Elon Musk Tesla Cars

3 things Elon Musk must do to earn $1 trillion pay package

Tesla's chief has a set of benchmarks to meet to earn his full payout, which includes growing the company's market value to expanding the robotaxi business

Chinese firm begins trial production of flying cars, ahead of Tesla

A Chinese firm this week began trial production of flying cars stated to be the next generation in the world of transportation, ahead of US firm Tesla and others plans to launch the same shortly. Xpeng Aeroht, the flying car affiliate of Chinese electric vehicle maker Xpeng on Monday began trial production at the world's first intelligent factory for mass-produced flying cars --- a milestone in the commercialisation of next-generation transport. Located in the Huangpu district of Guangzhou, the capital of south China's Guangdong Province, the 120,000-square-metre plant has already rolled out the first detachable electric aircraft of its modular flying car, the Land Aircraft Carrier, the state-run Xinhua news agency reported. The facility is designed to have an annual production capacity of 10,000 detachable aircraft modules, with an initial capacity of 5,000 units. It has the largest production capacity of any factory of its kind, and will be capable of assembling one aircraft ever

Tesla to unveil cheaper version of Model Y to offset loss of tax incentives

The move follows the company's decision to introduce a more affordable version to offset the impact of reduced US incentives for electric cars

Tesla EU sales plunge 40% in July as anger at Musk drives 7th monthly drop

Europeans angry at Elon Musk still aren't buying his cars months after the billionaire predicted a major rebound in Tesla sales, data released Thursday shows. Tesla sales plunged 40 per cent in July in the 27 European Union countries compared with the year earlier even as sales overall of electric vehicle soared, according to the European Automobile Manufacturers' Association. Meanwhile sales of Chinese rival BYD continued to climb fast, grabbing 1.1 per cent market share of all car sales in the month versus Tesla's 0.7 per cent. Tesla stock fell 1.5 per cent in afternoon trading Thursday. Musk angered many Europeans by wading into politics there, embracing far-right candidates, calling a British prime minister an evil tyrant who belongs in prison and telling Germans things will get very, very much worse in their country if they didn't vote for the anti-immigrant Alternative for Germany party. Protests broke out in several cities, including a hanging of the billionaire in effigy in

Tesla's brand loyalty collapsed after Musk backed Trump, shows data

That industry-leading brand loyalty rate started to nosedive in July, that data showed, when Musk endorsed Trump following an assassination attempt in Pennsylvania on the Republican nominee

Tesla launches first charging station in India at BKC, Mumbai: Details here

Tesla first charging facility in Mumbai features superchargers and AC stalls; three more charging locations to open in Mumbai this quarter

Can Elon Musk be trusted as two cases threaten Tesla, his car company

Elon Musk fought court cases on opposite coasts Monday, raising a question about the billionaire that could either speed his plan to put self-driving Teslas on US roads or throw up a major roadblock: Can this wildly successful man who tends to exaggerate really be trusted? In Miami, a Tesla driver who has admitted he was wrong to reach for a dropped cell phone moments before a deadly accident, spoke of the danger of putting too much faith in Musk's technology in this case his Autopilot programme. I trusted the technology too much, said George McGee, who ran off the road and killed a woman out stargazing with her boyfriend. I believed that if the car saw something in front of it, it would provide a warning and apply the brakes. In unusual coincidence, regulators arguing an Oakland, California, case tried to pin exaggerated talk about the same Tesla technology at the centre of a request to suspend the carmaker from being able to sell vehicles in the state. Musk's tendency to talk bi

Musk's robotaxis under probe after video shows wrong-lane driving in Texas

Federal traffic safety regulators are looking into suspected problems with Elon Musk's test run of self-driving "robotaxis" in Texas after videos surfaced showing them braking suddenly or going straight through an intersection from a turning lane and driving down the wrong side of the road. The National Highway Traffic Safety Administration said Tuesday that it has asked Tesla for information about the apparent errors. Though many other videos show robotaxis driving perfectly, if regulators find any major issues, that would likely raise questions about Musk's repeated statements that the robotaxis are safe and his claim that Tesla will dominate a future in which nearly all cars on road will have no one behind the wheel or even need a steering wheel at all. "NHTSA is aware of the referenced incidents and is in contact with the manufacturer to gather additional information," the agency said in a statement. Passengers in Tesla robotaxis on the road in Austin, Texas, have generally bee

