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Tag: Tesla

Tesla unveils $60,990 entry level cybertruck
Business

Tesla unveils $60,990 entry level cybertruck

Billionaire Elon Musk’s least expensive Cyber Truck, which is made by Tesla, would cost at least $60,990. According to Bloomberg, this comes after Tesla Inc., the maker of electric cars, triumphed over a two-year ordeal marked by production setbacks and delays to formally introduce to consumers the first Cybertrucks inspired by Blade Runner. It has […]

Smart TVs will eventually offer X's Long-Form Videos - Elon Musk
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Musk’s wealth rises by $95bn as Tesla stock increases

The CEO of Tesla, Elon Musk, continues to hold the title of being the richest person in the world. According to The Times, with a rise in net worth from $95 billion to $232 billion at the time of writing, Musk witnessed the world’s largest growth in wealth, solidifying his status as a wealthy man. The stock […]

Thailand hopeful of investments from Big Tech
News Tech

Thailand hopeful of investments from Big Tech

The prime minister of Thailand, Srettha Thavisin, stated on Sunday that the company anticipated investments from Tesla, Google, and Microsoft totaling at least $5 billion. He however did not specify if the $5 billion was anticipated to be a combined investment or funded separately by each company. “Tesla would be looking into an EV manufacturing […]

Grieving widow sues Tesla over defective car model
News Tech

Grieving widow sues Tesla over defective car model

A grieving widow filed a lawsuit against Tesla after her husband’s 2020 Model 3 crashed and exploded, starting a fire that claimed his life. According to a lawsuit submitted to the U.S. District Court, Southern District of New York, the plaintiff, Jiyoung Yoon, claims Tesla was responsible for the design, manufacture, distribution, and sale of […]

Tesla share decline by 13% amid Musk backlash
News Tech

Tesla blames data breach on insider action

Tesla has blamed insider action for the over 75,000 employees of the company who were impacted by a data breach. Elon Musk’s electric car company, Tesla, disclosed in a data breach notice filed with the attorney general of Maine that an investigation had revealed that two former employees had disclosed the personal information of over […]

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

Tesla cuts prices for Model S, X cars in China

Tesla announced on Wednesday that it had reduced pricing for its current stocks of the high-end Model S and Model X vehicles in China by as much as 6.9%. A statement from the automaker on the social media site Weibo revealed that the Model S’s pricing has dropped from 808,900 yuan to 754,900 yuan ($103,477.58), […]

Tesla CFO Zachary Kirkhorn steps down after four years
News Tech

Tesla CFO Zachary Kirkhorn steps down after four years

Tesla announced on Monday that Zachary Kirkhorn had resigned as its chief financial officer and that Vaibhav Taneja, its head of accounting, had been selected as the new CFO. Kirkhorn, a 13-year company veteran, resigned from his position on Friday but will continue to work for Tesla through the end of the year. Kirkhorn wrote […]

Smart TVs will eventually offer X's Long-Form Videos - Elon Musk
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Elon Musk dethroned as world’s richest man

The 52-year-old CEO of Tesla, Elon Musk, has lost his title as the richest person in the world, according to data from the Forbes billionaire index. With an astounding net worth of $237.3 billion as of the most recent report, his longtime rival and rival on the Forbes Billionaire index, Bernard Arnault, has taken over the […]

Elon Musk discloses plans for self-driving cars
News Tech

Elon Musk discloses plans for self-driving cars

The CEO of Tesla, Elon Musk, announced new goals for artificial intelligence products on Wednesday. Those included the use of humanoid robots in factories and self-driving software, while he conceded that he had previously been overly enthusiastic. Musk noted that the producer of electric vehicles is in preliminary discussions with a significant automaker to licence […]

Leave Twitter, focus on Tesla, Investors tell Elon Musk
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Leave Twitter, focus on Tesla, Investors tell Elon Musk

Tesla skeptics are raising concerns about the future of the electric carmaker following its impressive $500 billion rally this year. Rival automakers capitalizing on the growing demand for electric vehicles pose the biggest threat to Tesla over the next two years, especially as Elon Musk’s attention appears divided across various ventures. According to respondents in […]

Elon Musk unveils AI startup
featured News Tech

Musk’s new company xAI to work with Twitter, Tesla

Elon Musk stated on Friday that xAI, his new artificial intelligence company, founded with the goal of “understanding the universe” will work with Tesla, and Twitter. The billionaire presented his idea for xAI for the first time during a 90-minute Twitter Spaces audio chat, delving occasionally into issues like the fragility of civilisation and the […]

Malaysian PM discusses Tesla investment with Elon Musk
News Tech

Malaysian PM discusses Tesla investment with Elon Musk

Tech billionaire Elon Musk on Friday spoke with Malaysian Prime Minister Anwar Ibrahim on the phone to discuss SpaceX’s satellite communications service and Tesla’s investment in the country. “I welcome the company’s interest and decision to invest in Malaysia, and Elon Musk’s willingness to come to Malaysia,” Anwar said in a statement. Earlier this year, […]