[ad_1] NEW YORK: The S&P 500 and Nasdaq fell on Thursday, weighed down by drops in Tesla and Netflix following their quarterly results, but the Dow advanced for a ninth straight day thanks to gains in Johnson & Johnson following a strong annual forecast.Tesla’s shares tumbled 9.74%, its biggest one-day percentage drop since April 20, … Read more
[ad_1] During Tesla’s second-quarter 2023 investor call, Elon Musk said that the company is planning to licence its Full Self-Driving (FSD) driver-assist technology to another major automaker. According to The Verge, the Tesla CEO did not reveal the name of the company, however, he did say that licensing FSD was always part of the plan.”We’re … Read more
[ad_1] Elon Musk launched his long-teased artificial intelligence startup xAI on Wednesday, unveiling a team made up of engineers from the same big US technology firms that he hopes to challenge in his bid to build an alternative to ChatGPT.The startup will be led by Musk, the CEO of Tesla and owner of Twitter, who … Read more
[ad_1] Tesla Inc on Sunday said it delivered a record number of vehicles in the second quarter, topping market estimates as price cuts and US federal credits helped make its electric vehicles more affordable.The Elon Musk-led company handed 466,140 vehicles in the April to June period, up 10% from the preceding quarter, and 83% higher … Read more
[ad_1] Twitter will soon begin paying verified content creators for ads in their replies, with the first payment block of around $5 million, company owner Elon Musk said on Friday.“Note, the creator must be verified and only ads served to verified users count,” Musk, the billionaire who bought Twitter last October, said in a tweet.Since … Read more
[ad_1] Elon Musk has retaken the title of world’s wealthiest person.The Tesla Inc. chief executive officer surpassed luxury tycoon Bernard Arnault on Wednesday after shares of Arnault’s LVMH fell 2.6% in Paris trading.Musk and the 74-year-old Frenchman have been neck-and-neck for the top spot this year in the Bloomberg Billionaires Index, a listing of the … Read more
[ad_1] Last Updated: April 21, 2023, 04:38 IST The tech-heavy Nasdaq Composite Index plunged 0.8 percent to 12,059.56. (Representative image) The Dow Jones Industrial Average closed 0.3 percent lower at 33,786.62, while the broad-based S&P 500 dropped 0.6 percent to 4,129.79 Wall Street stocks ended lower on Thursday following lackluster corporate results from electric vehicle … Read more
[ad_1] WASHINGTON: Elon Musk has surpassed former US president Barack Obama as the most followed account on Twitter, five months after he bought the platform in a tumultuous takeover.The founder of Tesla and SpaceX on Thursday had 133,084,560 Twitter followers, a nose ahead of Obama, who had 133,041,813.The feat comes as the role of Twitter … Read more