Tesla EV deliveries fall nearly 18% in second quarter following China factory shutdown
Tesla delivered 254,695 electric vehicles globally in the second quarter, a nearly 18% drop from the previous period as supply chain constraints, China’s extended COVID-19 lockdown and challenges around opening factories in Berlin and Austin took their toll on the company. This is the first t…
The future of non-fungible tokens is getting more clarity in China as the country’s tech giants come together to formulate standards for the nascent industry. The China Cultural Industry Association, along with Tencent, Ant Group, Baidu, and others, jointly issued a “self-disciplined de…
FCC Commissioner writes to Apple and Google about removing TikTok
FCC Commissioner Brendan Carr wrote to Apple and Google on Tuesday, requesting the companies to remove TikTok from their app stores for “its pattern of surreptitious data practices.” This comes after BuzzFeed News reported last week that TikTok’s staff in China had access to US-ba…
You know you’re living in the space age when a rocket hits the moon, and the industry as a whole points to the sky and, like an angry teacher holding up a paper airplane, asks “Who launched this?!” Truly, that is what occurred this week as an unidentified rocket stage (!) impacted…
Tesla veterans’ Industrial Next picks up $12M to automate EV production
Elon Musk is unabashed about his obsession with manufacturing. Over the years, Tesla has gradually gained recognition in the manufacturing world through improving its production quality. Now two Tesla veterans want to share their smart factory know-how to other automakers through a nascent startup.…
Having a great "ask" slide can reassure investors: It shows a founder wants to raise an amount of money that unlocks the next stage of growth and knows what milestones they need to hit to get there.