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Tesla is reportedly behind on its pledge to build 5,000 Optimus bots this year

techcrunch.com Rebecca Bellan 2025-12-31 10:14:19

In Brief Tesla is well behind the pace needed to meet its earlier stated goal of producing at least 5,000 Optimus humanoid robots this year, The Information reports. Nearly eight months into 2025, and the number of bots Tesla has produced is only in the hundreds, according to two sources. That means Tesla will either need to step it up or push back the deadline. The news comes after Tesla reported a 12% decline in overall revenue in the second quarter, due to falling EV sales, less cash from r

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Teens Are Using AI to "Get Out of Thinking"

futurism.com Unknown 2025-12-31 15:28:10

An alarming proportion of teenagers are turning to AI chatbots to not just help them with tasks like homework, but to act as their friends. And even that may not tell the full story. According to one high schooler contemplating the technology's effects on her generation, her peers are increasingly using the tech to handle anything they would have previously used their brains for. "Everyone uses AI for everything now. It's really taking over," Kayla Chege, a 15-year-old sophomore honors student

Topics: ai chatbots old told year

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Intel is laying off 24,000 employees and retreating from some countries

theverge.com Sean Hollister 2025-12-31 12:29:28

is a senior editor and founding member of The Verge who covers gadgets, games, and toys. He spent 15 years editing the likes of CNET, Gizmodo, and Engadget. In April, Intel attempted to announce layoffs without announcing layoffs. “We have not set any headcount reduction target,” Intel spokesperson Sophie Metzger told The Verge. But the company has laid off thousands of employees since — and today, in the company’s Q2 2025 earnings, it has revealed that Intel will dramatically shrink as a resul

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The 47 Best Shows on Hulu Right Now (August 2025)

wired.com Jennifer M. Wood 2025-12-30 02:00:00

While Netflix seemingly led the way for other streaming networks to create compelling original programming, Hulu actually beat them all to the punch. In 2011, a year before Netflix’s Lilyhammer and two years before the arrival of House of Cards, the burgeoning streamer premiered The Morning After, a pop-culture-focused news show that ran for 800 episodes over three years. Hulu has continued to make TV history in the years since, most notably in 2017 when it became the first streamer to win an E

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Intel reveals it will shed 24,000 employees this year and retreat in Germany, Poland, and Costa Rica

theverge.com Sean Hollister 2026-01-01 18:29:28

is a senior editor and founding member of The Verge who covers gadgets, games, and toys. He spent 15 years editing the likes of CNET, Gizmodo, and Engadget. In April, Intel attempted to announce layoffs without announcing layoffs. “We have not set any headcount reduction target,” Intel spokesperson Sophie Metzger told The Verge. But the company has laid off thousands of employees since — and today, in the company’s Q2 2025 earnings, it has revealed that Intel will dramatically shrink as a resul

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Tesla's stock plunges 8% after another weak quarter for auto sales

cnbc.com Arjun Kharpal Lora Kolodny 2026-01-02 00:04:24

In this article TSLA Follow your favorite stocks CREATE FREE ACCOUNT Elon Musk, during a news conference with President Donald Trump, inside the Oval Office at the White House in Washington on May 30, 2025. Tom Brenner | The Washington Post | Getty Images Tesla shares fell 8% Thursday after the company reported a second straight quarter of declining auto sales, and CEO Elon Musk told analysts that there could be a "few rough quarters" ahead due to the expiration of federal electric vehicle tax

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Intel reveals it will lose 33,000 employees this year and retreat in Germany, Poland, and Costa Rica

theverge.com Sean Hollister 2026-01-02 00:29:28

is a senior editor and founding member of The Verge who covers gadgets, games, and toys. He spent 15 years editing the likes of CNET, Gizmodo, and Engadget. In April, Intel attempted to announce layoffs without announcing layoffs. “We have not set any headcount reduction target,” Intel spokesperson Sophie Metzger told The Verge. But the company has laid off thousands of employees since — and today, in the company’s Q2 2025 earnings, it has revealed that Intel will dramatically shrink as a resul

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Tesla dumped 75% of its bitcoin at one of the worst times, losing out on billions

cnbc.com Ari Levy 2026-01-02 05:51:18

In this article TSLA BTC.CM= Follow your favorite stocks CREATE FREE ACCOUNT Thiago Prudencio | LightRocket | Getty Images Tesla missed on the top and bottom lines in the second quarter, but another miss was buried in its investor deck The company's digital assets are currently valued at $1.24 billion. That's up substantially from $722 million a year ago. But anyone who's been following the crypto market knows that the figure represents a lost opportunity amounting to billions of dollars in m

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Elon Admits That Tesla Is in for a World of Hurt

futurism.com Unknown 2026-01-02 15:27:35

The ordeal isn't over yet for Tesla or its investors, according to CEO Elon Musk, as it misses heaps of Wall Street targets in its latest earnings report. "We probably could have a few rough quarters," Musk said in a conference call on Wednesday, as quoted by the Financial Times. If past is prelude, he could be onto something. In the second quarter, between April and June of this year, Tesla raked in just $1.2 billion in net income, when during that same period last year it made $1.4 billion.

