What the chaotic launch of Tesla’s Cybertruck tells us about Elon Musk | Arwa Mahdawi | Opinion

What goes down Musk go up, according to Tesla’s third law of Twitter-based motion. On Thursday, Elon Musk’s net worth plunged by $768m (£588m) after Tesla unveiled its ugly new Cybertruck. “It is literally bulletproof to a 9mm handgun,” Musk proudly announced of the futuristic take on a pickup truck. The company’s design chief then […]

Continue Reading
Tesla cybertruck: 150,000 orders placed despite launch fiasco, says Elon Musk

Tesla cybertruck: 150,000 orders placed despite launch fiasco, says Elon Musk

Elon Musk said on Saturday that there have been about 150,000 orders thus far for Tesla’s Cybertruck, which was unveiled late on Thursday. “146k Cybertruck orders so far, with 42 per cent choosing dual, 41 per cent tri & 17 per cent single motor”, Mr Musk said in a tweet, adding separately that the orders were […]

Continue Reading

‘Armour glass’ windows on new Tesla Cybertruck shatter during demonstration – video | Technology

A demonstration intended to show the strength of the windows on Tesla’s first pickup truck went wrong when one of the team threw a metal ball at them. The futuristic Cybertruck was unveiled in Los Angeles on Thursday. Production is expected to begin in late 2021 Source link

Continue Reading
'Future is electric': Porsche sets out plans to battle Tesla in US

‘Future is electric’: Porsche sets out plans to battle Tesla in US

By AFPMore by this Author More than half the cars produced by Porsche will be electric by 2025, the German manufacturer’s North American chief said Tuesday as he set out plans to overtake market leader Tesla. “The future is electric,” Klaus Zellmer told the Los Angeles Auto Show, adding that the brand’s commitment to battery-powered […]

Continue Reading
Walmart sues Tesla over solar panels it says caused multiple fires | Business

Walmart sues Tesla over solar panels it says caused multiple fires | Business

Walmart has sued Tesla, saying solar panels supplied by the electric carmaker were responsible for fires at about seven of its stores. The fires destroyed significant amounts of store merchandise and required substantial repairs, totaling hundreds of thousands of dollars in out-of-pocket losses, according to a lawsuit filed in a New York court on Tuesday. […]

Continue Reading

Electric dreams? What you need to know about Tesla’s Model 3 | Money

Launched with the intention of being Tesla’s first mass-market electric car, the new Model 3 is smaller and simpler than the other vehicles in the Californian carmaker’s stable. And according to Tesla, the new saloon is the “more affordable” of the range – though with a starting price at just under £39,000, many would query […]

Continue Reading
Robotic Tesla taxis will be roaming the streets very soon, Elon Musk says

Robotic Tesla taxis will be roaming the streets very soon, Elon Musk says

Tesla plans to have a fleet of robotic taxis roaming the streets without drivers next year, Elon Musk has said. The claim is just the latest in a series of exciting pronouncements from the chief executive, who has repeatedly missed his own targets. But he has bet a considerable part of his business on the […]

Continue Reading
Tesla halts online sales of $35,000 Model 3 weeks after launching it

Tesla halts online sales of $35,000 Model 3 weeks after launching it

Tesla has removed its entry-level $35,000 Model 3 from online sale just weeks after launch. Chief executive Elon Musk has long touted the standard Model 3 as a watershed for the electric car industry that will bring the technology to the mass market. But the company has struggled to figure out a way to sell it at […]

Continue Reading

Tesla CEO Elon Musk in ‘clear violation’ of SEC restraint, court hears | Technology

The Tesla billionaire Elon Musk is in “clear violation” of a restraint issued by the US’s top financial watchdog after Musk inaccurately claimed last year he had a buyer for the company, a court heard on Thursday. A federal judge in New York heard oral arguments in a lawsuit brought by the Securities and Exchange […]

Continue Reading

James Murdoch favorite to replace Elon Musk as Tesla chairman – report | Technology

James Murdoch is the favourite to take over the chairmanship of volatile electric-carmaker Tesla from its embattled founder, Elon Musk. The son of newspaper, satellite TV and movie studio tycoon Rupert Murdoch is now the lead candidate for the Tesla chair, the Financial Times reported on Wednesday, citing two people briefed on the discussions. Musk […]

Continue Reading