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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/
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.
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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 Is Not the Next Ford. It’s the Next Con Ed.
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Hertz (HTZ) Posts Loss as It Reduces Tesla EV Fleet: Hertz Global Holdings Inc. reported a loss that was nearly three times worse than analysts expected as it ...
bloomberg.com/news/articles/2024-04-25/hertz-reports-392-million-loss-as-it-unwinds-tesla-fleet-burden
Hertz (HTZ) Posts Loss as It Reduces Tesla EV Fleet
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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
Could Australia ban X (formerly Twitter) or is it untouchable? The ...
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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
CEOs ask for patience on their big bets on AI
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.
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Elon Musk distracts from Tesla's current weakness with announcements and visions: The International Energy Agency (IEA) is optimistic about the future of ...
nzz.ch/wirtschaft/mit-ankuendigungen-und-visionen-lenkt-elon-musk-von-der-tesla-schwaeche-ab-ld.1827705
Elon Musk distracts from Tesla's current weakness with announcements and ...
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.
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Elon Musk Is a Once-in-a-Lifetime Leader. But Is He Really Worth 250 CEOs?: Tesla's record-breaking CEO pay was voided in court. The board just asked ...
inc.com/minda-zetlin/elon-musk-is-a-once-in-a-lifetime-leader-but-is-he-really-worth-250-ceos.html
Elon Musk Is a Once-in-a-Lifetime Leader. But Is He Really Worth 250 CEOs?
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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
Tesla vs. Meta earnings prove the power of Musk's word despite failed ...
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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/
Threads reportedly has more daily active users than Twitter
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Jefferies' CEO sold millions in stock to buy himself a yacht: Rich Handler said the purchase was gift for himself and his family
qz.com/jefferies-ceo-rich-handler-stock-sale-yacht-purchase-1851435140
Jefferies' CEO sold millions in stock to buy himself a yacht
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Social media companies can’t be immune from the need for a social licence: The fight between Elon Musk and the government is in court, but in the court of public ...
abc.net.au/news/2024-04-26/michelle-grattan-australian-government-elon-musk/103769978
Social media companies can’t be immune from the need for a social licence
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Man who drove Tesla and family off cliff was 'psychotic,' doctors say: Dharmesh Patel, a Pasadena radiologist, was charged with three counts of attempted murder ...
latimes.com/california/story/2024-04-25/man-who-drove-tesla-off-cliff-with-family-in-car-was-psychotic-doctors-say
Man who drove Tesla and family off cliff was 'psychotic,' doctors say
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Elon Musk to Be Deposed in Twitter Arbitration Case on Layoffs: Elon Musk is set to be deposed on Monday as the first arbitration hearings get underway involving ...
bloomberg.com/news/articles/2024-04-25/musk-to-be-deposed-monday-in-twitter-arbitration-case-on-layoffs
Elon Musk to Be Deposed in Twitter Arbitration Case on Layoffs
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Tesla (TSLA): Can Musk’s Robotaxi Dream Help EV Maker Fix Its Troubles?: Tesla Inc. became one of the most valuable companies in the world by proving it was ...
bloomberg.com/news/articles/2024-04-24/tesla-tsla-can-musk-s-robotaxi-dream-help-ev-maker-fix-its-troubles
Tesla (TSLA): Can Musk’s Robotaxi Dream Help EV Maker Fix Its Troubles?
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Trump gets handed a lot more Truth Social stock: Trump may earn more from being kicked off Twitter than Elon Musk will ever earn from buying it.
axios.com/2024/04/25/trump-truth-social-stock
Trump gets handed a lot more Truth Social stock
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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
Uber and Lyft Stock Fall on Robotaxi Worries. That Doesn’t Make Sense.
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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/
Tesla profits drop 55% as Elon Musk dodges cheap car questions
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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's Earnings Call Was a Marketing Master Class
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Former Tesla SVP Drew Baglino is selling $181.5 million worth of stock, SEC filing says
cnbc.com/2024/04/25/former-tesla-svp-drew-baglino-is-selling-181point5-million-worth-of-stock.html
Former Tesla SVP Drew Baglino is selling $181.5 million worth of stock ...
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How soon can Tesla get its more affordable car to the market?: Shares jump after carmaker says it is looking to accelerate production of lower-price EVs
theguardian.com/technology/2024/apr/24/how-soon-can-tesla-get-its-more-affordable-car-to-the-market
How soon can Tesla get its more affordable car to the market?
Quick Glance: Tesla's Rapid Launch of Affordable Cars
  • Tesla's plans for more affordable electric vehicles are moving closer.

