Page 15 - Tesla

$1 trn rout hits Nasdaq 100 over AI jitters in worst day since 2022

The Nasdaq indexes tumbled more than 3% for the worst days since October 2022

Elon Musk's poll shows most want Tesla to invest $5 billion in startup xAI

Musk set up xAI in early 2023, months after OpenAI ushered in the AI boom with the launch of ChatGPT

Tesla's profit falls short again as Elon Musk demands investor patience

The electric vehicle giant won't unveil a highly anticipated robotaxi until Oct. 10 - and that will only be a prototype

As Volkswagen struggles in China. Can EVs help it grow in US market?

By 2030, Volkswagen plans more than 30 new electric or hybrid models in China and hopes to boost sales to about 4 million, from about 3 million today, lifting its market share to 15 per cent

'No more mugs until thefts stop': Coffee brews trouble at Tesla plant

Tesla's Berlin Gigafactory confronts Ikea coffee cup thefts amid broader controversies over working conditions and environmental impact

Sam Altman driving Koenigsegg Regera; Musk takes jibe after video surfaces

Musk takes a dig at OpenAI co-founder Sam Altman for driving a $1.9M Koenigsegg Regera. Social media users wonder how a non-profit organisation's CEO could afford it

Only 19 of 137 Chinese EV brands to be profitable by decade's end

While the average sale price of cars in China fell 13.4% in the past year, the average margin of automakers rose to 7.8% in 2023 from 6.3% the previous year

Tesla's share of US electric car market slips below 50% for first time

The numbers are the latest sign that Tesla is losing its dominance in a market it in effect created in 2012 when it introduced the Model S sedan

Hedge funds hit hard by massive Tesla rally after betting on decline

About 18% of the 500-plus hedge funds tracked by data provider Hazeltree had an overall short position on Tesla at the end of June, the highest percentage in more than a year

'Tesla's loss, not India's': Ola CEO Bhavish Aggarwal on Tesla's pullback

Elon Musk's Tesla has not responded to inquiries from officials in New Delhi and is no longer expected to invest in India

Chinese AI firms showcase resilience at AI event despite US sanctions

More than 150 AI-related products and solutions are being exhibited at the conference, with a small number of foreign firms such as Tesla and Qualcomm joining the predominantly Chinese line-up

China's EV battery giants CATL, BYD eye stationary energy storage market

Tesla's Shanghai plant will be able to make 10,000 Megapacks a year with a combined 40 GWh of storage capacity

Tesla investment in India not anytime soon as Musk ceases contact: Report

Elon Musk's team hasn't made any further inquiries with officials in New Delhi after the billionaire postponed a visit to India in late April

Tesla's best-selling Model Y for 1st time on Chinese govt purchase list

China's eastern Jiangsu provincial government published 56 batches of new energy vehicle procurements for use as service cars by party

Tesla's quarterly deliveries beat estimates on incentives; shares rally

Shares of the world's most valuable automaker rallied more than 10% on Tuesday, hitting the highest level in nearly six months

China's BYD posts 21% rise in quarterly EV sales, closes gap with Tesla

Sales of new energy vehicles including EVs and plug-in hybrids in China made up 46.7 per cent of total car sales in May

China's new-age automakers live-stream to interact with potential customers

"If you're not livestreaming these days you're kind of a dinosaur," said Mark Tanner, managing director of Shanghai-based marketing firm China Skinny

Tesla seeks to delay July hearing in battle over Musk's pay package

A delay in the hearing would further hold up the judge's decision on how much to award in lawyer compensation

Elon Musk's $56 billion pay package more than Tata Motors' annual revenue

Elon Musk's pay packaged vs Indian firm revenues: Elon Musk's annual salary is more than Tata Motors' revenue but less than Reliance Industries

Tesla CEO Musk's pay package gets nod from 77% of votes at investor meet

In 2018, 73% of Tesla investors had voted in favor of the same pay package, which was voided by a Delaware judge this year