Page 23 - Tesla

Elon Musk gets big 'yes' vote to deepen Texas ties after pay rejected

By Wednesday evening, Texas had won about 87 per cent of the 1.1 million votes.

Elon Musk's $55 billion pay package at Tesla voided, things to know

When the package was proposed in early 2018, the goals seemed like moonshots. The top threshold in each category required Tesla to grow by more than 11-fold

WATCH: Elon Musk 'goes for a walk' with Tesla's humanoid robot 'Optimus'

'Optimus', the Tesla humanoid robot is being designed as a general-purpose bot, which is capable of performing tasks that are "unsafe, repetitive or boring"

Tesla to recall 200,000 vehicles in US to fix rearview glitch: Report

The development comes less than two months after the company recalled nearly all its vehicles in the United States to install new safeguards in its Autopilot advanced driver-assistance system

Elon Musk's AI start-up seeks to raise up to $6 bn from global investors

Thanks to the popularity of OpenAI's chatbot ChatGPT, the AI industry has been a rare bright spot in a subdued start-up funding environment

Tesla set to erase $50 billion in valuation after Elon Musk's sales warning

"The Tesla headlines have essentially gone from bad to worse," said TD Cowen analysts, noting that the fourth-quarter revenue and profit were also below expectations

Tesla plans to build new EVs in mid-2025, to compete with cheaper gas cars

Those models, including an entry-level $25,000 car, would allow it to compete with cheaper gasoline-powered cars and a growing number of inexpensive EVs, such as those made by China's BYD

Tesla price cuts, delivery plan, CEO pay in focus ahead of results

Falling prices of battery materials are expected to let Tesla show a slight rise in profit margin from the previous quarter

Indians in US organise Tesla Light Show ahead of Ram Mandir consecration

Barely hours away from the grand inauguration of the Ram Mandir in Ayodhya, enthusiastic devotees here have arranged an awe-inspiring and innovative Tesla car light show dedicated to Lord Ram. Over 100 Tesla car owners, calling themselves Ramji ki Gilahariyan of Greater Houston, gathered at Shri Guruvayurappan Krishna Temple for the light show on Friday evening, attracting hundreds of Ram Bhakts and passersby in the neighbourhood. The cars had a giant-sized Ram Rath in the backdrop, with a life-size temple oil painting, and loud music of Jai Sri Ram giving the place a divine look and feel of being at the temple. Tesla Car drivers use a key feature wherein the headlights can be programmed to off and on at the same time. Soon after the beautiful light show, they assembled at the temple for aarti, joined by other bhakts who sang resounding bhajans dedicated to Lord Rama and Krishna and distributed Prasad amongst the devotees. According to the organisers of the Tesla Light Show, ...

BMW collaborates with humanoid startup Figure to take on Tesla's robot

"We have designed the robot to be safe next to humans. Working with BMW on automation in a manufacturing facility is a huge validator for us in the space," Adcock said

Govt yet to decide on lower import taxes on EVs as local cos resist Tesla

India's domestic automakers are concerned about the possibility of Tesla entering the market - and government plans to give incentives to Tesla and other global carmakers

Elon Musk wants atleast 25% voting control of Tesla before building its AI

At Tesla's inaugural AI Day in 2021, Musk said he wanted to show that the company is more than just an electric car maker, but is "arguably the leader in real-world AI."

Elon Musk wants 25% voting control at Tesla before fulfilling AI goal

He has long touted Tesla's partially automated "Full Self-Driving" software and its prototype humanoid robots but the electric-vehicle maker generates most of its revenue from its automotive business

Tesla gets $94 billion market cap reality check as EV winter sets in

The hit to Tesla's market capitalization to start the year is the biggest the company has seen over a similar period since it went public in 2010

Tesla is raising worker wages as auto union tries to raise its EV plants

Factory workers at Tesla have been told to expect pay raises this year, a move that comes as the United Auto Workers union tries to organize the electric vehicle maker's U.S. plants. The UAW said Thursday that Tesla workers have told the union about company statements on the raises, which did not give details about the size of the increases. After winning strong contracts with Detroit's three automakers last year, the union has embarked on an effort to organize all nonunion auto plants in the U.S., including Tesla's assembly and battery factories in Texas, California and Nevada. The Tesla raises come after nearly all companies with nonunion auto plants announced worker pay increases shortly after the UAW contracts were ratified. The UAW said its organizing drive will target more than a dozen U.S. plants run by Toyota, Honda, Hyundai, Nissan, Subaru, Mazda, Volkswagen, Mercedes, BMW and Volvo. Tesla also is on the list, along with EV startups Rivian and Lucid. UAW President Shawn F

Outgrowing Apple

India must approach its industrial policy with a lighter and practical, reform-oriented touch instead of trying to deal with individual companies like Apple or Tesla

Musk not attending Vibrant Guj but Tesla welcome to invest: Official

Amid speculation that Elon Musk will visit Gujarat, a senior government official on Wednesday said the billionaire-founder of Tesla is not coming for the ongoing Vibrant Gujarat Global Summit, but they are welcome to invest in the state. The state is very keen to get Tesla if it comes to India, Managing Director of Gujarat Industrial Development Corporation Rahul Gupta said. He also said the state is already home to a slew of electric vehicle manufacturers. To a specific question on whether Musk is expected to attend the three-day event inaugurated by Prime Minister Narendra Modi earlier in the day, a state government official replied in the negative. "Musk is not expected. If he were to come, would he not attend the inaugural session? Will he be attending the seminars on day 2 and day 3?" the official said on the condition of anonymity. Speculation was rife that Musk might attend the summit. "You will appreciate that it is the prerogative of any particular company on where to in

Tesla launches restyled Model 3 in North America at unchanged prices

The move will refresh Tesla's aging vehicle line-up in its biggest market and follows a price war last year that helped the company meet its annual deliveries goal at the cost of margins

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

Apple leads $370 billion tech rout in reversal from group's 2023 rally

Tesla has shed more than 8% in the last four days, its longest streak of losses since November