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Tesla's still not making huge profits and probably won't for years. But these analysts and investors still love the company.
Business Insider· 2024-07-24 06:39
By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewTesla has had an exceptionally rocky first half of the year.It saw layoffs, executive departures, and Cyber ...
Elon Musk is probably getting a little nervous
Business Insider· 2024-07-24 04:47
By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewTesla on Tuesday had a lackluster earnings report that revealed the electric vehicle maker once again misse ...
Elon Musk doubles down on Tesla's Dojo supercomputer, aiming to compete with Nvidia
Business Insider· 2024-07-24 02:18
By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewElon Musk is barrelling full steam ahead on Dojo — Tesla's supercomputer project and attempt at competing w ...
Alphabet's earnings show investors are impatient for the data on AI returns. No one has the answer yet.
Business Insider· 2024-07-24 02:07
By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewIn Tuesday's earnings call, investors repeatedly pressed Alphabet's leadership team for more information ab ...
Alphabet is pouring billions into Waymo's self-driving taxis as Tesla prepares to reveal its rival
Business Insider· 2024-07-23 22:38
Alphabet is backing Waymo with a $5 billion investment.Waymo has provided over 50,000 paid autonomous rides weekly in active areas, according to Alphabet.Meanwhile, Tesla is gearing up to launch its own driverless taxi service. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicking “Sign Up”, you acce ...
Tesla is making money off cars its competitors aren't selling
Business Insider· 2024-07-23 21:18
Some of Tesla's $25.5 billion in second-quarter revenue came from the cars competitors didn't sell.Tesla, which sells only electric vehicles, always has an excess of credits.It's the advantage Tesla needs amid a slow start to 2024. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicking “Sign Up”, you ...
Boeing is running out of parking space – again
Business Insider· 2024-07-23 12:16
Around 200 Boeing jets are sitting idle in airfields and outside plants, per the Wall Street Journal.The jets are mostly complete but are reportedly awaiting parts or delivery.This isn't the first time Boeing planes have built-up at manufacturing facilities and airfields. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email ...
Tesla shareholders are pressing Musk to release new models
Business Insider· 2024-07-23 11:07
Tesla shareholders really want the company to release new vehicles.An investor Q&A for Tesla's earnings saw them clamor for details about the automaker's next car.Elon Musk has teased a variety of new EVs, but it is unclear when they will be released. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clic ...
Wiz is walking away from a $23 billion deal with Google
Business Insider· 2024-07-23 03:04
Wiz doesn't want to be taken over by Google, the cybersecurity company's CEO wrote to employees on Monday.Instead of Google's $23 billion deal, Assaf Rappaport said the company wants to go public.The deal would have been Google's largest acquisition. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By click ...
Apple quietly admits it's paying too much to run its streaming service
Business Insider· 2024-07-22 15:58
Apple's streaming service has a well-deserved reputation for generous spending on TV shows and movies.Now Apple would like to pull back a bit on those budgets.Which brings up a recurring question for Apple: Why, exactly, is it running a streaming service? Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By ...