Tesla Cyberbeast auction hits $250,000 with only hours left to bid—...
The public auction of Tesla's bulked-up Cyberbeast truck is ending soon.A Foundation series Cyberbeast is up for auction at Sotheby's Motorsport, and the window to place a bid is only hours away from closing. Those who want to skip the line of car buffs hoping to own one can submit an offer but will be…
Tesla’s reign as EV king is fizzling, so Elon Musk has...
Tesla has been losing its luster this year as EV demand wanes and pressures in China mount. Even the most bullish analysts have said the company was a "trainwreck" in the most recent quarter. And with Elon Musk's net worth falling in stride with the car manufacturer's stock — down more than 10% in the…
Tesla settles lawsuit over crash that killed Apple engineer driving in...
Details of the settlement, which was filed on Monday, were not disclosed. The settlement came just as the case was set to go to trial on Monday in California's Santa Clara County Superior Court.The family of Walter Huang, a 38-year-old engineer at Apple, sued Tesla in 2019, alleging the Tesla Model X SUV he was…
Wrongful death trial for Apple engineer killed in Tesla gets underway
Enlarge / Walter Huang's Model X in a tow yard days after his fatal crash. Tesla and its controversial Autopilot driver assistance system goes on trial again today in California. It's fighting a wrongful death lawsuit filed by the family of Walter Huang, an Apple engineer who was killed in 2018 when his Tesla Model…
Engineer’s testimony reveals Tesla’s advanced autopilot system involves following lane markings:...
Newly reported testimony from a Tesla engineer is providing rare insight into how the electric car's autopilot feature functions and what occurred at the time of a fatal 2018 car crash in California.Tesla is set to go to trial on Tuesday for a wrongful-death lawsuit filed by the family of Walter Huang, an Apple engineer…
Mark Zuckerberg moves ahead of Elon Musk on richest person list...
Meta CEO Mark Zuckerberg is now the third richest person in the world.Zuckerberg's wealth has outpaced Tesla CEO Elon Musk for the first time since 2020.Musk's wealth has tanked as Tesla shares have slumped more than 34% since the start of the year. Thanks for signing up! Access your favorite topics in a personalized feed…
Former Tesla workers have accused the company of not paying overtime...
Former employees accused the auto company of violating labor laws in a proposed class action lawsuit filed in federal court in California on Thursday, Reuters reported.Two workers previously employed at Tesla's assembly plant in Fremont are demanding over $5 million in damages in the proposed civil suit, which they hope will represent thousands of Tesla…
Elon Musk says Tesla will unveil its robotaxi this year
"Tesla Robotaxi unveil on 8/8," he said on X, formerly known as Twitter, on Friday afternoon.An autonomous ride-hailing vehicle has been a linchpin of Tesla's valuation in recent years, as Musk pursues self-driving features to increase the value of the company's cars through software. Shares of Tesla jumped more than 3% in after-hours trading following…
A Tesla layoffs timeline of job cuts and hiring freezes
Tesla isn't immune to economic headwinds. Tesla CEO Elon Musk has been through periods of rapid growth and job cuts over the years. Here's a timeline of the company's recent layoff announcements and hiring freezes. Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. download the app…
Tesla scraps its plan for a $25,000 Model 2 EV
Budrul Chukrut/SOPA Images/LightRocket via Getty Images Tesla has abandoned plans to develop an affordable electric Model 2, according to a report in Reuters. The news organization says it has reviewed company messages that say the affordable Model Y, which Tesla CEO Elon Musk claimed would sell for $25,000 or less, has been axed. Musk has…
