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SpaceX hits €1.06tn after xAI merger as Musk consolidates empire

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BYD sales pull ahead as Tesla stumbles on sales and politics

Tesla’s early dominance of the electric car market is being challenged as China’s BYD posts record sales and wins over European consumers with lower prices.

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Massive fire at Tesla dealership burns dozens of EVs

A large fire at a Tesla dealership near Marseille destroyed dozens of electric cars as authorities investigate possible criminal damage.

Business

Musk could become world's first trillionaire in new Tesla pay package

Elon Musk could become the world's first trillionaire after Tesla shareholders approved a $1 trillion stock compensation plan, despite opposition and declining sales.

Business

Tesla profits fall despite higher sales, hitting share price

Tesla reported a fourth straight decline in quarterly profit even as sales rose, triggering a drop in its shares in after-hours trading. Meanwhile, CEO Elon Musk is betting on the robotaxi branch to revitalise the company's future.

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US watchdog probes self-driving Tesla cars in blow to Elon Musk

Tesla crashes and reports of reckless autonomous driving have triggered a fresh inquiry in the US, piling pressure on Musk’s robotaxi push.

Tech News

Tesla unveils slightly cheaper versions of the Model 3 and Model Y

Tesla has talked about a cheaper car for years, though the two new “standard” models are priced well above the $25,000 price tag promised.

Business

Tesla sales jump after months of boycotts: Can the momentum continue?

Tesla stock rose sharply on the sales news, but closed the day down 5% amid scepticism that the new number really signals a turnaround.

Business

Elon Musk's fortune briefly jumped to a record $500 billion

The CEO of Tesla saw his fortune rise as the EV maker's shares jumped on the stock market, adding billions to Musk's fortune.

Business

European countries with the most government subsidies for buying EVs

While all EU member states offer some form of tax benefit to boost EV sales, there is a significant difference between their direct purchase incentive schemes, with some of the most generous ones coming from Southern European countries.

Business

Musk buys Tesla stock - could he become the first global trillionaire?

The CEO of Tesla is making a public show of confidence in the company's future, as the EV maker's success could allow him to become the world's first trillionaire.

Business

The world's richest person: Larry Ellison briefly replaced Elon Musk

Oracle's shares soared over 40% on Wednesday before slipping slightly, boosting co-founder Larry Ellison's fortune beyond the Tesla CEO's wealth for a few hours.

Tech News

Uber and China’s Momenta to test robotaxis in Germany in 2026

However, there are still regulatory approvals needed for them to be up and running.

Business

Chinese BYD triples its sales in Europe while Tesla is losing momentum

New EU car registrations jumped by 7.4% in July year-on-year. EV sales are increasing, but Tesla is losing momentum in the bloc as Chinese competitor BYD grows in popularity, tripling its sales in the first seven months.

United Kingdom

'Weak sauce': Elon Musk reignites public spat with Nigel Farage

On Tuesday, Farage vowed to pull the UK out of the European Convention on Human Rights and start mass deportations of anyone who arrived in the country illegally.

Space

SpaceX delivers four astronauts to the International Space Station

The four person crew which arrived at the International Space Station on Saturday consists of two NASA astronauts, one from Russia and one from Japan.

Business

Elon Musk's Tesla signs €14 billion chip deal with Samsung Electronics

Elon Musk confirmed in a post on X that the South Korean giant’s US-based foundry will produce chips used in Tesla's self-driving cars, a record-breaking deal for both Samsung and American chipmaking.