Health care giant UPMC is laying off about 1,000 employees throughout its 40-hospital system, which follows an operational loss of $198 million in 2023. In
Evercore ISI analysts lowered their price on Tesla (NASDAQ:TSLA) from $155
Tesla Inc. is reportedly set to lay off 693 employees at its Nevada facilities as part of the 10% layoff announced by the company. read more
Elon Musk's new plan to use current product lines as the basis for new affordable vehicles - rather than springing for all-new models - follows the playbook of Tesla's old-school Detroit rivals, as some Tesla investors and analysts see it. The shift toward incremental improvement, mirroring a common strategy of Ford and General Motors, suggests the future of car-making that Musk has promised to disrupt may still look a lot like the past. Musk's new strategy followed an exclusive Reuters report...
A deep discussion of FSD, Tesla in China, FSD competition. Warren and Brian talk Supercharging, FSD and Teslabot analysis that is unique, deep and sometimes mindblowing. There has been a lot of highly impactful news from Tesla about FSD improvements and they are in the process of being able to use and sell FSD in
Earnings miss notwithstanding, momentum continued to build for Tesla's stock, which was rallying 11% in after hours trading. That's in large part because the EV maker said it plans on adding to its lineup and marketing a cheaper EV as early as next year, while investing in robotaxis as well. These
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.
Today on TAP: Can Biden link good economics with good politics?
The entire division of Tesla responsible for the company's public supercharger network is being canned, reports the BBC. Citing messages from those affected, it counts "hundreds" of firings. CEO Elon Musk recently decided to slash the workforce at the company, where sales are slowing and competition is toughening as electronic vehicles go mainstream. — Read the rest
Ford, Chevy, and other major new entrants into the (formerly) lucrative electric vehicle business have — or perhaps
THE Cabinet recognised the efforts of the national workforce across sectors and thanked them for their contributions to the kingdom’s achievements, emphasising their role in driving excellence, on International Workers’ Day (Labour Day).His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister, yesterday chaired the weekly Cabinet meeting at Gudaibiya Palace.The Cabinet affirmed the importance of His Majesty King Hamad’s visit to the UAE, where he and UAE President...
Brian Wang and Randy Kirk recorded this discussion four days before the Q1 earnings call on Tuesday April 23. We predicted several aspects of the earnings call but also post earnings developments. This was recorded at the same time as the reaction video to the insightful BG2 Pod that Brad Gerstner and Bill Gurley made.