Tesla Financial News

The U.S. stock market, Elon Musk’s Tesla, banks and bitcoin are storming higher as investors bet on what Donald Trump’s return to the White House will mean for the economy and world

Shares of Tesla soared Wednesday as investors bet that the electric vehicle maker and its CEO Elon Musk will benefit from Donald Trump’s return to the White House

victory speech at the Republic gathering in Florida's Palm Beach, President-elect of the United States Donald Trump allocated considerable amount of time speaking on the Tesla CEO and world's richest person Elon Musk. «We have a new star...a star is born — Elon!» called on the now two-time presidential race runner during Wednesday's speech.

Tesla CEO Elon Musk may stand to gain significantly if former President Donald Trump is re-elected, according to NBC News. Musk, who has openly supported Trump’s presidential bid, could potentially play an influential role in a second Trump administration. Trump’s senior campaign adviser, Brian Hughes, mentioned that Trump envisions Musk leading a “commission” aimed at making the government more efficient and ensuring better use of taxpayer dollars.

Donald Trump, US Election Results 2024 LIVE: Donald Trump, a Republican candidate, is again running for the US President's post in the 2024 elections. He is facing a tough contest from US Vice President and Democrat candidate Kamala Harris, especially in swing states.

Subscribe to enjoy similar stories. When Tesla’s manufacturing executives gathered in Shanghai this January, some were surprised to see Elon Musk’s long-time aide Omead Afshar in attendance. The forum, hosted by Tesla’s most senior automotive executive, Tom Zhu, was designed to get the company’s global leadership team on the same page about best practices and the rising threat from electric-vehicle makers in China.

Next week’s presidential election isn’t just a referendum on Donald Trump and Kamala Harris

Subscribe to enjoy similar stories. Elon Musk is betting that robot cars will propel Tesla into a lucrative new era. But he’s going about it all wrong.

electric vehicle giant BYD reported surging sales on Wednesday, surpassing global rival Tesla in quarterly revenue for the first time as its push into overseas markets advances. The Shenzhen-based firm posted operating revenue of 201.1 billion yuan ($28.2 billion) during the third quarter, a filing at the Hong Kong Stock Exchange showed, up 24 percent from the same period last year. The company's quarterly revenue figure for the first time exceeded that of American EV powerhouse Tesla, which last week posted $25.2 billion in third-quarter revenue.

A federal appeals court says the National Labor Relations Board was wrong to order that Tesla CEO Elon Musk delete a 2018 social media post that union leaders saw as a threat to employee stock options

Elon Musk is publicly endorsing and supporting Republican Presidential candidate Donald Trump for the upcoming United States elections, scheduled for November. However, his past is probably beginning to haunt him as certain revelations about the Tesla founder being an illegal immigrant is doing the rounds in the media. According to a Daily Beast report, Elon Musk had worked illegally on a student visa and had even faced concerns that he could be deported from the United States, much before he could make a name for himself and become one of the world's top philanthropists.

Robert Downey Jr. has said that billionaire Elon Musk needs to behave well. "Iron Man" actor's remarks comes at a time when Tesla owner has openly backed Republican presidential nominee Donald Trump in the US election 2024, according to a report on Variety. Robert Downey Jr. in an interview with «On with Kara Swisher» podcast said that he wished that Musk would control his behaviour, as per the report on Variety. Elon Musk and Robert Downey Jr. shared sliver screen in «Iron Man 2» in 2010.

President Joe Biden has slammed Elon Musk for hypocrisy on immigration after a published report that the Tesla CEO once worked illegally in the United States

Subscribe to enjoy similar stories. Optimus, the humanoid robot that Elon Musk claims will do household chores and cure poverty, was a hit at Tesla’s recent product launch. While many Musk fans came for the main event—the reveal of the company’s much-hyped robotaxi—some in the crowd appeared more impressed with faceless black-and-white robots that danced, served drinks and interacted with human attendees.

Subscribe to enjoy similar stories. Tesla has had a special relationship with China allowing it to do things in the country that have been the envy of other U.S. automakers.

SpaceX and a key ally of Republican presidential nominee Donald Trump, has been in regular contact with Russian President Vladimir Putin for the last two years, The Wall Street Journal reported. A person familiar with the situation, who spoke on condition of anonymity to discuss the sensitive matter, confirmed to The Associated Press that Musk and Putin have had contact through calls. The person didn't provide additional details about the frequency of the calls, when they occurred or their content. Musk, the world's richest man who also owns Tesla and the social platform X, has emerged as a leading voice on the American right. He's poured millions of dollars into Trump's presidential bid and turned the platform once known as Twitter into a site popular with Trump supporters, as well as conspiracy theorists, extremists and Russian propagandists, as per AP report.

Subscribe to enjoy similar stories. Elon Musk thinks of Tesla as an AI company. He’d be seriously bummed if it were valued like one.

Texas Gov. Greg Abbott details the states stock exchange venture to rival Wall Street, the impact of the immigration crisis on jobs and his vow to eliminate Venezuelan gang Tren de Aragua in the state.

Wall Street drifted to a mixed finish after Tesla surged and IBM slumped following their latest profit reports

Wall Street is drifting as a sharp drop for IBM helps cancel out a surge for Tesla

Also read | Nvidia’s partnership with Reliance, Tatas to boost India’s AI infrastructureHuang said that computer hardware technology today has reached its limit in terms of how many transistors can be crammed into a chip, and by extension how powerful processors can be.“We can no longer afford to do nothing in software and expect to improve computing experience," he said. “We started our company to improve software."Nvidia makes high-end graphics processing units (GPU) that coupled with the firm’s CUDA software handle multiple simpler tasks simultaneously rather than handling complex calculations that conventional processors do.