Science and Tech

Elon Musk’s ‘successful failure’ formula exemplified by SpaceX rocket explosion.

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On Thursday, experts stated that the recent detonation of SpaceX’s fresh Starship rocket, just moments after its lift-off on its debut test flight, provides a striking example of the “successful failure” business strategy that effectively benefits Elon Musk’s company. This incident occurred on April 20 in Los Angeles and was reported by Reuters. the blazing … Read more

After reducing prices of their vehicles, Tesla’s profits decreased by 25%

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In the first quarter, the electric car manufacturer recorded profits of $2.5 billion, marking a 24% decrease compared to the same period last year. Elon Musk’s electric vehicle company, Tesla, experienced a decline in its first-quarter earnings due to the impact of price cuts on profit margins, despite the boost in demand. Although revenues increased … Read more