Microsoft-backed OpenAI expands to Tokyo, Japan to engage with regional businesses and develop AI solutions. Japan invests in AI despite lagging behind in tech.
The layoff aims to reduce costs and eliminate the duplication of roles and job functions, Electrek reported, citing a company-wide mail sent by CEO Elon Musk.
Future Fund's Gary Black expressed optimism about Rivian in 2021, even at a $70 billion market cap, expecting them to produce 150,000 EVs annually by 2024 with $10 billion in revenue.
As per the research company, Tesla sold 140,187 electric vehicles in the U.S. last quarter, marking a 13.3% drop from the 161,630 vehicles sold in the corresponding quarter of 2023.