A 24-country alliance, including the UK, Germany, and Japan, aims to coordinate 6G strategies, share resources, and secure global leadership in next-gen communications, countering China's influence.
Tesla's first quarter earnings beat Wall Street expectations with profits up 16% year-over-year, briefly sending the stock surging before CEO Elon Musk's cautionary note about $25 billion in planned spending on AI and chips erased gains. The company posted its second-worst net profits and vehicle deliveries out of the last 12 quarters, despite exceeding analyst forecasts, with regulatory credit revenue dropping due to Trump administration policy shifts. Musk emphasized the company's long-term focus on AI, humanoid robot Optimus and fully autonomous vehicles, with Optimus entering production this summer.
Tesla's first quarter earnings beat Wall Street expectations with profits up 16% year-over-year, briefly sending the stock surging in after-hours trading. However, CEO Elon Musk dampened enthusiasm by announcing $25 billion in planned spending this year on AI software, chips and manufacturing, erasing the stock gains. The quarter marked Tesla's second-worst net profits and vehicle deliveries out of the last 12 quarters, despite exceeding analyst expectations. Musk emphasized the company's long-term focus on AI, humanoid robots and fully self-driving vehicles, with Optimus entering production this summer.
