As soon as August, a giant silver bullet will cut its way through the dry air of the southwestern US and cross the Pacific to reach the coast of Japan. Once there, the roughly 200-foot-long craft, built by the New Mexico–based company Sceye, will park some 18 kilometers above the ocean’s surface, in a wispy-thin…
Tesla’s planned capex for 2026 is three times higher than what the company has historically spent. Its CFO said, as a result, Tesla will have a negative free cash flow the rest of the year.
The admission could open Tesla to legal challenges after it spent years promising customers they were just one software update away from owning fully autonomous cars.
Ryan Roslansky has stepped down as LinkedIn’s CEO after six years running the world’s largest professional network. Dan Shapero, the company’s COO, takes over immediately.