Tesla made an annual profit of $12.6 billion in 2022
High operating margins and good sales growth are responsible, Tesla says. Enlarge / Elon Musk had plenty of headaches in 2022 but Tesla making money wasn't one of them. (credit: FREDERIC J. BROWN/AFP via Getty Images) T.....»»
How do emotions help construct our cultural identity in music festivals?
2022 was a record year for music festivals in Spain, hitting historic highs just two years after the entire country was locked down due to the pandemic. Spain boasts close to a thousand music festivals and a live music industry that earned 459 millio.....»»
NHTSA sends Tesla massive data request as it investigates Autopilot recall
Tesla has until July 1 to comply with the data request about its Autopilot recall. Enlarge (credit: Brandon Bell/Getty Images) The federal government has given Tesla quite the homework assignment. The electric automaker.....»»
F&I gross profit per vehicle down for 5 of 6 public groups in Q1
The retailers pointed to high interest rates again as a major contributor to the declines......»»
Tesla Autopilot probe escalates with U.S. regulator’s data demands
Tesla Inc. is facing a July 1 deadline to furnish U.S. regulators with information about its biggest-ever recall because drivers using Autopilot keep crashing while using the system......»»
Dive into our annual rankings, lists and enterprise reporting
A guide to Automotive News' lists, rankings and deep reporting so far this year......»»
Little-known self-driving startup raises $1 billion from Nvidia, Microsoft, SoftBank
Wayve is a UK startup with an AI-focused approach to solving autonomy for cars. It's akin to a vehicular version of ChatGPT......»»
Can the new iPad compete with my preferred tablet?
We’re less than a day away from Apple unveiling the first updates to the iPad line since 2022. In other words, there are only a few more hours left to speculate about new iPads! That made me think of something that I’ve been meaning to write abou.....»»
Tesla announces fourth round of layoffs in four weeks
The latest cuts affect engineers, HR, and service advisers. Enlarge (credit: Karol Serewis/SOPA Images/LightRocket via Getty Images) On Sunday night, even more Tesla workers learned they were no longer employed by the c.....»»
Tesla lays off more staff in software, service teams
Electric-vehicle maker Tesla has launched another round of layoffs including staff from the software, service and engineering departments, Electrek reported Monday, citing emails and sources familiar with the matter......»»
Astronomers observe elusive stellar light surrounding ancient quasars
MIT astronomers have observed the elusive starlight surrounding some of the earliest quasars in the universe. The distant signals, which trace back more than 13 billion years to the universe's infancy, are revealing clues to how the very first black.....»»
Annual Pride Edition Braided Solo Loop for Apple Watch arrives
In what has become an annual tradition for Apple, a new Pride Edition Braided Solo Loop for the Apple Watch has been introduced.Apple's Pride Collection for 2024Apple annually releases Pride Edition Apple Watch bands and wallpapers, as part of its ef.....»»
Privacy requests increased 246% in two years
Data Subject Requests (DSRs) — formal requests made to a company by a person to access, delete, or request not to sell/share the personal data that the company holds on them — increased by 32% from 2022 to 2023, according to DataGrail’s 2024 Pr.....»»
American Axle Q1 revenue, profit climb
American Axle & Manufacturing increased revenue and profit in the first quarter thanks to steadier production from its customers. Net income swung to a $20.5 million gain from a $5.1 million deficit in the same period last year......»»
Sony demands PSN accounts for Helldivers 2 PC players, and it’s not going well
A surprise hit, a network with brutal baggage, and the Steam profit paradox. Enlarge / This gear is from the upcoming "Polar Patriots" Premium Warbond in Helldivers 2. It's an upcoming change the developer and publisher likely wi.....»»
AI in space: Karpathy suggests AI chatbots as interstellar messengers to alien civilizations
Andrej Karpathy muses about sending a LLM binary that could "wake up" and answer questions. Enlarge (credit: Getty Images) On Thursday, renowned AI researcher Andrej Karpathy, formerly of OpenAI and Tesla, tweeted a ligh.....»»
American Axle revenue, profit climb in first quarter
American Axle & Manufacturing Holdings Inc. increased revenue and profit in the first quarter thanks to steadier production from its customers. The automotive supplier saw year-over-year revenue growth of 7 percent to $1.6 billion during the period,.....»»
NOAA reports continued drop in overfishing
In a report released May 2, NOAA Fisheries announced that 2023 saw a record low for the number of fish stocks subject to overfishing. The annual "Status of the Stocks" report is an assessment of the 506 stocks and stock complexes managed by NOAA Fish.....»»
What’s happening at Tesla? Here’s what experts think.
Can things be turned around at Tesla, or is this the beginning of the end? Enlarge (credit: Aurich Lawson | Getty Images | Beata Zawrzel) No car company in recent years has been able to generate more news headlines than.....»»
Carvana CEO Ernie Garcia and his father make $11 billion in 3,000% stock rebound
The one-day surge in Carvana shares pushed the older Garcia’s fortune to $10.9 billion from a 2022 low of $3.1 billion, while his son’s net worth climbed to $3.8 billion, according to the Bloomberg Billionaires Index......»»
Research explores energy and land-use practices on US golf courses
In 2018, golf was estimated to contribute significantly to the US economy, generating $84 billion, supporting 2 million jobs, and providing $59 billion in compensation. Given its prominence, golf holds a valuable position within US culture. However,.....»»