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Chinese Find Obvious Tesla Model S Security Flaw

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Tesla Model S security flawA group of Chinese hacker reported that the Model S has a security flaw. We say, welcome to reality. Any system that is connected, whether physical or wireless, has a potential security flaw.

Model S has a security flaw

The Tesla Model S security flaw is making its round lately. It has to make you wonder when reports on security exploits related to computer systems appear. Modern computers, including cars and their wireless technologies have many open ports and channels. A long, long time ago, when I was learning about Novell servers, (yes, I’m that old) my teacher taught me that a truly un-hackable computer is one without a mouse, keyboard or Internet connection. It helped to understand that once a port is open, either with a keyboard of wireless connection, even if secured, there is still a potential vulnerability.

The Model S open connections mean potential security flaw

The Model S is not really a car. It’s more of a future template of what every car will soon look like. It is more of a rolling computer on wheels, which handles quite well. But the Tesla Model S is always connected, either to Tesla Motors, or the Internet, as well as many other types communication is happening. What this means is that the Model S is, by definition, as vulnerable as its weakest point in the security chain. So is it any wonder to hear that the Model S, the most Internet-connected and remotely-connected electric vehicle (EV) on the market today, has a major security flaw? It shouldn’t. Anything connected cars, even Tesla’s Model S means it can be hacked and has security flaws.

According to TransportEvolved, Sina Weibo announced a Chinese Internet security company called Qihoo 360, found Tesla Model S security flaw. This is one of the most common security issue with anything connected and it means a crafty hacker can remotely access and unlock your Tesla Model S, as well as sound the horns, use the headlights, wipers, and even the panoramic sunroof. Are you scared yet? At the very least, if it rains, you might get annoyed.

Making sense of the Tesla Model S security flaw

Once we take a few steps back, we can see a pattern emerging from this Tesla Model S security flaw news. First, it was announced a day before one of the biggest security conference in China, the 2014 SyScan +360. Add to this that the conference is awarding a $10,000 prize to whoever successfully hacks into a Tesla Model S, and you get a better picture of what is happening. The Tesla Motors Model S is as secured as can be, and will continue to be more secured as each individual security flaws are discovered.

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Tesla Motors was quick to reassure us with the following: “While Tesla is not associated with the conference and is not a sponsor of the competition, we support the idea of providing an environment in which responsible security researchers can help identify potential vulnerabilities. We hope that the security researchers will act responsibly and in good faith.” Whether open or closed sources, nothing is 100% secured if it is connected.

But joking apart, news of the Tesla Model S security flaw is a welcome relief in a world of over-confidence and side-blinders. In the meantime, as user and hacker feedback rolls in, Tesla will rewrite some APIs and take a closer look at some of the certificates it uses. So far, if sounding your horn, opening your doors and sunroof are the biggest threats, we can say that the latest Tesla Motors Model S security flaw is only a potential… so far.

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Tesla ends Full Self-Driving purchase option in the U.S.

In January, Musk announced that Tesla would remove the ability to purchase the suite outright for $8,000. This would give the vehicle Full Self-Driving for its entire lifespan, but Tesla intended to move away from it, for several reasons, one being that a tranche in the CEO’s pay package requires 10 million active subscriptions of FSD.

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Credit: Tesla

Tesla has officially ended the option to purchase the Full Self-Driving suite outright, a move that was announced for the United States market in January by CEO Elon Musk.

The driver assistance suite is now exclusively available in the U.S. as a subscription, which is currently priced at $99 per month.

Tesla moved away from the outright purchase option in an effort to move more people to the subscription program, but there are concerns over its current price and the potential for it to rise.

In January, Musk announced that Tesla would remove the ability to purchase the suite outright for $8,000. This would give the vehicle Full Self-Driving for its entire lifespan, but Tesla intended to move away from it, for several reasons, one being that a tranche in the CEO’s pay package requires 10 million active subscriptions of FSD.

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Although Tesla moved back the deadline in other countries, it has now taken effect in the U.S. on Sunday morning. Tesla updated its website to reflect this:

There are still some concerns regarding its price, as $99 per month is not where many consumers are hoping to see the subscription price stay.

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Musk has said that as capabilities improve, the price will go up, but it seems unlikely that 10 million drivers will want to pay an extra $100 every month for the capability, even if it is extremely useful.

