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Theo Wayt

Covers Tesla, xAI, SpaceX and Elon Musk
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About
Theo Wayt is a reporter covering Elon Musk's companies including Tesla, xAI and SpaceX for The Information. He previously covered Amazon, e-commerce and logistics for The Information and technology for the New York Post's business desk. He lives in New York and can be reached via email at [email protected] or through text message or Signal at 917-300-8909.
Articles

Shopify Stock Surges on Revenue Beat

Shopify shares were up more than 20% on Wednesday morning after the reported beating its own revenue outlook in the second quarter.

Amazon’s Top India Executive to Depart

Manish Tiwary has led the company’s India business since 2020 amid intensifying competition from Walmart-owned Flipkart and other local firms.
The Briefing

Prime Video Ads Have Yet to Pay Off

By
Theo Wayt

Amazon Web Services Revenue Growth Ticks Up As Ads Slow

Amazon’s CFO said capital expenditures were $30.5 billion in the first half of 2024 and would rise in the second half of the year, driven largely by AWS. 

Robotics Startup Covariant Receives Amazon Takeover Interest

Covariant was valued at $625 million in an April 2023 fundraising round and is backed by Temasek and Bill Gates' Cascade Asset Management.
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