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CNBC Disruptor 50 list 2022: Online freight forwarder Flexport ranked number one.
businessinsider.de/gruenderszene/business/cnbc-disruptor-50-liste-2022-online-spedition-flexport-auf-platz-eins/
Twitter: Deal or No Deal?: After another tweet from Elon Musk, Twitter shares lost another three percent in premarket trading.
deraktionaer.de/artikel/medien-ittk-technologie/twitter-deal-or-no-deal-20250572.html
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How long would you have to work to have as much money as Elon Musk?: In Germany it would take almost a million years for employees to earn as much money as ...
businessinsider.de/karriere/so-reich-wie-milliardaer-elon-musk-sein-dafuer-muesstet-ihr-lange-arbeiten-a/
CNBC Disruptor 50 list 2022: Online freight forwarder Flexport ranked number one.
businessinsider.de/gruenderszene/business/cnbc-disruptor-50-liste-2022-online-spedition-flexport-auf-platz-eins/
Twitter: Deal or No Deal?: After another tweet from Elon Musk, Twitter shares lost another three percent in premarket trading.
deraktionaer.de/artikel/medien-ittk-technologie/twitter-deal-or-no-deal-20250572.html
xAI, Elon Musk’s OpenAI rival, is closing on $6B in funding and X, his social network, is already one of its shareholders
techcrunch.com/2024/04/25/xai-elon-musks-openai-rival-is-closing-on-6b-in-funding-and-x-his-social-network-is-already-one-of-its-shareholders/
Quick Glance: Sequoia backs Elon Musk’s xAI venture
- Sequoia Capital, a well-known venture capital firm in Silicon Valley, has committed to supporting Elon Musk's artificial intelligence start-up xAI to help him raise billions and compete with OpenAI, Meta, and Google.
- The exact amount of Sequoia's investment in xAI remains undisclosed.
- Sequoia, an early investor in Google, YouTube, and Apple, has backed several Musk projects in recent years, including The Boring Company and SpaceX.
Tesla share takes off in double digits: This is how Elon Musk can convince the stock market
boerse-online.de/nachrichten/aktien/tesla-aktie-hebt-zweistellig-ab-damit-kann-elon-musk-die-boerse-ueberzeugen-20355987.html
Quick Glance: Tesla: Prices Reduced in Germany - Musk's Strategies
- Tesla lowers prices in Germany to increase inventory and sales.
- Elon Musk addresses price complaints and emphasizes the need for flexible pricing.
- Buyers of Tesla vehicles during expensive phases may face depreciation.
- Tesla implements additional measures to boost sales, such as price cuts in the USA and adjustments in the Supercharger network.
Musk Is Once Again Richer Than Zuckerberg as Fortunes Reverse: Mark Zuckerberg’s fortune plunged $20 billion as shares of Meta Platforms Inc. tumbled ...
dailymaverick.co.za/article/2024-04-25-musk-is-once-again-richer-than-zuckerberg-as-fortunes-reverse/
Quick Glance: Meta Quarterly Results: Revenue Expectations Lowered, Stock Fell
- Meta's quarterly results exceeded expectations, but the revenue forecast for the next quarter was lowered.
- Despite successful ad business and increasing user numbers, Meta's stock experienced a drop of over 10 percent.
- Analysts caution about Meta's reduced revenue expectations for the second quarter, leading to investor skepticism.
- Zuckerberg plans to significantly increase investments in AI models in the coming years to enhance Meta's leading position in the artificial intelligence domain.
Elon Musk Thinks You Should Be Able to Watch a Stabbing Video on X: X removes video of a bishop being stabbed in Australia, but pushes back on requests to block ...
pcmag.com/news/elon-musk-thinks-you-should-be-able-to-watch-a-stabbing-video-on-x
Australian PM calls Elon Musk an 'arrogant billionaire' in row over attack footage
bbc.com/news/world-australia-68878967
Musk and Australia argue over video of knife attack on X: In Sydney, a priest was attacked with a knife during a mass that was broadcast live on the internet ...
