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Keywords: Tesla


U.S. stock futures fall as rate cut hopes fade

U.S. stock futures dropped sharply on Friday morning as investor optimism over a Federal Reserve interest rate cut in December dwindled, following a tumultuous trading session that marked Wall Street’s steepest losses in over a month. Futures tied to the Dow Jones Industrial Average fell by 0.6%,......

Tesla Cybertruck chief resigns amid plummeting sales

Siddhant Awasthi, the leader of Tesla’s Cybertruck program since its inception, announced his resignation on Sunday evening, marking another high-profile departure from the electric vehicle giant as the futuristic pickup faces a steep decline in sales. A career shaped at Tesla Awasthi, who joined......

Tesla begins recruitment in Morocco, signaling regional expansion plans

Tesla has officially commenced recruitment efforts in Morocco, marking a significant step in its African expansion strategy. The electric vehicle giant is seeking a Country Sales & Delivery Leader to spearhead its operations in the country, signaling the start of commercial activities in Morocco. The......

Tesla recalls over 63,000 Cybertrucks to fix lighting defect

Tesla has issued a recall for 63,619 Cybertrucks in the United States due to an issue with overly bright front parking lights, which could pose a safety risk to oncoming drivers. The vehicles, produced between November 13, 2023, and October 11, 2025, will receive a free over-the-air (OTA) software update......

ISS urges Tesla shareholders to reject Elon Musk’s $1 Trillion pay package

An influential proxy advisory firm has called on Tesla shareholders to vote against CEO Elon Musk’s massive $1 trillion compensation plan, warning that the proposal raises “significant concerns” about its size and structure. In a report released Friday, Institutional Shareholder Services......

Tesla pauses Optimus robot production to fix major hand and arm design flaws

Tesla has suspended mass production of its humanoid robot, Optimus, after engineers identified critical design flaws in the robot’s hands and arms, components essential for performing precise, real-world tasks. According to TechSpot, the company has temporarily halted rollout plans to redesign......

Elon Musk’s fortune surpasses 500 billion dollars, the highest in the world

Elon Musk’s net worth briefly crossed the threshold of 500 billion dollars on Wednesday, consolidating his position as the world’s richest person, according to Forbes. The Tesla and SpaceX CEO reached 500.1 billion dollars before his fortune dipped back to 499.1 billion, as reported by Forbes’......

Teen’s body found in Tesla linked to viral musician sparks investigation

Police in Los Angeles are investigating the mysterious death of 15-year-old Celeste Rivas, whose body was discovered in the trunk of a Tesla registered to viral musician d4vd (David Anthony Burke). The decomposed remains were found on September 8 in Hollywood Hills, months after Rivas was reported missing......

Elon Musk’s $1 billion Tesla stock buy sparks investor optimism amid EV market challenges

Elon Musk has made a bold move to reinforce confidence in Tesla, purchasing nearly $1 billion worth of its stock in open-market transactions. This marks his first such acquisition since 2020, as Musk acquired approximately 2.57 million shares at prices ranging from $372.37 to $396.54 per share. The transaction......