Business
Tesla disbands Dojo supercomputer team in blow to AI effort
Tesla is disbanding its Dojo supercomputer team and its leader will depart the company, according to sources familiar with the matter,…
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Tesla
Business
Elon Musk’s politics hit Tesla sales in Europe’s biggest car markets
Tesla’s new car registrations in Britain and Germany, Europe’s biggest auto markets, more than halved in July from a year earlier, as CEO…
Business
Tesla approves 96 million share award to CEO Elon Musk
Tesla disclosed in a filing on Monday (Aug 4) it has awarded CEO Elon Musk 96 million shares of the company, worth about US$29 billion.…
Business
Tesla approves share award worth US$29 billion to CEO Elon Musk
Tesla has granted CEO Elon Musk shares worth about US$29 billion, in a new pay deal aimed at keeping the billionaire entrepreneur at the…
News
Tesla Ordered to Pay $200 Million Over Fatal Florida Crash Linked to Autopilot
Tesla has been ordered by a Miami federal jury to pay over $200 million in damages for a 2019 crash that killed 22-year-old Naibel…
Business
Tesla ordered by Florida jury to pay US$243 million in fatal Autopilot crash
A Florida jury on Friday (Aug 1) found Tesla liable to pay US$243 million to victims of a 2019 fatal crash of an Autopilot-equipped Model…
Business
Tesla signs US$4.3 billion LGES battery deal, source says, reducing China reliance
South Korea’s LG Energy Solution (LGES) has signed a US$4.3 billion deal to supply Tesla with energy storage system batteries, said a…
Business
Samsung’s big Tesla order fuels recovery bets despite chip woes
Samsung Electronics’ surprise US$16.5 billion chipmaking deal with Tesla has breathed new life into a foundry business all but written off…
Business
Tesla Signs $16.5 Billion Chip Deal with Samsung to Power Next-Gen AI Plans
Tesla has signed a $16.5 billion deal with Samsung Electronics for the production of next-generation AI6 chips, CEO Elon Musk confirmed on…
Business
Musk says Tesla, Samsung Electronics sign US$16.5 billion chip supply deal
Tesla CEO Elon Musk said the US automaker had signed a US$16.5 billion deal to source chips from Samsung Electronics, a move expected to…
Business
Tesla gets multiple shareholder proposals related to investment in xAI
Tesla said on Friday (Jul 25) it had received a number of shareholder proposals regarding the company’s plan to invest in CEO Elon Musk’s…
Business
US: S&P 500, Nasdaq hit new records despite big Tesla drop
The S&P 500 and Nasdaq edged up to fresh records on Thursday while the Dow retreated following a mixed round of corporate earnings that…
Business
Tesla braces for rough quarters ahead as US ends EV incentives
Elon Musk warned of difficult times ahead for Tesla after one of the automaker’s worst quarters in over a decade. Tesla will be a…
Culture
Tesla Launches Hi- Tech Diner in Hollywood with EV 'Drive-in-Theater,' Popcorn Serving Robot and More
Tesla has debuted its first-ever diner in Hollywood, California. It's a place where all things edible, tech, and entertainment are…
Business
Tesla’s New EVs Face China’s Budget-Friendly Rivals
Model 3 Plus Image by MIIT Tesla is rolling out two electric cars in China, the Model 3 Plus and the Model YL, in an effort to regain some…
Business
Tesla’s Model 3+ Is the Range King We Didn’t Expect
Tesla’s Model 3+ Is the Range King We Didn’t Expect originally appeared on Autoblog. Tesla Has Improved the Model 3, But There's Room for…
Business
Tesla readies a six-seat version of the Model Y for China
Tesla is preparing to launch a longer, six-seat version of its Model Y sport utility vehicle in China, where the carmaker has been losing…
Business
Musk says he does not support merger between Tesla and xAI
Elon Musk said on Monday (Jul 14) he does not support a merger between his electric vehicle maker Tesla and his artificial intelligence…
Business
BYD aims to triple Saudi footprint after Tesla enters market
Chinese automaker BYD plans to ramp up its expansion efforts in Saudi Arabia, building on momentum from Tesla’s launch in the country and…
Business
Tesla reportedly close to starting sales in India
Tesla's redesigned Model Y | Image Credits:Tesla Tesla is nearly ready to start selling its electric vehicles in India, according to…
Business
Musk's Tesla marks formal India entry with Mumbai launch event
Tesla will open its first India showroom in Mumbai next week, having imported US$1 million worth of cars and merchandise, marking its…
Business
Tesla plans robotaxi expansion to California and Arizona
Tesla is aiming to bring its driverless taxis to California and Arizona as the carmaker plots an expansion on the heels of last month’s…
Business
What Is OpenAI's Scaling Team? Tesla, xAI, Meta Engineers Join Their Ranks as AI Hiring Competition Heats Up
After Meta made headlines for poaching top AI talent from rival companies to build its superintelligence team, another tech…
Business
Tesla shares slip after Musk says he will create a new political party
Tesla shares fell close to 7% Monday after Elon Musk announced plans to form his own political party, sparking concerns he will become…