Tesla
Musk Continues Fight for $56 Billion Tesla Pay Package in Appeals Court
March 12, 2025 – According to Reuters, Elon Musk has officially filed an appeal on Tuesday local time, seeking to reinstate his $56 billion Tesla compensation package. In January 2024, Chancellor Kathaleen McCormick revoked the stock option compensation plan, citing its “unimaginable magnitude”. She deemed it unfair to Tesla shareholders, arguing that the board members…
Tesla to Halt New Model S and Model X Supplies in Japan from March 31
March 7, 2025 – Tesla Japan’s official account announced today that production of Model S and Model X vehicles for the Japanese market will cease from March 31st. From April 1st onward, only inventory and used cars will be available for sale locally, and new custom orders will no longer be accepted. Earlier this year,…
Elon Musk Predicts Tesla Could See 1000% Profit Surge in Five Years
March 3, 2025 – Over the past five years, Tesla, the electric car company owned by the world’s richest man Elon Musk, has witnessed phenomenal growth in its share price, with a cumulative increase of 558%. However, the journey has not been without challenges. In February 2025, Tesla’s stock price plummeted by nearly 30%, a…
Tesla’s FSD Feature Awaits European Regulatory Approval for Launch
March 1, 2025 – Tesla’s Full Self-Driving (FSD) Beta feature, already available in North America, has been quietly rolling out to HW 4.0 models in the Chinese market this week. However, the advanced driver assistance system has not yet made its way to Europe, despite industry speculation that it would arrive there before expanding to…
Tesla Eyes California Taxi Fleet, Setting Stage for Fully Autonomous Driving
February 28, 2025 – Tesla is seeking approval from the California authorities to offer ride-hailing services, marking a significant step towards Elon Musk’s ambition of ferrying paying customers, especially as its traditional car sales business faces challenges. The electric carmaker applied for a “transportation charter-party carrier permit” from the California Public Utilities Commission late last…
Tesla Market Cap Slides Below $1 Trillion, Marking a 38% Drop from Its Peak
February 26, 2025 – Tesla shares tumbled 8.39% by the close of the US stock market, erasing over 280billionfromitsmarketcapitalizationandpushingitbelowthe1 trillion mark. The electric vehicle giant’s latest stock price settled at 302.8,markingasignificant38488. This decline has resulted in Tesla being ousted from the exclusive club of seven US tech companies, including NVIDIA, Apple, Microsoft, Alphabet, Amazon, Meta,…
Tesla Cybercab Test Vehicles with Steering Wheels Make Frequent Appearances at Giga Texas
February 25, 2025 – The presence of Tesla’s Cybercab test vehicles has significantly increased at the company’s Giga Texas superfactory. This week, drone footage captured a growing number of these vehicles undergoing tests within the factory premises. Images shared by Joe Tegtmeyer on the X platform revealed Cybercabs being tested, notably featuring steering wheels. This…
Tesla Lights Up the Night: 1150 Cars Create History with Massive Light Display
February 25, 2025 – Last weekend, the city of Saint-Truiden, Belgium, witnessed a remarkable Tesla light show at the DronePort, featuring a record-breaking 1,150 Tesla vehicles. This spectacular event surpassed the previous world record set in Suwon, South Korea, where over 1,000 Tesla cars participated in a similar show. The highlight of this light show…
Elon Musk-Backed Flying Car Demonstrates Vertical Takeoff and Landing Capabilities
February 23, 2025 – Alef Aeronautics, an American electric flying car company, has recently accomplished flight tests of its Model A prototype in a city setting. According to the company’s official website, the Model A, priced at $300,000, has already garnered 3,300 orders, with the first batch set for delivery by the end of the…
Tesla CEO Elon Musk Responds to Rumors: Our Factories Are Products in Themselves
February 23, 2025 – Recent rumors have indicated a possibility of Tesla investing in Nissan. According to a report by Fortune magazine, some influential figures in Japan have prepared a proposal for Tesla, suggesting an investment in Nissan, specifically focusing on acquiring Nissan’s plant in the United States. Responding to these rumors, Elon Musk, the…