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Tesla

Tesla Lays off Over 10 Percent of Its International Workforce

Tesla informed its employees that it is cutting over 10 percent of its worldwide staff, according to a memo obtained by Reuters on Monday. This decision comes as Tesla faces challenges such as declining sales and increased competition in...

Elon Musk Says OpenAI Poaching Tesla Engineers

Elon Musk claims he is going to raise salaries for Tesla engineers because Sam Altman's OpenAI, the world leader in generative artificial intelligence, keeps trying to poach them. Has OpenAI been poaching Tesla engineers from Elon Musk? On Wednesday, news came...

Jeff Bezos Topples Elon Musk to Reclaim Title of World’s Richest Man

Jeff Bezos has dethroned Elon Musk to reclaim his title as the world’s richest man. The Amazon founder’s net worth currently stands at $200 billion, topping the Tesla chief’s $198 billion, the Bloomberg Billionaires Index showed on Tuesday. Bezos has gained...

Tesla’s Optimus Robot Takes Stroll Around Lab in New Video

Tesla has shared a new clip of the Optimus robot, showing off how smoothly the humanoid bot can walk around. The 80-second video, which has already been viewed more than two million times in less than 24 hours, was captioned:...

Judge Rules Elon Musk’s $56bn Tesla Pay Package ‘Excessive’

On Tuesday, a Delaware court made a decision that supported the investors who argued that billionaire Elon Musk's $56 billion Tesla compensation package was too high. The judge found that Musk’s compensation was inappropriately set by the electric vehicle maker’s...

Elon Musk Loses His Spot as World’s Richest Person

Forbes' billionaire list shows Elon Musk is no longer the world's richest person, having been overtaken by Bernard Arnault, head of Louis Vuitton Moet Hennessy (LVMH). With a net worth of 208.8 billion dollars, Bernard Arnault now tops Forbes' Real-Time...

Elon Musk Visits Auschwitz After Antisemitism Claims

SpaceX and Tesla founder Elon Musk paid a visit to Auschwitz following tirades of criticism leveled against him for endorsing an antisemitic conspiracy theory. Leading Jewish figures urged Musk to see the Auschwitz death camp for himself after the tech...

Elon Musk Expects 1 Billion Humanoid Robots in 2040s

Elon Musk took to social media to express his agreement with a fellow tech leader’s prediction that there will be about 1 billion humanoid robots on Earth in two decades. Musk took to X, formerly Twitter, to concur with the...

Elon Musk Seeks Additional Voting Power to Control More of Tesla

On Monday, Elon Musk, the CEO of Tesla and SpaceX, as well as the owner of the social network X (formerly Twitter), expressed his desire to have control of over 25 percent of the voting power in his electric vehicle...