Day: January 24, 2024
News
Tesla’s Tax Benefit Doubles Profit, but Price Reductions Impact Revenue
Tesla’s revenue increased drastically in the fourth quarter of 2023 compared to a year earlier, largely due to a $5.9 billion tax benefit. However, this boost in profit is overshadowed by the fact that profit from car sales fell as a result of Tesla’s price cuts to compete with other electric carmakers. The profit in […]
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News
The Challenge of Making VR Headsets Cool: Even Apple Faces an Uphill Battle
Apple’s newest product, the $3,500 Vision Pro, will be released next week. The device is a face computer that resembles ski goggles and includes high-resolution displays and sensors that track eye movements and hand gestures. Apple bills the headset as the beginning of an era of “spatial computing,” blending data with the physical world to […]
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