Teslas are being traded in at a record clip

Teslas accounted for 1.4% of all vehicles traded in so far this year, up from 0.4% for the same period last year, according to data provided to Reuters by Edmunds. That’s the highest on record and an indication that more people are trying to offload the electric vehicles, which are less popular than ever.

One issue for people unhappy with Tesla CEO Elon Musk who are trying to pawn off their Teslas: they might not get as much as they’d hoped in return. The price used of Teslas has declined more swiftly than other EVs.

Exclusive: Tesla trade-ins on pace for record high amid Musk backlash

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Rani Molla20h

Report: Microsoft weighs Xbox spin-off amid major overhaul

Microsoft is reportedly considering spinning out or restructuring its struggling Xbox unit, per The Information. While new Xbox CEO Asha Sharma, who took over in February, is preparing for layoffs, she’s simultaneously planning to boost investment in its biggest franchises like “Halo,” “Fallout,” and “Minecraft.”

The latest potential shake-up comes as the gaming division battles major headwinds, following a massive 33% plunge in Q3 console sales and a recent move to slash Game Pass prices while removing new “Call of Duty” titles.

Microsoft Has Considered Spinning Out Xbox, Plans New ‘Halo,’ ‘Fallout’ Games

Hyunsoo Rim

BOT HIRING

6/12/26

AI was the top reason cited for US job cuts for the third straight month in May

Employers cited AI for nearly 40% of May’s cuts — a share that’s kept climbing since Challenger began tracking it in 2023.

robot carrying sacked mid adult businessman

Anthropic’s Mythos gets tired, hates bad users, and wants to be thanked

Reminder: these models are not people, they don’t think, and when you close the tab, the model isn’t pondering your last interaction.

Jon Keegan6/11/26

Rani Molla

Waymo Money

6/11/26

Alphabet’s Waymo is getting into the subscription — and Uber’s — business

Waymo is hoping its new membership tier will lock in customers and get them to spend more.

Oracle Stock's Rises Sharply After Reporting Ultra High Demand For Cloud Computing Services

Oracle is trying really hard to convince investors it won’t have a debt problem

It’s coming up with new metrics to allay fears about its ballooning capex and debt load.

Rani Molla6/11/26

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