nzz.ch/panorama/elon-musk-und-australien-streiten-ob-das-video-einer-messerattacke-auf-der-plattform-x-sichtbar-bleiben-soll-ld.1828128
Musk's X says posts of Australia bishop stabbing don't promote violence: Elon Musk's social media platform X defended publishing posts showing a bishop in ...
reut.rs/3UczrZH
Elon Musk Is Once Again Richer Than Mark Zuckerberg as Meta Shares Plunge: Mark Zuckerberg’s fortune plunged $20 billion as shares of Meta Platforms Inc. tumbled ...
bloomberg.com/news/articles/2024-04-25/musk-is-once-again-richer-than-zuckerberg-as-fortunes-reverse
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Tesla misses the mark on all fronts in quarter of chaos: Who cares that net profit slid 55%? Not Wall Street
theregister.com/2024/04/24/tesla_q1_2024/
Bitcoin and other cryptocurrencies before the next crash? Massive sales could be coming soon
boerse-online.de/nachrichten/rohstoffe/bitcoin-und-andere-kryptowaehrungen-vor-dem-naechsten-absturz-massive-verkaeufe-koennten-bald-anstehen-20356138.html
Could Australia ban X (formerly Twitter) or is it untouchable? The worst-case scenario for Elon Musk
abc.net.au/news/2024-04-25/elon-musk-x-versus-australia-on-sydney-church-stabbing-video/103761694
Musk moves Tesla's goalposts, investors happily move shares higher: It's the millions-of-robotaxis promise again – and all y'all buying it this time ...
theregister.com/2024/04/24/musk_moves_tesla_goalposts_back/
Musk targets Australian senator, gun laws in deepening dispute over X stabbing content
reut.rs/44aDGJP
Elon Musk says its his turn to have the remote: X just announced a smart TV app for streaming video content. X TV may or may not launch at some point in the near ...
engt.co/4aKZI8x
Tesla Earnings Report Could Add to Concerns About Its Strategy: The first-quarter results will very likely fuel worries that competitors will continue grabbing a ...
nytimes.com/2024/04/23/business/tesla-earnings-first-quarter-elon-musk.html
Quick Glance: Tesla Profit Decline Alarms Investors
- Tesla's profit fell by 55% in the first quarter due to tepid car sales.
- Revenue dropped by 9% to $21.3 billion.
- Price cuts and job layoffs indicate challenges in cost control.
- Investors concerned about Tesla's declining sales and profits.
South Korean woman conned out of US$50,000 by fake Elon Musk she fell in love with on Instagram
scmp.com/news/asia/east-asia/article/3260197/south-korean-woman-conned-out-us50000-fake-elon-musk-she-fell-love-instagram
Quick Glance: South Korean Woman Falls Victim to $50k Elon Musk Deepfake Scam
- A South Korean woman was convinced to invest 70 million won ($50,770) after watching a fabricated video portraying someone who looked like Elon Musk, the CEO of Tesla, as reported locally on Tuesday.
- Jeong Ji-sun, identified by the pseudonym at KBS, disclosed her experience as a victim of a romance scam on KBS's 'In-Depth 60 Minutes.' During the episode on April 19, Jeong narrated her initial interactions with the scammer posing as Musk.
- Jeong's initial hesitations dissipated swiftly. The scammer forwarded his identification and a workplace photo to Jeong. Moreover, he discussed aspects such as his children and commuting to Tesla or SpaceX via helicopter. He further mentioned his sporadic outreach to fans.
- The program highlighted the prevalent use of AI in these romance scams. The swindler engaged in a form of deception known as 'pig butchering,' as explained by the producer. This approach involves gradually enticing victims to increase their contributions to an apparently legitimate investment before the perpetrator vanishes.
Elon Musk is feuding with Brazil’s powerful Supreme Court: The court has become the de facto regulator of social media in the country
economist.com/the-americas/2024/04/14/elon-musk-is-feuding-with-brazils-powerful-supreme-court
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Quick Glance: Elon Musk's Clash with Brazil's Supreme Court
- Serial entrepreneur Elon Musk has been publicly criticizing Alexandre de Moraes, one of Brazil's Supreme Court judges, for the past week.
- The dispute revolves around X, a social media company owned by Mr. Musk, which announced on April 6th that a Brazilian court had ordered it to block a set of 'popular' accounts or face hefty fines.
