US electric vehicle company Tesla is recalling more than 1.6 million cars for overhaul due to problems with the driving assistance system and door locking. This figure corresponds, according to Bloomberg, to "virtually all the cars it has ever sold in China". A statement from the National Administration of...
Tag: Tesla
Musk targeted in investigation over use of Tesla funds for personal project
The federal courts and the US Securities and Exchange Commission are investigating the possible use of funds from car manufacturer Tesla to finance a personal project of its leader, Elon Musk. According to Notícias ao Minuto, quoting the Wall Street Journal (WSJ), the federal court in Manhattan, New York,...
Tesla overtakes Mercedes-Benz as most valuable car brand with 66.2M$
The US company Tesla has risen two places and overtaken Mercedes-Benz and Toyota to become the world's most valuable brand in Brand Finance's annual ranking, representing a growth of 44% compared to 2022. According to a study by Finance Automotive Industry 2023, cited by Forbes Portugal, the specialist brand valuation consultancy,...
Musk introduces humanoid robot that will outperform electric cars
The CEO of Tesla and Space X, South African Elon Musk, will today unveil his version of a humanoid robot that he hopes will generate more profit than his electric car business. Entrepreneurs, potential customers and workers are waiting to see the first prototype of the robot that will be christened "Optimus" at the "AI Day"...
Elon Musk argues it's time for Trump to retire
Tension between Tesla CEO Elon Musk and former US President Donald Trump is running high, with words exchanged after Trump spoke about Musk at a rally on Saturday in Anchorage. Following Trump's comment that deemed Musk "another bullshitter," the Tesla creator responded that it was "time...
Chinese BYD Overtakes Tesla in Electric Vehicle Sales
The Chinese automaker BYD surpassed Tesla in global sales of electric vehicles in the first half of this year, reaching 641,350 units, compared to 564,000 of the American manufacturer. According to a statement quoted by Notícias ao Minuto sent to the Hong Kong Stock Exchange, where it is listed, BYD...
Twitter gathers shareholders by August to discuss sale to Elon Musk
Twitter intends to call an extraordinary general meeting by early August. At stake is the proposed purchase of the company for about 44 billion dollars by the leader of Tesla, Elon Musk. The information was disclosed to employees by the chief lawyer of the technology, Vijaya Gadde, quoted by Reuters. The shareholders' meeting...
Elon Musk criticizes Bill Gates on climate change
Tesla CEO Elon Musk criticized entrepreneur Bill Gates on Twitter after the Microsoft founder sold Tesla shares this Saturday and linked this to fighting climate change. The entrepreneur and founder of Microsoft launched criticism of the Tesla CEO during an interview with French Youtuber HugoDécrypte....
Elon Musk backs down on intention to fire 10% of Tesla employees
The CEO of the streetcar company has backtracked on his intention and announced this weekend that he will increase the number of employees at the company over the next 12 months after all. The message was communicated via his Twitter account. Elon Musk said on Saturday that the electric vehicle maker's total headcount...
Musk wants to fire 10% of Tesla employees: 'I have a bad feeling about the economy'
Elon Musk, the owner of Tesla, argues that the electric car company needs to "make a 10% reduction in staffing." The tech mogul's claims appear in an email sent on Thursday to Tesla executives, to which Reuters news agency had access. In the message, titled "Pause in all...