The electric vehicle industry is buzzing with news of Tesla's upcoming budget-friendly car. This new model is set to hit the market in the first half of 2025, offering a significant price drop compared to the current base Model 3. The new vehicle is expected to be priced at around $30, 000, includin
On May 20, 2025, the stock market experienced a shift. The previous day's gains were not enough to keep the momentum going. The S&P 500, which had been on a winning streak for six days, finally took a pause. It dropped by 0. 39%, closing at 5, 940. 46. The tech-heavy Nasdaq Composite also saw a slig
Elon Musk, the CEO of Tesla and SpaceX, made a surprising announcement. He declared that he would be cutting back on his political donations in the future. This news came during his appearance at the Qatar Economic Forum in Doha. The forum took place on May 20, 2025. Musk's decision marks a signific
Investors are buzzing about the electric vehicle (EV) industry. A major player in this field is Contemporary Amperex Technology Co. This company is known as CATL. It is the world's leading maker of EV batteries. CATL recently made headlines with a significant event. It had a secondary listing o
A big win for Elon Musk's SpaceX. Saudi Arabia has given the thumbs up to Starlink. This means that the satellite internet service can now operate in the country. The news was shared by Musk himself during a visit by former U. S. President Donald Trump to the kingdom. The announcement was made at t
Robyn Denholm, the head of Tesla's board, has been making some serious moves in the stock market. She's sold over 500 million dollars worth of Tesla shares in the last few years. This is a big deal because it's more than what most other big company board chairs have made in the same time. Denholm's
Tesla's new Model Y is facing a tough time winning over customers. This is despite the fact that the company rolled out a refreshed version in January. The car maker is now offering big incentives to lure buyers. Some financing deals for the new Model Y come with a 0% interest rate. This is unusual
In a significant move, Saudi Arabia has given the green light to Starlink, the satellite internet service from SpaceX, for use in aviation and maritime sectors. This approval came during a high-profile investment forum in Riyadh, where Elon Musk, the CEO of Tesla and SpaceX, was a key speaker. The e
Tesla's ambitious plans to launch a fleet of self-driving taxis have hit a snag. The company's efforts to trademark the term "Robotaxi" have been rejected by the U. S. Patent and Trademark Office. The office deemed the term too generic for a single company to own. This decision came after Tesla appl
Tesla's board has been quietly looking for a new leader. This news came out after a report was published. The report said that the board started this search about a month ago. They did this while Elon Musk was busy in Washington. Musk was trying to cut government spending. Meanwhile, Tesla was deali
