Gary Black, Managing Director of Future Fund LLC, has expressed skepticism over Tesla’s shift towards autonomy and humanoid robots. Black believes that this move is a “fool’s narrative” given that over 70% of Tesla’s profits come from electric vehicles (EVs). He highlighted the decline in Tesla’s global volumes and questioned the justification for the company’s high valuation.
Unveiling the Authentic Elon: Andrew Sorkin Reflects on 2023 DealBook Summit Interview with Tesla's CEO
Author and journalist Andrew Sorkin reflects on his 2023 DealBook Summit interview with Tesla Inc. CEO Elon Musk. Sorkin aimed to showcase the true persona of Musk during their conversation, where the billionaire shared his thoughts on advertisers threatening to pull their ads from his social media platform X.
Tesla Becomes First Customer of Its Own Semi Trucks After Full Production Launch
Tesla Inc. has several new vehicles lined up for full-scale production in 2026, including the highly anticipated Tesla Semi. In a surprising move, the company has announced that it will be the first customer of its own Semi trucks once full production launches. This decision highlights Tesla’s commitment to sustainability and electrifying its supply chain.
Tesla's China Deliveries Plummet to Three-Year Low, Foreshadowing Potential First Annual Decline in 2025
After a record-breaking third quarter for electric vehicle sales, Tesla has reported a sharp decline in vehicle sales in China to start the fourth quarter.
Tesla Inc's Short Interest: A Recent Analysis
Tesla Inc’s short interest as a percent of float has fallen 5.3% since its last report. According to exchange reported data, there are now 72.69 million shares sold short, which is 2.5% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.0 days to cover their short positions on average.
Elon Musk Fires Back at Critics Over $1 Trillion Compensation Package
Elon Musk, CEO of Tesla Inc., has expressed his views on the company’s valuation and responded to critics in a recent post. The criticism stems from a $1 trillion compensation package approved by Tesla shareholders, which is contingent on achieving ambitious targets, including significant market capitalization and operational goals.
Elon Musk Arrived in Montreal at 17 with Little More than a Bag of Books and $2,500
Elon Musk, the CEO of Tesla, has shared his story of arriving in Montreal at the age of 17 with very little to his name. In a recent post, Musk revealed that he had only three possessions when he arrived in the city: $2,500, one bag of clothes, and one bag of books.
Elon Musk Concedes $1 Trillion Bonus Targets Are a Formidable Challenge
Elon Musk, CEO of Tesla Inc., has acknowledged that achieving the market capitalization target for the EV giant and reaching the operational goals outlined as part of his $1 trillion compensation package is a “tall order.” In a recent post, Musk emphasized the difficulty of reaching these targets, which include specific earnings before interest, taxes, depreciation, and amortization (EBITDA) goals.
Elon Musk Predicts Optimus Robot Will Drive Job Replacement and Pave Way for Universal Basic Income
Elon Musk, CEO of Tesla Inc., has predicted that the company’s humanoid robot, Optimus, will revolutionize the global economy, even if it significantly reduces the need for human labor. Despite the technical challenges surrounding the robot’s production, Musk’s ambitious vision for Optimus continues to unfold.
Tesla's Tuk-Tuk Troubles: Navigating India's Complex Road Network
Tesla Inc. is facing a new challenge in its newest market, India. The company’s Full Self-Driving (FSD) system has been under scrutiny due to reports of multiple accidents and traffic violations, but in India, Tesla is struggling to navigate the country’s complex road network.