A naukri.com initiative
Tesla News
Teslarati
4d
735
Image Credit: Teslarati
Tesla could save $2.5B by replacing 10% of staff with Optimus: Morgan Stanley
- Morgan Stanley analyst suggests Tesla could save $2.5 billion by replacing 10% of its workforce with Optimus robots, each valued at $200,000 NPV.
- The potential savings on Tesla's workforce of 125,665 employees through the utilization of robots could significantly reduce labor costs.
- Elon Musk's involvement in U.S. politics and his idea of launching a new political party may divert attention and resources from Tesla's core operations, impacting TSLA stock.
- Morgan Stanley also highlighted caution on Tesla Energy's flat battery storage deployments, differing from expectations of 14 GWh in the second quarter.
Read Full Article
25 Likes
Evannex
5d
395
Image Credit: Evannex
EVs Are Crushing Oil Demand — With or Without U.S. Tax Credits
- EVs are significantly impacting oil demand, displacing over 2 million barrels of road fuel per day.
- Despite the U.S. reducing federal support for EVs, global adoption is increasing, with countries like China and the EU promoting electrification.
- Tesla plays a central role in the global shift towards EVs, influencing the industry with its efficient vehicles and charging infrastructure.
- Oil companies are adapting to the EV revolution, investing in lithium extraction, buying charging hardware, and expanding charging infrastructure to stay relevant in the changing energy landscape.
Read Full Article
23 Likes
Teslarati
5d
573
Image Credit: Teslarati
These Tesla, X, and xAI engineers were just poached by OpenAI
- OpenAI has reportedly poached high-level engineers from Tesla, xAI, and X, including David Lau, Uday Ruddarraju, Mike Dalton, and Angela Fan.
- The hiring spree is part of OpenAI's strategy to build world-class infrastructure, research, and product teams to accelerate the delivery of AI benefits.
- Elon Musk is currently in a legal battle with OpenAI over its shift towards a for-profit model and acceptance of a large investment from Microsoft.
- Optimistic projections suggest xAI may achieve profitability by 2027, while OpenAI aims for cash flow positivity by 2029.
Read Full Article
20 Likes
Teslarati
5d
287
Image Credit: Teslarati
SpaceX share sale expected to back $400 billion valuation
- SpaceX is considering an insider share sale that would value the company at $400 billion, surpassing its previous record of $350 billion.
- The valuation would represent the largest in history from a privately-owned company in the U.S., rivaled by companies like ByteDance and OpenAI.
- Key factors contributing to SpaceX's valuation include the growth of Starlink satellite internet, development of the Starship reusable rocket program, and successful payload launches for various entities.
- Despite some setbacks like a recent rocket explosion, SpaceX remains active in space missions, including launching Axiom's Ax-4 astronauts to the ISS for scientific research.
Read Full Article
17 Likes
Discover more
Teslarati
5d
295
Image Credit: Teslarati
Tesla Giga Texas continues to pile up with Cybercab castings
- Tesla is accumulating a significant number of Cybercab castings around the Giga Texas complex, indicating preparation for the vehicle's trial production later this year.
- Drone operator Joe Tegtmeyer captured images of approximately 180 front and 180 rear Cybercab castings at the facility.
- The Cybercab is expected to be Tesla's first vehicle to utilize the 'unboxed' process, with volume production slated for 2026.
- Speculations suggest that the initial trial production of the Cybercab could commence this year, coinciding with Tesla's Robotaxi service launch in Austin.
Read Full Article
17 Likes
Bitcoinist
5d
270
Image Credit: Bitcoinist
Trump Vs. Musk Gets Ugly—Could Crypto Take A Hit In The Crossfire?
- US President Donald Trump criticized Elon Musk's plans for a new political group, the 'America Party,' with Musk proposing a third option for voters dissatisfied with the two main parties.
- Musk had slammed the 'Big Beautiful Bill,' a large spending package in Congress, labeling it a 'disgusting abomination' full of 'pork,' which led to a back-and-forth exchange between Musk and Trump.
- The feud between Trump and Musk has not significantly impacted cryptocurrency prices, with Bitcoin holding above $108,000 and Dogecoin maintaining $0.16 despite fluctuations, indicating a muted market response.
- Building a successful third party requires more than social media polls, with significant organizational effort, funding, and real voter engagement. The future developments involving Musk's political aspirations and Trump's responses could shape the narrative going forward.
Read Full Article
16 Likes
Teslarati
5d
225
Image Credit: Teslarati
Two Tesla bulls share differing insights on Elon Musk, the Board, and politics
- Wedbush analyst Dan Ives is calling on Tesla's board to enact measures to ensure Elon Musk's focus on the company amid concerns of distraction risk during a crucial growth phase.
- Ives suggests a three-point plan including a new pay package for Musk, clear guidelines on his time commitment to Tesla, and oversight on his political activities.
- Cathie Wood of Ark Invest, another Tesla bull, expresses confidence in Musk and the board, citing trust in their decisions and noting Musk's improved focus on Tesla following recent changes.
- While Ives emphasizes the need for governance changes, Wood remains optimistic about Musk's leadership. Tesla stock is down 25% year-to-date but has shown a 19% gain in the past 12 months.
Read Full Article
13 Likes
Teslarati
5d
390
Image Credit: Teslarati
Tesla China achieves this year’s second highest domestic sales in June
- Tesla China achieved its second-highest domestic sales in June with 61,484 units sold, marking a significant recovery from previous months and positioning the company for a stronger second quarter finish.
