Technology & Innovation - Rivian is investing heavily in its proprietary AI chip and lidar technology [1] - The company believes these technologies are crucial for achieving true autonomous driving capabilities [1] - Rivian is moving away from Nvidia, indicating a shift towards in-house technology development [1] Automotive Industry - The EV maker is focusing on autonomous driving technology [1]

Government & Technology - US government launches "Genesis mission" to boost tech innovation using AI, involving a public-private partnership with the Department of Energy, Nvidia, Dell, HPE, and AMD [1][2] Cryptocurrency & Legal Issues - Binance founder Changpang Zhao faces accusations of facilitating millions of dollars in payments to Hamas after the October 2023 attack on Israel [2] - Victims and families of the Israel attack filed a complaint alleging Zhao and Binance laundered money for the terror group [3] - Peter Coker Senior and Peter Coker Junior failed to pay over 55 million USD in restitution for their roles in a 100 million USD pump and dump stock scheme [4] Company Performance & Stock Activity - Xiaomi founder increased his stake in the company by purchasing an additional 13 million shares [4] - Xiaomi's stock has fallen more than 30% from its July peak [5] - Chinese EV maker NIO reported a smaller than expected Q3 loss, with revenue rising by 17% through October [5] - NIO's vehicle sales reached approximately 270,000, a 60% year-over-year increase [5]

Industry Perspective - The electric vehicle (EV) industry is being compared to a blank-check company, suggesting potential instability or speculative investment [1] Company Status - Tesla is transitioning from an EV manufacturer to resembling a blank-check company [1]

Tesla has proposed a new 10-year compensation plan for CEO Elon Musk that could be worth as much as $1 trillion even as the EV maker's car business stumbles and it sets its sights on humanoid robotics and AI. https://t.co/L3rJGKIlug ...

U.S.-listed shares of Chinese EV maker Nio continued to get a boost Friday as the Tesla rival gets ready to launch its challenger to the Model Y L SUV. https://t.co/UVzquclHpT ...