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Tech

Tesla shares on track for worst month ever

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It’s been a wild ride for Tesla shares, which are on track for their worst month ever

Tesla’s recent sell-off has deepened over worries about softening demand for electric cars and Elon Musk’s distraction with Twitter.

Tesla stocks dropped almost 10 per cent on Thursday to their lowest level since September 2020.

Dan Ives from Wedbush Securities said Musk’s recent poll to remove himself as Twitter CEO is a win for the car manufacturer.

“With the poll closing this morning, it appears Musk’s reign as CEO of Twitter will come to end and thus be a major positive for Tesla’s stock starting to slowly remove this albatross from the story.”

DAn ives, wedbush securities

Tesla’s website showed it was offering discounts on Model 3 and Model Y electric vehicles delivered in the U.S. this month.

Tesla’s stock has tumbled 36 per cent so far in December.

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Leaders

AI and data sovereignty set to lead business innovations in 2025

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As businesses embrace cutting-edge tech, challenges like data sovereignty and AI are taking centre stage.

 

Over the past six months, the AI industry has seen significant advancements, with competing models such as Meta’s Luma and Google’s Gemini entering the market.

However, these developments come with a reality check. Building large language models (LLMs) requires substantial computing power and time, making immediate returns on investment unlikely.

One promising innovation is agentic AI, a step beyond generative AI, which enables proactive, automated solutions.

For instance, this technology could stabilise IT systems autonomously, diagnosing and resolving issues without human intervention.

Data sovereignty has also emerged as a key focus, with increasing emphasis on keeping data within national borders to comply with local laws. This has driven the adoption of sovereign clouds and private data centres, ensuring secure and localised data processing for AI development.

Deepak Ajmani, Vice President of ANZ & APAC Emerging Markets at Confluent, joins to discuss the evolving business landscape.

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Shows

Copilot redefines the modern workday

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Unlocking efficiency and customer success with AI-powered tools

The Tech Edge is a captivating business IT talk show delving into the latest industry trends and their significance in today’s landscape.

In this episode, Mike delves into the transformative power of Microsoft 365 Co-Pilot with Laura Morales, Customer Success Manager at AvePoint.

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Shows

Organisations overcome challenges in AI implementation

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Key lessons and tips for seamless Copilot adoption

In this episode, Kate Faarland, the Senior Vice President of Data and AI Programs at AvePoint, discusses the importance of AvePoint’s data and AI program, internal challenges with implementing CoPilot, and the organisation’s learnings from rolling out CoPilot for their workforce.

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