Tesla Robotaxis Hitting China’s Streets Soon? EV Giant Reportedly Welcomed To Do Some Trials But No Full FSD Rollout Yet
Tesla Inc (NASDAQ:TSLA) CEO Elon Musk reportedly proposed testing its full self-driving (FSD) driver assistance software on roads in China by deploying them in robotaxis during his recent visit to the country. And he seems to have found favor with the authorities, albeit in limited measure. What Happened: The Chinese government told the billionaire CEO […]
Tesla Semi Scores Another S&P 500 Name After Pepsi And Walmart? Video Shows Big-Box Retailer Using EV Giant’s Heavy Truck
Tesla Inc.‘s (NASDAQ:TSLA) Semi trucks are gaining traction with major customers, even though mass production hasn’t begun. The company reportedly has secured its third significant client from the S&P 500. Costco Joins the Roster? On Monday, Tesla investor and influencer Sawyer Merritt shared a post on Twitter featuring a video of a Tesla Semi emblazoned with the Costco Wholesale Corp. (NASDAQ:COST) logo […]
Is Apple Back In The EV Game? Tech Giant Reportedly Eyes Rivian Partnership
After ditching its electric-vehicle plans, Apple, Inc. (NASDAQ:AAPL) could be rekindling interest in the segment, if rumors are anything to go by. A report said late Monday that Cupertino was in talks to forge a partnership with Rivian Automotive, Inc. (NASDAQ:RIVN). What Happened: Apple is “assessing the possibility of teaming up with a certain U.S. […]
The Biggest Investors Are Selling Stocks Right Now, Yet S&P 500 Notches Best 3-Day Streak In 7 Months – Should You Buy?
Major U.S. pension funds are making noticeable shifts in their investment allocations, moving away from equities and increasing their stakes in private equity and real estate. Notable among these is the California Public Employees’ Retirement System (CalPERS), which manages pension and health benefits for over 1.5 million California public employees, retirees, and their families. In […]
Giga Pause: Elon Musk’s Tesla Reportedly Backs Down On Ambitious EV Manufacturing Technique Amid Hardcore Cost-Cutting Drive
Tesla Inc. (NASDAQ:TSLA) has reportedly abandoned its pioneering manufacturing process, indicating a shift in strategy for the EV behemoth as it grapples with falling sales and mounting competition. What Happened: Tesla has stepped back from its ambitious gigacasting plan, Reuters reported, citing two sources familiar with the matter. The company’s objective was to streamline manufacturing and cut […]
Giant Leap For Apple? New Leak Of iPhone 16 Lineup Confirms Recent Rumors About Screen Sizes And Camera Bump
Frequent leaker Sonny Dickson on Sunday shared a photo revealing the screen sizes for the upcoming Apple Inc.’s (NASDAQ:AAPL) iPhone 16 lineup, along with details about the camera bump. What Happened: Dickson took to X, formerly Twitter, and shared an image, which appears to showcase the dummy models of the upcoming iPhone series, reiterating rumors about gigantic […]
Tesla ‘Is Now Enron, Folks:’ Facebook Co-Founder Claims Musk’s EV Giant Is Cooking Up Some FSD Data
Tesla, Inc. (NASDAQ:TSLA) CEO Elon Musk has placed high hopes on its Full Self-Driving (FSD) software. However, the electric vehicle giant’s autonomous driving technology continues to be controversial. On Thursday, a tech entrepreneur made some shocking claims that further clouded the outlook for the technology. Red Flags: Dustin Moskovitz, co-founder of Facebook (now Meta), expressed strong concerns about Tesla in a post on […]
A Quentin Tarantino Twist? Maverick Director Reportedly Abandons ‘The Movie Critic’ Starring Brad Pitt As Final Film
In a surprising turn of events, renowned director Quentin Tarantino has reportedly decided to drop “The Movie Critic” as his concluding film. What Happened: Tarantino, who had envisioned Brad Pitt in the lead role, has reportedly reconsidered his decision about the project, as reported by Deadline on Tuesday. This unexpected move has reportedly left fans in shock, reminiscent of the time when […]
Barrick Misses Preliminary Gold Production Estimate, Management Unfazed By Risks In Key African Country
Barrick Gold Corporation (NYSE:GOLD), the world’s second-largest gold producer, reported preliminary gold production of 940,000 ounces for the first quarter of 2024. This figure fell short of analyst estimates and reflects a continuation of the company’s production challenges experienced in 2023. At the moment, Barrick anticipates all-in-sustaining costs (AISC) to increase by 7%-9% compared to […]
Gold Road Considers Major Stake In Greenstone; Investors Wary Of Potential High Costs
Gold Road (OTCPK: ELKMF), an Australian mid-tier gold producer, confirmed interest in acquiring a stake in Greenstone Gold Mines – a Canadian joint venture project between Equinox Gold (AMEX:EQX) and Orion Resource Partners. With escalating geopolitical conflicts and a re-ignited threat of inflation, mergers and acquisitions have accelerated as gold keeps climbing to yet another […]