Elon Musk might be the richest person in the world now, but he's admitted that his company Tesla came dangerously close to bankruptcy thanks to the launch of just one product.
More and more major subreddits have recently banned links to the Twitter (X) platform purchased by Elon Musk – some even banned screenshots. The reason for this is a gesture by Musk – he showed an alleged Hitler salute at US President Trump's swearing-in ceremony.
After keeping silent about the issue for days, Elon Musk has finally acknowledged the launch of the refreshed Model Y. However, Musk's endorsement is definitely lacking in enthusiasm.
Tesla (TSLA) stock gained 4.1% in yesterday’s after-hours trading session fueled by CEO Elon Musk’s comments that the vehicle business would
President Donald Trump has told federal workers to either return to the office or quit. It looks like Elon Musk’s strategy when he bought Twitter. The U.S. Office of Personnel Management made all federal employees a deferred resignation offer Tuesday as it ramps up its return-to-office push.
Tesla makes its ride-hailing debut with a service starting in June in Austin, where cars will circulate without a driver or supervision.
Tesla's fourth-quarter earnings missed Wall Street's estimates, but the stock rose on 2025 guidance and plans for robotaxi rides to begin in June.
As the numbers show, Joby's market cap is more than 1.5 higher compared to Archer's. And yet, Wall Street is expecting Archer to generate more than double Joby's revenue next year. In other words, Joby is valued at a considerable premium to Archer despite its more protracted growth profile.
Tesla reported mixed earnings, reflecting pressures from unmet expectations against advancements in energy and technology sectors.
Tesla is launching its long-awaited robotaxi service in Austin this June, with plans to expand across the US and globally.
The ECB announcement will follow the Federal Reserve's decision to keep US borrowing costs on hold Wednesday as inflation.