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Trump was going to dominate the courtroom. Instead, he is shrinking.: Trump wrongly thought he might win the presidency on the courtroom steps.
washingtonpost.com/opinions/2024/04/23/trump-losing-courtroom-campaign-bragg-trial/
Quick Glance: Court Hearing on Gag Order Violation Amid Trump-Cohen Feud
- Judge Juan Merchan will determine whether to penalize Donald Trump for repeated breaches of the gag order preventing the former president from publicly discussing witnesses or jurors in the criminal hush money case.
- Prosecutors are urging Merchan to impose a $1,000 fine on Trump for each violation and to caution him that future infractions can result in not just additional fines but also potential incarceration.
- Responding to Trump's social media activity, Cohen, a pivotal prosecution witness, accused Trump of desperation on Twitter, with Trump's legal team justifying his responses as campaign-related.
- Regarding the gag order infringements, the jury will not be presented with arguments. Merchan specified that if the arguments are not wrapped up by 11 a.m., they will pick up the discussion on the infringements at a later time.
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
Australian PM calls Elon Musk an 'arrogant billionaire' in row over attack footage
bbc.com/news/world-australia-68878967
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/
Judge to weigh in on request to hold Trump in contempt for breaking gag order: The hearing could result in further financial punishment for Trump ...
pbs.org/newshour/politics/judge-to-weigh-in-on-request-to-hold-trump-in-contempt-for-breaking-gag-order
Quick Glance: Trump's Attempt to Influence 2016 Election: Hush Money Trial Begins
- An prosecutor alleges that Donald Trump tried to illegally influence the 2016 election by preventing damaging stories about his personal life from becoming public.
- The trial, potentially lasting up to two months, will require Trump to spend his days in a courtroom instead of on the campaign trail.
- The indictment includes 34 counts of falsifying business records, punishable by up to four years in prison.
- The case sheds light on efforts to suppress stories, known as 'Catch-and-Kill' in tabloid industry, to prevent potentially damaging revelations.
Pro-Palestinian Campus Encampments Spread Nationwide Amid Mass Arrests at Columbia, NYU & Yale
democracynow.org/2024/4/23/columbia_university_joseph_slaughter
Quick Glance: Student Protests: Arrests at Yale and NYU
- Police arrested dozens of people at pro-Palestinian demonstrations at Yale University in Connecticut and New York University in Manhattan, as student protests over Israel’s war in Gaza continue to roil US campuses.
- At Yale University, at least 47 protesters were arrested and will face disciplinary action.
- The police crackdowns came after Columbia University canceled in-person classes and cleared tent encampments on its campus in New York City.
- The universities repeatedly asked students to leave, warning of legal and disciplinary consequences if they did not.
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.
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/
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
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
Tesla's in trouble. Is Elon Musk the problem?: Cybertruck: stalling. The stock: falling. The CEO: appalling. Why his gamble may cost him more than a $50 billion ...
mashable.com/article/tesla-without-elon-musk
🔊 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
Australia PM calls Musk 'arrogant billionaire' after court orders X to hide church stabbing posts
reut.rs/448L5t3
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/
Cash-Advance Company Sued by New York Got Funding From Hedge Fund Billionaire: One man started a cash-advance company. The other was a retired investing legend ...
bloomberg.com/news/articles/2024-04-23/cash-advance-company-sued-by-new-york-got-funding-from-hedge-fund-billionaire
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A Salacious Conspiracy or Just 34 Pieces of Paper?: Inside the criminal trial of former President Donald J. Trump.
nytimes.com/2024/04/23/podcasts/the-daily/trump-opening-statements.html
PHOTOS: Zendaya’s stylish fashion moments: Zendaya, born on Sept. 1, 1996, in Oakland, Calif., has not only made a name for herself on screen with her acting ...
nydailynews.com/2024/03/26/zendaya-stylish-fashion-moments/
🟨🟩 Wordle 1,039 is breaking many streaks. 🟨🟩
Today’s average difficulty is 6 guesses out of 6, or very challenging. Show more
Pro-Palestinian encampments and protests spread on college campuses across the U.S.
npr.org/2024/04/23/1246594938/pro-palestinian-campus-protests-columbia-yale-nyu
Opinion | Trump’s Re-Election Would Be Disastrous for the Climate: The return of Trump to the White House would be disastrous for the planet.
