Panasonic Q1 profit jumps, maintains FY forecast TOKYO: Japan’s Panasonic Holdings posted a 42% rise in first quarter profit on Monday, buoyed by a weaker yen and... Published 31 Jul, 2023 12:49pm
Markets Wall Street slips on mixed earnings NEW YORK: Wall Street’s main indexes edged down on Wednesday as Treasury yields rose on growing expectations that... Published 20 Apr, 2023 06:30am
Print Tesla to build battery plant in Shanghai SHANGHAI: Tesla Inc will build a factory in Shanghai to make the Megapack energy storage product, Chinese state... Updated 10 Apr, 2023 08:27am
Business & Finance Tesla posts record deliveries but misses estimates as competition weighs NEW YORK: Tesla Inc on Sunday missed estimates for first-quarter deliveries as rising competition and a bleak... Published 03 Apr, 2023 07:48am
World White House unveils deal with Musk on EV chargers NEW YORK: Tesla’s US charging network will be available to other electric vehicle brands for the first time... Published 15 Feb, 2023 05:46pm
Technology Musk donated around $1.95 billion in Tesla shares last year Tesla chief executive Elon Musk donated shares worth $1.95 billion in the world’s most valuable automaker to charity... Published 15 Feb, 2023 10:28am
Technology Tesla changes US prices for fourth time in two months Tesla has changed prices for one version of each of its Model 3 sedan and Model Y crossover, the fourth price... Published 14 Feb, 2023 03:21pm
Business & Finance Tesla, after recent cuts, raises starting price of Model Y in China SHANGHAI/BEIJING: Tesla Inc has increased the starting price of its Model Y crossovers by 0.8% to 261,900 yuan... Published 10 Feb, 2023 11:30am
Markets Wall Street drops as Apple, energy stocks decline NEW YORK: Wall Street’s main indexes fell on the first trading day of the year following declines in Apple and... Published 04 Jan, 2023 06:02am
Business & Finance Tesla hoping its electric Semi will be ‘heavy duty game changer’ NEW YORK: US automaker Tesla delivered its first battery-powered heavy duty truck, dubbed “Semi,” and built to... Published 05 Dec, 2022 07:39am
Business & Finance Tesla recalls 321,000 vehicles in the US for tail light problem NEW YORK: Tesla has recalled more than 321,000 vehicles in the United States because of a tail light issue, in the... Published 21 Nov, 2022 07:22am
World Elon Musk says he will be Twitter CEO Billionaire Elon Musk said on Monday in a filing that he will be the chief executive officer of Twitter, the social... Published 01 Nov, 2022 04:02am
Technology Twitter to lay off 25% of workforce in first round of job cuts: Washington Post Twitter, which was acquired last week by billionaire Elon Musk, plans to let go of a quarter of its workforce as... Published 31 Oct, 2022 03:28pm
Business & Finance Tesla recalls 24,000 US vehicles over seat belt issue WASHINGTON: Tesla Inc is recalling just over 24,000 U.S. 2017-2022 Model 3 vehicles over a seat belt issue. The... Published 27 Oct, 2022 04:58pm
Technology Tesla cuts prices in China by up to 9% as softer demand, price war loom SHANGHAI: Tesla has slashed starter prices for its Model 3 and Model Y cars by as much as 9% in China, reversing a... Published 24 Oct, 2022 10:42am
Business & Finance Automakers to double spending on EVs, batteries to $1.2 trillion by 2030 The world’s top automakers are planning to spend nearly $1.2 trillion through 2030 to develop and produce millions... Published 21 Oct, 2022 11:49am
Technology Musk says recession could last until 2024 Tesla Chief Executive Elon Musk said on Friday he thinks a recession will last until spring of 2024 after earlier... Published 21 Oct, 2022 11:03am
Technology Tesla quarterly profit jumps, but revenues miss estimates NEW YORK: Tesla reported Wednesday another quarter of sparkling earnings growth, but shares fell amid questions over... Published 20 Oct, 2022 09:55am
Technology Elon Musk says Starlink network in Ukraine has not received US funding Billionaire Elon Musk said on Tuesday SpaceX’s Starlink services have not received any funding from the US... Published 19 Oct, 2022 10:36am
Technology Judge in Twitter v. Musk made rare ruling: ordering a deal to close The judge overseeing Twitter Inc's $44 billion lawsuit against Elon Musk has a no-nonsense reputation as well as the... Updated 15 Jul, 2022 09:11pm
Business & Finance Musk says Tesla could lower car prices if inflation slows Tesla Inc Chief Executive Officer Elon Musk said on Friday the electric automaker could lower prices for cars if... Published 15 Jul, 2022 07:01pm
Technology Twitter down for thousands of users globally Twitter Inc was down for thousands of users across the globe on Thursday, its first such outage since February,... Published 14 Jul, 2022 06:54pm
Markets Wall Street wavers as hot CPI data stokes rate hike jitters NEW YORK: Wall Street stocks fluctuated on Wednesday as investors digested surprisingly strong U.S. inflation data,... Published 13 Jul, 2022 11:57pm
Technology Musk makes meme on Twitter legal threat after scrapping $44bn deal Elon Musk on Monday mocked Twitter Inc's threat to sue him following his move to abandon the $44 billion takeover... Updated 11 Jul, 2022 11:52pm
Technology Elon Musk looks to abandon $44 billion Twitter deal Tesla Inc Chief Executive Officer Elon Musk said on Friday he was terminating his $44 billion deal for Twitter Inc,... Published 09 Jul, 2022 03:07am
Markets Wall Street sinks as recession fears ripple through markets NEW YORK: US stock indexes tumbled on Thursday, with high-profile tech shares leading the rout, after the Federal... Published 17 Jun, 2022 06:37am
Technology Musk to address Twitter staff amid buyout turmoil SAN FRANCISCO: Elon Musk is set to field questions Thursday from wary Twitter workers eager to know if he intends to... Published 16 Jun, 2022 09:15pm
Markets Growth stocks lift Wall St ahead of Fed’s big rate decision NEW YORK: Wall Street’s main indexes rose on gains in beaten-down growth and financial stocks on Wednesday even as... Published 16 Jun, 2022 06:03am
Markets U.S. SEC looking into Musk's Twitter stake purchase The U.S. Securities and Exchange Commission (SEC) is looking into Tesla Chief Executive Officer Elon Musk's... Published 27 May, 2022 09:11pm
Markets Tesla plans to ramp up to pre-lockdown output in Shanghai by Tues-memo SHANGHAI: Tesla Inc plans to restore production at its Shanghai plant to the level at which it had operated before... Published 23 May, 2022 04:49pm