  • To accelerate production, Tesla is deviating from the Model 2 plan and opting for current manufacturing lines.

  • The exact costs of the new models are still unclear, but the company anticipates achieving less cost reduction than previously expected.

  • Production of the new vehicles could start as early as early 2025, if not late this year.
Profile picture of Insider (news website)
Mark Zuckerberg faces $25B wealth drop as Big Tech set for $350B rout: Meta shares tumbled ahead of Thursday's opening bell, paving the way for a big chunk of ...
businessinsider.com/mark-zuckerberg-meta-stock-price-wealth-big-tech-billionaires-ai-2024-4
Mark Zuckerberg faces $25B wealth drop as Big Tech set for $350B rout
Quick Glance: Meta Invests Heavily in Artificial Intelligence
  • Meta focuses on AI to enhance app appeal

  • The smart glasses with AI capabilities aim to attract users

  • Meta envisions AI assistants for complex tasks in communication

  • Meta aims to become a global leader in AI, despite significant investments
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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
Elon Musk finally the 'adult in the room,' Tesla headed for growth: ...
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.
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India 'confident' new EV policy measures will allow more foreign players to enter market
cnbc.com/2024/04/26/india-says-new-ev-policy-will-open-up-market-to-global-players-.html
India 'confident' new EV policy measures will allow more foreign players ...
Quick Glance: Tesla's Impact on India's EV Market
  • MG Motor India's CEO Emeritus Rajeev Chaba stated that Tesla's entry into India's EV market will level the playing field for all E-automakers.

  • According to Bain & Company, EVs constitute around 5% of India's automobile sector.

