Elon Musk, the CEO of Tesla Inc., has expressed concerns over potentially losing control of the electric vehicle giant due to the influence of activist shareholders. As the current owner of a 12.8% stake in Tesla, Musk is apprehensive about being dethroned by shareholders who may not align with his vision for the company’s future.
Tesla Ordered to Pay $243 Million in Damages Over Fatal Autopilot Accident
A Florida jury has ruled against Tesla Inc., ordering the company to pay $243 million in damages stemming from a 2019 fatal crash involving its Autopilot feature. The incident occurred when a Tesla Model S collided with a parked SUV, resulting in the death of Naibel Benavides Leon and severe injuries to her former boyfriend, Dillon Angulo.
Tesla Stock: Understanding the Current Market Trends
Tesla Inc stock experienced an early session dip in line with broader market weakness following a surprisingly soft U.S. jobs report. Here’s what investors need to know.
Should You Buy or Sell Tesla Stock?
Tesla Inc. stock has experienced a bumpy ride since Elon Musk started publicly supporting various causes and making political comments worldwide. Despite weak earnings and challenging quarters ahead, the stock only declined 3% last month. In previous months, it experienced double-digit monthly drops with high volatility.
Tesla Sales Slump for Seventh Month in Denmark, Sweden, and France
Tesla Inc.’s sales have fallen for the seventh consecutive month in Denmark, Sweden, and France. This decline is part of the company’s ongoing struggles, with no immediate signs of relief for Elon Musk.
Ross Gerber Criticizes Tesla for Misleading Robotaxi Claims and Contradictory Supervised FSD Concept
Ross Gerber, co-founder of Gerber Kawasaki, has publicly criticized Tesla’s Robotaxi operations. Gerber’s criticism comes after Tesla launched a ride-hailing service in the San Francisco Bay Area. According to Gerber, it is “silly” to refer to the service as “Tesla Robotaxi.”
Tesla Stock Plunges: Key Details Investors Should Be Aware Of
Tesla Inc. shares are currently trading lower, extending losses that began after the company’s second-quarter earnings report. Despite recent high-profile deals, including a $16.5 billion AI chip manufacturing agreement with Samsung, the market remains cautious as investors digest the company’s long-term strategy and immediate financial performance.
US-Russia Space Talks Imminent as Trump's NASA Head Sean Duffy Prepares to Meet with Russian Counterparts
Acting NASA Administrator and U.S. Transportation Secretary Sean Duffy is set to hold talks with his Russian counterpart over “space issues” later this week. This meeting marks a significant event in the space diplomacy calendar, especially given the current geopolitical landscape.
Gary Black: Smaller Tesla Pickup Could Boost Earnings, Labels Cybertruck a 'Disaster'
Investor Gary Black believes that a smaller Tesla pickup truck could significantly boost the company’s total addressable market and earnings potential. According to Black, a smaller pickup would be a compelling new form factor that could expand Tesla’s market and earnings.
Tesla's AI Ambitions Take Center Stage Following Q2 Earnings Release
Tesla Inc shares are trading marginally lower as investors weigh the company’s long-term artificial intelligence ambitions against recent financial headwinds. Here’s what you need to know: