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Edward LudlowFortune |
Allie Arebalo was one of the most senior women at the company, in her role since February 2023. She worked for Tesla for about six years, according to...
The cuts signal a retreat from a traditional advertising push that CEO Elon Musk greenlighted less than a year ago.
Tesla's top engineering executive Drew Baglino resigned from the company after leading development of its batteries, motors and energy products.
Wood’s most famous vehicle, Ark Innovation ETF, catapulted to fame during the height of the pandemic after making big bets on the likes of Tesla.
OpenAI will represent about 4% of the Ark venture fund’s holdings.
Shares of the EV maker jumped as much as 16% after its announcements, their biggest gain since July.
Fisker has warned that its current capital may not be enough to sustain it over the next 12 months without additional funds.
Altman believes the AI industry needs to act now to ensure there’s sufficient supply near the end of the decade.
Musk has said the carmaker plans to invest more than $1 billion on Project Dojo by the end of 2024.
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