Tesla shareholders didn’t approve of investment in Musk’s xAI
Tesla board Chair Robyn Denholm said ‘we haven’t invested in it’ because xAI is developing a different kind of technology than the real-world applications Tesla is pursuing in A
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Germany bans Tesla Cybertruck due to EU safety violations
Tesla is gradually expanding the Cybertruck’s global availability, but the EV will remain off the roads in Germany due to local safety regulations. The US Army was recently informed it could not import the truck into the country. The Cybertruck was flagged for “significant passive safety concerns,” which can be traced to its design. The
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Bye Billions? Tesla Stocks Take A Hit Amid Messy Feud Between Elon Musk & President Trump Over Spending Bill
Three hours on Thursday (June 5) was all it took for investors to dip out, causing shares of the electric vehicle maker Tesla to drop more than 14%. The stunning wipeout happened as Elon Musk and Donald Trump duked it out online with critiques over the president’s “big beautiful bill.” Associated Press reports that Tesla investors dumped
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Tesla sales are tanking in Europe. Is Musk to blame?
Elon Musk’s MAGA politics are fast becoming a mega problem for Tesla. New registrations of Tesla vehicles plummeted across Europe last month amid widespread boycotts against the EV brand. While broader economic forces are at play, Musk’s role in the Trump administration and his open support of far-right politicians appears to be fuelling his company’s
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Tesla shares slip 4.5% after suspected arson attack halts production at Berlin Gigafactory
It comes as Tesla’s expansion plans for its Gruenheide plant face fierce opposition…
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