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Tag: Tesla

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Electric Vehicle Makers Burning Cash, Slammed by Sky-high Costs
Every time Lucid Group Inc or Rivian Automotive Inc sells an electric car, they are losing hundreds of...
Musk Trial Will Decide Fate of $56 Billion Tesla Pay
A trial opened on Monday, Nov. 14 over shareholder allegations that Tesla Chief Executive Elon Musk's...
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Following Twitter Buyout, Elon Musk Sells $4 Billion Worth of Tesla Shares
Shortly after buying Twitter for $44 billion, Elon Musk sold around $4 billion worth of shares in his...
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China Clamps Down on COVID-19 Cases, Millions Trapped in Lockdowns Before Winter
In recent weeks, Chinese cities have been placed under lockdown once again as COVID-19 cases rise, impacting...
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Elon Musk Warns of a Global Recession Lasting Until Early 2024, Goes ‘Pedal to the Metal’ on Tesla Production
On Oct. 21, Elon Musk warned that the world is in for a global recession that could last until the spring...
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Tesla Falls After Delivery Warning Sparks Doubts Over Growth Momentum
Shares of Tesla Inc sank 9 percent on Thursday, with Wall Street analysts worrying that the electric...
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Musk Says SpaceX Cannot Fund Ukraine’s Vital Starlink Internet Indefinitely
Elon Musk said on Friday his rocket company SpaceX cannot indefinitely fund its Starlink internet service...
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Twitter Slips as Investors Await Funding Details on Musk’s $44 Billion Deal
Twitter Inc's shares retreated further from Elon Musk's offer price on Thursday as investors fretted...
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Elon Musk’s Tesla Bot Met with Worries as Reveal Date Draws Closer
Tesla CEO Elon Musk plans to reveal his new Tesla Bot during Tesla’s “AI Day” on Friday, Sept. 30, more...
Tesla to Keep Output at Upgraded Shanghai Plant Below Maximum: Sources
SHANGHAI (Reuters) — Tesla plans to hold production at its Shanghai plant at about 93 percent of capacity...
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Elon Musk Confident Tesla Will Release Self-Driving Technology By Year’s End
On Monday, Aug. 29, Tesla CEO Elon Musk expressed his intentions to have his company release its new...
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South Korean Investors Acquire Massive Stake in Tesla, One Family Bets All Their Savings
In South Korea, people are going crazy again for a new popular sensation. This time, it’s not K-pop raking...