Tesla reports record quarterly profit as electric car sales boom | Tesla

Tesla announced a record quarterly profit on Monday as sales of its electric vehicles boomed in the first three months of year. The world’s most valuable car company recorded a profit of $438m on revenues of $10.39bn despite facing supply issues and the latest in a series of safety investigations Continue Reading

Tesla crash: investigators ‘100% sure’ no one driving car in fatal Texas incident | Tesla

Federal safety regulators have sent a team to investigate the fatal crash of a Tesla electric car in a Houston suburb in which no one was behind the wheel. The Tempemail Highway Traffic Safety Administration (NHTSA) said on Monday it had sent a special crash investigation team to Spring, Texas. Continue Reading

Two die in Tesla car crash in Texas with ‘no one’ in driver’s seat, police say | Tesla

Two men died after a Tesla vehicle, which was believed to be operating without anyone in the driver’s seat, crashed into a tree north of Houston, authorities said. “There was no one in the driver’s seat,” Sgt Cinthya Umanzor of the Harris County Constable Precinct 4 said of the crash Continue Reading

Meet the Briton leading a Tesla rival who wants to save the planet | Automotive industry

The Lucid Motors boss Peter Rawlinson is fluent in the language of the new breed of electric carmaker: he wants to save the planet and he wants to do it fast. The California carmaker is only starting production of its hotly anticipated first model in the second half of this Continue Reading

Tesla Ransomware Hacker Pledges Guilty; Swiss Hacktivist Charged for Fraud – Tempemail

The U.S. Department of Justice yesterday announced updates on two separate cases involving cyberattacks—a Swiss hacktivist and a Russian hacker who planned to plant malware in the Tesla company. A Swiss hacker who was involved in the intrusion of cloud-based surveillance firm Verkada and exposed camera footage from its customers Continue Reading

Elon Musk changes his Tesla job title to ‘technoking’ | Elon Musk

Elon Musk, the billionaire chief executive of Tesla with a penchant for eccentric behaviour, has changed his job title to “technoking” of the electric car manufacturer. In addition to Musk, who also retains his position as chief executive, the company’s financial chief, Zach Kirkhorn, has been rebranded as “master of Continue Reading

Elon Musk no longer world’s richest person as Tesla shares fall | Elon Musk

Elon Musk, the maverick boss of Tesla, is no longer the world’s richest person after shares in the electric car company dropped 8.6% on Monday, wiping $15.2bn (£10.8bn) off his fortune. Musk, who last month leapfrogged Amazon founder Jeff Bezos to take the title of the world’s wealthiest person, dropped Continue Reading

Tesla buys $1.5bn in bitcoin, pushing price to new high | Bitcoin

Tesla, the electric car company run by the world’s richest person, Elon Musk, revealed on Monday that it had bought $1.5bn (£1.1bn) in bitcoin and said it may soon accept payment in the popular but controversial cryptocurrency. The company disclosed the bitcoin holding in a filing with the US Securities Continue Reading

Is big tech now just too big to stomach? | Business

The coronavirus pandemic has wrought economic disruption on a global scale, but one sector has marched on throughout the chaos: big tech. Further evidence of the industry’s relentless progress has come in recent weeks with the news that Apple and Amazon both raked in sales of $100bn (£72bn) over the Continue Reading