Page 41 - Tesla

US judge reduces $137 mn penalty linked to racial abuse against Tesla

Electric vehicle company TeslaAhas managed to convince a judge to slash the historic $137 million award it was supposed to pay a former employee as part of a racial abuse lawsuit to $15 million.

Twitter board to evaluate 'unsolicited, non-binding' Musk's $43-bn offer

Saudi Arabia's Prince Alwaleed bin Talal rejected Elon Musk's bid, saying the deal doesn't 'come close to the intrinsic value' of the popular social media platform

Mercedes EV breaks 1,000-kilometer range barrier to outdo Tesla

The EQXX prototype rode from Sindelfingen near Stuttgart via Switzerland and Italy to the Mediterranean coastal town of Cassis

Elon Musk not joining Twitter board; CEO Parag Agrawal reveals why

Elon Musk, CEO of Tesla and now the largest shareholder in the micro-blogging site Twitter, has decided not to join the Twitter board. He owns a 9.2% stake, worth nearly $3 billion, in Twitter Inc

Elon Musk says Tesla will build vehicle designed to be a robotaxi

Musk didn't give details of the robotaxi other than to say it will look quite futuristic.

Elon Musk promises 'dedicated robotaxi' with futuristic look from Tesla

Tesla now sells the advanced driver assistance systems for $12,000, with a promise of more features

Elon Musk takes 9% stake in Twitter, starts poll on edit button

By Nivedita Balu

Tesla delivers 310,000 vehicles despite 'exceptionally difficult quarter'

Tesla said the Model 3 and Y made up 295,324 of these deliveries, while 14,724 were for the Model S and X, reports The Verge.

Build or buy? Automakers chasing Tesla rethink dependence on suppliers

Becoming more vertically integrated by doing more manufacturing in-house represents a major shift for most global automakers, who have relied for decades on suppliers to produce critical parts, softwa

German court orders Tesla to buy back Model 3 vehicle from customer

Tesla just lost a case in Darmstadt Regional Court, which ordered Tesla to buy back the plaintiff's Model 3

Wall St slips as banks, energy stocks weigh; Tesla up on stock-split plans

Oil prices tumble on concerns of weaker Chinese demand

EV giant Tesla seeks investor approval for stock split

The stock split, if approved, would be the latest after a five-for-one split in August 2020 that made Tesla shares cheaper for its employees and investors

Tesla CEO Elon Musk says 'supposedly' tested positive for Covid again

He did not mention whether the results were from polymerase chain reaction tests, which are more accurate than rapid tests

Tesla named 'most trusted' brand developing fully-autonomous vehicles

Elon Musk-owned electric vehicle company Tesla was recently named the "most-trusted" brand in the pursuit of fully-autonomous vehicles, according to a new study.

Tesla, SpaceX facing significant inflation risks: Elon Musk

He, however, said his companies 'are not alone', as the Ukraine-Russia conflict sent commodity prices to their highest levels since 2008

Tesla, SpaceX facing significant inflationary pressure: Elon Musk

Tesla Inc CEO Elon Musk said on Sunday the US electric carmaker and his rocket company SpaceX are facing significant inflationary pressure in raw materials and logistics

Tesla gets eco nod to produce EVs at Gigafactory Berlin, with riders

The environmental approval for the giant factory faced a lot of opposition with concerns ranging from deforestation to water supply and more

Starlink won't block Russian news media outlets, says Elon Musk

Musk on Friday warned Ukrainians to use the Starlink satellite system with caution as his commercial Internet network can be targeted by Russians and hamper the entire system at work.

Musk seeks immediate boost in oil, gas production to replace Russian output

Tesla Founder Elon Musk called for an immediate increase in oil and gas production around the world because sustainable solutions cannot replace Russian output."Hate to say it, but we need to increase oil & gas output immediately," Musk wrote on Twitter on Friday. "Extraordinary times demand extraordinary measures."Musk added that although increasing oil and gas production would affect Tesla negatively, sustainable energy solutions cannot react instantaneously to make up for Russian oil and gas exports.Earlier in the day, Bloomberg News reported that the Biden administration is considering imposing a ban on imports of Russian crude oil to the United States.US Senators Joe Manchin proposed a bill that would prohibit the import of Russian crude oil, petroleum, petroleum products, liquefied natural gas (LNG) and coal.Meanwhile, US President Joe Biden, in his State of the Union Address on Wednesday, pledged to enable exports of energy from US reserves with the EU working on to curb .

Wall Street mixed as Russia's war on Ukraine stirs uncertainty

Reflecting a defensive mood on Wall Street, the S&P 500 utilities index rallied 1.9% and real estate added 1.1%