Tesla
- Business
Elon Musk cleared of fraud charges in ‘Tesla funding secured’ case
San Francisco: A court in the US has cleared Elon Musk in a class-action securities fraud over his tweets about taking Tesla private. The jurors deliberated for about two hours before reaching…
- Business
Tesla reveals loss of $204 mn from Bitcoin investments in 2022
San Francisco: Elon Musk-owned Tesla has revealed that the company recorded a $204 million impairment loss in 2022 on its Bitcoin investments. In a filing with the US Securities and Exchange Commission…
- Business
Tesla sales up 51% in 2022, net income doubles amid Musk’s Twitter saga
San Francisco: Despite a rocky takeover of Twitter which saw Tesla stock tumbling by over 60 per cent, Elon Musk-in Tesla made more money than ever in 2022, as total revenue grew…
- Technology
$420 price for a Tesla share not a weed joke to please girlfriend: Musk
San Francisco: Elon Musk has told a US court that his taking Tesla private at $420 a share was not a weed joke but only a coincidence. In the ongoing securities fraud…
- Technology
Musk admits he ignored investors while tweeting on Tesla ‘going private’
San Francisco: Elon Musk has admitted in a US court that he ignored his advisors and investors while tweeting about Tesla securing funding in 2018. Musk, who briefly took the stand on…
- Business
Elon Musk stands to lose billions over 2018 Tesla tweets in US trial
San Francisco: The controversial 2018 tweets by Elon Musk on taking Tesla private have come back to haunt him and he stands to lose billions in a class-action lawsuit by Tesla investors…
- Business
Tesla cuts EV prices in US, Europe amid poor sales, stalled growth
San Francisco: Elon Musk-owned Tesla has drastically lowered prices of EVs across its lineup in the US and Europe, in an effort to boost sales as its stock plummeted more than 60…
- Technology
US government questions Tesla over Musk’s full self-driving tweet
San Francisco: The US National Highway Traffic Safety Administration (NHTSA) has asked Tesla about a tweet by its CEO Elon Musk that the electric car-maker will remove the driver monitoring warning from…
- World
Neighbours call Indian-American who drove Tesla off cliff ‘great guy’
New York: Neighbours of the Indian-American, who ‘intentionally’ drove a sedan off a California cliff with his wife and children inside, have expressed their shock at the unfortunate incident, calling it a…
- Business
Tesla fined $2.2 mn for false advertising on EV range in cold weather
Seoul: South Korean market regulator has fined Elon Musk-run Tesla $2.2 million for misleading consumers about the range of its electric vehicles via advertisements. The Korea Fair Trade Commission (KFTC) had an…
- Technology
Tesla falls short of 50% growth goal in 2022 amid Musk’s growth goaldistraction
San Francisco: Elon Musk-run Tesla has missed its target of 50 per cent growth in production and deliveries for 2022, as its stock plummeted around 65 per cent amid Musk’s $44 billion…
- Business
Elon Musk 1st person in world to lose $200 bn in net worth: Report
San Francisco: If you have lost money in shares recently, read this. Tesla and Twitter CEO Elon Musk has become the first person ever to lose $200 billion from his net worth,…
- Business
Tesla may unveil $25K Model 2 car in 2024
San Francisco: Elon Musk-owned electric vehicle company Tesla is expected to unveil its $25,000 Model 2 car in 2024, the media reported. TSLA analysts at Loup Ventures predict that the Model 2…
- World
Tesla told workers not to discuss pay, working conditions: US labour board
San Francisco: Elon Musk-run Tesla has been accused of violating labour laws in the US, allegedly directing employees not to talk about pay and working conditions. In a complaint, the National Labor…
- Business
Tesla launches its own AirPower-like wireless charger
San Francisco: Elon Musk-owned electric vehicle company Tesla has launched its own Wireless Charging Platform, a wireless charger that can charge up to three Qi devices at one time. The concept of…