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Mortgage Predictions: With Fed Cuts on Hold, Where Do Rates Go From Here?

cnet.com See Full Bio 2026-01-02 12:50:00

Buyers should keep an eye on the possibility of rate cuts in the next few months. Tharon Green/CNET The average rate for a 30-year fixed mortgage seems poised to hold near 6.75% for the rest of the year. Yet significant economic uncertainties could still push rates up or down in the coming months. Housing market experts consistently point to two major influences: the economic ramifications of the Trump administration's policies and the Federal Reserve's pace of interest rate cuts. On July 29-

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Tesla's stock plunges 9% after another weak quarter for auto sales

cnbc.com Arjun Kharpal Lora Kolodny 2026-01-03 00:59:08

In this article TSLA Follow your favorite stocks CREATE FREE ACCOUNT Elon Musk, during a news conference with President Donald Trump, inside the Oval Office at the White House in Washington on May 30, 2025. Tom Brenner | The Washington Post | Getty Images Tesla shares fell 9% Thursday after the company reported a second straight quarter of declining auto sales, and CEO Elon Musk told analysts that there could be a "few rough quarters" ahead due to the expiration of federal electric vehicle tax

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1Password subscriptions are half off for the back to school season

engadget.com Unknown 2026-01-03 00:08:17

Engadget has been testing and reviewing consumer tech since 2004. Our stories may include affiliate links; if you buy something through a link, we may earn a commission. Read more about how we evaluate products . That brings the price of the Individual plan down to $18 for a year. 1Password is running a notable back-to-school sale in the middle of July, but the deals more than make up for the chronological discrepancy. Many subscription plans are half off until September 12. This includes the

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Amazon introduces a more affordable color screen Kindle

techcrunch.com Sarah Perez 2026-01-03 00:50:17

Amazon is making its color screen Kindle more affordable. Following the launch of the Kindle Colorsoft last year, the retailer on Thursday introduced a lower-cost version of the normally $279.99 device. The new device offers a $30 discount for 16GB of storage instead of 32GB, bringing the cost down to $249.99. A kids edition is also now available. The original 7-inch Kindle Colorsoft Signature Edition was designed to bring a more engaging visual experience to the popular Kindle e-reader, ideal

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Yet another bad three months as Tesla reports its Q2 2025 results

news.ycombinator.com Unknown 2026-01-03 05:13:50

Tesla posted its financial results for the second quarter of 2025 this afternoon. The numbers show yet another bad three months for the automaker. As competition in the EV marketplace has exploded, Tesla has increasingly been left behind, with a small and aging model lineup, before we even contemplate how CEO Elon Musk has tarnished what was once the hottest brand in the car world. Earlier this month, we learned that sales dropped by 13 percent year over year in Q2 2025; today, the financials sh

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Tesla shares drop 8% after auto sales plunge again

cnbc.com Arjun Kharpal 2026-01-03 10:47:11

In this article TSLA Follow your favorite stocks CREATE FREE ACCOUNT watch now Tesla shares fell 8% Thursday after the company reported a second straight quarter of declining auto sales. Elon Musk's electric vehicle maker reported a top and bottom line miss on second-quarter results, noting that automotive revenue fell 16% year-on-year to $16.7 billion. On an earnings call, Musk said Tesla "probably could have a few rough quarters" ahead as a result of the expiration of federal electric vehicl

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Tesla shares drop 6% in premarket trading after auto sales plunge again

cnbc.com Arjun Kharpal 2026-01-04 02:45:04

Elon Musk, during a news conference with President Donald Trump, inside the Oval Office at the White House in Washington on May 30, 2025. Tesla shares fell 6% in premarket trading on Thursday after the company reported a second straight quarter of declining automotive sales. Elon Musk's electric carmaker reported a top and bottom line miss on second-quarter results, noting that automotive revenue fell 16% year-on-year to $16.7 billion. On an earnings call, Musk said Tesla "probably could have

Topics: electric musk tesla thursday year

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Estonia's tech elite are getting behind a European challenger to Robinhood

cnbc.com Ryan Browne 2026-01-04 00:13:19

Some of the biggest names of Estonia's tech scene are backing Lightyear, a startup looking to become Europe's answer to commission-free trading pioneer Robinhood . Based in London, Lightyear develops an app that lets users invest in a range of over 5,000 stocks, exchange-traded funds and money market funds. It was founded by two former Wise employees, Martin Sokk and Mihkel Aamer, in 2021. The company is set to announce later on Thursday that it has raised $23 million in a new round of funding

