Tesla CEO Elon Musk is courting trouble again with the US Securities and Exchange Commission (SEC) over his controversial Twitter activities, this time revealing Tesla’s solar production numbers on the micro-blogging platform. Replying to a follower, Musk tweeted he was hoping the company would manufacture about 1,000 solar roofs a week by the end of […]
While his electric vehicle (EV) company Tesla struggles to make profit, tech mogul Elon Musk denied reports that claimed he had earned $2.3 billion in stock options in 2018. Instead, Musk said he had pocketed nothing at all. A Tesla fanpage took to Twitter slamming a news report from last week that said Musk made […]
Tesla Inc has on an average produced 900 Model 3 cars per day this week, bringing the company closer to its target of making 7,000 cars per week, according to an email from Chief Executive Officer Elon Musk to employees that was widely posted on social media and authenticated by a source familiar with the […]
Tesla CEO Elon Musk who has been moving back and forth on his India dream for couple of years and unable to take the next big step now has an invitation from commercial vehicles major Ashok Leyland. Musk wants to make India his next big market but the question lingers: Will the electric car ever […]
Elon Musk CEO Tesla has once again vouched to make India his next big market. Hinting at the roll out of the much awaited electric cars in India, Musk tweeted late Friday that he would love to be in India in 2019 or next year. “Would love to be there this year. If not, definitely […]
The US electric car maker Tesla CEO Elon Musk on Monday laid the foundation of a $7 billion plant in Shanghai, becoming the first company to benefit from a new Chinese policy of allowing foreign vehicle manufacturers to set up wholly-owned subsidiaries in the Asian nation. Till now, foreign automakers in China were required to forge joint […]
Electric car maker Tesla CEO Elon Musk on Monday said he was set to lay the foundation of a Tesla Gigafactory in China that is expected to produce 500,000 electric vehicles per year — doubling the production capacity of Tesla. “Looking forward to breaking ground on the @Tesla Shanghai Gigafactory today!” tweeted Musk. “Aiming to […]
Mercedes-Benz is set to unveil its much-anticipated electric SUV on Tuesday, marking the start of a German onslaught against Tesla’s dominance of the fast-growing market for premium battery cars. Daimler-owned Mercedes, BMW and Volkswagen’s Audi and Porsche divisions are all gunning for the $52 billion Californian upstart, with early publicity efforts emulating its tech-industry halo. […]
Funds run by BlackRock voted in favour of a recent shareholder proposal that would have required Tesla to replace Elon Musk with an independent chairman. BlackRock-managed funds voted for a measure requiring the chairman be an independent director, according to BlackRock’s filing with the U.S. Securities and Exchange Commission on Thursday. The proposal, which was […]
While Tesla grapples with internal issues like production delays, a sometimes-erratic CEO and a recent about-face on whether to go private, its rivals are moving aggressively into the luxury electric vehicle space. In the next few days, German competitors Mercedes-Benz and Audi, the luxury arm of Volkswagen, are both showing off production-ready electric sport-utility vehicles […]
