China's Secret Role in Tesla's Robotaxi Revolution RevealedThe success of Tesla's autonomous vehicle ride-hailing service, robotaxi, is considered a crucial driver for the company's next growth phase.
Tesla Loses Home Advantage: U.S. Market Share Drops Below 50%According to Cox Automotive, Tesla's share of the U.S. EV market for the second quarter (April-June) was preliminarily estimated at 49.7%.
Elon Musk's South Korean Shout-Out: Tesla Stock Soars in SeoulTesla CEO Elon Musk posted a picture on social media combining the South Korean flag and the Tesla logo.
Tesla vs. Nvidia: ETFs Show Winners and Losers in Latest Stock BattleNvidia and Tesla have shown divergent stock price trends, leading to mixed results for ETFs holding these stocks.
Tesla Stock Surges 81%: What's Next for Elon Musk's Empire?Tesla had a successful rebound in a short period. Tesla's Q2 results will dictate the company's future direction later this month.
Trudeau Takes Stand: Blocking Chinese EV Factories in CanadaCanada appears set to block the establishment of Chinese EV factories within its borders, presumably a regulatory move against China.
Tesla Surprises with Stronger-than-Expected Q2 Deliveries, Stocks Soar 10%Tesla's shares soared nearly 10% after the company reported better-than-expected second-quarter vehicle production and delivery numbers.
Tesla's Cybertruck Recall Hits 11,383 Units: What You Need to KnowTesla is recalling its Cybertruck electric pickup truck due to issues with both interior and exterior trims. Back in April, nearly 4,000 Cybertrucks were recalled to address an issue where the acceleration pedal pad could become loose and potentially get caught in the interior trim. According to the U.S. National Highway Traffic Safety Administration (NHTSA), […]
Tesla's Future Brightens in China with New FSD Testing ApprovalTesla’s stocks saw a rise of over 5% following news that the company received approval to test its Full Self-Driving (FSD) system in Shanghai, China. Tesla’s shares closed at $187.44, a 5.3% increase from the previous trading day on the 17th (local time) at the New York Stock Exchange. The surge is attributed to the […]
China Opens Doors to Tesla's Full Self-Driving SystemTesla received approval to test its self-driving assistance system, Full Self-Driving Capability (FSD), in Shanghai, China.
Tesla Shifts Gears: Major Expansion in Robotics Set to Skyrocket ValuationElon Musk made several significant announcements at the recent Tesla shareholders’ meeting. Musk shared that his stock option compensation package was reapproved, amounting to approximately $5.6 billion. Additionally, the proposal to relocate the headquarters to Texas was accepted, which is expected to strengthen Musk’s control over Tesla. The proposal received over 80% of the total […]
Tesla Stock Falls After Autopilot Causes Another High-Profile CrashAccording to the Fullerton Police Department in California and the Los Angeles Times on the 14th, an accident involving a police cruiser and a Tesla on autopilot occurred at the intersection of Orangethorpe and Courtney avenues while a police officer was conducting a traffic stop. At the time, the police car had its emergency lights […]
Tesla Renews Elon Musk's CEO Compensation PackageAt the Tesla shareholder meeting, a proposal to reward Tesla CEO Elon Musk with tens of billions of dollars was passed. Another proposal to move Tesla’s corporate headquarters from Delaware to Texas also passed. On June 13, Tesla announced at the annual shareholders meeting held at its headquarters in Austin, Texas, that a proposal to […]
Elon Musk's Vision Comes Alive: Optimus Robots to Hit the Market Next YearTesla has announced through their X account that two Optimus humanoid robots operating autonomously in one of its factories.
Tesla Teams Up with China's Baidu for Full Self-Driving UpgradeTesla has taken one step closer to launching its FSD service in China by agreeing to receive upgraded map software from Baidu.
Elon Musk Backtracks, Requests Court to Dismiss OpenAI LawsuitElon Musk, the CEO of Tesla, has made a surprising move by requesting to dismiss his impending lawsuit against OpenAI.
Apple vs. Tesla: Musk Outraged Over ChatGPT in iOS SystemsElon Musk, CEO of Tesla, has criticized Apple for its plans to integrate ChatGPT into its products. On June 10, Elon Musk made a post on X, saying, “If Apple integrates OpenAI at the OS level, Apple products will be banned in my companies,” adding, “This is an unacceptable security breach.” He also noted, “Visitors […]
Elon Musk: No New Tesla Model Y Release in 2024Elon Musk announced through his social media on the 8th that Tesla will not be releasing a new Model Y this year. Musk stated, “There will be no Model Y refresh this year,” and added, “Tesla is continuously improving its cars, so even a car that’s six months older will be a bit better.” While […]
Tesla's Musk Faces Showdown Over $46.9 Billion Stock Option: Shareholders Sound OffA shareholders' meeting is set for the 13th to decide on Elon Musk's stock option payment. While Musk is seeking support via his X...
Elon Musk's Starship Successfully Returns After Orbiting EarthStarship, the large spacecraft from SpaceX led by Tesla CEO Elon Musk successfully returned on the 6th after orbiting the Earth on its fourth test flight. The spacecraft did not explode while entering the atmosphere, which was the top priority in the development of Starship. This feat was also the core of Musk’s dream of […]
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