'Elon Musk has made me embarrassed to drive my Tesla now'
Synopsis by BBC Jan 29 23
Elon Musk was once hailed as the secret to Tesla's success. Now he's one of its problems.Read full article 
BBC: 'Elon Musk has made me embarrassed to drive my Tesla now'
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| Last Updated | Jan 29 23 |
| Total Articles | 3 |
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Australian PM calls Elon Musk an 'arrogant billionaire' in row over attack footage
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Tesla cuts prices around the world as sales decline in a chaotic week: Global vehicle deliveries fall for first time in four years amid growing competition ...
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Elon Musk is feuding with Brazil’s powerful Supreme Court: The court has become the de facto regulator of social media in the country
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Quick Glance: Elon Musk's Clash with Brazil's Supreme Court
- Serial entrepreneur Elon Musk has been publicly criticizing Alexandre de Moraes, one of Brazil's Supreme Court judges, for the past week.
- The dispute revolves around X, a social media company owned by Mr. Musk, which announced on April 6th that a Brazilian court had ordered it to block a set of 'popular' accounts or face hefty fines.
- Mr. Moraes then initiated an inquiry against Mr. Musk for obstruction of justice, leading Mr. Musk to claim that censorship in Brazil is worse than in any other country where the platform operates.
- The row highlights the power of Brazil's Supreme Court and the debate on regulating social media without harming freedom of speech, which is a crucial battleground in Brazil.
Tesla (TSLA) Cybertruck Recall Is Latest Setback to Stock’s Rough 2024: The stock is sliding, a cheaper electric car is deprioritized and the CEO is riling the ...
bloomberg.com/news/features/2024-04-21/tesla-tsla-cybertruck-recall-is-latest-setback-to-stock-s-rough-2024
Paid articlePaidQuick Glance: Tesla Cybertruck Recall and Stock Decline 2024
- Elon Musk's underlings at Tesla Inc. are accustomed to chaos, but this year has been particularly turbulent. The stock price has plummeted, there has been confusion around product decisions and price cuts. Tesla's position in the Chinese EV market is under threat, and a meeting with India's Prime Minister for a planned investment announcement was abruptly called off.
- Tesla is expected to report a significant drop in operating profit and its first revenue decline in four years. Musk has ordered massive layoffs and is staking the company's future on a self-driving vehicle concept called the robotaxi. Many employees are unsettled by the changes the CEO wants to implement.
- Musk has been discussing the concept of an autonomous taxi service for at least eight years, but Tesla has not yet built the infrastructure required for it. The focus is now on the robotaxi instead of a cheaper mass-market vehicle that many investors deem crucial. Key managers have left the company, and analysts are concerned about Tesla's strategy.
- Musk has announced that more than 10% of the workforce will be laid off. Transitioning to the robotaxi service is risky, as regulation at the state and local level can be challenging. Nevertheless, Musk is betting on Tesla making robotaxis a reality by promoting FSD and cutting prices. Some of the Tesla layoffs were poorly organized and perceived as humiliating.
Tesla's Q1 Results Will Be Riveting, But Let's Focus On What Matters: Tesla has been rightfully pressured in recent period, but glimmers of hope for long-term ...
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Paid articlePaid Tesla Cuts Prices by $2,000 as Sales Slow, Inventories Swell: Tesla Inc. cut prices of its best-selling Model Y, as well as the Model S and X, by $2 ...
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Elon Musk says its his turn to have the remote: X just announced a smart TV app for streaming video content. X TV may or may not launch at some point in the near ...
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Tesla recalls all 3,878 Cybertrucks over accelerator pedal issue - National | Globalnews.ca
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Quick Glance: Tesla Cybertrucks Recall Issued
- Tesla responds to defective accelerator pedals in nearly 3,900 Cybertruck pickups causing unintended acceleration.
- The recall involves Cybertruck vehicles manufactured between November 2023 and April 2024.
- An unauthorized use of soap during the accelerator pedal assembly likely led to the defect.
- Tesla voluntarily recalled the vehicles on April 12 due to two customer complaints.
Australia PM calls Musk 'arrogant billionaire' after court orders X to hide church stabbing posts
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Tesla's Cybertruck needs a hole drilled through the accelerator pedal: A user posted a 35-second video on X of him fixing the gas pedal issue that caused a ...
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Tesla: EV giant cuts prices in major markets as sales fall: The move comes after the firm reported a sharp fall in deliveries in the first three months of 2024.
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Quick Glance: Tesla responds to declining sales with global price reductions
- Tesla has lowered prices in various key markets, including China and Germany, to address the declining sales and increasing price competition for electric vehicles.
