Tesla’s Sales Decline, Cybertruck Explosion and Apple’s $95M Settlement | Ricker and Bon #407

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Tesla’s Annual EV Sales Drop for the First Time in Over a Decade Historic Decline: Tesla sold 1.79 million vehicles in 2024, marking its first annual sales drop in over a decade. Quarterly Miss: Delivered 495,570 vehicles in Q4, falling short of analyst expectations. Stock Reaction: Shares dropped 5.8% after the report despite rising 63% in 2024. Challenges: Shrinking demand, competition from BYD, and regulatory uncertainty under Trump loom over 2025. Growth Projections: Musk anticipates 20-30% growth in 2025, driven by new affordable EV models and robotaxis. Cybertruck Explosion Sparks FBI Investigation Settlement Overview: Apple to pay $95 million over Siri recording conversations without user consent. User Compensation: Eligible Siri device owners can claim up to $20 per device. Privacy Allegations: Siri accused of capturing and sharing private conversations via unintended activations. Tech Privacy Trends: Settlement follows similar cases—Amazon ($30M), Google ($391.5M), Meta ($650M). Apple’s Stance: Denies wrongdoing but agreed to settle to protect its privacy-centric brand image. AGI Valuation Benchmark: AGI (Artificial General Intelligence) markets are increasingly valued at $100 billion, setting the stage for tech companies like Tesla and Apple to align their innovations with exponential growth opportunities in AI-driven sectors. If you want a prize, send us a DM of your rating on Instagram / rickerandbon