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SEC Is Investigating Tesla Self-Driving Claims

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Tesla CEO Elon Musk is currently being investigated by the U.S securities and exchange commission over false self-driving claims.

SEC’s recent move against Tesla is to determine whether the automaker promoted false capabilities of its FSD and Autopilot offering in a video posted on its website.

Recall that earlier this month, a former senior engineer at Tesla, Ashok Elluswamy who worked on its autopilot software, revealed that a video that was posted by Tesla on its website in 2016, showcasing one of its vehicle driving itself was fake.

The video which carried the tag line, “The person in the driver’s seat is only there for legal reasons. He is not doing anything. The car is driving itself”, was used by Tesla as an evidence to showcase its vehicle drives itself by relying on its many built-in sensors and self-driving software.

In Ashok’s July deposition, which was used as evidence in a lawsuit against Tesla for a fatal 2018 crash involving former Apple engineer Walter Huang, he disclosed that Musk wanted the Autopilot team to record a demonstration of the system’s capabilities.

He further stated that the video was created using 3D mapping on a predetermined route from a house in Menlo Park, California, to Tesla’s office in Palo Alto, adding that Drivers had to intervene to take control during test runs, and the scenes that were left on the cutting room floor included the test car crashing into a fence in Tesla’s parking lot when trying to park itself without a driver.

Meanwhile Tesla’s CEO Musk promoted the video at that time, tweeting Tesla vehicles require “no human input at all” to drive through urban streets to highways and eventually to find a parking spot.

Based on the SEC investigation, we could see lawsuits or other consequences for Musk, including limitations on his future activity as an officer of a public company if they choose to pursue enforcement of any violations they find.

Meanwhile, Tesla has on several occasions faced litigation for multiple fatal crashes involving its Autopilot system. Its driver-assist technologies, Autopilot and “full self-driving” have been investigated by the National Highway Traffic Safety Administration following reports of unexpected braking that occurs “without warning, at random, and often repeatedly in a single drive.”

According to regulators, Tesla vehicles running its Autopilot software were involved in 273 reported crashes in 2021. Meanwhile, in Tesla’s fourth quarter (Q4) report in 2021, it disclosed that it recorded one crash for every 4.35 million miles driven in which drivers were using Autopilot technology. For drivers who were not using Autopilot technology, it recorded one crash for every 1.52 million miles driven.

Tesla’s Autopilot is a suite of systems that allows drivers to cede physical control of their electric vehicles, although they must pay attention at all times.

The vehicles can maintain speed and safe distance behind other cars, stay within their lane lines and make lane changes on highways. An expanded set of features, called the “Full Self-Driving” beta, adds the ability to maneuver city and residential streets, halting at stop signs and traffic lights, and making turns while navigating vehicles from point to point.

We’re Updating Tekedia Startup Masterclass Curriculum and all Tekedia Programs

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You spoke and we listened: innovators and builders want Tekedia Startup Masterclass expanded*. I am happy to note that from Monday, you will see new modules and courses. Tekedia Startup Masterclass: from Start-Up to Unicorn is designed to help founders, entrepreneurs, and those generally working in the startup ecosystems, to master the mechanics of building category-king startups. Besides pre-recorded courses, the program includes a live Zoom session with me.

This is our fastest growing product. It helps people with ideas anywhere to understand how to BUILD in Africa.  I invite you to become a master of business by attending Tekedia Startup Masterclass. Cost is N180,000 or $400. Begin here .

*All Tekedia Institute programs, including Tekedia Mini-MBA, are being revamped and updated; the new curricula will go live on Monday. We do this yearly, making sure courses are relevant and fresh.

The No PVC No entry charade is illegal and unconstitutional in Nigeria

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During this political moment, we have got to see a lot of political agitations and shows of patriotism by citizens in their quest to participate in a peaceful change of government in the upcoming general elections.

We have heard some priests telling their congregation that anyone that does not have his or her PVC will not be given the holy communion; I as well saw a video some time ago of a priest asking the congregation to present their PVCs before they can be given the holy communion in church; although I am yet to verify the authenticity and the source of that video.

Entertainers have been heard on numerous occasions, especially when they are organizing free concerts saying that the gate pass that attendees will be expected to present at the gate before they can be granted entry into the concert is their PVC; No PVC, No Entry. 

All these acts targeted to persuade citizens to acquire their voters’ cards are understandable and commendable but we should not use this as a medium to enforce illegality and promote harassment of individuals for the sake of the PVCs. There should be a limit to the joke.

This no PVC no entry started like a political joke which a lot of us commended but it is getting out of hand now.  It has been taken to another level and has been taken too far.

My attention was recently drawn to a video of some people being denied access or entry to public places like markets because they could not provide or show their PVC at the gate. In that video, market men and women were denied access to the market shops and restricted from going about their daily business because they could not present their pvc at the gate.

