Tag: uncategorized
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Everything to Know About Rivian, the Next Electric Vehicle Darling
This week, electric vehicle maker Rivian is expected to throw its hat in the ring with a major IPO that could affect both the EV landscape and the way the world’s largest online retailer gets its packages to your door. Rivian has already raised around $11 billion in private capital, with the majority arriving in…
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Elon Musk Asks Twitter If He Should Sell 10% of His Tesla Stock
Elon Musk proposed selling 10% of his Tesla Inc. stock on Twitter Saturday, and took a poll of people on the social network to see if they supported it. Musk said he would “abide by the results of this poll, whichever way it goes.” The amount of stock in play is valued at about $21…
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Elon Musk ‘Emphasizes’ That the Hertz Deal Has Not Been Signed
Elon Musk said Tesla Inc. hasn’t yet signed a contract with Hertz Global Holdings Inc., despite the car rental company last week announcing a record order for 100,000 Model 3 sedans for $4.2 billion. Musk was replying to a tweet from an account named Tesla Silicon Valley Club, which showed a chart of Tesla’s rising…
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Clubhouse CEO Says the Once-Hot Startup Grew ‘Way Too Fast’
Clubhouse, the audio-only app designed to be a virtual conference hall, generated heavy buzz during the peak of the pandemic and received a $4 billion valuation earlier this year. In the months since then, that excitement seems to have cooled. The red-hot start may have been a drawback, Clubhouse Chief Executive Officer Paul Davison said…
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More Vaccine-Hesitant Hongkongers Are Finally Signing Up for COVID-19 Shots. Is It Because of the Give-Aways, or the Outbreak Nearby?
For months, Hong Kong’s leaders have fretted about the city’s low COVID-19 vaccination rates. Despite vaccines being plentiful, free and available to anyone who wants one at a slew community health centers, just 18% of the city’s 7.5 million people chose to get a shot between February and the end of May. But, there are…
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Why Jeff Bezos Should Be Applauded for Going to Space
Give Jeff Bezos this: the guy knows how to make the most out of semi-retirement. On July 5, the richest man in the world will step down as Amazon CEO to focus more of his energy on his two other major properties: The Washington Post and Blue Origin, a rocket company and SpaceX rival. On…
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Every Company is a Tech Company Now. The Disruption is Just Beginning
In March 2020, as businesses across the world sent non-essential workers home to slow the spread of the coronavirus, a 2.6 million-sq.-ft. General Motors plant in Kokomo, Ind., sat idle. At the same time, ventilators—the breathing machines essential to keeping critically ill COVID-19 patients alive—were in frighteningly short supply. And so within a week of…
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7 HARSH Truths You MUST Accept to Succeed in Dating
Have you ever wondered why most individuals don’t even get to the success they desire? Whether it really is in relationship, career, finances, etc.. …They wind up settlingand comprehend it’s alright. Not many people truly hit their stride, attain, and maintain high levels of succeeding in relationship and different places. Therefore, what sets these people…
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Electric Cars Can Sound Like Anything. That’s a Huge Opportunity to Craft the Soundscape of the Future
Pulling Ford’s new all-electric Mustang Mach-E out of a Brooklyn garage late this winter, I felt a little duped. It seemed more like I was driving a giant motorized iPad than the electrified successor to an iconic American muscle car. Just a few weeks earlier, the company’s sound designers told me about the lengths to…
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Tesla Revenue and Production Statistics for 2021
Tesla was incorporated as an electric vehicle manufacturer in July 2003. Initially, the company faced significant difficulties when it came to developing technology, producing prototypes, and scaling manufacturing. Elon Musk joined the company as chairman in 2004. Early on, he stated that Tesla had just a 10% chance of success. Despite the major hurdles encountered,…