Musk's Record Earnings and massive Tesla plant in Indonesia

Musk's Record Earnings and massive Tesla plant in Indonesia

The notable bet by Elon Musk, CEO of Tesla, to amplify sales and profits by slashing the price tags on its products seemed to display ambiguous results. The electric vehicle giant not only marked a sales surge in the second quarter of the year but also managed to exceed Wall Street's net income forecasts. However, a discernible decline in the company's profit margins caused apprehension, and Tesla shares underwent a wavering ride in after-hours trading.

In the details of the financial records disclosed, Tesla, known for its line of electric vehicles, solar products, and energy storage solutions, posted a net income of $2.7 billion for the April-June quarter, registering a 20% growth over the previous year. Earnings per share followed the trend with an increment of 20%, reaching 78 cents, in line with generally accepted accounting principles (GAAP). The revenue figures were equally impressive, showing a 47% jump to a substantial $24.93 billion.

Jaksot(1292)

Anthropic Overtakes OpenAI in Annual Revenue

Anthropic Overtakes OpenAI in Annual Revenue

The 1945 General Motors Annual Report serves as a historical record detailing the corporation's transition from intensive military production to peacetime manufacturing at the conclusion of World War ...

14 Huhti 19min

 Molotov Cocktail Attack on Sam Altman #2

Molotov Cocktail Attack on Sam Altman #2

In April 2026, OpenAI CEO Sam Altman’s San Francisco residence was the target of two separate violent incidents following a critical New Yorker investigation into the company’s safety culture. On Apri...

13 Huhti 14min

The firebombing of Sam Altman's house

The firebombing of Sam Altman's house

The evolving cybersecurity landscape and the physical security risks facing the artificial intelligence industry in 2026. Reports from security firms like Kaseware and Palo Alto Networks highlight how...

13 Huhti 13min

SpaceX Moves Starship V3 Maiden Flight to May: What’s the Hold Up?

SpaceX Moves Starship V3 Maiden Flight to May: What’s the Hold Up?

SpaceX just hit the brakes. Flight 12, the first launch of the Starship V3, is officially pushed to May. While Elon claims it is a 4 to 6 week tweak, there is more going on with the V3 hardware than j...

12 Huhti 18min

Moving AI Data Centers Into Orbit

Moving AI Data Centers Into Orbit

The evolving financial and operational landscape of Elon Musk’s major ventures, primarily SpaceX and Tesla, amid rumors of a massive $2 trillion initial public offering. While some reports claim Space...

12 Huhti 15min

Sixteen Colleges Rejected This Google Engineer

Sixteen Colleges Rejected This Google Engineer

A series of racial discrimination lawsuits filed by Stanley Zhong and his father against several prestigious universities, including the University of California system and Cornell. Despite having a n...

11 Huhti 28min

Meta abandons open source for Muse Spark

Meta abandons open source for Muse Spark

Meta has officially launched Muse Spark, a sophisticated multimodal AI model developed by the newly established Meta Superintelligence Labs. This release represents a significant strategic pivot, as t...

10 Huhti 23min

iPhone Fold - Apple's Two Thousand Dollar Foldable Strategy

iPhone Fold - Apple's Two Thousand Dollar Foldable Strategy

A comprehensive update on Apple’s strategic shifts and financial status heading into 2026. The company is reportedly preparing to enter the foldable smartphone market in September with a high-end devi...

9 Huhti 13min