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Tesla's Mexico Plant Plans Shift: Musk Responds to Trump's Tariff Policy, Lopez Counters with "Not Serious" Claim
Tesla's Mexico Plant Plans Shift: Musk Responds to Trump's Tariff Policy, Lopez Counters with "Not Serious" ClaimElon Musk, CEO of American electric vehicle manufacturer Tesla, recently announced that the company will pause its plans to build a new factory in Mexico. He stated that Tesla will re-evaluate its decision to invest in building a Gigafactory in Mexico after the US presidential election...
Industry dynamics 2024-08-04 10:16:37 -
OpenAI: A Money-Burning Giant, Profitability Remains Elusive
OpenAI: A Money-Burning Giant, Profitability Remains ElusiveAs the developer of ChatGPT, OpenAI has quickly become one of the fastest-growing companies in history, but it also faces immense operating cost pressure. According to internal financial data and industry analysts, OpenAI could lose up to $5 billion this year...
Industry dynamics 2024-08-04 10:16:14 -
Honor Game Assistant Receives Major Update: Bullet Screen Notifications Arrive
Honor Game Assistant Receives Major Update: Bullet Screen Notifications ArriveHonor recently launched a public beta testing event for its Game Assistant App version 18.0...
Mobile Internet 2024-08-04 10:11:41 -
ZLXT Tech Obtains Patent for "Cross-Modal Data Joint Management Method Based on Blockchain"
ZLXT Tech Obtains Patent for "Cross-Modal Data Joint Management Method Based on Blockchain"On July 31, 2024, according to Tianyancha intellectual property information, ZLXT Technology Co., Ltd...
Blockchain 2024-08-04 10:10:22 -
Risk Aversion Intensifies, Bitcoin Stages a Rollercoaster Ride: Dips Below $63,000 Before Rebound, Over 100,000 Liquidations
Risk Aversion Intensifies, Bitcoin Stages a Rollercoaster Ride: Dips Below $63,000 Before Rebound, Over 100,000 LiquidationsAmidst heightened global tensions, risk assets have faced a sell-off, and Bitcoin has not been spared. In the past 24 hours, Bitcoin's price plummeted from $66,700 to below $63,000, representing a decline of nearly 3%...
Blockchain 2024-08-04 10:08:26 -
Morgan Stanley Takes the Lead in Embracing Bitcoin ETFs, Offering New Investment Options for Clients
Morgan Stanley Takes the Lead in Embracing Bitcoin ETFs, Offering New Investment Options for ClientsAmong traditional financial institutions on Wall Street, Morgan Stanley is the first to open investment channels for Bitcoin exchange-traded funds (ETFs) to its clients. On Friday, August 2nd, the global wealth management giant announced that starting August 7th, its approximately 15,000 financial advisors will be authorized to recommend Bitcoin ETFs to eligible clients...
Blockchain 2024-08-04 10:08:02 -
RenDong Holdings Receives Patent for Digital Currency Identity Credentials, Empowering Secure Transactions
RenDong Holdings Receives Patent for Digital Currency Identity Credentials, Empowering Secure TransactionsOn July 23, 2024, according to Tianyancha information, RenDong Holdings Co., Ltd...
Blockchain 2024-08-04 10:06:06 -
Apple's Third Quarter Revenue Up 4.9% Year-Over-Year, iPhone Sales Decline Slightly But Beat Expectations
Apple's Third Quarter Revenue Up 4.9% Year-Over-Year, iPhone Sales Decline Slightly But Beat ExpectationsAfter the US market closed on Thursday, Apple announced its financial results for the third quarter of fiscal year 2024, ending June 29...
Industry dynamics 2024-08-02 18:17:56 -
Tesla's California Sales Decline for Third Consecutive Quarter, Market Share Continues to Shrink
Tesla's California Sales Decline for Third Consecutive Quarter, Market Share Continues to ShrinkA recent report released by the California New Car Dealers Association (CNCDA) reveals that Tesla's sales in California declined by 24% year-over-year in the second quarter of this year, marking its third consecutive quarterly sales drop in the state. Although the Model Y remains the best-selling car in California, Tesla's market share in the state continues to shrink...
Industry dynamics 2024-08-02 17:50:56 -
EU Imposes Tariffs on Chinese Electric Vehicles, NIO Warns of Potential Price Hikes
EU Imposes Tariffs on Chinese Electric Vehicles, NIO Warns of Potential Price HikesOn July 5th, the European Union (EU) officially announced tariffs on electric vehicles imported from China, ranging from 17.4% to 37...
Industry dynamics 2024-07-16 15:30:41 -
Musk's xAI Abandons $10 Billion Server Deal with Oracle, Vows to Build World's Most Powerful Training Cluster
Musk's xAI Abandons $10 Billion Server Deal with Oracle, Vows to Build World's Most Powerful Training ClusterOn July 10, reports surfaced that billionaire Elon Musk's artificial intelligence startup, xAI, has ended negotiations with Oracle for a $10 billion server agreement. xAI had been renting NVIDIA's AI chips from Oracle and sought to expand the existing deal...
Industry dynamics 2024-07-16 15:29:50 -
Microsoft exits OpenAI board observer seat: Regulatory concerns receding?
Microsoft exits OpenAI board observer seat: Regulatory concerns receding?On July 10, Microsoft announced that it is relinquishing its observer seat on OpenAI's board. The move has sparked widespread attention, especially considering Microsoft's substantial investment in OpenAI and the previous antitrust concerns surrounding the observer seat...
Industry dynamics 2024-07-16 15:25:08
