Musk raises prospect of Tesla investing in his anti-woke AI start-up
Should Tesla Inc (NASDAQ:TSLA) invest $5 billion into OpenAI competitor xAI? That is the simple question posed by boss of both Elon Musk.
Tesla's still not making huge profits and probably won't for years. But these analysts and investors still love the company.
Tesla's second-quarter earnings call missed estimates. The company is also delaying its Robotaxi unveiling.
Tesla: Q2 Earnings Fail To Justify Recent Rally (Rating Downgrade)
TSLA stock rallied on 2Q deliveries, but the 2Q automotive revenue growth missed estimates, and the company expects significantly lower vehicle volume growth in FY2024. The company's total revenue ...
Elon Musk says he expects China to approve Full Self-Driving by the end of the year
Tesla CEO Elon Musk has again touted the impending rollout of advanced driver-assist software in China, after reporting another quarter of disappointing earnings. "Pretty soon, we will ask for regu...
Elon Musk is probably getting a little nervous
On Tuesday, Tesla's stock tumbled after Q2 earnings revealed the EV maker missed expectations again. In the call, Elon Musk faced terse questions about resource allocation and the delayed Robotaxi ...
Tesla Profit Falls Short, Elon Musk Demands Patience | Bloomberg: The Asia Trade 7/24/24
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Sydney with Haidi Stroud-Watts and Paul Allen, getting i...
Chinese EV stocks drop after Tesla's earnings miss, General Motors delays EV plans
Hong Kong-listed shares of Xpeng lost as much as 5.74% while Nio's stock tumbled 5.26% on Wednesday. Li Auto's shares dropped 3.8% while BYD slid 2.6%.
Elon Musk wants Tesla to invest $5 billion into his newest startup, xAI — if shareholders approve
Tesla CEO Elon Musk posted an informal poll on social network X asking whether his publicly traded automaker should invest $5 billion into his newest startup, xAI. Formed in March 2023, and first d...
Rivian to face trial in Tesla trade secrets theft case, judge says
Electric car maker Rivian Automotive will go on trial over allegations that it encouraged its employees who defected from Elon Musk's Tesla to steal trade secrets, according to a tentative ruling i...
Tesla Invests in AI, Anticipates ‘Next Major Growth Wave'
Tesla is investing in artificial intelligence (AI) as it anticipates the “next major growth wave.” That wave will be driven by advances in autonomy and the introduction of new products, the company...
Watch These Tesla Price Levels as EV Maker's Stock Slumps After Earnings Dissapoint
Tesla (TSLA) shares tumbled nearly 8% in extended trading Tuesday after the electric vehicle maker posted a 45% drop in second-quarter profit, reported a reduction in the average selling price of i...
Elon Musk doubles down on Tesla's Dojo supercomputer, aiming to compete with Nvidia
Elon Musk said Tesla is committed to developing its supercomputer Dojo. The project is Tesla's best bet at competing with AI chip superstar Nvidia, Musk said.
Tesla will start using humanoid robots in 2025
Elon Musk says Tesla will use humanoid robots in 2025, and he hopes other companies will be able to use them in 2026. Transcript: I'm Conway Gittens reporting from the New York Stock Exchange.
Tesla's profit margin is getting hammered by EV discounts and hefty AI spending
Tesla's adjusted operating margin shrank to its lowest in three years in the second quarter. The company has been trying to stem a decline in auto sales by offering big incentives and steep discounts.
Musk launches poll asking if Tesla should invest $5 bln in xAI
Billionaire Elon Musk on Tuesday launched a poll on social media X asking whether Tesla should invest $5 billion in xAI.
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