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Hey Tesla fans, ever worry Musk’s side hustles are derailing EVs? The company’s $29B “good faith” grant aims to fix that, per fresh board docs. Tesla awarded CEO Elon Musk 96 million shares valued at approximately $29 billion on Monday, positioning the move as a “good faith” effort to retain him while his 2018 compensation…
Tesla registrations tumbled in several European countries in July, even after the company introduced a refreshed Model Y, as CEO Elon Musk’s political stance, stricter regulations, and intensifying competition weigh on demand. This downturn highlights broader challenges for the electric vehicle giant in a market shifting toward affordable rivals, reports Reuters. Sharp Declines in Major…
Picture this, EV fans: Your next ride could be a driverless Tesla zipping through Brooklyn – and it’s happening faster than you think, with Tesla’s explosive expansion to nine cities! Tesla has expanded its Robotaxi testing to nine cities nationwide, posting jobs for Vehicle Operators to support Autopilot data collection with safety drivers behind the…
Elon Musk just promised robotaxis for half the US by year’s end, but California’s regulators aren’t buying it—here’s what EV owners need to know. Tesla CEO Elon Musk outlined ambitious plans for robotaxi deployment during the company’s recent earnings call, but significant regulatory obstacles and falling electric vehicle sales cast doubt on the timeline. This…
Tesla released its Q2 2025 earnings on July 23, reporting adjusted earnings of 40 cents per share, just below the average analyst estimate, alongside revenue of $22.5 billion that fell 12% year-over-year, marking the sharpest decline in at least a decade. Gross margin came in higher than anticipated. Updated as of 16:56 EST The company…
JPMorgan’s global automotive research chief, Jose Asumendi, took a ride in Tesla’s freshly deployed Robotaxi in Austin and reported the trip was “certainly solid and felt like a safe ride at all times.” The comment, posted by Sawyer Merritt on X, gives the autonomous Cybercab its first big bank-grade thumbs-up. While the vehicle still operates…
A whistleblower’s release of over 23,000 internal Tesla documents has exposed significant lapses in data security, workplace safety, and autopilot performance, raising questions about the electric vehicle pioneer’s operations under Elon Musk’s leadership. This revelation stems from an investigation by German journalists Sönke Iwersen and Michael Verfürden, detailed in their book The Tesla Files, a
Tesla announced its annual shareholder meeting for November 6, responding to mounting investor concerns over governance and strategic shifts, including the integration of xAI’s Grok chatbot into its vehicles. This development comes as the electric vehicle maker navigates sales challenges and pivots toward advanced technologies, Reuters. Investor Push Prompts Meeting Date A group of 27…
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