News on this topic
Profile picture of Bloomberg
Tesla’s $2.6 Billion SolarCity Buyout Ruled Fair as Dismissal of Shareholder Suit Upheld
bloomberg.com/news/articles/2023-06-06/tesla-lawsuit-dismissal-upheld-by-delaware-supreme-court
Tesla’s $2.6 Billion SolarCity Buyout Ruled Fair as Dismissal of ...
Profile picture of The Globe and Mail
Delaware court upholds ruling for Elon Musk over Tesla-SolarCity deal : The court said that while a judge on the Delaware Court of Chancery erred in some ...
theglobeandmail.com/business/international-business/article-delaware-court-upholds-ruling-for-elon-musk-over-tesla-solarcity-deal/
Delaware court upholds ruling for Elon Musk over Tesla-SolarCity deal
More articles on this subject
Profile picture of Bloomberg
Tesla’s $2.6 Billion SolarCity Buyout Ruled Fair as Dismissal of Shareholder Suit Upheld
bloomberg.com/news/articles/2023-06-06/tesla-lawsuit-dismissal-upheld-by-delaware-supreme-court
Tesla’s $2.6 Billion SolarCity Buyout Ruled Fair as Dismissal of ...
Profile picture of The Globe and Mail
Delaware court upholds ruling for Elon Musk over Tesla-SolarCity deal : The court said that while a judge on the Delaware Court of Chancery erred in some ...
theglobeandmail.com/business/international-business/article-delaware-court-upholds-ruling-for-elon-musk-over-tesla-solarcity-deal/
Delaware court upholds ruling for Elon Musk over Tesla-SolarCity deal
Profile picture of BÖRSE ONLINE
Tesla share takes off in double digits: This is how Elon Musk can convince the stock market
boerse-online.de/nachrichten/aktien/tesla-aktie-hebt-zweistellig-ab-damit-kann-elon-musk-die-boerse-ueberzeugen-20355987.html
Tesla share takes off in double digits: This is how Elon Musk can convince ...
Quick Glance: Tesla: Prices Reduced in Germany - Musk's Strategies
  • Tesla lowers prices in Germany to increase inventory and sales.

  • Elon Musk addresses price complaints and emphasizes the need for flexible pricing.

  • Buyers of Tesla vehicles during expensive phases may face depreciation.

  • Tesla implements additional measures to boost sales, such as price cuts in the USA and adjustments in the Supercharger network.
Profile picture of CNN.com
Trump’s immunity claim hits the Supreme Court. What are your questions?: While former President Donald Trump is sitting through a criminal trial in state court ...
cnn.com/2024/04/23/politics/questions-trump-immunity-supreme-court/
Trump’s immunity claim hits the Supreme Court. What are your questions?
Quick Glance: Trial Judge Evaluates Trump's Compliance with Gag Order
  • Former President Trump is on trial in New York for hush money issues. David Pecker from 'National Enquirer' testified about an agreement to manipulate stories about Trump and his rivals.

  • Concerns arose about Trump's violation of the gag order by criticizing court members. Mary McCord explained how the administration of justice can be disrupted by defendants' statements, leading to legal restrictions.

  • Despite reluctance to detain a former president, fines may be imposed for attacks on witnesses and judicial families. Threats to security and witness testimonies pose serious challenges to the trial's integrity.

  • Judges emphasize the importance of upholding justice by addressing threats and ensuring the safety of those involved in legal proceedings. The credibility of the trial hinges on maintaining a fair and secure environment.
Profile picture of The Hill (newspaper)
Female Supreme Court justices push back most strongly on Idaho abortion ban: A divided Supreme Court seemed skeptical that Idaho’s strict abortion ban conflicts ...
thehill.com/policy/healthcare/4618282-female-supreme-court-justices-push-back-most-strongly-on-idaho-abortion-ban/
Female Supreme Court justices push back most strongly on Idaho abortion ...
Quick Glance: Supreme Court Divided on Emergency Abortion Access: Highlights
  • The Supreme Court seems divided on access to emergency abortions in states with near-total bans.

  • The 1986 Emergency Medical Treatment and Labor Act could impact abortion access in emergencies.

