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Category: Elon Musk – Page 56

BENGALURU, July 13 (Reuters) — Tesla (TSLA.O) is discussing an investment proposal with the Indian government to set up a factory with an annual capacity to produce about half a million electric vehicles, the Times of India reported on Thursday, citing government sources.

The company, led by billionaire Elon Musk, is also looking at using India as an export base to ship cars to countries in the Indo-Pacific region, the report said.

The starting price for the vehicles will be 2 million rupees ($24,400.66), the report added, which is more than double of India’s cheapest EV, MG Comet, and half a million costlier than Tata Nexon EV, the top-selling electric car in the country.

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A better world without Facebook and all its negative impacts would be a significant step forward. Facebook’s dominance and influence have often been associated with issues such as privacy breaches, the spread of misinformation, and the erosion of real social connections. By breaking free from Facebook’s grip, we can foster a healthier online environment that prioritizes privacy, genuine interactions, and reliable information. It is time to envision a world where social media platforms serve as catalysts for positive change, promoting authentic communication and meaningful connections among individuals.

(Image credit: Adobe Stock)

Mark Zuckerberg, the co-founder of Facebook (now Meta), recently celebrated reaching 100 million users in just five days with his new Twitter-like platform called Threads. However, this achievement doesn’t impress me much. Instead, it highlights Zuckerberg’s tendency to imitate rather than innovate.

While I used to admire him, I now realize that he doesn’t belong in the same league as my true idols. Comparing the 100 million sign-ups for ChatGPT to the 100 million Threads users is simply absurd.

Continue reading “Mark “Superhero Copycat” Zuckerberg” | >

Elon Musk has again decided to share a timeline about Tesla’s self-driving effort – again claiming it will achieve “full self-driving” by the end of the year.

But this time, the CEO has mentioned “level 4 or 5” self-driving. However, it’s not clear if he knows what that means.

Over the years, Musk has claimed that Tesla was on the verge of achieving “full self-driving capability” so often that it is hard to believe him now.

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Elon Musk will not sit aside while Meta’s new killer app Threads amasses tens of millions of users. A potential legal battle looms.

Twitter is considering sueing Meta over “systematic, willful, and unlawful misappropriation of Twitter’s trade secrets and other intellectual property,” a leaked letter by Musk’s lawyer Alex Spiro reveals.

“Competition is fine, cheating is not,” Elon Musk tweeted.

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Tesla delivered upwards of 466,000 vehicles in the second quarter — 20,000 more than Wall Street’s consensus forecast of about 446,000, it revealed on Sunday. Jim Chanos waved away the strong showing on Twitter, saying it was fueled by price cuts and firmly priced into Tesla’s current valuation.

“Again, ‘blown away’ is a 4% beat on deliveries with huge price cuts? The $800B valuation might just be discounting that…$TSLA,” he tweeted about Elon Musk’s electric-vehicle company.

“Is ‘massive’ 4% for a stock at 10x revenues…? Shouldn’t a company trading at that valuation always exceed expectations? $TSLA,” the short seller wrote in a second tweet.

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By now, it should not be breaking news that Tesla is boldly entering the trucking industry with the semi-truck. Elon Musk wants to leave no stone unturned in his quest to up-end industries for the better.

He is not just doing that by producing more advanced and efficient vehicles for the future, he’s also doing it with the kind of factories he builds to produce those vehicles. A factory as big as 138 football fields combined. Boardwalk with hike and biking trail.

Ecological paradise with birds in the trees, butterflies, and fish in the stream. The semi-truck is nothing like what the industry has ever seen. And that’s not even the most interesting part. Why? We will fill you in on all the details in just a sec. Let’s get right into it.

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