Tag: Tesla

The Chinese Tesla that threatens Elon Musk

The Chinese Tesla that threatens Elon Musk The Chinese Tesla that threatens Elon Musk

Performance – editing: George D. Pavlopoulos After PK Saxena moved from the South Australian city of Adelaide to the small town of Booleroo Center in January, the 36-year-old secondary school teacher was faced with a daily commute of about 75 kilometers to and from his new school in rural Orroroo. So, he decided to switch […]

Tesla: A state judge in California said he is likely to reject a request from the company

Tesla: A state judge in California said he is likely to reject a request from the company Tesla: A state judge in California said he is likely to reject a request from the company

A state judge in California said yesterday that he is likely to reject Tesla Inc’s request to drop a lawsuit filed by the state’s civil rights agency accusing the electric vehicle maker of widespread racial discrimination in a its factory unit. California Superior Court Judge Evelio Grillo in Oakland, in a preliminary written ruling, rejected […]

Elon Musk’s winning bet in Greece

Elon Musk’s winning bet in Greece Elon Musk’s winning bet in Greece

By Giorgos Lampiris An informal bet – that of the most sales of purely electric cars in Greece – seems to be won by one of the youngest and still promising players of the global market, Elon Musk. The sui generis businessman and richest man in the world according to Forbes may have recently announced […]

Elon Musk sells 7.92 million Tesla shares amid Twitter takeover fears

Elon Musk sells 7.92 million Tesla shares amid Twitter takeover fears Elon Musk’s winning bet in Greece

Tesla CEO Elon Musk sold 7.92 million shares of the company, worth about $6.88 billion, according to CNBC citing regulatory filings released Tuesday. The transactions took place between Aug. 5 and Aug. 9, regulatory filings reveal, following Tesla’s annual shareholder meeting on Aug. 4. Earlier this year, the CEO of Tesla and SpaceX said on […]

Musk sells 7.92 million Tesla shares amid Twitter takeover fears

Musk sells 7.92 million Tesla shares amid Twitter takeover fears Elon Musk’s winning bet in Greece

Tesla CEO Elon Musk sold 7.92 million shares of the company, worth about $6.88 billion, according to CNBC citing regulatory filings released Tuesday. The transactions took place between Aug. 5 and Aug. 9, regulatory filings reveal, following Tesla’s annual shareholder meeting on Aug. 4. Earlier this year, the CEO of Tesla and SpaceX said on […]

Tesla: Profits jump, revenue declines in the quarter

Tesla: Profits jump, revenue declines in the quarter Tesla: Profits jump, revenue declines in the quarter

Tesla ended the second quarter with a significant increase in its profitability, although at the same time it saw its revenues decline significantly. At the same time, Elon Musk’s behemoth announced that it sold 75% of its bitcoin holdings, adding $963 million in cash to its balance sheet. In particular, Tesla announced for the second […]

Tesla: Delivered 254,595 electric vehicles in the second quarter of the year

Tesla: Delivered 254,595 electric vehicles in the second quarter of the year Tesla: Delivered 254,595 electric vehicles in the second quarter of the year

Tesla released its second quarter vehicle production and delivery numbers for 2022. It totaled 254,595 deliveries and produced 258,580 vehicles. The delivery numbers, which are the closest approximation of sales reported by Tesla, fell slightly short of analysts’ expectations. Analysts had expected deliveries of 256,520 vehicles for the quarter, which was marred by coronavirus restrictions, […]

Germany calls on Tesla to recall 59,000 vehicles due to technical problem

Germany calls on Tesla to recall 59,000 vehicles due to technical problem Germany calls on Tesla to recall 59,000 vehicles due to technical problem

Germany’s transport regulator has called on it to recall Y and 3 models due to a technical problem in the cars’ emergency system. As Bloomberg reports, the Federal Motor Transport Authority can only order a recall in Germany, but it said on its website that a total of more than 59,000 Teslas will be affected […]

The richest billionaires lost 1.4 trillion. dollars in the worst half of all time

The richest billionaires lost 1.4 trillion. dollars in the worst half of all time The richest billionaires lost 1.4 trillion.  dollars in the worst half of all time

Elon Musk’s fortune slipped by almost $62 billion. At the same time, Jeff Bezos lost about $63 billion in his fortune, while Mark Zuckerberg lost more than half of his fortune, according to Bloomberg. In total, the 500 richest people in the world lost 1.4 trillion. dollars in the first half of 2022, marking a […]

Because Elon Musk is 15 billion richer as of Tuesday

Because Elon Musk is 15 billion richer as of Tuesday Because Elon Musk is 15 billion richer as of Tuesday

The fortune of the richest man in the world, the head of Tesla, Elon Musk, jumped by 14.5 billion dollars as the share of the electric vehicle company increased by 9.4% after the rise of 2.5% of the Nasdaq, after from the fall of the previous week. Analysts attributed Tesla’s outperformance to both Musk’s comments […]