Tesla Inc
Tesla exec leading development of chip tech and Dojo supercomputer is leaving company
Tesla’s vice president of hardware design engineering, Pete Bannon, is leaving the company after first joining in 2016 from Apple, CNBC has confirmed. Bannon was leading the development of Tesla’s Dojo supercomputer and reported directly to Musk. Bloomberg first reported on Bannon’s departure, and added that Musk ordered his team to shut down, with engineers […]
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India isn’t flinching: Why Trump might be misreading India’s tariff playbook
US President Donald Trump and Indian Prime Minister Narendra Modi hold a joint press conference in the East Room of the White House in Washington, DC, on February 13, 2025. Andrew Caballero-Reynolds | Afp | Getty Images India’s stock market showed little sign of panic a day after the U.S. announced a 50% tariff on […]
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Amazon’s Zoox robotaxi unit clears regulatory hurdle, safety probe
Amazon’s Zoox robotaxi unit is ramping up vehicle production at a new facility in Hayward, California. Zoox Amazon‘s Zoox has cleared a key regulatory hurdle, paving the way for demonstrations of its self-driving robotaxis. The National Highway Traffic Safety Administration said Wednesday that it granted Zoox an exemption from some requirements, a first for U.S.-built […]
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Musk says Tesla is training an upgraded Full Self-Driving model which could be released next month
The Tesla Motors Inc. logo. Michael Short | Bloomberg | Getty Images Tesla is now training a new Full Self-Driving model boasting “big” video improvements and size upgrades, CEO Elon Musk said Wednesday on social media. “Tesla is training a new FSD model with ~10X params and a big improvement to video compression loss. Probably […]
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Tesla co-founder JB Straubel is using old EV batteries to power AI data centers
As demand for energy skyrockets amid the rise of AI, one of Tesla‘s co-founders is betting on a new solution: giving old electric vehicle batteries a second-life. JB Straubel, who helped launch Tesla and served as its tech chief until 2019, founded Redwood Materials in 2017 to recycle batteries and build a closed-loop supply chain […]
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Tesla sales in Britain and Germany fall by more than 55% as China’s BYD soars
Tesla vehicles are parked outside of a dealership on July 24, 2025 in Austin, Texas. Brandon Bell | Getty Images Tesla‘s new car sales plummeted in both Britain and Germany in July, according to industry data published Tuesday, extending a protracted European downturn for the U.S. electric automaker. Data published by the U.K.’s Society of […]
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Stocks making the biggest moves midday: Figma, Joby Aviation, CommScope, Wayfair and more
Check out the companies making the biggest moves midday: Figma — The design company tumbled 22%, giving back a chunk of its initial public offering gains from last week. Figma began trading at the New York Stock Exchange on Thursday, with the stock more than tripling in value on its first day. On Friday, shares […]
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Stocks making the biggest moves premarket: On Semiconductor, Wayfair, Spotify, Tesla and more
Check out the companies making headlines before the bell: Berkshire Hathaway — Class B shares of Warren Buffett’s conglomerate dipped nearly 1% in premarket after Berkshire’s operating profit fell 4% year over year to $11.16 billion in the second quarter, affected by a decline in insurance underwriting. Buffett’s cash hoard of $344.1 billion remained near […]
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Tesla awards Musk $29 billion in shares with prior pay package in limbo
Tesla CEO Elon Musk was awarded an interim pay package of 96 million shares of the company over the weekend. The shares would be worth about $29 billion. Tesla stock climbed about 2% Monday. The company said in a filing Sunday that the pay package would vest in two years as long as Musk continued […]
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Tesla approves share award worth $29 billion to CEO Elon Musk
Tesla has granted CEO Elon Musk 96 million shares worth about $29 billion, a move aimed at keeping the billionaire entrepreneur at the helm as he fights a court ruling that voided his original pay deal for being unfair to shareholders. In 2024, a Delaware court voided Musk’s 2018 compensation package, valued at over $50 […]
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