Tesla Inc CEO Elon Musk said on Tuesday that the next generation of small cars the company is working on will operate primarily in self-driving mode, a departure from the one he made in 2020. Promises are similar.
Elon Musk said on Tuesday that there is a clear path for Tesla to deliver a car that costs half as much as the Model 3 sedan, but he gave no details on when or what type of car it will be.
He said at the 2020 event that he was “convinced” that Tesla would produce a small, $25,000 fully self-driving electric car in about three years.
In addition, he also said that Twitter may achieve cash flow breakeven in the second quarter, and may even achieve positive cash flow. Speaking at the Morgan Stanley conference in San Francisco on Tuesday, Elon Musk said Twitter has been working to make its ads more relevant. He emphasized that after the completion of the $44 billion acquisition of Twitter, Twitter’s debt load is quite high, and the annual debt service cost is about $1.5 billion, which is about the same as the current burn rate.
As part of its investigation into Twitter, the U.S. Federal Trade Commission (FTC) has asked the company to turn over internal communications related to its boss, Elon Musk, details of layoffs and other business decisions. Since Elon Musk took over Twitter last October, the FTC has sent 12 letters to Twitter and its lawyers, asking the company to “identify all journalists who have been granted access to company records” and provide information on the release of an improved Twitter Blue subscription service. Information.
