German authorities have serious indications of possible data protection violations by Tesla, Handelsblatt newspaper reported on Thursday, citing the data protection office in the state where the carmaker has its European gigafactory. Handelsblatt’s report said the US electric car manufacturer has failed to adequately protect data from customers, employees, and…
Elon Musk on Tuesday said a new Twitter chief executive will let him devote more time to Tesla, but that he will continue to tweet his unfiltered thoughts even if it hurts his businesses. “I don’t care,” the billionaire said during a CNBC interview when asked what he thought of…
Elon Musk on Friday took to Twitter to announce the name of the new Twitter CEO. As his tweets confirmed, NBCUniversal’s Linda Yaccarino has been hired to take over Musk’s role as the CEO of the social media company. Sharing about her job responsibilities at Twitter, Musk mentioned that her she…
Elon Musk‘s selection of a new CEO for Twitter may remove a big distraction for the billionaire and allow him to focus more on Tesla, which has been struggling with a drop in demand for its electric vehicles, analysts said. Shares of the world’s most valuable electric vehicle maker, which…
Twitter CEO Elon Musk said on Thursday that he has found a new chief executive for the social media platform without naming his replacement. “Excited to announce that I’ve a new CEO for X/Twitter. She will be starting in ~6 weeks!,” Musk said in a tweet. Musk said he will…
Used electric vehicle sales in the United States rose 32 percent in the first three months of 2023 as prices fell, data provider Cox Automotive said on Friday. The group said the average retail listing prices for used EVs was around $43,400 (nearly Rs. 35 lakh), down 4 percent from the…
Elon Musk asked a US judge on Friday to throw out a $258 billion (roughly Rs. 21,20,200 crore) racketeering lawsuit accusing him of running a pyramid scheme to support the cryptocurrency Dogecoin. In an evening filing in Manhattan federal court, lawyers for Musk and his electric car company Tesla called the…
Nissan Motor on Monday raised its electrified car sales goals and said it would boost power train production in the United States, as it looks to catch up in a segment dominated by newer automakers such as Tesla. The Japanese automaker was a pioneer in electric vehicles (EVs) with its…
Elon Musk’s team has been exploring using as much as $3 billion in new fundraising to help repay some of the $13 billion in debt tacked onto Twitter for his buyout of the company, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. According to the…
Elon Musk took the witness stand Friday to defend a 2018 tweet claiming he had lined up the financing to take Tesla private in a deal that never came close to happening. The tweet resulted in a $40 million (roughly Rs. 323 crore) settlement with securities regulators. It also led…
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