- In June, Tesla's domestic sales in China represented a 59.3% increase from May and a 3.75% rise year-over-year, totaling 71,599 vehicles sold.
- Despite a two-month decline, Tesla China's Q2 retail total reached 128,803 units, although down 11.7% from the same period last year.
- The company scaled back export output from Giga Shanghai in June, with 10,115 vehicles exported, a 56.2% decrease from May, contributing to a 31.85% drop in total exports for the first half of 2025 compared to 2024.
Read Full Article
23 Likes
Silicon
6d
395
Image Credit: Silicon
Tesla Shares Drop After Musk Starts Political Party
- Tesla's shares dropped after Elon Musk announced plans to form a political party called the America Party, raising concerns about his commitment to leading his companies.
- Musk's political involvement follows Tesla's consecutive quarter of declining sales, contributing to a 27% stock drop this year and 35% decrease since December.
- Analysts express concern over Musk's political engagements, with some fearing possible negative impacts on Tesla's growth and investor sentiment.
- Speculation arises about Tesla's board potentially intervening to address Musk's distractions from the core business focus amid ongoing challenges faced by the company.
Read Full Article
23 Likes
Teslarati
6d
160
Image Credit: Teslarati
Elon Musk confirms Grok 4 launch on July 9 with livestream event
- Elon Musk confirms the launch of Grok 4, xAI's latest large language model, on July 9 with a livestream event at 8 p.m. Pacific Time on xAI's official account on X.
- Leaks initially hinted at Grok 3.5 but Musk's announcement reveals the focus on Grok 4 as seen in the lead-up hints such as 'grok-4-prod-mimic' and 'Grok 4 Code' on X.
- The Grok 4 release coincides with escalating AI competition among major players like OpenAI and Google, with xAI's Colossus supercomputer in Memphis now operational, signaling an accelerated AI product roadmap.
- Grok 4's launch follows a controversy related to political bias after Grok stated that political violence in the U.S. since 2016 was more from the political right. Musk addressed this, calling it a 'major fail,' and highlighted ongoing efforts to ensure political neutrality.
Read Full Article
9 Likes
CarExpert
6d
288
Image Credit: CarExpert
Tesla shares slump after Elon Musk announces new political party
- Tesla's stock price dropped by around seven per cent following Elon Musk's announcement of forming the 'America Party.'
- President Trump criticized Musk's plan for a third party, stating it would add to confusion in the political system.
- Investors feared potential damage to the Tesla brand from Musk's political involvement, resulting in a $15 billion loss in market value.
- Musk's public feud with President Trump over political and financial matters has impacted Tesla's stock performance and deliveries.
Read Full Article
17 Likes
Teslarati
6d
301
Image Credit: Teslarati
Tesla opens massive solar Supercharger station in California
- Tesla has opened a massive Supercharger station in Lost Hills, California with solar canopies and grid-scale batteries for renewable charging.
- The station features 84 Supercharger stalls out of a planned 168, 11MW of solar canopies, and 10 Megapack batteries for off-grid charging.
- Construction of phase one, including V4 charging posts and lounge areas, was completed in just eight months near the junction between I-5 and Highway 46 in Kern County.
- Elon Musk hinted at a potential U.S.-based solar Gigafactory to support increased power needs with AI growth and domestic solar production.
Read Full Article
18 Likes
Insider
6d
406
Image Credit: Insider
Elon Musk loses $15 billion in net worth after Tesla stock sinks
- Elon Musk's new political party, the America Party, led to a sell-off of Tesla shares, causing a nearly 7% drop in stock value.
- The stock sell-off resulted in Musk losing $15 billion in net worth, though he still remains the world's richest person according to the Bloomberg Billionaires Index.
- Investors disapprove of Musk's political involvement, with some analysts downgrading Tesla's stock rating due to concerns over regulatory headwinds and distractions from Musk's political moves.
- Tesla stocks have been performing poorly, down 31% since Trump's inauguration in January, with back-to-back quarterly declines in vehicle deliveries in 2025, marking the company's worst performance since 2022.
Read Full Article
24 Likes
Teslarati
6d
363
Image Credit: Teslarati
Tesla driver walks away from major accident with minor injuries
- A Tesla Model Y driver survived a harrowing accident in California, sustaining only minor injuries despite the vehicle being impaled by a guardrail.
- The accident occurred on I-5 near Panoche Road in the northbound lane, with the driver veering off the road for unknown reasons and crashing into the guardrail.
- CHP reported that the driver only suffered minor injuries, and drugs and alcohol are not suspected. Tesla's cruise control and lane assistance features were activated during the accident.
- The incident highlights Tesla's focus on vehicle safety, with the company emphasizing top safety scores and the goal of making its vehicles the safest on the road.
Read Full Article
21 Likes
Guardian
6d
243
Image Credit: Guardian
Tesla shares dive as investors fear new Elon Musk political party will damage brand
- Shares in Tesla fell 6.8% on Monday, wiping $79bn off the company's value, amid concerns over Elon Musk's new political party.
- Tesla's market capitalization dropped to about $921bn from just over $1tn, reducing Musk's stake by nearly $15bn to below $120bn.
- Investors fear that Musk's involvement in politics could distract him from Tesla's operations, leading to a negative impact on the company.
- Despite being the world's richest person, Musk's political aspirations have raised concerns among investors and received criticism from former President Trump.
Read Full Article
14 Likes
For uninterrupted reading, download the app