Page 6 - Elon Musk Tesla

Tesla to take shareholder vote on shifting incorporation to Texas: Musk

Tesla Inc will move immediately to hold a shareholder vote to transfer the electronic vehicle (EV) maker's state of incorporation to Texas from Delaware, Musk said

Delaware judge rules 'unfathomable' pay deal made Tesla CEO overpaid

The judge called Tesla's process of approving the pay package "deeply flawed"

Elon Musk risks losing world's richest title after pay package voided

It remains unclear whether Musk will appeal Tuesday's ruling or Tesla's board will draw up a new pay package

Tesla to recall 200,000 vehicles in US to fix rearview glitch: Report

The development comes less than two months after the company recalled nearly all its vehicles in the United States to install new safeguards in its Autopilot advanced driver-assistance system

Tesla expects slowing of growth before new EV model launch in 2025: Musk

Tesla started slashing the prices of its cars in late 2022, igniting a price war that singed US rivals including Ford, who have all slowed EV production

Musk's AI startup secures $500 million toward $1 billion funding goal

Elon Musk's artificial intelligence company, xAI, has secured $500 million in commitments from investors toward a $1 billion goal, according to people with knowledge of the talks

M&M calls for level playing field for EVs amid Tesla's India entry plans

DAVOS, Switzerland, Jan 16 (Reuters) - Indian automaker Mahindra & Mahindra has told the government there must be a level playing field between domestic and foreign players and local manufacturing must be promoted, a top executive said, as New Delhi seeks to lure carmakers such as Tesla.

Tesla is raising worker wages as auto union tries to raise its EV plants

Factory workers at Tesla have been told to expect pay raises this year, a move that comes as the United Auto Workers union tries to organize the electric vehicle maker's U.S. plants. The UAW said Thursday that Tesla workers have told the union about company statements on the raises, which did not give details about the size of the increases. After winning strong contracts with Detroit's three automakers last year, the union has embarked on an effort to organize all nonunion auto plants in the U.S., including Tesla's assembly and battery factories in Texas, California and Nevada. The Tesla raises come after nearly all companies with nonunion auto plants announced worker pay increases shortly after the UAW contracts were ratified. The UAW said its organizing drive will target more than a dozen U.S. plants run by Toyota, Honda, Hyundai, Nissan, Subaru, Mazda, Volkswagen, Mercedes, BMW and Volvo. Tesla also is on the list, along with EV startups Rivian and Lucid. UAW President Shawn F

LSD, cocaine: Elon Musk's drug use concerns Tesla and SpaceX execs

Musk has used LSD, cocaine, ecstasy and psychedelic mushrooms, often at private parties, the Journal said, citing unnamed witnesses and others with knowledge of the matter

Tesla recalls over 1.6 mn imported vehicles for steering, door issues

Tesla is recalling more than 1.6 million Model S, X, 3 and Y electric vehicles imported to China for problems with their automatic assisted steering functions and door latch controls. China's State Administration for Market Regulation announced the recall on Friday. It said Tesla Motors in Beijing and Shanghai would use remote upgrade technology to fix the problems, so in most cases car owners would not need to visit Tesla service centres to get the upgrades. The recall due to problems with the automatic steering assist function applies to 1.6 million imported Tesla Model S, Model X, Model 3 and Model Ys. When the automatic steering function is engaged, drivers might misuse the combined driving function, increasing a risk of accidents, the notice said. The recall to fix the door unlock logic control for imported Model S and Model X EVs affects 7,538 vehicles made between October 26, 2022 and November 16, 2023. It is needed to prevent door latches from coming open during a ...

Tesla planning to revamp smash hit model Y from Shanghai plant: Report

Earlier this year, Tesla revamped its six-year-old Model 3 sedan with a sleeker look and longer range to attract customers

Tesla to recall over 120,000 vehicles in US: Road safety regulator

The Elon Musk-led automaker has released an over-the-air (OTA) software update to address the issue, the National Highway Traffic Safety Administration (NHTSA) said

Cybertruck designer says Tesla stainless steel pickup is no experiment

The stainless-steel clad truck is all angles, in part because a traditional press can't bend the steel into curves

Tesla autopilot recall threatens its defence in lawsuits over crashes

An increased threat of losses for Tesla in Autopilot litigation could embolden others to challenge the technology in court and force the company to pay compensatory damages

Larry Page, Elon Musk on opposite sides in debate over risks of AI

Last month, that infighting came to OpenAI's boardroom. Rebel board members tried to force out Altman because, they believed, they could no longer trust him to build AI that would benefit humanity

Elon Musk's cybertruck is already a production nightmare for Tesla

Last month, on the same earnings call where Musk referred to Tesla digging its own grave, he warned that the Cybertruck "has a lot of bells and whistles"

Tesla may invest $2 billion for manufacturing in India but with conditions

Tesla is also likely to commit 20% localisation in its Made in India cars in the first two years and it may increase to 40% in four years

Tesla on way to double its components imports from India: Piyush Goyal

In September, Goyal had said the company is looking to source components worth $1.9 billion from India this calendar year, compared to $1 billion in 2022

Tesla to import completely made electric cars from Germany into India

Earlier this month, Reuters reported that Tesla is planning to build a $26,838 car at its factory near Berlin

Musk's X takes down hundreds of Hamas-linked accounts, informs CEO

Elon Musk's social media platform X has removed hundreds of Hamas-linked accounts and taken down or labelled thousands of pieces of content since the militant group's attack on Israel, according to the CEO of the company, formerly known as Twitter. Linda Yaccarino on Thursday outlined efforts by X to get a handle on illegal content flourishing on the platform. She was responding to a warning from a top European Union official, who requested information on how X is complying during the Israel-Hamas war with tough new EU digital rules aimed at cleaning up social media platforms. "So far since the start of the conflict, X has identified and removed hundreds of Hamas-affiliated accounts from the platform," Yaccarino said in a letter posted on X. The platform is proportionately and effectively assessing and addressing identified fake and manipulated content during this constantly evolving and shifting crisis, she wrote in response to the request from European Commissioner Thierry Breton,