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Tag: Tesla

Tesla retrieves 3,470 Model Y cars over loose bolts
News

Tesla retrieves 3,470 Model Y cars over loose bolts

  One of the leading electric vehicles makers, Tesla,  said it will retrieve around 3,470 2022/2023 Model Y vehicles in the United States owing to loose bolts. According to the report filing made public on Saturday by National Highway Traffic Safety Administration, the vehicles will be recalled owing to the loose tightening of the bolts […]

Elon Musk's X platform hits milestone
Business

Elon Musk becomes world’s richest man again

Tesla Chief Executive Officer, Elon Musk, has regained his title of the richest man in the world, after losing it for 82 days.   He had lost the title to French billionaire, Bernard Arnault, CEO, of LVMH Moët Hennessy Louis Vuitton, the world’s largest luxury goods company, on December 8, 2022, steming from controversies surrounding […]

Tesla Germany produces 4000 cars weekly beyond projection
News

Tesla Germany produces 4000 cars weekly beyond projection

Global manufacturer of automobiles, Tesla, announced on Monday that its German factory in Brandenburg, close to Berlin, is now manufacturing 4,000 cars per week, quadrupling from May when Chief Executive, Elon Musk had equated investment in Tesla’s new factories to “gigantic money furnaces.” The Berlin factory achieved its production goal three weeks earlier than the […]

Elon Musk sues law firm over Twitter buyout charges
News

Elon Musk hints at Twitter sale by end of 2023

Twitter chief executive, Elon Musk, has hinted about a possible succession for his role in the company towards the end of the year.   In a tweet on Wednesday, Musk hinted that towards the end of this year would be a “good time” to find someone to succeed him as the chief executive of Twitter. […]

News

Musk sells $3.9bn Tesla shares after Twitter deal

Tesla boss and new Twitter CEO, Elon Musk, has sold another 19.5 million shares of the electric car maker worth $3.95bn.   This is coming less than two weeks after the world’s richest man completed his $44bn takeover of Twitter.   BBC reported that Tesla’s share price has fallen by more than 50% since the […]

X to offer paid users xAI chatbot - Musk
News

Twitter stock falls as Elon Musk mocks lawsuit

Twitter stock fell Monday after Tesla chief Elon Musk ditched the $44 billion deal to buy the social media giant. According to AFP, the platform’s stock dropped 5.46 per cent on Wall Street, to $34.80 by around 7:05 am (11:05 GMT). It had lost 5.10 per cent before the weekend. Musk on Friday pulled the […]

X to offer paid users xAI chatbot - Musk
News

Elon Musk’s Starlink to operate in Nigeria

Elon Musk, the billionaire tech entrepreneur, has announced that his satellite Internet service, Starlink, has been granted approval to begin operations in Nigeria. Musk made this known via his Twitter account on Friday, stating that Starlink had been licensed to operate in Nigeria and Mozambique. “Starlink approved by Nigeria and Mozambique,” he simply wrote. This […]

X to offer paid users xAI chatbot - Musk
News

Twitter shareholders sue Elon Musk for ‘unlawful conduct’

Shareholders of social media giant, Twitter, have filed a lawsuit against Elon Musk on grounds of “unlawful conduct” aimed at sowing doubt about his intention to finalise the acquisition deal on the company. According to ABC News, the lawsuit filed late Wednesday in the U.S. District Court for the Northern District of California claims the […]

X to offer paid users xAI chatbot - Musk
News

Twitter deal on hold, says Elon Musk

Elon Musk said on Friday he was putting a temporary halt on his much-anticipated deal to buy Twitter, sending shares in the social media giant plunging. “Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” he wrote on Twitter. Musk, the world’s richest man […]