Tesla shares hit record high after beating revenue and profit estimates January 29, 2020 Tesla shares soared after reporting fourth quarter revenue and profit which beat analysts’ estimates. The company said its Model 3 and Model Y electric sport utility vehicle capacity should reach 500,000 units per year in the Fremont factory, sending it shares up 13 per cent in after hours trading above $655. Tesla’s stock has more [...]
Tesla becomes world’s second most valuable car maker at $100bn January 22, 2020 Tesla’s market capitalisation soared past the $100bn mark today as shares rallied, making it the world’s second most valuable car maker and putting chief executive Elon Musk in line for a big payday. Tesla shares have risen more than eight per cent today to hit an intra-day high of $594.48, pushing its market capitalisation up [...]
20,000 women apply to become Japanese billionaire Yusaku Maezawa’s girlfriend January 16, 2020 Applications to become Japanese billionaire Yusaku Maezawa’s girlfriend have topped 20,000, streaming site AbemaTV said today. It comes ahead of a documentary which will follow Maezawa’s search for a “life partner” to take to the moon. The Japanese billionaire made headlines last September when it was announced that he will be the first private passenger [...]
Elon Musk stripteases at launch of Tesla SUV at new China factory January 7, 2020 Elon Musk left his army of followers hot under the collar this morning, when he posted a video of himself seemingly beginning a striptease on stage at the launch of Tesla’s Model Y in Shanghai. The Tesla boss was at his firm’s new Gigafactory in the city, when he started dancing in front of the [...]
Tesla shares hit record highs as firm beats vehicle delivery estimates January 3, 2020 Shares in Elon Musk’s Tesla today hit record highs after the firm beat Wall Street estimates for annual vehicle deliveries and met the low-end of its own target. Tesla said it delivered 112,000 vehicles in the fourth quarter, including 92,550 Model 3s and 19,450 Model S/X SUVs, which was above expectations of 104,960 vehicles, according [...]
Tesla delivers first electric cars made in China December 30, 2019 Electric car firm Tesla has delivered its first vehicles made in China as its billionaire founder Elon Musk targets a bigger share of the country’s car market. Fifteen Model 3 cars were handed over to employees at the firm’s Gigafactory near Shanghai, meaning deliveries have started just over a year after construction of the factory [...]
Watch Tesla boss Elon Musk take his Cybertruck out for a spin December 9, 2019 Outspoken Tesla boss Elon Musk has yet again used his celebrity status to promote his latest product, taking the controversial Cybertruck out for a night on the town in Malibu. The eccentric billionaire, who was last week cleared of defamation for calling a British cave diver a “pedo guy” on Twitter, arrived at paparazzi hotspot [...]
Elon Musk defamation trial: Tesla founder wins case over ‘pedo guy’ remark December 7, 2019 A US jury has ruled that Elon Musk did not defame a British caver who helped in last year’s rescue of trapped Thai schoolboys by calling him a “pedo guy”. Vernon Unsworth sought $190m (£145m) in damages from the billionaire on the grounds that the tweet had damaged his reputation. It came amid a public [...]
Elon Musk defamation trial: Diver refuses to apologise to Tesla founder December 5, 2019 Vernon Unsworth, the British cave diver suing Tesla founder Elon Musk for calling him a “pedo guy” on Twitter, refused to apologise to the billionaire businessman and said his criticism of Musk was not a personal attack. In the third day of the defamation trial, Unsworth said he would not say sorry for an interview [...]
Thai cave rescuer brands Elon Musk’s ‘pedo guy’ tweet a life sentence December 5, 2019 Vernon Unsworth, the diver seeking damages from Elon Musk, has described the effect of the billionaire’s “pedo guy” tweet as “a life sentence without parole.” Speaking in court in Los Angeles, Unsworth laid out in detail the effect he believes the comment has had on his life. Read more: Elon Musk defamation trial: Tesla founder [...]