Tesla, Elon Musk
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Elon Musk says government checks for all could offset AI job losses without causing inflation. "Money Doctor" Steve Hanke said that might not be true.
Tesla's Chief Executive Officer Elon Musk said on Wednesday the company plans to use Intel's advanced 14A manufacturing process to make chips at its Terafab project.Intel's shares rose 2.8 per cent in extended trading.
The admission could open Tesla to legal challenges after it spent years promising customers they were just one software update away from owning fully autonomous cars.
Elon Musk said he expected Tesla's capital expenses would rise "substantially in the future" after it surprised investors with positive cash flow in the first quarter.
FSD and Robotaxi will be a lot slower to roll out than promised earlier. A few details were given on upgrading older HW3 cars to use FSD, once it works.
Tesla (TSLA) reported first quarter results on Wednesday after the closing bell. Adjusted earnings per share (EPS) came in at $0.41 (compared to analyst estimates of $0.34), and revenue came in at $22.
In a world of abundant information, Elon Musk stresses curiosity over rote learning, arguing that questioning, exploring, and experimenting help students build deeper understanding and shape meaningful long-term career paths.
Tesla reported earnings that beat Wall Street's estimates. TSLA stock was up after hours as the earnings call with Elon Musk kicked off.