales practices issues, the company did not have in place the appropriate people, structure, processes, controls, or culture to prevent the inappropriate conduct.

"This was inexcusable. Our customers and you all deserved more from the leadership of this company."

It's the latest regulatory blow to the troubled company.

In 2018 Wells Fargo was fined a record $1bn by two US regulators to resolve investigations into car insurance and mortgage lending breaches.

The penalties were imposed by the Consumer Financial Protection Bureau (CFPB) and the Office of the Comptroller of the Currency.

In addition to the fine, the bank was also ordered to reimburse customers.

Both regulators said Wells Fargo agreed to settle without admitting any wrongdoing.

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2020-01-24 12:15:21Z
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John Stumpf: Ex-Wells Fargo boss pays $17.5m to settle charges - BBC News

Former Wells Fargo chief executive John Stumpf is to pay $17.5m (£13.3m) to settle charges over the bank's fake accounts scandal.

He was also banned from working in the financial industry "in any manner" for life.

It's a rare example of a top banking executive being personally punished for failing to stop misconduct.

The charges came after it was revealed that millions of fake bank accounts had been set up to meet sales targets.

In August 2017, the lender said up to 3.5 million accounts may have been created for customers without their permission.

The accounts were created over a period of eight years.

Mr Stumpf's lifetime ban is more severe than anything faced by financial industry executives in the wake of the 2008 financial crisis.

The Office of Comptroller of the Currency - the administrator of the federal banking system - also said it had settled with two other former executives, and announced charges against five other former officials.

When Mr Stumpf left the bank after the scandal was first revealed in 2016 he came under attack from Massachusetts senator - and now Democrat presidential hopeful - Elizabeth Warren on Twitter.

At the time it was reported that he had walked away from the bank with $130m.

In response to the ruling, Wells Fargo's chief executive Charlie Scharf wrote to employees saying: "At the time of the sales practices issues, the company did not have in place the appropriate people, structure, processes, controls, or culture to prevent the inappropriate conduct.

"This was inexcusable. Our customers and you all deserved more from the leadership of this company."

It's the latest regulatory blow to the troubled company.

In 2018 Wells Fargo was fined a record $1bn by two US regulators to resolve investigations into car insurance and mortgage lending breaches.

The penalties were imposed by the Consumer Financial Protection Bureau (CFPB) and the Office of the Comptroller of the Currency.

In addition to the fine, the bank was also ordered to reimburse customers.

Both regulators said Wells Fargo agreed to settle without admitting any wrongdoing.

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2020-01-24 10:20:49Z
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John Stumpf: Ex-Wells Fargo boss pays $17.5m to settle charges - BBC News

Former Wells Fargo chief executive John Stumpf is to pay $17.5m (£13.3m) to settle charges over the bank's fake accounts scandal.

He was also banned from working in the financial industry "in any manner" for life.

It's a rare example of a top banking executive being personally punished for failing to stop misconduct.

The charges came after it was revealed that millions of fake bank accounts had been set up to meet sales targets.

In August 2017, the lender said up to 3.5 million accounts may have been created for customers without their permission.

The accounts were created over a period of eight years.

Mr Stumpf's lifetime ban is more severe than anything faced by financial industry executives in the wake of the 2008 financial crisis.

The Office of Comptroller of the Currency - the administrator of the federal banking system - also said it had settled with two other former executives, and announced charges against five other former officials.

When Mr Stumpf left the bank after the scandal was first revealed in 2016 he came under attack from Massachusetts senator - and now Democrat presidential hopeful - Elizabeth Warren on Twitter.

At the time it was reported that he had walked away from the bank with $130m.

In response to the ruling, Wells Fargo's chief executive Charlie Scharf wrote to employees saying: "At the time of the sales practices issues, the company did not have in place the appropriate people, structure, processes, controls, or culture to prevent the inappropriate conduct.

"This was inexcusable. Our customers and you all deserved more from the leadership of this company."

It's the latest regulatory blow to the troubled company.

In 2018 Wells Fargo was fined a record $1bn by two US regulators to resolve investigations into car insurance and mortgage lending breaches.

The penalties were imposed by the Consumer Financial Protection Bureau (CFPB) and the Office of the Comptroller of the Currency.

In addition to the fine, the bank was also ordered to reimburse customers.

Both regulators said Wells Fargo agreed to settle without admitting any wrongdoing.

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2020-01-24 09:16:33Z
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