Tesla’s outlets to open in July with China-made EVs Tesla is set to open its showrooms in July, people familiar with discussions said, kicking off operations as the Elon Musk-led firm hunts for growth, amid falling sales in Europe and China. Tesla’s first set of cars have arrived – Model Y rear-wheel drive SUVs shipped…
Austin is known for live music, Texas’ premier public university and being home to tech companies. It is also becoming a laboratory for autonomous vehicles. Driverless Waymo taxis, owned by Google’s parent company, regularly drop off diners at Austin’s famous barbecue joints. Box-shaped, four-wheeled robots operated by Avride, a start-up working with Uber Eats, deliver…
Indian-origin engineer Ashok Elluswamy, who currently heads Tesla’s Autopilot division, has also been put in charge of the company’s Optimus humanoid robot project following the departure of Milan Kovac, the head of engineering for the programme, according to a report in Bloomberg. Elluswamy, who was born and educated in Chennai, was the first engineer to…
Milan Kovac, the head of Tesla’s ambitious Optimus humanoid robot program, announced on Friday that he is stepping down from his role, saying he plans to return home to spend more time with family. Kovac made the announcement in a heartfelt post on X, making clear that the decision was personal and not linked to…
Tesla’s country head for India has stepped down after nearly nine years with the electric vehicle giant, just as the company moves closer to launching operations in one of the world’s fastest-growing auto markets, according to a report by Bloomberg News.The report, citing sources familiar with the matter, stated that Tesla’s China team will now…
Elon Musk is facing one of his toughest tests yet: restoring confidence in Tesla’s brand. The electric carmaker has seen its profits plunge by 71 percent in the first quarter of 2025, driven largely by a backlash against Musk’s political affiliations and controversial role in President Donald Trump’s administration.Sales of Tesla vehicles across Europe have…
Tesla is expected to report on Tuesday that its profits fell in the first three months of the year, which could increase the pressure on Elon Musk, the automaker’s chief executive, to curtail his work for President Trump and spend more time managing the company. Wall Street analysts expect Tesla to say its net profit…
Tesla’s (TSLA.O), opens new tab first-quarter sales slumped 13%, its weakest performance in nearly three years, as backlash to CEO Elon Musk’s embrace of far-right politics grows and as consumers seek out newer models from rival electric-vehicle makers. The EV maker’s stumbling sales indicate that the one-time leading brand is reeling from the fallout of…
Top 10 richest persons in the world: Elon Musk, at age 53, has regained his position as the world’s wealthiest individual for the fourth time in five years! Elon Musk’s net worth has crossed the $400 billion wealth threshold. His net worth experienced a remarkable increase of $189 billion or 82%, largely due to the…
After climbing into a Tesla Model S last week, President Trump pledged to buy one. The next day, the Fox News host Sean Hannity said he had bought a Model S Plaid to support the embattled company, saying a Tesla “has more American parts in it than any other car made in our country.” In…