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Tesla Inc on Monday fought back against JPMorgan Chase & Co over a disputed bond contract, countersuing the bank for seeking a “windfall” following Elon Musk’s notorious 2018 tweet that he might take his electric car company private. In a filing in Manhattan…
Japan’s Panasonic will begin producing its new lithium-ion battery for Tesla from as early as 2023, with plans to invest about 80 billion yen ($705 million) in production facilities in Japan, the Nikkei reported on Monday. The powerpack could help make…
Moody’s upgraded Tesla Inc’s debt rating by two notches to “Ba1” from “Ba3” on Monday, reflecting the ratings agency’s expectations that the Elon Musk-led company will maintain its position as the leading battery electric vehicle manufacturer. Moody’s…
Tesla is about to share some more details around the launch of the Cybertruck with many expecting deliveries to start either at the end of the year or early next year. However, now it has been more than two years since Elon Musk showcased the car and after…
Tesla is not the only company that’s run by Elon Musk. In fact, Musk used some of the money he made with SpaceX to invest in Tesla to eventually gain control of the electric car maker. And SpaceX has also been categorized by Musk as some of the most important…
If 2021 was the year of Tesla scaling its product portfolio across the world, 2022, certainly is the year of the CyberTruck which the world’s most valuable automaker revealed just before the pandemic. During its Q4 2021, earnings call, Elon Musk, its techno…
Tesla Inc’s shares started the year with stellar gains after the electric carmaker reported record deliveries for the fourth quarter, allaying fears of supply chain woes that have hit automakers. Shares of the world’s most valuable carmaker ended up 13.5% at…
Tesla Inc is recalling over 475,000 Model 3 and Model S electric cars, the U.S. safety regulator said. For Model 3 sedans, rearview cameras mounted on these units might malfunction, increasing the risk of a crash, the U.S. National Highway Traffic Safety…
Tesla had launched the new Model S and Model X which were equipped with AMD RDNA 2 based GPUs that deliver performance that’s comparable to the PlayStation 5 (PS5). And now, as revealed by a leak from its test program in Europe, it has also launched new…
The U.S. National Highway Traffic Safety Administration (NHTSA) said Thursday it is discussing with Tesla its decision to replace cameras in some U.S. vehicles. CNBC reported on Monday Tesla was replacing front fender cameras in several hundred Model S, X,…
Elon Musk is at it again and this time around he has said something that will ruffle many feathers considering technologies like AI and automation are displacing many regular jobs. He has claimed that the Tesla Bot which was unveiled earlier this year can…
Tesla has come under fire for its FSD beta which hasn’t lived up to Elon Musk’s lofty claims of disrupting the self-driving space. In fact, it is fundamentally a level 2 ADAS system. Now it has released a new update that promises better object detection for…
Tesla CEO Elon Musk offloaded a combined $6.9 billion worth of shares in the electric car company this week, taking advantage of a meteoric rally that vaulted the firm’s value to over $1 trillion. The billionaire sold 1.2 million shares held by his trust for…
Tesla Chief Executive Elon Musk sold about $5 billion in shares, the billionaire reported in filings on Wednesday, just days after he polled Twitter users about selling 10% of his stake. In his first share sale since 2016, Musk’s trust sold nearly 3.6 million…
The Australian government on Tuesday pledged A$178 million ($132 million) to ramp up the rollout of hydrogen refuelling and charging stations for electric vehicles but did not offer EV rebates or set targets to phase out petrol cars. Prime Minister Scott…
Apple has hired CJ Moore who was Tesla’s head of software for its AutoPilot autonomous driving system. CJ Moore recently had disputed Elon Musk’s claims around AutoPilot and said that it was fundamentally a level 2 ADAS system while Musk has been pitching it…