- Mr. Moraes then initiated an inquiry against Mr. Musk for obstruction of justice, leading Mr. Musk to claim that censorship in Brazil is worse than in any other country where the platform operates.
- The row highlights the power of Brazil's Supreme Court and the debate on regulating social media without harming freedom of speech, which is a crucial battleground in Brazil.
Tesla could start selling Optimus robots by the end of next year, Musk says: Tesla's humanoid robot is still in the lab, but it may be ready to sell as soon as ...
reuters.com/technology/tesla-could-start-selling-optimus-robots-by-end-next-year-musk-says-2024-04-24/
Quick Glance: Tesla aims to potentially launch its humanoid robot Optimus next year, Elon Musk suggests
- Elon Musk hinted at the possibility of Tesla introducing its humanoid robot Optimus to the market next year. The company plans to deploy the robot in its own factory by the year's end.
- Not long ago, Tesla revealed “Optimus Gen 2”, a new iteration of its humanoid robot designed to assume repetitive human tasks.
- Tesla's confidence in achieving this stems from its utilization of AI technologies in the self-driving vehicle sector and its proficiency in battery and electric motor innovations. The notion that its vehicles are essentially robots on wheels was posited.
- Envisioning a future where households incorporate a Tesla Optimus robot that assumes various manufacturing and service roles, the CEO's perspective is clear.
Tesla profits drop 55% as Elon Musk dodges cheap car questions: Tesla spent $1 billion on GPUs even as its profit margins shrank by half.
arstechnica.com/cars/2024/04/tesla-profits-drop-55-as-elon-musk-dodges-cheap-car-questions/
Bitcoin Languishes. Brace for More Declines as ‘People Got a Little Too Excited.’
barrons.com/articles/bitcoin-ethereum-price-crypto-markets-today-3c3e0ccf
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Uber and Lyft Stock Fall on Robotaxi Worries. That Doesn’t Make Sense.: Comments from Tesla CEO Elon Musk seem to be putting pressure on shares of the ...
barrons.com/articles/uber-lyft-stock-tesla-robotaxi-8a2cc67a
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Australia PM calls Musk 'arrogant billionaire' after court orders X to hide church stabbing posts
reut.rs/448L5t3
Tesla needs to fire Elon Musk as CEO if it wants to save itself: Tesla is in trouble: sales are falling and competition from China is ramping up ...
businessinsider.com/tesla-fire-elon-musk-new-ceo-evs-china-sales-earnings-2024-4
Quick Glance: Elon Musk must be removed as CEO to save Tesla
- Tesla is struggling with declining sales, layoffs, and issues in China.
- Elon Musk is blamed for the company's state and his departure could save Tesla.
- Tesla has failed to craft a strategy for chaotic times, resulting in a shrinking market share in China.
Elon Musk apologizes to laid off Tesla employees for a major mistake: Musk just informed his Tesla employees of an issue that was brought to his attention.
thestreet.com/electric-vehicles/elon-musk-apologizes-to-laid-off-tesla-employees-for-major-mistake
Tesla (TSLA) Cybertruck Recall Is Latest Setback to Stock’s Rough 2024: The stock is sliding, a cheaper electric car is deprioritized and the CEO is riling the ...
bloomberg.com/news/features/2024-04-21/tesla-tsla-cybertruck-recall-is-latest-setback-to-stock-s-rough-2024
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Quick Glance: Tesla Cybertruck Recall and Stock Decline 2024
- Elon Musk's underlings at Tesla Inc. are accustomed to chaos, but this year has been particularly turbulent. The stock price has plummeted, there has been confusion around product decisions and price cuts. Tesla's position in the Chinese EV market is under threat, and a meeting with India's Prime Minister for a planned investment announcement was abruptly called off.
- Tesla is expected to report a significant drop in operating profit and its first revenue decline in four years. Musk has ordered massive layoffs and is staking the company's future on a self-driving vehicle concept called the robotaxi. Many employees are unsettled by the changes the CEO wants to implement.
