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 […]
‘There Is Nothing I Hate More,’ Elon Musk Tells Employees As Tesla Said To Be Laying Off Over 14,000 Workers To Slash Costs (UPDATED)
Editor’s note: This story has been updated with more details from the report, context and a modified headline Electric vehicle giant Tesla, Inc. (NASDAQ:TSLA) is reportedly laying off over 10% of its global workforce to cut costs and eliminate duplicate roles. What Happened: The layoff aims to reduce costs and eliminate the duplication of roles and […]
Tesla Quietly Signed Deal With India’s Tata Electronics To Source Chips: Report
This story was first published on the Benzinga India portal. Electric vehicle giant, Tesla Inc. (NASDAQ: TSLA), has reportedly entered into a strategic agreement with Tata Electronics to source semiconductor chips for its worldwide operations, signifying the company’s increasing focus on the Indian market. As per a report from ET, the deal was discreetly signed […]
Why Is Cancer-Focused Janux Therapeutics Stock Trading Higher On Thursday?
Janux Therapeutics Inc (NASDAQ:JANX) shares are trading higher following Wednesday’s reports suggesting the company is considering a possible sale following interest from larger pharmaceutical firms. The company, which is focused on developing tumor-activated immunotherapies for cancer treatment, has engaged a financial adviser to assess its alternatives. Bloomberg report highlights that Janux’s attractiveness lies in its innovative treatments, which […]
Why Is Kidney Disease-Focused Alpine Immune Sciences Stock Trading Higher On Wednesday?
Alpine Immune Sciences Inc (NASDAQ:ALPN) is reportedly considering strategic options, including a potential sale, following interest from potential buyers. The Seattle-based firm is working closely with advisors and evaluating various possibilities, and at least one major pharmaceutical player has expressed interest in an acquisition. While discussions are ongoing, Bloomberg cautioned, citing sources familiar with the matter, that […]
Elon Musk Said To Be In Talks With India’s Richest Man To Help Establish Tesla Factory
This story was first published on the Benzinga India portal. In a bid to increase its global footprint, Elon Musk‘s Tesla Inc. (NASDAQ: TSLA) is reportedly exploring a potential partnership with India’s richest man Mukesh Ambani’s Reliance Industries (RIL) to establish a manufacturing facility in India. A source quoted by the Hindu Businessline revealed that while talks […]
Barrick Targets Peruvian Expansion Amidst Record Gold Prices
Barrick Gold Corp (NYSE:GOLD) is expanding its operations in Latin America amidst a surge in demand that saw gold spike to $2,300 per ounce for the first time ever. The leading global gold miner is eyeing the southern district of Puno, Peru, where it conducted exploration activities two years ago. As reported by Gestion, a […]