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Tesla CEO Elon Musk claimed on Thursday that his company's Optimus humanoid robots could eventually make the automaker worth more than half of that. As for shareholder value, Musk said Optimus could be the catalyst for lifting Tesla's market cap to $25 trillion someday. The company, he predicted, will have "over 1,000, or a few thousand, Optimus robots working at Tesla" in 2025. Getting to a $25 trillion market cap would mean that Tesla would be worth about eight times Apple's value today. He did say that autonomous vehicles could get the company to a market cap of $5 trillion to $7 trillion.

Persons: SeongJoon Cho, Elon Musk, Tesla, Optimus, Musk Organizations: Tesla Inc, Seoul Mobility, Bloomberg, Getty, Optimus, Star Wars, EV, world's, Microsoft Locations: Goyang, South Korea, Austin , Texas, Thursday's

☆ I'm an only child who was raised by my grandmother. My childhood was lonely, but I'm still choosing to be child-free.
▼ + stars: | 2024-06-13 | by ( Marissa Higgins | ) www.businessinsider.com time to read: +5 min

I´m in my 30s, but I joke that I´ve been a grandma since birth. I'm an only child, and my grandmother raised me while my parents were out of the picture. My grandmother's house was on a peninsula, a seven-mile stretch of the Atlantic on the south shore of Massachusetts. I'd never been able to see my grandmother from the water and dreaded seeing her become a blurry speck on shore. I also don't trust myself to teach someone about the world when I´ve barely figured it out myself.

Persons: I'm, aren't, ´, couldn't, I'd, —, I've, Lasik, It's, wouldn't Organizations: Service, Pride Locations: Massachusetts, New York, Boston, Atlanta, Seattle, Caribbean, Iceland, Montreal, France

☆ Whole Foods CEO shares the No. 1 red flag he sees in employees: I learned it 'the hard way'
▼ + stars: | 2024-06-12 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

It's "somebody who thinks they know the answer to absolutely everything," Buechel, the CEO of Amazon-owned grocery chain Whole Foods, tells CNBC Make It. Sticking to one way of doing things, or failing to consider other people's points of view, can significantly stunt your growth and hinder your company, he adds. His top red flag for employees hits close to home, he says: He hasn't always been the most adaptable person. "And I learned the hard way that you have to be flexible, especially in today's world. Adaptable bosses can consistently adjust to their new personnel, and adaptable employees can proactively find new ways to contribute.

Persons: Jason Buechel's, It's, Buechel, John Mackey, hasn't, Andy Jassy, Jassy, LinkedIn's, There's Organizations: Amazon, CNBC

☆ US college instructor David Zabner recounts surviving stabbing in China to Iowa public radio
▼ + stars: | 2024-06-12 | by ( Nectar Gan | ) edition.cnn.com time to read: +4 min

“Police told us that he was unemployed and down on his luck, and that somebody in our group bumped into the man,” Zabner told Iowa Public Radio News from his hospital room. I’ve been stabbed.’”Zabner was stabbed in the arm 6 inches below his shoulder, and paramedics arrived roughly 20 minutes later, he told Iowa Public Radio News. Cornell College instructor David Zabner survived the stabbing attack in Jilin, China. Zabner joined the program in November 2019 to teach computer science courses at Beihua University, according to Iowa Public Radio News. Zabner’s brother, Iowa state Rep. Adam Zabner, told CNN that his sibling was “doing well” and “has been stitched up and seems to be recovering,” after speaking to him on Tuesday.

Persons: Hong Kong CNN —, David Zabner, “, ”, Cui, ” Zabner, didn’t, I’ve, ’ ” Zabner, Adam Zabner, Zabner, Nicholas Burns, “ I’m Organizations: Hong Kong CNN, Cornell College, Police, Ministry, “ Police, Iowa Public Radio News, Cornell, Foreign Ministry, Jilin police, US State Department ., Beihua University, Iowa Public Radio, CNN Locations: Hong Kong, American, China, Jilin, Beishan, Iowa, Jilin Hospital

☆ Vintage polaroids of female prisoners paint an intimate picture of womanhood and identity
▼ + stars: | 2024-06-12 | by ( Zoe Whitfield | ) edition.cnn.com time to read: +6 min

CNN —What is perhaps most striking about the 32 photographs that make up Jack Lueders-Booth’s new book, “Women Prisoner Polaroids,” is the intimacy that occupies each frame. For that reason, (when I was there) the inmates wore domestic clothes and prison guards were also un-uniformed. I was doing photography for them, making portraits for their annual reports, and sometimes processing family photographs,” said Lueders-Booth. “Over the years, my photographs were appearing on their walls as part of their photo collections, which was very rewarding. While it is true, other things are true, and many other things are perhaps more true.”

