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TESLA INTERNAL TURMOIL
Year 2008. Elon Musk was almost broke, facing divorce, close to a nervous breakdown. How just 3 days around Christmas changed his life and SpaceX fortunes foreverIn 2008, Elon Musk faced near financial ruin with SpaceX and Tesla on the brink of collapse. After a critical SpaceX launch succeeded, NASA...
Red carpet and red lines: Xi charmed Trump but gave up nothingWrapping up a two-day summit in Beijing, Trump has taken a step towards reducing tensions, but the gathering did not result in any major tr...
Intel CEO who won over Donald Trump and Elon Musk now needs a breakthroughIntel CEO Lip-Bu Tan is entering his second year with renewed optimism, securing interest from tech giants like Apple and Tesla, and seeing...
Tesla is desi and pricey; WeWork gets D-Street permitTesla (finally) entering India does not do much for the masses, and that’s all according to plan. This and more in today's ETtech Top 5.
BYD unleashes an EV industry reckoning that alarms BeijingChina's electric vehicle sector faces a price war. This situation impacts share prices and prompts government intervention. Overcapacity an...
Elon Musk gets a win as ChatGPT maker OpenAI scraps for-profit plansOpenAI has decided to remain under the control of its non-profit entity, reversing earlier plans to adopt a for-profit governance structure...
Big trouble for 'Waiting for Tonight' singer: Jennifer Lopez may be grilled in Diddy’s trial as legal team scrambles to erase 1999 club shooting from recordJennifer Lopez could be drawn into Diddy's legal battle related to racketeering and sex trafficking charges, over two decades after their i...
Another one bites the dust: Top Tesla executive abruptly quits as company faces leadership exodus and growing internal turmoil, industry watchers wonder what’s really going onTesla faces internal turmoil as VP of Software Engineering, David Lau, departs amid rising tensions and vandalism. This exit, along with ot...
Asian markets advance ahead of earnings reports by US tech giantsAsian markets rose Monday while US futures declined ahead of Big Tech earnings amid ongoing trade tensions under Trump. The trade war, weak...
5 world market themes for the week aheadGlobal markets are cautiously optimistic amidst tariff concerns, awaiting China's economic response and assessing corporate resilience. The...
Here’s what the investors did when tariffs triggered a market plunged | Data revealedWhile tariff announcements triggered sharp reactions in the stock market, they also provided a valuable test of investor discipline.
Trump remarks trigger recession fears: How do you know if you're already in an economic slowdown?The U.S. economy is at a crossroads, with fears of a recession mounting amid President Donald Trump’s sweeping trade policies. A combinatio...
Cybertruck-New Orleans attacks: The most dangerous period in America?The United States is facing a wave of violence ahead of Donald Trump's inauguration, with terror attacks in New Orleans and Las Vegas invol...
Musk effect? Republicans angry that Donald Trump is botching up badly and he is not vetting his cabinet picks carefullyRecent reports have revealed that numerous Republicans are actually angry with the way US President- elect Donald Trump is botching up pret...
Ola Cabs CEO quits; Elon Musk scores big win in ChinaJust three months after joining the ride-hailing firm, Ola Cabs CEO Hemant Bakshi has called it quits. Details on this and more in today’s ...
Asian shares inch higher, tense week ahead for EUA who's who of corporates report earnings will be on show this week including Goldman Sachs Group Inc, Bank of America Corp, International ...
How a battery shortage is hampering the US switch to wind, solar powerRobust demand from EV producers for batteries has also been a headwind, industry players told Reuters. Battery manufacturers are favoring t...
Retail investors learn to love the crypto rollercoasterThis week, cryptocurrencies were buffeted by factors ranging from critical tweets by Tesla Inc CEO Elon Musk to governmental controls in Ch...
Elon Musk’s shy 36-year-old finance chief, Zachary Kirkhorn, behind Tesla's remarkable turnaroundKirkhorn, 36, remains a bit of a mystery to the average investor, but he has made his mark. He has shored up Tesla’s balance sheet with a s...
Wealthy facing margin calls show pitfalls of pledged sharesAdani and his family put up an additional $1.4 billion of shares as collateral on existing debt.