Tag Archives: Tesla

Google CEO Sundar Pichai talks about the company’s third-generation artificial intelligence chips. Source: YouTube screenshot Not content with relying on standard chips that are in high demand, some of the world’s biggest tech firms are developing their own semiconductors. Apple, Amazon, Facebook, Tesla and Baidu are all shunning established chip firms and bringing certain aspects of chip development in-house, according to company announcements and media reports. “Increasingly, these companies… Source link

In this article, we discuss the stocks that Michael Burry is betting against and selling. If you want to skip our detailed analysis of these stocks, go directly to Michael Burry is Betting Against Cathie Wood’s Fund, Tesla and Selling These 2 Other Stocks. Michael Burry, the investor who rocketed to fame on Wall Street by betting against the housing bubble that led to the financial meltdown in 2009, recently revealed another bearish bet against perhaps the most successful exchange traded fund… Source link

A Tesla sedan is shown after it struck a parked Laguna Beach Police Department vehicle in Laguna Beach, California, U.S. in this May 29, 2018 handout photo. (Image: Reuters) This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe The National Highway Traffic Safety Administration’s probe into 11 crashes of Teslas (TSLA) using the company’s… Source link

Elon Musk unveiling of the Tesla Model Y in Hawthorne in 2019. A new book doles out the credit and blame for the electric car’s ups and downs. (Frederic J. Brown / AFP via Getty Images) Apple Chief Executive Tim Cook and Tesla Chief Executive Elon Musk are talking on the phone. The 2016 unveiling of the make-it-or-break-it Model 3 is coming soon, but Tesla is in serious financial trouble. Cook has an idea: Apple buys Tesla. Musk is interested, but one condition: “I’m CEO.” Sure, says Cook…. Source link

The interest appears to be building for Ford’s first-ever all-electric F-150 dubbed the Lightning. Ford (F) has amassed 120,000 orders for the Lightning, CEO Jim Farley told investors on an earnings call Wednesday evening. About 75% of the orders are from those people new to the Ford brand, Farley said.  In late May, Ford said it had 70,000 orders for the Lightning. “I would say what we’ve learned so far [from Lightning orders] is that the customers are largely new to Ford, but they aren’t new… Source link

The coming week will be the most important of this quarter’s earnings season — even if later weeks beat it on quantity, it will be nearly impossible to top this slate in terms of dollars and attention. That is because all of Big Tech will report, and those five companies — Google parent Alphabet Inc. GOOGL GOOG, e-commerce and cloud-computing powerhouse Amazon.com Inc. AMZN, iPhone maker Apple Inc. AAPL, … Source link

Elon Musk appeared to reverse his position on Tesla accepting bitcoin, as the currency heads towards a more climate-friendly future. Photo: Joe Skipper/Reuters Electric car magnate Elon Musk has said his company Tesla (TSLA) will likely start accepting bitcoin (BTC-USD) again for vehicle purchases, a U-turn on his stance on the cryptocurrency.  Justifying the move, he said on Wednesday at the B-Word conference, an event hosted by the Crypto Council for Innovation: “It looks like bitcoin is… Source link

(Bloomberg) — Tesla Inc. has struck a nickel-supply deal with BHP Group, as the electric-car maker seeks to protect itself from a future supply crunch. BHP will provide the automaker with the metal from its Nickel West operation in Western Australia, the world’s biggest miner said in a statement. BHP gave few further details, but said the companies would work together to make the battery supply chain more sustainable. Telsa’s billionaire boss, Elon Musk, has repeatedly expressed concern… Source link

Everyone’s buying a Tesla — but are they prepared to pay for the insurance? If you feel like you’re suddenly seeing that shiny metal “T” everywhere on the road, you’re not mistaken. Electric vehicles sales are soaring, and Tesla is leading the charge. EV sales in the U.S. nearly doubled in the first quarter of 2021 compared to the same time last year, says a new report by Experian, with Elon Musk’s car company commanding a 71% share. Tesla also recently announced that it doubled its worldwide… Source link

Moderna, which has seen its stock surge 250% over the past year as it helps vaccinate the world from the coronavirus, will officially enter the S&P 500 on July 21. The news sent shares popping more than 8% to $282 in Friday’s session as the stock will likely be purchased by fund managers who benchmark to the S&P 500. But Jefferies analyst Michael Yee tells Yahoo Finance Live he thinks the run in Moderna stock (MRNA) is far from done.  “Moderna is the Tesla of biotech,” says Yee, pointing to… Source link