tesla
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Tesla sales outlook darkens despite Musk’s self-driving euphoria
While Tesla’s robotaxi prospects have captivated investors, car buyers have been relatively circumspect TESLA ended last year on a roll, with investors increasingly buying into Elon Musk’s ebullience about autonomous…
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General Motors Outperforms Rivals in 2025 Amid Strong Earnings and Market Gains
General Motors (GM) is ending 2025 as the top-performing US-traded automaker stock, far outpacing rivals like Ford, Tesla, and Stellantis. The Detroit-based automaker’s shares closed above $80 per share on…
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China’s BYD poised to overtake Tesla in 2025 EV sales
[NEW YORK] Growing Chinese auto giant BYD stands poised to officially surpass Tesla as the world’s biggest electric vehicle (EV) company in annual sales. The two groups are expected soon…
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Tesla CEO Elon Musk Claims AI and Robotics Are ‘Only Way’ To Make Everyone Wealthy
Elon Musk doesn’t make small promises. On December 23, the Tesla and SpaceX CEO retweeted a clip of himself declaring that ‘There is only basically one way to make everyone…
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Tesla having a very bad year in the EU
SALES of cars made by Tesla, the company run by Elon Musk, have slumped nearly 40 per cent in the European Union this year, data from the European Automobile Manufacturers’…
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Musk wins US court appeal of US$56 billion Tesla pay package
A DELEWARE appeals court cleared the way Friday for tech CEO Elon Musk to receive a long-contested US$56 billion Tesla pay package, reversing an earlier judgment in the long-running case.…
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Tesla eyes battery-cell production in Germany from 2027: report
Europe continues to trail China in the development of large-scale cell-production capacity [BERLIN] Tesla plans to launch battery-cell production at its plant outside Berlin as soon as 2027, German press…
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Elon Musk’s Net Worth Surges $167B Overnight to an Unbelievable $638B on SpaceX’s $800B Valuation
Elon Musk has become the first person to reach a net worth of $500 billion (£372.9 billion), and he is now the first to surpass $600 billion. According to the…
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When Roombas Go Bankrupt And Robotaxis Turn Wild: The Market’s Modern ‘Ting Hai’ Moment
Markets like to present themselves as temples of logic, places where capital flows in response to earnings, interest rates and carefully discounted futures. Yet every so often, the illusion slips…
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Elon Musk’s Net Worth Surges $3B in a Day to $491B After SpaceX Eyes $30B IPO
Elon Musk’s net worth could soar to $1 trillion (£750.6 billion) by 2033, according to reports, as the first of two vesting dates for his $1 trillion pay package approaches.…
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BMW names veteran Nedeljkovic as CEO to tackle China, Tesla
[BERLIN] BMW named 30-year company veteran Milan Nedeljkovic as its next CEO on Tuesday (Dec 9) to replace long-time chief Oliver Zipse, as the German automaker bets on a new…
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Elon Musk Says Charity Is ‘Very Hard’ After Securing Record $1 Trillion Tesla Pay Package
Elon Musk has admitted that giving away money is ‘very hard’, even as the world’s richest man stands to receive an executive payday of up to £790 billion ($1 trillion)…
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Outspoken short seller Michael Burry shorts Tesla over valuation and Musk pay plan, Fortune says
[NEW YORK] Michael Burry has bet against the shares of Tesla, saying they are “ridiculously overvalued” and warning that founder Elon Musk’s proposed US$1 trillion pay package would worsen shareholder…
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‘Never Happening’ Elon Musk Confirms No Tesla Motorcycle Ever
Elon Musk has definitively crushed hopes for a Tesla electric motorcycle, declaring the vehicle category too dangerous to align with the company’s safety ethos following a viral AI-generated hoax. The…