It’s Over Over, EV Makers Fighting For Life, AI Leadership Shuffle

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As we start off what will certainly be a busy holiday week, we tie up a few loose ends around the UAW strike. We also talk about some EV maker’s attempts to jolt waning consumer demand, as well as a big shakeup in AI leadership. 

• Some expected, but important news broke late last Friday, and we’d be remiss if we didn’t at least mention it after extensively covering the UAW strike for the better part of the last three months: the Ford and Stellantis contracts have reached the number of votes needed to pass the contract. It’s over, over. 
  • Both companies supposedly passed the measure with strong support of 68% 

• As EV demand has had a highly publicized demand drop among consumers, we are seeing many, highly invested companies adjust plans and make moves to bring EV demand to life.
  • Vietnamese EV maker VinFast is hoping to get customers over the hurdle of buying from a new company by promising to pay consumers directly if they have service issues.  
    • Repairs are categorized into three types: minor inconveniences like hvac, cameras, etc ($100), inoperable vehicle issues like regenerative braking, safety functions, etc ($300)
• Tesla has decided to lift its ban on resale of their much anticipated Cybertruck ahead of their ‘delivery event’ scheduled for November 30th where the company will be delivering a reported 10 vehicles
  • The 10 unit delivery event was confirmed by a company executive. This limited delivery, following years of anticipation and delays, marks the initial phase of the Cybertruck's launch, with Tesla expected to gradually increase production towards a target of 5,000 units per week by 2025

• Microsoft has recruited ex-OpenAI CEO Sam Altman as well as President Greg Brockman as Altman was abruptly ousted as CEO from OpenAI, the company he co-founded and the creator of ChatGPT. After the announcement, Brockman resigned in protest. 
  • According to CNN contributor Kara Swisher, who cited sources familiar with the situation, the crisis at OpenAI was significantly fueled by a divide between Sam Altman's push for rapid AI development and the board members' preference for a more measured approach.

(00:00:00) Intro

(00:01:38) MTC Mashup Event

(00:03:56) UAW Talks Near End

(00:05:40) VinFast will pay direct for defect repairs

(00:09:01) Tesla to lift ban on Cybertruck resale

(00:11:05) Microsoft hires Sam Altman, former CEO of OpenAI

Hosts: Paul J Daly and Kyle Mountsier

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