Ross Gerber, CEO of Gerber Kawasaki Wealth and Investment Management and aprominent Tesla investor, said robotaxis and AI were not the fundamental businesses he wanted Musk to focus on
Robotaxi is a fully autonomous two-seater with no steering wheel or pedals; Elon Musk hails it as Tesla's most significant launch since the Model 3
Tesla's latest deal comes from its active lease platform, and is made up of more than 26,000 leases with borrowers holding a weighted average FICO credit score of 764, according to deal documents
Elon Musk's Tesla robotaxi aims to revolutionise autonomous transport, but its Chinese competitors face mounting challenges in profitability and regulation
Musk has cultivated devil-may-care persona, travelling world, hanging out with moguls, leaders, celebrities, and smoking in public, but in private, he has barricaded himself behind armed bodyguards
States like Gujarat and Tamil Nadu are competing to attract Tesla's component suppliers, hoping that a robust local supply chain will convince the EV maker to establish operations in their regions
Tesla has hit a speed bump after years of rapid growth that helped make it the world's most valuable automaker
US EV startups are lowering manufacturing costs, laying off workforce, and racing to develop cheaper models to navigate a slump in demand due to steep borrowing costs
Tesla last year skipped merit-based stock awards to employees
The approval underscores the support that Musk enjoys from Tesla's retail investor base, many of whom are vocal fans of the mercurial billionaire
The US Space Force, which manages the launch procurement program, said Blue Origin received $5 million to provide an assessment of how it will meet the Pentagon's launch requirements
The lawsuit comes two days before a critical vote by Tesla shareholders on whether to reinstate Musk's $56 billion pay package
The electric carmaker said last month it would lay off 6,020 people in California and Texas, as part of the headcount cuts
Musk on the trip intended to discuss the rollout of FSD and whether Tesla could secure government approvals to transfer data overseas that could prove pivotal in its development of autonomous vehicles
Musk said he would dismiss everyone working for Tinucci and Ho, including the roughly 500 employees who work in the Supercharger group
While Tesla relies only on cameras to detect hazards around self-driving cars, other automakers are rolling out systems that include lidar, which uses pulses of light to detect objects
Tesla's Model Y and three cars made it onto a top Chinese auto association's list of 76 car models found to be compliant with China's data security requirements
EV industry experts says Tesla's presence in the country in inevitable as business slows down elsewhere
Elon Musk's trip to India has been postponed over reports claiming that he has a scheduled call with investors and analysts regarding Tesla's earnings on April 23
The world's top EV maker said it plans to raise production by 50% from 2023 to its current capacity of close to 3 mn vehicles before investing in new manufacturing lines