Imagine doctors telling patients to present their pvc before they will be attended to, imagine supermarkets or restaurants asking patrons to present their pvc before they will be attended to, and imagine being denied entry into public transport because you do not have your pvc? 

Where does it stop? 

I am raising my voice against it now because Nigerians tend to take things too far and if everyone keeps quiet they will overdo it until it leads to chaos and disorderliness.

This new enforcement in some public areas and marketplaces that if you are not in possession of your pvc you will not be allowed to enter the public arena or open your shop is arbitrary, illegal and unconstitutional and it needs to stop now, even if it is a joke. This is a joke taken too far. 

As much as citizens are encouraged to go get their pvc so as to be able to exercise their civic rights, taking it extra by making it enforceable is unconstitutional. You dare not restrict citizens’ constitutional-provided fundamental human rights because of political exercise; the franchise itself is a fundamental human right which you are at liberty to choose to exercise or not to exercise. Not voting or choosing not to vote is not a crime nor is it illegal. Some religions like the Jehovah’s Witness prohibit their members from actively or invectively participating in electoral processes, so subjecting other people or enforcing them to join in the electoral charade is unconstitutional and therefore actionable.

Freedom of movement of citizens is constitutional and legal and restricting or denying citizens their rights of entry into a public place or their rights to go about their daily business or subjecting them to incessant harassment just because they do not have a pvc is illegal and it should be stopped.

 

Big Eyes Coin Sees Huge Success During The Presale Stage While Competing With Well-known Crypto Coins Like Internet Computer And Tron

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The demand for cryptocurrencies is on the rise. New cryptocurrencies are being released every day. Crypto traders are looking for innovative, wealth-creating, and amazing opportunities. Big Eyes Coin (BIG), Internet Computer (ICP), and Tron (TRX) are three cryptocurrencies that have great potential to give massive profits to their users.

Big Eyes Coin (BIG): Improving Global & Ocean Ecosystem

Big Eyes Coin (BIG) is a new meme cryptocurrency that has gathered a mass of big communities quickly. The project is Ethereum-based and has the potential to shift wealth from the traditional banking system to the DeFi world. Big Eyes Coin (BIG) has a total coin supply of 200 billion coins. The coins will be distributed for different purposes in the future. 80% of the token will be available on presale, and 5% will be donated to ocean-preserving charity organizations.

Lastly, the coin has raised more than $11 million in the presale stage and is expected to go up to $50 million. Big Eyes Coin (BIG) will work in the DeFi and NFT. It will allow users to use BIG Token for transactions like staking, yield farming, and provision across the DeFi space. In addition, the team will launch an exclusive NFT collection that will be in the top 10 NFT collections in the future. The NFT will be called “NFT Sushi Crew Club,” allowing users to participate if they are Big Eyes Coin (BIG) token holders.

Additionally, you can use the code Ocean512 at checkout.

Internet Computer (ICP) – Decentralized Blockchain Network

Like the internet, a decentralized platform uses blockchain technology to enable networks to run thousands of computers. In addition, it enables websites and applications on platforms to be more transparent and open-source. The protocol is intended to provide a “limitless” environment for smart contracts and other decentralized applications to run at web speed. Internet Computers (ICP) aims to shift control from technology giants like Google and Amazon, giving power back to users and developers. Smart contracts on this platform are called canisters, each consisting of a bundle of WebAssembly bytecode and smart contract data storage.

Every single canister owns data storage which only changes when the canister executes code. Based on decentralized concepts and tools, Internet Computer (ICP) is used as a fundamental layer of the network, making it possible for independent data servers worldwide to combine the power of computers and help create a seamless network. This platform also provides the functionality of innovative blockchain, which includes Ethereum but with fewer scalability burdens.

TRON (TRX) – Largest Blockchain Based Operating Systems

Decentralized entertainment & content – sharing protocol, which uses blockchain and peer-to-peer (P2P) technology. This open-source, layer-one blockchain hosts smart contracts and hosts decentralized applications while offering Tron Virtual Machine (TVM) where developers can build dApps. This platform’s architecture consists of three layers: application, Core, and Storage. TRON’s (TRX) unique features include Delegated PoS consensus algorithm with unique token standards which support a few different types, including NFTs and an ecosystem of dApps.

This protocol uses delegated Proof-of-Stake (DPoS) to verify transactions and reach a consensus. PoS and DPoS require users to lock their token as a ”stake” in the network. DPoS follows a voting process to provide validation rights and allows users to vote & elect “super representatives” to secure the network on their behalf. Apart from super representatives, three nodes handle different functions: the Witness node, full node, and solidity node.