  • The debate raises questions about fetal personhood and abortion rights conflict.

  • The court's decision could affect abortion access in 14 states with strict abortion bans.
Profile picture of South China Morning Post
South Korean woman conned out of US$50,000 by fake Elon Musk she fell in love with on Instagram
scmp.com/news/asia/east-asia/article/3260197/south-korean-woman-conned-out-us50000-fake-elon-musk-she-fell-love-instagram
South Korean woman conned out of US$50,000 by fake Elon Musk she fell in ...
Quick Glance: South Korean Woman Falls Victim to $50k Elon Musk Deepfake Scam
  • A South Korean woman was convinced to invest 70 million won ($50,770) after watching a fabricated video portraying someone who looked like Elon Musk, the CEO of Tesla, as reported locally on Tuesday.

  • Jeong Ji-sun, identified by the pseudonym at KBS, disclosed her experience as a victim of a romance scam on KBS's 'In-Depth 60 Minutes.' During the episode on April 19, Jeong narrated her initial interactions with the scammer posing as Musk.

  • Jeong's initial hesitations dissipated swiftly. The scammer forwarded his identification and a workplace photo to Jeong. Moreover, he discussed aspects such as his children and commuting to Tesla or SpaceX via helicopter. He further mentioned his sporadic outreach to fans.

  • The program highlighted the prevalent use of AI in these romance scams. The swindler engaged in a form of deception known as 'pig butchering,' as explained by the producer. This approach involves gradually enticing victims to increase their contributions to an apparently legitimate investment before the perpetrator vanishes.
Profile picture of The Sydney Morning Herald
Tesla’s profits are being sunk by a tide of electric cars: First-quarter profits for Elon Musk’s company have more than halved, with the EV market awash with ...
smh.com.au/business/companies/tesla-s-profits-are-being-sunk-by-a-tide-of-electric-cars-20240424-p5fm6k.html
Tesla’s profits are being sunk by a tide of electric cars
Profile picture of NPR
Tesla cuts its car prices around the world after week of turmoil for the company: The company dropped its starting prices of its Model X, Model Y and Model S by ...
npr.org/2024/04/21/1246256484/tesla-car-price-cuts-elon-musk-cybertruck
Tesla cuts its car prices around the world after week of turmoil for the ...
Profile picture of Global News
Tesla recalls all 3,878 Cybertrucks over accelerator pedal issue - National | Globalnews.ca
trib.al/lNW0Xx7
Tesla recalls all 3,878 Cybertrucks over accelerator pedal issue - ...
Quick Glance: Tesla Cybertrucks Recall Issued
  • Tesla responds to defective accelerator pedals in nearly 3,900 Cybertruck pickups causing unintended acceleration.

  • The recall involves Cybertruck vehicles manufactured between November 2023 and April 2024.

  • An unauthorized use of soap during the accelerator pedal assembly likely led to the defect.

  • Tesla voluntarily recalled the vehicles on April 12 due to two customer complaints.
Profile picture of Insider (news website)
Tesla needs to fire Elon Musk as CEO if it wants to save itself: Tesla is in trouble: sales are falling and competition from China is ramping up ...
businessinsider.com/tesla-fire-elon-musk-new-ceo-evs-china-sales-earnings-2024-4
Tesla needs to fire Elon Musk as CEO if it wants to save itself
Quick Glance: Elon Musk must be removed as CEO to save Tesla
  • Tesla is struggling with declining sales, layoffs, and issues in China.

  • Elon Musk is blamed for the company's state and his departure could save Tesla.

  • Tesla has failed to craft a strategy for chaotic times, resulting in a shrinking market share in China.
Profile picture of TheStreet
Elon Musk apologizes to laid off Tesla employees for a major mistake: Musk just informed his Tesla employees of an issue that was brought to his attention.
thestreet.com/electric-vehicles/elon-musk-apologizes-to-laid-off-tesla-employees-for-major-mistake
Elon Musk apologizes to laid off Tesla employees for a major mistake
Profile picture of Politico
Trump fumes while Biden hits the trail: No day demonstrated the extreme asymmetry of the unfolding campaign more than Tuesday.
politico.com/news/2024/04/23/trump-biden-campaign-trial-00153963
Trump fumes while Biden hits the trail
Quick Glance: Biden criticizes Florida's abortion ban and holds Trump accountable
  • President Biden condemns the upcoming 6-week abortion ban in Florida.

