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☆ 'Huge uncertainty' for investors and economy as Israel's government pushes for controversial reforms
▼ + stars: | 2023-03-01 | by ( Natasha Turak | ) www.cnbc.com time to read: +6 min

Thousands of Israeli protesters rally against Israeli Goverment's judicial overhaul bills in the coastal city of Tel Aviv on February 25, 2023. Gili Yaari | Nurphoto | Nurphoto | Getty ImagesPrime Minister Netanyahu has labeled the protests — which are now approaching their third month — an attempt "to create anarchy" and trigger another election. In short, the proposed judiciary overhaul will severely limit the Israeli Supreme Court's ability to review and strike down laws that it deems unconstitutional. The Knesset — Israel's parliament — voted last week to advance a major part of the reforms. The prime minister himself is currently under investigation on numerous counts of corruption and other charges, meaning he would likely benefit from a weaker judiciary.

☆ Here's an exclusive look at the 21-slide pitch deck Gable, a hybrid workforce management startup, used to raise $12 million in Series A funding from Foundation Capital and SemperVirens
▼ + stars: | 2023-02-28 | by ( Stephanie Palazzolo | ) www.businessinsider.com time to read: +3 min

Gable helps distributed companies manage flexible office spaces for their workforces. The startup connects employees with coworking spaces to book and helps execs manage office budgets. Gable recently raised $12 million in Series A funding, led by SemperVirens and Foundation Capital. Additionally, the startup will launch new products in the upcoming months, including event management and headquarter management tools, she added. Here's an exclusive look at the 21-slide pitch deck that landed Gable $12 million in Series A funding from SemperVirens, Foundation Capital, and others:

☆ Electric-vehicle startup Fisker will begin delivering its flagship SUV this year — see the $37,500 Ocean
▼ + stars: | 2023-02-27 | by ( Tim Levin | ) www.businessinsider.com time to read: +2 min

Fisker reiterated plans on Monday to begin shipping its flagship electric vehicle in 2023. The Ocean SUV will start at $37,499 and offer up to 350 miles in more expensive trims, Fisker says. The 2023 Fisker Ocean. The 2023 Fisker Ocean. The 2023 Fisker Ocean.

☆ DeSantis saw Harvard and Yale degrees as 'scarlet letters' when running for office: book
▼ + stars: | 2023-02-27 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +4 min

DeSantis worried when running for Congress that his Ivy league degrees would work against him. He had been in the Navy after attending Yale and then Harvard Law School, and was concerned voters would be suspicious of his "elite" educational background, he wrote. "I viewed having earned degrees from Yale and Harvard Law School to be political scarlet letters as far as a GOP primary went," DeSantis wrote in the book. In his book, DeSantis credits his extensive door knocking with wife Casey DeSantis for helping him win in a crowded primary. "I am one of very few people who went through both Yale and Harvard Law School and came out more conservative than when I went in," DeSantis said.

☆ Elon Musk has promised self-driving Teslas for years. Experts say it's not even close.
▼ + stars: | 2023-02-26 | by ( Tim Levin | ) www.businessinsider.com time to read: +8 min

Elon Musk has made developing autonomous driving technology one of Tesla's fundamental goals. "Today it's financially insane to buy anything other than a Tesla," Musk said at an event touting the carmaker's autonomous-vehicle development in 2019. That revolutionary software update never came, and by 2022 the goalpost for bringing self-driving cars to the masses had shifted to 2023. Full Self-Driving is far from actually being self-driving, some sayDespite its branding, Tesla's Full Self-Driving Beta currently requires total driver supervision, just like cruise control or smarter features like Autopilot. Likewise, McGehee says self-driving cars need a combination of overlapping sensors — whether that's cameras, radar, lidar, or ultrasonic sensors — to move through the world safely.

☆ Elon Musk calls US media and schools 'racist against whites & Asians'
▼ + stars: | 2023-02-26 | by ( Lora Kolodny | ) www.cnbc.com time to read: +5 min

Tesla Chief Executive Office Elon Musk speaks at his company's factory in Fremont, California. In the video, Adams discussed a poll conducted by right-leaning Rasmussen Reports that said 26% of Black respondents disagreed with the statement "It's OK to be white." In his video, Adams called Black people who rejected that phrase as a "hate group." He then added, "For a *very* long time, US media was racist against non-white people, now they're racist against whites & Asians. Musk claimed that the media coverage is "Very disproportionate to promote a false narrative."

