Elon Musk's net worth surged to $500 billion, making him the first person in history to reach this milestone. This was primarily driven by a rebound in Tesla's shares and the increasing valuations of his AI startup xAI and rocket company SpaceX. The Tesla board also proposed a $1 trillion compensation plan for Musk.


Elon Musk becomes first person to hit $500 billion net worth

Celeste Rivas, 15, was found dead in singer D4vd’s Tesla over a year after going missing. A neighbor claims he saw them together often. A homicide investigation is ongoing.


How a missing teen was found dismembered in singer D4vd’s Tesla

Let's focus our shift to Elon Musk... well, Musk has just made a billion-dollar bet on his own company. A fresh regulatory filing shows Musk snapping up millions of Tesla shares, even as shareholders prepare to vote on a record-breaking pay package that could make him the world’s first trillion-dollar executive.

Musk buys $1 billion in Tesla shares

Tesla is facing a class action lawsuit in San Francisco federal court over alleged hiring discrimination. The complaint, filed by a software engineer and a human resource specialist and reported by Reuters, accuses the company of systematically favoring H1 B visa holders over U.S. Citizens.

Tesla in crisis: Trump administration steps up scrutiny of foreign workers

A new lawsuit accuses Tesla of favoring H1-B visa holders over American workers, alleging wage disparities and unfair hiring practices. The case adds to Tesla’s growing challenges amid market share pressures.


Tesla faces lawsuit over H1-B hiring, alleged pay discrimination

Not Just in Europe, Tesla Is Losing Its Shine in the U.S., Too. Tesla's U.S. Market Share Dropped in August to the Lowest Since 2017 as Competition Heats Up. Consumers Opted for Electric Vehicles From an Expanding Pool of Competitors Rather Than the Company's Aging Lineup.

Tesla's U.S. market share falls to lowest since 2017

Tesla has achieved a big milestone in India with the first delivery of its Model Y SUV from its new ‘Tesla Experience Centre’ in Mumbai’s Bandra Kurla Complex (BKC). Maharashtra Transport Minister Pratap Sarnaik became the first Indian customer to receive the car directly from the official Tesla outlet. The Shiv Sena leader had booked the Model Y soon after Tesla opened its first showroom in India in July this year. At the handover, the company showcased the SUV and explained its key technology and eco-friendly features.&nbsp;&nbsp;Speaking at the event, Sarnaik said that his purchase was not just for personal use but also to support Maharashtra’s push for a clean and green environment. He further added that he also plans to gift a Tesla to his grandson to encourage awareness of electric vehicles among the younger generation.&nbsp;&nbsp;The minister also highlighted that his state aims to expand electric vehicle adoption over the next few years. He also mentioned ongoing EV benefits, such as toll exemptions on the Atal Setu and Samruddhi Expressway. He further noted that the state transport body, Maharashtra State Road Transport Corporation (MSRTC), has already added nearly 5,000 e-buses to its fleet.&nbsp;Also Read - <a href="https://www.wionews.com/india-news/tesla-store-delhi-location-after-mumbai-tesla-opens-second-experience-centre-in-delhi-this-city-is-next-1754916198921">After Mumbai, Tesla opens second experience centre in Delhi; THIS city is next</a>&nbsp;<h2>Key features of Tesla Model Y</h2>The Tesla Model Y is available in two versions. In the first variant, the Rear-Wheel Drive (RWD) uses a 60kWh battery and offers a range of up to 500km, while in the second variant, the Long Range RWD variant extends up to 622km. Both models use a single motor, and the RWD variant goes from 0-100 km/h in 5.9 seconds, while the LR RWD does it in 5.6 seconds.&nbsp;Also Read - <a href="https://www.wionews.com/trending/can-elon-musk-become-world-s-first-trillionaire-yes-if-1757073766536">Can Elon Musk become world’s first trillionaire? Yes, if…</a>&nbsp;The price for the RWD model starts at Rs 59.89 lakh ($67,954.50) (ex-showroom, Delhi), while the LR RWD costs Rs 67.89 lakh ($77,031.73). The standard colour of these models is Stealth Grey. While other shades are also available, customers have to pay extra for them. &nbsp;&nbsp;The Pearl White and Diamond Black colours are available at an additional cost of Rs 95,000, while Glacier Blue and Quicksilver or Ultra Red are available at the cost of Rs 1.25 lakh ($1,418.39) and Rs 1.85 lakh ($2,099.22), respectively. &nbsp;

The Tesla Model Y is available in two versions. In the first version, the Rear-Wheel Drive (RWD) uses a 60kWh battery and offers a range of up to 500km, while in the second variant, the long range RWD variant extends up to to 622km. 

Tesla has achieved a big milestone in India with the first delivery of its Model Y SUV from its new ‘Tesla Experience Centre’ in Mumbai’s Bandra Kurla Complex (BKC). Maharashtra Transport Minister Pratap Sarnaik became the first Indian customer to receive the car directly from the official Tesla outlet. The Shiv Sena leader had booked the Model Y soon after Tesla opened its first showroom in India in July this year. At the handover, the company showcased the SUV and explained its key technology and eco-friendly features. Speaking at the event, Sarnaik said that his purchase was not just for personal use but also to support Maharashtra’s push for a clean and green environment. He further added that he also plans to gift a Tesla to his grandson to encourage awareness of electric vehicles among the younger generation. The minister also highlighted that his state aims to expand electric vehicle adoption over the next few years. He also mentioned ongoing EV benefits, such as toll exemptions on the Atal Setu and Samruddhi Expressway. He further noted that the state transport body, Maharashtra State Road Transport Corporation (MSRTC), has already added nearly 5,000 e-buses to its fleet. Also Read - After Mumbai, Tesla opens second experience centre in Delhi; THIS city is next Key features of Tesla Model Y The Tesla Model Y is available in two versions. In the first variant, the Rear-Wheel Drive (RWD) uses a 60kWh battery and offers a range of up to 500km, while in the second variant, the Long Range RWD variant extends up to 622km. Both models use a single motor, and the RWD variant goes from 0-100 km/h in 5.9 seconds, while the LR RWD does it in 5.6 seconds. Also Read - Can Elon Musk become world’s first trillionaire? Yes, if… The price for the RWD model starts at Rs 59.89 lakh ($67,954.50) (ex-showroom, Delhi), while the LR RWD costs Rs 67.89 lakh ($77,031.73). The standard colour of these models is Stealth Grey. While other shades are also available, customers have to pay extra for them. The Pearl White and Diamond Black colours are available at an additional cost of Rs 95,000, while Glacier Blue and Quicksilver or Ultra Red are available at the cost of Rs 1.25 lakh ($1,418.39) and Rs 1.85 lakh ($2,099.22), respectively.

The Tesla Model Y is available in two versions. In the first variant, the Rear-Wheel Drive (RWD) uses a 60kWh battery and offers a range of up to 500km, while in the second variant, the Long Range RWD variant extends up to to 622km.&nbsp;

Elon Musk's Tesla hits Indian road for first time - Who owns it?

Elon Musk, who has achieved the title of the richest person in the world, could soon become the world’s first trillionaire. This would be possible if he meets the performance goals as per a proposal by the Tesla board on Friday (Sep 5). If the pay package is approved by the shareholders in a vote on November 6, the new proposal could allow the CEO to earn unprecedented sums of money.<h2>What is in the new proposal?</h2>According to Tesla’s board, the plan is linked with Musk’s ability to transform the company from an electric vehicle manufacturer into an AI and technology-driven powerhouse with expansion in areas like autonomous systems, artificial intelligence products and robotics, The New York Times reported. The plan is expected to be put to a vote at an annual meeting on November 6.<h2>Can Musk become a trillionaire?</h2>Currently, Musk has a net worth of more than $400 billion, as per Forbes. The new pay could add an additional $900 billion to his wealth. However, it is only possible if the value of Tesla stocks increases significantly in the coming years.To achieve this, the company’s stock would need to reach an overall value of $8.5 trillion. This is significantly higher than the current market capitalisation of $1.1 trillion and roughly double the current market value of Nvidia, the most valuable company on the market as of now. Tesla (TSLA) shares were slightly higher in premarket trading on the news.Musk would need to remain at Tesla for at least seven and a half years to cash any of the shares, and 10 years to gain the full amount. He would need to meet various ambitious operational milestones, including commercial deployment of a million autonomous taxis and humanoid robots. He would also need to increase his profit by 24-fold.<h2>Challenges faced by Musk</h2>The elaborate pay plan is also expected to be slammed by some shareholders, who have alleged that the CEO has performed poorly in recent years. Musk has faced increasing criticism, especially for his role in the US President Donald Trump’s government as the head of the Department of Government Efficiency, which has damaged the company.&nbsp;

Elon Musk, the richest person, could become the world’s first trillionaire if he is able to achieve the milestones laid down under the new proposal by the Tesla Board. Here’s how:

Elon Musk, who has achieved the title of the richest person in the world, could soon become the world’s first trillionaire. This would be possible if he meets the performance goals as per a proposal by the Tesla board on Friday (Sep 5). If the pay package is approved by the shareholders in a vote on November 6, the new proposal could allow the CEO to earn unprecedented sums of money. What is in the new proposal? According to Tesla’s board, the plan is linked with Musk’s ability to transform the company from an electric vehicle manufacturer into an AI and technology-driven powerhouse with expansion in areas like autonomous systems, artificial intelligence products and robotics, The New York Times reported. The plan is expected to be put to a vote at an annual meeting on November 6. Can Musk become a trillionaire? Currently, Musk has a net worth of more than $400 billion, as per Forbes. The new pay could add an additional $900 billion to his wealth. However, it is only possible if the value of Tesla stocks increases significantly in the coming years. To achieve this, the company’s stock would need to reach an overall value of $8.5 trillion. This is significantly higher than the current market capitalisation of $1.1 trillion and roughly double the current market value of Nvidia, the most valuable company on the market as of now. Tesla (TSLA) shares were slightly higher in premarket trading on the news. Musk would need to remain at Tesla for at least seven and a half years to cash any of the shares, and 10 years to gain the full amount. He would need to meet various ambitious operational milestones, including commercial deployment of a million autonomous taxis and humanoid robots. He would also need to increase his profit by 24-fold. Challenges faced by Musk The elaborate pay plan is also expected to be slammed by some shareholders, who have alleged that the CEO has performed poorly in recent years. Musk has faced increasing criticism, especially for his role in the US President Donald Trump’s government as the head of the Department of Government Efficiency, which has damaged the company.

Elon Musk, the richest person, could become the world’s first trillionaire if he is able to achieve the milestones laid down under the new proposal by the Tesla Board. Here’s how:

Can Elon Musk become world’s first trillionaire? Yes, if…

India’s first Tesla Model Y has been delivered to Maharashtra Transport Minister Pratap Sarnaik and is now on the roads. Sarnaik becomes the first Tesla Model Y owner in India, boosting awareness of electric vehicles. 

India’s first Tesla Model Y has been delivered to Maharashtra Transport Minister Pratap Sarnaik and is now on the roads. Sarnaik becomes the first Tesla Model Y owner in India, boosting awareness of electric vehicles.&nbsp;

Maharashtra minister becomes first Tesla Model Y owner as first car delivered in India

Tesla’s slump in Europe is deepening. Sales in the European Union fell 40 percent in July compared to a year earlier. That’s despite a 39 percent surge in overall electric vehicle sales across the bloc.

