Tesla News

Samsung's Q2 Operating Profit Plummets by 55% Amid Semiconductor Struggles and Global Chip Challenges

Samsung Electronics reports a 55.2% drop in Q2 operating profit to $3.37B, with semiconductor division profits plummeting by 94% due to US export restrictions and low utilization r...

Tesla's Groundbreaking AI Chip Deal with Samsung Signals a Major Leap in 2nm Technology

Samsung Electronics secures a major order from Tesla for next-gen AI chips, showcasing its 2nm process technology's yield and stability. This deal could mark a turning point for Sa...

Elon Musk Announces Samsung's Texas Fab to Exclusively Produce Tesla's Next-Gen AI6 Chips in $16.5B Deal

Elon Musk confirms Samsung's Texas fabrication facility will exclusively produce Tesla's next-generation AI6 chips under a $16.5 billion deal, with TSMC handling the AI5 chip produ...

Elon Musk Boldly Predicts Tesla Could Reach a Staggering $20 Trillion Valuation with Flawless Execution

Elon Musk predicts Tesla could hit a $20 trillion valuation with perfect execution, despite recent Q2 earnings showing a 12% revenue drop to $22.5 billion and a subsequent stock se...

Elon Musk Advocates for Balanced Control Over Tesla to Safeguard Its Future

Elon Musk discusses the balance of control he believes is necessary to guide Tesla effectively, expressing concerns over his current stake and the potential for activist shareholde...

US Stock Futures Climb as Trade Deals with Indonesia, Japan, and Philippines Near Completion

US stock futures rise as Washington finalizes trade deals with Indonesia, Japan, and the Philippines. Tech giants Alphabet and Tesla are set to post financial results, with the Dow...

US Stock Futures Climb as Investors Eye Big Tech Earnings and Upcoming Tariff Deadlines

US stock futures rise as investors anticipate earnings from tech giants Alphabet and Tesla, and US Commerce Secretary sets a "hard deadline" for tariff payments, reigniting trade d...

Tech Titans and Financial Giants: A Week of High-Stakes Earnings Reports from Tesla to Alphabet

The upcoming week is crucial for investors as major tech and financial companies, including Alphabet and Tesla, announce their earnings. With expectations of growth and challenges,...

Elon Musk Stands Firm: No Merger Between xAI and Tesla, Sparks Investor Debate

Elon Musk opposes the merger between xAI and Tesla, sparking investor debate. Tesla investors to vote on xAI investment, while SpaceX rumors a $2 billion stake. xAI aims for a $200...

Elon Musk Announces Tesla Shareholders to Decide on xAI Investment Amid SpaceX's $2 Billion Commitment

Elon Musk has announced that Tesla's potential investment in xAI will be decided by a shareholder vote, while SpaceX commits $2 billion to the AI venture. This highlights the signi...

Panasonic Delays Kansas EV Battery Plant Expansion Amid Tesla Sales Challenges

Panasonic delays full production at its Kansas EV battery plant due to Tesla's sales struggles, postponing the 30 gigawatt-hours annual capacity target without setting a new timeli...

Elon Musk Announces Tesla's Integration with AI Chatbot Grok by Next Week

Elon Musk announces the integration of xAI's chatbot Grok into Tesla vehicles by next week, amidst controversy and the unveiling of Grok 4, claimed to surpass all graduate students...

Volkswagen Surpasses Expectations with a 1.2% Rise in Q2 Deliveries, Outshining Tesla in Europe

Volkswagen AG reports a 1.2% increase in Q2 2025 deliveries, with South America leading growth. The company also overtakes Tesla in European electric vehicle registrations, showcas...

VinFast Challenges Tesla in India: A $500 Million Bet on Electric Future with RoadGrid Partnership

VinFast, Vietnam's electric vehicle giant, partners with RoadGrid to enter India's EV market, investing $500 million in a manufacturing plant in Tamil Nadu. The move positions VinF...

Panasonic Announces Global Workforce Reduction: 10,000 Jobs Cut to Enhance Profitability

Panasonic plans to cut 10,000 jobs globally to improve profitability, targeting operational efficiencies amid a forecasted decline in net profit and sales. The move reflects challe...

Elon Musk Accuses Wall Street Journal of Ethical Breach Over False Tesla CEO Report

Elon Musk criticizes the Wall Street Journal for publishing a false report about Tesla seeking a new CEO, calling it an ethical breach. Tesla's board also denied the claims.

