Tesla Financial News

Elon Musk, the world's richest man, appears to be preoccupied with a range of high-profile ventures, including social media, space travel and artificial intelligence (AI). This conclusion is drawn from the insights provided by respondents in the recent Markets Live Pulse survey.

Uber Technologies Inc., is a “profitable business for us now," Aggarwal said in last week’s interview in Delhi. He didn’t comment on any renewed attempts to list, nor did he mention a date for a possible Ola Electric IPO.

By Wayne Cole

Investing.com — U.S. stock futures were trading in a tight range during Sunday's evening deals, with major benchmark indices surging in the previous week as market participants look ahead to corporate earnings from major tech companies.

Investing.com — Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: an earnings miss and angry workers at Tesla; a vow from Nio; and a delisting at Lordstown.

Tesla says its first production Cybertruck electric pickup has rolled off the assembly line, nearly two years behind the original schedule. The company tweeted a photo on Saturday showing scores of workers in helmets and yellow vests surrounding the truck. «First Cybertruck built at Giga Texas!» Tesla tweeted, including a cowboy hat-wearing emoji.

Investing.com — Second-quarter earnings season kicks into gear, the U.S. and China release economic data and inflation figures out of the U.K. will likely determine the size of the Bank of England’s next rate hike. Meanwhile, oil prices look poised for another weekly gain.

Tesla built its first Cybertruck at the electric-vehicle marker's plant in Austin, Texas, the company said in a tweet on Saturday, after two years of delays. Tesla founder Elon Musk introduced the pickup truck in a 2019 reveal where the vehicle's designer cracked the vehicle's supposedly unbreakable «armor glass» windows.

Elon Musk founded Tesla has built its first Cybertruck at the electric-vehicle marker's plant in Texas' Austin, Reuters reported the firm as saying on 15 July. Musk introduced the pickup truck in 2019, where the vehicle's designer cracked the vehicle's supposedly unbreakable 'armor glass' windows.

Netflix Original fantasy-action anime series, Record of Ragnarok, has left fans eagerly awaiting news about its potential third season. With humanity and the gods currently tied at three wins each after six intense rounds, the stage is set for seven more thrilling battles. While Netflix has yet to make an official announcement, it is highly anticipated that Record of Ragnarok will return for a third season in the near future.

Chinese Auto major BYD Co wants to invest a billio... moreChinese Auto major BYD Co wants to invest a billion dollars to set up EV manufacturing and battery factories in India.

(Reuters) — Tesla (NASDAQ:TSLA) built its first Cybertruck at the electric-vehicle marker's plant in Austin, Texas, the company said in a tweet on Saturday, after two years of delays.

The man has devoted much of his life to building giant rockets. So, perhaps, it should be no surprise that it has come to this: Elon Musk resorting to phallic barbs in his online feud with fellow billionaire Mark Zuckerberg. “I propose a literal dick measuring contest," Musk tweeted last Sunday night, topping even himself for a new level of blatant crassness.

India is not keen on allowing Chinese electric vehicle maker BYD to set up shop in the country owing to security concerns, according to a report in the Times of India. «There is discomfort in the home and external affairs ministries over the entry of Chinese players in the wake of the government’s stand to keep players from across the border out of the Indian market, given the security concerns around several of them. There are growing concerns in the government that many joint ventures „arranged“ by the Chinese companies — some of which get state support — are „heavily weighed and controlled by the foreign partner“, while the Indian company is more or less a dummy entity, with not much control on technology, decision-making, and other critical know-how,» the Times of India claimed. «In the BYD case, the government has had similar concerns, which have come to the fore now as the Chinese electric company wants to go aggressive on India.» BYD and privately held Hyderabad-based Megha Engineering and Infrastructures have submitted a proposal to Indian regulators to form an EV joint venture, Reuters reported earlier.

Elon Musk on Friday said the purpose of his new artificial intelligence company, xAI, will be to «understand the universe.» In an often meandering 90-minute long Twitter Spaces audio chat, the billionaire discussed his vision for xAI for the first time while veering into topics such as the Earth's evolution and the fragility of civilization. In seeking to deepen the understanding of the universe, Musk joked that xAI's mission statement would be «what the hell is really going on?» Musk announced the formation of xAI on Wednesday after accusing companies like OpenAI and Google of developing the technology without considering risks to humans. OpenAI and Google did not respond to request for comment.

xAI, will be to "understand the universe." In an often meandering 90-minute long Twitter Spaces audio chat, the billionaire discussed his vision for xAI for the first time while veering into topics such as the Earth's evolution and the fragility of civilization. In seeking to deepen the understanding of the universe, Musk joked that xAI's mission statement would be "what the hell is really going on?" Musk announced the formation of xAI on Wednesday after accusing companies like OpenAI and Google of developing the technology without considering risks to humans. OpenAI and Google did not respond to request for comment.

BYD Co, in conjunction with the privately held Hyderabad-based Megha Engineering and Infrastructures, has reportedly submitted a proposal to Indian regulators for the formation of an electric vehicle (EV) joint venture., as per Reuters. Reportedly, the strategic vision involves the establishment of a comprehensive range of BYD-branded electric vehicles (EVs) in India, spanning from hatchbacks to luxury models.

Elon Musk, Tesla is also exploring the possibility of utilizing India as a manufacturing hub to export cars to nations in the Indo-Pacific region, according to the same report. According to the report, the vehicles from Tesla will have a starting price of 2 million rupees ($24,400.66). This price point is more than double the cost of India's most affordable electric vehicle, the MG Comet, and half a million rupees higher than the Tata Nexon EV, which currently holds the position of the highest-selling electric car in the country.

CHENNAI : The quality of our higher education, and resultant employability of young people, has been a topic of tempestuous discussions for several decades. About 20 years back, IT industry body NASSCOM said that only 25% of engineering graduates were readily employable in the technology industry. While there were debates on the methodology adopted to arrive at this number, the findings set the tone for serious introspection among different stakeholders—the government, academia, industry, parents, students and trade bodies.

Musk said Indian Prime Minister Narendra Modi was pushing the car maker to make a "significant investment" in the country. He had added that such an announcement was expected soon. (With inputs from agencies)

Elon Musk is finally starting to talk about the artificial intelligence company he founded to compete with ChatGPT-maker OpenAI