Tesla has been struggling with the low demand for its electric vehicles (EVs), as evidenced by its first quarter 2024 earnings report. During this period, the EV company produced 433,371 vehicles with a 1.69% YoY decline and delivered 386,810...
When layoffs in tech companies peaked in 2023, industry analysts attributed this surge to excessive hiring during the Covid-19 pandemic era of 2021 and 2022, and strategic business segment closures. As we move into 2024, the trend of workforce...
When the world's two most powerful and influential business tycoons join hands, something really enormous is supposed to happen. Isn't it? We are talking about Elon Musk and Mukesh Ambani. Their respective companies, Tesla and Reliance, are reportedly in...
Tesla has officially disclosed that a data breach uncovered in May had a more significant impact than initially reported, affecting over 75,700 individuals. The breach, caused by former employees who inappropriately shared confidential data with German media outlet Handelsblatt,...
Elon Musk-owned Tesla's long-awaited plan for India's debut appears to be gaining momentum after a considerable delay. The company is reportedly planning to establish a massive factory in India, capable of producing 500,000 electric vehicle (EV) units annually. According...
In the ever-evolving world of electric vehicles, Elon Musk-owned Tesla, Inc. (NASDAQ: TSLA) has established itself as a formidable force and continues to amaze both investors and industry analysts. The second quarter of 2023 proved to be no exception,...
The Tesla Cybertruck, that made Elon Musk embarrassed at the unveiling event, is back in the news again. And, it's highly disappointing.
Elon Musk, chief of Tesla Inc. (NASDAQ: TSLA), is famous for his unpredictive nature and style of...
In a surprising move, Elon Musk sold $6.9 billion of stock in Tesla Inc. citing the ongoing legal battle with Twitter as a reason. Musk wants to be prepared for all kinds of situations, be it favoring or otherwise....
Tesla and SpaceX CEO Elon Musk has purchased 73,486,938 shares of Twitter Inc. (NYSE: TWTR) for a 9.2% passive stake, making him the largest individual shareholder of the micro-blogging site.
This new development came out in the public domain after...
Do you remember the famous tweet from Elon Musk that cost him dearly, including his chair position at Tesla? Elon Musk is once again in the news, and this time again for one of his tweets.
According to WSJ, Security...
