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TSLA

Leaked images of Tesla Inc.'s Cybertruck frame have sparked concerns among potential buyers due to the absence of a cargo tunnel or midgate into the vault, a feature that improves cargo bed space. However, Reddit users have suggested the potential inclusion of a retractable rear window that could provide passthrough access to the truck bed. Tesla CEO Elon Musk expects to sell 250,000 to 500,000 Cybertrucks annually once production is fully ramped up.

Portfolio Pulse from Anan Ashraf

July 15, 2023 | 12:54 pm

F

TSLA

Ford Motor Co. is considering building a battery-electric replacement for its Fiesta model. If produced, it could compete with Tesla's rumored Model 2 economy EV. Ford's transition to EVs has seen a target of two million EV production by 2026, up from an expected 600,000 in 2023. However, Ford's Model E segment saw a 27% revenue drop in Q1 and is expected to report a loss this year.

Portfolio Pulse from Anan Ashraf

July 15, 2023 | 10:43 am

RIVN

Rivian Automotive Inc. (NASDAQ:RIVN) has introduced three different drive system configurations for its R1 platform. The options include a quad-motor drive system, a performance dual-motor drive system, and a dual-motor system. The company reported that it produced 13,992 vehicles in Q2, up from 9,395 in Q1, and delivered 12,640 vehicles, in line with expectations. Rivian also stated it is on track to meet its annual production guidance of 50,000 vehicles.

Portfolio Pulse from Anan Ashraf

July 15, 2023 | 9:54 am

TSLA

A Tesla coloring book has sparked speculation about the possibility of bidirectional charging in upcoming vehicles, particularly the Cybertruck. Bidirectional charging allows a car to charge itself and supply power to external devices, homes, or other electric vehicles. Tesla's Senior VP of Powertrain and Energy Engineering, Drew Baglino, mentioned earlier this year that bidirectional charging could happen in two years. However, CEO Elon Musk stated that he does not see user demand for bidirectional charging unless they have a powerwall.

Portfolio Pulse from Anan Ashraf

July 15, 2023 | 9:12 am

TSLA

Tesla, Inc. (NASDAQ:TSLA) has shared a photo of the first Cybertruck built at the Giga Texas plant, indicating that the much-anticipated vehicle could be close to launch. This comes after sightings of the Cybertruck at various locations and rumors of its imminent launch. The launch of the Cybertruck is expected to boost Tesla's volume significantly and have a positive impact on the rest of Tesla's products.

Portfolio Pulse from Shanthi Rexaline

July 15, 2023 | 8:30 am

META

Meta Platforms Inc. (NASDAQ:META) has launched Threads, a Twitter-like service, amidst dwindling user engagement. The launch of Threads, developed under the guidance of Instagram head Adam Mosseri, coincided with rival Elon Musk's missteps with Twitter, providing an opportunity for Meta to offer a 'sanely run' platform. Threads quickly gained 100 million users within a week, becoming the fastest-growing app in history. However, Meta's core digital-advertising business is slowly recovering after a challenging year, and the metaverse, which CEO Mark Zuckerberg has heavily invested in, has yet to demonstrate its full potential.

Portfolio Pulse from Ananya Gairola

July 15, 2023 | 8:06 am

TSLA

Elon Musk, CEO of Tesla Inc. and SpaceX, expressed doubts about Vice President Kamala Harris serving as the AI czar during a Twitter Spaces session. Musk emphasized the importance of regulatory oversight for AI and revealed that his latest venture, xAI, would collaborate with Tesla to enhance its self-driving capabilities. Musk was not invited to a meeting convened by the Biden administration with CEOs of four prominent U.S. companies driving AI innovation.

Portfolio Pulse from Ananya Gairola

July 15, 2023 | 4:27 am

META

TWTR

Elon Musk has highlighted Twitter's superior platform usage compared to Meta Platforms Inc.'s Threads, which is losing momentum after initial growth. Musk shared data showing a 3.5% week-over-week increase in Twitter's 'Total User Active Seconds'. Meanwhile, Threads has seen a decline in daily active users and app usage time. Twitter has also initiated payments to its creators through its ad revenue sharing program.

Portfolio Pulse from Ananya Gairola

July 15, 2023 | 2:41 am

CWBHF

Benzinga has highlighted a selection of new cannabis products for the summer. Eyce has launched a freezable smoking pipe, the Glacier. Exclusive Brands has added two new full THC and ratioed topical cream products to Neno's Naturals wellness line. Charlotte's Web Holdings has introduced ReCreate, a brand offering CBD gummies with functional botanicals. Native Roots Cannabis Co. has introduced the Gold Label Pre-Roll with a glass tip. Gelato Canna Co. has introduced Last Bite, a collection of waffle cone treats infused with THC.

Portfolio Pulse from Joana Scopel

July 14, 2023 | 9:20 pm

SONY

Sony Group Corp. (NYSE:SONY) has announced that preorders for its PlayStation Access Controller, designed to enhance the gaming experience for players with disabilities, will begin on July 21. The controller, which was unveiled at the Consumer Electronics Show in January, will be sold at a retail price of $89.99 USD and is set to launch worldwide on December 6.

Portfolio Pulse from Franca Quarneti

July 14, 2023 | 8:37 pm