Persons: Jack Lueders, Polaroids, Mick Jagger, “ Miriam Van Waters, “, ”, Booth, Van Waters, ‘, Laura — “, —, I’d, Lueders Organizations: CNN, Correctional Institute Framingham, Northeastern University, Harvard’s Graduate School of Education, MCI, Framingham, Lueders Locations: Massachusetts, Booth, serendipitous, Framingham

☆ 3 actions extraordinary people take to achieve what seems impossible, from the co-founder of Moderna
▼ + stars: | 2024-06-11 | by ( Alex Koller | ) www.cnbc.com time to read: +3 min

If you need to tackle an improbable challenge, the right mindset — "a special kind of optimism" — can help, according to Moderna co-founder and chairman Noubar Afeyan. Specifically, Afeyan — who has an estimated net worth of $1.5 billion, according to Forbes — said that "extraordinary change agents" take three actions to achieve what seems impossible:They imagine. Imagination plays a crucial role "in accomplishing impossible missions," Afeyan said: You typically need to think creatively to come up with new, original ideas. But ask yourself one central question: Why do we expect extraordinary results from reasonable people doing reasonable things?" "You need to leave your comfort zone, to think in new ways, to acclimate to the unfamiliar and embrace uncertainty."

Persons: Noubar Afeyan, he's, Afeyan —, Forbes —, Afeyan, Allison Butler, Butler Organizations: Moderna, Massachusetts Institute of Technology, MIT, Sloan School of Management, Bryant University, CNBC Locations: Lebanon, Canada, Massachusetts, Cambodia, California, Cambridge, acclimate

☆ Nvidia's CEO never schedules one-on-one meetings—unless someone specifically asks for it: ‘Then I’ll drop everything’
▼ + stars: | 2024-06-11 | by ( Alex Koller | ) www.cnbc.com time to read: +3 min

Jensen Huang doesn't schedule one-on-one meetings with the people who report to him — but that doesn't mean he has no time for them. The billionaire Nvidia CEO and co-founder revealed that aspect of his managerial style during a talk at Stanford University in March. DON'T MISS: The ultimate guide to becoming a master communicator and public speakerIn Huang's case, scheduling 55 recurring one-on-one meetings could fill up a calendar quickly. A fully booked planner carries psychological ramifications, too, Yale University psychology professor Laurie Santos said at SXSW in March. To fend it off, Santos suggested going through your to-do list and figuring out which items don't actually need to be scheduled.

Persons: Jensen Huang, Huang, Steve Jobs, Jeff Bezos, Bezos, Lex, Laurie Santos, Santos Organizations: Nvidia, Stanford University, Apple, Microsoft, Yale University, SXSW, CNBC

☆ I’ve spent 30 years studying what makes leaders mentally strong—here are 6 essential ways they excel
▼ + stars: | 2024-06-11 | by ( Scott Mautz | In Scottmautz | ) www.cnbc.com time to read: +7 min

A mentally strong leader is one with the ability to regulate their emotions, thoughts and behaviors to achieve exceptional outcomes. I've spent 30 years studying what makes leaders — and people in general — mentally strong. I discovered in my research that they display their mental strength across six essential "tests of leadership" that most directly link to exceptional achievement. DON'T MISS: The ultimate guide to becoming a master communicator and public speaker Mentally strong leaders excel when it comes to:1. He is the author of "The Mentally Strong Leader: Build the Habits to Productively Regulate Your Emotions, Thoughts, and Behaviors."

