Tesla's loss and Elon Musk's new promises – TechCrunch

What a complicated week for Tesla.

The electric car manufacturer announced this week that it had lost more than $ 700 million in the first quarter of 2019, an unpleasant surprise for investors who came in the quarterly report. 19659002] But it was just like the third or fourth most interesting piece of Tesla news that took place this week. CEO Elon Musk also avoided writing another check to the SEC for his tweeting habit, and Tesla demonstrated some of his self-driving dreams at an event devoted to autonomy.

Let's look at the news hit one-time: 1[ads1]9659005] Let's first talk to Tesla money. Tesla, CFO Zachary Kirkhorn, called it on the Q1 earnings call to one of the most complicated quarters. Investors were already expecting a loss, but a number of factors led to a loss of $ 702 million following two-quarters of profitability. Musk had already said that deliveries were lower than expected, they ended up sending 63,000 cars, an almost one-third drop from the previous quarter. Add it to the partial expiry of the federal electric car tax rebate and there are some answers, but still some lingering questions.

• The company's Autonomy Day was not just about trouncing the soon-to-be public Uber on its own turn-sharing turf, the company has also popped into the hardware, especially the new "full self-driving" computer that already has started shipping in new model 3, s and x models. If you see – not very close – you see that there are actually two independent computers designed around redundancy, so there is no room for failure to leave drivers at risk.
• Finally, on Friday, we learned that Musk and SEC had reached an agreement that allowed him to keep cash and his Twitter account and avoid being disdained by the first deal. The range of the deal gave Musk a list of topics (list here) that he must get pre-approval from Tesla in order to discuss, a solution that is probably good for everyone, especially the Tesla officials who probably would not have babysitter Elon tweeting about anime.

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Trends of the week

Here are a few great news items from big companies , with green links to all the cute, cute added contexts.

• Know when to fold them
  Well, as an update to last week " Is Samsung unfolding a flop? " the question, it seems that Samsung decided it was probably just that, so it has indefinitely delayed Galaxy Fold's release for a better understanding of what was wrong with the phone's flexible OLED display. More bizarre: iFixit published a teardown that raised some problems with the phone's build, and then brought the post after Samsung requested removal through an iFixit partner.
• Give us this day, our one-day shipping [19659015] Amazon is ready to make one day's Prime Shipping standard once . There are tens of millions of Prime subscribers in the US, but while Amazon has bumped up the annual prize, they have been trying to sweet the deal with the media guys who feel here or miss sometimes. Making a day's Prime Shipping standard would be a game switch.
• Comcast eyes a Hulu adieu
  Hulu, who was once the intricate source of love of anchored TV network powers, it has become full – at Disney production so late After picking up a big piece in The 21st Century Fox deal and a little more from AT&T's Time Warner sales, Disney is reportedly in talks to buy the remaining 33 percent stake in the Comcast company, which would make Hulu an all-Disney affair. 19659000]

I broke this
Mark Zuckerberg has a new podcast, read more about why, and listen to it here.

Special guest

I'm not the first to go wild about corporate IT, but Box CEO Aaron Levie just published a guest post on TechCrunch about how the world of corporate software has become much more exciting over the past decade. Check it out.

"… We have reached a new era of enterprise software, and businesses come to this model in the run. What seemed incredible just a decade ago is now common."

Photo by Paul Marotta / Getty Images [19659021] GAFA Gaffes

How do the top tech companies turn this week? This clearly needs its own section, in order of horror:

1. Facebook gets drilled 3X. Kind of cheating because there is a list, but I'm about efficiency:
   [ Facebook hit with three privacy surveys on a single day ]
2. Facebook preps for an upcoming big privacy error: [19659024] [ Facebook reserves $ 3B for future FTC fine ]

Extra Crunch

Our premium subscription service continues to cut out some awesome long-read channels for our staff niche occupations. We had a good time this week on the difficulties associated with deciding on Huawei's company ownership, especially when that owner was only the Chinese Communist Party.

"… despite the sale of 59 million smartphones and netting $ 27 billion in revenue last quarter in its first – Always public earnings report this morning, a strange and buzzing question throws the world's number two handset manufacturer behind Samsung. Who owns Huawei ? "

Here are some of our other top readers this week for premium subscribers – our employees seemed to write a lot about pitching stories this week …

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