Tesla-Better Financials & Rideshare Net; Google Assistant Adds Many IoT Devices; Amazon Pet Product Brand Launches
Posted: May 3, 2018 Filed under: Uncategorized | Tags: Amazon, Assistant, Autonomous ride-sharing service, Chewy, Earnings, Google, IoT, Model 3, Pet food, Petco, Petsmart, Tesla, Wag Leave a commentTesla managed to beat Wall Street expectations yesterday, with losses of $3.35 a share on revenue of $3.4 billion. Analysts expected them to lose $3.48 a share. Techcrunch.com reports that they hit 2270 Model 3 cars a week for 3 straight weeks in April. Elon Musk still says they will be cranking out 5000 a week by mid-summer. Musk still says the company will be profitable by 3rd quarter. Musk also said that from a purely technical standpoint, the company would e ready to launch an autonomous vehicle ride sharing network by the end of next year. He noted that it probably wouldn’t happen that fast, considering various government regulations and other issues. Analyst Gene Munster says there’s a 50/50 chance Tesla will field a ride sharing fleet by 2023, though.
On launch, Google Assistant only worked with a handful of Internet of Things devices. In fact, as recently as January…4 months ago…it still just connected with 1500. Now, according to 9to5google.com, Assistant can interface with some 5000 devices, including every major smart brand! Cameras, dishwashers, doorbells, dryers, lights, plugs, thermostats, security systems, switches, vacuums, washers, fans, locks, sensors, heaters, AC units, air purifiers, refrigerators, ovens…go crazy with IoT connected devices….Google can help you talk to them!
Amazon has launched its own line of pet products, called Wag. Bloomberg.com reports the first offering became available yesterday with dry dog food. It’s only available to Prime subscribers. Amazon is on doubt responding to Petco and Petsmart, which bought Chewy.com last year to enter the home delivery biz. Dog food is tough to sell online profitably because it’s heavy and expensive to ship. Having bought name brand dry cat food from Amazon, it’s only a couple bucks cheaper than at a store…but at least comes direct to your door.
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