Page 3 - Tesla Inc

Tesla tightens rules to limit shareholder suits after Musk pay battle

Tesla changed its bylaws to require investors to hold at least 3% of shares to file or maintain a derivative lawsuit, aiming to limit future legal challenges like those over Musk's pay package

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

'Carefully figuring out the right time to enter India': Tesla CFO

Tesla CFO Vaibhav Taneja said that 100% import tariffs create anxiety

Modi speaks to Elon Musk amid tariff tensions, stresses India-US tech ties

PM Modi has a phone call with Elon Musk, assuring public that collaboration with US companies continues amid Trump's tariff war

Regulators recall nearly all Tesla cybertrucks over safety concerns

US safety regulators have recalled virtually all Cybertrucks on the road, the eighth recall of the Tesla-made vehicles since deliveries to customers began just over a year ago. The National Highway Traffic Safety Administration's recall, which covers more than 46,000 Cybertrucks, warned that an exterior panel that runs along the left and right side of the windshield can detach while driving, creating a dangerous road hazard for other drivers, increasing the risk of a crash. The stainless-steel strip, called a cant rail assembly, between the windshield and the roof on both sides, is bound to the truck's assembly with a structural adhesive, the NHTSA report said. The remedy uses an adhesive that's not been found to be vulnerable to environmental embrittlement, the NHTSA said, and includes additional reinforcements. Tesla will replace the panel free of charge. Owner notification letters are expected to be mailed May 19, 2025. The recall of 46,096 Cybertrucks covers all 2024 and 2025 .

Violence against Tesla dealership domestic terrorism, says Donald Trump

Activists have lately staged so-called Tesla Takedown protests to voice displeasure over Musk's role in sweeping cuts to the federal workforce at the behest of Trump

Elon Musk's record $56 bn Tesla pay deal again rejected by US judge

Delaware Chancery Court Judge Kathaleen St. J McCormick decided to stick with her original finding in January that the company's board was too much under the influence of Musk in 2018

Elon Musk cutting $2 trn in US spend is negative for markets: Chris Wood

There is growing evidence of liquidity tightening in the US, Wood said, which raises a near-term risk to equities

China's BYD closing in on Ford deliveries after besting Tesla on revenue

The extraordinary sales volumes being pumped out by China's best-selling car brand means BYD has a shot at beating Ford

Tesla is EV company again, back to car biz after failed robotaxi event

Tesla beat the consensus earnings estimate for the first time in five quarters, albeit an estimate that has roughly halved over the past year

Musk's vow to make lots of Robotaxis conflicts with US auto safety rules

Regulatory hurdles were one of multiple issues Musk sidestepped during his much-anticipated unveiling of robotaxi, billed as a pillar of the Tesla CEO's push into robotics and artificial intelligence

Tesla's optimus bots remotely operated by humans at recent cybercab event

The use of human input raises questions over the capabilities and market readiness of the bot, which Musk said last week he expects to be the biggest product ever of any kind

Tesla sells $783 million of prime auto lease-backed debt to investors

Tesla's latest deal comes from its active lease platform, and is made up of more than 26,000 leases with borrowers holding a weighted average FICO credit score of 764, according to deal documents

Musk-backed PAC under probe for potential violation of Michigan laws

The Musk-backed America PAC has been acquiring detailed voter information from those living in Michigan

Tesla faces lawsuit by family of motorcyclist killed in Autopilot crash

The lawsuit adds to growing scrutiny of Tesla's driver assistant systems Autopilot and Full Self-Driving

Stock Market Highlights, July 25: Nifty holds 24,400 amid F&O expiry; Axis Bank falls 5%, TaMo up 6%

Stock Market Highlights today, July 25: The BSE Sensex index ended at 80,040, down 109 points. The BSE Midcap, and SmallCap indices closed 0.2 per cent and 0.14 per cent lower, respectively

Elon Musk launches poll on X asking if Tesla should invest $5 bn in xAI

Nearly 3 hours after the poll was posted, roughly 386,000 people had participated with 70% voting in favour of the investment.

News updates: Microsoft says about 8.5 million of its devices affected by CrowdStrike-related outage

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Elon Musk to give $45 million every month to pro-Trump political group

The donations show the growing momentum Trump has among big donors in the technology and financial worlds

US prez polls: Musk donates to Trump, tapping fortune to swing 2024 race

The money injection from Musk comes at a time when Trump has overtaken his rival, President Joe Biden, in fundraising with the help of deep-pocketed Wall Street and corporate donors