Prepares

Elon Musk faces skeptics as Tesla prepares to unveil 'Optimus' robot

Elon Musk faces skeptics as Tesla prepares to unveil ‘Optimus’ robot

SAN FRANCISCO, Sept 20 (Reuters) – Tesla (TSLA.O) chief executive Elon Musk has blamed overreliance on factory robots for sending the electric car maker into “the production hell” four years ago, claiming that humans are better at certain jobs. My, how times have changed. Musk’s Texas-based company is now proposing ambitious plans to deploy thousands …

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CFTC Prepares to Step up Oversight of Crypto Market — Says Many Digital Assets Are Commodities

CFTC Prepares to Strengthen Crypto Market Oversight – Says Many Digital Assets Are Commodities – Regulation Bitcoin News

The Commodity Futures Trading Commission (CFTC) has shared with Congress its plans to regulate the crypto market with “full oversight capabilities” if the Digital Consumer Protection Bill becomes law. The regulator claims to have the necessary experience and expertise and believes that “many digital assets constitute commodities”. Meanwhile, SEC Chairman Gary Gensler has insisted that …

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