
A jury orders Tesla to pay more than $240 million in Autopilot crash
Dillon Angulo, who was seriously injured in a Florida crash involving Tesla’s Autopilot driver assist technology, speaks to reporters outside
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Dillon Angulo, who was seriously injured in a Florida crash involving Tesla’s Autopilot driver assist technology, speaks to reporters outside

New York CNN — Tesla will hold a shareholder vote on whether Elon Musk’s carmaker should invest in his artificial intelligence startup xAI, the billionaire said Sunday. “If it was up to me, Tesla would have invested in xAI long ago,” Musk said in a post on his social media platform X, which itself is …
The post Tesla to hold shareholder vote on whether to invest in xAI appeared first on Egypt Independent.

CNN — Tesla’s troubles go far beyond CEO Elon Musk’s recent dust-up with President Donald Trump, who accused the former “first buddy” of going “completely ‘off the rails’” in a social media slap fight over the weekend. But while the battles between Musk and Trump are getting all the attention, the outlook for Tesla’s revenue …
The post Tesla is in deeper trouble than you think appeared first on Egypt Independent.

London CNN — Shares in Tesla tanked by as much as 7.6 percent in premarket trading Monday after its CEO Elon Musk said he is forming a new American political party, provoking an irate response from US President Donald Trump. Tesla stock (TSLA) later recovered some of its earlier losses but was still 6.5 percent …
The post Tesla stock tanks after Trump dismisses Musk’s new political party plan and calls him ‘off the rails’ appeared first on Egypt Independent.

New York CNN — Despite Elon Musk’s bold predictions, the Cybertruck is, officially, a flop. Tesla is deliberately opaque about its sales numbers on specific models, so you have to squint to get a sense of just how badly the company’s unique pickup truck is performing in the real world. But we definitely have some …
The post Why Tesla’s Cybertruck has been such a flop appeared first on Egypt Independent.

A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. New York CNN — There are three letters keeping Tesla bulls up at night: BYD. That’s the carmaker eating everyone’s lunch in China, the world’s biggest auto market, and rapidly gaining market share …
The post Tesla’s No.1 rival is practically taunting Elon Musk now appeared first on Egypt Independent.

Reuters — Tesla is recalling 46,096 Cybertruck vehicles in the United States to fix an exterior panel that could detach while driving, the latest in a series of call-backs for the pickup truck since last year. The recall is over issues related to the cant rail – a stainless-steel exterior trim panel – delaminating and …
The post Tesla to recall more than 46,000 Cybertrucks due to exterior panel issue appeared first on Egypt Independent.

New York CNN — Elon Musk’s DC power grab hasn’t been the Tesla-stock jet fuel investors were expecting. Tesla shares have fallen more than 40 percent since January — erasing all of the “Trump bump” that briefly saw the stock gain more than 90 percent after Election Day. Musk, whose wealth is overwhelmingly linked to …
The post Gravity may be finally catching up to Elon Musk as Tesla stock tumbles appeared first on Egypt Independent.

President Trump, accompanied by Tesla CEO Elon Musk and his son X Æ A-Xii, speaks next to a line of

A Tesla Cybertruck at a Tesla dealership on Dec. 20, 2024 in Corte Madera, Calif. A State Department procurement document