The past week has been a whirlwind of economic and political developments, with the Trump administration making headlines on multiple fronts. From the announcement of the first-ever U.S. sovereign wealth fund to escalating tensions with Iran, the news has been coming thick and fast. Here’s a recap of the top stories:
Tesla Skipping Crucial Step to Achieve Driverless Technology, Claims Researcher
Tesla Inc. is facing criticism for its approach to vehicle autonomy, with researcher Troy Teslike stating that the company is skipping a vital step in achieving driverless technology. According to Teslike, Tesla’s plan to transition directly to driverless operations is unrealistic and may pose significant risks.
Tesla Counters Slowing Deliveries with Complimentary Supercharging for Model S and X in the US
EV giant Tesla has announced that customers who purchase or lease a new Model X or Model S in the US are eligible for free supercharging during their ownership of the vehicle. This offer is aimed at increasing demand for the company’s expensive car offerings.
Tesla Poised for Rebound Under Volatile Market Conditions
Tesla Inc. has been facing significant drama and reputational challenges, particularly since CEO Elon Musk became more involved in politics. Despite the turmoil, the company’s stock may be due for a rebound.
Musk's $10 Trillion AI Gamble Gains Momentum Amid Tesla Stock Slump
Tesla Inc. is facing a significant slump in its stock price, with a decline of approximately 23% from its 52-week high. However, despite this decline, CEO Elon Musk’s ambitious plans for artificial intelligence (AI) and robotics are gaining momentum.
Tesla Executives, Including Kimbal Musk, Unload $73 Million Worth of Company Stock
Top executives at Tesla, including Kimbal Musk, Robyn M Denholm, and Vaibhav Taneja, have sold shares of the company worth a total of $73 million over the past week. These transactions were reported in recent filings with the Securities and Exchange Commission.
Tesla Introduces 0.99% APR Financing on Model 3 in Canada Following Price Increase
Electric vehicle giant Tesla has announced the introduction of 0.99% annual percentage rate (APR) financing on Model 3 purchases in Canada. This offer is available for orders placed by March 7, with delivery required before April 1.
Tesla Increases Model X Price by $5,000, Surpassing Cybertruck Cost
EV giant Tesla Inc. has increased the price of its premium Model X SUV by $5,000. This change now makes the all-wheel drive version ineligible for a federal EV tax credit of $7,500.
Elon Musk's Politics Impacting EV Sales: Tesla Sees 60% Decline in Germany
Tesla, one of the largest electric vehicle companies in the world, is facing a significant decline in sales in certain parts of the world, possibly due to CEO Elon Musk’s deeper involvement in politics.
Tesla to Launch First Overseas Megafactory Production on February 11
Electric vehicle giant Tesla Inc. is set to start production at its Shanghai megafactory on February 11, marking a significant milestone in the company’s expansion plans. This development comes less than a year after the construction of the megafactory began.