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Tesla’s new growth plan is centered around mysterious cheaper models

April 24, 2024

Tesla’s been undergoing some major changes, and now we have a sense of why: the company says it is upending its product roadmap because of “pressure” on EV sales. The new and accelerated plan now includes “more affordable models” that the company claims will be launched next year. Or if Tesla CEO Elon Musk is […]

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Taking on climate change, Rad Lab style

April 23, 2024
When I last wrote, the Institute had just announced MIT’s Climate Project. Now that it’s underway, I’d like to tell you a bit more about how we came to launch this ambitious new enterprise.  In the fall of 2022, as soon as I accepted the president’s job at MIT, several of my oldest friends spontaneously…

Tesla profits drop 55%, company says EV sales ‘under pressure’ from hybrids

April 23, 2024

Tesla profits fell 55% to $1.13 billion in the first quarter from the same year-ago period as a protracted EV price-cutting strategy continued to cut into the automaker’s bottom line. The results, posted after markets closed Tuesday, sent shares up 7% immediately following the release. Tesla reported revenue of $21.3 billion in the first quarter, […]

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How to Actually Get Returns in Your Marketing Efforts

April 23, 2024
The field of newsletter marketing offers a highly cost-efficient channel for achieving high ROI in promotional campaigns, thanks to new AI-powered tools that identify target audiences and track their engagement with ads, enabling the ability to optimize spend.