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HomeTechnology

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Electric vehicle giant Tesla Inc reported second-quarter financial results after the market close Wednesday. Here are the key highlights. CFOTO/GETTY IMAGES 
Technology

Tesla Beats Revenue Expectations, Reports Record Production And Deliveries

July 20, 2023 1skholloway1975 Comments Off on Tesla Beats Revenue Expectations, Reports Record Production And Deliveries

Q2 revenue of $24.93B beats estimates, automotive revenue up 46%, Cybertruck production on track […]

Apple's Intraday Move Adds More Market Cap Than Coinbase's Total Worth. THIAGO PRUDENCIO/GETTY IMAGES 
Crypto

Apple’s Stock Surge Adds $80.83B In Market Cap, Outpacing Russell 2000 Index

July 20, 2023 1skholloway1975 Comments Off on Apple’s Stock Surge Adds $80.83B In Market Cap, Outpacing Russell 2000 Index

Apple’s push into artificial intelligence fuels gains as it develops AI tools to challenge rivals. […]

Tesla, Inc. CEO Elon Musk sprang in a surprise in early 2021 when the company revealed in its 10-K report for the fiscal year 2020 that it invested an aggregate of $1.5 billion of cash in Bitcoin. JONATHAN RAA/GETTY IMAGES 
Crypto

Tesla Holds $184 Million In Digital Assets, Sells Bitcoin Amid China Uncertainty

July 20, 2023 1skholloway1975 Comments Off on Tesla Holds $184 Million In Digital Assets, Sells Bitcoin Amid China Uncertainty

CEO Elon Musk’s company maintains its crypto investment but divests to maximize cash position […]

EV giant Tesla Inc warned it may further cut prices on its vehicles. SCOTT OLSON/GETTY IMAGES 
Technology

Tesla CEO Musk Uncertain About Global Economy As Interest Rates Threaten Car Affordability.

July 20, 2023 1skholloway1975 Comments Off on Tesla CEO Musk Uncertain About Global Economy As Interest Rates Threaten Car Affordability.

Tesla warns of possible further price cuts on vehicles amid rising interest rates. […]

Visitors view the Tesla Bot humanoid robot of Tesla Optimus at the 2023 World Artificial Intelligence Conference in Shanghai, China, July 6, 2023. Tesla CEO strongElon Musk has /strongsaid the first Optimus bot that will have all the Tesla-designed actuators integrated and walking will be ready by around November. (CFOTO/Future Publishing via Getty Images)
C-Suite

Tesla CEO Elon Musk Targets November For First Fully Integrated Optimus Bot With Custom Actuators

July 20, 2023 1skholloway1975 Comments Off on Tesla CEO Elon Musk Targets November For First Fully Integrated Optimus Bot With Custom Actuators

Musk ‘pretty confident’ the bots would be able to do something useful in Tesla factories sometime next year. […]

Artificial intelligence illustrations are seen on a lapto with books in the background in this illustration photo on 18 July, 2023. It has built its framework to create large language models or the AI-based systems at the heart of new offerings like ChatGPT and Google’s Bard, Bloomberg reports, a href=https://www.bloomberg.com/news/articles/2023-07-19/apple-preps-ajax-generative-ai-apple-gpt-to-rival-openai-and-google?sref=TBDibEcDciting/a familiar sources. PHOTO BY JAAP ARRIENS/GETTY IMAGES
Technology

Apple Quietly Developing AI Tools To Challenge Google And OpenAI

July 19, 2023 1skholloway1975 Comments Off on Apple Quietly Developing AI Tools To Challenge Google And OpenAI

Reports suggest Apple is building its own large language models and chatbot service to rival industry leaders. […]

One of the most highly anticipated vehicle launches, the first Tesla Inc  Cybertruck, has taken a step closer to reality as it rolled off the production line. J. BROWN/GETTY IMAGES 
Technology

Ford Cuts Prices In Anticipation Of Tesla Cybertruck Pricing Announcement

July 19, 2023 1skholloway1975 Comments Off on Ford Cuts Prices In Anticipation Of Tesla Cybertruck Pricing Announcement

Tesla Cybertruck pricing looms as Ford slashes prices ahead of launch […]

ARK Invest, led by Cathie Wood, has reportedly reduced the valuation of its Twitter stake by 47% since the company was taken private by Elon Musk last year. MARCO BELLO/GETTY IMAGES 
Technology

Cathie Wood’s ARK Invest Slashes Value Of Twitter Stake, But Remains Bullish On Elon Musk’s Vision

July 19, 2023 1skholloway1975 Comments Off on Cathie Wood’s ARK Invest Slashes Value Of Twitter Stake, But Remains Bullish On Elon Musk’s Vision

ARK Invest has reduced the valuation of its Twitter stake by 47% since the company was taken private by Elon Musk last year. […]

Less than six months after debuting its first electric vehicles in the United States, Vietnamese EV manufacturer VinFast announced on Tuesday its plans to begin construction of an EV factory in Chatham County, North Carolina. FREDERIC J. BROWN/GETTY IMAGES 
Technology

VinFast To Build EV Factory In North Carolina, Aims To Supply North American Market

July 19, 2023 1skholloway1975 Comments Off on VinFast To Build EV Factory In North Carolina, Aims To Supply North American Market

Vietnamese EV manufacturer plans construction of 1,800-acre factory with initial capacity of 150,000 vehicles per year. […]

Tesla, Inc. is scheduled to report its second-quarter results Wednesday after the market close. Analysts, on average, expect earnings per share to rise year-over-year from $0.76 to $0.82 and revenue to jump 44.50% to $24.48 billion. CFOTO/GETTY IMAGES 
Technology

Tesla Q2 Earnings: Analyst Unfazed By Auto Gross Margin Concerns

July 19, 2023 1skholloway1975 Comments Off on Tesla Q2 Earnings: Analyst Unfazed By Auto Gross Margin Concerns

Gene Munster of Deepwater Asset Management expects improving margins in the back half of the year. […]

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