Last year, some top Tesla executives were shocked when Elon Musk publicly denied a report saying the company had canceled its plan to make a new affordable electric car. This car, often called the Model 2, was expected to cost around $25,000 and help Tesla sell more vehicles worldwide. However, behind the scenes, Musk had …
Tesla CEO Elon Musk stated that the company was sending out functional humanoid robots to factories in 2025. The name given to those robots would be Optimus. They are all set to hit the markets in the year 2026. Musk posted the update on his social media platform, X. Elon Musk and Tesla's Humanoid RobotsTesla's …
Tesla CEO Elon Musk announced that the electric car manufacturer will begin producing and utilizing humanoid robots next year. In a social media post, Musk shared that these robots will initially be used within Tesla and are set to be available for purchase by 2026. Previously, he had indicated that the robot, named Optimus, would …
Tesla shares have dropped after delaying the launch of its self-driving taxis. The electric car maker’s shares fell 1.8% in premarket trading following an 8.4% plunge on Thursday, its largest decline since January. According to Bloomberg News, Tesla has postponed the unveiling of its Robotaxis from August to October. In recent months, CEO Elon Musk …
For the first time, Tesla lost its grip on its more-than-50 percent domination of the US electric vehicle market, as other carmakers like Ford, Kia, and BMW bang their way into electric car sales. This change indicates rising competition in the EV market. The newest report from Cox Automotive says Tesla now accounts for less …
Tesla's stock surged by 27% this past week, wiping out all its losses for the year, following some bad performance at the beginning of the year. The surge was way beyond the anticipated Q2 vehicle delivery figures. Despite the demanding situations for Tesla, its perception remains great towards the future with new projects in line, …
The upcoming hearing on Elon Musk's pay package is scheduled for July 8, 2024, and will not take into account the TSLA shareholder vote that supported the 2018 compensation plan. Earlier this month, during the Annual Stockholder Meeting, Tesla shareholders voted to reapprove Elon Musk’s 2018 pay package. The investors voted in favor of ratifying …
Elon Musk has asserted that Tesla shareholders are voting by a substantial margin to approve his $56 billion (£44 billion) compensation package, ahead of the electric carmaker’s critical annual general meeting on Thursday. This package is the largest ever awarded to a CEO in U.S. corporate history and faces an investor ballot after a U.S. …
Tesla is set to recall 125,227 vehicles in the United States due to a defect in the seat belt warning system that could increase the risk of injury in an accident, according to an announcement made by the National Highway Traffic Safety Administration on Friday. The issue lies in the fact that these vehicles do …
As Tesla's fourth week of layoffs unfolds, employees are left reeling from the abrupt termination notices flooding their inboxes. With each passing week, the atmosphere at Elon Musk's automotive company grows increasingly tense, as workers grapple with the uncertainty and upheaval brought about by the ongoing layoffs. Social media platforms have become a forum for …
In today's digital age, social media has become a battleground for car brands. It's a platform to showcase not just sleek designs and cutting-edge technology, but also brand personality and a connection with car enthusiasts. But who reigns supreme in the realm of car social media? Buckle up, gearheads, as we explore the contenders for …
Tesla has announced a comprehensive recall of all Cybertruck units due to a technical fault. The National Highway Traffic Safety Administration (NHTSA) brought attention to the issue, stating that it could result in the pedal pad dislodging and becoming trapped in the vehicle's interior trim when significant force is applied. The problem stemmed from an …
In a recent report from The Wall Street Journal, it has been alleged that associates and business partners of Elon Musk are compelled to engage in drug use to maintain their proximity to the tech mogul. Board members and directors of Musk's companies, including Tesla and SpaceX, are reportedly participating in or facilitating his substance …
Elon Musk, the visionary entrepreneur, has become synonymous with cutting-edge technology and innovation. His early investments and the beginning of his career have shaped the landscape of modern technology and business. Let's explore the transformative journey of Elon Musk, from his early investments to the start of his illustrious career. 1. Zip2 Corporation: A Pioneering …