nytimes.com/2024/04/20/opinion/trump-biden-climate-election.html
We Tested the BYD Seal—the Car That Explains Why Tesla Just Cut Its Prices: A world-class saloon for the people, from China’s biggest name in EVs ...
wired.com/review/review-byd-seal-2024/
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
New York to Madrid, Spain for only $368 roundtrip: Cheap flights from New York to Madrid, Spain for only $368 roundtrip with TAP Air Portugal.
secretflying.com/posts/new-york-to-madrid-spain-for-only-314-roundtrip/
Australia secures takedown order for terror videos, which Elon Musk wants to fight
theregister.com/2024/04/23/australia_x_terror_video_takedown/
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
Tesla's chaotic layoffs leaves workers nervous about future: In the wake of Tesla's week of layoffs some workers say they feel as if they've been left in limbo.
businessinsider.com/teslas-workers-nervous-about-future-after-layoffs-2024-4
Opinion | How ‘The Squad’ and Like-Minded Progressives Have Changed Their Party: The left’s position on Israel has now become the Democratic Party’s ...
nytimes.com/2024/04/23/opinion/progressives-democratic-party-aoc.html
Pleas in the Trump trial: Who uses what tactics: The first day of the trial against Trump is coming to an end much faster than expected ...
zdf.de/nachrichten/politik/ausland/trump-strafprozess-pornodarstellerin-taktik-100.html
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.
35 managers report to him: Tesla boss Elon Musk activates “war mode”: Tesla is struggling with sales problems and is under price pressure from China ...
businessinsider.de/wirtschaft/35-manager-berichten-an-ihn-tesla-chef-elon-musk-aktiviert-kriegsmodus/
New York Yankees manager Aaron Boone ejected after apparent case of mistaken identity and spat with umpire
cnn.com/2024/04/23/sport/aaron-boone-ejection-hunter-wendelstedt-mlb-spt-intl/
Quick Glance: Yankees' Aaron Boone Ejected for Fan-Heckling of MLB Umpire in Unusual Incident: 'I Don't Care Who Said It'
- Yankees manager Aaron Boone was ejected early in the game against the A's at Yankee Stadium after a fan yelled something. This marked his 35th career ejection, with a rather unusual reason this time.
- Umpire Hunter Wendelstedt warned Boone of an ejection after just five pitches if another word was said. A fan behind the dugout shouted something, leading Wendelstedt to toss Boone out of the game.
- Boone's reactions, including pointing to the crowd, were captured on video. In one clip, Boone can be heard denying he said anything. Despite Wendelstedt's error in judgment, the ejection stood, making for a highly entertaining situation.
- Although Wendelstedt misinterpreted the situation and Boone was innocent, the ejection remained. Nevertheless, the whole incident was incredibly entertaining, and Boone's 35 ejections in a short span of time is quite an impressive feat.
Powerball winning numbers for April 22 drawing: Jackpot rises to $129 million: The Powerball jackpot had its regular drawing on Monday, April 22 ...
usatoday.com/story/money/lottery/2024/04/22/powerball-winning-numbers/73419134007/
New York teens take advantage of a day off school to watch Trump's hush money trial up close
nbcnews.com/politics/donald-trump/new-york-teens-take-advantage-day-school-watch-trumps-hush-money-trial-rcna148978
‘The Jinx Part Two’ Review: Filmmaking a Murderer: A new installment of HBO’s landmark true-crime documentary continues the strange, sad story of Robert Durst ...
nytimes.com/2024/04/22/arts/television/jinx-part-two-review.html
Elon Musk accuses Australia of censorship over Sydney church stabbing video: Tech billionaire Elon Musk has accused Australia of censorship after an Australian ...
apnews.com/article/australia-elon-musk-church-stabbing-bishop-sydney-c8df3c8e905bdfe6b672faaa2ecc54f3
‘Tortured Poets’ Has Shifted the Taylor Swift Debate. Let’s Discuss.: The superstar’s 11th album is a 31-song excavation of her recent relationships that is not ...
nytimes.com/2024/04/23/arts/music/taylor-swift-tortured-poets-department-debate.html
Elon Musk apologizes to laid off Tesla employees for a major mistake
kentucky.com/news/business/article287862635.html
Activist at NYC cafe demands Alec Baldwin say ‘Free Palestine, f**k Israel’: Pro-Palestine protester also taunts celebrity over fatal 2021 movie set shooting ...
