In an unexpected move, Oracle names Clay Magouyrk and Mike Sicilia as co-CEOs
Oracle has replaced Safra Catz, who played a key role in creating the company's cloud strategy and propelling it to...
Tesla
Musk’s $1 billion purchase of Tesla stock causes the business to surge
As the electric vehicle manufacturer races to meet its ambitious goals in robotaxis, artificial intelligence, and robotics as it seeks...
Tesla may offer Musk up to $1 trillion in compensation
A month after the firm's board authorized a stock award for Elon Musk worth over $29 billion, Tesla announced a...
For the first time since 2020, BYD has experienced two consecutive months of production drops
In August, BYD's production declined for the second consecutive month, marking its first such monthly contraction since 2020. This development...
Tesla guarantees that the Model YL ‘will be here soon’
Tesla, the electric car company owned by Elon Musk, announced on the Chinese social network Weibo that the Model YL...
In the second quarter, Tesla incurred a $300 million expense due to Trump tariffs
During the call, Tesla CEO Elon Musk remarked that the company’s energy division is encountering “headwinds” due to the president’s...
Tesla introduces its ‘Model Y’ in India; Musk relaxes Trump’s tariffs
On Tuesday, Tesla introduced its Model Y in India, with a price of around $70,000—this is considerably higher than the...
Following the market meltdown, Tesla short sellers stand to gain around $1.4 billion
Paper profits from short positions in Tesla are expected to total almost $1.4 billion for traders in the electric vehicle...
In June, Tesla’s sales in the UK increased compared to the previous year
After the U.S. automaker started delivering its revised Model Y last month, data released Friday shows that Tesla's new car...
Sales at Tesla have dropped to a historic low from the previous year.
Tesla reported another record sales drop Wednesday, due to the damage caused by CEO Elon Musk's political activities and increasing...