- The recent price reductions come in light of a decrease in Tesla's global vehicle deliveries in the first quarter, marking the first time in nearly four years.
- The starting price of the revamped Model 3 in China was reduced by 14,000 yuan to 231,900 yuan. Similarly, in Germany, the price of the rear-wheel-drive Model 3 was decreased from 42,990 euros to 40,990 euros.
- In addition to the mentioned price cuts, there were reductions in many other countries across Europe, the Middle East, and Africa. Prices for the Model Y, Model X, and Model S vehicles in the US were decreased by $2,000. Moreover, Tesla slashed the price of its Full Self-Driving Software in the US from $12,000 to $8,000.
Tesla cuts its car prices around the world after week of turmoil for the company: The company dropped its starting prices of its Model X, Model Y and Model S by ...
npr.org/2024/04/21/1246256484/tesla-car-price-cuts-elon-musk-cybertruck
Tesla to cut 14,000 jobs as Elon Musk aims to make carmaker ‘lean and hungry’: Billionaire says ‘there is nothing I hate more’ than cutting staff as more than ...
theguardian.com/technology/2024/apr/15/tesla-cut-jobs-elon-musk-staff
Elon Musk vows to fight Australian injunction to hide church attack videos on X: Billionaire accuses Canberra of censorship over calls to remove footage of ...
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Elon Musk and Tesla: Is the CEO’s controversial behavior responsible for company’s struggles?
mercurynews.com/2024/04/22/elon-musk-and-tesla-is-the-ceos-controversial-behavior-responsible-for-companys-struggles/
Quick Glance: Elon Musk and Tesla: Influence of CEO's divisive behavior on company's challenges
- The wealthiest individual globally freely voices his opinions, often sparking debate.
- Elon Musk, Tesla's CEO, has attacked U.S. election integrity, embraced White-supremacist propaganda, and accused President Joe Biden of treason.
- Experts suggest that Musk's conduct may deter potential customers, but larger issues impact his company. With growing competition in the electric vehicle market, his polarizing personality could lead to more significant long-term damage.
- While Musk may be damaging Tesla’s image with some consumers, the primary focus remains on the product and its dependability. Many consumers do not base their purchasing decisions on the political views of the company's leader.
Tesla has lowest maintenance and repair cost of any brand: Tesla has the lowest maintenance and repair cost of any brand, according to a new study by Consumer ...
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Musk decries Australian court 'censorship' of X terror posts: Elon Musk lashed out at Australia's prime minister on Tuesday after a court ordered his social ...
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Quick Glance: Musk criticizes Australian court 'censorship' of terror posts
- Elon Musk lashed out at Australia's prime minister after a court ordered his social media company X to take down footage of an alleged terrorist attack in Sydney.
- X was directed to temporarily hide posts showing video of the incident where a teenager was charged with terrorism for knifing an Assyrian priest and others.
- Musk questioned whether the Prime Minister should have jurisdiction over the entire internet and emphasized the importance of free speech.
- The incident sets up a new conflict between major internet platforms and countries and nonprofits seeking more oversight of the content hosted on them.
Tesla Drops Its Full Self-Driving Price To $8,000: The drop represents a $4,000 price drop in the United States
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Days After Layoffs, Tesla Pushes Stockholders to Approve Elon Musk's $56 Billion Pay Package
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Oxford shuts down institute run by Elon Musk-backed philosopher: Nick Bostrom’s Future of Humanity Institute closed this week in what Swedish-born philosopher ...
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Elon Musk apologizes to laid off Tesla employees for a major mistake: Musk just informed his Tesla employees of an issue that was brought to his attention.
thestreet.com/electric-vehicles/elon-musk-apologizes-to-laid-off-tesla-employees-for-major-mistake
Tesla recalls Cybertrucks over accelerator crash risk: The electric car company, run by Elon Musk, is recalling thousands of what is its latest vehicle.
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Tesla slashes prices amid slumping sales: Tesla dropped the prices of its vehicles globally on Friday as the largest electric vehicle manufacturer faces ...
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Tesla’s in its flop era: Tesla is in trouble. Sales are down, its stock is tumbling, and the company’s future appears to be in doubt ...
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Elon Musk and Javier Milei share their love of free markets in first meeting: Tesla boss shows Argentine president Texas factory where they talked about lithium ...
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Quick Glance: Elon Musk and Javier Milei Discuss Free Markets and Investment Opportunities
- Elon Musk and Argentine president Javier Milei met for the first time at Tesla's Texas factory.
