Page 66 - Elon Musk

Tesla sends top executive Tom Zhu back to China as sales slump worsens

After surging 15 per cent following Musk's Beijing visit, the stock has retraced more than half those gains, as the company deals with a myriad of issues

China's EV maker Nio strikes deal with larger rival BYD to source batteries

Nio currently buys most of its batteries from industry-leader CATL

X introduces Grok AI-powered 'Stories' features to premium users: Details

The Stories feature on X is currently available only to premium subscribers on the iOS and web versions, and is not available for Android users yet

Jack Dorsey quits X alternative Bluesky, company seeks new board member

Bluesky is a decentralised, text-based, invite-only social network that rose in prominence following Elon Musk's acquisition of X/Twitter

Indian EV startup extends offer to Tesla interns spurned by Elon Musk

Bengaluru-based electric vehicle startup Pravaig Dynamics has made offers to Tesla interns, who saw their offers getting revoked weeks before their start date, inviting them to join the Silicon Valley of India that will recognize and appreciate their talents. Tech billionaire Elon Musk's latest cost-cutting victims are summer interns with his flagship Tesla Inc, rescinding offers just weeks before internships were to start. As several aspiring employees took to LinkedIn to express anguish at not being left with enough time to find replacement gigs for the summer, Pravaig offered help. "At Pravaig Dynamics we understand the importance of feeling valued and supported in your career pursuits. That's why we want to extend a genuine invitation to those affected by this unfortunate situation," Shivangi Bagri, Partner at Pravaig wrote on her LinkedIn page. Bagri, who looks after HR at the startup which manufactures electric SUVs as well as high precision batteries for EVs, said the Tesla

Why is Elon Musk's Tesla Inc. suing Gurugram-based Tesla Power India?

American EV manufacturer has lodged a complaint with the Delhi High Court against Gurugram-based Tesla Power India for violating its trademark

Offers getting revoked weeks before start date: Tesla interns after layoffs

Tesla Inc. is rescinding offers just weeks before internships were set to start, prompting aspiring employees to take to LinkedIn to appeal to other employers to take them in

Musk fires Tesla EV charging team, blindsiding automobile manufacturers

General Motors, Ford and other automakers which struck deals last year to give customers access to the network said they are not changing their plans

SpaceX unveils cosmic tourism: Here's how to book your ticket to space

The Elon Musk-led company has started selling tickets for low-earth orbit trips and beyond as soon as the end of this year, hoping to use its Dragon and the Starship for the journeys

Amid dwindling car sales, Elon Musk lays off Tesla's senior executives

Musk said he would dismiss everyone working for Tinucci and Ho, including the roughly 500 employees who work in the Supercharger group

India 'shocked' as Elon Musk's surprise China visit leaves them spurned

India's pained reaction highlights the increasing rivalry between India and China, Asia two largest countries by population and among the region's most dynamic economies

Tesla chief Elon Musk's fortune soars by most since before Twitter purchase

In the past five days, the world's third-richest person has gained $37.3 billion in net worth, according to the Bloomberg Billionaires Index

Tesla wins data security clearance after Musk's surprise visit to China

The data security tests included how a vehicle collects "sensitive personal information" and whether a driver can easily stop a car from collecting data

US SC rejects Elon Musk's appeal over tweets that must be approved by Tesla

The Supreme Court on Monday rejected an appeal from Elon Musk over a settlement with securities regulators that requires him to get approval in advance of some tweets that relate to Tesla, the electric vehicle company he leads. The justices did not comment in leaving in place lower-court rulings against Musk, who complained that the requirement amounts to prior restraint on his speech in violation of the First Amendment. The case stems from tweets Musk posted in 2018 in which he claimed he had secured funding to take Tesla private. The tweets caused the company's share price to jump and led to a temporary halt in trading. The settlement with the Securities and Exchange Commission included a requirement that his tweets be approved first by a Tesla attorney. It also called for Musk and Tesla to pay civil fines over the tweets in which Musk said he had funding secured to take Tesla private at $420 per share. The funding wasn't secured, and Tesla remains public. The SEC's initial ...

Elon Musk visits China as Tesla seeks self-driving technology rollout

The U.S. electric vehicle maker rolled out Full Self-Driving, or FSD, the most autonomous version of its Autopilot software, four years ago but has yet to make it available in China

Elon Musk heads to China in a surprise visit after postponing India visit

According to Reuters, Tesla, since 2021, has stored all data collected by its Chinese fleet in Shanghai as required by Chinese regulators and has not transferred any, back to the United States

Tesla 'has to be India' as Musk defers meeting with PM Modi: Analysts

EV industry experts says Tesla's presence in the country in inevitable as business slows down elsewhere

Threads crosses 150 mn monthly active users, says Mark Zuckerberg

Meta CEO has said Threads is on way to become the next billion-user social network in company's portfolio of apps

Tesla's plan for affordable cars follows playbook of its Detroit rivals

Tesla said the change would allow the company to launch low-cost vehicles swiftly but would result in smaller cost reduction than had been expected and modest volume growth

Elon Musk escalates OpenAI fight with subpoena of ex-board member Toner

The subpoena, which was signed on Tuesday, demanded that Toner hand over information by May 21, 2024