Page 32 - Tesla

Tesla announces Model S, X launch in China, prices to be unveiled on Friday

Elon Musk-run Tesla has announced the upcoming launch of Model S and Model X in China, with pricing to be revealed on Friday and deliveries in the first half of this year

Tesla Megapack to achieve sustainable energy future for Earth, says Musk

Elon Musk on Saturday said Tesla Megapack (battery storage product) will make a huge difference to achieving a sustainable energy future for the planet.

US govt agency probing automated driving system use in 2 Tesla crashes

The US government's highway safety agency said on Thursday it will send teams to investigate two November crashes in California and Ohio involving Teslas that may have been operating on automated driving systems. The probes bring to 35 the number of crashes investigated by the National Highway Traffic Safety Administration since 2016 in which either Tesla's Full Self-Driving or Autopilot systems likely were in use. Nineteen people were killed in the crashes. The California crash occurred on Thanksgiving Day involving eight vehicles on the San Francisco-Oakland Bay Bridge. The driver told authorities that the Tesla Model S was using the company's Full Self-Driving software, according to Highway Patrol report obtained by CNN. The Ohio crash happened on November 18 near Toledo, when a Tesla Model 3 crashed into an Ohio Highway Patrol SUV stopped on a roadway with its emergency lights flashing. A message was left on Thursday seeking comment from Tesla on the latest NHTSA action. The ..

After Twitter debacle, does Elon Musk still want to be the CEO of Tesla?

It hasn't helped that Musk has oscillated from arguing that Twitter is doing better under his leadership, to describing it as in the fast lane toward bankruptcy

Musk not suited to run Twitter, should instead focus on Tesla: Investor

To the extent that Musk remains involved with the social media platform, it should be with the underlying technology rather than as the "front-facing CEO," Ross Gerber said

Tesla stock drops to its lowest, Elon Musk blames macroeconomic conditions

Electric car company Tesla's shares tumbled further to around $137 apiece, its lowest ever, as Elon Musk on Wednesday again blamed global macroeconomic conditions

Elon Musk's net worth sinks to two-yr low as Twitter CEO loses $7.7 billion

The selloff adds to the woes of Musk, who lost his status as the world's richest person to luxury tycoon Bernard Arnault on Dec. 13

Big oil stages a grand comeback as Exxon's valuation passes Tesla

For its part, Exxon's equity value has been steadily climbing since hitting a two-decade low in early 2020, when the outset of the Covid-19 pandemic sent crude prices into a tailspin

Tesla doing better than ever, we don't control Fed: Musk on heavy losses

The falling Tesla shares have hit Musk's net worth which fell to $174 billion, taking him to the second spot at the world's richest person's list

Elon Musk seeks new investors for Twitter at the same price he paid

Musk, who also runs Tesla Inc. and SpaceX, has acknowledged in the past that he paid too much for Twitter but has expressed confidence in its prospects in the long run

Tesla stock slips as CEO Musk sells another $3.58 billions of shares

Shares of Tesla are sliding before the market open on Thursday after news broke that CEO Elon Musk sold another USD 3.58 billion worth of the electric vehicle maker's stock this week. The stock slipped to USD 153 in premarket trading and is nearing two-year lows. Musk, the new owner of Twitter, sold the shares from Monday through Wednesday, according to a filing posted Wednesday night by the U.S. Securities and Exchange Commission. It wasn't clear where the proceeds were being spent. Musk has sold nearly USD 23 billion worth of Tesla stock since April, with much of the money likely going to help fund his USD 44 billion acquisition of Twitter. Early last month he sold nearly USD 4 billion worth of Tesla shares, according to regulatory filings. The sale comes as shares of the electric vehicle and solar panel maker have collapsed, losing over half their value since Musk first disclosed in April that he was buying up Twitter stock. Wedbush analyst Dan Ives said in a client note that .

Elon Musk sells another $3.58 bn worth of Tesla stock, purpose unknown

Elon Musk sold another USD 3.58 billion worth of Tesla stock this week, but it wasn't clear where the proceeds were being spent. The Tesla CEO, and new owner of Twitter, sold the shares from Monday through Wednesday, according to a filing posted Wednesday night by the US Securities and Exchange Commission. Musk has sold nearly USD 23 billion worth of Tesla stock since April, with much of the money likely going to help fund his USD 44 billion acquisition of Twitter. The sale comes as shares of the electric vehicle and solar panel maker have collapsed, losing over half their value since Musk first disclosed in April that he was buying up Twitter stock. The falling shares have bumped Musk from his status as the world's wealthiest person, with his net worth falling to USD 174 billion, according to Forbes. He was passed last week by French fashion and cosmetics magnate Bernard Arnault. The takeover of Twitter has not been smooth, and some big companies have halted advertising on the s

Tesla rolls out new holiday update with Steam games and Apple Music

With the Light Show feature, users can schedule light shows on multiple vehicles simultaneously to create their own orchestra of light

Elon Musk's SpaceX tender offer is said to value company at $140 billion

Space Exploration Technologies Corp., as the company is formally called, is offering the shares for $77 apiece

Musk's title of world's richest person at risk after net worth dips $70 bn

The Tesla boss has sold $20 billion of Tesla shares since April to fund the Twitter buyout

Podcast: What is ChatGPT and why has it taken the Internet by storm?

ChatGPT, a dialogue-based AI chatbot which not just answers your questions but strikes a conversation too, has got over a million subscribers in just a week of its launch. Listen to this podcast

Tesla launches sales in Thailand, aims to compete with China's BYD

Tesla has launched sales in Thailand, offering its popular Model 3 and Model Y at prices aimed at competing with rivals like China's BYD. The company staged a glitzy showcase of its plans Wednesday at Bangkok's Siam Paragon mall. Online purchases have begun, with plans to deliver vehicles to buyers in the first quarter of next year. Southeast Asia's market of more than 600 million consumers is increasingly a focus for automakers looking to expand sales, especially of electric vehicles. Tesla said the vehicles will have the latest satellite navigation systems and other features such as over-the-air software updates. The company is selling its Model 3 Long Range and Performance models. The Model Y will be sold in three versions to meet the specific demands of the EV lifestyle for every Thai driver," the company said. It said prices will range from 1.76 million Thai baht-2.5 million baht (USD 50,000-USD 71,000). The price is much lower than we expected. As far as the after-sale serv

Chinese EV maker BYD widens market leadership gap with Tesla in Q3

China's BYD Auto remained the global market leader, shipping more than 537,000 EV units -- an increase of 197 per cent (on-year) -- in the third quarter this year, leaving Tesla far behind globally

Tesla delivers first electric semis to PepsiCo at Nevada factory

Tesla delivered its first electric semis to PepsiCo Thursday, more than three years after Elon Musk said his company would start making the trucks. The Austin, Texas, company formally delivered the trucks at a factory near Reno, Nevada. The event was livestreamed on Twitter, which Musk now owns. Musk drove one of three Tesla Semis in front of a crowd inside the factory. One was white, one was painted with a Pepsi logo, and another with Frito-Lay colors. PepsiCo, which is based in Purchase, New York, is taking part in a zero-emissions freight project at a Frito-Lay facility in Modesto, California. That project is being funded by a USD 15.4 million clean-freight technology grant from the California Air Resources Board that includes 15 Tesla battery-electric tractors and other electric- and natural-gas powered trucks. Electric semis also would be eligible for a federal tax credit of up to USD 40,000. At an event in November of 2017 unveiling the Tesla Semi, Musk said production would

Tesla to integrate Dolby Atmos in its electric cars to deliver better sound

The feature adds some voice effects to whatever you say, and that would be played to your surroundings through the external speakers