Tesla cut the price of its cars in China on Monday, according to Reuters, citing Tesla’s Chinese website. The change follows CEO Elon Musk’s comments during earnings last week that Tesla would miss its vehicle delivery target for 2022 following downward economic trends in China and Europe. The most basic version of Tesla’s Model Y and Model 3 are now listed at as much as a 9% discount, Reuters...
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Microsoft CEO Says AI ‘Vicious Cycle’ Will Boost Google; Meta and OpenAI’s Other Rivalry
CEOs often speak from both sides of their mouth, depending on who their audience is. On Monday, Microsoft CEO Satya Nadella painted a scary picture of how Google could multiply its power in the age of artificial intelligence. His doom and gloom comments, made before a federal judge in Washington, contrasted with an upbeat Nadella from February who said that Microsoft’s Bing search—then being...
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