To The Moon

By Chris Kirkham Nov 5 - When Reuters reported in April that Tesla had scrapped plans for a long-promised, next-generation $25,000 electric vehicle, the automaker’s stock plunged. Chief Executive Elon Musk rushed to respond on X, his social-media network. “Reuters is lying,” he posted, without elaborating. Tesla’s stock recovered some of its losses. Six months later, Musk appears to have backed into an admission that Tesla dropped its plans for a human-driven $25,000 car. He said in an Oct. 23 earnings call that building the affordable EV would be "pointless” unless the car was fully autonomous. His latest remarks came in response to an investor asking: “When can we expect Tesla to give us the $25,000 non-robotaxi regular car model?”

Elon Musk: Just Helping Out Someone in the Crowd, Then We Will Start

Taiwan Semiconductor Manufacturing Co.’s earnings beat lofty analysts’ estimates on growing AI investments around the world.Market expectations had risen in the weeks leading up to TSMC’s report on Thursday, with the AI frenzy and related investment showing no signs of slowing down.The chipmaker for Apple Inc. and Nvidia Corp. said net income rose to NT$247.8 billion . The average estimate was for a 29% increase, and many expected TSMC to hike its full-year outlook after sales jumped in the June

(Recasts, adds details) TAIPEI, July 17 (Reuters) - Taiwan should pay the United States for its defence as it does not give the country anything, U.S. Republican presidential candidate Donald Tru