Tesla (TSLA) stock sank more than 7% Friday midday as investors signaled disappointment over the EV maker’s robotaxi debut.Following the event on Thursday night, “We, Robot” — which aimed to cement CEO Elon Musk’s position as an AI leader — investors and analysts came away with more skepticism than excitement over Tesla’s lofty vision for a future of driverless cabs.Jefferies (JEF) analysts called Tesla’s $30,000 robotaxi, dubbed the Cybercab, a “toothless taxi” in a note to investors Friday morning, adding that Tesla has “ambitious targets” with “little evidence of feasibility.”“We believe TSLA potentially underappreciates the obstacles to scaling a robotaxi…
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A group of indigenous peoples in Brazil’s Pará state has slated the consultation process used for a huge jurisdictional REDD… Source link
Artificial intelligence (AI) was the most raised issue in the past 12 months among asset manager respondents to the annual Index Industry Association (IIA) member survey. Sustainable investing, thematic investing, and customized investment, respectively, ranked as top of mind after AI among survey respondents. Overall, the results illustrate that the asset management industry in Europe and America is in transition, facing mounting levels of complexity and a need for new partnerships, new and more specialized information sources, new skills, and stronger ecosystems and alliances. Background Four years ago, IIA began publishing a survey in partnership with our member firms and…
Ford’s strategic shift towards iconic vehicles aligns with the broader industry trend towards SUVs and trucks, which has seen a significant increase in demand in recent years. By focusing on models like the Bronco Sport, Bronco, Explorer, Mustang-E, and Expedition, Ford aims to capitalize on this growing market and strengthen its position in the automotive industry. The company’s recent updates and new additions to its SUV and truck lineup, including the refreshed Bronco Sport and Maverick, have contributed to its success. These models have been well-received by consumers and have helped to drive sales. Additionally, the company’s focus on electric…
The 1970 Plymouth Road Runner, though a standout in the muscle car scene, faced a decline in sales compared to the previous year. Despite Chrysler’s success in domestic production, the redesigned Barracuda and Duster models may have contributed to the Road Runner’s waning popularity. While the iconic Superbird, produced in limited numbers, garnered significant attention, it wasn’t the only Road Runner with a rear spoiler. The J81 option allowed for a black wing to be added to any Road Runner, enhancing its visual appeal without affecting performance. 1970 Plymouth Road Runner: A Unique Muscle Car Balancing Power and Comfort (YouTube…
CQC itself has not been charged, thanks to its cooperation with investigators, but several former executives, including CEO Kenneth Newcombe, face legal action. Jason Steele, CQC’s former Chief Operating Officer, has pleaded guilty and is reportedly assisting U.S. authorities. Newcombe’s legal team has called the charges “baseless,” with Newcombe battling cancer while defending his name.The case has garnered significant media attention, with national outlets taking particular interest in the involvement of an Assam-born figure. However, question arises whether the intense focus on Goswami could be part of a concerted effort to undermine his success and tarnish Assam’s image. Source link
Horst Jicha discussing cryptocurrency.Source: Team Business Global | YouTubeA German national who was under home detention in New York City on a $5 million bond guaranteed by his domestic partner and children in a case in which he was charged with overseeing a $150 million cryptocurrency fraud is now a fugitive.”There’s a very active investigation underway to capture him,” said John Marzulli, a spokesman for the Brooklyn U.S. attorney’s office, on Friday, a day after the defendant, Horst Jicha, failed to appear in Brooklyn federal court as scheduled.”We are going to forfeit the bond,” Marzulli added, meaning that prosecutors will…
EZFILL FUELING GENERATORS, FIRST RESPONDERS, RESIDENTS, AND BUSINESS FLEETS MIAMI, FL, Oct. 11, 2024 (GLOBE NEWSWIRE) — EzFill Holdings, Inc. (EzFill or the Company) (NASDAQ: EZFL), a pioneer and emerging leader in the mobile fuel industry, is proud to announce its dedicated efforts to support communities affected by Hurricanes Helene and Milton over the past two weeks. As these storms impacted countless residents, EzFill mobilized quickly to provide essential services and resources to those in need, such as nursing homes, first responders, and local residents. Understanding the critical importance of fuel access during emergencies, EzFill activated its emergency response team,…
Peopleimages | Istock | Getty ImagesAs investors revisit bonds amid falling interest rates, some are encountering longer waits to transfer certain assets purchased via TreasuryDirect, a platform run by the U.S. Department of the Treasury. TreasuryDirect, which sells government-backed assets, experienced a surge in demand in recent years as investors flooded into Series I bonds that offered record-high yields amid elevated inflation.Now, other assets, such as Treasurys, are taking longer to transfer from TreasuryDirect to brokerage accounts. In some cases, the wait could be up to 12 months, The Wall Street Journal reported on Wednesday.More from Personal Finance:Here’s the inflation breakdown…
Rolls-Royce, renowned for its luxury vehicles, is currently working on a facelift for its Ghost sedan. The car, introduced in 2020, is in need of a refresh to maintain its position in the competitive luxury market. Prototypes of the facelifted Ghost have been spotted on several occasions, and the latest sighting has revealed some key changes. The most noticeable alteration is the new teardrop shaped headlights, which replace the rectangular clusters found on the current model. These new headlights not only provide a more modern and sophisticated look but also enhance visibility and safety. The front bumper has also been…