  • He blames Trump for appointing justices who overturned Roe v. Wade.

  • Biden's campaign focuses on abortion rights to mobilize voters.

  • Efforts to leverage Florida's abortion laws for political gain are highlighted.
Profile picture of Insider (news website)
Tesla's Cybertruck needs a hole drilled through the accelerator pedal: A user posted a 35-second video on X of him fixing the gas pedal issue that caused a ...
businessinsider.com/tesla-cybertruck-accelerator-pedal-recall-fix-includes-drilling-hole-2024-04
Tesla's Cybertruck needs a hole drilled through the accelerator pedal
Profile picture of The Washington Post
What happened to Tesla? Weak sales, layoffs and recalls weigh on outlook.: The company is facing its greatest set of challenges since a series of unforced errors ...
washingtonpost.com/technology/2024/04/23/elon-musk-tesla-earnings-outlook/
What happened to Tesla? Weak sales, layoffs and recalls weigh on outlook.
Profile picture of Insider (news website)
Elon Musk finally the 'adult in the room,' Tesla headed for growth: Wedbush: "Elon Musk finally stepped up as the adult in the room and laid the foundation for ...
markets.businessinsider.com/news/stocks/tesla-stock-price-elon-musk-q1-earnings-outlook-model-2-2024-4
Elon Musk finally the 'adult in the room,' Tesla headed for growth: ...
Quick Glance: Elon Musk Leads Tesla to Growth: Wedbush
  • Elon Musk is referred to as the 'adult in the room' and lays the foundation for Tesla's growth strategy, according to Wedbush analysts.

  • Tesla stock could be headed for better days, as Elon Musk finally steps up as the 'adult in the room' to calm investors amidst various headwinds, noted Wedbush Securities analyst Dan Ives.

  • The company particularly reiterated its guidance on the Model 2, a lower-cost electric vehicle set to roll out next year, eagerly awaited by Wall Street to boost sales. This cheaper model will be crucial for Tesla's success, focusing on sales volume in the near term, as highlighted by Ives.

  • Despite short-term headwinds, Tesla is on a good trajectory in the long run, as mentioned by Wedbush. Ives added that the company has a 'golden vision' regarding its full self-driving technology, pivotal for Tesla's strategy over the next decade.
Profile picture of The Mercury News
Elon Musk and Tesla: Is the CEO’s controversial behavior responsible for company’s struggles?
mercurynews.com/2024/04/22/elon-musk-and-tesla-is-the-ceos-controversial-behavior-responsible-for-companys-struggles/
Elon Musk and Tesla: Is the CEO’s controversial behavior responsible for ...
Quick Glance: Elon Musk and Tesla: Influence of CEO's divisive behavior on company's challenges
  • The wealthiest individual globally freely voices his opinions, often sparking debate.

  • Elon Musk, Tesla's CEO, has attacked U.S. election integrity, embraced White-supremacist propaganda, and accused President Joe Biden of treason.

  • Experts suggest that Musk's conduct may deter potential customers, but larger issues impact his company. With growing competition in the electric vehicle market, his polarizing personality could lead to more significant long-term damage.