☆ I drove Mercedes-Benz's $135,000 Tesla rival and experienced the electric, screen-filled future of luxury SUVs
▼ + stars: | 2023-02-25 | by ( Tim Levin | ) www.businessinsider.com time to read: +7 min

I drove the 2023 Mercedes-Benz EQS SUV, the brand's first electric SUV for the US market. What the EQS SUV does right: An amazingly luxurious interiorThe 2023 Mercedes-Benz EQS SUV. The 2023 Mercedes-Benz EQS SUV. The 2023 Mercedes-Benz EQS SUV. The 2023 Mercedes-Benz EQS SUV.

☆ 5 times scientists thought they'd maybe discovered signs of extraterrestrial life but sadly didn't
▼ + stars: | 2023-02-23 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +7 min

Extraterrestrial life could exist, but mysterious objects in the sky aren't evidence of aliens. Scientists have thought they were close to discovering alien life a few times — none of it via UFOs. As the US discovered a flurry of UFOs — officially called "unidentified anomalous phenomena," or UAPs — in early February, Google searches for "extraterrestrial life" and "are aliens real" spiked. There have been incidents in the past where some researchers thought they'd come close to discovering signs of alien life — or even extraterrestrial intelligence — but none were UFOs. They dubbed the first interstellar object 'Oumuamua, which is a Hawaiian term meaning "a messenger from afar arriving first."

☆ Hyundai's low-cost, long-range sedan is shaping up to be a major pain for Elon Musk
▼ + stars: | 2023-02-22 | by ( Tim Levin | ) www.businessinsider.com time to read: +2 min

For $45,500, buyers can get an impressive 361 miles of range, more than Tesla's Model 3 offers. More importantly, the Ioniq 6 sedan's impressive specs and newly revealed pricing show it's shaping up to be one of the strongest rivals to Tesla's Model 3. The Hyundai Ioniq 6 beats the Tesla Model 3's range. By comparison, the $42,990 Model 3 promises 272 miles of range, while the more expensive Long Range model is rated for 358, just shy of the Hyundai's max. The Hyundai Ioniq 6.

☆ I drove Mercedes-Benz's first electric SUV for the US and was blown away by its luxurious interior — see inside the $107,000 EQS SUV
▼ + stars: | 2023-02-22 | by ( Tim Levin | ) www.businessinsider.com time to read: 1 min

My test vehicle also came with a handy head-up display, which not only projected my speed onto the windshield but also indicated when another car was in one of my blind spots and displayed my proximity to nearby objects while parking. The 2023 Mercedes-Benz EQS SUV. Tim Levin/Insider

☆ There needs to be crypto regulation to protect 'good players,' says blockchain data firm
▼ + stars: | 2023-02-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere needs to be crypto regulation to protect 'good players,' says blockchain data firmJonathan Levin of Chainalysis discusses the need for legislation and regulation around cryptocurrency to ensure a safe environment for consumers and investors.

☆ After driving 22 electric cars, these are the 3 I'd steer clear of
▼ + stars: | 2023-02-19 | by ( Tim Levin | ) www.businessinsider.com time to read: +4 min

I've gotten behind the wheel of 22 different electric vehicles. I've enjoyed most of them, but I'd steer clear of three EVs if I was in the market for one. The GMC Hummer EV, Nissan Leaf, and ElectraMeccanica Solo have their pros, but they don't fit my personal needs. While my experiences have overall been positive, three vehicles stand out as ones I'd steer clear of. 2023 Nissan Leaf.

