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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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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13 days ago | By CNET
Shipments declined almost 20% in the fourth quarter last year.
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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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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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Today, Google released the first developer preview for Android 14. With that release, Google also released the timeline for Android 14, and it's not all that surprising. It... Read more ...
This new method of connecting quantum microchips, developed by the University of Sussex and Universal Quantum, has broken all previous records in terms of speed and fidelity. Read more ...
We've seen action figures that are so lifelike that websites post images thinking they're movie stills, but statues like the new Assassin's Creed Altaïr diorama is a new one on... Read more ...
Windows devices will need to run Windows 10 or later to continue receiving future Chrome releases. | Illustration by Alex Castro / The Verge If you're currently using Google... Read more ...
Sesame Labs, a web3 marketing platform, raised a $4.5 million seed round co-led by Wing Venture Capital and Patron, co-founders Vinay Jain and Aman Jain exclusively told... Read more ...
Uber's Q4 earnings were above Wall Street expectations, and the stock price rose about 6% in early trading. Read more ...
About to buy the OnePlus 11? You probably want to know if it's water resistant, and how durable the phone will be, right? We've got the answers here. Read more ...
Police are responding to a "vague threat" from a California university student hoping for class to be dismissed so they could watch today's Nintendo Direct. In a statement... Read more ...
Apex Legends Season 16 Revelry is just around the corner launching February 14th and there are a lot of changes coming for Apex's fourth anniversary. There's a big rework... Read more ...
A report from the Wall Street Journal says that the Discovery+ streaming service will live alongside the new combined service in the works from Warner Bros. Discovery. Read more ...