Page 3 - Elon Musk Tesla

Tesla shareholder sues Musk to return billions in alleged unlawful gains

The lawsuit comes two days before a critical vote by Tesla shareholders on whether to reinstate Musk's $56 billion pay package

Elon Musk drops lawsuit accusing OpenAI of breaching founding mission

Musk was an early backer of the startup and part of its founding team, before he had a falling out with the company

Looking forward to 'exciting work' in India, says Musk; congratulates Modi

American tech billionaire Elon Musk on Friday said he is looking forward to his companies doing "exciting work" in India as he congratulated Prime Minister Narendra Modi on his historic election victory. Modi will be administered the oath of office on June 9, his third consecutive term as Prime Minister. Congratulations @narendramodi on your victory in the world's largest democratic elections! Looking forward to my companies doing exciting work in India, Musk said in a post on X. The congratulatory message came two months after the CEO of the electric carmaker Tesla and microblogging platform X in April postponed his proposed visit to India due to "very heavy Tesla obligations". Musk -- who was expected to be in India on April 21 and 22 and scheduled to meet Prime Minister Modi -- later wrote on X that he is looking forward to coming to India later this year. In June last year, Musk met with Modi during the latter's US visit and stated that he planned to visit India in 2024 while

Tesla shareholder sues Elon Musk for alleged $7.5 bn insider trading

According to the lawsuit, Musk sold the shares on various dates in November 2022 and December 2022

Trump may appoint Elon Musk for White House advisory role if he wins

Although Trump has not finalised the specifics, the two have been in discussions over how Musk may provide "formal input" on matters like the border, the economy, and stopping voting fraud

Tesla's $56 bn pay package for Elon Musk opposed by Calpers CEO Frost

Musk criticized Frost's remarks, saying in a post on his social media platform X that the pension fund 'is breaking their word'

Elon Musk plans xAI supercomputer to power next version of chatbot Grok

Musk said he wants to get the proposed supercomputer running by the fall of 2025, as per the report, adding that xAI could partner with Oracle to develop the massive computer

Elon Musk's SpaceX in discussion to sell shares at $200 billion valuation

A $200 billion valuation would be a premium to the $180 billion valuation the company obtained through its most recent tender offer

Elon Musk predicts AI to eradicate all jobs, says it may not be a bad thing

The Tesla CEO suggested that in the future, individuals could take up jobs as a hobby, as AI robots will provide most goods and services

Tesla doing damage-control, offers discounts to European fleet buyers

The efforts include unofficial discounts on purchases of new cars if they are in stock and efforts to address widespread service

Musk arrives in Indonesia to launch Starlink satellite internet service

Elon Musk arrived in Indonesia's resort island of Bali on Sunday to launch Starlink satellite internet service in the world's largest archipelago nation. The billionaire head of Tesla and SpaceX and owner of social platform X arrived by private jet on the idyllic island of the gods, which is renowned for its tropical beaches, terraced rice paddies, mystical temples and colorful spiritual offerings. Musk is slated to launch the service alongside Indonesian President Joko Widodo in a ceremony later Sunday at a public health clinic in Denpasar, the provincial capital of Bali. Musk will also sign an agreement on enhancing connectivity in the country's health and education sectors, said Indonesia's Coordinating Minister of Maritime and Investment Luhut Binsar Pandjaitan, who welcomed Musk at the airport. Pandjaitan, a close ally of Widodo, did not provide more details about the agreement between the Indonesian government and Musk's SpaceX, the aerospace company that operates Starlink ...

Elon Musk pushes plan for China data to power Tesla's FSD ambitions

Tesla's efforts underscore the speed of the electric vehicle maker's pivot to bet on a breakthrough in AI at a time when EV demand has slowed and its competition has deepened

Tesla plans to fire 601 more employees in California amid falling sales

The electric carmaker said last month it would lay off 6,020 people in California and Texas, as part of the headcount cuts

Strong solar storm hits Earth, disrupts Musk's Starlink satellites

Starlink owns around 60% of the roughly 7,500 satellites orbiting Earth and is a dominant player in satellite internet

Tesla sends top executive Tom Zhu back to China as sales slump worsens

After surging 15 per cent following Musk's Beijing visit, the stock has retraced more than half those gains, as the company deals with a myriad of issues

Indian EV startup extends offer to Tesla interns spurned by Elon Musk

Bengaluru-based electric vehicle startup Pravaig Dynamics has made offers to Tesla interns, who saw their offers getting revoked weeks before their start date, inviting them to join the Silicon Valley of India that will recognize and appreciate their talents. Tech billionaire Elon Musk's latest cost-cutting victims are summer interns with his flagship Tesla Inc, rescinding offers just weeks before internships were to start. As several aspiring employees took to LinkedIn to express anguish at not being left with enough time to find replacement gigs for the summer, Pravaig offered help. "At Pravaig Dynamics we understand the importance of feeling valued and supported in your career pursuits. That's why we want to extend a genuine invitation to those affected by this unfortunate situation," Shivangi Bagri, Partner at Pravaig wrote on her LinkedIn page. Bagri, who looks after HR at the startup which manufactures electric SUVs as well as high precision batteries for EVs, said the Tesla

Why is Elon Musk's Tesla Inc. suing Gurugram-based Tesla Power India?

American EV manufacturer has lodged a complaint with the Delhi High Court against Gurugram-based Tesla Power India for violating its trademark

Tesla 'has to be India' as Musk defers meeting with PM Modi: Analysts

EV industry experts says Tesla's presence in the country in inevitable as business slows down elsewhere

Tesla's plan for affordable cars follows playbook of its Detroit rivals

Tesla said the change would allow the company to launch low-cost vehicles swiftly but would result in smaller cost reduction than had been expected and modest volume growth

Tesla CEO Elon Musk postpones India trip; to visit later this year

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