Tesla Inc. has seen a significant drop in registrations in China, with a 27.5% decline from the same period last year. According to recent data, Tesla recorded 10.3K new insured registrations in China from August 18 to August 24.
Tesla Ordered to Pay $243 Million in Fatal 2019 Autopilot Crash, Triple the Initial Estimated Cost
Tesla Inc., led by CEO Elon Musk, has been ordered to pay $243 million in damages following a fatal 2019 Autopilot crash. This verdict comes after the company rejected a $60 million settlement offer. The case stems from an April 2019 crash in Key Largo, Florida, where a Tesla Model S equipped with Autopilot struck a parked Chevrolet Tahoe.
Trump Plans Executive Orders to Reform DC Bail System and Protect Flags in Law-and-Order Initiative
President Donald Trump is set to issue executive orders aimed at reforming the bail system in Washington, D.C. and cracking down on those who desecrate the American flag.
Tesla Revolutionizes Optimus Training with Vision-Only Strategy, Experts Weigh In
IntroductionTesla Inc. has changed its approach to training its humanoid robot, Optimus, by adopting a vision-only method. This new strategy involves recording videos of workers performing tasks, which will be used to train the robot.
Tesla Alum Joins Bezos-Backed Electric Vehicle Startup Slate Auto
Slate Auto, a startup backed by Jeff Bezos, has recruited a key manufacturing leader from Tesla Inc. amid its push to produce an affordable electric vehicle pickup truck. The startup has hired Napoleon Reyes, who previously headed Tesla’s Model Y and Model Y Refresh General Assembly in Fremont, California.
US Model Y Inventory Dwindles as Tesla Approaches Federal EV Credit Deadline
Tesla Inc. is reportedly running low on inventory of the new Model Y in the US. This shortage comes as the September 30 deadline for the $7,500 EV credit approaches.
Kobe Bryant Reveals How Elon Musk's Genius Inspired Him
Basketball legend Kobe Bryant often expressed his deep admiration for Elon Musk, citing the billionaire as a source of inspiration. Bryant, known for his voracious appetite for knowledge, was always on the lookout for inspiration from the best in various fields. Musk, with his innovative approach and relentless quest for solutions to complex problems, caught Bryant’s attention.
Trump Taps Sergio Gor as US Ambassador to India Amid Rising Trade Tensions and Russia Oil Dispute
President Donald Trump has nominated Sergio Gor, his head of presidential personnel, as the new US Ambassador to India. This strategic appointment comes at a time of significant diplomatic crisis between the two nations, with rising trade tensions and disagreements over Russian oil imports.
Kimbal Musk Supports Elon's $29 Billion Tesla Compensation Package
Kimbal Musk, a board member at Tesla Inc., has defended the company’s decision to approve a $29 billion compensation package for his brother, CEO Elon Musk. The package, which grants Elon Musk 96 million shares vesting over two years, has faced mounting scrutiny from investors and analysts.
Tesla Raises Price of Fastest Cybertruck Model as EV Credit Deadline Looms and Sales Decline
Tesla has announced a price increase for the quickest Cybertruck variant, the Cyberbeast trim, from $99,990 to $114,990. This change comes as the September 30 deadline for the federal EV credit approaches.