We now have the details on the upcoming Staples Black Friday deals. This year the retailer is going to be running “two weeks of incredible savings” on everything from the usual Staples office supply gear right through to Apple products, PC laptops, hol...
Amazon is offering the EGO Power+ Nexus Portable Power Station with two 7.5Ah batteries for $837.85 shipped. Normally priced at $1,099, we’ve seen a few discounts drop over 2024, with minor falls above $1000 before July, at which point we’ve been seein...
Sony released a new “Play Has No Limits” ad for the PlayStation 5 on Tuesday to mark four years since its 2020 launch. No one would have thought twice about it, except that fans spotted a seemingly innocent but potentially telling split-second referenc...
Rockstar Games has released updates for each of the remastered Grand Theft Auto games included in the GTA Trilogy Definitive Edition collection that make these maligned versions play better, as well as making them look more like the original games rele...
Tesla was recently forced to recall every Cybertruck it’s ever built — all 3,878 of them — because the cover on the accelerator pedal could come loose, causing unintended acceleration. As it turns out, though, you don’t even need to be old enough to ge...
Tesla's AI training compute capacity increased by 130 percent in Q1 2024 alone. However, if Elon Musk's ambitions pan out, this capacity is heading for a nearly 500 percent increase through 2024. This is not accurate. Tesla would be second highest and X/xAI would be third if measured correctly. — Elon Musk (@elonmusk) April 8, 2024 We noted in a previous post that Tesla likely owns between 30,000 and 350,000 units of NVIDIA's H100 GPUs, based on Elon Musk's comments in the above X post. Today, as part of its Q1 2024 earnings deck, Tesla revealed that its AI training […]
Against a growing confluence of headwinds, including an erratic pricing strategy, the fate of the margin-critical Model 2, a growing dampener on global demand for EVs, and discord over a gigantic compensation package for its CEO, Tesla might well report its worst quarterly earnings in 7 years later today. Tesla (NASDAQ: TSLA) Q1 2024 Earnings This forwards my $TSLA estimates vs. consensus for 1Q earnings tomorrow. Non-GAAP EPS for Q1 2024:• $0.52 my estimate • $0.51 analyst consensus Bloomberg Auto gross margin excl. reg credits:• 15.4% my estimate (vs 17.2% in Q4 2023) and vs 15.9% consensus The swing #s… […]
A favorite pastime of Kotaku is spotting the new and ludicrous ways people have found to best super-tough games like Elden Ring. Whether using a harp or an ass, people are both incredible and incredibly inventive. It turns out, though, that not everyon...
Until recently, Elon Musk was widely considered Tesla's core strength. Yet, the mega-billionaire's penchant for delving head-first into needless controversies has gone quite a long way in dimming the appeal of this thesis. Look no further than Tesla's board, which has now dared to publicly criticize its famously incalcitrant CEO, albeit in an euphemistic manner, while still trying to retain his good graces. The Drama Elon Musk's 2018 Compensation Package Back in 2018, Tesla awarded Elon Musk one of the biggest compensation packages in American corporate history, worth around $56 billion. The package played a pivotal role in allowing Elon […]
Tesla appears to have abandoned its go-to strategy to juice demand by instituting margin-destroying price cuts and, instead, now seems bent on pairing cost-cutting measures with those that enhance its ancillary revenue streams. $TSLA CEO @elonmusk: "..we have done a thorough review of the organization and made the difficult decision to reduce our headcount by more than 10% globally. There is nothing I hate more, but it must be done. This will enable us to be lean, innovative & hungry for the next growth… pic.twitter.com/IkWPEb8c5b — The Transcript (@TheTranscript_) April 15, 2024 To wit, Electrek reported on Sunday that Tesla […]
Akin to a tongue-in-cheek iteration of "he loves me, he loves me not," Tesla's near-term narrative is currently being dominated by the following speculative reverie: "Will there be a Model 2, or will there not?" Reuters published a highly contentious report in early April, disclosing Tesla's apparent willingness to abandon its upcoming cheaper Model 2 in the face of serious competition from China. While Elon Musk quickly clamped down on the veracity of Reuters' reporting, this did not stop educated conjecture as to the fate of the $30,000 Model 2. The same day, in an apparent attempt to halt Tesla's […]
Tesla was recently forced to recall every Cybertruck it’s ever built — all 3,878 of them — because the cover on the accelerator pedal could come loose, causing unintended acceleration. As it turns out, though, you don’t even need to be old enough to ge...
Tesla's AI training compute capacity increased by 130 percent in Q1 2024 alone. However, if Elon Musk's ambitions pan out, this capacity is heading for a nearly 500 percent increase through 2024. This is not accurate. Tesla would be second highest and X/xAI would be third if measured correctly. — Elon Musk (@elonmusk) April 8, 2024 We noted in a previous post that Tesla likely owns between 30,000 and 350,000 units of NVIDIA's H100 GPUs, based on Elon Musk's comments in the above X post. Today, as part of its Q1 2024 earnings deck, Tesla revealed that its AI training […]
Against a growing confluence of headwinds, including an erratic pricing strategy, the fate of the margin-critical Model 2, a growing dampener on global demand for EVs, and discord over a gigantic compensation package for its CEO, Tesla might well report its worst quarterly earnings in 7 years later today. Tesla (NASDAQ: TSLA) Q1 2024 Earnings This forwards my $TSLA estimates vs. consensus for 1Q earnings tomorrow. Non-GAAP EPS for Q1 2024:• $0.52 my estimate • $0.51 analyst consensus Bloomberg Auto gross margin excl. reg credits:• 15.4% my estimate (vs 17.2% in Q4 2023) and vs 15.9% consensus The swing #s… […]
A favorite pastime of Kotaku is spotting the new and ludicrous ways people have found to best super-tough games like Elden Ring. Whether using a harp or an ass, people are both incredible and incredibly inventive. It turns out, though, that not everyon...
Until recently, Elon Musk was widely considered Tesla's core strength. Yet, the mega-billionaire's penchant for delving head-first into needless controversies has gone quite a long way in dimming the appeal of this thesis. Look no further than Tesla's board, which has now dared to publicly criticize its famously incalcitrant CEO, albeit in an euphemistic manner, while still trying to retain his good graces. The Drama Elon Musk's 2018 Compensation Package Back in 2018, Tesla awarded Elon Musk one of the biggest compensation packages in American corporate history, worth around $56 billion. The package played a pivotal role in allowing Elon […]
Tesla appears to have abandoned its go-to strategy to juice demand by instituting margin-destroying price cuts and, instead, now seems bent on pairing cost-cutting measures with those that enhance its ancillary revenue streams. $TSLA CEO @elonmusk: "..we have done a thorough review of the organization and made the difficult decision to reduce our headcount by more than 10% globally. There is nothing I hate more, but it must be done. This will enable us to be lean, innovative & hungry for the next growth… pic.twitter.com/IkWPEb8c5b — The Transcript (@TheTranscript_) April 15, 2024 To wit, Electrek reported on Sunday that Tesla […]
Akin to a tongue-in-cheek iteration of "he loves me, he loves me not," Tesla's near-term narrative is currently being dominated by the following speculative reverie: "Will there be a Model 2, or will there not?" Reuters published a highly contentious report in early April, disclosing Tesla's apparent willingness to abandon its upcoming cheaper Model 2 in the face of serious competition from China. While Elon Musk quickly clamped down on the veracity of Reuters' reporting, this did not stop educated conjecture as to the fate of the $30,000 Model 2. The same day, in an apparent attempt to halt Tesla's […]