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As the global chip crunch continued, Tesla’s stock price fell after remaining silent on the results of the first quarter

Tesla’s (TSLA.O) share price fell more than 4% on Tuesday because its first-quarter earnings report failed to alleviate investors’ concerns about its noble assessment and the continued increase in global chip shortages and increased competition. The electric car manufacturer’s quarterly revenue almost exceeded expectations, mainly relying on environmental credit lines sold to other automakers and the liquidation of 10% of …

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Lyft sells its self-driving car division to a Toyota subsidiary

The two companies announced on Monday that Lyft will sell its self-driving car unit to Woven Planet, a subsidiary of Toyota, for $550 million in cash. After the market, Lyft’s stock price rose by more than 2%. According to the news, as part of the transaction, Lyft and Woven Planet will work together to improve the safety of autonomous driving …

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The first NFL player to convert his full salary in 2021 to Bitcoin

Alex Dovbnya Sean Culkin becomes the first NFL player to convert his full annual salary into Bitcoin The Kansas City Stars reported that Sean Culkin, a Kansas City Chiefs player, has become the first player in the American Football League, and his full annual salary will be paid in Bitcoin. Culkin announced the news via Twitter, claiming that he “fully” …

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Anthony Fauci is vague about Republican Senator’s vaccine suspicion

The nation’s largest infectious disease expert, Dr. Anthony Fauci, dismissed Senator Ron Johnson’s question on the COVID-19 vaccine last Friday-citing the terrible death toll of Republicans in Wisconsin to combat this statement. Johnson this week expressed doubts about the efficacy of these vaccines, the rapid approval and the need for mass vaccination of Americans. “Well, there is a good reason …

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Tesla just bundles solar products and Powerwall together

Elon Musk announced that Tesla will bundle its solar products, solar roof and solar panels, and launch the Powerwall home battery pack. Starting next week, you will not be able to purchase products without other products. Last month, Electrek reported exclusively that Tesla will stop accepting orders for Powerwall without solar panels or solar roofs. Powerwall has become very popular. …

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Intuitive surgical vault revenue exceeds 100 billion U.S. dollars

TipRanks Wei Lai: Analysts said that despite the shortage of chips, delivery this year may double Chinese electric vehicle company NIO (NIO) will release its first-quarter earnings report on April 29. Mizuho Securities analyst Vijay Rakesh expressed optimism, rating the stock as “buy” with a target price of $60. (To view Rakesh’s history, click here.) As the analyst suggested in …

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South by Southwest Stake was sold to the owner of Rolling Stone to keep the festival alive

People familiar with the matter said that magazine publishers like Rolling Stone, Billboard and Variety Magazine, Penske Media Corp. agreed to acquire Southwest’s 50% stake in the famous technology, music and film festivals. Texas holiday is one of the largest and most famous holiday in the United States. Due to the outbreak of the coronavirus pandemic, it was cancelled by …

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How did cancer prevent me from joining the Amazon union

Darryl Richardson voted for the league. But when he tried to persuade others, he realized that Amazon’s messaging was effective: “They were worried that health care would be cancelled. That’s why many people voted against unions. We got the results now because they Threatening them, benefits and wages will fall.” Source link

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FDA cancels emergency authorization for COVID-19 antibody treatment bamlanivimab

The U.S. Food and Drug Administration (FDA) cancelled the emergency use authorization of its monoclonal antibody bamlanivimab, which was used alone as a treatment against COVID-19 due to the resistance of the variant to the therapy. After Eli Lilly asked the FDA to revoke the emergency authorization, the federal agency announced the cancellation of COVID-19 treatment that only contained bamlanivimab, …

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