I just wanted to give the context of your position. Like you are a long term believer in the broader Tesla story, right. Your concern and what you're going to say about the board in particular is that this political fight between Elon Musk and the President is not to the benefit of the company.Have I got that right. Oh, yeah. I mean, it's horrific for the company, to be honest.Have you done the actual math. Ross Because what's interesting is I think Jp morgan analysts have said maybe about 40% of profits ar ...

This is a significant story and it really puts the focus on the in house model builders and whether that's going to be something they commit to. Absolutely right. This is a blockbuster idea for Apple.And I say it's an idea because they haven't made any final decisions here. Internally. They're investigating whether or not they should move away from their foundation models.That's their internal large language model system to catch up from open air cloud from anthropic or a different provider to power. Siri s ...

We start with Tesla and Musk. I think you've articulated that you don't have exposure across the US, particularly to Tesla. Is that because of the role Musk plays or other things.Good morning and thank you for having me. No, that's not really defined. Specific are ETFs or in the quantum computing space.Right. And six G which is the next gen of communication really. So it's just that we don't happen to, you know, track the the space or that particular product within within those funds.But that being said, yo ...

This comes in advance of likely global sales data tomorrow. Right. But what we're learning from sources who broke this story of our colleagues in Asia is the kind of sense of who's steering the ship right now at Tesla.Yeah, I think this is interesting In light of the last few months, right. When when April rolled around, we saw that Tesla had really disappointing first quarter deliveries in May. Bloomberg spoke with Elon Musk at an economic forum where he said, you know what, sales have turned around.We don ...

Let's also talk a little bit about Tesla, because the stock is sputtering after that feud between President Trump and Elon Musk reignited on social media. The president posted that the Tesla CEO gets more subsidies than any human being in history. That post came after Musk bashed Trump's spending bill, threatening to unseat any lawmakers who support that bill if it's the last thing he does on this earth.Joining us now with the latest is Bloomberg Tech co-host Ed Ludlow there. So this has been simmering for ...

Sources tell us, is the reason that's important is we obviously get sales data this week globally. I think it will come in the next couple of days. But Europe's particularly troublesome right now.Elon Musk is now directly overseeing sales responsibility for the United States or North America and Europe. And what I'm also hearing from sources and my colleagues have reported with me is that Tom Xu, who runs the Asia business out of Shanghai, now will oversee global manufacturing operations. So this is kind of ...

Big tech meets big football. Microsoft in the Premier League launching a five year strategic partnership aimed at transforming how fans engage with the game from fantasy football to match analysis and even a personal AI companion. Today, we're joined by Darren Hardman, CEO of Microsoft UK, and Will Bross, chief commercial officer at the Premier League.Well, I want to start with you. I follow Chelsea for most of my life, been a season ticket holder for 25 years. I'm used to having a digital relationship with ...

Generative AI Adoption Trends - Generative AI tool usage is expected to be similar between Gen Z and Millennials by 2025 [1] - By 2029, the majority of internet users are projected to use generative AI tools [2] - Over 75% of Gen Z internet users are expected to use generative AI tools [3] Market Share and Competition - Chat GPT currently dominates the generative AI market, used by approximately 75% of generative AI users [4] - While Chat GPT's absolute user numbers are increasing, its share of generative AI users is decreasing due to growing competition [5] - Gemini and Microsoft Copilot are increasing competition in the generative AI market [5] Generative AI Integration - Many individuals are using generative AI through integrated platforms like Google Search without actively seeking dedicated apps [6][7] - Generative AI is becoming pervasive in everyday activities, including shopping, chatbots, AI overviews, and customer service [8] Use Cases - Search is the leading use case for generative AI, currently used by approximately 64% of users and expected to increase to 75% [9] - Generative AI is also used for work-related tasks like coding and productivity tools by approximately 64% to 74% of users [10] - Personal recommendations, such as shopping tools, are used by around 40% of people [11]

Legal & Policy Implications - The Supreme Court ruling limits nationwide injunctions, leading to potential inconsistencies in the enforcement of immigration policies across different states [1][2] - This ruling indirectly impacts tech companies, as the citizenship status of their employees' children may vary depending on the state where the employee resides or sues [2][4] - A decision regarding the constitutionality of the birthright citizenship executive order is expected in October, which could further influence the legal landscape [4][6] Impact on Tech Companies & Employees - Tech companies may face new employee questions and policy considerations related to relocation and potential accommodations for employees concerned about their child's citizenship [3][14][15] - The perception of instability in the U S immigration system could deter high-skilled immigrants from accepting job offers from U S companies, potentially leading to a loss of talent and innovation [10] - Tech companies heavily rely on H-1B visas to hire skilled immigrants, which is crucial for maintaining their competitiveness [8][9] Challenges & Considerations - Differing legal standards across states could create logistical, administrative, and bureaucratic challenges for both H-1B visa holders and the companies employing them [7][8] - Companies may need to address employee concerns about relocating to states where their child's citizenship might be questioned [14] - Companies will need to decide whether to offer accommodations or avoid the topic altogether, requiring new policy considerations [15]

Market Analysis - Aura has gained traction in the ring and wearables market, prompting questions about Apple's strategy [1] - Introducing a ring could refresh Apple's wearables offerings and enhance competitiveness [2] - A ring could serve as a comfortable, less bulky alternative to the Apple Watch, suitable for various occasions [3] Technological Advantages - Apple's expertise in miniaturization and manufacturing could enable them to incorporate more health sensors into a ring compared to smaller companies [4] - Apple's ecosystem allows for potential integration of features like door keys, car keys, Apple Pay, and Siri into a ring [5] - Synchronization with the Apple ecosystem could provide additional health metrics from phones, watches, earbuds, and glasses [5] Strategic Considerations - Apple's focus remains on the Apple Watch, a significant revenue driver with a large color display, accessory ecosystem, and app marketplace [1] - Concerns exist that a ring might be cheaper with lower margins, lacking a screen, applications, or a comprehensive ecosystem [2] - The industry anticipates Apple entering the ring market eventually [6]