Electric car maker Tesla’s profits took a dive in the third quarter, according to an earnings call on Wednesday in which the company’s chief Elon Musk blamed staff working from home for being “detached from reality”. Tesla’s profits in Q3 of 2023 have plunged by over 40 per cent compared to the gains it made in the same period last year after the company slashed its car prices by around 25 per cent in an attempt to compete with other EV makers. The EV manufacturer reported a net profit of about $1.9bn for the time between July through September, which is a 44 percent drop from the $3.3bn it made in the same three-month period last year. While the company has seen a small increase in overall revenue of about $23bn from the $21bn the same time last year, the figures are still lower than Wall Street expectations. Mr Musk also dampened hopes of the company’s anticipated Cybertruck reviving profits in the near future, announcing that it would take at least 18 months for the truck to become profitable as it could go on sale only by the end of November. “There will be enormous challenges in reaching volume production with Cybertruck and making the Cybertruck cash flow positive,” the Tesla titan told investors and analysts in the earnings call. “The blood, sweat and tears that will be required to achieve that is just staggering,” he added. Over the last year, Tesla has slashed the prices of its cars by quarter to boost sales. Growing competition with the introduction of EVs by other car makers in the US, including BMW, Toyota, Mercedes, GM and Hyundai, has also coincided with Tesla’s share of vehicles in the EV market reducing in the last quarter. In the earnings call, Mr Musk also said staff working from home are taking advantage of those who cannot work from home. “Like... what about all the people that have to come to the factory and build the cars?” he asked. “Why did I sleep in the factory so many times? Because it mattered,” the Tesla chief said. Mr Musk echoed the statements he made in an interview with CNN earlier this year in which he called remote work “morally wrong”, arguing that it is unfair to those who cannot have the option. “Get off the goddamn moral high horse with the work-from-home bullshit,” he said. Tesla also pointed fingers at its reduction in production while it upgraded its factories as one of the factors behind the profit slump. It said it has also been making big investments in AI and “commissioned one of the world’s largest supercomputers.” “We have more than doubled the size of our AI training compute, accommodating for both our growing data set & Optimus, which is currently being trained for simple tasks through AI rather than hardcoded software, while its hardware continues to improve,” Tesla said. But all is not gloomy as the company says the first deliveries of its Cybertruck are scheduled for 30 November and Tesla’s Model Y remains the “best-selling vehicle of any kind” in Europe. Read More X begins charging new users to post as part of trial EU asks Elon Musk to ‘walk the talk’ on X/Twitter disinformation over Hamas attack AOC wants to ‘trade in’ her Tesla for union-made electric vehicle amid historic auto workers strike Amazon to start dropping packages into people’s gardens using drones in the UK Facebook has stopped working Facial recognition firm Clearview AI overturns UK data privacy fine

The first full Sunday of the 2023 NFL season takes place on Sept. 10. Here is how you can watch NFL Sunday Ticket and how much the service will cost.

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Elon Musk’s brain chip startup Neuralink has begun recruiting for its first human trials, having previously tested the technology on pigs and monkeys. Neuralink’s brain-computer interface received approval in May from the US Food and Drug Administration (FDA) to test its technology on humans, which the company hopes can help people with brain disorders and spinal injuries. “We’re excited to announce that recruitment is open for our first-in-human clinical trial,” Neuralink posted on X, formerly known as Twitter. “If you have quadriplegia due to cervical spinal cord injury or amyotrophic lateral sclerosis (ALS), you may qualify.” The study will assess the safety of both the wireless chip and the surgical robot used to implant it in the brain. If successful, subjects will be able to control a computer cursor or keyboard using only their thoughts. The ultimate goal for Neuralink, according to Mr Musk, is to not just treat medical patients but augment the ability of humans in order to allow them to compete with advanced artificial intelligence. Implanted chips could provide “enhanced abilities” like greater reasoning and improved vision, while enabling people to perform previously impossible tasks like streaming music directly to their brain. Neuralink has faced criticism from animal rights groups for the treatment of its research subjects at the University of California’s Davis Primate Centre. The Physicians Committee for Responsible Medicine (PCRM) accused Mr Musk’s startup of subjecting monkeys to “extreme suffering” and providing “inadequate animal care”. Both Neuralink and Mr Musk have denied the allegations, with the tech billionaire claiming last week that research experiments were only carried out on primates that were already close to death. “No monkey has died as a result of a Neuralink implant,” he wrote on X. “First our early implants, to minimise risk to healthy monkeys, we chose terminal monkeys (close to death already).” Read More Elon Musk is ‘unofficial president’ of the US, Netanyahu says Elon Musk says monkeys implanted with Neuralink brain chips were ‘close to death’ First photo emerges of Elon Musk and his baby twins with Neuralink director Elon Musk reveals trillion dollar algorithm that explains everything he does

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Jun 23, 2023--

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TikTok prankster Mizzy has again been released on bail after he was accused of posting videos on social media without the consent of the people featured in them. The star, real name Bacari-Bronze O’Garro, appeared at Stratford Magistrates’ Court in east London on Thursday morning. He was listed for trial on three counts of breaching a criminal behaviour order but his case was adjourned because he has now been accused of engaging in further “criminal activities”, according to a joint submission by prosecution and defence lawyers. The case was previously adjourned on July 19 at the same court. O’Garro was initially placed on bail for the offences at a hearing at Thames Magistrates’ Court in May. The 18-year-old spoke to the PA news agency outside court on Thursday, saying society is “out to get me” and adding: “We will conquer.” One of the alleged offences took place on May 25 when O’Garro visited the Westfield Centre in Stratford, which he is not permitted to do under the criminal behaviour order. He told PA after a previous hearing that he was unaware he was in breach because he had not been given a map of the out-of-bounds area. The two other offences relate to videos posted on May 25 and May 26 allegedly without the consent of the people involved. O’Garro will appear at Stratford Magistrates’ Court again on September 21. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live

Google is set to unveil its latest artificial intelligence offerings at its annual developers conference on Wednesday, alongside new products ranging from Pixel phones to the Android 14 operating system. Google I/O 2023 will offer Alphabet the chance to show what its massive investments into AI have delivered, as it seeks to take on OpenAI’s hugely popular ChatGPT chatbot. Integration of its Bard AI in to its Maps, Gmail and search is expected, while various leaks have hinted that the company will also launch a large language model (LLM) called PaLM 2, capable of operating in more than 100 languages. This AI tool is rumoured to be able to pass exams in everything from computer coding and mathematics, to creative writing and critical thinking. A live stream of the keynote will be available when it begins at 10am local time (6pm BST), which you can watch right here. Until then, you can follow all the latest news, updates and analysis in our build-up coverage below.

Microsoft’s Bing Chat has largely been locked to the Edge browser, but no more. The