- Musk has been discussing the concept of an autonomous taxi service for at least eight years, but Tesla has not yet built the infrastructure required for it. The focus is now on the robotaxi instead of a cheaper mass-market vehicle that many investors deem crucial. Key managers have left the company, and analysts are concerned about Tesla's strategy.
- Musk has announced that more than 10% of the workforce will be laid off. Transitioning to the robotaxi service is risky, as regulation at the state and local level can be challenging. Nevertheless, Musk is betting on Tesla making robotaxis a reality by promoting FSD and cutting prices. Some of the Tesla layoffs were poorly organized and perceived as humiliating.
Asia Hawks on Alert After Indonesia Shock Rate Hike to Defend Rupiah (IDR USD): Investors are looking for the next policy domino to fall in Asia amid an ...
bloomberg.com/news/articles/2024-04-25/asia-s-hawks-get-put-on-alert-after-indonesia-s-shock-rate-hike
Elon Musk vows to fight Australian injunction to hide church attack videos on X: Billionaire accuses Canberra of censorship over calls to remove footage of ...
ft.com/content/3b13e0c2-78f7-473e-924c-923649832f25
Nvidia Got Some Good News From Elon Musk. Here's What's Driving the Stock.: The Tesla CEO talked about demand for Nvidia chips. It should quell fears that orders ...
on.barrons.com/3JE5Mn3
Honda to Spend $11 Billion on Electric Vehicle Strategy in Canada: Honda Motor Co. will spend C$15 billion ($11 billion) to build out its electric-vehicle supply ...
bloomberg.com/news/articles/2024-04-25/honda-to-spend-11-billion-on-electric-vehicle-strategy-in-canada
Tesla’s profits are being sunk by a tide of electric cars: First-quarter profits for Elon Musk’s company have more than halved, with the EV market awash with ...
smh.com.au/business/companies/tesla-s-profits-are-being-sunk-by-a-tide-of-electric-cars-20240424-p5fm6k.html
Tesla cuts prices around the world as sales decline in a chaotic week: Global vehicle deliveries fall for first time in four years amid growing competition ...
theguardian.com/technology/2024/apr/21/tesla-sales-price-cuts-elon-musk
Elon Musk and Tesla: Is the CEO’s controversial behavior responsible for company’s struggles?
mercurynews.com/2024/04/22/elon-musk-and-tesla-is-the-ceos-controversial-behavior-responsible-for-companys-struggles/
Quick Glance: Elon Musk and Tesla: Influence of CEO's divisive behavior on company's challenges
- The wealthiest individual globally freely voices his opinions, often sparking debate.
- Elon Musk, Tesla's CEO, has attacked U.S. election integrity, embraced White-supremacist propaganda, and accused President Joe Biden of treason.
- Experts suggest that Musk's conduct may deter potential customers, but larger issues impact his company. With growing competition in the electric vehicle market, his polarizing personality could lead to more significant long-term damage.
- While Musk may be damaging Tesla’s image with some consumers, the primary focus remains on the product and its dependability. Many consumers do not base their purchasing decisions on the political views of the company's leader.
Musk decries Australian court 'censorship' of X terror posts: Elon Musk lashed out at Australia's prime minister on Tuesday after a court ordered his social ...
reuters.com/world/asia-pacific/australia-pm-calls-musk-arrogant-billionaire-after-court-orders-x-hide-church-2024-04-23/
Quick Glance: Musk criticizes Australian court 'censorship' of terror posts
- Elon Musk lashed out at Australia's prime minister after a court ordered his social media company X to take down footage of an alleged terrorist attack in Sydney.
- X was directed to temporarily hide posts showing video of the incident where a teenager was charged with terrorism for knifing an Assyrian priest and others.
- Musk questioned whether the Prime Minister should have jurisdiction over the entire internet and emphasized the importance of free speech.
- The incident sets up a new conflict between major internet platforms and countries and nonprofits seeking more oversight of the content hosted on them.
