Elon Musk is predicting that some companies will go bankrupt within the next 12 months. He didn’t go as far as saying that they would be Tesla competitors, but he made it feel like given the context. Which ones could it be? Over the last year, Musk has often complained about macroeconomics, inflation, and interest
admin
A new report states that Tesla has proposed to build a factory in India during a meeting with officials today. After years of negotiation in the world’s most populous country, it would mark a reversal of its strategy. India has the biggest auto market that Tesla has yet to enter. For years, Elon Musk said
A driver who killed a beautician when he lost control of his £180,000 Range Rover while “showing off” at speeds of 110mph smiled in court today as he was jailed. Rida Kazem, 24, was sentenced to seven-and-a-half years in jail at Isleworth Crown Court, west London after he pleaded guilty to causing death by dangerous
Brentford striker Ivan Toney has been suspended from all football for eight months after breaking FA betting rules. The England international admitted 232 breaches between February 2017 and January 2021. The sanctions mean the 27-year-old won’t be available to play again until 16 January 2024, although he will be allowed to return to training in
A police force has apologised to a man wrongly accused of murdering a seven-year-old girl in 1992, after the real killer was convicted 31 years later. Northumbria Police have written a letter to George Heron, who was tried for the murder of Nikki Allan in 1993, before being cleared, on the directions of the judge.
Dara Khosrowshahi, chief executive officer of Uber David Paul Morris | Reuters Uber announced several new features on Wednesday during the company’s annual Go-Get product showcase. The new options include the ability to reserve a ride with a car seat, to call an Uber without the app, and to add teens to a family profile,
Alden Gonzalez, ESPN Staff WriterMay 17, 2023, 07:16 AM ET Close ESPN baseball reporter. Covered the L.A. Rams for ESPN from 2016 to 2018 and the L.A. Angels for MLB.com from 2012 to 2016. LOS ANGELES — It’s 1 o’clock on a searing Saturday afternoon on May 13, three hours before the first pitch of
Pakistan’s former prime minister Imran Khan says police have “surrounded” his house and his arrest is imminent. Mr Khan, 70, was arrested last Tuesday in a corruption case which sparked countrywide violence. He tweeted: “Probably my last tweet before my next arrest,” adding that police have “surrounded” his house in the eastern city of Lahore.
Paolo Ardoino, Tether’s chief technology officer, said the company estimates that the excess reserve will increase by $700 million in the current quarter, which is not yet over. Justin Tallis | Afp | Getty Images Cryptocurrency giant Tether on Wednesday said that it’s going to purchase hundreds of millions of dollars’ worth of bitcoin to
Ripple CEO Brad Garlinghouse speaks during the Milken Institute Global Conference in Beverly Hills, California, on Oct. 19, 2021. Kyle Grillot | Bloomberg | Getty Images Blockchain firm Ripple said Wednesday it has acquired Metaco, a Swiss firm that holds digital assets securely on behalf of clients, in a bid to expand its international footprint
In 2008, California voted yes on a $9 billion bond authorization to build the nation’s first high-speed railway. The plan is to construct an electric train that will connect Los Angeles with the Central Valley and then San Francisco in two hours and 40 minutes. But 15 years later, there is not a single mile
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft CEO Satya Nadella said during a taped interview with CNBC’s Andrew Ross Sorkin that what scares him most about artificial intelligence is “the entire society” has to come together to “maximize the opportunity and mitigate the dangers” of the technology, “We definitely want the benefits
The King and Queen have carried out their first official engagement together since the coronation. The couple spoke to traders and members of the public in Covent Garden’s Apple Market in London and waved to large crowds that had gathered. They also met children outside St Paul’s Church, known as the Actors’ Church, to mark
The troubled online estate agent Purplebricks has revealed a sale of the business to rival Strike, for the token sum of just £1. Purplebricks Group, which put itself up for sale in February after a series of profit warnings, said it had entered a conditional agreement to transfer its business to Strike that would include
The chief executive of JD Sports Fashion has told Sky News he sees further price increases ahead following a year of record profits for the retailer. The company, which has not been immune from the energy-led surge in costs linked to the war in Ukraine, reported profit before tax and exceptional items of £991.4m for
Tesla gave an update on its humanoid robot program, which is known as Tesla Bot or Optimus. New images of prototypes were quite impressive – making the project look less like a sideshow and increasingly like a potentially real product. When Elon Musk first announced the Tesla Bot, many laughed it off as a sideshow
Rob Dawson, CorrespondentMay 16, 2023, 10:06 AM ET Kyle Walker has admitted criticism from Pep Guardiola “hurt” during his spell out of the Manchester City team earlier this season. Guardiola said in April that Walker was not equipped to play in the inverted full-back role and instead picked natural centre-back John Stones for the position.
Cesar Hernandez May 16, 2023, 04:42 PM ET Mexico captain and all-time caps leader Andres Guardado announced his retirement from the national team on Tuesday. Guardado, 36, said before the 2022 World Cup that the tournament in Qatar would be his “last opportunity to achieve something for the national team” and he made it official
Tesla co-founder and former CTO JB Straubel is officially joining the company’s board of directors following a shareholder vote. JB Straubel was a co-founder at Tesla and the company’s longtime chief technology officer until he left in 2019 to launch Redwood Materials, which is helping create a North American battery supply chain. After Elon Musk, Straubel
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla CEO Elon Musk sat down for a sprawling interview with CNBC anchor David Faber on Tuesday following Tesla’s 2023 annual shareholder meeting in Austin, Texas. During the course of their approximately hour long conversation, Musk reflected on: How he has managed a takeover of