Tag: Tesla

Micron Technology  (MU)  shares moved lower Thursday after the memory chip maker unveiled plans to invest $15 billion in the construction of a new manufacturing base in Idaho. Micron said the new facility will be the first new-memory manufacturing hub built on U.S. soil in more than two decades, and will ensure that domestic supplies…

Share to FacebookShare to TwitterShare to LinkedinTopline Billionaire Tesla CEO Elon Musk in a filing cited a Twitter whistleblower’s security concerns as a reason behind his attempt to scrap his planned $44 billion acquisition of the company, while also asking a court this week to delay a five-day trial over his Twitter takeover until November.…

Share to FacebookShare to TwitterShare to LinkedinTopline Tesla CEO and world’s richest person Elon Musk on Monday backed additional efforts to drill for natural gas and oil in the short term, in line with his recent change in tune on the use of non-renewable sources like fossil fuels and nuclear energy. Tesla CEO Elon Musk…

Share to FacebookShare to TwitterShare to LinkedinUntil now, claims that Apple would radically redesign the display of its flagship iPhones have been limited to leaked schematics and artist renders. But not anymore. A flurry of new leaks has seemingly exposed Apple’s notch-less iPhone 14 Pro for the first time. Moreover, Apple may have also revealed…

Share to FacebookShare to TwitterShare to LinkedinTopline The U.S. economy shrank for a second quarter in a row this year, a second estimate from the Bureau of Economic Analysis confirmed Thursday—once again signaling the start of a technical recession even as economists predict signs of a slowdown will only grow in the coming quarters, likely…

Elon Musk is a master of promoting new technology ideas, but of course not all of them come to fruition. Yes, Musk’s Tesla  (TSLA)  has become the world’s biggest EV maker and most valuable automobile company, but that hyperloop thing has really fallen by the wayside. And Tesla’s full self driving software is still in…

Amazon  (AMZN)  has been trying to find the right approach to disrupt the healthcare industry for several years.   Now, it’s changing course by dropping one key initiative to focus on others in the works. The surprising announcement came this week as the company said it plans to shut down its telehealth company, Amazon Care. The internet…

The popularity of streaming, and the need for nearly every media company and studio to have their own streaming service, has normalized the idea of watching epic films from the comfort of your home. That’s a good thing, by the way. No film is in theaters forever, and it’s nice to be able to go…

Halloween will have a special flavor this year for fans and critics of Elon Musk.  The whimsical and charismatic CEO of Tesla  (TSLA)  has indeed just encouraged everyone to tick next October 31 in their calendar.  The only certainty for the moment is that the billionaire will not talk about Tesla, the manufacturer of electric vehicles,…

Tesla  (TSLA) , the leading electric vehicle maker in the world, is way ahead of its competition in production and should deliver over 1 million EVs this year.  The Austin, Texas, EV giant produced and delivered more fully electric EVs than any other company in the world in the first half of the year with 563,987 produced…