businessThursday, July 23, 2026
Tesla's Q2 earnings were a mess: profits slumped, margins shrank, and Elon Musk still has no real plan for Hardware 3 owners promised Full Self-Driving. Meanwhile, the robotaxi service is quietly expanding, with seven markets now offering unsupervised rides. The contrast between the financial reality and the autonomous-driving narrative is getting harder to ignore.
The earnings call revealed a company squeezing deliveries at the expense of profits, while the robotaxi service inches forward and Musk floats a potential merger with SpaceX.
Tesla's Q2 earnings missed badly on profit, with margins deteriorating despite solid delivery numbers. The article argues the stock's valuation doesn't justify these fundamentals.
Tesla's robotaxi service has expanded to seven U.S. markets, six of which offer fully unsupervised rides, accumulating 380,000 unsupervised miles. A useful scorecard amid all the noise.
On the earnings call, Musk dodged a direct question about upgrading Hardware 3 vehicles to run FSD, leaving millions of customers who bought the promise in limbo. No real plan, just vague options.
Musk left the door open for a potential Tesla-SpaceX merger, following the pattern of his recent SpaceX-xAI deal. Speculative, but consistent with his playbook of consolidating his empire.
Nobody in Europe knows or cares what Kemi Badenoch thinks. That’s a big mistakewww.theguardian.com
Idaho just turned on a massive new solar farm. Meta has first dibsbit.ly
Move over Starbucks. Jollibee is releasing its own glass tumblereu.usatoday.com
“Every few months, a new model made part of our roadmap unnecessary”: Why Mendral’s founders gave up their startup for Anthropicthenewstack.io
How to Make $1000 a Day: The Complete Guide to High-Income Strategies in 2026diaryok.com
63-year-old CEO shares the top 3 red flags she sees in employees: ‘No one wants to be in their presence'www.cnbc.comTwisted Tea Releases New Split Pack For Those Who Need To Splitbleedingcool.com
Twisted Tea, owned by The Boston Beer Company, has launched a new "Split Pack" campaign featuring a case designed to be evenly divided between two people. The packaging is marketed toward those going through breakups, divorces, or anyone who needs to split a case for practical re
Inside India newsletter: Skyroot rocket puts India alongside U.S., China in private orbital launchwww.cnbc.com
Indian space tech startup Skyroot Aerospace has joined the elite club of private companies capable of orbital launches, placing India alongside the U.S. and China in this exclusive group. Co-founder Naga Bharath Daka told CNBC the company plans to begin commercial operations in 2
The 3 biggest takeaways from Google's Q2 earnings, from AI spending to a milestone for Geminiwww.businessinsider.com
Google reported strong Q2 earnings with revenue up 14% year-over-year, driven largely by AI investments and growth. The company is spending heavily on AI infrastructure (capital expenditures reached $13 billion, up from $12 billion last quarter) and announced that Gemini is now t
HMRC warning issued by mum over £1,000 thresholdwww.mirror.co.uk
A new mother who started a wedding content creation business after her own wedding warns side hustlers to check if they've exceeded HMRC's £1,000 trading allowance. Lianna Dickson, 30, realized her extra income had surpassed the threshold as bookings increased, requiring her to r
OpenAI introduces Presence to help enterprises build AI agents - SiliconANGLEsiliconangle.com
OpenAI has launched a new product called Presence, designed to help enterprises build AI agents. The company is already using Presence internally to power its own call center, where it matched human help desk representatives' response quality within weeks and now processes about
Ureru Net Advertising Group Launches MACA Prime Man Supplement Targeted at Menthird-news.com
Ureru Net Advertising Group Inc., a Tokyo Stock Exchange-listed company, has launched MACA Prime Man, a male health supplement developed by its subsidiary International Kanpo Research Institute. The product targets health-conscious men and will be marketed through a Direct-to-Con
Developer seeks data center review despite South Elgin board oppositionwww.chicagotribune.com
A developer, White Rose Partners, is pushing forward with plans to build a data center in South Elgin despite opposition from village board members who indicated they would not approve it. The developer launched a website (southelgin-projectkilo.com) to provide transparent inform
Marylanders likely hit by Chick-fil-A data breach, company sayswww.thebanner.com
Chick-fil-A announced a data breach affecting Chick-fil-A One members in Maryland and eight other states. The cyberattack occurred from June 17-19, potentially exposing personal information including home addresses and credit/debit card details. The Georgia-based restaurant chain
Ransomware Attack Hits Japanese Frozen-Food Chain: Food Security is an Illusioncybernewsroom.xyz
A ransomware attack has targeted a Japanese frozen-food chain, exposing the food industry's weak cybersecurity posture. The incident caused operational disruptions and highlights the dangerous intersection of digital infrastructure and food supply chain security. While specific d
The Document Foundation says Microsoft's file formats keep users on a short leashwww.theregister.com
The Document Foundation (TDF) criticizes proprietary file formats, particularly Microsoft's Office Open XML (OOXML), arguing they create vendor lock-in despite being marketed as open standards. While OOXML carries an ISO certification, TDF contends that only Microsoft Office can
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