Elon Musk's Earnings Call Was a Marketing Master Class: On the wild earnings call yesterday. Plus: A new approach to drug discovery.
bloomberg.com/news/newsletters/2024-04-24/elon-musk-s-earnings-call-was-a-marketing-master-class
Elon Musk finally the 'adult in the room,' Tesla headed for growth: Wedbush: "Elon Musk finally stepped up as the adult in the room and laid the foundation for ...
markets.businessinsider.com/news/stocks/tesla-stock-price-elon-musk-q1-earnings-outlook-model-2-2024-4
Quick Glance: Elon Musk Leads Tesla to Growth: Wedbush
- Elon Musk is referred to as the 'adult in the room' and lays the foundation for Tesla's growth strategy, according to Wedbush analysts.
- Tesla stock could be headed for better days, as Elon Musk finally steps up as the 'adult in the room' to calm investors amidst various headwinds, noted Wedbush Securities analyst Dan Ives.
- The company particularly reiterated its guidance on the Model 2, a lower-cost electric vehicle set to roll out next year, eagerly awaited by Wall Street to boost sales. This cheaper model will be crucial for Tesla's success, focusing on sales volume in the near term, as highlighted by Ives.
- Despite short-term headwinds, Tesla is on a good trajectory in the long run, as mentioned by Wedbush. Ives added that the company has a 'golden vision' regarding its full self-driving technology, pivotal for Tesla's strategy over the next decade.
Tesla’s in its flop era: Tesla is in trouble. Sales are down, its stock is tumbling, and the company’s future appears to be in doubt ...
theverge.com/24134781/tesla-q1-2024-earnings-sales-market-share-elon-musk
Days After Layoffs, Tesla Pushes Stockholders to Approve Elon Musk's $56 Billion Pay Package
entrepreneur.com/business-news/tesla-to-shareholders-approve-ceo-musks-record-high-pay/472850
Tesla posts its biggest revenue drop in 12 years — but the stock pops as Elon Musk promises cheaper EVs soon
qz.com/tesla-q1-earnings-stock-ev-demand-1851430238
Elon Musk's SpaceX could spinoff Starlink in a big IPO this year, investment adviser says
qz.com/elon-musk-spacex-starlink-spinoff-ipo-investment-advise-1851433211
Oxford shuts down institute run by Elon Musk-backed philosopher: Nick Bostrom’s Future of Humanity Institute closed this week in what Swedish-born philosopher ...
theguardian.com/technology/2024/apr/19/oxford-future-of-humanity-institute-closes
Yen Approaches Intervention Point as BOJ Meeting Starts: Yen traders are bracing themselves for a redux of September 2022, when Japan intervened in the market to ...
bloomberg.com/news/articles/2024-04-25/yen-inches-closer-to-intervention-point-as-boj-meeting-starts
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Tesla Promises 'More Affordable Vehicles' and a 'Cybercab': Elon Musk’s automaker told investors Tuesday that sales and revenue are down but that new “more ...
wired.com/story/tesla-promises-more-affordable-vehicles-cybercab/
Stock Markets Today: Tesla, Elon Musk, Meta, Treasuries, TikTok ban, Fed: Good morning. Tesla’s shares soar on its plans to roll out cheaper cars as soon as this ...
bloomberg.com/news/newsletters/2024-04-24/stock-markets-today-tesla-elon-musk-meta-treasuries-tiktok-ban-fed
Tesla Recalls All Cybertrucks Over Accelerator Pedal Defect: Elon Musk's new favorite toy is going as well as everything else he's touched lately.
gizmodo.com/tesla-recalls-all-cybertrucks-over-accelerator-pedal-de-1851421654
Quick Glance: Tesla Cybertrucks Recall Issued
- Tesla responds to defective accelerator pedals in nearly 3,900 Cybertruck pickups causing unintended acceleration.
- The recall involves Cybertruck vehicles manufactured between November 2023 and April 2024.
- An unauthorized use of soap during the accelerator pedal assembly likely led to the defect.
- Tesla voluntarily recalled the vehicles on April 12 due to two customer complaints.
