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Tesla is struggling in Q1, but will regain its BEV crown as BYD sales plunge. The China EV giant is ramping up a price war...
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Looking for stock market analysis and research with proves results? Zacks.com offers in-depth financial research with over 30years of proven results...
Continue ReadingLooking for stock market analysis and research with proves results? Zacks.com offers in-depth financial research with over 30years of proven results...
Continue ReadingAmerican car buyers just aren’t adopting battery-power vehicles like people elsewhere. It is good news for the Japanese auto maker...
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OpenAI, the most valuable AI startup, said Wednesday it intends to dismiss all claims made by Elon Musk in a recent lawsuit and suggested that the billionaire entrepreneur, who was involved in the company's co-founding, didn't really have that much impact on its development and success. In a blog post authored by the entire OpenAI band – Greg Brockman, Ilya Sutskever, John Schulman, Sam Altman, Wojciech Zaremba and OpenAI – the Microsoft-backed startup revealed that since its inception in 2015,...
Continue ReadingChinese electric vehicle giant BYD on Wednesday added fuel to the flames of a brutal price war in China by cutting the price of its cheapest car, the Seagull, by 5%. BYD has become a relentless discounter in the price war Tesla began in the world's largest auto market last year. This year, it has embarked on a series of price cuts - including a drop of nearly 12% to the Yuan Plus crossover, its best-selling car known as the Atto 3 in overseas markets...
Continue ReadingEurope’s Digital Markets Act is forcing tech giants to make changes. Here’s what that will look like
Europeans scrolling their phones and computers this week will get new choices for default browsers and search engines, where to download iPhone apps and how their personal online data is used. The DMA is the latest in a series of regulations that Europe has passed as a global leader in reining in the dominance of large tech companies...
Continue ReadingInvestors looking for an alternative to the Magnificent Seven could do worse than this popular online retailer...
Continue ReadingThe company's "gigafactory" in Europe will remain shut after a nearby fire affected its power supply...
Continue ReadingChatGPT maker OpenAI on Tuesday refuted Elon Musk's claims that the startup abandoned its original mission to develop artificial intelligence for the benefit of humanity and not for profit. OpenAI said in a blog post that it intends to move to dismiss all of Musk's claims. Musk filed a lawsuit against the startup he co-founded last week, alleging breach of contract, saying the Microsoft-backed firm is now focused on making money...
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