Tesla To Cut Hundreds More Jobs In Musk Cost Push: Report
Tesla plans hundreds of additional job cuts beyond a recent company-wide layoff as it cracks down on costs in a tough electric vehicle market, according to a US media report.
Jack Doherty Net Worth 2024: From Flipping Markers To Making Big Bucks
Jack Doherty, the American YouTuber with a massive following of 14 million subscribers, has taken the online entertainment world by storm. Here's how much Jack Doherty's net worth is and how he raked up the big bucks.
US Supreme Court Declines To Hear Musk Appeal Over Tesla Posts
The US Supreme Court on Monday declined to hear an appeal by Elon Musk of a settlement that requires the billionaire to have some of his social media posts about Tesla pre-approved by a company lawyer.
Tesla Wins Key China Security Clearance During Musk Visit
Tesla received a key security clearance from China during Elon Musk's whistlestop visit to the world's biggest electric car market, which wrapped up on Monday.
Musk Leaves Beijing After Tesla Wins Key China Security Clearance
Tech billionaire Tesla CEO Elon Musk boarded a plane departing Beijing on Monday, an AFP journalist said, after a whistlestop visit that saw his firm win a key data security clearance from Chinese authorities.
Tesla CEO Musk Meets China's Number Two Official In Beijing
Tech billionaire and Tesla CEO Elon Musk met in Beijing on Sunday with China's number two official, Premier Li Qiang, who promised the country would "always" be open to foreign firms.
Tesla CEO Elon Musk In China For Talks
Tech billionaire and Tesla CEO Elon Musk was in China for talks on Sunday, making his second trip in less than a year to the world's biggest market for electric vehicles.
Elon Musk Heads To China For A Visit To Tesla's Second-Largest Market
Musk aims to meet senior Chinese officials in Beijing to discuss the deployment of Full-Self Driving (FSD) software in China.
China's EV Execs Bullish On Western Pressure At Beijing Car Show
Electric vehicle executives at a top car show in China were bullish on prospects for growth, despite a gruelling price war and mounting Western pressure on the industry.
Rescue Pup To Meme Star: The Real-life 'Dogecoin' Dog
Her fluffy face now frail, Kabosu still flashes the enigmatic smile that made her the go-to meme dog for millennials and inspired a $23 billion cryptocurrency beloved by Elon Musk.
DR Congo Accuses Apple Of Using 'Blood Minerals' From War-torn East
The government of the Democratic Republic of Congo is accusing Apple of using "illegally exploited" minerals extracted from the country's embattled east in its products, lawyers representing the African country said Thursday.
Five Things We Learned At The China Auto Show
One of China's largest auto shows kicked off in Beijing on Thursday, with electric vehicle makers keen to show off their latest designs and high-tech accessories to consumers in the fiercely competitive market.
Tesla 'Hodls,' Retains Over $700M In Bitcoin During First Quarter
The crypto community on X was busy theorizing what Elon Musk would do with his BTC stash after it was revealed that Tesla didn't sell any of its Bitcoin during the first quarter of the year.
Strong Fleet Sales Offset Electric Losses At Ford
Strong sales in Ford's fleet business offset deep losses in electric vehicles where the Detroit auto giant has delayed some investments, according to results released Wednesday.
Car Giants Vie For EV Crown At Beijing's Auto China Show
Chinese car giants locked in a cut-throat price war descend on the capital for the start of the Auto China show Thursday, vying to draw consumers and headlines in the world's biggest electric vehicle market and abroad.
Asian Stocks Rise On Earnings Optimism As US Data Approaches
Asian equities extended the week's gains Wednesday following a strong rally on Wall Street and another record in London, as traders cheered more upbeat earnings reports and data indicating a slowdown in US economic activity.
Tesla Profits Tumble But Shares Rise On New Vehicle Plan
Tesla reported a big drop in quarterly profits Tuesday, pointing to elevated pressure on the electric vehicle market that has led to deep cost-cutting.
Tesla Earnings A 'Moment Of Truth' For Musk After Stumbles
Tesla CEO Elon Musk faces heightened pressure with Tuesday's earnings report to reassure investors that recent stumbles are simply unexpected speed bumps -- and not indications of a road to decline.
Bitcoin, ASML, TSMC, And Netflix Take Wall Street For A Wild Ride
Bitcoin "halving," and earnings from ASML Holding, Taiwan Semiconductor Manufacturing Co, and Netflix took Wall Street for a wild ride last week, with the CBOE Volatility Index spiking close to 25%.
Amid Job Cuts, Declining Sales And Postponed Trips, Tesla Slashes Prices Globally
Tesla has initiated price cuts across its vehicle lineup globally in response to declining sales, following its recent announcement of a decrease in global vehicle deliveries for the first time in nearly four years during the first quarter.
Markets Bounce As MidEast Fears Ease, US Inflation In View
Asian markets rose Monday, clawing back some of last week's losses, as Middle East worries subsided while traders look ahead to the release of key US inflation data and corporate earnings.
Brazil's Bolsonaro To Hold Rio Rally Against 'Threat' To Free Expression
Brazil's former president Jair Bolsonaro is set to rally supporters in Rio de Janeiro on Sunday in defense of freedom of expression, which he says is under threat in the country, as tech tycoon Elon Musk faces a legal showdown there over claims of censorship and disinformation.
China Auto Sector Steps Up Europe Push With Spain Plant
Chinese carmaker Chery signed a deal Friday to produce mainly electric vehicles in Spain, as Beijing's auto sector pushes ahead with plans to expand into Europe despite growing competition concerns.
Tesla To Recall Cybertruck Over Acceleration Defect
Tesla is recalling 3,878 Cybertruck vehicles because of a defect that can cause unintentional vehicle acceleration, increasing crash risk, according to a US notice posted this week.
Family Affair: Two More Arnault Sons Join LVMH Board
Two sons of the world's richest man Bernard Arnault on Thursday joined the board of LVMH after a shareholder vote, further cementing the family's control on the French luxury goods giant.
Tesla, Starlink Entry On Agenda When Musk Heads To India
Tech billionaire Elon Musk is set to visit India as his businesses seek new markets in the world's most populous nation, with electric carmaker Tesla -- suffering a sales downturn in the United States -- reportedly scouting factory locations.
Tesla Asks Shareholders To Reapprove Huge Musk Pay Deal
Tesla will ask its shareholders in June to ratify a multi-billion-dollar 2018 pay package for CEO Elon Musk that was squashed by a US court earlier this year.
Tennessee VW Workers Hold Key Unionization Vote
Volkswagen employees in Tennessee will begin casting ballots Wednesday in a vote that could make theirs the first foreign carmaker to unionize in the American South, expanding gains made by organized labor in the auto heartland of Detroit.
Tesla To Cut 14,000 Jobs Worldwide Amid Declining Sales And Increased Competition
Electric vehicle manufacturer Tesla is implementing significant workforce reductions, amounting to over 10% of its global staff, or at least 14,000 roles, amid declining sales and intensified competition in the electric vehicle market.
Alexandre De Moraes: Brazil Judge In Feud With Elon Musk
With his stern gaze and shiny-bald head, Supreme Court judge Alexandre de Moraes has emerged as one of the most powerful and polarizing people in Brazil by probing far-right ex-president Jair Bolsonaro's alleged attacks on democracy.