Tesla to cut 14,000 jobs as Elon Musk aims to make carmaker ‘lean and hungry’: Billionaire says ‘there is nothing I hate more’ than cutting staff as more than ...
theguardian.com/technology/2024/apr/15/tesla-cut-jobs-elon-musk-staff
Meta's Threads now has more daily US users than Musk's X: Launched less than a year ago as a rival for Twitter, Threads is continuing to gain ground with users.
businessinsider.com/meta-threads-more-daily-us-users-twitter-elon-musk-x-2024-4
Tesla's plan for affordable cars takes page from Detroit rivals: Elon Musk's new plan to use current product lines as the basis for new affordable vehicles — ...
reut.rs/3w6qYzd
What happened to Tesla? Weak sales, layoffs and recalls weigh on outlook.: The company is facing its greatest set of challenges since a series of unforced errors ...
washingtonpost.com/technology/2024/04/23/elon-musk-tesla-earnings-outlook/
Elon Musk's SpaceX seems to have a workplace injury problem: A new report found that employees are getting injured at higher rates than at other space companies
qz.com/elon-musk-space-x-injuries-earnings-layoffs-1851429089
Quick Glance: Injury Rates at SpaceX Exceed Industry Average
- Injury rates at SpaceX facilities surpassed industry average in 2023.
- Injuries at SpaceX locations worsened compared to 2022.
- Experts raise concerns about the quality of work at SpaceX.
- SpaceX and Musk have not publicly addressed safety record in detail.
Tesla shares rise on plans to accelerate launch of ‘more affordable’ models: Elon Musk-led electric vehicle maker’s stock jumps after-hours despite reporting a ...
ft.com/content/d8afadd2-9d67-4a4c-b6e8-c7d4dda7521b
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Australia secures takedown order for terror videos, which Elon Musk wants to fight
theregister.com/2024/04/23/australia_x_terror_video_takedown/
Tesla Is in Panic Mode. Can Elon Musk Turn the Company Around? : The carmaker's profits fell 55% in the first quarter of 2024. Elon Musk faces major challenges ...
time.com/6970399/tesla-stock-earnings-call-elon-musk/
Tesla Cuts Prices by $2,000 as Sales Slow, Inventories Swell: Tesla Inc. cut prices of its best-selling Model Y, as well as the Model S and X, by $2 ...
bloomberg.com/news/articles/2024-04-20/tesla-cuts-prices-by-2-000-as-sales-slow-inventories-swell
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Tesla Announces Steep Employee Cuts Amid Revenue Drop: Elon Musk's electric vehicle company is laying off more than 6,000 employees after reporting a 9% drop in ...
huffpost.com/entry/tesla-layoffs-california-texas_n_66282c39e4b096c7bac6847b
Tesla asks shareholders to help Elon Musk get paid $56 billion: Tesla's stock has slumped in 2024 amid concerns about middling demand for EVs
axios.com/2024/04/17/elon-musk-pay-package-tesla-delaware-court
Quick Glance: Why Tesla Wants Approval for Elon Musk's $55 Billion Compensation Package
- Tesla is seeking shareholder approval for Elon Musk's compensation package, which was previously rejected by a judge.
- The company asserts that implementing the plan is crucial for Tesla's future growth.
- Elon Musk will be rewarded with stock options that become available when Tesla achieves specific financial objectives.
Elon Musk cancels trip to India over 'heavy Tesla obligations': Elon Musk shared the announcement in an X post on Saturday, just three days before Tesla's Q1 ...
businessinsider.com/elon-musk-cancels-trip-to-india-tesla-layoffs-struggles-2024-4
Quick Glance: Elon Musk postpones India trip due to Tesla issues
- Elon Musk has delayed his planned trip to India due to Tesla facing challenges.
- The Tesla CEO was set to travel to India next week to meet with Prime Minister Narendra Modi.
- While not revealing many specifics about the trip, Musk reportedly intends to announce an investment of $2 to $3 billion in India. He aims to establish a new factory in India, where the electric vehicle market is small but growing.
- Musk's decision to delay the trip coincides with Tesla's earnings release on April 23, where Musk and investors will address the company's tumultuous start to 2024.
