#AceNewsDesk – According to this Tom’s Hardware story, a Belgian PhD student managed to wrest full control of a Tesla Model X SUV, by way of hijacking the Bluetooth keyfob and reprogramming it, using a Raspberry Pi.

Tesla has since issued a software update to protect against that kind of attack
Since the attack is done via Bluetooth, control could be gained wirelessly from 5 meters away: According to the article this is the third time the same student “has managed to exploit the key fob and gain access to the car. Previously he was able to clone the fob…”

Computer Weekly also got an interesting quote from a senior security consultant at the electronic design automation company Synopsys, who argues that the research “demonstrates the impacts of security requirements and security features not having proper validation.”

Published: Nov.29: 2020:

#raspberrypi, #tesla

#AceNewsDesk – Surging Tesla shares have pushed the company’s market capitalization to more than $515 billion, a fivefold increase since the start of the year

BBC report: The traditionally volatile stock has continued to experience price swings: But since reaching a low for the year in March, Tesla’s share price has been on an upwards trajectory that accelerated in August. Tesla’s share price, which rose 4.6% in morning trading to $545.62, has helped blast its CEO Elon Musk into the upper stratosphere of Bloomberg’s Billionaire Index.

https://t.me/BBCWorld/65324

As of Tuesday, Musk’s net worth had risen $7.24 billion to more than $128 billion: Only Amazon’s Jeff Bezos stands in his way to becoming the world’s wealthiest person. Tesla shares have been fueled over the past week by news that it will be added to the S&P 500 index in December:

Since Friday, the company has added more than $52 billion to its market cap — the equivalent of adding nearly one and a half Ford Motor Co., to its valuation.

Published: Nov.24: 2020:

#capitalisation, #finance, #markets, #shares, #tesla