FlyDubai cockpit attack details, Bessent's media attacks, and Tesla's robotaxi struggles
A grab-bag of bad news for the Trump administration's credibility and for Tesla's robotaxi push, with a serious bank-hacking scare in South Korea.
- UAE officials say the FlyDubai co-pilot used the cockpit crash axe in the attack — a tool airlines are required to carry to cut through metal in emergencies.
- Treasury Secretary Scott Bessent, asked about weak demand for US government bonds, attacked the Financial Times as anti-American instead of answering — a pattern that costs the administration credibility.
- Tesla's Cybercab robotaxi had a rough first month in Austin with only a small fleet, while its core car business loses ground to Chinese and Korean rivals.
- Hyundai, which owns Boston Dynamics, is a real robotics competitor but gets far less attention because Wall Street has no stake in hyping it.
- Major South Korean banks were breached, with traces of a Chinese-language AI hacking tool found on a server — a warning about automating and deregulating everything at once.
Outlook: Expect more AI-powered attacks on banks, more pressure on Tesla as competitors catch up, and continued missile tests from North Korea along a newly fortified border.