Tesla jumps as Musk's promise of 'more affordable' cars eases growth fears: Tesla shares surged 10% on Wednesday after the electric-car maker eased some worries ...
reuters.com/technology/tesla-jumps-musks-promise-more-affordable-cars-eases-growth-fears-2024-04-24/
The Most Embarrassing Blunders From Elon Musk’s Attempt at AI-Generated News: Elon Musk's AI chatbot Grok often takes jokes and displays them as real news ...
gizmodo.com/most-embarrassing-blunders-elon-musks-grok-ai-news-1851416945
CEOs ask for patience on their big bets on AI: Right now, CEOs are betting big on AI, pouring vast amount of resources and money into the technology ...
businessinsider.com/when-will-companies-monetize-ai-ceos-ask-for-patience-2024-4
Quick Glance: AI Revolutionizing Call Centers: TCS Insights
- The head of Tata Consultancy Services predicts chatbots will reduce the need for human call center agents significantly, revolutionizing the industry.
- TCS's generative AI projects have doubled in value to $900 million by March, highlighting the increasing demand for tech talent and the need for workforce training.
- Reports suggest that overall IT services growth is affected by global uncertainties like inflation, war, and elections, leading to a decline in spending and slower revenue growth for companies like TCS and Infosys.
- Infosys anticipates a modest 1-3% sales growth in the upcoming financial year due to customers delaying discretionary spending on new tech projects amidst the current economic climate.
X to Launch TV App in Quest for More Video Viewers: Elon Musk's X will launch a TV app that allows users to watch X videos on their television screens.
thewrap.com/x-twitter-tv-app-details/
Weak business figures: Tesla's quarterly profit falls by 55 percent: The US electric car manufacturer Tesla is struggling with falling sales figures ...
n-tv.de/wirtschaft/Teslas-Quartalsgewinn-faellt-um-55-Prozent-article24896184.html
Big victim or big mouth? Time for Australia to put Elon Musk in his place: At its heart, this case is about Australian sovereignty over a company that has a deep ...
smh.com.au/politics/federal/big-victim-or-big-mouth-time-for-australia-to-put-elon-musk-in-his-place-20240423-p5fm01.html
So much for free speech on X; Musk confirms new users must soon pay to post: The fee, likely $1, is aimed at stopping “relentless” bots, Musk said.
arstechnica.com/tech-policy/2024/04/so-much-for-free-speech-on-x-musk-confirms-new-users-must-soon-pay-to-post/
Quick Glance: Musk Plans Fee for New X Users
- Elon Musk intends to charge new users of X in the initial months to curb the activity of automated bot accounts.
- The fee is set to be waived after three months to allow free posting.
- Tests in New Zealand and the Philippines raised skepticism about the effectiveness of the fee as a countermeasure against bots.
- Declining revenues at X post-rebranding and Twitter acquisition, along with a negative brand perception by companies, are impacting the service's business.
Musk’s war with Australia: Coalition pushes compulsory age limits for social media
smh.com.au/politics/federal/musk-s-war-with-australia-coalition-pushes-compulsory-age-limits-for-social-media-20240423-p5flzy.html
Threads reportedly has more daily active users than Twitter: Mark Zuckerberg's plan to overtake Elon Musk's X with Threads is slowly bearing fruit ...
t3n.de/news/threads-hat-angeblich-mehr-taeglich-aktive-nutzer-als-twitter-1621284/
Tesla profits have slumped by half. How much is Elon Musk to blame?: The carmaker has announced a big fall in profits as demand for electric vehicles stalls ...
independent.co.uk/news/business/comment/tesla-elon-musk-electric-cars-profits-b2533921.html
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Nvidia is also there: Will these 2 AI stocks actually crash by up to 65% soon?: On Friday, AI stocks like Nvidia suffered a severe setback on the stock exchanges ...
boerse-online.de/nachrichten/aktien/auch-nvidia-ist-dabei-stuerzen-diese-2-ki-aktien-tatsaechlich-bald-um-bis-zu-65-ab-20355935.html
Tesla Is Not the Next Ford. It’s the Next Con Ed.: Elon Musk’s EV empire is crumbling.
theatlantic.com/technology/archive/2024/04/tesla-cars-batteries-power-company/678168/
Tesla CEO Elon Musk Is Fixing His Strategic Mistake—in the Nick of Time: Tesla’s earnings show that EVs aren’t dead yet. The industry is just on the other side ...
