Tesla CEO Elon Musk has declared that the company’s future no longer revolves around cars. In a significant shift, Musk revealed on Monday that 80% of Tesla’s value […]
Tesla’s Dojo Shuts Down: A Strategic Pivot in the Race for Self-Driving AI
After six years of development, Tesla has halted its ambitious Dojo supercomputer project. The decision marks a strategic shift from in-house AI chip production to collaboration with established […]
Tesla Faces Indian Tax Hike Threat as Luxury EVs Under Fire
India is poised to impose hefty taxes on luxury electric vehicles (EVs), potentially impacting sales of Tesla, BMW, Mercedes-Benz, and BYD. A tax panel has proposed raising GST […]
Tesla’s Model Y Underperforms in India Despite High Prices
Tesla’s ambitious entry into the Indian market has encountered challenges. While the company entered the country in July, sales have fallen short of expectations. With just over 600 […]
South Korean Investors Shift Funds to Crypto Stocks Amidst Disillusionment with Tesla
Korean retail investors have significantly reduced their holdings in Tesla stock over the past four months, shifting their investment focus towards crypto firms. This trend is attributed to […]
South Korean Investors Sell $657M in Tesla Stock, Shifting Towards Crypto
South Korean retail investors recently sold a significant amount of Tesla stock, netting $657 million in August. This marks the largest outflow since early 2023 and coincides with […]
Elon Musk Lawyer to Chair $200M Dogecoin Treasury Initiative
Alex Spiro, Elon Musk’s lawyer and a prominent attorney at Quinn Emanuel Urquhart and Sullivan, will chair a new $200 million Dogecoin treasury initiative. This vehicle aims to […]
Tesla Embraces Chinese AI Models to Boost Market Share
Facing stiff competition from local rivals and a challenging Chinese market, Tesla is reportedly exploring the integration of DeepSeek and Doubao’s AI models into its in-car voice assistant […]
Elon Musk Faces Lawsuits Over Tesla Autopilot Claims and Trump Ties
Tesla CEO Elon Musk has been embroiled in legal battles stemming from his past claims about the company’s self-driving capabilities. Class action lawsuits have now emerged, alleging that […]
Faraday Future Invests in Cryptocurrency with New C10 Index
Faraday Future, a company known for its early entry into the electric vehicle (EV) market as a competitor to Tesla, has entered the world of cryptocurrency. The firm […]
Tesla Launches Longer-Range Model 3 in China to Retain Market Share
Tesla has begun accepting orders for its upgraded Model 3, boasting a longer driving range than the standard version. This comes amidst fierce competition from domestic rivals like […]
Elon Musk Shuts Down Tesla Dojo, Focuses on Unified AI for Self-Driving and Robots
Elon Musk has confirmed the shutdown of Tesla’s Dojo project, a cornerstone initiative aimed at developing an advanced AI supercomputer for autonomous vehicles and robots. This unexpected shift […]
Tesla Soars as Robotaxi Expansion Fuels Stock Surge
Tesla shares experienced a significant surge of 3.87% to $342.45 on Monday, driven by the company’s expansion into robotaxi operations and energy ventures. The electric vehicle giant secured […]
Tesla, Roku, and Coinbase Dominate ARK Innovation ETF Top 3
Cathie Wood’s flagship ARK Innovation ETF (ARKK) has witnessed a surge in holdings for tech giants. Tesla Inc. remains the top holding at $771 million (10.37% of the […]
Cathie Wood Sees Tesla at the Forefront of AI Innovation
Ark Invest founder Cathie Wood believes Tesla is leading in artificial intelligence development globally. This week, she has demonstrated her confidence by significantly increasing her investment in Tesla’s […]