Meta reported its first-quarter earnings on Wednesday, revealing plans to invest more in AI. However, shares took a hit, tumbling 17% in after-hours trading. Strong Revenue, But Light Sales Forecast Despite reporting revenue and earnings-per-share that surpassed analyst estimates, Meta's shares slid after providing a second-quarter sales range that fell short of expectations. The company also … [Read more...]
Elon Musk’s Vision for Tesla’s ‘Sentient’ Optimus Robot
Elon Musk is not just envisioning a future where Tesla is known for its cars but also for its groundbreaking work in artificial intelligence and robotics. At the 2023 World Artificial Intelligence Conference in Shanghai, China, Musk showcased Tesla's robot named "Optimus," hinting at a revolutionary direction for the company. The Value of Tesla's Optimus Robots During an … [Read more...]
Elon Musk Boosts Tesla with Production Plan for Cheaper Electric Vehicles
Elon Musk made a significant announcement to Tesla investors, addressing their demands and sparking positive results. Tesla's Strategic Move Tesla is accelerating the production of more affordable electric vehicles, as stated by Elon Musk on Tuesday. Meeting Investor Expectations Investors have long awaited the introduction of cheaper Tesla models, which Musk revealed during the … [Read more...]
Youth Mobility: Is It a Goer?
The Proposal and its Implications Last week, the Commission introduced a proposal on youth mobility with the UK, covering activities for 18-30 year olds. This move was seen as a response to the UK's efforts to secure bilateral deals with EU member states, sparking debates on benefits and approaches. Not Quite Freedom of Movement Despite the extensive nature of the proposal, it explicitly does … [Read more...]
what elon musk just said | Tesla earnings call
Elon Musk has had many years of experience in the field of innovation. He founded his first company Zip2 in 1999. The company was bought by Compaq in 2001. In 2002, he launched X.com which later became PayPal later in the year 2004. In 2006, he launched Tesla Motors, which went public in the year 2010. In 2013 he founded SpaceX, which is currently developing rockets as well as spacecraft. Elon … [Read more...]
Elon Musk Skips India Trip, as Tesla’s Troubles Mount | Vantage with Palki Sharma
Elon Musk has had a long career in the field of innovation. The company he founded was Zip2 in 1999. The company was acquired from Compaq at the end of 2001. In 2002, he launched X.com which later became PayPal after 2004. In 2006, he founded Tesla Motors, which went public in the year 2010. In 2013, he launched SpaceX and is currently developing rockets as well as spacecraft. Elon Musk is a … [Read more...]
Elon Musk’s Tesla cuts prices in major markets as sales fall | BBC News
Elon Musk has had many years of experience as an innovator. His first venture was Zip2 in 1999, which was purchased from Compaq during 2001. In 2002, he launched X.com, which became PayPal later in the year 2004. In 2006, he established Tesla Motors, which went public in the year 2010. In 2013 he founded SpaceX that is currently developing rockets as well as spacecraft. Elon Musk is a visionary … [Read more...]
Tesla’s First Quarter Earnings Report Recap: Musk Talks Robotaxis and Cheaper EVs
Tesla's stock surged despite plunging profits following the announcement of their first-quarter earnings. Elon Musk shared insights on Tesla's plans to introduce robotaxis and more affordable electric vehicles. Investors responded positively, with shares rallying 10% in after-hours trading despite the decline in profits. Tesla's First Quarter Earnings Report Tesla released its … [Read more...]
Elon Musk under pressure as Tesla’s sales targets, stock price slide
Elon Musk has enjoyed many years of experience in the field of innovation. The company he founded was Zip2 in 1999. It was purchased from Compaq at the end of 2001. In 2002 he founded X.com and later it became PayPal later in the year 2004. In 2006, he launched Tesla Motors, which went public in the year 2010. In 2013, he created SpaceX that is currently developing rockets and spacecraft. Elon … [Read more...]
Elon Musk is NOT coming to India, and China loves it | Abhi and Niyu
Elon Musk has had a long career being an innovative innovator. He founded his first company Zip2 in 1999. It was purchased by Compaq in 2001. In 2002, he established X.com, which became PayPal later in the year 2004. In 2006, he launched Tesla Motors, which went public in the year 2010. In 2013, he launched SpaceX, which is currently developing rockets as well as spacecraft. Elon Musk is a … [Read more...]
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