Tesla’s Europe slump deepens

The race for robotaxis is heating up in the United States. Tesla Cybercab and Alphabet-owned Waymo are leading the charge, but they are taking very different paths. Their strategies show two competing visions of how the future of driverless transport might look.<h2>Tesla’s rapid approach</h2>Tesla began trialling its robotaxi service in Austin, Texas, in June 2024. Tesla CEO Elon Musk has promised that by the end of this year in a X post, driverless Teslas could be available to&nbsp;‘Half the population of the U.S.’&nbsp;Tesla’s technology relies mainly on cameras and artificial intelligence to mimic human driving. According to the company, this approach reduces the need for detailed maps and lengthy testing in every city. Musk told analysts earlier this year, ‘Once we can make it basically work in a few cities in America, we can make it work anywhere.’&nbsp;Tesla believes this will allow it to expand much faster than competitors. Musk has even set a target of&nbsp;‘Millions of Teslas operating autonomously’ by next year. However, the vehicles are still in testing, and approvals in new states such as Arizona, Nevada and Florida are pending.<h2>Waymo’s cautious strategy</h2>Waymo, by contrast, has been testing autonomous ride-hailing for more than eight years. It launched its first trial service in Phoenix and now operates in parts of San Francisco, Los Angeles, Austin, Atlanta and Phoenix. Its services cover areas with about 3 per cent of the U.S. population.&nbsp;Waymo’s method is slower but more detailed. The company maps each city thoroughly before launching. Vehicles are tested first with drivers at the wheel, then with employees as passengers, before finally opening to the public. According to Waymo product manager Aman Nalavade,&nbsp;We really need to understand the core ingredients of each of these cities. There is a lot of risk in doing this incorrectly.&nbsp;&nbsp;Waymo relies on sensors, high-definition maps and step-by-step decision-making in its AI. This makes it safer in the short term, analysts say, but also harder to scale quickly.<h2>Investors and risks</h2>Many investors are betting on Tesla’s faster growth. Morningstar analysts (March 2024 report) projected that Tesla may launch fully autonomous robotaxis by 2028 and eventually surpass Waymo’s market share. But they also expect Waymo to ramp up more quickly in the near term because of its tested technology.&nbsp;Tesla faces pressure as its core electric vehicle sales have slowed, particularly in Europe. The robotaxi project could become a vital new revenue stream if it succeeds.&nbsp;Waymo, meanwhile, has faced setbacks too. In Austin, police recorded cases where its vehicles blocked traffic or ignored signals. Authorities have issued citations to the company’s cars this year. Waymo said it takes such feedback seriously and is working with officials to improve its technology.

The tesla robotaxi battle is heating up as Tesla and Waymo take very different paths. Tesla is betting on speed and scale with AI-driven cars, while Waymo focuses on safety and detailed mapping. Both are racing for dominance in a multi-trillion-dollar market. Know more, read more below.

The race for robotaxis is heating up in the United States. Tesla Cybercab and Alphabet-owned Waymo are leading the charge, but they are taking very different paths. Their strategies show two competing visions of how the future of driverless transport might look. Tesla’s rapid approach Tesla began trialling its robotaxi service in Austin, Texas, in June 2024. Tesla CEO Elon Musk has promised that by the end of this year in a X post, driverless Teslas could be available to ‘Half the population of the U.S.’ Tesla’s technology relies mainly on cameras and artificial intelligence to mimic human driving. According to the company, this approach reduces the need for detailed maps and lengthy testing in every city. Musk told analysts earlier this year, ‘Once we can make it basically work in a few cities in America, we can make it work anywhere.’ Tesla believes this will allow it to expand much faster than competitors. Musk has even set a target of ‘Millions of Teslas operating autonomously’ by next year. However, the vehicles are still in testing, and approvals in new states such as Arizona, Nevada and Florida are pending. Waymo’s cautious strategy Waymo, by contrast, has been testing autonomous ride-hailing for more than eight years. It launched its first trial service in Phoenix and now operates in parts of San Francisco, Los Angeles, Austin, Atlanta and Phoenix. Its services cover areas with about 3 per cent of the U.S. population. Waymo’s method is slower but more detailed. The company maps each city thoroughly before launching. Vehicles are tested first with drivers at the wheel, then with employees as passengers, before finally opening to the public. According to Waymo product manager Aman Nalavade, We really need to understand the core ingredients of each of these cities. There is a lot of risk in doing this incorrectly. Waymo relies on sensors, high-definition maps and step-by-step decision-making in its AI. This makes it safer in the short term, analysts say, but also harder to scale quickly. Investors and risks Many investors are betting on Tesla’s faster growth. Morningstar analysts (March 2024 report) projected that Tesla may launch fully autonomous robotaxis by 2028 and eventually surpass Waymo’s market share. But they also expect Waymo to ramp up more quickly in the near term because of its tested technology. Tesla faces pressure as its core electric vehicle sales have slowed, particularly in Europe. The robotaxi project could become a vital new revenue stream if it succeeds. Waymo, meanwhile, has faced setbacks too. In Austin, police recorded cases where its vehicles blocked traffic or ignored signals. Authorities have issued citations to the company’s cars this year. Waymo said it takes such feedback seriously and is working with officials to improve its technology.

The Tesla robotaxi battle is heating up as Tesla and Waymo take very different paths. Tesla is betting on speed and scale with AI-driven cars, while Waymo focuses on safety and detailed mapping. Both are racing for dominance in a multi-trillion-dollar market. Know more, read more below.

Tesla cybercab vs Waymo: Who will win the us robotaxi race?

Elon Musk’s political stint continues to prove costly for Tesla. The carmaker is facing drastic decline across countries, majorly in Europe and China. In the first half of this year, Tesla sales plunged by half or more in Germany, Sweden, Denmark, and Netherlands.


Norway Bucks Trend With 24% Tesla Sales Growth in 2025

Tesla’s recent quarterly earnings report revealed a sharp drop in revenue, marking its biggest decline in over a decade. The company’s second-quarter revenue fell 12 per cent to $22.5 billion, down from $25.5 billion in the same period last year. Despite efforts to refresh its Model Y and expand into autonomous vehicle services, Tesla continues to grapple with the impact of external challenges, including political tensions and regulatory shifts. Tesla's declining revenue was attributed to several key factors, including a significant drop in vehicle deliveries, which fell by 14 per cent in the second quarter.&nbsp;Additionally, the expiration of federal tax credits for electric vehicles, part of a sweeping fiscal package introduced by US President Donald Trump, added pressure. The loss of these green incentives is expected to further hit Tesla's sales in the coming months. CEO Elon Musk acknowledged the company’s struggles during an earnings call, stating that Tesla could face "a few rough quarters" as it adjusts to the changing regulatory landscape. The elimination of tax incentives and the impact of higher tariffs, especially on foreign-sourced vehicle components from China, have created an uncertain environment for the electric vehicle maker. Tesla’s operating margin also fell, dropping to 4.1 per cent from 6.3 per cent a year earlier.<h2>Musk’s political activity contributes to brand damage</h2>Tesla’s struggles are also compounded by Musk’s increasing political involvement. His recent political activities, such as his controversial support for former President Trump’s policies and his launch of a new political party, the “America Party,” have attracted criticism. Musk’s close association with Trump, along with his tenure at the Department of Government Efficiency (Doge), which led to significant federal layoffs, has alienated some consumers and investors. This fallout appears to have hurt Tesla’s brand image, particularly in Europe and the US.Musk’s shifting political allegiance, including endorsements of far-right parties, has raised questions about his focus on Tesla and whether his political actions could further damage the company's reputation.<h2>Robotaxis and AI as Tesla’s future growth drivers</h2>Despite the challenges, Musk remains optimistic about Tesla's future growth, particularly in the realm of artificial intelligence (AI) and autonomous driving. Tesla launched a robotaxi service in Austin, Texas, last month as part of its push toward self-driving technology. Musk emphasised that the rollout of robotaxis and the company's AI-powered humanoid robots would become central to Tesla’s long-term success.Additionally, Musk reiterated Tesla’s efforts to build a more affordable electric vehicle, which is expected to begin mass production by the second half of 2025. However, despite these optimistic projections, Tesla faces ongoing pressure from both political and market forces that could continue to affect its near-term performance.Tesla’s quarterly earnings serve as a reminder of the many challenges it faces, from regulatory pressures to political controversies. While the company’s long-term prospects remain tied to its AI and robotaxi ambitions, the CEO believes that coming quarters could prove difficult as it navigates the shifting landscape.&nbsp;(With inputs from agencies)

Despite the challenges, Elon Musk remains optimistic about Tesla's future growth, particularly in the realm of artificial intelligence (AI) and autonomous driving. Tesla launched a robotaxi service in Austin, Texas, last month as part of its push toward self-driving technology.

Tesla’s recent quarterly earnings report revealed a sharp drop in revenue, marking its biggest decline in over a decade. The company’s second-quarter revenue fell 12 per cent to $22.5 billion, down from $25.5 billion in the same period last year. Despite efforts to refresh its Model Y and expand into autonomous vehicle services, Tesla continues to grapple with the impact of external challenges, including political tensions and regulatory shifts. Tesla's declining revenue was attributed to several key factors, including a significant drop in vehicle deliveries, which fell by 14 per cent in the second quarter. Additionally, the expiration of federal tax credits for electric vehicles, part of a sweeping fiscal package introduced by US President Donald Trump, added pressure. The loss of these green incentives is expected to further hit Tesla's sales in the coming months. CEO Elon Musk acknowledged the company’s struggles during an earnings call, stating that Tesla could face "a few rough quarters" as it adjusts to the changing regulatory landscape. The elimination of tax incentives and the impact of higher tariffs, especially on foreign-sourced vehicle components from China, have created an uncertain environment for the electric vehicle maker. Tesla’s operating margin also fell, dropping to 4.1 per cent from 6.3 per cent a year earlier. Musk’s political activity contributes to brand damage Tesla’s struggles are also compounded by Musk’s increasing political involvement. His recent political activities, such as his controversial support for former President Trump’s policies and his launch of a new political party, the “America Party,” have attracted criticism. Musk’s close association with Trump, along with his tenure at the Department of Government Efficiency (Doge), which led to significant federal layoffs, has alienated some consumers and investors. This fallout appears to have hurt Tesla’s brand image, particularly in Europe and the US. Musk’s shifting political allegiance, including endorsements of far-right parties, has raised questions about his focus on Tesla and whether his political actions could further damage the company's reputation. Robotaxis and AI as Tesla’s future growth drivers Despite the challenges, Musk remains optimistic about Tesla's future growth, particularly in the realm of artificial intelligence (AI) and autonomous driving. Tesla launched a robotaxi service in Austin, Texas, last month as part of its push toward self-driving technology. Musk emphasised that the rollout of robotaxis and the company's AI-powered humanoid robots would become central to Tesla’s long-term success. Additionally, Musk reiterated Tesla’s efforts to build a more affordable electric vehicle, which is expected to begin mass production by the second half of 2025. However, despite these optimistic projections, Tesla faces ongoing pressure from both political and market forces that could continue to affect its near-term performance. Tesla’s quarterly earnings serve as a reminder of the many challenges it faces, from regulatory pressures to political controversies. While the company’s long-term prospects remain tied to its AI and robotaxi ambitions, the CEO believes that coming quarters could prove difficult as it navigates the shifting landscape. (With inputs from agencies)

Despite the challenges, Elon Musk remains optimistic about Tesla's future growth, particularly in the realm of artificial intelligence (AI) and autonomous driving. Tesla launched a robotaxi service in Austin, Texas, last month as part of its push toward self-driving technology.

