“I know you’re a big fan of the AI,” Trump said, “and I have to say that AI, and this is shocking to me, but AI requires twice the energy that the country already produces for everything.”
But rather than take the bait, Musk swerves hard back to inflation. Not sure if we’ll get back there, but anything is possible.
The aviation startup said it would launch an “air mobility network” in Los Angeles to combat the city’s notorious congestion. Vertiports, where Archer’s Midnight eVTOL aircraft will takeoff and land, are being planned for LAX, Orange County, Santa Monica, Hollywood Burbank, Long Beach, Van Nuys, and the University of California. If the company can get the proper approvals from the FAA, service will launch in early 2026.
Today was supposed to be the day we got our first glimpse of Tesla’s much-hyped (but probably not fully operational) robotaxi. Instead, the event was pushed to October after Tesla CEO Elon Musk ordered some design changes to the prototype. Of course, as many theorized, the event was likely little more than a distraction from the company’s declining sales. And reports from the field of Tesla owners using Full Self-Driving don’t inspire much hope about the robotaxi’s near term viability.
