Motor Authority on the Cars Stealing the Show at CES
Joel Feder, interactive content manager for Motor Authority, discusses which automakers blew him away at CES this year. Driverless cars, electric vehicles, and new interfaces turned the expo into something of an auto show.
Feder says Byton, a new electric car company from former BMW and Mercedes Benz employees, was the talk of the event. Byton is looking to compete with Tesla eventually but is still a few years away.
Lyft unveiled its not-quite-driverless car. The vehicle will be automated but still have a wheel and gas and brake pedals in case a driver is needed.
Paul Miller, certified public accountant and founder of Miller & Company LLP, joined Cheddar News to discuss what electric vehicle owners should know about tax credits and the new rules to qualify for them. "I would definitely make a phone call to your accountant ... to your CPA to ensure that you're getting the credit and it's applicable," he said.
Meta is now allowing teenagers to access its virtual reality app, Horizon Worlds, even as critics of the technology say it could have harmful consequences for mental health. Cheddar News Senior Reporter Michelle Castillo breaks down the announcement.
Elon Musk claimed that artificial intelligence has the potential to cause 'civilization destruction.' The billionaire is currently planning to come out with an AI platform, TruthGPT.
Ten electric or plug-in hybrid vehicles will be eligible for a $7,500 U.S. tax credit, while another seven could get $3,750 under new federal rules that go into effect on Tuesday.