Tesla's revenue declines sharply amid political controversy and policy shifts

Elon Musk’s car collection includes classics like the Ford Model T and McLaren F1, along with modern electric cars like the Tesla roadster and Model S. his garage reflects a mix of innovation, history, and high performance.

Elon Musk’s car collection includes classics like the Ford Model T and McLaren F1, along with modern electric cars like the Tesla roadster and Model S. his garage reflects a mix of innovation, history, and high performance.

‘Tesla to McLaren’ Elon Musk’s car collection (See photos)

In a bizarre incident, an American techie credited his Tesla for saving not just his life but also that of his fiancé and their dog. In a viral video, he shared that his Tesla car, which was in full self-driving mode, was "hesitant" to move forward at a green light, saving him from an accident.The X user named Tyler wrote that the car "hesitated" in an intersection, adding that he thought that the car was "going against" his will."While using @Tesla_AI in Full Self-Driving mode on a morning drive to pick up brunch, we approached a green arrow to turn left," he wrote."That's when, all of a sudden... Wham BAAM! A wall burst past us and T-boned the car next to us going straight."The user shared the accident's dashcam footage. According to the video, the car did not cross an intersection as it should have been as per the green arrow turn. However, a vehicle beside it began moving.Later, within minutes, a truck slammed into the vehicle, by just narrowing missing the Tesla.

<blockquote class="twitter-tweet" data-media-max-width="560">Today, my <a href="https://twitter.com/Tesla?ref_src=twsrc%5Etfw">@tesla</a> Model 3 saved my fiancée, dog, and my life. While using <a href="https://twitter.com/Tesla_AI?ref_src=twsrc%5Etfw">@Tesla_AI</a> in Full Self-Driving mode on a morning drive to pick up brunch, we approached a green arrow to turn left. My car hesitated. I was confused and felt like it was going against my will. That&#39;s… <a href="https://t.co/WJ3zFHqSCq">pic.twitter.com/WJ3zFHqSCq</a>&mdash; Taylor (@Ryanb58) <a href="https://twitter.com/Ryanb58/status/1944505030570303784?ref_src=twsrc%5Etfw">July 13, 2025</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

He shared a video on X, adding, "I immediately went to the park and checked on the driver." Considering whether the driver was well or not, the Tesla driver rushed to him. "He was okay—a young 20-year-old by himself, physically fine. I gave him my number and sent him the footage later.""Crazy the impact having an assistant watching 360 degrees around you can make on the people you love and your own life," the user added.&nbsp;Watch: Tesla Model Y drives itself from factory to customer's homehttps://www.wionews.com/videos/tesla-model-y-drives-itself-from-factory-to-customer-s-home-1751362194920/embed<h2>Netizens react</h2>One of the users reacted, writing, "These things have a self-preservation instinct, and never blink."Another user wrote about a similar incident that happened with him, writing, "similar with my wife, someone would have tboned our Model Y, it stopped at the intersection and wife said wtf then suddenly a car goes 45mph through the stop sign!"The users kept on lauding Elon Musk's Tesla, as one of the users said, "Excellent! So glad to see that! Have driven through that intersection 8 million times with my Tesla too. Glad you're safe. These cars are the best!"

A US citizen lauded Elon Musk's Tesla, for saving his life, along with his girlfriend's and their dog's. In a post on X, he shared the accident dashcam footage, explaining how his car saved them from an accident.

In a bizarre incident, an American techie credited his Tesla for saving not just his life but also that of his fiancé and their dog. In a viral video, he shared that his Tesla car, which was in full self-driving mode, was "hesitant" to move forward at a green light, saving him from an accident. The X user named Tyler wrote that the car "hesitated" in an intersection, adding that he thought that the car was "going against" his will. "While using @Tesla_AI in Full Self-Driving mode on a morning drive to pick up brunch, we approached a green arrow to turn left," he wrote. "That's when, all of a sudden... Wham BAAM! A wall burst past us and T-boned the car next to us going straight." The user shared the accident's dashcam footage. According to the video, the car did not cross an intersection as it should have been as per the green arrow turn. However, a vehicle beside it began moving. Later, within minutes, a truck slammed into the vehicle, by just narrowing missing the Tesla.

A US citizen lauded Elon Musk's Tesla, for saving his life, along with his girlfriend's and their dog's. In a post on X, he shared the accident dashcam footage, explaining how his car saved them from an accident.

Tesla saves US techie, his girlfriend and dog from accident - Here's how | WATCH dashcam footage

Tesla has expanded its Robotaxi business in Austin, Texas, and the map of the area covered is raising eyebrows. The robotaxi geofence has a phallic shape, and some people think that the only reason Musk expanded the map was to indulge in some juvenile-level humour. The new map was rolled out on July 14, and some of the first ones to use it noticed an odd pattern - the geofence looks like a penis. There is no clarity on whether it was intentional; however, Musk's own words accompanying the map and the expansion hint that he is well aware of what he has done. The Tesla CEO reposted a photo of the Robotaxi geofence with the words - “Harder, Better, Faster, Stronger." The official Robotaxi account also announced the new areas covered with the penis-shaped mask, in a post that read: “Just expanded our surface area… We’re big eggplant fans!” Musk then quote-tweeted the post, with the phrase, “Bigger, longer and uncut,” followed by a laughing emoji. Also Read: <a href="https://www.wionews.com/world/amid-a-feud-with-donald-trump-elon-musk-s-ai-firm-bags-crucial-us-government-contract-1752547896646">Amid feud with Donald Trump, Elon Musk's AI firm bags crucial US government contract</a>&nbsp;Other users pointed out that Tesla's geofence is now larger than Waymo's by a few square miles. An expert observer wrote in Electrek that this latest expansion, adding new areas in Austin, serves no functional purpose and seems intended purely to indulge Musk’s well-known taste for juvenile humour. He also pointed out the billionaire's fixation with the numbers "69" and "420." Others also think that the new geofencing has no practical justification. As the penis-shaped Robotaxi map went viral, criticism also started pouring in. Musk is unfazed by it and took a jibe at the media in another post on X, “And they take themselves so seriously." Also Read: <a href="https://www.wionews.com/business-economy/tesla-to-fund-xai-musk-says-it-s-up-to-shareholders-as-grok-maker-apologises-for-posts-praising-adolf-hitler-1752465642224">Musk teases Tesla–xAI deal: 'If it was up to me, we’d have invested long ago,' leaves decision to shareholders</a> &nbsp;

<blockquote class="twitter-tweet">Bigger, longer and uncut 😂 <a href="https://t.co/VmAfkdndMI">https://t.co/VmAfkdndMI</a>&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1944688226037325868?ref_src=twsrc%5Etfw">July 14, 2025</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

<blockquote class="twitter-tweet">Harder, Better, Faster, Stronger <a href="https://t.co/t7grvsIJKg">pic.twitter.com/t7grvsIJKg</a>&mdash; Tesla Robotaxi (@robotaxi) <a href="https://twitter.com/robotaxi/status/1944717529538015677?ref_src=twsrc%5Etfw">July 14, 2025</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

<h2>Tesla employee in front seat of Robotaxi with hands on kill switch</h2>After being launched in June, Tesla's Robotaxis were only available to a few tech influencers and investors in Zilker, South Lamar, South Congress, East Riverside Otorff, and part of the Lakeshore and the Rainey Street Historic District. At the time, Waymo's geofence was about twice as large, Business Insider reported. The Robotaxi had a Tesla employee in the front seat with a finger on a kill switch at all times. It offered rides in Robotaxi on an invite-only basis for $4.20 a ride. Musk had announced last week that the Robotaxi service area would be expanded by the weekend. In April, he said that the company would rapidly "scale up robotaxis after the launch", and by the second half of 2026, "millions of Teslas" would be out and about on the streets.&nbsp;<a href="https://www.wionews.com/videos/musk-s-ai-company-apologised-over-few-anti-semitic-posts-by-its-grok-chatbot-1752387317088">https://www.wionews.com/videos/musk-s-ai-company-apologised-over-few-anti-semitic-posts-by-its-grok-chatbot-1752387317088</a>/embed&nbsp;Questions are now being raised about how serious Musk is about the Robotaxi. Tesla share prices are down about 20 per cent since Donald Trump was elected president last year. Musk's has since led a non-govt department DOGE to cut down on federal costs followed by a very public spat with the president.&nbsp;

Robotaxi Austin map: Tesla Robotaxi in Austin has expanded into newer areas, and the geofencing map of the service now looks like a penis. Musk retweeted the photo with the words Harder, Better, Faster, Stronger, and people think the phallic shape might be intentional.  

Tesla has expanded its Robotaxi business in Austin, Texas, and the map of the area covered is raising eyebrows. The robotaxi geofence has a phallic shape, and some people think that the only reason Musk expanded the map was to indulge in some juvenile-level humour. The new map was rolled out on July 14, and some of the first ones to use it noticed an odd pattern - the geofence looks like a penis. There is no clarity on whether it was intentional; however, Musk's own words accompanying the map and the expansion hint that he is well aware of what he has done. The Tesla CEO reposted a photo of the Robotaxi geofence with the words - “Harder, Better, Faster, Stronger." The official Robotaxi account also announced the new areas covered with the penis-shaped mask, in a post that read: “Just expanded our surface area… We’re big eggplant fans!” Musk then quote-tweeted the post, with the phrase, “Bigger, longer and uncut,” followed by a laughing emoji. Also Read: Amid feud with Donald Trump, Elon Musk's AI firm bags crucial US government contract Other users pointed out that Tesla's geofence is now larger than Waymo's by a few square miles. An expert observer wrote in Electrek that this latest expansion, adding new areas in Austin, serves no functional purpose and seems intended purely to indulge Musk’s well-known taste for juvenile humour. He also pointed out the billionaire's fixation with the numbers "69" and "420." Others also think that the new geofencing has no practical justification. As the penis-shaped Robotaxi map went viral, criticism also started pouring in. Musk is unfazed by it and took a jibe at the media in another post on X, “And they take themselves so seriously." Also Read: Musk teases Tesla–xAI deal: 'If it was up to me, we’d have invested long ago,' leaves decision to shareholders

Robotaxi Austin map: Tesla Robotaxi in Austin has expanded into newer areas, and the geofencing map of the service now looks like a penis. Musk retweeted the photo with the words “Harder, Better, Faster, Stronger", and people think the phallic shape might be intentional. &nbsp;

Tesla Robotaxi Austin map looks oddly strange, and internet can't get over Musk's comment

Billionaire Elon Musk’s Tesla is set to open its first showroom in India on Tuesday (Jul 15). The electric car maker is expected to start deliveries as early as next month, Bloomberg reported, citing people familiar with the matter. This comes as Tesla seeks to tap into the world’s third-largest automobile market amid declining sales. The showroom, which will open in Mumbai, marks the official entry of the vehicle manufacturer into the market, offering a range of variants, trim options and access to pricing.&nbsp;The report added that customers will be able to configure and order their Tesla EVs from next week, with deliveries expected to start from late August. Last month, Bloomberg reported that the first batch of cars, Model Y rear-wheel drive SUVs, had arrived in the country after being shipped from the company’s factory in China.&nbsp;Tesla will also open a second showroom in the capital, New Delhi, which is scheduled to be opened in late July, the report added.&nbsp;Tesla’s entry into the Indian market comes as the EV maker witnesses a slump in its global sales in the second quarter. Tesla’s sales and stocks have plummeted despite Musk claiming that the business had recovered following the criticism he faced while working with the Trump administration.&nbsp;According to documents reviewed by Bloomberg last month, five Model Y units were declared at about 2.77 million rupees ($32,270) each. Given India’s 70 per cent import tariffs on fully-built cars under $40,000, along with additional surcharges, the cars are expected to sell at a substantial premium to the roughly $46,630 they go for in the US.&nbsp;The first week of operations at the new showroom in Mumbai will focus on VIPs and business partners, the report added. Access to the Tesla showrooms will be granted to the general public the following week.

