Tesla Financial News

Subscribe to enjoy similar stories. Elon Musk says Tesla will produce millions of robots and self-driving cars in the future that will propel the company’s market capitalization to stratospheric levels. How he will fund that future is coming under sharper scrutiny.

Tesla’s third-quarter net income rose 17.3% compared with a year ago as its quarterly electric vehicle sales rose for the first time this year

Optimus, the humanoid robot that Elon Musk claims will do household chores and cure poverty, was a hit at Tesla Inc.’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 the faceless, black-and-white robots that danced, served drinks and interacted with human attendees. The movements of these bipedal robots were incredibly dexterous. It seemed almost too good to be true. And as the world later found out, it was: Tesla’s people were helping control the robot remotely behind the scenes. Musk’s robot is likely many years away from becoming a marketable household product. But multiple companies are testing human-form robots in warehouses and on factory floors, structured settings where the technology has a much better chance of succeeding in the near term. Humanoid robots being developed by Agility Robotics, Neura Robotics, Boston Dynamics, Apptronik, Reflex Robotics and others are more capable with each new version.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Lithium Americas president and CEO Jonathan Evans discusses the increased investment in the company’s Thacker Pass mine in Nevada on ‘The Bottom Line.’

A film production company that helped make “Blade Runner 2049” has sued Tesla and its CEO Elon Musk for using an AI-generated image resembling a scene from the science fiction movie to market Tesla’s new robotaxis

Donald Trump surrogate Elon Musk's offer of a million dollars to one registered voter in a swing state every day until the US Election Day on November 5 has raised questions about the legality of such a move. While Democratic candidate Kamala Harris's campaign has not commented on the contest, Josh Shapiro, the Democratic Governor of Pennsylvania, said on NBC's Meet the Press: «I think it's something that law enforcement should take a look at.» Musk, the world's richest man, announced the contest Saturday in Pennsylvania, one of the seven "swing states" that will likely determine who will become the next US president — Harris, or Republican Trump.

Elon Musk has definitively ruled out the possibility of running for president of the United States, citing legal and personal reasons. During a recent event, Musk explained that despite his grandfather being American, his own birth in Africa disqualifies him from running for the presidency. “My grandfather was American, but I was born in Africa, so I cannot be president,” Musk said. More importantly, Musk emphasized that he has no desire to pursue a political career. «But I actually don’t want to be president. I want to build rockets and cars,» Musk continued. He stressed that his focus would remain on advancing technology, specifically in space exploration and electric vehicles. “I believe we want to be a spacefaring civilization, and that’s where my focus will remain,” he added.

Elon Musk is pledging to give away $1 million a day to voters for signing his political action committee’s petition backing the Constitution

Billionaire Elon Musk is once again using his extraordinary wealth to influence the presidential race between Republican nominee Donald Trump and rival Kamala Harris.

federal investigation into whether Tesla's partial-automation system marketed as Full Self-Driving is defective after a series of crashes, one of which resulted in a fatality. The National Highway Traffic Safety Administration said Friday it will assess whether Tesla's system, also known as FSD, has the ability to detect and appropriately respond to fog and other reduced visibility conditions. The agency said four crashes have been reported in such scenarios where FSD was engaged.

The U.S. government’s road safety agency is investigating Tesla’s “Full Self-Driving” system after getting reports of crashes in low-visibility conditions, including one that killed a pedestrian

Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...

Subscribe to enjoy similar stories. Elon Musk’s space company sued regulators in California after officials rejected a request to allow more SpaceX rocket launches, claiming the decision was politically motivated. The suit, filed Tuesday in California’s central district, marks the billionaire’s latest volley in a long-running feud with the Golden State.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

Snubbed by Tesla, Mexico's new president has pledged to create a Mexican-made small, affordable electric car

Asian shares have started the week on a high note, with stocks in China rising more than 2% after the finance minister said over the weekend that more stimulus is needed for the slowing economy

Police in France say four people have died in a car crash after their Tesla vehicle reportedly hit a road sign and caught fire

To mark World Mental Health day (10 October), CCLA published results from its Corporate Mental Health Benchmark Global 100+, based on the workplace mental health measures taken by 119 global companies.  Six of the 'Magnificent Seven' tech giants – Alphabet, Apple, Meta, Microsoft, Nvidia and Tesla – sit in the lowest ranking tier five, scoring between 0% and 20% in the assessments, while Amazon ranked in tier four. World Mental Health Day: Time for a corporate mental health check? Overall, 35% of companies are performing poorly and failing to support the 15% of working-age adults w...

The electric truck battle is getting hot

At a time of growing concern about the safety of self-driving vehicles, a leading expert is calling on the federal government to develop a national driver’s test that such vehicles would have to pass before they could travel on public roads