  • While Musk may be damaging Tesla’s image with some consumers, the primary focus remains on the product and its dependability. Many consumers do not base their purchasing decisions on the political views of the company's leader.
Profile picture of Electrek
Tesla has lowest maintenance and repair cost of any brand: Tesla has the lowest maintenance and repair cost of any brand, according to a new study by Consumer ...
electrek.co/2024/04/22/tesla-lowest-maintenance-repair-cost-any-brand/
Tesla has lowest maintenance and repair cost of any brand
Profile picture of The Hill (newspaper)
Supreme Court declines to hear Kari Lake voting machine lawsuit: The Supreme Court declined Monday to take up a case brought by Republicans Kari Lake and Mark ...
thehill.com/homenews/campaign/4611220-supreme-court-declines-to-hear-kari-lake-voting-machine-lawsuit/
Supreme Court declines to hear Kari Lake voting machine lawsuit
Profile picture of The Guardian
Tesla to cut 14,000 jobs as Elon Musk aims to make carmaker ‘lean and hungry’: Billionaire says ‘there is nothing I hate more’ than cutting staff as more than ...
theguardian.com/technology/2024/apr/15/tesla-cut-jobs-elon-musk-staff
Tesla to cut 14,000 jobs as Elon Musk aims to make carmaker ‘lean and ...
Profile picture of Bloomberg
Elon Musk's Earnings Call Was a Marketing Master Class: On the wild earnings call yesterday. Plus: A new approach to drug discovery.
bloomberg.com/news/newsletters/2024-04-24/elon-musk-s-earnings-call-was-a-marketing-master-class
Elon Musk's Earnings Call Was a Marketing Master Class
Profile picture of Entrepreneur
Days After Layoffs, Tesla Pushes Stockholders to Approve Elon Musk's $56 Billion Pay Package
entrepreneur.com/business-news/tesla-to-shareholders-approve-ceo-musks-record-high-pay/472850
Days After Layoffs, Tesla Pushes Stockholders to Approve Elon Musk's ...
Profile picture of The Verge
Tesla’s in its flop era: Tesla is in trouble. Sales are down, its stock is tumbling, and the company’s future appears to be in doubt ...
theverge.com/24134781/tesla-q1-2024-earnings-sales-market-share-elon-musk
Tesla’s in its flop era
Profile picture of Reuters
Tesla to lay off nearly 2,700 employees in Texas factory, notice shows: Tesla will lay off 2,688 employees at its Texas factory, the electric vehicle maker said ...
reuters.com/business/autos-transportation/tesla-lay-off-nearly-2700-employees-texas-factory-notice-shows-2024-04-23/
Tesla to lay off nearly 2,700 employees in Texas factory, notice shows
Quick Glance: Tesla to Lay Off Nearly 2,700 Employees in Texas Factory
  • Tesla will lay off 2,688 employees at its Texas factory, as indicated in a notification.

  • The layoff was done under the WARN Act, a U.S. labor law requiring companies with 100+ employees to notify ahead of planned closings or mass layoffs.

  • Tesla announced that the layoffs will begin on June 14, amidst falling sales and an escalating price war.

  • The global job cuts include 285 employees in Buffalo, New York, as part of another round of layoffs cutting over 10% of jobs.
Profile picture of The Hill (newspaper)
Liz Cheney: Supreme Court should decide Trump immunity quickly so voters can hear Jan. 6 case
thehill.com/regulation/court-battles/4611017-liz-cheney-supreme-court-should-decide-trump-immunity-quickly-so-voters-can-hear-jan-6-case/
Liz Cheney: Supreme Court should decide Trump immunity quickly so voters ...
Quick Glance: Liz Cheney Urges Supreme Court to Decide Trump Immunity Quickly
  • Liz Cheney calls for a swift Supreme Court decision on Trump's immunity so voters can hear the Jan. 6 case.

  • Emphasizing the importance of the federal election fraud indictment against the former president before the upcoming elections.

  • She advocates for all evidence to be publicly presented for the public to fully assess Trump's actions on Jan. 6.

  • Cheney argues against immunity for Trump and urges the trial to proceed without delay to reveal critical evidence.
Profile picture of The Hill (newspaper)
Tesla slashes prices amid slumping sales: Tesla dropped the prices of its vehicles globally on Friday as the largest electric vehicle manufacturer faces ...
thehill.com/business/4610375-tesla-slashes-prices-amid-slumping-sales/
Tesla slashes prices amid slumping sales
Profile picture of The Guardian
How soon can Tesla get its more affordable car to the market?: Shares jump after carmaker says it is looking to accelerate production of lower-price EVs
theguardian.com/technology/2024/apr/24/how-soon-can-tesla-get-its-more-affordable-car-to-the-market
How soon can Tesla get its more affordable car to the market?
Quick Glance: Tesla's Rapid Launch of Affordable Cars
  • Tesla's plans for more affordable electric vehicles are moving closer.

