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Electric Shock

Tesla isn’t the top brand for any potential EV buyers

And no one over the age of 44 wants to go near one.

Rani Molla

A major barrier for Tesla is getting people interested in driving electric vehicles in the first place. But it’s even struggling among people who want them.

About a third of Americans who are considering buying a car in the next year are open to buying an electric or hybrid vehicle, a new report by YouGov found. And for those interested in electric and hybrid vehicles Toyota, not Tesla, is their top choice. (Toyota is also the overall No. 1 auto brand among all Americans.) Tesla, in fact, ranks sixth among would-be EV drivers, behind Toyota, Honda, Ford, Mercedes-Benz, and BMW.

YouGov further breaks down the data by generation. Tesla does best among 30-44 year olds, but doesn’t rank in the top 10 for anyone older than that. YouGov found that Americans 44 and under are three times more likely to consider an electric vehicle as their next automobile than older folks.

Top considered brands among electric and hybrid buyers
YouGov

(I’m not exactly sure what’s going on with Gen Z and Mercedes-Benz but I think this TikTok campaign may have something to do with it.)

Of course, unlike Tesla, brands like Toyota offer hybrids, which can provide some of the benefits of electric vehicles without some of the perceived costs, like having to find EV chargers.

Still, it’s notable that Tesla, which until recently dominated the US EV market, isn’t the first or even second company electrically open-minded buyers would consider. Tesla increasingly has to compete with lower cost EV competitors, yet earlier this year abandoned plans for a $25,000 model.

Musk, whose split attention with his other companies like X has him tweeting more about Trump than Tesla, might deserve part of the blame for increased animosity toward his EV company. High-profile deadly crashes and recalls might also have something to do with it.

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OpenAI may need to IPO or achieve AGI to get all of Amazon’s $50 billion investment

A month ago, word got out that Amazon was planning to invest up to $50 billion in OpenAI as part of a larger $100 billion funding round. Now, it seems that money might be dependent on OpenAI pulling off one of two massive goals: a successful IPO, or achieving artificial general intelligence (AGI).

OpenAI is in a heated race against rival Anthropic to be the first big generative-AI startup to IPO, which the former is reportedly trying to do by Q4 of this year.

AGI is still a squishy concept, but is generally described as an AI system that is better than humans at pretty much everything. When the much-hyped AGI goal might be achieved is the subject of rampant speculation.

The Information reports that negotiations between Amazon and OpenAI are still ongoing, but they may include an agreement for OpenAI to build custom models for Amazon, which could be used in Alexa.

The $100 billion fundraising round is reported to value OpenAI at around $730 billion.

OpenAI is in a heated race against rival Anthropic to be the first big generative-AI startup to IPO, which the former is reportedly trying to do by Q4 of this year.

AGI is still a squishy concept, but is generally described as an AI system that is better than humans at pretty much everything. When the much-hyped AGI goal might be achieved is the subject of rampant speculation.

The Information reports that negotiations between Amazon and OpenAI are still ongoing, but they may include an agreement for OpenAI to build custom models for Amazon, which could be used in Alexa.

The $100 billion fundraising round is reported to value OpenAI at around $730 billion.

Man With Empty Pockets

As Nvidia’s gaming results underwhelm, the company sees “very tight” quarters ahead

The company’s former golden goose gaming division booked $3.7 billion in revenue in the fourth quarter, 8% below Wall Street’s expectations.

business

Celsius soars after crushing earnings expectations with record sales year

Shares of Celsius were up almost 16% in early trading on Thursday, after the company released Q4 and full-year results that exceeded expectations.

The energy drink company reported:

  • Adjusted earnings per share for the fourth quarter of $0.26, above analysts’ average projection of $0.20 per share, per Bloomberg data.

  • Q4 revenue of $721.6 million, beating forecasts of $638.7 million.

Celsius also posted annual revenue of $2.5 billion, which marked a massive 86% increase from FY2024. It also reported strong sales growth in North America (up 89% year over year) and its retail sales of the Alani Nu brand (up 101%) as bright spots, while Rockstar Energy brand sales slumped 11% in FY2025.

In the press release, CEO John Fieldly said that Celsius is “entering 2026 with positive momentum,” and added that the brand “reached an approximate 20% dollar share of the U.S. energy drink category in Q4 2025.” Competitor Monster Beverage is expected to report earnings after the bell today.

Paramount Announces It's Cutting 2,000 Jobs

Paramount improved its Warner Bros. offer to $31 per share

WBD confirmed receipt of the new offer on Tuesday and said it would review the proposal.

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