An electric car now costs $61,000 on average
Last month, Elon Musk said he wouldn’t proceed with his $44bn takeover unless the social media giant can prove bots make up fewer than 5 per cent of users
Shares of the automaker slumped more than 9 per cent on Friday after news of the job cuts emerged
Optimus, first introduced in August 2021 during Tesla’s inaugural AI Day, is a human-sized robot
The Tesla chief executive is continuing to seek additional financing commitments to fund the $44bn deal
The charging curve of any particular vehicle is closely tied to the longevity of its battery
Crypto assets have all been weighed down as the Federal Reserve and other global central banks raise interest rates
Elon Musk is lining up partners for the acquisition and continues to speak to potential co-investors
It delivered about 936,000 cars in 2021
The billionaire said that ‘Twitter has extraordinary potential’
Musk revealed this week that he’s acquired a 9.2 per cent passive stake in Twitter
Panasonic will start mass production of 4680 batteries in the fiscal year starting April 2023
Several trends emerged over last year
The results pushed Tesla’s total sales for the year to more than 936,000
There’s also the influence Musk wields in crypto markets
The rental-car company unveiled its EV initiative last week
Hertz gets to tap into the growing interest in electric vehicles
Musk said Bitcoin mining is “shifting towards renewable energy” and his company will likely resume accepting it as payment for electric cars
Quarterly deliveries are one of the most closely watched indicators for Tesla
In most cases, the fix should be able to be made remotely with an online update to the cars’ active cruise control feature
NASA wants to send astronauts to Mars, perhaps at some point in the 2030s
The cryptocurrency is now down around 40 per cent from its record of almost $65,000 set in April
Bitcoin plunged as much as 15 per cent, sinking to as low as $46,045, before trimming the decline
The project is linked to existing plans to build up automotive infrastructure in the country
One victim was found in the front passenger seat of a 2019 Model S and the other was in the rear
The token rose as much as 4.3 per cent to $62,531
Bitcoin is up about 1,000 per cent in the past year amid signs of increasing institutional interest as well as speculative demand
Lucid will now start production of its debut EV, a luxury sedan called the Air, in the second half of this year
The focus on sustainability means that cleantech offers strong potential for growth, states entrepreneur and investor Shailesh Dash, who shares his market perspective in this monthly column
The International Energy Agency’s Global EV Outlook 2020 report found that sales of electric vehicles topped 2.1 million globally in 2019