Tesla
Tesla Announces CFO Transition: Vaibhav Taneja to Succeed Zachary Kirkhorn
Tesla appoints Vaibhav Taneja as CFO, succeeding Zachary Kirkhorn, effective August 4, 2023, marking a new phase in leadership.
AI.com Now Redirects to Elon Musk's New AI Project X.ai
On August 2, the website X.ai, which is the official website of Elon Musk's new artificial intelligence project, started diverting traffic from the domain AI.com. Previously, traffic on this site was redirected to ChatGPT using the same URL.
Elon Musk Plans to Launch AI Startup to Compete with OpenAI
Elon Musk is reportedly assembling a team of AI researchers and engineers to launch an AI startup to compete with OpenAI. Musk is said to be in talks with existing investors from SpaceX and Tesla for investment in the new venture. In addition, Musk has recently incorporated a company named X (X.AI) and changed the name of Twitter to "X Corp" as part of his plans to create an "everything app" under the "X" brand. Meanwhile, Amazon Web Services (AWS) has launched the Bedrock initiative to allow its users to build generative AI from foundation models.
Tesla's $140 Million Bitcoin Loss Shows the Risk of Crypto Holdings
Q1 2021 Tesla spent $1.5 billion on Bitcoin.
Tesla refuses to sell any more Bitcoin
Tesla kept its Bitcoin for the second half of 2022 after selling 75% in the second quarter. As Bitcoin's price fell, the firm's financials reveal it didn't buy or sell Bitcoin in Q2 or Q3.
Twitter Sued Amid Musk's Plans to Lay Off 50% of Employees
Elon Musk may have to battle a new class action lawsuit over alleged Twitter staff layoff
Crypto Market Watch: Weekly Price Trend Update
Here is a brief on the most significant crypto price uptrend over the past week.
Tesla Launches Cyberwhistle by Accepting Dogecoin for Payment
American electric vehicle manufacturer Tesla has launched a new product called Cyberwhistle by accepting Dogecoin for payment.
Tesla Earns $64m Profits from Selling 75% of BTC Holdings
Electric car manufacturer Tesla (TSLA) announced it earned $64 million profit from the sale of 75% of its BTC holdings, despite a $170 million impairment loss in Q2 this year.
Tesla Sold 75% Bitcoin Holdings in Q2, Worth $936m
Tesla’s 75% of Bitcoins have been sold from its holdings. This sale comes after a sharp drop in crypto prices across the board, including Bitcoin and Dogecoin.