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.
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 has shown off a preview of an upcoming ride-hailing feature in its app ahead of an August robotaxi unveiling. The company released mock-ups of the upcoming feature, which showed the ability to “summon” a ride from the Tesla app. The company didn’t offer many details about how it would work, but images show Uber-like functionality, with the ability to remotely set the car’s temperature ahead of its arrival. Tesla CEO Elon Musk announced earlier this month that the company would unveil its...
Tesla is shifting its focus from electric vehicles to the self-driving Robotaxi program despite Model Y's success as a key revenue engine.
Musk responded to a parody video by YouTuber Ross Smith featuring two women
Tesla has made rapid progress with the full self driving system after they completed version 12 of the AI. They have replaced the coded rules for a complete system of neural networks to control perception, navigation and planning. Tesla has announced that they will unveil the robotaxi on August 8, 2024. However, it is now
After a dismal quarter for Tesla, CEO Elon Musk tried to reassure investors the company’s real value was its effort to perfect self-driving cars.
Elon Musk may be living on borrowed time as CEO of Tesla, as the Cybertruck stalls and the stock falls. Why price cuts won't help.
Tech billionaire and Tesla CEO Elon Musk was in China for talks on Sunday, making his second trip in less than a year to the world's biggest market for electric vehicles. Chinese state broadcaster CCTV said Musk -- one of the world's richest people -- held a meeting with a
Tesla added nearly $64bn (£51bn) to its valuation after the EV giant took a step closer to launching self-driving cars in China.]]>
Tesla CEO Elon Musk faces heightened pressure with Tuesday's earnings report to reassure investors that recent stumbles are simply unexpected speed bumps -- and not indications of a road to decline.The electric car maker, which enjoyed scorching growth for most of 2022 and 2023, has experienced setbacks that analysts say have raised the stakes for the first-quarter report.Tuesday's earnings and conference call are a moment of truth for Tesla and Musk, constituting one of the most important...