Elon Musk's response comes after incidents, ranging from arson to gunfire, have escalated near Tesla dealerships in recent weeks over his role in the Donald Trump-led US administration
Demonstrators gathered outside Tesla stores across the US to protest the automaker's billionaire CEO, Elon Musk, and his push to slash government spending on behalf of President Donald Trump. The demonstrations are part of a growing backlash in North America and Europe to Musk's disruptive role in Washington. Critics of Trump and Musk hope to discourage and stigmatise purchases of Tesla, the electric car company that is the world's most valuable automaker. Liberal groups for weeks have organised anti-Tesla protests in hopes of galvanising opposition to Musk's Department of Government Efficiency and energising Democrats still demoralised by Trump's November victory. We can get back at Elon, said Nathan Phillips, a 58-year-old ecologist from Newton, Massachusetts, who was protesting in Boston on Saturday. We can impose direct economic damage on Tesla by showing up at showrooms everywhere and boycotting Tesla and telling everyone else to get out, sell your stocks, sell your Teslas. Mu
Tesla signs lease agreement for first India showroom in Mumbai's BKC, paying Rs 35 lakh per month for a 4,000 sq ft space; Delhi showroom also planned amid hiring spree
A satellite company owned by Elon Musk has the inside track to potentially take over a large federal contract to modernize the nation's air traffic communications system. Equipment from Musk's Starlink has been installed in Federal Aviation Administration facilities as a prelude to a takeover of a $2 billion contract held by Verizon, according to government employees, contractors and people familiar with the work. Musk said that the network used by air traffic controllers is aging and requires drastic and quick action to modernize it. The Verizon system is not working and so is putting air travelers at serious risk, Musk on Monday posted on X, the social media site he has owned since 2022. The emergence of Starlink as a potential replacement for the Verizon-led effort underscores the extraordinary conflicts of interest inherent in Musk's position as both a senior White House adviser to President Donald Trump and a business mogul in charge of a sprawling array of companies. It is no
Elon Musk's cost-cutting team is eliminating jobs at the vehicle safety agency that oversees Tesla and has launched investigations into deadly crashes involving his company's cars. The National Highway Traffic Safety Administration has cut a modest amount of positions, according to a statement from the agency. Musk has accused NHTSA of holding back progress on self-driving technology with its investigations and recalls. Asked about whether the cuts would impact any probes into Tesla, the agency referred to its statement that says it will enforce the law on all manufacturers of motor vehicles and equipment. The job cuts at NHTSA enacted by Musk's advisory group on shrinking the federal government, the Department of Government Efficiency, was earlier reported by The Washington Post. In addition to investigations into Tesla's partially automated vehicles, NHTSA has mandated that Tesla and other automakers using self-driving technology report crash data on vehicles, a requirement that
India imposes nearly 100 per cent import duty on electric vehicles (EVs), making it expensive for foreign automakers to sell their cars there
The Berlin factory, which produces the Tesla Model Y, is now likely to manufacture right-hand drive vehicles for the Indian market
After prolonged speculation about Tesla's entry into the Indian market, the Elon Musk-led EV major has begun the process of setting up its manufacturing unit in India
In its initial phase, Tesla is likely to introduce the Model 3 and Model Y in India. However, both models are currently priced way above $25,000 in international markets
Tesla has advertised job openings on LinkedIn for 13 positions across vehicle service, sales, customer support, operations, and business development
This move signals Tesla's plans to enter the Indian market after Musk's recent meeting with Prime Minister Narendra Modi during his recent US visit
Since Trump's election, the billionaires of Silicon Valley have jockeyed to influence the new administration. None of them have been more successful than Musk
CATL, the world's largest battery maker, is a major supplier of lithium iron phosphate (LFP) batteries to Tesla for its Shanghai factory
Matthew Livelsberger, 37, died by suicide after shooting himself and detonating explosives inside a rented Tesla Cybertruck, authorities said on Friday
A highly decorated Army soldier who fatally shot himself in a Tesla Cybertruck just before it blew up outside the Trump hotel in Las Vegas left notes saying the New Year's Day explosion was a stunt to serve as a wake up call for the country's ills, investigators said Friday. Matthew Livelsberger, a 37-year-old Green Beret from Colorado Springs, Colorado, also wrote in notes he left on his cellphone that he needed to cleanse his mind of the brothers I've lost and relieve myself of the burden of the lives I took. Livelsberger served in the Army since 2006 and deployed twice to Afghanistan. This was not a terrorist attack, it was a wake up call. Americans only pay attention to spectacles and violence. What better way to get my point across than a stunt with fireworks and explosives, Livelsberger wrote in one letter found by authorities and released Friday. The explosion caused minor injuries to seven people but virtually no damage to the Trump International Hotel. Authorities said that
A senior British politician pushed back Friday on Elon Musk's criticism of the government's handling of a historic child grooming scandal. In recent days, Musk has shared and reacted to posts on his X platform that have been critical of the British government after it rejected a call for a public inquiry into the grooming scandal in the north of England town of Oldham. Though Health Secretary Wes Streeting said Musk's views were was "misjudged and certainly misinformed, he urged the world's richest man and close confidant of US President-elect Donald Trump to work with the government on tackling the issue of child sexual exploitation. The government has argued that Oldham must follow in the footsteps of other towns and commission its own inquiry into the historical abuse of mainly girls. A 2022 report into safeguarding measures in Oldham between 2011 and 2014 found that children were failed by local agencies, but that there was no cover-up despite legitimate concerns that the ...
On Wednesday, SpaceX and its investors agreed to purchase $1.25 billion of shares from employees and other company insiders. The deal, which values the privately held space exploration firm at about
Delaware Chancery Court Judge Kathaleen St. J McCormick decided to stick with her original finding in January that the company's board was too much under the influence of Musk in 2018
The move to drop the lawsuit was announced in a one-page court filing by both companies in a Manhattan court
There is growing evidence of liquidity tightening in the US, Wood said, which raises a near-term risk to equities