🚀 Tesla’s Value Drops $60B

PLUS: Boeing raised $25 billion, and TikTok was sued by 12 U.S. states.

Dear founder, here’s your 3-minute recap (without the fluff):

  • Free, all-in-one AI assistant that analyzes, drafts, and automates across your work apps (More)

  • Tesla’s value drops $60B after investors fail to hail self-driving ‘Cybercab’ (link)

  • Boeing plans to raise up to $25B in shares or debt to shore up its balance sheet amid a machinists' strike and other challenges (link)

  • TikTok sued by US states for allegedly harming teen mental health (link)

  • New tools, resources, funding updates & job postings

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🛠️ Tools

Want to become an AI consultant? Prompts Daily readers get early access to The AI Consultancy Project*. Request early access

Athina AI - Manage LLMs in production by detecting and fixing hallucinations while efficiently managing prompts, all in a single interface (link)

Symbolab - A powerful online math solver that can help you tackle any math problem, from basic arithmetic to advanced calculus (link)

MagicForm - A no code high-quality sales rep that books qualified appointments for you day and night (link)

Clipdrop - An AI-powered tool that allows you to create stunning visuals in seconds (link)

Freepik - An online platform that provides a vast collection of high-quality design assets (link)

Tidalflow - Helps to create, guide, and adapt workout plans to the rhythm of your life (link)

Lemlist - Helps to build your lead list with verified emails, write and personalize at scale, and send cold emails that actually get customers (link)

Sprout Social - An all-in-one social media management platform that unlocks the full potential of social to transform not just your marketing strategy (link)

Phrasee - Uses AI to generate billions of marketing messages to your clients (link)

📚 Resources

This gentleman built a $300B empire and pledged 66% of it to charity (link)

5 interesting takeaways from Elon Musk's journey (link)

A visual breakdown of The 48 Laws of Power by Robert Greene (link)

"How to run a company" by Japanese philosophy (link)

PS. If you’re interested in this AI stuff, you should sign up for our other newsletter - Prompts Daily. It has 100,000+ readers (Executives, VCs, and engineers).

💰 Funding

Healthcare startup Suki raises $70M to build AI assistants for hospitals (link)

Omnea raises $20M for AI-powered procurement and supplier risk management (link)

💼 Job Board

Content Business Strategist at Adobe (US)

Senior Machine Learning Engineer at Samsara (Remote)

💌 Etcetera

1 assistant for everything work-related

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When brains and computers meet

When did humans first start to speak?

25 greatest warriors history has ever seen

20 countries with highest tea consumption per capita

10 surprising stats that will change how you see the world

The mysterious underground city found in a man’s basement

The 21 weirdest, most hilarious things you can buy on Amazon

How humans shaped the evolution of the world’s most common bird

Scientists grow diamonds from scratch in 15 minutes thanks to groundbreaking new process

🗞️ News

Tesla’s Value Drops Nearly 9%

Tesla's stock fell nearly 9% on Friday erasing about $60 billion in market value after the unveiling of its Cybercab Robotaxi failed to impress investors. CEO Elon Musk announced production plans for the vehicle by 2026 at a target price of under $30,000 but provided few details on timelines or functionality. Analysts criticized the event for lacking substantive information expressing disappointment over the absence of updates on other anticipated models. The stock has now declined roughly 12% year-to-date.

Boeing Raised $25 Billion

Boeing announced plans to raise up to $25 billion through stock or debt offerings over the next three years to strengthen its financial position amid ongoing challenges. The company has secured a $10 billion credit agreement with banks to enhance liquidity as it faces a prolonged machinist strike impacting production.

Boeing's shares have dropped nearly 42% this year, and analysts predict it may raise between $10 billion and $15 billion in equity first. The strike and operational issues have heightened concerns about potential credit downgrades from agencies.

TikTok Sued By 12 U.S. States

More than a dozen U.S. states have sued TikTok, claiming the platform worsens mental health issues among teenagers. A group of 14 state attorneys general says TikTok uses addictive features and misrepresents its safety for young users.

The lawsuits highlight concerns about harmful notifications and beauty filters that affect body image. TikTok has called the claims disappointing and insists it prioritizes user safety. The lawsuits aim to hold the company accountable and seek financial penalties. Other social media platforms have faced similar legal challenges over their effects on youth mental health.

That’s it for now!

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