Tesla shares surged 12% on Wednesday after CEO Elon Musk said the company plans to produce new affordable EV models by early 2025.
The Musk-led firm’s revenue fell in the first quarter as it handed over fewer electric vehicles to customers due to slowing demand and intense competition worldwide.
Tesla's sales are down. It's slashing car prices and laying off staff. Yet CEO Elon Musk remains bullish on a future that's self-driving and battery-powered.
In this week's video, I cover need-to-know news items related to Tesla
Here's everything you need to know about the electric vehicle maker's week.
Tesla CEO Elon Musk continues to promise investors that autonomy is in the company's future even as financials deteriorate.
(Bloomberg) -- Elon Musk’s underlings at Tesla Inc. are accustomed to chaos. It comes with the territory of working for a chief executive who sets exacting targets and often abruptly switches directions — whose biographer describes his more intense moods as “demon mode.”Most Read from BloombergElon Musk’s Robotaxi Dreams Plunge Tesla Into ChaosTikTok to Remove Executive Tasked With Fending Off US ClaimsTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayTesla Spends Weekend Cutting...
Tesla founder and CEO Elon Musk has met with a top government leader in the Chinese capital, just as the nation’s carmakers are showing off their latest electric vehicle models at the Beijing auto show
Cheaper vehicles could be stripped-down versions of older models
From Elon Musk's humorous response to a photo comment to Mark Zuckerberg's subtle dig at Apple's Vision Pro, the tech world was far from quiet. read more
Musk responded to a parody video by YouTuber Ross Smith featuring two women
Meta’s recent unveiling of Llama 3, a new state-of-the-art large language model, signifies a groundbreaking leap forward in the realm of artificial intelligence. This powerful model comes in two distinct versions: an 8 billion parameter model and a more advanced 70 billion parameter variant. Llama 3 is engineered to drastically enhance the performance of AI-driven […]