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Tesla Is Ending Production of Its Cybertruck and Refocusing on the Cybercab

Production of the electric trucks will stop in the middle of 2027 to make room for increased production of its autonomous ride-share vehicle, Elon Musk said.

© Brandon Bell/Getty Images

Tesla will end production of its electric Cybertrucks next year.

SpaceX and Tesla Stocks Tumble After Elon Musk-Backed Candidates Lose in Texas

The world’s richest person has antagonized Democrats, some of whom have signaled their intent to investigate him when they take control of Congress.

© Evan Vucci/Reuters

SpaceX and Tesla, both run by Elon Musk, are based in Texas, where voters elected a Democratic senator and governor.

Gaming Out the Prospect of a Blue Wave

Business executives and investors are preparing for a Democratic sweep and the ramifications for policy on data centers, cryptocurrency and more.

© Ricardo Arduengo/Agence France-Presse — Getty Images

In Dallas yesterday. The stakes are high as Election Day arrives.

As Political Ad Spending Skyrockets, Broadcast TV Remains King

Even though marketers have increasingly shifted their dollars to other media, local stations are reaping a bonanza during these midterm elections. Nowhere is this is more evident than in Texas.

© Desiree Rios for The New York Times

How Binance’s $6.3 Billion Hack Went Down

A war room. A global conference call. A founder who live-posted about the largest crypto heist in history. Inside a frantic 24 hours at the world’s biggest crypto exchange.

© SeongJoon Cho/Bloomberg

Binance, the world’s largest crypto exchange, said $6.3 billion of funds are involved in what the industry is describing as crypto’s biggest-ever hack.

Meta and SpaceX to Raise Billions More to Fund A.I. Ambitions

The race to build artificial intelligence infrastructure is consuming increasingly enormous amounts of cash at the biggest tech companies.

© Gabriela Bhaskar/The New York Times

Mark Zuckerberg, chief executive of Meta. The company aims to raise up to $95 billion to invest in A.I. infrastructure.

Musk Is Predicting ‘Guppy-level Death’ for Scores of A.I. Companies

Elon Musk sees many artificial-intelligence infrastructure companies being shut out of the debt market, a warning that could weigh on markets.

© Haiyun Jiang for The New York Times

Elon Musk is the latest to warn of an A.I. shakeout, singling out neoclouds as facing “guppy-level death and consolidation.”
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