Technology

287 readers

483 users here now

Share interesting Technology news and links.

Rules:

No paywalled sites at all.
News articles has to be recent, not older than 2 weeks (14 days).
No videos.
Post only direct links.

To encourage more original sources and keep this space commercial free as much as I could, the following websites are Blacklisted:

Al Jazeera.
NBC.
CNBC.
Substack.
Tom's Hardware.
ZDNet.
TechSpot.
Ars Technica.
Vox Media outlets, with exception for Axios(Due to being ad free.)
Engadget.
TechCrunch.
Gizmodo.
Futurism.
PCWorld.
ComputerWorld.
Mashable.
Hackaday.
WCCFTECH.

More sites will be added to the blacklist as needed.

Encouraged:

Archive links in the body of the post.
Linking to the direct source, instead of linking to an article talking about the source.

founded 2 months ago

MODERATORS

Pro@programming.dev

Tesla’s earnings hit a new low, with largest revenue drop in years (text.npr.org)

submitted 2 days ago* (last edited 2 days ago) by Pro@programming.dev to c/Technology@programming.dev

5 comments fedilink hide all child comments

Tesla on Wednesday reported a drop in its profit during the second quarter, as the electric vehicle maker continues to struggle despite CEO Elon Musk's pivot back to focusing on his companies after his controversial role leading the Trump administration's government cost cutting efforts.

The company's electric vehicle sales have been flagging, and earlier this month it reported a drop of 13.5% in the quarter, compared with the same period a year ago. On Wednesday, Tesla said its net income also suffered, slumping 16% year-on-year.

top 5 comments

sorted by: hot top controversial new old

[–] Semi_Hemi_Demigod@lemmy.world 23 points 2 days ago (1 children)

That’s what happens when you’re run by a delusional man-baby

[–] spankmonkey@lemmy.world 15 points 2 days ago (1 children)

Also as people finally catch on to how overpromised and underdelivered the new shiny tech cars actually are compared to offerings from real manufacturers. Tesla mainly took off because of the lack of competition and being early on the battery tech.

[–] Semi_Hemi_Demigod@lemmy.world 11 points 2 days ago

If Musk had iterated on his existing cars, improving designs and making something akin to the Beetle or the Mustang - a car young people liked and could afford - he might have had a chance.

But, yeah, I’m keeping my old, dumb cars as long as I can wrench them into life.

[–] resipsaloquitur@lemmy.world 10 points 2 days ago

Oh no how unfortunate.

[–] JeeBaiChow@lemmy.world 5 points 2 days ago

Someone's still buying about 1.4b of these.