Galileo Russell, author at Seeking Alpha and founder of Hyperchange TV, discusses why he is still betting big on Tesla.
Cheddar Anchor, Kristen Scholer presses him on whether investors should be worried about the fact that the company has yet to be profitable. Russell adds that profitability shouldn't be a concern because he doesn't think that's the company's goal right now.
He estimates that by the end of the year, Tesla stock will be worth $400 a share if it's able to meet Model 3 demands.
Artificial intelligence is revolutionizing how people work, including in creative industries. The famous Tribeca Film Festival featured some projects recently that used A.I. that some filmmakers say make it more creative. Cheddar News took a peek at some of those films.
The Department of Energy and several other federal agencies were compromised in a Russian cyber-extortion gang's global hack of a file-transfer program popular with corporations and governments, but the impact was not expected to be great, Homeland Security officials said Thursday.
Rivian is expanding into New York City and launching its first showroom there. Cheddar News took a look at the showroom in NYC that the company is calling "spaces," which is intended to be experiential retail locations to woo new customers.