News
NHTSA head nominee investigating Tesla raises alarm on rising US road deaths
Steven Cliff, President Joe Biden’s nominee for the head of the National Highway Traffic Safety Administration (NHTSA), vows to address the massive increase in US road deaths this year.
On December 16, Cliff told a senate panel that the United States has “seen an unprecedented rise in roadway fatalities. I am committed to turning this around.” The Biden nominee also stated that the US must learn “how to change a culture that accepts the loss of tens of thousands of people in roadway crashes as inevitable.”
In October, the US Department of Transportation’s NHTSA released a report, titled Early Estimate of Motor Vehicle Traffic Fatalities for the First Half (January-June) of 2021. According to the NHTSA report, about 20,160 people died in motors vehicle crashes in the first half of 2021, up 18.4% compared to 2020. The NHTSA notes that 2021’s fatalities from vehicle crashes is the largest number of projected fatalities for the first half of a year since 2006.
An NHTSA behavioral research on March 2020 through June 2021 indicated an increasing number of drivers engaged in riskier behavior after the United States declared a public health emergency in March 2020. Riskier behavior included speeding, failure to wear a seatbelt, and driving under the influences of alcohol and drugs. The behavior continued through June 2021 and remained higher compared to pre-pandemic times.
US Transportation Secretary Pete Buttigieg plans to produce the Department’s first-ever National Roadway Strategy to help decrease fatalities from motor vehicle crashes.
“This is a crisis. More than 20,000 people died on US roads in the first six months of 2021, leaving countless loved ones behind. We cannot and should not accept these fatalities as simply a part of everyday life in America. Today, we are announcing that we will produce the Department’s first-ever National Roadway Safety Strategy to identify action steps for everyone working to save lives on the road. No one will accomplish this alone. It will take all levels of government, industries, advocates, engineers, and communities across the country working together toward the day when family members no longer have to say goodbye to loved ones because of a traffic crash,” Buttigieg said in a press release.
The National Roadway Safety Strategy will be released in January. It will be rooted in the Safe System Approach principles and identify significant actions the Department plans to ensure safer people, roads, and vehicles.
Apart from being US President Joe Biden’s nomination for NHTSA head, Steven Cliff also oversees an NHTSA investigation on Tesla and its Autopilot system. Cliff noted that the NHTSA hopes to “have those investigations wrapped up soon,” though he did state that he does not have a “specific timeline” in mind. “We’re gathering data now and we’ll determine what those next steps will be,” the NHTSA head nominee said.
Ironically, some emergency first responders believed the NHTSA’s focus on Tesla was quite counterproductive considering how dangerous American roads have become. And the opinions of first responders may carry some weight in the matter of fatalities from car accidents as many emergency personnel perish on the job on a frighteningly frequent basis.
For Cliff, though, the first step to decreasing deaths from car crashes would be to pass Biden’s infrastructure bill. He said the bill would increase the NHTSA’s budget by 50% and “will improve our understanding of where and how crashes happen by improving data quality and expanding electronic reporting to move from paper-based data collection systems to digital systems.”
The NHTSA’s report on the US’ traffic fatalities for the first half of 2021 could be viewed below.
Early Estimate of Motor Vehicle Traffic Fatalities for the First Half (January–June) of 2021 by Maria Merano on Scribd
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Elon Musk
Elon Musk confirms xAI’s purchase of five 380 MW natural gas turbines
The deal, which was confirmed by Musk on X, highlights xAI’s effort to aggressively scale its operations.
xAI, Elon Musk’s artificial intelligence startup, has purchased five additional 380 MW natural gas turbines from South Korea’s Doosan Enerbility to power its growing supercomputer clusters.
The deal, which was confirmed by Musk on X, highlights xAI’s effort to aggressively scale its operations.
xAI’s turbine deal details
News of xAI’s new turbines was shared on social media platform X, with user @SemiAnalysis_ stating that the turbines were produced by South Korea’s Doosan Enerbility. As noted in an Asian Business Daily report, Doosan Enerbility announced last October that it signed a contract to supply two 380 MW gas turbines for a major U.S. tech company. Doosan later noted in December that it secured an order for three more 380 MW gas turbines.
As per the X user, the gas turbines would power an additional 600,000+ GB200 NVL72 equivalent size cluster. This should make xAI’s facilities among the largest in the world. In a reply, Elon Musk confirmed that xAI did purchase the turbines. “True,” Musk wrote in a post on X.
xAI’s ambitions
Recent reports have indicated that xAI closed an upsized $20 billion Series E funding round, exceeding the initial $15 billion target to fuel rapid infrastructure scaling and AI product development. The funding, as per the AI startup, “will accelerate our world-leading infrastructure buildout, enable the rapid development and deployment of transformative AI products.”
