CrowdStrike tumbles Republican representatives have called on CrowdStrike CEO George Kurtz to testify before the House Committee on Homeland Security, following a faulty software update that crashed millions of Microsoft Windows devices. Rep. Mark Green and Rep. Andrew Garbarino said the incident was a “warning about the national security risks associated with network dependency,” according to a letter issued on Monday. CrowdStrike shares slumped 13%. Reeling from the...
Wall Street expects$Tesla(TSLA.US)$'s Q2 revenue to dip slightly year-over-year, with earnings per share declining by approximately 30%. Market attention will focus on updates about the budget-friendly Model 2, Robotaxi launch timelines, and adoption rates of FSD technology. Goldman Sachs noted that investors are more concerned about Tesla's "AI narrative" than electric vehicles. A survey re...
$Tesla(TSLA.US)$began offering a 0-interest loan incentive in China in April to spur sales, saying at the time that customers who get deliveries by June 30 would be eligible for the offer. The US electric vehicle (EV) maker announced on July 1 on Weibo that the offer was extended to July 31. Under the 5-year 0 percent interest loan offer, the cost for customers to buy a Model Y is equivalent to RMB 95 per day, and Mod...
Following President Biden's announcement of withdrawal from the presidential race, stocks expected to benefit from a "Democratic victory," such as renewable energy, solar companies, electric vehicle manufacturers, and cannabis stocks, began to rise. Meanwhile, "Trump trades" like oil and gas, financials, and healthcare stocks began to cool. Analysts suggest that if Harris becomes president, she may adopt more ag...
$Tesla(TSLA.US)$$BYD COMPANY(01211.HK)$$NIO Inc(NIO.US)$$XPeng(XPEV.US)$Freda's article also mentioned other things like software application, fun hardware and Chinese EV penetration rate etc but I'll just focus on L2 self-driving and robotaxi vehicles. Here is the summary: 1) She tested L2 self-driving of major brands like Huawei, Li Auto, NIO, Xpeng, and Xiaomi and they exceeded expectations overall. The rides were not overly c...
Republican representatives have called on CrowdStrike CEO George Kurtz to testify before the House Committee on Homeland Security, following a faulty software update that crashed millions of Microsoft Windows devices. Rep. Mark Green and Rep. Andrew Garbarino said the incident was a “warning about the national security risks associated with network dependency,” according to a letter issued on Monday.
CrowdStrike shares slumped 13%. Reeling from the...
Prepare for the worse, then prepare some more.
Goldman Sachs noted that investors are more concerned about Tesla's "AI narrative" than electric vehicles. A survey re...
The US electric vehicle (EV) maker announced on July 1 on Weibo that the offer was extended to July 31.
Under the 5-year 0 percent interest loan offer, the cost for customers to buy a Model Y is equivalent to RMB 95 per day, and Mod...
1) She tested L2 self-driving of major brands like Huawei, Li Auto, NIO, Xpeng, and Xiaomi and they exceeded expectations overall. The rides were not overly c...
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