After Tesla experienced its first sales drop in four years, CEO Elon Musk told shareholders that the electric car company would start producing more affordable electric cars ahead of schedule.
The carmaker's profits fell 55% in the first quarter of 2024. Elon Musk faces major challenges in Tesla's EV and AI efforts.
XAI, a company linked to renowned innovator Elon Musk, has unveiled Grok 1.5 Vision (Grok-1.5V), a innovative multimodal AI model that represents a significant advancement in artificial intelligence. This sophisticated technology is engineered to interpret and process a vast array of visual data, signifying a notable milestone in AI development. As we explore the intricacies […]
Tesla has decided to reduce the price of its 'full self-driving' subscription by half to $99 per month. This decision has led Gene Munster, Managing Partner at Deepwater Asset Management, to predict the end of manual driving. read more
After a dismal quarter for Tesla, CEO Elon Musk tried to reassure investors the company’s real value was its effort to perfect self-driving cars.
Global Global Data Center UPS Market Global Global Data Center UPS Market Dublin, April 22, 2024 (GLOBE NEWSWIRE) -- The "Global Data Center UPS Market - Forecasts from 2024 to 2029" report has been added to ResearchAndMarkets.com's offering.The global data centre UPS market is projected to grow at a CAGR of 9.57%, reaching a market size of US$6.015 billion in 2029, from US$3.172 billion in 2022.Any power failure can cause a devastating impact on mission-critical computers, data, and...
Elon Musk may be living on borrowed time as CEO of Tesla, as the Cybertruck stalls and the stock falls. Why price cuts won't help.
With the spring car-buying season starting just as tax return checks arrive, these are the biggest savings available on slightly used cars versus their new-model equivalents.
Tesla CEO Elon Musk faces heightened pressure with Tuesday's earnings report to reassure investors that recent stumbles are simply unexpected speed bumps -- and not indications of a road to decline.The electric car maker, which enjoyed scorching growth for most of 2022 and 2023, has experienced setbacks that analysts say have raised the stakes for the first-quarter report.Tuesday's earnings and conference call are a moment of truth for Tesla and Musk, constituting one of the most important...
Tesla's sales are down. It's slashing car prices and laying off staff. Yet CEO Elon Musk remains bullish on a future that's self-driving and battery-powered.
Tesla chief Elon Musk has postponed a planned trip to India where he was to meet Prime Minister Narendra Modi and announce plans to enter the South Asian market, four people familiar with the matter say. Tesla and Modi’s office did not immediately respond to requests for comment. After Reuters reported his India trip plans […]
Tesla stock is priced for a mainstream, autonomous future, but the company faces strategic uncertainty, leadership troubles, and hardening competition.