Tesla Financial News

BEIJING — China's electric car market is headed for a sharp slowdown in 2025, according to analyst predictions, increasing pressure on companies trying to survive.

Justine Musk, who is the ex-wife of tech mogul and Tesla CEO Elon Musk eventually, shared some insights into the personal philosophy that influenced her former husband's success during a TEDx talk, reported Benzinga.

Tesla hired foreign workers through the H-1B visa program to replace the recent and huge lay off of US employees. According to Snopes, in the month of April of the year 2024, Tesla laid off over 6,000 workers while simultaneously filing approximately 1,300 H-1B visa applications.

Automakers are joining forces to boost their scale and competitiveness to contend with industry newcomers like iPhone maker Foxconn

An exchange-traded fund provider is helping investors make more bets on Wall Street's most profitable momentum trades.

Elon Musk is «going mad» and that the billionaire is «deeply unwell.» Seth Abramson, Elon Musk's biographer, thinks the billionaire is «going mad» while running SpaceX, X, and Tesla and serving on Donald Trump's transition team. A biographer of Elon Musk has warned that the billionaire may «endanger us all» as worries about his health continue to mount.

X (formerly known as Twitter) which will be including the removal of date and time stamps from posts in the main timeline, reported Fortune. According to Fortune, this proposal has actually raised concerns among the staff regarding its potential to exacerbate misinformation as most of the users might lack the crucial context about the timing of posts. Tesla CEO Elon Musk believes that eliminating these timestamps could actually enhance the user interface, although at the same time, many employees worry that it could lead to confusion for casual users who typically scroll without clicking through to individual posts. In addition to this change, X plans to implement an $8 sign-up fee for the new users which could begin as early as the month of February, asserted Fortune. This fee aims to combat bots on the platform but has been eventually criticized as an unusual move for a social media service which traditionally relies on ad revenue from free users.

Tesla said on Friday it was recalling about 239,000 vehicles over an issue that could cause the rear-view camera to not display an image, but it could be resolved by an over-the-air software update. The development comes days after the National Highway Traffic Safety Administration opened a probe into 2.6 million Tesla vehicles in the U.S. over reports of crashes involving a feature that allows users to move their cars remotely. In a small number of affected vehicles, a reverse current may occur during power-up, potentially causing a short circuit on the car's computer board, which could result in the rear-view camera becoming inoperative, the automaker said.

Tesla launched a new version of the Model Y, its best-selling car, in China on Friday, hoping that a redesigned exterior and upgraded features inside will help it regain market share taken by rivals such as Xiaomi.

Tesla CEO Elon Musk has eventually sparked a pretty huge controversy by criticizing the California fire officials while claiming that they prioritize diversity, equity and inclusion (DEI) measures over actually and effectively combating the wildfires, reported Independent. The remarks of Tesla CEO Elon Musk actually comes amidst the catastrophic wildfires which took place in Los Angeles County consuming over 27,000 acres while leading to at least five fatalities and widespread evacuations of more than 100,000 residents.

Electric vehicle demand is expected to keep rising this year, but uncertainty over policy changes and tariffs is clouding the forecast

Steve Bannon continues to stoke the internal MAGA conflict in the early parts of the year 2025 while focusing on two primary targets which are H1-B visas and House Speaker Mike Johnson, reported Daily Beast. On his podcast, Steve Bannon pretty recently launched scathing attacks against Tesla CEO Elon Musk and Vivek Ramaswamy who support H1-B visas for the foreign tech workers.

US President- elect Donald Trump might actually conduct his presidential duties from Mar-a-Lago which is his Palm Beach estate rather than spending significant time in Washington DC, reported People.

exploded a Tesla Cybertruck outside the Trump hotel in Las Vegas used generative AI including ChatGPT to help plan the attack, Las Vegas police said Tuesday.A laptop, cellphone and watch are still under review nearly a week after 37-year-old Matthew Livelsberger fatally shot himself just before the truck blew up.A review of Livelsberger’s searches through ChatGPT indicate he was looking for information on explosive targets, the speed at which certain rounds of ammunition would travel and whether fireworks were legal in Arizona.Livelsberger, an Army Green Beret who deployed twice to Afghanistan and lived in Colorado Springs, Colorado, left notes saying the explosion was a stunt meant to be a “ wake up call ” for the nation’s troubles, officials said last week.He left cellphone notes saying he needed to “cleanse” his mind “of the brothers I’ve lost and relieve myself of the burden of the lives I took.”The explosion caused minor injuries to seven people but virtually no damage to the Trump International Hotel. Authorities said that Livelsberger acted alone.Livelsberger’s letters touched on political grievances, societal problems and domestic and international issues, including the war in Ukraine.

Fresh from pouring his money and energies into helping Donald Trump win reelection, Elon Musk has trained his sights on Europe

US stock market indexes — S&P 500, Nasdaq, and Dow Jones — on Tuesday fell as Wall Street darling Nvidia, Tesla stocks tanked. This has come after a batch of upbeat economic data raised concerns that an inflation rebound could slow down the Federal Reserve's pace of monetary policy easing.

Invo Moon’ which is a UFO shaped electric flying vehicle and is designed by former Tesla engineer Leo Kayali eventually aims to revolutionize urban transport with speeds of up to 250 mph, reported Daily Star.

Steve Bannon expressed his strong disapproval of US President Joe Biden awarding the Presidential Medal of Freedom to George Soros while calling for an ‘exorcism’ of the White House in response, reported Daily Beast.

Tesla CEO Elon Musk pretty quickly responded to the explosion of a Tesla Cybertruck outside the Trump International Hotel located in Las Vegas which resulted in the death of the driver and severe injuries to seven bystanders, reported Fortune.

Steve Bannon severely criticized Tesla CEO Elon Musk's recent decision to modify the algorithm of his social media platform X (formerly known as Twitter) to eventually censor ‘negativity’ amidst the heated ongoing debate over H-1B visas, reported Infowars.