Persons: I've, —, Sparks, Scott Mautz, He's Organizations: Spurs, Procter & Gamble, LinkedIn

☆ 4 theories to help explain why you dream: 'The dreaming brain is as active as the waking brain,' neuroscientist says
▼ + stars: | 2024-06-11 | by ( Renée Onque | ) www.cnbc.com time to read: +5 min

"We now know all consciousness is powered by electricity, including dreaming, and it turns out the dreaming brain is as active as the waking brain – sometimes even more so," he said. "In this theory, dreams are like a virtual simulation where we can test different responses and imagine the consequences," he said. Brain functionalityA straightforward theory about why we dream is that dreaming can be good for "keeping the brain tuned and ready even during sleep." In other words, the processes that the brain experiences as you're dreaming may be helpful for brain functionality and keeping your brain sharp. But adrenaline is still present while you're sleeping; think about how your heart can race when you're dreaming about being chased.

Persons: Jandial, Dr, Rahul Jandial, Michael Myers, Isabelle Arnulf, Rosalind Cartwright, —, Cartwright, Adrenaline's Organizations: Gallup, CNBC

☆ Up to 65% of workers with these jobs are middle class—and some don't require a bachelor's degree
▼ + stars: | 2024-06-11 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +3 min

But the middle class may be more occupationally ambiguous, especially since a middle class income can range from $49,720 to $149,160 in the U.S., according to Pew Research's definition and based on the latest Census Bureau income data. Pew defines the middle class as households earning between two-thirds and double the median income, which was $74,580 in 2022, according to the U.S. Census Bureau. Since over half of U.S. households were estimated to be in the middle class as of 2022, Pew says, it makes sense the jobs that offer those middle class incomes would vary. But some positions and industries tend to have higher shares of middle class workers. Notably, many of the jobs that are likely to ensure a middle class salary may not require a college education.

Persons: Pew Organizations: Pew, . Census, Survey, Armed, Workers, Bureau of Labor Statistics, Department of Defense, Public, CNBC Locations: U.S

☆ Opinion | Reflections on Gen Z and ‘Sellout Culture’
▼ + stars: | 2024-06-11 | by ( ) www.nytimes.com time to read: +1 min

To the Editor:Re “‘Selling Out’ Isn’t an Insult to Gen Z” (Sunday Business, May 26):Francesca Mari captures the zeitgeist that we in the social sector are battling: Even as the world’s challenges are more visible than ever, the percentage of graduates putting their full-time energy toward tackling them isn’t growing. Not only do we need this generation tackling world challenges as soon as possible, but as Ms. Mari’s reporting points out, graduates’ early destinations shape the people they become. Research about the impact of the Teach for All network’s two-year teaching commitments shows dramatic effects on participants’ beliefs about the roots of inequity and how to address it. Before we blame the young people, let’s consider what we’re doing as a society to foster their sense of agency and intentionality about where to put their time and energy. As parents, influencers and educators, we need to foster choices that will shape the future we collectively want to see.

Persons: Z, Francesca Mari Organizations: Sunday Business, Research

☆ I doubled my income at Microsoft after starting my career in a factory. I only had enough money for 1 semester of school, but I was determined.
▼ + stars: | 2024-06-11 | by ( Perri Ormont Blumberg | ) www.businessinsider.com time to read: +5 min

Read previewThis as-told-to essay is based on a conversation with Nandita Gupta, an accessibility product manager at Microsoft in Redmond, Washington. I'm an accessibility product manager at Microsoft. Since December 2021, I've worked as an accessibility product manager for Accessibility Insights, a suite of products that helps developers code with accessibility in mind. There came a moment in my manufacturing job when I asked myself, "What am I doing? Taking the Microsoft job doubled my earnings from my last job — my annual income was around $75,000 in manufacturing, and the move to Microsoft brought my total compensation to over $170,000.

