A federal jury ordered Tesla to pay more than $130-million in damages to a black former worker, finding he was subjected to a racially hostile work environment, a report said.
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An EV uses the same rechargeable lithium-ion batteries that are in your laptop or mobile phone, they’re just much bigger and much more expensive.
Tesla CEO Elon Musk said the electric car maker will probably launch a “Tesla Bot” humanoid robot prototype next year, designed for dangerous, repetitive, or boring work that people don’t like to do.
Tesla CEO Elon Musk’s total compensation for 2020 was nil, compared to $23 760 in 2019. However, finance chief Zachary Kirkhorn’s total compensation was $46.6-million.
Tesla chairwoman Robyn Denholm sold 31 250 shares of the electric vehicle maker for more than $22-million, according to a new regulatory filing.
Elon Musk’s brain-chip start-up, Neuralink, has raised US$205-million in a funding round led by Dubai-based venture capital firm Vy Capital, with participation from Google Ventures.
It’s time for bitcoin’s corporate champions to account for a brutal selloff in the cryptocurrency.
Mercedes-Benz plans to invest more than €40-billion by 2030 to be ready to take on Tesla in an all-electric car market, but warned the shift in technology would lead to job cuts.
Tesla will most likely restart accepting bitcoin as payments once it conducts due diligence on the amount of renewable energy used to mine the currency, CEO Elon Musk said.
Tesla’s shares have become less correlated with those of large US technology companies ahead of the electric vehicle maker’s earnings report and bitcoin may be the reason why.