Tesla Inc

Elon Musk's record $56 bn Tesla pay deal again rejected by US judge

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

Elon Musk cutting $2 trn in US spend is negative for markets: Chris Wood

There is growing evidence of liquidity tightening in the US, Wood said, which raises a near-term risk to equities

China's BYD closing in on Ford deliveries after besting Tesla on revenue

The extraordinary sales volumes being pumped out by China's best-selling car brand means BYD has a shot at beating Ford

Tesla is EV company again, back to car biz after failed robotaxi event

Tesla beat the consensus earnings estimate for the first time in five quarters, albeit an estimate that has roughly halved over the past year

Musk's vow to make lots of Robotaxis conflicts with US auto safety rules

Regulatory hurdles were one of multiple issues Musk sidestepped during his much-anticipated unveiling of robotaxi, billed as a pillar of the Tesla CEO's push into robotics and artificial intelligence

Tesla's optimus bots remotely operated by humans at recent cybercab event

The use of human input raises questions over the capabilities and market readiness of the bot, which Musk said last week he expects to be the biggest product ever of any kind

Tesla sells $783 million of prime auto lease-backed debt to investors

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

Musk-backed PAC under probe for potential violation of Michigan laws

The Musk-backed America PAC has been acquiring detailed voter information from those living in Michigan

Tesla faces lawsuit by family of motorcyclist killed in Autopilot crash

The lawsuit adds to growing scrutiny of Tesla's driver assistant systems Autopilot and Full Self-Driving

Stock Market Highlights, July 25: Nifty holds 24,400 amid F&O expiry; Axis Bank falls 5%, TaMo up 6%

Stock Market Highlights today, July 25: The BSE Sensex index ended at 80,040, down 109 points. The BSE Midcap, and SmallCap indices closed 0.2 per cent and 0.14 per cent lower, respectively

Elon Musk launches poll on X asking if Tesla should invest $5 bn in xAI

Nearly 3 hours after the poll was posted, roughly 386,000 people had participated with 70% voting in favour of the investment.

News updates: Microsoft says about 8.5 million of its devices affected by CrowdStrike-related outage

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Elon Musk to give $45 million every month to pro-Trump political group

The donations show the growing momentum Trump has among big donors in the technology and financial worlds

US prez polls: Musk donates to Trump, tapping fortune to swing 2024 race

The money injection from Musk comes at a time when Trump has overtaken his rival, President Joe Biden, in fundraising with the help of deep-pocketed Wall Street and corporate donors

SpaceX rocket fails, leaves Starlink's internet satellites in wrong orbit

A SpaceX rocket has failed for the first time in nearly a decade, leaving the company's internet satellites in an orbit so low that they're doomed to fall through the atmosphere and burn up. The Falcon 9 rocket blasted off from California on Thursday night, carrying 20 Starlink satellites. Several minutes into the flight, the upper stage engine malfunctioned. SpaceX on Friday blamed a liquid oxygen leak. The company said flight controllers managed to make contact with half of the satellites and attempted to boost them to a higher orbit using onboard ion thrusters. But with the low end of their orbit only 84 miles (135 kilometres) above Earth less than half what was intended our maximum available thrust is unlikely to be enough to successfully raise the satellites, the company said via X. SpaceX said the satellites will reenter the atmosphere and burn up. There was no mention of when they might come down. More than 6,000 orbiting Starlinks currently provide internet service to ...

Elon Musk beats $500 million severance suit over mass Twitter layoff

Several similar cases filed by former Twitter employees and executives are moving through the courts

In a first, Tesla deliveries expected to dip 6% for second straight quarter

Tesla has hit a speed bump after years of rapid growth that helped make it the world's most valuable automaker

Tesla seeks to delay July hearing in battle over Musk's pay package

A delay in the hearing would further hold up the judge's decision on how much to award in lawyer compensation

Supercar maker Ferrari's first electric car to cost over $500,000

The Italian brand, famed for its roaring petrol engines, has said it will launch an electric car late next year, and the planned price shows its confidence that ultra-wealthy drivers are ready for it

As demand for electric vehicles dwindles, what are startups doing about it?

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