Tesla’s energy division achieves record quarter for everything except solar roof

Tesla’s energy division, Tesla Energy, has achieved a record quarter on many levels, but the company didn’t have a word for its problematic solar roof product. Yesterday, Tesla (TSLA) released its Q2 2022 financial results, and it beat Wall Street expectations. One of the highlights of Tesla’s earnings is the results of the company’s energy… Continue reading Tesla’s energy division achieves record quarter for everything except solar roof

CATL plans units in Mexico; may supply Tesla, Ford

CATL batteries are displayed during an expo in Xiamen, Fujian province, in September. [Photo provided to China Daily] Contemporary Amperex Technology Co Ltd is mulling accelerated overseas expansion, as the Chinese battery giant is planning at least two locations in Mexico for a manufacturing facility to potentially supply Tesla and Ford Motor. The Ningde, Fujian… Continue reading CATL plans units in Mexico; may supply Tesla, Ford

German Manager Magazin: Ford: Jim Farley wants to cut 8000 jobs in a few weeks001936

Ford boss Jim Farley (60) had previously stated that he wanted to save around three billion dollars by 2026. The job cuts that have now been announced are seen as an important step in this plan. Ford employs around 31,000 people in the United States, where, according to the report, most of the job cuts… Continue reading German Manager Magazin: Ford: Jim Farley wants to cut 8000 jobs in a few weeks001936

Tesla Sells Off Most of Its Bitcoin, at a Huge Loss

Sell! Sell! In February of 2021, Tesla announced that it was planning to sell cars using Bitcoin, while also buying up an appreciable $1.5 billion worth of the cryptocurrency. While the move initially looked balmy, with the investment spiking in value by an impressive $1 billion by October, this year’s crypto crash brought the assets crashing down… Continue reading Tesla Sells Off Most of Its Bitcoin, at a Huge Loss

China is the ‘hearts and lungs’ of the Tesla story: Analyst

Dan Ives, Wedbush Managing Director and Senior Equity Analyst, examines Tesla’s second-quarter earnings, the importance of Chinese manufacturing for the EV developer, and Tesla’s purchase of bitcoin. Video Transcript [MUSIC PLAYING] – All right, Tesla just reporting earnings after the break. Let’s bring in Wedbush Securities’ Dan Ives to break down the results. Tesla better… Continue reading China is the ‘hearts and lungs’ of the Tesla story: Analyst

TSLA Stock: Tesla Stock Quotes, Company News And Chart Analysis

While some Wall Street watchers have had their doubts about Elon Musk and Tesla, the electric vehicle pioneer has ridden that skepticism to new stock price highs. Is Tesla Stock A Buy As Elon Musk Orchestrates A Challenging Symphony Along they way, Musk became the world’s richest person with a net worth above $185 billion… Continue reading TSLA Stock: Tesla Stock Quotes, Company News And Chart Analysis

German Handelsblatt: Electromobility: A trumpet with many tricks – the BMW iX xDrive 50 in the Handelsblatt Autotest004775

Powerful appearance The electric SUV BMW iX polarizes with its beefy looks. This car test is a ride against my prejudices – three of them at once. First: SUVs are as big as they are superfluous. In my opinion, apart from the driver’s need for recognition, they don’t fulfill any need that a station wagon… Continue reading German Handelsblatt: Electromobility: A trumpet with many tricks – the BMW iX xDrive 50 in the Handelsblatt Autotest004775

OpenAI Says It’s Fine to Sell Images Made With DALL-E 2

It’s official. OpenAI is finally bringing the beta of its DALL-E 2 machine learning system — as in, that extremely impressive text-to-image generator famous for creating everything from anthropomorphic bowling balls to the one true Burger King — to a million members of a public waitlist. That’s a major announcement on its own, but in its press… Continue reading OpenAI Says It’s Fine to Sell Images Made With DALL-E 2