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Stock market today: Tesla shares pop as Elon Musk"s promise of cheaper EVs charms investors

Despite missing expectations for the first quarter, Tesla stock still staged a comeback in after-hours trading on talk of new, more affordable models. .....»»

Category: dealsSource: nyt4 hr. 3 min. ago

Elon Musk Says Morgan Freeman Is "Awesome" After American Actor Says He"s A Huge Fan Of Tesla CEO: "What He"s Done, Nobody Else Has Ever Done"

Tesla CEO Elon Musk reacted to Morgan Freeman's 2016 admiration, calling the actor "amazing" and expressing his own admiration for the Hollywood legend. read more.....»»

Category: blogSource: benzinga5 hr. 19 min. ago

Tesla"s Robotaxi To Be Called "Cybercab?" Elon Musk Says Self-Driving Fleet Will Be Like "Combination Of Airbnb And Uber"

According to Musk's biographer Walter Isaacson, the design for the robotaxi, as well as the now-scrapped $25,000 EV, were inspired by the Cybertruck. read more.....»»

Category: blogSource: benzinga6 hr. 35 min. ago

Elon Musk Answers Question On Reducing Involvement At Tesla In Coming 3 Years: "It"s Rare For Me To Take A Sunday Afternoon"

Amid speculations about his role at Tesla, Elon Musk asserts that he dedicates the majority of his time to the company, rarely taking time off even on Sundays. read more.....»»

Category: blogSource: benzinga6 hr. 35 min. ago

Tesla CEO Elon Musk Says He Feels "Like A Wince" When Saying "GPU" As He Boasts Rapid Progress With AI Compute: "Need A New Word"

During the first-quarter earnings call on Tuesday, Musk revealed that Tesla has been actively expanding its core AI infrastructure. read more.....»»

Category: blogSource: benzinga6 hr. 35 min. ago

Elon Musk gave Tesla investors the one thing they"ve been demanding — and it worked brilliantly

After-hours trading sent Tesla's beleaguered stock up 13%. One analyst said he's watching to see if Tesla makes its new timeline. Tesla is moving up production for cheaper cars, Elon Musk said on Tue.....»»

Category: dealsSource: nyt8 hr. 19 min. ago

Elon Musk Says Tesla Optimus Humanoid Robot Might Be Available Externally By The End Of Next Year: Here"s The Progress Report

Elon Musk indicated that Tesla's humanoid robot, Optimus, could start limited production by the end of 2024 and potentially be available for external sale by the end of 2025. read more.....»»

Category: blogSource: benzinga8 hr. 35 min. ago

Tesla"s Strategic Pivot Post-Q1 Gets A Thumbs Up From Ross Gerber, Wedbush"s Dan Ives Lauds Elon Musk"s Leadership

Ross Gerber, CEO of Gerber Kawasaki Wealth, supports Tesla's strategy shift post-Q1, while analyst Dan Ives praises Elon Musk's leadership. Despite a revenue dip, Tesla's shares rise on new model plans. read more.....»»

Category: blogSource: benzinga8 hr. 35 min. ago

Tesla"s future is riding on Elon Musk believers

Tesla reported a drop in revenue during .....»»

Category: smallbizSource: nyt10 hr. 35 min. ago

Elon Musk is throwing the distant dream of a "sentient" Optimus robot at Tesla"s shareholders

"As I've said before, I think Optimus will be more valuable than everything else c.....»»

Category: smallbizSource: nyt10 hr. 35 min. ago

Elon Musk gave a vague answer when asked if he plans to step back at Tesla in the next 3 years

Elon Musk did not give a direct answer on Tuesday about whether he plans to reduce his role at Tesla in the next three years. Elon Musk's Tesla is placing ads on X, the former Twitter.LEON NEAL/Getty ImagesElon Musk g.....»»

Category: smallbizSource: nyt12 hr. 19 min. ago

Recap: Tesla stock surges despite plunging profits as Musk talks robotaxis and cheaper cars

Tesla will report quarterly earnings today, April 23, after market close......»»

Category: dealsSource: nyt14 hr. 3 min. ago

Alienating Tesla Buyers by the Cybertruck-load

    @TBPInvictus here: Back in December 2022, I hypothesized that Elon Musk’s antics and his newfound desire to own the Libs were going to destroy Tesla’s appeal t.....»»

Category: dealsSource: nyt17 hr. 51 min. ago

Tesla"s chaotic layoffs leave employees nervous and wondering when the cuts will end

In the wake of Tesla's week of layoffs some workers say they feel as if they've been left in limbo. Tesla CEO Elon Musk announced .....»»

Category: dealsSource: nyt20 hr. 51 min. ago

Tesla uses new state law to sidestep Austin regulations at gigafactory

CEO Elon Musk has a history of chaffing against regulations, environmental or otherwise. At the end of this report, check out a list of the top tech employers in the metro......»»

Category: topSource: bizjournals20 hr. 51 min. ago

Tesla layoffs impacted nearly 12% of its Texas staff

Tesla laid off 2,688 workers at its Austin factory, according to a WARN notice. It's likely part of Elon Musk's previously announced jobcuts. Elon Musk during th.....»»

Category: worldSource: nyt22 hr. 19 min. ago

Elon Musk Reacts To Katy Perry"s Picture With Tesla Cybertruck: "Looks Good"

Perry, a well-known singer, songwriter, and TV personality, shared a photo of her new Cybertruck on social media platform X, expressing her gratitude for the delivery. Musk responded with a simple "Looks good" comment on her post. read more.....»»

Category: blogSource: benzingaApr 23rd, 2024

Golden State Goes Green: California"s Battery Storage Outshines Gas, Renewables For First Time As Tesla CEO Musk Lauds "Major Milestone"

For Tesla, this news is particularly positive, especially during a time when its core electric vehicle business faces headwinds due to slowing EV adoption and economic uncertainty. read more.....»»

Category: blogSource: benzingaApr 23rd, 2024

Elon Musk"s wealth has crashed by over $175 billion from its peak as Tesla"s problems pile up

Tesla stock has tanked by about 66% since late 2021, slashing Elon Musk's fortune from $340 billion at its peak to below $165 billion. Elon Musk is CEO of Tesla.Brendan Smialowski/AFP/.....»»

Category: personnelSource: nytApr 23rd, 2024

Elon Musk Admits Tesla Ads Were "Far Too Generic" After Laying Off US Marketing Team: "Could"ve Been Any Car"

The EV giant has removed its newly formed marketing team as part of the 10% companywide layoff announced last week. read more.....»»

Category: blogSource: benzingaApr 23rd, 2024