OUR TAKEIn the face of weakening demand for electric vehicles and pressure to cut costs, Tesla’s CEO Elon Musk announced…
Browsing: Elon Musk
Tesla reported its lowest profit margin in over five years and missed earnings targets in Q2 due to price cuts and increased AI spending.
OUR TAKEElon Musk’s robotaxi reveal got pushed back? Sounds like he’s building a rocket, not a taxi! But at least…
Musk didn’t address a steering wheel’s presence in Tesla’s robotaxi during an earnings call, prompting speculation on its development status. Tesla faces regulatory challenges, including the need for potential FMVSS exemptions for deploying vehicles without traditional controls, similar to other autonomous vehicle companies.
Tesla’s Q2 2024 profit margin hit a five-year low at 14.6%, missing estimates, with net income falling to $1.48 billion.
Fintech 1. US spot ether ETFs make market debut in another win for crypto industry U.S. exchange-traded funds (ETFs) tied…
OUR TAKETesla’s sharp drop in profits for the second quarte is quite like a rollercoaster. Remember when Apple faced a…
OUR TAKEThat Tesla halted several production lines due to a massive IT outage, which is more exciting than a sci-fi movie. Remember…
Tesla has postponed its robotaxi unveiling, citing the need for additional design modifications and other features.
On July 13, 2024, at approximately 18:15 local time, former U.S. President Donald Trump was delivering a speech at a…
Elon Musk said he is moving the headquarters of X and SpaceX, from California to Texas, citing a newly gender identity law in California.
Fintech 1. Nigerian judge adjourns Binance money laundering trial to October A Binance Holdings Ltd. executive spent several hours back…