The Cybertruck hasn’t even hit the market yet, and Elon Musk already is lamenting that Tesla Inc. has dug its own grave. Its stainless steel body may be able to withstand bullets and arrows, but it’s going to be a bear putting the panels together. It will be Tesla’s first high-voltage vehicle, offering the benefit of faster charging, but … Read more
World’s richest man and Tesla CEO Elon Musk has apologised to India’s commerce minister Piyush Goyal for not being able to be with him during a visit to the company’s factory in Fremont, California. The billionaire said it was an “honour” to have Goyal visit the Fremont plant and expressed optimism about meeting the minister … Read more
Apple, Tesla, and the Rest of the Big 7 Stocks Have Been Winners … Barron’s Source link
British Prime Minister Rishi Sunak championed a series of landmark agreements after hosting the first artificial intelligence (AI) safety summit but a global plan for overseeing the technology remains a long way off. Over two days of talks between world leaders, business executives and researchers, tech CEOs such as Elon Musk and OpenAI’s Sam Altman … Read more
Kyla Scanlon is hardly your typical markets commentator—but then again how many 16-year-old girls growing up in Louisville traded stock options on the weekend. “It was just something interesting to do. My parents were supportive,” she says. “My dad dabbled in it and so he was like, ‘this is a cool way for you to … Read more
Competition is intensifying in China’s automated-driving scene with the arrival of Jiyue 01, the first electric vehicle from a joint venture between Zhejiang Geely Holding Group Co. and Chinese search and tech giant Baidu Inc. Launching Friday, the sport-utility vehicle is equipped with Baidu’s Apollo platform, which has been in development for 10 years and … Read more
X (formerly Twitter) owner Elon Musk recently put forth a surprising proposition for Wikipedia. In what he termed “in the interests of accuracy”, Musk expressed his willingness to donate $1 billion to the online encyclopedia if it consented to rename itself ‘Dickipedia’. The billionaire’s stipulation came with a further condition that the name change must … Read more
Both interest rates and the stock market have risen handily in 2023, despite the former being a headwind to the latter. The question is how long it will be before one or the other blinks. Although the returns on cash and bonds can’t really compare to equities longer term, it’s easy to see why higher … Read more
Tesla Inc. released an updated version of the Model Y in China, with improved configurations and the same starting price, in a push to better compete with local rivals. Among the changes is a slightly faster 0-100 km/h acceleration time of 5.9 seconds, a new wheel design and added ambient lighting, the automaker said in … Read more
Nvidia Corp has led the global rally picked up by new-age tech stocks in 2023, rising as high as over 196 per cent in the first six months after artificial intelligence (AI) took center-stage this year. AI opened up a Pandora’s Box of possibilities for new age tech stocks, with Nvidia riding the wave furthest … Read more