timesofisrael.com/activist-at-nyc-cafe-demands-alec-baldwin-say-free-palestine-fk-israel/
Wall St rallies on bright earnings, megacaps' support: Wall Street's main indexes advanced on Tuesday as growth and chip shares gained, while stocks like General ...
reuters.com/markets/us/futures-inch-higher-run-up-corporate-earnings-2024-04-23/
Trump Disses ‘Very Unfair’ Jury on Eve of Contempt Hearing at Hush-Money Trial: Trump phoned in to a conservative radio show Monday night, once again decrying ...
thedailybeast.com/trump-disses-very-unfair-jury-on-eve-of-contempt-hearing-at-hush-money-trial
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Campus Antiwar Protests Grow, and Trump Fights Attempts to Silence Him: Plus, “Blair Witch” actors push for royalties.
nytimes.com/2024/04/23/podcasts/campus-protests-trump.html
Elon Musk wanted to lay off 20% of Tesla's workforce, report says: The layoffs may have also affected more people than previously believed — more than 20,000
qz.com/tesla-layoffs-elon-musk-slow-sales-growth-q1-earnings-1851426414
Elon Musk – arrogant billionaire or free speech warrior?: Either way it stinks
theguardian.com/commentisfree/picture/2024/apr/23/elon-musk-arrogant-billionaire-or-free-speech-warrior
Too Many Tourists? Barcelona Is Throwing Them Under the Bus: No one likes overcrowding, but cities should be careful not to make things too difficult for ...
bloomberg.com/opinion/articles/2024-04-23/too-many-tourists-barcelona-is-throwing-them-under-the-bus
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Mercedes-Benz beats Tesla to selling Level 3 autonomous cars in the U.S.: Notably, it's very limited autonomous driving.
mashable.com/article/mercedes-benz-level-3-autonomy
Taylor Swift Has Given Fans a Lot. Is It Finally Too Much?: Swift has been inescapable over the last year. With the release of “The Tortured Poets Department ...
nytimes.com/2024/04/22/arts/music/taylor-swift-album-fatigue.html
Quick Glance: Patti Smith Applauds Taylor Swift in 'Tortured Poets Department'
- Taylor Swift mentions Patti Smith in her new album 'The Tortured Poets Department'.
- Smith responded positively by posting photos of herself with a book by Dylan Thomas.
- Despite seeming different, Smith expressed understanding for Swift and praised her for potentially influencing fans positively.
- HuffPost calls for support for high-quality journalism that is freely accessible to all.
3 Lessons for Leaders From Elon Musk's $100 Billion Payday: When making executive comp decisions, it's important to focus on sustainable value.
inc.com/peter-cohan/3-lessons-for-leaders-from-elon-musks-100-billion-payday.html
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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NYPD blames faculty, ‘professional agitators’ in NYU Gaza protest arrests: The unrest at NYU over the war between Israel and Hamas was latest in a string of mass ...
nydailynews.com/2024/04/23/nypd-blames-faculty-professional-agitators-in-nyu-gaza-protest-arrests-anti-semitism/
Tesla (TSLA) Results: Stock in ‘No Man’s Land’ After 43% Rout Ahead of Earnings: Elon Musk is known to challenge the status quo — and that’s exactly what Tesla ...
bloomberg.com/news/articles/2024-04-23/tesla-stock-in-no-man-s-land-after-43-rout-ahead-of-earnings
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Can Trump Still Run for President if He Is Convicted?: The Constitution and American law have clear answers for only some of the questions that would arise if a ...
nytimes.com/article/trump-investigation-conviction.html
Express bankruptcy: Full list of mall brand’s 95 stores marked for closure: The clothing retailer is shuttering stores in New York, California ...
fastcompany.com/91110749/express-files-for-bankruptcy-closes-95-store-locations-full-list
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
Jets trade Zach Wilson to Broncos. Reactions and grades for Quarterback trade: The New York Jets traded quarterback Zach Wilson to the Denver Broncos on Monday ...
usatoday.com/story/sports/nfl/2024/04/22/zach-wilson-trade-reactions-grades-broncos-jets/73416604007/
Quick Glance: Zach Wilson Trade Notes: Jets Deal QB to Broncos before 2024 NFL Draft
- Nearly three years have passed since the New York Jets selected quarterback Zach Wilson as the second overall pick in the 2021 NFL Draft and are now officially trading the heavily criticized signal-caller to the Denver Broncos.
- At the age of 24, Wilson has been available since the beginning of the 2024 offseason, with the team's general manager, Joe Douglas, openly stating the intention to relocate the former first-round pick.