☆ Protests stay strong in Israel as govt forges ahead with judicial changes
▼ + stars: | 2023-02-18 | by ( ) www.reuters.com time to read: +2 min

[1/4] People hold Israeli flags during a protest against Israel's Prime Minister Benjamin Netanyahu's new right-wing coalition and its proposed judicial changes to reduce powers of the Supreme Court in Tel Aviv, Israel February 18, 2023. The marches have attracted huge crowds on a weekly basis since early January, when Prime Minister Benjamin Netanyahu's government took aim at the Supreme Court. "Here I am, in my armor and my shield, doing my best," said Daniel Guytsabary, 28, amid a crowd that filled a Tel Aviv thoroughfare. Proponents say the Supreme Court needs to be reined in from overreaching into the political sphere. "I'm determined to complete the legislation," Justice Minister Yariv Levin said in an interview with Channel 13 on Saturday.

☆ Elon Musk wants Tesla to be the biggest car company ever by 2030. Experts say there's no way.
▼ + stars: | 2023-02-18 | by ( Tim Levin | ) www.businessinsider.com time to read: +5 min

Elon Musk wants Tesla to sell 20 million electric cars in 2030. Another lofty goal that the billionaire entrepreneur has kicked around: Sell at least 20 million Teslas in 2030, effectively transforming the young firm into the largest car manufacturer the world has ever seen. Last year, Tesla delivered a record 1.3 million cars, making it the leader in electric-vehicle sales. Indeed, if you ask Musk, Tesla isn't merely a carmaker, but rather a tech company that could soon be worth trillions more than Apple. Even if it managed to crank out 20 million cars, Musk's firm would still need to find buyers for them, which isn't a given.

☆ Ousted Tesla cofounder Martin Eberhard sounds off on Elon Musk, how the company has changed, and the EV wars
▼ + stars: | 2023-02-18 | by ( Grace Kay | ) www.businessinsider.com time to read: +17 min

But Eberhard and Musk butted heads, and Musk ousted Eberhard from his CEO role in 2007. Musk said that Eberhard was holding up production of Tesla's first car, the Roadster, and that Eberhard was responsible for other operational issues. And the proof is for the first time ever in decades we built a car company successfully. "His behavior changed dramatically as soon as we started having press about Tesla," Eberhard said. Musk has said the company "is as much a software company as it is a hardware company."

☆ Driving electric SUVs from Tesla, Kia, and Hyundai showed me why the Korean brands are gaining on Elon Musk
▼ + stars: | 2023-02-18 | by ( Tim Levin | ) www.businessinsider.com time to read: +4 min

The Kia EV6 and Hyundai Ioniq 5 are some of the trendiest new electric vehicles challenging Tesla. The trendy Korean SUVs are stylish, fun, and technologically advanced — and are making trouble for Tesla's Model Y. The 2022 Hyundai Ioniq 5. The 2022 Kia EV6. The Tesla Model Y. Tim Levin/InsiderPlus, they drive greatThe Model Y accelerates like nobody's business and takes turns like a sports car.

☆ These are the 10 best cars for every budget from Toyota, Ford, and Tesla
▼ + stars: | 2023-02-17 | by ( Tim Levin | ) www.businessinsider.com time to read: +4 min

The best cars you can buy include the Toyota Corolla, Ford Maverick, Hyundai Santa Fe, and Tesla Model 3. Under $25,000:Toyota Corolla HybridThe 2022 Toyota Corolla Hybrid. Toyota Corolla CrossThe 2022 Toyota Corolla Cross. $35,000-$45,000:Hyundai Santa Fe HybridThe Hyundai Santa Fe Hybrid. Doug Berger/NWAPAThe Kia Telluride has earned its place among Consumer Reports' Top Picks since its debut in 2020.

"The amount of energy BEVs need is so enormous that I see a strain on our grid that ultimately it can't fulfill." Daimler Truck will invest up to 15 billion euros ($16 billion) on fuel cells over the next decade, Daum said. Symbio, which supplies fuel cells for Stellantis vans, expects global fuel cell vehicle sales to reach 2 million units annually by 2030 and wants a 10% share. Both General Motors (GM) (GM.N) and Toyota (7203.T) are testing fuel cells for larger vehicles including semi-trucks and trains to build scale and lower costs. While Volkswagen is not currently investing in fuel cells, it has hundreds of patents around the technology.

