Shares of Elon Musk’s Tesla popped 10% on Monday following the debut of its self-driving “Robotaxi” fleet — the first major test of technology that the billionaire has promised will transform the company’s business. Tesla shares were trading at about $354 per share as a handpicked group of influencers who participated in the trial run…
Tesla has signed an agreement to build a grid-scale battery energy storage facility in China, marking the company’s first such project in the country. According to reports from Chinese media outlet Yicai, the 4 billion yuan ($556 million) deal involves Tesla, the Shanghai municipal government, and China Kangfu International Leasing. Tesla confirmed the project via…
AUSTIN — Elon Musk’s “company town” in coastal South Texas will have the power to shut down beaches and highways for SpaceX rocket launches under a new bill passed by state lawmakers. The proposal was among a few legislative wins for Musk and a newly formed city, Starbase, led by current and former employees of…
We have put together stories from our coverage last weekend to help you stay informed about news across Asia and beyond. If you would like to see more of our reporting, please consider subscribing. 1. Trump claims US ‘obliterated’ Iran nuclear sites, threatens more attacks 2. How much of a future does Elon Musk really…
Elon Musk promised in 2019 that driverless Tesla “robotaxis” would be on the road “next year,” but it didn’t happen. A year later, he promised to deliver them the next year, but that didn’t happen either. Despite the empty pledges the promises kept coming. Last year in January, Musk said, “Next year for sure, we’ll…
Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. Joe—my commanding officer for the day, all buzz-cut and uniform—pulled the vehicle around. It was big, all right. He had chosen this one from a fleet of 10, staged in formation, different colors, awaiting…
Tesla’s long-hyped robotaxi was launched on Sunday afternoon, as per CEO Elon Musk who announced the rollout on his platform X (formerly Twitter). The first rides, priced at a flat $4.20 are now being offered in parts of Austin using driverless Tesla Model Y vehicles, stated a Reuters report. Several Tesla robotaxis were spotted Sunday…
Telegram CEO Pavel Durov recently gave intriguing ‘one-sentence’ personality assessments for his tech rivals including Tesla CEO Elon Musk, Meta CEO Mark Zuckerberg and OpenAI CEO Sam Altman. Speaking to a French publication Le Point, Durov offered a sharp assessments for the three tech CEOs. What Telegram CEO Pavel Durov said about Tesla Elon Musk…
Ken Martin speaks at the Democratic National Committee Winter Meeting at the Gaylord National Resort and Convention Center in National Harbor, Md., on Sat., Feb. 1, 2025. Rod Lamkey, Jr. | AP Photo The Republican National Committee has almost five times the cash on hand as its Democratic counterpart, as Democrats seek to regain their…
Elon Musk’s ambitious plans to launch Tesla’s robotaxi service in Austin this month have hit political resistance. A group of Democratic lawmakers from the Austin area has formally requested the company to delay the rollout until September, when new autonomous vehicle regulations are set to take effect in Texas. The lawmakers argue that waiting for…