Persons: —, Nandita Gupta, I've, MasterClass, Lauryn Haas Organizations: Service, Microsoft, Business, Google, Zoo Atlanta, TED, Nasdaq Entrepreneurial Center, TEDx Georgia Tech Locations: Redmond , Washington, lhaas@businessinsider.com

☆ The crucial skills for middle managers to survive the 'great unbossing'
▼ + stars: | 2024-06-10 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +5 min

Rather, we need to remember what makes a middle manager valuable. AdvertisementWith improved communication and listening, more empathy, and emotional intelligence, middle managers could save themselves from the "great unbossing," Gandy said. The attack on middle managersCompanies have been axing middle management positions as a way to cut costs. For starters, middle managers provide mentorship to junior employees and graduate staffers. A lack of trainingGood middle managers need training and guidance, which is severely lacking in current workplaces, Gandy said.

Persons: —, Koma Gandy, Gandy, Zers, Z, Micromanaging, doesn't, shouldn't, it'll Organizations: Service, Business, Companies

☆ On Morgan Spurlock and the Possibilities of Mercy for #MeToo Men - The New York Times
▼ + stars: | 2024-06-10 | by ( Lux Alptraum | ) www.nytimes.com time to read: +2 min

When the news broke last month that Mr. Spurlock had died from complications of cancer, the arc of his life seemed permanently settled: a one-hit wonder who’d squandered his success by trying to get out ahead of a potential P.R. After that initial coffee, I’d stayed in touch with Mr. Spurlock and eventually we formed a friendship, one full of conversations about what it might mean to be a better person. Despite that relationship, I don’t consider him worthy of blanket forgiveness; I don’t even believe that he deserved a second chance at the spotlight. But I can’t shake the feeling that, nearly seven years after #MeToo, we still haven’t found a way for men who want to make amends to do so meaningfully. There were prominent figures brought down by #MeToo who’ve never asked for, nor deserved, our sympathy.

Persons: Morgan Spurlock, I’d, ”, “, who’d, Spurlock, he’d, —, MeToo who’ve Locations: Downtown Manhattan

In late 2022, Valcourt left the U.S. to move to France and go to pastry school. Valerie Valcourt moved to France in late 2022 to go to pastry school, which was a childhood dream. After some online research, she applied to a pastry school in Paris, got accepted and quit her job. Valerie Valcourt's pastry school program included three months of intensive culinary and language classes, followed by a four-month internship at a Michelin-level restaurant. Most of Valerie Valcourt's meals come from her restaurant job, but she spends roughly 20 euros ($21.43) per week.

Persons: Valerie Valcourt, Valcourt, She's, Chabran, Luis Carballo, Valerie Valcourt's, she's, It's Organizations: CNBC, Google, Michelin, France, Transportation, Apple, Spotify, Spotify Insurance, Peugeot Locations: U.S, France, Tournon, Seattle, Paris, Connecticut, Europe

☆ A working-class immigrant neighborhood in Queens banned cars along a major road. The new park is a 'superhighway of kids and families and neighbors.'
▼ + stars: | 2024-06-09 | by ( Eliza Relman | ) www.businessinsider.com time to read: +10 min

Just a few years ago, that same road — 34th Avenue — was a traffic-clogged artery. The 34th Avenue Open Street is 26 traffic-restricted blocks with a handful of entirely car-free plazas outside schools. Thousands of students use the 34th Avenue Open Street to get to and from school every day. Siff and others hope 34th Avenue will become a public park that prioritizes people on foot. Do you live on or near an open street in New York City or a traffic-restricted street elsewhere?

Persons: —, Nuala O'Doherty, Naranjo, Kathy Hochul, O'Doherty, ", Eliza Relman, Braulio Tellez, Tellez, Jim Burke, Burke, they're, " O'Doherty, Shekar Krishnan, Krishnan, they've, Dawn Siff Organizations: Service, Manhattan, Business, Initiative, New York Gov, Immigrant, Central Queens, Elmhurst Hospital Center, City Department of Transportation, City College, Coalition, City, Department of Transportation, Alliance, Park, Citi Field Locations: Jackson Heights , Queens, York, Manhattan, Jackson, Central, Elmhurst, New York City, Bronx, Siff, Mexico City, Paris

DON'T MISS: The ultimate guide to becoming a master communicator and public speaker"[The class] certainly had the biggest impact in terms of my subsequent success," Buffett told Segal. Professionals can still benefit from the lessons Buffett used in that public speaking course, Dale Carnegie CEO Joe Hart told CNBC in 2019. Don't spend ten minutes or ten hours preparing a talk: Spend ten weeks or ten months. Refer to brief notes, Carnegie suggested, because reading from a script can keep you from being present. Take CNBC's new online course Become an Effective Communicator: Master Public Speaking.

