A naukri.com initiative
Tesla News
Teslarati
1M
301
Image Credit: Teslarati
Goldman Sachs reduces Tesla price target to $285
- Goldman Sachs analysts have cut Tesla's price target from $295 to $285, maintaining a Neutral rating.
- The adjustment is a result of weak sales performance in the U.S., Europe, and China, with Tesla shares down almost 18% in the past week.
- Tesla's Q2 delivery projections have been revised to 335,000 to 395,000 vehicles, significantly lower than the prior estimate of 410,000.
- Despite regional challenges, Tesla's financials remain strong, with a significant market capitalization of $917 billion and a focus on innovation and supply chain resilience.
Read Full Article
18 Likes
Teslarati
1M
355
Image Credit: Teslarati
SpaceX Dragon to carry Axiom’s Ax-4 crew for ISS research
- Axiom Space’s Ax-4 mission, launched on a SpaceX Dragon spacecraft, will carry a historic international crew to the International Space Station (ISS) for a 14-day mission focused on groundbreaking microgravity research.
- The Ax-4 crew will include Commander Peggy Whitson from the United States, Pilot Shubhanshu Shukla from India, and mission specialists from Poland, the European Space Agency, and Hungary, marking a historic return to human spaceflight for these nations.
- The Ax-4 mission's research portfolio will include 60 scientific studies from 31 countries, focusing on human research, Earth observation, life sciences, and material sciences, with key investigations on insulin-dependent diabetes, microgravity's impact on the brain, cancer growth, blood stem cells, and more.
- Axiom Space's partnerships with research organizations aim to deepen understanding of spaceflight's effects on the human body, with potential applications for Earth-based healthcare, highlighting SpaceX's pivotal role in commercial spaceflight and scientific discovery.
Read Full Article
21 Likes
CarExpert
1M
377
Image Credit: CarExpert
Donald Trump says Elon Musk ‘went crazy’ over US EV subsidy cuts
- US President Donald Trump and Tesla CEO Elon Musk's relationship has deteriorated publicly over a dispute involving electric vehicle (EV) subsidies.
- President Trump accused Musk of going 'crazy' after removing his EV Mandate and called to terminate his governmental subsidies and contracts.
- Musk opposed a bill proposed by President Trump to grow the deficit, called for EV subsidies to be scrapped, leading to a public back-and-forth on social media.
- JP Morgan estimated that the loss of the EV tax credit could cost Tesla around US$1.2 billion annually, leading to a 15% fall in Tesla's share price and impacting its market cap.
Read Full Article
22 Likes
Insider
1M
179
Image Credit: Insider
How the nasty feud between Trump and Musk unfolded minute by minute
- Elon Musk and Donald Trump's friendship unraveled publicly over a tax bill dispute.
- Musk criticized Trump's tax bill, calling it the 'Big Ugly Spending Bill.'
- Their relationship fractured with Musk opposing Trump's spending bill.
- Trump uncharacteristically stayed silent initially regarding Musk's criticism.
- The public disagreement unfolded with Musk digging up Trump's old posts to counter his views.
- Trump responded to Musk's attacks during a press appearance, addressing the EV mandate issue.
- Musk continued to tweet in real-time in response to Trump's remarks.
- Their feud escalated with Musk polling about creating a new political party and renaming Trump's bill.
- Musk dared Trump to cancel government contracts, leading to further exchanges.
- The dispute further intensified with Musk accusing Trump and making decisions regarding SpaceX.
Read Full Article
10 Likes
Discover more
Insider
1M
98
Image Credit: Insider
Elon Musk just had one of his biggest single-day net worth losses
- Elon Musk's net worth took a hit following a public feud with President Donald Trump.
- Tesla shares dropped by 14%, resulting in a $138 billion loss in the company's market cap.
- Bloomberg Billionaires Index estimated a $34 billion reduction in Musk's net worth post the incident.
- Musk's criticism of Trump led to threats from the President to cancel federal contracts with Musk's companies.
Read Full Article
5 Likes
Teslarati
1M
301
Image Credit: Teslarati
Tesla adds useful Model 3/Y feature home chargers will love
- Tesla has added a new feature in software update 2025.20 for Model 3 and Model Y owners who use third-party chargers.
- Owners can now unlatch the charging cable by pulling and holding the rear left door handle for three seconds, making it easier to stop charging sessions.
- This feature is especially helpful for those using home or other chargers with NACS adapters that may not have an unlatch button or require manual unlocking.
- The update simplifies the process of releasing the charge cable without having to access the trunk, enhancing user experience for Tesla EV owners.
Read Full Article
18 Likes
Guardian
1M
202
Image Credit: Guardian
Tesla share plunge amid Trump feud wipes $152bn off Elon Musk’s company
- Tesla's shares dropped by about 14.2% on Thursday, resulting in a loss of roughly $152bn off the company's value in a feud between Elon Musk and Donald Trump.
- Trump threatened to cut Musk's government subsidies and contracts, while Musk retaliated by threatening to decommission SpaceX spacecraft relied on by NASA.
- The decline in Tesla's share price also decreased Musk's net worth by $8.73bn and the company's value to approximately $900bn.
