Amidst a chaotic month for Tesla — even by its continuously plunging standards — Facebook cofounder and multi-billionaire Dustin Moskovitz has made some pretty dire predictions for the automaker, accusing it of committing “consumer fraud on a massive scale.”
“This is Enron now, folks,” Moskovitz wrote on Threads, referring to the corporation that went bankrupt in 2001 after it was exposed for one of the biggest accounting frauds in history. “It may keep going, but people are going to jail […]
Facebook Cofounder Says Tesla Has Committed "Consumer Fraud on a Massive Scale …
Tesla's Elon Musk speeds past Mark Zuckerberg on the billionaires list after Meta stock …
Tesla’s stock rebound has helped Elon Musk get an edge over megabillionaire rival Mark Zuckerberg to secure his place as the world’s third-richest billionaire.
Thanks to on-paper gains from his EV maker, Musk's net worth rose to $185 billion, a nearly 9% jump from earlier this week that put him ahead of Zuckerberg’s $157 billion, according to the Bloomberg Billionaires Index. At the same time, disappointing Meta earnings took a $14 billion toll on CEO Zuckerberg’s net […]
Tesla's Elon Musk speeds past Mark Zuckerberg on the billionaires list after Meta stock …
Tesla among electric carmakers forced to cut prices as market stalls – The Guardian
EV sales have plateaued across the world but the newfound glut of vehicles may just be temporary
Elon Musk became the world’s richest man by evangelising about electric cars – and delivering them by the million. Yet in recent months his company, Tesla, has struggled to maintain its momentum: sales have dropped this year, and so has its share price.
Those struggles have become emblematic of a broader reckoning facing the electric vehicle (EV) industry. After the soaring demand and valuations […]
Tesla among electric carmakers forced to cut prices as market stalls – The Guardian
Musk Says Tesla's Optimus Robot Could Launch Next Year—Here's What Experts Think
Tesla could start selling its humanoid Optimus robot by the end of next year and one day will rake in more cash from robots than cars, CEO Elon Musk told investors on Tuesday, another ambitious claim from the billionaire that experts said might just be within the realm of possibility—though is highly unlikely to make the carmaker any money in the near future.
Elon Musk hyped Tesla’s Optimus robot after an earnings report on Tuesday.
Optimus, Tesla’s still-in-development humanoid robot, […]
Musk Says Tesla's Optimus Robot Could Launch Next Year—Here's What Experts Think
Tesla Stock Soars 12% as Elon Musk Promises More Affordable Electric Vehicles | News
Tesla Stock Soars 12% as Elon Musk Promises More Affordable Electric Vehicles
Benzinga – News
Apr 25, 2024
1 hr ago
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Tesla Stock Soars 12% as Elon Musk Promises More Affordable Electric Vehicles | News
Elon Musk Admits, 'I Really Didn't Think Tesla Would Be Successful' But Says If Something Is …
Despite recent fluctuations in Tesla Inc.'s sales, the brand's impact on the automotive industry is undeniable as it ranks as one of the most popular car companies worldwide.
But CEO Elon Musk wasn't always so confident Tesla would become the household name it is today.
In a 2014 interview on "60 Minutes," Musk discussed his expectations around Tesla's success or lack thereof.
Can you guess how many Americans successfully retire with $1,000,000 saved? The […]
Elon Musk Admits, 'I Really Didn't Think Tesla Would Be Successful' But Says If Something Is …
Elon Musk's Weird Excuse for Tesla's Tumble: We're Not a Car Company!
Elon Musk is prone to strange asides in all aspects of his life, but Tesla’s quarterly earnings call earlier this week found him in rare form: Speaking to investors, the CEO droned on about everything from alien abductions to the Irish Republican Army, and seemed to signal his intent to appropriate self-driving cars’ onboard computers to turn a profit for the company when not being used. His ramblings are a little more understandable in context: After a Cybertruck recall and news the […]
Elon Musk's Weird Excuse for Tesla's Tumble: We're Not a Car Company!
Can Elon Musk Pull Off a Mark Zuckerberg? – New York Magazine
By the time Elon Musk held a conference call with Wall Street on Tuesday night, he had spent most of the last year on the defensive. The call was nominally to discuss Tesla’s historically bad earnings that saw net income drop 55 percent last quarter. His largest and most important company has lost half of its value since July and more than two-thirds since its 2021 peak. Some of this could be blamed on factors affecting any electric-vehicle company — interest rates are high, subsidies are […]
Can Elon Musk Pull Off a Mark Zuckerberg? – New York Magazine
Why Elon Musk may not drive Tesla to India anytime soon – The Economic Times
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Download The Economic Times News App to get Daily Market Updates & Live Business News.
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Why Elon Musk may not drive Tesla to India anytime soon – The Economic Times
Will Musk now deliver the 'biggest value appreciation in history'? – AFR
Elon Musk has a new vision: AI-fuelled autonomy allows Tesla to move beyond its past as a car maker or energy company to become a new style of tech giant.
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Will Musk now deliver the 'biggest value appreciation in history'? – AFR