Page 3 - Elon Musk Tesla

Tesla retires ultrasonic sensors in new cars with new camera tech

Elon Musk-run Tesla has announced to retire ultrasonic sensors in its cars that sense objects around them

Cathie Wood scoops up Tesla as stock tumbles on deliveries miss in Q3

Funds backed by Wood's Ark Investment Management LLC bought 132,213 shares in Elon Musk's company on Monday, marking the firm's first purchase of Tesla since mid-June

Elon Musk to face deposition with Twitter ahead of October trial

Tesla CEO Elon Musk is scheduled to spend the next few days with lawyers for Twitter, answering questions ahead of an October trial that will determine whether he must carry through with his USD 44 billion agreement to acquire the social platform after attempting to back out of the deal. The deposition, planned for Monday, Tuesday and a possible extension on Wednesday, will not be public. As of Sunday evening it was not clear whether Musk will appear in person or by video. The trial is set to begin October 17 in Delaware Chancery Court, where it's scheduled to last just five days. Musk, the world's richest man, agreed in April to buy Twitter and take it private, offering USD 54.20 a share and vowing to loosen the company's policing of content and to root out fake accounts. Twitter shares closed Friday at USD 41.58. Musk indicated in July that he wanted to back away from the deal, prompting Twitter to file a lawsuit to force him to carry through with the acquisition.

Tesla not recalling 1.1 mn cars, only issuing a tiny software update: Musk

Tesla CEO Elon Musk on Friday said Tesla is not physically recalling 1.1 million vehicles, saying the company is only issuing a "tiny software" update to fix the pinching window problem

Tesla produces 10,000 Model Y cars at new Gigafactory in Texas

Electric car-maker Tesla announced that its Gigafactory in Texas has built 10,000 Model Y cars to date

Focused on getting self-driving Teslas in wide release by year-end: Musk

Speaking at an energy conference in Norway, Tesla CEO said his attention was currently focused on his SpaceX Starship spacecraft and self-driving Tesla electric cars

Elon Musk's mother reveals she sleeps in garage during visits to son

Tesla CEO Elon Musk's mother Maye Musk recently revealed that she sleeps in a garage while she pays a visit to her billionaire son in Texas, United States

Tesla's FSD software price to go up again; can update existing car to FSD

After the wide release of FSD Beta 10.69.2, the price of FSD will rise to $15k in North America on September 5th. Current price will be honored for orders made before September 5th but delivered later

Twitter going after friends, colleagues over every chat about buyout: Musk

The billionaire on Wednesday complained about it to the judge overseeing their legal dispute

Musk sells Tesla shares worth $6.9 bn, cites chance of forced Twitter deal

Shares of the microblogging site rose 3.5% to $44.35 in premarket trading, but were still trading significantly below Musk's offer price of $54.20 per share

Musk's father not proud of him, says Elon unhappy with his career progess

Errol Musk, father of tech billionaire Elon Musk, said that he is not proud of his son, saying that Elon is unhappy with his own career progress

Twitter gets a win over Elon Musk with trial fast-tracked for October

The ruling marks the first victory for Twitter in a case in which many legal experts say Musk will be the underdog

Twitter sales miss estimates amid Musk's takeover battle; revenue drops 1%

Twitter's analysis show a disappointing sales outcome owing to a raging takeover battle with Elon Musk, with both sides preparing for trial

Tesla rally a $1-billion headache for its army of shorts: Report

Shares of the company wrapped up a seven-day winning streak to close at $815.12, the highest level since May 6

Tesla could start Cybertruck deliveries in mid-2023, says Elon Musk

After getting delayed several times, CEO Elon Musk has now said that its electric vehicle company Tesla could start deliveries of its upcoming Cybertruck in mid-2023.

Tesla sells 75% of its Bitcoin holdings after Musk said he doesn't dump

The carmaker had converted roughly 75% of its Bitcoin to fiat currency as of the end of June, adding $936 million of cash to its balance sheet, according to its shareholder letter

Apple becomes latest major tech company to rein in hiring, spending plans

The iPhone maker is looking to limit expenditures and job growth at some of its divisions, Bloomberg reported Monday, though Apple hasn't adopted a companywide policy

Twitter dismisses Elon Musk's bots complaints 'irrelevant sideshow'

Musk was fully aware of the bot issue when he signed the deal to buy the company, Twitter's lawyers said in a filing Monday

Musk seeks Twitter trial in 2023, Agrawal wants 4 days to prove him wrong

Tesla CEO Elon Musk's legal team has reportedly asked the court to push back the Twitter trial by early 2023, saying that the case requires "forensic review and analysis" of a deep pool of data

Musk demands months for trial prep in Twitter suit after withdrawal: Report

Tesla CEO Elon Musk fired back Friday at Twitter's lawsuit seeking to force him to complete his $44 billion acquisition of the platform, according to multiple news reports