Latest posts
Elon Musk says he got ‘carried away’ with Trump – but still holds on to contentious political views
In interview, billionaire says instead of running ‘Doge’ he should’ve ‘worked on my companies’ and shares extreme predictions Elon Musk has admitted he became too consumed by politics during his volatile alliance with Donald Trump and his brief appointment as the president’s financial axman, running the so-called “department of government efficiency” (Doge). The world’s richest…
Tesla’s profits slide despite growing revenue as it pivots to robotics and AI
Shares in Elon Musk company fall more 3% in after-hours trading, as earnings per share miss Wall Street expectations Tesla reported its second-quarter earnings on Wednesday, disclosing far lower profits than expected. The company’s already beleaguered stock, which had fallen about 14% this year to date, dipped further following the earnings report. Elon Musk’s automaker,…
Tesla sales surpass expectations for second quarter as Musk backlash seems to cool
Strong figures suggest Tesla’s auto business is regaining momentum after two straight annual sales declines Tesla blew past Wall Street estimates for second-quarter deliveries on Thursday, posting a record for the period as recovering demand in Europe outweighed persistent weakness in North America. The strong figures suggest Tesla’s mainstay auto business is regaining momentum after…
US opens second federal investigation of deadly Tesla crash into Texas home
Driver told authorities he had driver-assistance technology engaged before crash that killed 76-year-old Martha Avila The US government has opened a second federal investigation into a recent crash of a Tesla that reportedly had driver-assistance technology engaged, struck a Texas home and killed a resident. Meanwhile, the family of Martha Avila, the 76-year-old resident who…
Elon Musk loses trillionaire status as SpaceX and Tesla stock drops
Falling shares push tech mogul back down to billionaire ranks after SpaceX IPO made him world’s first trillionaire Elon Musk was no longer a trillionaire by the time markets closed on Wednesday. Plunging shares in Tesla and SpaceX dragged the tech magnate down to billionaire status. As of 4pm ET, Forbes listed Musk’s net worth…
Mars colony and Grok warnings: five strange details in SpaceX’s pitch to investors
IPO filing from Elon Musk’s company reveals closer look at finances, cosmic ambitions and tech empire’s quirks SpaceX publicly released an investor prospectus on Wednesday as part of its plan for a $1.75tn debut on the US stock market next month, revealing unseen details about the finances and future plans of Elon Musk’s flagship company.…
Tesla Cybertruck pulled from Texas lake after attempting ‘wade mode’
Police said the vehicle became disabled and took on water, prompting the driver and passengers to abandon it before calling for help Authorities in Texas have removed a Tesla Cybertruck from a lake after the driver intentionally drove into it in an attempt to try the vehicle’s “wade mode.” On Tuesday, the Grapevine police department…
‘We don’t tell the car what it should do’: my ride in a self-driving taxi
Driverless ‘robotaxis’ will be accepting fares in Britain’s biggest city by the end of next year. Can they deal with London’s medieval roads, hordes of pedestrians and errant ebikers? I got in the passenger seat to find out ‘I’m really excited to show you this,” says Alex Kendall, the CEO of Wayve, as he gets…
Inside the fiery, deadly crashes involving the Tesla Cybertruck
Cybertrucks have locked passengers inside and burned so hot they’ve disintegrated drivers’ bones. Victims’ families blame what they say is the faulty design of a truck Elon Musk calls ‘apocalypse-proof’ When sheriff deputies arrived at the scene of a late-night crash off a desolate Texas road in August 2024, they could see a giant pyre…
Elon Musk’s Tesla given go-ahead to supply electricity in Great Britain
Ofgem licence means firm can replicate Texas setup of powering homes, businesses and EVs Elon Musk’s Tesla has won approval to supply electricity to households and businesses across Great Britain, as the tech billionaire expands his energy ambitions. The energy regulator, Ofgem, has formally granted Tesla an electricity supply licence, enabling it to provide electricity…