  • To accelerate production, Tesla is deviating from the Model 2 plan and opting for current manufacturing lines.

  • The exact costs of the new models are still unclear, but the company anticipates achieving less cost reduction than previously expected.

  • Production of the new vehicles could start as early as early 2025, if not late this year.
Profile picture of Insider (news website)
Meta's Threads now has more daily US users than Musk's X: Launched less than a year ago as a rival for Twitter, Threads is continuing to gain ground with users.
businessinsider.com/meta-threads-more-daily-us-users-twitter-elon-musk-x-2024-4
Meta's Threads now has more daily US users than Musk's X
Profile picture of CNN.com
How a gag order showdown explains everything about Trump: Prosecutor Christopher Conroy captured the quintessential Donald Trump in a single sentence at the ...
cnn.com/2024/04/23/politics/donald-trump-gag-order-analysis/
How a gag order showdown explains everything about Trump
Quick Glance: Trump's Attempt to Influence 2016 Election: Hush Money Trial Begins
  • An prosecutor alleges that Donald Trump tried to illegally influence the 2016 election by preventing damaging stories about his personal life from becoming public.

  • The trial, potentially lasting up to two months, will require Trump to spend his days in a courtroom instead of on the campaign trail.

  • The indictment includes 34 counts of falsifying business records, punishable by up to four years in prison.

  • The case sheds light on efforts to suppress stories, known as 'Catch-and-Kill' in tabloid industry, to prevent potentially damaging revelations.
Profile picture of Insider (news website)
Tesla slashes car and self-driving software prices after chaotic week: Three models are $2,000 cheaper in the US, while the self-driving software now costs $8 ...
businessinsider.com/tesla-slashes-prices-suv-cars-self-driving-software-before-earnings-2024-4
Tesla slashes car and self-driving software prices after chaotic week
Profile picture of The Hill (newspaper)
Biden: I almost wanted to buy Trump Bible ‘just to see what the hell’s in it’: President Biden mocked former President Trump on Tuesday for hawking Bibles last ...
thehill.com/homenews/campaign/4615953-biden-trump-bible-abortion-florida/
Biden: I almost wanted to buy Trump Bible ‘just to see what the hell’s in ...
Profile picture of Time
Tesla Is in Panic Mode. Can Elon Musk Turn the Company Around? : The carmaker's profits fell 55% in the first quarter of 2024. Elon Musk faces major challenges ...
time.com/6970399/tesla-stock-earnings-call-elon-musk/
Tesla Is in Panic Mode. Can Elon Musk Turn the Company Around? 
Profile picture of Insider (news website)
Musk promised cheaper Teslas: What if no one wants one?: Tesla investors are celebrating news of cheaper vehicles on the horizon. That assumes lots of people ...
businessinsider.com/will-cheaper-tesla-lure-buyers-ev-demand-2024-4
Musk promised cheaper Teslas: What if no one wants one?
Profile picture of CNN.com
Tesla’s earnings plunge, but the company promises cheaper car model: Tesla reported its first quarter adjusted earnings plunged 48%, falling short of lowered ...
cnn.com/2024/04/23/business/tesla-report-earnings-result/
Tesla’s earnings plunge, but the company promises cheaper car model
Profile picture of Quartz
Elon Musk's SpaceX seems to have a workplace injury problem: A new report found that employees are getting injured at higher rates than at other space companies
qz.com/elon-musk-space-x-injuries-earnings-layoffs-1851429089
Elon Musk's SpaceX seems to have a workplace injury problem
Quick Glance: Injury Rates at SpaceX Exceed Industry Average
  • Injury rates at SpaceX facilities surpassed industry average in 2023.

  • Injuries at SpaceX locations worsened compared to 2022.

  • Experts raise concerns about the quality of work at SpaceX.

  • SpaceX and Musk have not publicly addressed safety record in detail.
Profile picture of The Hill (newspaper)
Texas court halts poverty relief program after Paxton’s ’emergency’ petition: In his campaign to block a Houston-area guaranteed basic income program ...
thehill.com/homenews/state-watch/4615391-ken-paxton-emergency-petition-basic-income-program/
Texas court halts poverty relief program after Paxton’s ’emergency’ ...