Tesla’s Cybertruck and AI Development Affect Profit Margins as EV Prices Drop

Tesla, renowned for its visionary approach to electric vehicles (EVs) and cutting-edge technology, has experienced significant changes in its financial landscape. In recent times, Tesla’s profit margins have been affected by multiple factors, including the highly-anticipated Cybertruck and the development of an AI-trained “humanoid robot.”


Tesla Robotaxi Concept Looks Like a Two-seater Cybertruck

In the newly released Elon Musk biography by Walter Isaacson, an image of a Tesla robotaxi concept with a Cybertruck-inspired design has captured the attention of enthusiasts. This two-door, two-seater vehicle showcases a “Cybertruck-like” appearance, characterized by its angular edges and stainless steel finish, which,


TESLA Makes a Triumphant Return, Now Even More Affordable!

After a hiatus of nearly nine months, Tesla is back in action, accepting orders for its coveted Model 3 Long Range sedan in the United States. The automotive giant has not only revived this electric gem but has also sweetened the deal with a more


U.S. Regulators Demand More Information from Tesla in Ongoing Autopilot Investigation

US regulators have requested additional information from Tesla as part of their ongoing investigation into 830,000 Tesla vehicles equipped with Autopilot, the company’s advanced driver assistance system. On July 3, the National Highway Traffic Safety Administration (NHTSA) sent a letter to Tesla, seeking updated responses


Elon Musk: Encrypted Twitter DMs Coming Soon

Twitter has been undergoing several product changes to enhance its appeal, and Elon Musk has repeatedly expressed his desire to improve and secure direct messages. In fact, he wants to make DMs even better than the encrypted messaging app Signal. Musk recently announced that the


After a drop in ad income, Paramount will increase streaming fees.

After posting lower-than-expected quarterly income, Paramount Global said on Thursday that it will increase the cost of its main streaming service, as a wider collapse in the advertising market struck the owner of the CBS network. The business intends to increase pricing for its Paramount+


Tesla reports a record Q4 profit of $3.7B thanks to Elon Musk.

In the fourth quarter of last year, Tesla reported record net income, and the firm forecast that more software-related revenues will keep its margins greater than those of any other carmaker. The Austin, Texas-based producer of solar panels and electric cars reported earnings of $3.69


In just three days, Elon Musk sells 22 million shares of Tesla stock.

Elon Musk, the CEO of Tesla, disclosed an additional $3.6 billion in stock sales on Wednesday, bringing his year-to-date total to close to $40 billion and angering investors as the company’s shares slump to two-year lows. According to a securities filing, he sold 22 million


Elon Musk believes Tesla is worth more than Apple and Saudi Aramco combined.

Tesla reported record third-quarter sales on Wednesday, but the electric carmaker run by billionaire Elon Musk produced fewer vehicles than projected, as expenditure on new plants and battery development pinched profits. On a conference call with analysts, Musk said there was great demand for the

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