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Tesla stock drops as Elon Musk reportedly announces hundreds more layoffs including senior execs

The drop pared some of the gains from Monday's session, which saw the stock jump on optimism around Musk's China visit. Tesla CEO Elon Musk......»»

Category: dealsSource: nytApr 30th, 2024

Tesla"s plans to launch full self-driving tech in China could add $2 billion in earnings by 2030 and boost its stock

"Competition is increasing from domestic manufacturers and FSD will help TSLA catch up to, and potentially exceed, other EV offerings on the market." New Autopilot .....»»

Category: smallbizSource: nytApr 30th, 2024

Elon Musk is $36 billion richer since returning from his triumphant China trip

The Tesla CEO has gained around $36 billion in net worth over the last week, according to Bloomberg's Billionaire Index, after Tesla shares surged. Elon Musk has seen his personal wealth rise in recent days. Antonio Masiello/G.....»»

Category: worldSource: nytApr 30th, 2024

Elon Musk Has Tears Of Laughter As Tesla Investor Says Stock Is "Up One Gordon Johnson" After Bear-Defying Surge

In a new analysis, Johnson expressed concerns regarding Tesla's advancements in China post-Musk's visit, particularly regarding data collection. read more.....»»

Category: blogSource: benzingaApr 30th, 2024

Musk"s visit to China was a much-needed win for both sides — and a snub to India

Elon Musk's cancelled India trip contrasts with Tesla's growing presence and high-level relationships in China. Elon Musk visited China in 2019, and, more recently, on a two-day trip.....»»

Category: personnelSource: nytApr 30th, 2024

"Tesla Has The Endorsement" Of Xi Jinping"s Government: This Is What "Serious" Elon Musk Showed To Investors In China, Says Expert

Musk's visit to China comes at a critical time for Tesla, as the company recently cleared China's data security requirements for its Model 3 and Model Y vehicles. read more.....»»

Category: blogSource: benzingaApr 30th, 2024

Tesla CEO Elon Musk Reveals Sentimental Reason Behind 8/8 Robotaxi Unveil: "Lucky Number In China...Birthday Of My Triplets"

The number eight is considered lucky in China, sounding similar to the word for "prosperity" and often associated with good fortune. read more.....»»

Category: blogSource: benzingaApr 30th, 2024

Jim Cramer Says Tesla Stock Will "Keep Running Until All Shorts Are Crushed," Praises Elon Musk"s China FSD Deal As "Perfect Example Of Redefining Narrative"

The stock picker also said no one else could have pulled this off, and that's the reason why shareholders love Musk. read more.....»»

Category: blogSource: benzingaApr 30th, 2024

Tesla"s FSD Nod Win Seen As Move To "Smooth Over Chinese EV"s Entry Into The US Market" Says Redditor

Tesla's FSD milestone in China sparks discussions among investors and enthusiasts, leading to a 10% premarket spike in stock price. Seen as a strategic win, but impact on global EV market and stock remains uncertain. read more.....»»

Category: blogSource: benzingaApr 29th, 2024

"He"s Back": Morgan Stanley"s Adam Jonas Say Musk"s China Trip Is "Gesture Of Tesla Commitment"

"He's Back": Morgan Stanley's Adam Jonas Say Musk's China Trip Is "Gesture Of Tesla Commitment" Tesla bears are getting their nuts squeezed in the US cash session Monday after Elon Musk's surprise weekend trip t.....»»

Category: dealsSource: nytApr 29th, 2024

Daily Digest: United reboots SFO routes; Tesla"s rollout in China

Good morning, Bay Area. Starting your day with the likes of an Egg McMuffin, it appears that since September, when California moved to require large fast-food chains to increase minimum hourly pay to $20 starting this month, fast-food and fast-cas.....»»

Category: topSource: bizjournalsApr 29th, 2024

Tesla stock surges 12% on Elon Musk"s China full self-driving "home run"

Elon Musk seems to have won Beijing's backing for Tesla's autono.....»»

Category: topSource: businessinsiderApr 29th, 2024

Elon Musk comes out fighting as China throws Tesla a lifeline

Elon Musk's weekend trip to Beijing res.....»»

Category: topSource: businessinsiderApr 29th, 2024

Elon Musk will face intense competition if he tries to bring Tesla"s full self-driving technology to China

Tesla has moved a step closer to securing approval to operate its full self-driving technology in China, according to multiple r.....»»

Category: topSource: businessinsiderApr 29th, 2024

Tesla stock set to surge 10% on Elon Musk"s China full self-driving "home run"

Elon Musk seems to have won Beijing's backing for Tesla's autonomous driving technolo.....»»

Category: topSource: businessinsiderApr 29th, 2024

Tesla clears key regulatory hurdles for self-driving in China during Musk visit

Tesla clears key regulatory hurdles for self-driving in China during Musk visit.....»»

Category: topSource: yahooApr 29th, 2024

Musk"s China Mission Pays Off? Tesla Reportedly Inks FSD Deal With Internet Giant Baidu (UPDATED)

The partnership will be for mapping and navigation around China, Bloomberg reported, citing people familiar with the matter. read more.....»»

Category: blogSource: benzingaApr 29th, 2024

Why Tesla Rival BYD Charges Up To 3x More For EVs In Europe While China Prices Remain Shockingly Low

In Germany, for instance, BYD's Atto starts at a whopping $42,789, compared to a much friendlier $19,283 price tag in China. read more.....»»

Category: blogSource: benzingaApr 28th, 2024

At least 123 Chinese automakers are facing off against Tesla for EV dominance

Competition in China's EV market has become stiff. But only a few brands vie for EV dominance. A BYD 07 EV model el.....»»

Category: topSource: businessinsiderApr 28th, 2024

"Watershed Moment," Says Tesla Analyst As Elon Musk Makes Surprise China Visit To Reportedly Discuss FSD Rollout And Data Transfer Overseas

Tesla's Elon Musk landed in China and met with key officials, including the second-in-command, Premier Li Qiang. Latest Ratings for TSL.....»»

Category: blogSource: benzingaApr 28th, 2024