Elon Musk Accuses Wall Street Journal of Ethical Breach Over Misleading Tesla CEO Report

Elon Musk and Tesla's board have vehemently denied a Wall Street Journal report about searching for a new CEO, calling it "absolutely false" and accusing the WSJ of ethical breache...

Elon Musk Reaffirms Commitment to DOGE While Shifting Focus Towards Tesla's Future

Elon Musk clarifies he's not leaving DOGE but will reduce his time there to focus more on Tesla, following the company's earnings call. This move highlights his shifting priorities...

Elon Musk Reaffirms Commitment to DOGE While Shifting Focus Back to Tesla

Elon Musk confirms he's not leaving DOGE but will reduce his involvement to focus more on Tesla, as announced during Tesla's earnings call and clarified in a post on X.

OpenAI Strikes Back: Counter-Lawsuit Against Elon Musk Unveils Battle for AI's Future

OpenAI Inc. countersues Elon Musk over alleged bad-faith tactics, revealing a power struggle and Musk's failed attempt to merge OpenAI with Tesla. The legal battle underscores the ...

March Sees a Remarkable 14.4% Surge in China's Car Sales, Led by New Energy Vehicles

China's car sales in March saw a 14.4% annual increase, with new energy vehicles making up over half of the sales. Tesla's sales dipped, while BYD reported significant growth.

China's March Car Sales Skyrocket: A 14.4% Surge Led by New Energy Vehicles

China's car sales in March saw a 14.4% annual increase, with new energy vehicles making up over half of the sales. Tesla's sales dropped, while BYD Auto reported significant growth...

China's March 2025 Car Sales Skyrocket: NEVs Lead with a 38% Yearly Surge

In March 2025, China's passenger vehicle sales surged by 14.4% annually, with new energy vehicles (NEVs) leading the charge, accounting for over half of all sales. Tesla saw a decl...

March Marks a Significant Surge in China's Car Sales with NEVs Leading the Charge

China's car sales in March saw a 14.4% annual increase, with new energy vehicles accounting for over half of the sales. Tesla's sales declined, while BYD reported significant growt...

Dow Surges 230 Points Amid Anticipation of Trump's Tariff Announcement

US stocks closed higher as investors awaited President Trump's tariff announcement, with significant gains in the Dow, Nasdaq, and S&P 500. Updates on Tesla, Amazon, and TikTok als...

Swedish Insurance Giant Folksam Group Cuts Ties With Tesla Over Union Rights Dispute

Folksam Group, a Swedish insurance leader, has sold its Tesla shares due to disagreements over Tesla's handling of employee union rights, marking a significant stance on corporate ...

Elon Musk Slams Governor Tim Walz for Mocking Tesla's Stock Decline, Highlights Impact on Minnesota Retirees

Elon Musk criticizes Minnesota Governor Tim Walz for mocking Tesla's stock decline, highlighting the potential negative impact on state pension funds and retirees. Walz's comments ...

Elon Musk Reveals Tesla's Significant Struggle with New US Auto Tariffs

Elon Musk states that Tesla is significantly affected by the new US auto tariffs announced by President Trump, which impose a 25% charge on imported cars and auto parts, with excep...

Trump Defends Elon Musk as a True Patriot Amid Tesla Controversies

President Donald Trump praises Elon Musk as a patriot amid Tesla controversies, stating Musk has never asked for favors. Trump also hints at possible left-wing billionaire involvem...

Stocks Soar as Traders Bet on Trump's Tariff Strategy: Dow Jumps 600 Points

U.S. stock markets experienced significant gains as traders reacted positively to President Trump's tariff proposals on foreign goods, with the Dow Jones Industrial Average rising ...

Wall Street Rallies: Dow Jumps Over 300 Points as Tariff Fears Ease

Wall Street rebounds as Dow gains over 300 points, with Amazon and Tesla leading the surge. Reports suggest upcoming U.S. tariffs may be less severe, easing market fears.

Wall Street Surges: Dow Jumps Over 300 Points as Tariff Fears Ease

Wall Street sees a strong rebound as fears over upcoming U.S. tariffs ease. The Dow Jones gains over 300 points, with Amazon and Tesla leading the surge. The euro remains stable ag...