After Elon Musk's biographer revealed the unconventional name of his youngest child with Grimes, Musk himself confirmed the unique moniker and its meaning.
The board is asking shareholders to approve Musk’s compensation package after it was struck down by a Delaware judge.
Tesla has decided to reduce the price of its 'full self-driving' subscription by half to $99 per month. This decision has led Gene Munster, Managing Partner at Deepwater Asset Management, to predict the end of manual driving. read more
Reuters reported Tesla scrapped its Robotaxi plan. Elon Musk tweeted otherwise. We'll see come August.
A strike by Tesla mechanics in Sweden, among the country's longest labour disputes, continues to disrupt operations, a union said on Wednesday, and is drawing scrutiny from investors despite Elon Musk saying the storm is over. For months Tesla has been under pressure in the Nordics, with sympathy actions since October backing Swedish IF Metall's mechanics' demand for a collective agreement. Postal workers, garbage collectors, repair centres, port workers, electricians, and cleaners are among...
Tesla stock is priced for a mainstream, autonomous future, but the company faces strategic uncertainty, leadership troubles, and hardening competition.
Tesla announced global workforce reductions of "more than 10%" in an internal email Monday to staff from CEO Elon Musk, according to electric-vehicles.com, a specialist outlet, in a report later covered by Reuters.Newsweek has not seen the original email and was unable to verify its content. Tesla did not respond to a request for comment.The ContextThe reported layoffs come amid a tough start to the year for Elon Musk and his electric-vehicle company. Quarterly results released at the beginning...
Elon Musk revealed Friday that Tesla will pull back the curtain on a robotaxi this summer, news that comes as the adoption of self-driving vehicles hits speed bumps over safety concerns.The billionaire boss of the electric car maker did not provide details, saying only in his post on X that the Tesla Robotaxi unveil will come on August 8.Tesla shares rose more than three percent in after-market trades following the post, after finishing the day down.Musk has long boasted of work Tesla is doing...
The deal, if approved by shareholders and judges, would be the largest in corporate America.
The EV company keeps pushing its “next phase of growth” message, but it’s getting harder to look past a slump in vehicle sales and its unexciting lineup.
When Elon Musk bought Twitter, he found millions of documents that showed collusion between the White House and Twitter employees to censor Americans. These became known as the Twitter files. Robert F. Kennedy Jr. was one American specifically targeted in those documents. “The government put pressure on a corporation to silence you. That is, by most legal standards, that would be a violation of the First Amendment,” Dave Rubin says. Rather than ignoring them, Musk then invited...
From Monday to Tuesday of this week, the social media platform X (formerly Twitter)—Elon Musk’s sanctum of free speech—briefly became a scammers’ paradise because of an executive decision to change the free speech of posts he didn’t like. Since the site’s rebrand in July, the team at what’s now X has been urging the media, the public, and the platform’s own users to retire “Twitter,” “Twitter.com,” “tweet,” “retweet,” and other words from their lexicon. But habits die hard when they involve...