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dot com code tech news this is tech crunch

Here's your daily crunch. Bosh is increasing its previously stated investment in semiconductor production

in order to stay on top of the ongoing chip shortage. The company is adding

$296 million on top of the $473 million, Bosch already pledged to spend in 2022 last year to new manufacturing facilities.

Most of last year's capital was earmarked for Bosch's new 300 millimeter wafer fabrication

facility in Dresden with about 57 million dollars set aside for

Roy Tlingen near Stuttgart where Bauch began production in December.

And Tesla has agreed to pay a $275,000 fine in a settlement with the U.S. Environmental Protection Agency

for violating the Federal Clean Air Act at its electric vehicle manufacturing plant in Fremont, California.

The penalty is next to nothing for a company that generated a net income of $2.32 billion

in the fourth quarter of last year alone. The EPA found Tesla to be in

violation of specific regulations known as National Emissions Standards for

Hazardous Air Pollutants for Surface Coding of Autom automobiles and light duty trucks from October 2016 through

September 2019, which could put people living in communities nearby at a health and environmental

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