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Tag: Tesla

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, […]

Tesla awaits approval to launch smart driving feature in China
News Tech

Tesla introduces referral programme to boost sales

Electric car maker, Tesla has introduced a new referral programme that allows customers to receive additional incentives through recommendations from current customers. For customers in the US who buy the Model 3 or Model Y, the incentive, which Tesla called “Refer and Earn” on its websites, is comparable to $500 in cashback. Additionally, three months […]

Tesla cuts prices for Model Y, X, S cars
Business

Tesla offers $500 discount on EVs in China

Tesla announced on Friday that it will offer new customers of its top-selling electric vehicles in China a cash bonus of about $500 if they have a reference from an existing owner.  This has intensified a price war in the world’s largest EV market as he also stated that new customers will get free access to the […]

Tesla self driving vehicle'll arrive Q2 2023 - Elon Musk
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Tesla self driving vehicle’ll arrive Q2 2023 – Elon Musk

Tesla CEO, Elon Musk, revealed that the electric car giant is on track to achieve fully autonomous vehicles “later this year.” Speaking at the opening ceremony of an artificial intelligence conference in Shanghai via video link, Musk expressed confidence in Tesla’s progress toward achieving full self-driving capabilities without human supervision. “I think we are very […]

Tesla deliveries hit record 466140 in Q2 2022
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Tesla deliveries hit record 466140 in Q2 2022

Pioneering US automaker, Tesla, has defied market challenges and exceeded analyst projections in the second quarter, reporting a remarkable delivery of 466,140 vehicles, according to its recently released earnings report. This impressive figure represents an 83 percent surge compared to the same period last year and a 10 percent increase from the previous quarter. Industry […]

Smart TVs will eventually offer X's Long-Form Videos - Elon Musk
News

Elon Musk reclaims spot as world’s richest man

The CEO of Tesla, Elon Musk, now has a net worth of about $233 billion, surpassing Bernard Arnault, CEO of LVMH, who has a net worth of $202 billion, according to an updated Bloomberg Billionaires Index report. Since Arnault first won the top spot in March of this year, Elon and Arnault have been locked […]

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