The showroom, which will open in Mumbai, marks the official entry of the vehicle manufacturer into the market, offering a range of variants, trim options and access to pricing.

Billionaire Elon Musk’s Tesla is set to open its first showroom in India on Tuesday (Jul 15). The electric car maker is expected to start deliveries as early as next month, Bloomberg reported, citing people familiar with the matter. This comes as Tesla seeks to tap into the world’s third-largest automobile market amid declining sales. The showroom, which will open in Mumbai, marks the official entry of the vehicle manufacturer into the market, offering a range of variants, trim options and access to pricing. The report added that customers will be able to configure and order their Tesla EVs from next week, with deliveries expected to start from late August. Last month, Bloomberg reported that the first batch of cars, Model Y rear-wheel drive SUVs, had arrived in the country after being shipped from the company’s factory in China. Tesla will also open a second showroom in the capital, New Delhi, which is scheduled to be opened in late July, the report added. Tesla’s entry into the Indian market comes as the EV maker witnesses a slump in its global sales in the second quarter. Tesla’s sales and stocks have plummeted despite Musk claiming that the business had recovered following the criticism he faced while working with the Trump administration. According to documents reviewed by Bloomberg last month, five Model Y units were declared at about 2.77 million rupees ($32,270) each. Given India’s 70 per cent import tariffs on fully-built cars under $40,000, along with additional surcharges, the cars are expected to sell at a substantial premium to the roughly $46,630 they go for in the US. The first week of operations at the new showroom in Mumbai will focus on VIPs and business partners, the report added. Access to the Tesla showrooms will be granted to the general public the following week.

The showroom, which will open in Mumbai, marks the official entry of the vehicle manufacturer into the market, offering a range of variants, trim options and access to pricing.

Musk’s Tesla to start deliveries at India’s showroom from August, second showroom to be opened in THIS city

Tesla will open its first showroom in India on July 15. The location of the showroom will be Jio World Drive in Mumbai, said a report. The US EV-maker had leased a retail space in March. The showroom will be opened close to Apple's flagship store. Earlier&nbsp;this month, Tesla also leased a commercial space for warehousing in Mumbai's Kurla. Here are the key details of Tesla's India operations. The Elon Musk-led firm has leased a total of four properties in India, including an engineering hub in Pune and an office in Bengaluru.&nbsp;Union Minister for Heavy Industries HD Kumaraswamy had said in June that Tesla was not interested in setting up manufacturing in India and wanted to open showrooms.&nbsp;Tesla said on Friday that the Mumbai outlet&nbsp;will function as an experience center.&nbsp;According to Bloomberg, five Model Y vehicles have arrived in Mumbai from Tesla's China factory.&nbsp;How much rent will Tesla pay for its showroom and warehouse? Tesla India recently&nbsp;leased&nbsp;24,565 sq ft of warehouse space at Lodha Logistics Park in Mumbai’s Kurla area. The Elon Musk-led company will pay a total rent of Rs 24.38 crore ($28,39,857) over five years, reported CRE Matrix. Tesla will pay Rs 37.53 lakh ($43,709) per month as rent for the first year. The rent will be increased by 5 percent every year. The warehouse will have parking spaces for 20 vehicles. The showroom will set Tesla back by Rs 23.38 crore ($27,23,094) over five years. At a rate of Rs 881 per square foot, this could be the most expensive lease deal for an auto showroom in India.

Tesla will open its first showroom in India on July 15. The location of the showroom will be Jio World Drive in Mumbai, said a report. The US EV-maker had leased a retail space in March. The showroom will be opened close to Apple's flagship store. Earlier

Tesla will open its first showroom in India on July 15. The location of the showroom will be Jio World Drive in Mumbai, said a report. The US EV-maker had leased a retail space in March. The showroom will be opened close to Apple's flagship store. Earlier this month, Tesla also leased a commercial space for warehousing in Mumbai's Kurla. Here are the key details of Tesla's India operations. The Elon Musk-led firm has leased a total of four properties in India, including an engineering hub in Pune and an office in Bengaluru. Union Minister for Heavy Industries HD Kumaraswamy had said in June that Tesla was not interested in setting up manufacturing in India and wanted to open showrooms. Tesla said on Friday that the Mumbai outlet will function as an experience center. According to Bloomberg, five Model Y vehicles have arrived in Mumbai from Tesla's China factory. How much rent will Tesla pay for its showroom and warehouse? Tesla India recently leased 24,565 sq ft of warehouse space at Lodha Logistics Park in Mumbai’s Kurla area. The Elon Musk-led company will pay a total rent of Rs 24.38 crore ($28,39,857) over five years, reported CRE Matrix. Tesla will pay Rs 37.53 lakh ($43,709) per month as rent for the first year. The rent will be increased by 5 percent every year. The warehouse will have parking spaces for 20 vehicles. The showroom will set Tesla back by Rs 23.38 crore ($27,23,094) over five years. At a rate of Rs 881 per square foot, this could be the most expensive lease deal for an auto showroom in India.

Tesla said on Friday that the Mumbai outlet&nbsp;will function as an experience center.

Tesla to open Mumbai showroom this month; rent per month to be...

Grok AI will be available in Tesla cars next week "at the latest," the EV manufacturer's CEO, Elon Musk, said in an X post on Thursday (July 10). Musk's AI company xAI rolled out Grok 4, its new flagship AI model, on Wednesday (July 9). Although Musk had previously announced that Tesla cars would have Grok, the billionaire CEO has not revealed a timeline.

<blockquote class="twitter-tweet">Grok is coming to Tesla vehicles very soon. Next week at the latest.&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1943251229511160001?ref_src=twsrc%5Etfw">July 10, 2025</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

<h2>What is Grok?</h2>Grok is a generative AI chatbot developed by xAI, Musk's AI company. It came out in late 2023 and has had multiple quick updates since then. The most recent version- Grok 4- came out this week and boasts improved reasoning skills, quicker response times and the ability to tackle sophisticated tasks such as solving math problems or creating visuals on the fly.&nbsp;&nbsp;Also Read: <a href="https://www.wionews.com/technology/elon-musks-grok-4-is-smarter-than-phd-holders-but-it-might-lack-common-sense-1752132981172">Elon Musk’s Grok 4 is smarter than PhD holders, but it might lack common sense!</a>&nbsp;It's also been built to work together with several AI agents internally, so it's more comfortable working with high-level thought and multi-step directives. Previous iterations of the chatbot were criticized for generating objectionable content, which is why xAI has included more stringent filters and moderation systems in the latest version.<h2>How it will work in Teslas?</h2>In Tesla vehicles, Grok will be a hands-free voice assistant that can respond to natural language prompts. Drivers will be able to ask questions regarding routes, traffic or vehicle diagnostics and Grok will provide responses in real time. The system is being trained to be conversational and context-aware, with the aim of making in-car interaction more intuitive and smoother. The assistant will be integrated into the Tesla interface itself, meaning drivers will not have to use third-party software or devices.&nbsp;Also Read: <a href="https://www.wionews.com/world/grok-under-fire-turkey-to-launch-probe-into-musk-owned-chatbot-here-s-why-1752074283157">Grok under fire: Turkey to launch probe into Musk-owned chatbot - Here's why</a>

Grok to be available in Tesla vehicles very soon, says Elon Musk

Grok AI will be available in Tesla cars next week "at the latest," the EV manufacturer's CEO, Elon Musk, said in an X post on Thursday (July 10). Musk's AI company xAI rolled out Grok 4, its new flagship AI model, on Wednesday (July 9). Although Musk had previously announced that Tesla cars would have Grok, the billionaire CEO has not revealed a timeline.

The update was shared on Elon Musk’s social media platform X, where he confirmed that the integration is almost complete

Tesla saw a modest rebound in the UK last month, with new car sales rising 12 per cent year-on-year in June, according to fresh data from research group New AutoMotive. The US electric vehicle (EV) maker delivered 7,891 vehicles in the UK in June, up from 7,019 during the same month in 2024. The boost coincided with the start of deliveries for an updated Model Y.Overall, the UK’s new car registrations rose 12.8 per cent in June to 187,655 units, driven by a 45.5 per cent surge in battery electric vehicle (BEV) sales. Despite this sector-wide boom, Tesla’s year-to-date sales in Britain remain nearly 2 per cent lower than in the same period last year, indicating that June’s uptick may not signal a sustained trend.June’s improvement comes on the heels of a dismal May for Tesla in the UK, when sales tumbled more than 45 per cent year-on-year. The company sold just 1,758 vehicles in May, down sharply from 3,244 a year earlier. That plunge came amid rising criticism of CEO Elon Musk’s increasingly polarising political presence in Europe and mounting competition from rivals, particularly Chinese automakers.<h2>Tesla is slowing its grip in European markets</h2>Indeed, Tesla’s position across Europe is showing clear signs of erosion. In Q1 2025, the company posted steep sales declines in almost every major European market. According to registration data compiled by Reuters, Tesla's sales plummeted by 62.2 per cent in Germany, 55.3 per cent in both Sweden and Denmark, 49.7 per cent in the Netherlands, and 41.1 per cent in France. Other notable declines were seen in Norway, Portugal, Spain, and Italy, contributing to an unweighted average drop of over 30 per cent across the region.This downturn is not due to a shrinking EV market, far from it. European EV sales grew 22 per cent in Q1, with strong gains in countries like the UK, Spain, and Italy. Tesla's slipping sales and shrinking market share reflect deeper challenges: ageing vehicle models, intensified Chinese competition from brands like BYD, and the polarising public image of its CEO.Even in the UK, Tesla’s only bright spot in Q1, its market share declined by more than four percentage points, despite slight growth in total unit sales. As competitors gain ground and European EV adoption accelerates, Tesla faces a critical juncture, and if the company does not take any immediate action, its dominance in key global markets may continue to fade.

June deliveries of Tesla up 12 per cent  in Britain, but Q1 2025 data shows a steep decline across European markets.

