Tesla profits drop 55%, company says EV sales 'under pressure' from hybrids
Tesla profits fell 55% in the first quarter as a protracted EV price-cutting strategy cut into the automakers bottom line.
Selected by us for you, vetted by the real people. Electronics stories that are relevant today.
Tesla profits fell 55% in the first quarter as a protracted EV price-cutting strategy cut into the automakers bottom line.
When CEO Elon Musk took a hard turn to the right, the number of Democrats buying Teslas dropped 60 percent.
Ek said Spotify employees were doing too much "work around the work" as he laid off 17% of the group's workforce in December.
The Senate approved a bill that would ban TikTok unless Chinese parent ByteDance sells its stake in the app, setting the table for a court fight.
The FTC has decided to ban all new noncompete agreements and most existing ones in the US after receiving thousands of comments overwhelmingly in favor of the...
TikTok said it will sue to block U.S. legislation, signed into law by President Biden, banning the app unless parent ByteDance divests its ownership.
TikTok CEO Shou Chew promised to fight the US ban in court and urged users to speak out.
Launched less than a year ago as a rival for Twitter, Threads is continuing to gain ground with users.
The health tech giant processes 15 billion health transactions a year, and handles health information for about half of all Americans.
Mercedes' Level 3-enabled cars went on sale in December, though they are only able to be legally sold in California and Nevada, writes Fortune. The two states'...
Legislators in two dozen states are working on bills, or have passed laws, to combat A.I.-generated sexually explicit images of minors.
Ek said Spotify employees were doing too much "work around the work" as he laid off 17% of the group's workforce in December.
The EV maker brings forward launch plans for new models as profits drop by more than half.
A pair of laser weapons has been deployed by the Army to an undisclosed location overseas to blast incoming enemy drones out of the sky.
Lonely men duped into £75 'perfect' AI girlfriends find toxic abusers supporting Putin; Instagram ads target vulnerability.