Tesla CEO Elon Musk’s plundering of the federal government has been incredibly bad for business. The EV maker released its first-quarter earnings on Tuesday, reporting that its net income had cratered an astonishing 71 percent since the first quarter of last year. Total revenue is down nine percent, while sales have slid 13 percent between… Continue reading Elon Musk Realizes He’s Dragging Tesla Into Ruin
Author: Futurism_Magazine Online News
Tesla’s Earnings Are Even More Brutal Than We Expected
Tesla has released its first-quarter earnings — and the numbers are even more brutal than we expected. The embattled carmaker missed analysts’ expectations by a mile, reporting that its net income had slid an astonishing 71 percent since the first quarter of last year. The company’s total revenue is down nine percent compared to the same… Continue reading Tesla’s Earnings Are Even More Brutal Than We Expected
Trump Just Set a Tariff on Solar Panels So High That Your Eyebrows May Raise Involuntarily
This is bonkers, even for Trump. Cell Dweller The Trump administration is slapping giant tariffs on Southeast Asian-made solar panels — and the figures are so high, you may straight up gasp. As CNN and other outlets report, the United States is seeking tariffs of up to 3,521 percent — yes, you read that right —… Continue reading Trump Just Set a Tariff on Solar Panels So High That Your Eyebrows May Raise Involuntarily
Passengers Alarmed as Self-Driving Car Kidnaps Them, Refuses to Let Them Exit
Self-driving cars have been given the green light in over 50 countries and 41 US states — but in reality, that doesn’t mean they’re ready to hit the pavement. Take that from Becky Navarro of Austin, Texas, who says she found herself stuck in the middle of an express loop when her self-driving Waymo taxi… Continue reading Passengers Alarmed as Self-Driving Car Kidnaps Them, Refuses to Let Them Exit
Formerly Optimistic Tesla Megainvestor: “Code Red”
Tesla is expected to report first-quarter earnings after markets close today. And many investors are expecting a “messy” rollercoaster ride. The EV maker has seen its stock price fluctuate wildly amid president Donald Trump’s tariff war, and is currently down over 37 percent year to date. Sales have dropped off a cliff worldwide, with longtime… Continue reading Formerly Optimistic Tesla Megainvestor: “Code Red”
Columbia Student Kicked Out for Creating AI to Cheat, Raises Millions to Turn It Into a Startup
Over the past few months, a 21-year-old undergraduate went from viral sensation to startup founder after getting suspended by Columbia for creating an AI that helps you cheat. In a LinkedIn post announcing a successful seed fundraising round, founder Chungin “Roy” Lee explained that his software, which was formerly called Interview Coder and is now… Continue reading Columbia Student Kicked Out for Creating AI to Cheat, Raises Millions to Turn It Into a Startup
Watching These Humanoid Robots Try to Run a Half Marathon Is Hilarious and Bizarre
A half marathon foot race in Beijing, China, saw thousands of humanoid robots of various sizes running right alongside their flesh-and-blood counterparts for an attempt to take the crown. Footage shows the awkward bipedal robots trotting off, closely followed by their respective teams of two to three human navigators and engineers. As the Associated Press… Continue reading Watching These Humanoid Robots Try to Run a Half Marathon Is Hilarious and Bizarre
Actors Horrified as They Learn What Selling Their Faces as AI Actually Means
From peddling snake oil on social media, to backing foreign coups. Some actors who were desperate to make a quick buck are now learning of the horrifying consequences of selling their likenesses to companies that use them in AI videos, Agence France-Presse reports. South Korean actor Simon Lee, for example, found that his image was… Continue reading Actors Horrified as They Learn What Selling Their Faces as AI Actually Means
JPMorgan CEO Says Something Everyone Can Agree On: “Kill Meetings” and Corporate Jargon
As much as we wish it weren’t so, the heads of big banks like JPMorgan get paid the big bucks for a reason — and the latest missive from Jamie Dimon, the institution’s CEO and chair, is a perfect exemplar. Clocking in at a whopping 57 pages without footnotes, Dimon’s annual investor letter pulled no… Continue reading JPMorgan CEO Says Something Everyone Can Agree On: “Kill Meetings” and Corporate Jargon
Children Starving to Death After Elon Musk Cut Their Food
Elon Musk’s budget cuts to international humanitarian aid have proven devastating for some of the poorest people on the planet. As the New York Times reports, cuts to the United States Agency for International Development (USAID) — the group that Musk bragged about feeding “into the woodchipper” back in February — have forced hundreds of… Continue reading Children Starving to Death After Elon Musk Cut Their Food