Category: News Type

Tesla earnings show quarterly decline in profits, year-over-year growth

Tesla’s second-quarter earnings report tells a story of quarterly declines and year-over-year growth. The company reported Wednesday a quarterly decline in revenue and earnings as supply chain constraints, inflation and an extended shutdown in China chipped away at its bottom line. Tesla generated $16.9 billion in revenue in the second-quarter, down from $18.8 billion in… Continue reading Tesla earnings show quarterly decline in profits, year-over-year growth

Lyft lays off about 60 employees, shutters in-house car rentals program

Lyft has joined the ranks of tech companies trimming its workforce. The news of the layoffs, initially spotted in LinkedIn posts by now-former Lyft employees, has been confirmed by the company. Lyft said it has laid off about 60 people and dropped its in-house car rental service and is consolidating global operations. The Wall Street… Continue reading Lyft lays off about 60 employees, shutters in-house car rentals program

TICKETS NOW ON SALE FOR ANTICIPATED TASTING TEXAS WINE + FOOD FESTIVAL

SAN ANTONIO, July 20, 2022 /PRNewswire/ — Tickets are now on sale for the Tasting Texas Wine + Food Festival hosted by Culinaria and Visit San Antonio and flavored by the James Beard Foundation. October 27-30, San Antonio will host top culinary leaders from the U.S. and Mexico and showcase their talents at events ranging… Continue reading TICKETS NOW ON SALE FOR ANTICIPATED TASTING TEXAS WINE + FOOD FESTIVAL

Jim Kanir Named Chief Revenue Officer to Drive Growth for LeanDNA

LeanDNA is a leader in synchronizing priorities and execution across supply chain AUSTIN, Texas, July 20, 2022 /PRNewswire/ — LeanDNA, a leading cloud solution for supply chain execution, today announced the appointment of Jim Kanir as Chief Revenue Officer (CRO). Kanir’s decades of experience leading sales teams and revenue strategies for enterprise software companies will… Continue reading Jim Kanir Named Chief Revenue Officer to Drive Growth for LeanDNA

Tesla (TSLA) announces it sold most of its Bitcoin

Tesla (TSLA) announced today that it sold most of its Bitcoin, about 75%, during the last quarter. The automaker didn’t elaborate on the reason. Early in 2021, Tesla invested $1.5 billion in Bitcoin. Shortly after, the automaker started accepting the cryptocurrency as payment on new vehicles. However, a few days later, Tesla took a step back with crypto… Continue reading Tesla (TSLA) announces it sold most of its Bitcoin

Tesla surpasses 35 million miles driven on Full Self-Driving Beta, and pace is ramping up

Tesla is reporting that its fleet of customers driving with the Full Self-Driving (FSD) Beta has now surpassed 35 million miles driven, and the pace is ramping up. FSD Beta enables Tesla vehicles to drive autonomously to a destination entered in the car’s navigation system, but the driver needs to remain vigilant and ready to… Continue reading Tesla surpasses 35 million miles driven on Full Self-Driving Beta, and pace is ramping up

Tesla (TSLA) reports massive increase in production capacity across all factories

Tesla (TSLA) is reporting a massive increase in production capacity across all its factories, closing in on a 2 million vehicle annual production capacity. While Tesla had a tough Q2 2022 due to its forced factory shutdown at Gigafactory Shanghai, we knew that the automaker took the opportunity to increase capacity everywhere during that time.… Continue reading Tesla (TSLA) reports massive increase in production capacity across all factories