Page 7 - Tesla

Elon Musk confirms commitment to remain Tesla CEO for the next five years

Billionaire Elon Musk said Tuesday he's committed to being CEO of Tesla in five years' time as the automaker faced intense consumer and stock-price pressure over his work with President Donald Trump's government. The question came as Musk made a video appearance at the Qatar Economic Forum hosted by Bloomberg after Musk recently travelled to Doha as part of Trump's Mideast trip last week. The SpaceX and Starlink chief offered terse sentences and grew combative over questions regarding his businesses and how his involvement in American politics had affected his businesses. A moderator asked: Do you see yourself and are you committed to still being the chief executive of Tesla in five years' time? Musk responded: Yes. The moderator pushed further: No doubt about that at all? Musk added, chuckling: I can't be still here if I'm dead." Tesla has faced intense pressure as Musk worked with Trump as part of its self-described Department of Government Efficiency effort, particularly amid

'Thank you for the ride': Denmark firm ends Tesla use over Musk's politics

Denmark's Tscherning drops entire Tesla fleet, citing Elon Musk's political stance; says move reflects company values, not concerns about EV performance

Tesla tightens rules to limit shareholder suits after Musk pay battle

Tesla changed its bylaws to require investors to hold at least 3% of shares to file or maintain a derivative lawsuit, aiming to limit future legal challenges like those over Musk's pay package

Tesla board forms panel to explores new pay deal for CEO Elon Musk: Report

Musk kicked off an appeal in March against the order, claiming a lower court judge made multiple legal errors in rescinding the record compensation

Tesla eyes new pay deal for Musk as legal row over $56 bn package drags on

A special board committee has been established to explore compensation options amid leadership uncertainty

Tesla scouts for land in Satara to set up completely knocked down unit

Last week, Tesla's India head Prasanth Menon stepped down. A Tesla's China team will now oversee the EV maker's India operations

Tesla India head Prashanth Menon resigns as EV maker prepares India entry

Prashanth Menon's resignation comes as Tesla plans entry into Indian markets

Tesla's 'Robotaxi' trademark refused for being too generic: Report

Another application by Tesla to trademark the term "Robotaxi" for its upcoming ride-hailing service is still under examination by the office, the report said

Musk's next challenge? Reviving Tesla as Europe sales plunge 50% in a year

Tesla sales plunged by more than half last month in several European countries in a sign that Elon Musk could struggle to revive the company after he shifts from his Washington work to running the automaker again. Tesla sales collapsed in April by more than two-thirds from a year earlier in Sweden, the Netherlands and Denmark, according to auto groups and government agencies Friday. Sales at the Austin, Texas, company dropped by 59% in France and 38% in Norway. The countries are not major drivers of sales overall, but they are the first to report April results and thus a foretaste of possible trouble elsewhere as Tesla reels from protests and boycotts over Musk wading into politics. In Germany, where he told voters their country was lost if they didn't vote for a candidate widely derided for her extreme views, sales plunged 62% in the first three months this year. German sales for April are not out yet. Financial analysts covering Tesla are worried about the Musk backlash but cauti

Tesla chair denies report that EV maker seeks new CEO to replace Musk

Musk said on X the report was a 'deliberately false article'. Activist investors have long accused Tesla's board of lacking independence and failing to rein in Musk

DOGE 'should definitely' examine Federal Reserve costs, says Musk

Musk's suggestion that DOGE should examine the Fed is the latest example of how President Donald Trump is aiming to exert more political control over the independent central bank

Tesla board rejects new CEO search reports, backs Musk to lead growth plans

According to WSJ report, Tesla's eight-member board is also seeking to appoint an independent director

Musk nears end of 130-day DOGE stint, $113 billion wealth wiped out

Tesla's stock dropped 33% since inauguration. The EV maker's sales plummeted

Tesla refunds early India bookings for Model 3 signaling entry is near

The Elon Musk-led car maker is refunding the years-old bookings since the older generation of the Model 3 is being discontinued

BYD Q1 results: Net income jumps to $1.3 billion, overtakes Tesla

Considering the first three months of the year are generally the slowest for Chinese automakers, with the period containing the long Lunar New Year holiday, BYD looks set for a strong 2025

Ex-Tesla hand steers San Fransisco-based Zeno into India e-motorcycle race

First model to roll out at mass-market prices by Q4 2025

Tesla's Q1 slump sees Musk shifting focus, but challenges loom for company

The bigger problem is that Tesla's ageing vehicle lineup has collided with increasing competition, something that Musk's DOGE duties compounded but did not create

Musk to spend less time at DOGE as Tesla's Q1 profits drop sharply

US billionaire and Tesla CEO Elon Musk's role in the Trump administration and his drive to cut federal spending have sparked widespread criticism and global protests

Tesla bull issues 'code red,' urges Musk to step back from DOGE role

Tesla shares have fallen 43 per cent since January 17. When the company reports earnings Tuesday, it will face questions about volume sales for 2025

Tesla owner files class-action suit over warranty-voiding odometers

A Tesla owner is suing the company, claiming odometers were altered to end warranties faster, and is seeking a class-action lawsuit for all affected drivers