China's leading electric vehicle (EV) manufacturer, BYD, has unveiled a new iteration of its popular car model amid a fierce price competition within the world's largest automobile market.

BYD launches new EV model with aggressive pricing amid market competition

Elon Musk, CEO of electric carmaker Tesla, had to step-in after the company ordered 4000 pies from a small bakery and then cancelled it. Giving Pies, the bakery in California, has now said that the outstanding bill is paid, said reports in media.

Tesla ordered 4,000 pies before cancelling, Musk forced to take care of bill

India is gearing up to become one of the most successful electric vehicles market in the world, not only is Tesla expected to turbocharge the country's electric landscape but two of India's leading EV makers are also cutting their prices this month igniting the promise of record-breaking growth Tata motors and Ola electric announced they are cutting the prices of their vehicles this month. Watch to know more!

Tesla's entry into India to be a gamechanger?

Norwegian Member of Parliament Marius Nilsen has nominated billionaire entrepreneur Elon Musk for the Nobel Peace Prize, citing Musk's unwavering support for dialogue, free speech, and global connectivity, as per a Politico report.

Elon Musk nominated for Nobel Peace Prize by Norwegian lawmaker 'for advocacy of free speech'

In a setback to Tesla's plans for expansion, citizens of Gruenheide have voted against a motion that would have allowed the razing of trees to make space for the enlargement of its German plant.

Tesla faces setback as German citizens reject expansion plans

Rocket company SpaceX has moved its state of incorporation to Texas from Delaware, CEO Elon Musk said Wednesday (Feb 14) in a post on X (formerly known as Twitter).

SpaceX moves to Texas after Delaware judge axes Musk's $56bn Tesla pay

A federal judge has mandated Elon Musk to testify once again in the US Securities and Exchange Commission's investigation into his $44 billion acquisition of Twitter, setting a deadline for both parties to finalise the details of the interview.

US judge orders Elon Musk to testify in SEC's Twitter probe, deadline set for agreement

Recent financial reports indicate that Tesla, the leading electric vehicle (EV) manufacturer, lags behind its automotive counterparts in the amount of revenue generated per employee.

Tesla's revenue per employee trails behind competitors, amid layoff speculations

Tesla faces mounting challenges as CEO Elon Musk warns of a slowdown in sales growth. Layoff fears loom large amid management inquiries, while tesla's stock volatility reflects investor apprehensions.

Layoff anxiety grips tesla amid management review

US Transportation Secretary Pete Buttigieg said on Monday (Feb 5) that human drivers need to remain attentive, after videos emerged showing Tesla drivers apparently using Apple's new Vision Pro headset while driving.

Tesla drivers spotted using VR headsets while on autopilot, prompt US government alarm. Watch

Tesla employee from the state of Minnesota in the United States was arrested after he allegedly threatened to kill US President Joe Biden and Billionaire Elon Musk. Watch to know more!

Tesla worker arrested for threatening to kill Elon Musk, Biden

In a twist to the tech industry, recent struggles faced by Tesla have ignited conversations among investors about a potential shake-up in the "magnificent seven stocks that have fueled a surge in US Markets. While the electric automaker's stock took a nosedive, dropping nearly 24% this year... And now speculations are rife about its replacement in this elite club.

Analysts cautious after bumpy year for Tesla

Tesla CEO Elon Musk faced a significant legal setback this week as he lost his $56 billion pay package in one of the most substantial legal defeats in US history.

Elon Musk loses $56 bn pay package in legal battle led by former heavy metal drummer

Elon Musk stripped of his $56 billion pay package. Musk says Tesla will vote to shift its state of incorporation. Tesla CEO suffers one of the biggest legal losses in US history. Pennsylvanian resident Richard Tornetta sued Tesla in 2018. Tornetta said, 'Investors were misled awarding compensation to Musk.' Watch to know more!

Elon Musk suffers biggest legal loss in US history | Heavy metal drummer costs Tesla CEO $55.8 bn

Tesla, the electric vehicle giant, is undertaking its most extensive recall in the United States, involving nearly all electric vehicles sold in the country. The recall is prompted by concerns related to warning lights, posing potential safety risks due to difficulties in reading critical information on the instrument panel, as reported by the Wall Street Journal.

Tesla's largest ever recall: Electric vehicle giant issues recall of nearly all its US vehicles

In a groundbreaking move, a judge in Delaware has cancelled the whopping $56 billion pay package awarded to Tesla's CEO, Elon Musk, back in 2018. The decision, given by Judge Kathaleen McCormick in Delaware Chancery Court, comes in response to a challenge from Tesla shareholder Richard Tornetta, who claimed Musk was overpaid.

After Judge cancels $56bn Tesla pay package, Musk warns 'never incorporate' companies in Delaware

Tesla CEO Elon Musk has suffered a setback after a court in U.S. struck down his record-breaking $56 billion pay package on Tuesday. The judges called his compensation plan "an unfathomable sum" that was unfair to the shareholders. The ruling came five years after lawsuit was filed criticizing the board for wasting corporate assets that they say led to Musk's unjust enrichment.

Gravitas | Elon Musk's massive $56 Billion Tesla pay package voided | judges say, 'It's too much'

A US Court has ruled that Elon Musk's $56 billion pay package at Tesla is "an unfathomable sum" that was unfair to shareholders. This is a big blow to the billionaire CEO's quest to get greater control over the 600 billion dollar company.

Judge voids Tesla's pay plan

Electric vehicle giant BYD is predicting a record-breaking year in 2023, with net profit expected to surge by up to 86%. This projection comes amid fierce competition, including its notable rival, Tesla, which reported a 19.4% growth in net profit.

BYD eyes record 2023 profits

Elon Musk, known for his engaging online presence, recently treated his followers on X (formerly Twitter) to a video showing Tesla's Optimus robot in action. The video features the humanoid robot navigating a room while Musk captioned the post with, "Going for a walk with Optimus.

Elon Musk 'walks with' Tesla’s Optimus robot, excitement erupts online. WATCH

Tesla is planning to build new electric vehicles. There is a new mobile game that is empowering girls in India. The week gone by was buzzing with a lot of exciting tech developments. And we bring you the most interesting ones in our tech wrap.

North Korea's AI development raises concerns

Tesla, the world's most valuable automaker, hit a major speed bump this week. CEO Elon Musk warned of "notably lower" growth in 2024, despite recent price cuts that hurt margins. Investors reacted harshly, sending the stock down 13% in a week. Meanwhile, short sellers are having a field day, making Tesla the most profitable short trade in the US so far this year.

Musk warns of slower sales growth

Tesla stock tumbled over 12% on Thursday after CEO Elon Musk warned sales growth would slow this year despite price cuts that have already hurt margins at the world's most valuable automaker and fueled investor concerns about soft demand and Chinese competition.

Tesla erases $80 billion in valuation after Musk's sales warning

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