For more information on Big Eyes Coin (BIG), you can visit the following links:

Presale: https://buy.bigeyes.space/

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

IOTA (MIOTA), Avalanche (AVAX), and BudBlockz (BLUNT) are the Coins to Consider for High Growth Potential

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The cryptocurrency market drew millions of new investors and traders in 2022. Many new tokens have been launched to compete with well-established crypto assets and benefit early investors. But you need to think out of the box and pick tokens with high growth potential; you can also diversify the portfolio and reduce the risk of huge losses. IOTA ($MIOTA), Avalanche ($AVAX), and BudBlockz ($BLUNT) promise better returns than top crypto assets. Learn more about these tokens below to diversify your portfolio and register potentially huge gains in 2023.

>> BUY BUDBLOCKZ TOKEN NOW <<<

BudBlockz: Providing Secure Access to the Global Cannabis Market

Cannabis is widely consumed across the globe. People rely on unreliable sources to acquire this product because it is still illegal in many regions. Since many countries have decriminalized this product, the demand for trusted cannabis suppliers is increasing. The global cannabis market may hit the $176.5 billion mark in 2030. Experts have predicted a compound annual growth rate of 23.9% for marijuana products.

A few large corporations control the supply of cannabis products in countries such as the USA. BudBlockz is the new decentralized platform that aims to break the monopoly of such corporations. It will operate as an online e-commerce platform for trading cannabis. It may draw millions of cannabis enthusiasts and grow rapidly to become a major cryptocurrency project.

Built to Benefit Cannabis Enthusiasts and Budding Investors

Cannabis enthusiasts consistently search for high-quality products. They usually rely on local dealers who may sell poor-quality products. Such products can be pretty harmful and expensive.

BudBlockz is offering a better way of accessing top-quality cannabis products. Verified and eligible users can access this platform to source top products from global markets. BudBlockz will provide logistics support, data security, and other required solutions to access the best marijuana products.

The demand for cannabis will likely skyrocket as more states decriminalize cannabis consumption. BudBlockz is offering cryptocurrency investors an opportunity to make a profit with growing demands. It has launched the $BLUNT cryptocurrency to provide liquidity within the ecosystem. More users will need this token to access the best products and the NFT marketplace. Thus, $BLUNT’s market price will increase, and early investors can make a huge profit.

Why is the $BLUNT Token a Reliable Alternative to Other Altcoins?

BudBlockz will become famous as the first decentralized marketplace to purchase cannabis and invest in cannabis businesses. This platform has revealed plans to establish farms and dispensaries to produce the best products and sell them across the globe.

The $BLUNT token provides entry into the BudBlockz NFT marketplace. Users who wish to invest in BudBlockz projects must buy and hold its NFTs. Thus, the $BLUNT token may quickly become a popular crypto asset and benefit many investors.

>> BUY BUDBLOCKZ TOKEN NOW <<<

IOTA: Reengineered Decentralized Technology to Facilitate a Safer Exchange of Data and Value

Iota provides an open, scalable, and feeless distributed ledger to exchange value and data. There are no blocks to mine, and therefore there are no miners. Users need to validate two other transactions to confirm a transaction. It saves the cost of validating transactions and prevents scalability limitations of the network. IOTA is a great alternative to networks that charge high gas fees for each transaction. The $MIOTA token facilitates value exchange on the IOTA network. Considering how its value is increasing gradually, more users may join this platform to take advantage of its feeless network. As per reports, IOTA has been ranked among the most reliable protocols because of its low transaction fees and scalability potential. IOTA also has plans to facilitate peer-to-peer energy trading in the future.

Avalanche: A Fast, Affordable, and Eco-friendly Platform to Build and Launch dApps

Avalanche is one of the fastest-growing alternatives to the Ethereum network. It can process up to 6,500 transactions per second, much faster than Ethereum. Promoted as an open and programmable platform, Avalanche allows users to build and launch dApps on Ethereum. Users can also build customized blockchains for their businesses using tools and support offered by Avalanche. The $AVAX token serves as the native cryptocurrency of the Avalanche network. Users need this token to pay transaction fees, claim the staking reward, and for governance purposes. As per reports, game developers on the Avalanche network can access content provided by Ready Player DAO to improve their games. It will help them attract more users through renowned gaming influencers operating across the globe.

BudBlockz is a new cryptocurrency, and its $BLUNT token will be available on major cryptocurrency exchanges soon. Crypto analysts believe that the $BLUNT token may easily become the most valued asset in 2023 as it has many interesting and unique utilities. It could become cannabis enthusiasts’ favorite cryptocurrency in the long term judging from how it facilitates the quick and easy purchases of marijuana products.

Use promo code: BUYBLUNT for a 20% bonus on your purchase. Valid until January 31st.

 

Purchase or learn more about BudBlockz (BLUNT) at the links below:

Official Website: https://budblockz.io/

Presale Registration: https://app.budblockz.io/sign-up

BudBlockz Community Links: https://linktr.ee/budblockz