#Tesla

#Tesla

This is the discussion I used to have with Elon all the time. He'd come in the West Wing. He'd want all these guarantees on the button. I said: Dude, you don't understand. You're asking people that make 42,000 bucks a year to essentially get all these tax breaks.' They're financing what the venture capitalist should finance, so therefore, you're gonna own less of Tesla, right? Their returns are gonna take longer and maybe be lower, so they're gonna want even more.

A cyclist was hospitalized after being stabbed at the famed Marin Headlands on Saturday, officials said. CHP spokesperson Arthur Tellez told SFGATE the stabbing occurred at 11:40 a.m. on a congested section of Conzelman Road, near Alexander Avenue where the roads intersect with Highway 101. Tellez said the driver of a black Tesla and a cyclist got into an altercation, with the cyclist suffering stab wounds from a knife.

In his annual shareholder letter-the last one he will pen as CEO before Berkshire vice chair Greg Abel takes over on Jan. 1-Buffett suggested chief executives are driven by greed and selfishness to drive up their own pay after seeing competitors ratchet up their own remunerations. "What often bothers very wealthy CEOs-they are human, after all-is that other CEOs are getting even richer," he said. "Envy and greed walk hand in hand. And what consultant ever recommended a serious cut in CEO compensation or board payments?"

S&P 500 futures are down about 21 points. The SPDR S&P 500 ETF ( SPY) is down about a point. Dow futures are down about 126, as the Nasdaq slips about 112 points. While the day doesn't look bright, keep your eye on the 50-day moving average on the major indices. That moving average has now served as strong support a few times. And if it happens again, the major indices could bounce.

The lawsuits, , allege that management and staff at Tesla's factory in Fremont, California, routinely subjected Black employees to harassment and racial bias, including using racist language and deliberately holding back promotions. Four lawsuits filed in September by the Oakland law firm Hunter Pyle Law in against Tesla in California Superior Court have been removed to federal court in California, in the Northern District of California, which has courtrooms in San Jose, Oakland and San Francisco.

The AI5 chip is Tesla's next-generation hardware chip for its self-driving program, Optimus humanoid robots, and other AI-driven features in both vehicles and other applications. It will be the successor to the current AI4, previously known as Hardware 4, which is currently utilized in Tesla's newest vehicles. AI5 is specially optimized for Tesla use, as it will work alongside the company's Neural Networks to focus on real-time inference to make safe and logical decisions during operation.

Right now is a good reminder that while Tesla CEO Elon Musk is about to ask his shareholders for a trillion-dollar pay package, his car company is getting smoked pretty much everywhere. Arguably, nowhere is that more evident and urgent than in Europe, where electric-vehicle growth continues despite the United States backslidingand where Tesla's most potent rival isn't backing off. Welcome back to Critical Materials, our morning roundup of industry and technology news, coming soon to your inbox as well.

Markets are still concerned that AI valuations are stretched. Leading recent AI losses, Palantir ( NASDAQ: PLTR) dropped, even after beating earnings estimates with solid guidance to boot. EPS of 21 cents beat estimates of 17 cents. Revenue of $1.18 billion was above estimates of $1.09 billion. While impressive, the market has become nervous about Palantir's valuation - especially as it trades at 200x forward earnings.