Wedbush analyst Daniel Ives has lowered his Tesla (TSLA) price target from $1,400 to $1,000 over concerns on how the ongoing problems at Giga Shanghai might impact the automaker’s Q2 results. In a note to […]
Elon Musk has announced Tesla will be holding its second AI day where the company will show off its latest advancements related to artificial intelligence. In a tweet on Tuesday afternoon Musk said AI Day […]
Elon Musk’s $44 billion buyout of Twitter may be over unless he is provided with more information on the number of fake or spam accounts on the social media platform. In a regulatory filing earlier […]
In an early morning Tweet on Friday Elon Musk says his planned buyout of Twitter is “temporarily on hold,” but that he remains committed to buying the social media platform. Since announcing his Twitter share […]
According to a report by Bloomberg Law, Elon Musk is attempting to obtain enough equity and preferred financing for his proposed takeover of Twitter to avoid the requirement for a $6.25 billion margin loan tied […]
The United States Security and Exchange Commission (SEC) is now investigating Elon Musk for yet another issue. According to the Wall Street Journal, the US regulators are investigating Musk’s delayed disclosure of his stock purchase […]
US Judge Edward Chen determined that Elon Musk’s 2018 tweets about funding secured were inaccurate and reckless. As per reporting by Reuters, this statement comes from a pre-trial decision from the bench. Evidently, this is […]
A 22 day shutdown of Giga Shanghai from March 28 to April 19 had a significant, but expected affect on the factory’s production and delivery figures for April 2022. According to data from the China […]
Indonesian President Joko Widodo plans to meet Tesla CEO Elon Musk during his upcoming visit to the United States with the hopes of securing a nickel supply deal with the world’s leading EV automaker. Widodo […]
Tesla is suing former thermal engineer Alexander Yatskov claiming that he illegally copied company secrets to his personal devices. Tesla is accusing the former engineer of copying information about Tesla’s AI supercomputer Project Dojo. Not […]
