Tesla is making a strategic shift in its new vehicle development. The company announced plans to introduce “more-affordable models” by early 2025, prioritizing faster production using existing platforms and production lines. This comes after Tesla reportedly shelved plans for the highly anticipated $25,000 Model 2, which was envisioned as a significant leap forward in manufacturing […]
For months, the true extent of Elon Musk’s companies’ Bitcoin holdings remained shrouded in mystery. Now, thanks to the efforts of on-chain analysis firm Arkham Intelligence, the veil has been lifted, revealing a combined crypto stash exceeding $1.3 billion. Unveiling the Tesla and SpaceX Bitcoin Treasuries In a recent report, Arkham Intelligence detailed its discovery […]
In recent days, videos circulating online have brought attention to a concerning trend: Tesla owners seemingly indulging in risky behavior by wearing Apple’s newly launched virtual reality headset while behind the wheel. The viral videos have sparked discussions about the implications of such actions on road safety and the responsibility of both drivers and technology […]
In a dramatic turn of events, a judge in Delaware has declared Tesla’s $56 billion pay package to CEO Elon Musk invalid, labeling the compensation as an “unfathomable sum” that is unjust to shareholders. The decision comes in response to a lawsuit filed by Tesla shareholder Richard Tornetta, who accused the electric car manufacturer of […]
In a recent revelation, Tesla, the trailblazer in the electric vehicle (EV) industry, announced its ambitious plan to launch a mass-market compact crossover in 2025. This development, confirmed by Tesla CEO Elon Musk during a post-earnings call, marks a significant stride for the company since the introduction of the Cybertruck last year. Revolutionizing the Roads: […]