Tesla saw a modest rebound in the UK last month, with new car sales rising 12 per cent year-on-year in June, according to fresh data from research group New AutoMotive. The US electric vehicle (EV) maker delivered 7,891 vehicles in the UK in June, up from 7,019 during the same month in 2024. The boost coincided with the start of deliveries for an updated Model Y. Overall, the UK’s new car registrations rose 12.8 per cent in June to 187,655 units, driven by a 45.5 per cent surge in battery electric vehicle (BEV) sales. Despite this sector-wide boom, Tesla’s year-to-date sales in Britain remain nearly 2 per cent lower than in the same period last year, indicating that June’s uptick may not signal a sustained trend. June’s improvement comes on the heels of a dismal May for Tesla in the UK, when sales tumbled more than 45 per cent year-on-year. The company sold just 1,758 vehicles in May, down sharply from 3,244 a year earlier. That plunge came amid rising criticism of CEO Elon Musk’s increasingly polarising political presence in Europe and mounting competition from rivals, particularly Chinese automakers. Tesla is slowing its grip in European markets Indeed, Tesla’s position across Europe is showing clear signs of erosion. In Q1 2025, the company posted steep sales declines in almost every major European market. According to registration data compiled by Reuters, Tesla's sales plummeted by 62.2 per cent in Germany, 55.3 per cent in both Sweden and Denmark, 49.7 per cent in the Netherlands, and 41.1 per cent in France. Other notable declines were seen in Norway, Portugal, Spain, and Italy, contributing to an unweighted average drop of over 30 per cent across the region. This downturn is not due to a shrinking EV market, far from it. European EV sales grew 22 per cent in Q1, with strong gains in countries like the UK, Spain, and Italy. Tesla's slipping sales and shrinking market share reflect deeper challenges: ageing vehicle models, intensified Chinese competition from brands like BYD, and the polarising public image of its CEO. Even in the UK, Tesla’s only bright spot in Q1, its market share declined by more than four percentage points, despite slight growth in total unit sales. As competitors gain ground and European EV adoption accelerates, Tesla faces a critical juncture, and if the company does not take any immediate action, its dominance in key global markets may continue to fade.

June deliveries of Tesla up 12 per cent&nbsp; in Britain, but Q1 2025 data shows a steep decline across European markets.

Tesla’s UK sales rebound in June, while the road remains bumpy in Europe

Tesla’s AFSD (autonomous full self-driving) uses AI, sensors, and real-time using it, the Tesla cars to drive themselves. It learns from real roads, gets smarter over time, and brings us closer to a future of safe, driverless travel.

Tesla’s AFSD (autonomous full self-driving) uses AI, sensors, and real-time using it, the Tesla cars to drive themselves. It learns from real roads, gets smarter over time, and brings us closer to a future of safe, driverless travel.

Why Tesla cars can drive without humans? All about its 'AFSD' software

Elon Musk Tesla is more than a car brand. From self-driving AI to clean energy, solar power, batteries, robots, and global charging networks, Tesla is shaping the future of mobility, automation, and sustainable living worldwide.

Elon Musk Tesla is more than a car brand. From self-driving AI to clean energy, solar power, batteries, robots, and global charging networks, Tesla is shaping the future of mobility, automation, and sustainable living worldwide.

Why Elon Musk's Tesla is not just a car company?

One of Elon Musk's close confidants and a powerful executive at Tesla, Omead Afshar, has left the company. The high-level exit comes at a time when the electric car company is struggling amid uncertainty. Bloomberg reported, citing people familiar with the matter. The reason for his exit and his future plans were not clear. The news has circulated among some employees internally in recent days, added the report. Afshar's name no longer appeared in an internal directory.&nbsp;According to a Forbes report, Afshar, who was the head of operations in North America and Europe, was fired by Musk amid the declining sales in both regions and a decline in the popularity of the brand.&nbsp;Earlier in 2022, Afshar had been a subject of an internal investigation, according to Bloomberg. The probe focused on his orders of hard-to-get construction materials. This also included a special kind of glass for a secret project for Musk.&nbsp;After the investigation, Afshar worked for Musk's space company, SpaceX, but later returned to Tesla and was promoted to the vice president role.&nbsp;Afshar's X profile still says he works at Tesla. Earlier this week, he praised Musk after the company launched its pilot Robotaxi service in Austin, Texas. He wrote on X, “Absolutely historic day for Tesla. This has been *years* of hard work and focus by so many people within the company. Thank you, Elon, for pushing us all!”&nbsp;Earlier this month, Tesla’s head of Optimus humanoid robotics program, Milan Kovac, resigned. In an X post, Kovac said that he was leaving to spend more time with his family.&nbsp;Tesla has seen a decline of 19 per cent in its stock price this year. The company's sales in Europe have fallen for a fifth straight month in May, according to data from the European Automobile Manufacturers Association, or ACEA.&nbsp;The brand has also faced severe backlash this year due to Musk's political activities in the Trump administration and his work at the Department of Government Efficiency (DOGE).&nbsp;

The news has circulated among some employees internally in recent days, added the report. Afshar's name no longer appeared to show up in an internal directory.

One of Elon Musk's close confidants and a powerful executive at Tesla, Omead Afshar, has left the company. The high-level exit comes at a time when the electric car company is struggling amid uncertainty. Bloomberg reported, citing people familiar with the matter. The reason for his exit and his future plans were not clear. The news has circulated among some employees internally in recent days, added the report. Afshar's name no longer appeared in an internal directory. According to a Forbes report, Afshar, who was the head of operations in North America and Europe, was fired by Musk amid the declining sales in both regions and a decline in the popularity of the brand. Earlier in 2022, Afshar had been a subject of an internal investigation, according to Bloomberg. The probe focused on his orders of hard-to-get construction materials. This also included a special kind of glass for a secret project for Musk. After the investigation, Afshar worked for Musk's space company, SpaceX, but later returned to Tesla and was promoted to the vice president role. Afshar's X profile still says he works at Tesla. Earlier this week, he praised Musk after the company launched its pilot Robotaxi service in Austin, Texas. He wrote on X, “Absolutely historic day for Tesla. This has been *years* of hard work and focus by so many people within the company. Thank you, Elon, for pushing us all!” Earlier this month, Tesla’s head of Optimus humanoid robotics program, Milan Kovac, resigned. In an X post, Kovac said that he was leaving to spend more time with his family. Tesla has seen a decline of 19 per cent in its stock price this year. The company's sales in Europe have fallen for a fifth straight month in May, according to data from the European Automobile Manufacturers Association, or ACEA. The brand has also faced severe backlash this year due to Musk's political activities in the Trump administration and his work at the Department of Government Efficiency (DOGE).

The news has circulated among some employees internally in recent days, added the report. Afshar's name no longer appeared to show up in an internal directory.

Did Elon Musk fire his close confidant? Top Tesla executive exits amid declining sales

Tesla’s grip on the European electric vehicle (EV) market continues to weaken, with its sales in the region falling sharply in May, even as the broader auto market staged a modest recovery driven by hybrids and more affordable electric options available. According to data from the European Automobile Manufacturers’ Association (ACEA), Tesla’s new registrations in the EU, UK, and EFTA countries dropped 27.9 per cent year-on-year in May to just 13,863 vehicles. This marks the fifth consecutive monthly decline for the American EV company in one of its most important overseas markets.&nbsp;Year-to-date, Tesla’s sales in Europe are down a steep 37.1 per cent compared to 2024. This downturn comes against a backdrop of improving overall auto sales in the region. New-car registrations rose 1.9 per cent in May from a year earlier, reaching 1.11 million units. The growth was driven by strong performances in key markets like Germany, Spain, and the UK, even as France dragged on the total. But Tesla’s decline stands in stark contrast to the broader EV segment, which remains one of the fastest-growing categories.<h2>Rivals gain, Tesla falls behind</h2>Battery-electric vehicle (BEV) sales in Europe surged 27.2 per cent year-on-year in May to nearly 193,500 units, raising their share to 17 per cent of the overall market. Hybrids, particularly plug-in variants, also posted strong gains. Plug-in hybrid sales soared by 46 per cent to over 100,000 units, reflecting growing consumer preference for alternatives that offer electric range without full reliance on charging infrastructure.Chinese automakers, led by BYD and SAIC’s MG brand, are rapidly filling the space left by Tesla’s shrinking footprint. Chinese brands more than doubled their share of the EU market to 5.9 per cent in May from 2.9 per cent a year earlier, registering over 65,800 vehicles across 28 European markets, according to JATO Dynamics.The rise of Chinese players has come despite steep EU tariffs imposed on Chinese-made electric vehicles. Companies like BYD have swiftly responded to the tariffs by pivoting toward hybrids and gasoline-powered models, which are exempt from the tariffs. The result, BYD electric vehicles outsold Tesla in Europe in April and nearly matched it in May.Tesla’s challenges are compounded by an ageing product lineup. Its flagship Model Y and Model 3 face growing competition from newer, cheaper alternatives with more up-to-date technology. European carmakers such as Volkswagen, Renault, and Stellantis are also ramping up their EV offerings, further squeezing Tesla’s market share.Tesla’s European market share has dropped from 1.8 per cent to just 1.2 per cent, underscoring the scale of its retreat. In Germany, Europe’s largest car market, Tesla sales were down more than one-third compared to the same month last year, despite an overall rise in EV sales. The gap is especially stark when compared to BYD, whose sales in Germany have increased ninefold.<h2>Price, politics, and production challenges</h2>Several factors are contributing to Tesla’s decline in Europe. Price remains a major hurdle. While Tesla has adjusted pricing several times, its vehicles still sit above the entry-level EVs and hybrids now flooding the market. Moreover, the cost advantage of EVs is diluted in countries where charging infrastructure remains underdeveloped or electricity costs are high, pushing buyers toward hybrids.Consumer perception is another issue. Tesla CEO Elon Musk’s vocal political affiliations, particularly his public support for far-right parties in Germany, France, and the UK, have drawn backlash from European consumers. The brand has faced increasing resistance, with reports of buyer boycotts and a souring public image, especially in progressive urban markets that were once key Tesla strongholds.Production location also matters. Chinese competitors are moving quickly to sidestep tariffs by building factories in Europe. BYD, for example, plans to begin manufacturing vehicles in Hungary and Turkey by 2026, which will exempt them from EU import duties and likely lead to even lower retail prices. Tesla, in contrast, continues to rely heavily on its Shanghai Gigafactory for European supply, subjecting it to additional tariffs on Chinese-made vehicles.<h2>EU market shifts, Tesla’s path forward</h2>While Tesla’s position weakens, the European auto market is undergoing a transformation. Sales of petrol and diesel cars fell 19.5 per cent and 27.6 per cent, respectively, in May. The momentum is clearly with electrified vehicles, both pure EVs and hybrids, which are benefiting from consumer incentives, regulatory pressure, and greater model diversity.Volkswagen Group, which includes Audi, Skoda, and Seat, remains dominant with a 28 per cent EU market share. Stellantis, despite recent struggles, holds 16 per cent. Tesla, by contrast, is becoming a niche player. Legacy brands are also benefiting from updated models and aggressive pricing, areas where Tesla’s innovation cadence has slowed.Tesla’s focus appears to be shifting toward future technology bets like autonomous driving and robotaxi services, as seen in its recent launch of a fully driverless service in Austin, Texas. But for now, in Europe, Tesla’s decline is stark amid regulatory complexity, political optics, and fierce competition.

