Tag: elonmusk
-
Opinion: As investors worry about lower Tesla margins, Musk says Full Self-Driving is key to future profits
[ad_1] Telsa Inc. reported its lowest gross margins in over three years Wednesday, as the company has lowered prices on its electric vehicles and spent on ramping up another new factory, but Chief Executive Elon Musk told investors to focus on the bigger picture. Tesla reported second-quarter earnings that beat Wall Street’s estimates on an…
-
SpaceX scrubs Starship test launch minutes before blastoff
[ad_1] SpaceX scrubbed the eagerly anticipated test launch of its giant Starship rocket minutes before blastoff Monday. The launch from SpaceX’s Starbase facility in Boca Chica, Texas, would have been the first flight test to integrate SpaceX’s Starship and Super Heavy rockets. The largest rocket ever built, Starship is designed to play a key role…
-
Who is Bernard Arnault, the world’s richest person with a $210 billion fortune?
[ad_1] The world’s richest person just keeps getting richer. We’re talking about Bernard Arnault, chair and CEO of the LVMH MC, +1.01%, the French-based corporation that specializes in luxury goods. His net worth increased to $210 billion this week, according to the Bloomberg Billionaire Index, with a gain of $11.6 billion after LVMH’s stock surged…
-
Biden administration considers crackdown on AI tools such as ChatGPT
[ad_1] The Biden administration is edging toward rules on artificial-intelligence tools such as ChatGPT over fears the technology could be used to spread falsehoods and discrimination. On Tuesday, the Commerce Department issued a formal public request for comment on accountability measures for technology that includes potentially risky new AI models. Such models would be required…