The company also teased the rollout of its upcoming frontier AI model. “Looking ahead, Grok 5 is currently in training, and we are focused on launching innovative new consumer and enterprise products that harness the power of Grok, Colossus, and 𝕏 to transform how we live, work, and play,” xAI wrote in a post on its website.
Elon Musk
Elon Musk’s xAI closes upsized $20B Series E funding round
xAI announced the investment round in a post on its official website.
xAI has closed an upsized $20 billion Series E funding round, exceeding the initial $15 billion target to fuel rapid infrastructure scaling and AI product development.
xAI announced the investment round in a post on its official website.
A $20 billion Series E round
As noted by the artificial intelligence startup in its post, the Series E funding round attracted a diverse group of investors, including Valor Equity Partners, Stepstone Group, Fidelity Management & Research Company, Qatar Investment Authority, MGX, and Baron Capital Group, among others.
Strategic partners NVIDIA and Cisco Investments also continued support for building the world’s largest GPU clusters.
As xAI stated, “This financing will accelerate our world-leading infrastructure buildout, enable the rapid development and deployment of transformative AI products reaching billions of users, and fuel groundbreaking research advancing xAI’s core mission: Understanding the Universe.”
xAI’s core mission
Th Series E funding builds on xAI’s previous rounds, powering Grok advancements and massive compute expansions like the Memphis supercluster. The upsized demand reflects growing recognition of xAI’s potential in frontier AI.
xAI also highlighted several of its breakthroughs in 2025, from the buildout of Colossus I and II, which ended with over 1 million H100 GPU equivalents, and the rollout of the Grok 4 Series, Grok Voice, and Grok Imagine, among others. The company also confirmed that work is already underway to train the flagship large language model’s next iteration, Grok 5.
“Looking ahead, Grok 5 is currently in training, and we are focused on launching innovative new consumer and enterprise products that harness the power of Grok, Colossus, and 𝕏 to transform how we live, work, and play,” xAI wrote.
Investor's Corner
Tesla gets price target bump, citing growing lead in self-driving
Tesla (NASDAQ: TSLA) stock received a price target update from Pierre Ferragu of Wall Street firm New Street Research, citing the company’s growing lead in self-driving and autonomy.
On Tuesday, Ferragu bumped his price target from $520 to $600, stating that the consensus from the Consumer Electronics Show in Las Vegas was that Tesla’s lead in autonomy has been sustained, is growing, and sits at a multiple-year lead over its competitors.
CES 2026 validates Tesla’s FSD strategy, but there’s a big lag for rivals: analyst
“The signal from Vegas is loud and clear,” the analyst writes. “The industry isn’t catching up to Tesla; it is actively validating Tesla’s strategy…just with a 12-year lag.”
The note shows that the company’s prowess in vehicle autonomy is being solidified by lagging competitors that claim to have the best method. The only problem is that Tesla’s Vision-based approach, which it adopted back in 2022 with the Model 3 and Model Y initially, has been proven to be more effective than competitors’ approach, which utilizes other technology, such as LiDAR and sensors.
Currently, Tesla shares are sitting at around $433, as the company’s stock price closed at $432.96 on Tuesday afternoon.
Ferragu’s consensus on Tesla shares echoes that of other Wall Street analysts who are bullish on the company’s stock and position within the AI, autonomy, and robotics sector.
Dan Ives of Wedbush wrote in a note in mid-December that he anticipates Tesla having a massive 2026, and could reach a $3 trillion valuation this year, especially with the “AI chapter” taking hold of the narrative at the company.
Ives also said that the big step in the right direction for Tesla will be initiating production of the Cybercab, as well as expanding on the Robotaxi program through the next 12 months:
“…as full-scale volume production begins with the autonomous and robotics roadmap…The company has started to test the all-important Cybercab in Austin over the past few weeks, which is an incremental step towards launching in 2026 with important volume production of Cybercabs starting in April/May, which remains the golden goose in unlocking TSLA’s AI valuation.”
Tesla analyst breaks down delivery report: ‘A step in the right direction’
Tesla has transitioned from an automaker to a full-fledged AI company, and its Robotaxi and Cybercab programs, fueled by the Full Self-Driving suite, are leading the charge moving forward. In 2026, there are major goals the company has outlined. The first is removing Safety Drivers from vehicles in Austin, Texas, one of the areas where it operates a ride-hailing service within the U.S.
Ultimately, Tesla will aim to launch a Level 5 autonomy suite to the public in the coming years.