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Tag: Elon Musk

Tesla halts plans for affordable $25,000 electric car amidst focus on Robotaxi

Despite previous announcements by Elon Musk, Tesla has shifted focus from its anticipated affordable electric vehicle, codenamed NV9, to prioritize its Robotaxi project

Tesla announces significant global workforce reduction

In a move to streamline operations, Tesla plans to cut over 10% of its staff amid slowing EV demand and competitive pressures

Elon Musk’s high-stakes Tesla launch in India amidst market challenges

As Elon Musk prepares to unveil Tesla's investment plans in India, challenges from China and global tech disruptions loom large

Elon Musk announces Tesla to unveil robotaxi on August 8, shifting focus from affordable EVS

In a pivot from plans for a more affordable electric vehicle, Tesla CEO Elon Musk reveals the company will instead concentrate on launching an autonomous robotaxi

Tesla’s market dominance wanes as electric vehicle sales dip amidst rising competition

Despite aggressive price cuts, Tesla witnessed a significant sales drop, signalling heightened global EV market competition
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