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...Additional reporting by Michael Acton in San Francisco...
...Australia’s investment in PsiQuantum, in the form of equity in the company as well as grants and loans, marks an unusual bet on qubits based on photons, rather than the superconducting qubits used by IBM...
...The moves come after a judge in Delaware, Kathaleen McCormick, voided a planned $56bn pay award from Tesla, the electric-car company he runs, late last month....
...Sales growth of electric cars has slowed in the past year, with carmakers increasingly forced to discount models in order to generate sufficient consumer demand, while companies from General Motors and Ford...
...The results come at a turbulent time for Musk and the electric vehicle sector....
...The decade-long effort to build a product that competes with the likes of Tesla and Rivian has never been officially confirmed by Apple, and a spokesman for the company declined to comment....
...The decade-long effort to build a product that competes with the likes of Tesla and Rivian has never been officially confirmed by Apple, and the company declined to comment....
...Elon Musk has shut down the division that runs Tesla’s Supercharger business, dismissed two senior executives and fired hundreds more staff as the electric-car maker continues its restructuring amid a sharp...
...The company plans to invest ¥1.7tn in “growth areas” such as AI, electric vehicles and software....
...She later gave up on trying to remake HP and broke up the company....
...“I still love the company....
...Tesla investor Christopher Tsai from Tsai Capital said that while he expected competition for electric vehicles would intensify and that Tesla would lose market share, “we also believe the company will increase...
...Tesla’s supercharger system is among the largest charging networks in the world, and was one the reasons the company enjoyed such a commanding lead over rival carmakers for so long....
...Anja-Isabel Dotzenrath, head of gas and low-carbon, is also retiring and will be succeeded by William Lin....
...And Musk’s outspoken posts on his social media platform X risk denting his car company’s brand....
...Universities also are facing pressure to include social imperatives in their decision making (Princeton, for example, no longer invests in publicly traded oil and gas companies)....
...But Equinor is still first and foremost an oil and gas company....
...“Gas is the only cost-efficient energy generation capable of providing the type of 24/7 reliable power required by the big technology companies to power the AI boom,” said Doug Kimmelman, ECP founder and...
...Decisions on how to handle requests are taken by Musk, together with chief executive Linda Yaccarino, and others in the government affairs and legal teams including Pickles, the company says....
...There are “over 200 companies globally working on [electric and self-driving] technology, and over 20 carmakers already selling more than 10,000 EVs per year, while Apple was still in the testing phase”,...
...Generally, those companies more reliant on “baseload” or “flexible” technologies such as nuclear, biomass, gas and coal are more exposed to near-term market prices....
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