Tag Archives: Musk

Musk says Tesla, Samsung Electronics sign chip supply deal  Reuters Samsung Electronics signs $16.5 billion chip-supply contract in boost to foundry business; shares rise  CNBC Samsung to Produce Tesla Chips in $16.5 Billion Multiyear Deal  Bloomberg.com Samsung Elec signs $16.5 billion deal to make chips for global firm  Yahoo Finance Samsung signs $16.5 bn Tesla chip deal, Elon Musk confirms  The Economic Times Source link

It was just before lunchtime on its third day of operation, and the line outside Elon Musk’s new Tesla Diner in Hollywood already stretched to nearly 100 people. The restaurant has been billed as a “retro-futuristic” drive-in where you can grab a high-end burger and watch classic films on giant screens, all while charging your Tesla. After months of buildup …

Elon Musk is threatening to put third-party candidates on the ballot. Democrats are giddy.  Politico Big Tech can beat political parties at their own game  Financial Times Polls show Americans want a third party, but not Elon Musk’s  CNN What Musk’s fracture with Trump means for GOP’s future: ‘Beating heart of the Republican Party’  Fox News Tesla Call Eschews Politics. No Talk of Musk’s …

Yesterday, President Trump seemed to offer an olive branch to his former “first buddy,” Elon Musk, amidst their ongoing spat. In a post made to Truth Social, Trump claimed that he didn’t wish any harm on Elon or his businesses. “Everyone is stating that I will destroy Elon’s companies by taking away some, if not all, of the large-scale subsidies …

Tesla (TSLA, Financials) tumbled 9% Thursday after weak quarterly results and cautious comments from CEO Elon Musk but President Donald Trump took to social media to offer unexpected public support for the company. I want Elon, and all businesses within our Country, to THRIVE, Trump posted on Truth Social. The statement marked a notable shift in tone following a recent …

President Donald Trump said on Thursday that he won’t touch the federal subsidies Elon Musk’s companies are enjoying because he wants Musk to continue to prosper. Musk, however, begs to differ. “The ‘subsidies’ he’s talking about simply do not exist,” Musk wrote in an X post on the same day. The Trump administration has already scrapped or slapped expiry dates …

Elon Musk Tells Tesla Investors to Focus on a Future Filled With Robots, not EV Sales – WSJ  The Wall Street Journal Elon Musk revealed four major developments during Tesla’s earnings call — why they could be game-changers  USA Today Robo-Taxis to Cover About ‘Half the U.S. Population’ by End of 2025: Musk  Barron’s Tesla faces difficult road ahead as it hopes robotaxis …

Elon Musk has finally confirmed that Tesla’s new ‘affordable’ electric car is just going to be the Model Y in a cheaper format. Musk has ended months of speculations and misinformation, which he partly created, about Tesla’s upcoming cheaper electric vehicle model. Since last year, Tesla has guided “launching new affordable models” in the first half of 2025. We are …

Topline Shares of Tesla plunged Thursday morning, accounting for a more than $17 billion cut to Elon Musk’s net worth, after Musk warned his automaker would likely have a “few rough quarters” ahead as federal electric vehicle tax credits expire soon. Musk said his automaker “probably could have a few rough quarters” ahead as federal electric vehicle … More credits …

Facebook Tweet Email Link Elon Musk’s big promises apparently no longer seem to be enough for many Tesla investors. Shares of Tesla (TSLA) fell 9% on Thursday following another dismal earnings report, released after the bell Wednesday. Tesla’s earnings and revenue both fell by double-digit percentages following the biggest sales drop in the company’s history. The automaker also faces a …