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Elon Musk's net worth slips below $200 billion as Tesla shares waver: Elon Musk's net worth dropped below $200 billion on Tuesday as investors dumped Tesla Inc ...
reuters.com/technology/elon-musks-net-worth-slips-below-200-billion-tesla-shares-waver-2022-11-08/
Elon Musks net worth falls below $200bn; Investors dump Tesla shares as he becomes ‘more focused on Twitter
wionews.com/world/investors-dump-tesla-shares-as-musk-becomes-more-and-more-focused-on-twitter-his-net-worth-below-200bn-532381
On Tuesday, as Tesla’s stock hit a 52-week low in early morning trading, Musk’s fortune dropped to an estimated $195.6 billion as of 10 am Eastern ... Show more https://trib.al/cYkrFjk
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Elon Musk's net worth slips below $200 billion as Tesla shares waver: Elon Musk's net worth dropped below $200 billion on Tuesday as investors dumped Tesla Inc ...
reuters.com/technology/elon-musks-net-worth-slips-below-200-billion-tesla-shares-waver-2022-11-08/
Elon Musks net worth falls below $200bn; Investors dump Tesla shares as he becomes ‘more focused on Twitter
wionews.com/world/investors-dump-tesla-shares-as-musk-becomes-more-and-more-focused-on-twitter-his-net-worth-below-200bn-532381
Tesla Falls Victim to Elon Musk's Takeover of Twitter: The manufacturer of premium electric vehicles continues to drop on the stock market.
thestreet.com/technology/tesla-falls-victim-to-elon-musks-takeover-of-twitter
Elon Musk’s net worth slips below $200 billion as Tesla shares waver: Investors are worried he’s preoccupied with Twitter.
stltoday.com/business/local/elon-musk-s-net-worth-slips-below-200-billion-as-tesla-shares-waver/article_580cfead-9a6b-5ac6-a23f-ec6449824f53.html
Tesla Gains as EV Maker Says It’ll Accelerate Affordable Models
bloomberg.com/news/live-blog/2024-04-23/tesla-first-quarter-earnings
Tesla shares take off in double digits: Elon Musk can convince the stock market: Tesla shares rise 13% in after-hours despite missed expectations ...
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.
Australian PM calls Elon Musk an 'arrogant billionaire' in row over attack footage
bbc.com/news/world-australia-68878967
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
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
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.
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.
Musk targets Australian senator, gun laws in deepening dispute over X stabbing content
reut.rs/44aDGJP
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 (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.
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 Drops Its Full Self-Driving Price To $8,000: The drop represents a $4,000 price drop in the United States
pcmag.com/news/tesla-drops-its-full-self-driving-price-to-8000
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.
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 recalls all 3,878 Cybertrucks over accelerator pedal issue - National | Globalnews.ca
trib.al/lNW0Xx7
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 cuts its car prices around the world after week of turmoil for the company: The company dropped its starting prices of its Model X, Model Y and Model S by ...
npr.org/2024/04/21/1246256484/tesla-car-price-cuts-elon-musk-cybertruck
Tesla to launch new models ahead of planned timeline, shares jump: Tesla said on Tuesday it had pulled forward the launch of new models, sending its shares up 6% ...
reut.rs/3UektlH
Cybercab? Elon Musk Appears to Share Tesla Robotaxi Name on Earnings Call: Tesla also reveals screenshots of the robotaxi mobile app as it gears up for an August ...
pcmag.com/news/cybercab-elon-musk-appears-to-share-tesla-robotaxi-name-on-earnings-call
Australia PM calls Musk 'arrogant billionaire' after court orders X to hide church stabbing posts
reut.rs/448L5t3
Tesla's Cybertruck needs a hole drilled through the accelerator pedal: A user posted a 35-second video on X of him fixing the gas pedal issue that caused a ...
businessinsider.com/tesla-cybertruck-accelerator-pedal-recall-fix-includes-drilling-hole-2024-04
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
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/
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
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
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.
