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Tag: Tesla

Business

US opens second probe into fatal Tesla crash

The United States government has launched a second federal investigation into a recent Tesla crash in Texas that allegedly occurred while the vehicle’s driver-assistance technology was active. The accident resulted in the vehicle striking a residential home and killing a 76-year-old woman. The victim, Martha Avila, died when the Tesla Model 3 crashed into her […]

Tesla’s profits crash as sales slump, trade tensions loom
Tech

Tesla sold nearly $890m in EVs, batteries to SpaceX

Tesla has generated about $890 million in revenue from deals with SpaceX and xAI since 2023, highlighting the growing financial links across Elon Musk’s business empire. In a regulatory filing released Wednesday, SpaceX disclosed that it purchased roughly $131 million worth of Tesla Cybertrucks in 2025, confirming an earlier Bloomberg report. Most of the transactions […]

Tesla recalls nearly all cybertrucks over safety concern
Tech

Tesla cuts prices, unveils lower-cost Cybertruck to boost sales

Tesla introduced a more affordable Cybertruck model in the United States on Thursday and cut the price of its top-tier Cyberbeast edition as the electric vehicle maker works to boost demand for its pickups. The new dual-motor all-wheel-drive Cybertruck is priced at $59,990, marking Tesla’s “most accessible” version yet, while the Cyberbeast now costs $99,990, […]

Grieving widow sues Tesla over defective car model
Tech

Tesla dethroned as world’s best-selling EV maker

Tesla has been dethroned as the world’s top-selling electric vehicle maker. The US automaker endured a challenging year, marked by concerns over CEO Elon Musk’s political engagements and intensifying competition abroad, which drove sales lower for a second consecutive year. Tesla said it delivered 1.64 million vehicles in 2025, down 9 per cent from the […]

Tesla slashes prices of cars in China, Germany, Africa
Tech

Tesla launches affordable Model 3 variant across European markets

The new Model 3 Standard is priced at 37,970 euros ($44,300) in Germany, 330,056 Norwegian kroner ($32,698) in Norway, and 449,990 Swedish kronor ($47,820) in Sweden, according to Tesla’s website. Tesla introduced a more affordable version of its Model 3 in Europe on Friday, months after its debut in the United States, according to the […]

Tesla’s profits crash as sales slump, trade tensions loom
Tech

Tesla confirms AI5 chip almost ready, AI6 underway

Tesla says it is nearing completion of its next-generation AI chip, AI5, and has already begun work on its successor, AI6, as CEO Elon Musk reiterated the goal of rolling out a new chip design into mass production every year. The company confirmed that Samsung and TSMC will both fabricate the chips, a dual-sourcing strategy […]

Elon Musk announces upcoming release of AI chatbot Grok 3
Tech

Tesla shareholders approve Elon Musk’s $1tn pay package

Tesla shareholders have approved CEO Elon Musk’s nearly $1 trillion pay package, with about 75 per cent voting in favour. The company’s board had urged investors to back the plan, first introduced in September, though top proxy advisors Glass Lewis and ISS advised against it. The results were announced Thursday during Tesla’s annual shareholders meeting […]

Business

Tesla sales surges as buyers rush to secure tax credits

Tesla’s third-quarter deliveries beat expectations on Thursday, driven by a surge in United States EV buyers rushing to secure tax credits before they expired at the end of September. The Elon Musk led company had repeatedly highlighted the deadline, pairing it with discounts and financing offers to accelerate sales and leases of its vehicles. However, […]

Grieving widow sues Tesla over defective car model
Tech

Tesla stock jumps as Musk makes $1bn share purchase

Elon Musk has responded to Tesla Inc.’s record pay proposal by purchasing about $1 billion worth of shares, a move that lifted the stock in premarket trading. According to a regulatory filing released Monday, the billionaire acquired the shares indirectly through a revocable trust on Sept. 12. The purchases came as Tesla Chair Robyn Denholm […]

US court revives lawsuit against Elon Musk over child porn content
Business

Tesla proposes record $1trn pay package for Musk

Tesla’s board has proposed a $1 trillion compensation plan for CEO Elon Musk in what would be the largest corporate pay package in history, underscoring the hold Musk has over the carmaker as it attempts to transform into an AI and robotics powerhouse. The world’s richest person has consistently asked for a bigger stake in […]

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