May sales of Tesl plunge 27.9 per cent as EV competition intensifies and consumer sentiment shifts. The company will need more than just software to reverse its fortunes in the world’s most competitive EV battleground.

Tesla’s grip on the European electric vehicle (EV) market continues to weaken, with its sales in the region falling sharply in May, even as the broader auto market staged a modest recovery driven by hybrids and more affordable electric options available. According to data from the European Automobile Manufacturers’ Association (ACEA), Tesla’s new registrations in the EU, UK, and EFTA countries dropped 27.9 per cent year-on-year in May to just 13,863 vehicles. This marks the fifth consecutive monthly decline for the American EV company in one of its most important overseas markets. Year-to-date, Tesla’s sales in Europe are down a steep 37.1 per cent compared to 2024. This downturn comes against a backdrop of improving overall auto sales in the region. New-car registrations rose 1.9 per cent in May from a year earlier, reaching 1.11 million units. The growth was driven by strong performances in key markets like Germany, Spain, and the UK, even as France dragged on the total. But Tesla’s decline stands in stark contrast to the broader EV segment, which remains one of the fastest-growing categories. Rivals gain, Tesla falls behind Battery-electric vehicle (BEV) sales in Europe surged 27.2 per cent year-on-year in May to nearly 193,500 units, raising their share to 17 per cent of the overall market. Hybrids, particularly plug-in variants, also posted strong gains. Plug-in hybrid sales soared by 46 per cent to over 100,000 units, reflecting growing consumer preference for alternatives that offer electric range without full reliance on charging infrastructure. Chinese automakers, led by BYD and SAIC’s MG brand, are rapidly filling the space left by Tesla’s shrinking footprint. Chinese brands more than doubled their share of the EU market to 5.9 per cent in May from 2.9 per cent a year earlier, registering over 65,800 vehicles across 28 European markets, according to JATO Dynamics. The rise of Chinese players has come despite steep EU tariffs imposed on Chinese-made electric vehicles. Companies like BYD have swiftly responded to the tariffs by pivoting toward hybrids and gasoline-powered models, which are exempt from the tariffs. The result, BYD electric vehicles outsold Tesla in Europe in April and nearly matched it in May. Tesla’s challenges are compounded by an ageing product lineup. Its flagship Model Y and Model 3 face growing competition from newer, cheaper alternatives with more up-to-date technology. European carmakers such as Volkswagen, Renault, and Stellantis are also ramping up their EV offerings, further squeezing Tesla’s market share. Tesla’s European market share has dropped from 1.8 per cent to just 1.2 per cent, underscoring the scale of its retreat. In Germany, Europe’s largest car market, Tesla sales were down more than one-third compared to the same month last year, despite an overall rise in EV sales. The gap is especially stark when compared to BYD, whose sales in Germany have increased ninefold. Price, politics, and production challenges Several factors are contributing to Tesla’s decline in Europe. Price remains a major hurdle. While Tesla has adjusted pricing several times, its vehicles still sit above the entry-level EVs and hybrids now flooding the market. Moreover, the cost advantage of EVs is diluted in countries where charging infrastructure remains underdeveloped or electricity costs are high, pushing buyers toward hybrids. Consumer perception is another issue. Tesla CEO Elon Musk’s vocal political affiliations, particularly his public support for far-right parties in Germany, France, and the UK, have drawn backlash from European consumers. The brand has faced increasing resistance, with reports of buyer boycotts and a souring public image, especially in progressive urban markets that were once key Tesla strongholds. Production location also matters. Chinese competitors are moving quickly to sidestep tariffs by building factories in Europe. BYD, for example, plans to begin manufacturing vehicles in Hungary and Turkey by 2026, which will exempt them from EU import duties and likely lead to even lower retail prices. Tesla, in contrast, continues to rely heavily on its Shanghai Gigafactory for European supply, subjecting it to additional tariffs on Chinese-made vehicles. EU market shifts, Tesla’s path forward While Tesla’s position weakens, the European auto market is undergoing a transformation. Sales of petrol and diesel cars fell 19.5 per cent and 27.6 per cent, respectively, in May. The momentum is clearly with electrified vehicles, both pure EVs and hybrids, which are benefiting from consumer incentives, regulatory pressure, and greater model diversity. Volkswagen Group, which includes Audi, Skoda, and Seat, remains dominant with a 28 per cent EU market share. Stellantis, despite recent struggles, holds 16 per cent. Tesla, by contrast, is becoming a niche player. Legacy brands are also benefiting from updated models and aggressive pricing, areas where Tesla’s innovation cadence has slowed. Tesla’s focus appears to be shifting toward future technology bets like autonomous driving and robotaxi services, as seen in its recent launch of a fully driverless service in Austin, Texas. But for now, in Europe, Tesla’s decline is stark amid regulatory complexity, political optics, and fierce competition.

May sales of Tesl plunge 27.9 per cent as EV competition intensifies and consumer sentiment shifts. The company will need more than just software to reverse its fortunes in the world’s most competitive EV battleground.

Europe hits the brakes on Tesla as Chinese rivals and hybrids surge

Tesla’s long-awaited foray into autonomous ride-hailing began on June 22, in Austin, Texas, marking a pivotal moment in Elon Musk's ambitious vision for the future of transportation. A fleet of approximately 10 Model Y SUVs will operate in a geofenced area of the city, offering a limited, invitation-only robotaxi service to early testers.&nbsp;This marks the first real-world deployment of Tesla's autonomous driving technology, but the service will be heavily restricted. Trips will be unavailable in bad weather, and passengers under 18 will be excluded. Additionally, a Tesla safety monitor will sit in the front passenger seat during the initial phase of testing.Tesla plans to expand the service to up to 1,000 vehicles within months, with Musk teasing the eventual introduction of a fully autonomous “cybercab” that will operate without pedals or a steering wheel.&nbsp;However, Tesla has made it clear that safety will remain a priority, with Musk admitting to being “super paranoid” about the rollout’s potential risks. For now, the general public will have to wait as Tesla fine-tunes the technology.<h2>A gamble for Tesla’s future amid growing competition</h2>The robotaxi service is seen as a critical test for both Tesla’s self-driving capabilities and the company’s future business prospects. Investors are banking on autonomous vehicles as a key driver of Tesla’s next phase of growth. Wall Street analysts predict that if the service succeeds, it could push Tesla's market capitalisation to over $2 trillion by the end of next year.&nbsp;However, as Tesla enters the crowded autonomous vehicle space, it faces strong competition from Alphabet’s Waymo, which already operates a commercial robotaxi service in several US cities.Tesla is betting that its vision of using cameras alone, rather than the more commonly employed lidar and radar systems, will be both safer and more cost-effective. But the company is also acutely aware of the risks, having seen competitors like GM’s Cruise and Uber pull back from their own self-driving ambitions following incidents involving fatalities.<h2>Teleoperation and safety concerns</h2>As part of its cautious approach, Tesla will rely on a teleoperation system where remote operators can take control of the robotaxis in certain situations. This method, used by other autonomous vehicle companies like Waymo, allows humans to intervene when a vehicle encounters a scenario it cannot handle on its own.&nbsp;However, experts warn that teleoperation has inherent risks, particularly when it comes to cellular data connectivity, which could experience lag or drop entirely in crucial moments.“The technology may work for a small test deployment, but once scaled up, the risks become more significant,” Philip Koopman, a Carnegie Mellon University engineering professor and autonomous-vehicle safety expert, told Reuters. Tesla’s strategy will be closely scrutinised by regulators and safety advocates, especially as the company pushes for broader deployment.Despite these hurdles, the stakes for Tesla are high. The robotaxi service is poised to redefine the transportation landscape and could serve as a pivotal factor in Tesla’s efforts to maintain its leadership in the electric vehicle and AI-driven industries.

Tesla's robotaxi service is seen as a critical test for both its self-driving capabilities and the company’s future business prospects. Investors are banking on autonomous vehicles as a key driver of Tesla’s next phase of growth.

Tesla’s long-awaited foray into autonomous ride-hailing began on June 22, in Austin, Texas, marking a pivotal moment in Elon Musk's ambitious vision for the future of transportation. A fleet of approximately 10 Model Y SUVs will operate in a geofenced area of the city, offering a limited, invitation-only robotaxi service to early testers. This marks the first real-world deployment of Tesla's autonomous driving technology, but the service will be heavily restricted. Trips will be unavailable in bad weather, and passengers under 18 will be excluded. Additionally, a Tesla safety monitor will sit in the front passenger seat during the initial phase of testing. Tesla plans to expand the service to up to 1,000 vehicles within months, with Musk teasing the eventual introduction of a fully autonomous “cybercab” that will operate without pedals or a steering wheel. However, Tesla has made it clear that safety will remain a priority, with Musk admitting to being “super paranoid” about the rollout’s potential risks. For now, the general public will have to wait as Tesla fine-tunes the technology. A gamble for Tesla’s future amid growing competition The robotaxi service is seen as a critical test for both Tesla’s self-driving capabilities and the company’s future business prospects. Investors are banking on autonomous vehicles as a key driver of Tesla’s next phase of growth. Wall Street analysts predict that if the service succeeds, it could push Tesla's market capitalisation to over $2 trillion by the end of next year. However, as Tesla enters the crowded autonomous vehicle space, it faces strong competition from Alphabet’s Waymo, which already operates a commercial robotaxi service in several US cities. Tesla is betting that its vision of using cameras alone, rather than the more commonly employed lidar and radar systems, will be both safer and more cost-effective. But the company is also acutely aware of the risks, having seen competitors like GM’s Cruise and Uber pull back from their own self-driving ambitions following incidents involving fatalities. Teleoperation and safety concerns As part of its cautious approach, Tesla will rely on a teleoperation system where remote operators can take control of the robotaxis in certain situations. This method, used by other autonomous vehicle companies like Waymo, allows humans to intervene when a vehicle encounters a scenario it cannot handle on its own. However, experts warn that teleoperation has inherent risks, particularly when it comes to cellular data connectivity, which could experience lag or drop entirely in crucial moments. “The technology may work for a small test deployment, but once scaled up, the risks become more significant,” Philip Koopman, a Carnegie Mellon University engineering professor and autonomous-vehicle safety expert, told Reuters. Tesla’s strategy will be closely scrutinised by regulators and safety advocates, especially as the company pushes for broader deployment. Despite these hurdles, the stakes for Tesla are high. The robotaxi service is poised to redefine the transportation landscape and could serve as a pivotal factor in Tesla’s efforts to maintain its leadership in the electric vehicle and AI-driven industries.

Tesla's robotaxi service is seen as a critical test for both its self-driving capabilities and the company’s future business prospects. Investors are banking on autonomous vehicles as a key driver of Tesla’s next phase of growth.

Tesla’s robotaxi service begins in Austin: Will Musk's vision finally deliver?