Topics: estonia europe investors lightyear million

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YouTube sees a rise in ad revenue to reach nearly $10B

techcrunch.com Lauren Forristal 2026-01-03 16:02:57

YouTube continues to lead in the streaming market, with advertising revenue increasing by 13% year over year, according to Alphabet, Google’s parent company, in its second-quarter earnings report released on Wednesday. This growth brings YouTube’s total ad revenue to $9.8 billion, up from $8.7 billion in the same period last year. The company slightly exceeded analyst expectations, which had forecast YouTube’s Q2 ad revenue to be around $9.6 billion. For years, YouTube has been striving to cap

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Yet another bad three months as Tesla reports its Q2 2025 results

arstechnica.com Unknown 2026-01-04 03:11:18

Tesla posted its financial results for the second quarter of 2025 this afternoon. The numbers show yet another bad three months for the automaker. As competition in the EV marketplace has exploded, Tesla has increasingly been left behind, with a small and aging model lineup, before we even contemplate how CEO Elon Musk has tarnished what was once the hottest brand in the car world. Earlier this month, we learned that sales dropped by 13 percent year over year in Q2 2025; today, the financials sh

Topics: 2025 company percent tesla year

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YouTube sees a rise in ad revenue to reach nearly $10 billion

techcrunch.com Lauren Forristal 2026-01-04 10:02:57

YouTube continues to lead in the streaming market, with advertising revenue increasing by 13% year over year, according to Alphabet, Google’s parent company, in its second-quarter earnings report released on Wednesday. This growth brings YouTube’s total ad revenue to $9.8 billion, up from $8.7 billion in the same period last year. The company slightly exceeded analyst expectations, which had forecast YouTube’s Q2 ad revenue to be around $9.6 billion. For years, YouTube has been striving to cap

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Alphabet beats earnings expectations, raises spending forecast

cnbc.com Jennifer Elias 2026-01-04 20:58:14

Google CEO Sundar Pichai gestures to the crowd during Google's annual I/O developers conference in Mountain View, California on May 20, 2025. Alphabet reported second-quarter results on Wednesday that beat on revenue and earnings, but the company said it would raise its capital investments by $10 billion in 2025. Shares of the company were up slightly in after hours trading. Here's how the company did, compared with estimates from analysts polled by LSEG: Revenue: $96.43 billion vs. $94 bill

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Tesla reports sales miss as auto revenue drops for second straight quarter

cnbc.com Lora Kolodny 2026-01-04 20:50:59

Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023. Tesla's slump this year is partly due to a backlash against the company in the U.S. and Europe, after CEO Elon Musk spent heavily to help reelect President Donald Trump , endorsed Germany's extreme anti-immigrant AfD party, and then led the Trump administration's Department of Government Efficiency. At DOGE, Musk helped to slash the federal workforce

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Tesla’s earnings hit a new low, with largest revenue drop in years

theverge.com Andrew J. Hawkins 2026-01-04 20:20:40

is transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and City & State. Tesla released its second quarter financial earnings today, offering the latest evidence of the damage Elon Musk’s political activities have done to his flagship company. Tesla said it earned $1.17 billion in net income on $22.5 billion in revenue. That’s above Wall Street expectations of $22.3 billion but represents a 12

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Tesla profits pulled down by falling EV sales and regulatory credits

techcrunch.com Kirsten Korosec 2026-01-04 20:48:04

Falling EV sales combined with a lower average selling price, less revenue from regulatory credits, and a decline in solar and energy storage revenue took a toll on Tesla’s bottom line during the second quarter of 2025. And a 17% growth in revenue in its services business, which includes cash generated from its Supercharging network, wasn’t enough to close the gap. The company reported Wednesday revenue of $22.5 billion, a 12% decline from the same period last year. The company’s second quarter

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Apple TV+ might have just beaten HBO at its own game

9to5mac.com Ryan Christoffel 2026-01-05 00:42:23

During its nearly six years on the market, Apple TV+ has been referred to by some as “the new HBO.” But this year might be when Apple has truly started to prove that claim. Here’s why. Emmy nominations show Apple TV+ ahead in quality, while HBO boasts higher quantity Whatever your opinion of Apple TV+, it’s hard to dispute that 2025 has been an especially good year for the streamer. Apple TV+ has achieved new levels of both mainstream awareness and critical success. It’s putting out consisten

