Tesla Asked to Emulate Apple in Finding Indian Firms to Partner Chinese Suppliers for Electric Car Factory

Tesla Asked to Emulate Apple in Finding Indian Firms to Partner Chinese Suppliers for Electric Car Factory

As Tesla examines building a plant in India, officials have asked the company to emulate Apple in finding local firms to partner with any Chinese suppliers involved, according to three government sources with direct knowledge of the matter. Tesla has been in talks with India for weeks about setting up…

Elon Musk Takes Product and Engineering Chief Role at X, Yaccarino to Lead All Other Divisions

Elon Musk Takes Product and Engineering Chief Role at X, Yaccarino to Lead All Other Divisions

X owner Elon Musk and Chief Executive Linda Yaccarino will both oversee the trust and safety team at the company formerly known as Twitter, the social media concern said on Monday. X’s product and engineering team will report to Musk, while Yaccarino will oversee all other divisions, including human resources,…

Elon Musk Says X, Formerly Twitter, Reaches ‘New High’ With Over 540 Million Monthly Users

Elon Musk Says X, Formerly Twitter, Reaches ‘New High’ With Over 540 Million Monthly Users

Elon Musk said on Friday that monthly users of social media platform X, formerly known as Twitter, reached a “new high” and shared a graph that showed the latest count as over 540 million. Musk’s post on X about the user figures comes as the company goes through organisational changes…

Meta Plans to Work on Boosting Retention on Threads After App Loses More Than Half of Its Users

Meta Plans to Work on Boosting Retention on Threads After App Loses More Than Half of Its Users

Meta Platforms executives are heavily focused on boosting retention on their new Twitter rival Threads, after the app lost more than half of its users in the weeks following its buzzy launch, CEO Mark Zuckerberg told employees on Thursday. Retention of users on the text-based app was better than executives…

Elon Musk Says He Intends to Rebrand Twitter, Blue Bird Logo to Be Replaced by an X

Elon Musk Says He Intends to Rebrand Twitter, Blue Bird Logo to Be Replaced by an X

Twitter owner Elon Musk on Sunday signalled he would do more to take the social media company in a new direction with a rebranding that will replace its well-known blue bird logo with an X after acknowledging advertisers have been slow to return. The change, which was not evident on…

Tesla CEO Elon Musk Optimistic on Fully Autonomous Self-Driving Technology, Humanoid Robots in Factories

Tesla CEO Elon Musk Optimistic on Fully Autonomous Self-Driving Technology, Humanoid Robots in Factories

Tesla Chief Executive Elon Musk on Wednesday set new targets for artificial intelligence products including self-driving software and using humanoid robots in factories, though he acknowledged he’s been optimistic before. The electric vehicle maker is in early talks with a major automaker to license its full self-driving technology, Musk added….

Twitter Cash Flow Still Negative Because of 50 Percent Drop in Ad Revenue, Heavy Debt: Elon Musk

Twitter Cash Flow Still Negative Because of 50 Percent Drop in Ad Revenue, Heavy Debt: Elon Musk

Twitter’s cash flow remains negative because of a nearly 50 percent drop in advertising revenue and a heavy debt load, Elon Musk said on Saturday, falling short of his expectation in March that Twitter could reach cash flow positive by June. “Need to reach positive cash flow before we have…