Elon Musk, Twitter’s largest shareholder, has decided not to join the company’s board of directors, according to CEO Parag Agrawal. Musk, who calls himself a free-speech absolutist and has been critical of Twitter, disclosed a 9.1% interest in the social media network on April 4 and said he intends to make big improvements. His appointment…
Tesla’s goal of bringing electric vehicles into the mainstream is gaining traction, as evidenced by the company’s consistent growth in deliveries. As the EV manufacturer ramps up production, the number of delivered vehicles is expected to reach all-time highs in 2022. According to Finbold data, Tesla’s 2021 deliveries totaled 936,172, an increase of 87.4 percent…
Tesla reported record quarterly deliveries on Sunday that far exceeded Wall Street expectations, despite global chip shortages as it ramped up China production. It was the world’s most valuable automaker’s sixth consecutive quarter of record deliveries. Tesla, led by billionaire CEO Elon Musk, delivered 308,600 vehicles in the fourth quarter, far exceeding analysts’ expectations of…
Electric vehicle manufacturer Tesla CEO Elon Musk, the world’s richest person, has stated that he will pay more than $11 billion in taxes this year. Following Time magazine’s designation of Musk as “person of the year,” Democratic U.S. Senator Elizabeth Warren took to Twitter earlier this week to suggest that Musk pay taxes and stop…
Tesla has quietly launched the Cyberquad for Kids, just in time for the holiday season in the United States. The Cyberquad for Kids is an all-terrain vehicle (ATV) based on the Tesla Cybertruck. It is powered by a lithium-ion battery that can travel up to 15 miles (24 kilometers) on a single charge. Tesla‘s Cyberquad…
Tesla’s market valuation hit and then surpassed the $1 trillion mark Monday, a milestone reached by the company 11 years after it became a publicly traded company. It also puts Tesla in select company with Apple, Amazon, Facebook and Google, all of which have market caps above $1 trillion. Tesla met the $1 trillion market…
Tesla, the major electric vehicle manufacturer headed by Dogecoin (DOGE) proselytizer Elon Musk, has hinted that it may soon look to restore support for crypto payments. In a September quarterly filing with the United States Securities and Exchanges Commission, the firm stated it “may in the future restart the practice of transacting in cryptocurrencies,” which suggests Tesla…
US electric car maker Tesla on Sunday rolled back the latest version of its Full Self-Driving (FSD) beta software, less than a day after its release, after users complained of false collision warnings and other issues. The setback comes as Tesla is under regulatory scrutiny over the safety of its semi-autonomous driving technology, which it calls “FSD.” “Seeing some…