Instead, many owners and fans of the company are calling for Tesla to offer a different type of pricing platform. This includes a tiered-system that would let owners pick and choose the features they would want for varying prices, or even a daily, weekly, monthly, and annual pricing option, which would incentivize longer-term purchasing.

Although Musk and other Tesla are aware of FSD’s capabilities and state is is worth much more than its current price, there could be some merit in the idea of offering a price for Supervised FSD and another price for Unsupervised FSD when it becomes available.

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Musk bankers looking to trim xAI debt after SpaceX merger: report

xAI has built up $18 billion in debt over the past few years, with some of this being attributed to the purchase of social media platform Twitter (now X) and the creation of the AI development company. A new financing deal would help trim some of the financial burden that is currently present ahead of the plan to take SpaceX public sometime this year.

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Credit: SpaceX

Elon Musk’s bankers are looking to trim the debt that xAI has taken on over the past few years, following the company’s merger with SpaceX, a new report from Bloomberg says.

xAI has built up $18 billion in debt over the past few years, with some of this being attributed to the purchase of social media platform Twitter (now X) and the creation of the AI development company. Bankers are trying to create some kind of financing plan that would trim “some of the heavy interest costs” that come with the debt.

The financing deal would help trim some of the financial burden that is currently present ahead of the plan to take SpaceX public sometime this year. Musk has essentially confirmed that SpaceX would be heading toward an IPO last month.

SpaceX IPO is coming, CEO Elon Musk confirms

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The report indicates that Morgan Stanley is expected to take the leading role in any financing plan, citing people familiar with the matter. Morgan Stanley, along with Goldman Sachs, Bank of America, and JPMorgan Chase & Co., are all expected to be in the lineup of banks leading SpaceX’s potential IPO.

Since Musk acquired X, he has also had what Bloomberg says is a “mixed track record with debt markets.” Since purchasing X a few years ago with a $12.5 billion financing package, X pays “tens of millions in interest payments every month.”

That debt is held by Bank of America, Barclays, Mitsubishi, UFJ Financial, BNP Paribas SA, Mizuho, and Société Générale SA.

X merged with xAI last March, which brought the valuation to $45 billion, including the debt.

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SpaceX announced the merger with xAI earlier this month, a major move in Musk’s plan to alleviate Earth of necessary data centers and replace them with orbital options that will be lower cost:

“In the long term, space-based AI is obviously the only way to scale. To harness even a millionth of our Sun’s energy would require over a million times more energy than our civilization currently uses! The only logical solution, therefore, is to transport these resource-intensive efforts to a location with vast power and space. I mean, space is called “space” for a reason.”

The merger has many advantages, but one of the most crucial is that it positions the now-merged companies to fund broader goals, fueled by revenue from the Starlink expansion, potential IPO, and AI-driven applications that could accelerate the development of lunar bases.

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Tesla pushes Full Self-Driving outright purchasing option back in one market

Tesla announced last month that it would eliminate the ability to purchase the Full Self-Driving software outright, instead opting for a subscription-only program, which will require users to pay monthly.

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Credit: Tesla

Tesla has pushed the opportunity to purchase the Full Self-Driving suite outright in one market: Australia.

The date remains February 14 in North America, but Tesla has pushed the date back to March 31, 2026, in Australia.

Tesla announced last month that it would eliminate the ability to purchase the Full Self-Driving software outright, instead opting for a subscription-only program, which will require users to pay monthly.

If you have already purchased the suite outright, you will not be required to subscribe once again, but once the outright purchase option is gone, drivers will be required to pay the monthly fee.

The reason for the adjustment is likely due to the short period of time the Full Self-Driving suite has been available in the country. In North America, it has been available for years.

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Tesla hits major milestone with Full Self-Driving subscriptions

However, Tesla just launched it just last year in Australia.

Full Self-Driving is currently available in seven countries: the United States, Canada, China, Mexico, Australia, New Zealand, and South Korea.

The company has worked extensively for the past few years to launch the suite in Europe. It has not made it quite yet, but Tesla hopes to get it launched by the end of this year.

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In North America, Tesla is only giving customers one more day to buy the suite outright before they will be committed to the subscription-based option for good.

The price is expected to go up as the capabilities improve, but there are no indications as to when Tesla will be doing that, nor what type of offering it plans to roll out for owners.

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