Elon Musk - Page 11

As Elon Musk’s Tesla faces multiple lawsuits and a federal investigation, the company’s assertion that drivers are solely responsible for crashes involving its Autopilot technology is coming under intense scrutiny.

The National Highway Traffic Safety Administration (NHTSA) has closed its long-standing investigation into Tesla’s Autopilot driver assistance system after reviewing hundreds of crashes involving the technology’s misuse, including 13 that were fatal.

Americans For Legal Immigration PAC (ALIPAC) has withdrawn support for Elon Musk’s X/Twitter after the platform censored its ad promoting a new website and forum section aimed at documenting noncitizen and illegal migrant voters.

Tesla shares jumped almost 12 percent in pre-market trading on Wednesday after CEO Elon Musk announced that the company aims to start production of affordable electric vehicle models by early 2025, or possibly even late this year. The bounce comes despite dismal earnings, including net income that dropped 55 percent in the first quarter.

In a desperate attempt to stimulate sales and prop up a stock price dropping like a rock, Elon Musk’s Tesla has reduced the prices of three of its five models in the United States.

Elon Musk’s Tesla has issued a recall for all 3,878 Cybertrucks shipped to date because of a defect that can cause the accelerator pedal to get stuck, increasing the risk of crashes.

Tesla is set to ask its shareholders to once again vote on approving the controversial 2018 pay package for CEO Elon Musk, which was recently thrown out by a Delaware judge.

Elon Musk, owner of the social media platform X (formerly known as Twitter), has reportedly declared that new users will have to pay a fee to tweet on the platform.

Elon Musk’s Tesla has announced a significant reduction in its global workforce, with layoffs affecting more than 10 percent of its employees.

Elon Musk’s ambitious plans to launch a Tesla robotaxi service have hit a roadblock in California, as the state’s key regulatory agencies reveal that the company has yet to submit the necessary permit applications.

Elon Musk’s rebranding of Twitter to X encountered a significant hurdle this week when the social network’s attempt to automatically replace “twitter.com” links with “x.com” backfired. Security expert Brian Krebs called the system “a gift to phishers,” allowing hackers to make links to malicious sites look safe.

Elon Musk’s Tesla sales outlook has taken a turn for the worse, with two prominent analysts now predicting a decline in EV deliveries for 2024.

Argentine President Javier Milei arrived in Miami, Florida, on Wednesday for a visit that will see him receive an award from a prominent Jewish organization and meet privately with Tesla CEO Elon Musk in Austin, Texas, on Friday.

Tesla CEO Elon Musk has made a bold prediction about the future of artificial intelligence, claiming that AI will be “smarter than the smartest human” within the next two years. 

Tesla owners reportedly waited hours to charge their vehicles after Monday’s total solar eclipse. The long lines at charging stations are like salt in the wound of EV owners who are forced to wait as their cars charge enough to reach home — a major concern when major traffic days can cause long delays.

Tesla CEO and Twitter owner Elon Musk accused Brazilian Supreme Federal Tribunal (STF) Minister Alexandre de Moraes of rigging the 2022 presidential election, allowing socialist convicted felon Luiz Inácio Lula da Silva to be elected president for a third term.

Elon Musk’s long-awaited Tesla Cybertrucks have been met with a wave of complaints from frustrated owners, who report numerous malfunctions and quality issues just months after the vehicle’s launch. One owner reported a complete failure after driving the EV for just one mile.

Tesla has reportedly settled a lawsuit filed by the family of an Apple engineer who died in a 2018 crash involving the company’s controversial Autopilot technology, according to court filings on Monday.

Tesla CEO Elon Musk has once again stirred up excitement and skepticism with his latest announcement of an upcoming Tesla Robotaxi unveiling on August 8, 2024, despite a history of unfulfilled promises surrounding the currently non-existent “robotaxi” service.

Brazilian “anti-fake news crusader” Alexandre de Moraes has opened an inquiry into Elon Musk and Twitter for defying censorship orders.

China, the world’s largest electric vehicle (EV) market, is expected to see a slower growth rate in electric cars sales this year, spelling trouble for major players like Tesla and local competitor BYD. More than half of Tesla’s sales come from the communist country, adding more problems to the company which is the worst performing stock in the S&P 500 this year.

In a series of recent updates, Elon Musk’s social media platform X (formerly Twitter) says it is taking significant steps to combat “bots and trolls” while also reinstating the blue verification checkmark for influential users that refuse to pay the platform for the privilege.

Elon Musk’s X, formerly known as Twitter, has reportedly restored blue check marks to prominent users overnight, with some expressing their disapproval of the unsolicited perk.

As Elon Musk’s social media platform X/Twitter continues to struggle with an advertiser exodus, another issue has come to the forefront — the proliferation of pornographic content on the site.

Elon Musk’s Tesla reported an 8.5 percent year-over-year decline in deliveries for the first quarter of 2024, marking the company’s first such drop since the pandemic-affected second quarter of 2020.

Scottish First Minister Humza Yousaf attempted to brand opposition to his draconian speech restrictions as merely from “right wing” actors.

Elon Musk’s X/Twitter is testing a new feature that allows users to create and join communities focused on adult or “not safe for work” (NSFW) content. The platform is already plagued with pornbots advertising Onlyfans models and other forms of adult content.

In a major shift from its long-standing aversion to advertising, Elon Musk’s Tesla has recently begun investing in paid media campaigns across various platforms, showing the company’s desperation to revitalize sales and convince Americans that EVs are the future of transportation.

Tesla’s lackluster sales performance in the first quarter of 2024 has caught many analysts off guard, signaling deeper issues for both Elon Musk’s electric vehicle manufacturer and the entire EV market.

Elon Musk’s Tesla has found tremendous success in China, but the symbiotic relationship between the billionaire entrepreneur and Beijing is drawing scrutiny from U.S. policymakers as the billionaire supports the communist country in international issues.

Missouri Attorney General Andrew Bailey has filed a lawsuit against leftist pro-censorship group Media Matters, accusing it of engaging in fraudulent business practices and refusing to cooperate with an ongoing investigation.

A U.S. judge has dismissed a lawsuit brought by X/Twitter, the social media platform owned by Elon Musk, against the Center for Countering Digital Hate (CCDH), a foreign censorship advocacy group that targeted Musk and his platform with a campaign attempting to shut down advertising.

Billionaire Elon Musk, a self-proclaimed former lifelong Democrat, declared on Monday that America needs a “red wave” in the 2024 election.

Tesla shares experienced a significant decline on Friday as the electric vehicle giant grapples with various challenges, particularly in its crucial Chinese market.

Elon Musk’s Tesla, once the undisputed leader in the electric vehicle market, is now grappling with a series of challenges that threaten to undermine its dominance.

Elon Musk’s Tesla has suffered another safety setback after a tenacious lithium-ion fire battery suddenly hit a Tesla EV driving on an Ohio highway which led to a three-hour closure of the northbound lanes of Route 255 in Bethalto, Illinois on Sunday. Thankfully, the driver and their passengers safely escaped the burning vehicle before it was too late.