Tesla's financial report: Understand it all in one place!

On October 26th, after the U.S. stock market closed, chip giant Intel released its Q3 2023 financial report. The report showed that Intel's total revenue in the third quarter fell 8% year-on-year to $14.16 billion, marking the seventh consecutive quarter of declining sales, although it was still higher than the market expectation of $13.53 billion. In the second quarter, revenue had previously dropped 15% year-on-year, and the company expects revenue to return to growth in the fourth quarter. However, the sales of the Network and Edge Group (NEX), which includes IoT and other segments, fell 32% year-on-year to $1.5 billion. More importantly, the server chip division, named "Data Center and Artificial Intelligence," has yet to recover growth, with third-quarter revenue declining 10% year-on-year to $3.8 billion. Facing multiple competitive pressures, do you think Intel can turn the tide in the AI era?

On October 26th, after the U.S. stock market closed, chip giant Intel released its Q3 2023 financial report. The report showed that Intel's total revenue in the third quarter fell 8% year-on-year to $14.16 billion, marking the seventh consecutive quarter of declining sales, although it was still higher than the market expectation of $13.53 billion. In the second quarter, revenue had previously dropped 15% year-on-year, and the company expects revenue to return to growth in the fourth quarter. However, the sales of the Network and Edge Group (NEX), which includes IoT and other segments, fell 32% year-on-year to $1.5 billion. More importantly, the server chip division, named "Data Center and Artificial Intelligence," has yet to recover growth, with third-quarter revenue declining 10% year-on-year to $3.8 billion. Facing multiple competitive pressures, do you think Intel can turn the tide in the AI era?

In the AI era, can Intel win a comeback?

Elon Musk announced that Tesla will stop selling FSD on Valentine's Day, switching to a membership model at $199/month, with a one-time payment of $8,000 required for permanent usage rights before that date. The design of Tesla's AI5 chip is nearing completion, with a 5-fold increase in computing power, aiming to reduce costs and power consumption, supporting future autonomous taxis and robots. Tesla also plans to build a new chip factory to meet demand and has updated its brand mission to "build an extraordinary and abundant world."

- Recent developments at Tesla include discontinuing FSD sales on February 14, shifting to a $199 per month subscription model.  
- The new AI5 chip design aims to significantly enhance capabilities for FSD and other applications while focusing on cost efficiency.  
- Concerns are rising over Tesla’s pricing strategies and user adoption rates, as FSD's monthly subscription could lower long-term usage benefits amidst ambitious growth targets for the company.

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Elon Musk's Valentine's Day "self-castration"! For personal gain, or for the benefit of all humanity?