Tesla Axes More Jobs, Including Senior Execs and EV Charging Team
Tesla has reportedly laid off hundreds of employees, including senior executives and most of the Supercharger team. The desperate move comes on the heels of recent mass layoffs of 14,000 employees, part of what Musk claims is aimed at cutting costs for the struggling EV company. It is an “absolutely powerful” plan. The Verge report […]
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 […]
Musk’s ‘Twitter sitter’ saga drags on with Supreme Court rejecting his plea to ditch Tesla lawyer
Elon Musk’s agreement with the Securities and Exchange Commission to have a lawyer screen and approve Musk’s social media posts about Tesla will remain after the Supreme Court rejected Musk’s appeal. The justices refused to hear contentions from Tesla’s CEO that the 2018 accord he signed violated his constitutional rights. The accord was prompted after […]
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 […]
Supreme Court declines to hear Musk challenge to SEC order over Tesla posts
The Supreme Court on Monday declined to hear Elon Musk’s challenge to a 2018 settlement agreement with the Securities and Exchange Commission that required lawyers to approve some of the billionaire’s public posts about Tesla. . Tesla’s CEO appealed to the Supreme Court in December, arguing that the agreement is unconstitutional because it is a […]
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 […]
Stocks making the biggest moves premarket: Tesla, Paramount, Domino's, Southwest and more – CNBC
Check out the companies that are trending in pre-market trading. TESLA — Tesla’s “Full Self-Driving” driver-assistance software may soon be available in the country after the electric car company announced Sunday that local Chinese authorities have lifted restrictions on its cars. Shares soared more than 10% premarket after expectations rose. Paramount — The company’s stock […]
Tesla Semi’s impressive performance on ice marks another major triumph
“Cyber Guy”: Tesla’s Traveling Warrior The video shows that Tesla semi-trucks can operate on icy roads, potentially providing a sustainable all-weather heavy-lift solution as emissions become a concern. Kurt Knutson takes a closer look. For those skeptical of Tesla semi-trucks, performance in less-than-perfect conditions is near the top of the question list. Sure, this all-electric […]
California doctor was suffering delusions when he drove Tesla off cliff with family inside: psychologist
A California doctor accused of trying to kill his family by driving his Tesla off a cliff suffered from major depressive disorder and psychotic features on the day of the accident in 2023, according to a psychologist who testified at a hearing Wednesday. was suffering from illness. Pasadena radiologist Dharmesh Patel, 43, was driving along […]
California doctor Dharmesh Patel who drove Tesla with family inside off cliff experienced ‘psychotic’ break during
A “suicidal” California doctor accused of driving a Tesla off a cliff with his family says he suffered from “major depressive disorder” and experienced a “psychotic episode” during the 2023 crash. be done. Dharmesh Patel, 43, had been experiencing hallucinations, hearing footsteps and believed his children were being sex trafficked, he told a hearing Wednesday […]