- In urgent need of quarterback reinforcements, the Broncos made significant roster moves by releasing veteran starter Russell Wilson before free agency and entering the draft with Jarrett Stidham leading the depth chart.
- By signing journeyman Tyrod Taylor as Aaron Rodgers' primary backup earlier this offseason, the Jets effectively indicated the conclusion of Zach Wilson's tenure with the team.
Columbia University: Biden condemns anti-Semitism at protests in New York: Anti-Semitic slogans were also shouted during anti-Israel protests at the renowned ...
spiegel.de/ausland/columbia-university-joe-biden-verurteilt-antisemitismus-bei-protesten-in-new-york-a-4e34d199-eba4-441f-b481-3960393772b7
Quick Glance: Biden condemns Antisemitism at Columbia University Protests
- US President Joe Biden warns against antisemitism at anti-Israel protests at Columbia University in New York and calls for empathy towards Palestinians.
- Students demonstrate in solidarity with Palestinians and against the Israeli government, leading to intense antisemitic remarks.
- A rabbi warns Jewish students not to enter the campus after antisemitic chants, and the police disband a pro-Palestinian tent camp, resulting in arrests.
- Biden condemns the antisemitism, emphasizing that such incidents have no place on the campus or in the country.
Slide Over, Auntie: Young Chinese Find Tasty Meals in Senior Canteens: The community canteens, offering huge plates for a dollar or two, have become popular ...
nytimes.com/2024/04/23/business/shanghai-tongxinhui-community-canteen.html
Cleveland-Cliffs (CLF) CEO Goncalves Says Share Buybacks Better Than Takeovers: Cleveland-Cliffs Inc.’s top boss says buying back shares make more sense than ...
bloomberg.com/news/articles/2024-04-22/cliffs-ceo-calls-share-buybacks-better-use-of-money-than-deals
San Francisco Mayor Gives Panda Diplomacy a Try: In a city still struggling to recover from the pandemic, Mayor London Breed hopes giant pandas will lift the ...
nytimes.com/2024/04/22/us/san-francisco-mayor-gives-panda-diplomacy-a-try.html
5 takeaways from opening statements in Trump’s criminal trial: Trump has denied the 34 felony charges, calling them orchestrated by Democrats; if convicted ...
nytimes.com/2024/04/22/nyregion/trump-trial-opening-statements-takeaways.html
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.
Tesla's short-lived marketing team laid off: Tesla scraps its marketing team just months after it began, continuing the company's workforce reduction.
businessinsider.com/tesla-new-marketing-team-advertising-cut-layoffs-2024-4
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 ...
reut.rs/3Qet0Ux
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.
Trump hush money trial live updates: Hearing to determine if Trump is held in contempt
abcnews.go.com/US/live-updates/trump-hush-money-trial/
Quick Glance: Twelve Jurors Seated in Trump's Hush Money Trial
- A jury of 12 individuals was empaneled on Thursday in the landmark hush money trial of former President Donald Trump, bringing the proceedings closer to opening arguments and the commencement of weeks filled with compelling testimonies.
- The upcoming trial is anticipated to present unfavorable testimonies regarding Trump's personal life pre-presidency, including accusations of manipulating business records to suppress narratives in the final days of the 2016 election surrounding his intimate relationships.
- Central to the trial is a payment of $130,000 made by Cohen just before the 2016 election to adult film actress Stormy Daniels, aimed at preventing her allegations of a sexual encounter with Trump from being publicized in the campaign's final stretch.
- The selection of the jury holds paramount significance in any criminal proceeding, particularly so when the accused is a former president and the presumed Republican candidate. Potential jurors have undergone extensive scrutiny concerning their online presence, personal backgrounds, and political stances as legal representatives and the judge meticulously scrutinize for partialities that could compromise their impartiality.
Kate Middleton Holding ‘Private Party’ for Birthday Boy Prince Louis: Report: The Princess of Wales is trying to keep things normal despite her cancer diagnosis ...
thedailybeast.com/kate-middleton-holding-private-party-for-birthday-boy-prince-louis-report
Quick Glance: Celebration of Prince Louis' Sixth Birthday by Kensington Palace
- A recent photo of Prince Louis, captured by The Princess of Wales in Windsor, has been posted on Kensington Palace's social media to commemorate his sixth birthday.
- In honor of his sixth birthday, events are being organized for William and Kate's youngest child to partake in.