- They discussed market liberation, eliminating bureaucratic obstacles, and investment opportunities.
- Milei unexpectedly won an election focused on spending cuts and inflation reduction.
- Both shared similar views on free markets and expressed support for Israel in conflicts.
Tesla to lay off nearly 2,700 employees in Texas factory, notice shows: Tesla will lay off 2,688 employees at its Texas factory, the electric vehicle maker said ...
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Tesla slashes car and self-driving software prices after chaotic week: Three models are $2,000 cheaper in the US, while the self-driving software now costs $8 ...
businessinsider.com/tesla-slashes-prices-suv-cars-self-driving-software-before-earnings-2024-4
Tesla’s $939 Billion Valuation Lead Over Toyota Is Almost Gone: Two and a half years ago, Tesla Inc. was worth almost $1 trillion more than Toyota Motor Corp. ...
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Quick Glance: EU Threatens to Suspend TikTok Lite App Features
- The European Commission has expressed concerns over the 'risks of serious damage for the mental health of users', including minors, regarding the TikTok Lite app.
- TikTok Lite allows users in France and Spain to earn points that can be exchanged for vouchers or gift cards by watching and liking videos.
- The commission is threatening to take interim measures, including suspending the rewards program in the European Union, if TikTok fails to provide a risk assessment.
- The EU has already fined TikTok under the Digital Services Act and could impose further sanctions if the company does not respond to requests or prove safety measures.
Australia secures takedown order for terror videos, which Elon Musk wants to fight
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Quick Glance: Why Tesla Wants Approval for Elon Musk's $55 Billion Compensation Package
- Tesla is seeking shareholder approval for Elon Musk's compensation package, which was previously rejected by a judge.
- The company asserts that implementing the plan is crucial for Tesla's future growth.
- Elon Musk will be rewarded with stock options that become available when Tesla achieves specific financial objectives.
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Quick Glance: Elon Musk postpones India trip due to Tesla issues
- Elon Musk has delayed his planned trip to India due to Tesla facing challenges.
- The Tesla CEO was set to travel to India next week to meet with Prime Minister Narendra Modi.
- While not revealing many specifics about the trip, Musk reportedly intends to announce an investment of $2 to $3 billion in India. He aims to establish a new factory in India, where the electric vehicle market is small but growing.
- Musk's decision to delay the trip coincides with Tesla's earnings release on April 23, where Musk and investors will address the company's tumultuous start to 2024.
Tesla recalling nearly 4,000 Cybertrucks because accelerator pedal can get stuck: Tesla is recalling nearly 4,000 of its 2024 Cybertrucks after it discovered ...
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So much for free speech on X; Musk confirms new users must soon pay to post: The fee, likely $1, is aimed at stopping “relentless” bots, Musk said.
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Quick Glance: Musk Plans Fee for New X Users
- Elon Musk intends to charge new users of X in the initial months to curb the activity of automated bot accounts.
- The fee is set to be waived after three months to allow free posting.
- Tests in New Zealand and the Philippines raised skepticism about the effectiveness of the fee as a countermeasure against bots.
- Declining revenues at X post-rebranding and Twitter acquisition, along with a negative brand perception by companies, are impacting the service's business.
The Most Embarrassing Blunders From Elon Musk’s Attempt at AI-Generated News: Elon Musk's AI chatbot Grok often takes jokes and displays them as real news ...
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Tesla cuts Model Y, X and S prices in the US and says it's ending the referral program
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Stock Market's ‘Humbling’ Cycle Forces Morgan Stanley's Wilson to Stay Nimble
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Tesla aims to cut 400 jobs in Germany via voluntary programme: Tesla on Tuesday said it was targeting 400 job cuts at its German gigafactory near Berlin ...
reuters.com/business/autos-transportation/tesla-aims-cut-400-jobs-germany-via-voluntary-programme-2024-04-23/
Elon Musk says he 'would know' if there are aliens out there: Musk's rocket company, SpaceX operates a satellite internet system called Starlink ...
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Quick Glance: Elon Musk Casts Doubt on Alien Existence
- Elon Musk expressed his skepticism about the existence of aliens, emphasizing that he had not seen any evidence.
- The billionaire responded to a recent interview where Tucker Carlson shared his views on aliens.
- Musk has previously publicly pondered the topic of aliens and highlighted the importance of space exploration.
- His involvement in SpaceX and the Starlink project has positioned Musk as a significant player in the aerospace industry.
Big Fund Doubles Down on Palantir Stock, Sells Apple, Tesla, Microsoft
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Big victim or big mouth? Time for Australia to put Elon Musk in his place: At its heart, this case is about Australian sovereignty over a company that has a deep ...
