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Tech stocks today: Tesla tops Q1 estimates, Meta to cut 10% of workforce, Intel reports Q1 earnings [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
Tesla said in its Q1 earnings report that preparations for the company's first large-scale Optimus factory “will begin shortly in Q2.” The first-generation production line will be located at Tesla's Fremont plant, where the Model S and Model X assembly lines will be converted for Optimus production. Tesla says this line could potentially produce 1 million robots per year, which seems like the kind of lofty target Musk is known for making. NasdaqGS - Nasdaq Real Time Price • USD Tesla, Inc. (TSLA) Follow View Quote Details As of 2:32:30 PM EDT. Market Open. Advanced Chart Elsewhere, Meta will layoff 10% of its workforce, amounting to some 8,000 people. The company also won't fill 6,000 open positions. The move comes after CNBC reported that Microsoft will offer certain US employees voluntary buyouts. Tech companies are increasingly looking for ways to save cash, as they spend billions constructing data centers and developing AI models. Additionally, Intel ( I
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- Tesla's robotaxi timeline just got a little fuzzier [Business Insider][Business Insider]
- Factbox-Elon Musk lays out Terafab AI chip project plan [Yahoo! Finance][Yahoo! Finance]
- Will Elon Musk's New SpaceX and Tesla Joint Venture Disrupt This AI Semiconductor Giant? [Globe and Mail, The (Toronto, Canada)][Globe and Mail, The]
- Will Elon Musk's New SpaceX and Tesla Joint Venture Disrupt This AI Semiconductor Giant? [Yahoo! Finance][Yahoo! Finance]
- Tesla's Terafab Dream [Seeking Alpha][Seeking Alpha]
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