Tesla shares drop after Musk cuts about 500 jobs in Supercharger team

Tesla Supercharger stations near a Circle K gas station in Austin, Texas, on April 23, 2024. Brandon Bell | Getty Images Tesla shares fell nearly 6% on Tuesday following news that CEO Elon Musk was pressing ahead with more job cuts at Tesla, impacting an estimated 500 employees in its Supercharger team. The stock closed … Read more

SpaceX Employees Are Getting Hurt In Alarming Numbers

SpaceX employees are sustaining an outrageous amount of injuries, once again exceeding the industry average in 2023, according to safety data reported to U.S. regulators by the aerospace company helmed by CEO Elon Musk. According to Bob: Public Transit Is a Car Enthusiast’s Best Friend The 2023 records from the Occupational Safety and Health Administration, … Read more

OAN retracts, apologizes for Cohen-Daniels affair story

By Marshall Cohen | Associated Press The far-right cable network One America News retracted a story and apologized Monday after it falsely claimed former President Donald Trump’s ex lawyer Michael Cohen was the one who had an affair with adult film star Stormy Daniels and secretly used it to “extort” the Trump Organization. Cohen and … Read more

Elon Musk Can’t Solve Tesla’s China Crisis With His Desperate Asia Visit

Elon Musk will be pleased that his surprise jaunt to China on Sunday garnered many glowing headlines. The trip was undoubtedly equally a surprise to Indian prime minister Narendra Modi, who had been scheduled to offer Musk the red carpet on a long-arranged visit. The billionaire blew off India at the last minute, citing “very … Read more

Tesla stock rises after CEO Musk scores key deals with China on weekend trip to Beijing

Tesla shares jumped as much as 18% on Monday after CEO Elon Musk met with a top Chinese government leader on Sunday in Beijing and reportedly received backing to roll out its advanced driver-assistance in the country.  Shares of Tesla jumped $25.66, or 15%, to $193.95 in afternoon trading after touching an intraday high of … Read more

Tesla (TSLA) stock up after passing hurdle to China full-self driving

A Tesla Inc. store in Beijing, China, on Wednesday, May 31, 2023. Bloomberg | Getty Images Shares of Tesla rose sharply in U.S. premarket trading on Monday after the electric car maker passes a significant milestone to roll out its full self-driving technology in China. The company’s share price was up 7% as of 5 … Read more

Elon Musk Leaves Beijing As Tesla Clears Key Regulatory Hurdles In China

Elon Musk arrived in Beijing on Sunday (File) Tech billionaire Tesla CEO Elon Musk boarded a plane departing Beijing on Monday, an AFP journalist said, after a whistlestop visit that saw his firm win a key data security clearance from Chinese authorities. Musk arrived in Beijing on Sunday for his second trip in less than … Read more

Musk visits Beijing as Tesla’s China-made cars pass security rules

Elon Musk, CEO of Tesla and owner of social media site X, formerly known as Twitter, attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition center in Paris, France, on June 16, 2023. Gonzalo Fuentes | Reuters BEIJING — Local Chinese authorities have removed restrictions on Tesla cars … Read more

Crypto Bro Who Bought A $51,000 Tesla And Makes $50,000 A Year Probably Should Have Listened To Dave Ramsey

Generally speaking, Dave Ramsey and his cohorts have a history of giving some terrible and frankly unhelpful advice when it comes to buying a car. However, in this case of a young crypto investor who is “bad at planning,” Ramsey’s buy a cheap car and have no debt approach would have been beneficial. Tesla’s Cybertruck … Read more

Here’s How Much Severance Laid Off Tesla Workers Are Getting

Tesla cut 10 percent of its workforce a few weeks ago, and now we’re getting a better look at what sort of severance package its recently laid-off workers are getting. CEO Elon Musk sent an email to impacted employees late at night on April 14 letting them know they were immediately terminated and cut out … Read more