  • India's government aims to achieve 30% EV sales by 2030, a goal viewed as ambitious.
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Elon Musk Tells Investors Cheaper Tesla Electric Cars Should Arrive Ahead of Schedule
entrepreneur.com/business-news/elon-musk-cheaper-tesla-electric-cars-are-ahead-of-schedule/473186
Elon Musk Tells Investors Cheaper Tesla Electric Cars Should Arrive Ahead ...
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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 Is in Panic Mode. Can Elon Musk Turn the Company Around? 
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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 promised cheaper Teslas: What if no one wants one?
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South Korean woman loses over ₹41 lakh to Elon Musk deepfake video: ‘Added me on Instagram, said I love you’ | Mint
livemint.com/news/world/south-korea-deepfake-scam-video-elon-musk-tesla-x-artificial-intelligence-bank-account-details-instagram-11714098873197.html
South Korean woman loses over ₹41 lakh to Elon Musk deepfake video: ...
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Elon Musk defies takedown order from federal court: The billionaire's social media platform X insists no government has the right to impose a global ban on ...
9news.com.au/national/elon-musk-billionaire-escalates-dispute-with-australian-government/88a369c5-8d2c-409f-a14c-c9f06006e964
Elon Musk defies takedown order from federal court
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Ford Earnings Surprise Wall Street. Auto Giant Maintains 2024 Profit Outlook.: Ford earnings for Q1 came in after the market closed on Wednesday ...
investors.com/news/ford-earnings-decline-expected-investors-await-2024-outlook/
Ford Earnings Surprise Wall Street. Auto Giant Maintains 2024 Profit ...
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Elon Musk's X set to launch new 'X TV' app to challenge YouTube : Elon Musk-owned X is set to expand its reach into the realm of television with ...
wionews.com/videos/elon-musks-x-set-to-launch-new-x-tv-app-to-challenge-youtube-714725
Elon Musk's X set to launch new 'X TV' app to challenge ...
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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
Tesla profits have slumped by half. How much is Elon Musk to blame?
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Can Elon Musk Pull Off a Comeback Like Mark Zuckerberg?: Tesla CEO Elon Musk tries to execute a dramatic, tech-driven pivot to rescue his company’s crashing ...
nymag.com/intelligencer/article/can-elon-musk-pull-off-a-comeback-like-mark-zuckerberg.html
Can Elon Musk Pull Off a Comeback Like Mark Zuckerberg?
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Tesla Optimus Bot: Musk is optimistic about the start of sales: Tesla boss Elon Musk is optimistic about the Optimus Bot robot. It will soon be used in Tesla ...
heise.de/news/Tesla-Optimus-Bot-Musk-aeussert-sich-optimistisch-zu-Verkaufsbeginn-9697340.html
Tesla Optimus Bot: Musk is optimistic about the start of sales
Profile picture of Electrek
Tesla expects its 4680 battery cells to be cheaper than suppliers by end of year: Tesla now says that it expects its own 4680 battery cells to become cheaper ...
electrek.co/2024/04/24/tesla-expects-4680-battery-cells-cheaper-than-suppliers-end-of-year/
Tesla expects its 4680 battery cells to be cheaper than suppliers by end ...
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Tesla axes new Model 2, but promises cheaper cars: Tesla will make "new models" by 2025 using its current production lines - but has retreated from ...
irishtimes.com/video/video/2024/04/25/tesla-axes-new-model-2-but-promises-cheaper-cars/
Tesla axes new Model 2, but promises cheaper cars
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Fake engine noises in electric cars need to die: Electric cars have the benefit of being much more quiet than their gas-powered counterparts ...
digitaltrends.com/cars/fake-engine-noises-in-electric-cars-need-to-die/
Fake engine noises in electric cars need to die
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Watch the world’s first artificial energy island being built [video]: The first of 23 caissons for Princess Elisabeth Island, the world’s first artificial energy ...
electrek.co/2024/04/25/watch-the-worlds-first-artificial-energy-island-being-built-video/
Watch the world’s first artificial energy island being built [video]
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CATL unveils world’s first LFP battery with 4C ultra-fast charging for 370-mi in 10 mins
electrek.co/2024/04/25/catl-unveils-worlds-first-lfp-battery-4c-ultra-fast-charging/
CATL unveils world’s first LFP battery with 4C ultra-fast charging for ...
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Elon Musk apologizes to laid off Tesla employees for a major mistake
kentucky.com/news/business/article287862635.html
Elon Musk apologizes to laid off Tesla employees for a major mistake
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Tesla Stock Soars. 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 ...
on.barrons.com/3UglvxA
Tesla Stock Soars. Musk Is Fixing His Strategic Mistake—in the Nick of ...
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Plunging Home Prices, Fleeing Companies: Austin’s Glow Is Fading: Oracle Corp. is moving its headquarters out of the city. Tesla Inc. is pulling back after a ...
bloomberg.com/news/articles/2024-04-25/larry-ellison-s-austin-snub-adds-to-city-s-housing-office-woes
Plunging Home Prices, Fleeing Companies: Austin’s Glow Is Fading
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Tesla's Earnings Highlight the Company's Biggest Problem. It's a Cautionary Tale for Every Leader
inc.com/jason-aten/teslas-earnings-highlight-companys-biggest-problem-its-a-cautionary-tale-for-every-leader.html
Tesla's Earnings Highlight the Company's Biggest Problem. It's a ...
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Elon Musk Teases 'More Affordable Models' to Bump Tesla's Falling Stock
thedrive.com/news/elon-musk-teases-more-affordable-models-to-bump-teslas-falling-stock
Elon Musk Teases 'More Affordable Models' to Bump Tesla's ...
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Tesla Devil’s Slide crash: Hearing begins over accused driver’s potential admission into mental health diversion program
mercurynews.com/2024/04/24/tesla-devils-slide-crash-hearing-begins-over-accused-drivers-potential-admission-into-mental-health-diversion-program/
Tesla Devil’s Slide crash: Hearing begins over accused driver’s potential ...
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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
Tesla shares rise on plans to accelerate launch of ‘more affordable’ ...
Profile picture of Electrek
New York State’s largest solar + storage carport breaks ground at JFK airport: New York State’s largest onsite solar plus storage project – a solar carport ...
electrek.co/2024/04/24/new-york-state-largest-solar-storage-carport-jfk-airport/
New York State’s largest solar + storage carport breaks ground at JFK ...
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‘A Damn Hard Thing to Do’: Tesla Co-Founder JB Straubel Takes on Battery Recycling
bloomberg.com/news/articles/2024-04-25/-a-damn-hard-thing-to-do-tesla-co-founder-jb-straubel-takes-on-battery-recycling
‘A Damn Hard Thing to Do’: Tesla Co-Founder JB Straubel Takes on Battery ...
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Tesla stock price outlook: BofA sees 35% upside after Q1 earnings miss: "The tide in news flow appears to suggest the risk to the stock is skewing more ...
markets.businessinsider.com/news/stocks/tesla-stock-price-outlook-bofa-upgrade-buy-q1-earnings-robotaxi-2024-4
Tesla stock price outlook: BofA sees 35% upside after Q1 earnings miss
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Tesla stock price up 14% on Q1 earnings, Musk commits to affordable car: "We're updating our future vehicle lineup to accelerate the launch of our low-cost ...
markets.businessinsider.com/news/stocks/tesla-stock-price-q1-earnings-elon-musk-affordable-car-plans-2024-4
Tesla stock price up 14% on Q1 earnings, Musk commits to affordable car
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How Australia Struggled to Get Elon Musk’s X to Remove Video of a Terrorist Attack
on.wsj.com/4aOn8cR
How Australia Struggled to Get Elon Musk’s X to Remove Video of a ...
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Why Tesla Stock Is Soaring After a Q1 Earnings Miss: Tesla came up short of analysts' expectations for its first quarter, yet its stock is roaring higher today ...
kiplinger.com/investing/stocks/why-tesla-stock-is-soaring-after-a-q1-earnings-miss
Why Tesla Stock Is Soaring After a Q1 Earnings Miss
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Elon Musk's Tesla earnings call has become a cultural event: Like a Taylor Swift midnight album drop, the Tesla earnings call is a moment of shared ...
f-st.co/tbAw17F
Elon Musk's Tesla earnings call has become a cultural event
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Nasdaq outshines Wall St peers on tech boost, earnings glee: Benchmark S&P 500 closed higher in choppy trading on Wednesday, as investors weighed an uptick in ...
reuters.com/markets/us/sp-nasdaq-futures-advance-tech-boost-earnings-cheer-2024-04-24/
Nasdaq outshines Wall St peers on tech boost, earnings glee
Quick Glance: Overview: Tesla Stocks Plummet, Europe Business Surpasses Expectations
  • World markets have brightened slightly this week, but Tesla is facing a critical earnings test, while Europe's business pulse has surprisingly been lively this month.

