Tesla is being ordered to reimburse an owner whose vehicle had malfunctions when operating the Autopilot function in Germany. A court in Munich ruled the electric automaker must repay a customer for most of the Model X that she bought, amounting to $112,884.80, or 112,000 euros. The vehicle underwent a technical analysis, which proved the…
Twitter’s lawsuit against Elon Musk will be ruled by Judge Kathaleen McCormick, who took over the role of chief judge of the Court of Chancery last year. She has a no-nonsense reputation, and she stands as one of the few jurists who actually ordered a reluctant buyer to close a U.S. corporate merger. Twitter’s lawsuit…
The Republic of Georgia’s National Communications Commission authorized the launch of Elon Musk’s SpaceX Starlink internet service in the Easter European country. Starlink Holdings Netherlands established a subsidiary Starlink Georgia on June 29, and subsequently applied for permission to provide internet in the country from the National Communications Commission. The regulatory body approved Starlink’s request on…
SpaceX has successfully sent a Cargo Dragon spacecraft on its way to the International Space Station (ISS) as part of the company’s 30th launch this year. A fuel leak spotted near one of Dragon’s Draco maneuvering thrusters delayed the mission from its original early-June launch target but SpaceX and NASA ultimately rectified the problem and…
The U.S. Securities and Exchange Commission (SEC) recently released a letter to Elon Musk in June, questioning his commitment to the $44 billion Twitter deal. The letter reveals that SEC wanted Elon Musk to amend his public 13D filing to reflect his intention to suspend or abandon the Twitter deal. It was a response to…
LinkedIn cofounder and executive chairman, Reid Hoffman took to Twitter to defend Elon Musk against former President Trump. It all started when Trump claimed at a rally in Alaska that Elon Musk had told him that he voted for him. Elon Musk responded to the claim on Twitter saying, “not true.” Elon Musk pointed out that he didn’t hate the former…
Tesla is now accepting questions for its Q2 2022 earnings Q&A. The Tesla earnings call is scheduled for Wednesday, July 20, 2022, at 4:30 p.m. Central Standard Time. Tesla plans on releasing its Shareholder Deck when the market closes. QUESTIONS Tesla shareholders can submit questions and vote for questions through Say Technologies. Some of the top questions with…
Tesla asked a U.S. Court on Thursday to dismiss a lawsuit filed against the automaker that claims the company violated federal law by reducing its employee headcount without first warning employees by giving them advance notice. In a filing in federal court in Austin, Texas, Tesla said the workers who were let go or laid…
Used car prices are incredibly high right now due to vehicle availability, and Tesla is certainly no exception. If you’re looking to trade in your vehicle for a new model or even shift to another brand altogether, a recent study from a Tesla owner showed that shopping around for the best price is an absolute…
Amidst the departure of former Tesla Director of AI Andrej Karpathy on Wednesday, Elon Musk provided an update on one of the company’s most important projects — Full Self-Driving. According to Musk, the highly-anticipated FSD Beta v10.13 should enter internal beta on Thursday. With Karpathy’s departure, a good number of Tesla supporters expressed their concerns…