Tesla's long-awaited driverless robotaxi will finally hit the road next week, Tesla CEO Elon Musk announced in a post on X.Musk said that the company is planning to begin offering rides to the public on its robotaxis on June 22, starting from Austin, Texas.This marks a milestone moment in Tesla's self-driving strategy as Musk has been staking Tesla's future on autonomous vehicles.Musk, however, further cautioned that the company is being “super paranoid about safety”, adding that the rollout date might shift depending on the final checks.Moreover, the pilot service will begin with 10-20 MOdel Y SUVs, and the robotaxis will run in a limited area under remote human supervision."Austin &gt;&gt; LA for robotaxi launch lol," Musk posted. When asked, "When do first public rides start? We are all drooling over that one tiny clip from today lol."Musk replied, "Tentatively, June 22. We are being super paranoid about safety, so the date could shift. First Tesla that drives itself from factory end of line all the way to a customer house is June 28."<h2>Video making rounds on internet</h2>As Musk made the announcement, a viral video has been thrilling netizens on the internet, in which the first ever Tesla robotaxi is seen on the street, with no one in the driver's seat.

<blockquote class="twitter-tweet" data-media-max-width="560">BREAKING: THE FIRST EVER TESLA ROBOTAXI WITH NO ONE IN THE DRIVER SEAT WAS JUST SPOTTED IN AUSTIN Robotaxi is printed on the side of the car 😎<a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a><a href="https://t.co/TK39Tojhzq">pic.twitter.com/TK39Tojhzq</a>&mdash; Dalton Brewer (@daltybrewer) <a href="https://twitter.com/daltybrewer/status/1932479388420866151?ref_src=twsrc%5Etfw">June 10, 2025</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

One of the users commented, "Bigfoot spotted," while another posted, "History is being made.""This is going to be way cooler than we realize. &nbsp; And going to scale way faster than we think, &nbsp; And I have been driving the car for years and the promise of self driving has been a little behind. &nbsp;But knowing what I know about what the car can do, I think it’s time, &nbsp;this is it," another user wrote.&nbsp;&nbsp;<a href="https://www.wionews.com/business-economy/tesla-becomes-the-weakest-performer-of-the-magnificent-7-stocks-1749539014453">Also read: Tesla becomes the weakest performer of the magnificent 7 stocks</a>

Musk said that the company is planning to begin offering rides to the public on its robotaxis on June 22, starting from Austin, Texas.

Tesla's long-awaited driverless robotaxi will finally hit the road next week, Tesla CEO Elon Musk announced in a post on X. Musk said that the company is planning to begin offering rides to the public on its robotaxis on June 22, starting from Austin, Texas. This marks a milestone moment in Tesla's self-driving strategy as Musk has been staking Tesla's future on autonomous vehicles. Musk, however, further cautioned that the company is being “super paranoid about safety”, adding that the rollout date might shift depending on the final checks. Moreover, the pilot service will begin with 10-20 MOdel Y SUVs, and the robotaxis will run in a limited area under remote human supervision. "Austin >> LA for robotaxi launch lol," Musk posted. When asked, "When do first public rides start? We are all drooling over that one tiny clip from today lol." Musk replied, "Tentatively, June 22. We are being super paranoid about safety, so the date could shift. First Tesla that drives itself from factory end of line all the way to a customer house is June 28." Video making rounds on internet As Musk made the announcement, a viral video has been thrilling netizens on the internet, in which the first ever Tesla robotaxi is seen on the street, with no one in the driver's seat.

Musk said that the company is planning to begin offering rides to the public on its robotaxis on June 22, starting from Austin, Texas.

'BIGFOOT SPOTTED': Tesla's FIRST robotaxi to roll out soon in Austin - WATCH as viral video of driverless ride thrill netizens

Tesla stock downgrades from a couple of brokerages on Monday highlight Wall Street's growing fear about the EV maker's future after last week's spat between Musk and Trump.&nbsp;Argus Research and Baird downgraded Tesla's stock to a 'hold' recommendation from 'buy' before Musk and Trump's fallout on Thursday.The brokerages downgraded Tesla's stock due to concerns about the company's outlook following the breakup in Musk and Trump's bromance.&nbsp;The outlook cut further solidifies Tesla's status as analysts' least favourite megacap stock.<h2>Trump vs Musk: Tesla stock downgraded</h2>Tesla's shares have fallen about 27 per cent in 2025. That decline so far this year makes the EV maker the weakest performer of the so-called magnificent seven stocks.&nbsp;Tesla shares had rallied in the wake of Trump's re-election, which Musk vigorously supported. But they are down almost 40 per cent off their peak in December.&nbsp;Much of the stock's recent decline came after the high-profile blowup between Musk and Trump last week.&nbsp;The disagreements are perceived as a major drag on Tesla's share price, even as Musk later indicated he was willing to make amends.Wall Street analysts called the Trump-Musk spat a 'disaster' for embattled Tesla.&nbsp;Analysts at Argus Research said, "Looking ahead, we are concerned that the war of words between President Trump and Elon Musk, along with the expiration of EV credits, could further weaken demand for new Teslas."&nbsp;That view was echoed by Baird, which cut the stock to 'neutral' from 'outperform.'&nbsp;Baird said, "Musk's comments about Tesla's robotaxi program are a bit too optimistic, and we believe this excitement has been priced into shares."Tesla's robotaxi service focuses on driverless vehicles and artificial intelligence, and scheduled to launch in Austin this week.&nbsp;The EV maker has the worst analyst recommendation ratio among the market's biggest companies.&nbsp;Fewer than half of the analysts surveyed by Bloomberg recommended buy the shares. Still, there are 30 'buy' ratings for the stock.&nbsp;But there are also 18 'hold' ratings and 13 'sell' recommendations. Even within the positive bets, analysts don't seem to be expecting a price recovery anytime soon.&nbsp;

The stock has dropped about 27% in 2025 and nearly 40% from December's peak, making it the weakest performer among major stocks this year.

Tesla stock downgrades from a couple of brokerages on Monday highlight Wall Street's growing fear about the EV maker's future after last week's spat between Musk and Trump. Argus Research and Baird downgraded Tesla's stock to a 'hold' recommendation from 'buy' before Musk and Trump's fallout on Thursday. The brokerages downgraded Tesla's stock due to concerns about the company's outlook following the breakup in Musk and Trump's bromance. The outlook cut further solidifies Tesla's status as analysts' least favourite megacap stock. Trump vs Musk: Tesla stock downgraded Tesla's shares have fallen about 27 per cent in 2025. That decline so far this year makes the EV maker the weakest performer of the so-called magnificent seven stocks. Tesla shares had rallied in the wake of Trump's re-election, which Musk vigorously supported. But they are down almost 40 per cent off their peak in December. Much of the stock's recent decline came after the high-profile blowup between Musk and Trump last week. The disagreements are perceived as a major drag on Tesla's share price, even as Musk later indicated he was willing to make amends. Wall Street analysts called the Trump-Musk spat a 'disaster' for embattled Tesla. Analysts at Argus Research said, "Looking ahead, we are concerned that the war of words between President Trump and Elon Musk, along with the expiration of EV credits, could further weaken demand for new Teslas." That view was echoed by Baird, which cut the stock to 'neutral' from 'outperform.' Baird said, "Musk's comments about Tesla's robotaxi program are a bit too optimistic, and we believe this excitement has been priced into shares." Tesla's robotaxi service focuses on driverless vehicles and artificial intelligence, and scheduled to launch in Austin this week. The EV maker has the worst analyst recommendation ratio among the market's biggest companies. Fewer than half of the analysts surveyed by Bloomberg recommended buy the shares. Still, there are 30 'buy' ratings for the stock. But there are also 18 'hold' ratings and 13 'sell' recommendations. Even within the positive bets, analysts don't seem to be expecting a price recovery anytime soon.

Tesla stock was downgraded to 'hold' by Argus Research and Baird amid concerns over the company's future following a fallout between Musk and Trump.&nbsp;

Tesla becomes the weakest performer of the magnificent 7 stocks

President Donald Trump and Elon Musk's friendship has gone south. This relationship has shifted repeatedly over the past decade, moving from early opposition to public endorsement and, most recently, back to criticism. Here's a rundown of how US President Donald Trump and Elon Musk landed here:

<blockquote class="twitter-tweet">Without me, Trump would have lost the election, Dems would control the House and the Republicans would be 51-49 in the Senate.&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1930667528696828120?ref_src=twsrc%5Etfw">June 5, 2025</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

<h2>2016 :</h2>In the lead-up to the 2016 US presidential election, Elon Musk publicly criticised Donald Trump’s suitability for office while speaking to media, "I feel a bit stronger that he is not the right guy. He doesn’t seem to have the sort of character that reflects well on the United States." Musk, at the time supported Hillary Clinton. Though, after Trump’s victory, he agreed to serve briefly on two White House advisory boards before eventually stepping down in June 2017 following the US withdrawal from the Paris Climate Agreement. He posted on social media: “Climate change is real. Leaving Paris is not good for America or the world.”&nbsp;<h2>2020: Public Praise from Trump</h2> Despite their earlier differences, Trump, in 2020, publicly praised Musk, even calling him one of the great geniuses' of the modern age and admiring SpaceX’s rocket technology. "Great guy. He’s one of our great brains. We like great brains. And Elon has done a fantastic job", he said. Musk, during this period maintained distance from partisan politics.&nbsp;<h2>2022: Political Shift and Conflict</h2> In May 2022, Musk openly distanced himself from the Democratic Party, criticising it as divisive. He accepted that he had voted for Biden in 2020 but would refrain from supporting Democrats in future. However, in July 2022, Trump attacked Musk at a rally, calling him a 'bulls*** artist'. Musk responded by telling Trump to 'sail into the sunset.' Shortly after, Musk acquired Twitter (now X) and reinstated Trump’s previously suspended account. The reinstatement occurred four days after Trump announced his third presidential campaign.&nbsp;<h2>2023–2024: Endorsement and Deepening Involvement</h2> In May 2023, Musk appeared with Florida Governor Ron DeSantis to launch his presidential bid. However, after Trump survived an assassination attempt in a campaign rally in Butler, Pennsylvania in July 2024, Musk endorsed him and became a key campaign supporter. He posted on social media platform X: “I fully endorse President Trump and hope for his rapid recovery", publicly supporting Trump. The SpaceX CEO also reportedly donated over $270 million to Trump-aligned super PACs and was present at Mar-a-Lago on election night.