Tesla has lowest maintenance and repair cost of any brand: Tesla has the lowest maintenance and repair cost of any brand, according to a new study by Consumer ...
electrek.co/2024/04/22/tesla-lowest-maintenance-repair-cost-any-brand/
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.
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/
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
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
Tesla brings forward new models as profits halve : The EV maker brings forward launch plans for new models as profits drop by more than half.
bbc.com/news/articles/c72pvz18x4lo
Tesla recalls Cybertrucks over accelerator crash risk: The electric car company, run by Elon Musk, is recalling thousands of what is its latest vehicle.
bbc.com/news/articles/c9ezp0lv039o
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 to lay off nearly 2,700 employees in Texas factory, notice shows: Tesla will lay off 2,688 employees at its Texas factory, the electric vehicle maker said ...
reuters.com/business/autos-transportation/tesla-lay-off-nearly-2700-employees-texas-factory-notice-shows-2024-04-23/
Quick Glance: Tesla to Lay Off Nearly 2,700 Employees in Texas Factory
- Tesla will lay off 2,688 employees at its Texas factory, as indicated in a notification.
- The layoff was done under the WARN Act, a U.S. labor law requiring companies with 100+ employees to notify ahead of planned closings or mass layoffs.
- Tesla announced that the layoffs will begin on June 14, amidst falling sales and an escalating price war.
- The global job cuts include 285 employees in Buffalo, New York, as part of another round of layoffs cutting over 10% of jobs.
Tesla cuts prices after massive Cybertruck recall: The Model Y is currently sitting at the cheapest price it's ever been.
mashable.com/article/tesla-drop-prices-for-several-cars-excluding-cybertruck
Tesla’s $939 Billion Valuation Lead Over Toyota Is Almost Gone: Two and a half years ago, Tesla Inc. was worth almost $1 trillion more than Toyota Motor Corp. ...
bloomberg.com/news/articles/2024-04-23/tesla-s-939-billion-valuation-lead-over-toyota-is-almost-gone
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Tesla slashes prices amid slumping sales: Tesla dropped the prices of its vehicles globally on Friday as the largest electric vehicle manufacturer faces ...
thehill.com/business/4610375-tesla-slashes-prices-amid-slumping-sales/
Tesla: EV giant cuts prices in major markets as sales fall: The move comes after the firm reported a sharp fall in deliveries in the first three months of 2024.
bbc.com/news/articles/c1d4g8jz57yo
Elon Musk and Javier Milei share their love of free markets in first meeting: Tesla boss shows Argentine president Texas factory where they talked about lithium ...
ft.com/content/604e66e3-597c-49e8-bac5-5d51a7a35abd
Quick Glance: Elon Musk and Javier Milei Discuss Free Markets and Investment Opportunities
- Elon Musk and Argentine president Javier Milei met for the first time at Tesla's Texas factory.
- They discussed market liberation, eliminating bureaucratic obstacles, and investment opportunities.
- Milei unexpectedly won an election focused on spending cuts and inflation reduction.
- Both shared similar views on free markets and expressed support for Israel in conflicts.
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 slashes car and self-driving software prices after chaotic week: Three models are $2,000 cheaper in the US, while the self-driving software now costs $8 ...
businessinsider.com/tesla-slashes-prices-suv-cars-self-driving-software-before-earnings-2024-4
Tesla previews ride-hailing experience ahead of August robotaxi unveil: Tesla has shown off a preview of an upcoming ride-hailing feature in its app ahead of an ...
engt.co/3Jxf2JN
Tesla offers zero down payments on Model 3, Model Y in China: Tesla Inc has offered zero down payments on its Model 3 and Model Y vehicles in China ...
reuters.com/business/autos-transportation/tesla-offers-zero-down-payments-model-3-model-y-china-2024-04-24/
Tesla's shift on low-cost cars throws Mexico, India factory plans into limbo: Tesla said on Tuesday that it will use its existing factories to build new and more ...
reut.rs/4b5CHwE
Tesla’s earnings plunge, but the company promises cheaper car model: Tesla reported its first quarter adjusted earnings plunged 48%, falling short of lowered ...
