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Bengaluru: While Elon Musk has announced not to bring Tesla cars to India unless his demands are met, the rich and the famous are not deterred from importing a Tesla vehicle to the country. A privately imported long-range model of Tesla Model Y on the street of Bengaluru has now surfaced online. In the posts […]
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New York: Tesla proposed a three-for-one split of its stock on Friday, a move that will make a single share of the electric car maker more accessible to investors but not affect the company’s overall market value. Tesla Inc. made the announcement in its annual proxy statement, which also said Oracle co-founder Larry Ellison will […]
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San Francisco: Tech billionaire Elon Musk said he believes that the upcoming Cybertruck will be the company’s “best product ever”. According to Teslarati, the Cybertruck was spotted at the Moss Landing Battery System’s commissioning event in California earlier this week. It was sporting its 30X Cold-Rolled Stainless-Steel exoskeleton and its somewhat challenging wiper blade, which […]
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Hyderabad: Tesla founder and world’s richest person Elon Musk has been going back and forth on one of the most popular and controversial deal agreement in the tech world. He first announced that he has reached a deal to buy micro-blogging platform Twitter for $44 billion on April 25. And in less than 50 days, […]
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San Francisco: Two days after reportedly emailing employees of a 10 per cent job cut at Tesla, CEO Elon Musk on Sunday retracted his statements saying total headcounts will increase.However, Musk also noted that the number of salaried people may not change. An unverified Twitter account by the name Whole Mars Catalog tweeted that headcount […]
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New Delhi: Elon Musk on Wednesday gave an ultimatum to Tesla employees to either return to office or get out, saying they “should pretend to work somewhere else” if they disagree with the company’s policy. He sent a series of emails that asked employees to come back to the office or be terminated. “Anyone who […]
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New Delhi: Breaking his silence on India plans, Elon Musk has said that Tesla will not manufacture cars in India unless it is allowed to sell and provide service to its electric vehicles. On Starlink, he said that SpaceX is still waiting for the Indian government’s approval. “Tesla will not put a manufacturing plant in […]
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San Francisco: A Twitter shareholder has sued Elon Musk, alleging that the Tesla CEO actively manipulated the company’s stock for personal gain. The lawsuit alleged that Musk proceeded to make statements, send tweets, and engage in conduct designed to create doubt about the deal and “drive Twitter’s stock down substantially in order to create leverage that […]
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San Francisco: Tesla CEO Elon Musk on Wednesday slammed billionaire philanthropist Bill Gates after a report claimed that the Microsoft co-founder poured millions into attacking Musk’s $44 billion acquisition of Twitter. Far-right publication Breitbart News claimed that hundreds of millions of dollars flew from Gates’ foundation to 11 of the 26 organisations that “signed an open […]
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Toronto: Elon Musk-owned Tesla’s Model Y car allegedly caught fire after powering down while driving, and the driver claimed getting stuck inside the car and breaking the window to get out. The incident happened last week in North Vancouver, British Columbia. According to the auto-tech website Electrek, Jamil Jutha was driving in his 2021 Tesla […]
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San Francisco: Elon Musk on Saturday announced to open a litigation department at Tesla to initiate and execute lawsuits, as the electric car-maker is facing lawsuits over rampant sexually harassment at the workplace. In a tweet, Musk said: “Tesla is building a hardcore litigation department where we directly initiate & execute lawsuits. The team will […]
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San Francisco: Netflix has told its employees that if they do not agree with its content, they can leave the streaming giant — a move that received a thumbs up from Tesla CEO Elon Musk. Netflix has updated its culture guidelines and added a section called “artistic expression” which details how the platform offers programming […]
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New York: Elon Musk, still the world’s richest man, is poorer by nearly $39 billion since he spoke of buying out Twitter. Irony. At $231 billion of worth on the Forbes Real Time Billionaires Index at close of play on Friday, only part of Musk’s losses are because of his still single-digit ownership of Twitter. Most […]
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Detroit: Shares of Tesla and Twitter have tumbled this week as investors deal with the fallout and potential legal issues surrounding Tesla CEO Elon Musk and his $44 billion bid to buy the social media platform. Of the two, Musk’s electric vehicle company has fared worse, with its stock down almost 16% so far this […]
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San Francisco: Electric car-maker Tesla has recalled 130,000 cars to fix touchscreen issues caused by an overheating central processing unit (CPU). The Elon Musk-run company recently rolled out an over-the-air update (OTA) to fix the issue on affected vehicles, which include the 2022 Model 3 and Y, and 2021 and 2022 Model X and S, […]
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San Francisco: Elon Musk-run Tesla has sued a former engineer for allegedly stealing “confidential and tightly guarded” secrets related to supercomputer technology. The Verge reported, citing court documents, that the electric car-maker has sued Alexander Yatskov for downloading the confidential information to his personal devices which he declined to give back. Yatskov violated company’s policies […]
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New Delhi: Serum Institute of India (SII) CEO Adar Poonawalla on Sunday wooed Elon Musk to invest in India to manufacture Tesla electric cars, saying it will be the best investment he would have ever made. Musk, who has made a successful USD 44 billion acquisition bid for Twitter, had in the past asked India […]
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New Delhi: While Union Ministers keep on making a beeline to Tesla CEO Elon Musk to come and manufacture electric cars in India, he is more interested in his $44 billion Twitter acquisition rather than paying attention to what the Indian government has been reiterating now for months. His utter disinterest in responding to several […]
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Washington: American billionaire Elon Musk, the founder of electric car-making company Tesla and spacecraft manufacturing company SpaceX, intends to quintuple Twitter’s annual revenue to USD 26.4 billion by 2028, media reported on Saturday. The New York Times cited Musk’s pitch deck presented to investors as saying that he would quintuple Twitter’s revenue to USD 26.4 […]
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San Francisco: Billionaire Elon Musk has reached an agreement to acquire Twitter for approximately $44 billion, the company said. The outspoken Tesla CEO, the world’s wealthiest person, has said he wants to buy Twitter because he thinks it’s not living up to its potential as a platform for “free speech.” He says it needs to […]
