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Top stories today:

1. Tesla profits -44% YoY to $1.85B in Q3, even as revenues +9%
2. Netflix adds 8.8M subscribers, raises prices
3. OpenAI in talks to sell employees’ shares at $86B valuation
4. AI Foundation Model Transparency Index released
5. Facebook announces broadcast channels
6. Israel: Biden asks for restraint, offers $100M in Palestinian aid

0. Data and calendar

1. Tesla profits -44% YoY to $1.85B in Q3, even as revenues +9% to $23.35B

Operating margin continues to fall due to repeated price cuts:

Cyberdruck to start deliveries on Nov. 30

• Pricing to be announced shortly.

• 1M+ refundable reservations for the Cybertruck, 1st unveiled in 2019.

• 250K/year production expected in 2025. - Techcrunch, Tesla

• Elon dodged a question about legal liability for Full Self-Driving cars. - The Verge

2. Netflix adds 8.8M subscribers (most since Q2 2020), raises prices

• U.S.: basic plan from $9.99 to $11.99/mo, premium from $19.99 to $22.99/mo.

• Revenue: $8.54B in Q3, +8%.

• Net profit: $1.68B, +20%.

• Total subscribers: 247.15M, +11% YoY.

• Content spending expected at $13B in 2023, from a previous estimate of $17B. - WSJ, Netflix shareholder letter

3. Longevity Escape Velocity Foundation: doing research to cure and prevent human age-related disease*

• LEV Foundation was co-founded by Dr. Aubrey de Grey, one of the early pioneers in the longevity field.

• Their 2 main projects are Robust Mouse Rejuvenation and Transplants on Demand.

• Your donation can literally save your life, or the life of your closed ones. - Learn more about the LEV Foundation.

*Sponsored.

4. OpenAI in talks to sell employees’ shares at $86B valuation