Tesla has dropped the prices of its electric vehicles (EVs) and its Full Self-Driving (FSD) software over the past few weeks, reigniting larger discussions about the automaker’s overall pricing strategy. In response to one person criticizing the frequency of Tesla’s price changes, Elon Musk has pointed to the dealership model, noting that most automakers change […]
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Tesla CEO Elon Musk has confirmed that his planned visit to India, which was reportedly scheduled for April 21-22, 2024, has been canceled. The CEO cited his current workload at Tesla as a reason for the postponement of his India trip, though he also noted that he is still looking forward to visiting the country later this year. Reports […]
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Tesla shareholders might be asked to vote on Elon Musk’s nearly $56 billion pay package again. On Monday, Tesla filed paperwork so shareholders could vote to approve Elon Musk’s 2018 pay package again. The filing came with a letter written by Chairperson Robyn Denholm, who wrote that the Tesla Board disagreed with the Delaware Court’s […]
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Tesla’s job cuts have hit workers in China. Recently, Tesla emailed workers to inform them that they were being laid off. According to Reuters, a few employees on Tesla’s sales team in China were also notified that they were being made redundant. One source speculated that more than 10% of Tesla workers in China were losing their jobs. […]
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Tesla CEO Elon Musk said the company has to “reorganize and streamline the company for the next phase of growth” every five years after at least 10 percent of its global workforce was trimmed, and two key executives left the automaker on Monday. Tesla has been preparing to enter a new phase of growth within […]
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Elon Musk appeared at last night’s Breakthrough Prize ceremony, held in Los Angeles, briefly discussing artificial intelligence (AI) during his red carpet walk. The 10th annual Breakthrough Prize Ceremony, often called the “Oscars of Science,” was held Academy Museum of Motion Pictures in Los Angeles on Saturday night, including Musk and a number of other […]
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A filing with the Federal Communications Commission (FCC) has revealed that Elon Musk’s SpaceX is seeking regulatory approval to expand trials of its cellular Starlink system to other countries. The filing proposes a 180-day testing period for the technology starting May 1, and it would cover countries such as Canada, Australia, New Zealand, and Japan. […]
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Recent reports have suggested that Tesla CEO Elon Musk’s upcoming visit to India would last two days. During his visit, Musk would reportedly meet with several officials and industry representatives. An announcement outlining Tesla’s plans in India is also expected. Elon Musk’s visit to India was recently confirmed by the CEO through his personal account […]
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Elon Musk’s X platform received an inquiry from the United States House of Representatives regarding its actions in Brazil. “X just received an inquiry from the US House of Representatives regarding actions taken in Brazil that were in violation of Brazilian law. There were hundreds if not thousands. This is getting spicy,” Elon Musk said […]
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Recent reports have emerged stating that Tesla CEO Elon Musk will be meeting Indian Prime Minister Narenda Modi later this month. Musk and Modi’s meeting will reportedly take place during the week of April 22, which also happens to be the same week as Tesla’s first quarter earnings call, which is scheduled on April 23, […]
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