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High hopes for Optimus robot help company beat forecasts despite yearly revenue decline and flailing car businessIn the clearest sign yet that Tesla is pivoting away from its electric car business, CEO Elon Musk announced on Wednesday’s investor call t…
The novelty of eating at a diner owned by the richest person in the world seems to have worn off in just a few monthsLess than six months since it opened, Elon Musk’s Tesla Diner has the feel of a ghost town. Gone is the Optimus robot serving popcorn, …
Sales at Elon Musk’s company slump after Donald Trump’s withdrawal of EV subsidiesChina’s BYD overtook Tesla as the world’s largest electric carmaker in 2025, after the US company run by Elon Musk reported a slump in deliveries at the end of the year.B…
Tesla endured tough year in part thanks to some consumers’ distaste for Elon Musk’s embrace of rightwing politicsTesla has taken the unusual step of publishing sales forecasts that suggest 2025 deliveries will be lower than expected and future years’ s…
Decision from state supreme court on deal once worth $56bn overturns ruling that prompted angry Musk backlashElon Musk’s controversial $56bn pay package from Tesla was reinstated by the Delaware supreme court on Friday, two years after a lower court st…
Development is latest in case in which carmaker accused of falsely marketing and overstating self-driving capabilitiesA California regulator has put on hold an order to suspend Tesla sales in the state, the latest development in a case in which it accu…
Startup valuation, likely to go public at $800bn, will bolster Musk’s wealth to an estimated $677bn, according to ForbesElon Musk on Monday became the first person ever worth $600bn, according to Forbes. The news comes on the heels of reports that his …
CEO Elon Musk says lower-cost electric car will reignite demand by appealing to broader range of buyersTesla has launched the lower-priced version of its Model 3 car in Europe in a push to revive sales after a backlash against Elon Musk’s work with Don…
MG4 only managed 281km of its claimed 405km range, while Tesla Model Y came closest to matching expectationsFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastElectric vehicles are not trav…
Elon Musk-owned electric carmaker also called for support for the secondhand market, documents revealBusiness live – latest updatesTesla privately warned the UK government that weakening electric vehicle rules would hit battery car sales and risk the c…