Page 13 - Tesla

Jeff Bezos hits back at Musk in sniping over Tesla, SpaceX holdings

It's the latest tit-for-tat between the world's two richest individuals, whose businesses compete in the commercial space industry

'Jeff Bezos advised selling Tesla stocks thinking Trump would lose': Musk

Donald Trump is set to assume office on January 20 and has been naming his picks for key administrative roles. The list also features Musk, who will co-lead DOGE to make the US govt more 'efficient'

Elon Musk, Vivek Ramaswamy to lead Dept of Government Efficiency: Trump

US President-elect Donald Trump on Tuesday announced that Tesla owner Elon Musk and Indian American entrepreneur Vivek Ramaswamy will lead the Department of Government Efficiency or DOGE. "I am pleased to announce that the Great Elon Musk, working in conjunction with American Patriot Vivek Ramaswamy, will lead the Department of Government Efficiency (DOGE)," Trump announced. Ramaswamy is the first Indian American to have been tapped by Trump into his administration beginning January 20 next year. "Together, these two wonderful Americans will pave the way for my administration to dismantle government bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure federal agencies -- essential to the 'Save America' Movement," he said. "This will send shockwaves through the system, and anyone involved in government waste, which is a lot of people!" stated Musk, as per the statement issued by Trump. The US President-elect said this will become, potentially, "The ...

Musk's Starlink has to comply with all rules for licence in India: Scindia

Elon Musk-owned Starlink will have to comply with all norms to get licence for services in India, Union telecom minister Jyotiraditya Scindia said on Tuesday. The minister said the satellite internet services provider is in process of completing all the requirements and they will get licence once they complete the process. "They (Starlink) have to comply with all rules to get the licence. You have to look at it from security perspective as well. They are in process of doing it. Once all requirements are met they will get the licence," Scindia told reporters. He was replying to a question on status of licence for Starlink. At present, the government has issued licence to Bharti Group-backed OneWeb and Jio-SES joint venture, Jio Satellite Communications.

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

Elon Musk moves all X lawsuits to 'conservative' Texas court; here's why

This shift is seen by experts as a strategic move, known as "forum shopping", aimed at securing more favourable outcomes in a court district aligned with conservative viewpoints

How Donald Trump's win could boost Musk's & Bezos' India ambitions

Donald Trump's return to the White House may bring potential advantages for Elon Musk and Jeff Bezos, as his policies favouring US companies could create a conducive environment for them

Musk's backing of Trump in Prez poll likely to enrich his companies

Musk contributed at least $119 million to a pro-Trump spending group, federal records show, and tirelessly touted the former president at the critical late stage of his campaign

Elon Musk's wealth soars $34 bn as Tesla shares post biggest decadal gain

Elon Musk, 53, has also been in the spotlight for his increasingly vocal - and costly - support of Republican candidate Donald Trump

Tesla shares surge on strong earnings, 30% growth forecast in 2025

Third-quarter results were buoyed by Tesla turning a corner with the Cybertruck, which generated profit for the first time

Tesla stock jumps 12% as Musk reassures investors of strong EV growth plan

Ross Gerber, CEO of Gerber Kawasaki Wealth and Investment Management and aprominent Tesla investor, said robotaxis and AI were not the fundamental businesses he wanted Musk to focus on

Tesla projects 20-30% sales growth, shares surge 12% in after hours

"No EV company is even profitable," Musk told analysts on a conference call on Wednesday. "And to the best of my knowledge, there was no EV division of any company, of any existing auto company

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

Elon Musk sued over 'Blade Runner' imagery used during robotaxi unveiling

The production company, which has also financed and produced films such as The Blind Side, filed a lawsuit accusing Musk of copyright infringement

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

How Tesla's robots delivered drinks and smiles, but were 'not machines'

After Elon Musk launched the humanoid robot, Optimus, an attendee at the California event Robert Scoble pointed out that the robots were operated remotely by humans

Musk's robotaxi misses the mark with Wall Street: Here's what went wrong

Robotaxi is a fully autonomous two-seater with no steering wheel or pedals; Elon Musk hails it as Tesla's most significant launch since the Model 3

Snubbed by Tesla, Mexican govt pledges to create affordable electric car

Snubbed by Tesla, Mexico's new president pledged Friday to create a Mexican-made small, affordable electric car to compete with vehicles imported from China. President Claudia Sheinbaum said Teslas were too onerous, or expensive, for the Mexican market anyway. Tesla's cheapest car, the Model 3, costs about USD 30,000. Tesla CEO Elon Musk said in July the company had paused plans for a plant in Mexico, citing Donald Trump's remarks about possible auto tariffs. Sheinbaum said her government will try to bring together Mexican companies and researchers to produce a compact, cheap electric car. The idea is to use Mexican companies and Mexican researchers' ingenuity, to bring them together to assemble this electric car, Sheinbaum said. The idea is to create production chains so that this entire electric car is made in our country. She cited electric vehicles from China and India some of which are already flooding into Mexico as examples. Small electric motorbikes from China have flood

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

Elon Musk reveals robotaxi: Will Tesla face the same challenges as China?

Elon Musk's Tesla robotaxi aims to revolutionise autonomous transport, but its Chinese competitors face mounting challenges in profitability and regulation