By , , Tesla’s market cap dropped $20 billion in just two hours after trading closed Tuesday, as Musk and other Tesla executives presented their new battery and manufacturing strategies. Shares closed down 5.6% and dropped another 6.9% after hours.“Nothing Musk discussed about batteries is a done deal,” said Roth Capital Partners analyst Craig Irwin. “There was nothing tangible.”Investors had expected two significant announcements at Musk’s oft-touted “Battery Day”: The development of a “million mile” battery good for 10 years or more, and a specific cost reduction target -- expressed in...…By , , Tesla’s market cap dropped $20 billion in just two hours after trading closed Tuesday, as Musk and other Tesla executives presented their new battery and manufacturing strategies. Shares closed down 5.6% and dropped another 6.9% after hours.“Nothing Musk discussed about batteries is a done deal,” said Roth Capital Partners analyst Craig Irwin. “There was nothing tangible.”Investors had expected two significant announcements at Musk’s oft-touted “Battery Day”: The development of a “million mile” battery good for 10 years or more, and a specific cost reduction target -- expressed in...WW…

By , , In a stark illustration of Zoom’s security issues, officials at Berkeley High School in California said they suspended use of the app after a “naked adult male using racial slurs” intruded on what the school said was a password-protected meeting on Zoom, according to a letter to parents seen by Reuters.Taiwan and Germany have already put restrictions on Zoom’s use, while Elon Musk’s SpaceX has banned the app over security concerns. The company also faces a class-action lawsuit.A Berkeley school district spokeswoman said it was possible a password had been shared, allowing the...…By , , In a stark illustration of Zoom’s security issues, officials at Berkeley High School in California said they suspended use of the app after a “naked adult male using racial slurs” intruded on what the school said was a password-protected meeting on Zoom, according to a letter to parents seen by Reuters.Taiwan and Germany have already put restrictions on Zoom’s use, while Elon Musk’s SpaceX has banned the app over security concerns. The company also faces a class-action lawsuit.A Berkeley school district spokeswoman said it was possible a password had been shared, allowing the...WW…

By , , In a stark illustration of Zoom’s security issues, officials at Berkeley High School in California said they suspended use of the app after a “naked adult male using racial slurs” intruded on what the school said was a password-protected meeting on Zoom, according to a letter to parents seen by Reuters.Taiwan and Germany have already put restrictions on Zoom’s use, while Elon Musk’s SpaceX has banned the app over security concerns. The company also faces a class-action lawsuit.A Berkeley school district spokeswoman said it was possible a password had been shared, allowing the...…By , , In a stark illustration of Zoom’s security issues, officials at Berkeley High School in California said they suspended use of the app after a “naked adult male using racial slurs” intruded on what the school said was a password-protected meeting on Zoom, according to a letter to parents seen by Reuters.Taiwan and Germany have already put restrictions on Zoom’s use, while Elon Musk’s SpaceX has banned the app over security concerns. The company also faces a class-action lawsuit.A Berkeley school district spokeswoman said it was possible a password had been shared, allowing the...WW…

By , (Reuters) - Tesla Inc was set to add about $50 billion to its market value as the electric car-maker’s shares surged on Monday, after it posted record deliveries on strong demand in China that helped it offset the impact of a global shortage in auto parts.The stock jumped nearly 8% in pre-market trading and it was on track to hit its highest in over a month.The company said on Friday it was encouraged by the strong reception of its Model Y crossover in China and it was quickly progressing to full production capacity.Analysts remained hopeful as despite a global chip shortage that has...…By , (Reuters) - Tesla Inc was set to add about $50 billion to its market value as the electric car-maker’s shares surged on Monday, after it posted record deliveries on strong demand in China that helped it offset the impact of a global shortage in auto parts.The stock jumped nearly 8% in pre-market trading and it was on track to hit its highest in over a month.The company said on Friday it was encouraged by the strong reception of its Model Y crossover in China and it was quickly progressing to full production capacity.Analysts remained hopeful as despite a global chip shortage that has...WW…

By (Reuters) - Tech billionaire Peter Thiel-backed data analytics firm Palantir Technologies Inc on Tuesday signaled revenue growth would slow this year, casting a shadow on its better-than-expected quarterly results and sending its shares down 9%.Slideshow The company forecast a revenue growth of 30% in 2021, slower than the 47% rise in 2020 when it added large government contracts, including those from the U.S. Army and Air Force.Known for its work with the Central Intelligence Agency and other government agencies, Palantir has also been partnering with big private sector names including...…By (Reuters) - Tech billionaire Peter Thiel-backed data analytics firm Palantir Technologies Inc on Tuesday signaled revenue growth would slow this year, casting a shadow on its better-than-expected quarterly results and sending its shares down 9%.Slideshow The company forecast a revenue growth of 30% in 2021, slower than the 47% rise in 2020 when it added large government contracts, including those from the U.S. Army and Air Force.Known for its work with the Central Intelligence Agency and other government agencies, Palantir has also been partnering with big private sector names including...WW…

By , , Tesla’s market cap dropped $20 billion in just two hours after trading closed Tuesday, as Musk and other Tesla executives presented their new battery and manufacturing strategies. Shares closed down 5.6% and dropped another 6.9% after hours.“Nothing Musk discussed about batteries is a done deal,” said Roth Capital Partners analyst Craig Irwin. “There was nothing tangible.”Investors had expected two significant announcements at Musk’s oft-touted “Battery Day”: The development of a “million mile” battery good for 10 years or more, and a specific cost reduction target -- expressed in...…By , , Tesla’s market cap dropped $20 billion in just two hours after trading closed Tuesday, as Musk and other Tesla executives presented their new battery and manufacturing strategies. Shares closed down 5.6% and dropped another 6.9% after hours.“Nothing Musk discussed about batteries is a done deal,” said Roth Capital Partners analyst Craig Irwin. “There was nothing tangible.”Investors had expected two significant announcements at Musk’s oft-touted “Battery Day”: The development of a “million mile” battery good for 10 years or more, and a specific cost reduction target -- expressed in...WW…