Tesla launches long-awaited robotaxi service with low-key rollout

The first robotaxi trips were limited to a narrow portion of Tesla's hometown of Austin, with an employee in each vehicle keeping tabs on the operations

Watch: Tesla CEO Elon Musk's father Errol Musk visits Ayodhya

Father of Tesla CEO Elon Musk and Servotec's Errol Musk offers prayers at the Hanumangarhi Temple in Ayodhya.

At $0, Musk lowest paid S&P 500 CEO in 2024: Why Tesla hasn't paid him?

Tesla chief Elon Musk becomes the lowest paid chief executive of a S&P 500 company as his $56 billion pay package from the EV maker remains in legal limbo

Tesla scouts for land in Satara to set up completely knocked down unit

Last week, Tesla's India head Prasanth Menon stepped down. A Tesla's China team will now oversee the EV maker's India operations

Tesla's 'Robotaxi' trademark refused for being too generic: Report

Another application by Tesla to trademark the term "Robotaxi" for its upcoming ride-hailing service is still under examination by the office, the report said

Voters approve Musk's plan to establish Starbase as his own city in Texas

By a margin of 173 to 4, residents of the far-flung community surrounding SpaceX's rocket-launch site and headquarters voted resoundingly in favour of the incorporation effort

Musk's next challenge? Reviving Tesla as Europe sales plunge 50% in a year

Tesla sales plunged by more than half last month in several European countries in a sign that Elon Musk could struggle to revive the company after he shifts from his Washington work to running the automaker again. Tesla sales collapsed in April by more than two-thirds from a year earlier in Sweden, the Netherlands and Denmark, according to auto groups and government agencies Friday. Sales at the Austin, Texas, company dropped by 59% in France and 38% in Norway. The countries are not major drivers of sales overall, but they are the first to report April results and thus a foretaste of possible trouble elsewhere as Tesla reels from protests and boycotts over Musk wading into politics. In Germany, where he told voters their country was lost if they didn't vote for a candidate widely derided for her extreme views, sales plunged 62% in the first three months this year. German sales for April are not out yet. Financial analysts covering Tesla are worried about the Musk backlash but cauti

Neuralink's speech-restoring chip gets Breakthrough Designation from FDA

The company said that its applications can be extended to individuals affected by ALS, stroke, spinal cord injury, cerebral palsy, multiple sclerosis, and other neurological conditions

Musk to spend less time at DOGE as Tesla's Q1 profits drop sharply

US billionaire and Tesla CEO Elon Musk's role in the Trump administration and his drive to cut federal spending have sparked widespread criticism and global protests

Tesla first-quarter sales fall 13% amid backlash against Musk, weak demand

Last year, Musk forecast 20 per cent to 30 per cent sales growth in 2025, promising to launch an affordable vehicle in the first half of the year

Tesla car sales decline in key European markets amid protests, competition

On Monday, the tech billionaire said an overnight fire at a Tesla dealership in Rome that destroyed 17 cars was an act of terrorism, reiterating earlier comments by Trump

Man accused of setting fire to Tesla vehicles in Las Vegas arrested: Police

A man who set fire to Tesla vehicles in Las Vegas and painted the word "resist" for authorities to find at the scene has been arrested, police said on Thursday. Paul Hyon Kim, 36, faces charges in connection with the March 18 attack in both state and federal court. He was taken into the custody of the federal government on Thursday. In state court, Kim is facing charges of arson, possession of an explosive device and firing a weapon into a vehicle, Clark County Sheriff Kevin McMahill said at a news conference. Kim is also charged with federal unlawful possession of an unregistered firearm and arson, according to a criminal complaint. He is scheduled to appear in the US district court in Las Vegas later on Thursday. An attorney for Kim who could comment on his behalf was not listed on Thursday in court records. Security video played at the news conference showed the suspect, dressed in black and covering his face, paint the word "resist" across the glass doors of a Tesla service ce