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
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
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
Taking to his social media platform, X, Elon Musk voiced strong opposition to the legal fee request filed by the attorneys representing Tesla shareholders in the recent pay package case, calling the sum “criminal”. “The lawyers who did nothing but damage Tesla want $6 billion. Criminal.” the Tesla boss wrote. Musk was responding to a … Read more
Campaigners have slammed Elon Musk’s X for granting subscriptions to terrorist groups and other organisations that have been banned from operating in the US. According to a Tech Transparency Project report, the terror group affiliates were given blue check marks – a symbol that makes for longer posts, better promotion and account verification. The subscription … Read more
A chicken shop owner in Manchester, who locked horns with Elon Musk’s Tesla, has lost. The trademark dispute left him £12,000 poorer. Amanj Ali, a small business owner in Bury, Greater Manchester, challenged Tesla by naming his chicken shop “Tesla Chicken & Pizza’ and ended up sparking a trademark showdown. In November of last year, … Read more
Tesla CEO Elon Musk warned engineers they’ll face “production hell” to launch the company’s revolutionary new EV, likely requiring them to live and work at the Texas Gigafactory. During the company’s earnings call, the Tesla chief noted that building the company’s next-generation EV will require workers to live and sleep on the manufacturing line at … Read more
Short-seller Jim Chanos challenged Tesla CEO Elon Musk’s proposal for a carbon tax, raising questions about his motivations and political leanings. Musk, however, argues that such a tax is essential to combat climate change. As expected, Musk’s proposal for a carbon tax has sparked debate among his supporters, with some expressing support and others raising … Read more