- The public and personal feud between Musk and Trump could potentially impact Musk's businesses, like Tesla, with canceled government deals or increased regulatory scrutiny.
Read Full Article
12 Likes
Bitcoinsensus
1M
35
Image Credit: Bitcoinsensus
Tesla Market Value Crashes $150B As Musk & Trump Clash Over EV Tax Credits
- Elon Musk and former President Donald Trump, who had a positive relationship, are now at odds over the 'One Big Beautiful Bill Act.'
- The bill aims for economic reforms but faces criticism for cutting social programs and removing federal tax credits for electric vehicles.
- The public clash between Trump and Musk led to threats of revoking government contracts for Musk's companies and Musk calling the bill an abomination.
- As a result of the feud, Tesla's market value dropped by $150 billion, with shares plummeting 14.3% in one trading session.
Read Full Article
2 Likes
Teslarati
1M
49
Image Credit: Teslarati
SpaceX to decommission Dragon spacecraft in response to Pres. Trump war of words with Elon Musk
- SpaceX will decommission its Dragon spacecraft in response to the war of words between President Trump and CEO Elon Musk.
- President Trump and Musk have engaged in a heated exchange over disagreements on the 'Big Beautiful Bill' and government subsidies.
- Musk announced that Dragon, responsible for ISS missions, will be decommissioned due to Trump's threats to terminate SpaceX's contracts.
- Dragon has completed 51 missions, including carrying astronauts to the ISS, and its decommissioning may impact future government projects involving SpaceX.
Read Full Article
2 Likes
Insider
1M
233
Image Credit: Insider
Tesla stock tumbles the most since March as Musk and Trump exchange barbs over spending bill
- Tesla stock dropped 14%, the most since March, following a spar between Trump and Elon Musk over the budget bill.
- The feud led to Tesla shares plunging as much as 18% on Thursday, marking its biggest intraday drop since September 2020.
- Shares of the carmaker closed 14% lower, the largest closing loss since March, amid the ongoing disagreement.
- The conflict between Trump and Musk has impacted Tesla's stock, with concerns rising about potential punitive actions affecting the company.
Read Full Article
14 Likes
Arstechnica
1M
62
Image Credit: Arstechnica
What would happen if Trump retaliated against Musk’s companies?
- A schoolyard brawl erupted online between President Donald Trump and Elon Musk as they traded insults and threats.
- Trump threatened to terminate Musk's federal contracts to save money in the budget.
- The conflict between the two escalated with Musk suggesting Trump was in the Epstein files.
- The public spectacle showcased the deteriorating relationship between the two prominent figures.
Read Full Article
3 Likes
The Verge
1M
391
Image Credit: The Verge
Let’s all do a dramatic reading of Trump and Musk’s mean posts
- Donald Trump and Elon Musk are publicly torching their relationship through posts on social media networks they own.
- Musk began criticizing the Big Beautiful Bill that eliminated EV tax credits, leading Trump to express disappointment in Musk.
- Trump mentioned uncertainty about the future of their relationship, stating, 'Elon and I had a great relationship. I don't know if we will anymore.'
- The situation escalated with Musk denying seeing the bill and Trump expressing disappointment, hinting at cracks in their relationship.
Read Full Article
23 Likes
Insider
1M
211
Image Credit: Insider
Trump and Musk's relationship is imploding before our eyes
- Elon Musk and Donald Trump's public falling out is escalating quickly.
- The messy fallout between Musk and Trump was triggered by Trump's tax bill.
- Musk criticized Trump's tax bill, claimed credit for Trump's second term, and hinted at forming a new political party.
- Their relationship, once seen as a bromance, is now showing cracks, with Musk expressing doubts and Trump retaliating.
Read Full Article
12 Likes
Teslarati
1M
364
Image Credit: Teslarati
Tesla cites competitive harm in attempt to keep certain crash data private
- Tesla is trying to keep certain crash data private citing competitive harm from rivals in a lawsuit with NHTSA and the Washington Post.
- The company believes that releasing the data could reveal information about its self-driving strategy and the efficacy of its Full Self-Driving (FSD) suite, allowing competitors to assess the technology.
- While Tesla's FSD suite is praised for being robust, the company emphasizes that it still requires drivers to pay attention and be prepared to take over, as full autonomy has not been achieved yet.
- The NHTSA has been investigating Tesla accidents involving the FSD suite, and Tesla is preparing to launch its Robotaxi platform in Austin, facing media skepticism about the suite's capabilities.
Read Full Article
21 Likes
TechDigest
1M
314
Image Credit: TechDigest
UK Tesla sales slump by over one third in May amid Musk backlash
- Tesla's new car sales in the UK dropped by 36% in May compared to last year, selling only 2,016 vehicles.
- Rival Chinese manufacturer BYD saw a 407% increase in UK sales, surpassing Tesla in overall sales.
- The broader UK new car market grew by 1.6% in May, driven mainly by corporate fleets, while private buyer interest declined.
- Despite Tesla's sales slump, the UK electric vehicle market is expanding, with battery EV registrations up by over 25% and plug-in hybrid EVs rising by almost 51%.
Read Full Article
18 Likes
For uninterrupted reading, download the app