The Palo Alto-based electric carmaker was founded in 2003 by Elon Musk. Last year marked a watershed moment for Tesla when its market-capitalisation went up to $600 million dollars. As per Reuters, this made the EV maker more valuable than the five largest carmakers in the world combined. Most recently Tesla surpassed $1 trillion in market value on October 25 after landing its biggest-ever order from rental car company Hertz. The cheapest Model 3 sedan starts at about $44,000, making the Hertz order worth about $4.4 billion, if the entire order were for its mass-market sedan. Tesla accounts for about 2.5% of the S More
The electric-vehicle manufacturer is currently preparing to roll out 75,000 Model Y vehicles from Gigafactory Texas in the first quarter of 2023, according to the report.
Apple takes a 30 percent cut from all the paid app revenues and in-app purchases of apps downloaded from the App Store.
The action, unconfirmed by Apple, would not be unusual as the company has routinely enforced its rules and previously removed apps such as Gab and Parler
The presence of two revolvers right next to Elon Musk's bed became a point of conversation for his followers.
Stephen King's criticism did not go unnoticed by Elon Musk who responded with a short message...
Staying true to being "brutally honest", legendary investor Charlie Munger had recently called Tesla's achievements in the automotive industry a "minor miracle" and stated that digital cryptocurrency was "a very, very bad thing".
Prosecutors have charged the driver with involuntary manslaughter. He blames Tesla.
The Texas-based electric vehicle manufacturer said the recall covers some 2023 Model 3 and 2020-2023 Model Y vehicles
Elon Musk had earlier cracked the whip on Twitter employees with hundreds quitting after he took over the micro-blogging site. Recently, he shared a list of productivity hacks with the staff.
According to data released by the US government, Of the 18 fatal crashes reported since July 2021 that had to do with driver assistance systems, nearly all involved Tesla vehicles.
A property owner gets creative amid market slump.
Twitter's new boss Elon Musk says he intends to reduce his time at the social network over time.
Tesla shareholder Richard Tornetta sued Musk and the board in 2018 and hopes to prove that Musk used his dominance over Tesla's board to obtain an outsized compensation package that did not require him to work at the electric car maker full-time.
Musk denied that he dictated terms of the compensation package or attended any meetings at which the plan was discussed by the board, its compensation committee, or a working group that helped develop it.
Musk, known for his combative testimony, told the court in his opening remarks that he thought it was "extremely unlikely" that Tesla Inc would succeed in achieving his vision in 2016, requiring his full attention.
Tesla shareholder Richard Tornetta sued Musk and the board in 2018 and hopes to prove that Musk used his dominance over the electric vehicle maker’s board to dictate terms of the package, which did not require him to work at Tesla full-time.
Elon Musk has done some good things that others couldn’t, Charlie Munger, an aide to veteran investor Warren Buffet, said in an interview with CNBC.
A self-described "nanomanager," Musk's penchant for working long hours in moments of crisis has been a well-known part of his brand. But the billionaire's deep dive into Twitter, after a protracted buyout that he tried to scrap, has some Tesla investors worried about his capacity to focus on his role as CEO of the world's most valuable carmaker
Taking the stand Monday as the first witness in a trial over the propriety of paying Musk some $55 billion, Ira Ehrenpreis said the Tesla board recognized in 2017 that the chief executive officer was a “serial entrepreneur” and wanted to make sure he didn’t leave the company to pursue other interests.
In one case, Musk announced the firing in a tweet. In another, the former employee said he was fired after he openly rebuked Musk.
The newly installed “Chief Twit” of Twitter Inc. beamed into the conference via video link. The comments come as Musk brings his unique brand of management to the social-media platform, firing close to 3,700 people just over a week ago.
Tesla's Shanghai Gigafactory has the capacity to produce 1.1 million electric vehicles per year after an upgrade earlier this year, making it Tesla's most productive manufacturing hub.
Parody accounts are now appearing on Twitter with blue check marks, thanks to Elon Musk's new pay-for-verification plan.
The Elon Musk-led electric-vehicle maker’s shares closed with a market valuation of $604 billion Tuesday, versus nearly $645 billion for Warren Buffett’s conglomerate, underscoring this year’s great economic upheaval as former high-flying technology stocks plunge anew while industrial companies outperform.
The US Securities and Exchange Commission documents show Musk, who financed much of his Twitter purchase with Tesla stock, sold 19.5 million shares worth some $3.95 billion.