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Another indication Cybertruck sales aren’t going well: Tesla is offering free charging for life on Foundation models

Tesla is offering new buyers of the Foundation Series Cybertruck free charging for as long as they own the vehicle — potentially an indication the company is having trouble moving the $95,000-plus apocalypse-proof pickups.

Early on in Tesla’s existence as a public company, the company offered free supercharging for life for purchasers of its Model S. It started phasing out that promotion in 2017, as Tesla sales started to really take off and a year before its Model 3 became the bestselling luxury car in the US.

Since then, the company has occasionally offered the promotion as a way to boost sales. It offered a promotion similar to the Cybertruck one in December for the Model S, as it tried and failed to reach its 2024 sales goals.

Another way to move more Cybertrucks: selling them to the Trump administration — a plan that is currently on hold after NPR reported on it.

Early on in Tesla’s existence as a public company, the company offered free supercharging for life for purchasers of its Model S. It started phasing out that promotion in 2017, as Tesla sales started to really take off and a year before its Model 3 became the bestselling luxury car in the US.

Since then, the company has occasionally offered the promotion as a way to boost sales. It offered a promotion similar to the Cybertruck one in December for the Model S, as it tried and failed to reach its 2024 sales goals.

Another way to move more Cybertrucks: selling them to the Trump administration — a plan that is currently on hold after NPR reported on it.

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ChatGPT Is Down

Is OpenAI on its way to becoming Lyft?

Once nearly synonymous with AI, it just got surpassed in valuation by Anthropic. Now it looks like it’s also going to get beaten to the IPO starting line.

tech

Palo Alto Networks surges after it beats revenue and earnings estimates

Cybersecurity firm Palo Alto Networks jumped more than 10% in postmarket trading after reporting fiscal third-quarter results that beat analyst revenue and earnings expectations.

The company posted adjusted earnings per share of $0.85, versus the FactSet analyst consensus estimate of $0.79 on $3 billion in revenue. (Wall Street had expected $2.94 billion.)

The company also boosted its guidance for the full fiscal year. The company now expects non-GAAP EPS in the range of $3.77 to $3.79, compared to its previous projection of $3.65 to $3.70 (and analysts’ expectations of $3.68). It also forecast revenue of $11.415 billion to $11.425 billion, representing year-over-year growth of 24%, compared to previous growth expectations of 22% to 23%.

Through Tuesday’s close, the stock had risen more than 60% in the past month.

tech

Microsoft releases 7 new models, next-gen quantum chip at Build conference

Microsoft is making it clear it can stand on its own as a competitor in the AI arena.

Today at its annual Microsoft Build developer conference, the company made a flurry of announcements that move it further away from the shadow of its complicated relationship with partner OpenAI.

Among the products announced:

  • New Nvidia-powered Windows PCs: the Surface Laptop Ultra and Surface RTX Spark Dev Box.

  • Seven new homegrown AI models: MAI Image-2.5, MAI Image-2.5-Flash, MAIN Transcribe-1.5, MAI Thinking-1, MAI Voice-2, MAIN Voice-2-Flash, and MAI Code-1-Flash.

  • Majorana 2, the company’s next-gen quantum chip.

  • Microsoft Scout, an integrated always-on agent built on OpenClaw.

  • Project Solara, an AI gadget operating system.

Investors were unimpressed, however, as shares were down over 4% after the announcements.

  • New Nvidia-powered Windows PCs: the Surface Laptop Ultra and Surface RTX Spark Dev Box.

  • Seven new homegrown AI models: MAI Image-2.5, MAI Image-2.5-Flash, MAIN Transcribe-1.5, MAI Thinking-1, MAI Voice-2, MAIN Voice-2-Flash, and MAI Code-1-Flash.

  • Majorana 2, the company’s next-gen quantum chip.

  • Microsoft Scout, an integrated always-on agent built on OpenClaw.

  • Project Solara, an AI gadget operating system.

Investors were unimpressed, however, as shares were down over 4% after the announcements.

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