Some analysts like Wedbush Securities’ Dan Ives have claimed that Musk’s influence in Trump’s administration will be a boon for Tesla and could skyrocket the company’s valuation to $2 trillion, from its current $1.29 trillion market cap.
Elon Musk said Tesla will begin launching unsupervised self-driving models in Austin, Texas by June and several other U.S. cities by the end of 2025.
The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.
Tesla investors want answers, and they want them now. The company’s fourth-quarter earnings report just dropped today, but shareholders are more focused on the man in charge: Elon Musk. This is quite uncharacteristic of them,
As Elon Musk grew Tesla’s business in China, he publicly cozied up to its leaders on his favorite social media platform.
Tesla's fourth-quarter net income fell 71% from a year ago when results were boosted by a one-time tax benefit. The latest results fell short of Wall Street forecasts.
Tesla has posted a slump in profits after the first sales decline in its history as Elon Musk’s car company faces growing Chinese competition and flatlining interest in electric vehicles (EVs).
Elon Musk used his new government efficiency role to stop by the operations of his competitor Boeing to look into the long-delayed efforts to renovate two 747 jets into the next generation of Air Force One jets,
It’s hard to fault a CEO who grows a company beyond $1 trillion in value. Elon Musk managed the feat by upending the automotive market with Tesla’s electric vehicles and extended its lead with broader battery power.
The news comes from CEO Elon Musk, who finally admitted it during Wednesday's Tesla earnings call (via Electrek ). "The truth is that we will need to replace all HW3 computers in vehicles where FSD was purchased," said Musk after Tesla's head of FSD, Ashok Elluswamy, said the company is "not giving up on it."
NEW YORK (AP) — X is teaming up with Visa to soon offer a system for real-time payments on the social media platform — signaling some progress in a yearslong vision from billionaire owner Elon Musk to create an “everything app.”