Tesla denies report that its board planned to replace Musk
Tesla chair Robyn Denholm has denied a Wall Street Journal report that the board had started looking for a new CEO to replace Elon Musk. It comes as Musk is stepping back…
Tesla’s profit plunge prompts Musk to promise change
The litigation maintains that only Congress has the power to impose tariffs. It says the president can only invoke the emergency act when there is an "unusual and extraordinary threat" from abroad.…
BYD’s 2024 sales surpass the $100bn mark, overtaking rival Tesla
BYD has reported a record leap in sales, surpassing the $100bn mark for 2024 and beating rival Tesla. Meanwhile Elon Musk’s EV company has been targeted with a series of attacks and…
How new Gigafactories are staining Tesla’s brand
As Tesla expands its presence in Europe and elsewhere, the company's working conditions and heavy water usage and choice of location for its Gigafactories are coming under scrutiny.…
Tesla cuts 600 jobs in California amid mass layoffs
As part of Tesla's massive restructuring, the electric vehicle maker notified the California Employment Development Department this week that it is cutting approximately 600 more employees in California.…
Tesla makes progress in securing China’s approval for Self Driving Technology
Tesla's shares surged after the EV maker won tentative approval to deploy its Full Self-Driving system in China, as Elon Musk met high-ranking officials on a surprise visit to Beijing. Plus, the…
Tesla to join the S&P 500 in December
Tesla's shares jumped by over 10% following the news that the electric car company will be added to the US leading S&P 500 stock index. The inclusion follows a snub in September.…
Berlin Mercedes-Benz executive jumps ship for Tesla
The head of Berlin's Mercedes-Benz production facility has decided he'll be better off working for Tesla, which is building a Gigafactory just outside the city. Workers are not amused and are staging…
Massive sell-off of technology shares as Tesla sees record slump
Hundreds of billions of dollars have been wiped off the value of technology companies in recent days, after a major share sell-off. The electric carmaker Tesla was among the worst-hit companies, sliding…
Covid-19: 145 vaccines now in development with 34 in human trials already, Adidas unveils Man U jersey ad featuring DJ Cuppy and more
Here is why you should pick up a copy of The Guardian on Wednesday. Find these stories and much more when you grab a copy of The Guardian on the newsstands on…
Teutonic Tesla: Elon Musk’s busy week in Germany
The Tesla founder spent much of the week in Germany, hobnobbing with politicians and visiting sites of commercial interest. Between his ventures in mobility and vaccines, his stake in the country appears…