  • Following the worst week on Wall Street since 2022, relief from easing Middle East tensions helped stabilize the situation on Monday. The chip giant Nvidia made a modest recovery from losses as Big Tech megacaps gear up for quarterly earnings releases.

  • As the first of the 'Magnificent 7' Vanguard stocks, electric vehicle giant Tesla will report on Tuesday, having plummeted by a substantial 43% year-to-date and nearly 60% over the past two years amidst fierce price competition, declining EV demand, and governance/product concerns.

  • While Big Tech jitters define this month's market fluctuations, investors will closely watch the upcoming results for a clearer perspective.
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Elon Musk Clashes With Australian Court Over Violent Videos on X: Mr. Musk’s defiance over removing content is testing the boundaries of international legal ...
nytimes.com/2024/04/24/technology/elon-musk-videos-x-australia-court.html
Elon Musk Clashes With Australian Court Over Violent Videos on X
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Tesla (TSLA) surges on Elon Musk trying to ride AI wave: Tesla’s stock (TSLA) surged 12% today, one of its best days in a long time, as Elon Musk tries to...
electrek.co/2024/04/24/tesla-tsla-surges-elon-musk-trying-to-ride-ai-wave/
Tesla (TSLA) surges on Elon Musk trying to ride AI wave
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Tesla shareholder seeks to bar Musk from dodging from Delaware pay ruling: A Tesla investor who successfully sued to void CEO Elon Musk's $56 billion pay package ...
reuters.com/business/autos-transportation/tesla-shareholder-seeks-block-musk-litigating-pay-outside-delaware-2024-04-24/
Tesla shareholder seeks to bar Musk from dodging from Delaware pay ruling
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Tesla could start selling humanoid Optimus robots by 2025, Elon Musk says: Tesla’s humanoid robot is still in the lab, but it may be ready to sell as soon as the ...
english.alarabiya.net/business/technology/2024/04/24/tesla-could-start-selling-humanoid-optimus-robots-by-2025-elon-musk-says
Tesla could start selling humanoid Optimus robots by 2025, Elon Musk says
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.
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Nvidia Got Some Good News From Elon Musk. Here’s What’s Driving the Stock.: Tesla CEO Elon Musk talked about demand for Nvidia chips. It should quell fears that ...
barrons.com/articles/nvidia-stock-price-buy-sell-elon-musk-tesla-925f6055
Nvidia Got Some Good News From Elon Musk. Here’s What’s Driving the Stock.
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Elon Musk wants to turn Tesla’s fleet into AWS for AI — would it work?: Elon Musk theorized that millions of Tesla vehicles could be strung together as part of ...
theverge.com/24139142/elon-musk-tesla-aws-distributed-compute-network-ai
Elon Musk wants to turn Tesla’s fleet into AWS for AI — would it work?
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Sydney bishop stabbed during service backs X’s legal case to share video of attack
scmp.com/news/asia/australasia/article/3260373/sydney-bishop-stabbed-during-service-backs-xs-legal-case-share-video-attack
Sydney bishop stabbed during service backs X’s legal case to share video ...