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Tesla's Texas Lithium Facility Launches Amid Lithium Market Glut.

December 16, 2024
Tesla Inc. has officially initiated production at its state-of-the-art lithium refinery in Robstown, Texas. This significant development comes as the global lithium market faces a temporary glut, with prices plummeting to below $10,000 per ton from their 2022 peak of $80,000.

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Tesla's Cybertruck Production Slowed Down Before December's Halt, Research Suggests

December 16, 2024
Tesla Inc.’s Cybertruck production rate was reduced even before the EV giant halted manufacturing for a few days earlier this month, according to researcher Troy Teslike.

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Elon Musk's Mother Reveals Son's Unlikely Friendship With Barron Trump

December 15, 2024
Elon Musk, the renowned entrepreneur and business magnate, has formed an unexpected bond with Barron Trump, the youngest son of former President Donald Trump. The news was shared by none other than Musk’s mother, Maye Musk.

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Pricing Parity: Tesla Model S, X, and Cybertruck - Which is the Best Value?

December 14, 2024
Tesla Inc. has hiked the starting price of its Model S sedan by $5,000, causing all of its premium vehicle offerings to now start at the same price point of $79,990. This change may leave consumers wondering which of these vehicles offers the best value.

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Report: Trump Transition Team Pushes to Scrap Car Crash Rules, Boosting Tesla

December 14, 2024
The Trump transition team is reportedly pushing for the abolition of the car crash reporting requirement, a move that could favor Tesla Inc. and its CEO, Elon Musk.

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Elon Musk Given Green Light to Appeal $56 Billion Tesla Compensation Ruling

December 14, 2024
Electric vehicle (EV) giant Tesla Inc. and its CEO, Elon Musk, have been granted permission to appeal a ruling that voided Musk’s $56 billion pay package. The decision was made by Chancellor Kathaleen McCormick of the Court of Chancery, who issued an order opening a 30-day window for Tesla and Musk to appeal to the Delaware Supreme Court.

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Tesla Increases US Model S Price by $5,000

December 14, 2024
EV giant Tesla Inc has increased the starting price of its Model S premium sedan in the US by $5,000, bringing it to $79,990, on par with the starting price of the Model X SUV.

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Tesla Shares Surge 76%: End of Rally or New Beginning?

December 13, 2024
Tesla Inc. has seen its stock rocket 76% since November 5, coinciding with Donald Trump’s presidential election victory. While the rally marks a triumphant rebound, driven partly by CEO Elon Musk’s political connections and Tesla’s tech-forward advances, the stock’s technical indicators hint at potential turbulence ahead.

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Musk Under Pressure to Resolve SEC Dispute Amid Allegations of 'Years of Harassment'

December 13, 2024
Billionaire Elon Musk is facing intense pressure to resolve a long-standing dispute with the Securities and Exchange Commission (SEC) over his acquisition of Twitter, now rebranded as X. The controversy has been brewing since Musk’s $44 billion buyout in 2022.

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Musk Criticizes USPS Electric Vehicle Program as 'Crazy' in Latest Tirade

December 13, 2024
Elon Musk, CEO of Tesla Inc., has expressed skepticism about the cost of electric vehicles for the U.S. Postal Service. Musk’s comments came in response to a post about a $10 billion program aimed at purchasing electric vehicles for the USPS, which has been significantly delayed.

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