Persons: Warren Buffett, Buffett wasn't, Gillian Zoe Segal, Buffett, Segal, Dale Carnegie, Joe Hart, Carnegie, Hart, that's, Jot Organizations: Berkshire Hathaway, CHI, Center, CNBC, Columbia Business School, Dale Carnegie Training, Win, Carnegie Locations: Omaha , Nebraska

☆ My 5-year-old could identify a butterfly's life cycle but not a nickel. It was my wake-up call to start teaching him about money.
▼ + stars: | 2024-06-08 | by ( Laura Niebauer Palmer | ) www.businessinsider.com time to read: +4 min

This was a wake-up call to my husband and me to teach him financial literacy at home. Related storiesIf he can understand the concepts of a chrysalis and metamorphosis, he can learn about money. The author's 5-year-old couldn't recognize coins, so she decided to teach financial literacy at home. Using dollar bills and coins, we showed how money makes more money without him having to do any work. If children can start reading in kindergarten, let's trust they can also learn about financial literacy.

Persons: —, we've, doesn't Organizations: Service, chrysalis, Business

☆ 92-year-old just became one of America's richest self-made women—she's worth $700 million
▼ + stars: | 2024-06-08 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

Payden's assets have grown with the firm: As majority owner, she boasts an estimated net worth of roughly $700 million and is a "newcomer" on Forbes' recently published 2024 list of America's Richest Self-Made Women. "I was hired at a 25% discount because I didn't know the difference between a bond and stock," Payden told the Los Angeles Times in 1999. Within a couple years, she moved to Los Angeles to join Scudder, Stevens & Clark, a prestigious money management firm. She failed at least one of those attempts because she "didn't play golf" at an annual meeting on a men-only course, Payden told students at Notre Dame in 2011. Since then, she's built her firm into one of the largest private money management firms in the U.S.

Persons: Joan Payden, she's, Forbes, Payden, Merrill Lynch, Scudder, Stevens, Clark, wouldn't, Sandra Rygel, Payden wasn't Organizations: Payden, Forbes, Trinity College in, Trinity College in Washington , D.C, Los Angeles Times, Notre Dame, Trinity's, U.S, Zurich Insurance Group, CNBC Locations: Los Angeles, Trinity College in Washington ,, New Jersey, Swiss

☆ Top 5 regrets people have when they die, says ex-hospice care worker—many don’t realize them ‘until the end’
▼ + stars: | 2024-06-07 | by ( Ashton Jackson | ) www.cnbc.com time to read: +4 min

"When I was your age, I didn't believe in vacations. I didn't believe in weekends. I didn't believe the people I worked with should either," said Gates, adding that he didn't realize "there's more to life than work" until he became a dad. Choose consciously, choose wisely, choose honestly. Choose happiness."

Persons: they'd, oncologist Siddhartha Mukherjee, Bronnie Ware, Ware, Chris Evans, I'd, hadn't, you've, Bill Gates, it's Organizations: University of Pennsylvania, British, Billionaire Microsoft, Northern Arizona University, CNBC Locations: Ware

☆ Mark Cuban turned 91% of his employees into millionaires when he sold a company for $5.7 billion
▼ + stars: | 2024-06-07 | by ( Alex Koller | ) www.cnbc.com time to read: +4 min

Cuban started the practice after selling his first company, a software firm called MicroSolutions, for $6 million to CompuServe in 1990. He took 20% of the total sale price, he tells CNBC Make It, and paid it out to 80 employees — which would equate to $15,000 per staffer, if distributed equally. "It was f---ed up," Cuban told Barstool Sports' "Pardon My Take" podcast in 2020. The business bounced back, and Cuban sold MicroSolutions five years later, making him a millionaire. "It was all about fun," Cuban told "The Draymond Green Show" podcast, in an April episode.

Persons: Mark Cuban, I've, Cuban, Cuban's, MicroSolutions, Barstool, CBS's, he'd, Adelson, Dumont Organizations: Yahoo, CompuServe, CNBC, HDNet, NBA's Dallas Mavericks, Mavericks, Vegas Sands Corporation, Associated Press, Forbes Locations: Cuban

Mike Kratky, 33, Leerink PartnersLeerink PartnersSector: Medical devices and technologyKratky's young career underwent a major shift in March 2020 — and it wasn't remote work. The Colgate University graduate thinks he's a better analyst for it because he now understands how readers of his research think. "The stock calls won't always go my way," Kratky said. All eight of the outperform-rated medtech stocks Leerink has covered since October have outperformed the S&P 500 and their industry index. The medtech industry is experiencing rapid change, particularly with the advent of GLP-1 drugs that treat obesity and diabetes.

Persons: Mike Kratky, Kratky, Leerink, He's, he's, Kratky's, — James Faris Organizations: Leerink Partners Leerink Partners, Nasdaq, Riley Securities, Colgate University, Tandem Diabetes Care Locations: Leerink

☆ Usher says early detection could have better prepared his family for a Type 1 diabetes diagnosis—97% of caregivers agree
▼ + stars: | 2024-06-05 | by ( Renée Onque | ) www.cnbc.com time to read: +3 min

"My child was diagnosed at six [years old]," says the mega-star, who recently partnered with Beyond Type 1, an advocacy group for diabetes awareness. Type 1 diabetes is traditionally seen as "the youth version of diabetes," says Kristian Hurley, senior vice president of programs, advocacy, & health equity at Beyond Type 1. "For me, it was a bit by trial and error but I had to go through the process," to learn more about the condition, Usher Raymond IV, more commonly known as Usher, tells CNBC Make It. 88% of adults with Type 1 diabetes needed emergency care to treat symptoms before and after their diagnosis, an additional survey conducted by Beyond Type 1 shows. Similarly, 44% of caregivers for people living with Type 1 diabetes say they spent at least $10,000 for their loved one's emergency care visits.

Persons: Usher isn't, Kristian Hurley, Hurley, Raymond, Usher Raymond IV, Usher, it's Organizations: Sanofi, CNBC

☆ I left the Bay Area and moved countries for a tech job — and I'm 100 times happier and less stressed now than I was in Silicon Valley
▼ + stars: | 2024-06-05 | by ( Robin Madell | ) www.businessinsider.com time to read: +10 min

AdvertisementI didn't work in tech when I lived in the Bay Area, but I do nowIn the Bay Area, I worked in marketing and graphic design and did off-and-on work in café management and the brewing industry. The Bay Area didn't fit into his free-spirit mentality, and he also needed a change. In the Bay Area, there was no getting into a job like this "by accident" for me. Moving out of the Bay Area felt like someone turned all the heat off before I boiled to deathWhen I left the Bay Area, I received the type of inner peace I never thought possible. Even people who stayed there feel the same way, they no longer live in that Bay Area, either.

Persons: —, Agata Pona, It's, we'd, would've, didn't, couldn't, joggers, Manseen Logan Organizations: Service, SUSO Digital, San Francisco Bay Area, Business, Whole Foods, Poland —, Stanford, Big Tech, Salvadoran Locations: Area, Poland, San Francisco Bay, Poznań, Silicon Valley, California, Portland , Arizona, Texas, Bay, mlogan@businessinsider.com

☆ Opinion | I Spent Three Years Talking to Boys. Here’s What I Found.
▼ + stars: | 2024-06-05 | by ( Ruth Whippman | ) www.nytimes.com time to read: +2 min

During the pandemic, he was a moderator for a Discord community, at first mainly sorting out technical problems and weeding out trolls. But one night, an adolescent boy called him over voice chat, and started sharing how lonely and depressed he was. But it was the boys who seemed the most desperately lonely and isolated. On the site, he said, he found “a lot more unhealthy men than unhealthy women.” He added: “With men, there is a huge thing about mental health and shame because you’re not supposed to be weak. You’re not supposed to be broken.” A male mental-health crisis was flying under the radar.

Persons: he’d, you’re, You’re Locations: Cedar City , Utah, America

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