China’s dominance in EV and battery production is a pivotal factor in Tesla’s ascent as the world’s premier electric vehicle manufacturer. This is underscored by Tesla CEO Elon Musk, who recently emphasized the Super Power’s increasing importance for his company. Despite this, India’s potential for EV development remains a compelling prospect. Just a week after … Read more
Facebook co-founder Dustin Moskovitz has escalated his attacks on Tesla, calling it “the next Enron” as the Elon Musk-led automobile company faces a turbulent month. Moskovitz, who previously accused Musk of delaying development of EVs by “overpromising,” took to Meta’s Thread on Wednesday with fresh criticism. Moskovitz’s post alleges Tesla has misled consumers “on a … Read more
In a surprise move, Tesla CEO Elon Musk made a weekend trip to China to push for approval of driver-assistance software, seen as a potential remedy for the carmaker’s declining revenue. The 52-year-old tech mogul met with Premier Li Qiang, the Chinese Communist Party secretary for Shanghai. Qiang had helped Tesla set up what is … Read more
Elon Musk implemented an intelligent method to identify a Tesla employee who was sharing confidential information with the press. Tesla addressed the employee’s actions to ensure confidentiality. It is no secret that disclosing confidential company information can have serious consequences. Musk-led automobile company Tesla takes such matters seriously. In one instance, Musk implemented a method … Read more
A former NASA physicist warned that prominent constellations of low-cost satellites, like Elon Musk’s Starlink, could disrupt Earth’s magnetosphere, exposing all life on the planet to harmful cosmic radiation. A new study by Dr. Sierra Solter-Hunt uses new estimates suggesting that SpaceX, Elon Musk’s company, burns over 2,755 pounds (1.3 tons) of debris from its … Read more
Tesla is pushing hard to get shareholder approval for Elon Musk’s compensation plan, even though a judge recently ruled against it. The company argues that the package is essential for Tesla’s future achievements. The critical question remains: why does Tesla’s board believe a $55 billion compensation package is justified for Elon Musk? The company frames … Read more
Tesla CEO Elon Musk acknowledged in an email to recently laid-off staff that some employees may have received incorrectly low severance offers. This comes after the company began notifying staff about their severance packages. “As we reorganise Tesla, it has come to my attention that some severance packages are incorrectly low,” Musk wrote in the … Read more
SpaceX CEO Elon Musk has set an ambitious goal for his astronautics company, aiming for a crewed landing on Mars within the next 7-9 months. He emphasises the critical need to accelerate the Mars mission timeline once the initial landing capability is established. “The first Starship that will land on Mars, which obviously would not … Read more
Faced with the need for downsizing, Tesla CEO Elon Musk informed his employees of a 10 percent workforce reduction. This axing process would impact nearly 14,000 positions globally. However, according to five current or former workers who spoke to Business Insider, some individuals arrived at company facilities on Monday unaware they had been laid off. … Read more
To strengthen his artificial intelligence (AI) company, Elon Musk urged ambitious individuals to join his groundbreaking initiative, xAI. This wide-ranging project seeks engineers, designers, and staff for product development, data analysis, and infrastructure management. “Join xAI,” the tech tycoon wrote in a cross-post. Musk shared a link to his AI company’s Careers page in the … Read more
