business finance
Tesla: The Newest Meme Stock | Giga Gears
Right now is a weird time to be Tesla. On the one hand, sales are flagging, the company’s newest vehicle is an absolutemess, and its flagship software only works for an elite few. On the other, the stock keeps climbing, with Tesla’s market cap now well over $800 billion. As it turns out, we have a word for for stocks…
Tesla Cybertruck: Top-Selling $100K+ Vehicle | Giga Gears
Despite the fact it’s one of the most divisive – if not the most divisive – vehicles on sale today, the Tesla Cybertruck was apparently June’s best-selling vehicle that costs over $100,000. It’s a pretty impressive feat for a truck that a lot of people absolutely hate.
Tesla Delays Robotaxi Reveal, No Surprise | Giga Gears
Just like Elon Musk’s perpetual promises of Full Self-Driving, Tesla is delaying the reveal of its wishfully lucrative Robotaxi from its planned August 8 date all the way to October. Musk is all-in on the autonomous taxi project to reinvigorate the struggling electric automaker, reportedly at the cost of the…
Boeing Convicted: What Happens Next?
The Department of Justice announced on Sunday that Boeing will plead guilty to a single count of criminal fraud for deceiving the Federal Aviation Administration. The aircraft manufacturer admitted to misleading regulators about the 737 Max’s MCAS flight control feature and the training needed to fly the aircraft…
Elon Musk’s $5 Billion Monthly Loss in 2021 | Giga Gears
Good morning! It’s Friday, July 5, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know.