Tesla’s cheaper vehicles aren’t helping its declining sales
The company’s deliveries in the first quarter were just 6% higher than last year, and Tesla now faces a third straight year of falling sales.
What Europe’s heat wave means for the power grid
It’s been hard to look away from headlines about the European heat wave this week. Temperatures are breaking records across the continent, and the weather is threatening lives, shutting down schools, and in one particularly ironic case, forcing the cancellation of a London Climate Action Week event about extreme heat. As the summer ramps up…
Commonwealth Fusion Systems leans on magnets for near-term revenue
Realta Fusion is buying magnets from Commonwealth Fusion Systems, providing a revenue stop gap.
Diverse teams start with diverse VCs
It is the path of least resistance for a growth-stage company to hire from the familiar Silicon Valley pipelines but if a founder wants a diverse team, that value has to be put into practice from the very first hire.
There’s Something on the Moon That Earth Desperately Needs — And It Could Be Worth Trillions
NASA’s Artemis missions are laying groundwork for lunar colonies to mine helium-3 that could power fusion reactors and quantum computers.
OpenAI Just Raised a Record-Breaking $122 Billion to Build an ‘AI Superapp.’ Here’s What That Means.
The AI company pulled in $122B, making its valuation $852 billion as it generates $2 billion in revenue per month.
Exclusive: Beehiiv expands into podcasting, taking aim at Patreon
One way Beehiiv is convincing creators to switch from rivals like Substack and Patreon is by not taking a cut of revenue.
The Download: plastic’s problem with fuel prices, and SpaceX’s blockbuster IPO
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Fuel prices are soaring. Plastic could be next. As the war in Iran continues, one of the most visible global economic ripple effects has been fossil-fuel prices. But looking ahead, further consequences could…
Cash App launches ‘pay later’ feature for P2P pay transfers
Block says that the new feature has strong built-in protections to keep users from so-called debt spirals.
Fuel prices are soaring. Plastic could be next.
As the war in Iran continues to engulf the Middle East and the Strait of Hormuz stays closed, one of the most visible global economic ripple effects has been fossil-fuel prices. In particular, you can’t get away from news about the price of gasoline, which just topped an average of $4 a gallon in the…
Energy Is Becoming the Defining Bottleneck of the AI Era. Here’s What That Means for Entrepreneurs.
AI data centers are rewriting the global electricity market. Here’s what entrepreneurs should know.