[TAG0][TAG1] Even Elon Musk has been stumped by the uncertain macroeconomic climate. Tesla has slashed EV price this year in order to compete with rising interest rates and the increasing competition. Tesla's revenue, which surpassed expectations by $24.93 billion, reached a record high. It's been an interesting ride over the past three years. The economy has gone … [Read more...]

Elon Musk has had a long career as an innovator. He started his first company Zip2 in 1999. The company was bought from Compaq at the end of 2001. In 2002, he created X.com and it was later renamed PayPal after 2004. In 2006, he founded Tesla Motors, which went public in 2010. In 2013 he founded SpaceX and is currently developing rockets and spacecraft. Elon Musk is a visionary who has founded … [Read more...]

Elon Musk has enjoyed a long career in the field of innovation. He founded his first company Zip2 in 1999. It was acquired by Compaq at the end of 2001. In 2002 he founded X.com and later it became PayPal at the end of 2004. In 2006 he founded Tesla Motors, which went public in 2010. In 2013, he launched SpaceX and is currently developing rockets as well as spacecraft. Elon Musk is a visionary … [Read more...]

Elon Musk has had many years of experience in the field of innovation. He founded his first company Zip2 in 1999. The company was bought by Compaq in 2001. In 2002 he founded X.com and later it became PayPal later in the year 2004. In 2006, he founded Tesla Motors, which went public in the year 2010. In 2013 he founded SpaceX, which is currently developing rockets and spacecraft. Elon Musk is a … [Read more...]

Elon Musk has enjoyed a long career in the field of innovation. He started his first company Zip2 in 1999. The company was purchased by Compaq at the end of 2001. In 2002, he created X.com which later became PayPal at the end of 2004. In 2006 he founded Tesla Motors, which went to the public market in 2010. In 2013, he launched SpaceX, which is currently developing rockets as well as spacecraft. … [Read more...]

[TAG0][TAG1] The cost of replacing the battery in an electric vehicle can be thousands of dollars. Most batteries can last for up to 200,000 km and the technology is always improving. Tesla's batteries are guaranteed for 8 years, or up to 100,000-150,000 miles - whichever comes first. The battery life of a Tesla is a major concern for potential owners. According to … [Read more...]

[TAG0][TAG1] Elon Musk’s net worth has risen above $250 billion, and Tesla shares have soared 136% in the past year. The value of Tesla is directly linked to the personal wealth of the entrepreneur, who owns around 13% of its stock. Last year, he became the first person to ever lose over $200 billion dollars. Elon Musk has already reached a quarter of his way to becoming a … [Read more...]

[TAG0][TAG1] Gene Munster, a Tesla executive, said that the FSD software could have a major impact on Tesla's revenues. If Tesla licenses its technology and lowers prices, this could amount to up to $20 billion per year. Investors digested lower profit margins in the second quarter, which led to a 8% drop in the shares on Thursday. Gene Munster says that Tesla's … [Read more...]