☆ Kia's new electric SUV is the stylish, super-quick competitor of Elon Musk's nightmares — but it has one big downside
▼ + stars: | 2023-02-16 | by ( Tim Levin | ) www.businessinsider.com time to read: +4 min

The 2023 EV6 GT Kia lent me came out to roughly $63,000, including a destination fee. The 2023 Kia EV6 GT. The 2023 Kia EV6 GT. The 2023 Kia EV6 GT. Our impressionsThe 2023 Kia EV6 GT is a unique, adrenaline-inducing ball of energy that makes you feel outrageously cool while behind the wheel.

☆ We have the opportunity to grow profit in a meaningful way this year, says Joey Levin
▼ + stars: | 2023-02-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe have the opportunity to grow profit in a meaningful way this year, says Joey LevinCNBC's Julia Boorstin talks to Joey Levin, IAC CEO, to discuss his company's earnings.

☆ Ram's electric rival to the Ford Lightning and Tesla Cybertruck is coming next year — see the 1500 REV
▼ + stars: | 2023-02-14 | by ( Tim Levin | ) www.businessinsider.com time to read: 1 min

But the REV has plenty of regular buttons, knobs, and switches, too, which traditional truck buyers will surely appreciate. The Ram 1500 REV electric pickup truck. RamRead more: These are the 15 most reliable car brands in 2023

☆ Explainer: Uproar over Israel judicial changes - what's it all about?
▼ + stars: | 2023-02-13 | by ( ) www.reuters.com time to read: +3 min

Many among Israel's right-wingers say the Supreme Court is left-leaning, elitist and overreaches into the political sphere, while often putting minority rights before national interests. The government has been pushing for changes that would limit the Supreme Court's powers to rule against the legislature and the executive, while giving lawmakers decisive powers in appointing judges. Critics fear Netanyahu wants to leverage the judicial push to freeze or cancel his trial, which he has denied. The left-wing opposition also says his nationalist allies want to weaken the Supreme Court to establish more settlements on land the Palestinians seek for a state. Some of the coalition's proposed changes now sit with the Knesset's plenum, where they await a first reading out of three needed to be written into law.

☆ Biden urges consensus in Israel on judiciary plans as protest mounts
▼ + stars: | 2023-02-12 | by ( ) www.reuters.com time to read: +2 min

JERUSALEM, Feb 12 (Reuters) - U.S. President Joe Biden has called for wide agreement to be reached in Israel on sweeping changes to the judiciary pushed by Prime Minister Benjamin Netanyahu's hard-right government which have sparked nationwide protests. Israel's parliament may on Monday begin the legislation process of the judicial overhaul, which would increase the government's sway in selecting judges while weakening Supreme Court power to strike down laws or rule against the executive. Building consensus for fundamental changes is really important to ensure that the people buy into them so they can be sustained." He was referring to a Supreme Court ruling on Friday instructing Netanyahu and his government to submit a response to a petition demanding the premier be declared incapacitated over his legal situation. Many legal experts, economists and former security and economic officials, who include Netanyahu confidants and appointments, have come out against the government's judicial plans.

☆ Hyundai launches 'no commitment' electric vehicle monthly subscription – here's why it's different from leasing
▼ + stars: | 2023-02-12 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

The subscription program will allow users to rent an electric car for as low as $699 per month. The South Korean car manufacturer announced the start of its Evolve+ electric vehicle subscription service at the 2023 Chicago Auto Show on Thursday. The Evolve+ app is available on the Google Play store and the Apple App Store. It's also advertised as a way to test out an electric vehicle with no long-term commitment. "Evolve+ gives our customers the opportunity to try an electric vehicle and see if it is right for their lifestyle.

☆ Tesla owners reveal the best and worst features of their cars, and what they really think of Elon Musk
▼ + stars: | 2023-02-11 | by ( Tim Levin | ) www.businessinsider.com time to read: +7 min

Insider spoke with more than a dozen Tesla owners to learn what they like most and least about their cars. We talked to more than a dozen Tesla owners to find out what they like most about their cars — and what they think needs improvement. Since electric cars don't experience the same acceleration lag as gas vehicles, Teslas jolt forward the instant you put your foot down. Con: Stiff rideSome Model 3 and Y owners told Insider their cars are too stiff and jittery over bumpy pavement. Tim Levin/InsiderOver and over, Tesla owners praised the company's extensive network of fast chargers, which is exclusive to Tesla owners in the US.

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