Page 4 - Tesla Elon Musk

Tesla shares fall as Deutsche Bank flags risks from focus on Robotaxi

The Elon Musk-led company's shares fell 2.7% to $151.26 after the brokerage downgraded the stock to 'Hold' and cut its price target to $123 from $189

Musk's India visit sparks expectations for Tesla investment and expansion

Reports suggest that Elon Musk is set to announce an investment in India of $2-$3 billion along with Tesla Inc's long-awaited entry into India

Musk vs the rest: Who will be Tesla's biggest competitors in India?

Elon Musk is set to visit India and meet PM Modi. With the likelihood of a Tesla plant coming up in India, which are the EV makers they will compete with? Here is a list

Tesla plant likely in India: A look at its gigafactories in other countries

Tesla has six Gigafactories in Fremont, California; Sparks, Nevada; Berlin, Germany; Shanghai, China; Austin, Texas; and Buffalo, New York

Tesla lays off more than 10% of global workforce amid dwindling sales

Musk last announced a round of job cuts in 2022, after telling executives he had a "super bad feeling" about the economy

Tesla scouts for 1st India showroom locations; plans to begin sales in 2024

It wants to begin with a showroom of 3,000 to 5,000 square feet (280-465 square metres) as well as a service hub in each city, said one of the people familiar with the plans

Why has Tesla stock tanked over 33% in 3 months? Here are 4 key reasons

Even before the sales numbers were unveiled, traders were aggressively selling off Tesla stock. The sell-off was attributed by analysts to a cooling-off in the electric vehicle (EV) market

Musk's Grok-1.5 AI chatbot to be available on social network X next week

Musk said xAI would open-source Grok, days after the billionaire sued Microsoft-backed OpenAI for allegedly abandoning its original mission in favor of a for-profit model

India will not tailor its policies to suit US EV maker Tesla: Piyush Goyal

India will not tailor its policies to suit US EV maker Tesla, and its laws and tariff rules will be formulated to attract all-electric vehicle manufacturers from across the world to set up a base in the world's fastest-growing economy, Commerce and Industry Minister Piyush Goyal said. Tesla has been seeking an initial tariff concession that would allow it to offset 70 per cent customs duty for cars priced less than USD 40,000, and 100 per cent for cars of higher value. In an interview with PTI, Goyal said the government recognises the need for a vibrant EV ecosystem as greater use of battery-run vehicles will cut carbon emissions as well as the staggering oil import bill. But for this, it will not tailor policies that suit any one company and would rather frame ones that will encourage all-electric vehicle manufacturers from across the world to set up shop in India, he said. "We are working on several initiatives where we are having inter-ministerial (consultations) and a dialogue

OpenAI hits back at Elon Musk's lawsuit, says 'sad it's come to this'

Musk is suing for breach of contract, breach of fiduciary duty and claims of unfair business practices, among other grievances

Musk loses world's richest person title to Bezos as Tesla shares tumble

Musk's wealth could take a further hit after a Delaware judge struck down his $55 billion pay package at Tesla, where he's chief executive

Lawyers who killed Elon Musk's $56 bn pay package seek Tesla stock

Austin-based Tesla, with a $645 billion valuation, is among the largest companies in the world by market cap

Elon Musk's firm Neuralink ditches Delaware, reincorporates in Nevada

Neuralink isn't the first business Musk has reincorporated outside of Delaware and may not be the last

Elon Musk slams Delaware, hints at Tesla move to Texas after pay snub

Musk said states such as Nevada and Texas, where Tesla's headquarters is located, are "better for letting shareholders decide" corporate-governance issues such as pay packages

Musk's AI startup secures $500 million toward $1 billion funding goal

Elon Musk's artificial intelligence company, xAI, has secured $500 million in commitments from investors toward a $1 billion goal, according to people with knowledge of the talks

Tesla planning to bring in smaller batteries for its India car: Report

These smaller batteries are already being used by the company in China and could be key for Tesla to reduce the cost of the car it has proposed to bring to India

Musk's SpaceX illegally fired workers who criticized him, alleges NLRB

NLRB's complaint alleges that SpaceX management told workers it had terminated the employees because of their open letter, restricted others from distributing it, and threatened terminations

India to use SpaceX's Falcon-9 rocket to launch communications satellite

The high-capacity satellite aims to boost India's broadband communication, especially in remote and unconnected regions of the country, state-run NewSpace India Ltd, said

X coming with two premium tiers, one ad-free, confirms Elon Musk in a post

The first of these subscription tiers will be priced lower, targeting users seeking a cheaper way to access all of X's premium features

The X factor: Here are all the Twitter changes since Elon Musk took over

There have been many changes in the company since Tesla and SpaceX CEO Elon Musk took over X (formerly Twitter) in October 2022