Elon Musk

The company also said that it will add two new factories -- a 100 GWh 4680 cell factory (with a capacity to produce enough batteries for 1.5 million light-duty vehicles annually), as well as its first high-volume Semi factory. "Semi is our fully electric combination truck, with 500 miles of range and energy consumption of less than 2 KWh per mile," said Tesla in a blogpost.

In the ongoing securities fraud trial, Musk was asked if his "$420-a-share price" was a weed joke to please his girlfriend, reports The Verge. "You rounded up to 420 because you thought that would be a joke that your girlfriend will enjoy, isn't that correct?" asked Nicholas Porritt, an attorney for a class of Tesla investors.

It all started when @NicoleBehnam tweeted: "Once you realise alcohol is a scam, everything changes. Alcohol ads use themes like happiness, prestige, sophistication, success, maturity, athletic ability, creativity, sexual satisfaction to target consumers. But the misuse of alcohol actually diminishes and ultimately destroys these qualities if you drink enough."

Moreover, a Twitter user known as "The Rabbit Hole" commented on Musk's tweet, asking, "Can individual users opt to monetise accounts through ads? Currently, advertisers reach out individually to users; creating a solution integrated with the platform will let Twitter take a cut and give creators a pathway to monetising our content".

About 50 employees in the company's product organisation are set to be let go in the coming weeks, reports Business Insider, citing sources. Hundreds of workers in Twitter's advertising, trust and safety, and monetisation departments were laid off two weeks ago, and layoffs in Singapore and Australia occurred just last week.

The plaintiffs argued that Musk's tweets about taking Tesla private, in which he said he had "funding secured", led them to lose millions of dollars. In a class-action lawsuit, Tesla shareholders who traded the company's stock in the days after Musk's tweet sued him "for billions of dollars in damages", reports The Verge.

"Instagram makes people depressed & Twitter makes people angry. Which is better?" he asked. Musk's comment created a barrage of reactions on what platforms people like the most. A follower posted that it is Microsoft-owned LinkedIn actually that makes people depressed, not Instagram. Musk replied with a fire sign.

In a recent interview with Ryan McCaffrey's podcast, Ride The Lightning, Holzhausen said that it felt like he was working on the Model S every day, reports Teslarati. "Even though we've just done a refresh, and it's a big improvement on the car, we're still looking at how we continue to make it better," Holzhausen said.

The least expensive EV, the Model 3 RWD, has dropped from $46,990 to $43,990, reports Engadget. Moreover, the 5-seat Model Y Long Range's price decreased 20 per cent from $65,990 to $52,990. As a result, the latter model is now eligible for the $7,500 US Federal Tax Credit, resulting in a final price reduction of $20,500 which is more than 30 per cent.

The automaker needed to sell 495,760 vehicles in its fourth quarter (Q4) to have achieved the 50 per cent growth guidance. In the fourth quarter, Tesla produced over 439,000 vehicles and delivered over 405,000 vehicles. In 2022, vehicle deliveries grew 40 per cent (year-on-year) to 1.31 million while production grew 47 per cent (on-year) to 1.37 million.