Billie Eilish criticized Elon Musk for accumulating wealth, claiming that he could have spent his money on philanthropic goals. The singer shared an infographic stating that Musk could end world hunger and rebuild Gaza.
Tesla Inc. is developing Apple CarPlay support in its electric vehicles, one of the most requested features. This could boost sales after a decline in demand, partly due to the lack of CarPlay.
The clothing brand Skims has raised $5 billion in a new funding round, preparing to expand its store network and launch new product lines. The company expects net sales to exceed $1 billion in 2025.
Car and battery manufacturer BYD is completing a 130 square kilometer plant in Zhengzhou, China, which will become the world's largest complex for the production of electric vehicles and batteries. It will produce up to one million electric cars annually.
Siddhant Awasthi, Tesla's Cybertruck program manager, has announced his resignation after more than 8 years with the company. His departure comes amid low Cybertruck sales and numerous recalls.
Elon Musk stated that traditional money may disappear, and the value of goods and services will be measured in units of energy. At the same time, the billionaire advised shareholders to "hold on to Tesla shares."
Tesla shares fell more than 3% on Friday, reducing Elon Musk's fortune by $10 billion. This happened after shareholders approved a compensation plan that could bring him $1 trillion over a decade.
The new Tesla Roadster has faced further delays. Elon Musk has postponed the presentation of the all-electric flying car until April 2026.
Tesla shareholders have backed a compensation package for Elon Musk that could be worth nearly $1 trillion. This would make him the world's first trillionaire if the company reaches a market capitalization of $8.5 trillion.
Tesla shareholders are to decide Elon Musk's fate by approving a compensation package worth up to $878 billion. The board of directors considers him indispensable for transforming the company into an artificial intelligence technology giant.
Harley-Davidson reported a 6% decline in global retail sales and revenue of $1. 34 billion in the third quarter. New CEO Jochen Zeitz took over the company on October 1 amid these challenges.
Norway's sovereign wealth fund voted against a new compensation package for Elon Musk worth over $1 trillion. This is the first major institutional investor to publicly disclose its decision, causing Tesla shares to fall by almost 3%.
Tesla sales are declining in Europe and the US, despite Elon Musk's attempts to secure the largest corporate payout in history. Europe saw a significant drop in registrations in October, while growth in the US is linked to the expiration of tax credits.
Las Vegas Police have started using Tesla Cybertrucks, each costing up to $115,000. The fleet of ten armored vehicles was made possible by a $2.7 million donation from the co-founder of venture capital firm Andreessen Horowitz and his wife.
Ford Motor Co. is investing $370 million to upgrade a closed plant in Tamil Nadu to produce over 200,000 engines annually for export. This comes amid trade tensions between India and the US, reaffirming India as a key manufacturing base for Ford.
Tesla is recalling 6,197 Cybertruck pickups, which is about 10% of all existing ones, due to improper use of adhesive in the attachment of the "Off Road Lightbar" accessory. This could lead to the light bar detaching while driving, creating a road hazard.
Tesla is looking for a battery manufacturing process engineer for the Roadster, indicating that preparations for mass production are beginning. Production of the new Roadster is not expected to begin before 2027.
Apple Inc. shares rose 0.4%, reaching a market value of $4 trillion, making it the third public company to reach this milestone. This growth was driven by demand for its iPhone lineup and new products.
Elon Musk's political activism and his support for Donald Trump have led to significant losses for Tesla. A Yale University study showed that the company missed out on over a million sales since October 2022.
Elon Musk unveiled the Grokipedia project, which, according to him, in version 0. 1 already surpasses Wikipedia. The platform, developed by xAI, has over 800,000 articles created by artificial intelligence.
After long disputes and strained relations, Elon Musk and Donald Trump have started communicating again, the American president said.
Tesla Chair Robyn Denholm warned that Elon Musk might leave the company if his $1 trillion compensation package is not approved. This plan is intended to keep Musk as Tesla's CEO for at least another seven and a half years.
A new study crowned the Kia EV6 for battery longevity, while the Tesla Model Y also ranked high. 80% of used electric vehicles and hybrids retained 90% or more of their useful battery capacity.
Tesla's sales fell by 13% in the first half of 2025, with the company losing ground in the US, Europe, and China. This is due to increased competition, an outdated model lineup, and reduced government subsidies.
In September 2025, Ukrainians purchased 8. 2 thousand used passenger cars imported from abroad, up to 5 years old, of which 55% were electric vehicles. The most popular models were Tesla Model Y and Tesla Model 3.
Tesla recorded record revenue in the third quarter of 2025, reaching $28. 1 billion, surpassing Wall Street forecasts. The company delivered 497,099 vehicles, but earnings per share were lower than analysts' expectations.
General Motors plans to release an electric SUV, the Cadillac Escalade IQ, which will be able to drive without driver intervention, in 2028. The system will allow hands-free driving on highways but will be disabled in urban conditions.
Tesla is recalling 12,963 Model 3 and Model Y electric vehicles in the US due to a potential battery defect. This could lead to a sudden loss of engine power, increasing the risk of an accident.
Tesla shareholders will vote on November 6 on an unprecedented $1 trillion compensation package for Elon Musk. Consulting firm ISS advises rejecting the plan, citing "serious concerns about its scale and structure."
Global electric vehicle sales in September 2025 exceeded 2. 1 million units for the first time, marking the highest monthly figure. This boom is driven by tax breaks and local incentives in the US, UK, South Korea, and China.
