Elon Musk, the Tesla CEO known for his out-of-the-box ideas, has announced a vision for the future that spells the death of driving as we know it. On the company’s third-quarter earnings call Wednesday, Musk said the current business model of human-driven cars is coming to an end and will be replaced by self-driving electric … Read more
Good morning Quartz readers! HERE’S WHAT YOU NEED TO KNOW Boeing machinists are still on strike. Workers voted down another contract offer met their demands. McDonald’s is facing its first lawsuit from the Quarter Pounder E. coli outbreak People are getting much more excited about buying houses. Sales of new homes in the US took … Read more
Tesla is arguably one of the most advanced AI companies in the world, but its stock is dictated by margins. Over the past three years, Tesla’s average gross profit per vehicle down 60%, falling from more than $14,400 in Q3 2021 to less than $6,000 in Q2 2024, underscoring the difficulties Tesla has faced in … Read more
Upper line Tesla posted a stronger third-quarter profit than Wall Street expected on Wednesday, as Elon Musk’s electric car maker reported its first year-over-year bottom-line growth in 2024. Tesla CEO Elon Musk appears at a town hall in Pennsylvania to support Donald Trump. Getty Images Key facts Tesla brought in $0.72 in adjusted earnings per … Read more
Has there ever been a car as polarizing as the Tesla Cybertruck? The futuristic-looking electric pickup truck released by Elon Musk’s EV company last November recently became the best-selling vehicle priced at over $100,000. There is still great demand for the car – but there are as many detractors as there are fans. Critics point … Read more
The southern United States was hit hard in late September and early October with back-to-back hurricanes, Helene and Milton, causing havoc – with Florida particularly affected. For residents affected by the strong winds, rain and flooding brought by these extreme weather events, Elon Musk’s Starlink satellite internet service offered free access to the technology for … Read more
By Emily Lefroy for Dailymail.Com Published: 2:34 PM EDT, October 14, 2024 | Updated: 2:48 PM EDT, October 14, 2024 A woman has shared the fascinating reason she chooses to live in her Tesla with her two pets – despite owning a condo. Content creator Stephanie Virovec has been living with dog Snow and cat … Read more