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Tuesday, June 25, 2024


Tesla shareholders approve Elon Musk’s controversial pay package

Tesla shareholders approve Elon Musk’s multi-billion-dollar pay package despite a court ruling invalidating it, highlighting confidence in his leadership.

Rivian’s R1 vehicles undergo a significant overhaul

Rivian's R1 vehicles get a significant overhaul with new architecture and upgrades for better performance and efficiency.

Elon Musk’s xAI secures US$6 billion to advance its AI race against ChatGPT and competitors

Elon Musk's xAI secures US$6B for AI development, launching Grok to challenge ChatGPT, aiming to push AI beyond Tesla.

Hyundai pushes forward with EVs despite a sales slowdown

Hyundai commits to EVs despite a sales slump, with a US$7.6 billion plant in Georgia, aggressive lease programmes, and a partnership with Tesla.

American tech giants face tough challenges in China

Discover how American tech giants like Apple and Tesla are navigating the increasingly challenging business environment in China.

OpenAI claps back at Musk’s claims with email evidence

OpenAI refutes Elon Musk's allegations using his own emails, showcasing support for its for-profit transition and fundraising efforts.

Tesla’s Q4 record overshadowed by BYD’s rise

Tesla achieves a record number of EV deliveries in Q4 2023, yet is outperformed by China's BYD amid a changing market landscape and regulatory challenges.

Electric vehicles face reliability challenges, Consumer Reports survey finds

Consumer Reports' survey reveals electric vehicles face significant reliability issues, particularly in charging and battery systems, as the automotive industry evolves.