Billionaire and Tesla Inc. CEO Elon Musk has sparked rumors of a potential political comeback amid his criticism of U.S. President Donald Trump’s Big, Beautiful Bill.
Gary Black Expects Tesla Q2 Deliveries to Fall Short, Citing Cannibalization Risk from Cheaper Models and Potential 22% Price Correction
Investor Gary Black, founder of The Future Fund, has issued a cautious outlook on Tesla’s upcoming second-quarter deliveries, saying that the EV giant is likely to miss estimates.
Mark Cuban Boosts Worker Pay After Discovering Staff Reliance on Government Assistance
Mark Cuban, owner of the NBA’s Dallas Mavericks, has taken a significant step towards addressing the issue of wage disparity among his employees. Upon discovering that some of his arena staff were reliant on government aid programs, Cuban was prompted to take immediate action.
Elon Musk's Tesla Goes Public 15 Years Ago, Now Worth Nearly 300 Times More
Tesla Inc. is marking its 15th anniversary since its initial public offering (IPO) with a staggering surge in its stock value, now worth nearly 300 times more than its initial value. On June 29, 2010, Tesla generated around $150 million in revenue, primarily from its two-seat electric sports car, the Roadster. The Model S sedan, which would later target the premium vehicle market, was still two years away from launch.
Elon Musk Slams Trump's Megabill as 'Utterly Insane' and 'Destructive'
Elon Musk, CEO of Tesla Inc., has publicly criticized President Donald Trump’s One Big Beautiful Bill, calling it “utterly insane” and “destructive”. Musk’s criticism comes amid an ongoing public disagreement with President Trump, who supports the bill.
Tesla Fatal Crash Lawsuit to Proceed to Trial in July After Dismissal Bid Fails
A federal judge in Miami has ruled that a lawsuit against Tesla Inc. can proceed to trial. The lawsuit is related to a fatal car crash involving a Tesla Model S, equipped with Autopilot, that crashed into a parked Chevrolet Tahoe in Key Largo, Florida, in April 2019.
Elon Musk Responds to Tesla's Successful Autonomous Model Y Delivery from Factory to Customer's Home
Tesla Inc. has reached a significant milestone in autonomous driving technology, successfully completing its first fully autonomous delivery of a Model Y. The company’s CEO, Elon Musk, announced the achievement on social media, stating that the delivery was completed a day ahead of schedule.
Elon Musk Warns of Looming Population Collapse, Advocates for Having Three Children
Elon Musk is sounding the alarm on a potential population collapse, stating that having three children is necessary to prevent a societal collapse. The billionaire believes that individuals who have kids should aim to have at least three to counterbalance those who have zero or one child.
Tesla's Q2 Sales Plunge Amid Key Executive Departure
Investor Gary Black has shared his thoughts on the recent departure of Omead Afshar from Tesla Inc. Afshar’s exit comes as the company is experiencing declining sales.
Tesla's Robotaxi Poised to Revolutionize the Auto Industry, Piper Sandler Predicts, Contrary to Goldman's Reserved Outlook
The auto industry is on the cusp of a significant disruption with the launch of Tesla’s Robotaxi, according to investment firm Piper Sandler. This prediction is in stark contrast to Goldman Sachs’ more reserved outlook on the matter.