Headlines

Meta’s Metaverse is still losing the company billions

Mark Zuckerberg’s gleeful rebrand of Facebook as Meta in 2021 has become a well documented blunder. What was promised — a virtual reality where we hold company meetings or visit far-away family members — has yet to be delivered, and many media outlets have proclaimed Meta’s

Tesla CEO Elon Musk needs robots — and fast

It’s a classic Elon Musk move. Tesla released some pretty grim first-quarter numbers on Tuesday, showing that net income dropped more than 50% from last year. During the earnings call, however, Musk floated his “new” vision for the electric car company. Tesla is now focused on

Volkswagen is going all-in on China

Volkswagen aims to launch dozens of new cars — including several electric models — in China by 2030 as part of an ambitious plan to conquer more of the world’s largest auto market. Read more...

The Dow falls as Tesla rally can't sustain the market

Investors had a mixed experience on Wednesday as Tesla’s rally couldn’t drive the stock market for long. The EV maker’s stock was among the best performers on the S&P 500, gaining over 12% by the end of the day. Despite the biggest revenue drop in 12 years, shares rose