barrons.com/articles/tesla-gm-ford-model-2-ev-earnings-strategy-87d9677f
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Musk promised cheaper Teslas: What if no one wants one?: Tesla investors are celebrating news of cheaper vehicles on the horizon. That assumes lots of people ...
businessinsider.com/will-cheaper-tesla-lure-buyers-ev-demand-2024-4
Musk Plays Up ‘Sentient Humanoid’ Robots as Tesla Flounders: Perhaps investors will ignore falling profits and revenues in favor of a sexy—though not yet ...
thedailybeast.com/musk-plays-up-sentient-humanoid-robots-as-tesla-flounders
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Tesla faces an identity crisis: carmaker or tech firm?: Elon Musk’s fiendish conundrum
economist.com/business/2024/04/24/tesla-faces-an-identity-crisis-carmaker-or-tech-firm
Elon Musk says he 'would know' if there are aliens out there: Musk's rocket company, SpaceX operates a satellite internet system called Starlink ...
businessinsider.com/elon-musk-says-he-would-know-if-aliens-out-there-2024-4
Quick Glance: Elon Musk Casts Doubt on Alien Existence
- Elon Musk expressed his skepticism about the existence of aliens, emphasizing that he had not seen any evidence.
- The billionaire responded to a recent interview where Tucker Carlson shared his views on aliens.
- Musk has previously publicly pondered the topic of aliens and highlighted the importance of space exploration.
- His involvement in SpaceX and the Starlink project has positioned Musk as a significant player in the aerospace industry.
Biden announces immediate delivery of military aid for Ukraine: Now that the House of Representatives and Senate have approved the new military aid for Ukraine ...
tagesschau.de/ausland/amerika/usa-biden-ukraine-hilfen-100.html
ZiG/USD: Zimbabwe's New Currency to Spur De-Dollarization, Vice President Says
bloomberg.com/news/articles/2024-04-24/-zig-usd-zimbabwe-s-zig-a-step-toward-abandoning-us-dollars-official-says
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Meta’s Mark Zuckerberg avoided a cage match with Elon Musk but got a jab in anyway by passing him on the billionaires list
fortune.com/2024/04/22/mark-zuckerberg-avoided-cage-match-with-elon-musk-but-got-jab-in-anyway-by-passing-him-billionaires-list-tesla-meta/
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Cheaper Teslas are arriving sooner than planned: Tesla said cheaper models are coming sooner than it had planned. The move comes as it reported a steep Q1 ...
businessinsider.com/cheaper-teslas-arriving-sooner-than-planned-2024-4
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Tesla mass layoffs impact Bay Area, with over 2,750 jobs lost: Tesla mass layoffs slam Bay Area workers in Fremont and Palo Alto facilities, with over 2 ...
sfchronicle.com/bayarea/article/tesla-layoffs-bay-area-19418511.php
Quick Glance: Tesla Layoffs Impact Bay Area with Over 2,750 Jobs Lost
- Tesla mass layoffs hit Bay Area's Fremont and Palo Alto facilities, resulting in over 2,750 job cuts. The job cuts are part of a broader 10% workforce reduction at Tesla, affecting various locations.
- The layoffs are set to commence on June 14, impacting employees across multiple sites in Fremont and Palo Alto. In addition, significant job losses will occur in Lathrop, Burbank, and Austin, totaling thousands of affected workers.
- Tesla's decision to eliminate a large portion of its workforce stems from the need to reduce costs amidst industry challenges. CEO Elon Musk emphasized the necessity of these layoffs despite their impact on employees and communities.
- The company's restructuring plan reflects a shift in focus and operational strategies to address market dynamics, including declining stock value and competitive pressures in the electric vehicle sector. Tesla's future direction aims to navigate these challenges while maintaining its position in the industry.
🔊 Tesla CEO Elon Musk faces tough questions from investors amid challenges at the electric vehicle maker. Find out the latest on the Reuters World News podcast
reut.rs/4dlh6lY
Tesla vs. Meta earnings prove the power of Musk's word despite failed promises: Elon Musk managed to turn around Tesla's stock slide with a couple promises.
businessinsider.com/tesla-meta-earnings-prove-power-of-musk-word-despite-promises-2024-4
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