
Apple Memorial Day Deals: Save on iPads, MacBooks, and More
Memorial Day is a shopping weekend better known for outdoor items like grills and patio
2023-05-25 02:31

Does xQc support unregulated gambling? Internet divided on Kick streamer's take: 'What a moron'
'He is out of content already?' asked a follower when they saw the hill xQc was willing to die on for the sake of views
2023-06-30 21:08

'Such a wholesome man': Swifties gush over Travis Kelce as clip of him asking concertgoers to only cheer for Taylor Swift goes viral
During a recent 'The Eras Tour' concert in Argentina, Travis Kelce asked fans to cheer for Taylor Swift as the crowd was chanting his name
2023-11-13 20:18

Tesla’s profits dip as Elon Musk goes on rant against staff working from home
Electric car maker Tesla’s profits took a dive in the third quarter, according to an earnings call on Wednesday in which the company’s chief Elon Musk blamed staff working from home for being “detached from reality”. Tesla’s profits in Q3 of 2023 have plunged by over 40 per cent compared to the gains it made in the same period last year after the company slashed its car prices by around 25 per cent in an attempt to compete with other EV makers. The EV manufacturer reported a net profit of about $1.9bn for the time between July through September, which is a 44 percent drop from the $3.3bn it made in the same three-month period last year. While the company has seen a small increase in overall revenue of about $23bn from the $21bn the same time last year, the figures are still lower than Wall Street expectations. Mr Musk also dampened hopes of the company’s anticipated Cybertruck reviving profits in the near future, announcing that it would take at least 18 months for the truck to become profitable as it could go on sale only by the end of November. “There will be enormous challenges in reaching volume production with Cybertruck and making the Cybertruck cash flow positive,” the Tesla titan told investors and analysts in the earnings call. “The blood, sweat and tears that will be required to achieve that is just staggering,” he added. Over the last year, Tesla has slashed the prices of its cars by quarter to boost sales. Growing competition with the introduction of EVs by other car makers in the US, including BMW, Toyota, Mercedes, GM and Hyundai, has also coincided with Tesla’s share of vehicles in the EV market reducing in the last quarter. In the earnings call, Mr Musk also said staff working from home are taking advantage of those who cannot work from home. “Like... what about all the people that have to come to the factory and build the cars?” he asked. “Why did I sleep in the factory so many times? Because it mattered,” the Tesla chief said. Mr Musk echoed the statements he made in an interview with CNN earlier this year in which he called remote work “morally wrong”, arguing that it is unfair to those who cannot have the option. “Get off the goddamn moral high horse with the work-from-home bullshit,” he said. Tesla also pointed fingers at its reduction in production while it upgraded its factories as one of the factors behind the profit slump. It said it has also been making big investments in AI and “commissioned one of the world’s largest supercomputers.” “We have more than doubled the size of our AI training compute, accommodating for both our growing data set & Optimus, which is currently being trained for simple tasks through AI rather than hardcoded software, while its hardware continues to improve,” Tesla said. But all is not gloomy as the company says the first deliveries of its Cybertruck are scheduled for 30 November and Tesla’s Model Y remains the “best-selling vehicle of any kind” in Europe. Read More X begins charging new users to post as part of trial EU asks Elon Musk to ‘walk the talk’ on X/Twitter disinformation over Hamas attack AOC wants to ‘trade in’ her Tesla for union-made electric vehicle amid historic auto workers strike Amazon to start dropping packages into people’s gardens using drones in the UK Facebook has stopped working Facial recognition firm Clearview AI overturns UK data privacy fine
2023-10-19 13:52

YouTube to stop removing content making false claims on past elections
Alphabet Inc's YouTube said on Friday that the platform would stop removing content that might have spread false
2023-06-03 02:52

Three Ophthalmic Labs in North America Sign to Acquire flō Platforms
TEL AVIV, Israel--(BUSINESS WIRE)--Oct 30, 2023--
2023-10-31 03:04

Elon Musk to meet Macron, other leaders at France conference
PARIS (Reuters) -Billionaire entrepreneur Elon Musk will meet French President Emmanuel Macron and other political leaders on Monday at a
1970-01-01 08:00

Who is Missy? Anna Nicole Smith's ex-love calls her 'manipulative monster' for faking childhood abuse in Netflix's ‘Anna Nicole Smith: You Don’t Know'
Melissa Byrum aka Missy revealed that Anna Nicole Smith suffered greatly due to drug addiction but her quest to earn fame led her to invent abusive childhood
1970-01-01 08:00

Netflix ‘Extraction 2’: Director Sam Hargrave reveals how Chris Hemsworth was set on fire for 21-minute oner
‘It was at night, in the middle of winter. Chris [Hemsworth] had red ears and a red nose because he was freezing,’ said Sam Hargrave
2023-06-13 12:31

Dockworker Strike at Canada’s Biggest Ports to Fuel Inflation
A strike at Pacific coast ports threatens to disrupt millions of dollars of trade and add inflationary pressures
2023-07-02 01:49

'It was a perfect storm!' Martin Scorsese praises 'special' Oppenheimer and Barbie cinema releases
Martin Scorsese believes it was "something special" for cinema this summer when 'Oppenheimer' and 'Barbie' were released at the same time, and he found it "wonderful" that so many went to watch the films in theatres.
2023-10-10 15:00

What does the word 'queer' even mean?
Every Pride, it seems, people online debate about who "counts" as queer. Some may think
2023-06-13 18:00
You Might Like...

Dollar Poised for Best Day in Five Weeks on September Inflation Print

Inigo Martinez reveals Barcelona squad response to Ilkay Gundogan criticism

Internet furious at Drake's 'hidden message' in cover pic of Halle Berry as actress slams rapper

Preach the Woolly Gospel in Cult of the Lamb

Philippines says a coast guard ship and supply boat were rammed by Chinese vessels at disputed shoal

Animation explaining exactly how Titan sub imploded attracts millions of viewers

When Does FIFA 23 Come to Xbox Game Pass?

Jets, Aaron Rodgers just got bulletin board material to last the whole season