Get out of the headlines and into real conversations happening inside global organizations

with the Executive Insights podcast, brought to by AWS. Listen in on the Executive Insights

podcast, available on all major podcast platforms. Here's your afternoon TNB Tech Minute for

Thursday, July 24th.

I'm Zoe Colkin for the Wall Street Journal.

Tesla chief executive Elon Musk told investors that the company is in transition,

moving away from electric vehicles and instead focusing on robotaxies and robots.

Musk encouraged investors to look past Tesla's poor financials and

concentrate on its recent achievements with autonomous vehicles. Investors appear less convinced. Tesla's shares

slid 9.4% after the company reported second quarter profits were down 16%, and revenue down 12%.

Elsewhere, Honeywell International reported higher than expected second quarter results,

pushing the company to increase its outlook for the year.

The industrial conglomerate posted a profit of $1.57 billion, up from $1.54 billion the year prior. Sales jumped 8% to $10.35 billion, beating analysts' expectations

of $10.06 billion. On an organic basis, sales were up 5% from last year. The company, which makes

everything from pharmaceutical packaging to aircraft landing gear, plans to move ahead with separation

plans they announced in February.

And finally, an update on a story you heard on TNB earlier this year.

An Arizona woman, Christina Chapman, was sentenced to eight and a half years in prison today

for operating a so-called laptop farm, a room in her house with racks of computers that North Korean

scammers use to connect remotely to over 300 U.S. companies over the span of two years.

Chapman would take a cut of all the scammers' paychecks and deposit the rest into a bank

account access by the North Korean government. It used proceeds to fund the country's weapons

...