Tesla Financial News

EV strategy on the lines of a phased manufacturing plan (PMP), ToI reported on August 14. This is part of a plan to woo global auto biggies such as Tesla in the high-end electric vehicles market. The new plan is likely to be company-agnostic and cater to the needs of the entire industry, besides playing a role in boosting the EV ecosystem in India, the report said.

₹1.5 lakh) for its upper-tier Model Y variants within China. Announced via the company's official Weibo account, Tesla's adjustments bring down the prices of its Model Y Long-Range and Performance versions to 299,900 yuan ( ₹34 lakh) and 349,900 yuan ( ₹40 lakh) respectively, Bloomberg reported. The Model Y is a pivotal component of Tesla's vehicle portfolio, sharing the spotlight alongside the popular Model 3 as the cornerstones of CEO Elon Musk's automotive enterprise.

Elon Musk and Mark Zuckerberg on Sunday traded barbs at each other before their upcoming cage fight at an epic location in Italy, with the Tesla CEO challenging the Meta founder to fight in his backyard on Monday. Musk posted a chat with Zuckerberg on X (formerly Twitter), saying he will be in Palo Alto (California) on Monday and offered to fight on Zuckerberg's «Octagon». Zuckerberg apparently messaged Musk: «If you still want to do a real MMA fight, then you should train on your own and let me know when you're ready to compete».

Elon Musk and Mark Zuckerberg appear to be at odds when it comes to their jokingly proposed cage fight. Just a day after Elon Musk, the head of Tesla, hinted that the friendly brawl between him and Mark Zuckerberg might be broadcasted live on both the X platform and Meta's networks, Zuckerberg responded with a statement on Threads. In his statement, Zuckerberg advised online users to take his opponent's words with a grain of salt.

Elon Musk vs Mark Zuckerberg cage fight, the Facebook boss has issued a new statement. “I love this sport and I've been ready to fight since the day Elon challenged me. If he ever agrees on an actual date, you'll hear it from me.

China's top-selling automobile manufacturer, BYD Co (OTC:BYDDF) Ltd ADR (OTC:BYDDY), has ignited a surge of online attention after the automaker signaled for unity, calling for the industry to band together and “demolish the old legends.”

By Bansari Mayur Kamdar and Johann M Cherian

U.S. safety regulators have sent a team to investigate a fatal crash in Virginia involving a Tesla suspected of running on a partially automated driving system

By David Shepardson

General Motors said Tuesday that it planned to equip all of its electric cars and trucks with the ability to act as backup power supplies during blackouts. The decision to install two-way charging technology in Chevrolet, Cadillac and GMC electric cars and trucks, enabling them to power homes in an emergency, shows how carmakers are marketing the vehicles as being not just cleaner than their gasoline counterparts, but also more practical. The technology will begin appearing in vehicles this year, including an electric version of the Silverado pickup and an electric Cadillac Escalade, which GM will unveil Wednesday.

Elon Musk's house is out in public. So where does the Tesla CEO live? Not many people are aware, Musk lives in a 2-bedroom house. Musk, whose net worth is $225,000,000,000 ($225 billion), sold his five grand houses in 2020 and moved to a tiny residence in Boca Chica, Texas.

Who’s Vaibhav Taneja Tesla’s New Indian-Origin CFO? Kirkhorn joined Tesla in 2010 as a senior financial analyst and was promoted five times. Most recently, he became the CFO in early 2019 at the age of 34.

Crypto exchange giant Binance's CEO Changpeng Zhao (CZ) has flagged a warning regarding AI-enabled deepfake videos that pose significant risks to cryptos.

Honda says its April-June profit more than doubled on healthy sales of its motorcycles and cars, as the Japanese company also received a perk from favorable exchange rates

Vaibhav Taneja, American electric vehicle maker Tesla's new chief financial officer, is the latest India-born executive to take up a key leadership role at a marquee global corporation. On Monday, Tesla named Taneja, an alumnus of Delhi University, after Zachery Kirkhorn, who was famously described as 'Master of Coin' by founder Elon Musk, stepped down following a 13-year stint at the company. The 45-year-old's appointment comes at a time when Tesla is reviving its plans to enter India, where Musk in June said the company was looking to invest «as soon as humanly possible». Taneja joined Tesla in 2017 as an assistant corporate controller, and was promoted to its corporate controller and, in March 2019, to chief accounting officer. He will continue to be the company's chief accounting officer, along with holding the new role of the CFO.

The average weight of a new vehicle sold in the United States last year was a whopping 4,329 pounds.

Rivian Automotive on Tuesday raised its full-year production forecast after it beat second-quarter revenue expectations on higher deliveries.

Investing.com — U.S. stock futures point lower ahead of a raft of new corporate earnings that include results from Eli Lilly and UPS. Elsewhere, SoftBank slips to a surprise quarterly loss, although its flagship Vision Fund is boosted by a rebound in tech valuations, while Tesla shares fall after the electric car maker unexpectedly announces the departure of its finance chief.

Investing.com — U.S. futures retreated Tuesday, with corporate results to the fore as the quarterly earnings season draws to a close.

From Sundar Pichai to Laxman Narasimhan of Starbuc... moreFrom Sundar Pichai to Laxman Narasimhan of Starbucks.

Elon Musk's Tesla motors appointed Indian-origin V... moreElon Musk's Tesla motors appointed Indian-origin Vaibhav Taneja as its next Chief Finance Officer after Zachary Kirkhorn stepped down from his position.