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It won’t be an easy job. Whoever becomes the new chairman of Tesla Motors will face the formidable task of reining in Elon Musk, the charismatic, visionary chief executive with an impulsive streak, while also helping Musk achieve his dream of turning Tesla into a profitable, mass-market producer of environmentally-friendly electric cars. Musk is giving…
Attorneys for a Tesla shareholder urged a Delaware judge on Tuesday to invalidate a 2018 compensation package awarded by the company’s board of directors to CEO Elon Musk that is potentially worth more than $55 billion (roughly Rs. 4,55,600 crore). The shareholder’s lawyers argue that the compensation package should be voided because it was dictated…
Tesla will cut assembly costs by half in future generations of cars, engineers told investors on Wednesday, but Chief Executive Elon Musk did not unveil when it will debut a much-awaited affordable electric vehicle. Shares fell more than 5 percent in after hours trade following the company’s investor day from its Texas headquarters. More than…
It’s crunch time at Tesla where Elon Musk is looking to crack the code for making better, cheaper batteries. The electric-vehicle maker is recruiting Chinese and Korean materials suppliers to help lower the cost and boost the energy of its newest battery cells, even as the company struggles with battery-related performance and production issues that have…
Last Updated:January 01, 2025, 08:52 IST Elon Musk’s display photo on X now shows ‘Pepe the Frog’ wearing golden armour and holding a video game controller- which has been trending online since a long time. Elon Musk swapped his profile picture to an image of the famous ‘Pepe the Frog’ meme. Elon Musk has changed…
The government on Tuesday said it will allot spectrum for satellite broadband administratively and not via auction, hours after Elon Musk criticized the auction route being sought by rival billionaire Mukesh Ambani as “unprecedented”. In what is seen as a battle between billionaires, the methodology of awarding spectrum for satellite services in India – a…
Elite company: Elon Musk, centre, with U.S. President-elect Donald Trump, left, and Vice President-elect J.D. Vance, right, at an event in Maryland in December. | Photo Credit: AP Last month, in the waning days of the Biden administration in the U.S., the Securities and Exchange Commission (SEC) set a tight deadline demanding that billionaire Elon Musk…
Facebook parent company Meta Platforms has removed several accounts across Threads and Instagram that were used to track celebrities’ private jets, including the jet owned by its Chief Executive Officer Mark Zuckerberg, citing a risk of “physical harm.” The accounts, which rely on publicly available information to track a jet’s location and CO2 emissions, among…
A California judge on Wednesday tentatively ordered Tesla CEO Elon Musk to be interviewed under oath about whether he made certain statements regarding the safety and capabilities of the carmaker’s Autopilot features. The ruling came in a lawsuit filed by the family of Walter Huang against Tesla in Santa Clara Superior Court, over a car…
A group of senior Tesla executives plan to visit India this week to meet with federal government officials in a newfound bid to deepen the carmaker’s supply chain in the country as it pushes to diversify beyond China. The executives are scheduled to meet with government representatives including those from the office of Prime Minister…
