Latest Austin News
Tesla 1Q profit falls 55%, but stock jumps as company moves to speed production of cheaper vehicles
Tesla’s first-quarter net income plummeted 55%, but its stock price surged in after-hours trading Tuesday as the company said it would accelerate production of new, more affordable vehicles. The Austin, Texas, company said it made $1.13 billion from January through March compared...
Transgender Louisianans lost their ally in the governor's seat. Now they're girding for a fight
BATON ROUGE, La. (AP) — As transgender people in Louisiana watched surrounding states in the deeply conservative South implement a slew of laws targeting nearly every facet of their lives in recent years, they counted on their ally in the governor’s office to keep their home a relative oasis. ...
Rigoni, Stuver propel Austin to 1-0 victory over Dynamo
HOUSTON (AP) — Emiliano Rigoni scored late in the second half and Brad Stuver finished with six saves to help Austin FC cool off the Houston Dynamo with a 1-0 victory on Saturday night. Rigoni scored for the first time this season — in the 88th minute — off CJ Fodrey's first...
Tesla cuts US prices for 3 of its electric vehicle models after a difficult week
Tesla knocked $2,000 off the prices of three of its five models in the United States late Friday, another sign of the challenges facing the electric vehicle maker led by billionaire Elon Musk. The company cut the prices of the Model Y, a small SUV which is Tesla's most popular model...
Taylor Swift’s ‘The Tortured Poets Department' is here. Is it poetry? This is what experts say
NEW YORK (AP) — Taylor Swift has released her 11th studio album, “The Tortured Poets Department.” But just how poetic is it? Is it even possible to close read lyrics like poems, divorced from their source material? The Associated Press spoke to four experts to...
Tesla shares tumble below $150 per share, giving up all gains made over the past year
Tesla's stock tumbled below $150 per share, giving up all of the gains made over the past year as the electric vehicle maker reels from falling sales and steep discounts intended to lure more buyers. Shares in the Elon Musk-owned company slid nearly 4% in intraday trading Thursday,...
Tesla plans to lay off 10% of workforce after dismal quarterly sales, multiple news outlets report
DETROIT (AP) — After reporting dismal first-quarter sales, Tesla is planning to lay off about a tenth of its workforce as it tries to cut costs, multiple media outlets reported Monday. CEO Elon Musk detailed the plans in a memo sent to employees. The layoffs could affect about...
Biden administration agrees to provide $6.4 billion to Samsung for making computer chips in Texas
WASHINGTON (AP) — The Biden administration has reached an agreement to provide up to $6.4 billion in direct funding for Samsung Electronics to develop a computer chip manufacturing and research cluster in Texas. The funding announced Monday by the Commerce Department is part of a...
Kyle Larson is on the pole for the 3rd NASCAR Cup race in a row, this time in Texas
FORT WORTH, Texas (AP) — Kyle Larson will be the pole sitter for the third NASCAR Cup race in a row after a fast lap of 190.369 mph in qualifying Saturday at Texas Motor Speedway. This is the 250th pole ever for Hendrick Motorsports and the team's fourth in a row. That stretch...
Convicted murderer charged in two new Texas killings offers to return to prison in plea
AUSTIN, Texas (AP) — A convicted murderer who was released early from a Texas prison in 1993 and now faces two new murder charges offered Thursday to enter a plea and return to prison for 50 years in exchange for avoiding going to trial and facing a possible death sentence — an offer that...
