Apple, Tesla Core Supplier Tata Electronics Confirms Data Breach; Over 630GB of Files Sold by Hackers

Apple, Tesla Core Supplier Tata Electronics Confirms Data Breach; Over 630GB of Files Sold by Hackers

Tata Electronics, an Indian electronics and semiconductor manufacturer and a core supplier to several tech giants, including Apple and Tesla, has confirmed a data breach weeks after a batch of documents allegedly originating from the company appeared on hacker forums. The post on the hacker forum claimed to possess over 630GB of data allegedly stolen…

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Tesla Raises Capital Expenditure Forecast to $25 Billion

Tesla Raises Capital Expenditure Forecast to $25 Billion

Despite unexpectedly delivering positive free cash flow in the first quarter of this year, Tesla CEO Elon Musk still anticipates a significant increase in Tesla’s future capital expenditures. According to a Reuters report, Musk mentioned in an analyst conference call that Tesla will significantly increase its investment, and capital expenditures will also increase significantly. “Given…

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