Tesla shares fell by more than 3% on Monday, July 7, following CEO Elon Musk’s surprise announcement of plans to form a new U.S. political party. The move has raised fresh concerns among investors about Musk’s focus on the electric … Continue reading Tesla shares tumble by more than 3% after Elon Musk announced political ambition
AGS NEWS – Tech billionaire Elon Musk has introduced the next-generation humanoid robot, Optimus, at the “We, Robot” event on Thursday, describing its capabilities as limitless. Musk claimed that Optimus could perform a wide range of tasks, from walking dogs … Continue reading Elon Musk unveils Tesla’s humanoid robot Optimus
AGS NEWS – The European Commission announced plans on Tuesday to impose a nine-percent tariff on Tesla’s electric vehicles made in China. This rate is much lower than the tariffs facing Chinese manufacturers, unless Beijing makes concessions in an ongoing … Continue reading EU slaps 9% tariff on Tesla’s China-made electric cars
AGS NEWS – Tesla’s second-quarter profits dropped significantly due to price cuts and heavy spending on technology, including autonomous driving. The company, led by Elon Musk, reported a profit of $1.5 billion, down 45%, on revenues of $25.5 billion, up … Continue reading Tesla reports profit drop on price cuts, lower vehicle sales
A Tesla engineer faced a bad encounter when a robot malfunctioned at the Giga Texas factory near Austin, leading to an attack. The incident unfolded as two other employees observed the disturbing event, where the machine, designed for handling freshly … Continue reading Tesla robot attacks an engineer at the company’s Texas factory during violent malfunction
Tesla CEO Elon Musk has expressed his intentions to bring the electric car manufacturer to India “as soon as humanly possible.” This statement follows a meeting between Musk and Indian Prime Minister Narendra Modi, who is currently on a state … Continue reading Elon Musk assures Tesla’s arrival in India ‘as soon as possible’ during Modi’s US visit
Elon Musk, the owner of Twitter for nearly six months, jokingly revealed in a recent interview with the BBC that he has been sleeping on a couch in the company’s seventh-floor library, which he claims is now being run by … Continue reading Elon Musk reveals he sleeps on Twitter office couch and claims his dog is the CEO (watch the video)
Elon Musk, has announced plans to expand Tesla in China with the construction of a new factory dedicated to producing large-scale batteries. The factory, located in Shanghai, will have the capacity to produce 10,000 “Megapack” energy storage units per year, … Continue reading Elon Musk announces Tesla’s plans to construct a new battery factory in Shanghai
Over the weekend, hundreds of Tesla car owners in China descended upon the automaker’s showrooms and distribution centers to demand rebates and credits. This action was taken in response to Tesla’s recent decision to suddenly reduce prices on its electric … Continue reading Tesla owners in China stage protests in showrooms and distribution centers
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