Micron Technology briefly overtook Meta Platforms and Tesla by market capitalisation on Thursday after the US memory-chip maker delivered stronger-than-expected quarterly guidance, reinforcing investor confidence in the artificial intelligence (AI) infrastructure boom and soaring demand for memory chips.
Tesla and SpaceX CEO Elon Musk’s xAI company has purchased a third building near its existing Memphis sites in the US, that will bring its artificial intelligence (AI) computing capacity to almost 2 gigawatts (GW).
Tesla and SpaceX CEO Elon Musk has warned that the runaway silver rally is worrying because of its need in many "industrial processes".
Tesla CEO Elon Musk has defended the H-1B visa programme, saying that the US economy has “benefited immensely” from Indian immigrants.
Elon Musk, the world’s richest person, is slated to get richer. With a current worth of nearly US$500 billion (roughly Rs 44 lakh crore), Musk has been voted a pay package of US$1 trillion (roughly Rs 88 lakh crore) by Tesla shareholders, over the next ten years, subject to his achieving certain tough targets.
According to the WSJ, friends and others close to Musk were worried that his drug use was getting worse, and "some asked him to go to rehab".
Presenting the Interim Budget in the Lok Sabha, Finance Minister Nirmala Sitharaman said that to promote green growth, a new scheme of bio-manufacturing will be launched.
Shares in Tesla plunged as much as 11 per cent after the market opened, wiping $73 billion off the company’s market value hours after it warned of slowing growth in electric car sales and an existential threat from Chinese rivals
The electric car company registered a record delivery of 1.8 million EVs in 2023.
Elon Musk-run electric vehicle (EV) company Tesla on Tuesday said it delivered 1.81 million cars in 2023, which is a 38 per cent growth (year-on-year).