<blockquote class="twitter-tweet">I fully endorse President Trump and hope for his rapid recovery <a href="https://t.co/ZdxkF63EqF">pic.twitter.com/ZdxkF63EqF</a>&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1812256998588662068?ref_src=twsrc%5Etfw">July 13, 2024</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

<h2>In August-October 2024:</h2> In August, Musk and Trump held a conversation on 'X' and both congratulated each other in a wide-ranging chat. Later, Elon expressed that he is 'Willing to serve' the government. In October he even attended Trump's rally in Pennsylvania wearing a 'Make America Great Again' cap which was the slogan of the Trump campaign.&nbsp;<h2>Late 2024–Early 2025:</h2>&nbsp;&nbsp;After Trump’s win, Musk was appointed to co-lead the newly created Department of Government Efficiency (DOGE) alongside Vivek Ramaswamy, who later left the role. This department was created via an executive order and Musk became a regular presence at Cabinet meetings even accompanying the President. “Together, these two wonderful Americans will pave the way for my Administration to dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies,” Trump said in a statement at the time.&nbsp;<h2>January 2025: &nbsp;</h2>At the inauguration of Donald Trump, Musk received lavish praise from the President. "We have a new star. A star is born. Elon!" said Trump.&nbsp;<h2>March-May 2025:</h2> DOGE became highly controversial because it implemented large-scale staff cuts and spending reductions. Musk later concluded his 130-day government role in May 2025, claiming to have saved $175 billion.&nbsp;<h2>June 2025: Fallout and Public Break</h2> In early June, Musk denounced Trump’s key legislative proposal, the 'One Big Beautiful Bill' Act, calling it excessive and damaging, a 'disgusting abomination' that will explode federal budget deficits.&nbsp;'Shame on those who voted for it: you know you did wrong. You know it,' Musk said on X. This criticism escalated quickly into an all-out online brawl between Trump and Musk. As President threatened to pull back money in government contracts for Musk's companies, Musk claimed Trump couldn't have won the elections without him.&nbsp;

<blockquote class="twitter-tweet">I’m sorry, but I just can’t stand it anymore. This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination. Shame on those who voted for it: you know you did wrong. You know it.&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1929954109689606359?ref_src=twsrc%5Etfw">June 3, 2025</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

He even continued to make further claims, eventually dropping a bombshell that the Jeffery Epstein files were not released in full because Donald Trump was involved in the case. Currently, Tesla’s stock have dropped by over 50 per cent, with trade policy instability cited as a factor. Their once-close alliance has again devolved into public discord. &nbsp;

In early June, Musk denounced Trump’s key legislative proposal, the One Big Beautiful Bill, calling it excessive and damaging, a disgusting abomination that will explode federal budget deficits.

President Donald Trump and Elon Musk's friendship has gone south. This relationship has shifted repeatedly over the past decade, moving from early opposition to public endorsement and, most recently, back to criticism. Here's a rundown of how US President Donald Trump and Elon Musk landed here:

In early June, Musk denounced Trump’s key legislative proposal, the ‘One Big Beautiful Bill’, calling it excessive and damaging, a 'disgusting abomination' that will explode federal budget deficits.

Elon Musk and Donald Trump’s feud of the century: A timeline of how their turbulent friendship crumbled

After a high-voltage drama and the ongoing feud between Donald Trump and Elon Musk, the US president is considering selling his red Tesla. The Wall Street Journal, citing officials from the White House, reported that Trump is considering getting rid of his Tesla that he bought as part of a photo-op at the White House to promote Musk’s company. It was after a global anti-Musk protest and calls for a boycott of Tesla.&nbsp;The report said that Trump could either sell the car or give it away. As per CBS, the car had been parked outside the West Wing for weeks and was there by yesterday evening.&nbsp;Earlier, Trump had said that he spent “A lot of money” on his “beautiful” Tesla. He had also said that his White House team enjoyed taking turns driving it around the grounds. &nbsp;&nbsp;‘'I'm not even thinking about Elon. He's got a problem’&nbsp;Meanwhile, in an interview with CNN, Trump said he was “not even thinking” about Elon Musk.&nbsp;“I’m not even thinking about Elon. He’s got a problem. The poor guy’s got a problem,” Musk told CNN’s Dana Bash on a call.&nbsp;The US president further said he is not willing to speak to the Tesla CEO for a while but wishes him well.&nbsp;'Terminate Elon’s Governmental Subsidies and Contracts'&nbsp;It all began when Donald Trump, in a post on his social media platform Truth Social, called to end government contracts and subsidies granted to Musk’s companies.&nbsp;“The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon’s Governmental Subsidies and Contracts. I was always surprised that Biden didn’t do it!” Trump wrote.&nbsp;In response, Musk replied, saying, “In light of the President’s statement about cancellation of my government contracts, @SpaceX will begin decommissioning its Dragon spacecraft immediately.”&nbsp;Earlier, Musk also criticised Trump’s tax and spending policy. He called it a “disgusting abomination.”&nbsp;In return, Trump said, “I’m very disappointed in Elon. I’ve helped Elon a lot. He said the most beautiful things about me, and he hasn’t said bad about me personally, but I’m sure that’ll be next.”

Trump to sell his beautiful red Tesla after spending a lot of money on it? Here is what we know

After a high-voltage drama and the ongoing feud between Donald Trump and Elon Musk, the US president is considering selling his red Tesla. The Wall Street Journal, citing officials from the White House, reported that Trump is considering getting rid of his Tesla that he bought as part of a photo-op at the White House to promote Musk’s company. It was after a global anti-Musk protest and calls for a boycott of Tesla. The report said that Trump could either sell the car or give it away. As per CBS, the car had been parked outside the West Wing for weeks and was there by yesterday evening. Earlier, Trump had said that he spent “A lot of money” on his “beautiful” Tesla. He had also said that his White House team enjoyed taking turns driving it around the grounds. ‘'I'm not even thinking about Elon. He's got a problem’ Meanwhile, in an interview with CNN, Trump said he was “not even thinking” about Elon Musk. “I’m not even thinking about Elon. He’s got a problem. The poor guy’s got a problem,” Musk told CNN’s Dana Bash on a call. The US president further said he is not willing to speak to the Tesla CEO for a while but wishes him well. 'Terminate Elon’s Governmental Subsidies and Contracts' It all began when Donald Trump, in a post on his social media platform Truth Social, called to end government contracts and subsidies granted to Musk’s companies. “The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon’s Governmental Subsidies and Contracts. I was always surprised that Biden didn’t do it!” Trump wrote. In response, Musk replied, saying, “In light of the President’s statement about cancellation of my government contracts, @SpaceX will begin decommissioning its Dragon spacecraft immediately.” Earlier, Musk also criticised Trump’s tax and spending policy. He called it a “disgusting abomination.” In return, Trump said, “I’m very disappointed in Elon. I’ve helped Elon a lot. He said the most beautiful things about me, and he hasn’t said bad about me personally, but I’m sure that’ll be next.”

The Wall Street Journal, citing officials from the White House, reported that Trump is considering getting rid of his Tesla that he bought as part of a photo-op at the White House to promote Musk’s company. It was after a global anti-Musk protest and calls for a boycott of Tesla.&nbsp;

Trump to sell his 'beautiful' red Tesla after spending 'a lot of money' on it? Here's what we know

Here are some key moments of bromance between the US President Donald Trump and Elon Musk before the “big, beautiful” bill led to their breakup.

Here are some key moments of bromance between the US President Donald Trump and Elon Musk before the “big, beautiful” bill led to their breakup.

In pics | Trump and Musk’s ‘big beautiful’ bromance to breakup

Tesla, the electric vehicle (EV) giant led by Elon Musk, has confirmed that it is not interested in manufacturing cars in India but plans to open showrooms in the country, Union Heavy Industries Minister H.D. Kumaraswamy said on June 2.The announcement came as the Indian government unveiled detailed guidelines for its new initiative aimed at promoting the manufacturing of electric passenger vehicles in India.Under the scheme, global automakers are encouraged to set up manufacturing facilities in India, with significant investments and commitments to local manufacturing. However, Tesla, which had previously shown interest in the Indian market, is not expected to participate in manufacturing under the scheme.“Tesla is more focused on starting showrooms in India, but they are not interested in setting up manufacturing units here,” Minister Kumaraswamy told reporters during a media briefing. While the EV maker has participated in early discussions regarding the scheme, it has not shown interest in moving forward with production plans in India.&nbsp;Other global EV makers show interest in India&nbsp;In stark contrast, other global automakers such as Mercedes-Benz, Volkswagen-Skoda, Hyundai, and Kia have expressed strong interest in the central government’s scheme and are keen to establish manufacturing units in India, according to Kumaraswamy. These companies have already indicated their intent to apply for the scheme once the official application process opens.Tesla’s reluctance to establish a production base in India is not entirely surprising. The company has previously voiced concerns over the country's high import duties, which can reach up to 110 per cent on foreign-made vehicles.However, the Indian government has announced a reduction in customs duties on electric vehicles (EVs) under its new policy, which allows a maximum of 8,000 imported EVs every year to be brought in at a reduced duty of 15 per cent for five years, provided the companies commit to local manufacturing.The scheme is expected to boost the country’s EV industry, generate employment, and align with India’s long-term goal of achieving net-zero emissions by 2070. To qualify for the reduced import duties, foreign companies must invest at least ₹4,150 crore (approximately $500 million) and meet certain local value addition targets.The window for applying under the scheme will open in the coming weeks, with the government looking to attract global players to set up a manufacturing base in India.While Tesla has opted to focus on imports and showrooms in India, the potential investment by Mercedes-Benz, Hyundai, and others signals a growing interest in India’s EV sector. The government's push to turn India into a global hub for EV manufacturing is poised to transform the country’s automotive landscape.With the global EV market becoming increasingly competitive, especially with the rise of Chinese EV manufacturers like BYD, the success of India’s new policy could have long-term implications for both the domestic and international automotive industries.

The announcement came as the Indian government unveiled detailed guidelines for its new initiative aimed at promoting the manufacturing of electric passenger vehicles in India.

Tesla, the electric vehicle (EV) giant led by Elon Musk, has confirmed that it is not interested in manufacturing cars in India but plans to open showrooms in the country, Union Heavy Industries Minister H.D. Kumaraswamy said on June 2. The announcement came as the Indian government unveiled detailed guidelines for its new initiative aimed at promoting the manufacturing of electric passenger vehicles in India. Under the scheme, global automakers are encouraged to set up manufacturing facilities in India, with significant investments and commitments to local manufacturing. However, Tesla, which had previously shown interest in the Indian market, is not expected to participate in manufacturing under the scheme. “Tesla is more focused on starting showrooms in India, but they are not interested in setting up manufacturing units here,” Minister Kumaraswamy told reporters during a media briefing. While the EV maker has participated in early discussions regarding the scheme, it has not shown interest in moving forward with production plans in India. Other global EV makers show interest in India In stark contrast, other global automakers such as Mercedes-Benz, Volkswagen-Skoda, Hyundai, and Kia have expressed strong interest in the central government’s scheme and are keen to establish manufacturing units in India, according to Kumaraswamy. These companies have already indicated their intent to apply for the scheme once the official application process opens. Tesla’s reluctance to establish a production base in India is not entirely surprising. The company has previously voiced concerns over the country's high import duties, which can reach up to 110 per cent on foreign-made vehicles. However, the Indian government has announced a reduction in customs duties on electric vehicles (EVs) under its new policy, which allows a maximum of 8,000 imported EVs every year to be brought in at a reduced duty of 15 per cent for five years, provided the companies commit to local manufacturing. The scheme is expected to boost the country’s EV industry, generate employment, and align with India’s long-term goal of achieving net-zero emissions by 2070. To qualify for the reduced import duties, foreign companies must invest at least ₹4,150 crore (approximately $500 million) and meet certain local value addition targets. The window for applying under the scheme will open in the coming weeks, with the government looking to attract global players to set up a manufacturing base in India. While Tesla has opted to focus on imports and showrooms in India, the potential investment by Mercedes-Benz, Hyundai, and others signals a growing interest in India’s EV sector. The government's push to turn India into a global hub for EV manufacturing is poised to transform the country’s automotive landscape. With the global EV market becoming increasingly competitive, especially with the rise of Chinese EV manufacturers like BYD, the success of India’s new policy could have long-term implications for both the domestic and international automotive industries.

The announcement came as the Indian government unveiled detailed guidelines for its new initiative aimed at promoting the manufacturing of electric passenger vehicles in India.

Tesla ditches India production plans, focuses on showroom expansion

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