|Day's Range||117.68 - 124.05|
Big tech leaders are calling for a six-month pause on experiments for A.I. systems more powerful than GPT-4. Tesla & Twitter CEO Elon Musk, Apple Co-Founder Steve Wozniak, and 2020 presidential candidate Andrew Yang are three of the 1,000+ signatories on an open letter saying A.I. systems can have "profound risks to society and humanity." Yahoo Finance’s Dave Briggs breaks down why despite some valid concerns brought up in the letter, Elon Musk is the wrong person to spread this message. Yahoo Finance’s Seana Smith joins in to discuss the A.I. race. Key video moments 00:12 On who signed the letter 00:32 On Elon Musk’s messaging 01:28 On Musk’s time at Twitter 01:40 On popularity of ChatGPT 02:00 On Bill Gates’ opinion 02:30 On the irony of Musk signing the letter 03:20 On Musk being a founder of OpenAI
Elon Musk-led Tesla Inc has missed its solar-roof installation targets by a big margin due to stiff competition from GAF Energy and other rivals, according to industry analysis firm Wood Mackenzie. Tesla's average installations per week were just 21 in 2022 and its best quarter saw 32 systems installed per week. "GAF Energy's Timberline Solar roofing system is better-positioned to achieve widespread adoption," said Max Issokson, analyst at Wood Mackenzie.
Tesla (NASDAQ: TSLA) was a first-mover. Investors have fiercely debated the company's stock, which trades at a hefty premium to those of competitors like Ford and General Motors. One could argue that Tesla is a car company with money-sucking capital requirements like any other automotive maker.