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Wall Street Breakfast Podcast: Tesla's Weekend Moves: Price Cuts, Pressures Precede Earnings
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X to Launch TV App in Quest for More Video Viewers: Elon Musk's X will launch a TV app that allows users to watch X videos on their television screens.
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Elon Musk – arrogant billionaire or free speech warrior?: Either way it stinks
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Elon Musk accuses Australia of censorship over Sydney church stabbing video: Tech billionaire Elon Musk has accused Australia of censorship after an Australian ...
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Tesla just asked shareholders to approve Elon Musk's nixed $56 billion pay plan again
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Quick Glance: Tesla Cybertruck: Pedal Safety Issues
- The Tesla Cybertruck has faced criticism for various issues, but now a serious safety concern with the accelerator pedal has led to the temporary halt of deliveries.
- A video and reports show that the pedal cover can come loose and jam, causing unintended acceleration even when the foot is not on the pedal.
- Deliveries have been halted, appointments rescheduled and canceled as Tesla investigates acceleration issues. A regulatory investigation looms over the company, potentially requiring a recall of all trucks.
- Some drivers have attempted to manually remove the pedal cover, indicating a potentially serious safety issue that cannot be resolved through software.
Tesla Will Lose Its Crown to Toyota If This Happens
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apnews.com/article/brazil-bolsonaro-musk-rally-e9de9f76f5510a46e7d507f99a6c7a16
Quick Glance: Bolsonaro Mobilizes Supporters in Rio
- Former Brazilian President Jair Bolsonaro rallied thousands of supporters in Rio de Janeiro on Sunday to boost his political capital after losing a reelection bid in October 2022 and facing allegations of involvement in a coup.
- Bolsonaro, under investigation for undermining faith in Brazil's voting system, took the opportunity to praise Elon Musk and urged the crowd to applaud the billionaire.
- Brazil's federal police formally accused Bolsonaro of sowing doubts about his vaccination records during the COVID-19 pandemic, leading to potential criminal charges.
- Bolsonaro emphasized that his government never operated outside the bounds of the constitution and addressed accusations of involvement in manipulating decrees to overturn the 2022 election results.
We Tested the BYD Seal—the Car That Explains Why Tesla Just Cut Its Prices: A world-class saloon for the people, from China’s biggest name in EVs ...
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Boston Dynamics unveils a new robot, controversy over MKBHD, and layoffs at Tesla
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Elon Musk wanted to cut Tesla headcount by 20%, Bloomberg source says: Musk told Tesla staff in a memo that the company's "rapid growth" had resulted in ...
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Tesla shares tumble below $150 per share, giving up all gains made over the past year
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Quick Glance: Tesla Shares Plummet Below $150, Erasing Year's Gains
- Tesla's stock tumbled below $150 per share, erasing all gains made in the past year, reflecting falling sales and deep discounts to attract buyers.
- Shares of Tesla have fallen by 12.4% this week and over 39% this year, accompanied by a global staff reduction of 10% amounting to around 14,000 jobs.
- Tesla's stock hit an all-time high in November 2021 but sales plummeted last quarter due to increased competition and failed price cuts to bolster demand.
- Anticipated lower first-quarter earnings for Tesla raise concerns about potential catalysts to reverse the stock decline amidst uncertainties surrounding the release of a new affordable electric vehicle and strategic shifts within the company.
Javier Milei and Elon Musk are giga happy. Does anyone care?: On April 12, the Argentine president and Tesla CEO visited the company's gigafactory in Austin ...
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Quick Glance: Javier Milei and Elon Musk: Business, Fashion, and Thumbs-Up Gesture
- The Argentine president and Tesla CEO visited the company's gigafactory in Austin, Texas, to freely discuss business on April 12.
- Milei and Musk met in Texas, visited Tesla Giga Texas factory, and had extensive conversations about the importance of free markets and defending freedom ideas.
- Musk recently lost 15 kilograms and shared insights into his diet, including deprivation, intermittent fasting, and Ozempic, an anti-diabetic medication.
- Both dressed in unique outfits, featuring cargo pants, skinny jeans, and cowboy accessories, expressing their enthusiasm with thumbs-up gestures.