- The released photo marks the first image of the children since the contentious Mother's Day picture altered by Kate.
- Following the Easter break, Prince Louis resumes classes at Lambrook School in Berkshire alongside his siblings.
Columbia University shifts classes to remote-only after a wave of protests on campus
npr.org/2024/04/22/1246294353/columbia-yale-protests-arrests-palestine-israel
Neom Hosts Show-and-Tell for Bankers as It Scours for More Cash: Hundreds of bankers will descend on Saudi Arabia’s Neom this week as developers for the ...
bloomberg.com/news/articles/2024-04-22/neom-hosts-show-and-tell-for-bankers-as-it-scours-for-more-cash
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Etihad launches Airbus A380 on Abu Dhabi-New York route - News | Khaleej Times: Addition of A380 significantly boosts Etihad's capacity in the US market ...
khaleejtimes.com/uae/etihad-launches-airbus-a380-on-abu-dhabi-new-york-route
Quick Glance: Etihad Introduces A380 on New Route
- Etihad Airways flight EY1 from Abu Dhabi to New York landed at John F. Kennedy International Airport, marking the start of the airline's A380 double-decker service including The Residence, a luxurious three-room suite in the sky.
- The decision to introduce the A380 on the popular New York route aligns with the strategy to meet growing customer demand and expand the network. This move comes shortly after the launch of the new route to Boston, Etihad's fourth US gateway, emphasizing the commitment to serve and expand in the North American market.
- The integration of the A380 significantly increases Etihad's capacity in the crucial US market and provides convenient connections to the wider Middle East and the Indian subcontinent.
- One of Etihad's two daily flights to New York will be operated by the A380, while the other will be serviced by a 787-9, offering First, Business, and Economy cabins.
Tesla earnings week spotlights EV price cuts, ‘balls to the wall’ autonomy push: Tesla investors, still digesting a 43% drop in share price since the beginning ...
techcrunch.com/2024/04/23/tesla-earnings-week-spotlights-price-cuts-elons-balls-to-the-wall-autonomy-push/
Israel Hasn’t Offered Evidence Tying U.N. Workers to Hamas, Review Says: The review did not address whether some employees of a U.N. agency, UNRWA ...
nytimes.com/2024/04/22/world/middleeast/unrwa-israel-hamas-report.html
Stock market today: Tesla kicks off Magnificent 7 earnings season: Shares in Elon Musk's electric car maker have plummeted this year amid signs of a slowdown in ...
businessinsider.com/stock-market-today-tesla-elon-musk-magnificent-seven-big-tech-2024-4
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.
Hot Seat: The Bloomberg Close, Americas Edition: Good afternoon. Here's what you need to know to end your day.
bloomberg.com/news/newsletters/2024-04-22/hot-seat-the-bloomberg-close-americas-edition
Five Things You Need to Know to Start Your Day: Asia: Good morning. Tesla reports during busy US earnings week. Indian options strategy stirs courtroom drama ...
bloomberg.com/news/newsletters/2024-04-22/five-things-you-need-to-know-to-start-your-day-asia
Elon Musk’s X Launches TV App As It Pushes Video Ambitions: X Video app: Elon Musk's Twitter launches video app for smart TV sets.
hollywoodreporter.com/business/business-news/elon-musk-x-launches-tv-video-app-1235879440/
Superfakes: Copycat manufacturers are becoming increasingly skilled at producing knock-off designer handbags
abcnews.go.com/Business/superfakes-copycat-manufacturers-becoming-increasingly-skilled-producing-knock/story
Elon Musk doesn’t know how to turn Tesla around: When Elon Musk unveils the quarterly results for Tesla later today, he will need to convince his shareholders he ...
spectator.co.uk/article/elon-musk-doesnt-know-how-to-turn-tesla-around/
Elon Musk hits back at Australian court order against X images of stabbing: The Tesla billionaire uses posts on his social media platform to attack Anthony ...
theguardian.com/technology/2024/apr/22/elon-musk-hits-back-at-australian-court-order-against-x-images-of-stabbing
Cybertruck recall completes Tesla's humiliation: Tesla's latest vehicle was widely mocked even before its accelerator pedal problem. Now it's a national joke.
mashable.com/article/cybertruck-is-over
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.
New York Stock Exchange tests views on round-the-clock trading: Poll comes as US regulators review Steve Cohen-backed proposal for a 24/7 exchange
ft.com/content/31c3a55b-9af9-4158-8a49-4397540571bf
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