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BMW Expects Half of Global Sales to be Electric by 2030

Mar.17 — While currently unaffected by the chip shortages, BMW CEO Oliver Zipse says they can’t exclude the prospect of factory stoppages “in the next couple of weeks or months.” He also talks about the roadmap for electric cars with Bloomberg’s Matt Miller.

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Mar.17 — While currently unaffected by the chip shortages, BMW CEO Oliver Zipse says they can’t exclude the prospect of factory stoppages “in the next couple of weeks or months.” He also talks about the roadmap for electric cars with Bloomberg’s Matt Miller.

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13 Comments

13 Comments

  1. Kerpaltheballer

    March 17, 2021 at 6:28 pm

    Tesla to the moon baby

    • puran singh

      March 17, 2021 at 6:31 pm

      Tesla is bubble ????????????

    • Kerpaltheballer

      March 17, 2021 at 6:35 pm

      @puran singh sure, if you value Tesla as just a car company, I’ll also call it an overvalued bubble.

      Thing is this company will boom even bigger with their energy business compared to the car business just as Amazon did with AWS and Apple with their Subscription Services/Ecosystem.

    • 3deaster

      March 17, 2021 at 9:32 pm

      @puran singh the biggest bubble is clear legacy auto and big oil

  2. VIncent Karaboulad

    March 17, 2021 at 6:40 pm

    In a way, I pity these poor CEOs, it’s not like they can publicly say « We’re only gonna shrink from now on, it’s gonna happen faster than we thought and we have no way to turn this ship around, sorry guys ».

    • 3deaster

      March 17, 2021 at 9:31 pm

      In 2016 when I was investing in TSLA people were telling me I should sale

      I was like fuck that…I’m glad I was stubborn

  3. Nuno Hipólito

    March 17, 2021 at 6:56 pm

    BMW is lagging and making bad looking cars

  4. lightgorm

    March 17, 2021 at 7:44 pm

    BMW IS completely lost.

  5. NuclearNow_SolarLater

    March 17, 2021 at 7:56 pm

    What % of electric cars in 2030 will have those ugly front grills or “bangle butt”????

  6. Bert Lammens

    March 17, 2021 at 7:56 pm

    ‘we follow the customer’ -> No leadership, leaders make the customer follow their vision

  7. Shawn Chou investing

    March 17, 2021 at 8:09 pm

    That’s the cue to buy TSLA

  8. mgdubya27

    March 17, 2021 at 11:43 pm

    I’m trading in my BMW for a Cybertruck.

  9. Z Z.

    March 18, 2021 at 12:53 am

    That’s it.BMW is done.In less than 20 years,this company will be bankrupt.Such a shame

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Bloomberg Technology

Microsoft’s Big Bets on AI Start to Pay Off

Microsoft Corp. reported better-than-expected cloud revenue, suggesting the company continues to reap the benefits of its massive investment in artificial intelligence. Sales at Azure were up 48%. Revenue from a commercial deal with OpenAI totaled $10 billion. Bloomberg’s Ed Ludlow and Anurag Rana of Bloomberg Intelligence report. ——– Like this video? Subscribe to Bloomberg Tech on…

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Microsoft Corp. reported better-than-expected cloud revenue, suggesting the company continues to reap the benefits of its massive investment in artificial intelligence. Sales at Azure were up 48%. Revenue from a commercial deal with OpenAI totaled $10 billion. Bloomberg’s Ed Ludlow and Anurag Rana of Bloomberg Intelligence report.
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Anthropic Weighs Offering 15%-20% of IPO to Retail Investors

Anthropic is weighing a retail offering of 15% to 20% of the shares available in the IPO, according to people familiar with the matter. Those sources say the company behind Claude has tapped JPMorgan Chase to lead the US retail offering. Bloomberg’s Ryan Gould discusses the plans with Ed Ludlow on “Bloomberg Tech.” ——– Like…

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Anthropic is weighing a retail offering of 15% to 20% of the shares available in the IPO, according to people familiar with the matter. Those sources say the company behind Claude has tapped JPMorgan Chase to lead the US retail offering. Bloomberg’s Ryan Gould discusses the plans with Ed Ludlow on “Bloomberg Tech.”
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Investors Eye AI Payoff in Microsoft, Alphabet Earnings

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Bloomberg’s Ed Ludlow breaks down expectations for Microsoft and Alphabet, which both report earnings after the bell, with Wall Street looking for proof that their massive AI investments are paying off. Plus, Bloomberg reports that Anthropic has tapped JPMorgan to lead the US retail offering for its potentially record-setting IPO. And, Apple is betting consumers will pay even more for a MacBook Pro with touch screens coming for the first time.

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