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Tesla Reports Record Revenue for 2022, 1.31 Million EVs Sold - CNET

13 days ago   |   By CNET

Tesla sold more cars and made more money than ever in 2022, despite a reduction in its average transaction price. The automaker now turns its attention to software to drive profit.
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Tesla Cybertruck mass production won't start until 2024

Tesla Cybertruck mass production won't start until 2024

13 days ago   |   By The Verge

Photo by Sean O'Kane / The Verge
Tesla's long-anticipated Cybertruck won't be seeing full volume production until 2024, Elon Musk said during the company's fourth quarter earnings call today.
During the call, Musk was asked whether the forthcoming vehicle would meet a mid-2023 production target that was set in Q2 last year. Musk cagily confirmed that Cybertruck manufacturing would start “sometime this summer,” but concluded that mass production of the polarizing pickup won't start until next year. “I always try to downplay the start of production,” Musk said. “It increases exponentially...
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Smartphone Shipments Saw Biggest-Ever Drop at the End of 2022 - CNET

13 days ago   |   By CNET

Shipments declined almost 20% in the fourth quarter last year.
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Tesla Reveals Record Fourth Quarter 2022 Revenue Despite Elon Musk Drama

Tesla Reveals Record Fourth Quarter 2022 Revenue Despite Elon Musk Drama

13 days ago   |   By SlashGear

Despite falling stock prices, Tesla announced record earnings for Q4 2022, raking in over $3 billion in net income at the end of 2022. We have all the details.
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Tesla reports $24.3B revenue in the fourth quarter, beating Street estimates

13 days ago   |   By TechCrunch

Tesla just beat Wall Street revenue estimates for the fourth quarter of 2022. The company closed out Q4 with $24.3 billion in revenue, a 37% increase from the same quarter last year and a 13% bump quarter-over-quarter. Analysts had expected the company to earn around $24.2 billion, according to Yahoo Finance data .
The electric vehicle maker had $1.4 billion in free cash flow at the end of Q4, which is down from the $3.3 billion the company had in the bank at the end of the third quarter.
Investors today will be watching out for gross margins after Tesla slashed prices and offered multiple...
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Samsung Galaxy S23 Ultra Review: Excellence Is Expensive

Samsung Galaxy S23 Ultra Review: Excellence Is Expensive

The Samsung Galaxy S23 Ultra delivers the brand's best mobile experience in a single flat form, not unlike its predecessors. But is it enough? Read more ...

Astronomers Discover New Ring System in Our Solar System

Astronomers Discover New Ring System in Our Solar System

Astronomers found a new ring system around a dwarf planet on the edge of our Solar System. Read more ...

Netflix's password-sharing crackdown hits Canada, but not the US - yet

Netflix's password-sharing crackdown hits Canada, but not the US - yet

Illustration by Alex Castro / The Verge Netflix is expanding its paid password sharing to subscribers in Canada, New Zealand, Portugal, and Spain starting Wednesday, the... Read more ...

Hogwarts Legacy Relationship Quests Explained

Hogwarts Legacy Relationship Quests Explained

Starting school as a fifth-year student in Hogwarts Legacy means you're older than much of the student body, but only as experienced as the first-year kids. That means making... Read more ...

Nintendo Direct Set For This Afternoon

Nintendo Direct Set For This Afternoon

A new Nintendo Direct will air tomorrow, February 8, at 2 p.m. Pacific/5 p.m. Eastern. Tune in at 2 p.m. PST tomorrow, Feb. 8, for a NintendoDirect livestream featuring roughly... Read more ...

Forspoken Is Getting A Big Performance Update

Forspoken Is Getting A Big Performance Update

Forspoken players still exploring Athia or those hoping to jump in the future should be happy to know that developer Luminous Productions has announced an impending patch to... Read more ...

Jackbox Party Pack 10 Announced For This Fall

Jackbox Party Pack 10 Announced For This Fall

Ever since the first bundle arrived in 2014, The Jackbox Party Pack has been a staple in many households when friends and family come over. The zany, creative, and... Read more ...

Microsoft Edge is getting Adobe's freemium PDF viewer

Microsoft Edge is getting Adobe's freemium PDF viewer

Illustration: The Verge Microsoft Edge's new PDF viewer is powered by Adobe, and it won't let you forget that. In an announcement on its website , Microsoft says it's replacing... Read more ...

Microsoft might have to give up Call of Duty or Activision itself for its...

Microsoft might have to give up Call of Duty or Activision itself for its deal to close, UK government suggests

Microsoft might have to give up Call of Duty - or the entire Activision part of Activision Blizzard - if it wants to close its pending buyout, according to the latest ruling... Read more ...

Krafton sees full-year sales, profit dip

Krafton sees full-year sales, profit dip

Sign up for the GI Daily here to get the biggest news straight to your inbox Krafton announced its fourth quarter and full-year earnings today, showing declines for 2023... Read more ...