Tag Archives: Tesla

Quick Take Summary is AI generated, newsroom reviewed. Elon Musk plans to reduce his role in the Department of Government Efficiency (DOGE) and likens himself to Buddha. He aims to advise President Trump part-time post his term expiry in May. Despite stepping back, he believes DOGE can thrive independently. Elon …

Quick Take Summary is AI generated, newsroom reviewed. Tesla’s board is considering a leadership transition, prompted by CEO Elon Musk’s political involvement and a 71 per cent drop in earnings, per a report. Investor unease has risen due to stock decline and Musk’s focus away from core operations. Tesla’s board …

Washington: Elon Musk will significantly scale back his Trump administration work in May to focus on Tesla, the billionaire announced Tuesday as the electric vehicle maker reported a 71 percent drop in first-quarter profits. “Probably in the next month, my time allocation to DOGE will drop significantly,” Musk said at …

David Lau, Tesla Inc.’s vice president of software engineering, has told people at the company that he is stepping down, according to people familiar with the matter. Lau, one of the few executives to promote the automaker’s products alongside Elon Musk, has been at Tesla for almost 13 years and …

President Donald Trump has suggested that individuals convicted of vandalising Tesla vehicles and facilities could face up to 20 years in prison and potentially be sent to a notorious prison in El Salvador. This comes after the Justice Department charged three people with using Molotov cocktails to attack Tesla properties, …

Former NASA scientist and American YouTuber Mark Rober put Tesla’s autopilot to a “crash test”, and the results weren’t impressive, to say the least. In the video, Mr Rober said he would check if the car collides with the Wile E Coyote-style wall painting. The YouTuber was referring to the …

Washington, DC: Stocks of Elon Musk’s Tesla plummeted by more than 15 per cent on Monday, its largest single-day decline in several years amid a broad-based market sell-off sparked by potential recession concerns and uncertainty over President Donald Trump’s tariff plans. Shares registered their worst day since September 2020, closing …