Investors were excited to hear that Tesla plans to launch its driverless cars as a paid service in just a few months. Now Tesla may be gaining an advantage from another place entirely. Tariffs on vehicles and auto parts imported from Canada and Mexico may begin as soon as tomorrow.
Meta Platforms is in discussions about moving its incorporation from Delaware to Texas or other states, the Wall Street Journal reported on Friday, citing people familiar with the matter.
Lucid CEO and former Tesla chief engineer Peter Rawlinson claims that Tesla’s charge port location, and why everyone has
Elon Musk has been nominated for the Nobel Peace Prize. Norwegian libertarian MP Marius Nilsen, who tossed the Tesla founder’s name into the mix for consideration, cited Musk’s “adamant defense of dialogue, free speech and [enabling] the possibility to express one’s views’ in a continuously more polarized world.”
Tesla Inc.’s quarterly results this week drove home the lesson that profit and sales numbers don’t seem to matter much for this stock anymore. Instead, it’s Elon Musk’s narrative that’s wooing investors at the moment.
A potentially crippling entanglement with China is that of our defense and homeland security needs. If that dependence remains, our national security is at risk.
Despite disappointing earnings, Elon Musk doubled down on Tesla’s futuristic ventures like AI, robotics and fully autonomous vehicles.
Elon Musk’s Tesla paid a total of $0 in federal income taxes in 2024, new tax reports show, despite the company having raked in billions of dollars in income and being the most valuable car company in the world.
Shares of Tesla ( TSLA 4.28%) were moving higher today, overcoming a weak earnings report after CEO Elon Musk spent much of the earnings call pumping up the stock and making big promises about autonomy. As of 1:11 p.m. ET, the stock was up 4.7% on the news.
Tesla plans to roll out affordable EVs in 2025 and launch a robotaxi service, despite a dip in fourth-quarter earnings.
Even so, Mr Ellison remains the world’s fifth-richest man, and Oracle the third-biggest software firm. He has a thing or two to teach fellow tech titans, in particular his friend Elon Musk, about staying power.
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.