To The Moon

Tesla, Inc.'s Q1 earnings showed resilience despite challenges, with a net income of $1.1 billion and continued plans for an affordable "Redwood" model.The launch of the "Redwood" Model 2 could signif

Tesla stock has been looking for a bottom, ahead of first-quarter earnings from the electric-vehicle company on April 23.It's been a hard week for shareholders. Tesla stock has dropped every day, falling more than 12%. Tesla's large company layoffs, or about 10% of its 140,000-strong global workforce, disclosed on Monday, catalyzed the drop.Now investors are waiting to hear from CEO Elon Musk next Tuesday. They are looking for a plan to reaccelerate growth, after first-quarter deliveries came in at about 387,000 units, down almost 9% year over year.The plan could include new lower-priced vehicles, autonomous robotaxis, or other business opportunities such as utility-scale battery storage. Whatever the details, investors want to hear it from an engaged, motivated CEO.As for earnings, Wall Street expects quarterly earnings of about 50 cents a share, down from 85 cents in the first quarter of 2023.Coming into Friday trading, Tesla stock has fallen 15% for the month and 40% for the year to

Apple Inc. has reportedly shelved its electric-car project and will be moving some of those engineers to work on AI, leading to questions such as how the iPhone maker will incorporate more artificial

St James’s Place, RIT among City firms he establishedGranted the Order of Merit by Queen Elizabeth II in 2002Jacob RothschildJacob Rothschild, the banker and philanthropist who left the family bank to

Alphabet shares slipped over 1.5% in premarket trading on Thursday as OpenAI is reportedly working on a web search product that could place it further in competition with the Sundar Pichai-led tech giant.The search service may be partly powered by Microsoft's Bing, The Information reported, citing a person with knowledge of OpenAI's plans.Microsoft invested multiple billions of dollars into the Sam Altman-led company last year and has been integrating its technology into a number of its produ

Meta Platforms CEO Mark Zuckerberg is now the fourth richest person in the world following a surge in Meta's share price that has increased his net worth more than any other individual this year.In 2024 so far, Zuckerberg's fortune has climbed by $42.4 billion, which has vaulted him to fourth place on Bloomberg's Billionaire Index. He has now overtaken Microsoft co-founder Bill Gates, who dropped to fifth-wealthiest billionaire.Zuckerberg, who owns a 13% stake in Meta , is now worth $170 billion, thanks to a surge in shares in the social media company he first set up in 2004 while a student at Harvard University.Zuckerberg now sits behind No. 1 billionaire Tesla CEO Elon Musk and Amazon founder Jeff Bezos, whose wealth climbed to $197 billion from $144 billion on Friday.The fast-paced growth in Zuckerberg's net worth saw him top the ranks of those who have made the sharpest increases in their wealth this year, ahead of Indian steel magnate Gautam Adani and Nvidia CEO Jensen Huang.

ZINGER KEY POINTSMusk has said he feels "uncomfortable" steering Tesla toward becoming a leader in AI/robotics without having 25% voting control.Despite Musk's desire for more influence, Gerber argued