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After Tesla's stock slide, Magnificent Seven face tests to keep market's throne

After Tesla's stock slide, Magnificent Seven face tests to keep market's throne

Sun, Jan 28, 2024

Tesla shares have tumbled more than 26% so far in 2024 after the electric-vehicle maker reported a fourth-quarter operating margin that has almost halved to 8.2 per cent from the year-earlier period. Tesla also warned that it expects slower sales growth this year, CNN reported.

EV sales growth may be 'notably lower' in 2024: Tesla

EV sales growth may be 'notably lower' in 2024: Tesla

Thu, Jan 25, 2024

Tesla cautioned that the growth of its vehicle sales “may be notably lower” in 2024 as it prepares to launch a new vehicle platform for cheaper EVs.

Tesla Faces Disappointment with Results, Share Drops 6% in Post-Market Trading

Tesla Faces Disappointment with Results, Share Drops 6% in Post-Market Trading

Thu, Jan 25, 2024

Mixed trading in the US for the second consecutive day, S&P 500 made a new record for the fourth consecutive day, action in Nasdaq increased by 10% in NETFLIX, Nasdaq closed at a new record high. Action in other stocks also on the basis of results - Tesla's results disappointed, Tesla shares down 6% in post market trading. Strong results of IBM, shares up 8% in post market. GDP figures for Q4 and 2023 will be released in US today. gold at 1 week low

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The new era for automobiles! Why electric cars could be better for you than fuel-based vehicles

The new era for automobiles! Why electric cars could be better for you than fuel-based vehicles

Mon, Aug 12, 2019

There is not one but many reasons to why you should opt for electric cars rather than fuel-based cars.

Tesla hit by a lawsuit claiming thousands of owners lost battery capacity after software update

Tesla hit by a lawsuit claiming thousands of owners lost battery capacity after software update

Fri, Aug 09, 2019

A Tesla owner has filed a lawsuit against the electric vehicle maker, claiming the company limited the battery range of older vehicles via a software update.

Tesla`s challenges: Founding engineer steps down as chief technology officer

Tesla`s challenges: Founding engineer steps down as chief technology officer

Thu, Jul 25, 2019

Tesla initially promised to be profitable in the third quarter of 2018 and has now pushed back that target multiple times. Now profit is expected in the fourth quarter of 2019, with the current quarter to be break-even, Musk said.

Tesla drops cheapest Model X, S variants, cuts prices to simplify lineup

Tesla drops cheapest Model X, S variants, cuts prices to simplify lineup

Tue, Jul 16, 2019

Tesla Inc has dropped the standard-range variants of its Model X and Model S from its product lineup and adjusted prices across its range, in a sales push that comes days after the U.S. electric vehicle maker reported record deliveries.

Tesla CEO Elon Musk hits headlines again! This time over big feat

Tesla CEO Elon Musk hits headlines again! This time over big feat

Thu, Jul 11, 2019

It's nothing short of a big achievement for Tesla and its CEO Elon Musk, who generally find themselves in the news for the wrong reasons, especially the latter!

Elon Musk shoots off email to employees; here is what he wants

Elon Musk shoots off email to employees; here is what he wants

Wed, Jun 26, 2019

Elon Musk, the CEO of electric vehicle (EV) company Tesla directed his employees to meet the second-quarter delivery goals in a common email to thousands of employees.

Tesla and SpaceX CEO Elon Musk refusing to credit web artist outrages Twitterati

Tesla and SpaceX CEO Elon Musk refusing to credit web artist outrages Twitterati

Mon, Jun 17, 2019

Tesla and SpaceX CEO Elon Musk, who is famous for his quirky sense of using Twitter, has once again made the headlines for refusing to credit a web artist`s work he shared, which has outraged Twitterati.

US denies Tesla, Uber 25% tariff relief on components, e-bikes

US denies Tesla, Uber 25% tariff relief on components, e-bikes

Thu, Jun 13, 2019

The office of the U.S. Trade Representative (USTR) rejected requests to exempt the Model 3 car computer and center screen in May 29 letters, saying they both concern "a product strategically important or related to `Made in China 2025,` or other Chinese industrial programs."

Has Tesla got a new rival? Luxury carmakers BMW, JLR join hands for EVs - Should you buy Tata Motors share?