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Employee – CEO pay gap historically wide

news.ycombinator.com Tami Luhby 2026-01-04 23:41:28

Labor unions Taxes Pay & income See all topics Follow The pay gap between America’s corporate leaders and their workers grew even larger in 2024, according to the AFL-CIO’s annual Executive Paywatch report, released Wednesday. CEOs at the nation’s 500 largest public companies took home $18.9 million last year, or 285 times as much as the typical US worker’s paycheck of $49,500. That’s up from a ratio of 268 to 1 a year earlier, according to the AFL-CIO, a powerful federation of labor unions re

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Tesla set to report second-quarter earnings after the bell

cnbc.com Lora Kolodny 2026-01-05 15:00:09

Elon Musk, chief executive officer of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris, June 16, 2023. Tesla will report second-quarter results after the close of regular trading on Wednesday. Here's what Wall Street expects, according to an average of estimates compiled by LSEG: Earnings per share : 43 cents : 43 cents Revenue: $22.74 billion Revenue in the period is expected to drop 11% from a year earlier, marking a second str

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Peacock's New Subscription Pricing Is Here. Here's What to Know

cnet.com See Full Bio 2026-01-06 00:29:07

If you've been waiting to sign up for Peacock to binge Love Island, the streaming service will now cost more for new or returning subscribers. Pricing goes up on its monthly and annual plans beginning July 23, and will increase in August for current subscribers. With a bump of $3 more each month for Peacock Premium and Peacock Premium Plus, the rates are going from $8 to $11 for the ad-based option, and from $14 to $17 for the ad-free version. For the yearly plan, the price is up from $80 a yea

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It Looks Like the Tesla Model Y Refresh Has Bombed

wired.com Carlton Reid 2026-01-06 20:00:00

Despite Elon Musk stepping away from his DOGE activities, Tesla’s sales have continued to slide. No doubt Musk hoped that the release earlier this year of the refreshed Model Y would help reverse these fortunes; however, describing the six-year-old midsize crossover EV as “new” appears not to have attracted as many buyers as Tesla anticipated. Model Y is crucial for Musk; it accounts for roughly two-thirds of Tesla's global sales (though this fluctuates). Last year, however, according to JATO D

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The Must-Have Exclusives From San Diego Comic-Con 2025

gizmodo.com James Whitbrook 2026-01-07 05:30:44

In just a couple more days, pop culture will descend on the San Diego Convention Center as SDCC prepares to dazzle us for another year (if everyone didn’t stop releasing their trailers before their panels, that is). But of course, among all the big news and astonishing cosplay, there’s going to be tons of fantastic merch to get your hands on exclusive to Comic-Con. Here’s our guide to some of the absolute coolest on offer. 100% Soft Galactus Vinyl SDCC is taking place during Fantastic Four: Fi

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Latest Tech News

Tesla is reportedly behind on its pledge to build 5,000 Optimus bots this year

Teens Are Using AI to "Get Out of Thinking"

Intel is laying off 24,000 employees and retreating from some countries

The 47 Best Shows on Hulu Right Now (August 2025)

Intel reveals it will shed 24,000 employees this year and retreat in Germany, Poland, and Costa Rica

Tesla's stock plunges 8% after another weak quarter for auto sales

Intel reveals it will lose 33,000 employees this year and retreat in Germany, Poland, and Costa Rica

Tesla dumped 75% of its bitcoin at one of the worst times, losing out on billions

Elon Admits That Tesla Is in for a World of Hurt

Mortgage Predictions: With Fed Cuts on Hold, Where Do Rates Go From Here?

Tesla's stock plunges 9% after another weak quarter for auto sales

1Password subscriptions are half off for the back to school season

Amazon introduces a more affordable color screen Kindle

Yet another bad three months as Tesla reports its Q2 2025 results

Tesla shares drop 8% after auto sales plunge again

Tesla shares drop 6% in premarket trading after auto sales plunge again

Estonia's tech elite are getting behind a European challenger to Robinhood

YouTube sees a rise in ad revenue to reach nearly $10B

Yet another bad three months as Tesla reports its Q2 2025 results

YouTube sees a rise in ad revenue to reach nearly $10 billion

Alphabet beats earnings expectations, raises spending forecast

Tesla reports sales miss as auto revenue drops for second straight quarter

Tesla’s earnings hit a new low, with largest revenue drop in years

Tesla profits pulled down by falling EV sales and regulatory credits

Apple TV+ might have just beaten HBO at its own game

Employee – CEO pay gap historically wide

Tesla set to report second-quarter earnings after the bell

Peacock's New Subscription Pricing Is Here. Here's What to Know

It Looks Like the Tesla Model Y Refresh Has Bombed

The Must-Have Exclusives From San Diego Comic-Con 2025

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