Companies Tesla profits below expectations again as Musk demands investor patienceThe electric car maker’s expected lower-cost vehicle reportedly won’t enter production until at least next year
Companies Tesla doubles Irish turnover to €142 millionThe average Tesla Ireland employee took home €51,068 last year, according to the company’s financial accounts
The Big Picture Vincent Boland: Elon Musk’s $56bn pay deal shows just how far removed Tesla’s board is from realityExecutives at the EV firm may come to rue the day they signed off on such an extraordinary package
Markets Wall Street Speaks: Hold Apple, buy TeslaThe Business Post recaps the US markets’ most notable moments of the last seven days
Markets Tesla shareholders back $56 billion pay deal for Elon MuskAt the company’s HQ, Musk leapt into the air as investors chanted his name and said, “Hot damn, I love you guys”
Companies Tesla share price spikes as Elon Musk’s visit pays offElon Musk visited China on Sunday where he met with Premier Li Qiang
Companies Elon Musk’s China trip pays off with key self-driving hurdles clearedThe US electric car maker will partner with Chinese tech giant Baidu for mapping and navigation functions
Motoring Tesla reduction triggers new phase in China EV price warLi Auto on Monday announced price cuts of about 6-7 per cent across its lineup after Elon Musk’s EV maker slashed prices this weekend
News Tesla recalls almost 3,900 Cybertrucks to fix faulty pedalsAn issue with the vehicle can cause it to unintentionally accelerate, increasing risk of a crash
Motoring Tesla to cut over 10 per cent of workforce in global retrenchmentElon Musk wrote to staff to inform them of the cuts, citing duplication of roles and the need to reduce cost
The Big Picture Vincent Boland: Brakes go on the move to the brave new electric car worldThe revolution might not be going to plan, with a drop in EV sales worldwide raising questions about the shift to greener travel
Motoring Blow for Tesla as EV giant misses projectionsTesla handed over 386,810 vehicles in the first three months of 2024, falling short of analysts’ average estimate for 449,080 deliveries
Markets Market analysts warn of growing $12trn AI bubbleSeven mega-cap tech stocks now account for over 30 per cent of the entire value of the $40 trillion US stock market
Companies Tesla stock set to lose $76 billion in two days on growth risksStock in Elon Musk’s electric car company was down 5.6 per cent on Tuesday, after closing 7.2 per cent lower on Monday
Companies Jeff Bezos surpasses Elon Musk to top Bloomberg’s billionaire indexMusk lost his top ranking after shares in Tesla tumbled 7.2 per cent on Monday
The Big Picture Vincent Boland: At X, Musk often acts like a jerk as he panders to crass cult instinctsHe gets away with it because he is surrounded by acolytes and a supine board but that will not last forever
Tech Elon Musk hints at Tesla move to Texas after $55bn pay snubThe setback is Musk’s latest in Delaware after the billionaire surrendered in his battle to renege on his $44 billion offer to buy social-media platform Twitter
Tech Analysis: ‘Magnificent seven’ stocks to reveal if they are worthy of their name or grossly overvaluedWith the seven largest Big Tech firms running operations in Ireland, the health of their upcoming updates will have a significant impact on the economy here
Motoring Tesla recalls almost every car it has sold in China over autopilot risksTesla drivers may misuse ‘Autopilot’ functions, increasing the risk of collisions and posing safety risk, the regulator said
News Chinese car maker BYD overtakes Tesla as world’s top EV maker The Chinese company has posted record sales results showing it sold over three million units in 2023