Tesla Now Valued More Than Ford | Crunch Report | Summary and Q&A

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April 4, 2017
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TechCrunch
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Tesla Now Valued More Than Ford | Crunch Report

TL;DR

Tesla's market value exceeds Ford's, Apple is creating its own GPUs, and Red Foo is a guest on the show.

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Questions & Answers

Q: How did Tesla's market value exceed that of Ford?

Tesla's market value rose as the company reported better-than-expected vehicle production and deliveries, while Ford faced recalls and a decline in sales.

Q: Why is Apple planning to stop using Imagination Technologies' IP?

Apple is aiming to build its own GPUs and has been hiring engineers from Imagination Technologies, indicating a shift away from their long-standing partnership.

Q: What are Red Foo's interests besides being a DJ?

Red Foo is also interested in tennis, day trading, and programming. He has created his own DJ app and is learning 3D printing.

Q: How did Red Foo get into day trading?

Red Foo got into day trading after a family competition to make money in the stock market. He initially lost money on penny stocks but now focuses on index trading.

Summary & Key Takeaways

  • Tesla's market cap surpasses Ford's as Tesla reports strong vehicle production and deliveries, while Ford recalls some trucks and sees a decline in sales.

  • Apple is planning to stop using Imagination Technologies' IP for future Graphics chips, resulting in a significant loss of revenue for the British tech firm.

  • Red Foo joins the show, discussing his various interests including DJing, tennis, day trading, and programming.

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