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10/1, 10:08 PM (Source: TeleTrader)
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Tesla buys tech startup DeepScale - report

Tesla Inc. reportedly bought DeepScale, which develops software that uses computing systems, including sensors, mapping, planning, and control systems, to enable cars to interpret their environment, CNBC reported on Tuesday.

DeepScale's chief executive and co-founder Forrest Iandola announced on LinkedIn earlier today he joined Tesla as a senior staff machine learning scientist.

The automaker's Model 3 recently received the top safety pick+ award from the Insurance Institute for Highway Safety.

Breaking the News / MD