Elon Musk tried to explain his strange ask for more control over Tesla, which seemingly came with a threat to divert AI products from the automaker to his new startup, during his earnings conference call. It doesn’t look like Tesla shareholders are buying it as the stock crashed by as much as 10% this morning.
A prisoner in Alabama has become the first inmate in the world to be executed with nitrogen gas. Convicted murderer Kenneth Smith was put to death on Thursday after the US Supreme Court declined his legal bid to halt his execution. The use of nitrogen gas as a method of execution is highly controversial and
In this article MSFT .BBKA Follow your favorite stocksCREATE FREE ACCOUNT Microsoft CEO Satya Nadella listens to an audience member’s question during the company’s annual shareholder meeting in Bellevue, Washington, Nov. 30, 2016. Stephen Brashear | Getty Images News | Getty Images Microsoft will lay off around 1,900 employees in its Gaming unit, or around
Photo is licensed under CC-CC0 1.0 Republicans, and a couple of Democrats, have been pushing back on President Biden’s $7.5 billion plan to extensively build out EV infrastructure in the US by focusing on a short-term waiver that allows federally subsidized EV chargers to include materials from China. No can do, say Republicans aiming to
Paul Gutierrez, ESPN Staff WriterJan 24, 2024, 07:51 PM ET Close Paul Gutierrez joined NFL Nation in 2013 and serves as its Las Vegas Raiders reporter. He has a multi-platform role – writing on ESPN.com, television appearances on NFL Live and SportsCenter, and podcast and radio appearances. Before coming to ESPN, Gutierrez spent three years at CSN Bay Area
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook holds up a new iPhone 15 Pro during an Apple event on Sept. 12, 2023, in Cupertino, California. Justin Sullivan | Getty Images News | Getty Images Apple for the first time became the largest smartphone vendor in China by shipments,
Lovers of sleek, luxurious, and insanely expensive cars, you’ve now got an American-made EV equivalent in the form of Cadillac Celestiq. General Motors just announced that it has finally started production at its factory in Michigan, but only in very limited numbers, of course. Here’s what that eye-watering starting price of $340,000 will buy you.
Just three weeks into 2024, one of the most eye-catching developments in financial markets has been a surge in issuance of corporate debt – the activity by which companies raise money selling bonds to investors. According to data from London Stock Exchange Group, investment-grade companies have issued $153bn (£120bn) worth of bonds this month, the
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk speaks onstage during The New York Times Dealbook Summit 2023 at Jazz at Lincoln Center on November 29, 2023 in New York City. Slaven Vlasic | Getty Images Elon Musk said Chinese electric automakers will find “significant” success outside of China, even as
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla and SpaceX’s CEO Elon Musk reacts during an in-conversation event with British Prime Minister Rishi Sunak in London on Nov. 2, 2023. Kirsty Wigglesworth | Reuters Tesla shares fell in pre-market trade on Thursday, after the company reported earnings that missed expectations and warned
Japan’s moon lander touched down with “pinpoint” precision, its space agency has said, after the country become the fifth in the world to successfully reach lunar soil. The Smart Lander for Investigating Moon (SLIM), also known as the “moon sniper”, landed within 100m (328ft) of its target, out-striping conventional accuracy targets, it was announced on
In this article NOKIA-FI Follow your favorite stocksCREATE FREE ACCOUNT Nokia new logo displayed on mobile, with Nokia logo on screen. Nurphoto | Nurphoto | Getty Images Nokia on Thursday said that it will begin a two-year 600 million euro ($653 million) share buyback this quarter, after reporting that its profit plunged in 2023. Nokia
Manchester City have been overtaken in an annual global football club money ranking, with an old foe from Spain reclaiming the top spot. The 27th edition of the Deloitte Football Money League placed Real Madrid at the head of the pack for the first time since 2017-18, with Premier League clubs losing ground in the
A prisoner in Alabama is set to become the first inmate in America to be gassed to death with nitrogen after the US Supreme Court declined to halt his execution. Convicted murderer Kenneth Smith is set to be executed on Thursday after his legal bid to have the method declared unconstitutional failed. Smith’s survival following
Elon Musk has disclosed that Tesla is currently aiming for its next-generation electric vehicles, which will include a much cheaper electric car, to come in late 2025. At Tesla’s 2023 Investor Day in March, the automaker unveiled a new car manufacturing system, which CEO Elon Musk claimed would be faster, more efficient, and enable the production of
The new affordable Kia EV3 and EV4 models are ready for production following the brand’s first EV plant upgrade. Once up and running, the site will exclusively build EVs, including Kia’s new entry-level models. Kia EV3 and EV4 ready for production Following an eight-month transformation, Kia’s manufacturing plant in Gwangmyeong will resume operation next month.
The highly anticipated Porsche Macan EV has finally shown its face. Hours ahead of its official reveal, the first images have leaked, giving us our first look at the all-electric Porsche Macan. Porsche has been teasing us with an all-electric Macan SUV since 2019. Although it was expected to launch last year, Porsche delayed the
Tesla (TSLA) released its financial results and shareholders letter for the fourth quarter and full-year 2023 after market close today. We are updating this post with all the details from the financial results, shareholders’ letter, and the conference call later tonight. Refresh for the latest information. Tesla Q4 2023 earnings expectations As we reported in our
Tesla (TSLA)has released its guidance for the year, and it warns of “notably lower” growth of its auto business in 2024. The automaker is notoriously not a fan of providing clear guidance despite having a probably better view into its own business than any other automaker because it owns its entire distribution business, unlike other
In this article IBM Follow your favorite stocksCREATE FREE ACCOUNT IBM CEO Arvind Krishna speaks during the Business 20 (B-20) Summit in New Delhi on Aug. 25, 2023. Prakash Singh | Bloomberg | Getty Images IBM shares rose as much as 6% in extended trading on Wednesday after the tech and services provider announced fourth-quarter