22 Features That Make Tesla Cars Unique

All Tesla models are equipped with a driver assistance system called Autopilot. The feature enables a car to steer, accelerate, and brake automatically within its lane. The function does not replace the role of a driver, but is intended to make driving easier and cut down on accidents. New Tesla models have eight cameras and … Read more

Elon Musk Says He Is Terminating His Deal to Buy Twitter

Lawyers for Elon Musk have notified the US Securities Exchange Commission that the Tesla and SpaceX CEO is moving to terminate the deal to acquire Twitter, and accusing the social media company of being “in material breach of multiple provisions” of the merger agreement. Shares of Twitter fell roughly 6% following the news, while shares … Read more

Tesla To Cut 10% Staff, Pauses All Hiring, Says Elon Musk

The world’s richest man and chief executive of Tesla Elon Musk has said that the electric car maker is going to reduce its staff strength by 10% and also he had a super bad feeling about the world economy. An internal email which was titled “pause all hiring worldwide,” was sent to Tesla executives on … Read more

Elon Musk buys Twitter for $44 billion and will privatize company

Elon Musk reached an agreement to buy Twitter for roughly $44 billion on Monday, promising a more lenient touch to policing content on the platform where he promotes his interests, attacks critics and opines on social and economic issues to more than 83 million followers. The outspoken Tesla CEO, who is also the world’s wealthiest … Read more

How Elon Musk Could Arrange The Massive $43 Billion To Buy Twitter

The purchase isn’t straightforward, but Elon Musk has several financing paths. One option is to sell his Tesla shares outright. Another is borrowing against them to stage a leveraged buyout, possibly with outside partners. Musk, 50, currently has about $3 billion in cash or other somewhat liquid assets after spending $2.6 billion buying a 9.1% … Read more

Tesla Delivered Record-Breaking Vehicles in First Quarter of 2022

Tesla delivered a record-breaking 310,048 vehicles in Q1 — more than any previous quarter. Elon Musk said this quarter has been “exceptionally difficult” due to supply chain issues and COVID. A recent COVID-19 spike in China has forced Tesla’s new Shanghai factory to temporarily shut down. Something is loading. Tesla announced it delivered 310,048 vehicles … Read more

Tesla inches toward blue-chip status after Moody’s rating boost

Moody’s Investors Service Inc.’s move to ramp up Tesla Inc.’s credit rating to the cusp of investment grade is bolstering expectations that the famous electric vehicle maker will secure blue-chip status as soon as early next year. The agency boosted Tesla by two notches to the highest junk rating of Ba1 on Monday, citing improving … Read more

Now, Maharashtra and Punjab invite Elon Musk’s Tesla to set up unit

After Telangana, Maharashtra and Punjab on Sunday invited Elon Musk, the chief executive officer of US-based electric vehicle manufacturer Tesla, to set up a production unit in their states. After Musk tweeted about “challenges with the government” in connection with his firm’s plans to launch its products in India, Minister Jayant Patil responded on Twitter … Read more