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Keywords: Tesla
Tesla has awarded 96 million shares—worth approximately $29 billion—to CEO Elon Musk, despite an ongoing legal battle surrounding his controversial compensation package. According to a filing with the U.S. Securities and Exchange Commission on Monday, Musk was authorized to purchase the......
Tesla’s stock price plunged more than 5% in premarket trading on Tuesday as tensions between President Donald Trump and billionaire Elon Musk intensified. The feud, which has centered on government subsidies and congressional spending, has shaken investor confidence, pushing Tesla shares below......
Tesla has officially entered the Moroccan market by creating a local subsidiary headquartered in Casablanca. The move positions Morocco as a key hub for Tesla’s operations in North Africa and a launchpad for its broader ambitions across the African continent. The subsidiary, established on May......
The escalating feud between Elon Musk, CEO of Tesla, and former US president Donald Trump has triggered a sharp sell-off in Tesla shares, wiping out roughly $150 billion in market value. On Thursday, Tesla stock plunged 14%, marking one of its steepest declines in recent months as tensions between the......
Elon Musk, the CEO of Tesla and a close associate of U.S. President Donald Trump, has entered a heated dispute with the administration over its latest budget proposal. Musk’s outspoken criticism of Trump’s massive tax reform plan triggered a sharp fallout, leading to a dramatic drop in Tesla......
Tesla's electric vehicle sales in the European Union dropped by half in April, while Chinese manufacturers gained ground during the same period, according to data released on May 27 by industry sources. The sharp decline is attributed to the controversial stance of Tesla’s CEO, Elon Musk, particularly......
Tesla’s plans to import components from China for its new Cybercab and Semi electric truck models have been put on hold due to rising tariffs imposed by former President Donald Trump, according to a source familiar with the matter. These tariffs, introduced as part of an ongoing trade war with......
What began as an April Fool's joke has escalated into widespread misinformation regarding Tesla's supposed investment in a factory in Morocco. Claims circulated widely on social media and various Moroccan news outlets that Tesla would establish its first African factory in Kenitra, with an investment......
Tesla has officially announced its establishment in Morocco, marking the company’s first African factory in the free zone of Kénitra, near the Tanger Med port. This strategic project, previously kept under wraps, is valued at $5 billion and is expected to create around 25,000 jobs, with......