Tesla, AI and Elon Musk
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1don MSN
Tesla’s profit fell in third quarter even as sales rose. Musk sees robotaxi expansion by year end
Tesla, the car company run by Elon Musk, reported Wednesday that it sold more vehicles in the past three months after boycotts hit hard earlier this year, but profits still fell sharply.
Elon Musk urges investors to approve his $1 trillion pay package during Teslas earnings call, amid financial challenges and advisory firm opposition.
Elon Musk’s automaker reported a mixed bag for quarterly earnings, despite earlier posting a record-breaking tally for sales.
9hon MSN
Musk's rollercoaster year: From boycotts and plunging earnings to a potential trillion-dollar payday
Elon Musk literally left a government job with a black eye, has seen profits at his car company sink and must worry about federal regulators disrupting his plans to unleash a fleet of driverless taxis on America's roads in the next few years.
Hijacking the Tesla earnings call towards the end, Elon Musk, the world's richest person also went off on shareholder advisory firms who have advised against the proposal.
Strike CEO Jack Mallers reaffirmed his conviction in Bitcoin (BTC) as the superior form of money, arguing that gold’s flexible supply undermines its scarcity, the very quality that gives Bitcoin its value.
Tesla’s quarterly profit fell 29% to $1.8 billion despite record sales, as reduced emissions credit income and heavy AI spending hit margins ahead of a crucial shareholder vote on Elon Musk’s $1tn compensation plan.
The tweet by Elon Musk naming Floki as CEO, has caused a sharp rally in FLOKI price, trading volume and the broader memecoin market rally.
Elon Musk said his biggest concern about Tesla's Optimus humanoid robot program isn't the immense technical or manufacturing challenges but ensuring he retains strong influence over the future "robot army" as the company scales production.