cnn.com/2024/04/23/business/tesla-report-earnings-result/
Tesla's Q1 Results Will Be Riveting, But Let's Focus On What Matters: Tesla has been rightfully pressured in recent period, but glimmers of hope for long-term ...
seekingalpha.com/article/4685094-tesla-q1-results-riveting-focus-on-what-matters
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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/
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 makes its controversial Full Self-Driving software cheaper by $4,000: Tesla shared on X this weekend that it's reduced the price of its Full Self-Driving ...
engt.co/3Qamy0M
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 recalling nearly 4,000 Cybertrucks because accelerator pedal can get stuck: Tesla is recalling nearly 4,000 of its 2024 Cybertrucks after it discovered ...
chicagotribune.com/2024/04/19/tesla-cybertruck-recall/
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.
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
Is Elon Musk Forcing Everyone To View Tesla As An AI Company?: Tesla stock is hitting fresh 52-week lows ahead of Q1 earnings Tuesday as Elon Musk keeps hinting ...
investors.com/news/tesla-stock-elon-musk-an-ai-company-after-tesla-earnings/
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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Tesla cuts Model Y, X and S prices in the US and says it's ending the referral program
engadget.com/tesla-cuts-model-y-x-and-s-prices-in-the-us-and-says-its-ending-the-referral-program-172311662.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
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/
Stock Market's ‘Humbling’ Cycle Forces Morgan Stanley's Wilson to Stay Nimble
bloomberg.com/news/newsletters/2024-04-23/stock-market-s-humbling-cycle-forces-morgan-stanley-s-wilson-to-stay-nimble
Tesla sees biggest revenue drop since 2012 but company shares still surge: Shares are up despite a revenue decline of 9% after company said it expects to release ...
theguardian.com/technology/2024/apr/23/tesla-tsla-earnings-report-cybertruck
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
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 targeting about 400 voluntary job cuts in Germany: Tesla is targeting around 400 job cuts at its German gigafactory near Berlin, or about 3% of the plant's ...
reuters.com/business/autos-transportation/tesla-aims-cut-400-jobs-germany-via-voluntary-programme-2024-04-23/
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.
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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Big Fund Doubles Down on Palantir Stock, Sells Apple, Tesla, Microsoft
barrons.com/articles/palantir-stock-apple-tesla-microsoft-1ab0e0ba
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🔴WATCH LIVE: Tesla Q1 2024 Earnings Call | $TSLA: Benzinga Live on X (Twitter)
twitter.com/i/broadcasts/1vOxwjVvDYrJB
Tesla's future is riding on Elon Musk believers: Tesla reported a drop in revenue during its first quarter earnings call, falling short of expectations and ...
businessinsider.com/teslas-future-is-riding-on-elon-musk-believers-2024-4
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.
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
Wall Street Breakfast Podcast: Tesla's Weekend Moves: Price Cuts, Pressures Precede Earnings
seekingalpha.com/article/4685047-wall-street-breakfast-podcast-teslas-weekend-moves-price-cuts-pressures-precede-earnings
Tesla (TSLA) Global Job Cuts Includes Layoffs in Austin: Tesla Inc. plans to cut more than 6,000 jobs across Texas and California as part of Chief Executive ...
bloomberg.com/news/articles/2024-04-23/tesla-to-cut-2-688-roles-in-texas-as-it-slashes-global-workforce
Morning Bid: Tanking Tesla reports, Europe business beats: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2024-04-23/
Quick Glance: Hope for Strong Quarterly Results Drives Wall St Stocks
- Wall Street stocks saw an increase on Monday as investors anticipated a busy week of quarterly results from key companies to gain insight into the health of the U.S. economy.
- All 11 S&P 500 sectors experienced growth, with technology and financial stocks leading the gains.
- In addition to the outstanding corporate earnings, markets are also looking forward to the upcoming release of the PCE data in March later this week to further understand the monetary policy trajectory.
- Megacap growth stocks showed gains, including Alphabet, Amazon.com, and Apple, along with Nvidia's increase to recover from a previous decline.
🔊 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
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
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