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Bloomberg Technology

Tesla Deliveries Increase and Apple Readies Low-End iPhone

Oct 2, 2024
The CEO of Pinterest joins to share insights following the company's advertising event. They discuss how AI is reshaping the platform, particularly in reaching Gen Z shoppers through augmented reality. Additionally, they delve into Tesla's quarterly sales disappointments and what that means for the electric vehicle market. The conversation also touches on Apple's upcoming low-end iPhone and how it fits into its broader market strategy, reflecting the ever-evolving landscape of technology and consumer behavior.
41:59

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Podcast summary created with Snipd AI

Quick takeaways

  • Despite Tesla's quarterly sales increase, the company's deliveries fell short of Wall Street expectations, raising concerns about its growth sustainability.
  • Apple is preparing to launch a new low-end iPhone, reflecting its strategy to capture a broader market amidst changing consumer demands.

Deep dives

Navigating AI Investment Opportunities

Artificial intelligence continues to significantly influence the stock market, yet most leading AI companies are privately held, making direct investment challenging for retail investors. There is a growing recognition of institutions emphasizing the importance of AI-related investments, particularly in infrastructure and innovative technologies. One perspective suggests that investors should consider infrastructure related to AI, including digital services and energy capacity, to capitalize on the rising demands from AI technologies. By diversifying investments into sectors like semiconductor production, cloud services, and energy provision, there's potential for lucrative returns as AI becomes increasingly integrated into different industries.

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