Musk Offers Assurance to Bankers: No Losses Expected on Loans for Twitter Acquisition, Report
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Ad sales reportedly fell due to Musk's support for antisemitism, prompting major advertisers to leave the platform. With $1.2 billion in annual interest payments, X faces financial challenges, risking bankruptcy if unable to meet obligations.
US DoJ begins investigating Tesla perks for Elon Musk
The DoJ is investigating the use of Tesla funds to bankroll a secret project -- known internally at Tesla as ‘Project 42’ -- for Musk to build a "glass house" for him in Texas.
Musk denies building a glass house for himself with Tesla money
Musk reacted after reports emerged that the Department of Justice (DoJ) and the Securities and Exchange Commission (SEC) are investigating the use of Tesla funds to bankroll a secret project -- known internally at Tesla as ‘Project 42’ -- for Musk to build a “glass house” for him in Texas.
Musk says Tesla fleet will reach 10 mn in few years
Recently, Musk performed a test drive of a Model 3 vehicle with the full self-driving software (FSD) beta V12 version, which was live-streamed on X (formerly Twitter) and received millions of views.
Tesla rival Xpeng acquires Chinese giant DiDi’s smart EV assets for $744 mn
DiDi Global and XPeng jointly announced a strategic cooperation where the two will collaborate to promote the global application of smart electric vehicles and technologies.
Grieving widow sues Musk's Tesla over husband's death
Jyung Woo Hahn, 46, died on March 12, 2022, when his Tesla malfunctioned and collided with a tree and burst into flames in New York.
Tesla didn’t fix Autopilot after fatal crash, company engineers admit: Report
According to Bloomberg, the engineers admitted this in a testimony in 2021 in a family’s lawsuit over a similar 2019 fatal Tesla collision that is now headed for a trial in the US.
Tesla Cybertruck spotted with Ford F-150 wrap: Report
Some people believe that the auto-maker is wrapping the Cybertruck prototypes to hide the final production design, while others speculate that the company is testing wraps since it is going to be the only way to make the vehicle look different
Tesla Cybertruck spotted with new darker camouflage wrap
A member of the Cybertruck Owners Club forum shared some images of the new Cybertruck wrap, reports Electrek. The wrap is darker and better at hiding the electric pickup truck’s design features. Earlier this month, the auto-maker had announced that it built the "first Cybertruck".
Tesla board 'probed' Musk's plan to build lavish glass house for himself
According to the Wall Street Journal, Tesla planned "Project 42" last year which called for a dramatic and unusual glass-walled building for Musk to come up near the automaker's headquarters in Texas. The secret project included renderings of a glass box with residential features, such as bedrooms, bathrooms and a kitchen, the report claimed, citing sources.