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Elon Musk’s Tesla yanks summer internship offers, students say

Baron’s senior writer Al Root discusses Tesla’s market performance and the automaker’s strategy for electric vehicles. Tesla has reportedly rejected summer internship offers for college students. Multiple students described their situations in posts LinkedIn profile this week. Bloomberg first reported the news. Bloomberg reported on Wednesday. One of the students identified by the report said […]

Elon Musk May Have Just Dealt A Blow To Biden’s EV Agenda

Tesla laid off most of its key team at its electric vehicle (EV) charger division on Monday, a move that could pose a problem for President Joe Biden’s broader EV policies. The company reportedly has employees working on “superchargers,” which charge EVs faster than other Tesla products and are expected to play a key role […]

Elon Musk’s move to disband Tesla EV charging team blindsides car industry

Elon Musk’s sudden decision to lay off employees in charge of Tesla’s electric vehicle charging business comes as the company prepares to outfit new EVs so customers can take advantage of the Tesla Supercharger network. It blindsided automakers, industry officials and analysts said Tuesday. General Motors, Ford and other automakers that signed deals last year […]

Elon Musk Meets with Chinese Premier in Beijing, Bolstering Tesla Stock

Billionaire Elon Musk made a surprise visit to China to seek approval from the Chinese government for self-driving features for Tesla electric vehicles (EVs). On Sunday, Musk posted a photo on his social media platform X of himself meeting Chinese Premier Li Qiang, whom he described as an old friend. It is an honor to […]

Elon Musk’s full self-driving ‘really big deal’

Christopher Tsai, CIO and President of Tsai Capital, discusses Tesla’s rapid growth in the market and plans for robotaxi. Musk appeared to promote Tesla’s Fully Self-Driving (FSD) software on Monday, as the company reportedly took a big step toward bringing it to China and attracted a lot of attention. wall street journal Media reported on […]

Elon Musk teases X TV in latest move towards ‘the everything app’

Elon Musk teased the launch of X TV on Monday as the billionaire looks to further transform what was once Twitter into an “everything app.” In a 12-second clip that Musk shared with No other details about the new venture were disclosed, and Musk did not provide a caption for the video, which racked up […]

Tesla’s Elon Musk goes to China in surprise visit

Baron’s senior writer Al Root discusses Tesla’s market performance and the automaker’s strategy for electric vehicles. Tesla CEO Elon Musk visited China over the weekend and met with Chinese Premier Li Qiang. Musk said on Sunday’s X show that he was “honored” to meet Li, adding: “We’ve known each other for many years, since the […]

Supreme Court won’t hear Elon Musk’s Tesla tweets SEC settlement appeal

The U.S. Supreme Court on Monday ruled on Elon Musk’s lawsuit seeking to throw out part of a securities fraud settlement with the Securities and Exchange Commission that would limit the billionaire businessman’s public comments about electric car company Tesla. He refused a hearing. The justices rejected an appeal of a lower court’s decision to […]

Tesla spikes 12% as Elon Musk wins OK for self-driving rollout in China

Tesla shares rose in early trading on Monday after CEO Elon Musk won approval to roll out “fully self-driving” technology in China after a whirlwind weekend trip to the country. It rose more than 12%. Top Chinese officials have tentatively given Tesla permission to launch the software after meeting with Musk during a surprise visit […]