Musk Postpones India Visit, Citing Heavy Tesla Obligations: Elon Musk postponed a visit to India which would have included a meeting with Prime Minister Narendra ...
bloomberg.com/news/articles/2024-04-20/elon-musk-postpones-india-visit-to-later-in-the-year
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Tesla cuts prices after massive Cybertruck recall: The Model Y is currently sitting at the cheapest price it's ever been.
mashable.com/article/tesla-drop-prices-for-several-cars-excluding-cybertruck
Tesla's Elon Musk postpones India trip, sources say: Tesla chief Elon Musk has postponed a planned trip to India where he was to meet Prime Minister Narendra ...
reuters.com/world/india/teslas-elon-musk-postpones-india-trip-sources-say-2024-04-20/
Quick Glance: Elon Musk Postpones India Trip, Sources Say
- Tesla's CEO Elon Musk has postponed a planned trip to India where he was to meet Prime Minister Narendra Modi and announce plans to enter the South Asian market, according to three people familiar with the matter.
- Musk was expected to announce an investment of $2 billion to $3 billion, mainly to build a factory in India, following the government's policy of lowering high tariffs on imported cars if companies invest locally.
- His planned Sunday arrival was set to follow two days after the start of India's national elections, where Modi is projected to secure a rare third term.
- Reasons for the trip postponement were not immediately disclosed, and neither Tesla nor Modi's office responded promptly to requests for comments.
Days After Layoffs, Tesla Pushes Stockholders to Approve Elon Musk's $56 Billion Pay Package
entrepreneur.com/business-news/tesla-to-shareholders-approve-ceo-musks-record-high-pay/472850
Morning Bid: Tanking Tesla reports, Europe business beats: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2024-04-23/
Tesla layoffs draw suit claiming not enough warning for California workers: Tesla “acted intentionally and with deliberate indifference and conscious disregard ...
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Tesla cuts prices in US, China and Germany as competition heats up: Tesla has announced aggressive price cuts in China and Germany, shortly after reducing prices ...
cnn.com/2024/04/22/cars/tesla-price-war-china-germany-us-intl-hnk/
Quick Glance: Tesla cuts prices in US, China and Germany as competition intensifies
- Tesla has announced aggressive price cuts in China and Germany, shortly after reducing prices in the United States, as the world’s largest maker of electric vehicles (EV) faces declining sales and growing competition in major markets.
- The prices of four models were slashed in China by 14,000 yuan ($1,932), while in Germany, the price of the Model 3 rear-wheel drive was lowered by 2,000 euros ($2,132). Earlier cuts were made in the US, with prices of three models reduced, while prices for the Model 3 and Cybertruck remained unchanged.
- The price cuts come during a tough time for Tesla, with a significant stock plunge and a drop in quarterly deliveries. Elon Musk postponed his planned India trip due to company obligations. In China, Tesla's price cuts escalate an existing price war in a highly competitive sector influenced by other manufacturers like BYD offering more affordable options.
- The price wars in China began in 2022 and continue with over 30 car makers announcing further price reductions, impacting the entire auto industry's profit margins. Competitors like BYD and XPeng are also offering subsidies and lowering prices to attract buyers in the EV market, posing challenges to Tesla's market dominance.
Tesla's short-lived marketing team laid off: Tesla scraps its marketing team just months after it began, continuing the company's workforce reduction.
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Elon Musk is a pigeon CEO, ‘he comes, sh*ts all over us, and goes’, says former Tesla manager
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barrons.com/articles/walmart-tesla-overtake-market-value-40f12270
Paid articlePaid Musk’s India Trip to See Breakthroughs for Starlink, Tesla: Days after Tesla Inc.’s largest-ever round of layoffs and hours before its quarterly earnings ...
bloomberg.com/news/articles/2024-04-20/musk-s-india-trip-to-see-breakthroughs-for-starlink-tesla
Tesla seeks to award Elon Musk $56bn pay package: The deal, if approved by shareholders and judges, would be the largest in corporate America.
bbc.com/news/articles/cqqndqndpq5o
Magnificent 5 Or 7? Earnings Preview With Steven Cress: Seeking Alpha's Head of Quantitative Strategies, Steven Cress, walks us through Mag 7 stocks from a quant ...
seekingalpha.com/article/4684996-magnificent-5-or-7-earnings-preview-with-steven-cress
Tesla is recalling thousands of Cybertrucks to fix faulty accelerators: It's just the latest issue plaguing the Cybertruck, which hit the market last November
qz.com/tesla-cybertruck-ev-recall-elon-musk-q1-1851421496
Mark Zuckerberg has passed Elon Musk as the world's third-richest person as Tesla stock hits new lows
qz.com/tesla-musk-meta-facebook-zuckerberg-wealth-stock-1851419657
Live news: Tesla notches seventh straight loss ahead of Tuesday earnings release
ft.com/content/068301b0-9f35-4dda-8d25-21482983bfcd
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