Nasdaq futures fall after Alphabet, Tesla report earnings: Live updates – CNBC
35 minutes ago Tesla misses profit target for fourth consecutive year Tesla reported weaker-than-expected profits on Tuesday, making it the first electric-car maker to post four consecutive earnings misses. Second-quarter profits fell 17% below consensus, the biggest profit fall since January 2021. Tesla’s gross margin fell to 14.6% in the latest quarter, halving from 30% […]
Tesla revenue misses estimates as price cuts dent profit
Tesla Inc said on Tuesday its second-quarter profit margins fell as price cuts and stimulus measures to combat sluggish demand continued to weigh on profits even as it stepped up efforts to push self-driving technology. Elon Musk’s Tesla Inc.’s second-quarter gross profit margin for its auto division was 14.65% excluding regulatory deductions, beating expectations of […]
Elon Musk claims Tesla will start using humanoid robots next year | Elon Musk
Tesla CEO Elon Musk claims the company is building “really useful” humanoid robots that will be working in its factories from next year. The world’s richest man, who has a penchant for making ambitious claims on social media, also posted on his platform X (formerly Twitter) that he wants to expand into “mass production” mode […]
Elon Musk gives update on when Tesla will use Optimus humanoid robots
Tesla plans to introduce a “low-volume” series of humanoid robots for internal use next year, Chief Executive Officer Elon Musk said on Monday, months after saying they would be available by the end of 2024. Musk hopes that the robots will be able to be mass-produced for other companies by 2026. stated in the post […]
‘Tesla Of Euthanasia’: Assisted Suicide Device Set To Be Used For First Time
An assisted suicide device dubbed the “Tesla of euthanasia” is due to be used for the first time in Switzerland next week but is facing backlash. The pod, named “Sacro” and created by 76-year-old Dr Philipp Nitschke, was due to be used in Switzerland next week. according to Metro, but prosecutors are now fighting to […]
Controversial suicide pod dubbed the ‘Tesla of euthanasia’ to be used for the first time
A suicide pod dubbed the “Tesla of Euthanasia” will be used for the first time next week. SarcoThe 3D-printed capsule, which was first unveiled at the 2019 Venice Design Festival, reportedly provides a painless death within 10 minutes with the push of a button. The Metro reported. The device floods the chamber with nitrogen, rapidly […]
Tesla posts 800 job openings after its biggest-ever round of layoffs
Tesla is reportedly looking to hire around 800 new employees, just months after CEO Elon Musk reportedly cut thousands of jobs in the largest layoffs in the company’s history. Over the past few weeks, Tesla has listed hundreds of new jobs on its website, with a focus on AI specialists and service roles. According to […]
Elon Musk said Tesla moved robotaxi event ‘for important design change’
Stephen Gengaro, a managing director at Stifel, said there are “multiple layers” to Tesla and its valuation. Elon Musk commented on Monday about Tesla’s postponed robotaxi launch event. “We asked for some significant design changes at the front, and now we have some extra time to show you some other things,” the electric vehicle (EV) […]
Elon Musk’s Tesla Delays Robotaxi Unveiling
Tesla has reportedly delayed the unveiling of its highly anticipated robotaxi from August 8 to October, citing the need for further prototype development and design refinements. Bloomberg Reports Tesla has communicated its decision internally to delay its robotaxi unveiling by about two months. The event, originally scheduled for Aug. 8, has been pushed to October. […]
Climate Radicals Vandalise Tesla Electric Car Centre
Far-left climate change activists threw water on a Tesla Cybertruck electric vehicle exhibition venue in Germany on Saturday to protest against “the way the super-rich are tackling global warming.” In a further demonstration of the questionable standards of climate extremists, members of the youth climate activist group Letzte Generation (The Last Generation) covered a Cybertruck […]