Tesla CEO Elon Musk’s father Errol Musk has been reportedly accused of child sexual abuse. A recent report by New York Times revealed that the 78-year old Errol Musk has been accused of child sexual abuse after the allegations from South Africa started surfacing and claimed that Musk engaged in abusive conduct involving a minor….
The rise of billionaires Elon Musk and Jeff Bezos is often framed around their entrepreneurial achievements. Musk, the founder of SpaceX and CEO of Tesla, and Bezos, the founder and former chief executive officer of Amazon, both reshaped industries and global commerce. Yet their educational journeys reveal contrasting paths that shaped their ambitions, and hint…
China’s state-owned carmakers are realigning their operations on the mainland, forming tie-ups with domestic partners after relying on foreign marques for decades, as they focus on electric vehicles (EV) in the world’s largest market for clean-energy cars. Juggernauts from FAW Group, mainland China’s oldest carmaker, to SAIC Motor, the country’s largest carmaker until 2023, are…
Elon Musk and U.S. President Donald Trump interacted with each other publicly for the first time since their feud, sharing a handshake and conversation during a memorial service for slain conservative activist Charlie Kirk. The reconciliation fulfilled Kirk’s longtime wish for the two men to mend relations, something he had openly discussed prior to his…
Chinese carmaker BYD outsold Tesla in the European Union for the second month in a row, registering three times as many new cars in August as it did a year earlier, news agency Reuters reported on September 25 citing data from the European Automobile Manufacturers’ Association (ACEA). The figures showed a rapid change in Europe’s…
Mexico’s proposed 50 percent tariffs on vehicles imported from China are set to deal a major blow to the country’s fast-growing electric vehicle market. What’s happening? According to reports from Reuters, the tariff targets electric and gasoline cars imported from all countries with which Mexico doesn’t have a free trade agreement, including South Korea, India,…
In the latest close session, Tesla (TSLA) was up +1.91% at $434.21. The stock’s change was more than the S&P 500’s daily gain of 0.44%. At the same time, the Dow added 0.14%, and the tech-heavy Nasdaq gained 0.7%. Shares of the electric car maker have appreciated by 25.31% over the course of the past…
The recent phone call between Chinese President Xi Jinping and US President Donald Trump signals a pivotal moment in the world’s most critical bilateral relationship. While tensions between the two powers have dominated headlines, the conversation – described as “pragmatic, positive and constructive” by China’s People’s Daily – hints at an emerging reality: the US…
China sold more EVs than any other nation last year, and insurance premiums collected from these cars touched 141 billion yuan. …Read More China sold more EVs than any other nation last year, and insurance premiums collected from these cars touched 141 billion yuan (REUTERS) The world’s largest electric vehicle market, China, is running into…
Tesla stock rose on news that CEO Elon Musk committed $1 billion of “his own money” to the purchase of new shares. Musk’s considerable investment in Tesla came to light after it was disclosed in a regulatory filing on Monday. He purchased the stock on Friday, Sept. 12, acquiring approximately 2.75 million $TSLA shares, priced…