Every EVXL story tagged “Elon Musk” — newest first.
Elon Musk has shot down a report claiming his AI startup xAI was in talks to share Tesla’s future revenue in exchange for AI tech. This comes as Tesla continues to push the boundaries of autonomous driving. According to a Reuters article, Musk took to X (formerly Twitter) to refute a Wall Street Journal story…
A recent Wall Street Journal article highlights the growing relationship between Elon Musk and Donald Trump, raising questions about potential conflicts of interest for the Tesla CEO. Musk’s Proposed Government Role Trump announced that Musk has agreed to lead a government efficiency commission if he’s re-elected president. This role would give Musk significant influence over…
Tesla is facing tough competition in China as local and international rivals flood the market with more advanced electric vehicle (EV) models. The US company’s share of Chinese EV sales has dropped to 6.5% in the first seven months of the year from almost 9% a year earlier, according to data from Shanghai consultancy Automobility.…
Tesla’s Full Self Driving (FSD) software is set to expand internationally, with significant updates and features rolling out over the next year. The company has released a roadmap detailing its plans, including enhancements to FSD and its introduction to Europe and China by Q1 2025. Notably, Tesla is also planning to bring FSD to right-hand…
Tesla is gearing up to revamp its Model Y for the Chinese market, aiming to regain lost market share and take on competitors like Li Auto and Nio. According to a report from SCMP, the US electric vehicle (EV) maker plans to introduce a six-seat variant of the Model Y, assembled at its Shanghai Gigafactory…
China’s top electric vehicle maker, BYD, has decided to put its Mexico factory plans on hold until after the US election, according to a recent report from the South China Morning Post. This move comes as global businesses adopt a wait-and-see approach due to shifting American policies. Uncertainty in the Air: The US Election Impact…
Tesla continues to dominate brand loyalty in the automotive industry, challenging recent media narratives about customer dissatisfaction, according to a recent report from S&P Global Mobility. Strong Loyalty Despite Limited Portfolio Tesla boasts a brand loyalty rate of 67.8% for the first half of 2024, significantly outpacing the industry average of 52.5%. Vince Palomarez, associate…
Tesla and its CEO Elon Musk have successfully defended themselves against a federal lawsuit alleging cryptocurrency fraud and insider trading, according to Reuters. The case, which sought $258 billion in damages, was dismissed by U.S. District Judge Alvin Hellerstein in Manhattan on Thursday night. The Allegations Investors accused Musk and Tesla of: The Court’s Decision…
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