Has Tesla got a new rival? Luxury carmakers BMW, JLR join hands for EVs - Should you buy Tata Motors share?

Mon, Jun 10, 2019

Both JLR and BMW are looking to enhance their presence in currently a very booming market in auto space's electric vehicle segment.

Tesla launches Model 3 Wireless Phone Charger

Tesla launches Model 3 Wireless Phone Charger

Thu, Jun 06, 2019

Tesla quietly introduced a new and expensive wireless phone charger for its Model 3. The Model 3 Wireless Phone Charger features a non-slip, silicon surface allowing you to charge your precious Smartphone inside the premium car on-the-go. The charger allows two Qi-enabled phones to be charged at once. The charger costs USD 125 and Tesla is promising to ship the same in 2-3 weeks from the date of order.

Australia gets first all-electric police car

Australia gets first all-electric police car

Mon, Jun 03, 2019

"This vehicle is unlike any other Victoria police has ever had in its fleet and could well be the future of road policing in this state, country and the world," Road Policing Command Assistant Commissioner Stephen Leane said.

Musk's tunnelling company bags $48.6 mn deal in Vegas

Musk's tunnelling company bags $48.6 mn deal in Vegas

Mon, May 27, 2019

Tesla CEO Elon Musk's tunnelling company -Boring - has bagged a $48.6 million contract to build an underground transportation system around LVCC Engadget.

Elon Musk hires meme-maker to handle Tesla's social media

Elon Musk hires meme-maker to handle Tesla's social media

Wed, May 22, 2019

In the social networking lingo, the term "absolute unit" stands for anything over-sized and the picture of the large sheep went viral online overnight.

Tesla stock and bonds tumble as investors fret about costs and safety

Tesla stock and bonds tumble as investors fret about costs and safety

Tue, May 21, 2019

Tesla`s stock and bonds tumbled on Monday as investors worried about the automaker`s cash burn and problems with an Autopilot system that CEO Elon Musk has held out as key to the electric car maker`s future.

Ashok Leyland ready to ride on Elon Musk's India dream

Ashok Leyland ready to ride on Elon Musk's India dream

Mon, May 20, 2019

Earlier this year, Tesla`s Indian-origin Chief Financial Officer Deepak Ahuja announced his retirement from the firm, bringing Musk`s India dream to a halt again.

Tesla car explosions in China prompt battery upgrades

Tesla car explosions in China prompt battery upgrades

Sat, May 18, 2019

After two cases of cars exploding in China, electric vehicle (EV)-maker Tesla is planning to upgrade the battery systems of some of its cars.

Tesla to update battery software following car fires in Model S EV

Tesla to update battery software following car fires in Model S EV

Thu, May 16, 2019

Tesla said its investigation with authorities into that incident so far found only a few of the car`s battery modules affected and that the majority of the battery pack was undamaged.

Warren Buffett says Tesla can't sell insurance, Elon Musk hits back

Warren Buffett says Tesla can't sell insurance, Elon Musk hits back

Mon, May 06, 2019

The Berkshire Founder and CEO announced last week that his firm bought its first Amazon shares. The stake in Amazon is a first for the investment conglomerate. Buffett has repeatedly praised Amazon and its CEO Jeff Bezos in the past.

Tesla e-mail warns employees against leaking trade secrets

Tesla e-mail warns employees against leaking trade secrets

Mon, May 06, 2019

Tesla is very serious about its data and the level of seriousness is evident from the company's latest e-mail to its employees, warning against leaking confidential information. The e-mail, shared with CNBC, warns that outsiders who will do anything to see Tesla mail are targeting employees for information through social media and other methods. It reminds employees about their confidentiality agreements and warns them that leaking propriety business information will result in action against them, including termination of employment, claims for damages, and even criminal charges.

US rejects Tesla bid for tariff exemption for Model 3 'brain'

US rejects Tesla bid for tariff exemption for Model 3 'brain'

Sat, May 04, 2019

U.S. trade officials rejected Tesla Inc`s bid for relief from President Donald Trump`s 25 percent tariffs on the Chinese-made computer "brain" of its Model 3 electric vehicles, one of more than 1,000 product denials linked to China`s industrial development plans.

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