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Technology

Asides

Musk warns of ‘enormous challenges’ for Tesla Cybertruck production and pricing

Tesla’s reinterpretation of the pickup truck should arrive in November, though at low volume. And the company’s billionaire CEO declined to provide a 2024 sales target.

  • By Alan Ohnsman
  • Forbes Staff

Iron and rust could be the secret to storing clean power for days 

Form Energy, led by a former Tesla executive and backed by Bill Gates’s Breakthrough Energy Ventures and TPG, sees iron and rust as a low-cost solution to storing surplus energy for more than four days. 

  • By Alan Ohnsman
  • Forbes Staff

Musk confirms X subscription tiers coming ‘soon’

X, formerly known as Twitter, is launching two tiers of premium subscriptions.

  • By Britney Nguyen

Brewing prescription drug ingredients like they were beer 

Backed by US$120 million in venture funding, Stanford professor Christina Smolke’s company Antheia just completed its first scaled production of a key drug ingredient. 

  • By Alex Knapp
  • Forbes Staff

Elon Musk loses $24 billion after Tesla stock falls roughly 9%

Tesla stock fell after a poor earnings report and ominous statements from CEO Elon Musk.

  • By William Skipworth
Employment Hero Ben Thompson

HR ‘double unicorn’ Employment Hero valued at $2bn after $263 million raise

Tech unicorn Employment Hero has announced a $263 million Series F round to fuel its rapid global expansion, the company revealed on October 19.

  • By Anastasia Santoreneos
  • Journalist & List Editor

The great rebalancing: How we can get the most out of the Aussie tech sector

Australia’s tech industry has been shocked by the scale of repeated local layoffs this year. 

  • By Ben Thompson - Contributor

Three Aussie entrepreneurs to watch

Forbes Australia picks out the three Aussie entrepreneurs who are making waves in the startup space right now.

  • By Rosie Whittaker
  • Forbes Staff

‘Markets flummoxed’: Experts weigh in on Israel-Hamas war

While markets initially had a knee-jerk reaction to the Israel-Hamas war, with higher oil prices and lower bond yields, they’ve since calmed down, with the S&P 500 closing 1.5% higher on October 17.

  • By Anastasia Santoreneos
  • Journalist & List Editor

Netflix earnings: Subscribers swell to record 247 million as stock soars

Netflix reported nine million net subscriber additions exceeded analyst estimates.

  • By Derek Saul
  • Forbes Staff
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